The Property Market: Expecting More Foreigners to Come to Singapore and Rent?
By Investmoolah  •  May 12, 2023
Looking at the unit sizes of the new launch private apartments in Singapore (they are small!). There are a few observable trends: (i) Units of the same type 2 Bedroom variant vs HDB BTO 3 room flat are much smaller than the current HDB BTO's size, which has also shrunk over the years (ii) Most of the new launches compositon are 1 or 2 bedroom units, just look at the latest condo launch, The Reserve, which will be launched soon (iii) Most units snapped up are the smaller flats such as 1 Bedroom or 2 Bedrooms units which are not ideal for families or family formation What Message Agents are Driving Most showflats will not tell you how wonderful living in it is; the marketting is the yield you can get by renting out the small units to foreigners. And these units are also the ones to be sold out first. Don't trust me just read the news releases for new condos from our trusted website of Channelnewsasia!...
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By Investmoolah
A total otaku who loves anime, investing and the occasional K-drama. My financial journey begun at the age of 22 and has revolved around the concepts of "Working Hard", "Saving Well" and "Investing Wisely". Through my journey, I have realized that financial literacy is something we have learnt little during our school days but is one of the most useful and relevant skill that we have to be equipped to take on the real world. Concepts such as compounding and "common sense investing" are skills that will place us ahead of the race to retirement ...

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