Singapore’s private home market was a pool of stagnant water in the last two months. We can’t blame developers for holding back new launches for three months. After all, it was traumatic in mid-August to sell only 53 units across three new projects during the same first launch weekend. Thanks to high interest rates. Resales volumes are no better. After it peaked eight … [Read more...]
4 reasons behind the loss of appetite for private homes
Last Monday (August 29), there was an article in The Straits Times titled “Drop in appetite for private homes among some HDB owners”. It said HDB upgraders’ love affair with private properties has cooled in the first half of this year. According to URA’s data, buyers with HDB addresses only bought 3,649 new and resale non-landed private homes. The figure was down 26.2 … [Read more...]
Podcast Ep#32: How Numbers Can Lie
In this episode, I will give you a quick lesson on how to play with numbers. These are tricks not just limited to the use of industry stakeholders in the property market. They are widely adopted by every company, everyone and everywhere. Let me show you how easy they can be learned and applied in real-life. Before you watch the video, see whether you know the answers … [Read more...]