TLDR When upgrading your property, consider factors like rental rates, Buyer’s Stamp Duty adjustments, higher interest rates for bank loans, potential pool of buyers for your flat, obtaining home loans (75% max), CPF restrictions, HDB upgrading levy, ABSD implications, condo maintenance fees, and timeline for moving and renovation. Be aware of CPF refund requirements, ABSD charges for second properties, and condo maintenance fee calculations …
The 5 Most Common Mistakes First-Time Buyers Make (And How to Avoid Them) Here are the 5 most common mistakes first-time buyers make and how to avoid them 1. Not doing enough research: It is important for first-time buyers to thoroughly research the real estate market in Singapore before making a purchase. This includes understanding the various property types and locations available, as well …
5 Things to Know About Singapore’s Freehold & Leasehold Properties Here are 5 things you need to know about Singapore’s freehold and leasehold properties. 1. Freehold properties in Singapore refer to properties that are owned outright by the owner, with no expiration date on the ownership. This means that the owner has the right to use and dispose of the property as they see …
TLDR Understanding the complexities of the real estate market and transactions can be overwhelming. Enlisting the help of a real estate agent can provide you with professional knowledge, non-emotional negotiations, access to a wide network, assistance in filtering out undesirables, and protection from shady individuals. Moreover, having an agent manage inquiries and represent you can save you time and ensure a smooth transaction process. …
5 Things to do When You Go For A Property Viewing In Singapore Part 2 Here are 5 more things to keep in mind when you go for a property viewing in Singapore. 1. Consider the location: The location of a property is an important factor to consider when buying or renting. During the viewing, take some time to explore the surrounding area and …
5 Things to do When You Go For A Property Viewing In Singapore Here are 5 things to keep in mind when you go for a property viewing in Singapore. 1. Research the property beforehand: Before attending a property viewing, it can be helpful to gather as much information about the property as possible. This may include looking at listings online, checking out the …
TLDR When considering selling your home, several key indicators can help you determine if it’s the right time to make a move. Factors such as the need for more space, an influx of property ad flyers, increased volume of viewings in your area, many neighbors selling their homes, and the opportunity to capitalize on the current market can all point towards a favorable selling …
The Top 5 Myths About Buying Property in Singapore – Debunked! Here are the top 5 myths about buying property in Singapore – debunked! Myth #1: Property in Singapore is too expensive for the average person. While it’s true that property prices in Singapore can be high, there are still options available for those on a budget. Consider looking in the suburbs or outlying …
TLDR An open house is a valuable opportunity for sellers to showcase their home to potential buyers without pressure. It can generate high foot and online traffic, creating a competitive atmosphere that may lead to a higher sale price. However, it also comes with drawbacks such as attracting unqualified buyers and posing security risks. Proper planning and screening of visitors are crucial to reap …
Top 5 Fine Dining Restaurants in Singapore if You are Visiting Us! Singapore is known for its diverse and delicious food scene, and its fine dining restaurants are no exception. Whether you’re a first-time visitor or a returning foodie, here are the top 5 fine dining restaurants in Singapore you must try. 1. Odette: Located in the National Gallery Singapore, Odette is a fine …
TLDR When considering low lease projects in Singapore, it’s crucial to evaluate your individual needs, financial standing, and future plans. Older buyers should aim for properties with at least 30-40 years left on the lease, while younger buyers face challenges like loan limitations and higher upfront costs. Low lease projects offer less competition and diverse location options, but come with risks like weaker demand, …
Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today Here are the top 5 tips for Chinese buyers looking to invest in Singapore’s property market for the first time. 1. Research the market: It’s important to have a good understanding of the Singapore real estate market before making an investment. Look at factors such as average prices, demand for rentals, …
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