Comments on: Is Singapore Property A Good Investment Right Now?

By: househunt

househunt — Tue, 25 Jan 2011 03:23:08 +0000

Hi all,
I find that you have three options regarding property investment in singapore. 1) Buy Now 2)Buy Later 3)Rent all the way. Choosing between these seemed to be very complicated issue. However, after playing around with he online tool at http://singapore-property-calculator.exofire.net , I figure that it all depends on how long you can hold on to the property. If you could hold for 10years or 15years time, then buying seems to be the best option. However, if you want to hold for 5 years, your profitability is too unpredictable. The only good thing about buying for short term would be that you can pay your rent(ie loan repayment) with your CPF and use liquid cash in hand to invest elsewhere. But in the end, if the market at your exit time drops by 30% from your buying price then you would probably take more than 50K losses after discounting the rental that you would have paid if you didnt buy! thats not cheap to me.

By: John

John — Mon, 19 Jul 2010 10:05:12 +0000

Hi Adam,

Thanks for sharing. Find it very useful indeed.

I would like to share our Singapore Future development plan for the next 3-5 years with the rest too.

* Resorts World Sentosa
* Marina Bay Sands
* Marina Bay Financial Centre
* One Raffles Place (Tower 2)
* Asia Square
* South Beach
* Changi Motorsports Hub
* Sports Hub
* Jurong Lake District
* Punggol 21
* Gardens by the Bay
* Scape Complex
* The 2010 Summer Youth Olympic Games
* River Safari
* Changi Airport Terminal Four
* The International Cruise Terminal
* Singapore Cable Car
* Serangoon and Punggol Reservoirs
and more …

http://www.singaporeinvestmentforum.com/forums/content.php?120-property-singapore-development-investment

By: Adam

Adam — Thu, 27 May 2010 10:07:25 +0000

Singapore is definitely a good place to invest in property for the long term because of economic and political stability. However, get a good property agent to advise you well so you buy a property at a good location at a fair price.

By: Lily

Lily — Thu, 27 May 2010 03:24:43 +0000

Hi Adam,

I am doing jewellery business in Hong Kong and my market are mainly Europe and USA. My son is around 3 years old. My plan is to send him to overseas study when he will be 13 years old. Singapore is one of my considerations. I would like to ask if it is good to buy a property for investment now and pay installment every month. I can also rent it out for investment purpose. Can you give me some advice. Kindly send me email reply at elzanjew@onebb.com

Lily

By: Adam

Adam — Wed, 12 May 2010 02:15:53 +0000

Yes, probably. I don’t see alot of huge upside from here in the short term. If anything, it should consolidate and move sideways for a while. Rising interest rates will definitely pressure prices in 6-12 months. However if the Integrated resorts become a huge success when fully operational, that may be a reason for prices to surge again

By: andy

andy — Wed, 12 May 2010 01:41:24 +0000

The surge property prices are probably cause by influx of PR and FT, lack of supply, low interest rates from bank, speculators and genuine investors.

Will the possibility of interest rates moving up hill in the next coming months, changes are we should see a decline in property price.

By: Adam

Adam — Wed, 12 May 2010 00:41:42 +0000

No one, including me, can predict where stock or property prices will go in the short term. One I do know is that in the long term, property in good locations will always appreciate. So my advice is if you want to buy a property for investment, look for one in a very good location with high rental interest. Make sure that the rental you get CAN COVER the installments. Make sure you get a fair price by checking prices of similar units from http://www.ura.gov.sg -> latest transacted property prices. Ensure that in the event of another recession (there is always a remote possibility), you have the financial power to hold even if you lose your tenants. Over time, you will make money.

By: Vincent

Vincent — Tue, 11 May 2010 03:45:45 +0000

Hi Adam,

I have been looking aroundd for an investment opportunity in property. However, as I took too long to materialize, I missed ample opportunities. Examples, Domus 2 B/R was 815K in 3/2009 and now its 1.2M. Metropolitan 2 B/R was 615K in 12/2008 and now its 1M…. and the list goes on….

Should I now wait for a downturn (hopefully property bubble is forming and the world is not getting out of the recession yet, i.e. Greece, Europe….) or should I just go ahead and invest? I have 400K on hand.

By: jos

jos — Mon, 22 Mar 2010 08:00:48 +0000

Hi Adam,

As the private property is going up now, is it the best time to invest now or should we wait.

By: Adam

Adam — Thu, 11 Feb 2010 06:26:23 +0000

I specialize more in studying and buying private property only. However, my feel of the HDB market is that it is currently overvalued as sellers are asking for cash over valuation most of the time. No matter how good a property, never overpay for it. In fact, always make sure that you buy when it is undervalued. The best time for this is when everyone is pessimistic, property prices are down and when there is a recession. Buy low and sell high! Now, it’s buy high….hoping it will go higher.