Category: Housing & Property

Your Loan/Mortgage Can Reshape Your Future In Unforeseen Ways

Upon graduation, many of my friends had big dreams to do good things in this world. They realised how privileged they were and wanted to use their knowledge and skills to help the less privileged. They wanted to help the needy, build homes for the homeless, or provide medical care to the disadvantaged. But after a decade, none of them did this. Why did they not “follow their dreams”, and what forces caused them to drastically alter their life and choices?

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Live For “Free” In A Condo? Here’s What Your Property Agent Isn’t Telling You

[This article is written by Timothy Ho, and first appeared on Dollars and Sense] If you have been thinking about buying a condominium, or are intending to upgrade from a smaller apartment, you may have met a few enterprising real estate agents claiming they can help you buy your “dream condo for free”. You may even have seen Facebook ads from agents that claim you can easily own multiple properties with little or no money. But just how genuine are these claims? (more…)

Do We Really Want High Home Values?

The new generation is being priced-out of the market. Many young Singaporeans are worried they won’t have good-paying jobs in the future, let alone earn enough to afford a decent home. If the economy is not booming, then what’s keeping home prices up? Why haven’t the government cooling measures brought home prices back down to historical values? Why are interest rates on loans still near zero? Are there good reasons to want home prices to come down? Here are some things to consider.

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Government Policies on HDB Housing – Simplified!

Affordable and quality housing is one of the cornerstones of building social stability, and the sense of nationhood. Singapore’s public housing programme is no doubt one of the most successful public housing programmes in the world, resulting in low rates of homelessness, the elimination of slums, higher cultural and social integration, and lower crime rates. By comparison, in Los Angeles, when I grew up, public housing (aka the projects) was a hotbed for crime, drugs, gangs, violence, and disease, with little chance of upward mobility or even integration. Because homelessness results in a whole host of problems, keeping housing affordable and accessible, still remains one of Singapore’s top priorities. Though with all the various government schemes, it’s hard to keep track of what’s what. Here’s an attempt to help simplify the various public housing schemes available in Singapore:

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Ohmyhome – A simple way to buy, sell, or rent HDB flats completely FREE!

In this new digital economy, middlemen are being reduced or completely bypassed, and technology is making it easier for producers/sellers and customers/buyers to deal directly with each other. The property market is no exception. In a previous article, I argued that unless property agents demonstrate value to their clients, their services will be more and more debased as technology makes transactions easier, more transparent, and so “boilerplate” that it’s possible for two parties to DIY the transaction. With Ohmyhome, this DIY route is made more feasible, and is completely free.

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