Zane Tan Property

20/01/2023

Can't remember the last time I had the opportunity to speak and share in front of a crowd and also doing what I do best which is data crunching.

We acknowledge the fear in the current market. Commodity prices have fallen from itspeak, pointing to a global weakening in consumption of goods & services. Top MNC's executives have indicated weaker confidence and weaker earnings, providing a glimpse of future GDP trends.

So does a weaker global environment have an impact on Singapore Real Estate? How resilient are we? And more importantly, what's your cost to enter today vs entering later?

This interest rate vs capital appreciation comparison serves this very purpose and translates everything into numbers to provide an unbiased view for clients to make a more informed and calculated decision. The last we want is for clients to miss an opportunity that could have made them lead a slightly more comfortable life.

This opportunity would not have happened if not for and for turning the concept into reality.

Peace out,
Zane

06/10/2022

"Furthermore, it added that the progressive reopening of borders in the APAC Region could signal a potential increase in interest for properties in the CCR for international buyers"

Opportunity.

05/10/2022

SINGAPORE - The Ministry of Law is looking into whether information on overseas entities that own land in Singapore should be made publicly available to counter money laundering and terrorism financing. Read more at straitstimes.com.

29/09/2022

*Property Cooling Measure*
30th Sep 2022

*Objective*
Promote Sustainable Conditions in Property Market

*Prudent Borrowing - FI*
MSR (Residential) - 3.50% -> 4.00%
TDSR (Residential) - 3.50% -> 4.00%
TDSR (Non Residential - 4.50% -> 5.00%

*Prudent Borrowing - HDB Board*
HLE MSR - 2.60% -> 3.00%
LTV cut - 85% LTV -> 80% LTV

HDB Loan will continue to be priced at 0.10% + OA rate

*Moderate Demand in HDB Resale Market*
Private Property Owner / Ex-Private Property Owner -> To wait out 15months prior to granting an Option to Purchase for Resale Flat

Senior > 55yrs, downgrading to 4-Room flat or smaller, will not be affected.

Zane Tan
91281169

The loan-to-value limit for HDB housing loans will be lowered from 85% to 80%. Read more at straitstimes.com.

23/09/2022

And with that, rental continues to be strong, providing a further safety net for owner/landlord, reduce likelihood of panic selling or fire sales, further stabilising the property market.

HONG KONG: Hong Kong has lost its crown as Asia's premier finance centre to Singapore in a global ranking list where New York and London maintained their number one and two spots. Singapore jumped three places to third in the twice-a-year Global Financial Centres Index (GFCI) which assesses 119 citi...

22/09/2022

What are the properties around all this newly announced stations?

Cross Island Line (CRL) Phase 2 MRT stations announced - Turf City, King Albert Park, Maju, Clementi, West Coast and Jurong Lake District.

14/09/2022

Smart of guccoland! Another exclusive development within 1km of St Nich!

The site, which yield a total of 265 units, drew only two bids.

08/09/2022

Rising dollar, stronger purchasing power, lower trade deficit, expected better GDP. Will Fed be able to tame the economy and prevent recession?

The U.S. trade deficit fell 12.6% in July to a nine-month low of $70.6 billion, reflecting a smaller appetite among Americans for imports and a strong dollar...

26/08/2022

The east coast plan! Next 2 years 3300 new launches in East Coast. New launches means new price benchmark due to higher material/construction/labour cost.

There could be four new residential projects yielding over 3,300 new homes in the East Coast over the next two years. What impact will they have on their respective neighbourhoods?

26/08/2022

We are close to bottom of the list when it comes to a housing bubble.

SINGAPORE is the only gateway city in the Asia-Pacific region where housing is deemed relatively affordable and attainable, a new report has found. Read more at The Business Times.

17/08/2022

Overall GDP and median salary set to increase. We have already seen the push from government in the progressive wage model for sectors like waste collection, cleaning services, security services and also retail.

Some may say this wage increment is not real increase, but to offset inflation.

Same for property, be it real or for inflation, property is set to trend up in the long run.

Last year, 7.5% of Singapore's citizens and permanent residents had wealth of at least US$1m.

Read more at straitstimes.com.

12/08/2022

What is Singapore doing or have done to ensure this does not happen here?

Many have stopped mortgage payments, fearing they may never possess the units they bought.
Read more at straitstimes.com.