introduction On January 12, 2021, the Singapore Exchange Regulation (“SGX RegCo“) announced key changes to the SGX-ST motherboard rules and Catalist rules (collectively, the”Registration rulesThese changes strengthen the requirements regarding the appointment of auditors by certain listed issuers and property valuation matters. The amended listing rules introduce a new requirementRead More →

Reform of the country’s real estate appraisal system, as proposed in the third congressional tax package, would nearly double government revenues in five years, the Asian Development Bank (AfDB) said on Wednesday. In a webinar for local treasurers, AfDB public finance economist Aekapol Chongvilaivan cited a 2019 study showing thatRead More →

The state government has launched the assessment of every state property, both agricultural and non-agricultural, for inclusion in the Dharani Portal, an online platform for accessing all land registers , which will take off on Vijayadasami day. Chief Secretary Somesh Kumar issued orders, researching the details of the base valueRead More →

Support local journalism Your subscription makes our reporting possible. {{featured_button_text}} The appraiser’s office determines the tax value of various properties, including houses, buildings, and land. The assessment then helps determine the amount of property tax owed to support schools, cities, county and other government subdivisions. Umpires heard 1,987 protests inRead More →

Australia’s central bank has warned of deteriorating conditions in commercial property markets, with banks and developers exposed to excessively high property valuations. In its April Financial Stability Review, the Reserve Bank gave a grim forecast detailing that the coming period would see lower volumes, sales and valuations, reflecting the weakRead More →