June 2024 New launch sales report
Despite a lack of new project launches and a period of slower sales activity due to the June school holidays, new private home sales remained steady in June. Developers sold 228 new units (excluding EC) in June, up 2.2% month on month (MOM) from the admittedly low base of 223 units sold the previous month. […]
ABSD increase yet again
ABSD increase impact foreigners and Entities most Foreign buyers and businesses have become more active in the Singapore property market in recent year, and so the government thinks that the higher stamp duty rates, together with an additional 30% to 35% stamp tax for foreigners and companies, will discourage speculative buying and bring property prices […]
Building Wealth: Lessons from a Self-Made Entrepreneur
If I didn’t invest all of my savings in the house, I would likely have squandered them unnecessary expenses like shopping and partying Taking on a large mortgage with no savings was difficult, but it proved to be one of Mr Tewari’s better financial moves, and he became a believer in long-term investing. Real estate […]
Co-living in Singapore
Co-living is becoming more popular among millennials and expats in Singapore. It allows tenants to rent a room within a larger apartment or building rather than a whole apartment or house, making it a more affordable and flexible way of living. Co-living spaces are often modern and trendy, with common areas where residents can socialize […]
Is Singapore in a real estate bubble now? Apr 2023
The article in question discusses on the possibility of a property bubble forming in Singapore, trying to claim that the country may be an outlier due to its unique characteristics. While Singapore shares characteristics with other countries that have experienced property bubbles, such as a limited supply of land and high property prices, the article […]
Invest in Overseas real estate – can?
Some Singaporeans may find investing in overseas property appealing, but it is critical to understand the risks and potential pitfalls before making such a decision. Consider the following key points: Additional Costs and Risks Involved To begin, there are numerous additional costs and risks associated with investing in overseas property. Buyers may be required to […]