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Hi all, my wife and I have been thinking of buying a 2nd property for a long time and have been doing lots of research. The more we read news and articles the more confused we get. Some say, supply of pte ppty willl flood mkt in 2012 therefore should wait as prices will fall. In addtion interest will rise, US/Europe crisis will pull price down. This is evident from China and HK mkt. Other articles are saying singapore population to rise to 6.5m in 2020, therefore ppty will continue going up. Couple with when there are crise in US/Europe, all the hot money will come to Spore so chances of ppty going down is low. Can any expert advise?
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2 Answers

Hi Mr Confused,

First of all, please do not take the reports too seriously. You will have to do your own homework to determine how the market will react. If you look at past history, its a known fact that no one can predict how the market will move.

This are what i usually tell my investors who want to invest.

3 things to look out for
- Potential growth
- Risk (amount to invest)
- Cash flow (rental - misc expense)

Do that for all your investments.
That will help you determine if you should park your money in banks, shares or property.
Your risk profile will also determine how you want to manage your funds.

Singapore

As for Singapore, I am sure you are aware that it is making its way into a financial hub to rival HK. The difference would be the government. Unlike HK, which has a no interference policy, SG govt has done well to regulate the growth of the market, in my opinion. Check out the growth profile of Singapore and determine if its a worthy investment. After that, determine your entry point based on your own analysis, not on others.

Investment location

D21

There is a 2 new launches at Upper Bukit Timah

Suites @ Bukit Timah
Nottinghill Suites

Its going to be located at near the upcoming DT line and its priced to sell for the 2 bedrooms. Its unique on its own and there are no comparable developments surrounding it.

Growth Areas (SG)

However, if you want to look at potential growth with good cash flow properties, I will still prefer to recommend my clients to Growth Areas in Singapore. Unless you are talking about landed properties in D9/10/11, I would still recommend growth areas for strata titled properties.

Lastly, i am no advisor nor investment guru.. this are all my own opinions and my teachers are all my investor clients.

Cheers..

Ken Tan
 96461490 
Huttons

more info, go to www.96461490.com Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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