One of the key steps in analyzing the property market is being able to understand the supply charts of private residential units. The data can be easily found in the URA website. Below is the supply chart from the 3rd quarter of 2017: According to the paragraph, there is an upcoming supply of 16,700 units to Read More
What Most People Don’t Realize About the Private Property Resale Market
Whenever I meet my clients who are actively searching for a home, they will probably have a set budget and location in mind. They will start to do their own research, comparing sizes and psf pricing and start to make a shortlist. Doing their research, they realize that "Eh, I can actually buy this older resale property - Read More
What I Learned After Over 150 People Contacted Me In 2017
I realized I have this 1st-world problem - no more storage space on my iPhone to take photos. I have to start deleting some photos :( So as I scanned my photo album deciding what photos to delete, I realized I had a lot of meetings with various people and clients throughout this year. When I looked back at the number Read More
What will Record High Land Prices and En-bloc Fever Lead To?
We are now approaching the end of 2017. This year has been a very interesting year especially for someone like me who has been monitoring the property market for the past 10 years. I can safely say that 2017 has been the year of en-blocs and record Government Land Sales (GLS). There are actually a Read More
Staying In A Resale HDB Flat For The Past 5 Years? Then Read On…
In my previous blog post, I wrote about making a decision whether you should consider your primary property as a home OR as an investment? Over the past weekend, I just met up with 3 different families that are facing the same problem. It is not uncommon - happens usually when one bought a resale HDB. (Of course there Read More
Your Primary Residence – Is It A Home or An Investment?
What is "Your Primary Residence"? The place where you seek respite and relief from work responsibilities, the place where you start and grow your family, the place where you seek comfort and relaxation.... is also the place where you probably put a lot of money in in terms of renovation, furniture and the property Read More
Planning to Upgrade to a Bigger HDB? What You Should Know Before Proceeding
A very common upgrading path for some growing families is to upgrade to the bigger HDB flat. What I often see is the 4-room HDB owner moving to a bigger space like an Executive Apartment (EA) or Executive Maisonette (EM). "I want to upgrade to an EA or EM for the bigger space & size because my family is growing Read More
Why This Couple Upgraded And Then Downgraded – Did They Make A Mistake?
Being a property agent for the past 10 years, I have encountered many different issues and stories that the Singaporean home owner faces. I have dealt with various property issues that run the entire spectrum - from straight up losses to massive windfalls. I encountered young couples, middle-aged couples, broken-up Read More
The Curious Case of Two Pasir Ris Condos – Why 1 Condo Lost $300K While Another Makes $100K
Let me introduce to 2 different private 99-year leasehold condos in the east of Singapore. Both of them are located within the same street in Pasir Ris. From the map above, the circled one is Livia condo (TOP in 2011) while the other odd-shaped one is D’Nest condo that is scheduled to hit TOP by 31 Dec Read More
The Opportunity Cost of Holding On To Your HDB Flat
If you have read my previous blog post about the the hidden dangers of accrued CPF interest, you might slowly realize that there is an opportunity cost to holding on to your HDB flat. Assuming you decide to hold on to your HDB flat, a few things will happen. You decide to fully utilize your CPF on your HDB property. Read More