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When you think of property valuations in Singapore, the name David Ng comes to mind. As a veteran valuer, he has come a long way in the local real estate scene. To many of us, the word ‘valuation’ is commonly associated with properties, be it residential, commercial or industrial. Yet there’s more to it than
Homeowners are constantly overwhelmed by the many different housing loan packages offered across banks in Singapore. While homeowners generally seek for the most competitive housing loan rate or packages, they often overlook other available mortgage product features, which help assist in further reduction of financing cost. As such, innovative mortgage product features such as the
Private property is a well sought-after commodity in land-scarce Singapore. Yet in some cases, the government and property developers can actually take over the land that your property sits on, compelling you to sell your house. Of course, the reality is often less grim with many owners of old developments suddenly becoming overnight millionaires after
Between December 2015 and January 2016, the iProperty group conducted the Asia Property Market Sentiment Survey (APMSS) across various countries including Malaysia, Indonesia, Hong Kong and Singapore. Survey results were collated and subsequently published in the iProperty Asia Property Market Sentiment Report (H1) 2016 (APMSR). Some conclusions that were mentioned in the survey included the
The United Overseas Bank (UOB) is the first bank in Singapore to announce its suspension of loans programme for properties in London, due to the instability of the current market. This decision comes as no surprise as the United Kingdom has been in a state of political and economic chaos since Brexit (23 June 2016),
On the morning of 11th June, the Redbrick Team organised its first ever real estate summit, Property Quotient – A Real Look At Real Estate! Held at the DBS Auditorium at Marina Bay Financial Centre, our guests started streaming in as early as 8.45am! Our registration team did a wonderful job of checking guests in seamlessly,
On Wednesday, the federal reserve kept their rates unchanged once again. The decision reflects their ongoing concerns surrounding a stall in US employment and inflation, the possible Britain’s Brexit and its potential impacts on the global markets. Even though US economic growth remains robust, Janet Yellen has highlighted that the UK referendum may pose unfavourable
Based on traffic and parking conditions evaluated by the Urban Redevelopment Authority (URA) and Land Transport Authority (LTA), a new ban has been placed on various sought-after dining locations with effect from 30 May 2016. This comes after repeated complaints and concerns raised by residents in nearby estates, as patrons are often found parking their
In recent years, there has been an increasing trend in banks coming up with their own deposit-pegged mortgage rates (DPMR). DBS was first in the DPMR playing field, introducing the 18-month Fixed-Deposit Home Rate (18M FHR) back in June 2014. About a year and a half later, at the end of 2015, OCBC presented the
The Management Corporation Strata Title (MCST), otherwise known as the managing body for your condominium, manages private properties in Singapore. For new condominiums, the property developer has to find a condo management company within two months of the Temporary Occupancy Permit (TOP). After the first Annual General Meeting (AGM), the management committee will form a