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With December 2021 and September 2022 cooling measures, what can you upgrade to if you were to sell your existing property today?

When the September 30 cooling measures were announced, different segments of potential homebuyers and sellers were affected. For example, suppose you’re a first-time 2- or 3-bedroom HDB BTO owner who has completed your 5-year Minimum Occupation Period. In that case, you may wonder if you’ll be impacted if you sell your HDB flat in the…

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6 signs and steps to find out if your house has unrealised gains

In the current robust property market, we’ve heard a lot of record-breaking sales and come across news of homeowners making a profit from selling their house. As a homeowner, it’s also time to consider whether you can sell your house at a high price and make a profit. 2 signs that your house has potential…

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December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k

A 5-room HDB flat in DBSS development Lake Vista, along Yuan Ching Road, has just been sold for a record S$858,000 in December 2022, making it the most expensive 5-room HDB resale flat in Jurong West. The 1,163-sqft unit, located within the 19th-21st floor range at block 138C, was sold at S$738 psf, which is…

The post December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k appeared first on .

Can pay or can’t pay?

In 2022, mortgage rates have surged beyond our expectations. What if borrowers can’t pay? On November 25, the Monetary Authority of Singapore (MAS) published the Financial Stability Review 2022. It stated that most households appear to be resilient to interest rate shocks. The proportion of non-performing mortgage loans is likely to remain low. On the... [read more]

The post Can pay or can’t pay? appeared first on Property Soul.

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