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...]
Podcast Ep#22: En Bloc? It’s All Over Now
In this podcast, we will talk about this round of en bloc wave for residential projects, which is fast approaching the end of it. We will look at some facts and data of the en bloc market. When trying to explore the mindsets of en bloc buyers and sellers, I am using the analogy of the different positions of customers and the owner in a restaurant. Next, we will discuss how … [Read more...]
Podcast Ep#21: Four Property Lessons Learned Last Year
Singapore private residential property market finally has its full year report card when URA released real estate statistics for 4th quarter 2018 early this week. As the year of the dog is coming to a close, let’s review the performance of the housing market and the four lessons we learned last year in this youtube video: Lesson 1: You can’t wrap fire in paper Lesson 2: … [Read more...]
Developers have lowered prices. So what?
When everyone is busy with Christmas shopping and year-end travels, developers are trying one last shot to clear as many units as possible from their new launch projects before Christmas. Over the weekend, City Developments targeted young families with workshops for kids at Whistler Grand and The Tapestry sales galleries. The advertisement of Whistler Grand said units are … [Read more...]