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Using CPF Funds to Finance Your HDB Flat or Private Pr...

Discover the extent to which your CPF savings can be utilized for the acquisition of a HDB home in Singapore, as well as the various expenses for which these funds can be utilized. TLDR When considering purchasing property in Singapore, whether as a local or foreign investor, understanding the utilization of CPF funds, loan options, and associated expenses is crucial. Learn about the maximum …

Craving Dream Homes in the Urban Jungle: The Singapore...

TLDR The housing landscape in Singapore reflects evolving aspirations and desires, especially among the younger generation. Owning private property is a significant life goal for many, with economic progress enabling more individuals to consider private housing as their initial purchase. Despite a majority residing in public housing, there has been a gradual shift towards private housing ownership. As property prices rise, meeting housing needs …

Why Home Staging Is Important In A Competitive Real Es...

Singapore’s property scene has always been a powerhouse, effortlessly combining the new with the old. It’s a real estate playground that’s been a magnet for both home-grown and overseas investors. With its sky-high buildings, stunning waterside homes, and leafy green spaces, it’s no wonder. Lately, the housing market in Singapore has been on fire, with demand and prices skyrocketing. In this piece, we’re gonna …

Bayshore: Reinventing the Experience of Living by the ...

TLDR When deciding on buying or selling property in Bayshore, consider the recent developments and potential future growth. With a surge in property prices over the past two decades, especially in condos like Bayshore Park, Costa Del Sol, The Bayshore, and The Summit, the area shows promising investment opportunities. The upcoming Bayshore estate, along with long-term projects like “Long Island,” hint at a facelift …

Here Are 6 Interesting Facts About The Minimum Occupat...

TLDR When it comes to understanding the Minimum Occupation Period (MOP) set by the Housing Development Board (HDB) in Singapore, there are several key points to consider before purchasing your HDB flat or Executive Condominium (EC). These include extensions to the MOP when renting out your flat, rules related to the Proximity Housing Grant (PHG) and Married Child Priority Scheme (MCPS), limitations on renting …

Why It’s Not Financially Sensible to Pay Off You...

TLDR When deciding whether to repay your HDB flat loan early, consider the limitations of not being able to obtain a home equity loan and the decreased cash reserve. Repaying early may limit lifestyle flexibility and yield subpar returns compared to potential investments. However, it can provide peace of mind, a guaranteed return, and potential CPF benefits. Ultimately, weigh your unique situation and goals …

Why En Blocs Often Fail to Succeed

TLDR In this blog post, the focus is on the challenges and complexities of en-bloc transactions in Singapore’s property market. It highlights the emotional and financial aspects involved in such negotiations, emphasizing the need for skilled negotiators and the potential obstacles that may hinder a successful collective sale. The post also touches on the impact of various regulations and personal sentiments on property transactions. …

The Lease Buyback Scheme Is A Strategy That Could Help...

TLDR The Lease Buyback Scheme (LBS) trend among older Singaporeans is slowly gaining momentum, despite initial reluctance. The scheme allows seniors to boost their CPF funds by selling part of their apartment lease without the need to relocate. Challenges such as limited resale options, financial concerns in retirement, changing property market dynamics, and redefining inheritance priorities are key factors influencing the decision-making process. As …

Buying a Mega Development Condo? Here are 5 Overlooked...

TLDR In the world of mega-developments, living in a large condo with over 700 units can bring challenges like ongoing renovations, competition in reselling, crowded facilities, transport issues, and potential collective sale difficulties. While these properties offer plush amenities, lower expenses, and green spaces, it’s crucial to consider how these factors may impact your daily life. Agents face tough competition in marketing units, residents …

Is Lentor Mansion: The 5th New Lentor Condo in 2 Years...

TLDR for “Exciting Updates from Lentor Mansion” Lentor Mansion, a new project in the vibrant Lentor region, is set to be expansive, offering 533 units with a focus on practical living space. Developed under new regulations, it ensures efficient use of space. With unit configurations catering to owner-occupiers, the project promises a good balance between unit count and land area. Located in an evolving …

Why Aren’t Spacious, Wallet-Friendly Homes Our R...

TLDR The article discusses the current housing market in Singapore, focusing on the challenges faced by individuals like Sherlyn Tan and Fatin Zakiah Saiful Imran in purchasing their desired properties. It also touches on the impact of population growth on housing demand and the strategies suggested by experts to manage it. Additionally, it highlights the importance of maintaining an adequate population size for economic …

Here’s How Property Data Can Be Misleading: Navi...

TLDR When comparing property prices, discrepancies can arise due to various factors like timing of purchase, scarcity in niche projects, outliers skewing data, historical data distortions, unique features affecting averages, and size variations influencing price per square foot. Consider transaction dates, volumes, and unit specifics for a comprehensive evaluation. Additionally, beware of marketing tactics that may misrepresent price comparisons. Ultimately, individual circumstances and property …

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