Market analysts predict that bank home loans can reach a high interest rate of 3.5 percent - a hike not seen in decades.
The post Bank home loans can reach an all time high interest rate of 3.5 per cent appeared first on iCompareLoan.
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A slower buying sentiment may be setting in among HDB resale flat buyers. According to 99.co and SRX flash report on the HDB resale market in August 2022, 2,323 transactions were recorded last month, representing a 1.7% drop from July. While this could be due to the Hungry Ghost Festival (during which people tend to…
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Renting in Singapore has caught steam among the young. In our latest Singapore Consumer Sentiment Study H2 2022, 66% of young Singaporeans chose to rent over buying property due to lack of savings.
Last month, HDB announced it’s increasing the quota for first-timer families and singles applying for a BTO flat in non-mature estates. The increase is due to the strong demand for housing among first-timers. The change took effect from the August 2022 BTO exercise onwards. Flat allocation for first-timer families New allocation Previous allocation 3-room flats…
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A 1,184 sqft 5-room (Improved) HDB flat at Block 654C Jurong West Street 61 has closed at a record S$618k (or S$522 psf) for the neighbourhood. The previous highest price for a 5-room on the same block was sold at S$570k, or S$481 psf, in January 2022. According to Glenn Jin Wong, the PropNex agent…
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In this series entitled Agent Success Stories, we sit down with agency leaders to find out their side of the story. From their humble beginnings to the challenges they face on the road to success, we learn that a career in the real estate industry is one filled with boundless opportunities—if you know where to…
The post Don Tay: Working tirelessly to achieve long-lasting success in the real estate industry appeared first on .
GuocoLand’s Lentor Modern opened for previews last weekend (2 Sep 2022). As it’s the first and only integrated development in the Lentor neighbourhood, the project has gained a lot of traction over the past few weeks. In July this year, AMO Residence, a new launch condo located in Ang Mo Kio, made headlines for selling…
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While a lousy mortgage broker is often not straight with their clients, a good one always is.
The post Lousy mortgage broker and a good one, how to tell the difference between them? appeared first on iCompareLoan.
Last Monday (August 29), there was an article in The Straits Times titled “Drop in appetite for private homes among some HDB owners”. It said HDB upgraders’ love affair with private properties has cooled in the first half of this year. According to URA’s data, buyers with HDB addresses only bought 3,649 new and resale... [read more]
The post 4 reasons behind the loss of appetite for private homes appeared first on Property Soul.
The August 2022 BTO exercise will close today at 2359. As of 5pm today, a total of 35,694 applications have been submitted. As expected, all projects are oversubscribed. But what’s even more striking is the application rate for a few popular projects. 5,907 families are willing to pay up to S$877k for a BTO flat…
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