Property Buying Tip #5: Cash Component

There is no minimum CPF amount required to be used when buying property in Singapore. In other words, you can use all CASH to buy property if you want to. There is, however, a minimum Cash component when buying property: If you have no outstanding home loan, you can take up to an 80% loan…

Singapore Property Weekly Issue 90 now out

In this week’s issue: Where Will Property Prices Go From Here? Property Buying Tip #4: CPF Component Singapore Property News This Week Resale Property Transactions (January 23 – January 29) Happy reading! To wisdom and beyond, Singapore Property Weekly Issue 90 by Propwise.sg

Singapore Property News This Week #79

Residential 6,463 BTO flats launched in 7 HDB projects, with at least another 20,000 next year The 6,463 new BTO flats launched brought the total number of BTO flats launched in 2012 to a record-breaking 27,084 units. Including the 7,153 balance flats launched earlier in the Sale of Balance Flats (SBF) Exercises, a total of…

Are Shoebox Residential Units Profitable Investments?

By Mr. Propwise Shoebox apartments (aka “mickey mouse” apartments) have become increasingly popular in recent years, with caveats lodged rising from fewer than 30 in 2004 to more than 1,900 units in 2010. They are becoming a more prominent feature in our private housing landscape – they made up just 6% of new private home…

Impact of the property measures on the housing market

Originally published in Today, this article is posted here with the kind permission of the author Ku Swee Yong (guest contributor), founder of real estate agency International Property Advisor, which provides services to high net worth individuals. UPDATE: On 13 Jan 2011 the government announced a fourth round of policy measures. Read the summary and…

The Pros and Cons of Buying versus Renting

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 one, sometimes with financially distressing…