“Singapore Govt ‘not averse’ to more property cooling measures if necessary: Desmond Lee” - that was the title of a Straits Times article published last Friday (Jan 17). A few questions pop up in my mind: - Were HDB property cooling measures effective? - Did private property cooling measures work? - Is new property curb a self-fulfilling prophecy? - Do we want property … [Read more...]
Reporting from Shenzhen: How China stimulates the property market
I was in Hong Kong last week. To find out why Hong Kong people flocked to Shenzhen on weekends, I decided to cross the border for a personal experience. Singapore’s infamous train fault There is a Chinese saying that “Good things aren’t heard outside the house. Bad things spread a thousand miles. During this trip, whoever I met, the first thing they mentioned was … [Read more...]
Rate cut and where to park money
Rate cut talks have dominated finance news for over a month now. What a breath of fresh air. It gives us hope after alarming events in the recent global winding of Japanese yen carry trades, or frantic sell-off of equities and cryptocurrencies. Rate cut twists and turns In fact, since end-2022 some analysts have been speculating that Federal Reserve would lower interest … [Read more...]
4 bank valuation facts you don’t know
Am I buying above valuation? That is the question clients asked me lately in our one-to-one property consultation sessions. Buyers often mix up a home’s asking price and fair valuation. Many cannot tell the difference between price and value. In short, price is what we pay for something and value is what it is really worth. Valuation is different for homebuyers and … [Read more...]
GLS Great Singapore Sale and what’s next
The Great Singapore Sale (GSS) has been an annual event in the little red dot since 1994. However, from 2024 the Singapore Retailers Association will not organize any activity. Don’t be disappointed. Great Singapore Sale is still on. In fact, it is everywhere around us though appears in different forms. Singapore inflation under control? A month ago, a new tranche … [Read more...]