I’m looking for a tenant to rent my residential property, do I need an agent? No, you can lease out your residential property on your own without an agent. You will need to manage the entire process of marketing your property for rent, arranging for viewing appointments, shortlisting tenants, and…
Resale vs. Subsale Condo Units: Know the differences
What are the key differences between a resale and subsale condo unit? Resale: A resale unit is one that has already been owned by the first or subsequent buyers, typically has been lived in either by the owners or tenants and is currently being sold to a new buyer in…
How can I price my residential property without getting a professional valuation?
Professional valuation reports will let you know how much your property is worth at the given time of valuation but what if you have not decided whether to sell and is keen to get an idea of how much your property is valued at? You can then consider using a…
Should I renovate or make some repairs to my house before listing it for sale?
Making repairs or improvements to your property before listing it can be a strategic decision. However, whether or not you should invest in these enhancements depends on several factors. Here are some considerations to help you make an informed choice. Property Condition Assess the current condition of your property. If…
SGPD 60-Sec Read: What are Subsale Condo units and what should I know before buying a Subsale unit?
In a subsale transaction, a buyer purchases a unit or property from an intermediate owner who has already entered into a Sales and Purchase Agreement (S&P) with the developer but has not taken physical possession or ownership of the property. Hence, the subsale unit is typically brand new in condition…
If I receive offers below my asking price for my house, should I reconsider or stick with my asking price?
Handling offers that are below your asking price is a common scenario when selling a house. Here are some steps to consider when managing such offers. Remain Objective It’s natural to have an emotional attachment to your home, but when evaluating offers, try to maintain a practical, business-like mindset. Remember…
Should I buy a recently MOP’d or an older resale HDB Flat?
When you have decided to go for a resale HDB flat, many other factors then come into mind. For example, location, budget, and whether you should be shortlisting a newer, recently MOP’d or an older HDB flat. This article will look at the features, pros and cons, and whether you…
A Guide to Selling Your HDB Flat
What are the first steps if I am looking to sell my HDB flat? Ensure first that you have fulfilled your MOP, then register your Intent to Sell on the HDB Portal. Next, look for a property agent to help you list your flat for sale. You can also choose…
Renting in SG: What is a Letter of Intent (LOI) and why do I need it?
Whether you are a landlord or a tenant in Singapore, you may have come across the term LOI which refers to the Letter of Intent. An LOI is a document that outlines the key terms and conditions that the tenant and landlord have agreed upon before formalizing the rental agreement in…
SGPD 60-Sec Read: How much downpayment do I need to purchase a new launch private condo?
How much downpayment do I need to buy a new launch condo? 25%, assuming that this will be your one and only home loan, and that you can get a loan for 75% of your purchase price. *Assuming condo purchase price is $1,000,000. How much cash do I need for…