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...]
Podcast Ep#23: Returned Units – Who’s The Liar?
Developers have been overstating the sales results of their new projects after last July’s new cooling measures. The situation became out of control in the 4th quarter of 2018. When Credit Suisse published the report “Developer pre-sales: more than meets the eye", the trick was exposed and the truth was finally out. In this episode, we will discuss what caused the deflation … [Read more...]
Podcast Ep#21: Four Property Lessons Learned Last Year
Singapore private residential property market finally has its full year report card when URA released real estate statistics for 4th quarter 2018 early this week. As the year of the dog is coming to a close, let’s review the performance of the housing market and the four lessons we learned last year in this youtube video: Lesson 1: You can’t wrap fire in paper Lesson 2: … [Read more...]
Podcast Ep#20: Another Crap Property News
We have regulations in Singapore governing the property industry. But we don’t have any guidelines in Singapore monitoring the property news. That’s why we see misleading headlines, biased statements and hard-sell advertorials flying everywhere. Last week, there is another piece of crap property news seen all over the place. Let’s cut the crap here and get to the truth in … [Read more...]
Podcast Ep#19: How Reliable Are Property Data?
Every day we read in the media all sorts of property data, research findings and market forecasts. They come from different organisations, authorities, industry stakeholders or government departments. Have you ever wondered how these people come up with those numbers and insights? How reliable are the information and data they provide? Can you trust the official property … [Read more...]