In a move that sent tremors across global markets, the US Federal Reserve recently announced a significant interest rate cut of 0.5 percentage points. This strategic decision, aimed at stimulating the American economy and warding off potential recessionary fears, has far-reaching implications, extending its influence even to the shores of Singapore. Singapore and the US, despite being separated by vast...
Qn 3: We have plan to get married. However, how early we get married is dependent on when we get our house. We are contemplating between 3rm BTO or resale 3rm HDB. Our monthly combined income is approximately $11K. Do share your professional opinions with us. Thanks. In order for us to do a rough calculation on your HDB loan, below are the assumptions that we have made: Both of you are 30...
In the heart of Singapore's bustling housing market, a surprising trend is taking root. Young couples, traditionally drawn to the allure of gleaming new condominiums and Build-To-Order (BTO) flats, are increasingly setting their sights on older resale HDBs. This shift in preference is raising eyebrows and challenging conventional wisdom about what constitutes the ideal home for young families. For...
Singapore's vibrant property market offers a wealth of options for aspiring homeowners. If you're in the market for a condo, you've likely encountered two enticing choices: gleaming new launch developments and established resale units. The decision between the two can feel like navigating a maze, with each path promising unique benefits and trade-offs. New launch condos beckon with their promise of...
Qn 2: Our 3rm HDB can fetch in the range of $700K to $800K. If we cash out, what can we buy as private properties are very expensive now. Perhaps please share your insights. Thanks. Hi there, Thank you for writing in to us via WhatsApp. Before we proceed to share our opinions, we will need to make some assumptions. Below are the assumptions that we have made: Assumptions: • Both of you and your...
Singapore's rental market has been on a roller coaster ride in recent years, with rents soaring to unprecedented heights. But now, the ride seems to be slowing down. signaling a shift in the market dynamics. This cooling trend is raising concerns for landlords who have become accustomed to a steady stream of eager tenants and skyrocketing rental prices. The days of multiple offers above asking price...
Qn 1: I'm a single local Singaporean with a loan of $1M. I'm torn between buying a resale HDB flat in a mature estate with potential for upgrading later, or a resale private condo in a developing area with potential for higher capital appreciation. Which will be a better investment for me? Hi there, Thank you for writing in via Whatsapp and allowing me to shed some insights into your dilemma that you...
The Singapore property market is on fire, and the government is adding fuel to the flames! With the recent announcement of the 2H2024 Government Land Sales (GLS) Programme, a wave of new developments is set to reshape the city's skyline and redefine the possibilities for homebuyers, investors, and developers alike. This ambitious land release, the largest in over a decade, is a bold move by the...
A seismic shift is underway in the Asian real estate landscape as both Hong Kong and China have recently lifted long-standing property curbs. These policy reversals, designed to stimulate their own cooling markets, are sending ripples across the region, with Singapore feeling the tremors. Hong Kong's decision to scrap all property cooling measures and China's easing of restrictions on second-home...
Central Singapore, a vibrant culinary melting pot, is home to an eclectic mix of flavors that transcend borders and cultures. Amidst the bustling streets and towering skyscrapers lies a treasure trove of gastronomic delights, where the delicate artistry of Japanese cuisine intertwines with the refined elegance of French gastronomy. In this culinary wonderland, ten exceptional restaurants have earned the...