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Decoupling – this term has always been perceived as a negative act in real estate terms, due to its association with divorces. However, this is not always the case. Decoupling is, in fact, one method of ensuring a cost effective manner of paying taxes for your property! Here are some quick facts to know about
While properties that are still under construction may have more risks than a completed property, developers often incentivize buyers with per-square-foot discounts, absorption of stamp duties or other administrative costs. Besides the monetary savings arising from an early purchase, you might benefit from a lower interest rate as well! This is because BUC loan rates
Did you know that the average renovation rings up to a tune of $51,000, according to data extracted from projects and contracts on Qanvast? But don’t let that faze you – just as we’ve seen amazing makeovers with five-digit budgets, we’ve seen gorgeous spaces put together on super tight budgets! To help you do just
You have seen the term ‘property yield’ in property news, investor reports, newsletters, etc. But are you sure of what the term means exactly? This term an important metric, and a must-know for property investors. As such, this article is designed to provide you with a concise explanation of what a ‘property yield’ means. Definition
While Singapore may not be very big, choosing a suitable area or suburb to call home can still be a daunting task. Furthermore, an ideal neighborhood for some may not be for others. The decision on where to live will likely depend on your lifestyle priorities, amenities in the area, family size, location of workplace,
The Lease Buyback Scheme (LBS) is a way that the elderly can monetise their flats if they are living in a 4-room or smaller flat. Through this, the immovable asset will liquidate into a stream of income during retirement years and allow them to continue living in it. In addition, HDB will also provide a
‘Feng shui’ (which literally translates to ‘wind’ and ‘water’), is a complex system of thoughts that teaches us how to position buildings in a harmonious relationship with their environment and how to balance energies in any given space. Originating from China, it is an integral part of the Singaporean culture. Feng shui can be seen
Undeniably, purchasing a property is a major decision, and probably the heaviest financial commitment for most of us. However, the use of Central Provident Fund (CPF) to pay the down payment and make monthly financial obligations has been a popular and widely-considered option for many home buyers in Singapore. Are you, too, considering to finance
Sophistication, finesse, opulence – these are some words that best describes the work that the team at Prestige Global Designs is capable of. Headed by Managing Director Michael Ong and Director Jeremy Tay, Prestige Global has bagged numerous accolades on both a regional and a global level. One look at their website, and you’d be
The concept of a penthouse apartment originated from The Roaring Twenties in the 1920s, when North America, Western Europe and other developed nations experienced strong economic growth and construction boom. This widespread affluence and increased demand for living in the city have given rise to luxury developments on the top floor(s) of buildings – referred