Category: Finances

Government Warns The Impact of Rising Home Rates in Singapore

Falling home loan rates have been hitting the headlines for the past couple of years. The worry amongst consumers is that they are losing their homes to foreclosure and are now struggling to catch up with their mortgage payments. If you are one of the many homeowners currently going through this stressful time, there are things you can do to make sure your credit score doesn’t take a huge hit, or your finances don’t get completely upside down. In this article we will discuss some of the major Consequences of rising home loan rates.

The first major Consequences of rising home loan rates is the immediate reduction in your home’s value. If you have been keeping up with your mortgage payments recently, you may not have noticed, but home values have been dropping in recent months. In the face of this, the only thing that you can do is sit …

Property Agents Have Duty to Give Good Professional Advice to Property Owners

Property agents have a legal duty to give unbiased advice to buyers and potential buyers. This advice must not be slanted in any way to favour one particular buyer over another. In the UK, you would also expect the property buyer agent to undertake their own independent investigation as well as check with your local council and other relevant authorities. So why would a good property agent need to give unbiased advice? They must do this for many reasons. Firstly, the property they are representing is being bought as a potential home and the sale of that home could only be successful if they give good unbiased advice on the home’s condition and whether or not it will attract any prospective buyers.

While prompting customers on property buys, land salespersons – otherwise called property specialists – should offer precise and unprejudiced guidance considering the interests of their customers, including important …

Construction for HDB Projects Delayed Six to Nine Months

HDB Construction is a company that is well known in the industry for constructing residential and commercial buildings. It is also known to build apartment buildings as well as townhomes in various parts of the country. Most of the HD buildings are constructed with steel or concrete walls, while others are constructed with glass or timber. In fact HD building developments are fast catching up with other builders due to its impressive track record in the industry.

The popularity of HDB buildings is due to the fact that these buildings are durable, strong and come with very good insulation features. Moreover, the materials used for HDB construction are fire resistant, which further makes these buildings secure. These buildings also come with energy efficient facilities like water heaters, central heating, soundproof systems and even emergency tele-intercom systems. All these features make the HDB buildings very popular among people looking for economical …

Rising HDB Property Prices in Singapore Causes Cash Over Valuation

Rising HDB Property Prices in Singapore have been taking the world by storm. With the world’s economy in a tailspin, the economies of countries all over the world are tightening their belts and forcing up housing costs. While this may be good for homeowners, who can now buy or build a home at a lower cost to get them out of the rat race faster, it is not so good for the economy as a whole.

With rising HDB Property Prices in Singapore, families here and overseas are finding it difficult to make ends meet. It seems as though prices just keep going up in the country that is trying to catch up with the rest of the world. In fact, some areas have seen a decrease in real estate prices. This is not the kind of sign that you want to see in your financial statements.

Notwithstanding the pandemic, …

Demand for Office Space in Singapore Increases in 2021

In the midst of positive net assimilation and fixing opportunity, the workplace market has started to give indications of recuperation, as per CBRE Research. Recuperation in the workplace area over 1Q2021 was driven generally by renting interest for Grade-A places of business. CBRE sees that there has been the development of a two-level market — a Grade-A Core CBD market and Grade-B islandwide office market — as occupiers center around Grade-A places of business inside the CBD, while the Grade-B office market keeps on wrestling with higher opening rates. Rents of the Grade-A (Core CBD) office stayed stable q-o-q at $10.40 psf each month (pm) in 1Q2021, while Grade-B (Core CBD) rents enlisted further decrease of 1.3% q-o-q to $7.80 psf pm.

Located at the heart of the trendy Singapore River, this beautiful Canninghill Piers condo location is ideal for the whole family. You will feel right at home as …

Turquoise Condo to Launch by Ho Bee Group with Prices from $1,290psf

Are you one of those countless people in search of residential units for sale? Well, it is a fact that buying a house is not the same as buying a car. It is very important for a potential homebuyer to do his or her own research before actually making an offer. You may be thinking that finding these homes for sale can be easy, but believe it or not, you really have to exert a lot of effort to get what you want. Here are some tips to help you find the perfect house for you:

The first thing you need to do is check your local real estate listings. Different areas have different real estate agents who can show you units for sale. You can visit your local listings section in the Yellow Pages of the phone book. You can also look in your local newspapers to see if …

Far East Hospitality Trust gets first manageability connected advance worth $125 mil from OCBC

Singapore-centered inn and overhauled homes neighborliness trust, Far East Hospitality Trust, has gotten its first supportability connected credit office worth $125 million for a term of a long time from OCBC Bank, the sole loan specialist for this exchange.

Hospitality Trusts are very important for hospitality and tourism businesses. Hospitality refers to the services provided by a business towards its customers. Hospitality can be defined as the ability of a business to create and develop relationships with its guests at the point of service. Hospitality Trusts create this environment through a host of related activities including: hiring competent and experienced staff, advertising the quality of the service provided and ensuring that the guests have access to transport. Providing attractive and convenient facilities is what makes a Hospitality Trust different from most hospitality businesses. One of the major attractions of Canninghill Piers is its location. Canninghill Piers location is situated on …

Ascendas India by Capitaland to Invest in India IT Park in Hebbal Bangalore

Ascendas India Trust (a-iTrust), one of the REITs oversaw by CapitaLand, has gone into a forward buy concurrence with Gardencity Realty to obtain two structures in an IT Park with an all out net leasable region of up to 1.65 million sq ft at Hebbal, Bangalore.

There are a lot of things that you can learn from the experiences of India investors. This country has been emerging as a major tourist and investor hub with the liberalization policies implemented by the current government. In fact, India has emerged as one of the fastest growing tourist destinations throughout the world with its rich culture and diverse population. With so many amazing things to do, investing in India makes more sense than investing in any other country. You will notice that Canninghill Piers floor plans is extremely modern looking with clean lines and minimalist design. You will immediately feel that your neighbors …

5 Units of Retail Space at Parc Esta for Sale at $2.0M Each

A group of five connecting layers shops inside the 1,399-unit improvement of Parc Esta situated along Sims Avenue is currently available for $2 million each. Every one of the five shops has a layers region of 657 sq ft, or around 3,283 sq ft when consolidated. They have a wide facade of 6.56m along the primary street of Sims Avenue. The improvement by MCL Land is as of now under development that is planned for finishing in 1H2022. It is nearly sold out with less than 10 units left.

What exactly is the difference between residential retail space and commercial retail space? Well in essence, retail space is all that is used for the purpose of conducting business in a retail outlet. In other words, it is the actual retail premises that will have all the fixtures required for conducting business. In most cases, this includes the sales counter, a …

True Cost of Staying Away from the City

One of the most important considerations in planning for cost of living is to determine what is the standard of living in the city you want to live. Some cities, particularly the coastal ones, are famous for expensive prices of various goods and services. If you do not have to travel that much, you can enjoy cheaper yet high quality products and services. But the cost of living far away from the city should not entirely depend on the cost of living in the city. It also has to do with the quality of life you get there.

There are two extremes of living far away from the city at River Valley Road. The first one is where you spend most of your time in your home. You may take a long holiday occasionally or you may not go out much. You can thus enjoy the things you like the …