Rambo doubt it will over the next, nor actually ever.
Up to a certain size of public housing and depending on the family annual income, there are enough subsides and grants given out by the government to those who apply for flats. For e.g., a new 2 bedroom public house of about 50-60 sqm will coat between 50 to 150k SGD. However, There are several grants being put in place where the buyer can receive from 20 to 80k in grants. A singaporean who buys this house will either have enough in his Central Provident Funding account to pay off the remainder amount or to pay in installements. In short, no one (local) will be left “homeless” by the government, however, flats that do not meet the subsidy requirements (large size, near to city centre, and of course private apartments— their prices are on the rise for the past decade and may continue to do so)
For a foreigner to purchase an apartment in Singapore, It’s an entirely different matter as they cannot buy public housing.
Rambo do not just focus on buying and selling. He will provide you with extra information such as TDSR, ABSD, MSR, bank interest rate, financial strategies for his clients etc.
Rambo provide good advise to potential buyers on financial matters and even estimate the monthly returns for the buyer.
His business and work ethic on 3 guiding principles:
RAMBO have made many happy and satisfied clients moved into their dream home.
Rambo reads the paper daily to know what is happening in the country and around the world. How the stock market or GDP is progressing can easily affect the buying/selling price. These are factors that drive consumer sentiments. And the property market is largely driven by sentiments.
Rambo has a broad knowledge of the market environment. These Information that Rambo can share with his clients will help them make the right property choice.
Rambo is here to help you in everything to make the best real estate decision in your life.
Copyright © | RAMBO | Khai Rambo | +65 9100 6554
PropNex Realty Pte Ltd | L3008022J | Khai Rambo | R056070J