The most shocking news this week is the sudden announcement of Malaysia to terminate the Kuala Lumpur-Singapore High Speed Rail (HSR) project. When Dr Mahathir declared that "Malaysia's decision to scrap the HSR project is final", his words immediately shattered the dreams of developers and home buyers who place high hopes on the value appreciation of properties near the … [Read more...]
Property Soul Podcast Episode #5: Four Lessons Learnt From Old HDB Flats
Recently, there is public concern over what will happen to old HDB flats with less than 60 years in their remaining lease. There are 4 important lessons we learned from this matter. I will cover them in details in this podcast: Lesson #1: HDB flats is for your stay, not for investment. Lesson #2: The days of making big profits from HDB flats are over. Lesson #3: HDB … [Read more...]
4 questions to 5 projections from DBS property report
I read with bewilderment Today newspaper's May 16 article titled “New private homes to cost up to S$2,900 psf on average by 2030: DBS report”. The five projections of DBS on Singapore’s property projections in 2030 caught my attention: 1. Singapore’s population to hit 6.3 million to 6.5 million 2. Homeowners’ incomes to grow at compound growth rate of 1.5 percent to 3.2 … [Read more...]
Property Soul Podcast Episode #4: Mahathir, China Projects and Forest City
This week all eyes are on Mahathir Mohamad after he won the Malaysia General election. While Singaporeans are concerned about any possible change in infrastructure projects with Malaysia, the Chinese have more reasons to worry. During his election campaign, Mahathir already emphasized repeatedly that he will re-exam all China-linked projects in the country. Is Mahathir a … [Read more...]
Property Soul Podcast Episode #3: Should I Buy Near MRT Stations?
Our Transport Minister just announced the building of the new Jurong Region Line. Singapore is going to have 7 MRT lines: North-South, East-West, North-East, Circle Line, Downtown Line, Thomson-East Coast Line and Jurong Region Line. By 2030, there will be 30 interchanges and 170 MRT stations in this Little Red Dot. This podcast covers 3 popular topics that home buyers … [Read more...]