Author: Seedly

A Singaporean’s Step-By-Step Guide: Applying for Your First Executive Condo

Quick Overview of Upcoming EC Launch in 2020 Parc Canberra – Canberra Link, Canberra Source: Parc CanberraParc Canberra EC Project Details Expected LaunchQ1 2020 Showflat Preview Period31 January – 10 February 2020 Number of Units~500 units of 3-5 bedrooms Tenure99 year leasehold Average Selling Price (per square foot)$1,050 psf Expected Date of TOP2023 Expected Date of Legal CompletionTo be announced The Ola – Anchorvale Crescent, Sengkang Source: The OlaThe Ola Project Details Expected LaunchQ1 2020 Showflat Preview Period21 February 2020 Number of Units548 units of 1-5 bedrooms Tenure99 year leasehold Average Selling Price (per square foot)$1,100 psf Expected Date...

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Grabpay Hacks You Need To Know To Maximise Miles, Cashback and Rewards!

Grab has been causing quite a stir lately, with the launch of its new GrabPay Mastercard, it’s failed partnership with AXS, and the recent devaluation of its GrabRewards points. In the midst of all these changes, can Grabpay users still maximise their rewards and cashback using GrabPay? For the ardent Grab fans, here are some GrabPay hacks you can use to maximise your rewards! TL;DR: GrabPay Hacks You Need To Know To Maximise Miles, Cashbacks and Rewards Link your Grab Account with Favepay for Triple Dipping of Rewards and Cashbacks. A popular, fuss-free hack that many Grabpay users use...

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CapitaLand Mall Trust and CapitaLand Commercial Trust Proposed Merger: What It Means for Investors

Two CapitaLand Limited (SGX: C31) entities — CapitaLand Mall Trust (SGX: C38U) and CapitaLand Commercial Trust (SGX: C61U) — are looking to merge. This follows hot on the heels of another proposed merger between Frasers Logistics & Industrial Trust (SGX: BUOU) and Frasers Commercial Trust (SGX: ND8U). What should investors make of the latest news? Let’s dig in more. TL;DR: Merger of Two CapitaLand REITs  Some key highlights from the proposed merger: The merger will be carried out by CapitaLand Mall Trust acquiring all CapitaLand Commercial Trust units by way of a trust scheme of arrangement. For every 1...

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Is Mapletree Logistics Trust (SGX: M44U) An Attractive Investment Right Now?

At the time of writing, Mapletree Logistics Trust‘s (SGX: M44U) units are going at S$1.81 each. At that unit price, Mapletree Logistics Trust is valued at a price-to-book (PB) ratio of 1.5 and a distribution yield of 4.5%. At a glance, the REIT looks overvalued. But is that really the case? Let’s find out using my 10-step guide to pick the best Singapore REITs. As a summary, here are the 10 steps I use to pick the best Singapore REITs: Growth in Gross Revenue and Net Property Income Growth in Distribution Per Unit Property Yield of Between 5% and...

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Expensive Restaurants To Splurge On Your Date This Valentine’s Day

It’s the time of the year where bonuses are being paid! With Valentine’s day around the corner, some of you may consider splurging a little to treat your partner on this special day. For those who are looking to impress, here are some romantic and luxurious restaurants you can consider for your next date. TL;DR: Expensive Restaurants To Splurge On Your Date This Valentine’s Day 1. Zen Source: The Peak Singapore | Youtube Zen provides an interactive dining experience where diners will be traversing through the three-storey shophouse that the restaurant occupies. The first floor serves exquisite appetizers in...

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Investing for Kids: How to Give Them the Financial Headstart You Never Had

Do you ever look at your savings or investments and wish that you started earlier? While you can’t travel back in time to take full advantage of the magic of compound interest. Did you know that you can do something today to give your children the financial headstart you never had? Think about it. If your parents had the foresight to invest USD$10,000 in Apple stocks back when it first IPO-ed in 1980. You would be sitting on a fortune that’s worth USD$6.7 million (approximately S$9 million) today. Yep. Investing for kids. It’s probably one of the biggest gifts...

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The Ultimate Expat Guide to Getting the Best Prepaid SIM Card in Singapore

Have you ever wondered how long you can last without data or your phone in another country? If you’re going to be staying in Singapore for a while, I’m sure you’ll need to get your connectivity issues sorted out as soon as possible! Source: Giphy Since applying for a postpaid plan requires proof of your residential address, you might not have one since you’re still sorting out your accommodation. Don’t worry, focus on settling down and let us do the comparison between M1, Singtel and StarHub for the best prepaid SIM card for you! TL;DR: The Ultimate Expat Guide...

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Unique Date Ideas In Singapore This Valentine’s Day (2020)

Valentine’s day is coming, and for most Singaporeans, that means a nice meal with their partner in an upscale restaurant. Dating in Singapore can sometimes be a little boring, especially when fun, outdoor activities are dampened by the sweltering heat. That said, there are fun activities that you can try out to spice up your love life. From sleeping in a sea aquarium to making your own leather pouch, here are some unique date ideas you can go for this Valentine’s day. Go on an Urban Art Trial Around Singapore Source: The Honey Combers Source: Time Out If you’re...

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Elite Commercial REIT IPO: What We Know So Far

The Singapore real estate investment trust (REIT) market could see a new kid on its block. Elite Commercial REIT lodged its preliminary prospectus on 17 January, and it could become the first REIT initial public offering (IPO) in 2020. Here’s what we know about Elite Commercial REIT’s IPO so far. TL;DR: Elite Commercial REIT’s IPO Deets Here are some details about Elite Commercial REIT: Elite Commercial REIT is a commercial REIT with a focus on office assets in the UK. The REIT’s initial portfolio will contain 97 commercial properties located across the country. More than 99% of the portfolio...

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What Is a REIT?

Have you come across the acronym “REIT”, but have always wondered what it means? You are not alone. That’s why this series is here to demystify investing terms for beginners like you. So, what exactly is a REIT? Source: giphy REIT simply means Real Estate Investment Trust. A REIT pools money from investors to invest in a portfolio of income-generating real estate assets. These assets can be shopping malls, offices, industrial buildings, hotels, or even data centres. In exchange for your investment in a REIT, you are entitled to distributions at regular intervals, usually on a quarterly basis. REITs...

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Singapore’s First Female Pro-Wrestler, Alexis Lee, Juggles Two Day Jobs To Fund Her Passion

Alexis Lee is in a state of limbo, yet intent on summoning change. As Singapore’s first female pro-wrestler, she’s charted impressive growth since 2013 with home promotion Singapore Professional Wrestling (SPW), where she trained under co-founders Andruew Tang (moniker ‘The Statement’) and Vadim Koryagin. In August 2019, the 25-year-old — real name Lee Xin Yi — joined some 40 candidates for the WWE tryouts in Shanghai, along with Tang and fellow pro-wrestler Sean ‘Trexxus’ Tan. They ultimately weren’t selected for the developmental contract, but the experience gave the oft-dubbed Lion City Hit Girl plenty to write home about, given...

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All You Need to Know About ElderShield

I know… CareShield Life will likely be launched soon in the later part of the year, so who cares about ElderShield? Source: Giphy Well, we still care, because there are still individuals who are insured under ElderShield! Besides, since CareShield Life is somewhat an extension of ElderShield, so shouldn’t you know the basics first? TL;DR: All You Need to Know About ElderShield Since ElderShield is a basic long-term care insurance, you’ll only be able to claim for monthly payouts when you are unable to perform at least 3 of 6 Activities of Daily Living: Washing Dressing Feeding Toileting Mobility...

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Ultimate Price List for Taiwan Food Festival: Ningxia Night Market at Sentosa. How Much Should You Expect to Spend?

I’m a big fan of fried chicken. BIG FAN. Especially the fried chicken cutlets sold in Taiwan night markets which are crispy, have just the right amount of bite and are always ridiculously over-sized. And guess what? They’re recreating Ningxia Night Market at Sentosa. Source: Giphy Yep. You read right. From 16 January to 9 February 2020, a miniature version of the ever-popular Ningxia Night Market (宁夏夜市) will be recreated at Sentosa’s Siloso Point as part of the Asian Night Market: Taiwan Food Festival. So… is it worth going? And how much is it going to cost if you tried all...

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Here’s How To Maximise Your Child’s Child Development Account (CDA)

Having children’s never easy, especially with Singapore’s high cost of living. To mitigate the cost, the government rolled out the Baby Bonus scheme, where cash rewards are given to encourage Singaporeans to have more children. With the Baby Bonus, parents will need a Child Development Account (CDA) to receive grants and cash rewards from the government. So how does the CDA work? Is there a way to make the most of it? Here’s a quick guide on how to maximise your child’s CDA account, to get the most out of your Baby Bonus rewards! TL;DR: How To Maximise Your Child’s...

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3 Singapore Shares to Consider If You Are New to Investing

“An investment in knowledge pays the best interest” — Benjamin Franklin You have been a great student of Seedly’s “university” and have “attended” the accounting classes covering different aspects of reading the financial statement, namely, the income statement, balance sheet, and cash flow statement. You have also “sat through” the lectures on analysing financial ratios such as the return on equity and debt-to-equity. Now that you feel you are ready to put your money to good use by investing in the stock market and do not want to go the exchange-traded fund-track, here are three starter stocks you can...

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