The property market suddenly runs out of steam: Transaction volumes drop much lower. The private home for sale market is quiet. Condo rental deals also take much longer to close. Even property agents are taken by surprise. What is happening in the property market? How did it happen? Was it because of the 0.4 percent price fall in 2nd quarter flash estimate … [Read more...]
Bad seminars sucks! 4 traits you are joining one
Do you know the differences between useful and useless seminars? A gentleman went twice to our Property Club Singapore seminars. I told him it is more worthwhile to sign up as a lifetime member for $99 and pay member fee to attend all the events. “Better not. I already joined a few property groups and spent a few thousand dollars every time to attend their seminars. They … [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...]
Why we buyers and investors need a club of our own
When I first started blogging about property investment in August 2010, some readers asked me whether I was a property agent. I was puzzled. If property agents can have webpages to market their listings, if property developers can put up websites to showcase their projects, why can't we property investors set up our blog to share experiences among ourselves? Why this blog … [Read more...]
The biggest weakness of property buyers
What do you think is the biggest weakness of buyers when they shop for properties? Lack of experience? Insufficient fund? Age disadvantage? Resident status? Non 1st-time buyer? Not really. For any of the above problems, there is still a way out. The biggest weakness of property buyers is their lack of independent thinking. It is the lack of capability to think for … [Read more...]