Museum of Ice Cream among new tourist attractions opening in Singapore | Video Singapore
07 Apr 2021 11:02PM (Updated:
07 Apr 2021 11:10PM)
New attractions in Singapore are in the works - with two set to open by the end of this year. These include the Museum of Ice Cream, the Slingshot thrill ride and SkyHelix Sentosa. A tender for a new attraction concept at the vacant site between Somerset skate park and Killiney Road will also be launched later this year. Alif Amsyar has more.
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Although it should be noted that commercial property is subject to seven per cent GST.
2. DC rates tend to move in tandem with rising property prices
To give you a sense of this, let’s consider the price movement of properties from around June 2017, to the last round of cooling measures in July 2018:
On average, prices had risen from $1,295 to $1,500 psf within this period.
Within the same period, DC rates spiked to record levels. In September 2017, for example, DC rates rose 13.8 per cent for residential properties on average, with hikes in 116 out of 118 sectors. In some sectors, the rate rose by 29 per cent. At the time, it was the biggest rate hike we’d seen in around 10 years.
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