In one of the most unexpected, stunning property transactions to happen during the Covid-19 outbreak, a 40-year-old Ang Mo Kio HDB jumbo flat managed to fetch a price of $1,030,000—becoming the first ever flat in the town to break the million dollar price barrier. Located in Ang Mo Kio Avenue 5, the 1,916 square foot…

If you haven’t already heard, CIMB bank recently caused some of its home loan customers to scream “awww HELL NO” when they raised the mortgage floor rate (more about that below). But that’s just one of the many ways banks can possibly exploit you when you take a home loan, and you might not even…

Just three days after launching an unexpected fire sale, Prominent Land, the developer of a freehold District 10 condominium 38 Jervois, managed to sell all of the project’s 16 remaining units. The promotion for 38 Jervois began on 1 June 2020, with Prominent Land offering a steep 13 to 24% discount of the original list…

Rental yield is often cited as the reason why investors are attracted to property. At viewings and previews, however, what the first-timer usually gets told is the gross rental yield they’d get, which doesn’t factor in all the additional payments buying and renting out a property entails. What really matters to buyers is net rental yield,…

To reduce the risk of spread of Covid-19, the Singapore government released a list of 36 “unused state properties” to be converted into temporary accommodation for about 25,000 foreign workers. The joint statment by the Ministry of National Development (MND) and the Ministry of Manpower (MOM) on 1 June 2020 stated that this measure is…

Divorce in and of itself is one of the most stressful and emotional experiences that a person can experience in life. But there are things that can make it even worse, such as when it comes down to dividing a property, or what’s called a matrimontial home. After all, when it comes to dividing up…

By now, you might have heard that the HDB May 2020 Build-to-Order (BTO) launch has been postponed to be held together with the sales exercise in August, because of Covid-19 restrictions. The Aug 2020 BTO will be largest BTO sales exercise ever, with HDB launching 7,820 units. As the August 2020 BTO launch will include…

Originally, the circuit breaker period—Singapore’s version of a Covid-19 lockdown—was supposed to last only four weeks from 7 April to 4 May. That was until the government decided midway to extend the restrictions by another month until 2 June, ordering non-essential business venues such as new launch condo showflats to remain closed. Initially, a fair…

Due to Covid-19 restrictions, HDB has officially announced that the sales exercise for Build-to-Order (BTO) flats originally slated for May will be held together with the August 2020 exercise. The announcement came in a press release on 29 May, in which HDB also stated that it will be gradually resuming its customer-facing services and operations….

In this series entitled Agent Success Stories, we sit down with agency leaders to find out their side of the story. From their humble beginnings to the challenges they have faced on the road to success, we learn that a career in the real estate industry is one filled with boundless opportunities – if you…