4 Promises By Overseas Property Developers That Should Make You Wary

By Sim Kang Heong, via dollarsandsense.sg

It seems like every other week that one sees advertisements for overseas property investments “opportunities”. Once in a while, we see news reports of yet another overseas project flopping.

While legitimate overseas investment opportunities exist, shady or extremely risky ones are also out there, and the savvy investor would think long and hard before sending their hard-earned money abroad.

Here are 4 common “promises” that make appearances in marketing collateral and uttered during talks, that you should think twice about.

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En Bloc Sales: How Much Do Private Property Home Owners Stand to Gain?

By Joanne Poh, via moneysmart.sg

SINGAPORE — Many Singaporean property owners think of en bloc sales as 4D or Toto, but with better odds.

But the reality is a little different, if you understand how en bloc sales work. Basically, you are getting paid to vacate your property. That means that, unless you have somewhere else to live, you will have to use that cash to buy another home.

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Here’s How Much More You Would Have If You Invested Instead Of Gambled in 4D In The Last 10 Years


By Dinesh Dayani, via dollarsandsense.sg

SINGAPORE — During a recent reservist In-Camp Training, I had meaningful conversations with my buddies. Over the years, 10 years in total, our conversations evolved from talking about furthering our studies and girlfriends to discussing our education and finding a job, and eventually to investing and starting a family.

One of my conversations with a close buddy was about investments. This was quite prevalent during this reservist because I’m writing for DollarsAndSense. What struck me when I spoke to him was that my friend believed that buying a 4D ticket from Singapore Pools was akin to making an investment.

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Here’s Why Location Won’t Matter As Much in The Future When Buying a Home in Singapore

By Lynnette Goh, via moneysmart.sg

Location, location, location. It’s no secret that Singaporeans prioritise convenience, especially when choosing the location of our home. I remember how I’d used to stare at HDB’s sales launch site for copious amounts of time, hoping my staring would somehow magically create new launches at central locations.

But with recent advancements in technology, should location always be a priority? Here’s why your property’s location may not matter as much in the future:

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4 Things You Didn’t Know About Property Valuations in Singapore

By Lynette Goh, via moneysmart.sg

In a perfect world, I’d be buying homes for a dollar and selling them off at a million each. But hey, this isn’t the land of make believe. We have property valuations to prevent people from overpricing their homes, and to prevent us from becoming the schmucks that buy those. Here’s 4 things you didn’t know about property valuations (or at least, I didn’t):

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Home Loans: All the Crazy Jargon Bankers Like to Use, Explained in Simple English

By Lynnette Goh, via moneysmart.sg

Sometimes adulting can be really difficult. Especially when we’re trying to get a home in Singapore and we know zilch about the terms used in home loans. All these home loan terms and jargon bankers are using… What if we accidentally sign our life away to slavery?

In the event of a dispute, our chances of wriggling free are probably about the same as a sick snail in a Sumo wrestler’s armpit. In court, we can’t tell the judge we didn’t know what this or that term meant, ignorance just isn’t a legit excuse in the court of law. Here’re a few basic terms that you’ll encounter in your home-buying process and what they mean:

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