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What is the maximum total debt servicing ratio (TDSR)?
Total debt servicing ratio (TDSR) is the portion of a borrower's gross monthly income used to repay monthly debt obligations, including the loan being applied for. A borrower's TDSR should be ≤ 55%.
29 people
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Number of million dollar HDB flats in the first quarter of 2025
In the first quarter of 2025, approximately 348 HDB resale flats were sold for at least $1 million, making up about 5% to 5.5% of the total HDB resale market volume for that quarter.
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Mixed development appreciation
Mixed commercial and residential developments allocate up to 40% of their total gross floor area to commercial activities. Typically, commercial portions are below residential units, often featuring a shopping or office podium with an apartment tower above. Strata subdivision may be permitted.
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What should I do if my tenant does not pay rent on time?
You may charge 10% interest per month on unpaid rent if it remains unpaid for seven days after the due date. Options include applying for a writ of distress to seize and sell the tenant's goods, or applying to court to take possession if the tenant abandons the premises. Re-entry is allowed if rent is unpaid or obligations are neglected after seven days.
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Can I buy a BTO as a first-time buyer with an income of $20,000 per month
You can buy a BTO as a first-time buyer with an income of $20,000 per month only if you are applying with an extended or multi-generation family, as the income ceiling in that case is $21,000.
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Find an agent.
Find top agents for residential, commercial, and industrial properties at EdgeProp.
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What is the meaning of sora?
SORA (Singapore Overnight Rate Average) is a volume-weighted average rate of borrowing transactions in the unsecured overnight interbank SGD cash market. It replaced SIBOR in 2022 for pricing mortgages, offering less volatile and more predictable interest rates. SORA-based loans reflect current market conditions.
5 people
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Is there SSD for buying strata offices or retail units?
Seller Stamp Duty (SSD) is not applicable for strata offices and retail units, allowing you to sell the property the next day without incurring any SSD tax.
14 people
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How can we get back the good faith deposit from the landlord if he is not refunding after the change of use failed
To get back the good faith deposit from a landlord in Singapore:
1. Clarify the reason with the landlord.
2. Review the tenancy agreement.
3. Document evidence.
4. Send a formal letter requesting the refund.
5. File a claim with the Small Claims Tribunals or Magistrate's Court if unresolved.
6. Ensure timely refund as per the agreement.
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The valuation range provided is very wide.
Valuation figures from estate agents or salespersons are not official. For a precise assessment, engage a licensed valuer or appraiser.
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