If you have followed closely on the price trends of both the private property market and the HDB resale market in 2021, you would have noticed that prices of private properties and HDB resale properties has moved up this year. On the ground, I have also observed that developers had or are intending to increase … Read More
Most of us have used our CPF funds to make payment towards the purchase of our property. We may have use our CPF for payment towards the initial down-payment of the property, for payment towards the stamp duty or as monthly payment for the property’s loan instalment. Whenever we use the CPF funds for such … Read More
In the first 2 quarters of 2021, we have seen the private property price index increased by 3.3% in Quarter 1 and 0.8% in quarter 2 respectively. If we project this increase for the whole of 2021, I think the private property price index may see an increase of 5% to 8%. For property owners … Read More
With the global economy starting to recover from the pandemic, we can expect interest rates to pick up. This will directly affect our mortgage loan and we will be expected to pay more for our monthly mortgage. For those who are already on a very tight budget now (after paying their monthly mortgage) this interest … Read More
Property cooling measures are not something new for Singapore property market. Since more than a decade ago, the government have implemented a series of different cooling measures to keep our property market stable and to prevent a property bubble from forming. These cooling measures are put in place to ensure that property in Singapore remains … Read More
2020 is the year of the pandemic where the economies around the world has taken a big hit. Businesses are affected and people are losing jobs. Some of us can vividly recall back in 2003, where SARS has similarly hit our economy badly. In 2003 period, we observed that the property market was performing badly … Read More
As I progress in life, my daily schedule has become increasingly more hectic. As the years pass by, time seems to pass by even faster too. I realized that time is now the most important resource to me, as it is a non-renewable resource. Once it is spent, I can never get it back. The … Read More
Have you always wanted to be wealthier and healthier but never seems to be able to achieve both together? Some of us may even set yearly resolutions to achieve them. However, as the years pass, these goals seems to be getting further and further away. Why is this so? From my personal experience, just setting … Read More
Over the course of our advisory work, my research partner and I do get this question repeatedly. If I buy a new launch project, will it surely make money? Thus, in our attempt to answer this question (based on the recent property market situation), we have committed our time and effort to study the price … Read More
5 financial lessons from COVID While casually chatting with one of my friends recently, he mentioned that he had never expect the current COVID situation to happen in our lifetime. Worldwide travel restrictions, recession looming, massive lock down etc. Businesses are forced to shut down resulting in livelihoods being affected. For some of us, we … Read More