The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax …
Industrial rents in Singapore continue to rise in Q4 2022
According to Alan Cheong, Executive Head of Research & Consultancy at Savills, Singapore’s industrial property market saw a decline in leasing volume in the fourth quarter of 2022 due to several …
Are the Ultra-Rich Ready for Singapore After Credit Suisse?
The wealthy might want to diversify beyond UBS to the likes of DBS. But their ability to take more risks with their money is in doubt this year.
Surrogacy Drama Series ‘A Body That Works’ Debuts Trailer: ‘In Israel, Pregnancy is Public Property’ (EXCLUSIVE)
Israeli surrogacy drama series “A Body That Works” has an international trailer, shared with Variety by Keshet International, which handles distribution, in the run-up to the title’s …
NoBroker enters Dubai to tap NRI’s property demand; aims to help buy-sell of Rs 2,000 cr
Proptech unicorn NoBroker on Monday said it has opened an office in Dubai to tap demand from non-resident Indians (NRIs) and is expecting to facilitate transaction of properties worth Rs 2,000 crore …
February 2023 records 43% YoY increase with over 9,000 transactions, reveals Property Finder
DUBAI, UNITED ARAB EMIRATES, 2 February 2023: Recent data found by Property Finder, the leading property portal in the MENA region, revealed key figures on Dubai’s consistently flourishing property …
Sri Lanka to start property tax, transfer, gift, inheritance tax from Jan 2025
Sri Lanka will start a nation-wide property tax and a gift and inheritance tax with minimal exemptions, according to a deal reached with the International Monetary Fund and the government.
Sri Lanka secures $3 billion bailout package from IMF
The International Monetary Fund has approved a much-awaited bailout package worth $3 billion for Sri Lanka, officials of the international body confirmed on Tuesday, announcing aid that was termed …
IMF announces Sri Lanka programme aimed at island’s economic recovery
The objectives of the EFF-supported programme are to restore macroeconomic stability and debt sustainability, safeguarding financial stability, and stepping up structural reforms to unlock Sri Lanka’s …
Why Nepal Suffered Fewer Fatalities Than Turkey In Similar Quakes
In Nepal, a property or house is not registered; instead, the land is registered. In recent decades Nepal placed a new rule to register apartments in high-rise buildings for housing development. The …