Aellan Choo Real Estate Services

Blog Articles

klimt cairnhill

Klimt Cairnhill

Elevate your living at Klimt Cairnhill, soaring 36 stories above Singapore’s prestigious District 9. Discover unparalleled luxury in the heart of Orchard’s skyline. From lavish

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renting house singapore

Tenant’s Guide to Renting Your First Home in Singapore

Choosing the perfect rental property in Singapore marks the commencement of an exciting journey. Understanding your requirements is pivotal. Consider the location carefully, as it sets the tone for your daily life. Whether it’s the bustling cityscape of Orchard Road or the serene neighborhoods of Bukit Timah, each locale brings its unique charm and convenience. Renting your first home in Singapore is a transformative experience.
Each step, from initial research to settling into your new abode, shapes your unique journey in this thriving city-state.

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Letter of Intent (Understanding LOI in Singapore Real Estate)

The Letter of Intent (LOI) is a crucial element in Singapore’s real estate market, serving as a preliminary agreement between tenants and landlords. In a nutshell, the LOI is a friendly, non-binding document that allows tenants to express their interest in leasing a property and kickstarts the negotiation process.

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absd 2023

Singapore Doubles ABSD Rate to 60% for Foreign Property Buyers

In a bold move to regulate the real estate market, Singapore has recently announced a significant increase in the Additional Buyer’s Stamp Duty (ABSD) rate for foreign property buyers. Effective immediately, the ABSD rate has been doubled from 30% to a staggering 60%. This decision aims to ensure a stable and sustainable property market, while prioritizing the housing needs of Singaporean citizens. With this new measure in place, the government seeks to strike a balance between attracting foreign investment and safeguarding the interests of local residents. Foreign property buyers will now need to carefully evaluate their options, while Singapore continues to solidify its position as a thriving and resilient real estate market.

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