Singapore, a thriving hub of business and commerce in Southeast Asia, boasts a highly developed economy and a robust real estate market. For foreign investors looking to invest in property in Singapore, there are a range of options available, including commercial and industrial properties. However, navigating the Singapore property market as a foreign investor can be complex and challenging. In this article, we will …
Singapore’s property market has always been a hot topic among investors and homebuyers alike. With million-dollar HDBs being sold and rising housing prices, many are wondering if investing in property is the way to grow their wealth. As the outlook for Singapore’s real estate market in 2023 appears promising, with private residential prices expected to rise moderately and rental supply index anticipated to increase, …
TLDR When deciding between a compact landed house and a spacious condominium, consider key factors like security, parking, maintenance costs, pest control, customizability, and neighbor situations. Condos generally offer 24/7 security, more predictable maintenance costs, easier pest control, and limited customization options compared to landed properties. Landed homes provide more freedom for modifications but may face higher maintenance costs and neighbor-related challenges. Ultimately, the …
Singapore is known for its stunning skyline and vibrant celebrations, especially during events like National Day and New Year’s Eve. One of the highlights of these festivities is the spectacular fireworks display that lights up the night sky, creating a magical atmosphere for both locals and tourists alike. To fully appreciate this dazzling spectacle, it’s essential to find the perfect spot to watch the …
Investing in a property with a good view in Singapore can be a profitable move for several reasons. Here are the top five factors that contribute to the potential success of such an investment: 1. High Demand: Properties with a good view are highly sought after by both local and foreign buyers, as they offer a unique living experience and a sense of exclusivity. …
TLDR When considering the best time to buy or sell a property in Singapore, historical data analysis reveals key insights. Shorter holding periods, influenced by factors like the Total Debt Servicing Ratio (TDSR), can impact profits significantly. Sellers generally come out on top, but market conditions and regulations play crucial roles. With longer holding periods predicted ahead due to market dynamics, strategic real estate …
Singapore, a melting pot of diverse cultures and flavors, is known for its rich culinary heritage. With influences from Chinese, Indian, Malay, and Peranakan cuisines, the city-state offers a mouthwatering array of dishes that are sure to satisfy even the most discerning palate. If you’re planning a trip to this gastronomic paradise, here are the top 5 Singaporean dishes you must try. 1. Hainanese …
When it comes to increasing the value of your Singapore property investment, strategic renovations can make a significant difference. Here are the top 5 renovation tips to help you boost your property’s value: 1. Focus on Key Areas: Bathrooms and Kitchens Bathrooms and kitchens are often the focal points for potential buyers, and updating these spaces can greatly impact the overall appeal of your …
TLDR Understanding the nuances of the HDB property market in Singapore, especially the trend of million-dollar flats, requires a deep dive into historical data and market dynamics. Various factors, such as Mortgage Servicing Ratio (MSR) adjustments and changes in Cash Over Valuation (COV) rates, have influenced the fluctuations in million-dollar flat transactions over the years. The recent surge in million-dollar flat transactions post-COVID can …
Singapore’s ageing population is having a significant impact on the property market and investment opportunities. The top five effects include: 1. Increased demand for senior-friendly housing: As the number of elderly citizens in Singapore grows, there is a rising demand for senior-friendly homes and public infrastructure. This includes housing with features such as ramps, handrails, and wider doorways to accommodate mobility aids. Developers and …
TLDR The property market in Singapore post-Covid has seen a surge in HDB and private property prices, with a noticeable plateau in resale flat prices. The implementation of Plus and Prime schemes segregates upgraders from non-upgraders, impacting the market dynamics. Amidst speculations of a slowdown in private housing prices, there could be a shift towards more affordable housing options, potentially affecting resale condo demand. …
When investing in Singapore’s property market, it is crucial to be aware of the common pitfalls that can lead to financial loss or missed opportunities. By understanding these mistakes and implementing strategies to avoid them, you can minimize your investment risks and maximize your potential returns. Here are the top five most common investment pitfalls and how to avoid them when investing in Singapore …
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