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Editorial

Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Greening of buildings in Singapore

By Sandra Seah and Tony Quek

Developers and Owners Environmental sustainability is now a key criteria in the assessment of a building’s credentials. Due to the ongoing efforts of governmental agencies such as Building & Construction Authority (BCA) and National Environment Agency (NEA), more energy efficient and innovative buildings are being constructed in Singapore. 

Singapore Government Imposes Additional Buyer’s Stamp Duty for Residential Properties

January 2012 - Real Estate & Property. Legal Developments by Selvam LLC.

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On 7 December 2011, the Inland Revenue Authority of Singapore (“IRAS”) issued an e-Tax guide entitled “Stamp Duty: Additional Buyer’s Stamp Duty (ABSD) on Purchase of Residential Properties” (“IRAS Circular”)1 to provide guidance on the application of the new additional buyer's stamp duty (“ABSD”) on certain categories of residential property purchases, following the Singapore government’s recent announcement on the imposition of the ABSD requirement to moderate investment demand for private residential property and promote a more stable and sustainable market.

SPECIFIC PERFORMANCE NOT AUTOMATIC FOR CONTRACTS FOR LAND

October 2011 - Real Estate & Property. Legal Developments by Drew & Napier LLC .

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E C Investment Holding Pte Ltd v Ridout Residence Pte Ltd and others and another appeal [2011] SGCA 50

The Singapore Court of Appeal has, for the first time, held that specific performance will not automatically be granted for contracts relating to immovable property.

“Overreaching” – A Creature of General Law

November 2010 - Real Estate & Property. Legal Developments by Drew & Napier LLC .

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The Singapore High Court has held that a mortgagee’s power to effect the sale and conveyance of a mortgaged property free from all subsequent encumbrances – the concept of “overreaching” – applies in general law, independent of any statute. In such situations, a subsequent mortgagee’s interest in the mortgaged property is extinguished and he can only look to the surplus sale proceeds to satisfy his interest.

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

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