Author: Property Soul

Seeing the impact of coronavirus on retailers in one day

Singapore moved up coronavirus outbreak alert to orange in the late afternoon last Friday. The next day I went for my routine trip to the wet market after my morning jog. It was crowded with people stocking up on food, especially frozen meat. Their market trolleys had completely blocked the entrance. I had no choice… [read more] The post Seeing the impact of coronavirus on retailers in one day appeared first on Property...

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How coronavirus may impact properties: Lessons from SARS

2020 Year of the Rat is not just another Lunar New Year. Everyone received far more updates on Wuhan coronavirus than auspicious greetings. Instead of last-minute shopping for Chinese New Year goodies, there was a frantic search for surgical masks and hand sanitizers, especially after the Ministry of Health assured the public that there is… [read more] The post How coronavirus may impact properties: Lessons from SARS appeared first on Property...

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Is home ownership irrelevant for Generation Z?

We have been living in the same estate over the last twelve years. When we first moved in, I noticed a middle-age couple and their son staying in the opposite house. I still recalled how this latchkey kid in his primary school uniform returned home alone after school and climbed upstairs to his room. A… [read more] The post Is home ownership irrelevant for Generation Z? appeared first on Property...

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Why are you not rich?

Happy New Year! May your year in 2020 be filled with joy and laughter. In less than a month, it will be Chinese New Year when we wish each other a prosperous lunar new year. But why prosperous? Why do we want our family, friends, colleagues, acquaintance and strangers to do well financially? Is this unique to the Chinese when other races wish each other happiness, peace or good health? What’s wrong with loving money? When I first came to Singapore, I was surprised to see Chinese parents using the Chinese word “fortune” in their son’s name. This is...

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Will the cooling new sales market be frozen 2?

To divert public attention from the recent hot topic of supply glut in the property market, The Straits Times made use of November’s new sales to give developers a face-saving headline: “New private home sales rebound in November amid supply glut: URA data”. (The Straits Times, Dec 16) The article said “Excluding ECs, developers sold… [read more] The post Will the cooling new sales market be frozen 2? appeared first on Property...

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The naked truth of Singapore’s property porn

(Disclaimer: This blog post contains mature content and is restricted to adults age 21 and above. Readers under 21 or immature in sexual or financial intelligence are advised to seek parental guidance before continue reading.) According to HSBC’s 2019 survey, Singaporeans spend an average of over three hours per week on property-related window shopping, reading… [read more] The post The naked truth of Singapore’s property porn appeared first on Property...

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3 common lies property agents tell you

Last month, a PropNex agent was fined S$30,000 and suspended for 12 months by the Council for Estate Agencies (CEA) for being unprofessional and unethical in a property transaction (The Straits Times, Oct 21). The agent in question was found to be telling lies and faking offers and counter-offers in order to pocket a higher… [read more] The post 3 common lies property agents tell you appeared first on Property...

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How to Buy Good Quality Properties Workshop

A Workshop by Property Club Singapore Learn how to pick the best in any condo, EC, BTO or landed project Do you know how to pick the best unit in a condo/EC/BTO project or the best house in the area? Do you know why you can sell or lease your home higher and faster with the right fengshui, direction, facing and layout? Many home buyers have no clue. Are you one of them? The trainer will share with you how to pick good quality properties from her knowledge and experience of seeing a hundred new launch projects and hundreds...

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Podcast Ep#39: Old Wives Tales About The Residential Property Market (Part II)

Thanks for waiting. Here is the second half of the presentation by Mr. Ku Swee Yong, CEO of International Property Advisor Pte Ltd, at the SMART Expo on October 5, 2019. Again the presentation “Old Wives Tales About The Residential Property Market” is busting the six biggest property myths in the industry: – 1st Myth:… [read more] The post Podcast Ep#39: Old Wives Tales About The Residential Property Market (Part II) appeared first on Property...

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Podcast Ep#38: Old Wives Tales About The Residential Property Market (Part I)

Episode 38 is the recording of the first half of the speech delivered by Mr. Ku Swee Yong, CEO of International Property Advisor Pte Ltd, at the SMART Expo on October 5, 2019. His presentation “Old Wives Tales About The Residential Property Market” is busting the six biggest property myths in the industry: – 1st… [read more] The post Podcast Ep#38: Old Wives Tales About The Residential Property Market (Part I) appeared first on Property...

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Podcast Ep#37: Finding Gems In The Property Market (Part II)

Episode 37 is a recording of the second half of my presentation “Finding Gems In The Property Market” at the SMART Expo on 5 October 2019 at Suntec Singapore Convention & Exhibition Centre. I will touch on the following in Part II of my presentation: 1. When were the two times I was passionate about buying in the property market?2. How did people respond to my optimism in property purchase?3. What happens now for new launch projects that had good traffic at preview?4. What are the similarities between going to ROM and visiting sales galleries?5. Can buyers find gems...

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Podcast Ep#36: Finding Gems In The Property Market (Part I)

Episode 36 is a recording of the first part of my presentation “Finding Gems In The Property Market” at the SMART Expo on 5 October 2019 at Suntec Singapore Convention & Exhibition Centre. I will touch on the following in Part I of my presentation: 1. Why are there so many gems in a soft market?2. Who are sharing those “property secrets”?3. What happens to private residential transaction volume?4. What a typical month of HDB and private transactions tells us about property agents?5. How are property agencies contradicting themselves with their quarterly results?6. Why most property buyers only settle...

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What Recession Means for Properties

Last week, Minister in the Prime Minister’s Office Indranee Rajah told the media that Singapore hasn’t slid into recession yet. However, bad news keeps pouring in: Our manufacturing and exports contract sharply in August. Factory outlook from PMI falls to 3-year low in September. 2019 GDP growth is revised further down to between zero and 1 percent. A technical recession (two consecutive quarters of fall in GDP) can be avoided if we do some adjustment on the GDP of this quarter or the previous quarter. Other industries are doing fine if we are not looking at manufacturing and retail...

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See you at SMART Expo on October 5

Dear readers, I will be speaking at the SMART Expo next Saturday, with details as follows: Event: SMART Investment & International Property ExpoDate : 5 October 2019 (Sat) 5 p.m. – 5.45 p.m.Venue: Hall 405, Suntec Singapore Convention & Exhibition CentreTopic: Finding Gems In The Property Market– There are more gems in a soft market. Why and where?– Why most buyers go for average deals– Telling good buys from lousy ones– How to find hidden gems and make them shine Registration is free. Get your free pass here and see you next Saturday! Share...

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Podcast Ep#35: How BTO Fares Against Condo

These days BTO projects and condo projects share a lot of similarities. Putting their pricing aside, let’s examine how they look alike in three areas: 1. Product Packaging; 2. Buyer Incentives; and 3. Sales Performance. You can now watch the podcast below. The video comes with full script or subtitles. If you are watching from your mobile, ensure that the “Caption” function is on. If you are on your desktop, turn on the “cc” button – the leftmost button at the bottom right hand corner. If you like this video, please give me a “Like” and subscribe to my...

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