July 2022

It’s the season for rate hikes. This Wednesday (July 27) the Federal Reserve raised another 0.75 basis point for second consecutive month. It vowed to go for more rate hikes to fight the battle against inflation. Taking the hint from the Fed, Singapore banks are likely to follow suit to raise rates like the previous... [read more]

The post How rate hikes hit developers and homebuyers appeared first on Property Soul.

An executive apartment in Hougang Central was just sold for S$1.073 million, marking it as the first of its kind in the non-mature estate of Hougang to transact for over a million dollars.  Kum Soon Ho, an agent with Propnex, facilitated the transaction. He shared that the unit was on the open market for less…

The post Hougang HDB flat first in its estate to sell for more than S$1m appeared first on .

Recently, we’ve heard about Crazy Rich Asian kind of property purchases by ultra high-net-worth individuals in Singapore.  This is as the world is seeing an increasing number of the ultra HNWI — a 9.3% increase from 558,828 in 2020 to 610,569 in 2021. Ultra high-net-worth individuals refer to those with a net worth of at…

The post Property agent confessions on closing deals for the ultra HNWI  appeared first on .

Springleaf New Town will see exciting new developments, like the park area being expanded to 10 to 15ha, which will make it a more green, sustainable estate to live in. With Springleaf MRT station on the Thomson-East Coast Line, getting to the area and Springleaf Prata Place will be a breeze!

Zaimie, an art educator, realised he needed his own space after years of sharing a room with his sister. Once he turned 35, he purchased a 4-room resale flat in Bukit Panjang. While he had it all planned out in his head, executing it was a whole different story. He encountered his share of unprofessional agents and shady interior designers before moving into his ideal home.

Singapore-listed Chip Eng Seng, KSH Holdings and SingHaiyi Group have teamed up in a joint tender to acquire Park View Mansions for S$260 million. Earlier this week, Euro-Asia Apartments at Serangoon Road was sold to KSH Ultra Unity Pte Ltd, an indirect subsidiary of KSH Holdings, for S$222.18 million, above its guide price of S$218 million.  The joint venture…

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The URA caveat is a way for buyers in Singapore to protect their interest in a property for sale. Property sellers can also use URA transaction data to research landed homes and private condo transaction prices. Here are 3 in-depth reasons why URA caveats are important.

The HDB valuation of your resale flat is part of your HDB resale application and will determine the COV, CPF, Housing Loan, BSD, and SSD amount you can use or pay. Learn more about the HDB valuation report and 5 factors that affect the COV in Singapore here.

Subletting your apartment (be it a single room, or the entire apartment) is a great way to make passive income. But before you become a landlord, be sure you understand all the rules and regulations with regards to subletting your flat. Read on to find out more! Rules regarding your eligibility to sublet If you…

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Earlier in April 2022, 99.co reported a story about a renovation contractor who had scammed several new homeowners. We followed up with a modus operandi about how the scam happened. One of the victims – 29-year-old Janessa (not her real name) – paid and lost almost S$30k when she engaged the contractor to renovate her…

The post Reno scam victim “Janessa” bounces back to showcase her renovation journey comeback appeared first on .