We all heard of the saying “cash is king”. It is especially true at this point of time. To cope with rising inflation, the Monetary Authority of Singapore has gone ahead with three rounds of monetary tightening. Each round resulted in further reduction of money supply. Suddenly, cash becomes precious. Everywhere people are looking for cash now. The old trick of money … [Read more...]
Can you really afford that property?
Recently, I have been conducting a few one-to-one consultation sessions for people who are planning to buy their new home. In general, they all want to know three things - whether they should buy a particular condominium project, whether they can afford to buy, and whether this is a good time to buy. By the way, I really enjoy all these personal consultation sessions. In the … [Read more...]
What will happen to private homes with rising interest rates
I have been posting and commenting about rising interest rates on my Property Soul Facebook page since August last year. The first country that raised its interest rate was South Korea, followed by Norway, New Zealand, Poland, Russia, Brazil, The Czech Republic, Singapore, Pakistan, Hungary, Chile, and finally, the US. The next coming up will be Australia and Canada. In the … [Read more...]
Want to quit the Squid Game?
I received a WhatsApp message when it was almost bedtime. The sender was in my team a few years ago. She was a fast learner and a high performer. Like many people these days, she is overwhelmed by work. Besides the never-ending tasks coming from the top, she is stressed by difficult people and office politics. Under high pressure, she feels that she is close to a mental … [Read more...]
More investors are playing Russian roulette
It has been eight months since the first Singapore Covid-19 case was reported on January 23. Together with the rest of the world, we have gone through different scale of travel restriction, country lockdown, shop closure, unemployment and recession. Under the threat of Covid-19, a growing group of fearless investors still stand tall to prove that they are true-blue market … [Read more...]