Realtors should be informed about particular housing rules, regulations, and standards. The Fair Housing Act, a comprehensive set of rules, is particularly pertinent. To combat prejudice, fair housing regulations were enacted.

As a real estate agent, you owe a fiduciary responsibility to adhere to applicable laws. At the same time, you want to guarantee that you are acting ethically in general, even outside of your fiduciary position.

The following are some basic facts regarding the Fair Housing Act and other pertinent subjects.

The Fair Housing Act of 1968


A real estate broker must keep in mind that seven protected groups are protected under the national Fair Housing Act. It’s easy to overlook this, yet it must be central to your compliance efforts. The following are the seven protected classes within this legislation:

• Race

• Religion

• National origin

• Disability

• Gender identity

• Kinship status

No one engaged in real estate in any capacity is permitted to discriminate against individuals for the reasons stated above. This is true not just for realtors, but also for lenders, brokers, and landlords.

Consequences of These Laws


As a real estate agent, you are legally prohibited from responding to some inquiries. It makes little difference what the motivations are for some of these demands.

For instance, if you are a realtor and a buyer want to learn more about the crime and safety situation in an area, you should refrain from telling them whether or not the place is safe. Rather than that, you should refer the customer to reliable sources of information, such as local crime statistics.

Certain words, such as couples, singles, professional, or bachelor pad, are prohibited when making postings. Children are not permitted, low-income, disabled, and Section Eight are other words to avoid in listing descriptions.

As an estate agent, you are legally prohibited from answering inquiries regarding the ethnic or racial composition. Additionally, you cannot guide your customer in a particular route within a neighbourhood based on their nationality or colour.

Realtors National Association Ethics Code


The National Association of Realtors (NAR) simple code of ethics states that Realtors cannot refuse professional services to anybody based on their membership in any protected groups listed above or based on their sexual familiarisation or gender identity.

In November 2020, the National Association of Realtors’ Board of Directors reaffirmed the association’s commitment to fair housing by accepting proposals to expand the Code of Ethics to include discriminatory speech and behaviour outside of real estate business that violates ethical standards.

What You Can Communicate With Your Clients


As a competent and ethical agent, you may direct your customers to resources that can assist them in resolving neighbourhood-related issues. Your customers may then make their own judgments. Your objective should always be to provide accurate information and serve as a resource, not to interpret that information.

Taking an example from this year property news. A realtor who is helping his client with the purchasing of Gazania condo exercises caution when he is advising them.

With this in mind, you must bear in mind that in addition to complying with fair housing regulations, you must consider how your customers may see things differently than you do.

It would help if you never made assumptions about your customers or their preferences, not only because you risk unintentionally violating fair housing laws, but also because you are not adhering to the profession’s standards.

Moving back to the example of the real estate broker who introduced the Gazania. The location is not as ideal but the condo is attractively priced.

When you employ a mortgage broker, your financial information and paperwork will be collected and reviewed. You look at the size of the loan for your property, your down payment, your income and your credit score. The broker asks about your financial record and helps you decide your desired form of loan before applying to a lender.


By working with a Singapore mortgage broker, read the fine print before applying might save time and energy. If you don’t enjoy all the research on mortgages and don’t care about paying a charge, you can help mortgage brokers.


A mortgage broker streamlines one of the hardest tasks in purchasing a house by connecting home purchasers with the correct credit, developing application papers and assisting borrowers via signing and closing. A reputable mortgage broker like sgcompare.sg would take you all the time to acquire the best loan for you and take you under his wing throughout the procedure.

Working with a mortgage broker is a wonderful alternative for individuals who wish to spare themselves in the mortgage process avoidable problems and frustrations. In contrast to lending officers working with a particular bank, mortgage brokers have access to a choice of mortgage products so that borrowers can acquire a lower rate. Hypothecary brokers, who usually work via a mortgage brokerage company, negotiate with several lenders to find loans for their clients.

Qualify and Compare

Mortgage brokers should serve you to find the best credit and financial profile interest rate. They work at a mortgage brokerage company and can give clients access to a choice of loans. Moreover, since mortgage brokers themselves have a large network of creditors with which they interact, they can examine in greater detail the types of loans for which you likely qualify and the rates you will likely receive.

In short, if you want to take out a loan, mortgage brokers are the best way to compare their rates and services with those provided by your local bank or credit union. A broker commission is a fee that the lender pays to close, but working with a broker does not effect your loan. The commissions for brokers vary but can be from 0.50 to 2.75% of the value of the loan.

Singapore covers these fees at 3% and requires that the broker fees are not linked to the interest rates of the loan. It is important to understand who pays your mortgage broker. It is quite important for the borrower and the broker who is rewarded for their efforts.

Brokers who lend money are normally lending for Property purchasing.

In general, both the lender (the bank itself) and the borrower provide mortgage agents with a commission. When a mortgage broker earns a commission from a lending institution, it is in the borrowers’ best interests that the advice they receive from the broker is not in their best interest.

The mortgage lender will hire the mortgage broker after answering the following questions. Eg. How much do you want to purchase your house for? Before you decide on a loan, the mortgage broker will communicate with the lender. You offer the broker all the documents and information that the lender needs to subscribe to.

If you have neither time or patience to apply you for a mortgage and are searching for someone who knows how to negotiate a rate when chatting with your mortgage broker, a mortgage broker can be your low-rate ticket. This is a lot of references, so make sure you ask many questions before you consent to working with a mortgage broker.

You expect a typical mortgage broker to help hundreds of customers acquire their loans over the years, and they know how to discover the best deal for you. You know what to look for to understand your particular situation and to help you locate the suitable loan. Mortgage brokers work every day on residential and investment loans as they know these sorts of loans inside and externally.

Advantage of a good Mortgage broker

One of the key advantages of a large mortgage broker is its ability to create relationships. You have the advantage of years’ understanding of the terms and conditions of mortgage loans when working with a mortgage broker. Building and maintaining ties with banks and lenders is vital, and your mortgage broker will create those ties for you.

Mortgage brokers are investigating loan choices and negotiating on behalf of their customers with the lenders. They work closely with all those involved in the loan process, from real estate brokers to business owners and closing agents, to guarantee that borrowers obtain the best credit and the loan closes on schedule.

Credit reports can be prepared, income and expenses verified and loan documents can be coordinated by brokers. Brokers are particularly beneficial to homebuyers who require further guidance for the first time. Multiple brokers have access to advanced credit scoring systems, which allow many lenders to obtain mortgage loans at simultaneously, thus accelerating and streamlining their procedure.

People with outstanding financial history can obtain more competitive refinancing conditions with the help of a broker, while people with a less unprofitable loan can acquire better loan possibilities with the aid of a broker. Note that some mortgage brokers are working for fees and prefer lenders who do not offer the best conditions. You can save money by working with a broker if you have solid experience in the acquisition and funding of real estate and feel easy or comfortable closing of a mortgage.

Buy Cheaper Property

A Way to save on Mortgage loan is to buy cheap condo. The average loan amount you have to take is only around the range of $500,000.

Mortgage brokers work with a number of lenders to provide access to different products at a wide range of rates. A good courtier should and will know which lenders have the most stringent loan criteria and will approve your application more likely.

This works fine because it implies that you can compare multiple loan packages with a mortgage broker. You can comprehend the rates of interest, closing costs and other relevant information to help you select the best loan for you.

Sgcompare brokers are listed professionals that match mortgage lenders to borrowers. They try to give the best mortgage rates for homebuyers and homeowners. A Singapore mortgage broker can aid or advise you on the refinancing of a HDB mortgage

At the time, Ang Mo Kio had a five-bedroom BTO set up for the couple with a stipend of $510,000. When their fourth child arrived, James and his wife were faced with the choice of either upgrading their BTO or buying the adjoining two-bedroom apartment next door under the conversion program after a neighbor moved out. The purchase price for the apartment was about $90,000, while James paid $3,000 for the two-bedroom HDB apartment, the same price as a five-bedroom BTO in the same area. 

James recalls that the couple abandoned their BTO allotment in favor of tearing down the walls of two neighboring three-bedroom units to create a jumbo apartment with ample space. For those looking for a cozier, more compact home, a 3-bedroom apartment of 60-65 square meters is the ideal choice.

The most common type of apartment is the 4-room apartment (about 90 square meters), which offers a comfortable living space for young couples and families with children. A 3-bedroom apartment is one or more of these 3-bedroom apartments, where young parents with 1 to 2 children can find plenty of space to rest and play. These apartments usually have 2 bedrooms, including the master bedroom with its own bathroom. 

The 4 bedroom version of this 5 bedroom apartment has 3 bedrooms with private baths, a master bedroom, shared bath, kitchen, living and dining areas and a service yard with oversized storage. This apartment is well suited for medium to large families as it has more space compared to the 4 bedroom apartment. The 5-bedroom apartment has an area of 110 square meters, and large families will appreciate this as they can easily move around and have space for various activities in the house. 

In February 2018, Housing and Development Board (HDB) announced that the occupancy limit for HDB four-bedroom flats (where rents are reduced from the current maximum of nine per person to six per person) will be lowered from 1 May 2018. The HDB occupancy limit for small 3-bedroom flats will remain unchanged at 6 per person (4 per person). 

Eligible first-time buyers of single-family homes who are 35 years or older can choose to buy a new 2-room flat, a resale flat or a CPF flat subsidy for singles with five rooms on the open market. The monthly income limit for these buyers may be raised from $6,000 to $7,000. This is great news if you are not married and your next milestone is to buy a home. 

The HDB has increased the monthly income limit from $12,000 to $14,000 for first-time families who get a new HDB flat for resale. The enhanced CPF flats premium applies to all HDB BTOs and HDB resale flats with no restrictions on flat size in the estate. Existing flat owners can apply for the HDB Conversion Program, which includes two adjoining 3-bedroom flats that can be bought on the resale market.

On 4 March 2020, the Minister of National Development told Parliament that the HDB had lowered the minimum age for single parents who want to buy a BTO flat to 21, so they can now get three-room flats of this type. This article has been updated with the current rules as of 22 March 2021 so that single parents can see at a glance which HDB flats they are eligible for. The HDB conversion scheme to merge two adjoining three-room flats or smaller flats bought on the resale market (AD) is rare as the two title deeds are merged and the flats are not split into separate sales. 

Divorced or widowed Singaporeans who have a 21-year-old child under their legal custody, care or control, who form the “family nucleus” of their children, can purchase an HDB flat under the public scheme. The Proximity Housing Grant (PNG), which was introduced in August 2015 with the aim of promoting close family ties, mutual care and support, can provide newcomers and single families with up to $20,000 ($10,000) if they buy a resale flat within 4km of their parents and children. For single families buying a flat to live with their parents or children, the amount can go from $30,000 to $15,000. 

In the past four years, 4,500 families have shared the same flat with their parents or children in a single apartment block. About $550 million has been provided to 29,600 households through the Proximity Housing Grant (PNG) Proximity Housing Grant program, which was launched in August 2015 to promote close family ties, mutual care and support. 

To apply for a 3Gen apartment, your parents must be the registered occupants of the apartment, and the purpose of the invention is so that you can live with them. Unlike executive apartments, which are a dying breed in the BTO, HDB and 3Gen apartments are new flats invented by our government to encourage us to take care of our parents. An HDB apartment is not for the rich because the occupant of the house is not the property in which it is called. 

With this arrangement, the young couple or parents can save on transportation costs as the grandparents live under the same roof. If only one parent lives in the home, the children can also take care of the grandparents while they are at work. 

Living with parents in a larger apartment not only allows young couples in their 30s to spend more time with their parents but also helps them find more support as they deal with the pressures of raising children and building their careers. The move to build more 3Gen homes complements the Extended Proximity Housing Grant (PNG), which provides families with S$20,000 to encourage them to buy resale homes and live near their parents. There is clear evidence that larger homes are “changing couples’ decisions about having children, or at least that they have no excuse not to care for their aging parents.

Quality of life is often used as shorthand for how good you feel about your life. There are formal procedures for calculating this measure, which includes factors such as economic, social, physical, political and spiritual well-being. Singapore may be the smallest country in Southeast Asia but it has emerged as one of the best places to live in Asia with a very high measure of quality of life.

According to global HR consultancy Mercer, Singapore is the best city in Asia in terms of quality of life. Singapore is also considered the “happiest country in Southeast Asia” according to the World Happiness Report 2018 . The study also revealed that in Singapore, family is the most important unit and despite materialistic goals, family and community always come first. This in turn helps to build a contented and happy society.

Factors affecting quality of life:

Fundamental rights

Certain fundamental rights are enshrined in the Constitution, such as freedom of religion, freedom of expression, and equality. These individual rights are not absolute, but are limited by public interests such as the maintenance of public order, morality, and national security. In addition to the general protection of racial and religious minorities, the special position of the Malays, as the indigenous people of Singapore, is enshrined in the constitution.

The Constitution contains express provisions describing the powers and functions of the various organs of the State, including the Legislature (Section 5), the Executive (Section 6) and the Judiciary (Section 7).

Political and social environment

Singapore is known for its stable political climate. Although it is considered centralist and authoritarian, the political culture is pragmatic, rational and based on the rule of law. The government’s primary goal is the survival and prosperity of the small nation. This often means making unpopular but tough and wise decisions in the interest of the nation. The government believes in being proactive and thinking for the future.

According to Singapore’s founding father Lee Kuan Yew, Singapore has been able to attract about 9000 multinational companies because it offers first world conditions in a third world region. Good governance means having a good system that ensures the survival of the country so that the citizens have a secure life.

Housing 

Housing in Singapore falls into two main categories – public HDB flats (built by the Housing Development Board) and private condominiums/landed properties. The choice of flat purely depends on budget, location, facilities/amenities, transport and personal preferences.

Many expats prefer to live in condominiums and often choose to live near their workplace or their children’s schools. Condominiums are mid-rise to high-rise buildings with stylish exteriors and interiors, 24-hour security, swimming pool, gym, tennis courts, barbecue areas and covered parking. Rent for a three-bedroom condo near the CBD can cost between S$7,100 and S$15,200, while units outside the CBD can cost between S$3,200 and S$6,000. HDB flats, where 90% of Singaporeans live, are a cheaper option. However, they do not have the luxurious amenities like swimming pools or gyms. However, they are often located near shopping malls, food courts/restaurants/hawker centres, a library, supermarkets, clinics and sports/leisure facilities. Expats from India, China and Malaysia often find HDB flats a viable and convenient option.

Singaporean usually prefer to get another private property for investment.  One particular condo is called name. The price of the condo cost between $800,000 to $1,700,000

Singapore is currently in a sweet spot, our policies and politics have worked constructively together and the formula has delivered for us. Not just for one term, but for the long haul.

It is a unique position we are in and by international standards it is not at all “normal”, in fact it is highly abnormal. If we ever lose it and become “normal” like every other country where divisive politics run rampant and politics swings with the political wind from one end to the other, we will have lost a valuable competitive advantage and it will be very difficult for us to ever become special again.

Background and Constitution 

The name Singapura comes from the Sanskrit singha (“lion”) and pura (“city”). According to Malay Annals, this name was given by a 14th century Sumatran prince named Sang Nila Utama who, after landing on the island after a thunderstorm, discovered an auspicious animal on the shore. His chief minister mistakenly identified this creature as a “singha”, or lion. The first recorded settlement dates from the 2nd century AD, the island was an outpost of the empire Sumatran Srivijaya and originally bore the Javanese name Temasek (“sea city”). In the third century, Singapore was referred to in a Chinese account as Pu-luo-chung, or “island at the end of a peninsula”. Temasek (Tumasek) quickly became a major trading settlement, but declined in the late 14th century. Between the 16th and early 19th centuries, Singapore Island was part of the Sultanate of Johor. During the Malay-Portugal wars in 1613, the settlement was set on fire by Portuguese troops. The Portuguese subsequently held control in this century and the Dutch in the 17th century, but for most of this period the island’s population consisted mainly of fishermen.

What is now Singapore was founded by the British in 1918. With the expansion of their rule over India and increasing trade with China in the second half of the 18th century, the British saw the need for a port of call in the region South-East Asia. Sir Stamford Raffles , Lieutenant Governor of Bencoolen established a trading post on his landing on 29 January 1819; on 6 February 1819 he concluded a formal treaty with Sultan Hussein of Johor and the Temenggong, [2] the de jure and defacto rulers of Singapore respectively.

In 1824, Singapore’s status as a British possession was formalized by two new treaties. The first was the Anglo-Dutch Treaty of March 1824, [3] by which the Dutch withdrew all objections to the British occupation of Singapore. The second treaty was concluded in August with Sultan Hussein and Temenggong Abdu’r Rahman, [4] by which the two owners ceded the island to the British in return for increased monetary payments and annuities.

The Straits Settlements and Japanese occupation

Singapore became Straits Settlements, along with Malacca and Penang, the two British settlements in the Malay Peninsula, in 1826 under the control of British India. As a result, British common law applied in Singapore as it did in India, particularly the Penal Code, which was imported from the criminal laws then in force in India [5].

By 1832, Singapore had become the center of government for the three territories. On 1 April 1867, the Straits Settlements became a Crown Colony [6] under the jurisdiction of the Colonial Office in London.

In the following decades, Singapore flourished as a trading post and as an important strategic naval station for the British in the Far East. This was interrupted when Singapore fell to the Japanese on 15 February 1942 and was renamed Syonan (Light of the South). [7] It remained under Japanese occupation for the next three and a half years. During this time, Japanese law applied.

To Self-Government – Birth of the Constitution

British forces returned in September 1945 and Singapore came under the British Military Administration. When the period of military administration ended in March 1946, the Straits Settlements was dissolved. On 1 April 1946, Singapore became a Crown Colony with a new Colonial Constitution. [8] Constitutional powers were initially vested in the Governor, who had an advisory council of civil servants and appointed non-officials. This evolved into the separate executive and Legislative Councils in July 1947. The Governor retained firm control of the colony, but there was the possibility of electing six members of the Legislative Council by popular vote. Therefore, the first election in Singapore was held on 20 March 1948.

When the Communist Party of Malaya tried to take over Malaya and Singapore by force, a state of emergency was declared in June 1948. The state of emergency lasted for 12 years. Towards the end of 1953, the British government appointed a commission at Sir George Rendel, to review Singapore’s constitutional position and make recommendations for changes. The Rendel proposals were accepted by the government and served as the basis for a new constitution that gave Singapore a greater degree of self-government.

The 1955 election was the first active political contest in Singapore’s history. The Labor Front won 10 seats and David Marshall became Singapore’s first Chief Minister on 6 April 1955 with a coalition government consisting of his own Labor Front, the United Malays National Organization and the Malayan Chinese Association. Marshall resigned on 6 June 1956 after constitutional talks in London on achieving full internal self-government failed. Lim Yew Hock , Marshall’s deputy and Minister for Labor, became the Chief Minister. In March 1957 the constitutional mission in London, led by Lim Yew Hock, succeeded in negotiating the main terms of a new Singapore Constitution.

On 28 May 1958, the Constitutional Agreement was signed in London. The British Parliament passed a State of Singapore Act [9] and Singapore’s status was changed from a colony to a state. The Singapore (Constitution) Order-in-Council [10] was enacted and the position of a Yang di- Pertuan Negara as constitutional head of state, a prime minister and a 51-member Legislative Assembly were created.

Self-government was obtained in 1959. In May of that year, Singapore’s first general election was held to elect 51 MPs to the first fully elected Legislative Assembly. The PAP won 43 seats and collected 53.4 percent of the total votes. On 3 June, the new Constitution, which confirmed Singapore as a self-governing state, was enacted by the proclamation of the Governor, Sir William Goode, who became the first Yang di- Pertuan Negara (Head of State). The first government of the State of Singapore was sworn in on 5 June, with Mr. Lee Kuan Yew as Singapore’s first Prime Minister.

Moving 50 years forward, the world have started to notice this tiny red dot. 

Singapore is recognised for these strong factors 

The following factors play an important role in determining the quality of life in a particular country:

  • Political and social environment
  • Economic environment
  • Socio-cultural environment
  • Health and sanitation
  • Schools and education
  • Public services and transport
  • Leisure and recreation
  • Natural environment
  • Consumer Goods
  • Housing
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