Top Five Property Websites in Singapore
Parc Central Residences will share with you Top Five Property Websites in Singapore.
If you are looking for property in Singapore, one of the best places to look in is the internet. By checking online platforms, you can get a good understanding of what Singapore has to offer and the prices involved.
In addition to that, you can do your research regarding districts. Please understand that there is one fundamental rule when it comes to buying or selling real estate. You have to wrap your head around this concept.
Otherwise, you probably are going to pay too much money if you’re buying or you’re probably going to leave a lot of money on the table if you’re selling. What rule is this?
If you ask any real estate professional from all four corners of the globe, they will tell you that all the mysteries, experience, and science of real estate can be broken down into three essential tips.
What should you look for if you are interested in real estate property in whatever form and location? By checking the top high property websites I’m going to share with you below, you can get a clearer understanding of what the different districts are in Singapore.
Checking the property websites is crucial. The location of the property you’re thinking of buying, selling or renting plays a significant role in how much people are willing to pay in rent or willing to pay for the unit.
It also plays a significant role in sales trends. Some districts feature real estate that tends to appreciate very quickly.
For example, the central district of Singapore is a magnet for high powered expatriates from all over the world. Please understand that Singapore is a first-world nation and has one of the lowest tax rates on the planet.
Given its high standard of living and its low taxes, it is no surprise that a lot of the world’s movers and shakers (I’m talking about billionaires here) have a second or even third home in Singapore.
That’s how much demand there is for the central district. As you can well imagine, the prices here are very high, and guess what? They continue to climb higher with no end in sight.
On the other hand, some outlying or suburban areas are on the outskirts of Singapore. They are further away from the center of the action. In these places, you can find a more affordable unit.
Finally, there are places to rent that have been sold by people who participated in Singapore’s housing program. There are many different layers to the real estate market in Singapore. It is not monolithic, or one dimensional.
Even if you are a student who is working with a fixed budget or a minimal budget and you want to get a place in Singapore, don’t kiss that dream goodbye.
Don’t think that just because you don’t have much money, buying your place or renting a decent home in this lion city of Southeast Asia is out of the question. It all depends on the inventory, and how willing you are to commute to the city center.
If you are willing to walk a long distance, you pretty much have your pick of the place. Seriously, you can reasonably get units on the outskirts that are much cheaper than centrally located condominiums and flats.
Also, if you are not very picky, as far as the age of the building, you can save quite a bit of money on rent, as well as the purchase price. With that out of the way, please understand that finding a place is just part of the equation.
It’s a crucial part, but it’s just one piece of the puzzle. You also have to pay close attention to the legalities. You have to understand that you’re coming from another part of the world.
You have to get in touch with a real estate lawyer who can make sure that your rights are protected. It doesn’t matter whether you’re renting, buying, or selling. Make sure that you know what your rights are, and you know what to expect.
Otherwise, you might end up having to pay a lot more taxes than you originally anticipated. It could have well turned out that if you had structured the deal differently, you could have had a lower tax bracket.
There’s also a lot of fees involved. You have to keep that in mind. In many cases, because of the total cost of ownership issues involved, it might make more sense to rent rather than own.
This situation depends on what you’re for in Singapore. If you are, let’s say, regional director for a multinational company and you are in charge of the greater Southeast Asia region, you’re probably more interested in long term homeownership, for example, maybe ten years.
On the other hand, if you are a visiting graduate student and you see yourself staying in Singapore for all of maybe two years, then your housing options will be radically different. Keep this in mind because everybody’s circumstances are different.
Everybody’s personal preferences depend on a wide range of variables. The only person that would know is you. The key is to check out as many properties as possible that fit within your budget.
These are the top five properties that you can check out so you can find as many different units in Singapore that are in the district you’re interested in, and within the price range, you can afford.
This is a great listing site. It also offers an affordability calculator. You type in your down payment, and it will calculate the amortization for you.
This platform specializes in residential as well as condo listings. Whether you’re a renter or a buyer, this site has something for you as far as the Singapore market is concerned.
Widely viewed as the most prominent property website in Asia, iProperty punches way above its weight class when it comes to listings.
If you are in any way, shape, or form interested in having a lot of inventory to look at from a wide selection of districts in Singapore, your first stop should be this platform.
Make sure you set your selection criteria correctly so you can zero in on units that are within your budget and located in the areas you are interested in living in.
Although this website is a new player, it is packed with data. If you’re looking to get background information on districts as well as specific condominium properties, check out this website first.
You can get the inside scoop as to why a specific condominium building is worth your money and the surrounding structures are not.
Singapore Real Estate Exchange
This high-tech website gives you a lot of views on the property that you’re thinking of checking out. It tries to mirror actual site visits.
A lot of people who find condominium buildings using other platforms, go to this website to check out what it would feel like to physically walk into that building.
By using the websites above, you can do a lot of heavy lifting and digital pavement-pounding without leaving the comfort of your home.
Once you have done the research, you can then pick up the phone and get in touch with somebody who can do the groundwork for you so that by the time you get to Singapore, you can have a place to stay.
The same is also true if you’re thinking of selling your unit. By using these platforms to find the right price, you can then get in touch with the right real estate professional, so you can quickly dispose of your Singapore property
Stay tuned for Parc Central Residences. Interested buyers can now look at the CPF Housing Grants for EC /EC Eligibilities and book appointment to view the Parc Central Residences Price which will be announced in H2 2020. Meanwhile, you can check out more information at CPF website if you plan to use CPF for down payment or installment.