{"id":1712,"date":"2015-09-03T06:03:08","date_gmt":"2015-09-02T22:03:08","guid":{"rendered":"https:\/\/www.99.co\/blog\/singapore\/?p=1712"},"modified":"2022-07-01T03:33:14","modified_gmt":"2022-06-30T19:33:14","slug":"how-much-has-your-property-appreciated-by","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/how-much-has-your-property-appreciated-by\/","title":{"rendered":"How much has your property appreciated by?"},"content":{"rendered":"
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Property Appreciation: it’s all a question of Return on Investment – and we have taken a look at the past so that we may shed some light on the future<\/h3>\n

In land-scarce Singapore, investing in the right property can provide you with handsome returns. Location plays a key role in the capital appreciation of property, which comprises factors like: accessible amenities, proximity to the MRT, an unblocked view and the presence of popular primary schools in the area. With property prices being so depressed, now may be the best time for those looking to invest in a home. First up is the primer on various property types in Singapore. <\/span><\/p>\n

Government-Subsidised Public Housing <\/span><\/h3>\n

Managed by the Housing Development Board (HDB), these residential units are grouped into 26 self-sustainable HDB towns consisting of well-established transportation networks and accessible amenities. Government subsidies in the form of CPF Housing Grants are available for Singaporean buyers of all HDB flats, including Design, Build & Sell Scheme (DBSS) and Executive Condos (ECs).<\/span><\/p>\n

Potential investors of public housing should take note of the following restrictions imposed on homebuyers: <\/span><\/p>\n

    \n
  1. Only Singapore Citizens are eligible to purchase a flat. <\/span><\/li>\n
  2. Unless you are 35 years old and older, you cannot possess sole ownership over a flat.<\/span><\/li>\n
  3. You need to live in your HDB flat for the Minimum Occupation Period (MOP) of 5 years before you can sell or rent out your whole flat. It is illegal to rent it out before the MOP. <\/span><\/li>\n
  4. You and your co-owner have to fulfill the Income Ceiling, shown in the table below:<\/span><\/li>\n<\/ol>\n\n\n\n\n\n
    Type of Flat*<\/b><\/td>\nAverage Gross Monthly Household Income<\/b><\/td>\n<\/tr>\n
    4-room or bigger<\/span><\/td>\nFrom September 2015 launches:<\/span>Must not exceed<\/span> $12, 000<\/span>
    \nIf buying with extended family must not exceed<\/span> $18, 000<\/span><\/td>\n<\/tr>\n
    3-room<\/span><\/td>\nMust not exceed <\/span>$6,000 or $12,000 depending on project<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Source: <\/span>HDBinfoWEB<\/span><\/a><\/p>\n

    If you are in the \u2018sandwiched class\u2019 \u2013 higher income buyers who can neither afford private property or qualify for the BTO scheme due to the Income Ceiling, you may consider investing in alternatives like ECs or flats under the DBSS. <\/span><\/p>\n

    Below is a table summarising the main features and differences between DBSS flats and ECs.<\/span><\/p>\n\n\n\n\n
    DBSS<\/span><\/td>\nECs<\/span><\/td>\n<\/tr>\n
    \n
      \n
    • Public housing built by private developers<\/span><\/li>\n<\/ul>\n
        \n
      • Premium design, fitted with furnishings, no amenities<\/span><\/li>\n<\/ul>\n
          \n
        • Average gross monthly income must not exceed $12,000 depending on the project<\/span><\/li>\n<\/ul>\n
            \n
          • Minimum occupation period of 5 years before it can be sold under HDB rules and regulations<\/span><\/li>\n<\/ul>\n<\/td>\n
    		\n