Tag: singapore property

If you think you need a million dollars in your bank account to buy property, you’re wrong. Well okay, it helps if you do; but there are other ways you can go about affording a property in Singapore: You don’t need to have a million dollars right now to buy a house The good thing…

Three adjoining office units at Peninsula Plaza is up for sale, with a guide price of $9.29 million. Here’s what’s happening: The three offices are on the 12th floor of Peninsula Plaza, with a combined area of 4,262 square feet. Each unit ranges from 1,001 sq ft to 1,776 sq ft, and has a 999-year…

Every day, 99.co picks a piece of property jargon to explain it. Today we look at holding power, and why it matters to property owners: The important concept of holding power In Singapore’s property market, “holding power” typically refers to the ability of a home owner to keep servicing the property loan and associated costs;…

Every day, 99.co picks a piece of property jargon to explain it. Today we look at the QC, and how it affects both developers and you: Qualifying Certificate (QC) The QC is a scheme imposed on foreign property developers (this includes listed developers by default, as foreigners can own shares in such companies). It applies…

Every day, 99.co picks a piece of property jargon to explain it. Today we look at rental yield. Here’s how it works: Rental Yield The rental yield measures how profitably you can rent out your property, in relation to what you paid for it. When people talk about rental yield, they can be referring to…

Laguna Park is up for en bloc sale for the fourth time, with a reserve price of $1.48 billion. Bidding will close at three p.m. on 8th May 2019. Previous attempts for collective sale were in 2007 and 2010, as well as in September last year with the same reserve price. The $1.48 billion translates…

If you’ve seen the recent news, you’ll know that the recent $13.6 million lottery win was shared between two punters, who both bought their winning numbers from Yishun. While some see this is as a sign that the curse on Yishun has been lifted, others speculate that this is a warning for what’s to come…

Now that there’s a higher BSD, will the momentum in the property market stop? Expert opinion points towards a no, even though some current buyers’ feathers are understandably ruffled. Here’s why the impact isn’t as significant as it might seem: The BSD’s impact is likely to be limited We spoke to Mr. Eugene Lim, Key…

Fixer Upper. Flip or Flop. Property Brothers. What do all these shows have in common? They feature the process of property flipping, which essentially boils down to buying a run-down house or apartment, fixing it up, and then selling it for a good amount of profit. (Cover image credits) Whilst property flipping is pretty popular…

Photo credits: Patrick Poh According to the latest real estate forecast report published by the Urban Land Institute (ULI) and PwC, we’re seeing the end of the dark night of the soul for the local property scene as Singapore leapfrogs its way from near the bottom of the table to being the top third choice…