Types of Loans in Singapore and its Financing Costs Individuals and businesses alike, do you know what is the cheapest form of financing and any conditions attached to it? Let’s face it, not all loans are created equal. Why are some loan interest rates higher and why some are lower? What are the cheapest cost of financing and interest rates …

By Si Jie, Property Tax Singapore: Singapore has one of the highest home ownership percentage around the world. Around 9 in ten Singaporeans own a property in Singapore. As a home owner, you are obligated under Singapore law to pay for property tax on 31st January every year. When you first bought your property, did you consider how property tax would …

Good property agents – Qualities to look for Good property agents help you preserve your wealth. Buying a property is probably the single largest purchase in your life. This one purchase often can help you make it or break it. Many people’s net wealth stems from property, a wrong choice can wipe out your savings while a good one can …

Buying a condominium is a very big commitment. How do you feel less financially stretched with buying a new home? How to make buying a condominium a less stretched exercise? There are several reasons why people buying their first home feels financial stretched. They have high aspirations and are aiming for a property that is too expensive. The  property prices have …

OCBC Home loans – One of the best home loans out there in the market place. OCBC OHR stands for OCBC Home Rate. There are some misconceptions that OCBC OHR is based on the 12-year Sibor Average when it was first launched. Part of the misunderstanding could be due to the extensive description of how how OCBC derived the OHR …

A real estate agent was awarded zero commission after she made an error similar to the one in the Shakespearean play ‘Merchant of Venice”. The real estate agent, Lim Chee Mei, mistakenly left eight words out of a statement of claim in a $1.3 million property sale and had argued for a sum which she felt was rightfully her, “no more, no less”. Lim, …

As we enter the month of April, it is income tax season, the rush to file for taxes is steadily building up. For those of you who haven’t submitted your tax declarations, now is a good time to take 45 minutes of your time to submit your taxes. While Singapore already has one of the lowest income tax in the …

Many Singaporeans have always viewed Malaysia with some apprehension. Some say it is more dangerous and not as safe. Well, in a larger country, it is always not as safe if you stray into the less lit areas. What are the key drivers of Malaysia’s transformation? Malaysia is a major beneficiary of China’s modern day Silk Road, called the one-belt-one-road …

By Paul Ho Singapore’s en-bloc sales process starts off officially with the forming of the Collective Sales Committee (CSC). A minimum of 20% of the share values or owners comprising 25% of the total number of subsidiary proprietors’ votes. Owners of developments which failed in an earlier round of En bloc sales in Singapore need to wait 2 years before re-starting …

Massage Establishments received a rude shock late February 2018 that their operating hours will be restricted to 10:30pm, in accordance to the revised Massage Establishment Act 2017 (MEA) and will take effect from 1st March 2018. Many of these Spa operators only received the Singapore Police Force Notice letters on 26th, 27th and some even only received it on 28th …