Property prices in Singapore are not exactly the cheapest, and the last thing you would want is for you to pay the price (pun intended) of over-paying for your purchase. Sure, you may finally get to own your dream property, but are the trade-offs worth it? How can you determine whether you are indeed paying a fair price for a property? We have put together five factors that you may look into to help you determine the right price for your property purchase.
As the year draws to a close, we thought that it might be apt to look back at how each market region in Singapore has performed for the year. While it’s no secret that the overall private residential market has had a decent year, does that mean that all regions performed equally well? In today’s article, we’ll be zooming into the price behaviours for the CCR, RCR & OCR to study their individual performances for the year. We’ll also discuss if the worst-performing region is facing a crisis or does it actually present investors with an opportunity to enter into a future growth region.
Cooling measures, continually and gradually introduced by the Singapore government, serve to regulate our real estate market and have implications on homeowners and investors alike. In this article, we give a comprehensive breakdown on the history of Singapore’s cooling measures and explain what it is they actually do and how these measures impact you.
Expect the unexpected, they always say. But, they did not mention to expect new directives being introduced slightly before midnight on the 15th of December 2021. Perhaps the routine of dropping new directives in an instant on new COVID-19 regulations has become a habit. Most would have been asleep while the news were released, but fret not, we are here to cover the details of how the New Property Cooling Measure may affect you.
When it comes to property investing, most people would scrutinise their entry strategy closely – which is a good habit to have to ensure that the property checks all boxes of what they deem as “investment-grade”. However, few would give thought to their property’s future potential tenant and buyer pool. No matter how attractive of a deal you secured at the point of property purchase, rental income can only be earned if there are ready tenant pools for your property, and capital appreciation gains can only be captured if you are able to sell the property. Failing to identify your target audience could present you with obstacles to achieving that rental cash flow and resale gains that you have hoped to get out of your investment. How then can you identify your potential tenant and buyer pool?
In the last five years, we have witnessed a few districts with high price growth. The upcoming new plans in District 19 also means that residential homes will potentially continue to enjoy upside in coming years. So far, District 19 has seen good growth, and is likely to remain the darling of local investors. So what are some developments in this district for you to explore? In this article, we will find out how they have performed, why it is one of the popular districts and why prices are likely to remain resilient over the next few quarters.You will also have a better understanding of the performances and trends in District 19 non-landed property market. Check out our latest article for more!
Taking into consideration the expenses you would have incurred over the years and commonly overlooked. What will your home’s “Actual” break-even price be?
What are the 6 Important Components you need to consider before diving into your next property purchase? How will they affect your Monthly Instalment sustainability and your overall family & lifestyle planning?
Sometimes, a lot of property buyers often do not consider the overall cost involved when purchasing a property. In this article we hope to brings to light what are the overall costs involved in purchasing a property to help you when selecting your next property. Understanding the breakeven price and ways you can reduce will also provide a deeper perspective to conclude whether to stay for 30 years or to sell in a shorter period and restructure your property investment portfolio. Check out our latest Insights review for more!