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Pitfalls of Owning a Boutique Condo: 5 Insider Insights You’ll Wish You Knew Earlier
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...
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...
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Category Archives: Buying Tips
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 …
5 Things to Know About Singapore’s Freehold ...
5 Things to Know About Singapore’s Freehold & Leasehold Properties Here are 5 things you need to know about Singapore’s freehold and leasehold properties. 1. Freehold properties in Singapore refer to properties that are owned outright by the owner, with no expiration date on the ownership. This means that the owner has the right to use and dispose of the property as they see …
5 Things to do When You Go For A Property Viewing In S...
5 Things to do When You Go For A Property Viewing In Singapore Part 2 Here are 5 more things to keep in mind when you go for a property viewing in Singapore. 1. Consider the location: The location of a property is an important factor to consider when buying or renting. During the viewing, take some time to explore the surrounding area and …
5 Things to do When You Go For A Property Viewing In S...
5 Things to do When You Go For A Property Viewing In Singapore Here are 5 things to keep in mind when you go for a property viewing in Singapore. 1. Research the property beforehand: Before attending a property viewing, it can be helpful to gather as much information about the property as possible. This may include looking at listings online, checking out the …
Explore the Benefits and Drawbacks of Holding an Open ...
TLDR An open house is a valuable opportunity for sellers to showcase their home to potential buyers without pressure. It can generate high foot and online traffic, creating a competitive atmosphere that may lead to a higher sale price. However, it also comes with drawbacks such as attracting unqualified buyers and posing security risks. Proper planning and screening of visitors are crucial to reap …
What’s The Difference Between An Offer To Purcha...
TLDR Understanding the crucial difference between an Offer to Purchase and an Option to Purchase (OTP) is vital when buying a property. An Offer to Purchase is a non-legally binding document where a potential buyer expresses interest in acquiring a property. It includes essential details like the property address, offered price, and option period. On the other hand, an OTP is a legally binding …
Learn the Essentials of Renting Property in Singapore ...
TLDR Renting in Singapore offers various options for foreigners, such as HDBs, Condos, and even unique properties like heritage homes. Foreigners must provide valid documents and follow a typical rental process involving a Letter of Intent, security deposit, and tenant’s requirements. Understanding diplomatic clauses and the 30-day problem-free period is crucial. Overall, Singapore’s well-established Real Estate sector provides a safe and structured environment for …
5 Facilities Selling Points Condo Sellers Should Empha...
TLDR When selling a condo, focusing on highlighting key facilities like gyms, swimming pools, family-friendly amenities, community gardens, and clubhouse facilities can significantly attract potential buyers. These features add value to the property and cater to different buyer preferences, such as fitness enthusiasts, families with children, and those seeking community engagement. By emphasizing these facilities in property listings, sellers can differentiate their condos and …
A Beginner’s Guide to Homebuying: How to Choose ...
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 a kilometer radius is essential, considering both benefits and drawbacks. Beware of lease decay in older properties and review …
Discover the Benefits of a SORA Home Loan in 2023: Why...
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 differences between 1M SORA and 3M SORA packages, the benefits of a floating rate home loan, and the reasons …
Beware of These 7 Deceptive Tricks In Showflat Condo S...
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 the distinction between mixed-use and integrated developments, and avoid falling for “VIP” launch gimmicks. Additionally, compare projects diligently, verify …
Are You Considering Paying Off Your Mortgage Loan Ahea...
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 fixed monthly payment or variable mortgage depends on your preference for consistency or market fluctuations. Paying off your mortgage …
