Even though the common dimensions of HDB flats and condominiums are similar, the price for every sq. foot for condominiums is 3 times larger than for HDB flats. This reflects the quality paid out for private housing.
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Based on the Council for Estate Organizations, to rent property in Singapore, you might want to be a Singapore citizen or everlasting resident. Non-citizens may rent if they hold an work or do the job allow like an S-move, a university student pass, dependent pass or lasting social visit go.
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Amongst the expectations for that shorter-time period period, you can foresee a stabilizing market with potential price changes reflecting current economic conditions.
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Some current trends include increased demand for co-dwelling spaces, increasing popularity of integrated developments, and increasing desire in properties beyond the town center.
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Seller's Stamp Obligation (SSD): A tax levied on sellers who sell Singapore luxury homes their properties within a specific holding period of time.
HDB flats are supposed to be affordable, but with the rising price of housing in Singapore, a variety of these flats have been sold for over 1,000,000 dollars. This price point places them effectively outside of access for the common Singaporean.