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What is a fire safety certificate from SCDF?

A Fire Safety Certificate (FSC) from the SCDF certifies a building's compliance with fire safety standards. It is mandatory for all premises in Singapore and requires a Qualified Person to apply through the GoBusiness Portal. The FSC is valid for 1-3 years and must be displayed at the main entrance.
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Is leasehold landed or leasehold cluster a better investment option if both have similar tenure left?

Leasehold cluster homes in Singapore often show higher capital appreciation, competitive rental yields (2%-5%), and affordability compared to leasehold landed properties. They offer shared facilities and lower maintenance burdens, making them attractive for families and investors. Demand is robust due to limited supply and lifestyle benefits.
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At what remaining tenure will the price of a leasehold terrace house start to drop?

Leasehold terrace house prices in Singapore drop more significantly as the remaining tenure decreases, especially below certain thresholds: - Below 70 years: Mild price drop. - Below 50 years: More pronounced decline, limited financing options. - Below 30 years: Significant price drop, less desirable, potential need for en bloc sale or redevelopment.
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What if it is a child under joint custody of both parents in 2 HDB flats?

Joint custody of a child does not impact the ownership or occupancy of HDB flats or private properties in Singapore. HDB flat ownership and occupancy are governed by HDB regulations, while private property ownership is determined by the property deed and agreements between owners.
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What is the hottest district in Singapore in terms of cost of living?

District 26 has seen the highest property price growth in Singapore, with a 21% year-on-year increase, driven by new condo launches like Lentor Mansion near Lentor MRT Station, making it one of the hottest and most expensive areas.
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Was there a recent sale transaction at postal code 416923?

To find the latest sale transactions for 39 Lorong Melayu, postal code 416923, use EdgeProp Singapore. Visit EdgeProp.sg, enter the address or postal code in the search bar, and check the "Latest Transactions" or "Market Watch" section. Registered users can set up alerts for new transactions.
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What are the sale transactions for postal code 416923?

To find sale transactions for 39 Lorong Melayu on EdgeProp Singapore: 1. Visit EdgeProp.sg. 2. Use the "Property for Sale" or "Property Search" section. 3. Enter "39 Lorong Melayu" in the search bar. 4. Filter results by transaction type, property type, etc. 5. Check "Latest Transactions" or "Market Watch" for recent sales.
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What HDB price can I afford with a salary of $9,000?

An individual with a $9,000 monthly salary can afford an HDB flat priced around $600,000 to $650,000, considering the TDSR of 60% and MSR of 30%. With a 25-year loan tenure at 2.6% interest, the maximum monthly mortgage repayment is $2,700, supporting a loan amount of approximately $540,000 to $570,000.
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Can you provide a detailed timeline for the payment stages when a PR buys a resale private home priced at $1.4 million?

Timeline for buying a resale private home in Singapore: 1. **Secure OTP (Week 1)**: Pay 1% ($14,000 for $1.4M property). 2. **Exercise Option (Within 14 days)**: Pay 4% minus 1% ($42,000). 3. **Apply for Bank Loan (Within 2-4 weeks)**: Loan application fee varies. 4. **Pay Stamp Duties (Within 2 weeks)**: BSD $36,600, ABSD $238,000. 5. **Sign Sales and Purchase Agreement (Within 8-10 weeks)**: Legal fees ~$3,000. 6. **Completion and Key Collection (10-12 weeks)**: Down payment $280,000, bank loan $1,050,000. Click for more.
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How much needs to be paid in stages for buying a resale private home priced at $1.4 million by a PR, including a detailed timeline?

When buying a resale private home in Singapore priced at $1.4 million: - **Booking Fee**: $14,000 - **Option Exercise Fee**: $42,000 - **BSD and ABSD**: $274,600 - **Down Payment**: $280,000 - **Bank Loan**: $1,050,000 - **Solicitor Fees**: $3,000 - **Other Minor Costs**: $1,000 Click for more.
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