Singapore is surely everyone’s dream land. Whether you are a couple looking for your first house or is someone planning to stay here for good, now is the time for you to understand how owning a home here works. Are you curious as to how long will it take to have your dream flat come true? The Housing Development Board (HDB) is responsible for public housing in Singapore. BTO stands for Build to Order and is a flat allocation system under HDB. Interested buyers must apply for a flat from their preferred locations and wait for it until fully constructed.
Category: Residential
Real Estate Basics: 4 Terms Every First-Time Singaporean Property Buyer Needs to Know
If you have encountered this word in any type of loan initiative, then welcome to the world of adulthood. I recall using this word for the first time in a conversation, and it made me sound so mature! This way you see another inverse relationship of the interest decreasing as your principal increases at the end of the loan term.
Now that you’ve had your first bout with real estate terminologies, you have also gained more confidence in making the right decisions toward making your real estate purchase.
Hidden Gem: The Best Location of Landed Property in Singapore 2019
Location beats aesthetics because it’s what influences and impacts a real estate property’s future value. In speaking of value, the most valuable type of real estate properties is a landed property in Singapore. Mainly because of their sheer rarity and the topographical features of Singapore, landed properties are the true real-estate must-haves for savvy real estate moguls and wise homeowners who are potential investors.
Ready to Buy a Condo in Singapore? Here are 3 Ways to Know for Sure
Buying a condo would mean a huge portion of your income will be earmarked for your home loan repayment. The REI Method teaches about the Identify phase which allows buyers or sellers to have strong security by absorbing minimal risk in their real estate decision. So having enough cash or funds to purchase your property is simply not enough. It is best to have extra cash.
Buying Your First BTO Flat? Here’s What You Need to Know
In every Singaporean’s life, it’s almost impossible not to have the opportunity to invest in a property or be able to purchase your own home.
With the government subsidies and real estate packages being offered left and right, it’s really up to the consumer to pick the right property that’s fit for his or her needs.
2, 3, 4 or 5-Room BTOs: How Much Space Do You Really Need?
Neat. Cozy. Visually appealing. Minimalist. Luxurious. Relaxing. Bespoke. These are the terms that we usually hear when we talk about our homes. Or at least our ideal concept of it. It has to have a neat visual representation. I have to have bespoke furniture. I want to get the most luxurious sofa money could buy (or my money, for that matter). All good when you’re only planning for yourself and for a short period of time. But what about your present and future family? What about your status ten to twenty years from now? What then? Suddenly, these terms just all become mere words if proper planning and careful study aren’t done.