Singapore Property Weekly Issue 8 now out!

Dear readers, We’re happy to bring you the eighth issue of our FREE PDF e-magazine, through which we hope to bring interesting and pertinent articles on the Singapore property market to our members. We’ll be adding new sections over time. Let us know what else you’d like to see – we welcome all feedback! In…

New Record Price for a Mass Market Project

By Mr. Propwise Thomson Grand has set a new benchmark for the mass market segment, priced at an average of $1,330 psf. Developed by Hong Kong developer Cheung Kong, it was launched late last week and reportedly sold out all 50 launch units on the first day. This represents around 20% of the 361 units….

Is it a Good Time to Borrow Money Now?

With interest rates in Singapore close to their all-time lows, it may feel like a good time to go out and borrow money. Certainly the buoyant housing market can be at least partially attributed to low mortgage rates which increase the affordability of a property purchase. In this article we’ll take a look at where…

Where will interest rates go in 2011?

An interesting graph by MoneyIQ, a free Singapore home loan comparison site with mortgage broking services, which took the MAS survey results of a group of professional forecasters to see where the 3 Month SIBOR would head in 2011. The median forecast suggests that the 3 Month SIBOR is expected to rise from the current…

Ask Mr. Propwise #2 – Should you take a bank or HDB loan?

Have a question about Singapore property? Ask Mr. Propwise (AMP)! Hi Mr Propwise, Need your expert advice on financing a resale flat, which we are planning to buy at $650,000. At this point where interest rates for bank loans are at rock bottom, does it still make sense to be taking a HDB loan to…