For most people, buying real estate is something they may do only once or twice in a lifetime. But you need to be careful and study the rules and regulations, as well as the tricks of the trade, so that you don’t get taken advantage of. You can only ensure financial success by putting in the legwork in investigating these buying protocols. They really are only a few of the invaluable research tips that ensure a first time buyer does not become a victim.
Loan approval can be a hassle
Especially for new ec like http://www.hundredpalmsresidences.com so when you are going to require a mortgage loan, you should be very careful about doing anything in the three to six months before you apply that can affect your credit scores. You should avoid taking anything that can be considered a big risk when it comes to your credit profile. To give the best loan that they can, lenders are going to need to see a paper trail and that you can be a reliable person to loan to. Don’t put yourself in a position to have to face tough lean approvals by taking on too much debt, opening new credit lines or buying large cost items.
Being a pre-approved buyer is extremely different from being a pre-approved buyer. Lenders will pre-qualify anyone for a real estate loan. Pre-approval means that the loan company has already checked your financial background and has told you how much money they are going to let you borrow. You’ll save much time and hassle examining properties you can’t afford to purchase when you are pre-approved for a real estate loan.
Do not rack your brains trying to figure out whether the market is low or high or attempting to find out the optimum time to purchase. It’s impossible when it comes to attempting to anticipate the right market condition. The best time to buy a residential property is when you have found the perfect one and can afford it. Residential real estate is cyclical, with prices fluctuating up and down and up again.
Emotion based residential property purchases will end in disappointment. Falling in love with something can cause a bad financial decision. Make certain you know the difference between your instincts and your emotions. Go with your instincts so you could get the best property.
Kallang River has made its transformations for the next era.
The price you can afford, and the price you think the residential property is actually worth ought to be the two things considered when making an opening bid. Make a fair, reasonable first bid that can not insult the vendor. Do not be a fool and go lower the first time you make a quote just because it’s your first time. This can all depend on what is going on with the market at the time.
Just three new executive condominiums (ECs) are targeted to establish next year, down from five projects in 2016. Their names haven’t been disclosed yet, but the websites are at:
1) Choa Chu Kang Avenue 5
The 99-year leasehold site is located close to Sun Place shopping centre and Chua Chu Kang Primary School. It could build about 490 units. http://www.inz-residence.com.sg
2) Yio Chu Kang Road
The developer submitted the highest bid of $183.8 million, which works out to about $331 psf on the gross floor area. Offered on a 99-year lease, the site could yield around 520 units. Nearby amenities include the Hougang 1 shopping mall, Nanyang Polytechnic and Rosyth School.
3) Anchorvale Lane
The 2.1ha EC site located beside the Punggol Reservoir was given to Hoi Hup Realty and Sunway Developments in September 2016, after the developers together submitted the top bid of $241 million. The price translates to $355 psf per plot ratio. The Tongkang LRT station and several schools are located nearby. The 99-year leasehold site is likely to produce about 635 units.
Fulcrum is a Freehold Condominium located at 33, Fort Road, 439092 in District 15. It comprises of 128 Units. Fulcrum is close to Mountbatten MRT (CC7), Dakota MRT (CC8) and Stadium MRT (CC6).It is due to be completed in 2016. Schools close to Fulcrum include Dunman High School, School of The Arts, Singapore, Broadrick Secondary School and Chung Cheng High School.
Residents at Fulcrum can get to nearby supermarkets or shopping mall within the area for an array of amenities such as grocery and retail shopping, bank, eateries and more.
Facilities at Fulcrum include BBQ Pavilion, Spa Pool, Social Deck, Kids’ Pool, Leisure Pool, Pool Deck, Reflective Water Feature, Lap Pool, Function Pavilion, Playground and Courtyard Garden, Outdoor Dining, Swimming Pool, Function Room and Gym.
Fulcrum’s strategic location allows you commute to various part of Singapore easily. Located between Stadium and Mountbatten MRT station, the Circle Line brings you at much ease to town just 10 mins away. If you drive, Nicoll Highway and East Coast Parkway is around the corner.
Queens Peak is a new launch by MCC Land and this is one of 2 plots of land by the developer MCC Land that has yet to launch. The 2 plots of land are located one in Dundee Road and the other in Tampines Ave 10. Both plots of land in Dundee Road Queenstown right beside Queenstown MRT and the other one is located in Tampines Ave 10. These 2 plots land are bid under the government land sales programme and will be looking to launch soon in Singapore. Indicative prices for Queens Peak is at $6xxK. There are one to 5 bedrooms available at the development. Latest Updated info available here.
Amidst the serene nature of your home, the bustle of city life stays really close within reach. Queens Peak is also well located within an established residential estate and a short 10 minutes’ drive to Orchard Road, the Central Business District, Marina Bay and the Southern Waterfront area where VivoCity and Sentosa are located. The future residential development will also be well connected to major arterial roads and expressways such as Alexandra Road, Tanglin Road and Ayer Rajah Expressway. With Queens Peak, your connectivity to modern conveniences is just a train ride away, while amenities nearby fulfill your daily needs.