Introduction When it comes to managing property in Singapore, one legal arrangement that often comes into focus is the creation of trusts. A trust allows an individual (the settlor) to transfer legal ownership of a property to a trustee, who then manages it for the benefit of the beneficiary or beneficiaries. One question that often […]

Introduction The recent case involving a homeowner at Frankel Estate and reported by The Straits Times, highlights the serious repercussions of unauthorized renovation works in Singapore. The court’s decision to order the removal of an unapproved mezzanine floor underscores the importance of adhering to building regulations and the rights of management corporations under strata law. […]

Introduction The rise of e-signatures has transformed property transactions globally, offering speed and convenience in today’s digital era. In Singapore, where efficiency is a priority in business and legal processes, e-signatures have become increasingly popular. How-ever, their use in property transactions must balance the benefits of convenience with strict compliance with legal rules governing conveyancing […]

Introduction Purchasing a property with loved ones can mark a joyful milestone, symbolizing a shared commitment and mutual aspirations. However, as circumstances and relationships evolve, disagreements may arise, potentially straining co-ownership arrangements. In some cases, unresolved tensions or diverging interests may leave co-owners considering difficult decisions—such as selling their share in the property or buying […]

Introduction In real estate transactions, agreements like the Option to Purchase (OTP) are critical in defining the rights and obligations of both buyers and sellers. Such agreements typically outline essential terms, including price, timelines, and conditions for payment, providing a framework for a smooth and transparent transaction. However, disputes can arise when the contract’s language […]

Introduction In real estate transactions, agreements like the Option to Purchase (OTP) are critical in defining the rights and obligations of both buyers and sellers. Such agreements typically outline essential terms, including price, timelines, and conditions for payment, providing a framework for a smooth and transparent transaction. However, disputes can arise when the contract’s language […]

Introduction With regards to land, Singapore utilizes the Torrens land registration system. This system is built upon two main components: the land register, which provides a definitive record of land ownership, and the caveat mechanism, which safeguard interests that cannot be immediately registered. The caveat system serves as a protective measure for interests in land […]

Introduction Introduced in 2021, the Code of Conduct for Leasing of Retail Premises (the “Code of Conduct”) in Singapore represents a significant development in the commercial real estate landscape of the city-state. This initiative aims to create a balanced, fair, and transparent leasing environment for both landlords and tenants of a qualifying lease. By establishing […]

Introduction In Singapore, where housing affordability is a significant concern, the government has implemented various measures to support its citizens in securing suitable accommodation. One such initiative is the Additional Buyer’s Stamp Duty (ABSD) concession tailored for single Singapore Citizen (SC) seniors (“the ABSD Concession”). ABSD The Additional Buyer’s Stamp Duty (ABSD) is a tax […]

Introduction Deputy Prime Minister and Finance Minister Lawrence Wong had announced on 16 February 2024, as part of the Budget statement, some revisions to the property tax payable by homeowners to help with the rising costs of living. Commencing on 1 January 2025, the annual value bands for the computation of property tax will be […]

Introduction Transactions rely on parties having sufficient capacity to deal with the asset in question. This is regardless of whether we are talking about a business, goods, or even real estate. In the case of real estate transactions, there is some guidance available on how to conduct the transaction if the owner has already passed […]

Introduction As the amount of Additional Buyer’ Stamp Duty is increased as part of the cooling measures to control the prices in the property market, we have seen an increase in property purchases utilising trust structures. In this month’s conveyancing article, we explore the implications of property tax and Seller’s Stamp Duty on residential real […]

Introduction In the legal dispute of [2022] SGHC 280, the unit owner (referred to as the “Owner”) had undertaken extensive renovations involving the removal of balcony sliding doors, installation of aluminium frame glass windows, and replacement of an air-conditioner condenser on the external wall of the building (collectively referred to as the “Works”). The Management […]

Introduction As part of the 2-step increase in residential property tax in Singapore announced in the Singapore Budget 2022, residential property tax rates would be increased again commencing 1 January 2024. Property tax is calculated on a progressive scale. We set out below the residential property tax rate for owner occupied properties and non-owner-occupied properties […]

Introduction Complex property disputes often arise from divorce proceedings. In one such case, the Plaintiff and the 2nd Defendant found themselves entangled in a legal battle, fighting over whether a particular property was to be included in the pool of matrimonial assets to be divided. The 1st Defendant, who is the 2nd Defendant’s father, stood […]