Oct 24, 2010 | HDB flats (public housing), Singapore Property Market
It was reported in the media in early October that a 1,668 square foot HUDC unit at Block 315 in Bishan along Shunfu Road was sold for $1.1 million, or around $659 per square foot. It was also reported that the flat was valued at $900,000, so the buyer paid a Cash...
Oct 14, 2010 | Buying Singapore Property, HDB flats (public housing), Singapore Property Beginner’s Guide
(Image courtesy of Singapore Tourism Board) Most young families in Singapore buy an HDB flat as their first property as it is more affordable versus private housing, and government subsidies are available for their purchase and financing. More than 80% of Singaporeans...
Oct 14, 2010 | Mortgage and Finances, Singapore Property Beginner’s Guide
Choosing a mortgage can be confusing. There are so many options to think about: fixed or floating interest rates, loan term, lock-in periods, subsidies, penalties and other special features. There isn’t one “best” mortgage out there – it all depends on your needs and...
Oct 14, 2010 | Buying Singapore Property, Renting in Singapore, Singapore Property Beginner’s Guide
Home ownership is a big deal for Singaporeans. The most critical part of the 5 Cs in the Singapore Dream is the one that stands for Condo (the other four being Cash, Car, Credit Card and Career). Thus buying a home is often an emotional decision rather than a rational...
Oct 14, 2010 | Singapore Property Market
With the growth of PRs and non-residents far exceeding that of citizens over the last five years, there has been a growing sentiment among Singaporeans that foreigners are crowding out the market and pushing up property prices. From 2004 to 2009, the number of PRs and...
Oct 14, 2010 | Buying Singapore Property, Mortgage and Finances, Singapore Property Beginner’s Guide
Buying a home is the biggest purchase most of us will make in our lives. Yet many people rush to buy a property with less preparation than they would planning a holiday. This can have financially disastrous consequences, especially in light of the measures announced...
