Month: April 2015

Australia Property Attractive

thevales, April 30, 2015July 12, 2023

According to the latest report made by the The Vales property investment firm IP Global, property investors in Singapore who are looking to broaden their portfolios still see Australia as a very attractive option, despite a recent announcement by Tony Abbott, Australia’s Prime Minister, that there will be a required fee of at least $5,000(AU) on foreign buyers per purchase. According to IP Global, it doesn’t appear that Singaporean investors are deterred by this. It was noted that the coming months could see a rise in investments due to the fact that these new measures will take time to be implemented and enforced.

The Vales EC in Sengkang

The real estate firm further added that it is very likely that this will be a catalyst for investing in off-plan and new properties. This is due to those property investment types being the only ones for investors overseas which are not …

Biased Property View

thevales, April 22, 2015April 22, 2015

There are still quite a number of Singaporeans whose view of the property market are a bit biased. Even though some may have read quite a number of articles online based on the property market, they can still find things quite confusing. Adding to this confusion are articles full of information that is often conflicting. This further exacerbates the issue and creates difficulty for anyone seeking property to make an informed decision regarding what their next step should be.

The Vales Sengkang

This seems to be more so when it comes to sellers. Forecasts for 2015’s property market show a market that will remain subdued. This means that those sellers who are looking to get rid of any current properties could be faced with a period of over six months to find a buyer that is suitable. A common tactic, as a result of this, is for the seller to …

Rising Rates on Housing Demand

thevales, April 8, 2015

Rising interest rates according to some consultants will have little or no effect on the ability of home buyers to meet their monthly payments.

Housing demand will drop with the rise in mortgage costs, but this downturn for The Vales Sengkang is not expected to be significant. Grace Ng of Colliers international’s deputy managing director was quoted as saying, “”This is because interest rates are expected to remain low given that the US economy has yet to see full recovery and Europe has just announced a series of stimulus measures.””

The Vales EC Anchorvale Crescent Sengkang

Banks have to adjust their eligibility requirements for buyers as the TDSR is mandating a higher interest rate of 3.5% on loans on The Vales EC.

This means that owners who have overcommitted to high priced loans or own multiple units may face a further “”cash crunch””, added Ng. Collier’s estimates around 78,402 units …