Stories By: MoneySmart (225 Articles Found)

Filter
  • Filter Articles By

  • Date Range

  • Categories

    • Select Category

  • Articles

    • Select Type of Articles

  • Topics

    • Select Topic

R.I.P. Robinsons — 17 businesses that closed down thanks to COVID-19

1) Robinsons – After 162 years in Singapore, beloved department store will close down its last two stores; 2) BooksActually – After nearly a decade in Tiong Bahru, indie bookstore finally decided to call it a day on…

SIBOR, SORA and SOR rates explained — how they affect your home loans

One of the biggest decisions you have to make when buying a home is… what home loan to go for. The interest rates of floating rate home loans are usually pegged to the SIBOR. When the SIBOR rises,…

39 shopping malls with free parking until further notice (Mar 2020)

With news about the COVID-19 coronavirus outbreak, the global pandemic has done the retail sector no favours. In fact, with stay-home notices and work-from-home arrangements, shopping malls are suffering even more. To encourage shoppers to continue visiting malls,…

Bishan BTO 2025 — everything we know about it so far

It’s been quite a year for high-profile HDB BTOs. First, there were not 1 but 2 oversubscribed Boon Keng BTOs, then there were rumours of a Keppel Club BTO. And now, there’s an upcoming BTO development in the…

Lendlease Reit is the latest SGX darling, but why isn’t Paya Lebar Quarter in it?

I haven’t been to the new Paya Lebar Quarter, but if reports from our editor Val are to be believed, PLQ is amazing. Lendlease is also behind 313@Somerset, JEM and Parkway Parade. Sadly, most of Lendlease’s high-profile projects…

People’s Park Centre/Complex — 5 cheap reasons to visit this Chinatown icon while you can

Sometimes I hear people refer to “People’s Park” as a location, but actually there are at least 3 buildings with that name. They are all clustered together so it’s almost as good as one mega-complex. Nonetheless, there are…

Should e-scooters be banned in Singapore? 5 alternatives to an outright ban

1) Make it really hard to own an e-scooter – In places like New Zealand and Canada, riders are required to get a license before they can own/ride an e-scooter; 2) Make third party liability insurance compulsory –…

Why are people still going to country clubs in Singapore?

Remember the good old days when spending the weekend golfing at your country club was the ultimate status symbol? Today, golf is falling out of favour with Singaporeans and we’re out of the dark ages, so nobody needs…

5 reasons why eating at food courts in Singapore makes you broke

Not content with just hawking pork floss buns and peanut butter thick toasts, the BreadTalk empire is now going to acquire Food Junction, a relatively small-time food court operator. Obviously, some big-shot decision-makers believe that food courts are…

10 Singapore hotels with infinity pools that are cheaper than Marina Bay Sands

The infinity pool at MBS Hotel is so legendary, well, yes, the view is amazing, but the pool is also packed to the brim with tourists wielding selfie sticks. Here are 10 hotels in Singapore that not only…

Nursing homes in Singapore – How much does it cost?

Sending your loved ones to a nursing home can be an emotionally wrenching decision. Nursing homes are long-term residential care facilities where elderly can receive assistance in daily life activities. As opposed to a daycare centre or a…

Progressive payment scheme for buildings under construction (BUC) private properties: How does it work?

Buying property before it has been completed is very common in Singapore, and all those new condo launches you see popping up everywhere are examples of buildings under construction. Developers of private property typically follow the progressive payment…

14 free (or really cheap) things you can do at the new Funan Mall

I was totally prepared to hate on the new Funan Mall because it sounds like it was made for and by pretentious fake-nerds. But after visiting the freshly-opened downtown dystopian wonderland, I would give mad props to CapitaLand…

MSR Singapore: What is Mortgage Servicing Ratio? Know this before buying a HDB/EC

You might already have heard about the TDSR, which limits how much banks can lend you. Guess what, other than TDSR, Mortgage Servicing Ratio (MSR) can also affect the amount you can borrow. MSR, is a limit imposed…

HDB SBF & ROF – Complete guide to applying for sale of balance flats

Although the SOP for buying an HDB BTO flat has been well-documented, buying a flat via HDB’s SBF or ROF is a little less talked-about. The first type is HDB SBF, which comprises flats left over from previous…

Why can’t SP charge below the electricity tariff?

The OEM is fully effective, and ever since 1 May 2019, everyone in Singapore can choose their preferred electricity retailer. In theory, it sounds wonderfully liberating: Yay, cheaper electricity! We’re no longer “stuck” with SP Group. Why can’t…

$1M HDB resale transactions – Can your HDB flat fetch $1 Million too?

We’re not even halfway into 2019, and there have already been at least 3 super-high-profile HDB resale transactions in the news. The most recent one is a 5-room flat in Tiong Bahru that was sold at a record…

Can average Singaporeans actually afford to buy landed houses?

The other day, one of our colleagues randomly lamented about how it’s as good as impossible for Singaporeans to afford landed properties in Singapore anymore (“the only way is to inherit it!“). He may be one of the…

Jewel Changi for kids: Free canopy park activities, baby care facilities & more

By now, you must have already seen pictures and videos of the iconic rain vortex and hyped-up first-in-Singapore shops in Jewel Changi from the 500,000 visitors who went for the ticketed preview. Well, the Jewel that I see…

Freehold condominiums in Singapore – why freehold is not as great as it seems

Singaporeans get traditional when it comes to property. We want the land we pay for, and 99 years won’t cut it. We want our descendants holding on to it. But freehold property is a monstrous cost; and are…

Don’t buy a house without an Approval in Principle (AIP) for your home loan

Every year, a handful of would-be home owners make their decision to lose (1) a lot of money, or (2) the house that they need. That’s right, I’m talking about people who try to buy a house without…

The cheapest parking rates in orchard road for cars (2019 edition)

Orchard Road is designed to make people go broke. Fortunately, here’s where to get the cheapest parking in Orchard. Cheapest parking on weekdays before 5/6pm – Plaza Singapura and Atrium @ Orchard – $1.28 for first hour, $0.43…

13 mostly free vegetable & animal farms in Singapore

If you can stop playing Farm Heroes Saga or Farm Frenzy for just a moment, you’ll realise that there are actually quite a lot of real farms that Singaporeans can visit. Some might even be in your neighbourhood.…

10 free indoor playgrounds in Singapore for babies & children (shopping malls included!)

Today, indoor playgrounds are the gold standard for babies and children in Singapore. Unfortunately, many indoor playgrounds also charge over $20 per entry or hefty hourly fees. Forget about them and consider these free indoor playgrounds instead. 1)…

23 car parks in Singapore you didn’t know had free parking (2019 edition)

If I had to nominate one cliché that rings all-too-true in Singapore, it would be “there’s no such thing as a free lunch”. Every year, more and more of our favourite car parks decide to stop offering free…

Are HDB BTOs always cheaper than resale flats?

Most of us Singaporeans are under the impression that HDB resale flats are way more expensive than BTOs. I was totally one of them… until I tried to buy an HDB flat for the first time in my…

Considering moving to ulu Punggol? Here’s our Punggol survival guide

It’s true – Punggol is hardly anyone’s dream estate. But while it’s no Tampines or Bishan, it sure is getting there. In its early days, Punggol got a lot of flak for being a traffic bottleneck. However, thanks…

Housing loans on the rise – Should you pick fixed or floating interest rates?

Buying a new home is easily many average Singaporeans’ biggest, most “heart pain” purchase. If you’re going private, you can only choose a bank mortgage. If you take the current Singapore mortgage rates at face value, the banks’…

Downsizing in Singapore – A guide to right-sizing your home

When your children were younger, you bought a bigger home to contain all their bric-a-brac. Now, as they have grown older and moved out of the family nest, you and your spouse are left with more space than…

Switching from SP Group to a new electricity retailer – 8 things you need to know

Before this year, electricity supply was never something anyone had to give much thought to. Need electricity for your new home? Singapore Power (SP Group) lor. They’re the only electricity retailer what. Yes, but not for long. By…

Sign In to Bookmark This Story

Sign In with Google