Are you tempted to chase after surging prices of hot stocks to make some easy money? Do you often jump on the bandwagon of hot investments for fear of missing out any profit? Do you like to check out latest gadgets when you already have similar versions at home? Have you been distracted by any third party when you are in a stable relationship? A fling is an affair that only … [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...]
Will the cooling new sales market be frozen 2?
To divert public attention from the recent hot topic of supply glut in the property market, The Straits Times made use of November’s new sales to give developers a face-saving headline: “New private home sales rebound in November amid supply glut: URA data”. (The Straits Times, Dec 16) The article said “Excluding ECs, developers sold 1,147 units last month, 23.2 percent more … [Read more...]
Podcast Ep#31: Should You Buy When Prices Go Lower?
With mismatch of supply and demand, many new launch projects are priced to sell. Developers are giving away more discounts. The question is: Should we buy now when prices are lower? Let’s discuss three things in this episode: 1) What are the latest prices and unsold stocks? 2) What things get cheaper even when there is inflation? 3) How long will this round of … [Read more...]