Every day we read in the media all sorts of property data, research findings and market forecasts. They come from different organisations, authorities, industry stakeholders or government departments. Have you ever wondered how these people come up with those numbers and insights? How reliable are the information and data they provide? Can you trust the official property … [Read more...]
New launch returned units and 3 mysterious cases
It all started with long queues at the shopping mall roadshow. It took us some time to realize that people are not queuing for popular food or warehouse sale, but for the trackers of National Steps Challenge Season 4 - an initiative by the Health Promotion Board to encourage Singaporeans to be physically active. Getting fit or getting freebies? The first exercise people … [Read more...]
When developer’s new launch becomes emperor’s new clothes
In my latest youtube video “What Q3 Property Data Tell Us”, I mentioned that developers are not doing so well after the July cooling measures, even though they learn to face the reality that buyers are limited and start lowering prices at new launch. How bad are new launches doing? End of September, Qingjian Realty’s 27 percent sales (330 out of a total of 1,206 units) … [Read more...]
Podcast Ep#18: What Q3 Property Data Tell Us
On October 26, URA released the 3rd quarter 2018 real estate statistics. Let’s study them in details to see what the latest property numbers are telling us. I will share with you four things In this podcast: 1) Where the numbers show the shrinking size of buyers in the market; 2) Why the developers are not doing so well in Q3; 3) Why Rest of Central Region will … [Read more...]
Podcast Ep#17: Market Implications of New URA Guidelines
This week the most exciting property news is no doubt the new URA development guidelines for non-landed private residential projects. In this video, we are going to discuss the market implications of the new URA rules for the developers, home buyers and property investors. 1. What are the two major guidelines? 2. Why is it another blow to the developers? 3. What … [Read more...]