Property Investment in Singapore

16/12/2021

Latest cooling measures with effect on 16 Dec 2021.

https://www.mnd.gov.sg/newsroom/press-releases/view/measures-to-cool-the-property-market

16/11/2021

In October, the new private homes sales market saw a rebound in sales, developers sold 909 units (excluding ECs), up by 9% from the 834 units transacted in September. Of note, interest in new homes in the Core Central Region gain traction amongst foreign buyers and investors, likely due to the reopening of borders via Vaccinated Travel Lanes (VTLs).

✅Read full insights here from our Press Release:
https://www.propnex.com/news-details/4661/revival-of-interest-in-central-area-homes-in-october-2021-as-borders-reopen

18/10/2021

The hottest project of the week will Jervois Mansion which is located in District 10. This project is almost 100% sold in a day; left with 1 unit of 5 bedroom.

With the latest GLS at Slim Barrack, it is not surprising that Normanton Park is selling so well with psf starting from as low as $1712psf.

Parc Greenwich, an EC had demonstrated EC's popularity as an entry level for young couple or Hdb upgrader, with less than 238 EC units left in the whole of Singapore.

Reach out for a discussion to understand what suits you best.

18/10/2021

🔴 LATEST: Release by URA Figures for SEPTEMBER 2021 New Homes. Customise your own Infographics!

✨ Developers sold fewer new private homes in September 2021 against a backdrop of rising COVID-19 community cases and lack of new launches in the month. New home sales fell by about 31.4% to 834 units (ex. ECs) from August to September.

Read full insights here from our Press Release:
https://www.propnex.com/news-details/4591/muted-new-home-sales-in-september-2021-due-to-lack-of-new-launches

20/05/2021

Is the partial lockdown making you wonder what you should be doing with your assets?

You might be wondering:

“Where the property market might be heading?”

“Where do I find important insights and data so that I can make the best decisions?”

“As a first time buyer, upgrader or even a property investor, what should I look out for?”

I’m just a message away, and will be most happy to provide you my research and insights to help you out with your burning questions, via zoom consultation or whatsapp 😇

It’s business as usual for me, digitally!💪🏻

Let’s connect today! 🤩

17/02/2021

🔴 (LATEST DATA) Today the Urban Redevelopment Authority (URA) released the new private home sales data for Jan 2021.
Check out our infographics for an overview of the market.

Developers sold 1,609 new private homes (excluding Executive Condominiums) in January, boosted by strong take-up at two new launches Normanton Park and The Reef At King’s Dock. An Executive Condominium (ECs) project – Parc Central Residences EC - that was launched during the month was also well-received by buyers.

The number of new units transacted in January 2021 was 32.2% higher than the 1,217 units sold in December 2020. On a year-on-year basis, new home sales last month were markedly higher, rising by 159.5% from 620 units in January 2020.

✨Read our full insights here: https://bit.ly/2N5s2wR

18/12/2020

New launches boosted developers’ sales in November 2020

Private new home sales increased by 18.9% month-on-month to 767 units (excluding Executive Condos) in November from the 645 units sold in October 2020. When compared against the previous year, new home sales last month were 34.2% lower than the 1,165 units sold in the November 2019. Taken together, developers have sold a total of 8,791 new units in the first 11 months of 2020 – down by 8.1% from the 9,566 units transacted in the corresponding period of 2019.

09/11/2020

Recently I have some discussion with my client-turn-friends. They have observed that there are more and more courses and zoom seminar on real estate investment. It is always the case of own a property with little cash down with high returns.

As these friends of mine are seasonal investors, all of them know real estate in Singapore is not a hit and run case, you need to have a plan, most importantly, an EXIT plan.

So most of the students of these seminar will go for industrial properties which will have ample liquidity (the seminar will provides the student a spreadsheet), so most of the students will buy the same properties but it also means that there won't be much capital appreciation because all these students uses the same spreadsheet. Who will buy from these students? How will these student EXIT? Of course these seminar gurus will reply why the need to sell, it is a passive income.

So basically the idea is simple:
You invest 500K with 80% loan (100k Cash and 400k Loan) and get rental returns of 5%. Approx 25k annually. After paying interest and all other expenses you would make approx 8k annually which is awesome because your ROE is 8%(8k/ 100k) but what you don’t see is that there is no EXIT plan for these properties.

This is more like annuity payments but it comes with lots of risks and rental income is not stable, and you have a 400K liability.
Residential is different because people need houses to stay and you have much more genuine liquidity in the market rather than investment course driven market liquidity.

Please read these articles. Attend courses with a clear mind for full understanding and not get fool by all the so-called gurus out there. The biggest flaw in many of these investment scheme is that there is no EXIT plan.

Always seek a second opinion if not sure. Feel free to give me a call for your second opinion and you don't even have to pay $5 for it 😜😀

27/10/2020

✅ LATEST 3Q 2020 Data from URA: The Singapore property market thrived in Q3 2020 despite the pandemic and economic uncertainties. The sector emerged from the lacklustre performance in Q2 2020 and put up a commendable showing in Q3 2020, as strong local end-user demand for homes underpinned sales and supported prices in both the private residential and public housing segments.

✅ LATEST data from HDB: HDB Resale Price Index showed that resale prices of public housing flats rose by 1.5% in Q3 2020 (see Figure 4), building on the price stability witnessed in the past year. The 1.5% print is also marginally higher than the 1.4% growth indicated in the flash estimate announced on 1 October 2020. For the first nine months of 2020, HDB Resale Price Index has increased by 1.8% from the end of 2019.

19/10/2020

Penthouse living is really not for the faint hearted.

Back in 2015, a penthouse at St Regis Residences was sold by a Japanese property billionaire at a staggering loss of S$15.8 million.

Even though the gross loss for the Wallich Residence penthouse of S$11.8 million, the net loss is much greater after taking into consideration of the ABSD (Additional Buyer's Stamp Duty) and SSD (Seller's Stamp Duty). A quick calculation shows the estimated net loss to be more than S$23 million in total.

On a positive note, it is a shown of confidence in Singapore real restate market from another tycoon injecting S$62 million into the market.

Source: The Business Times, 19 Oct 2020

06/10/2020

10.10 The date that you should be taking note if you are curious with real estate market in Singapore. At the comfort of your home, this 2-days informative Singapore Expo Show will definitely awe you!

Comprehensive programmes include education seminars, fengshui talks, interior design, MasterPlan and many more, definitely there will be more than a topic that will interest you.

Not sure which programme to choose, have a discussion with me and I will recommend the most suitable programmes for you 🙂

Click here for registration --> https://bit.ly/2GBbPvA

25/09/2020

Enbloc enbloc enbloc. Why some developments are easier to get enbloc while some are not?

“Don’t worry,” some sellers might tell you, “older properties mean more en-bloc potential”.And that’s how some buyers end up with 40+ year old properties, that they struggle to sell when said en-bloc doesn’t come to pass.Due...