Every condo in Singapore is required by law to have a mandatory condominium management committee (CMC). This committee manages common areas like lobbies, elevators and communal eating spaces. The CMC also has the power to impose fines on owners for minor infractions like littering or dumping garbage in the common areas. While a CMC sounds like an easy task, in reality it is not. It is one of the most...
Condo rules in Singapore vary from one property developer to another, but most common things in a condo are the same across the board. That’s because most developers have similar rules and regulations dictated by their respective condominium associations. These common points and standards have been established so that you know what’s expected when renting out your unit, without being bogged down with...
With the Cost of living in Singapore increasing with every passing day, investing in a residential property is becoming more attractive. But before you start looking at real estate listings or even think about buying a house, there are a few things you need to know first. Buying a house in Singapore can be daunting if you don’t know what to look for and how to go about it. Buying your first home...
You’re a frustrated condo owner in Singapore. You complain about the lack of communication from your management company, and you even file a complaint with the police. But what do you know? They might be listening! After all, they are your representatives after all. In this article, we’ll take a look at how condo management in Singapore can help improve communication and make sure your needs...
The cost of housing in the city of Singapore is on the rise, and it seems like the situation isn’t going to get any better anytime soon either. With ever-increasing demand from residents and a continuous increase in raw land prices, it’s no surprise that properties and housing costs continue to get more expensive year by year. The good news is that there are many ways for homebuyers, renters...
If you own a condominium unit in Singapore, you will sooner or later come across the topic of condo maintenance fees. Condominiums are often described as secondary residences for some homeowners and landlords. But they’re also more than just another property type; they are an investment and a means of accumulating wealth too. After all, what’s the point of investing in an expensive piece of real...
If you live in a condominium and have more than one unit, it can be tricky to manage your individual condominium accounts and share common expenses. In most cases, you’ll need to assign one of your units as the main residence so that you can take advantage of its owners’ association (association fee discounts and other perks). If another unit is not your primary residence, it will be treated as a...
If you’re planning on buying your home in the near future, then you’re probably looking at condos as a viable option. Condos are becoming more popular than they were a few years ago, and with positive reasons for why that is. The cost of living in Singapore is also very affordable, making it an attractive city for those who aren’t looking to spend a lot of money on housing.One of the biggest perks...
The ownership of real estate in Singapore is restricted to citizens or permanent residents of Singapore. Foreigners are not allowed to purchase residential property in the country. However, there are a few exceptions that allow foreigners to own properties here. This article will discuss whether it is possible for a foreigner to buy an apartment in Singapore as a second home, and also cover some...
In the modern world, where the ever-changing technological landscape demands constant innovation and responsiveness, owning a home has become one of the most burdensome things that you can do. As much as we love our homes, they usually come with a lot of responsibilities: from paying mortgages to taking care of maintenance and repairs, to dealing with strata fees, restrictive covenants and much more. For...