I was recently invited to speak at the Investors Exchange organized by BIGScribe - a half-day seminar offering retail investors useful investment advice and concepts from successful investors. I could have chosen the title “7 Common Mistakes of Singapore Property Buyers”. But no one likes to admit that they have made a mistake. So I call it “7 Deadly Sins” instead to … [Read more...]
Dealing with 4 types of tenants from hell
What’s the biggest headache of first time landlords? Slow economy? Soft market? Sibor rise? Bad agent? No tenant? Try again. If you had been a landlord before, you would agree with me that no tenant is still better than bad tenants. As the saying goes, being single is far better than being stuck in a bad relationship. Another tenant from hell Last month I … [Read more...]
Is No Indian No PRC rental discrimination?
Right after settling a social media boo-boo created by an Aussie employee, 99.co's CEO Darius Cheung was quick to divert the media's attention to another sensitive topic - the alleged discrimination of Singapore landlords on Indians and PRC tenants. Telling his story in a blog post, Darius shared how they had been rejected by 20 percent of the landlords just because his wife … [Read more...]
Should I buy or rent?
A friend recently moved from one rented home to another. The family of four is still staying in a condominium in the east side of Singapore, but this time a better one - it is newer, bigger, and asking for lower rent too. According to the latest SRX Rental Market Flash Report, rents for non-landed private rentals in October 2015 has fallen 5.7 percent from a year ago. … [Read more...]
Inside out with condo for rent
I was exhausted after coming back from a week long business trip. So when the kids wanted to watch the movie Inside Out on a Saturday morning, I was most willing to take them to the cinema - I could enjoy a 2-hour nap in my seat! The story of Inside Out develops around a 11-year-old girl Riley whose five core emotions - Joy, Sadness, Disgust, Fear, and Anger – are housed in … [Read more...]