British novelist Joe Abercrombie once said, "I have learned all kinds of things from my many mistakes. The one thing I never learn is to stop making them." To err is human. To repeat the same mistake is human weakness. Out of all the property buying mistakes that home buyers can make, it is not difficult to notice five faults that buyers keep committing over and over … [Read more...]
Property Soul Podcast Episode #2: URA 1Q2018 Statistics
The Urban Redevelopment Authority just released the 1st Quarter 2018 real estate statistics last Friday (April 27, 2018). The media, analysts and industry stakeholders can interpret the way they like. But numbers don’t lie. What are the numbers telling us? Where is the hidden time bomb? I will be sharing 3 things with you in this podcast: 1) The 3 different property … [Read more...]
Selling property buyers dreams and fantasies
I like watching TV and online commercials, especially the award-winning ones from Asia. Those from Japan and Thailand are my favourite. They are always creative and entertaining. The ads can be a funny episode, a humorous situation or a touching story. At times, they keep you guessing until the very end what they are really advertising. (Not sure whether it is the … [Read more...]
How easy is it for Singaporeans to fall victim to herd mentality?
We were waiting for the lift in a shopping mall. Only two lifts were in service for the whole building, including the top few parking levels. More people joined us after they parked their cars. Two families moved next to us. Another three groups stood right behind. The lift on the right was full after it reached the fourth storey. Instead of continuing to go up, it … [Read more...]
4 major concerns over Oxley’s game plan
I attended Oxley Holdings’ 2QFY2018 results briefing last Friday and left the meeting with four concerns regarding the Singapore developer’s strategic directions.1st Concern: New projects have to be launched ASAP Oxley’s quarterly results ending 31 December 2017 was filed with SGX on Thursday evening. Below is the summary of the developer's financial performance comparing with … [Read more...]