In continuation for the previous article “what en-bloc owners must know about the property market”, this is the final part of the en-bloc mini-series - “Prudent Strategies for Asset Growth”.
In short, it is 999 year leasehold (As good as freehold) development in District 9. The owner, whom is currently a landlord I am representing, bought the unit in 2010 through another agent then.
Firstly, to all en-bloc owners whose apartment(s) had completed the en-bloc process before the latest 5th July cooling measures, Congratulations!!
The sudden Singapore property market cooling measures on 5th July 2018 had shocked the market as no one was expecting this measures. Many panicked causing a kneejerk reaction which caused developers to launch 3 projects on the very night these measures were announced, find out more about these measures in this article and how it affects you.
In the previous article “5 things you must know before your next property investment”, I discussed about higher vacancy rates, rising interest rates and a potential oversupply situation from 2021 onwards.
Over the past 3 months, the media has been reporting mostly good news about the Singapore Property Market and Local Property Brokers have been upbeat about the property market. Against a backdrop of what looks like a very promising – The Great Singapore Upgrade for the Property Market, this article attempts to provide deep insights that investors should consider as well as questions investors should be asking.
Thanks to Raymond’s analysis, I now have a healthy property portfolio and I am reaping the returns. Raymond’s insights on the property markets are unique and valuable. – Jun Hao, Senior Engineer
