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Powering The Lion City: The Top 5 Industries Driving S...
Powering The Lion City: The Top 5 Industries Driving Singapore’s Economy Singapore is widely recognized as one of the most prosperous and dynamic countries in Southeast Asia. The small island nation has a diverse and highly developed economy that is driven by a variety of industries. From financial services to manufacturing, tourism to trade, Singapore’s economy is shaped by a number of key sectors. …
What to Do Before Exercising Option to Purchase?
TLDR Home buyers are advised to thoroughly research property values using online tools, secure an ideal home loan package early on, ensure cash availability for upfront payments, research renovation costs and providers to avoid overspending, and obtain a valuation report from HDB or a property agent. By following these steps, buyers can make informed decisions and navigate the home buying process smoothly to avoid …
Top 5 Tourist Attractions in Singapore
Top 5 Tourist Attractions in Singapore Singapore, a vibrant city-state located in Southeast Asia, is known for its diverse culture, rich history, and modern architecture. This cosmopolitan destination offers a plethora of attractions for tourists to explore and enjoy. From nature reserves to amusement parks, shopping centers to historical sites, Singapore has something for everyone. Here are the top 5 tourist attractions that you …
Discover What Else You Can Focus On Beyond PSF –...
TLDR When considering real estate investments, factors like property size, location, and PSF play crucial roles in determining affordability. Smaller units tend to have higher PSF due to fewer square feet to spread costs over, whereas larger properties offer more economical PSF. However, PSF alone may not accurately reflect affordability. Additional factors to consider include quantum value, development age, size, layout, and location. Ultimately, …
The Truth About Buying An Old Condo: Homeowners Reveal...
The Truth About Buying An Old Condo: Homeowners Reveal Their Top 5 Regrets Some homeowners may find themselves regretting certain aspects of their property purchase, particularly when it comes to buying an old condo. From maintenance and repair costs to limited amenities and limited resale value, there are several potential drawbacks to buying an older property. In this article, we will take a closer …
4 Simple Strategies to Help Future Homeowners Save Mon...
TLDR When it comes to being a new homeowner, it’s essential to prioritize regular maintenance to avoid costly repairs down the road. Keeping an eye on plumbing, electrical systems, walls, ceilings, flooring, and doors can help preserve your home’s value. Additionally, being thrifty with home decor by considering DIY projects, second-hand items, and upcycling can save you money while adding a personal touch to …
Don’t Get Scammed: The Top 5 Red Flags To Watch ...
Don’t Get Scammed: The Top 5 Red Flags To Watch Out For In Singapore’s Property Market When it comes to purchasing property in Singapore, it’s important to be aware of the potential for shady real estate practices. From misrepresentation of property to hidden fees and charges, there are several red flags to look out for when dealing with real estate agents. In this article, …
Step-By-Step Guide To Buy Resale HDB (Updated March 20...
TLDR The process of purchasing a resale HDB flat involves steps such as checking eligibility, calculating affordability, registering intent to buy, searching for a home, deciding on financing options, making an offer, discussing temporary extensions of stay with the seller, requesting flat valuation, exercising the option, completing the resale application, accepting terms and conditions, making payments for resale fees and stamp duty, receiving approval …
Top 5 Must-Try Foods in Singapore
Top 5 Must-Try Foods in Singapore Singapore, a melting pot of cultures and cuisines, offers a diverse and tantalizing array of dishes that are sure to delight any food lover. With influences from Chinese, Malay, Indian, and Western culinary traditions, the city-state boasts a rich and vibrant food scene that is both unique and delicious. From hawker centers to fine dining establishments, there is …
Will Your HDB Flat Provide For Your Retirement?
TLDR Singapore’s property market presents challenges with high prices, particularly in private housing, while public housing remains relatively more affordable. As the retirement age increases, considerations about HDB flats as a retirement asset come into question. Factors such as rental income, CPF savings supplementation through schemes like Lease Buyback, and potential future policy changes by HDB all impact the value of HDB flats for …
Investment 101: The Top 5 Best Long-Term Values In Sin...
Investment 101: The Top 5 Best Long-Term Values In Singapore’s Property Market When it comes to purchasing property in Singapore, it’s important to consider not just the current market conditions, but also the long-term potential of the property. There are several key factors to look out for when evaluating the long-term value of a property in Singapore. 1. Potential for Capital Appreciation: Singapore property …
Quick Guide for Condo Sellers: Timeline to Sell Condo ...
TLDR When selling a condominium in Singapore, understanding the critical steps is key. First, ensure you are not liable for Seller’s Stamp Duty (SSD). Conduct thorough market research to set a competitive price. Focus on home staging rather than costly renovations. Utilize advertising and marketing to attract potential buyers. Prepare for negotiations by knowing the market well. Engage a lawyer for the Option to …
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Can You Still Make Money from Older Freehold Condos in Singapore
TLDR While freehold condos might seem like a solid investment, the rise of new developments and aging buildings cast doubt on their long-term value. Data shows that younger freehold condos...
Methods to Beat ABSD and Own Multiple Properties in 2024 (Updated)
TLDR Navigating the Additional Buyers Stamp Duty (ABSD) in Singapore can be daunting for property investors. To save on ABSD and own multiple properties, consider strategies like joint ownership, decoupling,...
6 Compelling Reasons Why 3-Bedroom Condos Might Shrink Further
TLDR Three-bedroom units in Singapore have significantly downsized from 1,700-1,800 sq. ft. in the 1980s to around 1,000 sq. ft. today. Recent launches show sizes ranging from 893 to 1,302...
6 Indicators and Measures to Determine if Your Home Has Unrecognized Profits
TLDR The booming real estate market presents opportunities for homeowners to profit from selling their properties. Two key signs that your home could be lucrative are increased interest in your...
3 Errors to Steer Clear of When Transitioning from Private Property to an HDB Flat
TLDR Homeowners may downsize from private properties to HDB flats for various reasons, such as financial benefits and lower maintenance costs. Downsizing can be challenging, with common pitfalls including not...
