Showing posts with label Property

TRION 2 @ KL By Binastra Land @ Sungai Besi, KL

Wednesday, March 24, 2021 in , , , ,


Congrats to TRION 2 @ KL Launch under Binastra land that is located at Sungai Besi, KL. I am no experience when come to choose a home for myself, but there's some aspect that I will choose when it comes to choosing a home for myself. Whether it is due to location, comfy, facilities, but we cannot forget about the developer that is working on a property project. TRION 2 @ KL is under one of the Most Reliable Property Developers in town, which is Binastra Land. 

About Binastra Land
Binastra Land Sdn Bhd strives to be a boutique property developer that is recognized for its innovation, further enhancing the lifestyle of its customers with superior quality products and services that go beyond expectations.

Following their motto of “quality finishings from the start”, we instill a culture of excellence by prioritizing quality in everything we do.
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Renovation trends you want to consider

Tuesday, December 04, 2018 in , , ,

Renovation are always on the work every now and then whether it is a residential or commercial properties. There are many reasons to do renovation works; to upgrade their old housing development board unit (HDB) in Toa Payoh for rental purpose, to replace the electrical points of the old landed terrace houses or to upscale the new Build To Order (BTO) house interior design. Before embarking on your renovation journey, be clear on what you want to renovate before conveying your ideas and plans to your contractor or interior designer. There are some trendy ideas for renovations to consider that you can convey to your contractor or interior designer. 
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Great returns in buying HDB flat

Monday, January 08, 2018 in , ,


House is the essential necessity for humans to get sheltered and safe. In Singapore, getting Housing Development Board (HDB) flat is one of the milestones in every Singaporean’s life but there are ways to generate side income from owning a HDB flat in the matured estate like Tampines or Queenstown. With right strategies, you can get your HDB to pay off your monthly installment or mortgage repayment costs. What is the rate of return for buying a HDB flat?

Given with these conditions (assumptions and estimations):

• HDB flat price: $500,000
• Initial equity: $100,000
• 10 years of loan tenure
• Average interest cost of 4% 
• Rental yield of 4%
• Average of HDB price appreciation of 6%

During the 1990s, historical rate of HDB flat appreciation is 6.85%. Now, we set the average HDB price appreciation at 6%.


Initial costs are projected at about $12,600. Buyer’s stamp duty of $9,600 for $500,000 HDB flat, estimated $2,500 legal fees and $500 for valuation fees. Given that the initial equity is only $100,000, this indicates that they must take a loan amount $412,600 from the bank. Meanwhile, maintenance cost for the residential property is estimated about $6,000. With property price appreciation, the rental income is set to align with the appreciation. Although it might not be true the rents could remain sticky. Property tax is calculated as per the AV of the HDB. This analysis implies that the internal rate of return (IRR) is 12.67% which means that the investment in HDB gives you returns of about 12.67% annually. Click here to calculate your affordability.


In this analysis, there are three main factors for the Internal Rate of Return (IRR) which are HBD price appreciation rate, rental yield, and interest rates. The biggest driver of returns here is probably the HDB price appreciation, this determines the ending terminal value of your HDB. As for the rental yield, it is the second helper that brings the return. You can call this as an assisting hand that pushes along returns, the higher the rental yield, the higher the overall returns. Lastly, the third factor is interest rates. It is particularly important as the loan you took to finance the HDB or condominium you have purchased. The incremental of the interest rate would not be on your favorable side. 

HDBs are indeed set to give you a higher returns. But, be warned that the high returns’ of HDB were based on historical numbers. Property prices increase over the years since our grandparents’ generations. The biggest question now is will HDBs continue to appreciate in value at 6%? And will the interest rates continue to stay? This is really a subjective answer depending on the current economic situation. 


According to National Development Minister Lawrence Wong, here are some potential HDB buyers are looking to buy HDB flats with Selective En bloc Redevelopment Scheme (SERS) but to dismay, Singapore Housing Development Board has clarified that not all old HDB flats will be entitled to SERS. Although we are hoping for some returns especially in the mature estates like Tampines. There are some concerns that some buyers are willing to fork out higher prices for older flats in hope to gain from SERS. A friendly advice for potential buyers to choose carefully the HDB flats and let’s not put high hopes to get disappointment in returns.


But don’t be disheartened from this, there are some ways to gain some returns. Let’s take for an example, a 30-year-old couple combines their monthly income of $5,000, looking to buy a resale HDB flat in Tampines stay near their parents. With the income ceiling fixed by HDB, they are entitled up to $75,000 grant off for their resale flat prices. With this, they should be easily afforded a flat with a lease 90 years. Then, 35 years later, the couple is now aged 65 years old and the remaining lease of the flat is 55 years. With that, the grown elderly couple can choose to sell their flat and ‘right-size’ to a two-room Flexi flat with a shorter lease, this is to enjoy the Silver House Bonus of $20,000 in cash and use their sale proceeds for retirement. Apart from that, whoever prefer to stay in the flat are able to apply for Lease Buyback Scheme. They may sell part of the remaining lease back to HDB and they also have the option to rent out. 

In conclusion, HDB flat is not only a good home for returns but also a safe for future retirement which the HDB is trying to achieve for all HDB house owner. 

 Till Then.








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Things to Look Out for Before Renting a Place

Thursday, May 25, 2017 in , , , , ,

Renting your own place can cost you a fortune especially when you are looking for a house for rent in Singapore. Even if the rent is affordable, there are other costs that go into living on your own. The first thing you need to do is choose an affordable location in which to live. It should be near your place of employment, but even if you need to commute a bit, choose something affordable. Your job is finding one that is comfortable, fits your needs and falls within your budget. Don't hurry into any agreement if feel that the location is not suitable for your accommodation.

A good place to rent has to be two things: affordable and livable. Here's a 6-step guide on how to find a house that is both:
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