The most shocking news this week is no doubt the sudden decision of Malaysia to cancel the Kuala Lumpur-Singapore High Speed Rail project. What are the lessons learned for all of us? How big is the damage with scrapping of the high speed rail? Will it impact the Jurong Lake District development plan? How to survive and find opportunities out of the crisis? We … [Read more...]
How FOMO in the past becomes a regret today
The most shocking news this week is the sudden announcement of Malaysia to terminate the Kuala Lumpur-Singapore High Speed Rail (HSR) project. When Dr Mahathir declared that "Malaysia's decision to scrap the HSR project is final", his words immediately shattered the dreams of developers and home buyers who place high hopes on the value appreciation of properties near the … [Read more...]
Property Soul Podcast Episode #5: Four Lessons Learnt From Old HDB Flats
Recently, there is public concern over what will happen to old HDB flats with less than 60 years in their remaining lease. There are 4 important lessons we learned from this matter. I will cover them in details in this podcast: Lesson #1: HDB flats is for your stay, not for investment. Lesson #2: The days of making big profits from HDB flats are over. Lesson #3: HDB … [Read more...]
4 questions to 5 projections from DBS property report
I read with bewilderment Today newspaper's May 16 article titled “New private homes to cost up to S$2,900 psf on average by 2030: DBS report”. The five projections of DBS on Singapore’s property projections in 2030 caught my attention: 1. Singapore’s population to hit 6.3 million to 6.5 million 2. Homeowners’ incomes to grow at compound growth rate of 1.5 percent to 3.2 … [Read more...]
Property Soul Podcast Episode #4: Mahathir, China Projects and Forest City
This week all eyes are on Mahathir Mohamad after he won the Malaysia General election. While Singaporeans are concerned about any possible change in infrastructure projects with Malaysia, the Chinese have more reasons to worry. During his election campaign, Mahathir already emphasized repeatedly that he will re-exam all China-linked projects in the country. Is Mahathir a … [Read more...]