Central Singapore: Lumiere (5.0% yield), Skysuites@Anson (3.8% yield). HDB areas: Geylang (Block 24 Balam Road, 10.1% yield), Woodlands (Block 437 Woodlands Street 41, 9.3% yield). Other areas: NEWest (5.3% yield), Parc Imperial (high yield, near Haw Par Villa MRT).

The demand for strata office units is relatively stable. There were 154 transactions in 1H2024, just two deals fewer than the 156 transactions seen in 2H2023. Solitaire on Cecil, a new strata office development on Cecil Road, was first launched for sale in March 2023. In July 2024, it was 100% sold after just 16 months.

Strata office demand remains stable with 154 transactions in 1H2024, close to 2H2023's 156; Solitaire on Cecil sold out in 16 months after its March 2023 launch.

The best areas for shophouses are in the Historic Districts, which include Boat Quay, Chinatown, Kampong Glam, and Little India. These areas are among the city's oldest and most intact, making them highly desirable for their historical value and unique charm.

Top areas for shophouses are Historic Districts: Boat Quay, Chinatown, Kampong Glam, and Little India, known for their historical value and unique charm.

Tenants renting a commercial property should produce original or photocopies of documents such as NRIC, passport, work permit, employment pass, or student pass to prove their legal stay in Singapore to the landlord.

Request tenants' NRIC, passport, work permit, employment pass, or student pass to verify legal stay in Singapore when renting a commercial property.

what are the documents to ask from tenants renting a commercial property

What documents should be requested from tenants renting a commercial property

MSR stress test interest rate: 3.5% for residential, 4.5% for non-residential, or the prevailing rate if higher.

what is the interest rate for the msr stress test

What is the interest rate for the MSR stress test

Yes, you can rent out individual bedrooms in your HDB flat during the Minimum Occupation Period (MOP).

You can rent out individual bedrooms in your HDB flat under PHG during the first 5 years MOP, but cannot rent out the entire flat.

can you rent out a bedroom if the hdb is under phg in the first 5years

Can you rent out a bedroom if the HDB is under PHG in the first 5 years

### Initial Payment for Resale Price

#### If taking a housing loan from HDB or not taking any loan:
- Pay a 10% initial payment based on the resale price or valuation price of the flat, whichever is lower.
- Use CPF savings or CPF Housing Grant or a combination of both.
- If there is a shortfall, pay the balance in cash.

#### If taking a bank loan:
- **Loan ceiling of 75%:**
  - Pay 5% in cash.
  - Balance 20% with CPF savings, CPF Housing Grant, cash.
- **Loan ceiling of 55%:**
  - Pay 10% in cash.
  - Balance with CPF savings, CPF Housing Grant, cash.
- **Loan ceiling of 45% or lower for 2nd home loan:**
  - Pay 25% in cash.
  - Balance with CPF savings, CPF Housing Grant, cash.

### Using CPF for Private Residential Property

#### Private Properties Scheme (PPS):
- Use CPF OA savings to buy or build private residential property for investment or occupation.
- Can be used to:
  - Pay the purchase price of the private property.
  - Repay housing and construction loans and/or service monthly loan instalments.
  - Pay stamp duty, legal fees, and other related costs such as construction.

#### Additional Conditions for Use of CPF Savings:
- Cannot use CPF savings directly for land cost and construction costs.
- Use own funds and/or a loan first.
- After house completion up to Temporary Occupation Permit stage, use CPF savings to repay the loan.
- Reimbursement of land and construction costs paid with own funds allowed if house constructed on or after 1 Oct 1993 and construction commenced within six months from land purchase completion date.
- Requests for reimbursement must be made within six months after Temporary Occupation Permit issue.
- Reimbursement is a one-time payment; monthly withdrawals not allowed.
- Submit applications three months before Temporary Occupation Permit issue with required documents.

For private resale, buyers pay 5-25% in cash/CPF depending on loan ceiling, remaining with CPF/cash; CPF OA can be used for purchase price, loans, and certain fees, subject to conditions and reimbursement rules.

what is the payment schedule for private resale and when can you use your cpf?

What is the payment schedule for private resale and when can you use your CPF

No, it is not legal to have a full operation F&B business in an HDB flat. The Home Based Small Scale Business Scheme allows owners to work from home to supplement household income, but it should not adversely affect the residential environment.

Full operation F&B businesses are not allowed in HDB flats; only small-scale home-based businesses are permitted if they do not affect the residential environment.

home based f&b with a full operation in a hdb, is it legal?

Is it legal to have a home-based F&B with a full operation in an HDB

Key factors for identifying undervalued properties in Singapore:
- Difficulty in selling
- Low transaction volume
- Desperate sellers
- Age of property (10-15 years old)

Tools on EdgeProp Singapore:
- Search filters
- Fair Value Tool
- Market Trends Tracker
- Property Alerts

Consult a real estate professional for detailed insights.

Can you provide information on undervalued properties

Yes, a widow with children can buy an Executive Condominium (EC). They must form a family nucleus with their children under legal custody.

A widow with children can buy an Executive Condominium (EC) if they form a family nucleus with their children under legal custody.

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