4 “Upside Down” Strategies to Build Property Wealth

By Gerald Tay (guest contributor) Being “upside down” is usually a negative term when applied to financial matters. But in my book there are two positions when it comes to wealth: right side up and broke, or upside down and rich. Personally, I prefer upside down. The best way to build and maintain wealth, —…

Have Industrial Property Prices Spiraled Out of Control?

By Mr. Propwise While everyone (including the government) has focused their attention on the residential market, one segment that has gone through the roof is industrial property. In 3Q2012 the Industrial Property Price Index registered a stunning 8.8% quarter-on-quarter growth to hit 183.3, an all-time high. This was the twelfth quarter of growth, and unlike…

Singapore Property News This Week #70

Residential Property market may heat up from QE3 With the influx of US$40 billion into the US economy each month under the QE3, there have been worries that this could lead to an influx of foreign funds into the property market in Singapore, potentially leading to more rounds of cooling measure. However, some said that…

Understanding URA’s Land Use Planning and Development Types

By Mr. Propwise Whether you’re looking at investing in residential, commercial or industrial property, the Urban Redevelopment Authority’s (URA) area planning and guidelines will have a long term impact on your property’s values. In this post we will look at the different types of development that the URA plans for and in particular we will…

Getting Perspective on the Property Market Numbers

By Getty Goh (guest contributor) You may have come across numerous media reports that talked about how well the primary property market did in January 2012.  Specifically, a media report cited that the total number of sales exceeded 2,000 in the month of January alone.  This came hot on the heels of Additional Buyers Stamp Duty…

Foreign Buyers and the Impact of the ABSD

By Mr. Propwise Savills recently published an interesting report titled Profiles of foreign buyers in Singapore. Thanks to Singapore’s growing attraction as a safe haven for investors, foreigners purchased 31% of all private home purchases in 2011, an all-time high and twice the number versus 10 years ago. Profiles of the Four Main Groups of…