Hi SunShine,
I am by no means an expert. Nor am I able to tell you if you purchase the XXXXX now the price will surge further or drop in the months coming.
In property investment, it is important to identify your goal. If you are looking for solely price appreciation, it seems that the risk is on the higher end since there have been talks on property bubble building up in Singapore and several cities. If you are looking for rental income and long term return, there is no good or bad time (at least to …

There are requests from readers to give them a quick rule of thumb  to assess their financial eligibility in buying a house. I am no means a financial mortgage expert. Therefore I append herewith the table for your generic and quick reference if you intend to go out hunting your house. As another golden rule applies, you should always buy within your means.
For a loan package of 30 years with assumed interest rate at 2.5%                                           

Housing Price $
Loan amt $ (80% of housing price)
Monthly instal’t $
Salary $(loan as 35% of your income)

500,000
400,000
1,580
4,516

750,000
600,000
2,371
6,774

1,000,000
800,000
3,161
9,031

1,250,000
1,000,000
3,951
11,289

1,500,000
1,200,000
4,741
13,547

1,750,000
1,400,000
5,532
15,805

 
With the …

Yet another record breaking HDB flat from Bras Basah sold at $650,000 or a record smashing $736psf. This jaw dropping price was set by a Taiwance PR couple who purchased a HDB flat left with 70 year lease. On the other hand, the Government is stepping out strongly to maintain the stand that the public housing is still affordable, based on their own sets of parameter.
Let’s take a look at these 2 articles brilliantly dissecting the topic on housing affordability in Singapore:
The TRUTH about Housing affordability in Singapore….. By Diary of …

Source : Business Times – 17 Mar 2010
Latest home-loan skirmish also sees banks speeding up their approvals
A skirmish of sorts has broken out on the home loans front with banks pushing down their interest rates a notch or two over the past week or so. The first volley was fired by DBS Bank and the others have responded.
This is welcome news for home owners and investors who are looking to re-price or refinance their home loans. The rates also provide a positive backdrop to the upturn in the property market. …

The Government has released 2 anti-speculative property measures today following Sep 2009 measures to further cool the exuberance in the private market. These measures will be effective from tomorrow onwards.
1. A seller’s stamp duty will be imposed on all residential properties sold within one year from the date of purchase
2. Loan to Value (LTV) limit to 80% will be imposed on all housing loans
I personally think the measures have come on time due to the speculation we could see in the private market together with the housing spikes over the few months. …

Today I will be continuing the procedure 2 on Property Financing after the earlier article on Finding Property. I hope to complete all these procedures one day so they could be consolidated as one REAL ESTATE PURCHASE and INVESTMENT 101 one day, for every reader’s easy reference.
Property financing is an important step that all buyers should do their homework
Other than buyers who are cash-rich requiring no financing, most of us will be looking at bank loan (mortgage)  to purchase a property. The amount you can borrow will depend on your own personal …