Commercial vs residential property

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Investing in a commercial property offers exciting opportunities, most investor tend to stay away from commercial property investment because of lack of understanding in the topic. Commercial property refers to office and retail space and industrial properties like warehouses and factories. Sometimes investing in commercial properties can be quite affordable  sometimes costing less than residential properties. What is the key […]

Co-ownership property investment

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What is co-ownership?  Co-ownership is a way of sharing the ownership of a property between two-or more people – friends, family members or partners. It usually involves the incorporation of a company. For investors, it involves: Pooling your money with others to put down a deposit on a home Combining your credits to get a […]

How to choose a mortgage broker

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Ten years ago there are only a handful of mortgage brokers in Singapore. Today, you will be able to find more than 20 brokers online and they are still expanding. Some are setup by ex-bankers, estate agents, insurance agents and entrepreneurs. With so many choices, how do you choose? What are the roles of mortgage […]

Buying a property to let

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Becoming a landlord is an exciting opportunity. Few people has the chance to do profitably. The key to a successful investment is to carefully plan out your finances and select the right property. Plan your budget Ideally the tenants’ rent will cover your mortgage payments as well as some overheads. Make sure you have researched the […]

How to calculate your property’s ROI?

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People who are interested in investing in property often get the well-meaning advice to “do your sums” before making the leap. As property is often one of the biggest purchases that you will make in your lifetime, and usually comes with a large mortgage that can result in financial distress if not managed properly, I […]

Buying Commercial Properties – What to look out for?

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Recently, met up with an old classmate of mine, who just purchased a commercial property for investment purpose. I thought it will be great if he can share some of his experiences when buying commercial property. We put up some quick tips for you: 1. Tenure: most commercial properties in Singapore are either 60 years […]

Mortgage Glossary

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Accrued Interest Interest calculated and added to the interest amount payable, but which is not yet paid. Amortization Scheduled repayment of a loan through regular instalments over a period of time (e.g. weekly, fortnightly or monthly repayments over a 30 year term). The borrower pays the interest and part of the principal in each repayment. […]

Really simple ways to save thousands off your mortgage

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With a little discipline and help from your love ones, you could save thousands of dollars for your mortgage. Here’s how:- Assuming you have a mortgage of S$250,000. Your tenure is 30 years at an interest rate of 1.6% to 3% per annum. You make your repayment on a monthly basis.   If you are […]

6 Ways to pay off your mortgage fast

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You have bought your dream house and now its time to pay it off. Here are some tips on how to pay off your loan faster. 1. Make frequent partial repayment When you make partial repayment to your loan, you are actually paying off your principal. This will help you to save thousands of dollars […]

 
 
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