4 Easy Steps to Finding Property in Singapore to Purchase 

Singapore can be an absolutely gorgeous and exciting place to live, but it can be rather frustrating to find property in Singapore that meets your needs. The country is home to more than five million residents, and it is among the most densely populated countries in the world. Furthermore, housing prices are rather high in the area, and many who are looking for property that is affordable and that meets their needs grow frustrated by the challenge. However, you may be able to more easily find a property that meets your needs when you follow a few easy steps.


Set Your Budget

When you make an adjustment to your living situation, your budget will inevitably need to be adjusted. Your living situation will impact your home loan payment, your utilities cost, parking and commuting expenses and more. It can be difficult to know which properties are affordable for your budget if you do not first spend time setting a realistic budget that is comfortable and manageable for you. It is often a good idea for you to create a budget for your current living situation and to estimate a budget for your future living situation.


List Your Needs and Wants

A second step to take when you are preparing to search for property in Singapore is to define your needs and wants. Needs may include a minimum number of bedrooms and bathrooms, parking for your car and storage space for your belongings. You may want a space that is a certain size, that is located on a certain floor in a building or that has extra storage space and bedrooms. Consider needs as things that you absolutely must have in your home in order to live at least modestly comfortably. Consider wants as things that you would prefer to have but could manage to sacrifice without too much effort or concern.




Find an Agent

Once you have taken these steps, you will be ready to reach out to a property agent in Singapore for further assistance. The fact is that locating a great property in Singapore that is ideal for you can be challenging, but you do not have to go through this process alone. A property agent can be a true benefit to you because he or she can help you to find the right property at the right price. He or she can also negotiate and secure terms that are suitable for you. Your property agent can be instrumental in all stages of the process, and you can take advantage of agent services to make this process easier for you.




Search Online

While your property agent may already be helping you to search for a property in Singapore that is well-suited for you, you may also want to spend time researching options online. Consider that your agent may send you listings that closely match the criteria you have established, but there may always be a few properties that are outside of the box and that can actually accommodate your needs. Furthermore, when you look at the listings, you may realize that some features that you needed to have are not as easy to find as you might think, and you may think again about the need for them at all.


Buying property in any location can seem stressful, and you can easily feel overwhelmed. However, Singapore has its own unique challenges that are apart from other locations. By following these steps when you are search for properties in Singapore, you can more easily locate a great property with minimal stress.

Helpful Property-Finding Tips For Expats Moving To Singapore

Helpful Property-Finding Tips For Expats Moving To Singapore

Now that you’ve decided to move to Singapore, you are probably wondering how to find a suitable place to live. Do you need more information on finding property in Singapore for expats? Keep on reading. The following data will assist you in finding your property.


Finding a home

Now that you have relocated to Singapore, you want to find a convenient residence. Property and rental prices have sky-rocketed over the last several years, so you want to be sure you are finding the most economical option. While it is best to wait until you have arrived in Singapore to look for a home, you can begin research before your move with the help of the many Singapore Property Guides available online. This step will enable you to connect with property agents while you are still overseas.








When to start looking

Ideally, you should begin viewing homes approximately one month before your target move-in date. After you decided on the area in which you wish to reside and have a firm focus on what you want or don’t want in a property, you should be able to find a match in no more than three viewing days. However, don’t abandon your property search until the last possible moment; rushing to sign a contract may put you into a pecuniary mangle.

Check with friends or ask questions on forums in Singapore for advice concerning the best place to reside and the advantages and disadvantages of various districts. Define and lay out your criteria. Do you want a HDB flat or a condo? Do you want amenities? Do you want to live in a low-rise or a high-rise? Do you want to live downtown or further out in the country? How far are you willing to commute to your jobsite? Several online databases are available to help you filter your searches according to your specifications.

Viewing properties more than a month in advance may be a bad idea. As many other people are most likely looking at those same properties as well, the real estate will likely already be taken by the time you are ready to sign the contract.

In order to efficiently view properties with one month or less before your target move-in date, share your criteria and your budget with your estate agent so that he can built an accurate shortlist for your perusal.


Should I hire an estate agent or do it myself?

Hiring more than one agent to work with is possible, but it may not be practical. If you chose to hire two or more estate agents, hire only ones who work in separate areas—this practice will avoid confusion, such as two agents trying to show you the same property. Working with only one agent is recommended, as the agent will become acquainted with your preferences.

An easy way to find an excellent agent is to ask forum members or people who live in the areas of interest to you.

If you decide to conduct the property search yourself, scour newspapers and online sources for property ads, and then communicate with the owner’s agent. If this option is the one you decide on, avoid letting the agent serve both you and the landlord—you will have to pay him a double commission if you do!


After you find your home

After your housing plans are complete, it’s time to investigate other tips on moving to Singapore. Information such as how to obtain a mobile phone number, set up a bank account and obtain Internet access are all important steps to take before your move.


Property Tips, a How-To Guide to Buying Property in Malaysia

You have heard that buying property in Malaysia is very cheap and this certainly true. The first thing you should do when you find some prospective property in Malaysia would be to find a very good property lawyer. Real estate lawyers can provide you with invaluable information and help out during the transaction process.

Before you get into any specifics it would be advantageous for you to look into the restrictions Malaysia places on foreign prospective home owners. Firstly, a foreigner can buy any kind of home in Malaysia provided that the base value is at least 76,453 United States dollars which would translate into about 250,000 MYR (Malaysian Ringgit). This rule applies whether you are buying a bungalow, a summer home, a manor or a simple, one story, flat type, terraced or linked home property (check current Malaysia property market).

Next, once you have found the home you wish to live in you should send a letter of offer to which the home owner or owners will reply with a letter or rejection or acceptance wherein they will expect a deposit of 3 percent of total payment on the residence in question. Usually the Sale and Purchase agreement is signed next, almost always within fourteen days. When this document is signed the buyer will be required to make another deposit, this time at 7 percent the total price of the home. After signing and acceptance of the document the purchaser has a total of three months to successfully pay off the price of the residence in full.

A brief side not, one should always be very cautious about purchasing property that lies in not yet completed condominiums. The reason for this is that the purchasing party or parties is unlikely to be protected from default. This issue is quite a hot topic in Malaysia at the moment, especially with the Malaysian House Buyer’s Association.

How to Apply For a Mortgage in Singapore

When living in Singapore, many want to buy a house as it is a dynamic place that is great to raise a family or run a business. Fortunately, it is an excellent place for one to buy a house, and it should be easy for the average person to qualify for a mortgage. With these three tips, one should have no issues when applying for a mortgage in Singapore.

Prepared: In Singapore, a buyer must have all the paperwork in order before approaching a real estate agent or bank. For starters, one should round-up all their pay stubs and other information listing their income. To take it further, the customer should bring other information that would help them qualify for a loan. Remember, just like in most of the world, one must have everything ready when heading to the lending institution. To make things go smoothly, a potential customer must also bring copies of his or her credit report as this will help the bank determine the overall credit worthiness of the customer. With this information, the mortgage company can now decide if they will give the loan.

Shop around: Provided that a customer receives a favorable response from the bank, his or her job is not yet done. Now, a shopper should approach multiple lending institutions, so they can find the best deal. One way to look at rates from multiple companies is to head to findahomeloan.sg; at this website, a customer can find a home loan that fits his or her situation. When finding the best rate, one should head to the mortgage company website or office location and apply for a loan.





Remember: When applying for loans, ideally, a customer should stop by at least five lending institutions. When doing this, and using the best home loan calculator @ Find-A-Home-Loan, a shopper will have no trouble finding most favorable rates. After obtaining the offers, a savvy buyer should try to get the mortgage lenders to bid against on another. When asking for another look, one can get their rate lowered and save more money. Remember, the industry is extremely competitive, and a qualified borrower should always try to squeeze every last dollar out of the transaction.

In reality, Singapore is an excellent place to live and a buyer will do well in both the short and long-term. With these three simple tips, a shopper should qualify for a mortgage so he or she can buy the house of their dreams. Remember, when showing up ready, one will impress the real estate agent and mortgage company.

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When Is The Best Time To Buy Or Sell Property?

Do you know when the best time is to think about buying property or offering one of your properties for sale? If you are thinking about buying or selling a piece of real estate, here are some things to think about to make sure that you are making your move at the right time.


When’s The Best Time To Buy?

The best time to buy is when you can get the best price or overall return on investment. When the housing market is depressed, you can get a house or commercial property for thousands of dollars below market value. When the market is good, you may have to pay more for any property that you are interested in purchasing. However, it is more likely that you will be able to charge more for rent and increase your profits.


When Is The Best Time To Sell?

If you are thinking about selling your home or other properties, the best time to sell is when demand is at its highest. Some things to look for are a strong economy with low unemployment. During strong economic times, housing values go up because people have more money to spend on larger homes, second properties or new buildings for their business. With so much money available to spend, you can charge more than what the property is worth and still get your asking price.


How Do You Know How The Market Is Doing?

It is important to do your research before making the decision to buy or sell a property. Those who are buying or selling properties in foreign countries can Read Up on Property Headlines in Malaysia through online or print sources. This allows an investor to make the smartest decision possible with his or her money. If you are looking to move overseas, you need to know what the market is like before you move. You don’t want to be stuck in a foreign country unable to buy a property because it costs more than you can afford to spend on housing.


Consider Other Variables

The location of a property will determine how much you will pay to buy it or get for it when you sell it. Properties in large cities close to trendy bars and restaurants will go for more regardless of what the economy is doing. Homes that have had significant upgrades may have a hard time selling during even the best of economic times because it is too pricey for the neighborhood. Always take these factors into consideration before buying or selling a property.

Buying and selling real estate is part art and part science. You have to understand the market conditions as well as variables such as the location and quality of your property. The best thing to do is to do your research, consult with a real estate agent and don’t make a move until you find something that you feel comfortable spending money on.