03 May '18, 12am

New: Conversation with a Veteran Valuer

RB: Care to share with me about your property portfolio? D: I still have my HDB flat (5-room flat in GhimMoh) although I don’t live there. I bought that first and I may want to go there to retire because it’s very convenient. I basically buy properties to stay, and if there’s a chance to rent it out then I will. If not, I will sell it. To make money, you have to sell to take back your capital. It’s just that I haven’t had luck with timing because I always sell at the wrong time, so now I tend to stay away. I haven’t invested in anything in the last 10 years, but I used to invest a lot more when I first started this business. It was much easier at that time; no minimum amount, and you just had to put the $5,000 deposit. And when I was with Colliers, we launched properties and had first choice of the units before they were launched. I’m very happy with my condo, and don’t re...

Full article: https://www.propwise.sg/conversation-with-a-veteran-valuer/

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