When I first started blogging about property investment in August 2010, some readers asked me whether I was a property agent. I was puzzled. If property agents can have webpages to market their listings, if property developers can put up websites to showcase their projects, why can't we property investors set up our blog to share experiences among ourselves? Why this blog … [Read more...]
The resurrection of property prices
The past Easter holiday celebrates the resurrection of Jesus Christ from death on the third day, a critical belief in Christianity. By coincidence, the past Easter holiday also marks the resurrection of the purchase price for a private property bought in the mid-1990s by a friend of my father-in-law. I am not surprised that it takes him almost 20 years to break-even. I just … [Read more...]
3 biggest risks buying overseas properties
With the hands of property buyers tied by the TDSR rules, property marketers are making the most of the situation to hold overseas property seminars and exhibitions. I have no intention of selling you any foreign investment opportunity in my blog. Over the years, I have seen too many people who regret buying overseas properties. And their stories show that many buyers do … [Read more...]
Is buying properties a saving plan?
When banks and buyers are having their hands tied by the TDSR framework, local developers are stepping up to slash prices for both new and old units. Amid a softening market, property agents are struggling to look for buyers and close the deal. With a changing landscape, those old sales pitches like 'buy now before prices climb further', 'buy properties to beat … [Read more...]
The what, why and how of properties
Time flies. My little girl turns two today. Happy birthday sweetheart! With a limited vocabulary, her favorite words are “what”, “why” and “how”. And she enjoys dragging the vowels to show her emotions. Here is a typical example: "See what we have in the fridge." "Whaaat?" "Fresh milk or orange juice?" She opens the freezer and points at the … [Read more...]