Financing Archives ⋆ Singapore's Real Estate Dad

Newbie guide to buying your first HDB home

21/03/2022

This post is dedicated to my two friends who are getting married and planning to get their first matrimonial home this year. So how does one begin to buy a property without prior experience or the skills needed to ensure a smooth transaction? We tend

Home Loan Tenure : Why is it not wise to shorten it?

08/09/2021

While there are a lot of us who would try to stay away from debt, I would reiterate again that not all debts are bad. Some examples of really, really nasty debts are credit card debts, loans you get from the pawn shops or even

What is an Asset Progression Plan?

07/06/2021

An asset progression plan is a plan to enhance the value of your net worth. Find out how it’s possible to improve the quality of your life.

Should I invest in stocks or property?

22/04/2021

If we start to ask ourselves this question, great, we are finally #adulting. Both investment vehicles have historically increased their value over the years. Before we dive into which of the two is a better investment vehicle, in the long run, let's compare their difference

How Well Do You Really Know Your Mortgage Agreement?

30/03/2021

Hidden fees can make having a mortgage expensive. Here are some fees to be aware of when getting a mortgage. Most of us skip reading the terms and conditions of our mortgage. It's important that we understand how hidden fees can affect our bank accounts.

How much must you earn to own a property in Singapore?

27/10/2020

I'm sure many of us will want to achieve financial freedom as soon as possible. But for most Singaporeans, even if we do not take a car loan, do not have credit card debt or have already fully paid off our university loans; there is

Buyers’ market your head!!! – Dissecting the sellers’ mindset

20/04/2020

I always get this kind of questions a lot by home buyers: "How's the property market today?" "Eh now buyers' market leh. Why is your unit so expensive?" So what exactly is a buyers' market? Buyers' market definition Buyers' market means that the supply in

Bank loan vs HDB loan-Andik Imran-Real Estate Dad

Bank loan vs HDB loan: Which is the better option?

13/04/2020

For most of us, it is impossible to buy our homes without a loan. Housing loan is considered one of the safest loan for lenders. Hence, the interest rates are relatively lower as compared to other loans such as a motor vehicle loan. For Singaporeans,

What is progressive payment?

28/11/2019

Progressive payment scheme is when you have the option of paying for your new home progressively in stages, rather than all at once. This payment feature attract more buyers to buy uncompleted properties or properties under construction. Many home/property buyers are hesitant to buy properties

Implication of debt in your property investment journey

20/11/2019

I personally do not like to take loans. Even when buying a car, I bought one that I could afford with cash on hand. At times, taking a loan can have its merits. For example, using a credit card with 0% interest instalment plan. When

Financing