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Singapore Property Explained
By Gerald Tay (guest contributor) We can see many property investors on the streets who dream to become millionaires. They behave like the hilarious first round participants of ‘The Next Singapore Idol’ contest who are thick-skinned enough to believe they have ‘it’. My late multimillionaire grandfather said, “The Rich makes money with control, while dreamers…
By Gerald Tay (Guest Contributor) After seven cooling measures and now another “shadow” one again, I think many of us are already immune by now, “Another one again! When’s the next one?” From my previous writings, I’ve mentioned we do not need a rocket scientist brain to comprehend how hot we are in the property…
Would you rather accept a lower than expected rental or leave the rental unit vacant when you are not able to find a Tenant who can pay your expected rental? Besides looking at the rental yield, which is dependent on the purchase price, another element to help in making such a decision is to understand…
By guest contributor Gerald Tay I recently ran across this book titled How Rich People Think by Steve Siebold. I was immediately struck by the differences between the thoughts and actions of the “World Class” investor and the “Middle Class” investor. In the book, Steve listed 21 ways that the wealthy think differently from average…
By guest contributor Gerald Tay There are many investors who invest in properties solely for capital gains. They are not concerned with making a rental profit, and are sometimes even happy to make a rental loss! Understanding why property prices rise and fall is very important if we want to make money. In Singapore’s highly…
By guest contributor Gerald Tay You have probably heard this popular phase when learning about property investment: “Location! Location! Location! You can’t go wrong if you buy in a good location.” The lesson for investors is that “location” should be the top consideration in your investment decision. In other words, as long as you follow…
By Harn Ho (guest contributor) In Part One, “Overseas Property Investment: What You Should Know Before You Buy”, I discussed a number of steps a new investor can take to ensure they know what they are getting into before committing to an overseas property purchase. In Part Two, I will cover additional factors a buyer…
In light of the recent round of measures that imposes a harsh Seller’s Stamp Duty for a lengthy period of time (16%, 12%, 8% and 4% for years 1, 2, 3 and 4 respectively), the focus of property investors will now have to shift from the short term to the long term, and from capital…