Residential property prices of both private properties and HDB resale flats, have risen for 11 consecutive quarters show Government data.
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While home prices have reached record highs, prices have started stabilising due to cooling measures, rising interest rates and economic uncertainties. Marginal price increase for private residential properties URA’s real estate statistics for Q4 2022 revealed that private home prices rose by 0.4% last quarter, a marginal increase compared to the 3.8% increase in Q3.…
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High residential property prices in Singapore should not discourage a savvy real estate buyers.
The post Despite high residential property prices, Singapore is a good investment destination appeared first on iCompareLoan.
Chinese New Year may have come early for the first owners of a 4-room HDB flat in Bendemeer, as the flat was recently sold for S$1 million (huat ah!). Spanning 1,001 sq ft, this translates to around S$999 psf. It’s located within the 34th to 36th floor of Blk 10B at Bendemeer Road, which is…
The post 1,001 sqft Bendemeer HDB resale flat in Kallang/Whampoa estate sold for S$1m appeared first on .
New private home sales declined 34.6% MoM to 170 units in December 2022. Meanwhile, HDB completed 20,000 flats in 2022, its largest annual number of flats in the last five years. Here are the news highlights from 16th to 25th January 2023.
If it's your first time, negotiating property prices may be a little tough. So, for your convenience, we've written down what you should say.
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Mortgage brokers can provide support on understanding and interpreting the various home loan jargons used in the home loan process.
The post Mortgage brokers can be a useful resource to clear confusion over home loan jargons appeared first on iCompareLoan.
Hello,
My friends I are paid a good faith deposit when we submitted an application for an apartment. We were told that our application was rejected and our good faith deposit would be returned, however, the housing agency is taking forever to return the deposit (one month's rent). Is there a maximum amount of time that they can hold onto our deposit? Is is 14 days, the same time limit as a typical security deposit?
Thank you in advance for any information!
According to The Straits Times, 1 in 4 HDB resale flat buyers paid cash over valuation (COV) on their HDB resale flats in 2022. We’ll explain COV in greater detail later, but it means they agreed to purchase their flats above market value (as determined by HDB). And as the word “cash” implies, any amount…
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