Article 29: Article 1: Benefits of Flipping Real Estate
Article 28: Real Estate Investors Offer Perks to Retain Tenants
Article 27: Things to Look for When Buying Personal Real Estate
Article 26: Selling Real Estate in a Sluggish Market
Article 25: Finding the Right Realtor for Your Real Estate Needs
Article 24: The Good the Bad and the Ugly of Investing in Real Estate
Article 23: The Game of the Real Estate Market
Article 22: Real Estate Management
Article 21: The Real Estate Management Trade in Singapore
Article 20: Historic Bungalows
Article 19: Impact of Devaluation on Singapore
Article 18: Hong Kong’s MPF vs. Singapore CPF
Article 17: Why Is It Important To Reduce Property Cooling Measures
Articlw 16: Prices of Pinnacle @ Duxton Units to Stable
Article 15: Lifestyle Home – One of the Most Affordable Home Options
Article 14: Budget: Tips and What to Expect
Article 13: Developers Are Confident In Selling Out All the Units before the Deadline
Article 12: A Bit About Mold
Article 11: Renovation businesses now has a new accreditation
Article 10: Prefabricated Pre-finished Volumetric Construction
Article 9: MRT Downtown Line 2 Has Boosted Property Sales & Transactions
Article 8: 2015 Ends With Slightly Better Sales Than 2014
Article 7: Nationals Of Iceland, Liechtenstein, Norway, Switzerland & USA Saves On 15% On Stamp Duties
Article 6: The Sales Of GCB Continue To Increase
Article 5: Location And Pricing Are The Essential Keys That Help Attract Buyers
Article 4: Advantages Of Buying Developers Property In Singapore
Article 3: Short Term And Long Term Stay In Singapore Residential Homes
Article 2: Is Residential Still A Good Investment In Singapore?
Article 1: Singapore Properties Worthy Investments That Will Build Your Wealth
Article 28: Real Estate Investors Offer Perks to Retain Tenants
Article 27: Things to Look for When Buying Personal Real Estate
Article 26: Selling Real Estate in a Sluggish Market
Article 25: Finding the Right Realtor for Your Real Estate Needs
Article 24: The Good the Bad and the Ugly of Investing in Real Estate
Article 23: The Game of the Real Estate Market
Article 22: Real Estate Management
Article 21: The Real Estate Management Trade in Singapore
Article 20: Historic Bungalows
Article 19: Impact of Devaluation on Singapore
Article 18: Hong Kong’s MPF vs. Singapore CPF
Article 17: Why Is It Important To Reduce Property Cooling Measures
Articlw 16: Prices of Pinnacle @ Duxton Units to Stable
Article 15: Lifestyle Home – One of the Most Affordable Home Options
Article 14: Budget: Tips and What to Expect
Article 13: Developers Are Confident In Selling Out All the Units before the Deadline
Article 12: A Bit About Mold
Article 11: Renovation businesses now has a new accreditation
Article 10: Prefabricated Pre-finished Volumetric Construction
Article 9: MRT Downtown Line 2 Has Boosted Property Sales & Transactions
Article 8: 2015 Ends With Slightly Better Sales Than 2014
Article 7: Nationals Of Iceland, Liechtenstein, Norway, Switzerland & USA Saves On 15% On Stamp Duties
Article 6: The Sales Of GCB Continue To Increase
Article 5: Location And Pricing Are The Essential Keys That Help Attract Buyers
Article 4: Advantages Of Buying Developers Property In Singapore
Article 3: Short Term And Long Term Stay In Singapore Residential Homes
Article 2: Is Residential Still A Good Investment In Singapore?
Article 1: Singapore Properties Worthy Investments That Will Build Your Wealth
Article 29: Benefits Of Flipping Real Estate
The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not the only benefit that can be associated with flipping real estate though it is certainly the one on most investors’ minds when they get into this line of work.
Let’s talk profit first. Profit is the one reason that most people get into this business. The days are long and the work is hard. This is definitely not the type of work one would ordinarily undertake for the simple love of getting one’s hands dirty. This is real work that leaves you bone weary at the end of the day. However, when all the work is done and you get around to making the sell, you will find that the profit involved in a successful flip is well worth the effort you’ve put into the process.
The good news is that the savvy investor can still manage to make money even when the situation may not work out quite as planned. This is yet another benefit to flipping real estate. If the flip doesn’t work out, there is always the option of leasing to own the property or renting the property out. The profits in these situations are considerable less than a straight out flip but it can prevent financial ruin that is often the risk of a flip gone wrong. The fact that there are options and that you aren’t necessarily left ruined at the end of a bad flip is definitely a benefit. There aren’t many types of investments that allow you the option to save yourself the way real estate does.
One of the intangible benefits of flipping houses is that you are in essence working for yourself. In other words you do not have to punch a time clock or worry about overtime (at least not on your part). This can be a bad thing too if you lack the discipline required to get the job done. However, most of us will view this is a huge check in the pros column when deciding whether or not to take the plunge into the wonderful and frightening world of real estate investing.
Even though this is a business that requires a lot of work in order to turn an attractive profit there is some satisfaction at the end of the day involved in knowing that you are working for yourself and not to make someone else wealthy or in order to punch a time clock. That feeling of satisfaction is one that you should hang onto when the brand new toilet you’ve just installed becomes a geyser. Of course there are mistakes along the way, what other job keeps you on your toes quite like this one?
Real estate investing, house flipping in particular, can be one of the most frustrating types of investments a soul can pursue. At the same time it can also be one of the most rewarding mentally, spiritually, and financially. This is something you should keep in mind when deciding whether or not this is the right path for you.
The obvious benefit and sought after benefit of flipping real estate is the profit. This is one incredibly tangible benefit, particularly when the profits are large and quick to come your way. Of course there are risks. Most ventures that offer high profit also come with a high degree of risk. Money, however, is not the only benefit that can be associated with flipping real estate though it is certainly the one on most investors’ minds when they get into this line of work.
Let’s talk profit first. Profit is the one reason that most people get into this business. The days are long and the work is hard. This is definitely not the type of work one would ordinarily undertake for the simple love of getting one’s hands dirty. This is real work that leaves you bone weary at the end of the day. However, when all the work is done and you get around to making the sell, you will find that the profit involved in a successful flip is well worth the effort you’ve put into the process.
The good news is that the savvy investor can still manage to make money even when the situation may not work out quite as planned. This is yet another benefit to flipping real estate. If the flip doesn’t work out, there is always the option of leasing to own the property or renting the property out. The profits in these situations are considerable less than a straight out flip but it can prevent financial ruin that is often the risk of a flip gone wrong. The fact that there are options and that you aren’t necessarily left ruined at the end of a bad flip is definitely a benefit. There aren’t many types of investments that allow you the option to save yourself the way real estate does.
One of the intangible benefits of flipping houses is that you are in essence working for yourself. In other words you do not have to punch a time clock or worry about overtime (at least not on your part). This can be a bad thing too if you lack the discipline required to get the job done. However, most of us will view this is a huge check in the pros column when deciding whether or not to take the plunge into the wonderful and frightening world of real estate investing.
Even though this is a business that requires a lot of work in order to turn an attractive profit there is some satisfaction at the end of the day involved in knowing that you are working for yourself and not to make someone else wealthy or in order to punch a time clock. That feeling of satisfaction is one that you should hang onto when the brand new toilet you’ve just installed becomes a geyser. Of course there are mistakes along the way, what other job keeps you on your toes quite like this one?
Real estate investing, house flipping in particular, can be one of the most frustrating types of investments a soul can pursue. At the same time it can also be one of the most rewarding mentally, spiritually, and financially. This is something you should keep in mind when deciding whether or not this is the right path for you.
Article 28: Real Estate Investors Offer Perks to Retain Tenants
What tenant wouldn’t love the allure of high speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in order to keep the tenants such as gift cards to restaurants after the renewal of a lease or gift cards at furniture stores for lengthening an existing lease. Savvy investors realize that an empty house, apartment, mobile home, etc. is money that is being lost each month that these sit empty.
The same savvy investors also realize that by keeping tenants longer they are often able to prolong the installation of new carpet, new paint, and other cosmetic repairs that are often required when a dwelling is turned over. In addition to the costs of these repairs there is also the time problems of these repairs as many of these cannot be completed in the course of a day or two and leave the apartment out of commission for at least a week if not longer. Bottom line is that the time the apartment sits empty is essential income that is lost.
If you do have an empty apartment or house there are things you can do in order to entice renters to sign a lease. One thing that many potential tenants find appealing is offering to allow them to select the color scheme for the walls and flooring. Too many rental units permit only white walls to their tenants. Imagine the benefits of not only allowing them to have walls in designer colors but also doing the work for them. This is a great incentive to many renters who love the idea of the final look but not necessarily the expense or work involved in creating that look. The ability to have the colors of choice when moving in is a huge bonus to many renters that should not be neglected or overlooked.
Another thing that tenants find helpful and appreciate in a rental property are the little luxuries such as a dishwasher, garbage disposal, built in microwave, washing machine, or dryer. These things are luxuries that many find are well worth signing a longer lease and even paying a little extra for each month. Garages and carports are another great bonus to potential tenants if you have the facilities to provide this. There are other enhancements you can make to a property that makes it more appealing to long-term tenants. Some of these would include ceiling fans, a fenced in yard for children or pets, and free cable television. It is the little touches that often appeal to renters and you will be amazed at the difference they make.
By offering your tenants something that every other landlord in the area is failing to offer you are standing out from the rest. You are also creating a ‘spoiled’ tenant who isn’t going to be content with what the other landlords have to offer when the time to renew the lease comes around. For this reason he or she is likely to stick around for yet another six months or year until the new lease expires, at which time you, as the savvy investor you are, can convince them to once again name their price for staying and offer yet another beautiful incentive in order to keep your clients happy and in place.
What tenant wouldn’t love the allure of high speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in order to keep the tenants such as gift cards to restaurants after the renewal of a lease or gift cards at furniture stores for lengthening an existing lease. Savvy investors realize that an empty house, apartment, mobile home, etc. is money that is being lost each month that these sit empty.
The same savvy investors also realize that by keeping tenants longer they are often able to prolong the installation of new carpet, new paint, and other cosmetic repairs that are often required when a dwelling is turned over. In addition to the costs of these repairs there is also the time problems of these repairs as many of these cannot be completed in the course of a day or two and leave the apartment out of commission for at least a week if not longer. Bottom line is that the time the apartment sits empty is essential income that is lost.
If you do have an empty apartment or house there are things you can do in order to entice renters to sign a lease. One thing that many potential tenants find appealing is offering to allow them to select the color scheme for the walls and flooring. Too many rental units permit only white walls to their tenants. Imagine the benefits of not only allowing them to have walls in designer colors but also doing the work for them. This is a great incentive to many renters who love the idea of the final look but not necessarily the expense or work involved in creating that look. The ability to have the colors of choice when moving in is a huge bonus to many renters that should not be neglected or overlooked.
Another thing that tenants find helpful and appreciate in a rental property are the little luxuries such as a dishwasher, garbage disposal, built in microwave, washing machine, or dryer. These things are luxuries that many find are well worth signing a longer lease and even paying a little extra for each month. Garages and carports are another great bonus to potential tenants if you have the facilities to provide this. There are other enhancements you can make to a property that makes it more appealing to long-term tenants. Some of these would include ceiling fans, a fenced in yard for children or pets, and free cable television. It is the little touches that often appeal to renters and you will be amazed at the difference they make.
By offering your tenants something that every other landlord in the area is failing to offer you are standing out from the rest. You are also creating a ‘spoiled’ tenant who isn’t going to be content with what the other landlords have to offer when the time to renew the lease comes around. For this reason he or she is likely to stick around for yet another six months or year until the new lease expires, at which time you, as the savvy investor you are, can convince them to once again name their price for staying and offer yet another beautiful incentive in order to keep your clients happy and in place.
Article 27: Things to Look for When Buying Personal Real Estate
There are all kinds of things you will want to consider when buying the real estate that your family will call home. The problem is that far too many get caught up in the small or cosmetic details of the purchase and search that they forget the primary needs of the family in the process. Keep the following things in mind when considering real estate purchases and you are much more likely to be happy with your decision a few years down the road.
1) Size. When it comes to real estate size really does matter. The problem is that it matters differently for different people. Those that are aging and whose families have left home would do well in smaller properties that required lower maintenance. Those with growing families need room to grow not only inside the house but also outside the home. If you have 5 children you do not want to be crowding them into 2 bedrooms nor do you need five bedrooms (unless you want them of course) if you are a confirmed bachelor. Size is an important consideration when deciding on a house that will meet the needs of you and/or your family.
2) Neighborhood. This is important for everyone. No one wants to buy a home in an area where they do not feel safe. At the same time most people also do not want to live in a neighborhood that is just entering into or on the verge of a state of decline. Remember that a home for the most part is a 30-year commitment you want to make that commitment in an area that is slated for growth rather than decline.
3) Property Value. The value of your property is what makes real estate an investment. The general idea is that in the 30-year period you are making the payments on your home the value of the home will experience a slow but steady increase. If the area you are considering for your real estate purchase has experienced a couple of years of declining property value you may want to find out the cause before making the investment and placing your family in that area. It could be an indicator of potential decline.
4) School District. This is typically only a consideration for those who either have children or are planning to have children. For those however, it is a very important consideration. Most school districts around the country are determined by the neighborhood in which you live.
5) Cost. This is a very important consideration for most people who are searching for a home. Obviously you want the best possible value for your money but you should take care that you do not find yourself slaving away to merely eek out your house note each and every month. You need to be able to live comfortably within your means along with your house payment in order to have the best possible real estate situation.
Of course there are other common considerations that should be taken into account. Among those are the condition of the home, the number of similar families in the area, and the closeness of the area to other conveniences such as stores, work, and entertainment. All of these things add up to a deep satisfaction in the home you have chosen or growing discontent over the years.
There are all kinds of things you will want to consider when buying the real estate that your family will call home. The problem is that far too many get caught up in the small or cosmetic details of the purchase and search that they forget the primary needs of the family in the process. Keep the following things in mind when considering real estate purchases and you are much more likely to be happy with your decision a few years down the road.
1) Size. When it comes to real estate size really does matter. The problem is that it matters differently for different people. Those that are aging and whose families have left home would do well in smaller properties that required lower maintenance. Those with growing families need room to grow not only inside the house but also outside the home. If you have 5 children you do not want to be crowding them into 2 bedrooms nor do you need five bedrooms (unless you want them of course) if you are a confirmed bachelor. Size is an important consideration when deciding on a house that will meet the needs of you and/or your family.
2) Neighborhood. This is important for everyone. No one wants to buy a home in an area where they do not feel safe. At the same time most people also do not want to live in a neighborhood that is just entering into or on the verge of a state of decline. Remember that a home for the most part is a 30-year commitment you want to make that commitment in an area that is slated for growth rather than decline.
3) Property Value. The value of your property is what makes real estate an investment. The general idea is that in the 30-year period you are making the payments on your home the value of the home will experience a slow but steady increase. If the area you are considering for your real estate purchase has experienced a couple of years of declining property value you may want to find out the cause before making the investment and placing your family in that area. It could be an indicator of potential decline.
4) School District. This is typically only a consideration for those who either have children or are planning to have children. For those however, it is a very important consideration. Most school districts around the country are determined by the neighborhood in which you live.
5) Cost. This is a very important consideration for most people who are searching for a home. Obviously you want the best possible value for your money but you should take care that you do not find yourself slaving away to merely eek out your house note each and every month. You need to be able to live comfortably within your means along with your house payment in order to have the best possible real estate situation.
Of course there are other common considerations that should be taken into account. Among those are the condition of the home, the number of similar families in the area, and the closeness of the area to other conveniences such as stores, work, and entertainment. All of these things add up to a deep satisfaction in the home you have chosen or growing discontent over the years.
Article 26: Selling Real Estate in a Sluggish Market
Real estate is one commodity that many depend upon to get them through the rough times in their investment strategies. The problem is that unlike stocks and bonds, real estate is not the most liquid of assets to turn into cash when the going gets rough and money is needed immediately. This may be the one large drawback when it comes to real estate. You cannot rely solely upon real estate to get you through the financial rough patches, as real estate is a very fickle market.
There is only one way in which real estate can truly be sold in a sluggish market such as the one that is rocking the real estate world at the moment and that is not always a way that is ideal for investors. However by offering an exceptional value to consumers, you can almost always manage to sell real estate. This is by far not the method of choice for investors. Investors are often encouraged to hold onto properties during the rough patches by any means possible (and ethical of course) in order to get the maximum profit they are hoping to achieve in the endeavor. When this is not possible, make sure the property being offered and sold is the best value for the money that is currently on the market.
Play up the attributes of any given property and offer several properties for sell at once (assuming you own more than one). More importantly, offer different types of properties rather than one style of property. If you own a few rentals, a couple of vacation homes, time shares, and perhaps a corporate office building or two put one of each on the market and see which sells more quickly.
Another thing that must be considered in a sluggish market is that you cannot attach an emotional value to the price of the property. This is simply bad business. No matter how much sweat, tears, and blood have gone into the property you must realize that just as it is a business transaction for you, so it is for the person placing the bid. You cannot afford to run off potential bidders by becoming insulting or feeling insulted by their bids. Make a counter offer and see what happens rather than letting emotion rule the day. In a buyer’s market there will be low offers.
There are many who make livings (like most investors are attempting to do) by buying low and selling high. This means they will make an insultingly low offer the first time around to see where the seller stands. This doesn’t mean they are the scum of the earth only that they are in this for the greatest possible profit. Do not take their actions or attitudes personally. They are not insulting you or the property only attempting to gain the most money in the process. Most businesses operate that way no matter what they claim.
Selling property in a sluggish market can be a disappointing and gut wrenching process but it is often necessary for one reason or another. Unexpected expenses arise and money is needed when it is needed. This is after all why we make these investments in the first place, to be able to handle the unexpected twists and turns that life tosses our way.
Real estate is one commodity that many depend upon to get them through the rough times in their investment strategies. The problem is that unlike stocks and bonds, real estate is not the most liquid of assets to turn into cash when the going gets rough and money is needed immediately. This may be the one large drawback when it comes to real estate. You cannot rely solely upon real estate to get you through the financial rough patches, as real estate is a very fickle market.
There is only one way in which real estate can truly be sold in a sluggish market such as the one that is rocking the real estate world at the moment and that is not always a way that is ideal for investors. However by offering an exceptional value to consumers, you can almost always manage to sell real estate. This is by far not the method of choice for investors. Investors are often encouraged to hold onto properties during the rough patches by any means possible (and ethical of course) in order to get the maximum profit they are hoping to achieve in the endeavor. When this is not possible, make sure the property being offered and sold is the best value for the money that is currently on the market.
Play up the attributes of any given property and offer several properties for sell at once (assuming you own more than one). More importantly, offer different types of properties rather than one style of property. If you own a few rentals, a couple of vacation homes, time shares, and perhaps a corporate office building or two put one of each on the market and see which sells more quickly.
Another thing that must be considered in a sluggish market is that you cannot attach an emotional value to the price of the property. This is simply bad business. No matter how much sweat, tears, and blood have gone into the property you must realize that just as it is a business transaction for you, so it is for the person placing the bid. You cannot afford to run off potential bidders by becoming insulting or feeling insulted by their bids. Make a counter offer and see what happens rather than letting emotion rule the day. In a buyer’s market there will be low offers.
There are many who make livings (like most investors are attempting to do) by buying low and selling high. This means they will make an insultingly low offer the first time around to see where the seller stands. This doesn’t mean they are the scum of the earth only that they are in this for the greatest possible profit. Do not take their actions or attitudes personally. They are not insulting you or the property only attempting to gain the most money in the process. Most businesses operate that way no matter what they claim.
Selling property in a sluggish market can be a disappointing and gut wrenching process but it is often necessary for one reason or another. Unexpected expenses arise and money is needed when it is needed. This is after all why we make these investments in the first place, to be able to handle the unexpected twists and turns that life tosses our way.
Article 25: Finding the Right Realtor for Your Real Estate Needs
Whether you are looking for a home of your very own or are interested in creating a long term working relationship with a realtor for the purposes of property investment it is very important that you find a realtor who will listen to your needs and wishes and act accordingly. The right realtor for your needs can mean all the difference in the world between a successful and profitable transaction now as well as many more in the future (if you plan on investing in multiple properties). Below are some important things to notice when selecting a realtor that will meet your needs.
1)Does the realtor you are considering listen to your needs? This is important as it will save you both a lot of time and money in the process of finding the perfect home for your family or for an investment property. If the realtor is constantly presenting properties that do not meet your budget or price requirements it might be a good idea to either lay down the law or find a realtor that is willing to expect your wishes and needs.
2)Does he or she ask questions and provide appropriate feedback? This indicates a direct interest in your needs, which is important—particularly when planning for a long-term investment relationship though some find it even more important when purchasing a home for their family home as this is a personal matter rather than a business matter. We all have a tendency to be more selective when placing the welfare of our family in the hands of another.
3)Do you feel comfortable dealing with the realtor you are considering? As I mentioned above we tend to be a little choosier when selecting professionals to help our families. Why on earth would be any less so when it comes to the realtor that will help our families find a home? Rapport is a good word to describe the sort of relationship you need to develop with your realtor. Do you have a good rapport with a potential realtor? If not, then move along. There are many realtors in most cities and there is absolutely no reason that you should deal with a realtor that doesn’t make you feel comfortable and secure.
4)How well does the realtor in question know the area in which you are seeking a home? There are many things that make a home a ‘good buy’ for residential and investment purposes. You want a realtor that has his or her finger on the pulse of the city and the various areas of interest, growth, and decline within the city. School districts matter more now than at any other time in our history in most cases, he or she should know about the schools, new business developments, and the value of property in the area (as well as the tendencies of property values to rise or fall over the last several years).
5)Does the realtor in question have specific experience dealing with your specific real estate needs? Whether you are planning a residential transaction or if you are seeking investment property you will need a dedicated and experienced professional that can help you meet your goals.
Realtors are a dime for a dozen in most cities and competition is fierce. There is no reason whatsoever that anyone should suffer with an agent that you do not feel is working for you or have your best interests at heart. If you invest a little bit of time and energy shopping around for the right realtor to meet your needs, you will find that your real estate transactions will take much less time and effort for this small sacrifice. It is much better to make the decision based on a few careful interviews in the beginning than after looking at fifty or more homes that do not meet your needs or price range. Then you have wasted a great deal of time and effort and you must still either risk wasting more time and effort or take the time to select another realtor for your real estate needs.
I also highly recommend selecting a real estate agent with a significant online presence. This means that he or she is making use of the available technology in order to offer more options to you as the consumer. Buying a house can be a mind-boggling process for the average person. Having a good realtor can make the process work so much more smoothly.
Whether you are looking for a home of your very own or are interested in creating a long term working relationship with a realtor for the purposes of property investment it is very important that you find a realtor who will listen to your needs and wishes and act accordingly. The right realtor for your needs can mean all the difference in the world between a successful and profitable transaction now as well as many more in the future (if you plan on investing in multiple properties). Below are some important things to notice when selecting a realtor that will meet your needs.
1)Does the realtor you are considering listen to your needs? This is important as it will save you both a lot of time and money in the process of finding the perfect home for your family or for an investment property. If the realtor is constantly presenting properties that do not meet your budget or price requirements it might be a good idea to either lay down the law or find a realtor that is willing to expect your wishes and needs.
2)Does he or she ask questions and provide appropriate feedback? This indicates a direct interest in your needs, which is important—particularly when planning for a long-term investment relationship though some find it even more important when purchasing a home for their family home as this is a personal matter rather than a business matter. We all have a tendency to be more selective when placing the welfare of our family in the hands of another.
3)Do you feel comfortable dealing with the realtor you are considering? As I mentioned above we tend to be a little choosier when selecting professionals to help our families. Why on earth would be any less so when it comes to the realtor that will help our families find a home? Rapport is a good word to describe the sort of relationship you need to develop with your realtor. Do you have a good rapport with a potential realtor? If not, then move along. There are many realtors in most cities and there is absolutely no reason that you should deal with a realtor that doesn’t make you feel comfortable and secure.
4)How well does the realtor in question know the area in which you are seeking a home? There are many things that make a home a ‘good buy’ for residential and investment purposes. You want a realtor that has his or her finger on the pulse of the city and the various areas of interest, growth, and decline within the city. School districts matter more now than at any other time in our history in most cases, he or she should know about the schools, new business developments, and the value of property in the area (as well as the tendencies of property values to rise or fall over the last several years).
5)Does the realtor in question have specific experience dealing with your specific real estate needs? Whether you are planning a residential transaction or if you are seeking investment property you will need a dedicated and experienced professional that can help you meet your goals.
Realtors are a dime for a dozen in most cities and competition is fierce. There is no reason whatsoever that anyone should suffer with an agent that you do not feel is working for you or have your best interests at heart. If you invest a little bit of time and energy shopping around for the right realtor to meet your needs, you will find that your real estate transactions will take much less time and effort for this small sacrifice. It is much better to make the decision based on a few careful interviews in the beginning than after looking at fifty or more homes that do not meet your needs or price range. Then you have wasted a great deal of time and effort and you must still either risk wasting more time and effort or take the time to select another realtor for your real estate needs.
I also highly recommend selecting a real estate agent with a significant online presence. This means that he or she is making use of the available technology in order to offer more options to you as the consumer. Buying a house can be a mind-boggling process for the average person. Having a good realtor can make the process work so much more smoothly.
Article 24: The Good the Bad and the Ugly of Investing in Real Estate
Like any other profession, there are good and bad things about what are available. Each of the things that happen in the profession is just part of the business. If you want to know what you are getting into, you will want to make sure that you know all sides of the coin of the profession. This will help you to be prepared for looking into property or buying into the occupation of real estate.
The good part of real estate is that you will be helping others to find a home. Anyone involved in real estate will say that the largest perk of being in the profession is that you are able to help people with their living situation. Another good benefit of being a real estate agent is that the finances are usually stable and do not come in small doses. For those that love their jobs in real estate, they will most likely base it on these two factors.
Despite the benefits of being a real estate agent, there are also some tough parts of being involved. One of the major frustrations is that the properties that are available will be dependent on the type of market, the neighborhood and the sales of that area. At times, there may be an overflow of properties available, while at others, everyone will be holding onto their property. For those involved in finding or buying real estate, this can cause for a challenge in finding what you want and when you want it.
Of course, for anyone becoming involved in real estate, other frustrations may come from the terms and the details that are used in the process as well as the process itself. It is not uncommon to find a home, have it inspected and then not have the ability to buy the home because of the condition of the home. There also may also be financial problems with real estate during the process of finding a home for an individual. All of these factor in to spending a lot of time looking at homes without the benefit of buying.
Whether you are buying or selling, it will be important to know what to expect from real estate. By factoring in the different parts of property, you will have the ability to decide what is best for you and can stay ready for the potential problems that may occur while you are going through the process. Knowing what to expect will help you to get past half of the battle of the real estate market.
Like any other profession, there are good and bad things about what are available. Each of the things that happen in the profession is just part of the business. If you want to know what you are getting into, you will want to make sure that you know all sides of the coin of the profession. This will help you to be prepared for looking into property or buying into the occupation of real estate.
The good part of real estate is that you will be helping others to find a home. Anyone involved in real estate will say that the largest perk of being in the profession is that you are able to help people with their living situation. Another good benefit of being a real estate agent is that the finances are usually stable and do not come in small doses. For those that love their jobs in real estate, they will most likely base it on these two factors.
Despite the benefits of being a real estate agent, there are also some tough parts of being involved. One of the major frustrations is that the properties that are available will be dependent on the type of market, the neighborhood and the sales of that area. At times, there may be an overflow of properties available, while at others, everyone will be holding onto their property. For those involved in finding or buying real estate, this can cause for a challenge in finding what you want and when you want it.
Of course, for anyone becoming involved in real estate, other frustrations may come from the terms and the details that are used in the process as well as the process itself. It is not uncommon to find a home, have it inspected and then not have the ability to buy the home because of the condition of the home. There also may also be financial problems with real estate during the process of finding a home for an individual. All of these factor in to spending a lot of time looking at homes without the benefit of buying.
Whether you are buying or selling, it will be important to know what to expect from real estate. By factoring in the different parts of property, you will have the ability to decide what is best for you and can stay ready for the potential problems that may occur while you are going through the process. Knowing what to expect will help you to get past half of the battle of the real estate market.
Article 23: The Game of the Real Estate Market
Just like playing the game of Monopoly, there are specific rules to follow in order to get the right property at the right time. The rules of the game will be dependent on who you are, what your individual tastes are and what type of investment you are looking for. However, before you even start to role the dice, you will want to make sure that you know the basic rules of the game.
One of the basics that you will want to know is to decide what it takes to find the right real estate market. You can use several marketing strategies that will help you to find the right home, the right place, and to make the right type of investment with the market. Of course, while you are doing this, you will have to investigate the various areas and how they are connected to the community. This will allow you to find what will profit you with the investment in the long run.
Just like Monopoly, you will want to understand the area that you will be in and how this will affect the rules. For example, everyone knows that by investing in Broadway there will be more profit than the utilities station. This same rule applies to finding what is available in the real estate market. You will want to know the area and how it will affect your profits and your way of living. This can be examined by the demographics, the history of the area, and the flow of people that are moving in and out of the area.
After you have investigated these various things, you will be able to decide when the best time to pass go will be. This can help you to find the best deals, move at the right time and have the luck of the dice in order to get what you want and need for better living or for better profit.
Just like playing the game of Monopoly, there are specific rules to follow in order to get the right property at the right time. The rules of the game will be dependent on who you are, what your individual tastes are and what type of investment you are looking for. However, before you even start to role the dice, you will want to make sure that you know the basic rules of the game.
One of the basics that you will want to know is to decide what it takes to find the right real estate market. You can use several marketing strategies that will help you to find the right home, the right place, and to make the right type of investment with the market. Of course, while you are doing this, you will have to investigate the various areas and how they are connected to the community. This will allow you to find what will profit you with the investment in the long run.
Just like Monopoly, you will want to understand the area that you will be in and how this will affect the rules. For example, everyone knows that by investing in Broadway there will be more profit than the utilities station. This same rule applies to finding what is available in the real estate market. You will want to know the area and how it will affect your profits and your way of living. This can be examined by the demographics, the history of the area, and the flow of people that are moving in and out of the area.
After you have investigated these various things, you will be able to decide when the best time to pass go will be. This can help you to find the best deals, move at the right time and have the luck of the dice in order to get what you want and need for better living or for better profit.
Article 22: Real Estate Management
Real estate investment can happen for various reasons. You could invest in real estate because you need a house for yourself (that house of your dreams that you so badly want). You could use real estate as a means for supplementing your income either by buying at a lower price and selling at a higher price or by letting it out.
Sometimes you might buy a property for the purpose of resale but might want to wait for a few years before you actually sell it. In such a case, again it would make sense to rent out the property and earn some money till you actually decide to sell it off.
Whatever the reason, letting out real estate demands real estate management and real estate management is not an easy job for everyone. In fact, a lot of people find it so much of a hassle that they prefer keeping their property vacant instead of letting it. Real estate management demands time, which you will rarely have. Real estate management is not just about finding tenants and collecting rent from them. Real estate management is also about ensuring that you do all the duties that a landlord/landlady is required to do. Real estate management is about verifying the credentials of the tenants before you actually let out your property to them.
Real estate management is about ensuring that all the paperwork is complete and correct i.e. the tenancy agreement etc are properly done. Real estate management also requires you to do repairs as and when required. Real estate management activities also include maintenance, painting, polishing etc of the house when the tenants move out and before the new tenants get in. So, really, real estate management is not that easy a job for someone who is in a full time job. However, there is a solution to this and that is hiring a real estate management firm to do all these activities on your behalf. Yes, this will mean that what you receive as an income by letting your property will be reduced (due to the commission/ fee charged by the real estate management firm). But that is just a small price for the convenience that a real estate management firm brings to you.
However, it’s important that you choose the real estate management firm carefully. There are all kinds of real estate management firms out there (good and bad). You must check the references of the real estate management firm before you actually hire them for the job. A good real estate management firm will not only keep your property occupied at all times but will also ensure that you always receive the rent in time and without any hassle.
Real estate investment can happen for various reasons. You could invest in real estate because you need a house for yourself (that house of your dreams that you so badly want). You could use real estate as a means for supplementing your income either by buying at a lower price and selling at a higher price or by letting it out.
Sometimes you might buy a property for the purpose of resale but might want to wait for a few years before you actually sell it. In such a case, again it would make sense to rent out the property and earn some money till you actually decide to sell it off.
Whatever the reason, letting out real estate demands real estate management and real estate management is not an easy job for everyone. In fact, a lot of people find it so much of a hassle that they prefer keeping their property vacant instead of letting it. Real estate management demands time, which you will rarely have. Real estate management is not just about finding tenants and collecting rent from them. Real estate management is also about ensuring that you do all the duties that a landlord/landlady is required to do. Real estate management is about verifying the credentials of the tenants before you actually let out your property to them.
Real estate management is about ensuring that all the paperwork is complete and correct i.e. the tenancy agreement etc are properly done. Real estate management also requires you to do repairs as and when required. Real estate management activities also include maintenance, painting, polishing etc of the house when the tenants move out and before the new tenants get in. So, really, real estate management is not that easy a job for someone who is in a full time job. However, there is a solution to this and that is hiring a real estate management firm to do all these activities on your behalf. Yes, this will mean that what you receive as an income by letting your property will be reduced (due to the commission/ fee charged by the real estate management firm). But that is just a small price for the convenience that a real estate management firm brings to you.
However, it’s important that you choose the real estate management firm carefully. There are all kinds of real estate management firms out there (good and bad). You must check the references of the real estate management firm before you actually hire them for the job. A good real estate management firm will not only keep your property occupied at all times but will also ensure that you always receive the rent in time and without any hassle.
Article 21: The Real Estate Management Trade in Singapore
The real estate property business is one of the top trades in the world today. Most of the residential and commercial buildings were sold with a large amount and the market is still busy with the upgrade in the income it has gained from the previous years. The umber is still counting particularly for the real estate agents in Singapore.
Aside from the other Asian countries engaged in the real estate business, the real estate agents of Singapore earn 66 percent more than the average Singaporean employee. The agents are between 23 to 65 years of age and most of them receives high commission earnings from the selling of residential homes, estate properties and commercial buildings. In the year 2015 a total of 300 agents earned an amount of $11, 686. This is 66 percent earned more than those gained by other Singaporean employees.
Even those who are old earn a hundred thousand more even if they are of the retirement stage. Most of the real estate agents had a favorable income review during their entire career. The estate job offered a more flexible path in assuring a successful investment and savings process. With the right kind of determination and perseverance, the idea of an excellent quality job is adhered to. Also with the right kind of property and asset management process, estate agents were able to meet the demands of the selling market.
But in the long run, an estimated 23 percent sale ion the real estate trade fell down in the previous year. In terms of new home property selling, a percentage of 22.8 was the result of the sale on February this year from the sold 301 units. Other new property selling projects also broke down in some parts of Singapore giving a low impression on the estate trade market for this year.
The reason for this low market sale is the Lunar New Year and the volatility in the market. It is expected that this whole 2016, the sale on new home projects will continue to be low as long as the cooling measures are off. Despite all this , the good track record of the real estate agents are not so much affected and the a successful trade in the other properties are not that affected.
Many units like commercial dwellings, apartments, historical houses, public buildings for rent or selling are always available for the utmost interested customers who might be local of the or foreign buyers. The capacity of the selling prospect will follow suit to the higher demand on these said properties. Due to the numerous investors inclined in the buying and selling prospective in Asia and the surrounding countries, the expectancy rate for a larger income of real estate agents is seen in the following months to come. The real estate business is a developing trade. Its growth is not easily affected by offset results in one of its branches. The efficiency of it is observed due to its wide progress.
The real estate property business is one of the top trades in the world today. Most of the residential and commercial buildings were sold with a large amount and the market is still busy with the upgrade in the income it has gained from the previous years. The umber is still counting particularly for the real estate agents in Singapore.
Aside from the other Asian countries engaged in the real estate business, the real estate agents of Singapore earn 66 percent more than the average Singaporean employee. The agents are between 23 to 65 years of age and most of them receives high commission earnings from the selling of residential homes, estate properties and commercial buildings. In the year 2015 a total of 300 agents earned an amount of $11, 686. This is 66 percent earned more than those gained by other Singaporean employees.
Even those who are old earn a hundred thousand more even if they are of the retirement stage. Most of the real estate agents had a favorable income review during their entire career. The estate job offered a more flexible path in assuring a successful investment and savings process. With the right kind of determination and perseverance, the idea of an excellent quality job is adhered to. Also with the right kind of property and asset management process, estate agents were able to meet the demands of the selling market.
But in the long run, an estimated 23 percent sale ion the real estate trade fell down in the previous year. In terms of new home property selling, a percentage of 22.8 was the result of the sale on February this year from the sold 301 units. Other new property selling projects also broke down in some parts of Singapore giving a low impression on the estate trade market for this year.
The reason for this low market sale is the Lunar New Year and the volatility in the market. It is expected that this whole 2016, the sale on new home projects will continue to be low as long as the cooling measures are off. Despite all this , the good track record of the real estate agents are not so much affected and the a successful trade in the other properties are not that affected.
Many units like commercial dwellings, apartments, historical houses, public buildings for rent or selling are always available for the utmost interested customers who might be local of the or foreign buyers. The capacity of the selling prospect will follow suit to the higher demand on these said properties. Due to the numerous investors inclined in the buying and selling prospective in Asia and the surrounding countries, the expectancy rate for a larger income of real estate agents is seen in the following months to come. The real estate business is a developing trade. Its growth is not easily affected by offset results in one of its branches. The efficiency of it is observed due to its wide progress.
Article 20: Historic Bungalows
Owning a dream home is one of the most rewarding blessings that a person will experience in his life. The thought of it as well as the experience of buying it and living in its classy interiors is a one of a kind overwhelming reward. The excitement and thrill in seeing it is truly captivating.
In Singapore, the latest and most relevant trade nowadays is renting and buying a historic bungalow. Come to think of it, the thought is quite has an appealing taste if you will consider the elegant interiors and wide exteriors that each of these bungalow possess. When we speak about the essence of luxury and the beauty that it provides, there is no doubt that these historical homes are the evidence.
Historic bungalows have this certain kind of captivating and unique styles characterized by the Tudor style and the Victorian Era of England. The houses are of white washed exteriors making it look simple yet appealing to the eyes. The back stained timber details adds to the wholesome air of grandeur when you see its whole size. One will get the impression that the houses are from the most stylish look, the way it had been during the era it was made but a twist of lavish modernism. Because of its color, the impression of simplicity with elegance is seen by both locals and foreigners around the world.
It is very suitable for the tropics because each house has broad verandas with eaves and tall shutters to make its structure wide and authentic looking. Also masonry piers are built to make the interiors elevated in order to avoid too much humidity. In this way, the air inside the house is cool and relaxing making every home owner feel convenience and comfort in it. A less humid dwelling adds to a much more quality home living experience. The thought of feeling at home to enjoy a family vacation or a holiday get together is preferred in these bungalows.
The ambience of each home is wide considering the vicinity. One story bungalows are 2,000 sq. meters which are large enough to accommodate a family of six or eight. Luxury villas are much occupy a much larger area of 8,500 sq. meters to 11,000 sq. meters. There is enough space for outdoor activities like playing badminton or Frisbee. Children will enjoy the surrounding area engulfed with wide spaces to play with.
Some of these units are used for rent while others are used for commercial trade. Many who came to see the houses and rented it enjoyed the enjoyable living accommodations it offered. Many foreigners from distant counties find living in the historic bungalows relaxing. Many gave favorable comments about the uniqueness of each house and some decided to buy the houses.
In terms of the quality and price of every house, it is guaranteed of excellent quality and affordable price. The lowest being 8, 600 dollars. The money to be invested in each bungalow will be worth it.
Owning a dream home is one of the most rewarding blessings that a person will experience in his life. The thought of it as well as the experience of buying it and living in its classy interiors is a one of a kind overwhelming reward. The excitement and thrill in seeing it is truly captivating.
In Singapore, the latest and most relevant trade nowadays is renting and buying a historic bungalow. Come to think of it, the thought is quite has an appealing taste if you will consider the elegant interiors and wide exteriors that each of these bungalow possess. When we speak about the essence of luxury and the beauty that it provides, there is no doubt that these historical homes are the evidence.
Historic bungalows have this certain kind of captivating and unique styles characterized by the Tudor style and the Victorian Era of England. The houses are of white washed exteriors making it look simple yet appealing to the eyes. The back stained timber details adds to the wholesome air of grandeur when you see its whole size. One will get the impression that the houses are from the most stylish look, the way it had been during the era it was made but a twist of lavish modernism. Because of its color, the impression of simplicity with elegance is seen by both locals and foreigners around the world.
It is very suitable for the tropics because each house has broad verandas with eaves and tall shutters to make its structure wide and authentic looking. Also masonry piers are built to make the interiors elevated in order to avoid too much humidity. In this way, the air inside the house is cool and relaxing making every home owner feel convenience and comfort in it. A less humid dwelling adds to a much more quality home living experience. The thought of feeling at home to enjoy a family vacation or a holiday get together is preferred in these bungalows.
The ambience of each home is wide considering the vicinity. One story bungalows are 2,000 sq. meters which are large enough to accommodate a family of six or eight. Luxury villas are much occupy a much larger area of 8,500 sq. meters to 11,000 sq. meters. There is enough space for outdoor activities like playing badminton or Frisbee. Children will enjoy the surrounding area engulfed with wide spaces to play with.
Some of these units are used for rent while others are used for commercial trade. Many who came to see the houses and rented it enjoyed the enjoyable living accommodations it offered. Many foreigners from distant counties find living in the historic bungalows relaxing. Many gave favorable comments about the uniqueness of each house and some decided to buy the houses.
In terms of the quality and price of every house, it is guaranteed of excellent quality and affordable price. The lowest being 8, 600 dollars. The money to be invested in each bungalow will be worth it.
Article 19: Impact of Devaluation on Singapore
Impact of Devaluation on Singapore
Currently, China is the biggest export market in Singapore, accounting fourteen percent of the export value. Thus, devaluation by Singapore dollar will make the products in Singapore more costly to the Chinese. In connection to this, 5 years ago, one Singapore dollar trade is as high as 5.33 Chinese RMB, which has strengthened against Singapore dollar. As Singapore is an advanced economy, exports to the country of China may be advanced and intermediate value added products, which may not be price sensitive; hence, it should be able to withstand increase in some of the prices.
If nationals think that the devaluation of the RMB is a top trend, exactly, we will yet see some exodus of amount of funds from wealth Chinese to the rest of many countries in the world. According to one of the economists at Bloomberg named Tom Orik, he estimated that a one percent drop in currency value leads to about forty billion when it is put in the Exodus funds with a three-month lag. With regards to this, the RMB has steadily devalued against the dollars in Singapore. However, in the last few years, the RMB has been increased against the Singapore dollar.
What is the impact of Devaluation on interest and export rate?
If devaluation continues to lower the value of currency, it will then lead to more imports from China. However, as foreseen that a two percent RMB devaluation will not significantly affect or has a big impact on Singapore’s exports, because of the fact that, Singapore is really an advanced economy, which actually exports valued added products and intermediate goods and hence, these exported products should be able to withstand a two percent impact.
In the best-case scenario, China exports may even raise in value because of RMB devaluation, since many imports and factories may already be committed and contracted beforehand and perhaps denominated in USD. In the worst case, exports may have the possibility to fall, especially if exporters are unwilling to adjust prices to absorb the increases in prices. However, it has been noted that two percent devaluation against the USD is not necessarily two percent devaluation against the SGD, because the SGD is also lowering against the USD.
Added to that, shares of Singapore exporters, which have a huge component of China sales, will be impacted. The stock markets of China may see a large impact from funds of exodus; however, at this time, it is difficult to estimate the effect.
Which segments of real estate would be most affected? Is it industrial?
Well, in my own point of view, I doubt it would influence the real estate segment of Singapore in a huge way, unless China’s wealthy begins to move on their funds to Singapore, by means of buying industrial and commercial properties.
Therefore, the impact of devaluation on Singapore is not just big, as the country is an advanced country that has more export products than import products. This also means that it makes the country's exports competitive, because buyers need to pay less, especially when you are in the country.
Adapted from article on iCompareloan
Impact of Devaluation on Singapore
Currently, China is the biggest export market in Singapore, accounting fourteen percent of the export value. Thus, devaluation by Singapore dollar will make the products in Singapore more costly to the Chinese. In connection to this, 5 years ago, one Singapore dollar trade is as high as 5.33 Chinese RMB, which has strengthened against Singapore dollar. As Singapore is an advanced economy, exports to the country of China may be advanced and intermediate value added products, which may not be price sensitive; hence, it should be able to withstand increase in some of the prices.
If nationals think that the devaluation of the RMB is a top trend, exactly, we will yet see some exodus of amount of funds from wealth Chinese to the rest of many countries in the world. According to one of the economists at Bloomberg named Tom Orik, he estimated that a one percent drop in currency value leads to about forty billion when it is put in the Exodus funds with a three-month lag. With regards to this, the RMB has steadily devalued against the dollars in Singapore. However, in the last few years, the RMB has been increased against the Singapore dollar.
What is the impact of Devaluation on interest and export rate?
If devaluation continues to lower the value of currency, it will then lead to more imports from China. However, as foreseen that a two percent RMB devaluation will not significantly affect or has a big impact on Singapore’s exports, because of the fact that, Singapore is really an advanced economy, which actually exports valued added products and intermediate goods and hence, these exported products should be able to withstand a two percent impact.
In the best-case scenario, China exports may even raise in value because of RMB devaluation, since many imports and factories may already be committed and contracted beforehand and perhaps denominated in USD. In the worst case, exports may have the possibility to fall, especially if exporters are unwilling to adjust prices to absorb the increases in prices. However, it has been noted that two percent devaluation against the USD is not necessarily two percent devaluation against the SGD, because the SGD is also lowering against the USD.
Added to that, shares of Singapore exporters, which have a huge component of China sales, will be impacted. The stock markets of China may see a large impact from funds of exodus; however, at this time, it is difficult to estimate the effect.
Which segments of real estate would be most affected? Is it industrial?
Well, in my own point of view, I doubt it would influence the real estate segment of Singapore in a huge way, unless China’s wealthy begins to move on their funds to Singapore, by means of buying industrial and commercial properties.
Therefore, the impact of devaluation on Singapore is not just big, as the country is an advanced country that has more export products than import products. This also means that it makes the country's exports competitive, because buyers need to pay less, especially when you are in the country.
Adapted from article on iCompareloan
Article 18: Hong Kong’s MPF vs. Singapore CPF
If you would try to read some related news about Hong Kong, you can say that currently, longer life expectancy and aging population are a primary concerns that Hong Kong shares with Singapore, which will cripple any countries in finances. In fact, both of these two countries share the same characteristics of high population density, elevated aging population, and prices of housing in the current market.
Big Contribution in Singapore’s CPF than Hong Kong MPF
In order to see the contribution between the two countries, take a look at the following:
Singapore’s CPF or central provident fund is being used for many things – Actually, in Singapore, the amount of supreme contribution of income ceiling given by the employer and employee may depend on their age. Usually, if you are an employee, the maximum amount that you need to pay as part of your CPF is twenty percent and for employer, you will need to pay sixteen percent in your income as well. If you would try to compare, you can see a lot of difference from it.
Hong Kong’s MPF or Mandatory pension is purely used for retirement needs – Meaning to say, MPF allows their members to choose their own funds to invest with. However, when it comes to the amount of maximum contribution that need to pay, they are only the same, where employee pays five percent and employer pays five percent for their contribution income ceiling.
Hong Kong MPF has higher returns than Singapore’s CPF – When it comes to the different of returns for both countries, it states that Singapore’s CPF ranges from 2.5 % from the ordinary account to 4% for their special return account. Furthermore, it is less efficient due to the reason that Singapore government make use of these funds for obtaining and investing between six to sixteen percent while giving back only 2.5% to four percent. On the other hand, for Hong Kong MPF, it recorded annualized 5.5% net fees between year 2000- 2010.
However, when it comes to the uses of CPF, it states that Singapore’s CPF has many uses compared to Hong Kong MPF. In fact, the CPF in Singapore has been tweaked to be used for many different purposes, such as for hospitalization, medical care, children’s education, and housing as well as for investment account. While Hong Kong MPF is presently limited to only ten percent of person’s salary, it does not have enough funds as compared to Singapore.
Despite the big differences between the two countries, Hong Kong can potentially learn from Singapore, especially by increasing the contribution that they have for MPF. On top of that, Hong Kong MPF could also be settled from funds to be used only for housing down payment, while providing funds paid by MPF, which may somewhat raise the price for property.
In addition, for those who only have lower income, extra amount of funding should come from employers into the MPF for the education of their children. With that, this will ensure greater social mobility for the country and people, as well to move up just like with the Singapore.
Adapted from article on iCompareloan
If you would try to read some related news about Hong Kong, you can say that currently, longer life expectancy and aging population are a primary concerns that Hong Kong shares with Singapore, which will cripple any countries in finances. In fact, both of these two countries share the same characteristics of high population density, elevated aging population, and prices of housing in the current market.
Big Contribution in Singapore’s CPF than Hong Kong MPF
In order to see the contribution between the two countries, take a look at the following:
Singapore’s CPF or central provident fund is being used for many things – Actually, in Singapore, the amount of supreme contribution of income ceiling given by the employer and employee may depend on their age. Usually, if you are an employee, the maximum amount that you need to pay as part of your CPF is twenty percent and for employer, you will need to pay sixteen percent in your income as well. If you would try to compare, you can see a lot of difference from it.
Hong Kong’s MPF or Mandatory pension is purely used for retirement needs – Meaning to say, MPF allows their members to choose their own funds to invest with. However, when it comes to the amount of maximum contribution that need to pay, they are only the same, where employee pays five percent and employer pays five percent for their contribution income ceiling.
Hong Kong MPF has higher returns than Singapore’s CPF – When it comes to the different of returns for both countries, it states that Singapore’s CPF ranges from 2.5 % from the ordinary account to 4% for their special return account. Furthermore, it is less efficient due to the reason that Singapore government make use of these funds for obtaining and investing between six to sixteen percent while giving back only 2.5% to four percent. On the other hand, for Hong Kong MPF, it recorded annualized 5.5% net fees between year 2000- 2010.
However, when it comes to the uses of CPF, it states that Singapore’s CPF has many uses compared to Hong Kong MPF. In fact, the CPF in Singapore has been tweaked to be used for many different purposes, such as for hospitalization, medical care, children’s education, and housing as well as for investment account. While Hong Kong MPF is presently limited to only ten percent of person’s salary, it does not have enough funds as compared to Singapore.
Despite the big differences between the two countries, Hong Kong can potentially learn from Singapore, especially by increasing the contribution that they have for MPF. On top of that, Hong Kong MPF could also be settled from funds to be used only for housing down payment, while providing funds paid by MPF, which may somewhat raise the price for property.
In addition, for those who only have lower income, extra amount of funding should come from employers into the MPF for the education of their children. With that, this will ensure greater social mobility for the country and people, as well to move up just like with the Singapore.
Adapted from article on iCompareloan
Article 17: Why Is It Important To Reduce Property Cooling Measures
It is very hard to sell a property in the market because a lot of home owners today are using their home loan to refinance. Even though several English countries today are running a surplus on the cycle of election, it does not include the sales of land. As a matter of fact, countries are running a larger surplus than what has been reported in the budget.
As English countries strives to maintain having a balance diet, it is still a mystery as to why there is still a big need to release big parcels of land if we are going to consider that the proceeds of sales are not being considered by the Revenues to balance a diet but being parked away from the reserves of Singapore. On the other hand, the average amount of private and non-landed homes on the past one decade was only an average of 8,000 units every year based on the changes evident in the occupied non-landed homes. Aside from that, on a separate situation, the supply of pipeline comes on a vacancy rate of 8 percent.
From the year 2005 up to the year 2014, the population of English countries as well as the housing stock started to increase. It only shows that there are 7.58 people in each household. It is double than the average English household wherein some of the main reasons could be domestic helpers who are living with their employers, workers are staying on apartments and so on and so forth.
Each vacant units needs to have about 2,227,000 of growth in population in order to fill the units within the upcoming 3 to 4 years. It can be done either by staying or renting or it can also be by staying and buying.Home developers needs to help themselves because they are considered Capital receipts and proxy tax collectors of the government who serves as the controllers of the immigration policies as well as the largest landlords.
As the price of each real estate properties drop and the capacity of rentals are weakening, there is a big need to solve the challenges of vacancies. The government is keen when it comes to bringing a higher population in order to solve problems. However, with the economy’s weakening, the growth of employment can be muted for the locals and foreigners.
Because of the fact that negative equity is not going to happen in an organized decline in the prices, the increased on incentives can help the home developers in cleaning those unsold stocks through ABSD reduction for the foreigners. Financial institutions are not extending their hand to help in order to provide an on time release of the statements needed for the application of housing loans. The probability of making a property sold at the price a seller wanted is very remote. However, it is a very much good to immediately refinance into a fixed package rate despite of the long process of paper works.
Adapted from article on iCompareloan
It is very hard to sell a property in the market because a lot of home owners today are using their home loan to refinance. Even though several English countries today are running a surplus on the cycle of election, it does not include the sales of land. As a matter of fact, countries are running a larger surplus than what has been reported in the budget.
As English countries strives to maintain having a balance diet, it is still a mystery as to why there is still a big need to release big parcels of land if we are going to consider that the proceeds of sales are not being considered by the Revenues to balance a diet but being parked away from the reserves of Singapore. On the other hand, the average amount of private and non-landed homes on the past one decade was only an average of 8,000 units every year based on the changes evident in the occupied non-landed homes. Aside from that, on a separate situation, the supply of pipeline comes on a vacancy rate of 8 percent.
From the year 2005 up to the year 2014, the population of English countries as well as the housing stock started to increase. It only shows that there are 7.58 people in each household. It is double than the average English household wherein some of the main reasons could be domestic helpers who are living with their employers, workers are staying on apartments and so on and so forth.
Each vacant units needs to have about 2,227,000 of growth in population in order to fill the units within the upcoming 3 to 4 years. It can be done either by staying or renting or it can also be by staying and buying.Home developers needs to help themselves because they are considered Capital receipts and proxy tax collectors of the government who serves as the controllers of the immigration policies as well as the largest landlords.
As the price of each real estate properties drop and the capacity of rentals are weakening, there is a big need to solve the challenges of vacancies. The government is keen when it comes to bringing a higher population in order to solve problems. However, with the economy’s weakening, the growth of employment can be muted for the locals and foreigners.
Because of the fact that negative equity is not going to happen in an organized decline in the prices, the increased on incentives can help the home developers in cleaning those unsold stocks through ABSD reduction for the foreigners. Financial institutions are not extending their hand to help in order to provide an on time release of the statements needed for the application of housing loans. The probability of making a property sold at the price a seller wanted is very remote. However, it is a very much good to immediately refinance into a fixed package rate despite of the long process of paper works.
Adapted from article on iCompareloan
Article 16: Prices of Pinnacle @ Duxton Units to Stable
The Pinnacle @ Duxton is a prizewinning 50-storey residential building in the city center of Singapore, next to the city’s business district. This project features the two longest sky gardens in the world of 50 meters each, on both 26th and 50th floors.
In 2015, the Pinnacle @ Duxton has recorded 3 big transaction of above $1 USD for its 5-room flats, the same to the 4 other deal that was seen in the first 3 months of 2015. The development in this building has been featured in several news headlines in the recent months. For instance, in November 2015, a unit was sold for 1.08m USD, which is the most expensive sale ever made for a 5 room flat in the history of Singapore. In January 2016, another unit was sold for USD $1.07m.
According to the brokers that helped to broker both of the deals, those flats are called sky-prices because of their panoramic, unblocked views of Singapore city, and Pinnacle’s status as landmark project.Aside from the building’s proximity to the MRT station, another major selling point of units is the lack of availability of such great units. According to one broker, not everyone at Pinnacle wants to sell their units. Those who decided to sell their unit are only leveraging in order to get a maximum premium for their units. Based on the data and statistics gathered, the 2 aforementioned transaction were 3% much higher as compared to the average price of transaction which is $977,846 for a single 5-room flat at usual project. But comparing to the older flats present in the area like the Tanjong Pagar Plaza and Smith Street, this can be translated to a 20% to 46% premium.
The most current resale prices for units are also very far from their original selling price that ranges from between 345,100 USD and 439,000 USD for a 5-room flat during the launch of project in 2004. Nevertheless, it was noted that these recorded flat prices are quite unique to Pinnacle@Duxton. The unit prices don’t represent most of the resale HDB transactions that are trading around the valuation in current real estate market environment.
It is also unlikely that the prices of 5-room flats at Pinnacle@Duxton will significantly rise higher of reach more than 2 million USD mark, as the home buyers could now easily purchase an amazing private apartment in the same area for similar price. Looking ahead, the resale prices of HDB flats are expected to stable while the volume of transaction is also expected to increase as the reduced attention on COV (Cash Over Valuation) premiums would attract the buyers in an immediate need of residential property, or those who don’t qualify for the BTO (build to order) flats.
In connection to the stability of sky-high prices of units at Pinnacle @ Duxton, Temasek Holdings has now been named as the largest real estate firm in Singapore, which greatly affected the real estate market in Singapore. They overtook the wealth fund of GIC (2015 top performing firm) and now has stakes in key regional and local players such as Pulau Indah Ventures, Mapletree, M+S, and Capital Land.
The Pinnacle @ Duxton is a prizewinning 50-storey residential building in the city center of Singapore, next to the city’s business district. This project features the two longest sky gardens in the world of 50 meters each, on both 26th and 50th floors.
In 2015, the Pinnacle @ Duxton has recorded 3 big transaction of above $1 USD for its 5-room flats, the same to the 4 other deal that was seen in the first 3 months of 2015. The development in this building has been featured in several news headlines in the recent months. For instance, in November 2015, a unit was sold for 1.08m USD, which is the most expensive sale ever made for a 5 room flat in the history of Singapore. In January 2016, another unit was sold for USD $1.07m.
According to the brokers that helped to broker both of the deals, those flats are called sky-prices because of their panoramic, unblocked views of Singapore city, and Pinnacle’s status as landmark project.Aside from the building’s proximity to the MRT station, another major selling point of units is the lack of availability of such great units. According to one broker, not everyone at Pinnacle wants to sell their units. Those who decided to sell their unit are only leveraging in order to get a maximum premium for their units. Based on the data and statistics gathered, the 2 aforementioned transaction were 3% much higher as compared to the average price of transaction which is $977,846 for a single 5-room flat at usual project. But comparing to the older flats present in the area like the Tanjong Pagar Plaza and Smith Street, this can be translated to a 20% to 46% premium.
The most current resale prices for units are also very far from their original selling price that ranges from between 345,100 USD and 439,000 USD for a 5-room flat during the launch of project in 2004. Nevertheless, it was noted that these recorded flat prices are quite unique to Pinnacle@Duxton. The unit prices don’t represent most of the resale HDB transactions that are trading around the valuation in current real estate market environment.
It is also unlikely that the prices of 5-room flats at Pinnacle@Duxton will significantly rise higher of reach more than 2 million USD mark, as the home buyers could now easily purchase an amazing private apartment in the same area for similar price. Looking ahead, the resale prices of HDB flats are expected to stable while the volume of transaction is also expected to increase as the reduced attention on COV (Cash Over Valuation) premiums would attract the buyers in an immediate need of residential property, or those who don’t qualify for the BTO (build to order) flats.
In connection to the stability of sky-high prices of units at Pinnacle @ Duxton, Temasek Holdings has now been named as the largest real estate firm in Singapore, which greatly affected the real estate market in Singapore. They overtook the wealth fund of GIC (2015 top performing firm) and now has stakes in key regional and local players such as Pulau Indah Ventures, Mapletree, M+S, and Capital Land.
Article 15: Lifestyle Home – One of the Most Affordable Home Options
According to the analysts, at the end of 2016, the private residential prices will fall up to 15%, and will continue to fall into 2017, but the decline rate is unlikely to exceed 20%. At the same time, the residential rental levels could drop by 8 to 15%, while the rate of vacancy could rise from 7.8% to 10% at the end of 2017.
In relation to the decreasing prices of residential properties, the mixed-use development, which includes both residential and commercial units in single complex, has been becoming really popular, with the increase number of the developers starting to opt for this mixed-use development. Data from URA (Urban Redevelopment)
Authority shows that the home builders only completely less than 19,000 residential units in 2015, which is less than their projected units of 21,359 for the same year; and this is due to the introduction of Lifestyle Homes.
For those who are looking to invest in lifestyle home that offers great convenience, easy accessibility, and a slew of amenities in a single location, they should look no further than the retail and residential development in Yishun called, Wisteria. Here are some of the highlights of Wisteria lifestyle homes.
For smart living – Wisteria as in-built home automation system that is installed on each and every residential unit. Through this very innovative system, the residents can virtually and intelligently control any device present in their home include AC units, lighting at living or dining area as well as in master’s bedroom. The main door can also be locked through the use of smart devices.
Spaces to retreat and relax – the residents can expect great relaxation and leisure pursuit with these lifestyle homes. Being equipped with wide ranging state of the art facilities, the fitness enthusiasts can freely choose an energizing dip in 50m free form lap pool or sweat out at aqua gymnasium and gym. For those people who prefer sitting back and lulling away the afternoon, there are lots of spaces available including the jaccuzi, wine pod, water lounge, steam room, leisure deck and sun deck among others. They also had a specially designed BBQ Pavilion that’s perfect for the intimate parties or merely just an unplanned evening outdoor dinner.
Host of Conveniences and Amenities – Wisteria is located at junction of Yishun Ring road and Yishun Avenue 4 which is really unbeatable in terms of convenience. The building is located within close proximity to different transportation link which include the SLE (Seletar Expressway) and the Katib MRT that make the travelling to other places a complete convenience. The soon to be constructed NSE (North South Expressway) will also drastically reduce the travelling time from and to the city.
The main advantage of this integrated retail and residential development is the Wisteria Mall, which provides the residents a slew of shopping and dining options right at their doorstep. For families with children going to school, this is neighboring to several education institutions such as GEMS World Academy, Naval Base Primary School, and Chongfu Primary School.
The location Wisteria is reinforced by its proximity to several commercial clusters such as the Seletar Aerospace Park, Seletar Regional Center, and the Woodland Regional Center.
According to the analysts, at the end of 2016, the private residential prices will fall up to 15%, and will continue to fall into 2017, but the decline rate is unlikely to exceed 20%. At the same time, the residential rental levels could drop by 8 to 15%, while the rate of vacancy could rise from 7.8% to 10% at the end of 2017.
In relation to the decreasing prices of residential properties, the mixed-use development, which includes both residential and commercial units in single complex, has been becoming really popular, with the increase number of the developers starting to opt for this mixed-use development. Data from URA (Urban Redevelopment)
Authority shows that the home builders only completely less than 19,000 residential units in 2015, which is less than their projected units of 21,359 for the same year; and this is due to the introduction of Lifestyle Homes.
For those who are looking to invest in lifestyle home that offers great convenience, easy accessibility, and a slew of amenities in a single location, they should look no further than the retail and residential development in Yishun called, Wisteria. Here are some of the highlights of Wisteria lifestyle homes.
For smart living – Wisteria as in-built home automation system that is installed on each and every residential unit. Through this very innovative system, the residents can virtually and intelligently control any device present in their home include AC units, lighting at living or dining area as well as in master’s bedroom. The main door can also be locked through the use of smart devices.
Spaces to retreat and relax – the residents can expect great relaxation and leisure pursuit with these lifestyle homes. Being equipped with wide ranging state of the art facilities, the fitness enthusiasts can freely choose an energizing dip in 50m free form lap pool or sweat out at aqua gymnasium and gym. For those people who prefer sitting back and lulling away the afternoon, there are lots of spaces available including the jaccuzi, wine pod, water lounge, steam room, leisure deck and sun deck among others. They also had a specially designed BBQ Pavilion that’s perfect for the intimate parties or merely just an unplanned evening outdoor dinner.
Host of Conveniences and Amenities – Wisteria is located at junction of Yishun Ring road and Yishun Avenue 4 which is really unbeatable in terms of convenience. The building is located within close proximity to different transportation link which include the SLE (Seletar Expressway) and the Katib MRT that make the travelling to other places a complete convenience. The soon to be constructed NSE (North South Expressway) will also drastically reduce the travelling time from and to the city.
The main advantage of this integrated retail and residential development is the Wisteria Mall, which provides the residents a slew of shopping and dining options right at their doorstep. For families with children going to school, this is neighboring to several education institutions such as GEMS World Academy, Naval Base Primary School, and Chongfu Primary School.
The location Wisteria is reinforced by its proximity to several commercial clusters such as the Seletar Aerospace Park, Seletar Regional Center, and the Woodland Regional Center.
Article 14: Budget: Tips and What to Expect
Singapore has excellent places where buying a property is not risky. If you are looking for a property for your residential and commercial purposes, you will have a great investment in this country. If you are considering transportation, there is nothing to worry because bus services and other kinds of transportation are being developed and enhanced, which is also available in the whole country; so, you are not taking any risk. In addition, you will be exposed to a lot of opportunities that you cannot afford to miss. Aside from these considerations, you also need to think about other important things like your budget. To guide you with the process, here are the following budgeting tips that you can use.
1. Ascertain your type. The first thing that you need to do is to know the house you prefer and your status as a buyer. Are you searching for a HDB flat, landed home or a condominium? Are you married, single, a Singapore citizen, a permanent resident or a foreigner? You can be able to buy a landed home or a condominium regardless of your nationality and marital status as long as you are 21 years old. If you are single, you can purchase HDB flat. However, you should be 35 years old. If you are a foreigner, you cannot buy HDB flats. Once you are already aware of your type, you will be guided all throughout the process. You are assured that you will have a great investment as well.
2. A buyer’s responsibility. As a buyer of a property, you will pay taxes. If you are a permanent resident, you will pay the Additional Buyer’s Stamp Duty (ABSD) for about five percent. And if you are a foreigner, you will also pay ABSD for about 15 percent. The tax that will be charged to you will depend on the market value of the property. If you decide to buy a very expensive residential or commercial establishment, it requires higher tax. But the percent to be imposed is the same as given above. The taxes that you will pay is just part of selling a property. Since, Singapore has a lot of places that are great to visit, your commercial building will be productive. You will never know, a few years from now, you will be successful in the industry. And if you will buy a condominium for your residential purpose, you will experience a holistic experience when it comes to historical places of the country and other places of interest.
Do you know that you have more chances of being successful in buying a property for your small commercial business? It is because the budget for 2016 in the country will be more focused on helping your business to be competitive despite of the challenges of the economy. So, take advantage of it! Knowing the budgeting tips and the anticipated budget for 2016 in Singapore, you will be helped a lot especially if you are planning to purchase a commercial building for your small business. Thus, you have to grab the opportunity now so that you will never miss it.
Singapore has excellent places where buying a property is not risky. If you are looking for a property for your residential and commercial purposes, you will have a great investment in this country. If you are considering transportation, there is nothing to worry because bus services and other kinds of transportation are being developed and enhanced, which is also available in the whole country; so, you are not taking any risk. In addition, you will be exposed to a lot of opportunities that you cannot afford to miss. Aside from these considerations, you also need to think about other important things like your budget. To guide you with the process, here are the following budgeting tips that you can use.
1. Ascertain your type. The first thing that you need to do is to know the house you prefer and your status as a buyer. Are you searching for a HDB flat, landed home or a condominium? Are you married, single, a Singapore citizen, a permanent resident or a foreigner? You can be able to buy a landed home or a condominium regardless of your nationality and marital status as long as you are 21 years old. If you are single, you can purchase HDB flat. However, you should be 35 years old. If you are a foreigner, you cannot buy HDB flats. Once you are already aware of your type, you will be guided all throughout the process. You are assured that you will have a great investment as well.
2. A buyer’s responsibility. As a buyer of a property, you will pay taxes. If you are a permanent resident, you will pay the Additional Buyer’s Stamp Duty (ABSD) for about five percent. And if you are a foreigner, you will also pay ABSD for about 15 percent. The tax that will be charged to you will depend on the market value of the property. If you decide to buy a very expensive residential or commercial establishment, it requires higher tax. But the percent to be imposed is the same as given above. The taxes that you will pay is just part of selling a property. Since, Singapore has a lot of places that are great to visit, your commercial building will be productive. You will never know, a few years from now, you will be successful in the industry. And if you will buy a condominium for your residential purpose, you will experience a holistic experience when it comes to historical places of the country and other places of interest.
Do you know that you have more chances of being successful in buying a property for your small commercial business? It is because the budget for 2016 in the country will be more focused on helping your business to be competitive despite of the challenges of the economy. So, take advantage of it! Knowing the budgeting tips and the anticipated budget for 2016 in Singapore, you will be helped a lot especially if you are planning to purchase a commercial building for your small business. Thus, you have to grab the opportunity now so that you will never miss it.
Article 13: Developers Are Confident In Selling Out All the Units before the Deadline
All developers in Singapore are sanguine or confident enough about Additional Buyer’s Stamp Duty (ABSD).
The developers who are tight-lipped on their marketing techniques are also confident that all of their projects will be sold out before the deadline. As you can see there are various developers in the country who are very optimistic enough about selling out all of their projects. It is because the demand for a real estate property for residential and commercial purposes have high demand. Meaning to say, there are a lot of buyers locally, nationally and internationally. This is because of the great things about the country such as transportation, places of interest, and other things. These things are needed for a great investment. And another good thing is that the government will allot budget on small businesses that will help them keep their competence in spite of economic challenges. So, if you are also planning to buy a property, you are taking the right path. But, you have to do it now because all properties are expected to be sold out before the ABSD deadline.
Michael Ng, the general manager of the Singapore Land which is sometimes called SingLand said that there are no units that will be left. And he said that there is no room for making the price of the property low. So, if you no longer see an available property, you can go for this developer because it still has projects.
The Mon Jervois and Bleu & Pollen, and Alex Residences (Redhill) will be charged of 10 percent if there are unsold units in 2017 particularly February, June, and December. However, in February 2016, Mon Jervois has 61 unsold units, Pollen and Blue for about for about 94 units, and for Alex Residences is 173 units. This means that they will be subjected to pay the 10 percent from ABSD. But the majority of the developers will sell out most of their units.
The City Development Ltd can also clear all of its units in its venture projects and at Jewel@Buangkok. The Venue Residences and the Bartley Ridge can also achieve the quota. So, they will also sell all of their units in the said projects on or before the deadline set by the ABSD.
ABSD started later 2011 that requires developers to improve their residential site they purchase, and sell all of their units within a period of time (5 years). If they will be able to enhance their residential site, and sell all the units, they will qualify or pass the ABSD remission. If they will fail, they will pay 10 percent on the land cost. Aside from that it has interest for about 5 percent annually. However, you will pay more once you buy a residential site from January 12, 2013 up to present. It is for about 15 percent.
As you notice, majority of the developers can sell all of their units before the deadline. This is because of the higher demand of many people on real estate investment in the country. So, if you want also to purchase a property, be it.
All developers in Singapore are sanguine or confident enough about Additional Buyer’s Stamp Duty (ABSD).
The developers who are tight-lipped on their marketing techniques are also confident that all of their projects will be sold out before the deadline. As you can see there are various developers in the country who are very optimistic enough about selling out all of their projects. It is because the demand for a real estate property for residential and commercial purposes have high demand. Meaning to say, there are a lot of buyers locally, nationally and internationally. This is because of the great things about the country such as transportation, places of interest, and other things. These things are needed for a great investment. And another good thing is that the government will allot budget on small businesses that will help them keep their competence in spite of economic challenges. So, if you are also planning to buy a property, you are taking the right path. But, you have to do it now because all properties are expected to be sold out before the ABSD deadline.
Michael Ng, the general manager of the Singapore Land which is sometimes called SingLand said that there are no units that will be left. And he said that there is no room for making the price of the property low. So, if you no longer see an available property, you can go for this developer because it still has projects.
The Mon Jervois and Bleu & Pollen, and Alex Residences (Redhill) will be charged of 10 percent if there are unsold units in 2017 particularly February, June, and December. However, in February 2016, Mon Jervois has 61 unsold units, Pollen and Blue for about for about 94 units, and for Alex Residences is 173 units. This means that they will be subjected to pay the 10 percent from ABSD. But the majority of the developers will sell out most of their units.
The City Development Ltd can also clear all of its units in its venture projects and at Jewel@Buangkok. The Venue Residences and the Bartley Ridge can also achieve the quota. So, they will also sell all of their units in the said projects on or before the deadline set by the ABSD.
ABSD started later 2011 that requires developers to improve their residential site they purchase, and sell all of their units within a period of time (5 years). If they will be able to enhance their residential site, and sell all the units, they will qualify or pass the ABSD remission. If they will fail, they will pay 10 percent on the land cost. Aside from that it has interest for about 5 percent annually. However, you will pay more once you buy a residential site from January 12, 2013 up to present. It is for about 15 percent.
As you notice, majority of the developers can sell all of their units before the deadline. This is because of the higher demand of many people on real estate investment in the country. So, if you want also to purchase a property, be it.
Article 12: A Bit About Mold
There are a number of little things to look out for when purchasing a new home. Normally the things to consider includes such things as location, wiring, the condition of the house itself, and several other factors. One of these factors that the home buying public is becoming more concerned with is mold. There are many different types of mold that can occur in a home and lead not only to structural damage, but some health concerns as well. Mold is difficult to find in many homes as it grows exclusively in dark and moist areas that are usually hidden somewhere in the structural areas of the home such as attics and basements. By the time mold shows up in the actual living areas, chances are that it is all through the home.
One of the most likely places for mold to form is anywhere that moisture is improperly vented. Another area of concern is if a home has ever flooded and was not completely or properly cleaned and dried after. Leaky plumbing and basement crawlspaces are other likely candidates. Mold can be a difficult thing to completely get rid of as the only thing it needs to continue growth is an organic material such as wood, and moisture. Both of these items are usually abundant in any home. The most likely was that moisture finds its way into the home is through faulty or leaky roofs and foundations. Both of these areas should be checked over by an experienced mold inspector on a fairly regular basis if there is any worry of mold beginning to grow, or if these has been mold in the past. Mold can be an expensive problem to deal with so be pro-active about looking for it, it can save you money in the long run.
There are a number of little things to look out for when purchasing a new home. Normally the things to consider includes such things as location, wiring, the condition of the house itself, and several other factors. One of these factors that the home buying public is becoming more concerned with is mold. There are many different types of mold that can occur in a home and lead not only to structural damage, but some health concerns as well. Mold is difficult to find in many homes as it grows exclusively in dark and moist areas that are usually hidden somewhere in the structural areas of the home such as attics and basements. By the time mold shows up in the actual living areas, chances are that it is all through the home.
One of the most likely places for mold to form is anywhere that moisture is improperly vented. Another area of concern is if a home has ever flooded and was not completely or properly cleaned and dried after. Leaky plumbing and basement crawlspaces are other likely candidates. Mold can be a difficult thing to completely get rid of as the only thing it needs to continue growth is an organic material such as wood, and moisture. Both of these items are usually abundant in any home. The most likely was that moisture finds its way into the home is through faulty or leaky roofs and foundations. Both of these areas should be checked over by an experienced mold inspector on a fairly regular basis if there is any worry of mold beginning to grow, or if these has been mold in the past. Mold can be an expensive problem to deal with so be pro-active about looking for it, it can save you money in the long run.
Article 11: Renovation businesses now has a new accreditation
Renovation businesses now has a new accreditation
Probably long overdue, the renovation industry has finally seen a new voluntary accreditation scheme launched so as to give property owners better confidence when appointing the services of renovation contractors.
This is a CaseTrust-RCMA joint accreditation developed by the Singapore Renovation Contractors and Material Suppliers Association (RCMA) and the Consumers Association of Singapore (CASE) after a follow up of an agreement signed in 2014
This new new scheme also protects the deposits of property owners in the even of a bankruptcy of the renovators. The scheme also require renovators to have proper and concise dispute-resolution mechanisms, on-site assessment, professionally trained staff and transparent policies on fees and refunds.
The renovation and contractor industry has traditionally been plagued with one of the most complaints that CASE has received.
Renovation businesses now has a new accreditation
Probably long overdue, the renovation industry has finally seen a new voluntary accreditation scheme launched so as to give property owners better confidence when appointing the services of renovation contractors.
This is a CaseTrust-RCMA joint accreditation developed by the Singapore Renovation Contractors and Material Suppliers Association (RCMA) and the Consumers Association of Singapore (CASE) after a follow up of an agreement signed in 2014
This new new scheme also protects the deposits of property owners in the even of a bankruptcy of the renovators. The scheme also require renovators to have proper and concise dispute-resolution mechanisms, on-site assessment, professionally trained staff and transparent policies on fees and refunds.
The renovation and contractor industry has traditionally been plagued with one of the most complaints that CASE has received.
Article 10: Prefabricated Pre-finished Volumetric Construction
Prefabricated Pre-finished Volumetric Construction or PPVC, the construction method utilized for hotel extension of Crowne Plaza Changi Airport Hotel
The developer of the new Crowne Plaza Changi Airport hotel Airport, has used the PPVC construction method to complete the top eight storeys of the hotel in a mere one month period.
Ready made rooms, complete with lightings, carpets and even bathtubs, were manufactured in Shanghai and shipped into Singapore for assembly on site.
Irene Meta, Senior Vice President of Development & Projects at OUE Limited, the developer of the project, has announced that the PPVC technology allows them to overcome construction issues on the small site, example, limited access, limited timing on traffic delivery and saves a lot of time.
Only 300, instead of the usual 1250 trips, are required for this extension, and took four months instead of the usual twelve months to complete the project. Manpower has also been reduced from 60 to 36 workers.
National Development Minister Lawrence Wong, feels that this project serves to show how PPVC can achieve better results.
Prefabricated Pre-finished Volumetric Construction or PPVC, the construction method utilized for hotel extension of Crowne Plaza Changi Airport Hotel
The developer of the new Crowne Plaza Changi Airport hotel Airport, has used the PPVC construction method to complete the top eight storeys of the hotel in a mere one month period.
Ready made rooms, complete with lightings, carpets and even bathtubs, were manufactured in Shanghai and shipped into Singapore for assembly on site.
Irene Meta, Senior Vice President of Development & Projects at OUE Limited, the developer of the project, has announced that the PPVC technology allows them to overcome construction issues on the small site, example, limited access, limited timing on traffic delivery and saves a lot of time.
Only 300, instead of the usual 1250 trips, are required for this extension, and took four months instead of the usual twelve months to complete the project. Manpower has also been reduced from 60 to 36 workers.
National Development Minister Lawrence Wong, feels that this project serves to show how PPVC can achieve better results.
Article 9: MRT Downtown Line 2 Has Boosted Property Sales & Transactions
In December 2015, the Singapore MRT Downtown Line 2 has just completed and there are signs that the MRT effect is in place when statistics from Knight Frank's analyst have shown that for condos along major roads close to the new Downtown Line stations, the average prices increased from 4.5% to $1592 psf from third to fourth quarter 2015.
This is a level above the nationwide performance. In the last 24 months, the average prices of these condos have strengthened by 3.58% while the property price index weakened by abt 3.58%
More buyer interest have been seen in condo such as the Eco Sanctuary, which sold 9% more in the 11 months leading to November 2015, according to RST Research Director Ong Kah Seng.
Skywoods at Diary Farm Heights went from 43 to 85% sold and Hillviiew Peak at Hillview Rise sales went from 33% to 46% sold.
Robin Residences (very near to Stevens MRT Station saw the medium prices increase a more modest 0.3% to $2378 psf
In December 2015, the Singapore MRT Downtown Line 2 has just completed and there are signs that the MRT effect is in place when statistics from Knight Frank's analyst have shown that for condos along major roads close to the new Downtown Line stations, the average prices increased from 4.5% to $1592 psf from third to fourth quarter 2015.
This is a level above the nationwide performance. In the last 24 months, the average prices of these condos have strengthened by 3.58% while the property price index weakened by abt 3.58%
More buyer interest have been seen in condo such as the Eco Sanctuary, which sold 9% more in the 11 months leading to November 2015, according to RST Research Director Ong Kah Seng.
Skywoods at Diary Farm Heights went from 43 to 85% sold and Hillviiew Peak at Hillview Rise sales went from 33% to 46% sold.
Robin Residences (very near to Stevens MRT Station saw the medium prices increase a more modest 0.3% to $2378 psf
Article 8: 2015 Ends With Slightly Better Sales Than 2014
Developers residential sales dropped about 50% to 384 units in December 2015 from the 759 units sold in Novrmber 2015. This is according to figures released by URA.
The traditional lull year end holiday period plus cautious market maybe reason. Another two reasons could be there were only 173 units launched in December and the continued effect of cooling measures and TDSR
Best seller in December was Poiz Residences but even that only sold 64 units.
Overall, on the bright side, the total of units sold in 2015 is 7,625, a 2.5% increase over the total number of units sold in 2014, and that, even though developers new units launched were 7.4% lower in 2014.
Although short term prospects are not as bright, the long term prospects of Singapore's economy and property market remains optimistic with the project of an increment of around 25% increase in the population with the population white paper.
Developers residential sales dropped about 50% to 384 units in December 2015 from the 759 units sold in Novrmber 2015. This is according to figures released by URA.
The traditional lull year end holiday period plus cautious market maybe reason. Another two reasons could be there were only 173 units launched in December and the continued effect of cooling measures and TDSR
Best seller in December was Poiz Residences but even that only sold 64 units.
Overall, on the bright side, the total of units sold in 2015 is 7,625, a 2.5% increase over the total number of units sold in 2014, and that, even though developers new units launched were 7.4% lower in 2014.
Although short term prospects are not as bright, the long term prospects of Singapore's economy and property market remains optimistic with the project of an increment of around 25% increase in the population with the population white paper.
Article 7: Nationals Of Iceland, Liechtenstein, Norway, Switzerland & USA Saves On 15% On Stamp Duties
Nationals and Permanent Residents of countries which Singapore has special Free Trade Agreements (FTAs) with Singapore are accorded the same Stamp Duty treatment as Singapore Citizens when they buy Singapore properties, which means, unlike nationals of other countries who have to pay a total of 18(15+3)% when buying Singapore properties, citizens of these countries only pay 3% of stamp duties for their first residential property, same as Singapore citizens. Other conditions applicable will be that this is the only residential property will be that they don't currently own any other Singaporean properties and all buyers of this property(if it is a joint purchase) are of the nationalities that are able to enjoy this benefit and fulfill the conditions.
This essentially means these citizens essentially save a whopping 15% of the property price compared to foreigners from other countries. For a property value of US$1 million, this will translate into a saving of US$150,000!
Under the respective FTAs, Nationals or Residents of the following countries will enjoy the same stamp duty treatment as Singapore citizens:
1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
2. Nationals of the United States of America
A copy of the passport is required as supporting documents to apply for the remission of the 15% stamp duty or ABSD(Additional Buyer's Stamp Duty) for these nationals. One can refer to the Inland Revenue of Singapore website.
So what does this mean if you are one of those who enjoy this benefit?
The interest in Singapore real estate is still strong despite the cooling measures in the past few years and slowing economies in certain Asian countries and Singapore. But one of the biggest hurdles to foreigners buying Singapore properties is the 15% additional stamp duty levied on foreigners.
So properties prices have fallen of late due to such and other cooling measures. But it is meant to be a temporary cooling measures and not a long term policy, though the government is not saying when they will lift it, but speculations are that they(government) will ease these measures one day.
So what happens when these measures are eased? Likelihood is that the interest from local Singaporeans and foreigners will return to snap up properties like what they did a few years back. That's when one should make use of the opportunity now to take up a Singapore property, especially for those who are privileged not to pay the 15% duties like local Singaporeans.
In the long run, the Singapore government has a grand plan to increase the population from the current 5.54 million people to up till 6.9 million people in 2030. Read on the Population White Paper.
The increase will mainly be by inviting more educated and highly productive professionals to live in Singapore as Permanent Residents and expatriates. That's almost a 25% increase in population! Just imagine the number of infrastructures that are need to accommodate the extra 25% population. The number of extra residential property units need is enormous. It will potentially be the next wave of growth for Singapore and by investing in Singapore properties now, you can secure a foothold in enjoying the growth of Singapore.
Don't miss the opportunity, read on the list of residential condos direct from Singapore developers now! Or contact me here.
Nationals and Permanent Residents of countries which Singapore has special Free Trade Agreements (FTAs) with Singapore are accorded the same Stamp Duty treatment as Singapore Citizens when they buy Singapore properties, which means, unlike nationals of other countries who have to pay a total of 18(15+3)% when buying Singapore properties, citizens of these countries only pay 3% of stamp duties for their first residential property, same as Singapore citizens. Other conditions applicable will be that this is the only residential property will be that they don't currently own any other Singaporean properties and all buyers of this property(if it is a joint purchase) are of the nationalities that are able to enjoy this benefit and fulfill the conditions.
This essentially means these citizens essentially save a whopping 15% of the property price compared to foreigners from other countries. For a property value of US$1 million, this will translate into a saving of US$150,000!
Under the respective FTAs, Nationals or Residents of the following countries will enjoy the same stamp duty treatment as Singapore citizens:
1. Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
2. Nationals of the United States of America
A copy of the passport is required as supporting documents to apply for the remission of the 15% stamp duty or ABSD(Additional Buyer's Stamp Duty) for these nationals. One can refer to the Inland Revenue of Singapore website.
So what does this mean if you are one of those who enjoy this benefit?
The interest in Singapore real estate is still strong despite the cooling measures in the past few years and slowing economies in certain Asian countries and Singapore. But one of the biggest hurdles to foreigners buying Singapore properties is the 15% additional stamp duty levied on foreigners.
So properties prices have fallen of late due to such and other cooling measures. But it is meant to be a temporary cooling measures and not a long term policy, though the government is not saying when they will lift it, but speculations are that they(government) will ease these measures one day.
So what happens when these measures are eased? Likelihood is that the interest from local Singaporeans and foreigners will return to snap up properties like what they did a few years back. That's when one should make use of the opportunity now to take up a Singapore property, especially for those who are privileged not to pay the 15% duties like local Singaporeans.
In the long run, the Singapore government has a grand plan to increase the population from the current 5.54 million people to up till 6.9 million people in 2030. Read on the Population White Paper.
The increase will mainly be by inviting more educated and highly productive professionals to live in Singapore as Permanent Residents and expatriates. That's almost a 25% increase in population! Just imagine the number of infrastructures that are need to accommodate the extra 25% population. The number of extra residential property units need is enormous. It will potentially be the next wave of growth for Singapore and by investing in Singapore properties now, you can secure a foothold in enjoying the growth of Singapore.
Don't miss the opportunity, read on the list of residential condos direct from Singapore developers now! Or contact me here.
Article 6: The Sales Of GCB Continue To Increase
The Good Class Bungalow market has recorded thirty-four transactions as of this year 2015. This started from the 28 deals that amount to 626 million dollars from the previous year. This was also reported by The Business Times.
GCBs are also regarded as the most prominent type of landed housing located in Singapore. This is also mainly due to the planning constraints executed by the URA. This has actually designated thirty-nine locations in the central Singapore.
As per the latest figure, this is all about the market that shows its best since the year of 2012. This was also when fifty-four GCB’s went through a transaction that amount to 1.7 billion dollars.
The managing director of the Realstar Premier Group named William Wong believed that the GCB prices fell by 10% to 15% since last year.
The Holland/Dalvey is truly an excellent GCB. These were once sold at a price range of 30 to 32 million dollars the previous year. At the present time, these are simply to be fetched at a price of 25 to 27 million dollars.
As per the price drop, this was mainly due to the weaker economic sentiment around the globe and including Singapore. Even owners are believed to be more realistic in their so-called pricing. This is especially for those who have not successfully find a buyer right after advertising their property in the market.
Apart from it, there are only a few of GCB’s transactions that are priced below twenty-million dollars. This simply brought the GCB’s overall asking prices to move up and move down.
As per the prices, they fell by about ten per cent just the previous year. The price also dropped to higher interest rates. These were all stated by none other than Samuel Eyo.
Even though the prices of GCB declined in the year of 2015, there were 2-record price transactions. The first recorded price transaction is the 19.7 million dollar paid for 35 Ridout Road and the 33 million dollar sale of a 3-year old bungalow located in Bishopsgate.
Eyo is expecting that the GCB prices will be dipping by five per cent. But, this is possible if the government does not simplify the cooling measures of the property. This is also in the event that the interest rates still continue to increase.
Wong is also expecting that the GCB prices will continue to fall as per the first half of the year. This is also despite the absence of positive stimulus. A ten-per cent increase is expected in the transaction volumes for the entire year. This is also despite the expectations of sellers and buyers on the pricings.
The Good Class Bungalow market has recorded thirty-four transactions as of this year 2015. This started from the 28 deals that amount to 626 million dollars from the previous year. This was also reported by The Business Times.
GCBs are also regarded as the most prominent type of landed housing located in Singapore. This is also mainly due to the planning constraints executed by the URA. This has actually designated thirty-nine locations in the central Singapore.
As per the latest figure, this is all about the market that shows its best since the year of 2012. This was also when fifty-four GCB’s went through a transaction that amount to 1.7 billion dollars.
The managing director of the Realstar Premier Group named William Wong believed that the GCB prices fell by 10% to 15% since last year.
The Holland/Dalvey is truly an excellent GCB. These were once sold at a price range of 30 to 32 million dollars the previous year. At the present time, these are simply to be fetched at a price of 25 to 27 million dollars.
As per the price drop, this was mainly due to the weaker economic sentiment around the globe and including Singapore. Even owners are believed to be more realistic in their so-called pricing. This is especially for those who have not successfully find a buyer right after advertising their property in the market.
Apart from it, there are only a few of GCB’s transactions that are priced below twenty-million dollars. This simply brought the GCB’s overall asking prices to move up and move down.
As per the prices, they fell by about ten per cent just the previous year. The price also dropped to higher interest rates. These were all stated by none other than Samuel Eyo.
Even though the prices of GCB declined in the year of 2015, there were 2-record price transactions. The first recorded price transaction is the 19.7 million dollar paid for 35 Ridout Road and the 33 million dollar sale of a 3-year old bungalow located in Bishopsgate.
Eyo is expecting that the GCB prices will be dipping by five per cent. But, this is possible if the government does not simplify the cooling measures of the property. This is also in the event that the interest rates still continue to increase.
Wong is also expecting that the GCB prices will continue to fall as per the first half of the year. This is also despite the absence of positive stimulus. A ten-per cent increase is expected in the transaction volumes for the entire year. This is also despite the expectations of sellers and buyers on the pricings.
Article 5: Location And Pricing Are The Essential Keys That Help Attract Buyers
Based on the launch of the properties last year, most home buyers are going for reasonably priced homes found in good locations. This is also according to the report that was released by The Straits Times.
Three projects were also performed at their best during their launch. This was also despite the cooling measures, the location and the pricing.
In Sengkang, the High Park Residences moved one-thousand one-hundred sixty-nine units at such a median price of $989 psf. On the other hand, the North Park Residences located in Yishun sold 486 units at such a median price of $1374 psf.
In addition, the Poiz Residences located in Potong Pasir moved 277 units at such a median price of $1440 psf.
The executive officer of ERA Realty named Eugene Lim noted that the projects sold in 2015 were presented in their attractive prices. The projects were all situated and were all closer to an existing or upcoming MRT station. This is located near the various amenities like reputable schools and shopping malls.
Buyers are even more expected of distinguishing new projects. The location and the price are still the most determining factors behind the performance of a project. Mohamed Ismail also stated that a project is believed to be highly attractive to most home buyers when priced at the lower end prior to the location.
As per the Core Central Region, this is expected to be closer to $2000 psf and nearer to $1000 psf. The rest located to the Central Region is expected to be closer to $1500 psf.
A premium is also charged due to the availability of the transportation and the location. Ismail also noted that buyers are showing their willingness of paying a premium for their mixed-used projects such as the DUO Residences, North Park Residences and J Gateway.
In almost all cases, the price is still believed to be the main factor.
Based on the launch of the properties last year, most home buyers are going for reasonably priced homes found in good locations. This is also according to the report that was released by The Straits Times.
Three projects were also performed at their best during their launch. This was also despite the cooling measures, the location and the pricing.
In Sengkang, the High Park Residences moved one-thousand one-hundred sixty-nine units at such a median price of $989 psf. On the other hand, the North Park Residences located in Yishun sold 486 units at such a median price of $1374 psf.
In addition, the Poiz Residences located in Potong Pasir moved 277 units at such a median price of $1440 psf.
The executive officer of ERA Realty named Eugene Lim noted that the projects sold in 2015 were presented in their attractive prices. The projects were all situated and were all closer to an existing or upcoming MRT station. This is located near the various amenities like reputable schools and shopping malls.
Buyers are even more expected of distinguishing new projects. The location and the price are still the most determining factors behind the performance of a project. Mohamed Ismail also stated that a project is believed to be highly attractive to most home buyers when priced at the lower end prior to the location.
As per the Core Central Region, this is expected to be closer to $2000 psf and nearer to $1000 psf. The rest located to the Central Region is expected to be closer to $1500 psf.
A premium is also charged due to the availability of the transportation and the location. Ismail also noted that buyers are showing their willingness of paying a premium for their mixed-used projects such as the DUO Residences, North Park Residences and J Gateway.
In almost all cases, the price is still believed to be the main factor.
Article 4: Advantages Of Buying Developers Property In Singapore
Most expatriates nowadays decide to make Singapore as their permanent home rather than leaving from their workplace for good after their assignment or returning after their retirement back to their hometown. With these reason why here are more and more individuals who are investing their money just to acquire a property in Singapore and decide to live here for good. And one of the key advantage of applying for Singapore as equivalent to U.S green card has something to do with the accessible PR (permanent residency)—mainly relating to the taxes or the so called ‘Singapore Central Provident Fund’, which gives you the eligibility to use your CPF savings for financing a home.
But even if you do not hold a PR, you can still have the chance to own a property in Singapore through purchasing a developer’s unit that is relative to your preference, financial capability, and lifestyle that you’re intending to lead as you stay in Singapore. Buying developer’s unit in Singapore doesn’t only provides you the satisfaction of living here, but it also gives you the advantage of owning a property without any worries regarding the past proprietorship of the home. However, not all buyers are willing to take the opportunity of purchasing a new property, rather, they still go for a resale option, which on the other hand can cause numerous downside on their side. Hence, as a buyer, you need to be aware about the advantages of purchasing a developer’s unit instead of suffering from the cons of resale option.
Advantages of Buying From Developers:
Brand New Property - When you become the first owner of the property, investors doesn’t need to worry about the previous documents and proprietorship of the unit. Whilst, if you properly maintained your property’s value, growing the equity of your unit will not be a hassle on your end as equity can be later used for securing your future loans or securing your retirement.
Progressive Payments - Investors will have the advantage of managing their finances. The loan drawdown is stages and installment will also start in low rate, thus allowing you to build up the ‘nest egg’ during its construction. And if invested wisely, in purchasing the property may run you 100 percent profit just within the year. If one’s investment time horizon is within a limited period, say 2 years, you can sell your property into a risking market and even make profit out of it before the substantial drawdown on the bank load issues a TOP (Temporary Occupation Permit). Developers may also negotiate with the bank to offer more attractive financing packages for the prospective home buyers.
Defects Liability Period - Developers can guarantee buyers against any defects for the first 12 months from TOP.
Early Bird Discounts - Some developers can offer investors with special prices, especially for those who are willing to commit even before the showflats are ready. Developers can also reduce discount levels or setup prices especially when the sales is strong. Thus, early buyers stand to make paper gains immediately.
Choice Units - If you’re first on the list, all units released at hand is available for your selection.
Configurable - In most cases, many developers provides room for several or minor adjustments. These can include the selection of materials, tiles, finishes, or other modification that you want for your property.
Most expatriates nowadays decide to make Singapore as their permanent home rather than leaving from their workplace for good after their assignment or returning after their retirement back to their hometown. With these reason why here are more and more individuals who are investing their money just to acquire a property in Singapore and decide to live here for good. And one of the key advantage of applying for Singapore as equivalent to U.S green card has something to do with the accessible PR (permanent residency)—mainly relating to the taxes or the so called ‘Singapore Central Provident Fund’, which gives you the eligibility to use your CPF savings for financing a home.
But even if you do not hold a PR, you can still have the chance to own a property in Singapore through purchasing a developer’s unit that is relative to your preference, financial capability, and lifestyle that you’re intending to lead as you stay in Singapore. Buying developer’s unit in Singapore doesn’t only provides you the satisfaction of living here, but it also gives you the advantage of owning a property without any worries regarding the past proprietorship of the home. However, not all buyers are willing to take the opportunity of purchasing a new property, rather, they still go for a resale option, which on the other hand can cause numerous downside on their side. Hence, as a buyer, you need to be aware about the advantages of purchasing a developer’s unit instead of suffering from the cons of resale option.
Advantages of Buying From Developers:
Brand New Property - When you become the first owner of the property, investors doesn’t need to worry about the previous documents and proprietorship of the unit. Whilst, if you properly maintained your property’s value, growing the equity of your unit will not be a hassle on your end as equity can be later used for securing your future loans or securing your retirement.
Progressive Payments - Investors will have the advantage of managing their finances. The loan drawdown is stages and installment will also start in low rate, thus allowing you to build up the ‘nest egg’ during its construction. And if invested wisely, in purchasing the property may run you 100 percent profit just within the year. If one’s investment time horizon is within a limited period, say 2 years, you can sell your property into a risking market and even make profit out of it before the substantial drawdown on the bank load issues a TOP (Temporary Occupation Permit). Developers may also negotiate with the bank to offer more attractive financing packages for the prospective home buyers.
Defects Liability Period - Developers can guarantee buyers against any defects for the first 12 months from TOP.
Early Bird Discounts - Some developers can offer investors with special prices, especially for those who are willing to commit even before the showflats are ready. Developers can also reduce discount levels or setup prices especially when the sales is strong. Thus, early buyers stand to make paper gains immediately.
Choice Units - If you’re first on the list, all units released at hand is available for your selection.
Configurable - In most cases, many developers provides room for several or minor adjustments. These can include the selection of materials, tiles, finishes, or other modification that you want for your property.
Article 3: Short Term And Long Term Stay In Singapore Residential Homes
In the past decades, Singapore was able to come up with the record as the best country that offers short term and long term residential homes, which is still clearly evident today. With the great view, fun and amazing tourist spots, excellent governance and others, you can rest assure that you will get nothing but high quality level of stay in the country of Singapore even if you opt for a short term or for a long term stay.
The residential homes as well as condos in Singapore are built in the best quality in order to make sure that each resident is safe and secured. Aside from that, each residents and condos are also located in a place with an easy access of transportation in order to make sure that each residents will have the convenience to roam around the city and visit the place that they want to take a visit.
Aside from that, the excellent governance that they have can rest assure that you are having the best stay in the place because they provide a wide range of rules and laws in order to make sure that each citizens, residents as well as tourists and visitors that will live in the city are free from any harm brought by bad entities.
Each residential homes as well as condominiums are built from the best quality in order to make sure the safety and the security of each residents living in the place. In addition to that, the wide range of great views and beautiful tourist spots is going to add more color in your stay in Singapore.
The amount that you pay for in the residential homes and condos in Singapore are only the amount you deserve. You are only paying the things that covers the services and the benefits that you get in your stay in Singapore, nothing more and nothing less. For that reason, you can rest assure that you are just paying the amount that is right for you. They are not charging you with an amount which is not covered by your plans, as well as with the residential policies that you have.
The management of each residential home providers in Singapore are reliable and trustworthy so you can rest assure that you are only paying for the things that you benefit from. So if you are looking for a place to stay whether for a short term or for a long term stay in any reasons, then the country of Singapore most especially their residential homes and condos are the best choice to have. You can rest assure that your short term or long term stay here is going to be a one of a kind experience because of the great benefits that you can get from them. So get a residential home in Singapore now and enjoy your stay in this place.
In the past decades, Singapore was able to come up with the record as the best country that offers short term and long term residential homes, which is still clearly evident today. With the great view, fun and amazing tourist spots, excellent governance and others, you can rest assure that you will get nothing but high quality level of stay in the country of Singapore even if you opt for a short term or for a long term stay.
The residential homes as well as condos in Singapore are built in the best quality in order to make sure that each resident is safe and secured. Aside from that, each residents and condos are also located in a place with an easy access of transportation in order to make sure that each residents will have the convenience to roam around the city and visit the place that they want to take a visit.
Aside from that, the excellent governance that they have can rest assure that you are having the best stay in the place because they provide a wide range of rules and laws in order to make sure that each citizens, residents as well as tourists and visitors that will live in the city are free from any harm brought by bad entities.
Each residential homes as well as condominiums are built from the best quality in order to make sure the safety and the security of each residents living in the place. In addition to that, the wide range of great views and beautiful tourist spots is going to add more color in your stay in Singapore.
The amount that you pay for in the residential homes and condos in Singapore are only the amount you deserve. You are only paying the things that covers the services and the benefits that you get in your stay in Singapore, nothing more and nothing less. For that reason, you can rest assure that you are just paying the amount that is right for you. They are not charging you with an amount which is not covered by your plans, as well as with the residential policies that you have.
The management of each residential home providers in Singapore are reliable and trustworthy so you can rest assure that you are only paying for the things that you benefit from. So if you are looking for a place to stay whether for a short term or for a long term stay in any reasons, then the country of Singapore most especially their residential homes and condos are the best choice to have. You can rest assure that your short term or long term stay here is going to be a one of a kind experience because of the great benefits that you can get from them. So get a residential home in Singapore now and enjoy your stay in this place.
Article 2: Is Residential Still A Good Investment In Singapore?
Singapore had seen that their residential sales are still a good investment to have compared to other residential units being sold in the other parts of the world. If you are looking for long term or short term type of residence, then at Singapore, you will be able to get the best residential areas. With the highly industrialized environment that revolves around Singapore, a number of tourists find it interesting to live in because of the good governance as well as the excellent views and tourist spots that they can have and enjoy.
Every home contains complete facilities that each family need. Aside from that, there is also an easy way of transportation so that every resident would be able to find it easier to commute and go to place that they want to visit in Singapore. You can also rest assure that when you purchase a residential home in Singapore, you will enjoy the entire good policy rates as and you family will only pay the amount that you deserve based from the things that you get to enjoy upon your long term or short term stay in Singapore.
With the wide range of things that you can do all over the country of Singapore, you are going to really enjoy your stay here. The amount that you will pay for your residential homes offers great policies and you can also rest assure that you are going to get a high quality of residential services that you truly deserve. If you are going to look ahead, you will see that Singapore is going to be the next generation of excellent residential homes in the whole world because of the high quality service that they have in the construction of homes, the great access on the place wherein the house was situated, the convenience that you and your loved ones will surely enjoy, the fun and exciting activities that you’ve got to enjoy, the beautiful views, the excellent governance and so on and so forth.
Singapore as a beautiful land to live and to take a visit, you can rest assure that your stay here is going to be a memory and a one of a kind experience. The amount that you are going to pay for the residential homes that you will purchase covers all the expenses that you get in your whole stay in Singapore whether you are for a short term to take a tour all over the beautiful place or Singapore or for a long term stay because you are about to migrate in this place.
The residential homes in Singapore are built with greatness and with the future in mind in order to make sure your safety as well as the high level of your experience staying in this place. So if you are looking for a place to visit and to buy home, then Singapore is one of the best choice that you will have
Singapore had seen that their residential sales are still a good investment to have compared to other residential units being sold in the other parts of the world. If you are looking for long term or short term type of residence, then at Singapore, you will be able to get the best residential areas. With the highly industrialized environment that revolves around Singapore, a number of tourists find it interesting to live in because of the good governance as well as the excellent views and tourist spots that they can have and enjoy.
Every home contains complete facilities that each family need. Aside from that, there is also an easy way of transportation so that every resident would be able to find it easier to commute and go to place that they want to visit in Singapore. You can also rest assure that when you purchase a residential home in Singapore, you will enjoy the entire good policy rates as and you family will only pay the amount that you deserve based from the things that you get to enjoy upon your long term or short term stay in Singapore.
With the wide range of things that you can do all over the country of Singapore, you are going to really enjoy your stay here. The amount that you will pay for your residential homes offers great policies and you can also rest assure that you are going to get a high quality of residential services that you truly deserve. If you are going to look ahead, you will see that Singapore is going to be the next generation of excellent residential homes in the whole world because of the high quality service that they have in the construction of homes, the great access on the place wherein the house was situated, the convenience that you and your loved ones will surely enjoy, the fun and exciting activities that you’ve got to enjoy, the beautiful views, the excellent governance and so on and so forth.
Singapore as a beautiful land to live and to take a visit, you can rest assure that your stay here is going to be a memory and a one of a kind experience. The amount that you are going to pay for the residential homes that you will purchase covers all the expenses that you get in your whole stay in Singapore whether you are for a short term to take a tour all over the beautiful place or Singapore or for a long term stay because you are about to migrate in this place.
The residential homes in Singapore are built with greatness and with the future in mind in order to make sure your safety as well as the high level of your experience staying in this place. So if you are looking for a place to visit and to buy home, then Singapore is one of the best choice that you will have
Article 1: Singapore Properties Worthy Investments That Will Build Your Wealth
Investing on a property is not an easy task, right? It will allow the investors to encounter risks and difficulties in business. Nothing will be called as “success” if you are not aware of the opportunities. In the recent time, there are plenty of residential units and establishments which are offered by Singapore. Some are already sold due to the guarantee of decent income and great investment. URA or Urban Redevelopment Authority revealed that it is really ideal to discover what Singapore offers.
Instead of being too dependent on the other locations, it is recommended to look for properties in financially stable countries. When it comes to opportunities, it is not applicable to miss any single moment. It is a fact that the home sales get into a high boost. In fact, there is a 79 % increase on the total sales in private home properties. If you want to get the most out of your investment, decision making must be anchored with careful thinking. This will lead you to a productive journey. Regret will never interrupt you along the way.
A good example of the impressive sales is found at “The Poiz residences” of the MCC Land. The company was able to sell 277 units on great prices. The clients were satisfied with the high value and overall look of the properties. Sky Vue is another project which reflects how competent Singapore is in terms of offering homes and condominiums. Guocoland and UOL Group are the next top performing companies in the industry. If you are currently roaming around the country, it is helpful if you are familiar with the names of potential firms to find worthy investments.
When it comes to the condition of the buildings, there will be no major concern. Everything you see within the country will be satisfying for your eyes. There’s no space for disappointment and worries. The initial construction of the buildings involves proper planning and durable materials. The developers wouldn’t want to hear negative comments from the clients so they give an assurance that everything will be favorable.
It is ordinary to think of the cost of any purchase. At first, you may think that acquiring a property will lead you to poverty. You don’t need to suffer from nonsense thoughts. Instead of being too burdened, it is ideal to start negotiating with the real estate agents in Singapore. This will lessen your doubts in the long run. Whether you have chosen an expensive or cheap property, your money will return to your account after few months. Patience will save you from giving up. Along with your financial resources and capital, it is also essential to be watchful about the values within you. Any goal would be easy to accomplish if you will have the courage to explore the industry.
Finding a property in Singapore will definitely make you believe that building wealth is possible. With the investment you have, there is a guarantee that you will get into the financial goals in a short term and long term basis.
Investing on a property is not an easy task, right? It will allow the investors to encounter risks and difficulties in business. Nothing will be called as “success” if you are not aware of the opportunities. In the recent time, there are plenty of residential units and establishments which are offered by Singapore. Some are already sold due to the guarantee of decent income and great investment. URA or Urban Redevelopment Authority revealed that it is really ideal to discover what Singapore offers.
Instead of being too dependent on the other locations, it is recommended to look for properties in financially stable countries. When it comes to opportunities, it is not applicable to miss any single moment. It is a fact that the home sales get into a high boost. In fact, there is a 79 % increase on the total sales in private home properties. If you want to get the most out of your investment, decision making must be anchored with careful thinking. This will lead you to a productive journey. Regret will never interrupt you along the way.
A good example of the impressive sales is found at “The Poiz residences” of the MCC Land. The company was able to sell 277 units on great prices. The clients were satisfied with the high value and overall look of the properties. Sky Vue is another project which reflects how competent Singapore is in terms of offering homes and condominiums. Guocoland and UOL Group are the next top performing companies in the industry. If you are currently roaming around the country, it is helpful if you are familiar with the names of potential firms to find worthy investments.
When it comes to the condition of the buildings, there will be no major concern. Everything you see within the country will be satisfying for your eyes. There’s no space for disappointment and worries. The initial construction of the buildings involves proper planning and durable materials. The developers wouldn’t want to hear negative comments from the clients so they give an assurance that everything will be favorable.
It is ordinary to think of the cost of any purchase. At first, you may think that acquiring a property will lead you to poverty. You don’t need to suffer from nonsense thoughts. Instead of being too burdened, it is ideal to start negotiating with the real estate agents in Singapore. This will lessen your doubts in the long run. Whether you have chosen an expensive or cheap property, your money will return to your account after few months. Patience will save you from giving up. Along with your financial resources and capital, it is also essential to be watchful about the values within you. Any goal would be easy to accomplish if you will have the courage to explore the industry.
Finding a property in Singapore will definitely make you believe that building wealth is possible. With the investment you have, there is a guarantee that you will get into the financial goals in a short term and long term basis.