Tag: buying property

Property along Singapore River with Central Business District Skyline Panorama

Why Foreign Investors Buy Properties in Singapore

In cities such as Singapore and Hong Kong, property is a hot button topic with keen interest from both local and foreign buyers. Traditionally, it is also considered one of the safest forms of investments for people to grow their money. A report by investment bank UBS published in 2018 said that properties in Singapore…

Property Jargon of the Day: Conveyancing Fees

Every day, 99.co takes a piece of property jargon and demystifies it. Today, we’re looking at conveyancing fees: What are conveyancing fees? Conveyancing refers to the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. Hence, conveyancing fees refer to…

property-sales-slump-singapore

Why the private home sales slump is not all doom and gloom

Sales of new private homes fell in August 2018, by around 50.6% year-on-year. This has been largely attributed to the new cooling measures implemented the previous month. And now, the big movers and shakers in the property market are forecasting “a sedate market”, “lost foreign investment” and “high barriers to property ownership”. However, we’ve seen…

property-conveyancing-singapore

Property Conveyancing in Singapore: What You Need to Know

Conveyancing is the transfer of legal ownership of property from one person to another. While buying a property is an exciting — and expensive — decision, home buyers in Singapore must ensure that they devote sufficient attention to what’s no doubt the drier aspects of it: maintenance fees (for condos), property tax, stamp duty and the conveyancing process. Once you have decided…

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