My Executive


    May 31, 2013

    Buying your first condo? This seminar can help

    BUYING private property can be a tough process, with first-time buyers or those upgrading from Housing Board flats often getting confused along the way.

    Indeed, making that big decision should come after many layers of "careful consideration", said Mr Nicholas Mak, executive director of research and consultancy at SLP International.

    "It...involves such a large amount of money, especially here in Singapore," he said, adding that "most people who buy a property - whether an HDB flat or a landed house in District 10 - tend to look at real estate as an investment".

    To help shed light on such purchases, Mr Mak will talk about trends in the executive condominium (EC) and mass-market condominium sectors during a My Paper seminar on June 16 called EC and Mass-Market Condominiums: Buying your First Private Property.

    "Buyers should know how to be careful with their choices because (buying a private property) is largely subject to market forces," he said.

    The seminar, to be held at the Singapore Press Holdings News Centre, will also feature speakers such as Mr Tan Chau Chuang, associate director in the conveyancing and property-law department at PKWA Law Practice, and Mr Calvin Lee, head of mortgage sales at OCBC Bank.

    Mr Tan will discuss the legal considerations to take into account when buying an EC, while Mr Lee will go into home-loan packages that can help to maximise one's investment.

    EC and Mass-Market Condominiums: Buying your First Private Property will be held on June 16. Register at by June 11. Successful applicants will be notified via e-mail. The seminar fee is $10.