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Q&A
What is the loan requirement for commercial properties
To apply for a commercial property loan in Singapore, you need: signed application form, NRIC copy, financial statements (2 years), bank statements (3 months), clear financial health, detailed business plan, business locally incorporated (12-24 months), at least 30% local ownership. Maximum loan: 80-90% of property value, tenure: 25-30 years.
A year ago
13 views
Can you provide information on renewing a lease
Options provided include checking property value, transactions, listings, project details, comparing trends, or asking about launches and real estate queries, including lease renewal. Click for more.
8 people
A year ago
6 views
Do a citizen and a PR need to pay ABSD for their first condo
Singapore Citizens pay no ABSD on their first property, while PRs pay 5%. For joint purchases by a Citizen and PR, the higher rate of 5% applies.
A year ago
7 views
What does diplomatic clause mean
Diplomatic clause lets tenants end a lease early (after 12 months) with 2 months' notice if transferred or no longer employed, with security deposit refunded.
A year ago
10 views
What does "mme" mean
"mme" is undefined in the context, but options listed include property value estimation, transaction search, property and project search, price trend comparison, and real estate inquiries. Click for more.
A year ago
22 views
What is the security deposit for rental
The security deposit is usually one month's rent per 12 months of lease, stated in the Letter of Intent but paid upon signing the Tenancy Agreement. It’s refundable without interest, less deductions for damages or breaches.
2 people
A year ago
55 views
Is 101 Tampines Street 11 a good deal
Requested full project details for 101 Tampines Street 11: completion status, price, tenure, nearby schools/MRT, nearby projects' data, district, facilities, plot ratio, land size, property type, transaction/rental history, and other relevant info.
4 people
A year ago
8 views
I would like to ask about inheritance if parents passed on
Inheritance of property in Singapore follows the Intestate Succession Act if no will exists, with specific shares for spouse, children, parents. Muslim estates follow Islamic law, requiring a Syariah Court certificate for distribution.
A year ago
8 views
Can I change my address from my HDB flat to a rented condominium room
You cannot change your address from your HDB flat to a rented condominium room unless you meet specific exceptions like being divorced, legally separated, or eligible to sublet your whole HDB flat.
A year ago
4 views
I am 58 years old and my wife is 49 years old. We are selling our condo. Are we eligible to buy an HDB flat
You can't buy a 2-room Flexi flat on a short lease as your wife is under 55, but you may qualify for other HDB flat types if you meet other eligibility conditions.
A year ago
25 views
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