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A Beginner’s Guide to Homebuying: How to Choose the Perfect Property

TLDR When considering property investments, understanding your motives is crucial. Factors like accessibility to amenities, remaining lease, transaction history, rentability, rental yield, and layout play significant roles in decision-making. Proximity to MRT stations can impact rentability but doesn't always guarantee higher returns. Assessing amenities within...
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Discover the Benefits of a SORA Home Loan in 2023: Why Consider SORA Interest Rates
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Discover the Benefits of a SORA Home Loan in 2023: Why Consider SORA Interest Rates

TLDR The article discusses the transition from SIBOR and SOR to SORA as the new benchmark rate in Singapore's banking system. It explains the significance of SORA, its calculation, and the advantages of opting for a SORA home loan. The TLDR also touches on the...
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Beware of These 7 Deceptive Tricks In Showflat Condo Sales
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Beware of These 7 Deceptive Tricks In Showflat Condo Sales

TLDR When navigating the complexities of the real estate market, it's crucial to be wary of hidden marketing tricks when shopping for a new property. Always scrutinize show flats to ensure accuracy in size representation, be cautious of illusions created to enhance space perception, understand...
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Are You Considering Paying Off Your Mortgage Loan Ahead of Time? Is It the Right Financial Move?
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Are You Considering Paying Off Your Mortgage Loan Ahead of Time? Is It the Right Financial Move?

TLDR When considering mortgage options in Singapore, it's essential to understand the differences between HDB loans and bank loans. HDB loans offer a lower down payment and fixed interest rates, while bank loans provide more flexibility but come with variable interest rates. Deciding between a...
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Checklist for First-Time Homebuyers in Singapore: A Guide to Viewing Condos
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Checklist for First-Time Homebuyers in Singapore: A Guide to Viewing Condos

TLDR The checklist provides essential steps for first-time homebuyers in Singapore to consider when viewing a condo. It includes aspects such as location, surroundings, and the unit itself, covering factors like transportation access, amenities, property condition, and more. The checklist aims to help potential buyers...
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Avoid These 6 Terrible Property “Tips” in Singapore
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Avoid These 6 Terrible Property “Tips” in Singapore

TLDR When it comes to property advice, it's crucial to be cautious of common misconceptions. For instance, schemes like the Progressive Payment Scheme and Deferred Payment Scheme may not necessarily make properties more affordable in the long run. Additionally, proximity to amenities may increase rentability...
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Downsizing From A Spacious 4-Bedroom Condo To A Cozy 2-Bedder: How I Chose A Condo Over A HDB
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Downsizing From A Spacious 4-Bedroom Condo To A Cozy 2-Bedder: How I Chose A Condo Over A HDB

TLDR Mdm Sim's decision to trade her four-bedroom house for a two-bedroom condo is explored, highlighting the benefits of right-sizing. The key motivating factors include financial stability, access to amenities for a vibrant social life, legacy planning considerations, and avoiding lengthy wait-out periods. The move...
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5 Disastrous Property Transaction Nightmares (and How to Avoid Them)!
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5 Disastrous Property Transaction Nightmares (and How to Avoid Them)!

TLDR When attempting to sell your property, various worst-case scenarios can hinder the sale process significantly. These scenarios include buyers backing out due to financial issues, negative sales leading to bank intervention, depleted CPF resulting in negative cash proceeds, buyers attempting to avoid agent commissions,...
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Discover How The CPF Accrued Interest Can Impact Your Property Sale Proceeds
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Discover How The CPF Accrued Interest Can Impact Your Property Sale Proceeds

Singaporeans are renowned for being smart and savvy - especially when it comes to selling their homes, whether it's an HDB flat or condo. For the most part, we prefer to receive the sale proceeds in cash, rather than having it go into our Central...
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When a Property Seller Pulls Out of the Deal : What Now?
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When a Property Seller Pulls Out of the Deal : What Now?

TLDR When a property deal is not yet formalized, sellers can withdraw without consequences. However, once an Option to Purchase (OTP) is issued and exercised, a binding contract is formed. Sellers typically cannot back out at this stage, while buyers may forfeit deposits if they...
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6 Essential Tips for Singaporean New Homebuyers
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6 Essential Tips for Singaporean New Homebuyers

TLDR Best practices for first-time homebuyers, the key points include setting clear and detailed goals, planning a realistic housing budget, keeping a savings buffer, researching property prices, carefully considering bank loan packages, and knowing when to seek advice. These practices aim to guide new buyers...
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Which Is Better For You: A 99-Year Leasehold Or Freehold Property Tenure?
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Which Is Better For You: A 99-Year Leasehold Or Freehold Property Tenure?

TLDR When it comes to the choice between leasehold and freehold properties in Singapore, several factors must be considered. Leasehold properties are typically cheaper, offer higher rental yields, and can be appreciating investments, while freehold properties provide a sense of legacy and stability. The location...
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Exploring the Resale Condo Market? Here’s What to Watch Out For!
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Exploring the Resale Condo Market? Here’s What to Watch Out For!

TLDR The impact of COVID-19 on Singapore's real estate market has been significant, leading to a surge in demand for resale condo units. When considering buying a resale property, focus on the surroundings, amenities, and sheltered walkways for convenience and tenant appeal. Assess the building's...
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3 Trends For New Launch Properties In 2023
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3 Trends For New Launch Properties In 2023

TLDR When considering buying or selling a property in Singapore, it's crucial to understand the market dynamics and key metrics. In 2023, there will be around 40+ new launches for buyers to choose from, each offering different advantages. Newly completed properties come with a one-year...
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Should I Buy In A Newly MOP HDB Or An Older Resale HDB?
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Should I Buy In A Newly MOP HDB Or An Older Resale HDB?

TLDR When deciding between a recently MOP-ed HDB property and an older resale HDB property in Singapore, various factors come into play. Consider your individual circumstances, future plans, renovation preferences, desired amenities, investment goals, and location preferences. Singles and married couples have different rules to...
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Are You Worried About Overpaying On Your Property? Here’s The Secret To Finding Out Its Perfect Purchase Price!
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Are You Worried About Overpaying On Your Property? Here’s The Secret To Finding Out Its Perfect Purchase Price!

TLDR Understanding property valuations and their impact on mortgage loans is crucial in the Singapore real estate market. By considering factors such as current asking prices, recently transacted prices, recent highest transacted price, peak price of the development, and valuation price, you can ensure you're...
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My 6 Factors to Consider When Buying a Property in 2023
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My 6 Factors to Consider When Buying a Property in 2023

As the housing market shows no signs of slowing down, many of us may feel left behind, questioning whether it is time to purchase a home or wait for the market to level out. Recently, some of my clients opened up about their own experience...
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35 Brand New Condominiums Nearing Their ABSD Deadline 2023
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35 Brand New Condominiums Nearing Their ABSD Deadline 2023

TLDR The blog post discusses the looming ABSD deadline for several new launch condos in 2023, highlighting the impact on developers and potential discounts for buyers. Specific projects like Riviere, Royalgreen, One Pearl Bank, and The Landmark are analyzed for their sales progress and remaining...
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Discover 11 Helpful Tips for Buying an Older Condo : A Comprehensive Guide for Buyers
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Discover 11 Helpful Tips for Buying an Older Condo : A Comprehensive Guide for Buyers

TLDR When considering purchasing an older resale condo, ensure you investigate potential en-bloc bids, lift conditions, parking conveniences, playground safety, unit size and design flexibility, leaks, plumbing, gate accessibility, useful facilities, resident makeup, renovation timelines, and more. These factors play a crucial role in making...
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HDB Loan Vs Bank Loan: Pros & Cons
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HDB Loan Vs Bank Loan: Pros & Cons

TLDR When deciding between an HDB loan or a bank loan for purchasing a property in Singapore, consider key factors such as down payment requirements, interest rates, stability of payments, loan-to-value ratios, early repayment penalties, forgiveness in case of late payments, and refinancing options. HDB...
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Reach Your Goal of Owning a Flat Before You Turn 35 : Money-Saving Strategies
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Reach Your Goal of Owning a Flat Before You Turn 35 : Money-Saving Strategies

TLDR Jayson Ang provides valuable insights on money-saving strategies to achieve the goal of owning a flat before turning 35 in Singapore. The post covers essential tips on managing CPF contributions, setting aside a portion of your salary, investing in endowment or blue-chip plans, avoiding...
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Planning for Retirement: Considerations for Downsizing Your Property
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Planning for Retirement: Considerations for Downsizing Your Property

TLDR Downsizing your home for retirement can bring financial security, closer family ties, and new adventures. Consider the benefits of a smaller space, convenient amenities, and personal office setup. Think about future needs, storage solutions, and accommodating visitors. Evaluate furniture choices, financial goals, and long-term...
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Learn How To Negotiate For The Best Price When Purchasing a Resale HDB Flat
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Learn How To Negotiate For The Best Price When Purchasing a Resale HDB Flat

Navigating the complexities of purchasing a resale HDB flat requires honing negotiation skills and market awareness. Understanding property valuations, seller motivations, and setting a realistic budget are key. Thorough research, strategic offers, and maintaining composure during negotiations are crucial. Remember, staying within your financial limits...
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CPF Accrued Interest On Housing: Learn What It Is and How to Calculate It
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CPF Accrued Interest On Housing: Learn What It Is and How to Calculate It

TLDR Understanding the CPF accrued interest on housing loans is crucial for Singaporean homeowners. When using CPF funds to finance a property, repayment includes the principal amount borrowed plus accrued interest at 2.5% annually. Paying off the amount earlier can minimize interest charges. Proceeds from...
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Get Into Core Central Region Before Big Price Adjustments
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Get Into Core Central Region Before Big Price Adjustments

TLDR Jayson Ang discusses the essential factors to consider when seeking a property for investment. By analyzing the safe entry price and price gap, clients can make informed decisions. The case study of Cairnhill 16 highlights its attractive entry point compared to other regions, positioning...
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