Most of us have the assumption that the older the 99-year-leasehold flat (read: shorter remaining lease term), the lower its appreciation value. This seems to be far from the case, particularly for one very fortunate homeowner in Bishan Street 13. The owner of a 1,571-sqft HDB maisonette, which has 64 years left on its lease,...
The post Bishan HDB with 64 years left sold for $1.18m, with a record S$750 psf for the neighbourhood appeared first on 99.co.
URA has released the statistics for the private property market for Q1 2022. In general, prices of private residential properties have increased at a slower rate of 0.7% in the last quarter, compared to the 5.0% increase in Q4 2021. The slower price growth came on the back of last December’s cooling measures, which saw...
The post 0.3% drop in condo prices, rising rents after last December’s cooling measures appeared first on 99.co.
Lakepoint Condominium and Lakeside Apartments were recently relaunched for collective sale again. Lakepoint Condominium After Lakepoint Condominium’s second attempt at a collective sale on 21 October fell through, the condo went into a private treaty negotiation process. The management relaunched the third attempt on 19 April, with the same guide price of S$640 million. After factoring in development...
The post Lakeside Apartments and Lakepoint Condominium up for collective sale again: Analysing the Jurong/Lakeside neighbourhood appeared first on 99.co.
Debt financing involves the borrowing of money whereas equity financing involves selling a portion of equity in the company.
The post Debt financing – is it the right decision for your business needs? appeared first on iCompareLoan.
Cashing out home equity can be useful for companies who want to grow or sustain their business but have lack of cash to do so.
The post Cashing out home equity too much can get you in a bit of a pickle appeared first on iCompareLoan.
The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both sites were previously under the Reserve List for the H2 2021 Government Land Sales (GLS), before...
The post Pine Grove and Dunman Road GLS sites: Analysing both condo sites appeared first on 99.co.
Most of us know that our annual property tax is calculated based on its estimated gross annual rent (assuming that the property’s rented out to say, a ‘hypothetical tenant’). This projected rental income (excluding the cost of furnishings, furniture and maintenance fees) is based on property and room types, which will then be used to...
The post Assessing annual value of non-rentable property: Bollywood Veggies’ case against IRAS’ Chief Assessor appeared first on 99.co.