The Total Debt Servicing Ratio (TDSR) is a financial regulation introduced by the Singapore government in 2013 to promote responsible borrowing and prevent excessive debt burdens. It limits the amount individuals can spend on monthly debt repayments, such as student loans, car loans, and personal loans, to 55% of their gross monthly income. Previously set at 60%, the TDSR was revised to 55% on 16 December...

Highlights Leasehold properties may be more affordable but the value of a leasehold property decreases as the lease term gets closer to expiration. Freehold properties may be more expensive upfront but can offer better long-term value. Buying a freehold vs. leasehold property should be based on individual circumstances and long-term goals.   About Singapore Property Background Buying a...

With its award-winning green mark and a partial city skyline view, Irwell Hill Residences is the perfect luxurious condominium for you to consider in the central area. Located at 2 and 6 Irwell Bank Road, this 99-year leasehold development consists of 540 units ranging from studio to 5-room apartments with an expected completion date in 2026.This mid-size condo's average price per square foot is expected...

Purchasing a property in Singapore is often more than just acquiring a home - many invest in long-term financial planning. In this case, parents may be interested in how they can purchase private properties for their children who still need to have the legal capacity to own property due to being below 21 years old. This article explains how a trust allows the child to own the property beneficially and...

Smart home technology has become increasingly popular in recent years, as more and more homeowners recognize the benefits of integrating smart devices into their homes. From convenience and energy savings to enhanced security and safety features, smart home technology offers numerous advantages that make it an attractive option for homeowners in Singapore.   The Basics of Smart Home...

On 27 April 2023, the Singapore government implemented new property cooling measures on ABSD to manage investment demand and promote a sustainable market. This latest round comes just over six months after the previous set of measures introduced in September 2022, which included changes to the HDB LTV ratio, stress test interest rates, and a wait-out period of 15 months for non-subsidized HDB resale flats...

If you are a homeowner or want to own one in Singapore, you must eagerly await the Singapore budget 2023 announcement related to the property market and policies. The recent budget has brought some exciting updates and changes to the market. It addresses various areas of concern, including affordable housing and environmental sustainability. The variations in the announced budget can affect the property...

Singapore is a small island city-state located in Southeast Asia. Despite its small size, the country is divided into 28 districts, each with its own unique features and characteristics. In this article, we will explore the 28 districts of Singapore and how they are categorized into the CCR, RCR, and OCR regions. We will also discuss popular attractions, landmarks, and housing options in each region, and...

For parents and expats moving to Singapore, the International Baccalaureate Diploma is a desirable goal that your children can aspire for as early as 6 years old. With its international curriculum, IB shapes open-minded, well-rounded individuals ready to tackle the world. You can learn more details about what's involved in the IB programme and its value to international universities from our article and...

Pullman Residence is a 1 block 30-storey residential development with 5 levels of multi-storey and basement car park.Located at 18 Dunearn Road, Singapore 309421, this Freehold project has 340 total units.Expected Date of Vacant Possession: 31 December 2023 and Legal Completion: 31 December 2026.Opening in phases from 2024 with 340 parking lots.Branded Residence with high-end amenities and...