If you are buying a new property...
What constitutes a well-valued property purchase?
When buying a property in Singapore, whether you're a new buyer or a seasoned one looking for your next investment, there are several crucial factors to consider. Firstly, determine your budget and financing options, including mortgage loans and government schemes. Conduct thorough research on the property market, including location trends, upcoming developments, and amenities in the vicinity. Consider factors such as transportation accessibility, proximity to schools, shopping centers, recreational facilities. For longer term planning and potential capital appreciations, go in-depth into the URA Master Plan to identify where are the growth hotspots. Importantly, you can engage a reputable real estate agent to guide you through the buying process to ensure transparency in transactions, and advising you the dynamics of the property market performance.