Looking to Buy a New Launch Condo in Singapore?
Independent Advice & Full Purchase Support
Buyproperty-sg.com is operated by Rowanne Foong, Senior Marketing Director with ERA Realty Network (CEA Reg No: R024810C).
This website is independently managed and not the official website of any developer.
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Guide to buy a property in Singapore
BUDGETING
Assess your finances and check your eligibility for a housing loan and get an in-principle approval (IPA) from a bank or HDB.
Understanding all the taxes and fees involved in the entire buying process as well as the cost of maintenance and upkeep of the property.
PREFERENCES AND GOALS
Evaluate your lifestyle preferences, long and short-term investment goals.
RESEARCH
Research on factors like proximity to amenities, schools, and public transport and its effects on property prices.
Understanding price Trends. Analyze current market trends and property prices in your desired location.
REAL ESTATE AGENT
Find a Reliable Agent who understands your needs and can guide you through the process. Let your agent arrange property viewings, help you shortlist potential options and eventually negotiate and secure the purchase for you.
MAKE AN OFFER AND SECURE THE PROPERTY
Decide on a reasonable offer based on market value and property condition. Secure the property by paying the option fee (usually 1% of the purchase price for a resale property and 5% upfront for a new launch property).
LAWYER
Engage a lawyer to handle the legal aspects, such as title searches, preparing the sales and purchase agreement, and transferring ownership.
COMPLETE THE PURCHASE
Confirm the purchase by way of Exercising OTP. Pay the stamp duty and exercise fee (usually 4% of the purchase price for a resale property and no payment at this stage for a new launch property) to confirm the purchase.
Before completing the purchase, arrange for the remaining payment and legal fees. Complete the transaction and collect the keys to your new property.
INSURANCE
Consider getting home insurance to protect your new investment.
About the Author
With 20 years of full-time experience as a real estate salesperson, I bring a wealth of knowledge and expertise to the table. I hold a postgraduate master's degree in Civil and Structural Engineering, which provides me with a strong technical background.
My passion lies in guiding my clients through their property investment journey, ensuring a smooth and successful transaction every step of the way. I am dedicated to helping my customers achieve financial growth through strategic real estate investments. Whether you are buying, selling, or investing in property, my mission is to make the process as seamless and rewarding as possible.
My commitment to excellence and customer satisfaction has earned me a reputation for reliability and professionalism in the real estate industry. I look forward to assisting you in achieving your property goals and ensuring a successful investment journey.
Rowanne Foong
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The information contained on this website is for general information purposes only. The Developer nor its agents assume no responsibility for errors or omissions in the contents of this website. In no event shall the Developer nor its agents be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the information provided herein. The Developer reserves the right to make additions, deletions, or modification to the contents of this website at any time without prior notice.
