List of Serviced Apartments in Singapore: Our Top 7 Picks

Posted on Leave a comment

Serviced Apartments in Singapore

Are you looking for a serviced apartment in Singapore?

Singapore is a well-known hospitality industry city, and there are many serviced apartments today. Whether you are planning to travel to Singapore for business or vacation purposes, a serviced apartment would be a flexible solution.

In this article, we list 7 serviced apartment companies and compare them according to their rent span, unit size, minimum duration of stay, location and facilities.

Overview

Benefits of renting a serviced apartment in Singapore

The first benefit of opting for a serviced apartment is that you don’t need to commit to a 6-12 month rental contract.

This is especially true for Singapore, where it’s possible to find a serviced apartment with a minimum stay as short as 2-6 nights, while in other cities – for example, Hong Kong, the minimum stay is generally set to 30 days.

Another important benefit of serviced apartments is that you won’t have to pay the agent fee, and that utility bills such as water, internet, and others are almost always included in the price.

Even if this might seem a small detail, in a city like Singapore this might save you SGD 150-200 per month.

Finally, service apartments are provided fully furnished and are usually located in a convenient location.

This will save you time both while moving in and during the daily commute to your job. Continue reading List of Serviced Apartments in Singapore: Our Top 7 Picks

Investing in Co-Working Spaces in Asia: A Complete Guide

Posted on Leave a comment

invest-co-working-space-asia

Do you plan to buy property in Asia?
Click here to get in touch with an experienced agent

The co-working industry has exploded in Asia and it’s currently the fastest-growing market globally.

Not surprisingly, private investors and developers alike try to profit from this new market, and the supply of co-working spaces increases steadily.

It’s not strange, as it’s said that 30% of office space will be co-working spaces in Asia by 2030. Thus, co-working is not a temporary trend, but here to stay long-term.

In this article, you’ll learn the following

  • What is a co-working space?
  • The co-working space business model
  • The co-working space market in Asia
  • How much can I earn when investing in co-working spaces?
  • List of co-working Spaces by Country and Region

What is a co-working space?

Co-working spaces are started by individuals or companies who buy or lease office space and other types of premises, such as residential buildings and villas.

The same as it goes with co-living spaces, the founders sometimes partner up with local investors or property owners, to secure capital or to reduce rents.

Continue reading Investing in Co-Working Spaces in Asia: A Complete Guide

Investing in Co-Living Spaces in Asia: A Complete Guide

Posted on Leave a comment

invest-asia-co-living-space

Do you plan to buy property in Asia?
Click here to get in touch with an experienced agent

Co-living has become a new big trend in Asia and it’s predicted to transform the real estate markets in many countries.

Everything from established developers to individual investors try to find ways to profit from this growing industry.

Yet, before you decide to invest in co-living spaces, you must understand how the business model works practically and which countries that should be of interest in Asia.

In this article, I explain what co-living spaces are, how it works when investing in co-living spaces, about the markets in the most interesting countries, and more.

What is a co-living space?

Co-living spaces are often started by companies who partner with local property owners to reduce leasing costs, to share the profits and financial burden.

Not rarely, these companies receive funding from investors to start or expand operations.

When a company has bought or leased parts of- or a whole building, they refurbish the units and install the modern amenities and utilities needed.

The units are small and with sizes of around 9 to 25 square meters with simple, but modern furniture like a bed, a desk and a private bathroom.

Here, the idea is to spend time in the common areas, to socialize, and to engage in activities within the community. Many choose to live in co-living spaces to grow their network and to develop as persons.

Typical tenants are young persons who just arrived or that plan to stay short-term and cannot sign rental contracts stretching over 12 months.

That said, you also find locals who opt-in for co-living as it’s convenient and comparably cheap.

Continue reading Investing in Co-Living Spaces in Asia: A Complete Guide

7 Asian Countries Without Capital Gains Tax

Posted on 2 Comments

hong-kong-skyline

Do you plan to buy property in Asia?
Click here to get in touch with an experienced agent

Investors often pay much attention to the taxes and fees they have to pay at the time of buying property.

Truth be told, stamp duties, VAT and real estate agent fees can become significant when added up.

But, to have a complete exit strategy, it’s equally important that you understand what taxes you need to pay when holding and selling property.

In most countries, sellers need to pay capital gains tax when selling property. The tax can be substantial, especially if the property has increased much in value.

In this article, I list Asian countries where you don’t have to pay capital gains tax.

First, let me explain what capital gains tax is and how it’s calculated.

What is Capital Gains Tax?

Capital gains tax, sometimes referred to as CGT, is collected by governments and charged to the profits made when selling assets. Might it be real estate, businesses or stocks.

In Asia, capital gains tax rates normally range between 0% to 20%, depending on where you buy. With rates that high, the tax can reduce your profits significantly.

Not to forget, you might even be subject to capital gains tax in countries where the tax is generally not charged.

Continue reading 7 Asian Countries Without Capital Gains Tax

Apartments & Condos for Sale in Singapore: 8 New Projects & Launches

Posted on Leave a comment

singapore-property-for-sale

Do you plan to buy property in Singapore?
Click here to get in touch with an experienced agent

Singapore is a popular choice for overseas investors with deep pockets. It’s not strange as it has a well-functioning system, it’s safe, and offers a high quality of life.

This small tax haven will continue to attract people for decades. J.P. Morgan even predicts that prices will double until 2030. Neighboring countries, like Cambodia, Vietnam, Malaysia, and Indonesia are not as stable and still have much to prove in the long run.

In this article, you’ll learn about some of the most interesting new property projects for sale in Singapore, including condos, apartments, and villas. We update the list continuously for you to stay up to date.

Latest Update: 2019-06-06

Continue reading Apartments & Condos for Sale in Singapore: 8 New Projects & Launches

How to Buy Property in Singapore: A Complete Guide

Posted on 1 Comment

Suggestion: Watch the 5 minutes video tutorial before reading this article

Do you plan to buy property in Singapore?
Click here to get in touch with an experienced agent

Singapore is renowned for being one of the most business-friendly nations in the world. It has an efficient and transparent system and foreigners are welcomed with open arms.

The market is predicted to grow much over the decade as foreigners find Singapore to be a safe place to invest their money.

Buying real estate is also fairly easy, even if there are some regulations toward foreign ownership that you should beware of beforehand.

In this article, you’ll learn the following:

Continue reading How to Buy Property in Singapore: A Complete Guide

Singapore Property Market Outlook in 2019: A Complete Overview

Posted on Leave a comment

singapore-property-market

Do you plan to buy property in Singapore?
Click here to get in touch with an experienced agent

Singapore’s real estate market has been one of the hottest topics in many newspapers in 2018. I bet it will continue like that in 2019.

Many developers and analysts first believed in a positive market outlook in 2019. But with new regulations in place, I’m not that certain.

In this article, I share my predictions for Singapore’s property market in 2019.

First of all, I will recap what we saw in 2017-2018 for you to better understand the current market climate.

Topics covered in this article:

Singapore’s Property market in 2017: A throwback

After being in a downward trend since 2013, Singapore’s real estate market finally began to show signs of recovery in Q2 2017. During Q1-Q2 2017, property prices and rents were still declining, while the demand and prices for land started to increase.

Still, the vacancy rates reached new record levels in 2017, contributing to a further drop in rents.

Continue reading Singapore Property Market Outlook in 2019: A Complete Overview

5 Countries Where Foreigners Can Buy Land in Asia

Posted on Leave a comment

asian-landscape

Do you plan to buy property in Asia?
Click here to get in touch with an experienced agent

Asian countries have some of the most prominent and promising real estate markets in the world. While some foreigners prefer to buy condos, villas or apartments for investment or self dwelling purposes, you shouldn’t neglect the opportunities to buy land.

Personally, I believe that foreigners believe that it’s too hard to buy land, and from traditional reasons. But more and more people ask what opportunities they have when buying land in Asia. Unfortunately, there are not so many options available.

In this article, I list the 5 countries where you can buy and own land as a foreigner in Asia. Let’s have a look.

Continue reading 5 Countries Where Foreigners Can Buy Land in Asia

Top Property Management Companies in Singapore: A Complete Guide

Posted on Leave a comment

singapore-property-management

Do you plan to buy property in Singapore?
Click here to get in touch with an experienced agent

Buying property in Singapore is not the most difficult task on hand. Fortunately, the market looks very promising in the coming years.

However, buying a property is just your first undertaking, may it be a commercial property, a landed house, or a condo building. You also need to make sure that someone can manage the property for you.

In this article, I present some of the biggest and most popular property management companies in Singapore.

1. Savills

Savills is one of the biggest property management companies in the world, having presence all over the world. The head office of the company is based in London, UK.

The company established in 1855 and currently employs more than 35,000 people. In addition to Singapore, they have 700 offices in 60 countries.

Continue reading Top Property Management Companies in Singapore: A Complete Guide

Singapore Property Loans for Foreigners: A Complete Guide

Posted on 2 Comments

singapore-mortgages-foreigners

Do you plan to buy property in Singapore?
Click here to get in touch with an experienced agent

I often receive questions from readers who look for local mortgages in Asia, not rarely in Singapore. Not only are there people with financial restrictions, I also come across wealthy investors who own a dozen of properties or more in different countries, looking for options to leverage their money.

Being one of the most economically free and transparent countries in the world, you have significantly more loan options in Singapore, compared to developing neighbours like Thailand and Cambodia.

Therefore, I decided to write this guide where you’ll learn the basics when applying for a property loan as a foreigner in Singapore.

Buying real estate as a foreigner in Singapore

It’s generally easier for local citizens and foreign PR holders to be granted property loans. Being a non-resident foreigner will add on some requirements. For example, verification of proof of incomes, the types of property you can buy and more (non-resident foreigners can only buy private properties, whilst PR holders can buy HDB apartments and have easier access to landed property).

You’ll also need to seek permission from the Singapore Land Authority, before buying property as a non-resident foreigner. PR holders and local citizens are exempted from this requirement.

Continue reading Singapore Property Loans for Foreigners: A Complete Guide