10 things first-time homebuyers should know before buying in 2021 asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
July 08, 2021
The Straits Times
With an increasing number of millionaires in Singapore, it s not a rare sight to see high-end and performance vehicles on the streets.
While owning a car is a definite status symbol in Singapore, owning a luxury car can be seen as the ultimate sign of wealth in an already very wealthy city-state. But how much does it actually cost to own one of the most popular luxury vehicles in Singapore?
And how much would you need to earn to be able to afford those costs? We take a look at the costs of owning the newly released Mercedes Benz S-class .
June 09, 2021
Stackedhomes
You’ve got your income documents, your bank statements, your valuation…and then the email comes saying your loan application is rejected.
The TDSR and MSR can be shockers, especially to home buyers who purchased their property long before these rules. While it’s generally best to keep within the parameters of these servicing ratios, however, there are steps you can take if you’re going past them:
How do the TDSR and MSR affect your home loans?
The Total Debt Servicing Ratio (TDSR) applies to private properties and Executive Condominiums (ECs). Under the TDSR framework, your monthly home loan repayment – inclusive of other outstanding debts – cannot exceed 60 per cent of your monthly income.
Looking to buy a new car? There’s more to a $0 down payment car than meets the eye. Read this before you sign on the dotted line.
Everybody knows how expensive it is to own a car in Singapore. It doesn’t help that car-related things aren’t the most straightforward or easiest to understand. Truly, there are a thousand and one things.
May 11, 2021
Stackedhomes
From the long wait for Permanent Resident (PR) status, to the process of house hunting, finding an HDB flat can be a challenge.
But this week we spoke to A, who recently managed to find a new home with a foreign (now PR) wife. Here’s the process of shortlisting properties and wide-scale house-hunting, and how they eventually ended up with a new flat at the famed SkyTerrace@Dawson :
An urgent need for their own home
A and his wife had lived with their parents a significant length of time, and his wife was eager to find a place of their own: