Financing Archives ⋆ Singapore's Real Estate Dad

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

April 20, 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?

April 13, 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,

Newbie guide to buying your first HDB home

April 4, 2020

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 property transaction? We

What is progressive payment?

November 28, 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

November 20, 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

What is an Asset Progression Plan?

November 7, 2019

Do you want to spend more time with your children? Have you ever thought about leaving a legacy behind for them? Are you looking for a passive income that can fund your family expenses? If you are looking for a quick and surest way to

What is my housing loan eligibility?

November 1, 2019

This is a very common question that people ask. The maximum loan depends on: HDB Concessionary Loan or a private bank loan The type of property you buy Age of property HDB Concessionary Loans For HDB Concessionary Loans, you can borrow up to 90% of the flat’s value

New Housing Grant: A Blessing in Disguise

October 17, 2019

The Government has announced more grants for new homes buyers. The responses were mixed, like many policies that were implemented. New homebuyers were, of course, delighted. Many, like myself, were a bit annoyed, mainly because of jealousy. However, after thinking about it, it can be

Why do we want to use a 15-year or less mortgage?

October 11, 2019

If you are new to the property lingo, mortgage refers to a loan for buying a house. Homebuyers usually take a mortgage when they do not have the means yet to buy upfront with cash. And even if they do, they feel that buying the

What is MSR and TDSR?

October 7, 2019

MSR (Mortgage Servicing Ratio) and TDSR (Total Debt Servicing Ratio) are one of the few important terms used by property buyers and investors. Home buyers who are using a loan or mortgage will need to know this. If you are planning to invest in property,

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