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.
What is Your Next Step?
Wait & See?
Make a Move Now?
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 …
Jayson Ang – August 21, 2024
Investing in property in Singapore is an attractive option for many, given the country's stable economy and strong demand for...
Read More
Jayson Ang – July 10, 2023
Investment 101: The Top 5 Best Long-Term Values In Singapore's Property Market When it comes to purchasing property in Singapore,...
Read More
Jayson Ang – February 14, 2023
TLDR Understanding the CPF accrued interest on housing loans is crucial for Singaporean homeowners. When using CPF funds to finance...
Read More
Jayson Ang – March 3, 2024
Deciding whether to buy a new development or a resale property can be a challenge. In the next few video...
Read More
Jayson Ang – March 18, 2024
Singapore, known for its stunning skyline and diverse culture, is a melting pot of romantic opportunities just waiting to be...
Read More
Jayson Ang – June 20, 2023
Sentosa's Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore's Premier Island Here are the top 5 reasons...
Read More
Jayson Ang – December 25, 2022
TLDR Singapore offers lucrative property investment opportunities with its stable economy and political climate. To succeed, investors should conduct thorough...
Read More
Jayson Ang – March 15, 2024
TLDR Real estate agents can sometimes use deceptive tactics to push sales. Be cautious of claims about other interested buyers,...
Read More
Jayson Ang – August 11, 2024
Investing in Singapore property has long been considered a lucrative and stable way to build wealth. However, like any investment,...
Read More
Jayson Ang – June 24, 2023
TLDR When trying to sell your home, ensure it is competitively priced based on its unique features and the current...
Read More
Jayson Ang – October 25, 2023
TLDR Parents often seek homes within 1km of desired primary schools to increase enrollment chances. Consider oversubscription rates and population...
Read More
Jayson Ang – March 5, 2023
TLDR The Singapore property market faces challenges with the ongoing en bloc stalemate. Lower success rates, higher development risks, and...
Read More
Jayson Ang – December 14, 2023
TLDR The blog post delves into the complexities of real estate investments using Bob's experiences as examples. It highlights the...
Read More
Jayson Ang – April 1, 2024
Investing in Singapore property can be a lucrative venture for investors, but it's important to avoid common mistakes that can...
Read More
Jayson Ang – May 7, 2024
Singapore's property scene has always been a powerhouse, effortlessly combining the new with the old. It's a real estate playground...
Read More
Jayson Ang – December 10, 2022
TLDR The Singapore real estate market is vibrant, driven by a strong economy, stable business climate, and attractive investment opportunities....
Read More
Jayson Ang – August 21, 2023
TLDR When considering buying a second property in Singapore, ensure eligibility by meeting the Minimum Occupancy Period (MOP) and understanding...
Read More
Jayson Ang – October 3, 2024
Singapore, a vibrant city-state known for its iconic landmarks and bustling urban landscape, is also home to numerous hidden gems...
Read More
Jayson Ang – July 21, 2023
TLDR When it comes to understanding property jargon, it's crucial to familiarize yourself with the specifics of a Tenancy Agreement...
Read More
Jayson Ang – September 24, 2024
Investing in property has long been a popular method for growing wealth in Singapore. With million-dollar HDBs being sold and...
Read More