2 for the price of 1: Are dual-key units a bang for your buck?

Several have testified to increasing tensions between family members during the lockdown phase, with everyone trapped at home with nowhere to go apart from the supermarket nearby. If you are the lucky few with strong family ties, a dual-key…

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…

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…

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 an essential Occupier? According to HDB, an essential…

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…

How to pet-proof your home

Pet ownership in Singapore has steadily increased over the past years. A Business Times article states that Singapore’s pet dogs and cats have grown about 19% in 5 years, reaching 196,000 in 2019. The covid-19 pandemic also sees more house…

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…

Why is there such strong demand for BTO flats in Telok Blangah and Tengah?

“Do you want to…BTO?” The surreal rite of passage for most Singaporeans. To some, just a casual journey to Toa Payoh might seem like an ordinary day with your partner. Suddenly, there you stand with your key in your hand, unsure of…

HDB Resale Levy: Hoping to strike it rich after MOP? Not so fast.

One of the main driving forces behind year-on-year strong demand for each Built-to-Order (BTO) launch is the possibility of ‘making’ money after the sale of the flat following the Minimum Occupancy Period (MOP) which spans 5 years. Those…

Phase 2 (Heightened Alert) – Stay home and make your home senior-friendly

Over the past few weeks, several clusters of infections have emerged along with a pattern of local unlinked community cases. Therefore, the Multi-Ministry Taskforce has announced additional measures and restrictions under Phase 2 (Heightened…