What is my home worth? Get a FREE Estimated Home Value Report

What is my home worth? Get a FREE Estimated Home Value Report

What is my home worth? Get a FREE Estimated Home Value Report

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What is my home worth? Get a FREE Estimated Home Value Report

For educational purposes only. All copyrights belong to their respective owners. Get Full HOME Report FREE #AskR…

For educational purposes only. All copyrights belong to their respective owners.

Get Full HOME Report FREE #AskRealtorMani 📞 💬 8300 4411

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Like a bank statement, get a FREE, personalized webapp showing Facts & Figures for your Home & Neighbourhood Listings & Transactions.
Plus, a free monthly SMS with your updated home value.

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HOME FACTS & FEATURES
View information about your property value and the historical chart

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NEIGHBOURHOOD LISTINGS
Find out what your neigbours are selling

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NEIGHBOURHOOD TRANSACTIONS
Find out what your neigbours are transacting.

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This real-time report tracks price and rental changes of your home, and alerts you to sale and rental activity in your neighbourhood.
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X-ValueTM for Real-Time Property Appraisal

X-ValueTM is a computer-generated appraisal of a home’s market value. Developed with government and private funding, it sources from the nation’s most comprehensive property database and instantaneously calculates a single value for every home using best practices methodologies, including comparable market analysis.

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Your Home is Worth, What?
Like a bank statement, get a FREE, personalized webapp showing Facts & Figures for your Home & Neighbourhood Listings & Transactions.
Plus, a free monthly SMS with your updated home value.
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Now you are ready to view your Home Facts and Figures as below
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X-Value™ serves as a guide for general reference and negotiating. If you require an official appraisal for a specific purpose such as for sale, purchase, mortgage, accounting, internal transfer etc. for all types of properties including landed residential, commercial and industrial by certified appraisers
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Home ReportTM

FREE: Get the public version of the report that the professionals use to price property and devise marketing and negotiation strategies. S$ 88.00 / unit (incl GST)

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60 Biggest Mistakes Made by

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How to Avoid Them?

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En-Bloc COLLECTIVE SALES Guide 101

En-Bloc COLLECTIVE SALES Guide 101

En-Bloc COLLECTIVE SALES Guide 101

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En-Bloc COLLECTIVE SALES Guide 101

How to Spot En-Bloc Potential in Singapore? Why the collective sale matter for you? How to spot condominiums wit…

How to Spot En-Bloc Potential in Singapore?

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Why the collective sale matter for you?

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How to spot condominiums with en-bloc potential?

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En bloc sales for dummies – what happens when a property goes en bloc

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COLLECTIVE SALES IN SINGAPORE: FREQUENTLY ASKED QUESTIONS

Why would people want to undergo the en bloc process?
Why is en bloc significant?
How is the en bloc process done?
So what now?

Collective sales in Singapore: What does this mean for home prices?

The collective sales and en bloc fever in Singapore is far from over. Recent estates which have been released from sale include How Sun Park, near Bidadari, as well as Pearlbank Apartments in Outram. If successful, these will add to the approximately 2,700 homes which have been sold en bloc in 2017. This is a marked increase from the 600 homes which were sold via the same last year.

SINGAPORE EN BLOC 101: The ultimate collective sale guide

1) How do I know if my condo has en bloc potential?
2) How do I start an en bloc attempt?
3) What if I can’t get enough consenting owners to go en bloc?
4) What happens if I don’t want to go en bloc?
5) How long is a typical en bloc process?
6) When will I get my money if the collective sale is successful?
I7) What is the impact of collective sales on property prices?
8) What if there are no bids for my en bloc property?
9) How long is this en bloc cycle likely to last?
10) If my property is sold in an en bloc, will I be eligible to purchase a new HDB (BTO) or an EC?
11) I am Singaporean and my en bloc property was my first and only private residential property. Will I be subject to the 7% Additional Buyer’s Stamp Duty (ABSD) for my next property purchase?

12) What is a bridging loan and how can it help en bloc owners?

Practice Circular on Collective Sale of Property

Practice Circular provides guidance on conducting a collective sale of a property
With the renewed interest in collective sale of properties, CEA has issued a Practice Circular to guide the industry on the general duties expected of estate agents and salespersons when conducting a collective sale of a property.
Being agents to the Collective Sale Committee (CSC), estate agents and salespersons are sub-agents of all subsidiary proprietors. In view of this, they are required:

  • To act in good faith and obtain the best price possible for all subsidiary proprietors;
  • To act in accordance with procedures laid out in the Land Title (Strata) Act;
  • To act even-handedly between all subsidiary proprietors;
  • To avoid any potential or actual conflict of interest;
  • To make full disclosure of relevant information;
  • To act in a transparent manner and with conscientiousness, care and diligence;
  • Not to make or attempt to make secret profits.

8 USEFUL THINGS TO KNOW ABOUT EN BLOC SALES

En bloc fever is now on (again) in Singapore. Whether or not your crummy old apartment will reap you a windfall, it’s still good to know what your fellow Singaporeans are going nuts about

Enbloc Sales Process – 8 Potential Conflict to know about

EN BLOC SALES News

Why Singapore En Bloc Fever Will Continue in 2018

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Collective Sale

News, Resource and information of Collective Sale for Singapore property market by PropertyGuru.com.sg, Singapore’s leading property site.

En Bloc Sales 2018 April

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collective sale news

En Bloc Sales 2018 March

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Collective Sales

We band the interest of strata owners together to agree and unlock the latent value of the land their properties sit on.

En bloc / Collective Sales

We advise clients on the full range of acquisition and disposal services across all asset classes, including en-bloc developments. Our team provides solutions to developers, fund managers, institutional investors and UHNWIs, amongst others.

En Bloc Sales 2018 Jan & Feb

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Collective Sales and En Bloc Sales in Singapore. Will the Trend Continue? | Cushman & Wakefield Research

As URA indicated that it will not significantly increase the GLS supply, developers who are still looking to shore up their land bank are likely to turn to collective sale sites.
Previous research by C&W indicated that in contrast to past collective sale cycles which was led by freehold projects, the current cycle was however led by 99-year leasehold projects. Indeed, the future supply from 2018 onwards currently comprises of approximately 25,500 99-year leasehold units, as compared to just 4,900 freehold units.
Therefore, there is an undersupply of freehold units which present an opportunity for developers who still prefer freehold sites over leasehold ones. Developers who acquire freehold sites will be able to target long-term investors and buyers with a preference for freehold status, such as those who have a strong bequest motive.

The Big Read: En bloc wars erupt once more, turning neighbours into foes

SINGAPORE — Seven years after the last en bloc fever, many Singaporeans living in condominiums scattered across the island are once again caught up in a world where neighbours become millionaires or bitter enemies overnight, and a pot of gold awaits, literally, at the cost of their home.

Collective benefits

Why do developers pay a premium for en-bloc sale sites? The answer lies in the redevelopment timing option

For educational purposes only. All copyrights belong to their respective owners.

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DOWNLOAD: En-Bloc Sale? Ultimate Guide 101

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How to keep a cool head in the sizzling property market

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Riding the en bloc fever wave

Why investors are looking to purchase creaky, old properties

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En Bloc Sales – how does it work? – 99.co

En bloc sales for dummies – what happens when a property goes en …

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Collective sales: What does this mean for home prices? – 99.co

En Bloc Sales: How Much Do Private Property … – MoneySmart blog

Going En-Bloc? Here’s What Happens! – MoneySmart.sg

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Enbloc Sale – Can you lose money from it? | The Online Citizen

Money Mysteries: What Happens to Your Money During an En-bloc …

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How the en bloc process works – Propwise.sg

What You Need To Know About En-Bloc Sales In Singapore …

En bloc sale – the good, the bad and the ugly – Property Soul

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Going En-Bloc? Here’s What Happens! – MoneySmart.sg

Coping With En Bloc Fever – e-Storm Community – Storm

En-bloc Step by Step- Legal Aspects – OTP Law Corporation

En bloc frenzy: 3 questions you may have about the current hype over .

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The Ultimate Home Buyer’s Seller’s Guide

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How To Find Below Market Value Property Deals?

How To Find Below Market Value Property Deals?

How To Find Below Market Value Property Deals?

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How To Find Below Market Value Property Deals?

Would you be interested in a 30-minute briefing to see how to find below market value property deals? I will sho…

Would you be interested in a 30-minute briefing to see how to find below market value property deals? I will show the premium software tool that I use including the entire Singapore property database that is not available to the public. Does this interest you? WhatsApp Mani 📞 💬 83004411 http://bit.ly/ClickToLiveChat

For educational purposes only. All copyrights belong to their respective owners.

Get Full HOME Report FREE #AskRealtorMani 📞 💬 8300 4411

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Here are 10 Ways to Buy Property Below Market Value:

1. Make sure that it is a cash-flowing property

2. Do your due diligence

3. Make sure there is rental demand

4. Seek out motivated sellers

5. Advertise locally

6. Don’t take “BMV” at face value

7. Don’t buy in the Bronx

8. Don’t buy properties that need too much work done

9. Don’t go through “middle men”

10. Don’t be afraid to haggle
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How to bottom fish for property deals

Top 10 properties for sale below The Edge Fair Value

Older freehold apartments below $1,000 psf are value-for-money buys

How & Where To Find Undervalued Properties In Singapore?

Top 3 Undervalued Properties

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Singapore’s high-yield rental properties have these 3 things in common

Here’s the salary you need to buy a condo in Singapore’s prime districts, city fringes & suburbs

Where Are Undervalued Properties For Sale or Rent Located in Singapore This Week?

What are the Under-performing HDB Towns?

How & Where To Find Undervalued Properties In Singapore?

Top 3 Undervalued Properties

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Did you buy or sell a property that’s below market X-Value?

How to bottom fish for property deals

10 things that you don’t know about the Condo Gain. Get full Comparative Market Analysis Report FREE!

Why You Need Home Report before Buying and/or Selling Property? Top 5 Reasons

Valuation 101

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DOWNLOAD: Report. Is HDB Market Recovered?

5 Minute Guide to buying Singapore property as a foreigner

4 Tips For Expats Renting in Singapore

How to spot condominiums with en-bloc potential?

Why Investors Consider New Launch Condo, Not Resale Condo?

5 Minute Tutorial. Buying foreign property!

Condo 101 – Buyer’s Guide

3 Easy Steps Create Your Own SINGAPORE’S PROPERTY MARKET INFORMATION Using e-Services Tool

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Why Should I Buy A Property Now? Facts You Need to Know!

Guide to landed property in Singapore

DOWNLOAD: The Time’s Right To Buy A New Home!

9 Mistakes To Avoid Before You Visit A Showflat Today

Buying a Foreign Property? Warning!

You will Lose Deals, Money If You Don’t Know This Real Estate Strategy!

How Can I Buy A Private Property If I Own A HDB?

Private Home Buyers’ Guide URA

DOWNLOAD Relocation Guide to Singapore

4 Favourite Mistakes Singaporeans Make When Purchasing Their First Home

Top 5 Tips For First-Time Home Buyers

Are You Screwing Yourself Buying Old Property?. Important Things That You Should Know When Buying A Old Property!

5 Minute An expat’s starter guide to renting a home in Singapore

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Why you should never make private deals to buy or sell your house to relatives

Private deals to sell your property are right up there alongside smoking at petrol stations, or airing another season of Point of Entry – in other words, really bad ideas. And if you think it’s less risky when family is involved, you’re wrong – all it takes is one miscommunication, and you will be banned from all future family reunions.
What are common private deals?
Read more…

Read more…

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Home ReportTM

FREE: Get the public version of the report that the professionals use to price property and devise marketing and negotiation strategies. S$ 88.00 / unit (incl GST)

DOWNLOAD Sample Home Report

AskREALTOR Mani Get Your Home Report (Compliment)

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60 Biggest Mistakes Made by

Property Buyers & Sellers.

How to Avoid Them?

Got questions about your property?

Buy or Sell or Hold?

I can answer your questions

Let’s chat on WhatsApp: 8300 4411

DOWNLOAD

The Ultimate Home Buyer’s Seller’s Guide

DOWNLOAD

DOWNLOAD

Don’t miss more posts by REALTOR Mani 玛尼 மணி Subramanian Veeramani
Check it out my posts (700+) https://www.linkedin.com/today/posts/AskRealtorMani

📞+6583004411 www.bit.ly/MessageMani

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How To Choose Investment Property FENG SHUI

How To Choose Investment Property FENG SHUI

How To Choose Investment Property FENG SHUI

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How To Choose Investment Property FENG SHUI

Would you be interested in a 30-minute briefing to see how to find below market value property deals? I will sho…

Would you be interested in a 30-minute briefing to see how to find below market value property deals? I will show the premium software tool that I use including the entire Singapore property database that is not available to the public. Does this interest you? WhatsApp Mani 📞 💬 83004411 http://bit.ly/ClickToLiveChat

For educational purposes only. All copyrights belong to their respective owners.

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You’ve decided to invest in property, so what’s next?

When it comes to investment properties, many owners opt for quick fix wealth remedies over holistic
Feng Shui designs. After all, getting maximum returns is the order of the day right?
It is essential that you approach your investment property’s Feng Shui the same way as you would for your
personal space. Creating a conducive living environment attracts buyers and
that’s certainly going to improve your bottom line.
So what should you look out for before confirming your purchase?
Here’s a step-by-step Feng Shui checklist for selecting your first investment property.
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Read more…
FENG SHUI

Chinese Horoscope 2018 – Lunar New Year of the Earth Dog

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How To Find Below Market Value Property Deals?

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How To Find Below Market Value Property Deals?

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How To Find Below Market Value Property Deals?

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Why you should never make private deals to buy or sell your house to relatives

Private deals to sell your property are right up there alongside smoking at petrol stations, or airing another season of Point of Entry – in other words, really bad ideas. And if you think it’s less risky when family is involved, you’re wrong – all it takes is one miscommunication, and you will be banned from all future family reunions.
What are common private deals?
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How 2nd CBD Shaping Up? Why Twin Vew Condo? What Is The Big Deal?

How 2nd CBD Shaping Up? Why Twin Vew Condo? What Is The Big Deal?

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6 Reasons you should consider Twin Vew Condo: Right Location✔️; Right Time✔️; Right Price✔️; Right Condo✔️; Right Developer✔️; Right move✔️
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1. By an established developer with excellent track records in residential projects construction
2. Twin Vew is located in West Coast Vale which is an exclusive private residential estate
3. Close to the Jurong CBD and the KL-Singapore High Speed Rail Terminus
4. Short drive to Clementi MRT, reputable educational institutions, research hubs, hospitals and shopping malls
5. Potential unblocked views of Pandan reservoir and city
6. Close to the planned Jurong Region Line and Cross Island Line MRT

Why Now?

1. Register online to get E-Invitation for Showflat viewing Appointment.
2. Submit your Registration online to get FREE District 05 property report and update.
3. Enjoy Direct Developer Discount.
4. Enjoy Early Bird Discount.
5. Priority selection of choice unit.
6. No Agent fee involved.
7. Latest update of prices and information on Twin Vew

Why Twin Vew Condo ?

  • Unparalleled connectivity – Twin Vew location is excellent and easily accessible. It is extremely well connected to major expressways and main roads such as the Ayer-Rajah Expressway(AYE) that takes you to places of interest like Queensway, Tanjong Pagar, Marina Bay Financial Center and eventually to Changi Airport in the East. Twin Vew Clementi is also connected to the Pan Island Expressway(PIE) where drivers can get to the more central region of Singapore such as Toa Payoh, Orchard Road and Eunos. PIE is also connected to Kranji Expressway(KJE) and the Central Expressway(CTE).
  • For public transport commuters, there should be a shuttle bus service in Twin Vew condo to serve residents and tenants who doesn’t drive. It should travel to and fro from either Clementi or Jurong East MRT station everyday in 15 minutes to 20 minutes interval. Alternatively, there are 2 bus stops within walking distance in the precinct. Along the AYE and about 4 minutes walk away from Twin Vew, the buses available are 97, 201, 154, 197. There is another bus stop along West Coast Highway where there are bus numbers 176, 655, 30, 51 and 143 too!
  • More excitingly, there will be an MRT station within close proximity toTwin Vew that is under planning and evaluation. Being the 7th Mass Rapid Transit(MRT) Line of Singapore, the Jurong Regional Line(JRL) will complement the East West Line and North South Line to serve the students of Nanyang Technological University(NTU) and workers of CleanTech Park and the Jurong Industrial Estate.
  • Convenience with Amenities – The surrounding of Twin Vew condo location has plenty of convenience and amenities to offer. In the second CBD of Singapore Jurong East Central, we have shopping malls such as Jurong East Mall(JEM), JCube, IMM, BigBox and Westgate where you can find almost everything there from clothing apparels, groceries in the many supermarkets and eateries such as food courts and restaurants.
  • In the Clementi area, there are also West Coast Plaza, 321 Clementi, Clementi Mall and CityVibes to serve the shopping needs of Twin Vew residents shopping needs. For places that serves our local delicacies, we are surrounded by many food courts, coffee shops and hawker centers such as Blk 415 and Blk 416 Pandan Gardens, Blk 448 Clementi avenue 3 hawker center and the nearby Ayer Rajah Food Center.
  • Developer with good track records – Twin Vew condo developer China Construction is not new in Singapore’s real estate development scene. They are established here since 1992 as a subsidiary of the regional China State Construction Engineering Corporation (CSCEC). From a registered contractor G4 status where tendering limit is up to $5 million, they have grown tremendously and are now categorised as A1 status with unlimited tender capability. They have a massive 700 staffs and 4500 skilled workers with a myriad of prominent projects under their belt. Other than the upcoming Twin Vew Condo, they are now involved in residential projecst such as 70 Saint Patricks, Seahill, eCO and Alexendra View.
  • Nearby Schools – There are an abundance of renowned educational institutions within close proximity to Twin Vew Singapore. Parents have the luxury to select from National University of Singapore(NUS), Singapore Polytechnic, Ngee Ann Polytechnic, School of Science and Technology, INSEAD, Nan Hua primary and high school, Clementi Primary School, Pei Tong Primary School, Qifa Primary School, Clementi Town Secondary School, Clementi Woods Secondary School, NUS High School of Mathematics and Science, Tanglin Secondary School, Yale-NUS College, ITE College West (Clementi Campus) and Commonwealth Secondary School. To cater to expat tenants here in Twin Vew, there are a number of International schools to such as International Community School, Japanese School and Japanese kindergarten.
  • Scarcity – There is only a small amount of new condominiums in Clementi and Jurong. The vast disparity in the demand over supply here can be seen in the outstanding sales of Parc Riviera just adjacent to Twin Vew. Launched in the last quarter of year 2016, Parc Riviera condo saw itself 98% sold in early August 2017. This is amidst the bleak real estate market in Singapore where transaction volumes are not positive. Besides giving credit to the attractive selling price at an average of $1300 per square foot, one cannot deny the demand of assets in this region. 740 units of 1 bedroom to 4 bedroom sold within 9 months is definitely no easy feat!There are other older developments near to Twin Vew condo as well. Condominiums such as Botannia, Hundred Trees, The Infiniti, Carabelle, Montery Park Condo and NEWest. These developments are of an older age and does not have a high plot ratio. This means that they have a certain height restriction and are built at between 15 to 20 storeys. As a comparison, the plot of land where Parc Riviera and Twin Vew is located, they bear a plot ratio of 2.8 where buildings can be built up to around 38 to 40 storeys! Residential developments in the west coast area has never seen such heights until now in fact.To add on, land plots with a high plot ratio will be more appealing to developers when a en-bloc happens. Though too early to talk about at this juncture, it may be a consideration factor to your future buyers when you plan to dispose in the resale market.
  • Functional layout – The Twin Vew floor plan is expected to be extremely functional with no wastage of space. Sighting their previous completed projects, there should be a wide range of unit mix from 1 bedroom to 4 bedroom and penthouses accommodating to buyers who are looking to build a home with their families or for investors looking to reap some profits.
  • Excellent facilities – There will be a wide array of lifestyle facilities for dwellers of Twin Vew condo. You can enjoy valuable family time in the 50 meters lap pool, children wading pool, BBQ area and indulge yourself in the lush greeneries that the beautiful landscape presen
  • Good rental and appreciation potential – There are not much supply in the western region of Singapore. This low supply has a great impact on the good rental yields in this region so far. There is a high rental potential and good tenant profiles for future landlords of Twin Vew. Sitting right across the AYE is International Business Park where big companies and MNCs such as Swiber, Creative and MobileOne are in operation. This is excluding the professionals of future Jurong Regional Center, expatriates from One-North at Buona Vista and lecturers of National University of Singapore.
  • Twin Vew condo is also extremely near to Jurong Regional Center, the 2nd CBD and part of the de-centralisation plans in Singapore. Today, we are already witnessing the massive transformation of Jurong East. From the many plots of vacant land surrounding Jurong East MRT station in the 1990s till now where 4 shopping malls, a record selling condominium(J Gateway), a hospital(Ng Teng Fong Hospital), the first sub-urban area hotel(Genting Hotel) and the future High Speed Rail(HSR) that already exists or in progress. With all these infrastructures in place and running in time to come, the direction of Twin Vew price should not deviate too much from Northward.
  • Medical Facilities – Besides all the convenience, amenities and connectivity Twin Vew condo is offering, it also has medical facilities nearby which not all locations have. Nearest to us will be the newly opened Ng Teng Fong hospital and Jurong Community hospital. Both facilities are the first hospitals in Singapore designed and built together from the ground up as an integrated healthcare development. The 700 bed hospital features an abundance of new process and technologies where some are the first in Singapore.
  • Slightly further towards the east of Twin Vew, we have the National University Hospital of Singapore(NUH). Established in 1985, it is operated as a tertiary hospital, clinical training centre and research centre for medical and dental faculties. Healthcare in recent years are seen as more important and as our population grows, more hospitals are built to support it.

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PROJECT INFO

Twin Vew is another exciting Condominium Development project by CSC Land Group (Singapore) Pte Ltd which is located in West Coast. There will be 2 tower of 36-storey comprising a total of 520 units with 1 childcare centre and 2 shops within the development.
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Twin Vew LOCATION

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Twin Vew SITE PLAN

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✔️ Send me Twin VEW Condo Project INFO ✔️ Send me Twin VEW Condo Site Plan ✔️ Send me Twin VEW Condo Floor Plan ✔️ Send me Twin VEW Condo Indicative Price ✔️ Send me Twin VEW Condo Location Map ✔️ Send me Twin VEW Condo Showflat location ✔️ Send me Developer INFO ✔️ Send me Amenities near Twin VEW Condo
6 Reasons you should buy Twin VEW
1. By a established developer with excellent track records in residential projects construction
2. Twin Vew is located in West Coast Vale which is an exclusive private residential estate
3. Close to the Jurong CBD and the KL-Singapore High Speed Rail Terminus
4. Short drive to Clementi MRT, reputable educational institutions, research hubs, hospitals and shopping malls
5. Potential unblocked views of Pandan reservoir and city
6. Close to the planned Jurong Region Line and Cross Island Line MRT

Why Now?

1. Register online to get E-Invitation for Showflat viewing Appointment.
2. Submit your Registration online to get FREE District 05 property report and update.
3. Enjoy Direct Developer Discount.
4. Enjoy Early Bird Discount.
5. Priority selection of choice unit.
6. No Agent fee involved.
7. Latest update of prices and information on Twin Vew

Twin Vew Unit Mix

1 Bedroom: 484 sqft
1 + Study: 570 sqft
2 Bedroom: 710-743 sqft
2 + Study: 818sqft
3 Bedroom Executive: 904sqft
3 Bedroom Deluxe: 1055-1066 sqft
3 Bedroom + Study: 1141-1184sqft
4 Bedroom Executive: 1238-1249sqft
4 Bedroom Deluxe: 1518 sqft
4 Bedroom + Study: 1378 sqft
Penthouse: 1442-2088sqft
Shops

Twin Vew Indicative Price

1Bedroom (484 – 570 sqft) From $650k
2 Bedroom (710 – 818 sqft) From $898k
3 Bedroom (904 – 1184 sqft) From $1.18 mil
4Bedroom (1238 – 1518 sqft) From $1.55 mil

✔️ Send me Twin VEW Condo Project INFO ✔️ Send me Twin VEW Condo Site Plan ✔️ Send me Twin VEW Condo Floor Plan ✔️ Send me Twin VEW Condo Indicative Price ✔️ Send me Twin VEW Condo Location Map ✔️ Send me Twin VEW Condo Showflat location ✔️ Send me Developer INFO ✔️ Send me Amenities near Twin VEW Condo

Mistakes To Avoid in Hiring Property Agent

Mistakes To Avoid in Hiring Property Agent

Mistakes To Avoid in Hiring Property Agent

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Mistakes To Avoid in Hiring Property Agent

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Property Agent Commissions – What Singaporeans Might Not Know

For many Singaporeans, buying a home is a key life event, and probably the biggest purchase they will make in their lives. For some Singaporeans, property agents play a key role in facilitating the buying, selling, and rental process.

5 things you probably didn’t know about your property agent

Buying a home in Singapore is a tedious process that requires careful research and consideration. While Singaporeans are becoming increasingly tech savvy when it comes to buying and selling properties, it still pays to seek professional advice. This is especially if you’re buying property for the first time and seeing that a home could probably be the biggest purchase of your lifetime!

Your Property Agent Says: When is the best time to sell your home?

Whether you are relocating, making space for a growing family, planning to move closer to your kid’s school, downsizing, figuring out when’s the best time to sell your current home can be pretty daunting, especially for first-time sellers.

Five Important Things to Ask Before Choosing Your Real Estate Agent

Once you’ve decided to buy a property, a key step is finding a real estate agent who can help you achieve your goal. Not enlisting an agent is, in fact, one of the biggest mistakes a homebuyer can make. For that matter, the same is true if you want to offload your property.

Qualities Of A Good Property Agent

Below are three attributes that every property agent in Singapore should possess.
Engaging The Right Agent To Sell Your
The generation of today has grown up with and is accustomed to buying and selling many things online on their own, and it is easy to fall into the trap of assuming that buying and selling a property ourselves is as easy as buying an e-scooter off the internet.
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Is it truly that simple and will there be any relevance in the role of a real estate agent today and in the future?

How do I find the right property agent to sell my home?

Selling your home is, without a doubt, one of the most emotional, expensive and time-consuming events of your life – that’s why so many sellers opt to hire a property agent to carry the burden instead.

Who is the “Tenant’s Agent” & should you engage one?

In one of our previous blog posts, we stated that there’re two types of property agents in the rental market: landlord’s agent and tenant’s agent. In general, renters are familiar with landlords’ agents as most rentals will inevitably engage one in the process. The concept of a tenant’s agents, however, is more nebulous as they require active engagement on the part of the tenant.

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How do I find the right property agent to sell my home?

Selling your home is, without a doubt, one of the most emotional, expensive and time-consuming events of your life – that’s why so many sellers opt to hire a property agent to carry the burden instead.

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When should you appoint an exclusive property agent?

Make no mistake, going exclusive with a particular property agent can be a gamble. If you get a good agent, you’ll get a quick sale at a good price. Get a bad agent, and several months down the road you’ll feel like you’re stuck in a bad marriage you can’t get yourself out of. Here are several factors to consider before taking the relationship to a whole new exclusive level:

Why a good managing agent is important to your property value (and how to spot one)

A condominium development is like the human body after a certain age. Every little problem, if ignored, will somehow snowball into a major disaster. Tiny things, such as the lift lights not working, or a leaky spot in the carpark, all compound over time. After 10 years, the combination of problems will result in malfunctioning elevators, underground flooding, and a building that looks like ground zero of a zombie apocalypse. The only thing standing in its way is a good managing agent:

The role of a real estate agent: What they should and shouldn’t be doing
Engaging a real estate agent for the first time, and not sure what comes under their jurisdiction? Read on to find out more about what your property agent should, and shouldn’t be doing!
First things first: before engaging a real estate agent, make sure you verify he/she is indeed registered with the Council for Estate Agencies (CEA). Simply access CEA’s website, and conduct a search using your agent’s name or real estate number. If you want to go a step further in verifying your agent’s identity, ask for his or her real estate agency card, which contains a CEA-issued registration number.

Singapore property agents commission: what should I pay?

Wondering what you should be paying the property agent? We have been asked about how Singapore property agents commission work many times and it is astounding how confusing it can get about the practice around dealing with agents and commissions. Here’s a guide for you!

5 things you should know before thinking about skipping the property agent

It’s been frequently quoted that the number of Do-It-Yourself (DIY) HDB transactions is rising – in 2013, 11 percent of buyers and sellers didn’t use a property agent and as of 2013, more than a quarter went DIY.
What does that number really mean though? We investigated and found that it is actually a somewhat misleading number – HDB considers each property changing hands to really be 2 transactions – 1 for the buyer and 1 for the seller.
What 99.co research has found is that – the number of BUYERS who did not use an agent has decreased to about 50%, while the number of SELLERS who did not use an agent remains at over 95%. (and thus overall, about 25% of transactions, i.e. 50% of buyers, are DIY transactions)
This is because of 3 main factors
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Transparent property agent transactions and ratings will soon become the norm in Singapore

Choosing a new restaurant to try (or even a hotel for your upcoming trip) is pretty simple. Just head over to Tripadvisor, and you’ll get access to thousands of ratings and reviews at your fingertips.
Choosing a property agent to work with, on the other hand, is not quite as straightforward. Obviously, you’ll ask your friends and families for recommendations. You might also do a Google search, and chance upon blog articles wherein people talk about their experiences with their own agents… but you’ll be hard-pressed to find a handy platform which collects and aggregates information and reviews.

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7 easy tricks you can use to spot a reliable property agent

You know why picking a reliable property agent is hard? It’s because most of us only buy a house once or twice in our lives. It’s not as if we get to work 20 different agents, so we can spot the fly-by-night agents from the long-time professionals. Fortunately, there are some tell-tale signs to look for:

Mythbusting: 4 things to know about property agents

Ask any homeowner and they’ll say that the properties they own are probably the most expensive assets in their portfolio. Simple logic would follow that since they already have, or will be, spending a significant amount of money (or in other words, a large fortune equivalent to raising a child till university), you would also expect them to possess a certain level of knowledge about property buying and/or selling. However, most will opt for the easy way out and entrust their property agents to do all the paperwork, leaving them none the wiser.
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The benefits of engaging a property agent

Blame it on the bad economy, or simply on our kiasu and penny-pinching nature, but in the recent years, there’s been an increasing number of Singaporeans who are opting to sell their property without engaging a property agent. In this article, we take a look at some of the benefits of engaging property agents that you might just miss out on if you go down the DIY route.

Why illegal real estate agents are still a problem

The Council for Estate Agencies (CEA) has done an admirable job of cleaning up the real estate business. It’s been awhile since illegal real estate agents made the news, with the most recent case being 56 year old Shakir Khan. Although the number of these cases are dwindling, illegal real estate agents still exist. This is why:

4 Expensive Mistakes Singaporeans Make When Buying Their First Home. Secrets You Wish You Knew One Year Ago.

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DOWNLOAD Property Insights Consumer Guide 2018

DOWNLOAD Property Insights Consumer Guide 2018

DOWNLOAD Property Insights Consumer Guide 2018

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Outlook 2018

Property market finally on the upturn

After three years of falling prices, 2018 is looking like the year that the Singapore property market’s long-awaited turnaround finally gains traction. Analysts reckon that a trough has been reached though they are careful to tamp down excessive optimism.

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Singapore tops Asean for 2018 property market growth forecasts

Morgan Stanley report expects 8% price increase and close to 50% presales growth here; CDL is its top stock pick
SINGAPORE’S property market came in as the most promising one among Morgan Stanley Research’s rankings of Asean markets which include the Philippines, Thailand and Indonesia.

Residential Property

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Residential outlook for 2018

Most property consultants are expecting new-home sales to ring in at roughly 11,000 units for 2017. This is a 38% increase from the 7,972 units registered in 2016, says Tricia Song, Colliers International head of research for Singapore.
This year, 18 private residential projects with an estimated 6,000 units were launched for sale, says Ong Teck Hui, JLL national director of research. He foresees about 20 projects being launched next year, yielding 8,000 to 9,000 units. Ong’s forecast for new home sales in 2018 is 11,000 to 12,000 units.
Read more…

Looking Ahead to 2018: Property market poised to roar back to life

SINGAPORE — After several years in the doldrums, the recovery of the Singapore property market will be in full swing in 2018, experts say.
The jury is still out on whether concerns over a potential supply glut are warranted, but experts point out that how the market shapes up next year will depend very much on demand from buyers. This, in turn, hinges on the one major lever which the Government could yet call upon: The cooling measures, several of which — including the Total Debt Servicing Ratio (TDSR) — have remained in place since 2013.
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Singapore Market Outlook 2018
ECONOMY

Supported by the strong rebound in the manufacturing sector and a synchronised recovery in global economies, Singapore’s annual GDP growth of 3.6% in 2017 surpassed initial estimates. While growth is expected to moderate in 2018, the continued focus on digitisation and transformation of Singapore’s key industries will help pave the way for more sustainable growth in the longer term

OFFICE

The Singapore economy has shown stronger growth momentum in the latter half of 2017. While this has been largely powered by the manufacturing sector, the services sectors have shown promising signs of life. This is expected to underpin demand amidst a supply pipeline that is tapering off. With these stronger market fundamentals, a robust office rental recovery looks set to be underway in 2018.

RETAIL

The downward pressure on the retail market could be coming to an end, as it finds its footing amidst stronger economic fundamentals. Placemaking will remain a key focus for landlords and retailers as they seek to play a more proactive role to keep their customers engaged.

LOGISTICS

Warehouse supply hit a record level in 2017 as most major logistics developments were completed. Net absorption lagged supply, which weighed on occupancy. Along with the robust growth in macroeconomic industrial indicators in 2017, the industrial market is beginning to rebalance as net absorption slowly catches up with the net supply.

RESIDENTIAL

Total housing demand in 2017 was 25,010, far exceeding the previous three-year (2014-2016) average demand of 14,447 units. Overall homes prices have risen for two consecutive quarters to recover by 1.1% for 2017 after falling by 13.2% through 15 quarters of decline. As home prices turn around, fundamental demand now stands at around 18,500 units.

CAPITAL MARKETS

The recovery in the occupier market influenced a strong drive in Singapore’s investment market in 2017. After a busy year driven by the wave of residential collective sales and several large commercial deals, it is back to normalisation for the investment market in 2018.
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Singapore Research & Reports

Your Source for Real Estate Market Research and Reports
By researching and analysing global trends and opportunities, our team delivers valuable insights to our customers to make more informed real estate decisions.
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Office Research

Savills Research and Consultancy aims to offer objective advice to clients in order to help them make well informed real estate related decisions and realise pre-defined goals.
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Industry / Real Estate

Office Real Estate (Singapore)

Overall Outlook

Expect a recovery in office rents. Based on the CBRE data, Grade A CBD office rents bottomed in 1Q17-2Q17 at S$8.95 per square foot per month (psf/mth) which is earlier than consensus and our expectations of a low at end-2017 and early-2018. Since then, Grade A CBD rents have started to recover, increasing to S$9.10 psf/mth in 3Q17 and ending the year at S$9.40 psf/mth (+3.3% YoY, +3.3% QoQ). The improvement in 4Q17 was the first on-year rise in nine quarters and second consecutive quarter where we saw an on-quarter rise
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Looking ahead: Singapore’s real estate market in 2018

2018 looks promising for Singapore’s real estate sector.
Singapore government’s series of cooling measures, introduced between 2012 to 2013, resulted in the local residential market trading into negative territory for few years. Four years on, we finally see the property market bottoming out in Q3 of 2017 and witnessed a pick-up in transaction activities, particularly in the residential sector.
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Industry / Real Estate

Industrial Real Estate (Singapore)

Overall Outlook

We believe the outlook for Singapore’s industrial sector will remain soft in the immediate term and will only start to bottom out from 2018 onwards on the back of abating supply risk. The manufacturing sector’s recent recovery is fuelling expectations that demand could pick up in 2018 and bottom out in 2019, just as supply abates. However, the recovery is uneven as firms are still looking to consolidate or downsize their space requirements to remain cost efficient. Vacancy rates are expected to rise to 11% and bottom out only from 2019.
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Gov’t eases industrial land supply for 1H 2018 amid soft rents, high vacancy

Industry / Real Estate

Industrial Real Estate (Singapore)

Industrial Research

Savills Research and Consultancy aims to offer objective advice to clients in order to help them make well informed real estate related decisions and realise pre-defined goals.
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S’pore tops Asean for 2018 property market growth forecasts

Morgan Stanley Research, which compiled the league table, is so bullish that it expects home prices here to rise 8 per cent this year and again in 2019, with demand outweighing a tight supply.
It also expects higher sales of new homes as a buoyant collective sale market drives up demand while reducing the supply of units to buy.
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5 property trends we’ll probably see in 2018

It’s almost 2018, and if this year was anything to go by, things are about to get crazy. Everyone’s expecting an upturn in the property market – but the question is when. On top of that, we have some new fads that are popping all over the place. Here are some of the things to brace for:
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Singapore Property Market Looking Up For 2018

Given the higher land prices and anticipated market recovery, new private home prices will likely be higher in 2018.
The private residential market is widely expected to perform better in 2018 due to improved consumer sentiments. According to PropertyGuru’s latest Consumer Sentiment Survey, many potential buyers are looking to make their purchase in the next few months driven by the strengthening property market.
What are the factors driving this improved sentiment and is there any merit to it?
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Report: Average Home Prices In Singapore Could Rise By 17% Over 2018-2021

The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific Property Outlook report released by Colliers International on Wednesday (10 January).
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Last Week in Numbers: Singapore Property 2018 Forecast

It can be useful to have a quick summary of what happened in the economy and markets in the week before. Here are some of the important developments and data that emerged last week.
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Property Insights

Property Heat Map. What is hot and what is not!

Property Heat Map. What is hot and what is not!

Property Heat Map. What is hot and what is not!

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Property Heat Map. What is hot and what is not!

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Singapore Property Heat Map

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HEATMAPWhat’s hot and what’s not

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Singapore property transaction heat map for condo, apartment, landed properties – 2017

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HEATMAPWhat’s hot and what’s not
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Singapore Property Prices Heatmap

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HEATMAPWhat’s hot and what’s not
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Sell 1 HDB And Buy 2 Condo Is It Realistic?

Sell 1 HDB And Buy 2 Condo Is It Realistic?

Sell 1 HDB And Buy 2 Condo Is It Realistic?

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Sell 1 HDB And Buy 2 Condo Is It Realistic?

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How to sell 1 HDB and upgrade to 2 condos?

Sell the HDB flat and buy a 3 bedroom condominium in Mr Lee’s name and a 1 bedroom in Mrs Lee’s name
Let us consider the following scenario to facilitate the explanation.
The family in question is Mr and Mrs Lee and they have 2 children.
They live in a 4 room premium apartment in Sengkang and the flat is valued at about $550,000.
The flat has been fully paid and now they wish to upgrade and rebalance their property portfolio.
They used a combination of cash and CPF to fund their Sengkang flat.
They have a combined income of about $10,000 per month. Mr Lee earns $6,000 and Mrs Lee earns $4000.
This seems to be a typical household in Singapore.
Assumption 1: They are looking for a 2 bedroom condominium which will cost them $900,000.
Assumption 2: They have $200,000 in their CPF ordinary accounts. $100,000 in each of their accounts.
Assumption 3: They have $150,000 cash in their savings.
3 bedroom condominium is for the family’s use and the 1 bedroom condominium is for investment purpose.
Sale of 4 room flat
Sale price: $550,000
Total cash from sales proceeds = $250,000
CPF Refund for Mr Lee = $150,000
CPF Refund for Mrs Lee = $150,000
The couple has $200,000 in their CPF ordinary accounts. $100,000 in each of their accounts.
They have $150,000 cash in their savings.
Amount of CPF in Mr Lee’s CPF account: $250,000
Amount of CPF in Mrs Lee’s CPF account: $250,000
Amount of cash on hand: $400,000
Mr Lee will purchase a 3 bedroom condominium
3 bedroom condominium: $1,100,000
5% Cash: $55,000
15% CPF: $165,000
Stamp Duty: 3% – $5,400 = $27,600 (CPF)

Total CPF outlay = $192,600
Total Cash outlay = $55,000
Monthly instalment = $3,252 (Based on 2% interest and 30 year loan tenure)
Mr Lee still has $57,400 in his CPF account
Mrs Lee will purchase a 1 bedroom condominium for rental income
1 bedroom condominium at city fringe: $750,000
5% Cash: $37,500
15% CPF: $112,500
Stamp Duty: 3% – $5,400 = $17,100 (CPF)
Total CPF outlay = $129,600
Total Cash outlay = $37,500
Monthly instalment = $2,217 (Based on 2% interest and 30 year loan tenure)
Mrs Lee still has $120,400 in her CPF account
Advantages
i) The couple has $307,500 in emergency cash savings after selling their HDB and buying 2 condominiums. Mr Lee also has $57,400 in his CPF account balance and Mrs Lee has $120,000 in her CPF account balance.
ii) The 1 bedroom condominium can be rented for approximately $2,800 (Based on prevailing rents in Queenstown area). This will create a positive cash flow. Mrs Lee can finance for the 1 bedroom with her CPF yet receive her rental income in cash.
iii) They did not fork out any monies for additional buyers stamp duties.
iv) They ended up with 2 private properties which should provide better upside in value than their HDB in Sengkang.
In summary,
Start:
Mr and Mrs Lee had 1 HDB flat in Sengkang, $200,000 in CPF savings and $150,000 in cash.
End:
Mr and Mrs Lee have a 3 bedroom condominium for their own stay, 1 city fringe condominium for investment (the rental pays for the instalment), $177,400 in CPF savings and $307,500 in cash.
Disclaimer: Everyone’s financial situation is different. Before deciding on which of the following options to take, please consult your property agent, financial advisor and mortgage broker. There are some assumptions made in this calculation. For example, for Mr and Mrs Lee need to be both employed.

Other options:

Option B: Keep the HDB flat and buy a 2 bedroom condominium
Let us consider the following scenario to facilitate my explanation.
The family in question is Mr and Mrs Lee and they have 2 children.
They live in a 4 room premium apartment in Sengkang and the flat is valued at about $550,000.
The flat has been fully paid and now they wish to upgrade and rebalance their property portfolio.
They used a combination of cash and CPF to fund their Sengkang flat.
They have a combined income of about $10,000 per month. Mr Lee earns $6,000 and Mrs Lee earns $4000.
This seems to be a typical household in Singapore.
Assumption 1: They are looking for a 2 bedroom condominium which will cost them $900,000.
Assumption 2: They have $200,000 in their CPF ordinary accounts. $100,000 in each of their accounts.
Assumption 3: They have $150,000 cash in their savings.
2 bedroom condominium: $900,000
5% Cash: $45,000
15% CPF: $135,000
Stamp Duty: 3% – $5,400 = $21,600 (CPF)
Additional Buyers Stamp Duty: 7% of 2nd property = $63,000
Things to take note for their 2nd property.

  • The prevailing minimum sum is $166,000. The couple must set aside half of this amount ($83,000) before using the rest towards the purchase of their second property.
  • The CPF withdrawal limit for the 2nd property is 100% of valuation limit or purchase price, whichever is lower.

Total CPF required = $156,600.
However, they only can use $117,000 of their CPF monies as they need to set aside $83,000 of their CPF. This means that the balance of $39,600 will have to be paid in cash.
Total CPF outlay = $117,000
Total Cash outlay = $147,600
Monthly instalment = $2,661 (Based on 2% interest and 30 year loan tenure)
In summary,
Start:
Mr and Mrs Lee had 1 HDB flat in Sengkang, $200,000 in CPF savings and $150,000 in cash.
End:
Mr and Mrs Lee have a 2 bedroom condominium for their own stay, $83,000 in CPF savings and $2,400 in cash.

If the above option is not applicable, consider this…
Sell off their HDB and buy a condominium
Let us consider the following scenario to facilitate the explanation.
The family in question is Mr and Mrs Lee and they have 2 children.
They live in a 4 room premium apartment in Sengkang and the flat is valued at about $550,000.
The flat has been fully paid and now they wish to upgrade and rebalance their property portfolio.
They used a combination of cash and CPF to fund their Sengkang flat.
They have a combined income of about $10,000 per month. Mr Lee earns $6,000 and Mrs Lee earns $4000.
This seems to be a typical household in Singapore.
Assumption 1: They are looking for a 2 bedroom condominium which will cost them $900,000.
Assumption 2: They have $200,000 in their CPF ordinary accounts. $100,000 in each of their accounts.
Assumption 3: They have $150,000 cash in their savings.
This is quite straightforward. They hire an agent to try to achieve a good price and afterwards purchase a condominium within their budget. When they dispose of the Sengkang flat, they will receive their sales proceeds which can then be used to purchase the 2 bedroom condominium.
Sale price: $550,000
Total cash from sales proceeds = $250,000
CPF Refund for Mr Lee = $150,000
CPF Refund for Mrs Lee = $150,000
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After living in your Build To Order (BTO) or first resale Housing & Development Board (HDB) flat for more than five years, you may be ready for an upgrade. This makes sense as you would most likely have gone for the most economical housing option as a young couple just starting out in the world.
After several years, many of you may have landed better paying jobs, have several more family members to feed and clothe or have finally saved up for a down payment on a bigger place. For many in Singapore, the dream is to upgrade to live in a condominium.
Before being able to do so, you have to ensure that you comply to certain measures and restrictions the government has put in place.
Read more…
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How to sell HDB buy Condo safely? It is always difficult to move house considering the amount of complexity with so many new home loan financing rules, additional buyer stamp duties (ABSD), taxes and remissions, etc.
Buying a property is stressful especially if you are switching from HDB to Private Condominium. This is because the timing of purchase and sale is of critical importance, one wrong move could lead to a cash crunch.
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Should you SELL or HOLD on to your HDB or private property with 20% Rental Yield?

One veteran real estate property agent told me this.
There are some prospective clients that he finds difficult to convince them to sell his HDB.
Don’t get him wrong.
He is not the scam sort that tries to scam these folks with “right” theories to sell their HDB flats.
The difficulty to him to shift their thinking is this:
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After four long years of decline, Singapore property prices finally experienced its first quarterly increase in Q3 of 2017. In contrast, HDB resale prices fell 0.6% in the same quarter. I have long advocated private property ownership and now is perhaps the right time to touch on these factors as these reasons are more profound at this current juncture.
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How do you go about buying your right to higher maintenance fees and annoying management council meetings, and into a pool you’ll use once and never again? That’s right, this is where we work out the steps of going from HDB dweller, to condo honcho. Now you can really rub it in someone’s face at the next Chinese New Year reunion:
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Many Singaporeans now have the means to upgrade from an HDB to a condo. Here’s how much you should prepare.

With Singapore’s property market in a long slump, some people now have an opportunity to upgrade from an HDB to a condo. In fact, property prices are down around 10.8% since the peak in 2013, making this a rare opportunity.
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How to upgrade from your flat to a condo

How do you go about buying your right to higher maintenance fees and annoying management council meetings, and into a pool you’ll use once and never again? That’s right, this is where we work out the steps of going from HDB dweller, to condo honcho. Now you can really rub it in someone’s face at the next Chinese New Year reunion:
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