Stricter Requirements for Property Buyers

Stricter Requirements for Property Buyers

The Stamp (Amendment) Bill 2016 was tabled for first reading in parliament on Nov 23 last year. Among other things, it proposes that ad valorem duty must be paid before the sales and purchase agreement (SPA) is signed. Under the current Act, the duty is paid in the...
Stricter Requirements for Property Buyers

Dealing with Inter-Floor Leakage

Strata living is, for the most part, a microcosm of what it means to be part of society: mutual cooperation. Due to the nature of strata ownership, parcel owners do not own anything else besides their allotted unit and must depend on mutual cooperation to maintain the...