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you’re not alone in questioning charges for handyman work; it’s a common concern many property owners have. Contesting the charges could potentially involve the Fair Trading agency in Victoria, and you may also want to consult a legal advisor for this kind of dispute.
As for the time required to complete the jobs you listed, 52 hours does sound like a lot, although the actual time could depend on various factors like the complexity of the work, materials required, and so on. However, for a ballpark idea, you can take a look at this article on the truth about tradie call-out fees and labor charges. It breaks down some of the hidden costs and other elements you might not have considered, giving you a better understanding of what you’re paying for.
If you still feel that the cost and time involved are exorbitant after doing some research, it may be worth pursuing a more formal complaint.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
Saw this in the news recently: https://www.straitstimes.com/business/property/dunman-road-mega-site-draws-128-billion-bid-pine-grove-gls-site-draws-6715-million-bid
With the global slow down and increase in rates, its interesting that Singapore’s property market is still pretty strong and stable.
The tenders for two state-owned plots closed on June 2 in Singapore, resulting in mixed outcomes. Developers displayed eagerness to bid for the Pine Grove site, while the mega-site in Dunman Road (Grand Dunman) did not receive as much attention. This is consistent with the developers’ mindset of bidding for sites with high demand, but only up to a certain point due to the high prices of some mega-plots. The Dunman Road site, the largest Government Land Sales plot since May 2018, only received two bids, possibly due to the considerable price and risks associated with construction costs, cooling measures, and economic uncertainty. SingHaiyi Group submitted the top bid of $1.28 billion or $1,350 per sq ft per plot ratio, although the developer has not commented on its intentions for the site. In contrast, the Pine Grove (Parcel A) plot – (Pinetree Hill) received five bids, resulting in one of the tightest races in recent memory. The UOL Group and Singapore Land Group joint venture emerged victorious with a bid of $671.5 million or $1,318 psf ppr, beating Allgreen Properties’ bid by just $800.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
Singapore’s current mortgage rate for fixed is 4.2% and 3.8% for a floating rate. i believe that its slightly lower than Australia. Wonder why the difference.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
Singapore has long been regarded as one of the most attractive places for property investment, and for good reason. Despite being a small island city-state, Singapore has a stable economy, strong currency, and efficient government, all of which make it an ideal location for property investment.
One of the main reasons why Singapore is a good place for property investment is its stable and growing economy. Singapore has a robust economy that is driven by diverse sectors such as finance, manufacturing, and technology. This has resulted in a consistently high demand for properties, especially in prime locations such as the central business district.
Another reason why Singapore is an attractive place for property investment is the efficiency of its government. The Singaporean government has a reputation for being business-friendly and providing a conducive environment for foreign investors. This includes policies such as low taxes, straightforward property laws, and a transparent regulatory environment, all of which create a conducive environment for property investment.
Singapore’s strong currency is also another factor that makes it a good place for property investment. The Singapore dollar is considered to be one of the strongest currencies in the world, which provides investors with a stable and secure investment environment.
Additionally, Singapore has a strong rental market, which makes it an ideal location for property investors who are looking to generate rental income. With a large expat community, there is a constant demand for rental properties, especially in popular locations such as Orchard Road and the Marina Bay area.
Lastly, Singapore is a safe and secure country with a low crime rate, making it an ideal place for property investment. The government has also implemented strict measures to maintain social order, such as strict immigration policies and regulations that limit overcrowding and maintain a high standard of living.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
Singapore is an attractive investment arena for property investors from around the world. At the macro level, it has a stable political environment and a transparent legal system. This allows investors to focus on doing their research to anticipate property cycle phases and identify attractive investment opportunities.
Property investors seek to make a return via both capital appreciation and rental income. Indicatively, they might target an annual after-tax return of inflation plus one percentage point (say, 4 per cent in total) from capital appreciation and 6 per cent from rental income. On a property costing S$1.0 million, these targets translate to an unrealised capital gain of S$40,000 and a rental cash income of S$60,000. Of course, investment is risky and there is no guarantee that these targets will be achieved. Also, capital appreciation typically remains unrealised for many years until a property is sold.
Investing in a REIT involves placing your capital, along with other investors, in a fund that invests in a portfolio of properties. Some REITs invest broadly across all segments of the property market while others focus on specific segments such as retail, commercial, hotels, industrial and student accommodation.
Most REITs are listed on the stock exchange and managed by investment professionals. They provide investors with a return via income distributions and stock price appreciation.
Experienced investors believe that the secret to good property investment is buying property at a low price – a price below market value. The wisdom of this advice can be demonstrated by a simple example.
Take a property that has a market value of S$1.0 million and an expected annual after-tax rental yield of 6 per cent with capital appreciation of 4 per cent. Buying that property for S$0.9 million – a modest discount of 10 per cent – provides a saving of S$100,000. To match that benefit, you would need to charge a rental yield at 10 per cent (S$6,000 per year) above market price for more than 20 years for it to be equivalent on a discounted present value basis – a task so unlikely that it can practically be described as impossible.
Buying at a good entry price at good location is key. Liv mb will launch in Q2 2022 at the prime district of Mountbatten, Singapore is one condominium that is worth considering.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
thanks for the information.
realestatepro | Pro-Handy Australia
https://pro-handy.com/au/Professional Handyman Services Australia Wide
