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When to Strike Gold: The Ultimate Guide to Selling You...

TLDR When deciding the best time to sell your property, consider various factors such as market trends, financial goals, and personal circumstances. Setting specific benchmarks for selling, analyzing market conditions, and reacting to government policies are essential. Understanding the competition, timing your sale strategically, and seeking advice from a licensed property agent can optimize your selling process. Remember, the ideal time to sell depends …

Say Goodbye to “Sell One, Buy Two” Approac...

TLDR Summary: The “Sell One, Buy Two” real estate tactic, popularized in 2016-2017, involves selling a property and buying two others to avoid stamp duties. However, its appeal has waned due to increased property prices and regulatory changes like tighter loan rules. The strategy’s viability is questioned, especially for HDB upgraders, as incomes need to meet higher prerequisites. Rental property investment remains viable, but …

3 Exciting Residential Sites Coming Soon!

TLDR The Lion City is undergoing rejuvenation with upcoming developments in coveted areas like Clementi and sites near MRT stations. These locations may see a mix of private residences and HDB flats. One site near Commonwealth MRT station is likely to feature high-density housing, and another near Redhill MRT station offers convenience and amenities. Clementi MRT’s vicinity is bustling with potential for high-density living, …

How Budget 2024 Impacts Singapore Homeowners: Exciting...

TLDR The 2024 Budget introduces changes to property tax bands, aiming to ensure fair taxation based on Annual Value (AV) of homes. Retirees in high-value properties facing financial strain can benefit from interest-free payment plans. ABSD remissions now extend to singles aged 55+ selling old properties to buy cheaper ones. Developers can enjoy ABSD discounts by selling off projects within five years. Young families …

Can You Make the Leap to a Condo Upgrade in 2024?

As the Chinese New Year festivities wind down, folks are once again on the prowl for new homes, and understandably, some are finding the current market a bit mind-boggling. If it’s been a while since you last dipped your toes in the property waters, today’s prices could leave you gobsmacked – with outlying condos clocking in at over $2 million and even traditionally “safe” …

Surprising Prediction: Will Singapore Property Prices ...

TLDR When considering the current real estate market in Singapore, it’s crucial to understand the impact of factors such as interest rates, Additional Buyer’s Stamp Duty (ABSD), and economic uncertainties on property prices. While high-end properties in prime regions may experience a price reduction due to rising interest rates, the potential decrease in foreign investments could be a more significant concern. As economic conditions …

44 Exciting New Condo Launches in 2024 Starting at $1,...

Alright, let’s talk about 2024. We’re not expecting the same kind of shortages we’ve seen after COVID-19. Some folks are even guessing we might see north of 11,600 new units cropping up from about 38 fresh launches. And keep in mind, these are just the big boys on the block – we might have a few small ones joining the party too. If you’re …

Exciting News: Affordable Housing in Singapore by 2024...

TLDR The real estate market in Singapore is experiencing shifts in housing supply and demand, influenced by factors like mortgage rates and construction trends. Anticipated reductions in mortgage rates may ease financial burdens for potential homeowners, while fluctuations in HDB construction and property launches impact market dynamics. Additionally, the introduction of Plus model housing is expected to drive up resale flat prices in select …

6 Hot Property Market Trends in Singapore 2024: What B...

TLDR When diving into Singapore’s property market, expect a rollercoaster ride as trends shift drastically in 2024. Landlords and tenants are leveraging higher occupancy limits, while a shift towards variable rate home loans is predicted for late 2024. Aging mixed-use properties are regaining interest, especially with major revamp projects underway. The Central Core Region faces challenges, with an influx of units potentially impacting prices. …

Snag a Sentosa Condo for 40% Off? Should You Consider ...

TLDR The Residences at W Singapore Sentosa Cove has slashed prices by over 40%, but there are important details to consider. The property has a 99-year lease since 2006 with slow sales and recorded losses. Maintenance fees are high, starting from $1,200 per month. The floor price may impact future buyers. While the condo offers prestige and lifestyle perks, high maintenance fees can affect …

Pitfalls of Owning a Boutique Condo: 5 Insider Insight...

TLDR When considering boutique condos, be mindful of potential drawbacks such as dominating families influencing rules, lack of privacy due to close quarters, high maintenance fees from exclusive management, vulnerability to en-bloc sales, and feelings of being cramped. These factors can impact your living experience and financial decisions. Understanding these nuances can help you make informed choices when deciding to buy, sell, or wait …

5 Smart Techniques That Resourceful Homebuyers Utilize...

TLDR When it comes to navigating the complex world of home loans and property acquisition, it’s crucial to be aware of the potential risks and drawbacks associated with unconventional methods. Some tactics, such as using cash-out refinancing for indirect property purchases, artificially boosting property valuations, temporarily showing funds to increase assessed income, altering variable income sources, and seeking alternative financial institutions for down payment …

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