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The practice is a tax avoidance arrangement to reduce the rightful ABSD payable on the purchase of a residential property.
Case highlights importance of proper documents and the need for exit strategies.
There is an average of 350 cases a year, where one spouse is listed as an owner and the other an essential occupier with no legal rights to the flat.
Not all joint owners are equal in law because the ones who pay for the properties, such as the parents, are deemed the real owners.
Maia (Mogul’s Artificial Intelligence Agent), as the AI bot is called, is the first of its kind in Singapore; app built with the buyer in mind to help him or her save time and cost.
This update looks at some of the key legal highlights over the past 3 months, across various practice areas including deals, intellectual property and property law.
The Ministry of Finance has announced that $2.1 billion raised through government-issued green bonds will be allocated to the ongoing construction of the Jurong Region Line and Cross Island Line.
In a significant update to its Transcend 2027 strategy, Sunway Real Estate Investment Trust (Sun-REIT) is refocusing its portfolio towards retail, where it has historically thrived.
This article encapsulates and evaluates the 2023 decisions of the Singapore courts on land law. It is authored by Professor Teo Keang Sood.