Singapore Hot Properties

ANNOUNCEMENT ~~~

THE WAIT IS OVER!!😱
Hot New Launch OPENS TODAY !!!

LENTOR MODERN -
A mixed-use integrated development above a shopping mall nestled in the tranquil Lentor Hills estate by award-winning developer GuocoLand.

Integrated Convenience, Transforming Lentor!

Residential - F&B - Supermarket - Childcare - Direct to MRT!

LIVE • SHOP • DINE • LEARN • PLAY • MRT 🥂🍾

📍Three 25-storey towers with 605
residential units of 1-4 bedroom
apartments, and a sky terrace in each
tower.
📍Shopping mall with over 96,000 sqft of
retail, F&B, cafes, restaurants, clinics,
childcare facilities and over 10,000 sqft
supermarket.
📍Directly connected to Lentor MRT
station (Thomson-East Coast Line)
📍Walking distance to nature reserves
with lush greenery in the vicinity
unblock view over the landed enclave.
📍Conveniently accessible to many parts
of Singapore such as Seletar
Aerospace Park, Botanic Gardens,
Orchard Road, Central Business
District (CBD) to East Coast.

Lentor Modern is the 1st Integrated Mix-Use Development around landed enclave not to be missed!!!! Psf from $1880*psf up

Call / PM Direct Developer’s Representing Salesperson, Val @ +6597638887 or click wa.me/6597638887 for more details NOW!
For others, click www.ipropnex.com
* subject to change

URA Master Plan for property buyers: How to read and understand it-

The first thing savvy property buyers do when researching to buy a unit, house or project they’re interested in is to check the URA Master Plan.

This guide helps you easily understand the Master Plan by zooming in on what you need to look out for.

Source: 99.co

URA Master Plan for property buyers: How to read and understand it For savvy property buyers, the URA Master Plan is the closest thing to being able to tell the future. This guide shows you how to read and understand the Master Plan, so you can have vital information to help you pick your ideal property.

ANNOUNCEMENT ~~~

THE WAIT IS OVER!!😱
Upcoming Hot New Launch !!!

LENTOR MODERN -
A mixed-use integrated development above a shopping mall nestled in the tranquil Lentor Hills estate by award-winning developer GuocoLand.

Integrated Convenience, Transforming Lentor!

Residential - F&B - Supermarket - Childcare - Direct to MRT!

LIVE • SHOP • DINE • LEARN • PLAY • MRT 🥂🍾

📍Three 25-storey towers with 605
residential units of 1-4 bedroom
apartments, and a sky terrace in each
tower.
📍Shopping mall with over 96,000 sqft of
retail, F&B, cafes, restaurants, clinics,
childcare facilities and over 10,000 sqft
supermarket.
📍Directly connected to Lentor MRT
station (Thomson-East Coast Line)
📍Walking distance to nature reserves
with lush greenery in the vicinity
unblock view over the landed enclave.
📍Conveniently accessible to many parts
of Singapore such as Seletar
Aerospace Park, Botanic Gardens,
Orchard Road, Central Business
District (CBD) to East Coast.

Lentor Modern is the 1st Integrated Mix-Use Development around landed enclave not to be missed!!!!

Target To Launch in Sept 2022!

Call / PM Direct Developer’s Representing Salesperson, Val @ +6597638887 or click wa.me/6597638887 for more details NOW!
For others, click www.ipropnex.com

Paya Lebar Air Base Redevelopment-
Source : Business Times
07/06/2022

Redevelopment plans for Paya Lebar Air Base met with enthusiasm!

INDUSTRY observers are enthusiastic about the ideas and concepts for
the redevelopment of the Paya Le-
bar Air Base (PLAB) and its surrounding areas, with some wondering about the possibility of a plot ratio revision in the vicinity when height restrictions there are lifted.

With the relocation of PLAB from
the 2030s onwards, which frees up
800 ha of land, the space and its sur.
rounding areas are set to be redevel-
oped into a new and green live-work-play town, the Urban Redevelopment Authority (URA) announced at the launch of its Long-Term Plan Review (LTPR) Exhibition
on Monday (Jun 6).

The URA's partners, the Singapore Institute of Architects (SIA) and
Singapore Institute of Planners (SIP),
gathered ideas from the public and
proposed ideas and concepts for
the PLAB, including self-sufficient
and walkable neighbourhoods. The
redeveloped site will also house
buildings with smart-city technology and integrated live-work areas to bring employment closer to residents.

The PLAB will help Singapore meet its future housing demand and create districts with distinct identities based on the site's rich heritage and differentiated characteristics. Besides housing new developments to meet the increasingly diverse needs of the population, the town can contribute to building a strong sense of ownership and belonging among its residents too,URA said.

The lifting of height restrictions around the air base will also allow better optimisation of land and rejuvenate the surrounding areas, it said.

This, noted Nicholas Mak, ERA
Realty Network's head of research
and consultancy, could lead to a revision of the masterplan plot ratio, making the site meaningful for development, and will especially benefit existing owners of buildings in the PLAB's flight path.

Sharing a similar view is Sing Tien Foo, director of the NUS Institute of Real Estate and Urban Studies and head of the Department of Real Estate at the National University of Singapore.

"The planning restrictions for ol-
der properties in the areas could be
lifted, freeing up more sites for re-
developments, said Prof Sing.

"Many older buildings that have not
been optimised in the land use density could be redeveloped through the en-bloc process.

However, ERA's Mak thinks the
government is quite wary of an upward revision of plot ratio - something they have not done for the last few masterplans - because it is seen
as "widening the wealth gap be-
tween the haves and the have-nots"
And while the PLAB will also free
up a lot of land for development, he
reckons it will be released very slowly, starting with land for public housing, followed by perhaps 1 to 4 land parcels every year under the Government Land Sales (GLS) programme for private housing. This will avoid causing a housing glut in the area.
"Depending on the location of
the sites, new benchmark prices could be set because there has not been any GLS sites in the area for awhile," he said, pointing out that the last big one -in 2015 for Paya Lebar Central near the Paya Lebar MRT station - has already been developed into mixed-used development,
Paya Lebar Quarter.

SIA and SIP envision PLAB to be a
sustainable and energy efficient
town. Half of PLAB's energy could be
derived from renewable resources
such as solar farms and waste-to-energy plants.

PLAB is envisioned to be a town
with people-centric mobility net.
works. Only autonomous vehicles
and active mobility modes of trans-
port will be allowed in neighborhoods.
"This is a great idea as making an
area walkable will also enhance its
liveability,"said Lee Sze Teck, Hut-
tons Asia's senior director for re-
search. "These communal greens
can function as spaces for commu-
nity events as well, making full use
of our limited resources. Steven Tan, chief executive of OrangeTee & Tie, said the new large site can also be developed into multiple 20-minute towns, which will allow people to meet their basic needs
within walking or cycling distance, This will help to further progress our journey towards a car-lite society,he added.

Given that the planning and de-
velopments in the PLAB will take shape in the next 10 to 20 years, it will also integrate well with the completion of the Cross Island MRT line to provide connectivity to the areas, noted Prof Sing.
SIA and SIP also envisage nature
corridors and park connectors to be
added into PLAB to support biodiversity.

PLAB's history as an international airport and an air base will be integrated into its future development. Existing infrastructure, including the former passenger terminal buildings,
control tower, airport hangars, runway, bunkers and other historic buildings, could form the foundation of its transfor-
mation through adaptive reuse.

New districts in the redeveloped
site could be centred on a key heri-
tage feature, such as the hangar or
the runway.

As the PLAB's development will
stretch over many years, adaptable
spaces of different scales can be set
aside as flexible zones. This will provide room for future developments and to meet unexpected needs.

The PLAB will be part of URA'S
LTPR to provide more homes for
new needs and growing aspirations of Singaporeans. This will be done by building closer to key amenities and job nodes; diversifying housing types to meet different household's needs; and integrating nature and heritage assets.

There will be a wider variety of housing designs to cater to house-holds of different sizes and needs, which can be adaptable to accommodate changes in lifestyles.

The URA will also prioritise development on brownfield sites “where possible", such as the Greater Southern Waterfront, which is planned to be developed into attractive live-work-play areas.

To build more inclusive and close-knit towns, the URA plans to create a "better mix" of public and private homes in both new and existing developments. This will help facilitate interactions and sharing
of facilities among residents from
all walks of life.

The URA also hopes to create
homes that contribute to healthier
lifestyles and provide spaces that
accommodate different uses
throughout the day. "For instance, a
co-working space during the day
can be converted to host community events in the evenings," URA said,
URA plans to rejuvenate ageing towns by adding more greenery and improving accessibility and connectivity within aging towns to promote more active lifestyles such as walking and cycling.

Pic 1) Existing infrastructure, including the former passenger terminal buildings, control tower, airport hangars, runway, bunkers and other historic buildings, could form the foundation of PLAB’s transformation through adaptive reuse.

Pic 2) Illustrative masterplan

SINGAPORE INSTITUTE OF ARCHITECTS AND SINGAPORE INSTITUTE OF PLANNERS

Bukit Timah Home Collection -
Source: Business Times
JUL 9, 2020

The enduring allure of Bukit Timah
Top schools, luxurious homes, lush greenery. Think of Bukit Timah, and these are the images that come to mind. Over the years, this neighbourhood has become one of Singapore’s most exclusive estates, and has come to embody fine lifestyles in Singapore.

With the Urban Redevelopment Authority’s (URA) Master Plan 2019, Bukit Timah is getting a new infusion of green lungs, heritage spots and better connectivity, all of which are set to enhance its enduring allure for generations to come.

Allgreen Properties’ Bukit Timah Collection, a trio of upcoming luxury residential developments in prime District 10, is well poised to capture this.

Nestled close to Sixth Avenue are the Fourth Avenue Residences and Royalgreen, while over at the Bukit Timah-Tanglin enclave sits Juniper Hill.

Each of the 3 properties shines in its own unique way, with all offering a refined lifestyle that balances nature and city, serenity and connectivity, peace and wonder; bridging Bukit Timah’s storied heritage and its vibrant future.

Come home to luxury!

(1) Fourth Avenue Residences-
The largest development at 476 units is Fourth Avenue Residences, which will offer immaculate, unblocked views of greenery and landed homes surrounding it.

Whether it is your morning swim in the 50-metre lap pool, meditation by the floating garden, or gatherings with family and friends at the relaxation pavilion, Fourth Avenue Residences will become an oasis for you to unwind and rejuvenate. Enjoy also the convenience of the development’s unparalleled direct access to Sixth Avenue MRT on the Downtown Line.

Units range from 1-bedroom (484 sq ft) at an affordable price of about $1 million to the largest size four-bedroom units of up to 1,496 sq ft.

A short 5-minute walk from Fourth Avenue Residences is Royalgreen, a freehold, 5-storey development along Bukit Timah Road. Ranging from two to four bedrooms (635 sq ft to 1,475 sq ft), this development is a rare opportunity to own a brand-new freehold home surrounded by the very best Bukit Timah has to offer. It is just a 5-minute walk from the Sixth Avenue MRT.

(2) With 285 homes, Royalgreen offers the right balance between maintaining privacy and boasting ample facilities. From the big green lawn, to the mesmerising poolside dining pavilion, to rooftop recreation options like tennis courts and gourmet pavilions, it is like coming home to a tropical getaway, everyday.

Fourth Avenue Residences and Royalgreen sit right in the middle of Singapore’s renowned education belt: Nanyang Girls’ High School, Hwa Chong Institution, National Junior College, Methodist Girls’ School (Primary and Secondary) and Raffles Girls’ Primary School are all within 1 to 2 km.

*** THE BUKIT TIMAH TRANSFORMATION ***
Imagine in the future an elevated skypark right at your doorstep that will lead you by foot or by bike to the well-liked national gardens - Jurong Lake Gardens, Gardens by the Bay and the UNESCO World Heritage site Singapore Botanic Gardens.

For residents at Fourth Avenue Residences and Royalgreen, enjoying the green and community spaces will be an everyday reality. The skypark is the first phase of the 11 km Bukit Timah-Rochor Green Corridor, envisioned to link the country’s three national gardens and in the future, Kallang Riverside Park.

The Bukit Timah-Rochor Green Corridor will also connect to the upcoming Rail Corridor, a 24km continuous green stretch that will link Woodlands in the north to Tanjong Pagar in the south. Once a train line that connected Singapore and the Malay peninsula, it will serve as a green spine enthralling visitors with historic railway structures, wildlife like laced woodpeckers and striped tit-babblers, and colourful flora and fauna.

The historic Bukit Timah Railway Station, a key highlight of the Rail Corridor, will be transformed into a heritage gallery and community space.

These developments will not just add colour to your Bukit Timah lifestyle – the rejuvenation stands to raise property values in the area as well.

A CONNECTING SANCTUARY TO NATURE & CONVENIENCE ~~~
Close by the Botanic Gardens, one of the touchpoints of the Bukit Timah-Rochor Green Corridor, is the 115-unit Juniper Hill, – a member of the Bukit Timah Collection that offers a taste of uptown living, amid tranquil settings.

Located on higher ground on Ewe Boon Road, this freehold development is just a 5-minute drive from Orchard Road, and a 10-minute walk from Stevens MRT, soon to become an interchange for the Downtown and Thomson East Coast Lines. Getting to work at the Marina Bay Financial Centre has never been so convenient.

Within 1 km of Juniper Hill are Anglo-Chinese School (Barker and Primary), St Joseph’s Institution (SJI) and Singapore Chinese Girls’ School (SCGS).

Residents of Juniper Hill will enjoy world class hospitality, with an in-house concierge and additional services from the renowned Shangri-La Hotel, Singapore, such as delivery of fresh bakes, laundry services, and assistance with hotel room bookings and dining reservations.

This boutique development is designed with different levels of landscaped facilities. Residents can enjoy quiet moments at the spa sanctuary at the lower landscaped deck, swim a few laps in the 50-metre lap pool at the upper landscape or stargaze from the sky lounge. Otherwise, have a game of tennis with your friends and family.
Have your choice of two-bedroom units (from 592 sq ft) to five-bedroom units as large as 2,217 sq ft.

***THE POTENTIAL UPSIDE OF BUKIT TIMAH***
Each time you venture out from home, you’ll be reminded of the unrivaled benefits of living in Bukit Timah.
More convenience is coming to the Bukit Timah Collection properties.

An upcoming Integrated Transport Hub next to Beauty World MRT station will inject vibrancy into the Bukit Timah area and enhance the overall commuting experience for residents. A possible future interchange with Phase 2 of the Cross Island Line will greatly reduce travel times and improve connectivity.

From Fourth Avenue Residences and Royalgreen, you are directly connected to Marina Bay and CBD via Downtown Line due to the developments’ proximity to Sixth Avenue and Stevens MRT stations.

Choose to come home to the Bukit Timah Collection today. For enquiries on any of these developments, please call Direct Developer’s Salesperson Val @ +6597638887 or click wa.me/6597638887 for more details.
Other developments pls kindly click www.ipropnex.com

Have you heard of the upcoming Integrated Development in a New Private Enclave Township?

𝑳𝑰𝑽𝑬•𝑺𝑯𝑶𝑷•𝑫𝑰𝑵𝑬•𝑳𝑬𝑨𝑹𝑵•𝑷𝑳𝑨𝒀

𝗟𝗘𝗡𝗧𝗢𝗥 𝗠𝗢𝗗𝗘𝗥𝗡 is the 1st of Integrated Development in a landed enclave not to be missed!

- 25 storeys with 600 residential units ✅
- 1BR to 4BR Good unit mix ✅
- Shopping Mall with F&B & supermarket ✅
- More than 10,000 sqft of childcare
facilities ✅
- Direct link to MRT. Only 9 Stops from
Orchard MRT✅
- Vast amount of nature reserve & park in
proximity✅

Launching Soon in Q3/2022!

Oғғɪᴄɪᴀʟ Aᴘᴘᴏɪɴᴛᴇᴅ Mᴀʀᴋᴇᴛɪɴɢ Aɢᴇɴᴄʏ
⭐️𝗣𝗥𝗢𝗣𝗡𝗘𝗫⭐️

Contact Direct Developer’s appointed Salesperson, Val @ +6597638887 for more info.
Valerie Lauren Lee
Wa.me/6597638887

High Oak Condominium, D21
Upper Bukit Timah region of Singapore.

3-bedrooms | Spacious Ground floor Unit that is elevated & just minutes walk to Beauty World Mrt.

* Low rise 5-storey development with
highest on 4th level.
* Rare elevated ground floor unit. As good
as on 2nd level! Highest is 4th level.
* Walk-through Video available upon
request.
* Within 1Km - Bukit Timah Pri & Pei Hwa
primary School.
* Within 2Km- Methodist Girls’ Sch (Pri),
Bukit View Pri & Keming Pri Schools.

- Elevated 1690sf | Ground floor Unit with
good-sized & functional patio.
- Main door NW, Balcony SE. No west sun
nor afternoon heat!
- 3-bedrooms with 2 ensuites
(reconfigured)
- Kitchen with Utility and WC
- Fluid and spacious living and dining
areas.
- Patio has side gate to exit and has
power point, water point and floor trap.
- Bus stops right outside development
- Abundance of amenities with Post
office,Community Centre, MRT,
renowned food areas all within walking
distance.
- Serious Seller!
- East access to major expressways!
- Upcoming growth region with good
future potential and demand!

Viewing is strictly via appointment basis.
Don’t miss a superb locality spacious unit below $1200psf!!
Click wa.me/6597638887 for more details and walkthrough video!
Or call +6597638887. Foreigners are eligible.
R012245B
L3008200J

NEW CONDO LAUNCH IN SENTOSA
Cape Royale @ Sentosa Cove, D04 of Singapore’s
Launching soon!!! Don’t miss! Breathtaking full unblocked sea view!

🔹 Singapore’s most desirable address -
Sentosa
🔹 Panoramic view of the South China
Sea, the Southern Islands, Tanjong
Golf Course and the city skyline.
🔹 Top-of-the-range appliances &
finishings

🔸 3-Bedroom : from 1,680sf
🔸 4-Bedroom : from 2,508sf

💥 Targeted Launch Date : 26th June
2022
Stay-tuned for more updates or DM me to book your exclusive viewing appointment!

*For more info, kindly contact :
Developer’s Appointed Salesperson,
Valerie Lauren Lee
Click watsapp @ http://wa.me/6597638887
Http://www.ipropnex.com for other new developments

FLESH NEWS!
SINGAPORE

Additional buyer's stamp duty (ABSD) of 35% NOW will apply on any transfer of residential property into a living trust occurring ON OR AFTER May 9th 2022, the Ministry of Finance (M*F) announced on Sunday (May 8th)!! Just about 5 mins ago.

Check it out!
To further understand this, you can DM / Call experienced realtor, Val @ +6597638887 or click wa.me/6597638887 for further details.
L3008022J

Additional buyer's stamp duty of 35% to apply on any transfer of residential property into living trust from May 9 SINGAPORE: Additional buyer’s stamp duty (ABSD) of 35 per cent now will apply on any transfer of residential property into a living trust occurring on or after May 9, the Ministry of Finance (M*F) announced on Sunday (May 8). ABSD will be payable even if there is no identifiable beneficial own

𝐃𝐢𝐬𝐭𝐫𝐢𝐜𝐭 𝟖 of Singapore! Long awaited ….
𝐁𝐫𝐚𝐧𝐝 𝐍𝐞𝐰 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐞𝐝 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐛𝐲 𝐑𝐞𝐧𝐨𝐰𝐧𝐞𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬, 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐉𝐕 𝐛𝐞𝐭𝐰𝐞𝐞𝐧 𝐂𝐃𝐋 & 𝐌𝐂𝐋 𝐋𝐚𝐧𝐝…

The Highly Anticipated RCR Blockbuster New Launch in 2022!
✅ 𝐏𝐢𝐜𝐜𝐚𝐝𝐢𝐥𝐥𝐲 𝐆𝐫𝐚𝐧𝐝 preview starts from 23rd Apr 2022!✅
BOOKING STARTS NOW!

🎉Designed for luxurious city fringe living, a wide variety of unit types are available, ranging from 484 square feet (sq ft) for a one-bedroom to 1,679 sq ft for a five-bedroom premium with a private lift.
Best of all, the 1-5 bedders are attractively priced:
✅ 1 bedroom from S$1.058m
✅ 2 bedroom from S$1.348m
✅ 3 bedroom from S$1.788m
✅ 4 bedroom dual key from S$2.738m
✅ 5 bedroom from just over S$3m

Drawing inspiration from the vicinity’s popularity as a sports and recreational hub for the affluent in the 1900s, Piccadilly Grand reflects the distinct sensibilities of the Farrer Park district. This uniquely local precinct echoes the distinctive heritage architecture and homegrown charms of a progressive city.

Piccadilly Grand is directly linked to Farrer Park MRT station on the North East Line (NEL) and just two stops to Dhoby Ghaut MRT Interchange along Orchard Road. It also has easy access to major expressways such as the CTE and PIE, making the Central Business District (CBD) and the Orchard Road shopping belt just a short drive away.

✅ Check-out the virtual tours by clicking the links here:
Piccadilly Grand Virtual Tour ~~~

Showflat Sales Gallery:
https://tubear.co/3d-model/piccadilly-grand-sales-gallery/fullscreen/

2+S (Type B3S) :
https://tubear.co/3d-model/piccadilly-grand-2-bedroom-study-type-b3s/fullscreen/

4Br DK (Type D2DK) :
https://tubear.co/3d-model/piccadilly-grand-4-bedroom-dual-key-type-d2dk/fullscreen/

✅ Register your VVIP preview with me now!🎯

Developer’s Appointed Sales Representative: Valerie Lauren Lee
📲 Mobile: 97638887
Click wa.me/6597638887 to book your viewing appointment.
L3008022J
Propnex Realty Pte Ltd

Source: 99.co
Singapore HDB news.

What exactly are the fees you need to pay (besides the home mortgage loan) before selling your HDB flat? 🤔

SO, You have completed the five-year Minimum Occupation Period (MOP), and your growing family is itching to move into a larger home. You have made up your mind — you are going to sell your current HDB flat in exchange for a bigger and fancier home. But there is just one problem: You are unsure of the expenses to be paid before selling your HDB flat.

One of the most important things you need to settle is your outstanding home mortgage loan.

On top of that, there are a few other costs that you need to pay before selling off your HDB flat. So what are these fees??

1. Resale application administrative fee

When do you pay?

Both the seller and buyer are required to fork out the administrative fee when they submit their respective portion of the resale application through the HDB Resale Portal.
So, How much does it cost?

Flat type: Resale application
fee (inclusive of
GST):
1-room or 2-room flat S$40
3-room or larger flat S$80

What is the mode of payment?

There are 2 accepted payment methods for the administrative fee:

(A) Via the HDB Resale Portal, you can pay with a credit card (Mastercard or Visa). You can also utilise any of the supported mobile payment apps like PayNow, NETSPay, UOB Mighty, DBS PayLah!, OCBC Pay Anyone, and POSB/DBS digibank.

(B) If you have engaged a licensed property agent, you can pay with GIRO using their Estate Agent Toolkit.

2. Legal fees

When do you pay?

After HDB has received the resale application from both the buyer and seller, you will be asked to endorse the resale documents via the HDB Resale Portal. This is when you need to pay the legal fees.

How much does it cost?

It depends on whether you’re engaging HDB’s solicitor to act for you, or you’re hiring a private lawyer to handle the necessary paperwork. Refer to article chart enclosed within for the estimated legal costs.

If you want to get a quick estimate of the legal fees, you can click to use HDB’s Legal Fees Enquiry Facility:-
https://services2.hdb.gov.sg/webapp/BB14LFEESENQ/BB14STransactionController

3. Property tax

When do you pay?

The annual property tax is usually paid in January for the whole year. So you’ll need to submit the tax payment receipt (can be when nearing) during the flat sale completion appointment.

How much does it cost?

The property tax is calculated by multiplying your flat’s Annual Value (AV) with the applicable tax rate. The AV is your flat’s estimated gross rent for one year if it has been leased out. IRAS determines it based on prevailing market rates.

In 2020, the median AV for a four-room flat is S$9,600.

For owner-occupied homes-
These are the tax rates for residential properties where the owner lives in it. In this article, we only include the tax rates for properties with an AV of up to S$55,000 since HDB flats in general have a lower AV.

Annual Value Tax rate Property tax
payable
First S$8,000 0% S$0
Next S$47,000 4% S$1,880

With an AV of S$9,600, this means that the property tax is S$64.

For non-owner-occupied homes:
These are the tax rates for residential properties that you rent out.

Annual Value Tax rate Property tax
payable
First S$30,000 10% S$3,000
Next S$15,000 12% S$1,800

You can use the IRAS Interactive Property Tax Calculators to find out the property tax you need to pay. Click below for the Calculator:
https://www.iras.gov.sg/taxes/property-tax/other-services/interactive-property-tax-calculators

What is the mode of payment?

The preferred method of payment is GIRO. Other acceptable payment modes include:
(a)PayNow
(b)AXS
(c)Internet banking
(d)SingPost

4. Service and Conservancy Charges (S&CC)

When do you pay?

You’ll have to pay your Service and Conservancy Charges (S&CC) up to the day of resale completion, and you need to settle this before the resale completion appointment. Ensure that you pay for S&CC up to the resale completion date. Bring along the receipt during the Completion appointment.

Any other fees you may need to pay ??

On top of the above-mentioned fees, you may have to incur things like the SSD and agent fees.

5. Seller’s Stamp Duty (SSD)

The Seller’s Stamp Duty (SSD) is payable if you sell your property within three years. So for most HDB owners, they DON’T HAVE to pay this due to the five-year MOP.

So in the special case that you need to sell your HDB flat within three years, you’ll have to pay for the SSD.

You may also have to pay the SSD if you’re transferring the ownership of your HDB flat.

What is the mode of payment?

There are several ways of paying the Seller’s Stamp Duty. This includes:

GIRO
AXS
FAST via DBS/POSB account
eNETS
Internet Banking
SingPost
Cheque/Cashier’s Order

6. Resale levy

You’ll need to pay the resale levy if you’re buying a second subsidised flat or certain Executive Condos (EC).

You can find out if you need to do so when you register your Intent to Sell at the HDB Resale Portal.

7. Property agent commission

If you’re using a property agent to sell your HDB flat, you’ll have to pay the agent commission too. While there’s no fixed rate as to how much you need to pay your agent, the common practice is that as a seller, the rate to pay is 2% of the HDB flat selling price. As a buyer, the rate to pay is 1% of the HDB flat selling price.

Looking for experienced realtor to assist in selling your home and purchase next? Call / PM Val@+6597638887 for a non-obligatory discussion.

What are the fees you need to pay (besides the home loan) before selling your HDB flat? Selling off your HDB flat? Here are the costs and fees you need to pay before completing the resale process. Property Jargon of the Day: Conveyancing Fees