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Redas explains why some cooling measures need to be revised
Redas explains why some cooling measures need to be revised
Wed, Feb 20, 2019 – 5:50 AM
UPDATED Wed, Feb 20, 2019 – 12:01 PM
Singapore
THE Real Estate Developers’ Association of Singapore (Redas) has given reasons why some of the property cooling measures should be revised, and at the same time called for more dialogue between the Government and property stakeholders.
Finance Minister Heng Swee Keat said
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CDL group GM is Redas new president Singapore THE Real Estate Developers' Association of Singapore (Redas) announced its new management committee for the 2019/2020 term, which is to be headed by City Developments Ltd (CDL) group general manager Chia Ngiang Hong as president. He takes over from Augustine Tan, ... The Business Times
New URA rules for bigger unit sizes may reduce affordability for retirees and millennials: Redas Thu, Oct 18, 2018 - 3:06 PM THE new guidelines on average unit sizes and the maximum number of units allowed in new private flat and condo developments could affect affordability for those looking to downsize and retire, and millennials seeking smaller dwelling units and flexible living, the Real Estate Developers' Association of Singapore (Redas) said in a statement Thursday afternoon. The industry association also said that developers currently build based on mar... The Business Times
URA and Redas roll out initiative to seek public input on urban solutions Tue, Nov 14, 2017 - 8:47 PM THE government and the developers' association have joined hands to seek greater public involvement in innovations that will raise the quality of the built environment.
Redas calls for review of property tax policies in Budget 2017
Redas calls for review of property tax policies in Budget 2017
SINGAPORE – The Real Estate Developers’ Association of Singapore (Redas) has called for a review of Singapore’s property tax policies among other suggestions for the upcoming Budget.
Redas is asking the Government to reduce property tax for vacant land, exempt the tax on land slated for or under development and buildings undergoing renovations, give tax concessions for vacant properties and make…
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Call for review of property curbs increasingly insistent
Call for review of property curbs increasingly insistent
Singapore’s second-biggest property developer, City Developments, has been calling on the government to ease the property cooling measures “as soon as possible”, reported the Singapore Business Review.
The company saw its profit fall 16 percent in Q3, on the back of lower contributions from its property development unit. “The Group continues to hold the view that the property cooling measures…
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‘Downward spiral’ of property prices if curbs not re-examined, warns REDAS
‘Downward spiral’ of property prices if curbs not re-examined, warns REDAS
TODAY reports: REDAS president Augustine Tan called for property cooling measures to be re-examined to minimise risks from an uncertain global economic conditions, adding that they would work with Government agencies in the coming weeks to offer their input.
By Lee Yen Nee, TODAY
(more…)
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