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The Academy offers stakeholding services in sale and buy transactions over newly developed personal residential properties, industrial properties and executive condominiums below certain statutory schemes (the " Applicable Properties "). The Academy features as a stakeholder rather than the Purchasers' Solicitors for the final instalment funds.
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Mr. Pua was previously the Chief Govt Officer of DLF Worldwide Holdings Pte. Ltd., the worldwide business arm of DLF Limited, India's largest actual estate firm. He was also Chief Govt Officer of a variety of CapitaLand Group of companies, together with CapitaLand Retail Limited (now referred to as CapitaMalls Asia Limited), CapitaLand Monetary Restricted and CapitaMall Belief Management Restricted. He was a Director on the Board of CapitaRetail China Belief Management Limited and The LINK Management Limited.
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Property tax is imposed on immovable properties and is payable upfront and professional-rated till the tip of the fiscal year. The tax payable in respect of a property is calculated base on it annual worth. The Annual Value is the estimated yearly rent the property can fetch it it had been rented out and is determined by Inland Revenue Authority Singapore (IRAS). With developers launching more new models available in the market, resale costs of private properties slid further in April, in line with the Singapore Residential Price Index (SRPI) published yesterday. When an ABSD of 10 per cent was first imposed on foreigners buying Singapore property in December 2011, the variety of international consumers dipped 73.3 per cent on-quarter in the first quarter of 2012. Freehold Properties AsiaOne