mike As 2024 gets closer, people investing in property and those who own homes in Singapore are getting more alert. They are worried about the chance of a market crash. The signs are unclear right now. Some new buildings are finishing a lot of apartments. Also, the starting prices for these places are hitting record levels. … Read more
Is it a good idea to invest in Singapore’s property market? Over time, both private and public housing prices have steadily increased. This has made the market quite attractive. But, there are hurdles like the Additional Buyers’ Stamp Duties (ABSD) and Total Debt Servicing Ratio (TDSR). These government measures make buying property more expensive. Still, … Read more
The UBS Global Real Estate Bubble Index 2023 states the housing market in Singapore is “fairly valued”. This is true compared to other major cities, despite government cooling efforts. This situation makes Singapore’s real estate appealing for foreigners looking to invest. Singapore puts its citizens first with rules on property ownership for foreigners. Yet, there … Read more
Recently, Singapore’s property prices have soared, leading to worries about being able to afford a home. 99-SRX data shows new condo prices per square foot spiked to S$2,469 in 2023. This is a 48% surge from S$1,668 back in 2020. Even with the government trying to keep prices in check by raising the Additional Buyer’s … Read more
Asia-Pacific’s two leading financial hubs, Singapore and Hong Kong, are in a tight race. The property price battle shows Singapore’s private homes now cost more than Hong Kong’s. In 2022, the average price for a private home in Singapore hit $1.2 million, edging out Hong Kong’s $1.16 million. This change highlights how crucial it is … Read more
Buying property in Singapore without a down payment is possible. It involves searching for the right method that fits your situation. You might explore loans with low or no interest — a tough find. Consider asking family or friends, or look into hard money lenders and home equity loans. These options have different interest rates … Read more
Getting into Singapore’s property market can feel tough, especially if you don’t have much to start with. But, there are ways to invest in Singapore property on a budget. This guide will show you how to do it, using clever techniques like getting equity loans, sharing the cost with friends, buying cheap properties, and investing … Read more
Being a homeowner in Singapore means you must understand property tax rules. This guide will walk you through the system. You’ll learn how it’s calculated, different rates for various property types, and the payment steps. By the end, you’ll know your tax obligations and how to save money. Singapore property tax is a tax on … Read more
Singapore is a lively and fast-developing city. It is at the forefront of international finance. For investors, Singapore is a thrilling destination. To succeed here, being at the heart of the city is crucial. Properties in Singapore are in high demand, making their costs increase. Several factors drive the high prices of real estate. These … Read more
Owning a condo in Singapore is a big deal. You must know about the property tax. It’s based on the property’s Annual Value (AV). This number guesses how much the property could earn in rent. Being aware of this tax is very important for condo owners. It affects the cost of owning a condo. In … Read more
In Singapore, the housing scene is diverse and lively. A special kind of home is available, known as the Executive Condominium (EC). It blends public and private elements. ECs are offered to Singaporean families by property developers. They offer better amenities than regular HDB flats, but cost less than a private condo. This makes ECs … Read more
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