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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...
Is Lentor Mansion: The 5th New Lentor Condo in 2 Years Still Worth Your Attention?
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...
Why Aren’t Spacious, Wallet-Friendly Homes Our Reality Yet?
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....
Why Can’t We Have More Housing Options For Singles?
TLDR The blog post discusses the evolving regulations for single individuals to purchase public housing in Singapore. It highlights the journey of Lee Siang, a logistics expert, who faced restrictions...
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Category Archives: Selling Tips
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 …
Could It Be Wise to Sell Your Property After Just 3 to...
TLDR In this blog post, the writer delves into the Singapore property market, particularly focusing on the effectiveness of quick buy-and-sell strategies. Analyzing data from 2017, it was found that selling within three to four years can lead to an average profit of 15.8%. The post highlights key differences between new-to-resale and resale-to-resale deals, emphasizing the impact of early bird offers and Seller’s Stamp …
3 Property Owners Reveal Their Major Mistakes: The Pit...
TLDR When it comes to navigating the ups and downs of the Singapore property market, timing is crucial. Three real-life stories shed light on the challenges faced by homeowners looking to sell their properties. From dealing with changing regulations like ABSD and TDSR to unforeseen events like the COVID-19 pandemic, each tale underscores the importance of patience and strategic decision-making when it comes to …
Ouch! How Owning a Million-Dollar Home Can Sting with ...
TLDR When considering property investments in Singapore, it’s crucial to monitor home loan interest rates closely. Even a slight increase can significantly impact your finances over time. Keep an eye on your CPF withdrawal limit, as overspending could lead to complications in the future. Rising interest rates may also affect the Total Debt Servicing Ratio (TDSR), potentially requiring a larger down payment and posing …
When will En-Bloc set to Become Reality Beyond 2023?
TLDR The real estate market is experiencing a lull in en-bloc activities due to various factors. Higher Additional Buyer’s Stamp Duty (ABSD) rates, the government’s release of Government Land Sales (GLS) sites, issues associated with en-bloc sites, and the rising interest rate environment are key reasons. Developers face challenges with the 40% ABSD on land prices and uncertainty in the market. GLS sites offer …
7 Essential Steps to Sell Your House in Singapore
TLDR When preparing to sell your house, research the average prices in your area for a realistic figure. Consider factors like capital appreciation, rental yields, nearby sales, and sales volume. Decide on a pricing strategy exceeding the average but know when to reduce. Use uplights to enhance your property’s appeal. Hire a home inspector to uncover hidden flaws. Communicate with your MCST about facilities. …
Discovering the Response of Private Property Owners to...
TLDR The blog post discusses the impact of the 15-month wait-out period cooling measure on private property owners in Singapore. It highlights the rationale behind the measure, its effects on the real estate market, and provides two case studies on possible strategies to navigate the waiting period. Additionally, it explores the potential implications of buying a smaller condo as an alternative to renting during …
Great Reasons for Condo Owners to Sell upon Reaching T...
TLDR A recent sub-sale transaction in Midtown Modern set a new record with a 2-bedroom home selling at $3,150 psf. Selling before TOP can lead to substantial profits, even after paying the Seller Stamp Duty. Avoid paying 25% in the progressive payment plan by selling your Option to Purchase before TOP. Properties like Sky Everton, Treasure at Tampines, and The Florence Residences have seen …
Would It Be More Better To Engage One Property Agent O...
TLDR When planning to sell your property, you have the option to work with one agent exclusively or non-exclusively. Engaging multiple agents can widen your reach to potential buyers, but it may require more time and effort in managing communication and offers. On the other hand, working exclusively with one agent could lead to more dedicated attention to your transaction. Consider your preferences and …
Unlock The Secrets To Successfully Selling Your Home I...
TLDR When preparing to sell your house in Singapore, research the average prices in your area to set a realistic figure. Consider factors like capital appreciation, rental yields, and nearby en-bloc sales. Work out your holding power and have a fixed plan in place for pricing strategies. Enhance your property’s appeal by adding uplights for a luxurious touch. Conduct a thorough home inspection to …
