New cooling measures come very unexpectedly on 30 September 22 and it takes effect immediately. The main focus of the latest property cooling measures is meant to cool our current hot resale HDB market where we can see that the HDB resale prices are escalating with almost all transactions involving cash over valuation (COV). Not only that, the number of transactions on resale HDB with a million-dollar...
Our downtown core has always been the financial and commercial hub of Singapore, dominated by offices. However, over the years, thing has evolved. The emerging need of the younger generation has changed. The needs of a modern lifestyle have emerged. No longer do you just want to work at one location and then travel back home. Rather, you yield for something more, where you can work, live and play within...
The Prime Location Public Housing (PLH) model was declared by the Ministry of National Development (MND) on October 27, 2021. Starting with the November 2021 Built-to-Order (BTO) launch, this new model will apply a set of requirements to new Housing & Development Board (HDB) BTO units to be built in privileged areas. Developed in central areas such as the city center and the Greater Southern...
It's not really surprising that people are always looking for new communities to settle on. After all, most of the regular places are overly populated or too mainstream. Hence, people want to purchase properties in regions that are on the brink of prosperity. And Greater Southern Waterfront is one such place! Of course, we can hardly call the Greater Southern Waterfront homes new. They were announced...
CPF produces several emotions for Singaporeans, from confusion to vexation. It would be completely fine considering Singapore's CPF (Central Provident Fund), a kind of a doubtful deity or mythical beast with all the consistent hand-wringing and muttering when the subject is surfaced. We agree that CPF is a little complicated as it is tightly incorporated into Singapore's social and economic drapery...
When you purchase a property in Singapore, you are required to pay BSD (Buyer Stamp Duty). Along with this, you have to pay another stamp duty known as ABSD (Additional Buyer’s Stamp Duty) depending on the criteria, including the number of properties you own, and your residency status. In December 2021, the government has revised the ABSD rates. In addition, on May 9, 2022, the Ministry of Finance has...
Executive condos are becoming popular day by day. They are better than HDB flats, and when it comes to price, they are more affordable than private condominiums. Since ECs are so attractive, it shouldn’t come as a surprise that many new launches of ECs are on their way. Knowing that you would like to know about the latest executive condo launch in 2022, we have prepared this list for...
Finding a home in Singapore is a brain drainer. With a gamut of options available, we can only imagine how challenging the whole home hunting game can be. And out of all the available options, executive condos can be one option that you can really explore. From a fully-functional gym to a swimming pool, from beautiful design to having an option to throw a BBQ party, executive condos in Singapore are...
Property market is still heating up despite our latest round of cooling measures on 16 December 2021. HDB resale price is moving up. Is it a good time to progress? It depends. Has your HDB reached MOP? Is your HDB making any decent profit after paying back to CPF and HDB? Before you rush to engage any real estate agent to sell your home, below are the 5 key factors that you should consider...
What Is Asset Progression? The term "asset progression" describes the process of selling one type of asset and moving on to the next that is a more profitable one. Some people consider it like ascending a ladder but there is a much more essential reason behind it. Asset accumulation provides you with a variety of financial possibilities later in life. The term "progression" refers to the process of...