Last Friday, two lucky winners split the $13.6 million prize money from the Toto Hongbao draw. If you were one of them, what would you do with the $6.8 million windfall? For Singaporeans, we would probably pay off our loans first. Then go buy a nice house and a luxury car. Afterall, we are a car proud and property obsessed country. If we ask people joining the long … [Read more...]
Podcast Ep#22: En Bloc? It’s All Over Now
In this podcast, we will talk about this round of en bloc wave for residential projects, which is fast approaching the end of it. We will look at some facts and data of the en bloc market. When trying to explore the mindsets of en bloc buyers and sellers, I am using the analogy of the different positions of customers and the owner in a restaurant. Next, we will discuss how … [Read more...]
Podcast Ep#21: Four Property Lessons Learned Last Year
Singapore private residential property market finally has its full year report card when URA released real estate statistics for 4th quarter 2018 early this week. As the year of the dog is coming to a close, let’s review the performance of the housing market and the four lessons we learned last year in this youtube video: Lesson 1: You can’t wrap fire in paper Lesson 2: … [Read more...]
Podcast Ep#17: Market Implications of New URA Guidelines
This week the most exciting property news is no doubt the new URA development guidelines for non-landed private residential projects. In this video, we are going to discuss the market implications of the new URA rules for the developers, home buyers and property investors. 1. What are the two major guidelines? 2. Why is it another blow to the developers? 3. What … [Read more...]
Podcast Ep#12: Six Reflections From Recent HDB Talk
During his speech at the National Day Rally 2018, our Prime Minister announced the new VERS (Voluntary Early Redevelopment Scheme) which allows HDB owners to sell their flats en bloc to the government before the lease expires. Since I am not doing my podcasts here to garner election votes, we can go straight to the point to unveil all the beautiful misunderstandings of HDB … [Read more...]