@SGPropertyGuru Group continued its momentum in Q2 2024, with double-digit revenue growth year over year, leading to double-digit Adjusted EBITDA margin. Read about our latest results here https://t.co/dIwcurpOWg #PGRU#CreateWhatsNext#WeAreGurus

If you'd like to learn more, check out our article on the Fed rates:

Thinking about refinancing or buying a new property? Curious how the Fed rate cuts might impact your mortgage? Contact our experts now for a quick and free consultation: https://t.co/apdGEEdFg4

When choosing a new home loan in the current rate environment, it’s best to be nimble: go for a shorter lock-in period or a free conversion option. It’s important to compare the packages from various lenders. PropertyGuru Finance can help with that: https://t.co/pY4rpA0PDi

More importantly, waiting can cost you. As we saw earlier, refinancing now could save you $775 monthly, assuming a 1% cut in your rates. By March 2025, you would have saved $3,100. However, if you were to wait, the rates would need to be below 2.3% to achieve the same savings.

What if rates were to drop further, you ask? First of all, with uncertainties like the economic policies of US President Trump's new administration and the volatility of key indicators such as inflation, predicting what actions the Fed will take in 2025 is anyone’s guess.

It’s not just about the monthly repayments. The lower rates also impact your loan eligibility. Banks use a stress test rate to determine how much you can borrow. A drop in the stress test rate from 4.85% to 4.4% would boost your loan eligibility from $1,042,000 to $1,098,000.

A 1% drop in the interest rate for your mortgage could save you around $775 per month for a $1.5M loan. Add that up, and you’ve cashed $9,300 a year from simply taking advantage of the lower rates! Plug in your own numbers in our SmartRefi calculator: https://t.co/a4wnXEXIaz

Fed rates have a significant impact on the interest rates of home loans in Singapore. That’s because most home loans are tied to SORA (Singapore Overnight Rate Average). When the Fed lowers rates, it reduces global borrowing costs, leading to lower interest rates for mortgages.

The Fed cut its benchmark policy rate in November for the second time this year to 4.5%—4.75%. How does that impact your mortgage here in Singapore?

The US Fed rate cut and what it means for you as a homeowner or homebuyer in Singapore ↓ Thread 🧵

We are pleased to report @SGPropertyGuru Q1 2024 results. Revenue for the quarter was up 12% y-o-y to S$37 million and Adjusted EBITDA margin was up 12% from less than 1% in Q1 2023. Read more here: https://t.co/iuOzba6rVI #PGRU #CreateWhatsNext

We are pleased to report @SGPropertyGuru Q4 and Full Year 2023 results. Revenue grew to $150 million (+11% y-o-y) and our Adjusted EBITDA grew to $19 million, reflecting a 13% margin. Read more here: https://t.co/TXqMDKLSw9.

We are pleased to report @SGPropertyGuru Q3'23 results with revenue of S$39m increasing 13% y-o-y. Our Adjusted EBITDA grew to S$5m in the third quarter 2023, up from S$2 million in the third quarter of 2022. Read more here: https://t.co/PkTOzCF6dE #PGRU #CreateWhatsNext

We are pleased to report @SGPropertyGuru Q2 2023 financial results with a revenue of S$37 million increasing 12% year over year. Our Adjusted EBITDA grew to S$5 million with 113% of incremental year-over-year revenue converted into EBITDA. Read more here: https://t.co/4hI7EBGirX

Will property prices fall, following the increased private housing supply announced during the latest Government Land Sales programme? Our industry experts, Dr Tan Tee Khoon and Dr Lee Nai Jia, share their opinions. https://t.co/6qG08DDaiS

New private home sales in Singapore increased for a third consecutive month in March 2023, while The Continuum opened for preview, with prices starting from $1.4 million.

From Tembusu Grand selling 53% of available units during its launch weekend, to Blossoms By The Park seeing 4,000 people flock to its sales preview, here are all the news stories from 10 to 14 April 2023. https://t.co/wB9K6sw8vS

Prices of HDB resale flats rose at a slower pace in Q1 2023. Meanwhile, private home prices in Singapore grew at a faster pace in Q1 2023.

From rental scams being on the rise, to Golden Mile Complex going for en bloc sale for the second time, here are all the news stories from 28 March to 3 April 2023. https://t.co/0gPYNlvJiN

Tembusu Grand opened for preview on 24 March 2023. Also, the tender for a private assisted living site at Parry Avenue closed on 21 March with four bids received. Here are all the news stories from 21 to 27 March 2023.