It’s the season for rate hikes. This Wednesday (July 27) the Federal Reserve raised another 0.75 basis point for second consecutive month. It vowed to go for more rate hikes to fight the battle against inflation. Taking the hint from the Fed, Singapore banks are likely to follow suit to raise rates like the previous round. After all, this was how the three local banks … [Read more...]
Year of the Rooster Property Strategies
On January 15, over 80 attended the 2017 Singapore Property Strategies and Opportunities in Auctions education seminar organized by Property Club Singapore. My presentation topic was 'Year of the Rooster Property Strategies for Buyers and Investors' that covered the following points: - What are the likely scenarios? - Is the market slowing down or bottoming out? - What … [Read more...]
Important rules to find good bargains at auctions
Auction sale of properties are on the rise in a lackluster market plagued by slow rental and high vacancy. With a worsening economy, both auction properties and mortgagee sales are expected to flourish in 2017. A mortgagee sale happens when the owner of the property defaults on mortgage payment. The mortgage bank then steps in to repossess the property and put it up at … [Read more...]
2017 Singapore Property Strategies and Opportunities in Auctions
2017 Singapore Property Strategies and Opportunities in Auctions An education seminar by Property Club Singapore Synopsis What are the latest trends in the property market? What are the strategies you should adopt in 2017? How do savvy investors look for good bargains at public auctions? Why do owners prefer an auction house to market their properties? What … [Read more...]
5 tips to negotiate for a good bargain (part I)
In a tenants’ market, it is commonplace to see tenants bargaining with landlords for a good rental deal. I shared a private apartment with two flatmates between the years 1999 and 2003. The 1,700 sq ft flat previously tenanted at $2,500 was let go at $1,800 a month after being left vacant for some time, despite the fact that the owner was paying $2,500 every month for the … [Read more...]