1. Check your Financial Status

It is always important to check out your financial status on loan limit and loan servicing before confirming on the purchase. It is a shame to miss out on a fantastic property because you are short of cash on initial downpayment or have bad credit. However it is even more hurtful to the pocket for forfeiting the 10% deposit for the ignorance of your personal financial power. Make sure you fully understand your financial status. Just approach any bankers on home loans, and they are more than happy to give you a no obligation assessment.

2. Be friends to the Players

Develop a professional relationship with at least one good real estate players, be it agents, developers or real estate legal advisors. They are a wonderful source of information about your local real estate.

3. Do your Due Diligence

One thing worth praising the system that Singapore government has is its high degree of transparency, as there is an apparent low tolerance for speculation. Therefore there are many sources to find updates on recent transactions on selling and buying, long term planning on the local premise, and new rulings and regulation that possibly affecting the pricing of real estate. Be familiar with the websites, i.e. http://www.ura.gov.sg/. You will be surprised by the good deal of research and information it has. If you have any problem looking for specific information, feel free to give me a call.