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Four Things to Avoid When Renting Out an HDB Flat

TLDR Renting out an HDB flat in Singapore can be a lucrative source of secondary income. Key considerations include adhering to a minimum rental duration of six months, respecting the Minimum Occupation Period (MOP), and complying with occupancy limits. Potential tenants must meet specific eligibility criteria, including being Singaporean citizens, permanent residents, or non-citizens with valid documentation. Understanding these regulations is crucial for HDB …

All Feb 23, 2024 0 Continue Reading

Experience The Best Of Southeast Asia: 5 Must-See Dest...

Singapore is a great starting point for travelers looking to explore the region. From Singapore, there are many great destinations to choose from, each with its own unique charm and appeal. Whether you’re looking to relax on beautiful beaches, explore vibrant cities, or immerse yourself in local culture, there’s something for everyone. Today, we’ll take a look at the top five destinations to visit …

Top 5 Instagram-Worthy Spots in Singapore

Singapore, a beautiful city-state known for its stunning architecture, lush greenery, and vibrant culture, is a photographer’s paradise. The island nation offers countless Instagram-worthy spots that will leave your followers in awe. From iconic landmarks to hidden gems, there’s no shortage of photogenic locations to explore. In this list, we’ve compiled the top 5 Instagram-worthy spots in Singapore that you simply cannot miss on …

From Garden City to Smart Nation: Singapore’s To...

Singapore is a small island city-state with a population of over 5 million people. Its urban landscape is constantly evolving, and the government has been actively engaged in urban redevelopment efforts to meet the needs of its rapidly growing population. Today’s episode will explore into the key aspects of Singapore’s urban redevelopment and landscape changes, highlighting the government’s role, the goals and objectives, the …

Essential Steps for Safely Purchasing Your First Home ...

TLDR When considering buying your first property in Singapore, start by assessing your budget and qualifying for a permissible loan. Define your needs and investment horizon, research the property market focusing on upcoming developments, and perform due diligence on ownership details. Make an offer based on valuations, negotiate wisely, and understand the closing and legal processes. Inspect the property thoroughly before completion and seek …

Budget 2024: What To Expect For The Singapore Resident...

TLDR In 2025, owner-occupiers of residential properties can benefit from property tax relief based on the Annual Value Band. Retirees facing cash flow issues can opt for a 24-month installment plan with no interest if they meet specific criteria. Single senior Singapore citizens aged 55 and above now have an ABSD refund option to “right-size” their property. Housing developers selling over 90% of units …

Singapore’s Housing Phenomenon: A Success Tale C...

TLDR Singapore’s housing system has been praised for its effectiveness in meeting citizens’ homeownership desires. The public housing program by Singapore’s Housing Development Board is highlighted for its affordability and ownership benefits. Singapore boasts the highest homeownership ratio globally, with public flats priced at 4.7 times the mean annual household income. Despite challenges like limited land resources, the housing system has empowered generations of …

Unseen Dangers of Putting Your Money in Upscale Freeho...

TLDR Luxury freehold properties in Singapore may not always be the lucrative investment opportunities they appear to be. High-end properties are often bought for personal use rather than investment purposes, leading to potential losses when sold. Factors such as limited buyer pool, location constraints, market fluctuations, and evolving buyer preferences contribute to these properties selling below their expected value. Despite challenges, properties with unique …

Could You Still End Up Losing Money When Buying Proper...

TLDR When it comes to property investments, timing is crucial. Buying at the right moment is only half the battle; knowing when to sell is equally important. Policies like the Seller’s Stamp Duty (SSD) can impact your resale plans, as seen in properties bought between 2003-2005 and 2015-2016. Luxury properties tend to suffer more significant losses, influenced by market dynamics and buyer demographics. Despite …

Why Can’t We Buy Low, Sell High?

Madam Tan voiced that approximately two years ago, when her apartment hit its minimum occupation period, she and her spouse deliberated over selling their abode, considering the favorable conditions for sellers. Although their home could have garnered a considerable amount on the resale market, Madam Tan observed that the cost of a new residence would likely offset any profit, unless they opted to downsize. …

5 Reasons To Invest In UK Property In 2024 Instead Of ...

TLDR Investing in UK property in 2024 offers significant advantages over saving due to the potential for long-term value growth, protection against inflation, stable investment opportunities, additional income streams, and high demand exceeding supply. Comparing investment scenarios between now and 2026, acting now could yield an additional £25,000 by 2026. Consulting with a knowledgeable advisor can help you navigate the current real estate market …

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 …

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