Analysis

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 …

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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 »

Who said this? “Only condos at the MRT station are good investments.”

Should I only buy a condo near the MRT? Really? This is a very common assumption made by buyers, and we can understand why. Condos in close walking distance to the MRT will always have good demand for multiple reasons. However, going as far as to say that only condos a the MRT station are good investments …

Who said this? “Only condos at the MRT station are good investments.” 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 »

Should I invest in an existing launch or wait for an upcoming launch?

Factors to consider based on the premise that investment is one of your key purchase objectives. 01. Price Movement Since Launch For new launch projects of good investment quality (this will not be elaborated in this post as it is a different topic), we would typically see prices rise steadily over the launch phase. This …

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Can you find a safe property investment in the current interest rate environment?

Our client’s brief. Budget – $850k Holding Period – 5 years Objectives – Pure Investment, ideally a property that is both cashflow positive and has good appreciation potential After going through the HausLife Investment Framework, this is the unit purchased. Property Price – $812,000 Size – 474 sqft (1 bedroom unit) Rental – $3,600 (newly signed 2 year tenancy) Loan – 3.9% fixed for …

Can you find a safe property investment in the current interest rate environment? Read More »