TLDR When it comes to property investments in Singapore, understanding the differences between leasehold and freehold properties is crucial. This article emphasizes the benefits of owning a freehold property over a leasehold one, highlighting the advantages of perpetual ownership, higher resale value, and fewer restrictions on loans and CPF usage. While leasehold properties are not necessarily bad investments, freehold properties are considered better investments …
Why Chinese Investors Should Not Be Deterred by ABSD: 5 Reasons Here are the top 5 reasons why Chinese investors should not be discouraged by the ABSD. 1. Capital appreciation potential: Despite the additional cost of the ABSD, Singapore’s property market is still considered to have strong potential for capital appreciation. The limited supply of land and high demand for properties in Singapore can …
TLDR When trying to sell your home, ensure it is competitively priced based on its unique features and the current market trends. High-quality photos and staging can significantly enhance the appeal of your property to potential buyers. Additionally, maximizing natural light and addressing minor repairs can make your home more attractive. Consider these factors carefully before deciding whether to buy, sell, or wait in …
5 Qualities to Look for in an Agent to Ensure a Smooth Transaction Here are 5 qualities to look for when choosing a real estate agent in Singapore. 1. Knowledge and expertise of the local market: A good real estate agent should have a deep understanding of the Singapore property market, including market trends, pricing, and regulations. They should be able to provide expert …
TLDR When it comes to property valuation, understanding the process is crucial for both buyers and sellers. Property valuations can vary between indicative and actual valuations, impacting loan amounts, taxes, and decision-making. Factors influencing property valuation include land value, property characteristics, rental incomes, and more. Sellers benefit from accurate valuations for pricing their properties correctly, while buyers must consider implications on loan quantum, taxes, …
Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island Here are the top 5 reasons why Chinese love to invest in Sentosa’s property market today. 1. Location: Sentosa is a popular tourist destination, located just a few minutes away from the main island of Singapore. This location provides easy access to the city, as well as a range of …
TLDR When navigating the Singapore property market, it’s crucial to consider various superstitious beliefs that can impact your decisions. From avoiding certain numbers in unit addresses to steering clear of properties near cemeteries or columbariums, superstitions play a significant role in property pricing and buyer behavior. Understanding these superstitions can help you make informed decisions and potentially secure a better deal when buying or …
TLDR When navigating the complexities of purchasing a second property in Singapore, ensure you meet eligibility criteria, consider affordability factors like TDSR and LTV ratios, and understand the impact of intent on property tax rates. Look out for new regulations on living trusts affecting ABSD, changing property tax rates, and guidelines for using CPF for a second property. Make strategic decisions based on whether …
5 Things to Know About the Singapore Property Tax System Here are 5 things you need to know about the Singapore property tax system to make sure you’re compliant and maximizing your savings. 1. Property tax in Singapore is based on the Annual Value (AV) of a property, which is an estimate of the property’s rental income potential. The AV is determined by the …
5 Things to Know About Singapore’s Public Housing System With over 80% of Singaporeans living in public housing, it’s important to understand how it all works. Here are 5 things you need to know about Singapore’s Public Housing System. 1. The Housing and Development Board (HDB) is the government agency responsible for the development and management of public housing in Singapore. HDB flats, as …
TLDR When considering whether to buy a new development or a resale property, it can be challenging. In the blog post mentioned, various aspects of investing in condos in Singapore are discussed, covering topics such as leasehold versus freehold. It provides insights into the real estate market in Bedok, Changi, Pasir Ris, and Tampines in 2023, along with considerations for purchasing a condo despite …
Singapore’s Property Insights : Where to Find 5 Hidden Gems? With its booming economy, vibrant culture and attractive regulations, Singapore has become a sought-after destination for property investors. But with so many options, it can be hard to find the gems that offer the best returns. Here are five hotspots in Singapore where you can find great investment properties: 1. Sentosa Island is a …
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