Buying condo is the dream of many in Singapore. It can be upgrading from HDB or buying a home for the first time. Like it or not, the Singapore dream is very humble. It is far from saving humanity or making a mark in a field. Sadly, even a reasonable goal of work-life balance or holistic well-being sounds too ambitious. Our wish is only getting BTO, profiting from it and … [Read more...]
Comparing notes with property investors
As property investors, it is always interesting to meet like-minded individuals. During the process of exchanging personal experiences, we get new ideas and inspirations. For subjects like property investment that have no definite guidelines or standards, comparing notes with others can offer better clarity and more insights. At times, it is thrilling to have an epiphany. … [Read more...]
4 formidable sales tactics
It is not easy to tell the difference between the truth and a sales tactic. To trust or not to trust, that is the question. Singapore is a high trust society. According to the 2024 Edelman Trust Barometer, Singaporeans have high level of trust in the government (77 percent), non-governmental organizations (66 percent), business (63 percent) and media (60 … [Read more...]
Money laundering and weak demand plague private home market
Singapore’s private home market was a pool of stagnant water in the last two months. We can’t blame developers for holding back new launches for three months. After all, it was traumatic in mid-August to sell only 53 units across three new projects during the same first launch weekend. Thanks to high interest rates. Resales volumes are no better. After it peaked eight … [Read more...]
Home buying spree is fading fast
Singapore’s pandemic-fueled home buying fever is cooling faster than what everyone has expected. Last week ended with the shocking news that three new launches sold a total of merely 53 units in their first weekend: - TMW Maxwell sold 7 units out of a total of 324 units (2.2 percent sold) - The Arden sold 27 units out of a total of 105 units (25.7 percent sold) - … [Read more...]