Melbourne and Sydney’s joint housing market slide could contribute to a recession, a leading commentator has declared. Louis Christopher of SQM Research said the deepening downturn was “shaping up to be the worst … we’ve seen since the 1990 recession”, with a peak-to-trough fall of up to 30 per cent potentially on the cards. He […]
Category: Property Investment
HDB BTO Launch in November: Where should you buy?
According to the HDB website, the next BTO launch will take place in November 2018 and will comprise of 5 estates: Tampines West, Sengkang, Yishun, Sembawang and the new town of Tengah. Source: SRX The property portal SRX has forecast the likely price range for each property type based on previous BTO launches: Source: […]
Types of Land Ownership in Singapore
By Joe Wang Freehold, 999 leasehold or 99 year leasehold? These are the common terms you may have heard of when buying a property in Singapore. So what do they mean exactly and what are the implications for you? A Historical Perspective Before we delve into the legal intricacies, let’s take a step […]
A ticking time bomb for property investors
Are property prices in Melbourne and Sydney really going to fall by 40 percent? Well if you believe Channel Nine’s 60 Minutes show last weekend we’re really in for trouble. Here’s how reporter Tom Steinfort opened the segment: “It’s no secret that Australia is experiencing a downturn in the property market. But for Aussies who […]
Penang property prices to drop by 10%
Housing prices in Penang are set to drop by at least 10% with the implementation of the Sales and Service Tax (SST). Real Estate and Housing Developers’ Association Penang (Rehda) hopes to bring down the overall housing prices by 10% for those costing above RM300,000 and 6% for affordable housing. Rehda Penang chairman Datuk Toh […]
Why you should not buy Punggol properties
By Joe Wang The government announced this year the masterplan for the 50ha Punggol Digital District to make Punggol “a hub for key growth sectors of the Digital Economy”. The recent BTO exercise in Punggol saw an overwhelming number of applications for the 3-room and larger flats in Punggol Point and Punggol Woods. Despite the […]
Why invest in Real Estate?
Proven way to grow wealth: Property investment is a trusted and proven way to growth your growth over the years. Many millionaires earn their millions not by working, but by investing in real estate. According to Forbes, the top 10 richest people in Singapore are: Robert & Philip Ng; $11.9 billion Eduardo Saverin; $11.8 billion […]