Course Details

In today’s dynamic real estate landscape, professionalism and financial acumen are essential for real estate salespersons to stand out and deliver exceptional value to clients. This course is designed to elevate the expertise of real estate professionals by equipping them with essential knowledge of Singapore’s property financing framework.

With evolving regulatory measures such as the Total Debt Servicing Ratio (TDSR) framework, cooling measures, and financial prudence guidelines, it is crucial for real estate agents to guide clients in making well-informed property purchase and investment decisions. This course will enhance their ability to assess financing options, evaluate mortgage affordability, and refer prudent loan structures tailored to each client’s financial situation.

By understanding mortgage planning, real estate professionals will be able to provide value addede services, ensuring that buyers and investors make sound financial decisions while mitigating risks. This enhanced professionalism not only strengthens client trust but also fosters long-term success in the real estate industry.

By the end of this course, participants will be able to: –
✔ Compute and apply the Total Debt Servicing Ratio (TDSR) framework in property financing, including its key components such as Mortgage Servicing Ratio (MSR), Income weighted average age, Loan-to-value (LTV) limits, Stress test interest rate, Financial Assets
✔ Evaluate client creditworthiness from a bank’s perspective
✔ Compare and contrast different mortgage packages available in Singapore
✔ Identify key factors influencing Singapore’s interest rate movements and mortgage rates
✔ Select suitable loan packages for different client profiles
✔ Develop strategies for early mortgage repayment and cost minimization
✔ Analyze the benefits and risks of refinancing and home equity loans
✔ Understand the integration of mortgage and home content insurance in property financing
✔ Utilize financial calculations and case studies for practical mortgage planning
✔ Explore advanced property financing structures such as using Special Purpose Vehicles (SPVs) for property investments

Course Objective(s):

This course module is designed to provide real estate salespersons with a comprehensive understanding of property tax policies and compliance requirements in Singapore. Participants will gain essential knowledge of various stamp duties, property tax regulations, capital gains tax considerations, and tax rules on rental income. The course will also cover tax filing requirements for real estate practitioners, helping them navigate common filing mistakes and compliance issues. With regular updates reflecting changes in government policies, this course ensures that participants remain informed of the latest regulatory requirements.

By the end of this course module, participants will be able to: –
✔ Understand various Stamp Duties and their applications.
✔ Gain knowledge of Buyer’s Stamp Duty (BSD) and Additional Buyer’s Stamp Duty (ABSD), including affected buyers, affected properties, computation methods, exemptions, and consequences of non-compliance.
✔ Learn about Seller’s Stamp Duty (SSD), its applicability, computations, exemptions, and compliance requirements.
✔ Understand Property Tax for owner-occupied and investment properties.
✔ Recognize the potential impact of a capital gains tax on property investments.
✔ Understand tax rules on rental income, including taxable income and deductible expenses.
✔ Learn tax filing requirements for real estate salespersons, including common mistakes, taxable vs. non-taxable income, and allowable deductions.

Course Objective(s):

The Central Provident Fund (CPF) is a comprehensive social security savings plan that many Singaporeans and Permanent Residents rely on for their retirement, healthcare and homeownership needs. This course will focus on CPF policies concerning property ownership. It will equip participants with the essential knowledge of CPF policies relating to homeownership for both HDB and private properties.

By the end of this course module, participants will be able to: –
✔ Differentiate the various CPF policies that affect property purchase and calculate the CPF Housing Withdrawal Limits.
✔ Examine the insurances relating to property under the CPF Schemes.
✔ Interpret the various implications in the event of the death of owners, divorce, and bankruptcy.
✔ Evaluate tax obligations and planning for property agents.
✔ Assess how the CPF Retirement Sum affects property investment & its impact on retirement.
✔ Understand tax rules on rental income, including taxable income and deductible expenses.

Duration: 1 hour (60 minutes)

Section A: 30 MCQs (30 marks).

Section B: Structured Questions (10 marks).

Section C: Case Study (10 marks)