I had my first tenant since 2002. For more than five years, I was renting out four condominium units at the same time. Over the years, like any multiple-property landlord, I signed tenancy agreements with dozens of tenants on both company and individual leases. I had tenants who were Japanese, Koreans, Europeans, Americans, Indians and Singaporeans. Similarly, I encountered … [Read more...]
Attracting good offers in a competitive property market: An expert interview
Date: October 27, 2014 Venue: A condominium unit in Orchard with home staging in progress Interviewee: Kelvin Yeo, General Manager, Singapore Furniture Rental PS = Property Soul Kelvin = Kelvin Yeo PS: The rental and property price indexes of private residential properties have been on the decline since the second half of 2013. There are four to five thousand completed … [Read more...]
7 tactics to maximize the return of your investment property
(This article is extracted from my book No B.S. Guide to Property Investment, a bestseller at Kinokuniya and Times bookstores.) As an investor, you have two major objectives when you are holding your property: 1. To generate an optimal return from your investment; and 2. To increase its value to be sold at a good profit in the future. To achieve that, you have to maximize … [Read more...]
From being a tenant to being a landlord: What I should have learned
My life as a tenant I arrived in Singapore alone in 1998. I started renting on my own but ended up moving three times in just 13 months. First, it was a common room in an HDB flat for three months. Next, I stayed in the whole 4-room HDB flat (with one room locked up) for ten months. Then I moved to a private apartment sharing with two flatmates. Being new to Singapore, I … [Read more...]
Smart Landlords vs Smart Tenants Education Seminar
Smart Landlords vs Smart Tenants An education seminar by Property Club Singapore Synopsis What are the tax implications when you buy, lease and sell your properties? Do you know that your purchase fund and selling profit can lead to unforeseeable taxable income? How do smart landlords maximize their rental return by saving cost and adding value? How to increase the … [Read more...]