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Singapore Property Explained
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…
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….
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…
The following post is excerpted from the newly launched Secrets of Singapore Property Gurus, in an interview with Dennis Ng, Director of Leverage Holdings. Click here to get your copy now. In 2006, when the market was still in an upward trend, I had 80% of my money invested into stocks. However, in 2007, when…
Have a question about Singapore property? Ask Mr. Propwise (AMP)! Hi Mr. Propwise, Can you elaborate on the SOR? I’m about to sign up for an SOR tagged home loan. Is this likely to rise more or less compared to an SIBOR tagged loan? Thanks in advance Mrs. Tan Hi Mrs. Tan, This is going…
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…
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…