Editor's Pick

DBKL rejects redevelopment of Tadika Diyana land in TTDI

TTDI RA chairman Hafiz Abu Bakar said in a letter by DBKL dated August 29, 2018, which was recently received by the RA, DBKL has declined the application for the redevelopment at Lorong Datuk Sulaiman 1 in TTDI and the rejection notice has been issued on July 23, 2018.

Demand for high-end segment remains resilient in Singapore despite higher ABSD

With the new cooling measures, Singaporeans buying their second property will now have to pay 12% ABSD from the previous 7%. Singapore PRs will now have to pay an ABSD of 15%, from the previous 10%, when they purchase a second residential property, while foreigners buying residential property will have now have to pay 20% ABSD from the previous 15%.