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Wife owns 1 property, husband owns none. If they co-purchase a new property, their total properties will be 2.

Yes, you can secure a loan if you only own 1% of the property shares. The 99:1 ownership scheme allows the 1% owner to be a co-applicant, leveraging their income and creditworthiness to potentially get a larger loan amount or better interest rates. Consult with a bank or financial advisor for specifics.

Identify undervalued condominiums by looking for properties difficult to sell, with low transaction volumes, desperate sellers, or those 10-15 years old. Use EdgeProp Singapore for tools like the Fair Value tool, market trends tracker, historical data, and powerful search filters. Click for more.

Yes, rental income from renting out your room in Singapore is taxable. Tax applies to rent, maintenance, furniture, and fittings, after deducting allowable expenses. Tax is based on when income is due, not when you receive it.

You can use a condo as a home office under the Home Office Scheme, allowing up to 2 non-resident employees, if guidelines are followed and no disturbances are caused to neighbors.

Decoupling an Executive Condominium (EC) in Singapore is not possible within the first 10 years of its purchase, including after the 5-year Minimum Occupation Period (MOP). It can only be considered after the EC reaches its 10-year mark and transitions to private property status.

Upgrading from an HDB flat to an EC in Singapore involves considering eligibility criteria, financial planning, selling your HDB flat, the privatization and investment potential of ECs, lifestyle and amenities, and market and location factors. Seek counsel from a real estate professional.

No prior HDB approval is needed under the Home Office Scheme, but ensure compliance with guidelines and avoid causing issues to neighbors.

Many unprofitable condominium transactions in Singapore were from units bought in 2007, especially larger units and those purchased at peak prices. Detailed information on the specific condominiums with the most unprofitable transactions can be derived from tools like EdgeProp's Research and market trends tracker.

You must complete the 5-year Minimum Occupation Period (MOP) in your resale flat before applying for a new BTO flat; currently, at 4 years, you are not eligible yet.