A Tip For Property Speculators

Ask any friends or relatives in Singapore, and at least one of them would tell you that they (or someone they know) have made lots of money from properties. I personally know a friend of a friend who made substantial money from government-subsidized HDB flats, and then went on to own 2 condominiums from the profits of selling the flats. Even Singapore property agents are having a field day, thanks to investors flipping properties.

Based on data from URA, Singapore real estate prices have appreciated significantly in 2010. Although this is not surprising since Singapore real estate and property prices will almost definitely trend up in the long-term due to rising population, tight land space, influx of immigrants and of course, inflation.

The biggest problem for any property investor or speculator is the near impossiblity of trying to time the property market ...still there's more certainty than trying to predict the direction of the SGX stock market though.

At the height of the current global financial crisis, caused by U.S sub-prime problems, Singapore property prices fell an average 30 per cent at the end of 2008 alone. Since then, the prices have risen back up and have infact, surpassed the previous peaks.

Overnight policy changes by the government are also another uncertainty to consider, like the recent cooling measures to implement RPGT and minimum downpayment increase to 30 per cent. Property analysts expect demand to fall as much as 20 per cent this year just because of these moves.

Hence, if you are going to speculate in Singapore property and real estate, or properties anywhere in the world for that matter, always make sure that you have enough reserves to tide you through tough times and sudden policy changes.

Jipaban Online Shopping Mall

While there has been an explosion of blog shops by enterprising bloggers and a handful of online shopping directories, there hasn't been a real online shopping mall per se ...until now.

Jipaban, founded by the same people behind Nuffnang.com - Asia's biggest blog advertising network, is the first real online shopping website in Singapore and houses a wide variety of products and brands, such as Bonito Chico. All the stores are managed by different owners - Jipaban merely provides the platform and helps retailers with the marketing.

What's even more interesting is the creators have cleverly integrated "social networking" features into the shopping experience, e.g. a wish list so friends know what to buy for your birthday, the sharing of product ratings and the ability to easily update friends on your shopping activities on Facebook.

On the flip side, anyone can sign-up to be a retailer and rent a virtual store for a nominal fee. What you get in return is participation in the hottest online shopping fad in Singapore, plus all the magic that happens in the background, like a seamless payment system, full-fledged online shop and advanced analytics.

To see the website in action, head on over now to http://www.jipaban.com.sg

Company Registration and BVI Incorporation

Singapore's highly-skilled workforce, favorable tax regime, extensive FTA network, strategic geographic location and test-bedding opportunities are some of the factors that such potential start-ups wish to leverage upon. Incorporating a company in Singapore is not a complicated process if one has the papers right and skills to meticulously organize and follow up on any developments or queries. Nevertheless engaging an expert is always a prudent approach because when operating on a foreign land familiarity with the system always helps.

Bizcorp Management Pte Ltd, is a leading Business registration and company formation practice in Singapore. Bizcorp provides an array of comprehensive incorporation and business administration services. Its client roster includes companies ranging from sole proprietorship to Multi-National Corporation.

Bizcorp provides a comprehensive business incorporation package right from proposed company’s name search unto registration and preparation of company seal. The service bandwidth expands even beyond incorporation, Bizcorp helps companies with its service to manage ongoing regulatory compliance matters as well as provides accounts management services. Innumerous local entrepreneurs and many foreign companies and entrepreneurs have engaged Bizcorp for their company incorporation requirements and have continued to retain Bizcorp to manage their accounts and compliance matters.

By engaging professional consultancy like Bizcorp, foreign enterprises and entrepreneurs can complete their incorporation process remotely unless some special circumstances requires their presence in Singapore. This enables saving of resources. Apart from saving time and money, the promoters can focus on their core operational tasks which will facilitate an immediate kick start of the business when the company is incorporated. This is a very significant benefit because in the present scenario the ‘time to market’ is an important phenomenon to succeed.

Elaborating on the advantages of engaging an incorporation expert Mr. Jason Chen Director of Bizcorp Management Pte Ltd says, "As we have been managing the incorporation of companies and registrations of businesses of all nature and size from various parts of the world, we have achieved a sort of domain expertise and this makes the whole process seem so much easier. It saves time and money for the client and even before a client incorporates, we can advise whether the move will benefit the client or even which types of entity to choose depending on the nature of business. This way the client is relieved of the procedural nitty-gritty and will be in a position to better streamline their business plan”.

Visit BizCorp Company Registration for more details.

Singapore Accounting & Auditing Firm

Trustnet Alliance is one of Singapore's leading public accounting and auditing firm. The company boasts a team of qualified accountants and auditors, including the much sought CPA professionals.

Trustnet's accounting services include monthly/quarterly/yearly accounts preparation, annual reports, bank account reconciliation, GST advisory, payroll services and management financial reports. Fees for Trustnet's accounting services start from just S$300 a month, depending on the client's volume of transactions.

Trustnet also provides auditing and assurance services for Singapore companies, from SMEs to MNCs and local subsidiaries of listed companies. These include statutory audits, internal audits and special audits. Fees for Trustnet's auditing services start from just S$1,000 for a small-sized company.

For more information, please contact Trustnet Allicance:

Add: 100 Tras Street #09-03, Amara Corporate Tower, Singapore 079027

Tel: +65 6423 0030

Email: support@trustnetalliance.com.sg

Website: http://www.trustnetalliance.com.sg