Should You Buy Completed or Under Development Properties?

By guest contributor Calvin Yeo (reproduced with permission from his blog www.investinpassiveincome.com) A constantly debated topic in Real Estate has always been whether one should buy completed or under development properties. The answer is: it depends on your need and situation. I for one have done both and I would like to share my experience….

Are You Being Penny Wise, Pound Foolish?

By Lau (guest contributor) (Or in Singapore terms, Cents Wise Dollar Foolish) Recently I had sent a friend home and went up to his apartment for a short 20 minute drink. As Murphy would have told me, anything that can go wrong, will go wrong: Saving the trouble of tearing a 50 cent coupon cost…

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….

Singapore Property News This Week #7

Here’s our summary of the important residential, commercial and industrial news this week. We hope this helps you to save time catching up on the news! RESIDENTIAL Grand Tower at Novena up for sale at $88.8 million 21,742 sq ft Grand Tower located in Novena is up for sale with an asking price of $88.8…

Singapore Property Weekly Issue 7 now out!

Dear readers, We’re happy to bring you the seventh 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…

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…

Ask Mr. Propwise #1 – Soon-to-be married couple asks if they should rent or buy

Have a question about Singapore property? Ask Mr. Propwise (AMP)! Dear Mr. Propwise, My husband and I have booked a 4-room unit under the HDB BTO scheme recently, and the estimated completion date is September 2015. But our wedding is scheduled in June 2011, so we were thinking of buying or renting a 3 room…

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…