Posts by Desmond Ng
A Change in Trend for Hong Kong Tiny Homes
Hong Kong has long had a problem with housing affordability and overcrowding, leading to the proliferation of small living spaces known as “nano apartments” or, more ominously, “coffin homes.” These small dwellings have traditionally been popular among cash-strapped residents looking for a more affordable place to live. However, for the first time since 2014, buyers…
Read MoreSingapore Attracting Wealthy Chinese Immigrants and Investors Due to Economic and Social Issues in China
In a recent article by South China Morning Post, titled “Covid-weary Chinese millionaires eye Singapore amid ‘chaos and unpredictability’ at home”, it appears that Singapore is becoming an increasingly popular destination for Chinese professionals and the wealthy due to the economic and social issues they are facing in China. Some of the main factors driving…
Read More“Singapore Home Buyers Unfazed by Rising Mortgage Rates”
According to analysts, the increasing cost of borrowing is unlikely to have a major impact on Singapore’s property market due to several factors, including wealthy buyers, high rental demand, and an influx of foreign residents. Singapore’s real estate market is backed by wealth, similar to markets such as Shanghai and Beijing where many people buy…
Read MoreShould You Use All Your CPF on Buying Property?
So you are hitting 30 and at the prime of your life, isn’t it a little early to talk about retirement now? Isn’t that decades away for most of us? As a matter of fact, it’s important to start planning for our future RIGHT NOW, while we have the runway to grow our savings. According…
Read MoreSingapore Covid Resilience
15 July 2020 – Despite no new major project launches, new private home sales in Singapore rebounded strongly in June 2020, surging by about 105% to 998 units (excluding Executive Condos) from the 487 units transacted in the previous month. Notably, this is the highest new home sales in the month of June since 1,806 units…
Read MoreWhy Invest in Singapore?
Strategically located in the heart of Asia, Singapore has a land area of about 710 square kilometres with a planned population expansion from 5.5 million to 6.9 million* by 2030. Singapore is also a thriving cosmopolitan city with a multicultural population. Ethnic Chinese make up about 74.3% of the population and Malays comprise 13.3%. Indians…
Read MoreInvesting in Singapore Commercial Properties
Property investors in Singapore typically focus on buying residential properties, but do you know that you can invest in commercial properties as well? In fact, after property-cooling measures were introduced in 2013, property investors started looking at commercial properties because they do not incur additional buyer’s stamp duty (ABSD). This article will give you a primer to the…
Read MoreGuide to Buying Property in Singapore as a Foreigner.
BUYING IN SINGAPORE The residential market in Singapore is very diverse and offers a variety of lifestyle options ranging from city living to suburban living; high-rise housing to landed homes; plenty of choices catering to young working professionals as well as families. Most of the condominiums in Singapore are equipped with facilities such as gyms,…
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