May 2022

Recently, I have been conducting a few one-to-one consultation sessions for people who are planning to buy their new home. In general, they all want to know three things – whether they should buy a particular condominium project, whether they can afford to buy, and whether this is a good time to buy. By the... [read more]

The post Can you really afford that property? appeared first on Property Soul.

Sadly, Singapore has exited the 2 years of record low mortgage interest rate environment which was brought on by Covid-19, and homeowners have every reason to be worried about it.

The post Low mortgage interest rate environment is fast changing and what can I do about it? appeared first on iCompareLoan.

Marriage and homeownership have long gone hand in hand, so much so that young couples in Singapore often ask, “Do you want to BTO with me?” in place of “Will you marry me?”.  It appears to be the same way in China, where a father in Hebei Province brought 20 property deeds to a matchmaking corner at a park...

The post Father gifts 24 year old son 20 properties to help him find a wife appeared first on 99.co.

Woodlands Checkpoint will be expanded beyond the previously announced Old Woodlands Town Centre. In a move to alleviate traffic congestion, improve travel time and enhance security for land border crossings between Singapore and Malaysia, the government will acquire nine HDB blocks at Marsiling Crescent/Lane for the expansion of Woodlands Checkpoint. The nine HDB blocks comprise...

The post 9 HDB blocks in Woodlands to be acquired to make way for Woodlands Checkpoint expansion appeared first on 99.co.

The collective sale of Lakeside Apartments went through on its second en bloc on 26 May, with Wing Tai’s wholly-owned subsidiary Winville Investment Pte. Ltd. successfully tendering for the plot with a bid price of S$273,888,888.  This is a 14% premium from its original reserve price of S$240 million. Located at 9E and 9F Yuan...

The post Wing Tai wins tender for Lakeside Apartments collective sale for S$273.9 million appeared first on 99.co.

In reply to <a href="https://www.99.co/singapore/insider/may-2022-hdb-bto-review-jurong-west/#comment-183159">Rupan</a>. You may want to check your eligibility beforehand: - https://www.99.co/singapore/insider/buying-bto-process-procedures/ - https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/flat-and-grant-eligibility/couples-and-families One key thing to note is that you must not: 1) own any other property 2) sold a private property within 30 months before you apply for BTO.

In reply to <a href="https://www.99.co/singapore/insider/may-2022-hdb-bto-overview/#comment-182516">Sarah</a>. Ultimately, we'd say it depends on your priority and preference. If you like nature, we'd suggest going for Jurong since it's right next to Jurong Lake Gardens. Some buyers are more superstitious, so yes there's a possibility that homes near hospitals (like this Yishun BTO) may fetch a lower price. But in general there are other factors at play, such as the other amenities nearby and the flat condition. For instance, the first million-dollar flat in Yishun is located right across the street from the hospital (https://www.99.co/singapore/insider/yishun-flat-sold-1-million-february-2022/). At the same time, we'd like to highlight that this is a rare case and is more likely due to it being a jumbo flat. There's also some rental opportunity for the Yishun BTO; for instance you can consider renting it out to healthcare workers working nearby. You may also want to check out our in-depth analysis of the two sites for more info: Jurong: https://www.99.co/singapore/insider/may-2022-hdb-bto-review-jurong-west/ Yishun: https://www.99.co/singapore/insider/may-2022-hdb-bto-review-yishun/

Candy decided to purchase a 1,040 sq ft 4-room HDB flat in Bukit Panjang, as she realised her previous 1-bedroom condo was too small. Throughout the homebuying and the renovation process, she consulted her Feng Shui master.

Break ups are one of the most traumatic experiences a person can go through. Your self-esteem gets crushed, you feel unwanted and unloved, and you’ve got to deal with the...

The post Applying for a HDB BTO and Then Breaking Up – How Much Will it Cost You appeared first on MoneySmart.sg.

Recently, a 5-room Henderson HDB resale flat at City Vue became the most expensive resale flat in Singapore’s history when it was sold for a record $1.4 million last week....

The post HDB BTO May 2022 Review: Queenstown, Bukit Merah, Toa Payoh, Jurong West, Yishun appeared first on MoneySmart.sg.