TLDR Understanding the nuances of the HDB property market in Singapore, especially the trend of million-dollar flats, requires a deep dive into historical data and market dynamics. Various factors, such as Mortgage Servicing Ratio (MSR) adjustments and changes in Cash Over Valuation (COV) rates, have influenced the fluctuations in million-dollar flat transactions over the years. The recent surge in million-dollar flat transactions post-COVID can …
Singapore’s ageing population is having a significant impact on the property market and investment opportunities. The top five effects include: 1. Increased demand for senior-friendly housing: As the number of elderly citizens in Singapore grows, there is a rising demand for senior-friendly homes and public infrastructure. This includes housing with features such as ramps, handrails, and wider doorways to accommodate mobility aids. Developers and …
TLDR The property market in Singapore post-Covid has seen a surge in HDB and private property prices, with a noticeable plateau in resale flat prices. The implementation of Plus and Prime schemes segregates upgraders from non-upgraders, impacting the market dynamics. Amidst speculations of a slowdown in private housing prices, there could be a shift towards more affordable housing options, potentially affecting resale condo demand. …
When investing in Singapore’s property market, it is crucial to be aware of the common pitfalls that can lead to financial loss or missed opportunities. By understanding these mistakes and implementing strategies to avoid them, you can minimize your investment risks and maximize your potential returns. Here are the top five most common investment pitfalls and how to avoid them when investing in Singapore …
Singapore, a cosmopolitan city-state known for its vibrant culture and diverse shopping scene, offers a unique blend of modern malls and charming boutique streets. For those looking to indulge in a more personalized shopping experience, the city’s boutique shopping streets provide an excellent opportunity to discover local designers, exclusive brands, and eclectic stores. Here are the top 5 boutique shopping streets in Singapore that …
TLDR The article covers the shift to SORA for home loan rates, urging consideration of refinancing options amidst rising rates. It highlights the impact of elevated rates and floor rates, potential penalties for property sales post-refinancing, and the influence of rising fixed deposit rates on loan costs. The timeline of loan acquisition is emphasized, suggesting staying put if acquired during low-rate periods. Extending the …
When investing in Singapore property, it is essential to be aware of the various tax implications and considerations. Here are the top five tax considerations to keep in mind: 1. Capital Gains Tax: Singapore does not impose capital gains tax on the disposal of real properties. However, gains from the sale of real properties may be considered taxable if the primary purpose of buying …
Singapore’s property market offers a plethora of investment opportunities for both local and foreign investors. To spot a good investment opportunity in this vibrant market, consider the following 5 tips: 1. Location and Infrastructure: The value of a property is significantly influenced by its proximity to major expressways, MRT stations, business hubs, recreational areas, and renowned educational institutions. Properties located near these amenities often …
TLDR In property investment, common mistakes include lack of research, overleveraging, and neglecting due diligence. To succeed, conduct thorough market analysis, balance leveraging, and prioritize due diligence to mitigate risks. Lessons learned emphasize the importance of market analysis, risk management, and solid investment planning. Strategies for success involve leveraging technology for data insights, seeking professional advice for specialized knowledge, and committing to continuous learning …
Singapore, a melting pot of diverse cultures and culinary delights, offers an exquisite high tea experience that caters to both traditional and modern tastes. The city-state is home to a plethora of tea rooms, each with its unique charm and character. From elegant colonial-style establishments to contemporary, chic cafes, there’s something for everyone. Here, we present the top 5 tea rooms in Singapore for …
Singapore’s prime district properties continue to be in high demand due to a combination of factors that make them attractive to both local and international investors. Here are five 5 reasons why these properties remain sought after: 1. Positive Market Sentiment: Despite the recent dip in Singapore property prices, the overall market sentiment remains positive. This is largely due to the country’s strong economic …
TLDR The real estate market in Singapore is experiencing a trend of lackluster bids for prime properties in various locations. Recent bids for land parcels near Springleaf MRT station and on Zion Road have fallen below predicted price ranges. Factors contributing to this trend include cooling measures, rising construction costs, financing challenges, and global uncertainties. Developers’ reluctance to participate in high-profile locations like River …
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