Many Singaporeans are still unhappy with the state of the local property market, according to PropertyGuru’s latest Property Affordability Sentiment Survey 2016. About 44 percent of the survey’s 933 respondents reported being dissatisfied with the market. The main cause of unhappiness remains the sky-high property prices. However, the majority of those polled believe home prices … Read more
Baby Boomers are an interesting bunch. They refuse to be pigeonholed, as their lifestyles, financial situations and even their definitions of retirement vary significantly – both from each other and from the generations that preceded them. The only one thing that remains certain is the fact that we’re in uncharted territory, as the ripple effect … Read more
Bukit Jalil is a suburb of Kuala Lumpur, Malaysia located in the centre of vibrancy; with the National Sports Complex on the east, the Shah Alam Expressway on the north, city boundaries to the west, and the Puchong-Sungai Besi Highway as well as city boundaries to the south. It was known as the Bukit Jalil … Read more
THE slowdown in the local property market saw loans approved to the sector last year drop marginally. According to National Property Information Centre’s (Napic) 2015 Property Market Report, total loans to the property sector grew 2.6% during the quarter ended December 2015, a drop from the 4.3% in the previous corresponding period. Of this, loans … Read more
Paying off the monthly instalments of HDB loans for Build-To-Order (BTO) flats has become easier in the past three years, even though the maximum tenure of these mortgages was reduced from 30 years to 25 years in 2013, reported TODAYonline. According to the Housing Board, the debt servicing ratio (DSR), or the proportion of a … Read more
IT has always been clear that it is the responsibility of those in business to register for GST and collect the tax, however, recent guidance released by the authorities could bring private individuals, who would not consider that they are in business, into the mix. Under GST, the sale of commercial buildings and land zoned … Read more
Do you feel like being a property investor? Or perhaps you would just like to buy property knowing you made the right choice. The thought of buying a new house could feel like a daunting undertaking when you’re not entirely sure what to ask and read up on. Seasoned buyers tend to have a very … Read more
You’re about to buy the home of your dreams, but what if suddenly something doesn’t feel right? Here are five signs you should step back from the deal. Buying a home is an exciting, stressful and emotional process. Once you’ve gone to lots of open houses and started making offers, chances are you might get … Read more
If you (like many young Malaysians) are looking towards buying your first home; the most important question you’ll probably ask yourself is if you can afford it. Well, can you? Think of the number of payments you’ll have to cover on the road to home ownership; there are entry costs, monthly repayments, recurring taxes, insurance … Read more
Not Enough Deposit To Buy A House? The First Home Deposit Funding Scheme (MyDeposit) has been launched. Announced during Budget 2016 last October, the scheme is aimed at helping the lower-middle income group with a household income of RM10,000 and below. Government has allocated about RM200 million for the MyDeposit Scheme for first time house … Read more
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