Singapore – The Singapore government announced a fresh round of property cooling measures on April 26, 2023, to “promote a sustainable property market” amid rising prices and low-interest rates. Higher ABSD Rates for all Buyers The Additional Buyer’s Stamp Duty (ABSD) rate for foreigners buying any residential property was raised from 30% to 60%…
Introduction: For many Singaporeans, investing in real estate has become a popular way to increase their wealth. Owning real estate is regarded as a wise investment plan for long-term financial gain as property values continue to increase. Nonetheless, it is crucial for homeowners and investors in real estate to have a thorough understanding of Singapore’s…
Introduction Are you sick of hearing the age-old debate about whether to rent or purchase a home in Singapore? You’re not by yourself! It’s an issue that’s been discussed endlessly in the Singaporean real estate sector, and navigating the advantages and pitfalls of both options may be difficult. That is why we have compiled this…
Introduction The COVID-19 pandemic unexpectedly impacted the Singaporean property market, with a decline in the non-resident population leading to the assumption that demand for rental homes would decline sharply. However, prolonged construction delays and supply chain disruptions gave rise to an unexpected source of demand. The limited number of new homes also contributed to a…
Are you looking to buy a house in Singapore or refinance an existing mortgage? This guide will give you the information you need to navigate the complicated world of home loans and refinancing. Eligibility to Refinance Check your eligibility before beginning the process of refinancing your mortgage. The majority of house loan packages include lock-in…
Singapore’s real estate market has been growing steadily for years, even in the midst of a pandemic and economic turmoil. What can the Singapore real estate market look forward to in 2023 and beyond? This blog post will look at the state of the market, government regulations that affect the sector, new developments in environmentally…
Introduction The real estate market in Singapore has grown rapidly in recent years, attracting a large number of investors looking to capitalize on the opportunities it offers. Whether you are a seasoned investor or just starting, investing in the Singapore real estate market can be a wise choice. However, as with any investment, it’s imperative…
Singapore’s property market outlook for 2023 is predicted to see a return of foreign buyers and strong upgrading demand from Singaporeans, even with higher home loan interest rates in the country. In this article, we will take a look at the factors that are expected to shape the property market in 2023 and their potential…
Singapore is undoubtedly one of the top contenders when it comes to real estate of the highest calibre. High-end residences in the city-state are renowned for their exclusivity, enviable settings, and first-rate amenities. But it’s interesting to consider how Singapore’s housing costs stack up against those in other significant global cities. In this article, we’ll…
Understanding the effects of rising interest rates and inflation is an important part of staying ahead in Singapore’s highly competitive economy. Interest rates are often seen as a reflection of the health of the economy, and are used to control the money supply and limit inflation. Therefore, any increase in the base rate has significant…