June 23 marks the independence of Britain which has finally voted out of the European Union. Other European countries are pledging to stand behind the EU. But deep down they are probably guessing which country will be the next one out. Brexit may start a chain reaction that leads to Frexit, Grexit, Luxexit, Spexit and Swexit. Sorry about my spellings but don’t forget we also … [Read more...]
Think Singapore’s property market is bottoming out? Think again
It is common for international property investors to compare how different property markets perform across the world and take their pick from the shortlisted countries. LaSalle Investment Management recently claimed that "Singapore's property market may be closer to a bottom than Hong Kong". How true is that? The peak and the pit Prices of properties in Hong Kong … [Read more...]
Bad quality properties – a big surprise for home owners
Today my mother called about problems with her flat in Hong Kong again. Since she collected the keys 15 years ago, she has done countless fixing and touch-up of defects in her apartment. Two years ago, the neighbor downstairs complained about water seepage from her master toilet. She spent thousands of dollars to fix it. Next came the second toilet. Again they had to … [Read more...]
Say it until it comes true
In my twelve years studying in a Catholic girls school, I was taught to pray if I need to. Till today, whenever I run into troubles, I just keep praying. And I also visit different temples to say the same prayer just in case. I believe that, in the end, some God will do something. It may have nothing to do with my devotion, but the fact that God just can’t stand my nagging any … [Read more...]
Let 4 traits of monkeys tell you properties in the monkey year
Last year this time, I have written about “The Property Market in the Year of the Goat”. It’ time we reviewed the past year before telling what we will expect in the Year of the Monkey. Year of the Goat: Enough bad news? The strong earth element in the Wood Goat year had posed a big challenge to the world economy. The high disturbance in the global asset market in the last … [Read more...]