Throughout my career, compared with being a department head in the management team, it is more satisfying to be an independent property blogger - I have absolute freedom to write what I like, say what I believe is right, and tell the truth from my heart. In return, I receive messages from readers who also bare their heart to share their property stories. Once in a … [Read more...]
The 7 deadly sins of Singapore property buyers
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...]
Are Singapore developers forced to walk a tightrope?
Government Land Sales for residential sites in Singapore just crossed the S$1 billion mark. A 99-year leasehold site in Queenstown Stirling Road was sold at a top bid of S$1.003 billion. (Read article in Bloomberg.) The winning consortium is China’s Nanshan Group and Logan Property (a Chinese developer listed in Hong Kong). Nanshan has been eyeing at the Singapore property … [Read more...]
It’s not bottoming-out. It’s dead cat bounce.
How do I know home buying sentiments have improved? Answer: When I receive more email asking me which units to buy in a new project than email regretting buying at new launches. If property purchase sentiments are weak, there is a reverse in the number of messages from both sides. Very accurate. No need to conduct any survey. Now is the perfect time to … [Read more...]
Keeping the Singapore property dream alive
Business Times published a property feature yesterday that highlights ‘the seven year itch’ of Singaporeans to invest in properties. The property itch is in the DNA of Singaporeans who like new launches and equate owning properties with being rich. Properties represent a significant portion in the wealth of Singaporeans. The performance of the local property market is a … [Read more...]