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
The Hume MRT station will open in Q2 2025 and will serve more than 20,000 residents. The Circle Line Stage 6 will open in the first half of 2026 and will close the loop between HarbourFront and Marina Bay stations.
I foresee the opening of the Hume MRT station as a huge win for the ...property market in the surrounding areas.
Here's why:
* Increased Property Value:
* Improved Connectivity: The new station will significantly improve accessibility to the area, making it more attractive to potential buyers and tenants.
* Enhanced Convenience: Residents will have quicker and easier access to the city center, employment hubs, and recreational facilities. This increased convenience will boost the desirability of properties in the area.
* Higher Rental Demand:
* Attractive to Tenants: The improved connectivity and convenience will draw in more tenants, especially young professionals and families seeking a quieter, greener lifestyle.
* Potential for Higher Rents: With increased demand, landlords can expect to charge higher rental rates for their properties.
* Stronger Capital Appreciation:
* Long-Term Investment Potential: The positive impact of the MRT station on property values is likely to be long-lasting. As the area develops further, property prices are expected to continue to appreciate.
* New Development Opportunities:
* Prime Location for Developers: The station's strategic location could attract developers to build new residential and commercial projects in the area.
* Modern Amenities: These new developments may bring in modern amenities like shopping malls, restaurants, and entertainment options, further enhancing the appeal of the neighborhood.
In summary, the opening of the Hume MRT station is a game-changer for the property market in the surrounding areas. It offers a unique opportunity for homeowners, investors, and developers to capitalize on the increased demand and potential for growth.
With the upcoming Hume MRT station, now's the perfect time to consider your housing options. Whether you're a first-time home buyer, an investor, or looking to upgrade, this is your chance to capitalize on the potential of this growing neighborhood.
Don't miss out!
Do reach out to your preferred realtors or me to have a chat regarding your housing matters. Let's explore the exciting possibilities together.
Milson Ng
HDB resale prices defied the odds and edged up by 0.9% in November, even as the number of flats resold plunged 9.6%! 🤔
What's going on? Analysts say demand is still there, particularly for flats in mature estates. But the overall volume is down likely due to seasonal slowdown, ...cooling measures, and a recent surge of BTO flats.
So, is this a sign the property market is heating up again? Or is this a temporary blip?
And with the borders open, are more people traveling instead of buying homes?
Let me know your thoughts in the comments!
https://www.straitstimes.com/singapore/housing/hdb-resale-prices-up-0-9-in-november-but-volumes-decline-srx-99-co
2 housing sites in Holland Link and Chuan Grove are up for sale.
The site in Holland Link is 17,069 square meters and has a gross floor area of 23,897 square meters.
The site in Chuan Grove is 15,831 square meters and has a gross floor area of 47,495 square meters.
What... are your thoughts on the sale of these housing sites?
Do you think this will help to address the demand for housing in Singapore?
https://www.straitstimes.com/singapore/housing/ura-puts-up-housing-sites-at-chuan-grove-and-holland-link-for-sale
Is buying an investment home still a smart choice, or are listed property equities the way forward?
As interest rates and property taxes rise, owning an investment home comes with heavy financial commitments and risks.
On the other hand, listed property equities—shares in real... estate companies—offer an alternative route to real estate investing.
Here are 5 key differences:
1. Ownership: Investment homes give direct control, while equities represent fractional ownership in property firms.
2. Liquidity: Homes are illiquid, requiring months to sell, while equities can be sold quickly in stock markets.
3. Cost of Entry: Buying property demands high upfront capital, while equities allow entry with smaller amounts.
4. Returns: Homes yield rental income and long-term appreciation, but equities offer dividends and potential capital gains at a lower cost.
5. Diversification: Homes carry concentrated risks, while equities spread exposure across various assets.
Investors are drawn to equities due to lower costs and attractive dividends—e.g., real estate groups like CDL trade at significant discounts to net asset value (NAV).
Are you still confident about investment homes, or do rising costs make equities more appealing?
Could your strategy benefit from a diversified portfolio with listed property equities?
https://www.businesstimes.com.sg/opinion-features/pick-listed-property-equities-over-investment-home
Do you know the difference between good debt and bad debt?
Good debt, like a student loan or mortgage, can lead to future benefits.
Bad debt, like credit card debt, can drain your finances.
Here's an example:
* Good Debt: Taking on a housing loan to buy a ...property can be considered good debt. Over time, the property may appreciate in value, and you'll build equity.
* Bad Debt: Using a credit card for impulsive purchases or lifestyle expenses can lead to high-interest debt. This can significantly impact your financial health.
Are you mindful of the difference between good debt and bad debt?
Great news, homeowners! The Singapore government is giving a one-off property tax rebate in 2025, meaning most of you will see a lower tax bill.
Here's the breakdown:
* HDB Flats: Owner-occupied Housing Board flats will receive a 20% rebate.
* Private Properties: ...Owner-occupied private residential properties will get a 15% rebate, capped at $1,000.
The rebate is based on your property's annual value, with bigger rebates for lower-value homes. Homeowners with properties valued at $13,000 or less will receive a full rebate, and those between $13,000 and $21,000 will receive a partial rebate.
Here's how you can find out your annual value of your residential property by logging to the IRAS website:
* Log in to the myTax Portal using your SingPass.
* You can look up the annual value for the current year and the past five years anytime you wish.
This is a fantastic initiative by the government to help homeowners during these tough economic times. It's also a great way to encourage homeownership.
So, homeowners, are you excited about this property tax rebate? Let me know in the comments! Would you be able to save some money with this rebate?
* https://www.straitstimes.com/singapore/one-off-property-tax-rebate-in-2025-vast-majority-of-home-owners-will-see-lower-tax-bill
North-South Corridor Viaduct: A Step Towards a Smoother Future
A significant milestone has been achieved in the construction of Singapore's North-South Corridor viaduct. Half of the piling work on the foundation has been completed, marking substantial progress towards the ...project's 2027 completion date.
This development holds immense promise for Singapore's transportation infrastructure and overall development. Here's how:
* Enhanced Connectivity: The viaduct will significantly improve connectivity between the northern and southern regions of Singapore. By providing a direct and efficient route, it will reduce travel time, alleviate traffic congestion, and boost accessibility to key areas.
* Economic Stimulus: The construction of the viaduct is generating employment opportunities and stimulating economic activity in the region. It's contributing to the growth of local businesses and industries, fostering economic development.
* Sustainable Future: The project is being executed with a strong emphasis on sustainability. By incorporating eco-friendly design principles and utilizing innovative technologies, the viaduct aims to minimize its environmental impact and contribute to a greener future.
As the construction progresses, we eagerly anticipate the positive impact this vital infrastructure project will have on Singapore's transportation network and overall quality of life.
Great news for Tengah residents! 🏠 8,800 BTO flats are now officially completed, with residents moving into their new homes in the Garden district 🎉
This is a huge milestone for the development of Tengah, bringing a wave of new residents to the area.
Thinking of buying or ...selling a property in Singapore? 🤔
Finding the right realtor can make all the difference. Whether you're a first-time homebuyer or a seasoned investor, feel free to chat with me over coffee ☕️ to discuss your real estate goals! 😊
* https://www.straitstimes.com/singapore/housing/more-than-8800-bto-flats-completed-in-tengah
Millions demanded over condo encroachment: Who's to blame?
A hotel developer is suing condo owners in Singapore for $6 million over alleged encroachment during construction.
The developer claims the encroachment caused delays and financial losses, while the condo owners ...argue it was a minor and necessary part of construction.
Here's a quick breakdown:
* A hotel developer is suing Killiney 118 condo owners for $6 million.
* The lawsuit is over a boundary wall that allegedly extended into the developer's land.
* The developer claims this caused a delay and financial losses exceeding $4.5 million.
* The condo owners deny responsibility, saying it was a standard construction practice.
Do you think condo owners should be held responsible for minor construction mistakes, or is the developer overreacting?
Share your thoughts in the comments!
* https://www.straitstimes.com/singapore/hotel-developer-seeks-6-million-from-killiney-condominium-owners-for-encroachment-into-their
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