Buying a house in Singapore is a long-term commitment that requires proper planning. Knowing how much it costs and the home loan interest rate is not enough. To avoid unwanted surprises, you should know the charges that come along with buying the property. In this article, we will debunk some myths surrounding home ownership and list the fees you can expect when you buy a house in Singapore. Home ownership myths #1: Capital appreciation of property = profits Many Singaporeans think that they will profit from owning a property as its value will go up over time. But just because housing prices are rising does not mean a huge windfall. Buying a house requires a large upfront cost. This includes application fees, stamp duties, renovation costs, and more. There are also property taxes, interest on your loan, and maintenance fees to pay regularly. Assume you bought a house...