In the current robust property market, we’ve heard a lot of record-breaking sales and come across news of homeowners making a profit from selling their house. As a homeowner, it’s also time to consider whether you can sell your house at a high price and make a profit. 2 signs that your house has potential…
The post 6 signs and steps to find out if your house has unrealised gains appeared first on .
A 5-room HDB flat in DBSS development Lake Vista, along Yuan Ching Road, has just been sold for a record S$858,000 in December 2022, making it the most expensive 5-room HDB resale flat in Jurong West. The 1,163-sqft unit, located within the 19th-21st floor range at block 138C, was sold at S$738 psf, which is…
The post December 2022 records: 5-room DBSS in Jurong West sold for S$858k, 2-room HDB in Choa Chu Kang sold for S$318k appeared first on .
In 2022, mortgage rates have surged beyond our expectations. What if borrowers can’t pay? On November 25, the Monetary Authority of Singapore (MAS) published the Financial Stability Review 2022. It stated that most households appear to be resilient to interest rate shocks. The proportion of non-performing mortgage loans is likely to remain low. On the... [read more]
The post Can pay or can’t pay? appeared first on Property Soul.
In November, we covered several condos and HDB flats sold within 5 years of purchase, which netted the owners insane all-time-high capital gains. Traditionally, if you ask the older generation of homeowners, the assumption is that you should hold onto your property long enough, as its capital appreciation will increase over time. This is because…
The post November’s top 10 condo sales in CCR, RCR and OCR with highest capital gains split by holding periods appeared first on .