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How Does The Capitalization Rate Affect My Property Investment Decisions?

Purchasing a property is a big decision, as it is a household’s largest investment. It is especially so for Singaporeans, considering the exorbitant property prices due to our land scarcity. Hence, there has to be careful consideration before investing in property. One of the factors to be considered is the capitalization rate, or cap rate

Top 5 reasons behind the rise in HDB resale prices

Despite the economic recession caused by the Covid-19 pandemic, HDB resale prices has risen. Resale Price Index (RPI) refers to the index used to compare the overall price movements of HDB resale price, has been increasing for the past 5 quarters. There is a significant increase of 3% from Q4’2020 to Q1’2021. While this trend

Does DBS Reverse Mortgage Loan Equate To Care-Free Retirement?

On 29 June 2013, the government released the Total Debt Servicing Ratio (TSDR) framework in which, borrowers would have to fulfil a strict assessment to obtain their desired loan amount. This meant that the amount an individual could borrow would be limited to his ability to service all their loans within the portfolio, based on

Can you afford your next home?

With endless online resources to help you find your next dream home, the only obstacle in your way is understanding what you can afford. The fact that you are reading this now, tells us you have great plans in mind, and that you are probably planning your path to success. Are you that young ambitious

August BTOs To Keep an Eye Out For

After a gruelling year and a half for those waiting for their delayed Build-To Order (BTO), the launches for new BTO launches have picked up speed once again. August 2021 BTO projects offers 3 mature estates in the list – a rare find in Singapore, especially in longstanding mature estates like Queenstown. If you are

Starting a home business? Important things you must know

Value-creating economy is the new catchphrase as Singapore moves beyond SG50 into SG100. According to Minister Tharman Shanmugaratnam, the engine that will propel our economy into a more innovative and entrepreneurial one will be Small and Medium-sized Enterprises (SMEs). SMEs play an integral role in Singapore’s hope for homegrown, globally competitive Multinational Corporations (MNCs), which

Is it really good to buy HDB with spouse as essential occupier?

With the rise in property taxes in efforts to cool the market, more young Singaporeans turn to listing their spouse as an essential occupier instead of co-owning their HDB flat. Who is a HDB Essential Occupier? According to HDB, an essential occupier refers to a family member who is part of a family nucleus, which

5 Reasons Why Good Class Bungalow (GCB) at Cluny Hill Fetched Record Price

In 2018, Sebastian Soh bought a Good Class Bungalow (GCB) at 2 Cluny Hill to build his family’s dream home. What he did not expect was to sell the freehold bungalow in 2021 at a record-breaking price of $63.7 million or $4,291 per square foot (psf) surpassing the $4,005 psf record set in March this

Understanding SIBOR, SOR and the transition to SORA

Those who have taken a home loan may be familiar with its two forms – the fixed rate and floating rates, which its market managed variants are typically based on the Singapore Interbank Offered Rate (“SIBOR”). So, what will the introduction of the Singapore Overnight Rate (“SORA”) mean for you, and will this make loans

All You Need to Know About the Home Protection Scheme

Those who have purchased HDB properties before may vaguely remember signing the Home Protection Scheme (HPS) form as part of the numerous paperwork needed to be done in order to obtain the keys to your new home. Few understand the implications of signing this form and how it could possibly affect their mortgage payments in