Top 5 : Golden Tips to Spot a Good Investment Property
Investing in real estate can be a lucrative venture, but it's essential to know how to spot a good investment...
Read More
Buying a home always seems daunting especially such it is a big-ticket item and the prices for private homes can easily start at a million dollars.
But when you have the ability to break down the figures and have a clear overview of your financial capabilities in terms of servicing your monthly mortgages, you’ll realise that owning private homes is actually very within reach.
One huge perk of engaging my consultation services is having proprietary financial tools that can assist you in planning well. The tools help you map out your finances easily and provide a vote of confidence to any upgraders looking to take their next step. You are definitely not jumping in blindly!
Let’s take a look at the case study below. Sam & Jane owns an Executive Condominium (EC) and is looking to sell it and buy two properties. How can my proprietary app help them?
With my proprietary calculator app, you can easily work out your finances and determine whether you can afford your target home purchase or should you be looking elsewhere. It takes into consideration based on your cash on hand and the amount in your CPF, and works out your monthly repayment depending on the purchase price of the property you are looking at.
Understanding clearly what your limits are and how comfortable are you with the monthly payments will empower you to make more informed moves.
As you can see from Jane’s breakdown of figures, at the bottom, it clearly details the monthly mortgage repayment needed in the different phases of construction if it is a new launch.
One more point I would like to make, as a matter of fact, an important point that I have been advocating for years;
it is that no matter how hard we work and save up, we can never beat those who make their hard-earned money work for them through property.
This is why I endeavour to equip home-owners with the ability to make informed decisions that will impact their future, both for them and the family!
The average income growth is at an abysmal rate of 2.4% annually (Figure 1), comparing that to those who are able to make phenomenal profits of $300,000 in basically within the span of 3-4 years.
We can safely assume that you and most people would want to make that profit too, right?
Figure 1: Average household income growth (%) from 2002 to 2019
In Figure 2 below, we see the comparison of two similar unit types of condominium projects, albeit different locations, but are equivalent in terms of targeted market audience. We can see that in just a span of less than 5 years, property prices differ so very much. Therefore, your inaction can actually cost you dearly without you even realising it.
And based on the reality of income growth, bonuses and savings, are you able to even generate any amounts close to such returns? The answer is cruel but real.
Now is the optimal time for you to make a life-changing decision, to enjoy a huge leap in this rat race and seize this opportunity to provide your family with the best while you still harness the capacity to work hard, make a decent income and youth to enjoy maximum loan tenure. You don’t have to look at others in envy thinking that they got lucky or are blessed enough to enter the property market and are making a splash, you can be that person too!
Figure 2: High Park Residences (2015) & Parc Clematis (2020) transactions
With so many questions involved, there are many crucial choices to make as a property upgrader. At the end of the day, everyone wants financial freedom, and not to be burdened by monetary issues especially at every stage of one’s life. Attaining financial freedom is definitely possible, with meticulous planning and commitment.
There is so much to benefit from when you make the right choices, and the first right choice to make now is to reach out to me via WhatsApp to explore your options and see how you can make your hard-earned money work for you.
Want to get more infomative articles such as
“Leasehold vs Freehold” or “The correct entry price”?
You May Also Like …
Top 5 Tips : Finding the Right Property: Location, Size, and Price in Singapore Real Estate
Singapore, known for its diverse culture, strong economy, and excellent infrastructure, is a popular destination for real estate investments. The...
Read More
Are You Worried About Overpaying On Your Property? Here’s The Secret To Finding Out Its Perfect Purchase Price!
TLDR Understanding property valuations and their impact on mortgage loans is crucial in the Singapore real estate market. By considering...
Read More
44 Exciting New Condo Launches in 2024 Starting at $1,402!
Alright, let's talk about 2024. We're not expecting the same kind of shortages we've seen after COVID-19. Some folks are...
Read More
Top 5 Factors to Consider When Choosing a Property in Singapore
The top 5 factors to consider when choosing a property in Singapore. Whether you're a seasoned investor or a first-time...
Read More
When Is The Best Time To Buy A New Launch?
TLDR When it comes to new property launches, timing is crucial. Early buyers often secure the best prices due to...
Read More
How to Identify an “Undervalued Property” in Singapore in 2025: 6 Easy Tips
TLDR Undervalued properties are harder to find in Singapore due to market transparency, but deals still exist. Target areas with...
Read More
Why One Family Chose a New Launch 4-Bedroom Unit at Lentor Mansion Over a Resale Condo
TLDR NM’s family chose to buy a 4-bedroom unit at the new launch Lentor Mansion despite elevated condo prices, after...
Read More
7 Lesser-Known ‘Minor’ Condo Problems That Could Lead to Major Issues Down the Line
TLDR When choosing a condo, it's crucial to look beyond MRT station proximity, developer reputation, and price. Overlooked details can...
Read More
Singapore’s Property Insights : Where to Find 5 Hidden Gems?
Singapore's Property Insights : Where to Find 5 Hidden Gems? With its booming economy, vibrant culture and attractive regulations, Singapore...
Read More
Top 5 Must-Know Facts about Luxury Properties in Districts 9 of Singapore
Singapore, a bustling city-state known for its impressive skyline and vibrant economy, has always been an attractive destination for property...
Read More
The High Price of Picking the Wrong Property in Singapore in 2025
The Steep Price Of Making A Mistake When Buying Property In Singapore Are you yearning for a condo, but the...
Read More
Increased Seller’s Stamp Duty (SSD) Rates in Singapore: Implications for Buyers and Sellers
TLDR From July 4, 2025, Singapore reinstates Seller’s Stamp Duty (SSD) rates to 2017 levels, with rates of 16%, 12%,...
Read More
Decoding the HDB Classification: The New Prime, Plus & Standard – What It Means for Singaporeans
TLDR The National Day Rally 2023 introduced a new classification for HDB flats, replacing the old 'mature versus non-mature estates'...
Read More
New Condo Sales Surge: Decoding Singaporeans’ Enthusiasm Despite “High” Prices
TLDR Recent strong condo sales in Singapore, including Emerald of Katong’s 99% take-up during launch, challenge perceptions of unaffordability. Key...
Read More
Top 5 Trends And Developments That Will Shape Singapore’s Property Market In The Next 5 Years
TLDR Singapore’s property market is set for significant transformation over the next five years, driven by rapid proptech adoption, growing...
Read More
Unlock the Potential of Your Home: 5 Reasons to Start Selling Now
TLDR When considering selling your home, several key indicators can help you determine if it's the right time to make...
Read More
Should You Pay Extra for a Private Condo When the EC Next Door Looks Identical?
TLDR Singapore’s executive condominiums (ECs) have improved significantly, now matching private condos in design and facilities but at lower prices....
Read More
Rise In Private Home Ownership Among Those Under 35
TLDR Youth homeownership in Singapore’s private housing sector is rising, with residents under 35 living in private properties hitting 380,459...
Read More
Lessons from the Rollercoaster Ride: Homebuyers Share Their Singapore Housing Market Experiences
TLDR The Singapore housing market is a rollercoaster of unpredictable changes. Three homebuyers share their experiences: Tristan waited too long...
Read More
