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

It is likely that there will be pent-up demand for new project launches in the first quarter of 2023, as many home buyers who had been waiting on the sidelines to purchase a property will be eager to take advantage of the new options that will become available. Chart 1: Unsold inventory of new private

It is unlikely that home prices will drop in 2023 due to the current market conditions. We advise homebuyers to not play the waiting game and instead, to take action now by doing their homework and finding out the current transaction trends in the areas they are interested in.  The rising interest rates in 2022