Real estate



It is the goal of everyone to own a place to call it as your home. If you are young, then you probably are debating if you should rent an apartment or buy a home/ condo. But, this is really an interesting question, specifically if you want to live in a big city for the next few years.

For many people, renting sounds better these days than paying a huge amount of money to buy a home. While for some people buying a home is more about an investment. Having an own home reflects the financial stability of a person, thus increases his/ her social security and status. When the time comes to decide on whether to rent an apartment or buy a home/ condo, one has to consider a combination of practical and financial factors.

Pros and cons of buying a home/ condo

Buying a condo is a great idea, irrespective of all the benefits and disadvantages of making the plunge.


The following are the pros and cons of buying a home:


Unlike rent, mortgage payment remains constant. They do not increase after you take a loan. You can enjoy the general maintenance benefits of having a condo. Every payment made on your condo is actually an investment so that you can cash in on when the time comes to sell the asset. Condo owners are eligible for various tax deductions, including property tax, mortgage interest, PMI deductions, etc.


Condo owners have to pay homeowners association dues monthly. If you want to move to another city at short notice, it becomes challenging to sell your house as quickly in the market as a single-family home. There is a potential for delinquency for condo owners. If you drop out of paying your association due for some reasons, the dues go up for everyone to cover this fund shortage.

Pros and cons of renting an apartment

Living in an apartment provides a lot of options.



While renting an apartment, you have the flexibility of choosing a short or long term lease. You do not have to worry about maintenance as this would be the owner’s responsibility. There are lower upfront costs, renting is affordable than buying a condo.


House rent increases over time, and you cannot enjoy the tax deductions, unlike the condo owners. Renting is not a long term investment. When you rent an apartment, you are giving away your money to the owner with no chance of getting some of it back through appreciation when they sell the unit.

The answer to the buying a home vs. renting an apartment is complicated. Before coming up with a final decision, consider the options and do some calculation to decide which route is best for you. Whether you opt to buy a home or a condo, or you want to rent an apartment.…

Property Tips of Buying the Ideal House in Singapore

Property Tips of Buying the Ideal House in Singapore

Purchasing a home in a Singapore is not only an expensive investment but is also a time-consuming process. Before you decide to buy a house in Singapore, it is crucial to know what to look for and understand the purchasing process as well.

Since many potential home buyers are not aware of this process, we have decided to guide you through the process. The real estate in Singapore is growing rapidly, and you could join millions of people in the country by purchasing a house in the areas.

House Financing

home garden with resting chairsMost people want to buy houses in Singapore but do not know where to start when it comes to financing. Well, you should know that apartments in Singapore are not cheap; they will take a considerable amount of your fortune. We shall explore some of the preparations to make when it comes to the financing of the house.

Set a Target

Whenever you want to accomplish a big project that will take a considerable chunk of your finances, it is always important to you plan accordingly. Begin by setting a target which is enough inspiration to keep you going.

Examine several factors like the size and type of house that you want and the features that you want. Also look at the other factors like the neighborhood and the amount of money that you will need to purchase the house. You should be able to answer these questions as they will help you create a vivid picture of the type of house you want to buy.


Secondly, after setting a target to begin the budgeting process. When it comes to the house buying, you must be intentional by prioritizing and budgeting for the project immediately. Since you may not get all the money that is required for the same soon, start budgeting immediately.

Since you know the type of house that you need and the cost, you will quickly begin budgeting for the home that you need. You might have to make some cut out excess spending and make financial sacrifices.

Housing Schemes

housing plans We have several housing schemes in Singapore that help individuals to own homes. Some of these housing schemes are run by private organizations whereas the government runs others.

The objective of these house schemes is to let as many Singaporeans as possible to own homes. You may consider this option, but you have to look at the housing scheme that suits you best.


Last but not least, you can decide to take loans. In fact, 80% of the homeowners in Singapore have acquired their homes by taking loans. When you are taking a mortgage to buy a house, you must make sure that you can repay it.

If you are a civil servant and your job is secure, you can take a loan purchase a house and begin servicing the loan.…

What to Look for When Buying New Condo

What to Look for When Buying New Condo

With housing real estate costs genuinely sky rocketing across the globe, a condo is a moderate route into buying a home. As you may definitely know, a condominium is a vast property complex that is partitioned and sold in small units. A new condo constructing positively has its draws, from sensible formats to sparkling features, unblemished anterooms and quick, solid lifts. Condos are shared properties and are prevalent in spots with high property prices – urban settings are spots where you can hope to see them. This is why you ought to be extremely careful when acquiring one. Have a look at new launch if you are looking for a new condo to buy. In this article we discuss on tips for buying new condos.

Tips for buying new condos

Check the Building Plan

Building PlanBefore the condo developer can begin offering new condos, their “plan,” which portrays the building plan in detail, must be affirmed by the important oversight authority. Subtle elements incorporate everything from what the designer will use for the exterior to what number of trees they’ll plant on the grounds. The thought is to shield purchasers from any unscrupulous alterations in the plan and if by any chance that the developer doesn’t convey as guaranteed, buyers can raise their protest.

Affirm on the Date of Completion

In the event that the building isn’t finished by a specific date , you can generally recover your initial installment. That date is known as the “outside date.” It’ll be laid out in the condo agreement, however it may be worth asking about the completion date ahead of time.

Check the Developers Background

Before you buy a condo it is important that you check on the track record of your developer. Do they have unscrupulous deals? What different structures have they finished? Have purchasers for the most part been glad? Use search engines such as Google and other online review sites.

Affirm whether there are other hidden costs

At times engineers will pass on sudden additional costs to condo buyers, including part of the cost of the super’s condo that tends to get buyers by surprise. It is important that you inquire whether the building’s insurance for the first year is paid for. Confirm whether the lawyers’ charges are incorporated in the cost. You need to ensure you’re not amazed by any of these. They’ll all be recorded in the sale agreement.

Keep an eye on the Model Apartment and see what the Apartment will look like

For structures that are still under development, engineers regularly make off-site deals workplaces that component test bathrooms, kitchens and different components to give you a feeling of completions, machines and lavatory installations. At the point when the building is nearer to being done, they’ll frequently spruce up one of the units as a model flat to demonstrate to you an adaptation of the completed item.

Check Whether the Design addresses your Needs

When you’re taking a gander at the model loft, don’t be reluctant to get down to the details. Open the drawers, check the bedrooms; are they in good condition? In the event that you once in a while cook, a little kitchen with constrained cabinets might be only the sort of smooth, space-sparing design a great many.


condoIn case you’re contemplating …

Factors To Consider When Buying a Home

Factors To Consider When Buying a Home

All of us imagine getting a home of the eventually, a location where we can raise us well. It is something which most lately married people be worried about. When buying a brand new home that you should reside in. You might want to think about the following factors first to make certain that you simply wouldn’t waste your savings on the house you’d afterward regret buying:



homeIt is one of the first things you look at when purchasing a house. People have certain preferences when it comes to choosing a house. Some prefer to have modern looking houses, but others like old-fashioned houses better. You have to see the house for yourself, and you have to be in it to determine if it gives you good vibes or not.


When choosing a house, you have to consider your budget. You can’t just pick a house that you want because it’s beautiful. You have to stay within your budget. For you to be able to purchase a house, you have to have a stable job and savings. If you think that you can’t pay dues regularly for the house that you want, maybe it’s not the right time to purchase the house. It’s either you want a longer time to save the right amount of money, or you pick a house that costs less.


Another thing to consider when buying a house is the size. If you are planning to raise a lot of children and you want to make use of large furniture, then you should pick a spacious house for your family. If you just plan to raise one child, then you should get a house that’s just right for everyone.


When purchasing a house, it is a must that you inspect the neighborhood. You wouldn’t want to put your family in danger, would you? You should visit the place at different times of the day so that you would know what goes on in that area before you purchase it. Make sure that you’re buying a home in a safe area. If you can research about the location, do that so you can have assurance. You may also want to talk to the people who live near the house you are about to buy.


Tax is one of the important things you have to think about when purchasing a house. You should check the recent taxes paid by the owner of the house and lot being sold. Check the amount if you can afford to pay the taxes and you might want to check the rate at which the tax bill raises and how often it raises.


constructionBefore you buy a house, you have to make sure that you would find everything that you would need in your neighborhood. You should think ahead about situations like when you need to do groceries. Do you have easy access to the markets and malls? There should be a hospital nearby in case something happens to someone in your family. If you want to have kids, you should also consider getting a house that’s close to a school, so you won’t be hassled on weekdays.…

Finding The Right Property Management Company

Finding The Right Property Management Company

There are quite a number of property management companies in the market today. Thus, some companies are good whereas others are not as good. In this regard, getting the best like can be quite tasking considering that you have to make a series of considerations to land one. The most important thing to do when conducting your search is looking at the qualifications, accreditation, and experience of potential candidates. Besides these three requirements, here are some other factors that might go a long way in influencing your decision.

Look at their reputationwindows

What is the company known for? The type of answer given to this question will go a long way in influencing your decisions. The best way of seeking answers is by looking at online reviews given by people that have worked with them before or asking someone you know. During your search, you first should be the website of your local apartment association. Other resources like Google, yahoo, yelp or local listing can offer some insights.

Interview them

From reviews and referrals, you should come up with a list of potential candidates. From there, you should make a point of conducting interviews with the representatives from these companies. Look at things like their service plans, the number of clients, insurance policies and how they intend to manage your property.

Look at their experience

This consideration can feature during the interview phase. A good company should offer you years of relevant experience. This calls for considerations based on how long they have been in this field and they types of property they have managed before. This way, you should go for a company that has is well versed with the local real estate market.

buy houseWhat do they offer

When looking for property management company, one of the main areas of interest should be the services they offer. This consideration is based on the fact that they are a company that provides additional services like repair and maintenance. With such a company, you do not have to outsource this function. The company chosen should offer a broad spectrum of services at an affordable price.

Cost versus benefits

During your search, you should be well aware that an expensive company does not necessarily offer better services. As such, a reasonable quote should range anywhere from 5 to 15% of the total revenue. The best way to make a determination based on the prices charged is by conducting a cost versus benefit analysis.

Besides this, you can consider other aspects like their relationship with tenants, use of management software, how proactive the company is among others. The idea of finding the best lies in understanding their package and ensuring it address your interests.…