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...
Interest rates on home loans in Singapore are regulated by the Mortgage Bankers’ Association of Singapore (MOSIBANS). MOSIBANS has a mandate to ensure that the rates which mortgage banks charge their customers are competitive and reflect fair market value of risk. The interest rates for mortgage loans in Singapore generally follow the bank lending norms published by the Central Bank of Singapore...
how stamp duty is calculated for Condo In Singapore It is not easy to buy a property in Singapore. The Property Market is highly competitive and prices have risen fast over the past few years. However, buying a property does come with many benefits. Possessing your own house gives you an opportunity to decorate it as you like, and also gives you the freedom to give it an upgrade whenever you...
If you are in the market for apartment or condo rentals in Singapore, you have many options. You can find a condo or apartment online or offline, big or small and then negotiate to get the best price. This can be confusing and overwhelming. With this blog, we will look at apartment and condo rentals in Singapore as well as the different options you have. How to find apartments or condos to rent? An...
A condo is a type of residential real estate in Singapore that consists of individual apartments or units. Condos are an ideal type of property for those who wish to own their own home but do not want to deal with the hassle and maintenance of owning a detached house or garden apartment. Furthermore, a condo is more suitable than a terrace house, townhouse or similar type of property due to its low...