Fri 13 Sep 2019 at 21:36
SINGAPORE: Home buyers on Wednesday (Sep 11) said that the bigger grants by the Housing and Development Board (HDB) offer them wider options, including buying resale flats if they fail in the bid for a new flat. With the Enhanced Housing Grant (EHG), which took effect…
Thu 27 Jun 2019 at 18:18
Whether if you’re buying a new property or a resale HDB, one common term that you probably hear often is OTP, or Option to Purchase. In Singapore, an Option to Purchase is one of the first few steps of buying a property, and comes before the…
Mon 29 Apr 2019 at 18:08
As tycoons buy up properties in record-breaking deals and private house prices rebound, homes in the Lion City seem destined to get pricier – or tinier In 2005, semi-retiree H.H. Tan paid S$633,000 (HK$3.8 million) for a three-bedroom apartment in Singapore’s Pacific Mansion, an ageing private…
Thu 21 Mar 2019 at 18:08
Higher price, higher returns? Freehold or leasehold? Primary market or secondary? And what about mortgagee sales? Buying a home is a multi-faceted decision. Not only does it satisfy the physical need of having a roof over your head, it is also often an emotional decision –…
Fri 04 Jan 2019 at 18:08
SINGAPORE — Not since 2007 has the property market had such an eventful year. 2018 will be remembered most for the year the en bloc movement reached fever pitch, which went by with multiple asking prices above S$2 billion, ugly spats between neighbours, and calls among…
Wed 26 Dec 2018 at 17:21
Homeowner Grace Koh had barely settled into her new condominium apartment along Singapore’s breezy East Coast in August, when the interest rate on her mortgage jumped from 1.5 per cent to 1.8 per cent. When she first took out the S$1.1 million (US$800,000) home loan with…
Wed 05 Dec 2018 at 13:20
SINGAPORE: Buying old properties on the cheap and “doing them up” is an old practice employed by property investors, but it takes some experience to deal with potential downsides. Here is what you need to look out for: 1. If the lease is running out, there…
Sun 02 Dec 2018 at 15:43
SINGAPORE: What happens when you have bought a newly launched property from a developer, but wish to sell it before it is completed? Before completion, a transaction of a unit between the original buyer and new buyer is called a sub-sale in industry parlance. This…
Sun 25 Nov 2018 at 11:32
SINGAPORE: Tenants, if there is anything that you need to know before you rent a home, it is this: Rental rates are always negotiable. Not only is nothing set in stone, negotiation margins – the difference between asking price and the price the landlord is willing…
Sat 24 Nov 2018 at 19:18
USA: Nearly nine out of 10 millennial homebuyers bought a property that was previously owned last year, as opposed to something newly constructed, according to the National Association of Realtors. About the same percentage are planning some kind of renovation, according to the 2018 Chase housing sentiment…
