Here comes part two of the new cooling measures show with the government raising five percent Additional Buyer Stamp Duty and lowering five percent for Loan-to-Value on July 5. In the midst of frantic last-minute buyers and discontented industry stakeholders, let me show you the true picture in this video: 1. How analysts prove to be the worst predictors again? 2. … [Read more...]
Singapore property game: The winner takes it all
I used to see property investment as a means to achieve financial freedom. That was also the drive to build my first property portfolio in the 2000s. Sixteen years later, my knowledge on the subject has increased more than tenfold. Now I finally understand that property investment is nothing more than a game. Property: a popular Singapore game Many Singaporeans are … [Read more...]
En bloc sale – the good, the bad and the ugly
Spring Grove is the latest condominium jumping on the en bloc sale bandwagon. Almost every week, there is an announcement of a new privatized HUDC estate or old project putting up for sale. Recent candidates joining the collective sale craze include Braddell View, Pine Grove, Changi Garden, Amber Park, Jervois Gardens, Florence Regency and Normanton Park. Developers are … [Read more...]
When couples can’t agree on properties
"I said go back consider first. Guess what? He bought on the spot!" "I knew this old condo surely got en bloc one. If she could only listen to me once ... " "Tell you to accept the 1st offer you don’t listen. Now the markets like that how to sell?" "Told you to act fast and you couldn’t decide. Now see lah. We missed the boat already!" Do you often hear couples … [Read more...]