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When it comes to investing in condos in Singapore, one crucial factor to consider is the government’s property cooling measures. Over the years, the Singaporean government has implemented various measures to discourage speculative buying and maintain a steady real estate market. These measures involve the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign buyers and those purchasing multiple properties. Although these measures may affect the short-term profitability of condo investments, they also contribute to the long-term stability of the market, creating a safer environment for investors.
As we approach 2025, Singapore’s built environment is on the cusp of major changes. The facilities management (FM) sector is facing increasing pressure to adapt to new regulations, cost constraints, and technological advancements. Three key factors will shape the future of FM and promote sustainability: the mandatory energy improvement regime, the impact of rising temperatures …