By Ku Swee Yong

Can the average Singaporean enjoy a comfortable retirement by investing in property? We recently caught up with Ku Swee Yong, CEO and Director of International Property Advisor Pte Ltd, a real estate family office, to find out his views on the Singapore property market and how to do just that. He has just published his first book, Real Estate Riches – Understanding Singapore’s property market in a volatile economy.

What is your outlook on the Singapore property market for the next 12 months?

I am mildly positive, especially for the mid-tier residential and luxury residential segments. I am seeing more activities and enquiries in the segment of $2 to $5 million with prices in the $1,500 to $2,500 psf range.

Two macro factors have also caused me to turn positive:

1. The unemployment rate remains very low, currently at 1.9%. As Foreign Direct Investment continues ...