Every nation has its own credit bureau that has direct access to the entire credit information of all the citizens. They are always accessing the credit information from the companies with whom you have credit and from the government agencies like the legal court system. They also provide information to its members whether or not they qualify for a new line of credit. By helping the members, the credit bureau helps the lenders to take better lending decisions as they find it easy to determine the risk of a particular borrower. Read the rest of this entry »
Around 90% of Singaporean families own the property and that is the reason why the Singaporean rental market is almost entirely supported by expats who moved and live in Singapore. It is rather expensive to rent condo, apartment, house or even room in Singapore. Accommodation costs represents up to 40 percent of expenses when you live in Singapore. The increase in rental prices over the past few years has been caused by a competitive property market and limited supply. But even with high rental prices there are many options for foreigners. Read the rest of this entry »
There are no longer any official district codes used in Singapore. But many people still often refer to a properties/rooms for rent being in a specific district when renting or buying in Singapore. These codes were used for the postal districts, but were replaced some time ago. In this post you will find the most up to date division for 28 districts.
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Home ownership is a big deal in Singapore and in Asia overall. Most of the people use to rent a room so Singaporean Dream is more often the one that stands for Condo (Condominium). Buying a home is one of the most important and emotional decisions, sometimes it can be very stressful because of contracting a lone. To make a better decision, you should remember about the pros and cons of buying and renting properties.
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The list of advices below is especially for expatriates, singles looking for own private place, people who want to save to purchase their own home and students who are on the budget. NO means you should be aware of not to do it and YES means it is what you have to remember when thinking about renting HDB/condo/room etc.
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