Singapore Property

There are literally thousands of real estate properties in Singapore that are on offer for rental accommodation. There are condos, HBD apartment units, different types of landed properties and the legacy buildings from the past, such as black and whites, bungalows and shophouses. Rental market trends Overall, indications are that rental accommodation and prices are poised to continue in its upswing trend. Rentals by location The primary areas for rentals by region are City & South West, Balestier/Greyland, Serangoon/Thompson, Orchard/Holland, East Coast, West, Newton/Bukit Timah, Changi/Pasir Ris and the North region. A total of nearly 65,000 real estate rentals have been listed for all the regions including hotel accommodation. There are 426 condos on offer for rental accommodation in all regions. 1,038 HBD apartments have also been listed for the Ang Mio Kio Estate alone, not to mention the 25 other estates also offering apartments for rental. Tenants eligible for rental accom...

So, the best rate of interest you'll get on a deposit account in the UK is about 4 per cent, and for that you have to sacrifice the liquidity that is ostensibly the biggest advantage to holding cash as you have to commit to at least 3 to 5 years for the full rate. Then let's also take into account the fact that you'll probably pay 40 per cent tax (if you're a higher rate tax-payer), and furthermore factor in inflation eating away at your capital and diminishing your purchasing power by at least 3 per cent for each year, and an investment of £10,000 actually loses you sixty pounds (GBP) in real terms: 10,000 + ((10,000 x (0.04 x 0.6))-(10,000 x0.03)) = 9,940 Let's look at this in terms of risk and reward. In the UK, a cash deposit of up to £85,000 GBP is effectively insured by the government - so one might consider it as risk free. But that risk-free investment will lose you £510 GBP. Let's then move right to the other end of the risk scale and look at equitie...

Landed property can be very enticing and today it is not as hard to find these types of properties ready for rentals and other forms of occupation. But just like any other property, you ought to make your considerations to ensure that at the end of the day you select the best landed property. Here are the key areas that you should pay attention to when looking at the landed property. The location - The area within which the property is located is of utmost importance because it can determine things such as security and convenience amongst many other important factors. It can also determine the kind of atmosphere you enjoy, especially for residential properties. Always look out for the perfect location that meets your preferences. Also important to find out is what the neighborhood has to offer. For instance, does it have good schools, hospitals and shopping complexes or do you have to drive far off to find the services that you need? The interiors - Are they spacious enough for your...

Investing in a property has never been more affordable, what with the number of foreclosed homes that have come up for sale on the market. Due to the downward slide the real estate market suffered previously, there is an influx of first-rate houses being sold at prices lower than their normal market value. A lot of these homes for sale are even located in plush surroundings, thereby giving the buyer a very good deal indeed. Most people look for houses based on the location, while others base it on the overall value of the house itself. There are a lot of prime properties that can be bought for a song, but what's important is to check if the house is in good condition, or how much would the repair costs be if any. Usually though, real estate agents take care of every detail for people looking to buy homes for sale, and all they have to do is sign the deeds for the property to be sold. One good reason why people invest in foreclosed houses is because they're getting a big disc...

When it comes to HDB property financing, would-be home buyers can make one of two choices: either take out an HDB concessionary interest rate loan or take a home loan from financial institutions (FIs), such as banks. The first option allows potential home buyers to use the CPF (Central Provident Fund) savings to pay for the property and offers a less fluctuating variable interest rate than those provided by financial institutions, thus giving borrowers more stability and predictability. With financial institutions, the maximum loan amount is 90% of the purchase price, with 10% to be funded by private funds, of which 5% will be cash. Moreover, as previously stated, the interest rates in the case of FI loans often fluctuate more drastically than those offered by the HDB, as each financial institution has their own credit-rating system. If the residential property is a completed private one, the Normal Payment Scheme can be used, in which buyers will pay the initial 5% in cash, then us...