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...]
3 property statements that don’t hold water
I always believe that there are things best leave it to the professionals, such as legal and taxation matters. On the other hand, there are things best to be managed on your own, especially when it comes to finance and investment. I immediately struck a chord with Andrew Craig when I read his book How to Own the World: A Plain English Guide to Thinking Globally and Investing … [Read more...]
Case Study: A curious case of “no money down” property schemes
We present the case of John and his parents. John is an undergraduate student who has taken finance and investment classes that cover a range of asset-types, including real estate. During a family dinner, when discussing a module that John was taking in the university, Real Estate Investments and Finance, his parents divulged that they have made a real estate investment several … [Read more...]
Property investment tricks revealed
Recently, I received many messages from my blog followers asking me to comment on some social media ads promoting free property seminars and investment schemes. When the market is dead quiet, it is not surprising to see frequent appearance of such ads. Although Singapore's real estate market is licensed by CEA and regulated by URA, cleaning up of the industry still has a … [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...]