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Property News

6 things Singapore landlords MUST DO to survive in 2021

As Covid-19 surges on, building financiers are starting to become aware that it’s not business as usual. While there’s still rental demand, some proprietors might locate it more difficult to lease their homes to others in 2021. Additionally, government relief measures, such as deferments for home mortgages, will be finishing quickly in March 2021. If you’re a landlord/investor who is vested in residential or commercial property, right here’s what you require to do make it through 2021: 1. Don’t be in a hurry to reduced rent While you may be tempted to reduced rental rates, resist it. It’s completely feasible for rental rates in some areas to remain the very same, and still, be attracting or preserving tenants. Actually, condominiumContinue reading

Investment

3 Reasons Private property More affordable than most Singaporeans think

A lot of Singaporeans often tend to overstate the rate of personal property. Today, there are most likely several of you that approximate the cost of a rural condo to be someplace from $2 million, to two times the public debt of France. It’s just exactly how we’re educated to assume. Well, below are some reasons a private property a lot more affordable than a lot of Singaporeans presume: 1) The misconception that “no condominium is below a million bucks” How much would you claim is the minimum price for a condo? A million bucks? $800,000? Well, a fast search for condominiums valued at $700,000 or below returns over 3,300 outcomes on 99. co . And prior to you jumpContinue reading

Property News

999-year leasehold residential site at 48 Hillside Drive has been put up for sale

A 999-year leasehold residential site at 48 Hillside Drive has actually been offered with an overview price of $18 million or about $855 per sq ft (psf) on the website location, disclosed single advertising and marketing representative Edmund Tie. Situated within the mature Kovan estate, the 1,955.2 sq m (21,046 sq ft) site is zoned for domestic use under the 2019 Master Plan with a story ratio of 1.4 and also is held by a single owner. The advertising representative noted that the home is excellent as a grand residence of a high-net-worth person or a multi-generational family member. It can likewise be redeveloped right into various landed real estate kinds or as a boutique household advancement with approximately 27Continue reading