Erin

At A Glance: URA Real Estate Statistics 2Q 2023 & how we can interpret them

According to the URA Real Estate Statistics Q2’2023, prices of private residential properties declined by 0.2% in 2nd Quarter 2023 following a 3.3% gain in the previous quarter. The overall price decline of 0.2% was led by a 2.5% q-o-q price decline in non-landed RCR properties. This could be attributed to new launches such as …

At A Glance: URA Real Estate Statistics 2Q 2023 & how we can interpret them Read More »

Who said this? “Just buy a freehold condo. You should not buy a resale leasehold condo; lease decay will happen and you won’t be able to sell it.”

Really? First and foremost, the point of this post is not to answer the debate on “Should I buy a freehold or leasehold condo?” No winner will emerge at the end of this post. The main purpose is to debunk the old sweeping statement of how one should not buy leasehold properties because they will …

Who said this? “Just buy a freehold condo. You should not buy a resale leasehold condo; lease decay will happen and you won’t be able to sell it.” Read More »

Interest rates are at an all-time high now. Should I wait for rates to drop before buying?

Highest Interest Rates Since 2007 In May, the Federal Reserve approved the 10th interest rate hike in the last 14 months to a new target range of 5% to 5.25% but dropped a hint that the current tightening cycle is at an end. Is There A Direct Relationship Between Property Prices & Interest Rates? 2018-2019: …

Interest rates are at an all-time high now. Should I wait for rates to drop before buying? Read More »