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Craving Dream Homes in the Urban Jungle: The Singaporean Dilemma Unveiled
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...
Bayshore: Reinventing the Experience of Living by the Beach
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...
Here Are 6 Interesting Facts About The Minimum Occupation Period (MOP) That Not Many People Know About In Singapore
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...
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...
The Lease Buyback Scheme Is A Strategy That Could Help You Retire Comfortably In Your HDB Flat
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...
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Category Archives: Buying Tips
Does Sell 1 Buy 2 Strategy Still Works Today in 2024?
TLDR When considering the “Sell One By Two” property investment strategy, keep in mind that it involves selling your previous home to purchase one larger and one smaller condo. This approach can help you generate rental income and avoid the Additional Buyer’s Stamp Duty. However, it requires careful financial planning, eligibility for separate home loans, and the ability to sustain multiple mortgages. Make sure …
Freehold Properties vs Leasehold Properties: Which is ...
TLDR When it comes to property investments in Singapore, understanding the differences between leasehold and freehold properties is crucial. This article emphasizes the benefits of owning a freehold property over a leasehold one, highlighting the advantages of perpetual ownership, higher resale value, and fewer restrictions on loans and CPF usage. While leasehold properties are not necessarily bad investments, freehold properties are considered better investments …
Why Chinese Investors Should Not Be Deterred by ABSD: ...
Why Chinese Investors Should Not Be Deterred by ABSD: 5 Reasons Here are the top 5 reasons why Chinese investors should not be discouraged by the ABSD. 1. Capital appreciation potential: Despite the additional cost of the ABSD, Singapore’s property market is still considered to have strong potential for capital appreciation. The limited supply of land and high demand for properties in Singapore can …
5 Reasons Why Your House Isn’t Selling – a...
TLDR When trying to sell your home, ensure it is competitively priced based on its unique features and the current market trends. High-quality photos and staging can significantly enhance the appeal of your property to potential buyers. Additionally, maximizing natural light and addressing minor repairs can make your home more attractive. Consider these factors carefully before deciding whether to buy, sell, or wait in …
5 Qualities to Look for in an Agent to Ensure a Smooth...
5 Qualities to Look for in an Agent to Ensure a Smooth Transaction Here are 5 qualities to look for when choosing a real estate agent in Singapore. 1. Knowledge and expertise of the local market: A good real estate agent should have a deep understanding of the Singapore property market, including market trends, pricing, and regulations. They should be able to provide expert …
What Role Does Property Valuation Play In The Real Est...
TLDR When it comes to property valuation, understanding the process is crucial for both buyers and sellers. Property valuations can vary between indicative and actual valuations, impacting loan amounts, taxes, and decision-making. Factors influencing property valuation include land value, property characteristics, rental incomes, and more. Sellers benefit from accurate valuations for pricing their properties correctly, while buyers must consider implications on loan quantum, taxes, …
Sentosa’s Sizzling Property Market: 5 Reasons Ch...
Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island Here are the top 5 reasons why Chinese love to invest in Sentosa’s property market today. 1. Location: Sentosa is a popular tourist destination, located just a few minutes away from the main island of Singapore. This location provides easy access to the city, as well as a range of …
Superstitions in the Real Estate Market : How Does it ...
TLDR When navigating the Singapore property market, it’s crucial to consider various superstitious beliefs that can impact your decisions. From avoiding certain numbers in unit addresses to steering clear of properties near cemeteries or columbariums, superstitions play a significant role in property pricing and buyer behavior. Understanding these superstitions can help you make informed decisions and potentially secure a better deal when buying or …
Buying a Second Property – 3 Key Factors to Cons...
TLDR When navigating the complexities of purchasing a second property in Singapore, ensure you meet eligibility criteria, consider affordability factors like TDSR and LTV ratios, and understand the impact of intent on property tax rates. Look out for new regulations on living trusts affecting ABSD, changing property tax rates, and guidelines for using CPF for a second property. Make strategic decisions based on whether …
5 Must-Know Questions Before Investing in Real Estate
TLDR When considering whether to buy a new development or a resale property, it can be challenging. In the blog post mentioned, various aspects of investing in condos in Singapore are discussed, covering topics such as leasehold versus freehold. It provides insights into the real estate market in Bedok, Changi, Pasir Ris, and Tampines in 2023, along with considerations for purchasing a condo despite …
6 Essential Factors HDB Upgraders Should Be Aware Of B...
TLDR When upgrading your property, consider factors like rental rates, Buyer’s Stamp Duty adjustments, higher interest rates for bank loans, potential pool of buyers for your flat, obtaining home loans (75% max), CPF restrictions, HDB upgrading levy, ABSD implications, condo maintenance fees, and timeline for moving and renovation. Be aware of CPF refund requirements, ABSD charges for second properties, and condo maintenance fee calculations …
The 5 Most Common Mistakes First-Time Buyers Make (And...
The 5 Most Common Mistakes First-Time Buyers Make (And How to Avoid Them) Here are the 5 most common mistakes first-time buyers make and how to avoid them 1. Not doing enough research: It is important for first-time buyers to thoroughly research the real estate market in Singapore before making a purchase. This includes understanding the various property types and locations available, as well …
