Today, real estate agents pay to post and repost listings. Unlike existing real estate portals, we have moved away from a paid listing business model. We see real estate classifieds as a commoditized service with no viable commercial model. Listings should always be free (check out DREA’s Forever Free Plan) because there are many other[…]
You’re the type of person who has a passion for taking raw numbers and turning them into actionable insights for the world’s first and only Web 3.0 Digital Real Estate Assistant. Your friends all know you as the one who has a true interest in technology, and who likes nothing more than spotting new ways[…]
Are you a homebuyer looking to find a place near quaint cafes, artisanal coffee, quirky shops and cool bars? Here you’ll find our Top Five picks for hipster neighbourhoods we simply can’t get enough of Tiong Bahru This 1930s housing estate has been transformed into a hipster hangout spot while still retaining its[…]
The recent Government Land Sales programme could yield up to 7,550 new homes and over 270,000sqm of commercial space, if all 4 Confirmed Sites and 11 Reserve Sites are successfully sold. *Confirmed Sites refer to sites launched for sale at pre-determined dates and sold through tenders whereas Reserve List sites are put up for tender[…]
In our recent video collaboration with Huttons Asia Pte Ltd, DREA subtly showcases not just Sophia Hills but also its proprietary natural language processing capabilities as the Lead Actor Mark searches for a new home. While it is currently available only on the desktop and tablet site, you may one day expect this on mobile,[…]
Living in one of the busiest countries in the world, Singaporeans are often so busy and tired from working long hours that by the time we get home, we just want things to be as convenient and as automated as possible. With the influx of new technologies and innovation, we now have various smart home[…]
Start apartment hunting early (but not too early) You are more likely to end up paying more if you don’t allow yourself sufficient time to find the right home for you and your family. Always allocate at least 1 – 1.5 months to do your research and spend enough time viewing, comparing and researching on[…]
TDSR, or commonly known as the Total Debt Servicing Ratio framework was implemented on 28 June 2013 to prevent buyers from becoming overburdened by debt due to property purchase. This framework replaces the former Debt Servicing Ratio of 50% that is used to determine the amount of income that can be spent on servicing debt.[…]
In our previous post, we discussed what Total Debt Servicing Ratio is and how it impacts you. In this post, we touch on how existing home owners may be able to seek exemption from the Total Debt Servicing Ratio requirement In 2013, after the introduction of the TDSR requirements, Monetary Authority of Singapore (“MAS”) started[…]