Property Terms Archives ⋆ Singapore's Real Estate Dad

What can the Government do to control HDB prices?

February 23, 2021

As property prices are increasing even amid the recession, there have been talks about controlling property prices. Our high homeownership rate in Singapore has always been a pride of the nation. If property prices are on pace with what they are today, it will be

What is a Temporary Extension of Stay?

February 9, 2021

If you are a first-time seller or buyer, the term 'extension of stay' would sound alien to you. While most sellers or buyers are usually focusing on the price of the property, this clause in the contract should not be overlooked. As an agent, I

What makes a great property agent?

December 24, 2020

Find out my thoughts on what makes a good property agent and which agents I really admire! Ask Andik Anything – send me your questions and I will answer them in my videos. Engage a professional Singapore real estate agent ANDIK IMRAN | BSc Business

What are the grants available for first time home buyers?

December 1, 2020

There are a lot of grants available today than in the past. While it is great, it can be super confusing as well. Grants that are available with effect of 11 Sept 2019 are: Enhanced Housing Grant Family Grant / CPF Housing Grant Proximity Grant

LAPD method - Andik Imran - Real Estate Dad SG

Don’t buy a property without knowing this first

September 16, 2020

Today, I'm sharing one of the methods I use to help my clients find value-for-price properties. I designed this method so that we can make better decisions by removing the emotional equation. By using my LAPD method, you can make the final decision based on

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

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

Exclusive or Non-exclusive: That’s the question

January 7, 2020

What is CEA Form 5? This is a consent form to indicate your agreement with the agent to sell your property EXCLUSIVELY. An industry standard, such exclusivity agreements, are valid for up to three months. In an event where you or another agent manage to

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

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

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