Does My Condo Have Enbloc Potential?

I had the opportunity to meet up with a reader a while back who had a somewhat happy problem. A beneficiary of a recent enbloc sale meant that he had to move despite pocketing a mini-windfall. My recommendation to him was simple if you are going to purchase something for your personal use, make sure[…]

New Launch Vs Resale. Which One Appreciates More? Part 1

We all know what the essential differences between a new launch and a resale condo are. In case, you have missed out any points. Here are all the points in bullet form. Characteristics of New Launches Versus Resale New Launches 1. The condos are generally under construction and there is a waiting period of 2[…]

Why Do Foreigners Continue to Buy High End Homes In Singapore?

Despite the government’s latest bout of cooling measure implemented on the 6th of July in 2018, high-end condos are continuing to sell in Singapore. These condos are located entirely in the core central region of Singapore where foreign ownership takes majority share. A quick search of 2 high-end developments launched after the latest measures reveals[…]

Buy a condo with little or no cash upfront?

Is this for real? Is this a scam? After all, there are plenty of advertisements like that on facebook. So, how exactly do you buy a condo with little or no cash upfront? First of all, let’s examine MAS’s regulation of purchasing a private property by a first timer who is a Singaporean. We use[…]

When Do Leasehold Properties Depreciate In Value?

Does It Start When The Property Reaches 20 Years Old? So, when does leasehold properties start to depreciate? After all, when the lease reaches zero, the land technically reverts to the government. With the endpoint having nothing in value, there should be a deprecation at some point in time. The question is when does it[…]

Property Review: Was J Gateway A Good Buy?

Was J Gateway a good buy? After all, strong demand saw buyers submitting 1400 blank cheques to ballot for 738 units. All 738 units were sold out within 8 hours. It was also the same evening that the Monetary Authority of Singapore (MAS) introduced the total debt servicing ratio where 60% of your income cannot[…]