It is a currently a buyer's market in #Singapore due to the #Covid19 crisis hence property developers have to price property conservatively.
If you're #Singaporean, here's a thread on why you might want to consider a new private property 🏘️ in Singapore:
🧵👇
If you're #Singaporean, here's a thread on why you might want to consider a new private property 🏘️ in Singapore:
🧵👇
2/ Prior to 2013, people could easily flip #property and make tens of thousands just by buying an option to purchase.
Fast forward to 2013, various measures were introduced (#TDSR, #ABSD, #SSD)
This curbed demand lead to - /3
mas.gov.sg/news/media-rel…
Fast forward to 2013, various measures were introduced (#TDSR, #ABSD, #SSD)
This curbed demand lead to - /3
mas.gov.sg/news/media-rel…
3/ How is the #Singapore #RealEstate market different today?
- Healthy demand and less speculative buying
- Ample liquidity & low interest rates
- Declining unsold supply
- People are upsizing due to Work From Home (#WFH) changes
channelnewsasia.com/news/business/…
- Healthy demand and less speculative buying
- Ample liquidity & low interest rates
- Declining unsold supply
- People are upsizing due to Work From Home (#WFH) changes
channelnewsasia.com/news/business/…
4/ There has been rapid decline of unsold inventory of #Singapore private property from ~35k+ to ~21k unit.
Is #enbloc season is starting again?
Traditionally, enbloc season is a tide that "lifts all boats." Surrounding property prices goes up in tendem
Is #enbloc season is starting again?
Traditionally, enbloc season is a tide that "lifts all boats." Surrounding property prices goes up in tendem
5/ Many of my readers have talked about opportunity cost should they buy private property.
Indeed, #bitcoin , #stocks, #commodities might offer better yields.
However, #Singapore property has a significant advantage in a few areas: /6 ⬇️
Indeed, #bitcoin , #stocks, #commodities might offer better yields.
However, #Singapore property has a significant advantage in a few areas: /6 ⬇️
6/ Unlike other #investment vehicles,
Buying a property in #Singapore allows one to access leverage safely. In some way, it's forced DCA into a SOV without having to worry about serious fluctuations.
Many property owners have made because they don't monitor the price daily.
Buying a property in #Singapore allows one to access leverage safely. In some way, it's forced DCA into a SOV without having to worry about serious fluctuations.
Many property owners have made because they don't monitor the price daily.
7/ If you enjoyed this short thread 🧵 give this post a like.
Let me know of other topics that you would like to hear on #RealEstate.
My DM is open if you're interested in a private property in #Singapore!
Let me know of other topics that you would like to hear on #RealEstate.
My DM is open if you're interested in a private property in #Singapore!
/8 The new One Bernam in #Singapore is a great opportunity to own a #property in the Core Central Region.
DM me to schedule a Zoom session to discuss and/or structure your finances!
DM me to schedule a Zoom session to discuss and/or structure your finances!
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