Am I buying above valuation? That is the question clients asked me lately in our one-to-one property consultation sessions. Buyers often mix up a home’s asking price and fair valuation. Many cannot tell the difference between price and value. In short, price is what we pay for something and value is what it is really worth. Valuation is different for homebuyers and … [Read more...]
GLS Great Singapore Sale and what’s next
The Great Singapore Sale (GSS) has been an annual event in the little red dot since 1994. However, from 2024 the Singapore Retailers Association will not organize any activity. Don’t be disappointed. Great Singapore Sale is still on. In fact, it is everywhere around us though appears in different forms. Singapore inflation under control? A month ago, a new tranche … [Read more...]
2024 new private home market mid-year review
Half of 2024 is gone in the blink of an eye. Is life treating you well so far? My two 2024 family objectives have been accomplished. To ensure my younger child settle well in secondary school and to spend maximum time with the older one before she goes university. I had more personal time in the first half of 2024. Thanks to the quiet real estate market. Homebuyers: … [Read more...]
4 formidable sales tactics
It is not easy to tell the difference between the truth and a sales tactic. To trust or not to trust, that is the question. Singapore is a high trust society. According to the 2024 Edelman Trust Barometer, Singaporeans have high level of trust in the government (77 percent), non-governmental organizations (66 percent), business (63 percent) and media (60 … [Read more...]
Just sold at record high!
Another headline about a property just sold at record high. These days we all desperately want to hear some good news. There is enough bad news around on company layoffs and new condo projects that can’t sell. Luxury projects just sold at record high! The following are common property headlines in local media: “xxxxxxx sold for record price of S$xx million” “xxxxxxx … [Read more...]