Finance

All You Need To Know: The Income Requirements For Getting A Home Loan

You’ve spent the last few months talking to three different banks, and each time your hopes have sunk further. As you pick up today’s mail, you realise it’s probably your last chance of securing a home loan, before you lose…

• 9 May 2020
• 5 min read
• 0

My Income Situation Changed After Signing The Option To Purchase. How Now?

It’s got a floor to ceiling picture window, a pool perfect for re-enacting half the Pirates of the Caribbean scenes, and a walk-in wardrobe that was the size of your flat growing up. It was your dream home, and you…

• 24 Apr 2020
• 5 min read
• 0

Complete Guide To Getting Your Home Loan Approved This Month

So you’ve reset your SingPass, you’ve handed over three months of your payslip, you’ve filled in all the forms after an hour at the bank – the second time over. And now, as you open the letter, you see the…

• 23 Apr 2020
• 7 min read
• 0

HDB vs. SIBOR vs. Fixed Deposit: Which Home Loan is Best Right Now?

You’re at the bank listening to the mortgage banker talk, and you know this is important. But 15 minutes in, you realise all those comprehension lessons at school have failed you. You understand the individual words coming out of the…

• 22 Apr 2020
• 7 min read
• 6

How A Home Equity Loan Will Save You From Having To Sell Your Property

It’s a plain looking letter, but the final loan repayment on your house marks a real milestone in your life. Or perhaps it’s so close you can practically feel the weight coming off your shoulders – one final decade of…

• 20 Apr 2020
• 5 min read
• 0

Help! I’m About To Miss The Six-month Deadline For ABSD Remission!

Losing your Additional Buyers Stamp Duty (ABSD) remission is a huge deal; the financial damage can take years to recover from, and it’s a real risk for upgraders who buy into new units before selling their current ones.  In today’s…

• 17 Apr 2020
• 5 min read
• 0

CPF Accrued Interest: Why You Should Not Pay For Your HDB With CPF

So you’ve reached one of the most important milestones in your life – buying your first home.  Before you get all excited browsing through the various property marketing platforms and going to Pinterest to look for your dream theme, let’s look at…

• 1 Nov 2019
• 4 min read
• 4

Downpayment for condo in 2020: How much do you have to save exactly?

Buying your first home in Singapore is always going to be an overwhelming experience. Especially when Singapore is one of the most expensive places in the world for real estate. Plus the thought of committing yourself to a very long…

• 26 May 2019
• 3 min read
• 2

Condo Progressive Payment in Singapore – All you need to know

With many new developments slated to launch in Singapore in 2019 after the en bloc spree, it is definitely a buyers market right now. If you are currently looking out for all the new condo launches, one crucial aspect that…

• 5 Mar 2019
• 2 min read
• 1

ABSD remission in Singapore – Everything you need to know

Once the latest cooling measures was announced, there was a mad last minute scramble as thousands of prospective homebuyers rushed down to the showflats to beat the dateline. To say it was a chaotic scene would be an understatement. And…

• 18 Jul 2018
• 2 min read
• 2

Additional Buyer Stamp Duty: How does this affect you?

Unless you have been living under a rock, you would have heard by now of the new cooling measures that were announced on July 5th. Although we cannot say we are surprised that measures have been taken to counter the…

• 6 Jul 2018
• 3 min read
• 2

How Much Do You Need To Buy A Condo In Singapore

Let’s face it, if we want to be prudent to the point of necessity, all we need to live is a cave, a fire, and a big club to whack our prey to death. But life is about aspirations; and…

• 13 Sep 2017
• 5 min read
• 0

Here’s how long a millennial will take to save for a down payment of a condo in Singapore

A recent survey conducted by Apartment List found that Millennials looking to buy their first home may face up to two or more decades of saving up just for the down payment. :O Although these figures are obtained from the…

• 5 Aug 2017
• 3 min read
• 0