On September 10, Minister for National Development Lawrence Wong announced higher CPF grants and higher income ceilings for HDB and EC homebuyers. The new policies make it more attractive to buy new BTO flats and HDB resale flats. Can old HDB resale flat owners really benefit from the additional CPF grants? Who are the biggest loser the new changes? Let me tell you the … [Read more...]
Podcast Ep#33: Impact of Greater Southern Waterfront
During the 2019 National Day Rally, our Prime Minister shared more details about the future Greater Southern Waterfront project. With 30 km coastline and 2,000 hectares of land, how will it impact the existing and future landscape of properties in the South? In this episode, I will ask Ku Swee Yong, CEO of International Property Advisor Pte Ltd, the following … [Read more...]
Can this ‘CPF Key’ truly unlock the value for old flats?
(Article contributed by Ku Swee Yong, CEO of International Property Advisor Pte Ltd.) In May 2019, the government relaxed rules for older people looking to buy old flats using more money from their CPF accounts. The aim of amending the rules was primarily to improve the demand for older flats, so that the value of older flats may be maintained for longer. (Source: MOM Press … [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...]
Podcast Ep#31: Should You Buy When Prices Go Lower?
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...]