June 2022

Why does a ‘lodging a caveat’ matter in a property transaction?

When you purchase a private property, one of the first things your law firm will do for you after you’ve exercised the Option To Purchase (OTP) is to lodge a caveat. This is mostly a “behind the scenes” event for most buyers, but it’s more important than you’d think. On top of that, a caveat...

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Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners

In an effort to fight inflation and cool consumer spending, the US Federal Reserve has increased its interest rate by 75 basis points – its highest rate hike since 1994. This would set the Fed’s benchmark federal-funds rate – or in layman’s terms, the rate banks lend to each other – to between 1.5% and...

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August 2022 HDB BTO in-depth review: Choa Chu Kang

BTO season is upon us again, and in this August 2022 HDB BTO review, we’ll be covering the quiet town of Choa Chu Kang.  A population of 169,000 residents call the sleepy, serene estate home. Located at the north-westernmost point of Singapore’s west region, it used to be home to a kampung village and rubber plantations until...

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Tackling ceiling leaks and water seepage in your HDB

If you happen to glance up and notice your ceiling paint blistering or peeling, patches of discolouration or dripping water (a dead giveaway), you most likely have a ceiling leak that needs to be fixed.  What causes ceiling leaks and water seepage? Ceiling leaks The common cause of ceiling leaks is water leaking from the above unit...

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