The day has come to make use of all those hard-earned dollars you've been saving and get a place of your own. For most of us, buying a property is a big undertaking, as homeownership comes with a hefty price tag and a long-term financial commitment. It's time to make some tough decisions. Do you want to put all that money in a resale flat? Or perhaps get a new launch condo instead? There are...
On Dec 15th, 2021 The Singapore Government announced a package of measures to cool the private residential and HDB resale markets. With effect from 16 December 2021, Additional Buyer’s Stamp Duty (ABSD) rates will be raised, and the Total Debt Servicing Ratio (TDSR) threshold will be tightened. The Government has also tightened the LTV limit for loans from HDB from 90% to 85% Update:...
A good property agent more than deserves his/her commission, but many buyers and sellers are often unsure about how much to pay. And it’s the same with landlords and tenants. There are many factors that determine property agent commission in Singapore; even seasoned sellers, buyers and renters do get confused about industry standards. So here’s our guide to help you be absolutely sure about the...
There are 3 main categories you need to get familiar with: Public: consists of government-subsidized homes known as HDB Public-Private Hybrid: Executive Condos Private: Private (Landed) - More about this below Private (Non-Landed) - Apartments & Condominiums In this article, we will focus mainly on Private (Landed / Non-Landed) and the subcategories in each...
There are many ways to slice the cake; here are the three most commonly accepted methods used in Singapore. By Regions: North-East, North, Central, West, and East Region By market segments: Core Central Region (CCR) Rest of Central Region (RCR) Outside Central Region (OCR) By the 28 Postal Districts Singapore by Regions Singapore by Regions (Source: iProperty) Singapore by...
