(Article contributed by Ku Swee Yong, CEO of International Property Advisor Pte Ltd.) In May 2019, the government relaxed rules for older people looking to buy old flats using more money from their CPF accounts. The aim of amending the rules was primarily to improve the demand for older flats, so that the value of older flats may be maintained for longer. (Source: MOM Press … [Read more...]
Podcast Ep#18: What Q3 Property Data Tell Us
On October 26, URA released the 3rd quarter 2018 real estate statistics. Let’s study them in details to see what the latest property numbers are telling us. I will share with you four things In this podcast: 1) Where the numbers show the shrinking size of buyers in the market; 2) Why the developers are not doing so well in Q3; 3) Why Rest of Central Region will … [Read more...]