Property
Should I buy or rent?
By Property Soul  •  November 24, 2015
A friend recently moved from one rented home to another. The family of four is still staying in a condominium in the east side of Singapore, but this time a better one – it is newer, bigger, and asking for lower rent too. According to the latest SRX Rental Market Flash Report, rents for non-landed private rentals in October 2015 has fallen 5.7 percent from a year ago. Overall, rents are down 13.7 percent compared to its peak in January 2013. How to consider buying or renting? It is a never-ending debate whether one should buy or rent. It is very much an individual choice. As I have mentioned in my book No B.S. Guide to Property Investment, the rent or buy decision is often influenced by four factors: age, lifestyle, finances and the property cycle. Where is the buy-rent breakeven point? If you are a ......
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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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