A study from NUS shows that children from the bottom 60 per cent of households (by income) have an easier time upgrading; but the same isn’t true for the middle-class: Children in the bottom 60 per cent tend to end up with better housing than their parents According to the NUS study, children from the…
Read our latest articles on buying or renting a HDB or condo in Singapore, interior design, renovation ideas, finance, property news and neighbourhood guides.
Real Estate Investment Sales Doubled in Q3 2019. Here’s Why:
The economy may be slowing down, but our real estate sector isn’t. In fact, it’s the current economic climate that may be sending investors back into Singapore property. Here’s what’s happening: A sudden surge in office investments In Q2 2019, real estate investment sales stood at around $6.7 billion. By Q3 2019, the number had…
Why Do Asians Love Property Assets So Much?
It’s pretty well known that Asian people love so-called “safe haven” assets, particularly gold and property. But what’s the root of the obsession? It may be about more than just our parents’ HDB flat appreciation: It isn’t just a stereotype In China, some 70 per cent of millennials are already home owners – a number…
Those 6-in-10 Singaporeans May Not Realise the Government IS Controlling Prices
Apparently, six in 10 Singaporeans think condo prices should be controlled by the government, according to some survey that’s out there. But we should realise that the Singapore government is already very controlling, when it comes to the real estate market: Is the government controlling prices for condos? The government hasn’t directly come down and…
One of Singapore’s Best Properties is Up for Sale, and It’s a Car Park
The car park at Holland Road Shopping Centre is up for sale. Yes, I know most of you will hardly get out of bed at the news; but this is actually one of the BEST properties to go up for sale this year. Okay, what’s the big deal about the Holland Road Shopping Centre carpark?…
55,000 HDB Flats are Going to Be Blinged Up From Next Year
The Home Improvement Project (HIP) is in full swing, and a whole bunch of flats are about to be blinged up. Here’s what you can expect from next year onward: Over $1 billion to be spent on HIP for HDB flats The HIP, which we explain in detail in this article, is all about upgrading…
Can Buy Anot? My Bachelorette Pad Under $1 Million
Every few weeks, we address someone who asks us “Can Buy Anot” with regard to a given property. And then we weigh in with a lot of head-scratching, pondering, and hassling property veterans for their views. Today, we’re talking to Rose Yip, who’s checking out Alexis in Queenstown: Rose: While I do pride myself with…
It’s simple: If you want your kids to be rich, buy them property
Want to leave a legacy that lasts? Then instead of giving your children a stock portfolio or something, leave them a private property. Here’s why: When I was 10 years old, my life ambition was to be an apple tree. When I was 22 years old, my legacy to the world was going to be…
Singapore’s Rental Market Slips in September, but Still Stronger Than Last Year
The rental market softened for both private and public housing last month. The good news is, it’s still up year-on-year. Here’s what’s going on: Rental prices fell 0.4 per cent for condos in September, down 0.3 per cent for HDB Core Central Region (CCR) condos saw the sharpest dip in rent, falling 1.1 per cent;…
So You’ve Met Your MOP; Now What Can You Do with Your Flat?
Flat owners look toward their MOP like NS Men look toward their ORD. Once it happens, you’re free to…carry on with any 20 years of debt? Obsess over the impact of a nearby columbarium on property price? Eh, here are some better ideas: First, what is the MOP? The Minimum Occupancy Period (MOP) is a…
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