In today's market of rising property prices, the psychology of existing property buyers is actually changing right before my eyes. Instead of being someone who is neutral and able to follow a set budget that is sensible, a lot of these buyers are transforming into people who are being driven by a strong urgency to get a Read More
Property Investment
2020 Review – 7 Lessons From the Pandemic and the Singapore Property Market
For me, 2020 passed in a blink of an eye. I guess when we welcomed a newborn baby girl in early Feb 2020 - time can pass very quickly! I think 2020 will be known as the lockdown year when we stayed at home till we got tired of our own 4 walls. For some people, they picked up new skills like cooking, baking and Read More
COVID-19 and Its Impact On the Singapore Property Market
I am sure you would have seen this headline a few days ago. "Half of developers likely to cut prices of Singapore new launches" - The Business Times, 5 May 2020 I share my thoughts on this article in the FB post below. Basically the headline is based on a survey conducted by NUS. I decided to explore this Read More
What You Must Know About Buying Condos That Are Almost TOP
Recently, I met up with one of my blog readers who asked me whether this particular condo was worth buying. So my followup-question was "Is there any particular reason on why you need to buy this place?" (There was more conversation in between to understand his situation better. But I think it is too long to share Read More
2018 Cooling Measures – What Does It Mean For You?
It has been more then a month since the latest cooling measure kicked in on 5th July 2018. I can still remember the night before - when everyone was rushing to the showflats to immediately make their purchases. For myself personally, I was trying to help my owner to close on a resale unit. The buyer would have Read More
My Detailed Financial Assessment – What You Can Expect
For the past 3 years since writing this blog, I have shared monthly insights on Singapore property based on my experiences on the ground and talking to various property owners. The initial goal for Second Property Investors was to provide value for those who: needs guidance on selecting their second property after Read More
The Impact of New Launches On Surrounding Areas of Your Location
With plenty of en-bloc sales that has happened in 2017 and 2018, developers are now beginning to launch new properties at their newly acquired sites. These new properties will be ready within 2-4 years' time - depending on the developers construction time, marketing efforts and the sales responses. For myself, I have Read More
Why Understanding The Supply Charts of Private Residential Units Is So Important
One of the key steps in analyzing the property market is being able to understand the supply charts of private residential units. The data can be easily found in the URA website. Below is the supply chart from the 3rd quarter of 2017: According to the paragraph, there is an upcoming supply of 16,700 units to Read More
Planning to Upgrade to a Bigger HDB? What You Should Know Before Proceeding
A very common upgrading path for some growing families is to upgrade to the bigger HDB flat. What I often see is the 4-room HDB owner moving to a bigger space like an Executive Apartment (EA) or Executive Maisonette (EM). "I want to upgrade to an EA or EM for the bigger space & size because my family is growing Read More
The Curious Case of Two Pasir Ris Condos – Why 1 Condo Lost $300K While Another Makes $100K
Let me introduce to 2 different private 99-year leasehold condos in the east of Singapore. Both of them are located within the same street in Pasir Ris. From the map above, the circled one is Livia condo (TOP in 2011) while the other odd-shaped one is D’Nest condo that is scheduled to hit TOP by 31 Dec Read More