The year 2020 has come and gone. But the persistent Covid-19 is still hanging around with no end in sight. The virus is on a recent resurgence this January with cases ballooning worldwide despite ongoing vaccine efforts. On the economic front, Singapore’s GDP has taken another beating with a contraction of 3.8% in the last[…]
2020 Is A Confusing Year 2020 is a confusing year for a lot of people. Due to the pandemic, governments were forced to implement measures that had severe financial repercussions for certain industries. As a result, some companies cannot survive, job losses mount, and there is a ripple effect to this consequence. So, the question[…]
We are living in rather interesting times. While major advancements in science and technology are happening at a neck-breaking speed, some still think that the earth is flat. We are not talking about a few individuals who are trapped on a remote island with no access to civilization. These individuals are members of our society[…]
Are Negative Cash Flow Properties Considered Assets? Whenever housing agents talk about asset progression, it always entails the selling of your current HDB to upgrade to a private residence. However, people like Robert Kiyosaki from Rich Dad and Poor Dad will tell you that the house you are staying in is in fact, a liability.[…]
I am sure you have friends, relatives informing you that executive condominiums are no brainers. If you can afford them and meet HDB’s requirements, you should go ahead and book a unit. However, nobody seems to explain the economics behind how these ECs appreciate over time. To help you understand, I will be going through[…]
I am sure you have come across ads from social media where gurus preach about how you can buy properties in Singapore with little or no money down. In addition to doing that, these properties can even generate positive cash flow and put money into your wallet every month. Properties like these do sound like[…]
There was an article in the Business Times today with regards to the practice of reissuing options by housing developers. Some people from the public have expressed concerns regarding this practice. Why? First, the data submitted to URA may be an inflationary number that does not correspond to real market demand—giving the impression that the[…]
Due to the rising real estate prices, purchasing a property that will net you positive cash flow is getting harder. Do these properties still even exist? How do you also find them in the first place? Well, finding these properties are not tricky. First, all you need to do is to sort out those recently[…]
I am sure that you have come across articles in mainstream media featuring analysts giving their views on the property market. Just how accurate are these analysts? Do they get it right all the time? Or is flipping a coin more accurate than these predictions? Well, let us find out! Analysts Prediction Back In April[…]
Last year, I had the opportunity to meet up with a blog reader. He loved reading my articles and even stayed up late to try to consume as much material as possible. However, before that reader met up with me, he did have some significant concerns. In most of my articles, I will always have[…]
Other than speculators and gamblers, there is another term that is used for buyers who purchased homes during this time. Commonly known as fear of missing out or FOMO in short, it is a form of social anxiety caused when others are in on the action while you are not. With the advent of social[…]
This article is a follow-up piece to my earlier blog post with regards to buyers who had purchased homes during this pandemic. Are they gamblers who are treating the real estate market as a casino because they have nothing to do at home? Or is there a genuine reason for acquiring a home in the[…]