The overall 2015 price fall of 3.7 percent is the lowest decline for private home prices for more than two years, revealed PropNex Realty citing latest flash estimates of the Urban Redevelopment Authority (URA) price index. However, this still reflects the current languid market sentiment and the sustained impact of the cooling measures, noted the … Read more
Property investment gives you not only passive income but also capital gains. In other words, even when you are sleeping, you can sleep well knowing that your property investment is not only earning money for you but also increasing in value. The passive income not only liberates you from working from paycheck to paycheck, but … Read more
Why not consider buying ground rents? These are often freehold (or perhaps head leasehold) interests in buildings which are arranged as flats, those flats having been sold off on long leases. You receive a modest but very secure income stream – and often with added benefits. Depending on these benefits, and possible angles for added … Read more
THE biggest “open secret” when buying properties from developer is that developers offer various freebies and rebates. The rebate given by the developer comes in the form of a deduction against the 10% down payment that the housebuyer is required to make. This rebate fluctuates between 3% and up to a full 10%. By 10% rebate, this means that the housebuyer does not need to … Read more
We have talked about the first two tips of successful property negotiations: being well prepared and knowing the art of making offers. Let’s continue with the other three tips to negotiate for a good bargain. Tip #3: Think win-win 1. Return of favor The key to winning a negotiation is to temporarily put aside what … Read more
In its new report, entitled “Doing Business 2015: Going Beyond Efficiency”, the World Bank has found that Malaysia ranks first out of the emerging economies in East Asia and ranks fourth out of all the countries in Asia. Malaysia’s ease of doing business ranking has also improved two positions over last year, moving from 20th … Read more
In a tenants’ market, it is commonplace to see tenants bargaining with landlords for a good rental deal. I shared a private apartment with two flatmates between the years 1999 and 2003. The 1,700 sq ft flat previously tenanted at $2,500 was let go at $1,800 a month after being left vacant for some time, … Read more
Do you believe in house fengshui? I am a big fan of it. Don’t get me wrong. I am not being superstitious. Fengshui is very scientific. There is nothing speculative or supernatural about it. Property fengshui believes in maintaining the harmony between man and nature for the sake of good health and good fortune. Good … Read more
When it’s time to sell a rental house, sometimes the unexpected problems encountered by some sellers are based on the fact the purchase was made without devoting much thought to buying a house that is easy to rent. Not every rental home starts out as a rental house, either, because sometimes these homes are converted … Read more
Analysts expect Singapore’s private housing market to face tougher times next year, with the lacklustre economic environment dampening sentiment further, reported TODAYonline. The US Federal Reserve’s decision to raise interest rates and the existing property curbs could see prices drop by up to eight percent in the next 12 months. JLL’s National Director for Research and … Read more
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