Property
When Should You Get an Investment Property?
By Planner Bee  •  November 22, 2021
So you’re covering your home’s payments and not thinking of moving anytime soon. Is now the right time to consider purchasing your first investment property? Property has traditionally been a popular investment in Singapore. For years, property assets have been known to appreciate alongside the city state’s rapid pace of development. However, with cooling measures introduced periodically since 2009 to discourage speculation in the housing market, there’s been less guarantee of high returns. Despite this, and even in the midst of Covid, the property market remains active, with an abundance of new launches and properties put up for sale. If you aspire to add a property to your investment portfolio, ticking off these boxes will help you know it’s a good time to start shopping around. You’ve fulfilled your Minimum Occupation Period (MOP) or are staying in a private property If you already own a HDB flat, you would need to fulfil your MOP requirement of five years before you...
Read the full article
By Planner Bee
We're a team of energetic financial experts obsessed with data, investments, finances, and understanding what's moving the world around us.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance