Wholesome Home Sgpropertycraft

06/09/2023

https://www.straitstimes.com/singapore/property-agents-caught-up-in-1b-money-laundering-case-may-see-commissions-clawed-back

I think not many people knows unless you're in the industry that agents are required by law to conduct dilligence checks,

Such as identifying and verifying the identity of their clients, and assessing the risk of them being involved in money laundering activities.

07/05/2023

When supply are unable to meet demand with the current construction timeline, ABSD will keep increasing to cirb demand.
Cooling measures doesn't seem to have a great impact as prices continue to climb.

31/01/2023

Rises abeilt slowing due to rising interest rates and global economic outlook.
Most questions asked are whether prices will dip.

Generally property prices tend to be sticky as nobody likes to sell at a loss.

Unless there're drastic changes in household income vs financial commitments.
1 good indicator to look out for as a guide is employment figures.

05/01/2023

Demand for larger resale flats as its generally larger and cost less.
Rising HDB resale prices also see aspiring upgraders to private housing.

15/12/2022

Not going to affect much in new homes.
Expected small impact on resale and rents as investors likely to factor this in their lease.

Over the past seven years, Kristine Zhang’s social media signature has read “parting is for reunion” – a mantra she has clung to while enduring long spells away from her husband. Since 2015, she has spent several months of each year in Singapore, where her son is studying, while her husband ...

20/09/2022

Being the only integrated mixed-use development in the Lentor precinct attracted many buyers for the convenience it brings and buyers were keen to ride on the first-mover advantage

Buyers have also accepted that $2,000 psf or higher will be the norm for OCR projects going forward.

Prices ranged from $1,856 psf to $2,538 psf, with all one-bedroom and two-bedroom units sold. Read more at straitstimes.com.

09/06/2022

So we have 6 confirmed sites and 8 reserve sites.
Total expect to yield 7310 units!
Expected completion 2028 and analyst are already saying by the time they could go for about $300k psf.

20/05/2022

https://www.tandfonline.com/doi/full/10.1080/14729342.2022.2076969

The recent change in ABSD rules affects the ways how land/property is purchased on behalf of minor's.
Quite an interesting read for those who are into the history.

(2022). Dealing with a minor’s land in Singapore. Oxford University Commonwealth Law Journal. Ahead of Print.

11/05/2022

How well do Singapore homes really hedge against inflation?

At the macro level, both the private residential and HDB resale markets appeared to hedge well during periods of high inflation and over the long term.

However, during periods when home prices were falling while inflation continued to rise, investors would need to have the holding power to wait out till the market recovers.

https://www.businesstimes.com.sg/real-estate/how-well-do-singapore-homes-really-hedge-against-inflation?utm_source=telegram&utm_medium=social-organic

24/04/2022

The consideration is not always about BTO cheaper than Resale.
Th Enhanced housing grant disbursement is based on average gross monthly income.

And it may be worth it to spend a bit more on more location choices and staying near parents and in-laws.

11/04/2022

Property predicted to soar after further relaxation and opening rules.
Analysts predicts 10%growth🏘

Singapore still TOP preferred choiced as safe haven in Asia Pacific for investors.