Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
๐ *NOVO PLACE!* ๐
โจ *56% SOLD!* โจ
*Second-timer quota filled on first day of launch!*
*Why is Novo Place the MUST-BUY EC?*
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4-minute sheltered walk to Tengah Park MRT
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Just 3 stops to Jurong East MRT (JLD & JID at your doorstep)
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Up to $30,000 grant for first-timers
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Deferred payment scheme available
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Renowned developer: Hoi Hup
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Low entry prices with high capital gain potential
*Available Units:*
*3๏ธโฃ Bedroom C1*
(North Facing - Best Price!)
- *Type C1 (872 sqft)*: $1,308,000
*3๏ธโฃ Bedroom + Study C2*
(North Facing - Best Price!)
- *Type C2 (883 sqft)*: $1,358,000
*3๏ธโฃ Bedroom + Study C3*
(North Facing - Pool View!)
- *Type C3 (947 sqft)*: $1,500,000
*4๏ธโฃ Bedroom + Study D2*
(South Facing - Best Price!)
- *Type D2 (1163 sqft)*: $1,791,000
Reply โYESโ to get unit availability & price list!
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Norwood Grand has set new price standards for homes in Woodlands, but theyโre still affordable for todayโs buyers. Plus, investors are seeing them as a smart choice in the current market.
If you're unsure about which development to go forโwhether you're buying a home or looking to investโletโs chat! We are here to help.
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The Pine Grove estate is buzzing with excitement as two fresh developments breathe new life into this serene private enclave.
With Pinetree Hill and Nava Grove offering a rare
RCR location close to top schools, business hubs and new amentities, there is no better time to explore the Pine Grove now. Each project promises a blend of conveniece, exclusivity, and fantastic growth potential.
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๐ ๐๐๐๐ ๐๐๐๐๐
Nature . Allure . Vibrancy . Aspiration
Get early bird preview VVIP price before 12 Nov 2024
๐ฑ ๐ฅ๐ฅ๐ฅ ๐จ๐ก๐๐๐๐๐๐ฉ๐๐๐๐ฌ ๐๐ข๐ช ๐ฃ๐ฅ๐๐๐๐ฆ ๐๐ฟ $๐ฎ,๐ฎ๐ฎ๐ฐ๐ฝ๐๐ณโ๏ธFr $1.3xxM only!
๐ฃ๐ฟ๐ฒ๐๐ถ๐ฒ๐ ๐๐ฎ๐๐ฒ: ๐ฌ๐ฎ ๐๐ผ ๐ญ๐ฎ ๐ก๐ผ๐ ๐ฎ๐ฌ๐ฎ๐ฐ
๐๐ผ๐ผ๐ธ๐ถ๐ป๐ด ๐๐ฎ๐๐ฒ: ๐ญ๐ฒ ๐ก๐ผ๐ ๐ฎ๐ฌ๐ฎ๐ฐ
2Br: Fr $1.388M ($2,224psf)
2Br Premium: Fr $1.568M ($2,240psf)
2+Study: Fr $1.888M ($2,402psf)
3Br: Fr $2.188M ($2,310psf)
3Br Premium: Fr $2.468M ($2,248psf)
4Br: Fr $2.988M ($2,238psf)
4Br Dual Key: Fr $3.468M ($2,369psf)
4Br Premium: Fr $3.588M ($2,315psf)
5Br Premium: Fr $3.988M ($2,316psf)
With its breathtaking views and biophilic design, the property blends modern architecture with luxurious amenities, creating an environment where residents can reconnect with nature.
Own a prime property in holland vicinity at OCR price today!
#NavaGrove
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๐ *Emerald of Katong - The Opportunity You Shouldnโt Forget!*
Last Weekend to View Emerald of Katong Showflat โ Donโt Miss Out!
*Over 32,000 visitors* have came and experienced the *thoughtfully designed layouts*, *premium finishes*, and unique *D15 lifestyle & amenities*! ๐ก
*Why Emerald of Katong?*
โข Right in the Heart of D15
- Brand New Launch at Transacted Resale Prices!
- โ 5 mins Walk to Tanjong Katong MRT
- Within 1Km to Tanjong Katong Pri & Haig Girlsโ
Connect with us for Showflat tour video & price list!
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How some Singaporeans Own More than One Property
For many Singaporean families, the pinnacle of housing aspiration is to own at least two properties in their lifetime โ one serving as the roof over their heads, and the other, a means to generate consistent cashflow.
To achieve this, some Singaporean families have embraced the FIRE movement, aiming to achieve Financial Independence and Retire Early by cutting back on non-essential expenses. Others, particularly Baby Boomers and Gen-Xers, have successfully achieved dual-home ownership by capitalising on property booms over the years.
However, amid rising home prices today, is this dream still attainable for Gen Z and younger Millennials?
Below, we explore how some Singaporeans have successfully own more than one property in Singaporeโwhether it's an HDB flat and a private home, two private properties, or a combination of residential and commercial/industrial properties.
1. Owning an HDB flat and a Private Home
HDB BTO versus resale flat
For many first-time homebuyers, their housing journey typically begins with an HDB flat, the most prevalent form of public housing in Singapore. More importantly, Singaporeans will have to decide between buying a new or resale HDB flat, even though both options allow them to benefit from first-timer subsidies. So how do they choose?
Build-to-Order (BTO) flats are essentially brand-new HDB flats meant for Singaporeans only. They are offered at subsidised prices and come with a fresh 99-year lease. But buyers will need to ballot for the opportunity to purchase a BTO flat, and due to intense competition, not all first-timers are successful in securing a BTO flat.
In addition, โPlusโ and โPrimeโ BTO flats are subject to a longer 10-year Minimum Occupation Period (MOP) and more stringent resale criteria. It is also important to note that โPlusโ and โPrimeโ flats cannot be rented out entirely even after MOP.
Meanwhile, resale flats are sold on the secondary market, typically by another homeowner and their prices are determined through negotiation. Currently, these flats are subject to a 5-year MOP. After this period, owners are allowed to rent out the entire unit, making such homes ideal for those seeking passive income from a second property.
Some couples have bought HDB flat by registering ownership in one partnerโs name, while listing the other as an essential occupier. After completing their MOP, the essential occupier spouse proceeds to purchase a second property.
That said, in this scenario, each party must be able to secure sufficient loan to finance the purchase of their corresponding property.
For others, they have bought their next private property after meeting their MOP and paying ABSD.
Alternatively, after meeting the MOP, HDB flat owners can now consider buying their next private home. HDB flat owners can keep their existing HDB flat while buying a second residential property, but they will need to pay the ABSD.
2. Owning Two Private Properties
a. Paying ABSD to own two private properties as a couple
A Singapore couple with an existing private property will be able to hold two properties concurrently, provided they pay ABSD on their second home. Scenario 1 above outlines the implications of this strategy.
b. Decoupling and buying two private properties
Alternatively, couples can choose to decouple and purchase two private properties on the onset. The prerequisite, however, is that both parties will have to secure loans for their respective purchase. This also ensures each spouse has individual ownership of their property.
Otherwise, if both spouses share joint ownership on a property, they may consider decoupling. This process involves one party selling their share of the property to the other. The purchasing party must also have sufficient CPF funds and/or resources to afford their partnerโs share. Once completed, the selling party is free to purchase another property without incurring ABSD.
3. Owning a Private Property and a Commercial/Industrial Property
If you are looking to co-own a residential property and want to avoid ABSD entirely, you might want to consider investing in a commercial or industrial property instead. The key difference is that mortgage loans for such properties can only be financed with cash, not through CPF, which is commonly used for residential properties.
Owning a commercial or industrial property as an investment property is relatively straightforward, and not as daunting as many people believe it to be. There are plenty of strata commercial and industrial units available in the market that cater to various budgets.
An investor with good credit status may be granted up a loan amounting to 80% of the propertyโs value, with the remaining 20% payable in cash as a deposit.
For example, if a freehold second-floor retail unit is priced at $1 million, and the buyer can secure an 80% loan, they will need to place a $200,000 deposit for the property. Supposing the shop is currently tenanted, the buyer will have immediate cash flow to support the loan payments.
In closing
So, there you have itโthree strategies for how a Singaporean couple can achieve their property dream of owning at least two properties concurrently. That said, there are other factors to consider. In the event of a dispute, how will the assets be distributed? Additionally, one must be careful in assessing the impact of higher property taxes against the financial viability of their investments.
In short, the dream of owning multiple properties is still attainable for Singaporean couples. But before you take the plunge, you may like to seek consultation to effectively plan and execute your roadmap to dual property ownership.
Disclaimer
This information is provided solely on a goodwill basis and does not relieve parties of their responsibility to verify the information from the relevant sources and/or seek appropriate advice from relevant professionals such as valuers, financial advisers, bankers and lawyers. For avoidance of doubt, we accept no responsibility for the accuracy, reliability and/or completeness of the information provided.
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Our YouTube Channel Hit a HUGE Milestone! Our Subscribers Made It Happen!
๐ Our YouTube Channel Hit a HUGE Milestone! ๐ We celebrate an incredible achievement made possible by YOU, our amazing subscribers! Join us as we reflect on this journey, share our gratitude, and discuss what this milestone means for our channel's future.
We couldn't have reached this point without your support, and we want to take a moment to acknowledge all of you who have joined us on this adventure. From our first video to now, every like, comment, and subscription has contributed to our growth, and we are beyond thankful!
๐ Whatโs next? Weโll also reveal some exciting plans and upcoming content that we have in store for you! Whether youโve been with us from the beginning or just joined recently, you wonโt want to miss whatโs coming up next.
๐ฅ Let's celebrate together in the comments! Share your favorite moments from our channel, and let us know what content youโd love to see as we continue this journey together.
Thank you for being a part of our community! Donโt forget to LIKE, COMMENT, and SUBSCRIBE if you havenโt already, and hit that notification bell to stay updated on all our latest videos!
#Milestone #ThankYou #Subscribers #YouTubeJourney #CommunityLove
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Discover the SECRET to Highly Sought After 1/2/3/4/5 Bedroom Units in Emerald of Katong!
As a savvy property investor, you're probably considering the pros and cons of buying a new launch condo like Emerald of Katong versus other options like Tembusu Grand. In this video, we'll give you an insider's review of Emerald of Katong, including its unique features, pricing, and what sets it apart from other Singapore condos. Whether you're a seasoned real estate investor or a first-time buyer, this video is a must-watch if you want to make an informed decision about buying property in Singapore. So, what are you waiting for? Discover why Emerald of Katong is a top choice for many Singapore property seekers!
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Experience Tengahโs Most Sought After Address Novo Place EC!
Discover the ultimate living experience at Novo Place EC, Tengahโs most coveted address! This Executive Condominium offers a unique blend of luxury, convenience, and tranquility, making it the perfect haven for you and your loved ones. From its stunning architecture to its meticulously designed interiors, every aspect of Novo Place EC exudes sophistication and elegance. Enjoy unparalleled amenities, including a rooftop garden, swimming pool, and state-of-the-art gym, all within a secure and gated community. Located in the heart of Tengah, Novo Place EC offers easy access to major expressways, shopping malls, and entertainment hubs. Donโt miss out on this rare opportunity to own a piece of Tengahโs most sought-after address!
Reply โYESโ to get unit availability & price list!
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Experience Tengah's Most Sought After Address Novo Place EC!
Discover the ultimate living experience at Novo Place EC, Tengah's most coveted address! This Executive Condominium offers a unique blend of luxury, convenience, and tranquility, making it the perfect haven for you and your loved ones. From its stunning architecture to its meticulously designed interiors, every aspect of Novo Place EC exudes sophistication and elegance. Enjoy unparalleled amenities, including a rooftop garden, swimming pool, and state-of-the-art gym, all within a secure and gated community. Located in the heart of Tengah, Novo Place EC offers easy access to major expressways, shopping malls, and entertainment hubs. Don't miss out on this rare opportunity to own a piece of Tengah's most sought-after address!
Reply โYESโ to get unit availability & price list!
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Welcome to our channel! In our engaging videos, "Property Fun Facts! Helping you become a savvy real estate investor!", we dive into fascinating tidbits and insights about the world of real estate that every investor should know. Whether youโre a seasoned pro or just starting out, these fun facts will equip you with knowledge to make smarter investment decisions.
Discover quirky historical facts about properties, learn about unusual real estate trends, and explore surprising statistics that can influence your investment strategy. From the most expensive homes in the world to the smallest houses, we cover it all!
Don't forget to like, comment, and subscribe for more tips and tricks on navigating the real estate market. Turn on notifications to stay updated on our latest videos designed specifically for aspiring real estate moguls like you!
#RealEstate #Investing #PropertyFacts #SavvyInvestor #RealEstateTips #FunFacts #InvestmentStrategy #PropertyInvesting #RealEstateMarket