As we usher in the lunar new year, property enthusiasts are trying to peep into the crystal ball to see how the market will fare this year. Below are what PropertySoul.com sees in the Singapore property scene in the Year of the Goat (or Sheep). (Disclaimer: I have no vested interest in any property-related company, or influence from any individual in the real estate … [Read more...]
3 property investment mistakes you should avoid in 2015
No matter what your new year resolutions are, it’s time you said goodbye to your bad habits in property investment. If you are buying a private home in 2015, avoid making these three common mistakes. Mistake #1: Rush in and get burnt. According to URA, there are 88,627 uncompleted private residential units (including ECs) in the pipeline. As at 3rd Quarter 2014, 28,120 … [Read more...]
When housing becomes unaffordable for the next generation
Just came back after spending five days in Hong Kong. During the daytime, we didn’t go to any popular sightseeing place except meeting up with friends and relatives. In the evenings, we went back to the hotel to watch the news on TV about the Occupy Central pro-democracy movement. A visit to the occupied zone With clashes between the police and protesters, we had to avoid … [Read more...]
Foreign properties: Why long-distance relationships fail
Tonight inside this dimly lit bar with deafening music, you emptied a bottle of liquor without uttering a single word. Guys drink when they stress over money and relationship. Obviously, you have no luck in both now. First impressions are deceiving From day one when you told me that you fell for this high maintenance girl from a foreign country, I knew you are going to … [Read more...]
Is Jurong Lake District the next hotspot for property hunting?
I have to admit that Prime Minister Lee Hsien Loong’s 10th National Day Rally speech failed to get my attention the whole time. But the moment when I heard our PM said "I thought tonight I should show ... Jurong Lake - at sunset", my heart immediately skipped a beat. He devoted a big part of his speech to paint a heavenly picture of the Jurong Lake District, followed by all … [Read more...]