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Real estate purchase is easily one of the biggest financial commitments we will undertake in our lifetime. We spend the next 20-30 years contributing a portion of our salary to the repayment of the amount. The good news is that you have the choice of getting a HDB or bank home loan in Singapore when
With Trump as President-Elect, there is a likelihood that his administration could encourage spending to fuel inflation, and an 80% chance that interest rates will hike in December. Closer to home, Singapore’s domestic interest rates saw an increase on Tuesday (15 Nov), on both the three-month Singapore Interbank Offered Rate (SIBOR) and the three-moth Swap
In June, The Redbrick Team hosted her very first real estate summit, the first of many to come. Without a doubt, its success was highly attributed to the strong support of fellow partners and clients, and this fuelled the team’s enthusiasm to put together the second instalment ahead of its original timeline. Apart from a
One of the responsibilities that come with home ownership is the ability to improve and maintain your house. You might even be passionate about do-it-yourself projects after spending a day at IKEA. Depending on how proficient you are at putting together pieces of wood, it may take as fast as a couple of hours or
The co-owner of Hong Kong luxury jewellery business Temptations Jewellery recently purchased a duplex penthouse at Nassim Park Residences for S$21.2 million. Naina Buxani purchased a 6,878 sq ft penthouse, just two units away from another penthouse that was purchased last year by her husband, Mahesh. Each penthouse unit consists of four bedrooms, a family
The government’s firm decision on the Singapore property market cooling measures is no deterrent for a group of property investors – Indonesians. Between January and August this year, Indonesians snapped up 30 Singapore properties worth at least S$5 million, a clear indication of their preference for luxury housing. Some may argue that the cause of
Some 175 homeowners (and their families) will each stand to be $1.9 million richer today, in exchange for their homes. Built in the late 1980s, Raintree Gardens, a residential development at Potong Pasir has been sold to joint venture company UVD (Projects) that is made up of UOL Group and United Industrial Corporation (UIC). This
Collective sales in 2016 report almost double of sales in 2015 despite the decrease in land supply at the biannual sales programme. So far, there have been 2 en bloc deals transacted at a total value of S$671.25 million from residential estates Shunfu Ville and Harbour View Gardens. Compared to last year, the only transaction
Did you notice? In our last Property Quotient event, our attendees were each issued a Redbrick goodie bag upon check in. Each goodie bag contained a set of carefully curated items that our guests loved, including Redbrick’s very own magic ruler. In case you were wondering, here’s what you can find in our goodie bag! 1) Redbrick Folder
In an announcement made by the Monetary Authority of Singapore (MAS) on Thursday, 1 September 2016, homeowners now have more flexibility with regard to the Total Debt Servicing Ratio (TDSR) scheme, allowing them to refinance existing home loans. This initiative will allow homeowners to capitalize on the low interest rates that financial institutions are currently