When buying a property, many people in Singapore use all their CPF (Central Provident Fund) savings to pay for it. While this might seem smart, it can lead to unexpected financial drawbacks due to something called accrued interest. Let’s dive into why using all your CPF for your home isn’t the best move and explore ways to avoid losing out. What Is Accrued Interest? The CPF...
Retirement is a dream we all have, picturing days of relaxation and fun after years of hard work. But without proper planning, retirement can become a financial challenge. In Singapore, where the cost of living is high, it’s essential to save wisely for your golden years. Let’s break down the costs and see how much you need to retire comfortably. Understanding Retirement Costs A...
If you’ve been following the news, you’ve probably seen the excitement surrounding Taylor Swift’s concert in Singapore. Swifties are buzzing with anticipation, camping outside the National Stadium just to catch a glimpse or hear a note of her songs. What makes this event even more special is that Singapore holds the exclusive rights for her concerts in Southeast Asia. This move by...
Choosing the best BTO (Build-To-Order) flat can feel overwhelming, but with a few smart tips, you can find a unit that suits your needs perfectly. Here's how I picked the ideal flat for my parents at Tampines Greencourt five years ago, ensuring their comfort and happiness. Maximizing Wind Flow One key factor to consider is the orientation of your unit. In Singapore, the wind...
From Small Beginnings to Big Dreams Hello! I'm Yian. I want to share my journey from growing up in a tiny HDB flat to owning my dream landed home right here in Singapore. Imagine seven of us, including my dad who sometimes slept in the corridor because our home was so cramped. Those humble beginnings taught me a lot about dreams and determination. Learning the Ropes with My First Home My...
When it comes to real estate, deciding where to invest isn’t just about spotting a good deal—it’s about what fits your life. Even though the Core Central Region (CCR) of Singapore looks like it’s offering some great bargains these days, I’ve decided it’s not the right choice for me right now. Let me walk you through why, even though it might sound like I'm passing up a golden...
Thinking about buying a property without an agent? Try not to as there are things you might miss out because of your lack of experience. However, if you must proceed, getting your finances in order is the first critical step. Let’s walk through what you need to know to make your purchase as smooth as possible. 1. Start with a Credit Check Before you even start looking at...
When it comes to buying a home in Singapore, the debate often boils down to one question: freehold or leasehold? While many people lean towards freehold for its lasting value, my journey shows that a leasehold property can be just as rewarding, especially when you have specific family needs in mind. Family Needs: More Space, More Comfort Like many of us, my family and I started in a four-room...
If you’ve been thinking about buying a home in Singapore, here’s a heads-up: prices for Executive Condominiums (ECs) are on the rise, and you might want to get in before they go even higher. Let’s dive into why now is the right time to make your move! What’s Happening with EC Prices? Recently, there was a heated bidding war for a plot of land in Tampines. Sim Lian Group...
Starting a garden right outside your home in Singapore is a great way to beautify your neighbourhood and enjoy some gardening. But before you grab your shovel, there are a few important steps you need to follow to make sure everything is set up legally and keeps looking great. 1. Get the Green Light from NEA First things first, you need to get permission from the National...