SORA Interests Rates and How does it Really Works
As you prepare to find your dream house, you may come across a few words that are new to you, such as the Singapore Overnight Rate Average (SORA) and the Singapore Interbank Offered Rate (SIBOR). These are the interest rates used by banks to determine the various mortgage packages offered to consumers. Even though these […]
Ultimate Step-by-Step Guide to Buying a HDB BTO
The process of buying an HDB BTO flat is a crucial part of the adulating process for all individuals living in Singapore. All of this makes asset progression super simple. However, it doesn’t have to be scary. Moreover, the entire process can be completed in around 6 basic steps. Down below, we’ll be elaborating on […]
10 Things about HDB’s Prime Location Public Housing (PLH) Guide
The Ministry of National Development (MND) and The Housing & Development Board (HDB) released details of the Prime Location Public Housing Model (PLH) in October 2021. The central idea behind this new model is to ensure that public housing built in prime locations such as the City Centre and Greater Southern Waterfront remains affordable, accessible, […]
Can You Still Profit From An HDB BTO like Before?
On 15 April 2001, HDB (Housing Development Board) created BTO (Built-To-Order) as the means to sell its new flats. It replaced the RFS (Registration for Flats System). Thus, the BTO is one of 2 ways HDB sells New flats, the other being Sale of Balance Flats (SBF). Moving to the actual question now, in 2022, […]
Increasing Land Supply To Satiate Demand for Real Estate
Like everyone else in the world, the pandemic caused quite a stir in the real estate market in Singapore. The continued economic growth Singapore enjoyed was paralleled by its growth in population. What Covid changed was virtually putting a complete halt to the supply; lockdowns and restrictions of people-movement on the island meant no […]
Will Higher Interest Rates Increase Prices Of Real Estate?
The world is going through a stressful economic period as inflation continues to rise in different countries. To control this Inflation, the US government announced in the earlier months this year that Interest Rates are expected to increase in seven different rounds. Each round will see a 0.25% increase in the FED interest rate, […]
Why Tight Market Supply Is still Driving Prices Up
The covid-19 pandemic has taken the world by quite some surprise. The urgency, unrest, and general situation of chaos have led us towards much unsettling news over the past 2 years. However, there has been an unpredicted result of the pandemic – demand for housing along with an increase in buyers’ interest. Tight Market […]
Adding to Depleted Inventory – A Guide to 2022 Singapore’s New Launches
2021 was a bumper year for the Real Estate market in Singapore. With the current inventory of New units really low, all eyes are on this year’s New launches 2022 to replenish stock. There is a consensus that Demand will outstrip Supply again. The Supply Chain Issues Globally has had adverse movement of goods. […]
Why The Cooling Measures hasn’t Brought Down the Price
The residential market in Singapore is growing rapidly. The pandemic impacted the Singaporean residential market. However, it was not enough of an impact to deter people from buying the property of their dreams or moving towards asset progression. A consistent spike in prices was seen, and the Singaporean Government introduced the cooling measures 2021 to […]
How can Bank Loans make you Financially Free
Investing today is the only legit way to expand and increase a portfolio. Many investors and leaders are often in favor of investments in real estate. But buying real estate is no piece of cake. Capital is required to acquire a property and earn a return on it. But what if you were to know […]
