Breaking down the options and showing you the calculations for upgrading “Singapore's Government  introduced cooling measures to slow price increases in July 2018, including raising stamp duties for second homes and entities, and tightening loan-to-value limits for housing loans granted by financial institutions.” "It was, as we had stressed then, not to bring down prices but to stabilize and moderate the cycle, and I think we have achieved that effect," said Mr Lawrence Wong

Critical factors to consider when your HDB is reaching MOP Have you been planning on upgrading your HDB once it has reached it's MOP (Minimum Occupation Period)? But have decided to halt your upgrading plans due to the current Covid-19 situation in Singapore. If yes, this article is for you! We understand that upgrading to a bigger HDB flat or private residential property can be a big step to take. Especially more so with the virus outbreak and the economy not looking too goo

Understanding the impact of SARS, H1N1 & the Global Financial Crisis on Singapore's property market will guide you on current market situation According to Singapore Tourism Board, a total of 3.4million tourists visited Singapore in 2018, making it the top country for inbound visitors. These Chinese tourists spent over $1billion (excluding sightseeing etc.) here, with half the amount on shopping. They were our biggest spenders in Q1 2019. With travel restrictions in place and

Wondering what's driving the property market despite the pandemic? With the Covid-19 situation right now and the month long circuit breaker imposed by the government, things may seem overwhelming right now. Our lifestyle has changed and we are all adapting to this new norm. Despite that, however strange it might seem, it is actually a good time to invest/buy a property in Singapore now. Think of this as a profit-making opportunity to invest in the real estate market. Why you

The US Federal Reserve has cut rates twice during this Covid-19 pandemic impacting Singapore's rates The Covid-19 pandemic has had a global economic effect causing stock prices to fall, the travel and tourism industry to be badly affected, supply chains taking a hit and the retail sector seeing a drop in sales. In an unprecedented move, the US Federal Reserve has cut interest rates due to the virus outbreak. This has sent interest rates comparable to that of the 2009 Global F

The early days of 2020 has proven to be alittle more happening as compared to past years, due to the outbreak of the coronavirus causing widespread economic disruption and instability. It has gotten to a point where China, being the main source of goods and manufacturing has ceased factory production till further notice, disrupting the flow of the supply chain to other parts of the world. Schools and offices have taken a hit as well, with work-from-home initiatives implemente

Tackling the issue on oversupply and understanding the property cycle. I believe, as buyers, many of you are sitting on the fence waiting and wondering when are prices going to drop, are developers going to reduce prices or give discounts? The answer is, most probably not. The chart below shows the supply pipeline of new properties estimated to be launched for Year 2019-2020, more than 50 new developments in just two years! The enbloc fever in 2016-2018 contributed partly to

A few factors to take note of before putting a downpayment Are you looking to buy a property in the year of 2020? Well, we know how stressful it can get when searching for your first home or upgrading to a private property. So, we have listed a few things that you should take note of before putting a down payment on what could be your biggest investment yet. Given the current economic situation and the recent Covid-19 virus outbreak, there are some who wonder if 2020 is the r

How to determine if a property has good upside potential and rental yield In an era of cooling measures set out by the government, you'll see buyers choose to sit and wait, some waiting for developers to reduce their prices, others probably waiting for market conditions to be in their favour before making a purchase. In reality, even with cooling measures such as the increased Additional Buyer Stamp Duty (ABSD) and Total Debt Servicing Ratio (TDSR), the property market is re