In this podcast, we will talk about this round of en bloc wave for residential projects, which is fast approaching the end of it. We will look at some facts and data of the en bloc market. When trying to explore the mindsets of en bloc buyers and sellers, I am using the analogy of the different positions of customers and the owner in a restaurant. Next, we will discuss how … [Read more...]
Podcast Ep#21: Four Property Lessons Learned Last Year
Singapore private residential property market finally has its full year report card when URA released real estate statistics for 4th quarter 2018 early this week. As the year of the dog is coming to a close, let’s review the performance of the housing market and the four lessons we learned last year in this youtube video: Lesson 1: You can’t wrap fire in paper Lesson 2: … [Read more...]
Developers have lowered prices. So what?
When everyone is busy with Christmas shopping and year-end travels, developers are trying one last shot to clear as many units as possible from their new launch projects before Christmas. Over the weekend, City Developments targeted young families with workshops for kids at Whistler Grand and The Tapestry sales galleries. The advertisement of Whistler Grand said units are … [Read more...]
Property investment is all about timing
When I presented “When Is The Best Time To Buy or Sell?” in September’s SMART Expo, I talked about timing in property investment. I mentioned that property agents often tell you it is impossible to time the market. You may not be able to time the market. But you can never be too good if you can’t tell the difference between a good versus a bad time to buy. You don’t have … [Read more...]
When developer’s new launch becomes emperor’s new clothes
In my latest youtube video “What Q3 Property Data Tell Us”, I mentioned that developers are not doing so well after the July cooling measures, even though they learn to face the reality that buyers are limited and start lowering prices at new launch. How bad are new launches doing? End of September, Qingjian Realty’s 27 percent sales (330 out of a total of 1,206 units) … [Read more...]