Can I Use CPF funds to pay for second or subsequent residential property? If yes, how should I use my CPF funds? Some of us may desire to finance our retirement or getting another stream of retirement income through property rental income. We may wish to buy more properties so that we can create a … Read more
Besides capital appreciation and rental yield, is there a third way to profit from property investing? In property investment, investors believe they can only profit from it through two different ways. One way is through the capital appreciation of the property value, and the other way is through the rental returns from renting out the … Read more
If property prices of a country go up by 10% in a year, most of us would think that the property prices are getting more expensive and possibly a bubble may be imminent. If property prices move down by say 5%, we may think otherwise that the prices are getting cheaper. This case will be … Read more
On February 2019, I chance upon this Business Times article that illustrate the trend of the median household income from work in Singapore. Over the period from 2013 to 2018, median household income shows an increase of about 3.4% in nominal terms. What got me curious is that with this median income, what is the … Read more
What are the changes? Buyers can possibly now use more of their CPF funds to buy older properties. As long as the property’s remaining lease can cover the youngest buyer till the age of 95. Here is a summary table of the latest changes: In order to ensure buyers will still have enough fund from … Read more
No one will expect to buy a property and hope the value of the property to go down. However, sometimes the market may move in the direction opposite to how we expect it to be. Fluctuations in the property market is inherent and we should expect changes in the property value. What to do … Read more
When I was young, I remember watching this game show called “Who Wants to Be a Millionaire”. As I am watching the show, I was thinking how wonderful it is if I can be a millionaire one day. From the family background I was brought up, I was told that being a millionaire is a … Read more
As shared in the previous article on the 9 important numbers from Singapore in figures 2018, population changes of a country can affect the demand on the residential real estate. I have taken a close look at the recently released population report here from www.singstat.gov.sg. , and extracted some interesting numbers to look at. … Read more
Property investment usually involves huge sum of money and property investment are not as liquid as equities investment. Therefore planning well and giving sufficient considerations before investing is critical to a successful property investment. Before you start investing into any property, do take note of the 5 Mistakes to avoid in property investment. … Read more
Recently I chanced upon this publication: Singapore in figures 2018, compiled by Statistics Singapore. Inside this publication, there are many interesting facts and figures about Singapore population, housing, trade etc. You can find out more information of this publication from www.singstat.gov.sg. I have extracted some of the key segments from this publication, which I think is … Read more
