Real Estate Singapore

Do you want to purchase any real estate Singapore property? Then here are some few simple tips that will help you acquire property without going through a struggle.

The first thing you should do is visit an online real estate Singapore portal. Here, you will be able to find houses sorted in groups and categories; price, location and type. You will find fully colored pictures of the properties on sale, and you will even find video clips attached to some properties.

You will also real estate Singapore agents in these real estate portals. This marks the beginning of the second step, which is finding a good real estate agent or realtor. Look for an agent who is qualified with a CEHA certification. Also, ensure that you stick to one agent from the beginning of the transaction to the end.

This will save you a lot of time and effort as well as awkwardness because the agents in real estate Singapore market usually work together as one body. In order to save money, let the agent you engage be in a good position to give you both financial and legal advice. However, do not give too little in terms of detailed description and cooperation and expect too much from the real estate agent.

Once the agent has found several properties that are closest to your description, let him take you around for actual viewing of the property. This is a crucial stage of the transaction, because the power of observation will be needed, so that you will not end up buying property that has the wrong finishing, furnishing and design.

Also, do not underestimate the power of bargaining. Also, be careful when settling on a type of property. If the property is located in a place where you expect young tenants from colleges, do not go for an apartment with more that one bedroom houses. If the property is located in a place where you expect families to occupy the houses due to the presence of schools around, then go for more than two bedroom apartments. Also, buy property that is near the railway, which is Singapore’s main means of transport.

This is especially so when the property you are purchasing is in an urban town centre, because it will mean that most of your tenants will be commuting to work. The price tags on real estate Singapore property are usually on the higher side and you might be surprised the amount you will pay if you bargain well.

Once you are satisfied about the piece of real estate Singapore property and your interest in purchase has been accepted, apply for mortgage, which is if you cannot raise the whole amount in full. The agent should guide you through the whole process. Normally, you should be able to raise about twenty percent of the total purchase price.

Also, apply for the taxation of the property, because it is a requirement by the real estate Singapore law. After the transaction is done, do the necessary renovations and advertise the property for rent.

Mindy Yong 杨雯诗

CEA Registration Number : R021232Z

Tel: (+65) 91002985
Fax: (+65) 64021826

mindy@mindyyong.com

KF Property Network Pte Ltd
CEA Licence Number : L3008430D