Archive for February, 2012
Private home sales rise by three times
January’s private home sales were undaunted by the gloomy economic outlook and recent cooling measures, recording 2,077 transactions for the month, a whopping three times higher than December’s 670 units. Excluding executive condominiums (ECs), this marks a 55 percent year-on-year rise to 1,872 units compared to 1,210 units in January 2011. Top-selling projects include Watertown [...]
Govt to build an inclusive, stronger Singapore
Singapore Budget 2012 has seen the government setting out to build an inclusive society for all Singaporeans. To sustain future economic growth, the government will restructure and upgrade the economy by growing productivity and relying less on an expanding workforce. Delivering the budget, Finance Minister Tharman Shanmugaratnam (pictured) highlighted how far Singapore has come in [...]
Silver Housing Bonus to Boost HDB Resale Market
Public housing estates which house many elderly residents will likely see higher sales after the government introduced the S$20,000 bonus scheme for older Singaporeans who sell their flats to acquire smaller units. As it aims to help elderly Singaporeans unlock the value of their HDB flats, the measure will likely “impact the resale activity in [...]
Almost 500 New Homes Snapped Up Over Past Week
Nearly 500 new residences were sold over the past week, as developers stepped up their marketing efforts, fuelled by good transaction figures last month. In January, 1,872 new private residences were snapped up, the highest since November 2010, and property developers want to keep the ball rolling. Developers are speeding up the launch of more [...]
Mass Market Housing to Remain Resilient in 2012
The mass-market segment will still be resilient in the coming months, particularly for developments in the Outside Central Region (OCR). Last year, mass market homes, excluding executive condominiums (ECs), hit a record, selling 65 percent or 10,374 units of the total number of new private homes in the OCR, based on the Urban Redevelopment Authority’s [...]
ABSD to hold back buyers for six months: CapitaLand
The additional buyers’ stamp duty (ABSD) measure imposed by the government in early December to cool housing prices may hold back potential buyers for the next few months, said Liew Mun Leong, Chief Executive and President of CapitaLand. “Developers are more skeptical — they are not launching so many projects. But the statistics show that [...]
Rental prices down 20% in Singapore
Singapore has been ranked as the ninth most expensive city to rent in a new report – but evidence from recent weeks suggest rental prices may have already dropped by 20 percent since the start of the year. One agent told PropertyGuru she had just signed a deal to let a property that was previously [...]
More housing choices for buyers
Home buyers have been presented with a large number of new property launches in the first two months of the year, and many experts predict there will be plenty more to follow in the coming months. Around 2,199 residential units were launched last month, excluding executive condos (ECs), and experts believe the numbers this month [...]
How To Make Successful Property Investment
Nowadays, more and more people like to invest in properties. If you are thinking of going for a holiday in another country, you can buy a property. Investing in property can be profitable. If you invest in stocks, it can fall at any time. Investing in real estate is not as risky as investing in [...]
Real Estate Investing to Generate Cash Flow
Even in this day of plastic credit cards and electronic fund transfers, the old adage still rings true: cash is king. Without plenty of if it, you find yourself in financial distress, struggling to keep your head above water. But when you have plenty of it, life is good-the sun is brighter, the sky is [...]
Investment Property and Recession – Buy or Sell?
Is buying investment property in a recession a good idea, or should you be selling property instead? During a recession most consumers become skittish about large purchases and incurring long-term debt, and buying property typically involves both of these factors. The common reaction to tough economic times is a tendency to hold onto investment capital [...]
How Do You Find Value In Any Real Estate Market?
Albert Einstein once said: “We can’t solve problems by using the same kind of thinking we used when we created them.”When it comes to solving the problem of finding good value in any real estate market, it is almost impossible to do so if you just think within the real estate paradigm, but it becomes [...]
How I Managed to Earn Money Using Real Estate
Anyone can discover ways to earn a living using real estate property in order to increase financial independence. Permit me to start up by stating that it took me 28 years to discover you really need not be a genius to generate some passive income. If you’re lucky, you earn such that you could cover [...]
Make Money With Property
Property investments can generate quite some money if you know how to go about it. We are going to look at some of the ways in which you can make money with properties.Leasing your property A good way to make money with your property is to lease it. There are certain times when you have [...]
Real Estate Investments Make Profit
The definition of real estate is land and buildings for sale. Land can be plots of land ready for construction or land that has a strategic location which will have a potential in the near future when new property developments are needed. Each plot has its own unique characteristics and its location in a community [...]
The Best Savings Account for Children / Kids in Malaysia
Are you looking for the best savings account with the highest interest rates for your newborn baby or kids below 18 years old? Here is the comparison between my top 3 junior savings account picks in Malaysia: Savings Account Name:AmGeniusHong Leong Junior Savings AccountWISE Savings AccountUp to RM50,000 – 3.00% pa Above RM50,000 – 1.00% [...]
Buying a Subsale House – Lodge a Private Caveat during Property Transaction
Q1: What is private caveat?A1: Shall have the effect as it expressed to bind the land itself or an undivided share in the land or merely a particular interest if any.Q2: Who should lodge a private caveat?A2: Persons/bodies who has the interest on that particular property/land can lodge a private caveat.Q3: What is the purpose [...]
Top 10 Richest People in Singapore and Real Estate Investment
According to Forbes, below are the top 10 richest people in Singapore in 2011. We can take a look closer on how these rich people become so wealthy. Rank Name Net Worth ($mil) 1 Ng Family $8,900.00 2 Khoo Family $6,700.00 3 Wee Cho Yaw $4,200.00 4 Richard Chandler $4,000.00 5 Kwee Brothers $3,900.00 6 [...]
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