Refinancing your home loan tends to take a back seat, due to the other demands of everyday life in Singapore. Alvin Tan, 44, and his wife, Jacelyn Loo, felt the same, only refinancing their home loan after four years when they realised they were paying more than their peers. Now they save over $3,000 a year.
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Recently, the issue of resale levy was thrown into the spotlight. Earlier in May, TODAY had published an opinion letter by a reader urging the HDB to relook at the resale levy. He explained that he has been living in his HDB flat for nearly 40 years, and is interested in buying another flat. But...
The post Here’s why the resale levy shouldn’t be waived or reduced appeared first on 99.co.
A Redditor who identifies as a “sexy single” posted a thread on Reddit asking other singles in Singapore, sexy or otherwise, whether they would choose to buy an older but cheaper flat or a newer but costlier one. The thread garnered more than a hundred comments, with an overwhelming majority of commenters stating that they...
The post “Sexy single” asks on Reddit: Older but cheaper HDB flat, or newer but more expensive one? appeared first on 99.co.
Are there ways to avoid ABSD? Don't worry, we're not suggesting illegal methods. Here are 7 ways to avoid ABSD in Singapore.
In 2019, it was reported that there is a growing trend of wealthy Singaporeans buying properties in their children’s name. Why do they do it and should you follow suit? The latest ABSD (Trust) changes on 9 May 2022 sees a 35% tax levied on those who buy properties under their child's names in Singapore.
What about selegie house
Although the higher interest rates can affect some homeowners, the proportion of non-performing mortgages has remained low.
The post Higher interest rates may constraint a small number of homeowners says Minister appeared first on iCompareLoan.
The HDB May 2022 BTO season is upon us and it’s highly likely HDB will announce the launch details anytime soon. If you need a refresher, check out our BTO overview or individual neighbourhood analyses for Bukit Merah, Queenstown, Toa Payoh, Jurong West and Yishun. They include video tours of the neighbourhoods as well! As...
The post HDB May 2022 BTO launch-readiness: Try our 10-question quiz and see how ready you are! appeared first on 99.co.
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.
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.