As property investors, it is always interesting to meet like-minded individuals. During the process of exchanging personal experiences, we get new ideas and inspirations. For subjects like property investment that have no definite guidelines or standards, comparing notes with others can offer better clarity and more insights. At times, it is thrilling to have an epiphany. … [Read more...]
Ep#51 An Interview To Answer Your Property Questions
In this interview by Josh Tan of TheAstuteParent, I will answer your property questions pertaining to the topics below: - Pandemic property craze - Property market data - Why homebuyers make mistakes - Market opportunities - Proximity to MRT - Commercial properties - Shoebox units - The rental market - About tenants You can now watch the podcast below. The video … [Read more...]
Defects inspection tips for home owners: an expert interview
PS = Property Soul WK = Tan Wee Kwang, Founder, Absolute Inspection PS: We see increasingly more reports on defect cases in condos, ECs, BTO and DBSS projects, such as The Sail @ Marina Bay, The Seaview, The Coast, RiverParc Residence, Austville Residences and Trivelis. Some even have to be settled in court. What went wrong? Is the standard dropping for building quality in … [Read more...]
Learning from Hong Kong’s Property Godfather
I was in Hong Kong during Chinese New Year. With 92 percent of the population being Chinese, everyone was taking a break during the public holiday. Not for the property agents. Some agency branches even opened on the first day of Chinese New Year. One of them was Centaline Property Agency (中原地產), a top real estate brokerage firm in Hong Kong. Its founder Shih Wing-ching … [Read more...]
5 reasons why you fail TDSR and how to save yourself
A blog reader shared with me that he had put down a deposit to buy a property for investment. When he applied for a housing loan, to his big surprise, the bank told him that he couldn’t pass the TDSR (Total Debt Servicing Ratio) test. “I thought I was financially sound. How could I possibly fail the stress test?” Another reader was checking with the bank to refinance his … [Read more...]