Property News & Market Trends

Property Investment Made Simple - Newsletter

It's been a wild ride for the past month or so. Property asking prices in HDB and some private homes are still high. But majority of sub-sales are asking much lower than last year. The number of transactions had plummeted almost 88% since the peak in June 2007! Not forgetting all the option-tradings going around during that period. Transactions actually hit the roof! 

Well, so much for URA reporting an increase of 4.5% in price index. The market for the last 3 months was so slow, its bad news for thousands of agents! How long does it take for the government to realise that? Not to mention the analysts. Recently, HDB introduced a Checklist for all pending HDB transactions due to the mass complaints against agents not being ethical. That's gonna hurt decent agents. Unfortunately, that's life. It gets tougher everyday.

Anyway, from some feedbacks we had received, we had decided to put our articles up as a newsletter. It's more personal and that would allow interaction.

So, if you want to be updated with the articles, feel free to send me an email to danny@propertybingo.com.

Thank you and God bless.

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	Property News in a nutshell - July URA & HDB both announced Price Index up by 0.2% & 4.5% for Q2Amidst the subprime and inflation woes, the Urban Redevelopment Authority’s price index showed increases as follows:- Private residential at 0.2%- Offices at 0.7% - Shop at 0.7% - Industrial at 4.1% P ... 30 Jul 2008 - Read Details
	Property News in a nutshell - June Even the Office property sector is cooling off...Office rental prices have been flat. The average office occupancy rate in the second quarter dipped to 96.9%. Many tenants have relocated to cheaper venue. Companies are now more cautious about expansion and unconditional renewal. However, outer ... 30 Jun 2008 - Read Details
	Property News in a nutshell - May Cash over Valuation dropping or Valuation going up? The actual question is - how do valuers go about deciding a figure tagged to a home that may make both buyer & seller happy? Valuers used the latest selling prices within the same vicinity, type, make, renovations to decide on ... 27 Apr 2008 - Read Details
	Property News in a nutshell - April Can anyone expect the number of transactions to drop like a bombshell since its peak in June 2007? In June 2007, there were more than 4336 private transactions, inclusive of new, sub-sales, resale, landed and apartments. Not including the thousands of option-trading happening across all sectors. U ... 20 Apr 2008 - Read Details
	Millionaire Agents - Newsletter-style It's been a wild ride for the past month or so. Property asking prices in HDB and some private homes are still high. But majority of sub-sales are asking much lower than last year. The number of transactions had plummeted almost 88% since the peak in June 2007! Not forgetting all the option-trading ... 19 Apr 2008 - Read Details
	Millionaire Agent - Part 2 The most agonising first step to a millionaire agent's work style - how to start right? 1] Don't just follow what everybody does.  Copy the successful ones only. Destroy all previous actions, thoughts, knowledge you learn or picked up that don't work. If you do the same things the same way as ... 28 Mar 2008 - Read Details
	Property Investment Made Simple - Part 3 Sorry for the long delay. But I hope the wait is worth it. This week, we cover a great opportunity we may see this year - Foreclosures. Foreclosures are properties repossessed by banks. Normally, they are sold at a slight discount after an auction. However, for unwanted properties, they may not eve ... 26 Feb 2008 - Read Details
	Millionaire Agent - Part 1 Happy Lunar New Year! Do you believe in sayings of the 12 chinese horoscope?  Let me be very upfront with you. Bill Gates, Warren Buffet, Jerry Yang(Yahoo), Larry Page(Google) and you name them, from the western world will never know what holds for them under the 12 chinese horoscope. To t ... 8 Feb 2008 - Read Details
	Property Investment Made Simple - Part 2 Happy Lunar New Year! I know, I owe you a detailed explanation of the tips I gave in Part 1. Let's refresh our memory a bit. I mentioned that I'm open to any interesting deals that you may have but I can't be "there" with you to analyse the property. You must fill me in as much as you can. The more ... 4 Feb 2008 - Read Details
	Want to be a Millionaire Agent? 4 Hurdles of a Millionaire Real Estate Agent.How you can rake in $500k year after year! Someone once asked me if he should switch from a comfortable job of $4k per month to be a Real Estate Agent. Many of his friends and family members asked him "Why?". I asked "Why not?" I entered the real estat ... 21 Jan 2008 - Read Details