How do I know home buying sentiments have improved? Answer: When I receive more email asking me which units to buy in a new project than email regretting buying at new launches. If property purchase sentiments are weak, there is a reverse in the number of messages from both sides. Very accurate. No need to conduct any survey. Now is the perfect time to … [Read more...]
PropertySoul.com awarded Top 75 Property Investment Blog
Great news! Your favourite property blog PropertySoul.com has just been awarded as one of the Top 75 Property Investment Blogs in the world! PropertySoul.com is number 23 in the list of 75 and the only winner from Singapore. Awarded by Feedspot, the 75 Best Property Investment Blogs were chosen from thousands of property investment blogs and websites in the planet using … [Read more...]
3 reasons why adjustments to property measures is not a good sign
Last Friday, a press release was jointly issued by Ministry of National Development, Ministry of Finance and Monetary Authority of Singapore to make adjustments to the Seller’s Stamp Duty (SSD) and Total Debt Servicing Ratio (TDSR) framework, with effect from 11 March 2017. 1) The holding period liable for SSD is revised from 4 to 3 years. There is also a 4 percent … [Read more...]
Should Singaporeans be grateful for property cooling measures?
Singapore’s Second Minister for Finance Lawrence Wong said in a Bloomberg TV interview that the government hasn’t “made any movement in the budget” to relax the property cooling measures because “demand remains very resilient” and “property volume in terms of transactions have increased and not decreased”. Sacrificing housing affordability for foreign … [Read more...]
Trust is a scarce commodity in properties
In properties, market confidence determines the boom and doom of the industry. To property buyers and investors, trust can make or break a deal. In this digital world, trust is more valued than ever. Unfortunately, trust is increasingly rare to be found in industry stakeholders and the mass media. Have something up your sleeve? It is interesting to see how the … [Read more...]