Singapore mortgage rates have almost doubled in the last six months because of global effort by central banks to combat inflation.
The post Singapore mortgage rates almost doubles in last six months, will rise further appeared first on iCompareLoan.
2022
During the May Day Rally, Prime Minister Lee Hsien Loong warned Singaporeans to be prepared for more economic challenges in the year ahead. Because there may be a recession within the next two years. As a small island country, the fate of Singapore is intertwined with and affected by the destinies of many countries. We... [read more]
The post Be prepared for post-Covid recession appeared first on Property Soul.
When it comes to the HDB BTO application, being a first-timer applicant gives you a lot of benefits. Not only can you qualify for a higher grant amount, but you get more priority too (read: better chance of securing a queue number). First-timer applicant benefits for HDB BTO Enhanced CPF Housing Grant of up to...
The post 5 scenarios that can disqualify you from getting HDB BTO first-timer applicant benefits appeared first on 99.co.
Post-FIRE homebuyer unable to secure home loan or refinance because he’s only earning passive income
A few months ago, someone asked if it’s possible to get a new housing loan or refinance his existing home loan if he’s: a) Retired, or b) Living off passive income (ie. unemployed) By passive income, he means adopting the FIRE lifestyle. FIRE stands for Financial Independence, Retire Early, which is a movement by individuals to...
The post Post-FIRE homebuyer unable to secure home loan or refinance because he’s only earning passive income appeared first on 99.co.
If you’re looking to strike a good balance between a forever home and one with decent price appreciation, this article gives you the top 5 best HDB towns. In this list, we look at HDB towns with the highest price comparison over the past decade, from 1 Jan 2011 to 09 May 2022. Top 5...
The post What S$500,000 can get you in the Top 5 HDB towns with the highest average price psf appreciation appeared first on 99.co.
35% Additional Buyer’s Stamp Duty (ABSD) will now apply for any transfer of residential property into a living trust from 9 May onwards, as announced by the Ministry of Finance late on 8 May. Previously, the Buyer’s Stamp Duty (BSD) was payable for the transfer. Depending on the profile of the beneficiary, ABSD might also...
The post What you need to know about the new ABSD (Trust): 35% rate + conditions for remission appeared first on 99.co.
ABSD of 35% to be imposed on transfers of residential properties into living trust, Golden Mile Complex sold en bloc for $700mil and more. Here are the news highlights for what happened in the Singapore property market from 3 May to 9 May 2022.
HDB appointment booking application process for a BTO or SBF flat in Singapore can be complicated. This article lists down the 5 things to look out for, the full process, outlining the timeline and costs. Learn when to pay the $10 application fee, option fee and more.
The Additional Buyer's Stamp Duty (ABSD) for Singapore citizens buying their second and subsequent properties is 17% to 25%; permanent residents, foreigners and entities have to pay 5% to 35% from 16 December 2021 onwards.
Our Singapore Government is doing an excellent job in all areas of government, ALL for the GOOD of the whole nation. Let us cooperate and work together with the Singapore Government as one UNITED nation.
The world is moving on, so must we. When we give up our ancestor traditions, for the sake of the nation's progress, we and the following generations will still remember our ancestor traditions through museum that displays ancestral living and lifestyle and through heritage centers.
Let us love our Government and Nation!