tag:blogger.com,1999:blog-7944902213075756335.post909562213946694403..comments2024-03-29T10:22:24.187+08:00Comments on A Singaporean Stocks Investor (ASSI): Investing or speculating in real estate?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-7944902213075756335.post-15966939433073326742023-05-08T08:55:09.518+08:002023-05-08T08:55:09.518+08:00Hi Money Speed,
Absolutely, these people are spec...Hi Money Speed,<br /><br />Absolutely, these people are speculating although they might think they are investing.<br /><br />Of course, if their speculation goes well, they might think they are great investors. ;p<br /><br />Fortunately for them, Singapore seems like a good place for property speculators and property agents are certainly encouraging them.<br /><br />I have no ill will towards AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57124029342527220062023-05-08T08:35:05.875+08:002023-05-08T08:35:05.875+08:00An Investment is only good if it generates income ...An Investment is only good if it generates income when you acquire it. Those people who place a % to buy the pre-TOP property and calling to sell upon 3 years holding period, is no difference from placing a bet at the Casino. And most annoying about these people, they place the bet, and calling out to sell the ticket for a 100% margin. Isn't this the same as hogging or in Chinese 黄牛Money Speedhttps://www.blogger.com/profile/10896853119935956081noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-51190829181853238192020-01-28T12:03:27.510+08:002020-01-28T12:03:27.510+08:00Hi Ben,
There are so many things we can invest ou...Hi Ben,<br /><br />There are so many things we can invest our money in.<br /><br />Don't follow the crowd.<br /><br />It is important to consider our own circumstances and objectives. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58532266039501182542020-01-28T10:29:39.146+08:002020-01-28T10:29:39.146+08:00Hi AK,
Having read this post several posts, I am ...Hi AK,<br /><br />Having read this post several posts, I am of view that property investment is not my cup of tea. Investment portfolio (DIY share investment) is my preferred choice and gives me the peace of mind with the generated dividends covering my expenses.<br /><br />To each of our own.<br /><br />BenWTKhttps://www.blogger.com/profile/03901369385680805317noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57772521090287369842019-02-19T13:58:39.337+08:002019-02-19T13:58:39.337+08:00Lim Der Shing says...
Fair comments ak. To add ano...Lim Der Shing says...<br />Fair comments ak. To add another datapoint, I don’t consider myself a property investor for sure, but so far all my 3 local property buys have been pretty profitable. Better than the 2 kL ones actually. Actual gross annualized return probably 2+% leverage and around 4+% on net asset (remove loan value).<br />So my experience is really match inflation last 10 years.<br /AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40044104331306675622019-02-19T13:25:10.120+08:002019-02-19T13:25:10.120+08:00Reader says...
Interest rate keeps going up and th...Reader says...<br />Interest rate keeps going up and the rental keeps dropping.<br />Tenants want to rent only 3 months or 6 months because expect rentals to drop again.<br />The monthly mortgage payment is higher than my rental income now...<br /><br /><br />AK says...<br />Yes, the writing was on the wall.<br />Unfortunately, too many threw caution to the winds and bought into the story that AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55024255084592124712018-08-28T14:02:06.408+08:002018-08-28T14:02:06.408+08:00We might want to take note that betting on higher ...We might want to take note that betting on higher future prices of our homes is not investment. <br /><br />It is a form of speculation. <br /><br />We should note that there are many people who have lost their bets.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-59354508781935209672018-08-01T23:01:20.092+08:002018-08-01T23:01:20.092+08:00Ah Foong says...
are properties same as REITs? inv...Ah Foong says...<br />are properties same as REITs? investor buys at a unit in the trust, while the trust buys properties with 30-40% leverage, any property they sell can be returned to unitholders. however, the risk of the debt is on the REIT, not the unitholder. While being a private property owner, he personally is being exposed to the debt. Am i missing something here?<br /><br />AK says...<AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55777862307154022942018-08-01T11:08:57.698+08:002018-08-01T11:08:57.698+08:00Hi Tony,
Thank you for the well thought out comme...Hi Tony,<br /><br />Thank you for the well thought out comment.<br /><br />I enjoyed reading it.<br /><br />I always say we should try to be pragmatic and not be overly optimistic or pessimistic.<br /><br />It should be the same when looking at investing in properties too. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-17019836432885714702018-08-01T10:13:44.355+08:002018-08-01T10:13:44.355+08:00Hi AK,
Thought of sharing an alternative (optimi...Hi AK, <br /><br />Thought of sharing an alternative (optimistic) view on property as investments [I'm a fan of Robert Kiyosaki, author of Rich Dad Poor Dad].<br />One of the board game Cashflow, kinda illustrate the difference between stocks & properties, the focus should be on the cashflow coming in.<br /><br />Eg. If you stay HDB, your kids move out or for whatever reasons you can Tony Kinghttps://www.blogger.com/profile/11909522671053535257noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85750495057746311522018-07-31T22:10:09.586+08:002018-07-31T22:10:09.586+08:00
Raymond Ng says...
Agree the leverage part.
B...<br /><br />Raymond Ng says...<br /><br />Agree the leverage part. <br /><br />But the most important is the property price. <br /><br />Like I shared earlier in other post, I bought similar unit at $680K vs my neighbor paid for $860K. <br /><br />High price means higher mortgage payment and interest. <br /><br />In summary, higher principle and high interest cost.AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-78482032316801341622018-07-31T22:10:03.935+08:002018-07-31T22:10:03.935+08:00AK Tan says...
In any investment, the key to maki...AK Tan says...<br /><br />In any investment, the key to making money is 1) know what you are doing and 2) have holding power. The beauty with property investment is in its leverage - where else can you get 30 year loan at 2-3% with only 20-30% money down? That said, the issue with leverage is that you need to pay your principal plus interest regardless of whether your asset increase in value or AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58066141154175344622018-07-31T21:43:34.509+08:002018-07-31T21:43:34.509+08:00Spur said...
The attraction is the use of leverage...Spur said...<br />The attraction is the use of leverage ;)<br /><br />But people forget leverage is double-edged sword :O<br /><br />For speculation, only buy during bad recessions. But even this is risky in Singapore's context due to the huge supply of private housing, combined with the controlled pace of immigration, combined with aging population.<br /><br />The huge oversupply, both AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29661637698720559222018-07-31T17:03:32.100+08:002018-07-31T17:03:32.100+08:00Jack James says...
The problem now is ...... you n...Jack James says...<br />The problem now is ...... you need to be really cash rich to even qualified to speculate the property . This bar has been raised very high . Good luck to all !AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-21542593386851247602018-07-31T15:14:13.386+08:002018-07-31T15:14:13.386+08:00Hi Ben,
It really depends on how deep the specula...Hi Ben,<br /><br />It really depends on how deep the speculator's pockets are and how much he is willing to risk?<br /><br />Speculation isn't for everyone but not everyone knows this. ;pAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-91921754661044921332018-07-31T14:58:19.086+08:002018-07-31T14:58:19.086+08:00Hi AK,
I think that it's quite risky holding ...Hi AK,<br /><br />I think that it's quite risky holding two properties with the mindset that they will generate profit. I am not inclined on such approach which leverages on debt. I will rather utilise cash which I can afford to lose. The place of utilisation is in stock.<br /><br />BenWTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.com