I am sure you have seen advertisements on social media telling you that you can purchase properties with little or no money down. In my earlier article, I have shown you that this is entirely possible. All you need to do is to find the money that is locked up in your assets and liquidate[…]
We all know that real estate is an illiquid instrument. Depending on the type of property you have, it may take weeks or even months to sell. There may be a situation where you may need the cash urgently, but most of your money is locked inside an asset like real estate. During times of[…]
I believe a lot of people are surprised that property sales are still being conducted during this “circuit breaker” period in Singapore. From 7th April 2020 to 4th May 2020, all show flats and sales gallery are closed. Real estate salespersons are not allowed to carry out any viewings as these are deemed non-essential services.[…]
Why Passive Income May Not Be Real Income The classic best-case scenario for every real estate investment would be the one where you get positive cash flow. How you get positive cash flow is simple. Just make sure that the monthly income collected exceeds the monthly instalments, maintenance, property taxes, agent fees, etc. Some people[…]
Introduction Purchasing a private residential property in Singapore is not a complicated process. However, there are certain potential pitfalls most 1st time buyers are unaware. So, to give you a better idea of what to prepare in the process of purchasing a private residential property in Singapore, here’s a comprehensive guide of what to expect[…]
I seem to be getting several enquiries with regards to the deferred payment scheme(DPS) recently. The general question is, why do only a selection of new projects in Singapore these days offer them. Are the prices higher if you were to take such schemes over the standard payment scheme? How did it come about? Well,[…]
These days, anyone can sell their own houses. There are direct listing portals which can connect you directly to buyers. With tools like these, are agents essential? Is it possible to save the agent commission by going direct? After all, what the agent does is to show the house and tell people where the living,[…]
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[…]