The 5 Most Popular Types of Properties to Buy in Singapore
The 5 Most Popular Types of Properties to Buy in Singapore 1. Condominiums: Condos are popular among buyers because they...
Read More
When you flip open the papers or turn on the news nowadays, the common buzzwords are “INFLATION“, ” INTEREST RATE HIKES” & ” LOOMING RECESSION“.
These aforementioned occurrences do intrinsically affect us in varying degrees. With the stability of the economy called into question, people are naturally more prudent in the way they spend their money. As much as our human instincts force us to play it safe during times of uncertainty, what if the best opportunities are present during these times?
Amidst inflation & rising interesting rates, the property market remains absolutely resilient.
As you can see from the two articles below, Liv@MB and Piccadilly Grand are two very recent launches, and the reception was outstanding. Both of them sold more than 75% of the units in just the opening weekend alone.
Why do Singaporeans continue to spend or invest their money in real estate?
If you are sitting here wondering why, what are the secrets they know that you don’t?
For one, people who know what they’re getting into and take action during a crisis or times of uncertainties tend to make more money. If you’d take a look below and see, in the 2016/17 and 2018/19 periods, you’ll notice that the interest rates were at one of their highest points in recent years. See Chart > Private Property Price Index VS SIBOR chart
With that in mind, is it true that if you buy during the peaks of high-interest rates you will not make money or stand to lose out? You will be very surprised to find out that not only did interest rates barely affect anything, there are still people who made staggering profits of over $400,000 like the two examples below – Lakeville and Seaside Residences
You must be asking yourself, why did these people dare to take action?
It is simply because they have knowledge of the real estate market and did their due diligence by assessing their finances & risk involved. That is why it is essential for you to learn before you take any action, especially during this period when there are many lingering uncertainties.
There is a general rule of thumb that 80% watch on as 20% of the people makes money
We can always design our own future instead of falling into the wrong side of the spectrum by default.
DM me here, you’ll learn how you can navigate through crisis and make the right moves on your property journey.
You May Also Like …
Are You Considering Paying Off Your Mortgage Loan Ahead of Time? Is It the Right Financial Move?
For many Singaporeans, owning a property is a dream come true - a milestone in the journey of wealth-building, creating...
Read More
Increase in ABSD April 2023
With the impending rise in ABSD, investment demand will be suppressed in advance, paving the way for local homebuyers to...
Read More
Finding Your Dream Home In The Near Future. Exciting Upcoming Property Launches In The First Half Of 2024
As we approach the tail end of the year, it's natural to start reflecting on what's been and eagerly anticipate...
Read More
Why There’s No Perfect Time to Enter the Market
It's a common belief that the good things in life are worth waiting for. Unfortunately, this isn't the case with...
Read More
Building A World-Class Nation: Top 5 Facts About Singapore’s Developed Infrastructure
Building A World-Class Nation: Top 5 Facts About Singapore's Developed Infrastructure Singapore is known for its high standard of living,...
Read More
6 Essential Tips for Singaporean New Homebuyers
As a first-time homebuyer, it can be difficult to know what to do with so much information online about the...
Read More
What’s The Difference Between An Offer To Purchase And An Option To Purchase?
If you're buying a property, it's important to understand the distinction between an Offer to Purchase and an Option to...
Read More
The 5 Hottest Neighborhoods in Singapore for Real Estate Investment
Hey everyone! Today I want to share with you the 5 hottest neighborhoods in Singapore for real estate investment. These...
Read More
Singapore’s Luxury Real Estate Market: The 5 Most Luxurious Neighborhoods
The 5 most expensive neighborhoods in the city, and are home to some of the most exclusive and opulent properties...
Read More
The Sneaky Role of Property Appraisals in Shaping Singapore’s Home Prices
At times, it feels less like a precise science and more like tossing a set of tarot cards into a...
Read More
Lessons from the Rollercoaster Ride: Homebuyers Share Their Singapore Housing Market Experiences
The Singapore housing market is a lot like a rollercoaster ride – unpredictable and full of ups and downs. Changes...
Read More
5 Points : Singapore’s Property Market vs. Stock Market: Which is the Better Investment Option?
Investing is an important aspect of personal finance and can be a valuable way to grow wealth over time. However,...
Read More
Invest During the Bearish & Exit During the Bullish
Time Truly Flies! As I Write This, We Have Already Passed 2022. Let's Take A Look At The Chart Below....
Read More
An Essential Guide to Buying a Home in Singapore 2023
As you embark on your journey to purchase a house in Singapore, here is an essential guide to buying a...
Read More
How Much You Need to Earn to Afford a Condo 2023
Are you planning to invest in a private property but uncertain about your affordability? Don't worry, I am here to...
Read More
Identifying a Good Investment Property: A Guide
Navigating the real estate market can be tricky, but with a little research and the help of a reliable advisor,...
Read More
Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!
Older flats have their charm, right? They're ready to move into straight away. But remember, they come with a history...
Read More
When Is The Best Time To Buy A New Launch?
The year 2021 was filled with new launches, but 2022 might bring even more surprises! Last year saw 27 new...
Read More
5 Things to Know About Singapore’s Public Housing System
5 Things to Know About Singapore's Public Housing System With over 80% of Singaporeans living in public housing, it's important...
Read More
