Your search results

What is Your Next Step in the Property Market?

Posted by Jayson Ang on December 7, 2022

| 0

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 …

All

Mortgage Interest : The True Cost of Buying and Owning Properties in Singapore

Jayson Ang – March 16, 2023

TLDR When considering buying a property in Singapore, it's crucial to understand the true costs and risks involved. High monthly...

All Buying Tips

Buying a Mega Development Condo? Here are 5 Overlooked Issues You Should Know

Jayson Ang – April 20, 2024

TLDR In the world of mega-developments, living in a large condo with over 700 units can bring challenges like ongoing...

Mandarin Top 5

Singapore’s Top 5 Property Investment Hotspots for 2024

Jayson Ang – April 4, 2024

As one of the world's leading financial centers, Singapore has always been a popular destination for property investment. With a...

All Blog Posts Buying Tips Opinion Selling Tips

6 Indicators and Measures to Determine if Your Home Has Unrecognized Profits

Jayson Ang – November 11, 2024

TLDR The booming real estate market presents opportunities for homeowners to profit from selling their properties. Two key signs that...

Mandarin Top 5

Top 5 : Benefits of Investing in Newer vs. Older Singapore Property Market Condos for International Buyers

Jayson Ang – January 4, 2025

Singapore's property market has always been an attractive investment option for international buyers, thanks to its stable economy, strategic location,...

Mandarin Top 5

Top 5 : Places to See Singapore’s Skyline at Night

Jayson Ang – February 5, 2025

Singapore, a bustling metropolis known for its stunning skyline, offers an array of vantage points to witness the city's architectural...

All Blog Posts Opinion

What Has Been The Most Significant Development In The Real Estate Market In 2022

Jayson Ang – December 24, 2022

TLDR In 2022, the real estate market saw significant interest rate hikes affecting home loan rates. Despite concerns, the market...

All Buying Tips

Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!

Jayson Ang – March 27, 2024

TLDR When considering purchasing an older flat, ensure to thoroughly inspect wet areas for leaks, check balcony conditions, watch out...

Mandarin Top 5

Top 5 Reasons : How Investing in a Luxury Condominium in Singapore Can Boost Your Portfolio

Jayson Ang – January 16, 2025

Investing in a luxury condominium in Singapore is an attractive option for investors looking to diversify their portfolio and enjoy...

Mandarin Top 5

Top 5 Reasons : Why Do Singaporeans Still Flood The Property Market?

Jayson Ang – August 25, 2024

Singapore, a thriving city-state with a robust economy and a strong demand for real estate, has always been an attractive...

Mandarin Top 5

Top 5 Museums in Singapore for Art and History

Jayson Ang – February 29, 2024

Singapore, known for its vibrant culture and rich history, is home to a plethora of museums that cater to art...

All Buying Tips Opinion

Here Are 6 Interesting Facts About The Minimum Occupation Period (MOP) That Not Many People Know About In Singapore

Jayson Ang – May 1, 2024

TLDR When it comes to understanding the Minimum Occupation Period (MOP) set by the Housing Development Board (HDB) in Singapore,...

Mandarin Top 5

Top 5 : Nationalities Of Prime Property Buyers in Singapore

Jayson Ang – November 29, 2024

Singapore, a thriving city-state known for its stable political climate, excellent infrastructure, and strong economic fundamentals, has long been an...