Donna Lee-Ito Real Estate

Wishing all clients & partners a celebration filled with love and the year ahead with blessings!

May this Festival of Lights brings joy and prosperity to all my clients, business partners and friends!

Sending warm wishes for a beautiful and memorable Mid-Autumn Festival celebration!

#花好月圆

Happy 58th Birthday Singapore !!! 🇸🇬

Onwards & Upwards!
Here’s wishing everyone a joyous day ahead as we celebrate Singapore’s birthday and continued success.
Majulah Singapura!

Selamat Hari Raya Haji to all my Muslim clients, partners and friends!

New cooling measures effective 27 Apr 2023: Foreigners buying any residential property in Singapore will have to pay an additional buyer’s stamp duty (ABSD) of 60 per cent after it was doubled from 30 per cent.

Singaporeans buying their second residential property will pay an ABSD rate of 20 per cent, up from 17 per cent, while those buying their third and subsequent residential property will have to pay an increased rate of 30 per cent, up from 25 per cent.

The rate of 30 per cent also applies to permanent residents buying their second residential property. PRs buying their third and subsequent residential property will pay an ABSD of 35 per cent, up from 30 per cent.

This is the third round of cooling measures since December 2021.

The increases in ABSD are to "promote a sustainable property market and prioritise housing for owner-occupation", said the Ministry of Finance (M*F), the Ministry of National Development (MND) and the Monetary Authority of Singapore (MAS).

https://www.straitstimes.com/singapore/govt-to-further-raise-absd-rates-s-pore-citizens-buying-2nd-home-to-pay-20-up-from-17

Selamat Hari Raya Aidilfitri, to all my clients, partners, friends! May this special day bring you peace and happiness for you and family!

Super beautiful and rare SOHO Art Deco Penthouse in the heritage and prime location for sale.

Just opposite the Peranakan Musuem and SMU grounds. 5 mins walk to City Hall MRT and Bras Brasah MRT.

No ABSD. Foreigner Eligible.

Keys on Hand for viewing.

https://wa.me/6582929366

“ Here’s to Strong Woman.
May We Know Them.
May We Be Them.
May We Raise them.”

Happy International Women’s Day!

Sold!

🌟Achieved 🦄 Record Price in the entire development✌️
Sold a ground floor unit at a price higher than a high floor unit just sold a month plus ago!

Thankful to my clients whom trusted me in this exclusive listing and so ready to find their next property. ❤️

I’m really glad the new buyers appreciate our beautiful unit and wish them a great life ahead 🌈

In Budget 2023, there were 2 measures announced impacting property purchase.

1. CPF Housing grant for 1st time buyer to increase when buying resale HDB.

2. Increase in Buyer Stamp Duty (BSD) For Residential and Non-Residential (for Residential, the increment is for property $1.5mil and above)

For those looking at buying HDB resale and have been apprehensive due to increasing resale prices, this is a good move to help first-time buyers to cope with the rising cost.

For the 2nd announcement, the impact is relatively small and would not alter or affect their decision to purchase a property.

In short,
For a $2mil property, Stamp duty was $64,600. New stamp duty is $69,900. Difference between $5000.

For a $3mil property, Stamp duty was $104,600. New stamp duty is $119,600. Difference between $15,000.

https://www.channelnewsasia.com/singapore/budget-2023-housing-grant-hdb-resale-flat-bto-ballot-3276491
https://www.channelnewsasia.com/singapore/bsd-buyers-stamp-duty-rate-homes-properties-increase-3277026

If you have further enquiries, feel free to contact me.

Wishing all clients, business partners and those who celebrates a blessed and peaceful Christmas!

How much property tax do you need to pay in 2023?

The Govt will raise the property tax rate she adjust the annual values of residential real estate in 2023.
However a one-off 60% property tax rebate for all owner-occupied properties, up to max of $60.

Happy Deepavali to all our Hindu Clients, Team Mates, Cobroke Agents & Family.

May The Beauty Of Diwali Season Fill Your Home With Happiness, And May The Coming Year Provide You With All That Bring You Joy! 🕯️

📈 𝐇𝐢𝐠𝐡 𝐑𝐞𝐧𝐭𝐚𝐥 𝐘𝐢𝐞𝐥𝐝 is one of the many factors that makes Core Central Region (CCR) properties so attractive as investments, and so is growth potential.

While the value of new non-CCR private properties have gone up in recent months, those within the prime neighbourhoods of Singapore have yet to see the same level of increase. That suggests one thing: future investment opportunities!

Contact me to find out more! 📱

📞 http://wa.me/6582929366

The biggest satisfaction and greatest gratification comes from clients.
Not everyday is a bed of roses as there are different challenges in every case, every client, every cobroke etc.
But this is all worth it with a happy client.

The impacts of the cooling measure effective 30 Sep.

Latest Cooling Measures announcement effective 30 Sep 2022:

📌 Private property loan
- TDSR remains 55%
- LTV remains 75%
- Bank loan stress test calculation from 3.5% to 4%

📌 HDB HLE Loan
- MSR remains 30%
- LTV drop from 85% to 80%
- loan stress test calculations from 2.6% now is 3%
- Loan rates remains at OA+0.1%

📌 HDB Bank Loan
- MSR remains 30%
- LTV remains same 75%

📌 Wait out period of 15 months for private property owners downgrading to HDB

https://www.channelnewsasia.com/singapore/government-imposes-new-property-cooling-measures-maximum-loan-quantum-limits-tightened-loan-value-limit-lowered-2974776?cid=FBcna

Singapore introduces new property cooling measures: Maximum loan quantum limits tightened, loan-to-value limit lowered Under the new rules, private home owners will have to wait 15 months after they sell their property, before they are eligible to buy a Housing Board resale flat.

Wishing all my Clients, Partners, Friends A Happy & Blissful Mid Autumn Festival! 皓月闪烁，星光闪耀，中秋佳节，美满快乐！

🌟 𝗟𝗘𝗡𝗧𝗢𝗥 𝗠𝗢𝗗𝗘𝗥𝗡 🌟
🎉 𝗦𝘂𝗽𝗲𝗿 𝗔𝘁𝘁𝗿𝗮𝗰𝘁𝗶𝘃𝗲 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝗣𝗿𝗲𝘃𝗶𝗲𝘄 𝗟𝗮𝘂𝗻𝗰𝗵 𝗢𝗻𝗹𝘆:

😎1 Bedroom (527sqft) from $1,088,000
😘2 Bedroom + Flex (678/732sqft) from $1,388,000
😍3 Bedroom + Flex (969-1,130sqft) from $1,878,000
🤩4 Bedroom + Flex (1,528sqft) from $2,918,000

𝗦𝗵𝗼𝘄𝗳𝗹𝗮𝘁 𝗣𝗿𝗲𝘃𝗶𝗲𝘄: 2 Sep to 12 Sep 2022
𝗧𝗮𝗿𝗴𝗲𝘁 𝗕𝗼𝗼𝗸𝗶𝗻𝗴 𝗗𝗮𝘁𝗲: 17 Sep 2022

Don’t miss this opportunity to own a unit at this 𝗥𝗮𝗿𝗲 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗠𝗶𝘅𝗲𝗱 𝗨𝘀𝗲 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 by premier developer 𝗚𝘂𝗼𝗰𝗼𝗟𝗮𝗻𝗱 and gain the 𝗙𝗶𝗿𝘀𝘁 𝗠𝗼𝘃𝗲𝗿 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲 in Lentor new township❗️

Hurry, register your interest with me now❗️

Donna Lee-ito
wa.me+65 82929366

Happy 57th Birthday Singapore !!! 🇸🇬 🎂

When we're together, we're stronger than ever. Here’s wishing you everyone a joyous day ahead as we celebrate Singapore’s 57th birthday and continued success. Majulah Singapura!

Case Study

Met this couple about 6 weeks ago and presented to them the property market outlook and the common objections today on global economic situation, war, inflation, all time high rising interest rates, etc.

Today they found their First Home in Singapore. 🇸🇬 🏠

Thankful to my client who seek my help and advice after my presentation!

From strangers to clients to friends! ☺️

❤️
🙏

Thank You Preeminent! ❤️

Case Study

About 3 months ago we chatted about how covid had impacted our lives especially so to my client whom now spent majority of this time working from home. His place which was TOP at the start of covid now became too small to work with.

Fast forward 3 months, I sold his beautiful unit and after a dramatic “bid” for his new place which was undervalued, we managed to clinch it after just doing a virtual video view! (Fast action fast decision wins now!)

So thankful to my client who followed with my advice and sought to this area which has huge potential.

Another asset progression story to maximise his leverage when he’s still young with great earning power!

❤️
🙏

Wishing all Muslim friends , clients and partners Selamat Hari Raya Haji!

Case Study

An asset progression story. Worked through this case by sharing how they can create wealth and plan for retirement.
It’s an arduous journey where tough decisions needed to be made, balancing emotions and achieving the long-term goal. I’m so encouraged by the clients’ commitment to make this happen and thankful for their biggest trust in me.

I met the kids, the mom, the sister, the nephew and the niece! This is one big happy family!

❤️
🙏

Case Study
Sold this beautiful home within 2 weekends of getting exclusive!

A huge part of a seller’s realtor job is to bring out the best in the property. Decluttering is one key factor to help sell the unit fast.

❤️
🙏

Case Study
From viewing the unit to issue OTP, all within a span of 48 hours.
Once the development was shortlisted, this super high floor unit was just listed and we were the first and only viewer! Told my buyer swift action before it’s gone!

As my wonderful cobroke said “Serious Buyer, Motivated Seller”, we were very happy to close this extremely fast.
Thank you Ping, as I said it’s not everyday I meet professional and great colleague. Hope to cobroke again!

Congratulations to my super supportive buyer who trusted my advice and followed through all the way. I’m so happy you made this decision!

❤️
🙏

Tampines The Alps Residences!

Where can you find a beautiful move in renovated unit just barely 3 years old with this price tag?
Pack your bag and move in or just rent it out for good rental yield!

1 Bed + 1 Study + 1Bath
506sqft
$758K!

Owner turned study into walk-in wardrobe cm guest room with Murphy bed.

Pm me before it’s off the shelf!

Wishing all devotees a blessed Vesak Day!