In tough economic times, you may need to fall back on your house to tide over financial difficulties – and this is where the right home improvements can do wonders for you

By: Hitesh Khan/

Image credit: Tino Rossini / Flickr

In the days of an uncertain economic growth and job insecurity, there’s no place like home sweet home. Even with the property cooling measures introduced in July last year, homeowners can still recoup 80 to 90 per cent of the money spent on home improvements.

The key in home improvements is to know where to spend. Just because you put $20,000 into renovations, it won’t necessarily add that much value. If your house needs  better plumbing and electrical systems, you won’t see a return on it for a while because people expect that in a house they’re buying to be in good shape. Bad plumbing will detract from the value, but new plumbing won’t necessarily drive up the price tag.

The key to adding value is to focus on the things that are important to buyers, and to overdo in home improvements. You don’t want to have the most expensive home on the block.

Here, in no particular order, are some tips for how to get the best bang for your buck on your home improvements, even in a tight real estate market.

1. In real estate, dark and cramped are no good, so a little light goes a long way

If your house has small rooms that block the flow of natural light, you may want to consider knocking down some walls and opening up your floor plan. Open floor plans usually involve combining your kitchen, dining and living areas into one big space that suits a casual lifestyle.

This makes a small house feel light and airy, giving the illusion of a larger living area. Open rooms create an inviting atmosphere for entertaining, because kitchen duties can be performed while hanging out with guests. It’s also great for young families because it allows parents to work on dinner while keeping an eye on the youngsters. Adding rooms is also a big value booster.

2. Green is in

So many companies are looking for ways to reduce costs and minimise their carbon footprint. One way is to offer telecommuting options for employees. Many Singaporeans work from home, and that number grows every year. This has made a home office more of a necessity than a luxury.

Creating a dedicated work space adds value to your home, Converting an extra bedroom is a great way to take care of business from the comfort of your home. You’ll want to make sure that you have plenty of space to spread out your work load and ample cabinets for storing supplies and archival paperwork. You also need an ergonomic workstation.

The rule of thumb is a 26-inch (66-centimeter) high desk and a computer keyboard situated 23 to 28 inches (58 to 71 centimeters) from your body. Your chair height should be 15 to 21 inches (38 to 53 centimeters) from the floor.

3. Painting is one of the least expensive ways to freshen and improve your home’s look

Painting will consequently improve the value  of your home. And we’re talking everywhere, including interior features as well. A coat of paint can do wonders to brighten up dingy cupboards, for example, or old paneling. In the past, neutral colors were seen as the best way to create a fresh, bright, versatile look. But today, people crave color, so don’t be afraid to consider a wide range of hues.

Just stay away from super-bright colors, such as hot pink or neon yellow. Don’t really have an eye for color? Not a neat painter? Then hire a professional. Painting is such an affordable home enhancement that you can probably manage to spend a little on an interior designer who can help select colors, and a professional painter to do the dirty work.

4. Update your bathroom

Updating or bathrooms, especially master baths, will add considerable value to your house. A master suite with his and her sinks, spacious showers and plenty of square footage are what buyers are looking for. Added amenities such steam showers and whirlpool tubs will serve you well, and ample storage is a must.

Traditional ceramic tile floors are preferred over wood flooring because they handle water better. If you want to go green, low-flow toilets and skylights are good choices. Keep your design in the same period as the rest of your house. You can still have modern amenities while retaining a classic look. Don’t be shy when it comes to spending – the average bathroom remodel can get you back the majority of your investment.

5. Everyone gravitates towards the Kitchen

Have you ever noticed everyone gravitates toward the kitchen during a party? It’s known as the heart of the home for a good reason. The draw of your kitchen to party-goers has the same value to potential buyers, so a kitchen remodel is one of the best ways to add value to your house.

An updated kitchen appeals to a buyer’s emotions and a homeowner’s wallet because, if done correctly, it can give you close to a 100 per cent return on your investment on home improvements. Plenty of counter and cabinet space is a must, and granite counter-tops are popular with buyers. Stainless-steel appliances are also a hot ticket, but the most important thing is to make sure your appliances all coordinate. Island counters are wonderful additions if your kitchen has the space. They not only provide additional counter space, but can also be used for homework, grabbing a quick bite or a place for guests to hang out while you cook.

Do you know enough about how property valuation is done in Singapore?

Knowing how to calculate the property valuation is of paramount importance to a home owner. It can help you determine whether you are overpaying for a home, or whether you have gotten yourself a real bargain. Paying the right price is just one way you can avoid overspending on your property.

Another smart way to avoid overspending on your property is to get the right loan. Getting the right loan can be a much simpler task, but only if you get the right person to it for you. Get in touch with iCompareLoan’s loan consultant to help you get the best loan deal at the right price.

The iCompareLoan mortgage brokers can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Home improvements will lift the value of your house appeared first on iCompareLoan Resources.

The Urban Redevelopment Authority’s (URA) Realis data showed that developers sold 1122 new private homes in August, excluding executive condominiums (ECs). Besides the 1122 new private homes moved, August also saw 45 ECs being sold.

CBRE commenting on the 1122 new private homes sold in August said:

“Unfazed by the Hungry Ghost month, a total take-up of 1,122 units (excluding ECs) was recorded for the month of August. This is close to the take-up of 1,179 units in the previous month. However, it is noted that 72% of the units sold for August were from previous launches, as most developers avoided launching new projects during the Hungry Ghost month.

Parc Clematis was the only new launch (440 launched) in August 2019 which saw 316 units sold, making it the top performer for the month. Encouragingly, projects from previous launches continued to do well – including The Florence Residences (122 units), Treasure at Tampines (93 units) and Parc Botannia (61 units), which are located in the OCR.

In the EC segment, Piermont Grand, which was launched in July, sold another 44 units. To date, 409 units were sold out of 820 units. Given the higher income ceiling which was revised from $14,000 to $16,000, CBRE expects a widening of the demand pie for ECs, as more marginal buyers may now be more incentivised to enter into the EC market. Over the next few months, this could benefit sales performance of Piermont Grand as well as Parc Canberra, which is expected to launch by end of the year.

Despite the weaker macroeconomic environment, the private residential market remains bolstered by fairly strong underlying demand. Some buyers could be motivated by the lower interest rate environment due to the revision of interest rates and outlook by the Federal Reserve.

CBRE Research expects launches and sales to pick up further in September given that more projects will be launched after the Hungry Ghost period. Some of these projects include Avenue South Residence, Meyer Mansion and Luxus Hill. Coupled with the 6,649 new units sold year to date, CBRE expects the total number of new sales in 2019 to clock north of 8,000 units.”

Colliers International’s Head of Research for Singapore, Ms Tricia Song said: “Demand in August seemed to have been sustained, despite the typically taboo Ghost Month.”

“Despite the global economic uncertainties and the Chinese lunar seventh month, over 1,000 new homes were sold last month. Last month’s sales volume is considered strong as it is almost on a par with July’s. The month of July usually records higher than average monthly sales in a year, and the sales volume for July 2019 was the highest for this year,” said OrangeTee & Tie head of research & consultancy Christine Sun.

“Most developers avoid the lunar seventh month for project launches and as a result, sales volumes tend to be lower. However, 2019 could be the exception. The lunar seventh month ended on Aug 29, giving developers the flexibility to decide whether they should launch on the last weekend of August,” said Huttons Asia’s research director Lee Sze Teck. In fact, Luxus Hills’ Signature Collection and Parc Clematis were both launched during that weekend to “spectacular results,” said Savills’ executive director for research and consultancy Alan Cheong.

JLL’s head of Singapore research Tay Huey Ying said she expects launch activities to “resume in September and the months after, given it will be in the interest of developers to ramp up new launches to beat the additional buyer’s stamp duty deadline.”

Mr Paul Ho, chief mortgage officer at iCompareLoan said, “although the 1122 new private homes sold in August, compared with 617 units in the same month a year earlier is an increase of about 82%, it is bad comparison.”

“We cannot forget that new private home sales plunged following the Government property cooling measures announced in July last year. So we cannot compare statistics from August 2018 with data from August 2019. There are several new launches in September and how the new private home sales clock this month will determine if the private residential market is indeed on the mend. Also will the property market be affected by the downturn of the economy?”

Some analysts suggested that the 1122 new private homes sold in August points to Singapore being seen as a safe haven from turmoil from the trade tensions between China and the USA, as well as the protests in Hong Kong. Others have said that the stable Singapore Dollar is another reason why investors are continuing to find confidence in the Singapore real estate market.

The private residential market has “remained resilient” in spite of local economic slowdown, said JLL’s senior director of Research and Consultancy Ong Teck Hui.

How to Secure a Home Loan Quickly

Are you concerned about HDB prices or are ensure of funds availability for purchase? Don’t worry because iCompareLoan mortgage broker can set you up on a path that can get you a home loan in a quick and seamless manner.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post 1122 new private homes sold in August showed Realis data appeared first on iCompareLoan Resources.

– Flexible workspace sector registers stellar growth of 36% CAGR (by net lettable area) over the last three years
– Flexible workspace sector is projected to grow by 24% in 2019 and 15% in 2020 on continued adoption
– The top three players in the Flexible workspace sector – WeWork, IWG, and JustGroup – now hold over 50% of the market share (by NLA)
– Flexible workspace sector operators likely to continue to expand into fringe areas or retail/hotel space given the tight vacancy in the CBD

Image credit: Colliers International

Colliers International has today published its latest research report which examines the growth and outlook of the flexible workspace sector in Singapore.

Flexible workspace sector, comprising coworking centres and serviced offices, has risen in prominence in recent years to become a mainstream real estate asset class globally. Supported by robust demand from occupiers, the flexible workspace sector witnessed tremendous growth in Singapore. It now accounts for 3.7 million sq ft of net lettable area (NLA) of commercial space island-wide – more than trebled from the 1.2 million sq ft in 2015.

Colliers Research projects that the total space takeup by the flexible workspace sector could grow by 24% in 2019 on continued pace of adoption. The pace of growth could likely slow to 15% in 2020, due to a higher base and tight vacancy.

Tricia Song, Head of Research for Singapore at Colliers International, said, “Singapore is considered one of the most mature markets in Asia for flexible workspace. In the last three years, the sector has seen stellar growth, at a compound annual growth rate (CAGR) of 36% by NLA. We believe it will continue to advance and expand, given the still-low penetration rate of 5%. That said, given the tight vacancy in the CBD, we would expect flexible workspace operators to increasingly look at alternative locations outside the city.”

Data tracked by Colliers Research showed that 83% of the flexible workspace stock is located in the central business district (CBD), with 12% in the city fringe and 5% in suburban areas. Within the CBD, flexible workspace is most concentrated in the Raffles Place/New Downtown micro-market (52%) – boosted by the lease of 200,000 sq ft of space at 21 Collyer Quay (HSBC Building) by WeWork.

Competitive landscape
The top seven flexible workspace operators now hold 65% of the market share, with the top three – WeWork, IWG, and JustGroup – holding 51% of the enlarged pie. This reflects consolidation in the industry, as the bigger operators have been scaling up their portfolios aggressively, while some of the smaller operators with no economies of scale were either acquired or squeezed out. Based on Colliers’ research, most of the closures came from small-sized, single-space operators, with an average floor space of 7,500 sq ft.

The industry is likely to remain competitive with the entrance of conventional landlords and global players, given a relatively transparent and fragmented market with little product differentiation.

Rick Thomas, Head of Occupier Services at Colliers International, said, “The stiffer competition in the sector should bring about enhanced product differentiation, with an increasing focus on amenitisation. To stay competitive, we believe operators would have to remain nimble, customer-centric, and be flexible in customising space to meet evolving occupier needs. On the demand side, we expect more companies – including large corporates – to embrace the Flex and Core strategy in view of rising business uncertainties and increased adoption of flexible work arrangements by employers.”

Trends and outlook
The sector is set to see more growth and Colliers Research has identified three key trends that would shape the flexible workspace industry in Singapore: continued consolidation; expansion into retail/hotel space; and increased collaboration between landlords and operators.

Continued consolidation
Industry consolidation would likely continue by way of collaboration between landlords and flexible workspace operators, and/or mergers and acquisitions among operators to drive greater synergies, or international operators looking at leveraging local market knowledge as a way of entering the market.

Expansion into retail/hotel space
Since Justco’s move into Marina Square in Q2 2018 (taking 60,000 sq ft of retail space), other operators have followed in its footsteps to launch flexible workspace in non-office space. In particular, The Great Room is occupying 15,000 sq ft of space on level two of the restored Raffles Hotel Singapore, the first co-working space to be integrated in a six-star hotel. Similarly, for retail, IWG’s Spaces took up 35,000 sq ft spanning four floors in One Raffles Place mall, and another 35,000 sq ft over two floors in TripleOne Somerset mall.

Increased collaboration between landlords and operators
There is greater collaboration between landlords and flexible workspace operators, including CapitaLand’s joint venture with The Work project, as well as City Developments’ partnership with Chinese co-working operator Distrii. Frasers Property, which has taken a stake in JustGroup Holdings, is also partnering JustCo together with GIC to develop a coworking space platform across Asia. Meanwhile, GuocoLand has allocated 15% of Guoco Midtown’s NLA for flexible workspace, and Lendlease is entering the industry with its own flexible workspace brand called csuites, with the first centre in Paya Lebar Quarter.

Ms Song added, “Finally, we see one crucial factor impacting the sector: while the established coworking operators currently offer improved services, experience and workplace solutions through their expertise, should conventional landlords launch their own coworking products and enter the market in a meaningful way instead of offering long term leases to established operators, the dynamics and outlook of the sector could change significantly.”

How to Secure a Commercial Loan Quickly

Are planning to purchase properties for investment in the the largest data centre market in this region but unsure of funding? Don’t worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Commercial Loans in Singapore before deciding. Our brokers have close links with the best lenders in town and can help you compare Singapore commercial loans and settle for a package that best suits your commercial purchase needs.

Whether you are looking for a new commercial loan or refinance, our brokers can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the loan. And the good thing is that all their services are free of charge. So it’s all worth it to secure a loan through them.

For advice on a new commercial loan or Personal Finance advice.

To speak to our Panel of Property agents.

For advise on refinancing advice.

The post Flexible workspace sector marches on in Singapore appeared first on iCompareLoan Resources.

HDB may exercise flexibility on the age requirement for LBS for those with long term medical expenses, Minister for National Development assures in Parliament

Minister for National Development Lawrence Wong assured the House on Sep 2 that the Housing and Development Board (HDB) will be willing to exercise flexibility on the age requirement for the Lease Buyback Scheme (LBS) for those with long term medical expenses. The Minister was responding to an MP who had asked if “the Government will consider lowering the minimum age requirement for the HDB Lease Buyback Scheme for flat owners who need long-term medical treatment for chronic illnesses.”

In responding to the MP, Mr Wong said:

“The qualifying age for LBS is set at the CPF Payout Eligibility Age of 65 to allow seniors to receive their monthly CPF payouts immediately after they take up the LBS. Nevertheless, HDB is prepared to and has exercised flexibility on the age requirement for those with long term medical expenses.”

In thanking the MP for his feedback, Mr Wong said that his Ministry will take it into consideration as it continues to review its schemes.

The Minister for National Development, Lawrence Wong, announced in August last year that the LBS will be extended to all HDB flats, including 5-room and larger flats. Writing in his blog, the Minister said that the Lease Buyback Scheme “is a good scheme but it only applies to those living in 4-room or smaller HDB flats” at the moment.

Mr Wong said: “The original thinking was that it would make more sense for those living in bigger flats to right-size. But there are seniors who prefer to age in place. Some also have grandchildren who come over to visit regularly, and would like a bigger space for the extended family.”

Adding: “After considering the matter carefully, I have decided to extend the LBS to all HDB flats, including 5-room and larger flats. This will enable many more Singaporeans to benefit from the scheme.”

At the moment, you are eligible for the Lease Buyback Scheme or LBS as an additional monetisation option if you are from an elderly household living in a 4-room or smaller flat. Through this scheme, you will be able to tap on your flat to receive a stream of income in your retirement years, while continuing to live in it.

You can sell part of your flat’s lease to HDB and choose to retain the length of lease based on the age of the youngest owner. The proceeds from selling part of your flat’s lease will be used to top up your CPF Retirement Account (RA). You can then use your CPF RA savings to purchase a CPF LIFE plan, which will provide you with a monthly income for life.

In order for your household to qualify for the LBS, the following conditions must be met:

How the LBS Works as illustrated by HDB:

If your household is eligible for the LBS, you will be able to:

• Sell the tail-end lease of your 3-room or smaller flat, or 4-room flat to HDB, and receive up to $20,000 or $10,000 of LBS bonus, respectively
• Use the net proceeds to top-up your CPF Retirement Account (RA) to the specified requirements as shown:

For households with 1 owner, he or she will have to use the proceeds to top-up the RA to the current age-adjusted Full Retirement Sum (FRS).

For households with 2 or more owners, each owner will have to use their share of the proceeds to top-up their RA to the current age-adjusted Basic Retirement Sum (BRS).

Determining the LBS bonus

Your household will receive the full bonus as long as the total top-up to the flat owners’ RA is $60,000 or more. If you are unable to do so, you will receive a pro-rated bonus of:

• $1 for every $3 CPF top-up for 3-room or smaller flats; or
• $1 for every $6 CPF top-up for 4-room flats

Amounts in excess

After you have topped-up the RA to the requirements stated above, any excess proceeds can be withdrawn in cash, up to a maximum of $100,000. If your household has more than $100,000 of proceeds after the top-ups, owners will have to use their share of the proceeds to further top-up their respective RAs to the current FRS after your household has retained $100,000 in cash.

CPF LIFE

Your full RA savings will be used to buy a CPF LIFE plan if you have at least $60,000 in your RA after the top-up. You will not be eligible to join CPF LIFE if you are aged 80 and above.

Options for lease period

Your household will have the flexibility to choose the length of lease to be retained, based on the age of the youngest owner. The duration of the lease retained determines the amount of net proceeds unlocked.

Illustrating an example

Joint Singapore Citizen (SC) Owners aged 65 years old

Assumptions:

• 4-room flat held under joint tenancy
• No outstanding loan
• Balance lease: 65 years
• Market value: $450,000
• Choose to keep a 30-year lease
• Sell the tail-end 35-year lease to HDB for $190,000

	Husband	Wife
Citizenship	SC	SC
Age	65	65
Initial Retirement  Account (RA) Balance	$20,000	$5,000
Current Age-Adjusted Basic Retirement Sum (BRS)	$83,000	$83,000

In his blog entry, the Minister said that he is looking at ways to improve the liquidity of the resale market for older flats in order to facilitate “right-sizing”. “Currently, CPF can be used for the purchase of older HDB flats but subject to certain restrictions,” he said.

Adding: “These rules are meant to ensure that buyers purchase a home for life, without compromising their retirement savings.

Mr Wong said his ministry is working with the CPF Board to review and update rules to provide more flexibility for buyers of shorter-lease flats while safeguarding their retirement adequacy.

How to Secure a Home Loan Quickly

Are you concerned about HDB prices or are ensure of funds availability for purchase? Don’t worry because iCompareLoan mortgage broker can set you up on a path that can get you a home loan in a quick and seamless manner.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post HDB may exercise flexibility on age requirement for LBS appeared first on iCompareLoan Resources.

Everything you do to make your dream house come true; flicking pages of interior design magazines, looking at homes around you, browsing home renovation websites for design inspirations and consolidating numerous virtual mood boards. But not everything seen and pinned in your browsing can work well for a home in Singapore.

By: Hitesh Khan/

Image credit: Rictor Norton and David Allen / Wikimedia Commons

Apart from style, functionality and ease are equally important in making your dream house come true. There are two important factors to think about when doing renovation, i.e. our hot and humid climate, and lack of space.

These are 5 simple renovation trends that could inspire homeowners make your dream house come true.

1. Hardwood flooring
It may be appealing to place hardwood flooring to add a touch of elegance and a sense of warmth to your homes. However, the high humidity level in Singapore can cause the flooring to warp or swell in the long run. It is not possible for you to switch on your air conditioner 24/7 to reduce the humidity level in your home in order to maintain your hardwood floor as the temperature inside and outside of your home are different and could cause condensation. Different climatic conditions will cause little gaps in hardwood flooring that would attract termites.

Alternative:
Choose a wood-like tile & laminate it with wood-grain pattern or vinyl wood-like flooring which are more cost-efficient. If you still want real wood, choose teak. It is commonly used for outdoor flooring which is more durable for expansion & contraction.

Tip 1 in making your dream house come true: Use Vinyl-Flooring

2. Small Tiles

Small tiles as an accent for your room will help to make your room look stylish and more spacious. But while they may look great, they are not the best choice for a home in Singapore. The high humidity level will cause bacteria, moss and fungus to grow faster and you will find them more difficult to be cleaned.

Alternative: Keep small tiles to accent walls, rather than the entire surface. You can also play around with the patterns using small tiles in the wall. Remember – just use it as accent!

Property Valuation Singapore – Three methods that you need to know

3. Kitchen Island & Freestanding Bathtub
Kitchen islands and freestanding bathtubs are the epitome of luxury and opulence, but because they are positioned in the middle of the room, they tend to take up a lot of square footage.

Alternative: If you insist on having a kitchen island, choose hybrid islands that do double duty; where they can also serve as a dining table or storage space for instance. Instead of going for a freestanding bathtub, consider a glass-encased shower with a rainfall showerhead instead to achieve the luxury feel without taking up too much space.

4. Walk-In Wardrobe
You love it for the luxurious feel it gives your home, but it’s a luxury that should be reserved for those with a sprawling mansion – or an extra room to spare.

Alternative: Rather than convert a part of your already small bedroom into a walk-in wardrobe, a built-in wardrobe would hold your clothes just fine. As it is flushed to the wall, it takes up minimal room while giving a clutter-free appearance. Wish to parade your fashion accessories? Go for see-through panels or open shelves.

Tip 2 in making your dream house come true: Walk-in-Wardrobe may give you more space, but built-in-wardrobe let’s you make effective use of space.

5. Wallpaper
Choose a bold print, and you can create instant panache. Choose a calming motif and your home becomes a soothing sanctuary. But While wallpapers are one of the easiest style changers, they do not do so well in our humid climate. The humidity will cause the wallpaper glue to come off in the long run and causing the wallpaper to curl and peel.

Alternative: If you wish to incorporate wallpaper, stick to feature walls that are away from windows. A good alternative to wallpaper is decorative paints or special effect paints.

Do you know enough about how property valuation is done in Singapore?

Knowing how to calculate the property valuation is of paramount importance to a home owner. It can help you determine whether you are overpaying for a home, or whether you have gotten yourself a real bargain. Paying the right price is just one way you can avoid overspending on your property.

Another smart way to avoid overspending on your property is to get the right loan. Getting the right loan can be a much simpler task, but only if you get the right person to it for you. Get in touch with iCompareLoan’s loan consultant to help you get the best loan deal at the right price.

The iCompareLoan mortgage brokers can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Make your dream house come true with 5 simple steps appeared first on iCompareLoan Resources.

Cushman & Wakefield was mandated by DataCentre One (owned by Keppel Infrastructure Trust and WDC Development Pte Ltd) to conduct the tender for the sale of 1-Net North Data Centre in June 2019 and eventually sold the 100 per cent interest in DataCentre One for $200.2 million.

Shaun Poh, Executive Director, Capital Markets, Cushman & Wakefield who handled the sale of 1-Net North Data Centre said “The sale is noteworthy given that the supply of data centres is tight across Asia, particularly in Singapore.”

“Data centres are tightly held in the city-state, typically by Telcos, conglomerates and REITs and hardly offered in the market. The tight supply situation is compounded by the fact that Singapore has pledged to reduce carbon emissions putting a lid on the allocation of land for data centre use as these assets consume high volumes of energy. As expected, this tender attracted sizeable interest from investors both local and international.”

Image credit: Cushman & Wakefield

1-Net North Data Centre is located at 18 Riverside Road and spans 200,000 sq ft in available area. 1-Net North Data Centre offers stable, secure and high-powered infrastructure for digitised content, the facility has achieved Uptime Institute Tier 3 certification and conforms with the Monetary Authority of Singapore’s Threat Vulnerability Risk Assessment (TVRA) specifications.

1-Net North Data Centre has also attained Green Mark GoldPlus certification under the Green Mark for Data Centres rating system jointly developed by Singapore’s Building and Construction Authority and Infocomm Development Authority. The rating system recognises performance efficiencies in areas such as energy, water and environment, with a significantly higher emphasis placed on energy performance.

A recent research by CBRE reported that Singapore, the largest data centre market in this region, will remain as a tenants’ market because of ample supply.

The CBRE report titled ‘Asia Pacific Data Centre Trends Q1’, said the region’s data centre market continues to expand. Colocation supply across the ten Asia Pacific markets covered by CBRE Data Centre Solutions Services totalled of 1,772 MegaWatts (MW) in Q1 2019.

Demand is predominantly coming from large technology and global cloud corporates from the U.S. and China, ensuring fitted capacity remains tight across the region, said the report.

“The pipeline is totaled for about 800 MW which will help to ease the tight availability over the past few years. Nonetheless, Singapore, the largest data centre market in this region, will remain as a tenants’ market with the ample supply.”

The report noted that with 20 submarine cable systems landing, Singapore is the best connected tier I market in Asia Pacific. It added that strong connectivity along with reliable power supply sources has helped Singapore become not only the largest data centre market in this region, but also a data centre hub.

“The city-state’s conducive business environment has also allowed the data centre industry to flourish and created a highly competitive market. The presence of reputable international and local operators with strong track records has ensured end users have greater leverage and options for their deployments.”

CBRE said that large-sized technology and cloud companies have been the major demand drivers, displaying large and unprecedented requirements and accounting for a significant amount of colocation space in the last 18 months. A colocation data centre is a standalone building in which multiple companies share space for storing and running their IT equipment, akin to a multi-tenant office building or apartment complex.

A Hyperscale Colocation typically denotes large power requirements (>500 kilowatts, kW) but end-user is specifically a cloud or large tech company with requirements for scalable power, storage, and cooling; whereas wholesale colocation typically denotes large power requirements (>500 kilowatts, kW).

CBRE said in its report that it only tracks carrier neutral colocation markets which excludes non-carrier neutral facilities, system integrators and self owned facilities (including the hyperscale cloud). CBRE expects significant new supply to enter the market in the next three years, with an estimated pipeline of 177.2 MW, equivalent to around half of existing supply.

The research said that Singapore will remain an end-user market over the next 24 months due to its ample pipeline. However, data centres with strong connectivity will still be able to command premium rents for retail co-location requirements, the research added. CBRE’s report on Asia Pacific Data Centre Trends comes after it launched a specialist service for investors who want to buy into data centers.

Demand for data center investment has never been greater as aggressive foreign capital, institutional investors and infrastructure funds have started targeting the asset class.

How to Secure a Commercial Loan Quickly

Are planning to purchase properties for investment in the the largest data centre market in this region but unsure of funding? Don’t worry because iCompareLoan mortgage brokers can set you up on a path that can get you a commercial loan in a quick and seamless manner.

Alternatively you can read more about the Best Commercial Loans in Singapore before deciding. Our brokers have close links with the best lenders in town and can help you compare Singapore commercial loans and settle for a package that best suits your commercial purchase needs.

Whether you are looking for a new commercial loan or refinance, our brokers can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the loan. And the good thing is that all their services are free of charge. So it’s all worth it to secure a loan through them.

For advice on a new commercial loan or Personal Finance advice.

To speak to our Panel of Property agents.

For advise on refinancing advice.

The post 1-Net North Data Centre sold by tender for $200.2 million appeared first on iCompareLoan Resources.

The freehold detached bungalow is situated at the highest point along Garlick Avenue and sits on an elevated site that is rectangular in shape

A single storey detached bungalow at 72 Garlick Avenue in District 10 has been put up for sale by Expression of Interest (EOI) for S$16.5 million.

Image credit: Knight Frank Singapore

The freehold detached bungalow is situated at the highest point along Garlick Avenue and sits on an elevated site that is rectangular in shape with a frontage of approximately 27 metres and average depth of approximately 31 metres. The site has a land area of 856.7 sqm (approx. 9,221 sq ft).

The freehold detached bungalow is located within walking distance are Sixth Avenue MRT station, daily conveniences such as Cold Storage and eateries at Guthrie House. Prime local shopping belt Orchard Road is also a quick 15-minute drive away from the freehold detached bungalow.

Additionally, the freehold detached bungalow is within the vicinity of some of Singapore’s most prestigious schools, including Raffles Girls’ School, Hwa Chong Institution, Nanyang Girls’ High School and Henry Park Primary School.

Linda Chern, Head of Residential Prime Sales and Corporate Leasing, Knight Frank Singapore, shares, “The property is ideal for both Singaporeans or PRs and is located in a prime residential estate that is also within a GCB zone.”

Recent property transactions for homes in the area have also been promising. Chern further comments, “17 detached homes in District 10 were transacted from January to July 2019, recording a total of S$337 million in sales. Of the 17 homes sold, 11 transacted during the May to July period.”

The EOI for the freehold detached bungalow at 72 Garlick Avenue will close at 3pm on 15 October 2019.

Mr Paul Ho, chief mortgage officer at iCompareLoan commenting on the freehold detached bungalow along Garlick Avenue said, Ho said that “as the sales proceeds start to come in from the en bloc sales completion from now till end 2019, landed properties will seem attractive to some buyers. Especially the Inter-terrace segment will hot up.”

This Mr Ho believes is because en bloc sales homeowners who are flush with cash, will resort to value hunting instead of choosing smaller condominiums which are beginning to sell at unbelievable prices.

Dr Lee Nai Jia, Senior Director and Head of Research at Knight Frank Singapore said in an op-ed in Business Times in Sep 2018 that “now is the right time to buy landed property.”

“The supply of landed homes has been limited. From Q4 2008 to Q2 2018, the total stock of landed homes rose 6.4 per cent, from 68,761 units to 73,150 units. Yet, the total stock of non-landed homes went up by about 70 per cent from 172,443 units to 293,593 units over the same period.

With a lack of a strong supply of landed homes, it appears that prices of landed homes tend to trend up more than prices of non-landed homes during an upswing in prices. The Urban Redevelopment Authority’s (URA) residential price index for landed homes rose 87.7 per cent during the upswing from Q2 2009 to Q3 2013, while prices of non-landed homes appreciated 56.2 per cent over the same period.”

Demand for landed properties will heat up on the heels of en bloc sales

An earlier research by CBRE said that the total number of transactions for landed projects in 2018 is expected to be around 300 units, with the majority of units sold outside the Core Central Region. CBRE added that freehold projects will present a better value over leasehold projects in the growing landed property market.

Joseph Tan, Executive Director at CBRE Asia Pacific, speaking at a Propertyguru seminar in May 2018 said:

“As of now, the total number of housing units offered in the market is 380,000. Landed properties only consist of 1.5 percent of the total housing stock, a small supply compared to non-landed properties which comprise 98.5 percent. Around 90 percent of landed properties are freehold while the remaining 10 percent are leasehold.

“Non-landed homes priced at $1 million to $2 million remain most favoured amongst Singaporeans. For landed homes, most investors prefer those priced at $2 million to $3 million. However, the gap between property prices for 99-year leasehold and freehold landed properties is quite narrow due to the scarcity in this category.”

Mr Ho said that given the land scarcity in Singapore, demand for landed property in Singapore will continue to rise over the long term. He pointed out that Singapore continues to be a global financial centre and a trade hub with high livability scores – all of which attracts high net worth investors to the Republic. All these factors will inevitably fuel demand for landed property in Singapore he added.

“The value buys in the property market right now are are landed inter-terrace houses which’s per square feet price on the built-up area is usually less than $1,000, but the bigger challenge for buyers of landed property is securing the best home loans. With the right loan, the buyer can save thousands, if not tens of thousands of dollars. Which is why they would have to work with established mortgage brokers who can provide them this free service.” – Paul Ho

How to Secure a Home Loan Quickly

If you are eyeing freehold landed site like the one at 537 Upper Changi Road, but are ensure of funds availability for purchase, our mortgage consultants at iCompareLoan can set you up on a path that can get you a home loan in a quick and seamless manner.

Our consultants have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Freehold detached bungalow along Garlick Avenue for sale at S$16.5 million appeared first on iCompareLoan Resources.

The Balinese-styled GCB has a basement, swimming pool, beautiful landscaped garden and koi pond

A landed, two-storey Good Class Bungalow (GCB) at 18A Yarwood Avenue is set to go up for auction this week. Located in Kilburn Estate, the 999-year leasehold Balinese-styled GCB is an owner’s sale with a guide price of S$23 million.

Image credit: Knight Frank Singapore

The resort-like, Balinese-styled GCB has a land area of 18,911 sq ft and floor area of approximately 8,956 sq ft, including a car porch and cosy, sheltered terraces totalling a size of 678 sq ft. ‘

The tastefully designed Balinese-styled GCB also has a basement, swimming pool, beautiful landscaped garden and koi pond.

Sharon Lee, Head of Auction and Sales at Knight Frank Singapore, said, “The property at 18A Yarwood Avenue has an accessible price point for a GCB of its calibre and is within reach for those looking to live a home that is limited in supply. It is also located within walking distance to King Albert Park MRT station, with amenities such as a movie theatre, dining options and a supermarket conveniently situated at KAP Shopping Mall and Bukit Timah Plaza.”

Successful sales of properties along the same stretch include the home at 19 Yarwood Avenue, which sold for S$22.15 million February this year and 21B Yarwood Avenue, which transacted for S$19.4 million in March 2018. The properties sat on land areas of 19,030 sq ft and 16,156 sq ft respectively.

The auction for the Balinese-styled GCB at 18A Yarwood Avenue will be held at 2.30pm on 18 September 2019, at the Connection Room on Level 3 of Amara Singapore.

GCBs have been in the spotlight since news broke recently that Sir Dyson had forked out $41 million for a hilltop GCB located along Cluny Road with views of the Botanic Gardens, Singapore’s first and only UNESCO Heritage Site.

List Sotheby’s International Realty (List SIR) which reported on the purchase of Sir Dyson, noted that what makes this GCB deal an even greater surprise is that landed properties in Singapore, including the 2,800 plots located in the 39 GCB areas gazetted by the Urban Redevelopment Authority (URA), are classified as restricted properties and are limited for purchase and ownership by Singapore Citizens only. Besides their rarity, GCBs also come with strict planning conditions stipulated by the URA to preserve their exclusivity and low-rise character.

Even ultra high net worth investors, such as the Dysons, need to get special approval from the government to purchase and own GCBs because they are permanent residents. Criteria include making exceptional economic contributions in Singapore and the buyer can only use the GCB for owner occupation.

According to the Singapore Residential Property Act, foreigners are not allowed to own landed properties, which include bungalows. However, foreigners are allowed to own the bungalows at Sentosa Cove, a planned resort island to attract high-net-worth (HNW) foreign investors. Foreigners are allowed to own apartments in Singapore.

More recently, a GCB plot in the prestigious Nassim Road area was bought by SG Casa Pte Ltd for a record $230 million. The price for the sprawling land of 84,543 sq ft land works out to be S$2,721 psf. The plot of lands comes with a two-storey bungalow, a tennis court and swimming pool. The site has a road frontage that is nearly 100m, and can be redeveloped into four or five bungalows.

List SIR in referring to media report suggested that the party behind SG Casa could be Eduardo Saverin. Mr Saverin became a Singapore citizen in 2012.

Sir Dyson, who is chief executive of Dyson Ltd, had earlier bought the most expensive 99-year-leasehold penthouse situated on a 62nd to 64th floor in Wallich Residence. The three-storey penthouse comes complete with a private infinity pool, jacuzzi, barbecue pit, and private lift lobby.

Besides Dyson and Saverin, another famous name that has been making rounds in Singapore’s media landscape was Jack Ma, who is said to have purchased a 30,000 sq ft site at Victoria Park Close. The Alibaba co-founder is supposedly building a two-storey bungalow with a basement and swimming pool.

The report by List SIR said, ” in light of the geopolitical tensions in Hong Kong and United Kingdom, there could be increased interest from more foreign ultra high net worth investors, the likes of Sir Dyson. Singapore’s solid economic fundamentals, sound financial framework, ease of doing business, quality education and racial harmony continue to make it one of the choice locations for potential foreign investors.”

Mr Paul Ho, chief mortgage consultant at iCompareLoan, said, “with political stability, it is understandable why Singapore looks attractive to ultra high net worth investors. Due to its limited supply and the prestige associated with these large bungalow plots, GCBs – such as the Bukit Pang GCB – are often sought after by well-heeled individuals.”

He added, “Singapore’s business-friendly environment also attracts many ultra high net worth investors to park their assets here. Prices of GCBs have been on a steady increase since 2016 and so it is viewed as a good investment.”

How to Secure a Home Loan Quickly

Are you planning to invest in landed properties but are ensure of funds availability for purchase? Don’t worry because iCompareLoan mortgage broker can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Balinese-styled GCB in Kilburn Estate up for sale at S$23 million appeared first on iCompareLoan Resources.

If you are selling you home, a nice kitchen and dainty bathrooms may increase your home value

By: Hitesh Khan/

Once a potential homebuyer gets inside you home, one of the rooms he or she will examine most carefully is the kitchen. Because of this, people often consider it a good move to remodel and renovate their kitchens to increase their home value — but they meet with different levels of success.

Two reasons for only ho-hum success for this is that a homeowner may personalise a remodel too much, or go too high-end with it. Installing a huge stove-top grill might be just what a fellow avid carnivore is looking for, but what about a vegetarian or someone who doesn’t like to cook? That person will not be interested in compensating you for the value of that addition.

Some renovations in the kitchen that typically meet with more success include the sink, counter-tops and cabinets. A sparkling new sink and modern cabinet design can really make people take notice. But if areas like your counter-tops or sink are outdated or stained, it can definitely detract from the value of your kitchen.

Think of it this way: People really don’t want constant reminders of past occupants in a home they buy, so if you’ve made any significant marks, you will want to start erasing them pronto to increase your home value.

Property Valuation Singapore – Three methods that you need to know

Image credit: Grant McLean/Flickr

While a kitchen remodel can be challenging, and it’s a project you may not be able accomplish on your own. This is because you may not be exactly handy around a hammer or drill, you better call in a professional to get the job done. Getting quality improvements in the kitchen can really add some value to your home; paying for poorly done repairs and renovations will only burn a hole in your wallet.

After the buyers finish their examination of the kitchen, where are they likely headed to next? One of the other crucial rooms that can make or break a home value is the bathroom, so let’s hope they like what they see.

Bathroom renovations and additions can help increase your home value, but going overboard with items like gaudy faucets, and ill-chosen paint can be an easy trap to fall into. Sticking to mainstream and tasteful features will serve you better. If you do plan on moving, but not for several years, understand when that time rolls around, you might want to check out the current bathroom styles to see if yours is still in style or if it needs an updated look to increase your home value. If a gaudy paint was the route you took, you should probably expect it to take away some of the value from your home, unless you already intend on repainting it in preparation for the market.

New flooring can also be a good move, especially if there’s been any damage, but cement screed should generally be avoided, as should vinyl flooring. (This is true for the kitchen as well.) And while linoleum seem to be making a comeback, it’s best to avoid it; many people still cringe when they think of it and the glue that holds it down. Some good options would be marble floors or various type of tiles.

Last but not least, don’t forget to give some thought to the toilet. People can be pretty picky about toilets. As in the kitchen, they aren’t looking for reminders of past owners.

So if you are expecting a potential homebuyer to get inside your home and you’re ready to move, following these suggestions could get you more money for your house. And if you are planning on staying put, you’ll get to enjoy a classic, valuable home.

Do you know enough about how property valuation is done in Singapore?

Knowing how to calculate the property valuation is of paramount importance to a home owner. It can help you determine whether you are overpaying for a home, or whether you have gotten yourself a real bargain. Paying the right price is just one way you can avoid overspending on your property.

Another smart way to avoid overspending on your property is to get the right loan. Getting the right loan can be a much simpler task, but only if you get the right person to it for you. Get in touch with iCompareLoan’s loan consultant to help you get the best loan deal at the right price.

The iCompareLoan mortgage brokers can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Home value may be increased with kitchen and bathroom renovations appeared first on iCompareLoan Resources.

The many stories of scams we hear, both in the news and from our friends, about dishonest renovation schemes and less than unscrupulous renovation contractors makes us wary of even those who do an honest business.

By: Hitesh Khan/

Home renovation is one of the larger expense items incurred by consumers with the payment of large deposits required even before a project is completed. Yet, unscrupulous contractors who hatch dishonest renovation schemes often get away in Singapore because there is no official regulation for renovation contractors or interior designers here.

What we have in place of proper safeguards from dishonest renovation schemes for home owners is a joint-accreditation scheme for renovation contractors by Consumers Association of Singapore (CASE) and Singapore Renovation Contractors and Material Suppliers Association (RCMA). The joint scheme tries to ensure that consumers are protected against the closure, winding up and/or liquidation of the renovation business through a deposit performance bond that safeguards their deposit payments”.

The threshold to entry to become a renovation contractor is also very low. This means that anyone can register a company (or business), claim to be an interior designer, take up renovation projects, all with the only aim of perpetuating dishonest renovation schemes.

Against this backdrop, home owners are spending more and more on renovating their homes in recent years. Statistics show that over a 10-year period, the total renovation contract value has doubled – from $7,200 in 2008 to over $14,000 in 2017.  Many are also paying a larger deposit or full upfront payment, which leaves them vulnerable to dishonest renovation schemes and disputes with contractors.

image credit: CASE

CASE said that the renovation contractor industry has been in the consumer watchdog’s top 10 list of industries with the highest number of complaints for the past decade.

But all’s not bleak for the homeowners who need renovation works. They can better protect themselves from shady renovation contractors if they follow these tips.

The joint CASE-RCMA accredited scheme is the minimal protection for homeowners who need renovation. The joint scheme requires an accredited renovation contractor to protect a customer’s deposit payment through purchase of a deposit performance bond. This bond will safeguard deposits against closure, winding up and/or liquidation.

The joint scheme will also use a CaseTrust Standard Renovation Contract which will ensure cost transparency and accountability for listed deliverables in a renovation project. This, in most cases, will meet the demands of a modern discerning consumer.

Renovation contractors who qualify to obtain this accreditation will be able to display a CaseTrust-RCMA logo on their shop fronts and marketing materials as an outward sign of their commitment to fair trading.

2. ALWAYS GET A FEW QUOTATIONS TO COMPARE

Even if it is a referral from a family or friend, always double check and request to see other renovation works or ongoing projects of the contractor. And never ever go with the first or only quotation you get for your renovation works. Always get at least 3 quotations from different renovation contractors to check if you are getting the best deal.

The saying, “if it is too good to be true, it probably is” is befitting especially for dishonest renovation schemes by unscrupulous contractors.

Some contractors may not always include items like cost of electrical works, bathroom accessories, curtains, air-conditioners, window-grilles, lighting fixtures, haulage, painting, cement screeding and disposal in the renovation quotation. Some contractors assume that these costs should be covered separately. Others may deliberately leave these items out to make the quotation look cheaper.

Always ask the renovation contractor to make the quotation as comprehensive as possible so that you are comparing ‘apples-to-apples’ with the different quotations you have, and so that you can award the renovation works to the right contractor.

Property Valuation Singapore – Three methods that you need to know

3. NEVER PAY THE FULL AMOUNT UPFRONT

Case executive director Loy York Jiun, for example, advocates that consumers should “always negotiate for progressive payment as the work commences, instead of paying in full up front”. A reputable renovation contractor will always provide options for progressive payments for homeowners. If anyone asks you for upfront full payment, even before the commencement of any works and regardless of the size of the works, it should make you very suspicious. It is better that you err on the side of caution with such contractors, no matter how attractive their proposal looks to you.

The following is a good guide for progressive payment to your renovation contractor:

10% – Deposit on signing of renovation contract;
40% – 1st balance payment upon commencement of renovation works;
40% – 2nd balance payment upon completion of 70% of renovation works; and
10% – Last payment should be issued 2 weeks after satisfactory completion of ALL works.

New HDB flat buyers can save money if they do defect inspection right

4. NEVER ASK YOUR BANK TO CUT JUST ONE CHEQUE

Most banks and financial institutions in Singapore do offer renovation loan packages and almost all of them will make cheques payable to the renovation firm or contractors as this is a renovation loan. But homeowners should note that terms of conditions differ from bank to bank. It may be time consuming and difficult to compare all the renovation loan packages which are out there. The worst mistake an uninformed homeowner could do is to go with the first loan that is offered.

The best advice for homeowners who need to take loans for their renovation works would be to engage a loans specialist. The loan specialist would be able to match the best renovation loan package that meets the homeowners’ unique financial situation.

Even after you have found a bank which satisfactorily meets your needs for renovation, you should never instruct your bank to cut just one cheque for the renovation works. You should ask them to issue several cheques for progressive disbursement, according to your renovation timetable.

Do you know enough about how property valuation is done in Singapore?

Knowing how to calculate the property valuation is of paramount importance to a home owner. It can help you determine whether you are overpaying for a home, or whether you have gotten yourself a real bargain. Paying the right price is just one way you can avoid overspending on your property.

Another smart way to avoid overspending on your property is to get the right loan. Getting the right loan can be a much simpler task, but only if you get the right person to it for you. Get in touch with iCompareLoan’s loan consultant to help you get the best loan deal at the right price.

The iCompareLoan mortgage brokers can set you up on a path that can get you a home loan in a quick and seamless manner. We are the experts who do the work for you for free, while you lean back, rest and rely on our professionalism at absolutely no cost to you.

Our brokers have close links with the best lenders in town and can help you compare Singapore home loans and settle for a package that best suits your home purchase needs. Find out money saving tips here.

Whether you are looking for a new home loan or to refinance, the Mortgage broker can help you get everything right from calculating mortgage repayment, comparing interest rates all through to securing the best home loans in Singapore. And the good thing is that all our services are free of charge. So it’s all worth it to secure a loan through us.

For advice on a new home loan.

For refinancing advice.

The post Dishonest renovation schemes – 4 quick tips to help you avoid being prey appeared first on iCompareLoan Resources.