The HBD lately put into effect in April its new rules for transfer of flat ownership among Singapore HBD flat owners. In the past, flat owners were granted to shift their flat units to their direct family members or to their better halves but that is not the case any longer. They are now duty-bound with the new rulings for transfer of ownership with granted motives which include the medical grounds, financial severity, divorce, marriage, forswearing of citizenship and demise of an owner.

Accordingly, flat transfer was ordinarily utilized in the real estate industry for the owners to the Additional Buyers Stamp Duty (ABSD) as disclosed by property experts. This pattern gone even more routinary after January 2013 when payment for ABSD from the second property was obligatory among Singaporean flat owners. This was rendered to put a hold on the overheated housing market.

The overall outcome bespeaks that there is a decline in the total of units sold from March with 843 units to 745 private homes sold in April. Furthermore, there is about 11.6% fall on a monthly basis and 36.2% downslope on a yearly basis.

Mohamed Ismail, CEO of PropNex Realty, said that sales of executive condominiums (ECs) contributed a lot to the dealing volume and make up the larger part of the total new homes sold-out in April.

Next to The Visionaire is the 305-unit Sturdee Residences with an average price of $1,620 psf and 126 units sold-out in April. Succeeded by Botanique @ Bartley with 52 units sold and The Vales EC and Parc Life EC both with 51 units, respectively. The number one top side selling project in April is The Visionaire with 154 units sold-out in April out of its 632 accomplished units.

Crowd were foregathering at the Sturdee Residences tentage as early as 10:30am, which is a collective marketing of ERA and Huttons. The balloting proceeded for nearly three hours which ended around 2pm with more than 100 units sold by the ending of the calendar week.

Purchasers clumped at the launching of Sturdee Residences that took place over the weekend on Saturday, April 24 at just about 11am. More than one hundred units were sold-out and multiple unit buyers and penthouse purchasers were granted priority followed by single unit buyer aft an hour.

An early bird rebate was offered up by Developer Sustained Land for units with 1 bedroom starting from $680k, 2 bedrooms from $880k, 3 bedrooms from $1.18m and 4 bedrooms from $1.75m. Sturdee Residences boasts units with conveniences fitted out by SMEG. The hot project offered a good mix of units pulling investors to buy corresponding to their needs and orientations.

The rebate will at once outset a household's S&CC payment, including households who yield their S&CC through GIRO. Depending on their flat type, every entitled households will be having the S&CC rebates this 2016.

During Budget 2016, rebates were asserted insuring to provide more sustenance and assistance to Singaporean families. A sum of $86 million rebates cost is carried to go to over 840,000 worthy Singaporean families for their Service and Conservancy Charges (S&CC). While details on the rebate of every Worthy families will be mailed over letter this April, the $86 million total S&CC discounts will be payed out following month and then July and October.

The rebate will at once outset a household's S&CC payment, including households who yield their S&CC through GIRO. Depending on their flat type, every entitled households will be having the S&CC rebates this 2016.

During Budget 2016, rebates were asserted insuring to provide more sustenance and assistance to Singaporean families. A sum of $86 million rebates cost is carried to go to over 840,000 worthy Singaporean families for their Service and Conservancy Charges (S&CC). While details on the rebate of every Worthy families will be mailed over letter this April, the $86 million total S&CC discounts will be payed out following month and then July and October.