I had the privilege to visit a friend’s place last night at one of the earliest pilot DBSS project for public housing. There was so much fan fare during its launch in 2006 when HDB said these public housing will be built by private developers and will come with special fittings such as built in […]
It has been 15 years since I started out as a Real Estate Salesperson and I think that I have gained a lot of experience from meeting my many people from different walks of life. My blog section on property investment insights was started to help home owners in their asset and wealth planning. Mainly,
The first week of July 2018 was one of the most frenzy and crazy week for the real estate market. First on Monday, URA released flash estimates for 2Q 2018, with the property price index rising 3.4%, slightly lower than the 3.8% in 1Q 2018, but still reflective of the high momentum in the market.
If I were to ask you “What is the first thing you remember about the real estate market in 2017?” “Crazy en-bloc deals” “Price index going up for the first time after so long” “First time hearing developer running out of units to sell” That’s right, pretty much the same answers I get most of
Meet Alan, 35 years old today and owns a HDB since 2007. He purchased it for $400,000 at that time and has managed to fully pay off today. Together with the wife, they have saved another $200,000 to be used as down payment for a private property, which they will move in to. I was
Point in example, OUE Twin Peaks at Leonie Hill Road, relaunched the project at attractive discounted prices in May 2016. One particular studio unit on #03 was sold for $2300psf. This works out to $1,262.700. Nobody was expecting the cheapest unit to be launched at this price, and it is only one ready investor who
Time is running out for developers who purchased land in 2011 with new government rulings. They only have a five year period to build and fully sell all units by next year, 2017. What happens if they fail to do so? They will face a 10 percent levy on the site’s purchase price plus 5
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