Travel Without Worry: The 5 Best Telco Companies For International Roaming In Singapore When it comes to choosing a mobile service provider in Singapore, you have a variety of options to choose from. Each company offers different plans and packages, and it can be challenging to decide which one is the best fit for you. In this video, we will take a closer look …
TLDR When selling your house, be prepared to cover expenses such as outstanding home loans, legal fees, property agent commissions, CPF savings refund, Seller’s Stamp Duty, property tax, and maintenance fees. For HDB flat sellers, additional costs may include resale application admin fees, resale levies, and HDB upgrading costs. Remember to negotiate property agent commission rates and understand the payment options for various fees. …
Unforgettable Vacation: The Ultimate Guide To Singapore’s 5 Best Hotels It’s 五新房产, Singapore is a vibrant and exciting destination, known for its luxury hotels, delicious food and excellent shopping. There are so many great hotels to choose from in Singapore, but here are 5 of the best options for your next stay 1. The Raffles Hotel: This iconic hotel is a national monument in …
TLDR When selling your home in Singapore, ensure you pay off your outstanding home loan, refund any CPF monies used, and cover miscellaneous fees like agent commission and legal fees. For upgrades to Executive Condominiums (EC), consider whether to settle your mortgage upfront or use sale proceeds. Existing property loans are exempt from TDSR, allowing you to obtain a second loan for upgrades. Consider …
Singapore Luxury Property: 5 Reasons to Add it to Your Trophy Collection When it comes to luxury property investments, Singapore is an attractive destination for many investors. From strong market performance and high rental yields, to iconic locations and world-class amenities, there are many reasons to consider adding a Singapore luxury property to your portfolio. In this video, we’ll take a look at the …
TLDR The article delves into the intricacies of property asset progression in Singapore’s real estate market. It highlights the risks involved, such as negative cash sales, widening price gaps, risks of individual mortgages, property downturns, and picking the wrong property for progression. It emphasizes the importance of strategic decision-making, understanding market trends, and being cautious in property investments to mitigate these risks and achieve …
5 Hidden Expenses to Watch Out for When Buying a Home in Singapore Buying a property in Singapore can be an exciting and rewarding experience, but it’s important to understand all of the costs involved. From taxes and fees to maintenance and repairs, there are many hidden costs that buyers need to be aware of. In this video, we’ll take a look at the …
TLDR Decoupling property ownership in Singapore can help you avoid hefty Additional Buyer’s Stamp Duty fees when purchasing a second property. This process involves transferring ownership between co-owners, allowing one to be considered a first-time buyer. Different rules apply to HDB flat owners compared to private property owners. Decoupling can be done through sale or gift transfer methods, each with its own implications and …
TLDR The article discusses the challenges of investing in a second property for retirement amidst Singapore’s real estate market conditions. Rising property prices and limited rental income may make this traditional strategy less viable. Instead, diversifying investments into income-generating assets like bonds or REITs is recommended. Another option is right-sizing, not downsizing, to release cash from your current property for retirement savings. Considering government …
Singapore Living: 5 Must-Know Factors for Choosing the Perfect Neighborhood When it comes to purchasing a property in Singapore, the location of the property can be just as important as the property itself. From proximity to amenities and transportation, to quality of schools and safety and security, there are many things to consider when choosing a neighborhood. Let’s take a look at the top …
5 Reasons Why Timing the Singapore Property Market is a Risk You Shouldn’t Take Entering the Singapore property market can seem like a daunting task, with many factors to consider and a lot of uncertainty. But when is the right time to enter the market? The truth is, there is no perfect time to enter the Singapore property market. Here are 5 reasons why. …
TLDR When considering the “Sell One By Two” property investment strategy, keep in mind that it involves selling your previous home to purchase one larger and one smaller condo. This approach can help you generate rental income and avoid the Additional Buyer’s Stamp Duty. However, it requires careful financial planning, eligibility for separate home loans, and the ability to sustain multiple mortgages. Make sure …
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