All posts tagged Property buyers

Rice and Real Estate – Why today’s property buyers such febrile bunch?

Posted on Jan 5, 2017 in Articles by 0 Comments

There are unavoidable, short to long-term economic forces that are about to deal a devastating blow to our real estate market, our economy and our society.

Yet, throughout history, the market continues its existence of naïve buyers who seem ignorant of what’s already happening or what’s going to happen.

Email from Reader – I feel like I am just stuck unless I buy overseas properties

Posted on Apr 25, 2015 in Articles, Oversea Property Investment by 0 Comments

property scam

Below is an email thread I’ve had with a reader of this site. I changed the name to protect identity. I have inserted extended thoughts from my original reply just so you get a better perspective buying “cheap” overseas properties because you cannot afford one locally.

Read through the email and I bet you will find something that sounds familiar. If you ever want to send me your own questions, do so here.

Email Q & A


(Colin, Reader) – In Singapore, it seems like one needs to have quite a huge down-payment (mostly cash or some CPF), and that’s why so many people are buying overseas properties which requires much less cash on hand. For a typical person like me, after I purchased my own residence, it would take me about 10 years to save up enough cash to purchase a second property in Singapore. By that time prices would have skyrocketed.

So in this case, is it better to invest in overseas properties, or just wait long until one could afford a second property? I feel like I am just stuck unless I buy overseas properties. Look forward to hearing your advice. Thanks in advance.


(Gerald Tay) – Thank you for your email. Your concerns I received very often from readers and valid.
To offer a sincere and most valuable advice for my readers, I’m also frank with my answers to their concerns. I’m not here to win favours or to win arguments on what is right or wrong in what I’m about to share. I’m in this to ensure your survival and prosperity against the odds as a small retail investor.

Sharing –My Investment Journey (Part 4) The Hardest Obstacles

Posted on Oct 23, 2013 in Articles by 0 Comments

Alex’s rejection was one those many rejections I’ve faced in my 2 decades of sales career. Nothing new.

Over the next few months, I worked hard to secure a group of interested investors. I was excited that things seemed to be moving on to my expectations, but unfortunately I encountered more obstacles.

The 8th Property Cooling Measure & the financial implications on Mass Market Buyers

Posted on Jul 7, 2013 in Articles, Property Investors, Property Market by 0 Comments

The 8th Property Cooling Measure & the financial implications on Mass Market Buyers

The government recently announced the 8th cooling property measures to try to subdue the rise of property prices.

After 7 cooling measures and another one again, I think many of us are already immune by now, “Another one again! When’s the next one?”

From my previous writings, I’ve mentioned we do not need a rocket scientist brain to comprehend how hot we are in the property market cycle with so many cooling measures from the government.

As for the magic question ‘To buy or not to buy now’, you would have known by now (I hope you do) if you are going to buy any property today, you will be paying for it very expensively. Unless you do really know how to create a value even with the high price you paid for, or you’re drowning yourself in cash, buying just any property today is like trying to walk yourself across a field of landmines without getting a leg blown off.

What does the 8th Cooling Measure mean technically for you as a borrower?

Posted on Jul 2, 2013 in Articles, Property Market by 0 Comments

What does the 8th Cooling Measure mean technically for you as a borrower

Source: Mr. Propwise

Just in case you missed it…

On the latest property measures regarding loan borrowings announced by the government,  I’m not a certified CPA or mortgage advisor, therefore I’m using the below article with permission to help you understand better how the measures will affect you technically.

I will add my personal thoughts in my next blog.

From Mr. Propwise, (a good friend of mine)

It’s been less than six months since the Seventh Round of Property Cooling Measures and around four months since the hike in high-end property tax rates in Budget 2013, but the property market has not cooled. Developer sales, in particular, are still going strong while the resale market has been steadily recovering since March based on transaction volumes. Prices also stubbornly refuse to come down – the just-released URA flash 2nd Quarter 2013 increase of 0.8% is an acceleration of 0.6% compared to the previous quarter.