Why Should You Buy a New Launch Condo vs Resale? There are 4 key compelling reasons to why you should buy a new launch property vs a resale property: A…
Property FAQ
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As a Singaporean, your first property is usually for home stay. Therefore, when we buy our first property, our consideration tends to be non-investment related as our main focus is…
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According to the Council of Estate Agencies, commission is negotiable. But just when is commission payable and what are the market standard practices? Sellers and landlords understand that when they…
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Your monthly repayment for your housing loan comprises of the principal repayment and the interest payment. Factors affecting how much you pay are: The size of your loan The tenure…
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The Loan-To-Value (LTV) is the ratio of the loan to the value of the property. The maximum LTV is 80% for bank loans. This means that if property X is…
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What can I use my CPF Funds for? Your CPF funds can be used to pay for stamp duty, legal/conveyancing fees and mainly for the down payment of the purchase,…
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Buyer’s Stamp Duty (BSD) The Buyer Stamp Duty (BSD) is computed based on the purchase price or market value of the property, whichever is higher. All residential and non-residential properties…
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Total Debt Servicing Ratio (TDSR) The TDSR was implemented on 28 June 2013 by the Monetary Authority of Singapore to prevent private property buyers from over-extending themselves and getting into…
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In this article, we explore how much it takes to buy a HDB flat or a condominium. What you can afford depends on your current income, debt obligations, expenses, savings…
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What sort of property taxes do I have to pay as a property owner and investor? Find the answers to all your property tax questions here. If you would like…