29 Jan '18, 1pm

New: The 7 Deadly Sins of Singapore Property Buyers

By Property Soul (guest contributor) I was recently invited to speak at the Investors Exchangeorganized by BIGScribe – a half-day seminar offering retail investors useful investment advice and concepts from successful investors.I could have chosen the title “7 Common Mistakes of Singapore Property Buyers”, but no one likes to admit that they have made a mistake.So, I called it the “7 Deadly Sins” instead to highlight the sinful “temptations” faced by many property buyers. Sin #1: The “worship” of properties Singapore is a property-crazy nation and Singaporeans are property-obsessed. What is the Singapore dream?Firstly, apply for an HDB or BTO flat. Then upgrade to an executive condo or private condo after five years. Next, save enough money for a second private property for investment. Can you see that the whole life of a Singaporean revolves around properties? As we upgra...

Full article: https://www.propwise.sg/the-7-deadly-sins-of-singapore-pr...

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