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We bought a two-bedder at executive condominium The Vales in 2017 for $650,000. We have an outstanding loan of $400,000 at 1.5 per cent interest rate at a five-year fixed rate, which ends September 2025. We now have a four-year-old daughter, and are thinking of our options and which may work best for us. I am trying to strike a...
In 2018, there was a research report by DBS that forecasted new private homes to cost between $2,300 to $2,900 psf on average by 2030. This sounded incredibly bullish back then, especially when the average new private home cost about $1,500 psf in 2018. But look where we are today. It's 2023, and the average price of a new launch...
As far as our living environment is concerned, one key takeaway most of us had from the pandemic is the true joy of having a good view to enjoy from your apartment. What we notice is that many homeowners now look out for units that offer unblocked views — be it from the living area, bedrooms or even bathrooms. Yet,...
Our verdict 75 per cent Overall rating A 99-year leasehold development in the green and leafy Dairy Farm neighbourhood, The Botany at Dairy Farm is an urban escape that is ideal for families and nature lovers alike. The project is located along Dairy Farm Walk, right across the GESS and Dairy Farm Park. However, it might not be practical for those who...
The first-mover theory holds that, if you're the first to buy in a yet-to-peak area, you'll see better capital gains. In theory, you would be buying before property values start to spike, in a classic buy-low-sell-high move. But depending on who you ask, you'll get contradictory opinions: some property investors truly believe it, others will point out the challenges of...