Most buyers neglect conveyancing as an important task in the process of buying or refinancing. We think it is so significant as they carry out checks that we could not or neglect. Afterall, one should exercise maximum due diligence in the purchase of a property. Let's learn more about conveyancing.
Investing in commercial properties can be more exciting than residential properties. They offer a better yield since tenants are businesses, and it's usually less hassle in negotiating with them than individuals in residential homes. Lease can be longer, providing some form of stability. So how do you invest in commercial properties?
Topics: Commercial Property
We publish the latest chart & rates for SIBOR & SOR. Learn to compare 1-month & 3-month SIBOR, 3-month SOR & 3-month COMBO. These rates are updated on the first business day of the month.
Effective 01 January 2014, all tenors of USD and SGD SIBOR will be discontinued and not published on Thomson Reuters. From 1 October 2015, SIBOR and SOR data will be subjected to usage fees, in line with global development on benchmark data usage. In addition, subscribers who receive real-time SIBOR and/or SOR data from a market data vendor will be required to pay end user fees. Hence we can only publish delayed monthly data.
Loan to value (LTV) ratio or limit is the loan amount that Singapore mortgage banks and lenders will offer you based on your property value. Mortgage LTV is impacted after the various cooling measures introduced by Singapore government. *Updated August 2013*
If you have a loan approaching or past the 3-year mark, it's time to review the mortgage options. What should you do? We look at the factors affecting your next step (refinancing or repricing)
Following up on the article comparing HDB loan with bank loan and explaining the reasons why a HDB loan is better, we visit the top reasons why some HDB owners take up a HDB bank loan and why it is better than HDB consessionary loan.
If you are a self-employed, you would be wondering how does the Total Debt Servicing Ratio (TDSR) framework introduced by Monetary Authority of Singpore affects. Before purchasing the property, learn the guidelines and the steps to find the right mortgage.
Post the announcement by MAS on the TDSR framework, there were some confusion and dilemma faced by property buyers. If you intend to pledge assets to obtain a property loan, please read on how it is being implemented.
Singapore banks have launched various home loans pegged to fixed deposit rates since 2015. Today, 5 banks (3 local – DBS, OCBC, UOB and 2 foreign – Standard Chartered and Maybank) are competing in the market with their attractive home loans.
Topics: approval in-principle
What is a 3-generation (3Gen) flat?
3Gen Flats were launched in September 2013 to cater to multi-generation families living under one roof, providing everyone with their own space and privacy yet foster closer family ties at the same time.The units are approximately 115 square meters (which is 1238 square feet) and come with 4 bedrooms – 2 of which have ensuite bathrooms. There’s also a common bathroom, living and dining area, kitchen, service yard and a storage-cum-apartment (aka bomb) shelter. These sizes are considered relatively large and is perhaps similar to the maisionettes.