By now, you would probably have gotten a phone call or email asking you to refinance into a SIBOR* home loan for low interest rates. Most home owners don’t comprehend anything beyond that, since listening to a mortgage banker explain terms is no different from a medically-induced coma. In the (ahem) interest of making you…

Property agents face mounting difficulty amidst the evolving Covid-19 outbreak, which has put the brakes on all showflat operations and property viewing for under the Singapore government’s circuit breaker measures. There’s a silver lining: Although real estate agents are essentially self-employed individuals, their agencies are coming to their rescue. Now, PropNex Realty (the largest agency…

2020 might be a brutal year for new estate agents. If you’re a new or inexperienced agent without a strong network of clients, you might be shaking right now. Viewings have been cancelled and your clients are afraid to come out of their homes for the fear of catching the virus.  You’re probably wondering how…

To address the adverse economic impact of the Covid-19 circuit breaker contingency measures, the Singapore government announced the Solidarity Budget on 6 April 2020. Totaling S$5.1 billion, the Solidary Budget is the third in a series of Covid-19 financial support packages, after the Unity and Resilience Budgets. The Solidarity Budget mainly consists of enhancements to…

One of the key things driving everyone’s discomfort for Covid19 is uncertainty. With the rest of the nation starting to see the impact of Covid19 in our home, work and daily life, we cannot help but wonder what it would hold for us in the real estate industry. From a nation as a whole, we…

In line with the Singapore government’s Covid-19 circuit breaker measures that includes the suspension of all non-essential activities at workplace premises, the Building and Construction Authority (BCA) has issued an advisory stating that all construction and renovation work nationwide are to cease for one month, from 7 April 2020 to 4 May 2020 inclusive: “…all…

We are facing trying times. After the recent Circuit Breaker announcement, we know it’ll be a while before things got back to normal. That is why we have put together our Agent Resilience Package to help you through this difficult period. To our agent friends: You have supported us all these years. Now it’s time…

Following the Singapore government’s ‘circuit breaker’ measures to curb the spread of Covid-19, the Urban Redevelopment Authority (URA)’s Controller of Housing has informed all developers with sale licences that all condo showflats must be closed for one month from 7 April (Tuesday) until 4 May (Monday) inclusive.  Previously, condo sales galleries were allowed to continue…

Not to be outdone by the Singapore government, Singapore real estate agency ERA has pledged help its 7,000-plus property agents cope with Covid-19, an outbreak that has evolved into a full-blown recession. One of things ERA will start doing with immediate effect? Deliver meals from Michelin-starred or Bib Gourmand restaurants to property agents’ and their…

6 April 2020 update: The Singapore Government announced the Solidarity Budget, an additional budget to save jobs and protect livelihoods in response to the circuit breaker measures. The original article is below: On 3 April 2020, Prime Minister Lee Hsien Loong and the Multi-ministerial Task Force announced stepped-up measures to further control the escalating community…