Recently, I have been conducting a few one-to-one consultation sessions for people who are planning to buy their new home. In general, they all want to know three things - whether they should buy a particular condominium project, whether they can afford to buy, and whether this is a good time to buy. By the way, I really enjoy all these personal consultation sessions. In the … [Read more...]
Be prepared for post-Covid recession
During the May Day Rally, Prime Minister Lee Hsien Loong warned Singaporeans to be prepared for more economic challenges in the year ahead. Because there may be a recession within the next two years. As a small island country, the fate of Singapore is intertwined with and affected by the destinies of many countries. We import most of our supplies overseas and export … [Read more...]
What will happen to private homes with rising interest rates
I have been posting and commenting about rising interest rates on my Property Soul Facebook page since August last year. The first country that raised its interest rate was South Korea, followed by Norway, New Zealand, Poland, Russia, Brazil, The Czech Republic, Singapore, Pakistan, Hungary, Chile, and finally, the US. The next coming up will be Australia and Canada. In the … [Read more...]
Want to quit the Squid Game?
I received a WhatsApp message when it was almost bedtime. The sender was in my team a few years ago. She was a fast learner and a high performer. Like many people these days, she is overwhelmed by work. Besides the never-ending tasks coming from the top, she is stressed by difficult people and office politics. Under high pressure, she feels that she is close to a mental … [Read more...]
More investors are playing Russian roulette
It has been eight months since the first Singapore Covid-19 case was reported on January 23. Together with the rest of the world, we have gone through different scale of travel restriction, country lockdown, shop closure, unemployment and recession. Under the threat of Covid-19, a growing group of fearless investors still stand tall to prove that they are true-blue market … [Read more...]