Gearing Up For 2020: 5 Winning Strategies For Your Property Investment
The Best Time for Property Investment is YESTERDAY
The truth remains that the best time to buy or invest in Singapore’s properties is already over. The properties our parents bought decades ago have already increased multiple folds in values over the years. Taking reference from a more recent example – people who invested before cooling measures have already gained from their investment by now.
Most People Are Already Aware of This Fact
Here’s another horrifying truth. Most people are already aware that they should not waste time deliberating and waiting for property prices to go down.
Large crowds thronging to new project launches are the perfect example. Do you want to follow the sheep mentality of thronging to new project launches aimlessly? Or Do you want to be a well-informed and savvy buyer who is aware of the market situation and makes a prudent decision? Learn to be capable of spotting high net worth and potential buys.
What are YOU Missing Out?
TIME and MONEY
With the good buys sold out within weeks and lesser units supplied, the competition is likely to get tougher with the passing of time.
1. What is Property tax?Property tax is a wealth tax levied on property ownership. It is not a tax on rental income. All property owners have to pay property tax based on the value of their property, irrespective…
According to Christine Sun, head of research and consultancy at OrangeTee & Tie, “many developers held back their official launches [in December 2019] in anticipation of a resurgence in buying interest, which usually occurs at the beginning of the year, after buyers return from the year-end holidays”.
She expects there could be close to 30 new launch projects lined up in 1H2020, with about 50% located in the Core Central Region (CCR) and the rest evenly spread between the Rest of Central Region (RCR) and Outside Central Region (OCR).
Nicholas Mak, head of research and consultancy at ERA Realty, states that the first two weeks of this year have already seen three major residential projects launched, namely Van Holland, Leedon Green, and The Avenir, with more to follow after the Lunar New Year period.
New private home sales up almost 15%, thanks to HDB upgraders
