Investing in Singapore Real Estate

In an inefficient market such as property investing, where no 2 units are exactly the same, prices can very much be different from one to the other. Understanding how people value certain traits when it comes to investing in singapore's property market do help alot in searching for discounts. Focusing on residential property First and foremost, we should find out the purpose for the purchase 1- For investment  2- For own stay 1) For investment Location***** This is everything in property investing. Specifically in singapore context, the region where the most growth is happening, will have the highest chance of price appreciation. Notibly, central region, central area will command the highest nominal rental amount, but they may not offer the highest rental yields. As prices increases, rental yields drops and the only way the prices will continue to increase is when the demand for these property increases or when the supply decreases. So a forward looking mentalit

General characteristics Pros MRT: Dakota (CC8) <100m, Paya Lebar (EW8) <1km and Katong Park MRT (TE24) Thomson-East Coast Line Due 2023 <1500m Amenities  Markets: NTUC (Jalan Tiga), NTUC (Geylang Lorong 38) Sheng Siong Hypermarket (Tanjong Katong).  Shopping malls: CITY PLAZA, ONE KM, and KALLANG WAVE MALL Food centre (OLD AIRPORT ROAD FC) Schools: Kong Hwa School, Broadrick Secondary, Chung Cheng High School Main  Price: At least 100k paper gain in terms of market price in curernt resale market.  Cons  Can be challenging in terms of  affordability (see the other blog on true cost of a flat) Unit Selection Please do note that the following are based on my opinion may not necessarily be correct Blk 90A Units 28, 30 West sun 365 days a year unless the gov plans to build a new high rise, demolishing the Community centre. Unit 34 is affected by the west sun as well for majority of the year. Given the distance of the school to the units 30, 32, 34,36, 38

Nov 2016 Sales Launch (Bedok Beacon) Total Cost Ballot                                                         10 Option fee (refundable)                         2000 Cost of Flat                                         509100 Add Cost of door + sanitary fittings              3230 Cost of floor finishes                              5120 Total purchase price                           517450 5% of purchase price                       25872.50 Less Cpf housing grant                        10000 Add Lease stamp fee                            10123 Add Conveyancing fee                        346.65 Total payment at lease agreement   26342.15 The other 25872.50 (5%) of the purchase price is to be paid when you collect your keys, for HDB loans. 10% remainding downpayment if you are using bank loans.  How is stamp fee calculated? First $180000 @ 1% Next $18000 @ 2 % Thereafter @ 3% . How is conveyancing fee calculated? First $30,000

Hi Everyone! I am here writing a guide on the overall steps to the HDB flat buying process and its timeline of the important dates The information you need from HDB can be all over the place. So here am i to provide concise information that hopefully you may find them useful. Process 1)  Sign up for HDB ealert service , it provides latest updates for new launches, resale launches and           many more useful information. 2)  Check to see if you qualify to buy a BTO, have enough cash/ cpf for the downpayment ( Loans ) 3)  Ballot for the flat of interest, the ealert service will let you know when you should start balloting        for this. It will cost 10 dollars (non refundable) and there is a 1 week window to apply! Submit the      ballot online, no need to turn up physically to HDB board 4)  Wait for about 2 months to find out the ballot results and if you have a decent shot at getting the          HDB flat. 5)  Depending on your queue number, you may have to wait