tag:blogger.com,1999:blog-7944902213075756335.post4828780699906144077..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): To rent or to buy: Rule of 15.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-7944902213075756335.post-88547082757720245602023-08-10T23:32:28.979+08:002023-08-10T23:32:28.979+08:00Hi Mr and Mrs FJ,
I am glad you like my blog. :D
...Hi Mr and Mrs FJ,<br /><br />I am glad you like my blog. :D<br /><br />As for the "Rule of 15", it helps us to stay grounded when buying a property.<br /><br />I like to use it as a guide at all times.<br /><br />If you are considering a BTO HDB flat, it will pass the rule with flying colors. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-908926284680981512023-08-10T21:26:15.321+08:002023-08-10T21:26:15.321+08:00Hello AK,
appreciate your consistency in bloggin...Hello AK, <br /><br />appreciate your consistency in blogging so that people like me can benefit from them. =)<br /><br />My partner and I are considering getting a hdb next year, do you think this rule of 15 still applies? Mr. and Mrs Financial Journeyhttps://www.blogger.com/profile/13329329082287504018noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22881879037074089392016-09-19T18:12:05.087+08:002016-09-19T18:12:05.087+08:00Julian Cheung Chi-lam and Anita Yuen Wing-yi are h...Julian Cheung Chi-lam and Anita Yuen Wing-yi are household names in Hong Kong and on the mainland for the many impressive roles they have played in films and TV dramas, and also because they are seen as a happily married, model couple in showbiz circles.<br /><br />But there’s one thing about this rich and famous couple that you might not know, something I was not aware of until last week: <b>AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2239782850336631832014-06-27T21:58:42.557+08:002014-06-27T21:58:42.557+08:00Unit at The Sail hits $2,249 psf.
In the CBD and M...Unit at The Sail hits $2,249 psf.<br />In the CBD and Marina Bay area, prices likely to fall further.<br /><br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29967684122025784922014-01-17T23:22:01.979+08:002014-01-17T23:22:01.979+08:00Rental yield for non-landed private homes fell bel...<b>Rental yield for non-landed private homes fell below four per cent in 2013, according to figures from the Singapore Real Estate Exchange (SRX).<br /><br />The median gross rental yield for non-landed private residential properties dropped from 4.2 per cent in 2012 to 3.9 per cent last year.<br /><br />SRX said 4 per cent represents a psychological barrier when it comes to rental yields for AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20933752715806784082014-01-12T13:16:25.912+08:002014-01-12T13:16:25.912+08:00Hi Endrene,
Oh, I agree. My friend is not being r...Hi Endrene,<br /><br />Oh, I agree. My friend is not being realistic at all. Oh, well. I am sure he is not alone. I think it will start to bite soon and we will see rentals cascading.<br /><br />I am naturally quite kaypoh. I remember telling an old couple in a supermarket who were trying to decide which brand of green tea to buy the one which I liked. They were appreciative and accepted my AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67175967227157346172014-01-12T10:50:25.494+08:002014-01-12T10:50:25.494+08:00Hi AK,
'Just like anything in life, buy not b...Hi AK,<br /><br />'Just like anything in life, buy not because we can afford it but because it is value for money.'<br /><br />You want to put a caveat to this? Cos my spendthrift behaviour is justified on the same premise as above! LOL~ And it has rubbed on to my boys too! =.="<br /><br />Anyway, for my friend's property investment, I'm just sharing what little I know. If heEYhttps://www.blogger.com/profile/07808509235536260830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-102737371203996932014-01-11T17:12:22.179+08:002014-01-11T17:12:22.179+08:00Hi Endrene,
Yes, must stay grounded. My friend...Hi Endrene,<br /><br />Yes, must stay grounded. My friend's unit in St. Michael's still has no takers. Imagine that. It has been months.<br /><br />A property is a huge investment and in a place like Singapore, it is a mega investment! You are a good friend to warn your friend of the pitfalls.<br /><br />Of course, property agents would paint a rosy picture. Why would they not? LOL.<br />AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58245013604136297492014-01-11T15:35:19.420+08:002014-01-11T15:35:19.420+08:00Hi AK,
I totally agree with your perspective in t...Hi AK,<br /><br />I totally agree with your perspective in that article. A good read! I hadn't discovered your blog then but I think those ideas are even more relevant in today's context. :)<br /><br />A few days ago, I took the whole evening to convince my friend who just returned from Holland for a home visit and eagerly wanting to buy a shoebox apartment because his cousin who's a EYhttps://www.blogger.com/profile/07808509235536260830noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56910847331186649022014-01-11T11:03:12.898+08:002014-01-11T11:03:12.898+08:00"Even as a potential owner occupier, to answe..."Even as a potential owner occupier, to answer this question, we have to think like an investor. This is the only way we do not end up overpaying for that dream home. We can pay but do we want to overpay? Remember, it is never about affordability, it is always about value."<br /><br />Read full article at:<br /><a href="http://singaporeanstocksinvestor.blogspot.sg/2011/12/AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89721372223958714042013-07-20T19:18:09.112+08:002013-07-20T19:18:09.112+08:00On Singapore properties, I think an asset bubble h...On Singapore properties, I think an asset bubble has formed. I was told a Chinatown shop has changed hands 6X in the last 6 years with the last sale price being $12 million (from $2 million at its first transaction). <br /><br />Leasehold condos in Jurong were launched at >$1500 psf. <br /><br />Most property investors, particularly first-timers, have not seen a property market in a previous AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-45959354966344579262013-07-20T10:19:29.517+08:002013-07-20T10:19:29.517+08:00Hi seefei,
Many people were trapped back then and...Hi seefei,<br /><br />Many people were trapped back then and had to suffer negative equity. I know a few cases like yours, including my own family's. <br /><br />Fortunately, we bought the property for our own stay and had the money to pay up in full. It is still our family home today.<br /><br />It helps that my parents really like the project but, still, it only turned in a small paper AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-33626854891337064242013-07-20T09:37:28.773+08:002013-07-20T09:37:28.773+08:00AK thanks for the post. This rule of thumb is defi...AK thanks for the post. This rule of thumb is definitely useful. However, a lot of time, our investment judgment is ruled by emotion and sentiment. And experience as well. <br /><br />The current yield of property investment is definitely not attractive. However, like share market, the current property market could be a bull trap. I was a victim of this trap in 1996. It took me 16 years to escapeseefeihttps://www.blogger.com/profile/13678700448170267302noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-52504709712346489332013-07-19T20:43:31.457+08:002013-07-19T20:43:31.457+08:00Hi IzyData,
Singapore is not very good for invest...Hi IzyData,<br /><br />Singapore is not very good for investors to buy real estate for rental income. The yields are relatively low.<br /><br />The yields are only attractive because they are magnified through leverage using cheap loans. This will surely end.<br /><br />HDB flats are exceptions. You are right. That provides another piece of evidence that HDB flats are subsidised housing. How elseAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-76121318607048600462013-07-19T20:30:08.753+08:002013-07-19T20:30:08.753+08:00Good point and good rule of thumb. But I suspect t...Good point and good rule of thumb. But I suspect that at current prices, most residential properties in Singapore are going for more than 15 years' rent, or in other words their yield is less than 6.66%. Except BTOs, of course, but that is a special case.lzyDatahttps://www.blogger.com/profile/15048717550148913082noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-61956524610514467632013-07-19T19:10:37.728+08:002013-07-19T19:10:37.728+08:00Haha nvm.. i need more sleep =(Haha nvm.. i need more sleep =(Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57213029153971551662013-07-19T19:09:56.707+08:002013-07-19T19:09:56.707+08:00Hi AK,
when the yield is 6.66% or higher, it make...Hi AK,<br /><br />when the yield is 6.66% or higher, it makes the property price less than 15 times annual rent... so it ake sense to buy! <br /><br />you need more sleep =)Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.com