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On September 12, Hoi Hup Realty and Sunway Developments jointly announced via a press release that Novo Place Hoi Hup, a 99-year leasehold site, spans over 16,441.2 square meters and has a maximum allowable gross floor area of 46,036 square meters.

In terms of accessibility, Novo Place EC is well-connected to major expressways such as the Central Expressway (CTE) and Pan Island Expressway (PIE), providing residents with seamless connectivity to the rest of the island. The upcoming Yishun Integrated Transport Hub is also just a short distance away, providing residents with easy access to public transportation.

Novo Place EC offers families a plethora of educational options, catering to all levels from primary to tertiary. This comprehensive range of schools within close proximity guarantees convenient access to a holistic education for children. This aspect is particularly attractive to parents who prioritize academic excellence and desire to impart a solid educational …

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When evaluating a potential investment in a condominium, it is crucial to also consider the potential rental yield. Rental yield refers to the annual rental income as a percentage of the property’s purchase price. In Singapore, rental yields for condos can vary greatly depending on factors such as location, property condition, and market demand. Areas with a high demand for rental properties, such as those near business districts or educational institutions, tend to offer a better rental yield. In addition, it is important to also consider the potential for property appreciation over time. Conducting thorough market research and seeking guidance from real estate agents can provide valuable insights into the rental potential and overall investment potential of a specific condo. Property appreciation naturally occurs as a valuable factor to consider when making a decision about condo investment.

Apart from the form of the dining table, it is also important to …

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When investing in the real estate market of Singapore, it is crucial for foreign investors to be well-versed in the regulations and limitations that apply to property ownership. In general, purchasing condominiums in Singapore is less restricted for foreigners compared to owning landed properties, which have stricter ownership guidelines. However, foreign buyers are still subject to the Additional Buyer’s Stamp Duty (ABSD), currently set at 20% for their first property purchase. Despite this additional cost, the stability and potential for growth in the Singapore real estate market continues to attract foreign investment.

When it comes to investing in Singapore’s property market, foreigners must be well-informed of the laws and limitations in place. While condos are a more lenient option for foreign ownership, purchasing landed properties is subject to more stringent rules. One important consideration for foreign buyers is the additional buyer’s stamp duty (ABSD), which currently stands at 20% for …

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Singapore’s cityscape is characterized by towering skyscrapers and state-of-the-art infrastructure. Prime locations in the city often house condominiums that offer a perfect combination of opulence and convenience, making them sought after by Singaporeans and expatriates alike. These condos are outfitted with a wide range of amenities, including swimming pools, gyms, and security services, which enhance the standard of living and make them desirable for potential tenants and buyers. This, in turn, translates into higher rental yields and a steady appreciation of property values, making them a lucrative investment for investors.

Another crucial aspect of maximizing rental yield is to consider the location and the surrounding amenities. Consulting architects can help property owners in this aspect by conducting thorough research on the area and identifying any potential opportunities for improvement. For example, they may suggest adding outdoor seating or creating a rooftop terrace to take advantage of the property’s views. These …

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When investing in a condo, one must consider the crucial aspect of financing. Fortunately, Singapore provides a variety of mortgage options to choose from. However, it is vital to be familiar with the Total Debt Servicing Ratio (TDSR) framework, which sets a limit on the amount of loan a borrower can take based on their income and current debt obligations. Being knowledgeable about the TDSR and seeking advice from financial advisors or mortgage brokers can aid investors in making wise decisions regarding their financing choices and avoiding the pitfall of over-leveraging.

Another way to save on space is by opting for a minimalist approach. While it may be tempting to fill every nook and cranny of your home, a cluttered space can make it feel smaller and more chaotic. Instead, focus on functionality and only keep items that serve a purpose.

Another option to consider is an adjustable-rate mortgage (ARM). …

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