Forum Replies Created
Hi Ken,
I am a Singaporean, who has experience in investing in Singapore. I just came back from Singapore two weeks ago and was looking at buying my second property while i was in Singapore. In my opinion, currently it is very easy to rent out a house in Singapore in most of the area especially in the East area because of growing of businesses and expats moving to Singapore.
At the current rate, you can fetch a very good rent.
But the problem currently is, even the HDB (the resale) is over priced. There is two ways you can buy a HDB. One is directly through the HDB and the other is resale. If you buy through HDB, it is always alot cheaper but with loads of restrictions about renting out and the waiting period is longer to buy one. However, with the resale, it is easier to buy one in the market, but the problem is, in the past one year, due to the demand, the owners are asking a minimum of $25k above valuation.Hope this helps. If you need more info, you can e-mail me at [email protected]
Hasina
