tag:blogger.com,1999:blog-1602023866179666640.post6645155065550821230..comments2024-03-22T00:30:54.666+08:00Comments on Create Wealth Through Long-Term Investing and Short-Term Trading: Property price will rise!!!Createwealth8888http://www.blogger.com/profile/08563834016250153049noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1602023866179666640.post-44534177802103329912020-11-13T21:08:28.409+08:002020-11-13T21:08:28.409+08:00Asian syndrome in choosing property over all other...Asian syndrome in choosing property over all other investments! Just like cars also in SG. <br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-35913484609710347092020-11-13T19:48:50.310+08:002020-11-13T19:48:50.310+08:00Blame PAP for no foresight before AFC 1997/98 by a...Blame PAP for no foresight before AFC 1997/98 by allowing CPF members freedom to invest their money.CreateWealth8888https://www.blogger.com/profile/04870750974362417154noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-28343504293702654012020-11-13T15:16:48.155+08:002020-11-13T15:16:48.155+08:00As an investment, property is just another asset l...As an investment, property is just another asset like stocks or bonds.<br /><br />It's just much more emotionally powerful as it involves such a huge sticker price, life commitments, touch-and-see physicality, and a big part of everyday lifestyle (if you stay in it).<br /><br />People are seeing or attempting to see <i>A</i> bottom in home prices here.<br /><br />E.g.<br /><br /><a href="https://data.gov.sg/dataset/comparison-of-property-price-index" rel="nofollow">Data.gov.sg URA statistics</a> -- CAGR of 6.5% over last 45 years, but <b>CAGR of only 1.8% over last 25 years</b> for private non-landed.<br /><br /><a href="https://www.srx.com.sg/price-index" rel="nofollow">SRX private non-landed</a> -- This commercial property player tries to be more optimistic ... CAGR of 3.8% over last 25 years LOL.<br /><br />No matter official or commercial stats ... the reality is that the huge upside growth in property prices is in the past.<br /><br />The only "sure" way to earn supranormal profits is if there's a big "discount". E.g. BTO or EC.<br /><br />Percentage-wise, BTO offers greater upside, but is constrained by quantum size (boasting of a 100% gains on a $300K BTO is still meh). Hence the hotness of EC.Spurhttps://www.blogger.com/profile/11824813457786462446noreply@blogger.comtag:blogger.com,1999:blog-1602023866179666640.post-22371673975527834272020-11-13T09:54:52.679+08:002020-11-13T09:54:52.679+08:00CW,
Its data point of 2, but its quite telling bo...CW,<br /><br />Its data point of 2, but its quite telling both the buyers are below age 35...<br /><br />Then again, I see old fogeys selling their investment properties and RETURNING back their property profits into CPF?<br /><br />Its the classic youth versus experience.<br /><br />I see Spring; I see Winter ;)<br /><br /> <br />P.S. I don't think property prices are cheap. At least not like in 2003 "cheap" ;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.com