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By Property Soul (guest contributor) The Monetary Authority of Singapore (MAS) introduced the Total Debt Servicing Ratio (TDSR) framework for all property loans granted by financial institutions (FIs), with effect from 29 June 2013. In for the kill Computations of the TDSR affects properties that are residential or non-residential, owned individuals or companies, new applications…
Residential NUS SPRI: Prices of completed condos slipped 0.3% in December In December, the NUS’s Singapore Residential Price Index (SRPI) series reflected a 1.3% fall in prices in the Central Region sub-index (excluding small units) in December, a 0.5% increase in the Non-Central Region, and no change in prices of small units (up to 506…
By Mr. Propwise As I had discussed previously, skyrocketing residential and industrial property prices dramatically increased the risk of additional government measures to prevent a destabilizing property bubble from forming. And this time, no punches were pulled. On 11 January 2013 the Ministry of Finance, Ministry of National Development, Monetary Authority of Singapore and Ministry…
Residential The Topiary at Seletar Hills to open for e-application 700-unit The Topiary, an EC development along Fernvale Lane, at Seletar Hills has been opened for e-application. The development with a mix of two-bedroom, three-bedroom, dual-key, and single-storey penthouses is expected to fetch from $700-$720 psf. There are mainly three- and four- bedroom units, with…
By guest contributor Gerald Tay Some “property experts” claim that anyone, including ordinary investors, can own properties easily either with “No Money Down” or “Little Money Down”, and make people pay ridiculous amounts of fees in property seminars just to learn from them. In this article, I am going to share some of these strategies…
By Mr. Propwise The MAS announcement on October 5, 2012 of the new restrictions on mortgages has been well covered by the media. In this article I will focus more on my thoughts on the impact of these measures on the market, and also present some concrete illustrations of how these measures will impact different…
Residential Redas holds meetings with industry players regarding cooling measures A series of meetings has been held by the Real Estate Developers’ Association of Singapore (Redas) with industry players such as developers, property consultants, brokerage analysts and lawyers to discuss the impact of the recently implemented cooling measures. They discussed the intended objectives of the…
By Harn Ho (guest contributor) For the many of us living in shoe-box flats in Singapore, the idea of owning a spacious overseas property at a fraction of what it would cost here often proves too tempting to ignore. If you’re seriously thinking of buying your first overseas property, read on for some tips before…
It’s all over the media – the government has just announced another round of cooling measures for the property market. Summary of the new measures Here’s a summary of the measures: 1) The holding period for Seller’s Stamp Duty (SSD) to be imposed has been increased from the current three years to four years. 2)…
This the fourth and final post in our series to help the absolute beginner understand the Singapore property market. Our first post was about the different public and private housing types, the second was about districts and planning areas in Singapore, and the third looked at the major players in the property market and how…