On 19 Feb 2018, the ministry of finance announced the increment of buyer stamp duty by 1% for residential property exceeding S$1,000,000 in value. Here are the changes: Before 20th Feb Buyer Stamp Duty (Old Rate) After 20th Feb Buyer Stamp Duty (New Rate) First...
To work out the sales proceeds (or cash) you will receive from the sales of your HDB, you will need the following information: Estimated Sales Price of Your Property Outstanding Mortgage Loan Amount CPF Monies Utilised Property Agent Commission Legal Fees Mortgage...
Executive Condo (EC) or BTO? This question has been asked many times, and there are many other articles addressing this question. Instead of campaigning for one party based on commonly known attributes like facilities, the size of the bedrooms, etc., this article will...
Mortgagee Sales. Fire Sales. Everyone wants a good deal. However, the questions are, do you know where to find them, are you prepared for it, are they excellent deal? In this article, you will have answers to the above questions. What are Mortgagee Sales (or Fire...
In the earlier article, “Executive Condo (EC) or Private Condominium”, we raised a point that the owner of the EC, like the owner of a private condominium, can cash out from their EC without selling their home using a home equity loan. Since then, we have received...