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 – December 7, 2022
TLDR In 2021, the real estate market saw a surge in demand due to low interest rates and supply chain...
Read More
Jayson Ang – May 8, 2024
Real estate investing is a popular way to build wealth and generate passive income. However, like any investment, it comes...
Read More
Jayson Ang – March 20, 2024
The Singapore property market has long been a sought-after investment destination, with its stable economy and growing population making it...
Read More
Jayson Ang – July 29, 2023
Beyond Marina Bay Sands: Uncovering Singapore's 5 Little-Known Secrets Singapore is a small country with a rich history and culture....
Read More
Jayson Ang – April 28, 2023
TLDR Mdm Sim's decision to trade her four-bedroom house for a two-bedroom condo is explored, highlighting the benefits of right-sizing....
Read More
Jayson Ang – August 11, 2023
TLDR The blog post discusses the challenges Singapore faces in housing affordability, particularly the rising costs of private homes compared...
Read More
Jayson Ang – December 27, 2022
TLDR A comprehensive overview of the real estate market trends, emphasizing the importance of strategic property analysis and investment decisions....
Read More
Jayson Ang – July 14, 2023
Don't Get Scammed: The Top 5 Red Flags To Watch Out For In Singapore's Property Market When it comes to...
Read More
Jayson Ang – July 5, 2023
TLDR When selling your home in Singapore, ensure you pay off your outstanding home loan, refund any CPF monies used,...
Read More
Jayson Ang – December 19, 2022
TLDR Jayson Ang, a reputable real estate agent in Singapore, offers extensive experience and a data-driven approach to guide clients...
Read More
Jayson Ang – November 4, 2023
TLDR Singapore’s property market faces challenges with high prices, especially in private housing. While public housing remains more affordable, the...
Read More
Jayson Ang – December 19, 2022
TLDR The blog post provides valuable insights for first-time buyers on navigating the resale property market in Singapore. It covers...
Read More
Jayson Ang – December 30, 2023
TLDR The Singapore property market has seen a slight dip in private home prices after a significant increase over the...
Read More
Jayson Ang – July 4, 2023
Singapore Luxury Property: 5 Reasons to Add it to Your Trophy Collection When it comes to luxury property investments, Singapore...
Read More
Jayson Ang – December 7, 2022
Buying a home always seems daunting especially such it is a big-ticket item and the prices for private homes can easily...
Read More
Jayson Ang – June 28, 2023
TLDR When considering the "Sell One By Two" property investment strategy, keep in mind that it involves selling your previous...
Read More
Jayson Ang – April 28, 2024
Investing in property is a popular way to build wealth and achieve financial freedom in Singapore. With the right strategies...
Read More
Jayson Ang – July 9, 2023
TLDR When selling a condominium in Singapore, understanding the critical steps is key. First, ensure you are not liable for...
Read More
Jayson Ang – April 3, 2024
Singapore, a melting pot of cultures and culinary delights, is well-known for its diverse food scene. With its strategic location...
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