There are many misconceptions about properties and real estate in Singapore. As a potential buyer, it is important that you know the truth about these common myths. This article will reveal some of the most common property misconceptions in Singapore so that you can make informed decisions when buying a property. The notion that all…
In recent years, condominiums have been some of the most profitable real estate investments in Singapore. Thanks to a combination of strong economic growth, limited land supply, and healthy demand from both local and foreign buyers, prices for condos have steadily risen, making them a sound investment for those looking to make some money in…
Close to 80% of people live in an HDB flat in Singapore. There has been a steady increase in the price of HDB resale flats in the last two years. In 2021 alone we saw the price index reach up to 12.7% YoY recording the highest annual rate of growth in the last 10 years.…
Many people in Singapore aspire to live in a condo. But one thing that scares a lot of them is the price of the condos. While the price of the condo is important, they tend to forget other costs they incur each month. One such cost is the maintenance fees. Most condos’ maintenance costs amount…
The rental market in Singapore has been making the rounds in the news lately (2021 and 2022). This can be attributed to the increased demand for condo rentals and the borders being reopened for expatriates. Despite this increase in demand and rise in prices of HDB rentals, the interests of individuals, couples, and families haven’t…
Want to be a smart property buyer? You’re not alone. Singapore is one of the hottest real estate markets in Asia, but it has its traps as well. The good news is that there are things you can do to avoid some of these pitfalls. Here are five common mistakes first-time buyers make when making…
Many people are unaware that they may be able to deduct certain expenses related to their income property on their taxes. This can be a significant amount of money, so it’s important to be aware of what you can and can’t deduct. You may want to know how much of your current property taxes are…
Introduction The mortgage industry has been one of the most innovative industries in financial services for years, but as time has gone by, there have been innovations that have taken place. Advances in technology and process innovation have led to changes in the way mortgage companies work. The following are just a few examples of…
It’s no secret that buying a home is a huge financial investment. From the initial down payment to closing costs and everything in between, there are a lot of expenses that go into purchasing a property. But what is the ideal down payment amount? Should you be paying more than 20% or 25% down on…
Most of us have grown up in a time and place where the idea of chasing after luxury is an exciting, aspirational one. We’ve seen movies and TV shows that portray what it would be like to live the high life and we’re always quite intrigued by it. Singapore is one of the world’s most…