
Benefits of Decluttering Your House Before Selling
If you’re planning to sell your house, decluttering should be at the top of your to-do list. Not only is it free, but it also
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If you’re planning to sell your house, decluttering should be at the top of your to-do list. Not only is it free, but it also
Singapore Property Market: Cooling Down?
Good news for homebuyers!
Property price growth in Singapore is showing signs of moderation in Q1 2025, according to recent reports. This is attributed to an increase in housing supply, with the government planning to launch over 50,000 ...BTO flats in the next three years.
Resale HDB flat prices grew at the slowest pace in five quarters, and private home price increases have also softened.
While resale volumes have decreased, this could indicate a shift in market dynamics.
* HDB resale price index grew by 1.5%.
* Private residential price index increased by 0.6%.
* Resale volume dropped by 7.7%.
What does this mean for you? Are you considering entering the property market soon?
What are your biggest concerns or hopes regarding the current market trends?
Singapore Property Market: Cooling Down?
Good news for homebuyers!
Property price growth in Singapore is showing signs of moderation in Q1 2025, according to recent reports. This is attributed to an increase in housing supply, with the government planning to launch over 50,000 ...BTO flats in the next three years.
Resale HDB flat prices grew at the slowest pace in five quarters, and private home price increases have also softened.
While resale volumes have decreased, this could indicate a shift in market dynamics.
* HDB resale price index grew by 1.5%.
* Private residential price index increased by 0.6%.
* Resale volume dropped by 7.7%.
What does this mean for you? Are you considering entering the property market soon?
What are your biggest concerns or hopes regarding the current market trends?
I only invest in freehold properties, this is a very statement shared by some of my clients because freehold properties can pass down to my next generation.
But is that the whole story?
Singapore's property market is a complex beast, especially when comparing leasehold and ...freehold condos. Recent data reveals a fascinating trend: the profitability gap is shrinking, particularly for leasehold properties located near MRT stations.
This challenges the traditional notion that freehold is always superior.
Leasehold Properties: More Than Just a Temporary Home
Leasehold condos, often perceived as less desirable due to their limited tenure, are proving to be savvy investments.
They're typically more affordable, allowing investors to enter prime locations without breaking the bank. The convenience factor, especially proximity to MRTs, drives strong price appreciation.
Moreover, with increasing development near transport hubs, these properties are witnessing robust transaction volumes.
Five Fun Facts About Leasehold:
* Lower entry prices open doors to prime locations.
* MRT proximity significantly boosts capital appreciation.
* Strong rental yields due to high tenant demand.
* Modern amenities and facilities often found in newer leasehold developments.
* Potential for en-bloc sales before lease expiry.
Freehold Properties: The Legacy Investment
Freehold condos, with their perpetual ownership, remain coveted for their legacy value.
They're seen as assets that can be passed down through generations, ensuring long-term wealth preservation. However, their higher prices can be a barrier to entry.
Five Fun Facts About Freehold:
* Perpetual ownership offers peace of mind and legacy potential.
* Generally commands premium prices, reflecting their long-term value.
* Limited new launches in central locations, increasing scarcity.
* Strong resale market, particularly in established neighborhoods.
* Perceived as a hedge against inflation and economic uncertainty.
As leasehold profitability rises, will the "legacy" factor of freehold still justify the premium?
How will the increasing density and urban development impact the long-term desirability of freehold properties in prime locations?
Don't let assumptions dictate your investment decisions.
Reach out to Milson Ng for detailed data on recent transactions, and let's navigate the Singapore property market together, ensuring you make informed and profitable choices.
It's true that Hundred Palms EC has garnered significant attention, and here's a breakdown of ten key selling points, considering the factors contributing to its high demand:
Factors Driving High Demand:
* Mature Estate Location:
* Hundred Palms EC is situated in a mature ...estate, meaning it benefits from established amenities, infrastructure, and conveniences. This includes easy access to schools, markets, and other essential services.
* Strong Potential for Capital Appreciation:
* Executive Condominiums (ECs) in Singapore, especially those in desirable locations, have historically shown strong potential for capital appreciation after the Minimum Occupation Period (MOP). Hundred Palms has shown this factor strongly.
* "EC" status value:
* ECs offer a unique proposition: subsidized housing with condo-like facilities. This appeals to those seeking an upgrade from HDB flats but find private condos too expensive.
Ten Selling Points:
* Record-Breaking Resale Values:
* Hundred Palms has achieved record-breaking resale prices, indicating its strong market value and desirability. This includes records of highest recorded pricing for non pent house EC units.
* Significant Capital Gains:
* Owners have experienced substantial capital gains, making it an attractive investment for those seeking financial returns.
* Desirable Location:
* Its location in Yio Chu Kang offers excellent connectivity and proximity to essential amenities.
* Quality Development:
* Developed by Hoi Hup Realty, it's known for its quality construction and well-designed facilities.
* Comprehensive Facilities:
* The EC offers a full suite of condominium facilities, providing residents with a comfortable and enjoyable lifestyle.
* Proximity to Reputable Schools:
* Being close to reputable schools enhances its appeal to families with children. Yio Chu Kang Primary School is located nearby.
* Connectivity:
* Good access to major roads and upcoming public transport infrastructure.
* Post MOP market strength:
* The fact that after the MOP, the units are showing very strong resale values, shows the strength of the property.
* Relatively new compared to surrounding estates:
* Even though it is in a mature estate, the EC itself is relatively new, providing modern living spaces.
* The EC factor:
* It provides a good balance between government subsidized housing, and private condo living.
Call to Action:
* If you're looking for a property with strong investment potential and a comfortable lifestyle in a mature estate, Hundred Palms EC is worth considering. DM Milson to have a chat regards to your real estate matters.
Singapore’s core inflation dropped to 0.6% in February, marking the lowest level in nearly four years. This slowdown was seen across key sectors—food inflation eased to 1%, services inflation fell to 0.8%, and private transport costs increased at a slower pace of 1.6%.
The continued ...decline suggests that price pressures are easing, which could impact both businesses and consumers in Singapore.
For businesses, lower inflation may lead to slower wage growth and cost savings on operations.
Homeowners and companies may benefit if borrowing costs remain stable. However, on the consumer front, weaker inflation could signal slower economic growth, leading to cautious spending among Singaporeans.
With the Monetary Authority of Singapore’s (MAS) April policy review coming up, there could be a shift in Singapore’s economic approach.
Will this low inflation environment be good or bad for your financial situation?
Share your thoughts!
Friends looking to upgrade or buy an Executive Condominium (EC), exciting news awaits!
The Housing and Development Board (HDB) has launched a new EC site at Senja Close in Bukit Panjang, offering around 295 residential units with a family-friendly early childhood development center. This ...is an excellent opportunity for first-time buyers and HDB upgraders looking for affordable private-style living.
Who Can Buy an EC?
To be eligible, buyers must meet these requirements:
✅ At least one Singapore citizen in the application
✅ Combined household income not exceeding $16,000 per month
✅ Applying under one of these schemes: Public Scheme, Fiance/Fiancee Scheme, Orphans Scheme, or Joint Singles Scheme
✅ Must not own private property or have disposed of any in the last 30 months
Is There a Resale Levy?
Yes, HDB upgraders (who previously bought a subsidized flat) must pay a resale levy, ranging from $15,000 (2-room flat) to $55,000 (executive flat). However, first-time buyers are exempt!
With ECs priced about 25-30% lower than private condos, plus strong resale profits historically, this could be your best upgrade yet!
Let’s discuss if this fits your plans.
🚨 Ex-DBS Manager Jailed for Cheating Clients! 🚨
A former wealth planning manager at DBS Bank has been sentenced to 2.5 years in jail for cheating clients of $348,000! Pang Yuheng, 28, lured victims with fake fixed deposits offering sky-high interest rates (4% to 12.88%!).
...He used the money for online gambling and personal investments, leaving a trail of financial ruin. This case is a stark reminder to stay vigilant and informed when investing.
Always verify investment opportunities and be wary of promises that sound too good to be true. Trust your gut and never hesitate to seek a second opinion.
3 Things to Note When Investing with Banks:
* Verify Investment Opportunities: Always double-check the legitimacy of any investment product offered, even if it's from a reputable bank.
* Be Wary of High Returns: Be skeptical of investment schemes promising unusually high returns. If it sounds too good to be true, it probably is.
* Trust Your Gut: If something feels off or you're pressured to invest quickly, take a step back and seek advice from a trusted financial advisor.
Question:
Would you place business with strangers or people whom you meet like friends or relatives whom you meet regularly or rarely?
In 2025, prices of private resale homes may increase by 7 per cent, driven by a surge in demand as buyers seek more affordable alternatives to new condominiums.
The private resale market has seen a strong resurgence, with sales rising by almost 25 per cent year on year, even as prices ...climbed. This trend is largely fueled by HDB upgraders making the leap to private housing, reflecting growing confidence in long-term property investments.
At the same time, the supply of new private homes is expected to shrink, with completions dropping by 41.3 per cent to just 5,348 units in 2025. This limited supply could further intensify competition in the resale market, potentially pushing prices even higher.
With these shifting dynamics, the private resale market presents exciting opportunities for both buyers and sellers. Thinking about your next move? Reach out to @milsonngofficial today for a chat about your real estate needs!
In 2025, prices of private resale homes may increase by 7 per cent, driven by a surge in demand as buyers seek more affordable alternatives to new condominiums.
The private resale market has seen a strong resurgence, with sales rising by almost 25 per cent year on year, even as prices ...climbed. This trend is largely fueled by HDB upgraders making the leap to private housing, reflecting growing confidence in long-term property investments.
At the same time, the supply of new private homes is expected to shrink, with completions dropping by 41.3 per cent to just 5,348 units in 2025. This limited supply could further intensify competition in the resale market, potentially pushing prices even higher.
With these shifting dynamics, the private resale market presents exciting opportunities for both buyers and sellers. Thinking about your next move? Reach out to Milson today for a chat about your real estate needs!
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