Year of the Rooster Property Strategies

On January 15, over 80 attended the 2017 Singapore Property Strategies and Opportunities in Auctions education seminar organized by Property Club Singapore. My presentation topic was ‘Year of the Rooster Property Strategies for Buyers and Investors’ that covered the following points: – What are the likely scenarios? – Is the market slowing down or bottoming out? – What are the strategies … [Read more...]

Infographic – All You Need To Know About HDB Loan And Bank Loan (Guest Post)

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Buying a HDB flat for the first time can be an intimidating experience. It’s probably the first big ticket purchase in your life that will take the next couple of decades to pay off, so you’d definitely want to rake in as much savings as you can. Perhaps you have not really thought about what kind of loan to take up. If you don’t already know, you have a choice between taking up a HDB or bank … [Read more...]

Can’t Get BTO Flat? What Are The Other Options Available?

Applying for a BTO may not be as easy as it seems with many couples trying many times and still can't get the flat they want. BTO stands for Build To Order where the government will launch new flats every 3 months for couples to try their luck in getting one of the units. The November 2016 BTO was especially hot with good areas such as Bedok, Kallang and Bidadari (Toa Payoh). All these locations … [Read more...]

GEPIC 2017 – FREE TICKETS FOR PROPWISE SUBSCRIBERS!

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There will be a Global Economics and Property Investment Convention (GEPIC) 2017 this coming 15 February. This seminar is strictly educational and will provide you an outlook of the economy, property market, and disruptive technology. This year, we have invited 3 renowned speakers to share on the following exciting topics: 1)      The Future of Global Economics – Mr. Song Seng Wun Mr. … [Read more...]

Income Review 2016

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Not many streams of income left in 2016 that will bring me into 2017, having liquidate most of my positions to purchase a second home. Passive income: As can be seen... my passive income dropped from 2016 as compared to previous years. Liquidated most of my assets to get another house which i am currently staying in. So it will be like a fresh start in 2017 when i try to build up my … [Read more...]

Why I think reducing the Starting Land Lease of HDB flats from 99 to 60 years won’t help much

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I bumped into a good friend not too long ago while I was on my way to a seminar. The conversation shifted again to one of the topics that we like to complain incessantly about, which is housing in Singapore is expensive. I made a resolution this year not to get into too many debates that lead nowhere but I do have a takeaway that some frightful things such as the fear of not being able to … [Read more...]

Important rules to find good bargains at auctions

Auction sale of properties are on the rise in a lackluster market plagued by slow rental and high vacancy. With a worsening economy, both auction properties and mortgagee sales are expected to flourish in 2017. A mortgagee sale happens when the owner of the property defaults on mortgage payment. The mortgage bank then steps in to repossess the property and put it up at auctions for … [Read more...]

How I Generated $900 Of Passive Income In Real Estate

There are many ways to invest in real estate and there’s no one right way to invest. People are becoming millionaires and billionaires using this asset class longer than stocks, bonds, and options. With the price of real estate out of reach for many ordinary people, many of you are probably curious to find out how I generated $900 of passive income each month. In this blog post, I’ll discuss how I … [Read more...]

Mr. Propwise’s 2017 Singapore Property Market Outlook

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By Mr. Propwise It’s that time of the year where I take a look back at what’s happened over the past twelve months, then try and say something intelligent about the future direction of the property market over the next year. But this year I’m particularly apprehensive, as 2016 was the year where the majority of forecasters failed to accurately call the most major events such as Brexit and the … [Read more...]

The double-edged sword of foreign property investment

I was invited to speak at the Australia Property Show organized by PropertyGuru at Regent Singapore on November 27, 2016. I have uploaded below the slides from my presentation ‘The Double-Edged Sword of Foreign Property Investment‘. Feel free to browse them and share with me your thoughts. The Double-Edged Sword of Foreign Property Investment from... … [Read more...]

Rental income may not be enough to service the loans; bonds flagged as another concern

Read? Rental income may not be enough to service the loans; bonds flagged as another concern .......... MAS noted, however, that on the whole, households here have an "ample financial buffer" to weather the stress of soft economic and labour market conditions. Still, it warned that as slower growth weighs on earnings, some households might find it harder to service their debts, especially … [Read more...]

Dealing with 4 types of tenants from hell

What’s the biggest headache of first time landlords? Slow economy? Soft market? Sibor rise? Bad agent? No tenant? Try again. If you had been a landlord before, you would agree with me that no tenant is still better than bad tenants. As the saying goes, being single is far better than being stuck in a bad relationship. Another tenant from hell Last month I went for a haircut with my … [Read more...]

$500,000 stuck in a bad commercial space investment!

READER: Hello AK, I have a question regarding real estate that I would like to ask you. I am a responsible investor and does my own homework before making any investment, so I will not make you responsible for any decisions I make. I have it down here in writing so you can have a peace of mind when you reply to my email. I am a stock investor which means I am not familiar with real … [Read more...]

CWG chart looks strong, despite price consolidation (27 Dec 16)

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CWG International Limited (“CWG”), former Chiwayland, closed unchanged at $0.156 on 27 Dec 16. Based on Chart 1 below, notwithstanding the recent price consolidation, all its exponential moving averages (“EMAs”) are still rising strongly, indicative of an uptrend. OBV is at elevated levels despite the price consolidation (i.e bullish). Amid positively place directional indicators, ADX is around … [Read more...]

ThumbTack Investor’s Random Musings – Selling Property, Hand Foot Mouth Disease, Gold, New Blog Links, Advice For Beginners. Yes, It’s Random.

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There hasn’t been any updates on SG TTI for almost 2 weeks, and for good reason. Tons of stuff has been happening that’s keeping me occupied. PROPERTY – I am in the midst of selling a property. Well, not in the midst. More like just started. For privacy reasons, I’m not going to go into specifics, but it is an investment property that I’ve previously stayed in for a few years, then rented out … [Read more...]

2017 Singapore Property Strategies and Opportunities in Auctions

2017 Singapore Property Strategies and Opportunities in Auctions An education seminar by Property Club Singapore Synopsis What are the latest trends in the property market? What are the strategies you should adopt in 2017? How do savvy investors look for good bargains at public auctions? Why do owners prefer an auction house to market their properties? What are other assets you can … [Read more...]

If You were to Renovate your Home again, how Differently will you do it this time?

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One of the early pain points back in 2000 shaped the way I looked at what are things that I value and do not value nowadays. Back then, my parents bought a new flat and like all for flats they don’t come with much so you need to do the work. My dad was especially looking forward, since for people their generation, big homes equate to wealth or you have made it. Being a contractor, he … [Read more...]

Buy 99 years leasehold or freehold property in Singapore?

For home buyers in Singapore, most would qualify for a BTO HDB flat. It gives the best value for money. Even a resale HDB flat is a good deal compared to the sky high asking prices of private condominiums. However, regular readers know that I would caution against buying very old HDB flats. "It's OK lah. I like the location and there is 60 years left to the lease." And how long are you … [Read more...]

Announcing the launch of a revamped blog

Dear readers, PropertySoul.com has been keeping the same web design for the past 6 years. With things slowing down towards the end of the year, I decided to give my blog a new look. After some hiccups to outsource the job, I was determined to DIY for this long overdue project. For 10 days I returned from work early to play with the kids who were on school holiday, then worked on it from 10 … [Read more...]

CPF’s Home Protection Scheme (HPS).

The most significant big-ticket item for my family in 2016 was the purchase of our Executive Condominium (EC), The Terrace, at Punggol Waterway. Like many Singaporeans, being able to upgrade to an EC is our Singapore Dream. Arising from this purchase, we had taken a quite a big mortgage loan from one of the local banks and in the course of doing so, I did some research on mortgage loans. In this … [Read more...]