The US Federal Reserve has steadily raised interest rates for many years. Most recently, they've announced a fourth consecutive 0.75-point rate hike, bringing mortgage interest rates up to 3.75% - 4%. As such, local banks have adjusted their loan packages accordingly. Given current trends and expectations that interest rates will continue to rise, many HDB homeowners are wondering whether an HDB loan or...
Singapore's real estate industry has been flourishing at an incredible pace. This is primarily why so many foreigners have started showing interest in purchasing properties here. Most people in the country plan for many years to buy their very own homes. More often than not, it is the finances that pose a problem. But with a normal progressive payment scheme, it has made the purchase of new condominium...
Singapore is definitely one of the most attractive destinations for real estate investments for foreigners. Do you know that the real estate investment activity nearly doubled in merely the first half of 2021? Indeed, it's not really surprising that so many foreigners are now interested in buying a property in Singapore. However, it is not going to be easy. The thing is, Singapore has implemented...
There are many reasons one can decide to relocate to Singapore. The country has multiple job opportunities and quite a lot to offer. However, before you think of moving, you have to handle something major, and that is your residence. Naturally, you will have to arrange for your accommodations. The thing is, even if you are really well off financially, it's not going to be easy for a foreigner to...
CPF housing grant eligibility is crucial when buying an HDB flat, especially for first-timers eyeing a BTO or buying resale flat for the first time. Getting a CPF housing grant, also known as an HDB grant or resale grant, is essential for many as it helps make homes more 'affordable.' However, multiple grants and eligibility scenarios need to be clarified. From proximity housing grants to enhanced CPF...
There's hardly anyone who can claim not to have the desire to own his own house. Indeed, this is the most cherished dream of most people out there. And Singapore government is committed to making this dream more accessible for its residents. Yes, purchasing resale HDB can enable you to buy your very first home. But there are some things you must keep in mind. Although the process is fairly simple, there...
When the thought of buying your first property comes to your mind, either one of these applies to you: You and your partner are getting married and ready to purchase your first property You are single and is at least 35 years old The next question that pops up is: “Should I buy a HDB flat as my first property?” Or, is there any other option that you can explore? Before we move further,...
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...