Stories By: iCompareLoan (323 Articles Found)

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Slim Barracks Rise GLS shows demand for homes in one-north precinct unsatisfied

URA released two residential with commercial at 1st storey sites at Slim Barracks Rise (Parcels A & B) for sale on June 15 under the Confirmed List of 1H2021 GLS Programme. Huttons Groups commenting on the Slim Barracks…

Mortgage refinance will not make sense when your outstanding home loan is less than $200k

If your outstanding home loan is $200,000 or less, it will not make sense to do mortgage refinance. This is because the cost of refinancing will probably be significantly higher for small refinancing and you will not be…

Second property purchase – factors you must consider before buying

With the pandemic still on the horizon, property prices and interest rates are both set to fall further in the years ahead. For those who have been looking for a second property purchase, this could be a good…

Housing loan early redemption may not always be the best decision

A loan, of any type, is a debt that one would typically want to repay at the earliest (preferably prepay i.e. pay before it’s due). However, a home loan should not be considered in the same light as…

Minimum Occupation Period exemptions given to 4,500 households in last 3 years

Before you sell your HDB flat in the open market, you must fulfil a set of eligibility conditions before you can sell it. Among the conditions are MOP, EIP and Singapore PR quota for your block/ neighbourhood. Besides…

Private properties disposal is a requirement when buying HDB flats

Since HDB flats are meant for owner-occupation, private properties disposal is a must before buying HDB flats. Private property disposal which is a Government policy requirement when buying HDB resale flats came into effect in 2010. The policy…

BTO dashboard launched to help homebuyers make informed decision

OrangeTee & Tie (OTT), has launched a market-first “BTO Dashboard”, an online tool within the Company’s Market Analytic Suites platform that targets to equip prospective homeowners – particularly first-time HDB flat buyers – with interactive and often elusive…

Housing loan discharge – do you have to pay more money for it?

A woman who fully repaid her housing loan took to social media to ask why she had to pay an additional sum for the discharge of her loan. “Why pay finish loan still need to pay to stop…

High housing costs should be avoided to live a stress-free life

With housing being one of the biggest expenditures many expect to invest in, it is crucial for both homeowners and tenants to determine how much of their income they should set aside for housing costs, such as mortgage…

Property tax reliefs available for owners to help ease their tax burdens

Singapore has several property tax reliefs, with different levels of benefit available depending on the characteristics of the taxpayer. Mr Paul Ho, CEO at iCompareLoan, said: “The most common among the property tax reliefs is the one provided…

The Stradia in Yio Chu Kang up for enbloc sale at $23.8 million

PropNex recently announced that freehold development The Stradia, at 78 Yio Chu Kang Road, will be put up for collective sale for $23.8 million via public tender on 6 May 2021. The owners’ reserve price of $23.8 million…

SORA-based interest rates stability attracts 60% of property loan customers

Consumers and corporates in Singapore like the stability of SORA-based interest rates, with more than six in 10 respondents to a recent UOB survey saying they are open to choosing SORA-pegged products. UOB conducted an online survey in…

‘Eco Care’ home and renovation loan launched by OCBC offering lower rates and rewards

OCBC on Mar 31st, launched ‘Eco-Care’ Home and Renovation Loans which use BCA’s Tropical Home Energy Efficiency Assessment (THEEA) as the criteria to determine an applicant’s eligibility. This is the first time that the THEEA is used as…

Vicenta Lodge put up for en bloc sale with lowered reserve price

PropNex on Apr 21, announced that the freehold development Vicenta Lodge, at 16,18,20,22 Lorong Marzuki – about 400m away from Kembangan MRT station – will be put up for collective sale for $29 million via public tender on…

Singapore real estate performance investment expected to recover in coming quarters

Colliers Intl, on 15 Apr published its latest market research report that examines Singapore real estate performance investment in Q1 2021 and its prospects ahead. The report suggests improving investor sentiments and expects stronger sales in the coming…

Will Singaporeans be priced out of private property in the future?

EdgeProp reported earlier today that “word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer”. Commenting on this news on his FB…

HDB will not give larger loan amount based on buyer’s pre-Covid19 income

MND Minister has confirmed that the maximum loan amount granted to a flat buyer is derived based on flat buyers’ current income to provide flat buyers with a realistic indication of their housing budget, and to prevent them…

Global data centre markets – Singapore and Sydney tops ranking

Sydney and Singapore have been ranked among the top ten global data centre markets globally, according to C&W’s 2021 Global Data Center Market Comparison report. Sydney featured as the biggest mover in overall rankings, moving up to third,…

Dusit Thani Laguna Singapore opens with eye on golfing community

Dusit Intl, one of Thailand’s leading hotel and property development companies, has officially expanded into Singapore with the opening of Dusit Thani Laguna Singapore in the heart of the renowned Laguna National Golf & Country Club, one of…

Daintree Residence condo sold 93% of units 1.5 years before completion

Since its launch 2½ years ago in July 2018, Daintree Residence condo has sold 303 out of 327 units with only 24 units remaining. The 99-year leasehold private condominium is scheduled for completion in 2Q2022. Phase 1 sale…

Proptech wave is building up in Singapore

A proptech wave is building up in Singapore – recently named the world’s third most innovative city in JLL’s Innovation Geographies study. Driving this is the Singapore government’s Smart Nation initiative that was kicked off in 2014, laying…

Why companies want proof buildings are healthy

Measuring and ranking a building’s health is increasingly in demand as the wellbeing of office workers moves to the top of the corporate agenda. Official building certifications have cropped up in Singapore, Australia and India, following on from…

Leasehold – what is it and how is it different between condo and HDB?

The majority of land in Singapore is government-owned. Where residential land is concerned, the bulk of that government ownership is divided between SLA and HDB. It may seem confusing to call what you think you have bought a…

Landlord-tenant dynamics are being changed by Covid-19 regulations

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords. Governments worldwide have implemented a range of emergency legal and fiscal policies to help cushion the economic damage caused…

Residential demand revived by economic reopening and fiscal measures

As Singapore’s economy progressively started to reopen from early June, the residential property market enjoyed relatively brisk activity that translated into an appreciable uptick in transaction volumes. Edmund Tie’s senior director of research and consulting, Mr Lam Chern…

Office leasing market demand continues to be driven by certain sectors

Colliers Intl, on Oct 7th published its latest research report which examines the office leasing market demand, the performance of the Singapore office property market in Q3 2020 and its prospects ahead. Evaluating the data, Colliers Research notes…

Singapore real estate firms win prestigious international recognition

Two Singapore real estate firms won precious awards from Euromoney. Industry professionals from around the world participated in this year’s survey, for which over 2,700 valid responses were received. CBRE has been named the best Overall Agency in…

Digital platforms embraced by Propnex to effectively reach stakeholders

While showflats were shut, PropNex embarked on consumer outreach efforts via digital platforms to market and transact properties. These online engagements have translated to steadily rising sales in the period following the circuit breaker. Over the weekend of…

Covid-19 tested Office market says new research by List Sotheby’s

The Covid-19 pandemic have led to more than 80% of the Singapore workforce telecommute during the lockdown period, noted a recent research by List SIR. Businesses have made that leap to remote working, setting off a trend that…

Retail property market weakened as industrial sector showed resilience

Colliers Intl, on 20th Aug published two research reports which examine the market performance of the retail property market and industrial property sector in the first half of 2020 (H1 2020) and its projections for both sectors. It…

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