Mountbatten Residence Former Katong Park Towers Enbloc by Bukit Sembawang

Mountbatten Residences is another improvement at Arthur Road alongside Mountbatten Road by Bukit Sembawang Estates. Mountbatten Residences is the previous Katong Park Towers which involves 116 private units that is situated close to the forthcoming Katong Park MRT Station because of complete in 2023. In light of the most recent masterplan around the territory, Katong Park Towers is perched on a land size of 140,758sqft with a plot proportion of 2.1 demonstrating that a limit of 24 stories can be worked at the improvement. In light of the enbloc value, the land obtaining rate for Katong Park Towers is at an unobtrusive $1,280 psf ppr comprehensive of a $60 million of rent updating premium back to 99 Years. Mountbatten Residences speaks to a notable improvement in Mountbatten Residences region just as the Katong region as Mountbatten Residences Bukit Sembawang is a skyscraper advancement that offers unhindered perspectives on the Meyer …

Ways to Promote Your Real Estate to Young People

Millennials are one of the highest rental demographic groups, but what do they look for in a rental? Property owners and property management companies try to find keywords that resonate with this age group when preparing their real estate ads online. The latest development will be Penrose City Developments right at the heart of Sims Drive.

The average tenant changes their rental property every six or three years, according to ATTOM Data Solutions, a real estate data company.

Here are some ways of promoting your property

Choose the correct attributes when describing your property

When describing your property to potential tenants, do not overdo it with excessive preferences. Amazing, dazzling, cool and amazing words may be words that apply to your home, but these crumbling descriptions will not create an attractive personal atmosphere that you want to promote. When listing your home, announce the unique aspects of your property. If …

The DIY skills you should have as a homeowner

Many homeowners love doing homework on their own before calling. The most popular home project they would like to do alone is furniture assembly, according to a new survey of nearly 1,000 Americans conducted by the home services company HireAHelper. The owners also showed their willingness to undertake bathroom projects, such as separating the toilet, replacing the shower and covering the bathtub, according to the survey. People were more likely to say that they contacted a specialist to solve electrical issues.

Homeowners seem more intimidated by installing ceiling fans:  40% say they will do it. The youngest people were the most intimidating when addressing housing projects alone. Some said they have closed the bathroom and a quarter of them said they preferred to call a professional to take care of the task.

What other DIY skills should you have?

According to experts, knowing some ideas for DIY repairs can help …

Home Buyers To Qualify for a Mortgage

Credit standards have tolerated a constant trend in the last three months. The mortgage index increased by 2.1%, indicating a decrease in credit. Also, the commercial group says it expects the trend to continue in 2020. The expansion of credit availability will continue to support the current levels of mortgage loans, even when the refinancing activity begins to stabilize.

Credit relief is most evident for government-backed mortgages, including FHA, USDA, and rural property loans. Giant loans, which increased 2.2% to a record high, also showed flexibility standards. The Jumbo index reached a new record, as investors increased their desire to buy loans with lower credit scores and higher LTV rates.

Take the Federal Housing Administration – Federal Housing Administration as a case study.

The Federal Housing Administration – The Federal Housing Administration insures mortgages so that low-income people can qualify for housing loans. FHA insurance reduces the risk of the …

Mortgage Rates to Go Up This Year

A humming economy and an end to Federal Reserve interest rate increases are helping to push mortgage rates higher. With economic development in 2020, the 30-year ate mortgage, which increased by 3.73% may lead to a consistent increase this year.

With the Federal Reserve strategy on journey control and the economy continuing to develop at a consistent pace, mortgage rates have balanced out as the market looks forbearing. The danger of an economic downturn has subsided, and, combined with the steady activity market, it should prompt a somewhat higher rate environment.

Mortgage rates reached their absolute bottom of the year toward the beginning of September, hitting 3.49%; however, they’ve been crawling upward since. Regularly, while higher mortgage rates are malicious, the improved economic slant is the explanation that these higher rates have not affected mortgage demand up until now.

As the economy continues its record-long extension, the Federal Reserve cast …