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 […]
Category: Featured Posts
Can’t Accept A 10% Depreciation of HDB Flat
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
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 […]