Last Friday (Feb 18) the government announced a list of progressive tax raises in Budget 2022. They aim to generate revenues for the Inland Revenue of Singapore (IRAS) in the coming three years. When I told my friends and relatives overseas about Singapore's latest budget, they all reacted with disbelief. At present, their countrymen are complaining about runaway inflation. … [Read more...]
5 miseries that unfortunate owners are facing
I am writing this blog post for a minority group in our society – the unfortunate owners of private homes. Their number is not small but their voices are not heard. You might say: But these people have money to buy private properties. Most of us can’t afford to live in condos. Some of us don’t even have an HDB flat under our name. Compared with us, their problems are not … [Read more...]
How to spot property gems and make them shine
Forget about what marketers bluff about hidden gems in the property market. We can never be too good doing anything for the first time, especially when it comes to investment. With lack of knowledge and experience, we can have all the money in the world, but still end up buying a lousy property which turns out to be an underperformer in both value appreciation and rental … [Read more...]
Podcast Ep#15: When Is The Best Time To Sell?
Podcast episode 15 is the second part of my presentation "When Is the Best Time To Buy and Sell?" presented at the SMART Expo at Sands Expo & Convention Centre on September 22. I apologize for "shouting" at the top of my voice during the speech because I couldn't hear myself on the stage. Thanks for all of you who answered enthusiastically my question "When is a good … [Read more...]
Podcast Episode #8: Which Nationalities Are The Best/Worst Tenants?
Which nationalities are the best or the worst tenants? Being a landlord since 2002, and through chatting with fellow owners, I have my fair share of tenant stories. Let me clarify that this is not meant to be a racist podcast that stereotypes tenants in Singapore. It is not about stereotypes. It is about believing in somebody who will pay his rent on time, keep the … [Read more...]