Recent content by amara_vale

That is sensible, but set a deadline for receiving those records. If the condition report or funding history cannot be produced before you commit, the uncertainty itself has a price. Your options are then to negotiate a retention or reduction acceptable to both sides, make any offer conditional...

S$770,500 suddenly feels much larger now that our offer has been accepted. It is a one-bedroom townhouse in Singapore, and the deadline has brought every concern back into focus: the commute, dated interiors and whether the monthly payment leaves enough breathing room. The inspection and other...

I’d keep more than half completely separate as the emergency fund. From the remainder, reserve money for moving and the first mortgage payment, then create a repairs pot that can change after the inspection. Furniture comes last: a 5-bed property does not need every room completed immediately...

I’m looking at Singapore duplexes priced from S$1,463,000 to S$2,195,000. The listings still online suggest roughly 51 days to find a buyer, with most outliers apparently linked to maintenance. Is that consistent with recent completed deals, or is the active stock distorting the picture...

At 6.79%, I would want clarification on whether that is the nominal fixed rate or an effective figure that already reflects fees. Otherwise there is a risk of adding the arrangement fee twice when building your own comparison.

Could the increase be phased through future renewals rather than recovered all at once? That may reduce the shock, although it only works if both parties are comfortable documenting the agreed rent and dates clearly.

I’m less convinced that using eleven months every year is the right form of conservatism. The property might remain occupied for several years, then have a longer gap plus reletting and repair costs in one year. Model it over several years with a turnover event rather than smoothing everything...

I’d send all candidates the same short scenario: two offers arrive close together, one higher but less certain and one lower with a clearer timeline. Ask how they would present them, record your instructions, disclose any conflict and keep both buyers informed. Their answers should expose...

Are the fee proposals based on the same appointment arrangement and sale outcome? A low percentage can be misleading if photography, listing materials or closing work are separate costs. For photography, I’d ask who selects the photographer, what is delivered, whether floor-plan or retouching...

Also confirm any service or building-management charges, when they fall due, and the insurance excess you would have to fund after a claim. Neither belongs in the furniture budget, but both affect how much of that ₩40 million is genuinely free.

How tightly did you draw the neighbourhood boundaries? S$369,800 to S$554,800 can capture apartments that compete with quite different alternatives, so the -2.3% may partly reflect the mix of new listings rather than movement in like-for-like prices. Also, does the 52-day figure exclude...

Fair distinction. My next step would be to request evidence for the rent, the building’s current and projected charges, the relevant property-tax figure, an insurance indication and a management quote. Then run three cases: full rent, one vacant month, and a turnover case with lower rent plus...

One month of vacancy is a useful first pass, but turnover is lumpy. You might collect twelve months for several years, then lose more than one month between tenants while also paying for cleaning, minor works and reletting. I’d model a stable-tenancy case and a turnover year separately rather...

One proposal has the lowest fee but leaves several parts of the transaction outside its scope. Another costs more and promises photography, buyer screening, negotiation and coordination through closing, yet neither option feels comfortable while those promises remain vague. The property is a...

On your eleven-month assumption, annual rent becomes €37,598. Divided by €584,200, that is about 6.4% before management, maintenance, insurance, tax and building costs. So the deal is already some distance below the 7.0% headline before considering financing or acquisition expenses.