Have you ever wondered how much you’ll have to pay back from your CPF when you sell your house? Well, if you’ve used your CPF Ordinary Account (OA) funds to finance your property, then you’ll need to pay back the principal amount plus accrued interest. Although it may seem like a burden to contribute 20% […]

It’s important to understand how the value of your flat may depreciate over time. While it’s difficult to determine exactly when a flat starts to depreciate at a faster rate, we can look at past data to understand how this may occur. According to a graph published in the Straits Times on 12 April 2017, 

When it comes to investing in a property project, most people want to ensure that they choose an asset that is safe and stable. And rightfully so, as investing in real estate is a significant financial decision that can have a long-term impact on your finances. But how do you determine if an asset is

A negative sale is a situation where a homeowner sells their property, but they do not get any cash from the sale. This happens when the outstanding loan amount and the accrued interest on CPF used for the down payment, monthly instalment, and buyer stamp duty are more than the sale price of the property.

Buyers who have existing properties must pay the full ABSD sum now when they buy properties with first-time owners. This is where the “99-to-1” loophole comes in, as it is usually used by an existing home owner who wants to buy another property without having to pay ABSD. Another way to describe such deals is

Deputy Prime Minister and Minister for Finance, Mr Lawrence Wong, delivered Singapore’s FY2023 Budget Statement on Tuesday, 14 February 2023, in Parliament. It seems that there is some positive news for those in search of flats. It appears that higher CPF grants may make resale flats more affordable, and a specific group of home buyers

In 2023, the resale market is expected to see a new batch of homes that have completed their 5-year minimum occupation period (MOP). Homeowners of HDB flats and Executive Condos (ECs) will be free to sell or rent their properties once they reach the MOP. Approximately 15,000 HDB flats and over 4,100 ECs are projected

The property market for HDB upgraders in 2023 is likely to be affected by a number of factors, including economic conditions, government policies, and demographic trends. On the economic front, the property market is closely tied to the overall health of the economy. A strong economy is typically characterized by low unemployment and high GDP