Singapore Residential and Commercial Real Estate

Buy a property in Singapore

Buying a property in Singapore is one of the most transparent property transaction processes in

the world. You must always get the correct advisors for the processes to ensure your purchase is

smooth without any unforeseen hip-ups.

Singapore Market itself is full of opportunity to make money, with a lot of ongoing development

running, driving the capital gains and yet supported by strong rental demands by expatiates

giving consistent rental yields to properties.

Direct from Property Developer

They are brand new units from developer, minimum outlay is required, and usually 5% as

booking fee on booking day, within 8 weeks the remaining down payment of 15% must be

received by the developer. Remaining amount is payment is made progressively until the

development is completed. The 80% amount is usually covered by bank loan, depending on

bank assessment.

The legal process is very clear in Singapore for such purchase as it is govern by Controller of

Housing (Government Authority), with govern clause in option of purchase (OTP) and sales and

purchase agreement (S & P).

Direct from Owners from Secondary Market

They are pre own units from owners, usually 1% as booking fee for options to purchase on your

booking day, within 14 days to exercise on the options to purchase. The 4% is given on the day

of the exercise of the options to purchase, within the completion time of 8 to 10 weeks settle

the remaining 95% through bank loan and personal funds. Bank loan is usually up to 80% for

such property purchase, depending on bank assessments.

These purchases through secondary market are private agreement between parties and clauses

may be twitted accordingly to the requirement and agreement by both parties. Inclusion of

nomination clauses for sales of options to purchase to other parties, longer exercise duration

etc; can be incorporated into the agreements.

Singapore Property Market

The Singapore property market is an investor haven with numerous contributing factors

resulting in one of the best performing property market in the world.

1) Consistency in policies for developing and re developing Singapore, expansion of mass transit

line, recreating township but decentralizing Central Business District into Location Business

District in the North, East, South, West and relocation of PSA to reshape the Central Business

district becomes the key drivers in capital gains in Singapore.

2) Stable Rental to Preserve Capital yield. The consistent influx of foreigners to Singapore gives a

consistent performing rental market; enable rental yields to stabilise between 2% to 4%. This is

coupled by low interest rate environment of between 1% to 2%, that is driving interest to take

up physical assets.

3) Well managed in terms of low crime rates, establishment as an education hub, trade hub,

finance hub, creates ideal environment for white collar workers and students and their family to

relocate to Singapore.

About Us

Property Cast is a Website that partners with professional properties brokers in Singapore. We always recommend the most capable brokers to help you find your dream home; introduce a property assets that will meet your investments needs. We always bring to you the latest promotions and best discount for Properties in Singapore, Brand New Units Direct from Developers and Properties from the secondary markets. Our Partner Brokers are proficient, well-qualified and competent group of professionals acting as single window/point of contact for all Real Estate solutions. We are also an one stop solutions Website introducing expertise brokers on Sales & Marketing of Properties and Property Management for Companies, Property Developers, Asset Management Companies, Investors and Home Owners for all property asset class, commercial, industrial, offices and residential.

Contact Us

Phone: +65 9039 3774

Country: Singapore

Website: http://sgassetsbroker.com.sg