HOW WE WORK

STEP 1:DECIDE WHEN YOU NEED TO PURCHASE A PROPERTY.

STEP 2: CALCULATE THE CASH OUTLAYS.

• S&P legal fee.
• S&P stamp duty.
• Loan legal fee.
• Loan stamp duty.
• Property valuation fee.
• Agent's commission.
• Renovation cost.
• Other miscellaneous cost.

STEP 3:DETERMINE THE MORTGAGE REPAYMENT SUM YOU CAN AFFORD TO PAY EACH MONTH.

STEP 4:LIST YOUR REQUIREMENTS:

• Location.
• Own stay or investment?
• Purchase vacant or tenanted unit?
• Unfurnished, partly furnished,or fully furnished?
• Intermediate, end lot, or corner lot?
• Freehold or leasehold?
• Orientation of the property.

STEP 5:DETERMINE WHAT YOUR MAXIMUM BUDGET IS.

STEP 6:FINALLY, START SEARCHING FOR PROPERTY THAT SUITS YOUR BUDGET AND REQUIREMENTS.

STEP 1:CHECK THE TRANSACTION DATA IN YOUR AREA.

STEP 2: CONDUCT A MARKET RESEARCH.

Check the availability and pricing of the property listings with similar specification, age, and condition with the listing agents in your area. Find out if there has been any deal done recently or changes in price from the other sellers.

STEP 3:CHECK THE INDICATIVE MARKET VALUE OF YOUR PROPERTY WITH ANY LOAN OFFICER OR PROPERTY APPRAISER. PROVIDE THEM WITH THE DETAILS BELOW:

• The address, size, and type of your property.
• Any special feature like corner or end-lot, gated and guarded community, extra land or accessory parcel attached such as carpark or lift.
• The renovation you have done to the property.
• Unfurnished, partly furnished,or fully furnished?
• The current rental yields if the property is rented out.

STEP 4:CALCULATION OF PROFIT AND LOSS.

STEP 5:DETERMINE A FAIR AND COMPETITIVE PRICE TO SELL.

Do not overprice your property, or it could go languish and be unsold for months or even years. Be willing to go lower when necessary.

STEP 1:DECIDE WHEN YOU NEED TO RENT A PROPERTY.

STEP 2: CALCULATE THE TOTAL INITIAL CASH OUTLAY REQUIRED. BELOW ARE THE STANDARD PAYMENTS TO RENT A PROPERTY:

• Two (2) months Security Deposit.
• Half (1/2) month Utility Deposit.
• Stamp Duty.
• Tenancy Agreement and disbursement charges.
• Renovation budget.

STEP 3:DETERMINE YOUR REQUIREMENTS SUCH AS:

• Location.
• Unfurnished, partly furnished, or fully furnished?
• Number of bedrooms required?
• Number parking spaces required?
• Intermediate, end lot, or corner lot?
• Orientation of the property.

STEP 4:DETERMINE WHAT YOUR MAXIMUM BUDGET IS.

STEP 5:FINALLY, START SEARCHING FOR PROPERTY THAT SUITS YOUR BUDGET AND REQUIREMENT.

STEP 1:CONDUCT A MARKET RESEARCH.

Check the availability and pricing of the property listings with similar specification, age, and condition with the listing agents in your area. Find out if there has been any deal done recently or changes in price from the other landlords.

STEP 2: CALCULATE YOUR PROPERTY HOLDING COSTS SUCH AS:

• Monthly loan instalment.
• Maintenance charge.
• Quit rent.
• Assessment.
• Sewerage bill.
• Income tax for rental collected.
• GST. (if your tenant requires you to absorb this. Applicable only for commercial and industrial properties.)

STEP 3:FURNISH THE UNIT ACCORDING TO THE TENANT TYPE.

Furnish your unit according to the requirements of the large majority of tenants in your area to see a quicker result.

STEP 4:DETERMINE A FAIR AND COMPETITIVE RENTAL RATE.

Do not overprice your property, or it could go languish and left vacant for months or even years. Be willing to go lower if necessary.