If you’re looking to get a deeper understanding of the Singapore property market, Real Estate Riches – Understanding Singapore’s property market in a volatile economy is a great guide to help you do so. The book is mainly a collection of articles by Ku Swee Yong, CEO and Director of International Property Advisor Pte Ltd, a real estate family office. Most of these articles have previously been published in Today and The Business Times, although there is some new material as well.
The book is split into five parts, covering:
- Recent events such as the government policy measures
- Physical supply
- Development of the market including shoebox apartments and en bloc sales
- Thoughts on the market including whether to buy from developers or the resale market
- Investment tips
What I enjoyed about this book is that it is thoroughly researched and full of interesting facts and figures. Swee Yong is a thoughtful writer and does not make blanket statements without having the necessary data to back it up. I’d recommend the book for anyone interested in the Singapore property market.
There are also some good tips in there for property investors. I don’t want to give you a spoiler, but here’s a quick tip from the book – watch out for areas where MRT line construction is going on!
Real Estate Riches is available at major bookstores including Times, Kinokuniya, Popular, Page One, NUS, and the airport bookshops (Dufry and Relay). It has 188 pages and retails for $18.