Property
COVID-19 Phase 2: To Buy Or Not To Buy Property, That Is The Question
By Stuart Chng  •  June 16, 2020
Finally, today at 715pm, the announcement of Singapore entering Phase 2 of Circuit Breaker re-opening was made! How wonderful that we finally will be getting back much of our freedom - the simple joys in life from eating our food at a coffee shop to bringing our kids to the playground. While this news has brought about much needed cheer and optimism, many property investors waiting on the sidelines caution that this does not fundamentally change the fact that we are heading into uncharted waters in lowered GDP and unemployment figures. By now, it is clear that the world is going through a crisis that's bigger than anything seen since the Great Depression. This message has been echoed by many authorities from our Prime Minister and cabinet ministers, the World Bank and IMF and it doesn't take a genius to point out the obvious implications. So begs the question: Where in the world is it economically safe from COVID-19?...
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By Stuart Chng
Stuart Chng, Senior Associate Executive Director of OrangeTee & Tie, is a renowned leader, real estate broker and personality in the real estate industry. He is a licensed real estate agent, team leader, industry trainer and speaker, columnist for several property newsletters and blogs and is often quoted in media interviews on 938FM, Channel 5, PropertyReport, PropertyGuru and other publications. Throughout his career, he has helped many clients grow their wealth through selecting great property investments and managing their portfolios actively. Stuart has also coached many top million dollar producing agents from different real estate agencies in Singapore.
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