Tag: buying property

The first thing savvy property buyers do when researching to buy a unit, house or project they’re interested in is to check the URA Master Plan. Created by the Urban Redevelopment Authority (URA), the Master Plan is the “statutory land use plan which guides Singapore’s development in the medium term over the next 10 to…

You could be a local looking to settle down with a same-sex partner, or an expatriate who is looking for a gay-friendly place to rent in Singapore. Either way, when it comes to living happily ever after in Singapore, the LGBTQ+ may run into some obstacles as there are no laws here that specifically safeguard…

A good property agent more than deserves his/her commission, but many buyers and sellers are often unsure about how much to pay. So it is the same with landlords and tenants. There are many factors that determine property agent commission in Singapore; even seasoned sellers, buyers and renters do get confused about industry standards. So,…

Buying a second property in Singapore is a tough decision these days, given the added stamp duties. Still, many investment opportunities abound, and a second house is a huge benefit to the next generation. Before you take the big step of buying a second property however, make sure you’re ready. (You might also want to…

Buying a resale unit is like going to a new restaurant with friends. You stare at the menu, and try to guess what’s good. When it finally arrives, you see what everyone else has and wish you’d ordered that.  We’re going to try to take away the sting of regret, with a few quick tips:…

A recession is when you start to see properties go under the hammer, and start getting sold at below market prices. The truth is even if there’s a downturn, it takes a lot of effort to find fire sale deals. It’s a bit like drilling for oil: expect to spend time and effort making a…

Property is Singaporeans’ number one investment. It’s so hot that if the government has to impose another cooling measure, it will probably involve spraying property buyers with a fire hose; and even that may not disperse the crowd at a showflat. But how did property become arguably the #1 the Singaporean dream? As we approach…

Go back a few decades, and property was all about rental yield and nothing else. People were happy to buy 50 year-old properties with no elevator and half a working toilet, just because rental income was enough to make the place “practically free”. But today’s real estate market has begun to raise questions about the…

When it comes to mortgages, how should you split it? Which one will bring the most benefits to you? The thing is, how a mortgage is split can have legal implications later. When deciding your approach, it’s important to think about potential future consequences; not just immediate convenience and benefits. With that being said, here…

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,…