End of Interest Rate Hikes On 13th December, the Federal Reserve maintained its key interest rate for the 3rd consecutive time, signalling potential rate cuts (up to 6 times) in 2024 and beyond. Rate Cuts As Early As March 2024? There are talks of potential rate cuts as early as March 2024. Historical trends show …
Let’s analyse some factors that contribute to the increasing new launch prices – Rising Land Costs, Rising Construction Costs etc.
Project Overview Developer: CapitaLand No. of Units: 368 Estimated Vacant Possession Date: 30th November 2028 Site Area: 83,647sqft Project Makeup: 2-storey commercial podium and 38-storey residential tower Directly Linked To: Jurong East MRT, Integrated Transport Hub, IMM, Westgate, JEM Entry Price of J’Den – Comparable New Launches The LakeGarden Residences Closest new launch to J’Den …
How Does an Exclusive Estate Agency Agreement Work? Engaging an exclusive agent means that the seller agrees to authorise one real estate agent to market the property over a stated period of time, usually 3 months by default. During this period, the seller is not allowed to engage any other real estate agents to market …
Should you engage an exclusive agent to market your property? Read More »
According to the URA Real Estate Statistics Q2’2023, prices of private residential properties declined by 0.2% in 2nd Quarter 2023 following a 3.3% gain in the previous quarter. The overall price decline of 0.2% was led by a 2.5% q-o-q price decline in non-landed RCR properties. This could be attributed to new launches such as …
At A Glance: URA Real Estate Statistics 2Q 2023 & how we can interpret them Read More »
Really? First and foremost, the point of this post is not to answer the debate on “Should I buy a freehold or leasehold condo?” No winner will emerge at the end of this post. The main purpose is to debunk the old sweeping statement of how one should not buy leasehold properties because they will …
Should I only buy a condo near the MRT? Really? This is a very common assumption made by buyers, and we can understand why. Condos in close walking distance to the MRT will always have good demand for multiple reasons. However, going as far as to say that only condos a the MRT station are good investments …
Who said this? “Only condos at the MRT station are good investments.” Read More »
Highest Interest Rates Since 2007 In May, the Federal Reserve approved the 10th interest rate hike in the last 14 months to a new target range of 5% to 5.25% but dropped a hint that the current tightening cycle is at an end. Is There A Direct Relationship Between Property Prices & Interest Rates? 2018-2019: …
Ask Yourself: Why Not Now? If upgrading has always been part of your plans (only a sooner or later thing), and you can already afford to do so now, you need to identify the reasons for not taking action. Are there legitimate reasons that make upgrading unsuitable now, or are you just fearful of change, …
Upgrading From HDB To Private Property: Better Now or Later? Read More »
Factors to consider based on the premise that investment is one of your key purchase objectives. 01. Price Movement Since Launch For new launch projects of good investment quality (this will not be elaborated in this post as it is a different topic), we would typically see prices rise steadily over the launch phase. This …
Should I invest in an existing launch or wait for an upcoming launch? Read More »