Are you a Singaporean, permanent resident or foreigner? Are you looking at buying your first or second property? Marco will provide sound advisory on the latest regulations and rules when buying a property, as well as an in-depth understanding of the buying process and what to look out for. On top of accompanying you for appointments and representing you in negotiations, Marco will take you through stages like valuation and bank loan approvals for a hassle-free process.
Will Layout Affect Your Property Prices?
All Property Buyers Must Know This
Buying a property is 1 of the biggest purchase of our lives! Whether for own stay or investing, we must know and understand all about the property. If we are not aware and prepared, opportunities to maximise our assets and profits could be lost in this dynamic real estate market!
The Government remains vigilant to the risk of a sustained increase in housing prices relative to income trends. All these measures are in place to promote a stable and sustainable property market.
Cooling Measures - April 2023
Cooling Measures - February 2023
Cooling Measures - September 2022
Cooling Measures - December 2021
The recent cooling measures will affect First-timer buyer, the upgrader and down-grader segments. Those looking to upgrade to a private home will have to rework their sums to ensure that they can make up the shortfall in loan quantum.
Buyers will either have to fork out more cash or draw more on their CPF account to fund the purchase; they may also consider less centrally-located and smaller homes to keep the overall price quantum affordable. Meanwhile, those who are looking to downgrade from private property to an HDB flat may put their plans on hold or have to rent in the interim. However, we think those facing financial hardship and needing to downgrade will likely appeal to the HDB.
Particularly, how does it affect you?
Do approach Marco to get your hands on the complete insights of the new cooling measures. After learning the facts, how should you react?
Is holding on and staying put the right thing to do at this junction? What are the OPTIONS available to you?
Get in touch with Marco
For a non-obligatory call and he will assist you with any property related queries.
Marco Liu
PropNex Realty Pte Ltd CEA Reg No. R024648H Associate Group Director Contact: 9190 4926 Email: m91904926@hotmail.com