In this video, I will be sharing my two cents on value investing based on my 18 years’ experience buying residential properties in Singapore. I will use the analogy of shopping for my favourite clothing brands to drive home a few points:
1. What are the differences between “price” and “value”?
2. When is the best time to buy what you really like?
3. Which are the things to buy or to pass when shopping in a big sale?
4. How can we kick out competition and bag what we want?
5. What is the biggest consequence when we buy at the bottom versus at the peak?
You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your mobile, make sure that the “Caption” function is on. If you are on your desktop, turn on the “cc” button – the leftmost button at the bottom right hand corner.
If you like this video, please give me a “Like” and subscribe to my youtube channel.
P.S. For the health of our club members, Property Club Singapore will not be organizing any Year of the Rat seminar or workshops during the coronavirus period. Members can now review seminar videos of 2019 Year of the Pig Property Strategies and 2018 Singapore Property Market for free. Please log in and access them under the “Members Only” page.
Members can continue to learn through our online courses at $299 for each course:
– Buying My First Private Property Online Course
– How to Buy Good Quality Properties Online Course
– Choosing Prime Properties In Singapore Online Course
(Click here to sign up as a member.)
Hi Vina,
I enjoy your video and relates to it as I love shopping for dresses too. However, I would like to know how can I be aware of the “last few” undervalued properties by the developers? Is it through the developer’s marketing agents?
Also, how do I find fire sales in the resale market when the asking prices are always at high when advertised? Do I need to view every unit and then find out from the agent that it’s a value buy?
Sorry if my questions sound very simplistic. Hoping to hear from you!
Every month you know exactly how many units sold or unsold for every new launch project. They are all on the URA website. Under “Property Market Data”, retrieve the monthly data of”Prices of Private Residential Units Sold by Developers”.
With the recession talk, sooner or later most property listings will be advertised with the words “undervalued” and “fire sales” to grab buyers’ attention. Whether the asking price is undervalued or not, you can always check the last few transactions of similar units.
Nice topics to sharing. Enjoyed your videos. 👍
Thanks for watching!