Last Wednesday Federal Reserve announced a quarter-point rate hike as the industry has expected. This is the second approved raise by the central bank this year. There will still be a third round most likely in September. Why rate hike is not a big concern But who cares about the raise of a quarter point? Banks don’t need any excuse to raise interest rate. Mortgage … [Read more...]
3 disruptive trends that will forever change the property industry
Two months ago at SMART Expo, I spoke about '5 Disruptive Trends That Are Changing the Singapore Property Industry'. In my presentation, I shared with the audience how digital technologies like Big Data, Fintech, Virtual Reality and Smart Homes are reshaping the Singapore property market, while highlighting the emergence of the DIY generation. Let me recap 3 of the … [Read more...]
Are Singapore developers forced to walk a tightrope?
Government Land Sales for residential sites in Singapore just crossed the S$1 billion mark. A 99-year leasehold site in Queenstown Stirling Road was sold at a top bid of S$1.003 billion. (Read article in Bloomberg.) The winning consortium is China’s Nanshan Group and Logan Property (a Chinese developer listed in Hong Kong). Nanshan has been eyeing at the Singapore property … [Read more...]
It’s not bottoming-out. It’s dead cat bounce.
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...]