Many Singaporeans intend to upgrade from a flat to a condo, after their Minimum Occupation Period (MOP). In my ,,previous article, I explained how this might be driven by stagnant resale HDB flat prices, and the attractiveness of gains in Singapore’s private property market. However, upgrading is a process that involves careful timing, and administrative detail. Mistakes can be expensive, such as paying the Additional Buyers Stamp Duty unnecessarily, or even lost deposits. So, how to manage the timeline when upgrading from HDB flat to a Condo? In this article, I’ll explain the timeline consid ..read more

For most Singaporeans, our property is probably the largest asset we will ever own in our entire lifetime and inextricably tied to retirement. HDB flats in particular have long been seen as retirement assets, as their values skyrocketed over the past few decades mainly due to Singapore making its rapid transition to first world status. Fast forward to 2020, the HDB wealth story has taken a turn. Is holding on to your HDB a good long term investment plan which can see you through your golden years? After the property heyday of 2013, HDB flats began to trend downward in value As we can see on ..read more

Interested in joining the exciting and dynamic real estate industry? Some who wanted a career switch may have contemplated pursuing a real estate career. Why is this so? As with most businesses, you need 3 basic things to startup. They are : Staff Inventory Shop The start up cost to become a property agent in Singapore Is very low and this is one of the reasons why this career and business looks very attractive. Staff : You do not need to hire any staff as accounts, admin and legal staff for you is provided by the Agency. Inventory : You do not need to stock up on inventories as the propert ..read more

Both the Offer to Purchase and Option to Purchase is sometimes referred to as the OTP (although these days, “Offer” and “Option” are used to avoid confusion). They also happen quite close together in a property transaction process, hence it’s not surprising that buyers sometimes may confuse one for the other. The wording in the Offer to Purchase can later on affect the Option to Purchase. Here’s what you need to know: What is an Offer to Purchase? The Offer to Purchase is a formal letter from the buyer to the seller, expressing a serious interest in the property. Unlike the Option to Purchase ..read more

Tampines is a town close to my heart, having attended school there at one point in my life. I have witnessed first-hand the tremendous changes in its landscape. Today, Tampines town is a bustling regional hub, packed with malls, office complexes and recreational facilities. In today’s article, I hope to share with you a ‘hidden treasure’ that some of you may not be aware of! It is a new launch project that is highly sought-after by HDB upgraders and investors alike. It is none other than Treasure At Tampines. Did you know that more than 100 units in Treasure at Tampines were sold through virt ..read more

Hi everyone! We have entered Phase 1 of the Post-circuit breaker now. I hope that by now most of you are better adjusted to the changes such as working from home and putting on your face masks. As for me, I've been taking videos of vacant properties to show prospective tenants and buyers. I'm also working from home answering some of the questions which my clients have. There is a burning question on many people’s minds. Lots of clients and friends have been asking me this same question. In view of the covid-19 situation, is now the right time to buy a property? Since this is such a popular to ..read more

Thank You for visiting my blog! This year marks the 11th year of my real estate career. Hence, I thought it would be nice to commemorate this with an article charting snippets of my journey thus far. I remember walking into a real estate agency to sign up for a property crash course during my maternity leave in Nov 2009. That was just 1 month after I have given birth to my 2nd child. Why did I choose to spend 2 months of my maternity leave taking up a property crash course while I should be resting at home and taking care of my newborn? No, not because of the love for property, neither because ..read more

Behind every happy closing photo is a story, and this particular case is no exception! This is a story of how I was able to assist my client overcome challenges and confusion, eventually helping her achieve her goal of owning her first investment property. I’m very elated to share this with you. I would like to bring you behind the scenes to show you how I turned her dreams into reality, from the financing to the selection process of owning the "right" property. I still remember vividly how it started. One fine afternoon, while I was working from home, my phone rang. It was a WhatsApp message ..read more

Is It A Good Idea To Buy Property Under Your Child's Name? Recently, I served a couple who is keen to purchase an investment property. Both husband and wife already owned a property each under their own names. Therefore, another purchase under either of them would mean they have to pay for the Additional Buyers Stamp Duty (ABSD). In order to help them save on the ABSD and after accessing their financial capability, I suggested the possibility of them buying their next property under the name of their 5 year old child. However, before you set to do this, make sure you are mindful of the condit ..read more

Avoid These Costly Landlord Mistakes That Drains Away Profit (Part 2) While some mistakes merely drain away profits, others are more severe and could get you into trouble with the law. Without a guided experience, you may end up losing money, time, and sleep over common landlord mistakes on your investment properties. These common mistakes can be categorised into 4 main areas : 1. Legal 2. Financial 3. Management 4. Marketing In ,Part 1, we have already covered the "LEGAL" and "FINANCIAL" type of mistakes. Let's dive deeper into the "MANAGEMENT" and "MARKETING" types of mistakes in Part 2!. A ..read more