In Singapore, we pay a premium for our cars, and because of that, we never skip a service. We know a $500 ‘tune-up’ prevents a $10,000 engine failure. But are we giving our bodies the same level of care? Growing wealth through real estate is a marathon, and you can’t finish the race if you don’t look after the ‘engine’ that gets you there. Don’t wait for the ‘Check Engine’ light to come on—your health is the only asset you can’t replace.

Choosing a home is one of the biggest financial decisions we make in Singapore, and the “Freehold vs. Leasehold” debate is usually at the center of it. Based on the insights from the sources, here is a breakdown of how these two property types compare, written as a guide for your next big move.

Choosing the perfect rental property in Singapore marks the commencement of an exciting journey. Understanding your requirements is pivotal. Consider the location carefully, as it sets the tone for your daily life. Whether it’s the bustling cityscape of Orchard Road or the serene neighborhoods of Bukit Timah, each locale brings its unique charm and convenience. Renting your first home in Singapore is a transformative experience.
Each step, from initial research to settling into your new abode, shapes your unique journey in this thriving city-state.

The Letter of Intent (LOI) is a crucial element in Singapore’s real estate market, serving as a preliminary agreement between tenants and landlords. In a nutshell, the LOI is a friendly, non-binding document that allows tenants to express their interest in leasing a property and kickstarts the negotiation process.

In a bold move to regulate the real estate market, Singapore has recently announced a significant increase in the Additional Buyer’s Stamp Duty (ABSD) rate for foreign property buyers. Effective immediately, the ABSD rate has been doubled from 30% to a staggering 60%. This decision aims to ensure a stable and sustainable property market, while prioritizing the housing needs of Singaporean citizens. With this new measure in place, the government seeks to strike a balance between attracting foreign investment and safeguarding the interests of local residents. Foreign property buyers will now need to carefully evaluate their options, while Singapore continues to solidify its position as a thriving and resilient real estate market.

When anyone is looking to secure a property, there are two important factors that i always

Learn about co-living in Singapore, its legality, requirements, advantages and disadvantages, and what to take note of as a landlord. Contact me for more information.