People from all over the world want to buy a property in Singapore.

Dear Real Estate Investor,

Did you know that people from all over the world are now investing in Singapore’s property?

Statistics show that the number of non-citizen homeowners is increasing after the pullback in 2012 following the implementation of the Additional Buyer’s Stamp Duty (ABSD).

Numbers from the URA shows that foreign purchasers increased by 48% to 794 units in 1^stHalf 2017 in comparison to 535 units in 1^stHalf 2016, while PR rose by 32% to 1,876 units in 1^stHalf 2017 from 1,416 units in 1^stHalf 2016.

Private property purchases made by fellow Singaporeans rose by 69% to 8,950 units in 1^stHalf 2017 from 5,297 units in 1^stHalf 2016. (Source: REALIS)

Supply of private residential units and ECs by expected year of completion

Source: URA

Want to find out more about how being a Singaporean gives You the leverage over foreigners?

Contact me now!
Email : Kenny.lee.sj@gmail.com
Contact No. : +65 96236667 / +65 6100 0898
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WeChat : KennyLeeSJ

Comments

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Property Investment is not equivalent to 100% profitable

Dear Property Investors, Keep this in mind! There will never be a definite profit investment! Even when you are buying the same project. Project Address Size sqft Sold Date Sold Price Sold PSF Bought Date Bought Price Bought PSF Profit Percent Holding Days THOMSON GRAND 17 Sin Ming Walk XX - XX 1,421 Oct-17 S$1,830,000 S$1,288 Apr-12 S$1,969,646 S$1,386 -S$139,646 -7.09% 2,023 THOMSON GRAND 17 Sin Ming Walk XX - XX 1,582 Jul-17 S$2,000,000 S$1,264 Apr-12 S$2,017,783 S$1,275 -S$17,783 -0.88% 1,935 THOMSON GRAND 17 Sin Ming Walk XX - XX 1,636 Jun-18 S$2,200,000 S$1,345 Apr-12 S$2,094,080 S$1,280 S$105,920 5.06% 2,253 THOMSON GRAND 19 Sin Ming Walk XX - XX 1,356 Oct-17 S$1,680,000 S$1,239 Mar-12...

How to finance and upgrade your property?

Nowadays, people want to get their second/private property. But, they do not dare to step into it as the majority are afraid that they do not have the financial ability to service the mortgage. While you are still repaying your loan, you can actually refinance and upgrade your property. First of all, not only can you cash out on your current property, at the same time, you can renew the lease period by getting a new build home. There are found methods that can help homeowners to get their second property while holding on to a matrimonial home and still carry on with the current lifestyle! Want to get your finances checked? Want to know if you are ready to get your second home or upgrade your property type? Contact me now! Email : Kenny.lee.sj@gmail.com Contact No. : +65 9623 6667...

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