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Things to know when buying your first home

Couple moving in new home

Record-low interest rates and government incentives for home buyers have pushed the home prices up despite the COVID-19 pandemic. Source: Getty Images/Morsa Images

The demand for residential properties has swelled amid the government incentives for homebuyers and record-low interest rates, which have driven up prices and competition among buyers. In such a competitive housing market, it’s easy to miss signs of serious problems with the property. So, here's what you need to know when you are out looking for your first home.


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By Amy Chien-Yu Wang

Source: SBS



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The demand for residential properties has swelled amid the government incentives for homebuyers and record-low interest rates, which have driven up prices and competition among buyers. In such a competitive housing market, it’s easy to miss signs of serious problems with the property. So, here's what you need to know when you are out looking for your first home.



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