This blog post will share with you the bloody truth of buyers who overpaid for their homes at new launch. We will also look at condominiums that once set new price record in their respective district during launch and how they are doing now. Caution: This is not another feel good article about Q2 economy grows 14.3 percent or profit jumps 37 percent, compared with … [Read more...]
Behind the “sins” of the property market
The title of this post is inspired by one of the readers who ordered my new book Behind The Scenes of The Property Market online. He asked in his e-mail when he would have “The Sins of the Property Market” delivered to him. I immediately sent him the book because any delay would be a sin. Besides, he is most likely a loyal follower of my blog who got the idea from my old … [Read more...]
How well are developers’ new projects selling?
Normanton Park is the biggest new condominium launch since the start of 2021. Marketers had been bombarding consumers with e-mail, print and online ads for weeks. Before the end of the launch weekend on January 17 Sunday 6 pm, The Straits Times and The Business Times published unanimously a celebratory headline online that read “Normanton Park developer sells nearly a third … [Read more...]
Podcast Ep#41: Only Buy When It’s Cheap
In this video, I will be sharing my two cents on value investing based on my 18 years' experience buying residential properties in Singapore. I will use the analogy of shopping for my favourite clothing brands to drive home a few points: 1. What are the differences between "price" and "value"? 2. When is the best time to buy what you really like? 3. Which are the things … [Read more...]
The courage to find the truth in new launches
This blog post is written solely for readers who want to know the truth. For those who prefer to listen to sweet lies, the bitter truth may be too much for you. Feel free to limit your exposure to property articles published only in the local papers and property portals. Then everything will be fine. It is never easy to deny what we once believe in. We need the intellect and … [Read more...]