Easy Tools for Real Estate Singapore

Singapore property can be mainly categorized to different types mainly Residential Condominium, HDB, executive condominiums, landed property, commercial property and industrial property. 

Housing Development Board or HDB, often known as Singapore public housing is mainly designed for Singapore Citizen looking for own stay. There are different types that include 3 bedrooms, 4 bedrooms, 4 bedrooms and executive flat. All transactions have to go through HDB. First timer applying for HDB can apply via HDB website. Buyers looking for resale HDB often have to looking into open market especially at newspaper classifed or property portal.

Private Residential condominium are developed by private developers, often public listed developers. Property Launches by developers at often from government land sales by URA, where developers have to bid for the land and often the land is awarded to the highest bidder which they often have to complete the development often by 36 months. Resale condominium on the other hand is via open market where buyers have to source via newspaper or property portals and handled via private lawyers. 

Businesses looking to own their own office spaces can source commercial or industrial properties. Industrial properties is governed by URA with a 60-40 rules whereby 60% has to be primary business and 40% as secondary business. New industrial are often release by JTC which is part of government body and also via private developer. New commercial property on the other hand is via private developer.

 

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