Disclosure: I am not a property agent, or helping developers sell units, this is just my opinion. As with all investments, please do your homework before making any purchase. This post first appeared on freedomlah.com
I have been looking at shoebox apartments recently with the intention of purchasing a property soon. You may be curious and wonder why.
Well, there is a joke going around that only 2 things in Singapore that are certain. The first one is taxes. And the second one is inflation.
Now, I don’t know about you, but there is no legal way you can avoid taxes. However, there is a way to go about beating inflation, and that is to simply invest, in this case its property.
My Moms Story
Let me share with you a story my mom told me. In 2000, she bought a 2 bedroom condo near the city fringe for