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Singapore Property Swapper

Top 5 : Golden Tips to Spot a Good Investment Property

Investing in real estate can be a lucrative venture, but it’s essential to know how to spot a good investment property. With the right knowledge and strategies, you can maximize your profits and build a successful real estate portfolio. We will discuss the top five golden tips to help you identify a good investment property, ensuring that you make informed decisions and achieve your …

Singapore Sights & Sounds: 5 Must-Know Facts From...

Singapore, affectionately known as the Little Red Dot, is a vibrant city-state in Southeast Asia that boasts a unique blend of cultures, traditions, and modernity. This bustling metropolis has much to offer visitors and locals alike, from its diverse culinary scene to its world-class attractions. Here are five must-know facts about Singapore that showcase its distinctiveness and charm. 1. A City of 64 Islands: …

Is Lifelong Renting a Viable Option in Singapore?

TLDR In Singapore, while the majority aspire to own homes, a small segment opts for lifelong renting, driven by personal preference or necessity. Lifelong renters enjoy freedom of mobility, superior investment opportunities, and flexibility in adapting to life changes. Renting allows them to keep their capital liquid and avoid the hassles of home maintenance. However, it requires financial acumen and is feasible mainly for …

Top 5 : Dangerous Ideas Singapore Property Investors H...

Singapore’s property market has long been considered a safe and lucrative investment option for both local and foreign investors. The island nation’s political stability, attractive income tax rates, and absence of natural disasters make it an appealing choice for real estate investments. However, as with any investment, there are risks involved, and some dangerous ideas have emerged among Singapore property investors that could lead …

Top 5 Factors : Location More Important Than Freehold ...

When it comes to purchasing a property, there are numerous factors that potential buyers need to consider. While the debate between freehold and leasehold properties continues, it is essential to recognize that other factors may hold more importance in determining the value and desirability of a property. We will explore the top five factors that make location more important than freehold status when choosing …

Property Unpacked: Is GLS Impacting Property Values?

TLDR The Government Land Sales (GLS) program in Singapore is critical for developers to obtain development land, with sites released biannually. The Urban Redevelopment Authority (URA) manages non-industrial land sales, while the Ministry of Trade and Industry (MTI) oversees industrial sites. GLS sites are categorized into confirmed and reserve lists, with confirmed sites available on specific dates and reserve sites requiring developer interest to …

Top 5 : Why Ultra-Rich Foreigners Will Still Buy Prope...

Singapore, a small island nation in Southeast Asia, has been steadily gaining recognition as a hotspot for the ultra-wealthy to invest in real estate. Despite the recent increase in the Additional Buyer’s Stamp Duty (ABSD) from 30% to 60% for foreign buyers, Singapore’s property market continues to attract the attention of the world’s richest individuals. Here are the top five reasons why ultra-rich foreigners …

I Wouldn’t Rely Too Heavily On Discounts Related...

TLDR The ABSD discount arises when developers approach their five-year deadline to sell 90% of units, facing a 40% penalty on land price for unsold units. Although 44 projects from 2021-2023 were extended, reasons remain vague, raising transparency concerns. Critics argue this favors wealthy buyers who can wait for discounts on high-priced units. Developers rarely offer individual unit discounts, even under ABSD penalties. For …

Top 5 : Places to Find Unique Singaporean Souvenirs

Singapore, a vibrant city-state known for its multicultural heritage and modern marvels, is a treasure trove of unique souvenirs that capture the essence of its rich culture and history. From traditional crafts to contemporary designs, the Lion City offers a plethora of memorable keepsakes that are sure to delight any traveler. Here are the top five places where you can find these distinctive Singaporean …

Top 5 : Regret Buying An Old Condo in Singapore

In the bustling city-state of Singapore, the real estate market is a dynamic and ever-evolving landscape. As of 2023, new property launches have been averaging $2,000 per square foot, pricing out many potential home buyers, including those looking to upgrade from Housing Development Board (HDB) flats. Consequently, older resale condominiums have become an attractive alternative due to their larger floor plates and expansive grounds. …

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What Is The Cost Of Constructing A Landed Property In ...

TLDR Building a landed property in Singapore can be a costly endeavor, with prices ranging from $300 to $500 per square foot for a built-up area. For a 3,000 square foot home, expect to spend around $1.2 million on construction alone, excluding land costs. Factors like the number of levels, basement inclusion, and demolition of existing structures can increase expenses. Additions and Alterations (A&A) …

Top 5 : Advantages of Owning a Luxury Condominium in S...

Singapore, a thriving global city-state, has become an attractive destination for real estate investors. Among the various property types available, luxury condominiums have emerged as a popular choice for long-term investment. These upscale residential properties offer a unique blend of comfort, convenience, and potential for capital appreciation. We will explore the top five advantages of owning a luxury condominium in Singapore for long-term investment. …

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