The pool of private home buyers is fast shrinking in the current property market. While HDB resale flat prices are on the rise, why are HDB owners not upgrading? Other countries are fighting hard to avoid slipping into recession. In contrast, the economy of Singapore still looks fine at least on the surface. Where have all the private home buyers gone? Private home sales … [Read more...]
2023 Singapore Private Home Market
In case you miss the Meet The Blogger Session last Saturday. We have recorded the presentation and Q&As at the event. Below please find the content of the video. Happy watching! 2023 Singapore Private Home Market (1-hour presentation) Strategies amid interest rate hikes Who should buy and what's worth buying now Are high prices and high rents sustainable? … [Read more...]
When there is no trust, there is nothing left
You suddenly receive an ALL CAPS email from your boss. You are told to do something immediately. No question asked. Do you trust your boss and do it right away? Or you think the email account has been hacked and delete the message? Will you at least go and verify? Such is the case two weeks ago when the CEO of a Silicon Valley startup received urgent messages from the … [Read more...]
How Budget 2023 broke my heart this Valentine’s Day
What's the worst that could happen on Valentine’s Day? No doubt it’s Budget 2023. The front desk was a sea of flowers and goodies. Yet, nothing was for me. The streets were crowded with lovebirds. But I was ineligible for love. The defeated soul went home alone depressed and drained. Still, they broke the bad news about paying more to buy private properties. From tomorrow … [Read more...]
Why people miss the big picture
If you observed the property market long enough, you would notice that homebuyers and investors tend to go with the flow. Many are ready to trust what others said and follow what most people do. However, believing a half-truth is what makes people lose sight of the big picture. We are often carried away by what is happening at this moment. After reading some headlines in the … [Read more...]