Below is a letter I wrote to the editor of The Straits Times three weeks ago. Unfortunately, it was not picked up and has never been published in the Straits Times Forum. After the hectic election week, things are back to normal now. Let me share the content of the letter in my personal blog. P.S. The two new home sales tactics of re-issuing OTPs and buyer kickbacks … [Read more...]
The courage to find the truth in new launches
This blog post is written solely for readers who want to know the truth. For those who prefer to listen to sweet lies, the bitter truth may be too much for you. Feel free to limit your exposure to property articles published only in the local papers and property portals. Then everything will be fine. It is never easy to deny what we once believe in. We need the intellect and … [Read more...]
Podcast Ep#23: Returned Units – Who’s The Liar?
Developers have been overstating the sales results of their new projects after last July’s new cooling measures. The situation became out of control in the 4th quarter of 2018. When Credit Suisse published the report “Developer pre-sales: more than meets the eye", the trick was exposed and the truth was finally out. In this episode, we will discuss what caused the deflation … [Read more...]