Category: Conveyancing & Real Estate
Private Property Resale Conveyancing: What’s Different From HDB
Conveyancing in Singapore: a series from OTP Law Corporation, Part 4 of 12 Having spent the last two instalments on HDB resale transactions and the Option to Purchase that underpins them, we now turn to private property resale: condominiums, apartments, and landed homes bought and sold between private individuals rather than through HDB. The process…
Understanding the Option to Purchase (OTP): Rights, Risks and Deadlines
Conveyancing in Singapore: a series from OTP Law Corporation, Part 3 of 12 If there is one document in the entire Singapore property transaction process that deserves more attention than it typically receives, it is the Option to Purchase. Buyers and sellers alike tend to treat it as a formality, a receipt confirming that a…
The HDB Resale Process, Step by Step: From OTP to Completion
Conveyancing in Singapore: a series from OTP Law Corporation, Part 2 of 12 The HDB resale flat is, by a wide margin, the most common property transaction in Singapore, and for good reason: it is how most Singaporeans buy their first home. It is also, despite HDB’s efforts to standardise and digitise the process through…
Conveyancing 101: What Actually Happens When You Buy or Sell Property in Singapore
Conveyancing in Singapore: a series from OTP Law Corporation, Part 1 of 12 Most people encounter the word “conveyancing” for the first time when they are already deep in the excitement, or the stress, of buying or selling a home. It sounds technical, and in places it is, but the underlying idea is simple: conveyancing…
Balancing HDB BTO Targets with Public Participation: The Legal Trajectory of Maju Forest
The ongoing public discourse surrounding the state’s proposal to redevelop portions of Maju Forest in Sunset Way for public housing underscores a recurring legal and planning tension in Singapore. On one side lies the pressing public interest in securing an adequate supply of affordable housing. On the other sits a growing societal demand for environmental…
Sixty Percent Additional Buyer’s Stamp Duty on Foreigners Buying Singapore Residential Property
In the third round of cooling measures since December 2021, Singapore announced the steepest rise in stamp duty for foreign buyers just before mid-night on 26 April 2023. Minister for National Development, Mr Desmond Lee said that these are pre-emptive measures to dampen demand for residential properties so that Singaporeans who are buying their property to…
The House You and Your Spouse Are Living In May Not Be Your Matrimonial Home
By Chloe Chua of OTP Law Corporation To most couples, their matrimonial home is simply the place where they reside together. The legal concept is straightforward: a matrimonial home is one where a couple has purchased a property in which they subsequently stay in for an extended period of time during the marriage. However, it…
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The ABCs of Trusts
This article is written by Emelia Kwa, trainee of OTP Law Corporation. Despite being such an important part of our legal affairs, the concepts behind trusts can be rather intimidating to understand. We hope that this guide will be able to kick start your understanding of trusts. Who’s who? The settlor is the person who…
En Bloc Step-by-Step Legal Aspects [updated 2017]
STEP 1: DETERMINE IF YOUR DEVELOPMENT IS ELIGIBLE FOR EN-BLOC SALE BY A MAJORITY If you own a property in the following situations, your unit is eligible for an application to the Board for en-bloc sale by majority agreement (even if there are objections to the sale by a minority group): As there are no…
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Owner successful in claim for leakage repair against upper floor neighbour
OTP Law Corporation acted for a successful owner in her claim against her upper floor neighbour for water leakages.
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Collective Sale of Harbour View Gardens Not Approved by High Court
OTP Law Corporation acted for successful minority owners opposed to a collective sale.
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Practical Tips on Avoiding Disputes with Your Interior Designer: an article by Wan Yew Fai
Mr Wan Yew Fai is the Chief Financial Officer of Mason Works Pte Ltd. More information about his company can be found at https://www.masonworks.com.sg/. Badges of Disaster Many people shudder in fear when they realize they have to take charge of a fit out project. It is not uncommon to hear of unhappiness with one’s…
