Property

In a press release on Thursday (18 July), Citi Hong Kong announced the results of its survey on residential property ownership in Hong Kong for the second quarter of 2019. The survey found that over 70% of the respondents felt that it is a bad or terrible time to purchase a home at the present moment. The survey also revealed …

I always believe that there are things best leave it to the professionals, such as legal and taxation matters. On the other hand, there are things best to be managed on your own, especially when it comes to finance and investment. I immediately struck a chord with Andrew Craig when I read his book How to Own the World: A …

For the most of us, securing a property is one of the biggest milestones that we would want to achieve in our lives. It gives us a sense of accomplishment to know that we have a roof over our heads – whether it means owning our own home or just renting one. However, it’s definitely easier said than done. In …

We present the case of John and his parents. John is an undergraduate student who has taken finance and investment classes that cover a range of asset-types, including real estate. During a family dinner, when discussing a module that John was taking in the university, Real Estate Investments and Finance, his parents divulged that they have made a real estate …

Based on a survey conducted by PropertyGuru Group, it was revealed that Singaporeans are now being more positive about the property market due to the increased in affordability, ease of getting financing, good long-term prospects and government policies. The results, which came out in the leading property technology company’s bi-annual Consumer Sentiment Survey, was conducted on 643 people in Singapore …

The Singapore government is planning to reach out to 1,000 HDB rental-flat families to help them buy their own flats. The scheme aims to mitigate income inequality and uplift lower-income families because “home ownership is key to providing stability and progress for families in the long run”. A Home Ownership Support Team will be set up to provide stronger, personalised …

Recently, I received many messages from my blog followers asking me to comment on some social media ads promoting free property seminars and investment schemes. When the market is dead quiet, it is not surprising to see frequent appearance of such ads. Although Singapore’s real estate market is licensed by CEA and regulated by URA, cleaning up of the industry …

The Agri-Food & Veterinary Authority of Singapore (AVA) has announced that it awarded the tender for one land parcel for general agriculture (food) and two land parcels for general agriculture (non-food) at Sungei Tengah. According to the authority, the tender was launched on 14 June 2018 and closed on 23 August 2018, in what was said to be the first land …

by PropertyGuru House prices in Singapore are considered “seriously unaffordable”, with a median multiple of 4.6, which means that the median house price is 4.6 times the city-state’s median household income, according to an annual survey conducted by urban planning policy consultancy Demographia in Q3 2018. The 15th Annual Demographia International Housing Affordability Survey (2019) covered 309 cities in eight …

The decline in the Resale Price Index (RPI) of public housing market for the whole year of 2018 is 0.9 percent based on the flash estimate, the Housing and Development Board (HDB) reported on Wednesday (2 January). HDB stated that its flash estimate of the 4th quarter of 2018 RPI is 131.4, a decline of 0.2 percent over that in the …