Conversations with: Bernard Tong, Managing Director of The Edge Property Singapore

Real-Estate

When you first meet Bernard Tong, it may be hard to believe that prior to joining the company, the Managing Director of The Edge Property Singapore had zero experience in the real estate industry.

The Edge Singapore, which runs its publications both online and offline, takes pride in ... Read more

Submitted by Redbrick on 2017-03-01 22:53.

Conversations with: Jacelyn Phang, Business Development Manager, Yuan Zhong Siu

Real-Estate

You may have heard of Grand Master Hillary Phang, or perhaps walked past the Yuan Zhong Siu outlets in various parts of Singapore including Chinatown, Jurong and Serangoon. Yuan Zhong Siu is owned and managed by the New Trend Lifestyle Group, which was founded by Master Phang in 1989.

In ... Read more

Submitted by Redbrick on 2017-03-01 22:51.

Conversations with: Deborah Wee, Co-Founder of e-commerce furniture store HipVan

Real-Estate

“If you pay peanuts, you’ll get monkeys.” We’ve all heard this phrase before, and some of us might even be inclined to believe it, given the many anecdotes that get tossed about. But what if we told you that that needn’t be the case? As brands like Uniqlo and Innisfree have proven, a lower price ... Read more

Submitted by Redbrick on 2017-03-01 22:50.

Starting the New Year right: The Redbrick Start-Of-Year Party

Real-Estate

“A start of year party, because a year end party is just too passé.”

That was the motto behind the Redbrick Start-Of-Year (SOY) Party. We invited our media, finance and real estate partners to our first ever SOY party on 6^th January 2017 – held at JTResi’s stunning ... Read more

Submitted by Redbrick on 2017-03-01 22:47.

Conversations with: James Soh, Founder of online renovation portal Renopedia

Real-Estate

A quick check on the Consumers Association of Singapore (CASE) webpage and you can easily find blacklisted companies from various industries on the “company alert list”. The home improvement industry, where interior designers fall under, is no exception, and it’s safe to say that all of us have ... Read more

Submitted by Redbrick on 2017-03-01 22:38.

The Ultimate Guide to Refinancing your home loan in Singapore

Real-Estate

To the uninitiated, you may ask, what is refinancing of home loan and why do it ? Simple. The beautiful loan rate you got hitched to 3 years ago no longer looks the same. With that, it’s time to look around again.

But that surfaces a whole lot of questions. Should I refinance ? whats the ... Read more

Submitted by Redbrick on 2017-03-01 22:35.

Buyer’s stamp duty in Singapore: All You Need To Know about it

Real-Estate

What are stamp duties?

A stamp duty is a tax on documents related to the purchases and leases of properties (eg. Sales & Purchase Agreements, Tenancy Agreements etc). Stamp duties are paid to Inland Revenue Authority of Singapore aka IRAS – the same people you pay ... Read more

Submitted by Redbrick on 2017-03-01 22:33.

Living in a Condo vs landed property in Singapore

Real-Estate

Singapore is a wonderful place to live and work in. People from all over the world flock here to enjoy this busy and beautiful land of opportunities. And of course, everyone has to live somewhere.

There are magnificent luxury condos available, but you can also enjoy your own, exclusive ... Read more

Submitted by Redbrick on 2017-03-01 22:30.

The 7 Myths of Home Financing that prevents Singapore home owners from being richer

Real-Estate

Season’s Greetings! As we come to yet the end of another busy and hopefully fruitful year for everybody, I hope this write-up can come in timely and helpful. For some or most of us, we may often use the year end to organize several important aspects of our lives together, so that we can take ... Read more

Submitted by Redbrick on 2017-03-01 22:23.

US Fed secures interest rate hike

Real-Estate

After months of speculation, the US Federal Reserve has finally raised its benchmark interest rate by 0.25%, a collective vote which saw the key rate increase from 0.5% to 0.75%.

While this hike was considered a conservative one, rates might continue to rise at a faster pace in the ... Read more

Submitted by Redbrick on 2017-03-01 22:21.

HDB property taxes lowered for 2017

Real-Estate

HDB flat owners, rejoice! According to the Inland Revenue Authority of Singapore (IRAS), your property tax next year will be lowered. Owners of all private property will either see a decrease as well, or no changes made to their taxes.

Property owners will receive their tax bills by the ... Read more

Submitted by Redbrick on 2017-03-01 22:19.

Ultimate guide to getting your HDB home loan in Singapore

Real-Estate

Real estate purchase is easily one of the biggest financial commitments we will undertake in our lifetime. We spend the next 20-30 years contributing a portion of our salary to the repayment of the amount.

The good news is that you have the choice of getting a HDB or bank home loan in ... Read more

Submitted by Redbrick on 2017-03-01 22:17.

SIBOR and SOR see increase after months of stagnancy

Real-Estate

With Trump as President-Elect, there is a likelihood that his administration could encourage spending to fuel inflation, and an 80% chance that interest rates will hike in December.

Closer to home, Singapore’s domestic interest rates saw an increase on Tuesday (15 Nov), on both the three ... Read more

Submitted by Redbrick on 2017-03-01 22:15.

Singapore company in billion-dollar deal with consortium that includes Warburg Pincus

Real-Estate

First it was Neptune Orient Lines, then SMRT. Now a third Singapore listed company, ARA, is soon to be bought out by an association of investors in another billion-dollar deal. These investors include Warburg Pincus LLC, a U.S. private equity firm, as well as the founder of ARA Asset Management ... Read more

Submitted by Redbrick on 2017-03-01 22:02.

Property Quotient: A Real Look At Real Estate, the second instalment

Real-Estate

In June, The Redbrick Team hosted her very first real estate summit, the first of many to come. Without a doubt, its success was highly attributed to the strong support of fellow partners and clients, and this ... Read more

Submitted by Redbrick on 2017-03-01 21:44.

11 tools every homeowner should have

Real-Estate

One of the responsibilities that come with home ownership is the ability to improve and maintain your house. You might even be passionate about do-it-yourself projects after spending a day at IKEA. Depending on how proficient you are at putting together pieces of wood, it may take as fast as a ... Read more

Submitted by Redbrick on 2017-03-01 21:41.

Foreigners picking up more properties in Singapore

Real-Estate

The co-owner of Hong Kong luxury jewellery business Temptations Jewellery recently purchased a duplex penthouse at Nassim Park Residences for S$21.2 million. Naina Buxani purchased a 6,878 sq ft penthouse, just two units away from another penthouse that was purchased last year by her husband, ... Read more

Submitted by Redbrick on 2017-03-01 21:38.

Luxury developments popular among Indonesian investors

Real-Estate

The government’s firm decision on the Singapore property market cooling measures is no deterrent for a group of property investors – Indonesians. Between January and August this year, Indonesians snapped up 30 Singapore properties worth at least S$5 million, a clear indication of their ... Read more

Submitted by Redbrick on 2017-03-01 21:38.

Raintree Gardens en bloc for $334.2m

Real-Estate

Some 175 homeowners (and their families) will each stand to be $1.9 million richer today, in exchange for their homes.

Built in the late 1980s, Raintree Gardens, a residential development at Potong Pasir has been sold to joint venture company UVD (Projects) that is made up of UOL Group ... Read more

Submitted by Redbrick on 2017-03-01 21:36.

Collective sales in Singapore see surge in 2016

Real-Estate

Collective sales in 2016 report almost double of sales in 2015 despite the decrease in land supply at the biannual sales programme. So far, there have been 2 en bloc deals transacted at a total value of S$671.25 million from residential estates Shunfu Ville and Harbour View Gardens. Compared to ... Read more

Submitted by Redbrick on 2017-03-01 21:35.