Reuel Eugene Tay

03/06/2020

A McKinsey studies on Singapore details that Singapore on a national level, accelerated five years worth of digital adoption in just eight weeks.

How does that affect the current state and future of Singapore's real estate industry?

“we have seen the equivalent of 5 years of consumer and business digital adoption in just 8 weeks since the COVID pandemic started.”Quote from Deputy Prime Minister Heng Swee Keat If th…

31/05/2020

Everything you need to know about mortgage payment deferment.

"COVID-19 Special: Banks approve 90% of applications to defer mortgage payments"

Banks have approved about nine in 10 applications by property buyers to defer the payment of their mortgages.Quote from The Straits Times The high approval percentage for property mortgage payments…

30/05/2020

There has been quite a lot of real estate policy changes and temporary relief measures since the start of COVID-19. Even the bank rates have took a plunge. As some of the explanations are difficult to explain over a chunk of messages, I have written a more detailed explanation and analysis on each of the policy change and temporary relief measures in my website (https://reueleugenetay.com/blog-2/).

If you have any burning question(s), please ask me so I can write about it. 🙂

𝐋𝐨𝐰𝐞𝐬𝐭 𝐒𝐈𝐁𝐎𝐑 𝐫𝐚𝐭𝐞𝐬 𝐬𝐢𝐧𝐜𝐞 𝟐𝟎𝟏𝟒:
https://reueleugenetay.com/2020/05/23/covid-19-special-lowest-bank-sibor-rates-since-2014/

𝐅𝐮𝐭𝐮𝐫𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐢𝐧 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐜𝐨𝐬𝐭 𝐚𝐧𝐝 𝐢𝐭𝐬 𝐫𝐞𝐩𝐞𝐫𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬:
https://reueleugenetay.com/2020/05/17/covid-19-special-steps-to-curb-coronavirus-transmission-will-raise-construction-costs/

𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐛𝐮𝐲𝐞𝐫𝐬 𝐠𝐞𝐭 𝐭𝐞𝐦𝐩𝐨𝐫𝐚𝐫𝐲 𝐫𝐞𝐩𝐫𝐢𝐞𝐯𝐞 𝐟𝐫𝐨𝐦 𝐦𝐚𝐤𝐢𝐧𝐠 𝐩𝐚𝐲𝐦𝐞𝐧𝐭𝐬:
https://reueleugenetay.com/2020/05/14/covid-19-special-property-buyers-get-temporary-reprieve-from-making-payments-under-covid-19-law/

𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬 𝐭𝐨 𝐠𝐞𝐭 𝐦𝐨𝐫𝐞 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐟𝐢𝐧𝐢𝐬𝐡 𝐚𝐧𝐝 𝐬𝐞𝐥𝐥 𝐛𝐲 𝐀𝐁𝐒𝐃 𝐝𝐞𝐚𝐝𝐥𝐢𝐧𝐞𝐬, 𝐚𝐥𝐥𝐨𝐰𝐞𝐝 𝐭𝐨 𝐬𝐭𝐚𝐫𝐭 𝐜𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝟐 𝐚𝐧𝐝 𝐚 𝐡𝐚𝐥𝐟 𝐲𝐞𝐚𝐫𝐬 𝐥𝐚𝐭𝐞𝐫:
https://reueleugenetay.com/2020/05/08/covid-19-special-developers-to-get-more-time-to-finish-and-sell-by-absd-deadlines-allowed-to-start-construction-2-and-a-half-years-later/

𝐌𝐚𝐫𝐫𝐢𝐞𝐝 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞𝐚𝐧 𝐜𝐨𝐮𝐩𝐥𝐞𝐬 𝐭𝐨 𝐠𝐞𝐭 𝐞𝐱𝐭𝐫𝐚 𝟔 𝐦𝐨𝐧𝐭𝐡𝐬 𝐭𝐨 𝐬𝐞𝐥𝐥 𝐭𝐡𝐞𝐢𝐫 𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐟𝐨𝐫 𝐀𝐁𝐒𝐃 𝐫𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧:
https://reueleugenetay.com/2020/05/07/covid-19-special-married-singaporean-couples-to-get-extra-six-months-to-sell-their-first-residential-property-to-qualify-for-absd-remission/

𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐨𝐰𝐧𝐞𝐫𝐬 𝐜𝐚𝐧 𝐚𝐩𝐩𝐥𝐲 𝐭𝐨 𝐝𝐞𝐟𝐞𝐫 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐥𝐨𝐚𝐧:
https://reueleugenetay.com/2020/04/01/covid-19-special-individuals-can-apply-to-defer-property-loan/

𝐋𝐢𝐬𝐭𝐞𝐝 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬 𝐜𝐚𝐧 𝐚𝐩𝐩𝐥𝐲 𝐟𝐨𝐫 𝐐𝐂 𝐞𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧:
https://reueleugenetay.com/2020/02/08/covid-19-special-listed-singapore-developers-can-get-exemption-from-qc-scheme/

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26/05/2020

“Individuals can apply to their banks and insurers to defer repayment of property loans, as well as premium payments for life and health insurance plans.. until 31 December 2020″

This policy is actually extremely critical in protecting Singapore’s property market especially during this challenging period. Without the policy, property owners who have problems servicing the monthly property loan installments could be forced to put up their house for sale at undervalued prices or worst; have their property foreclosed by the bank.

“Individuals can apply to their banks and insurers to defer repayment of property loans, as well as premium payments for life and health insurance plans.. until 31 December 2020″Quote f…

25/05/2020

“Listed property developers with a “substantial connection to Singapore” can now apply to be exempted from the qualifying certificate (QC) scheme.”

To fully understand the significance of this policy change, we have to first understand what is ‘Qualifying Certificate (QC)’ and which developer is affected by the QC scheme.

“Listed property developers with a “substantial connection to Singapore” can now apply to be exempted from the qualifying certificate (QC) scheme.”Quote from The Straits Tim…

18/10/2019

𝑵𝒆𝒘 𝑯𝑫𝑩 𝑳𝒊𝒔𝒕𝒊𝒏𝒈 - 433𝑨 𝑺𝒆𝒏𝒈𝒌𝒂𝒏𝒈 𝑾𝒆𝒔𝒕 𝑾𝒂𝒚

𝐀𝐁𝐎𝐔𝐓 𝐓𝐇𝐄 𝐔𝐍𝐈𝐓
📌 SUPER CHIC 4rm abode for sale
📌 Own a immaculate well kept home lovingly maintained by house proud owner
📌 Renovated move-in condirion with branded finishes
📌 Top quality timber stripe flooring in all rooms
📌 Overlay beautiful yet easy-to-maintain floor tiles in toilet

𝐕𝐀𝐍𝐈𝐓𝐘 𝐑𝐎𝐎𝐌 (𝐂𝐨𝐦𝐦𝐨𝐧 𝐫𝐨𝐨𝐦)
📌 One common room designated as vanity room overlooking the master room, semi fitted with glass, vanity table and FULL LENGTH WARDROBE (Worth $9.5k)

𝐊𝐈𝐓𝐂𝐇𝐄𝐍
📌 Beautiful open kitchen concept
📌 Wall tiles and back splash all done up together with beautiful yard sliding door

To view, call The Botak Realtor at +65 9833 6450

Link:
https://www.propertyguru.com.sg/listing/hdb-for-sale-433a-sengkang-west-way-22054586

05/08/2019

𝑵𝒆𝒘 𝑯𝑫𝑩 𝑳𝒊𝒔𝒕𝒊𝒏𝒈 - 211𝑨 𝑪𝒐𝒎𝒑𝒂𝒔𝒔𝒗𝒂𝒍𝒆 𝑳𝒂𝒏𝒆

📌 Renovated 4 room flat, move-in condition!
📌 Move-in right after completion, owner don't need extension!
📌 RARE walk-in wardrobe in master room!
📌 Corner unit, high floor
📌 Good neighbours
📌 Near Ranggung MRT
📌 Mins walk to Rivervale Plaza & future Rivervale CC

To view, call The Botak Realtor at +65 9833 6450

Link:
https://www.propertyguru.com.sg/listing/hdb-for-sale-211a-compassvale-lane-21941808

31/05/2019

𝑵𝒆𝒘 𝑷𝒕𝒆 𝑳𝒊𝒔𝒕𝒊𝒏𝒈 - 𝑭𝒍𝒐𝒓𝒂𝒗𝒊𝒍𝒍𝒆

📌 Freehold
📌 Ground Floor 1BR Loft With Super High Ceiling (4.7m)
📌 Go For Your Daily whirlpool bath Spa Accessible From Your Balcony!
📌 Don't Need to Bend Your Head When Going up to the Loft!
📌 Super Spacious! Sqft Does Not Include the 5sqm Loft Space Upstairs

To view, call The Botak Realtor at +65 9833 6450

Link:
https://www.propertyguru.com.sg/listing/21847594/for-sale-floraville

30/05/2019

𝑵𝒆𝒘 𝑳𝒂𝒖𝒏𝒄𝒉 - 𝑺𝒆𝒂𝒔𝒊𝒅𝒆 𝑹𝒆𝒔𝒊𝒅𝒆𝒏𝒄𝒆𝒔

📌 Live Right Beside the Sea
📌 Less than 18 Days to Showflat Closes!
📌 2 mins Walk to Future Siglap Thomson-East Coast Line (TOP 2023)
📌 Reputable Developer Frasers Property
📌 Beside East Coast Park
📌 Accessibility to Town & Changi Airport
📌 TOP Soon!

For an exclusive showflat with The Botak Realtor, call 9833 6450.

𝑆𝑒𝑎𝑠𝑖𝑑𝑒 𝑅𝑒𝑠𝑖𝑑𝑒𝑛𝑐𝑒𝑠 𝐺𝑢𝑖𝑑𝑒 𝑃𝑟𝑖𝑐𝑒
1BR from $9xxk
2BR from $1.3xm
3BR from $1.9xm
4BR $2.8xm (Last Unit!)
5BR Penthouse $6.6xm (Last Unit!)

26/05/2019

𝑵𝒆𝒘 𝑳𝒂𝒏𝒅𝒆𝒅 𝑳𝒊𝒔𝒕𝒊𝒏𝒈 - 𝑺𝒆𝒓𝒂𝒏𝒈𝒐𝒐𝒏 𝑮𝒂𝒓𝒅𝒆𝒏𝒔 𝑬𝒔𝒕𝒂𝒕𝒆

📌 Suitable for Buyers Looking to Rebuild!
📌 Corner Terrace, 2800 sqft Land Area
📌 Original Condition
📌 Near Future Tavistock MRT (Future Cross Island Line)
📌 Mins to Serangoon Garden Market, Chomp Chomp
📌 Your Months of Looking for a Good Landed Property Ends With This Unit

To view, call The Botak Realtor at +65 9833 6450

Link:
https://www.propertyguru.com.sg/listing/21831709