All posts tagged Singapore

What Is Going To Happen To The Property Market In Singapore?

Posted on Mar 6, 2016 in Articles, Property Market by 0 Comments

 

We know property prices have gone down, albeit an 8% dip since the peak of 2013.

There’re plenty of arguments from “experts” (mostly against) if the Singapore Property Market will indeed face another round of severe price correction – low price levels as seen in the 1997 Asian Financial Crisis, the economic stagnation period between 2002 and 2005 and 2008 Global Financial Crisis.

The arguments suggest prospective buyers who are eagerly waiting on the side-lines are looking for answers in the wrong place.

Some arguments have the audacity to suggest buyers, instead of waiting for the “impossible” scenario of a bloody market, they should take advantage of (somewhat) “discounted” prices by developers who are desperately clearing stock today.

Invest Using Common Sense, Conventional Wisdom Sucks

Posted on Aug 26, 2012 in Articles, Investment Strategy, Singapore Property Investment by 1 Comment

Here are 4 of my all-time favorites ‘Conventional Wisdoms That Suck’ for the ordinary investor. Ordinary investor – Defined as one who’s holding a full-time 12-hour back breaking job, dependent on a job income, maybe a family to support, have some money to invest (not a million definitely), dreams of becoming wealthy one day – and WANTS badly to get out of the rat race.

There are tons of information out there on how to invest in property: the internet, books, seminars, newspapers, financial ‘gurus’, property ‘experts’ and even your next-door neighbor. Most of these information contain a grain of truth and a lot of misunderstanding.

I would just like to know ‘how did they do “It” ? How did they fool so many people for so long? How did they get them to believe in ‘it’ even after it was proved time and time again to be a bad idea?  I don’t even remember learning “It” from my late multi-millionaire grandfather. I just realized one day how dumb the conventional wisdom is and questioned why everyone is doing “It”.