Securing financing is a crucial element of acquiring a condo, and this is particularly true for condominiums located in a prime location. In Singapore, there is a wide range of mortgage options available, but it is important to be familiar with the Total Debt Servicing Ratio (TDSR) framework. This framework limits the amount of loan a borrower can obtain based on their income and existing debt obligations. To make informed decisions about financing options and avoid over-leveraging, investors should have a solid understanding of the TDSR and may seek guidance from financial advisors or mortgage brokers.
One of the biggest trends in housing renovations for prime locations is incorporating sustainable and eco-friendly elements into homes. With increasing awareness of the damaging effects of climate change and the need to minimize our carbon footprint, more homeowners are opting for environmentally friendly renovations. This includes features like solar panels, energy-efficient appliances, …