December 2022

Which property types to upgrade to after selling your first BTO?

With HDB resale prices rising for the 29th straight month in November 2022, many homeowners might be planning to sell their property for some profit.  It’s not uncommon for first-time homeowners to sell their BTO after hitting the 5-year MOP for their HDB flat.  But what’s next? After selling your home, you might wonder which…

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Concerns pet owners would have when selling their property and moving to another

Selling houses and relocating to another can be quite a challenge for homeowners. Challenges such as finding a listing agent, prepping, renovating the house for home staging, and relocation efforts must be coordinated well for the process to run smoothly. Apart from relatives and spouses, some people would have pets living with them. In addition…

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GST increases to 8% from 1 January 2023: Should property buyers, sellers, upgraders and renovators be concerned?

The Singapore government has given us at least eleven months to prepare for this day, when they announced the staggered implementation of our Goods and Services Tax (GST) hike during February’s budget 2022 – from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. With about half a…

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3 mistakes to avoid when downgrading from private property to HDB flat

There are various reasons why homeowners want to downgrade and right-size from private property (executive condominium, condo or landed) to an HDB flat. It can be because they are empty nesters and no longer need a big space or no longer use the condo facilities. After all, there’s no point in paying S$300 per month…

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