The Singapore government is planning to reach out to 1,000 HDB rental-flat families to help them buy their own flats. The scheme aims to mitigate income inequality and uplift lower-income families because “home ownership is key to providing stability and progress for families in the long run”. A Home Ownership Support Team will be set up to provide stronger, personalised … [Read more...]
When home ownership is a religion
Our Prime Minister said home ownership is Singapore’s key national policy. A high home ownership rate of 90 percent has improved the lives of Singaporeans significantly. It allows us to enjoy the fruit of the country’s economic growth. It also gives us a stake in the country and something to fight for. Did our leader have to emphasize this if all Singaporeans can see … [Read more...]
Podcast Ep#16: Should I Buy Resale HDB Now?
Are you currently looking to buy a home for your own stay? Should you buy resale HDB flats? Let’s discuss it in this podcast. We will cover four main topics in the video: 1. Will HDB resale prices continue to fall? 2. Why more are buying HDB resale flats? 3. Which property types should you buy? 4. What about the age of HDB flats? You can now watch the podcast … [Read more...]
Podcast Ep#13: Should I Buy HDB or Condo?
One of the questions I frequently receive from my blog readers is: Do you think I should buy an HDB flat or a condo unit? The question often comes after they disclose their age, their spouse and children’s age, their household income, outstanding loan and bank savings. If you have the same question in mind, you don’t have to share with me your credit history or tell me your … [Read more...]
Property Soul Podcast Episode #5: Four Lessons Learnt From Old HDB Flats
Recently, there is public concern over what will happen to old HDB flats with less than 60 years in their remaining lease. There are 4 important lessons we learned from this matter. I will cover them in details in this podcast: Lesson #1: HDB flats is for your stay, not for investment. Lesson #2: The days of making big profits from HDB flats are over. Lesson #3: HDB … [Read more...]