Will The New Holland Village Be Better? Holland Village is identified by The Urban Redevelopment Authority (URA) as one of Singapore’s endearing Identity Nodes and a distinctive lifestyle destination. URA then hatched a plan for a new Holland Village extension to the existing Holland Village. The Winning Bid In May 2018, in a dual-envelope (concept and […]
Upgrading to a Condo is not Always Feasible I had a chat recently with a friend who has indicated she wants to upgrade to a private condo. She is a 57-year-old single mother with a university-bound daughter. Currently owned a colossal jumbo flat that is worth about $750k. I did some calculations to see the […]
Property Investors Don’t Think About Retirement Age I was glued to the TV last night listening to the PM’s National Day Rally speech. One thing caught my attention: government’s plan to raise the retirement age from 62 to 65, and re-employment age from 67-70 by 2030. Will I want to work till I am 70? I don’t foresee […]
Can’t Accept A 10% Depreciation of HDB Flat HDB’s depreciation is real! Recently I was contacted by a couple who was looking to sell their 44-year old 3R flat in Holland Avenue. They bought the property 7 years ago – when it was 37 years old. This meant when it was bought, there was no […]
Not All Condos Are Equal: Old or New Properties? In 2007, I had 2 buyers who came to me wanting to buy properties. The first buyer, against my advice, bought an older condo at Holland Peak for $2.36m. It was built in 1994. He was attracted to the space of the 1819sf 4BR condo. It […]
