Me too strategy is a plan of action that hardly has any differentiation from the mainstream. In other words, one follows what looks popular, or do what everybody else is doing. The reason to adopt me too strategy is often the effect of herd mentality. Me too strategy is widely adopted in the Little Red Dot, especially during property purchase. Why do Singaporeans like to … [Read more...]
Is property the reason why Singaporeans are not among the smartest in the world?
I had an old blog post titled “Is property the reason why Singapore is not among the happiest countries in the world?”. I thought the topic was a bit dry. Unexpectedly, it turned out to be one of the most read posts in my blog. That is not a good sign. It shows that many Singaporeans are not really happy with life. Because normally, people don’t read an article when they … [Read more...]
Is home ownership for everyone?
The Singapore government is planning to reach out to 1,000 HDB rental-flat families to help them buy their own flats. The scheme aims to mitigate income inequality and uplift lower-income families because “home ownership is key to providing stability and progress for families in the long run”. A Home Ownership Support Team will be set up to provide stronger, personalised … [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...]
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...]