I used to see property investment as a means to achieve financial freedom. That was also the drive to build my first property portfolio in the 2000s.

Sixteen years later, my knowledge on the subject has increased more than tenfold. Now I finally understand that property investment is nothing more than a game.

Property: a popular Singapore game

Many Singaporeans are big fans of the property game. We can’t wait to play it.

But how well do we know the rules of the game?

Are we aware of the unwritten rules?

Do we know whether winning is determined by chance, skills, strategy or position in the game?

How many of us are sophisticated players who can see the full picture, visualize the possible scenarios, and anticipate the moves of other players?

Can we stay calm when surrounded by noises of speculators who constantly stir our emotions, make us restlessness, create doubts