16 King Albert Park

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The Hermitage

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400m To Kovan MRT. FH Terrace Renovated For Function And Easy Living

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Tag: prices

More buyers to consider buying resale flats with new HDB grants

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…

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What Is An Option To Purchase (OTP) Agreement?

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…

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Local property market more stable

Minister Lawrence Wong says the cooling measures implemented have achieved what they set out to do   Singapore’s property cooling measures have achieved what they set out to do, said Minister for National Development Lawrence Wong, but most analysts do not expect them to be lifted in…

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Things to look out for when buying a home

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 –…

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What Rising Interest Rates Mean for Singapore Property

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…

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Tenant tips: 7 effective steps to negotiating rent in Singapore

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…

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Is the Singapore property market still a safe haven for investors?

SINGAPORE: With all the turmoil of a Trump presidency and Brexit, we wouldn’t be surprised if analysts eventually suggest hiding your money in a sock.   In the aftermath of the last crisis years (2009 to 2013), the Singapore property market — particularly its luxury segment —…

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