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[…]
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[…]
I happen to come across this rather interesting opinion piece from Bloomberg. In this article, the author describes that the typical buyer for Treasure at Tampines is no different from a gambler. The author cannot understand the optimism that these buyers have in acquiring a home during this crisis. He equates this behaviour to that[…]
I am sure you have seen advertisements on social media telling you that you can purchase properties with little or no money down. In my earlier article, I have shown you that this is entirely possible. All you need to do is to find the money that is locked up in your assets and liquidate[…]
Purchasing an undervalued property does seem like a no brainer. Buy something cheap, hang on to it for a while and resell it later at market value to lock in your gains. After all, that is where the adage of “buying low and selling high” came from. Although buying low and selling high may seem[…]
In 2012, I had the opportunity to meet up with this client. Back then, I was stationed at one of the sales gallery and was involved in the marketing of that specific project. She dropped by and wanted to do some research and understand more about that particular development. Her objective at the end of[…]
A couple of days ago, I spoke to one of my blog readers whom I met up sometime last year. He mentioned to me that he was waiting for an opportunity to enter the market and purchase a unit at a discounted price. So, when the pandemic came, it became a kind of opportunity. After[…]