Financing

To apply for a housing loan in Singapore, you must understand TDSR. In this article, you will find the TDSR meaning, calculation and implications for your housing loan application. What is TDSR? A borrower’s entire monthly income dedicated for loan repayment cannot exceed 55% of their whole income. This includes the housing loan itself, a car loan, credit card debts, personal loan, etc. In 2013, the...

It’s often said that location is the most important factor when buying a new home. While that is almost always the gospel truth, price is undeniably the next-most crucial point of consideration for any aspiring homeowner.  Amidst the current market where prices for private properties are on the uptrend, it’s more important than ever to carefully evaluate what you’re able to afford....

For almost anyone doing it for the first time, buying a home in Singapore can be a confusing process. Throw in a bunch of acronyms, like ABSD (Additional Buyer’s Stamp Duty) and MOP (Minimum Occupation Period), and things can get baffling real quick. However, if you intend to take out a loan on a new home purchase, two terms that you’ll absolutely need to know are TDSR and MSR. In their full...

Investing in Singapore Real Estate offers promising rental yield opportunities, attracting local and international investors. With its robust economy and strategic location, Singapore has long been a hotspot for property investments. This article explores three neighborhoods that stand out for potential rental returns, especially amid fluctuating Singapore housing prices and rising property demand. 1....

When it comes to buying a home, securing the best mortgage rates is crucial. A lower rate can save you thousands over the life of the loan. However, with fluctuating rates and the complexity of the property market, knowing where to begin is challenging. In this article, I will explain how to secure the most favorable rates and what factors you should consider when planning for a home...

Ready to use your CPF for property purchases but unsure about eligibility and rules? Don’t let confusion hold you back. Learn more and get the guidance you need today. The Central Provident Fund (CPF) is a significant financial tool for many Singaporeans when purchasing property. CPF is a comprehensive social security savings plan that secures Singapore’s future. Employers and employees fund it through...

Discover the pros and cons of including property in your retirement plan. Make an informed decision about your future today. Securing a comfortable retirement becomes increasingly important as we approach our golden years. Investing in property is a popular strategy among Singaporeans. The Singapore property market offers steady returns and a tangible asset to pass down to future generations. However, like...

Discover the role of Big Data in Singapore Property Investment today! Uncover how data-driven insights can transform your investment strategies and yield higher returns. Don't wait, learn more now and make smarter investment decisions. As we advance in the digital age, big data increasingly influences various sectors. Property investment is one area where big data significantly impacts...

Discover more about the impact of rising interest rates on the Singapore property market. Understand how these changes could affect your investments and what steps you can take to mitigate potential risks. As we navigate 2024, the Singapore property market remains a hot topic. The city-state's real estate sector is crucial to its economy, and any market changes are closely watched by investors,...

The Singapore property market is filled with myths and misconceptions. Believing that older properties are a bad investment or that the market always rises can lead to poor decisions. In this article, we'll debunk common myths and help you understand the property market better. Myth 1: Older Properties Are a Bad Investment A common myth suggests that older properties are poor investments due to...