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MM Lovers
17-07-17, 11:18
Dear all,

In view of dropping rental yield and difficulty in finding tenant, is property investment still attractive in Singapore?

My view is it's no longer attractive. What's you view?

indomie
17-07-17, 11:53
Yes it is still attractive....because we still can borrow bank's money for 30 years.

Kelonguni
17-07-17, 12:16
Depends on your age and what you buy.

My current view is that not everyone has the necessary attributes to be a successful landlord, which takes quite a lot of thoughtful effort once in a while, even though it is not a tough job.

MM Lovers
17-07-17, 12:35
Yes it is still attractive....because we still can borrow bank's money for 30 years.

But we have to repay back with interest. Is this attractive?

Kelonguni
17-07-17, 12:37
But we have to repay back with interest. Is this attractive?

What kinds of loan can be as low as 1.x% in Singapore?

teddybear
17-07-17, 12:53
Why not if you can buy a property that is freehold at good location, good facing (no west sun), high floor, good layout design?
Such properties are difficult to become available, and are only available for sale when time is difficult for their owners or when you are willing to pay higher than THOUSAND YEARS historical peak price............

The most stupid thing to do now is to buy 99-years leasehold in OCR at THOUSAND YEARS historical peak price! :rolleyes:


Dear all,

In view of dropping rental yield and difficulty in finding tenant, is property investment still attractive in Singapore?

My view is it's no longer attractive. What's you view?

MM Lovers
17-07-17, 13:16
Why not if you can buy a property that is freehold at good location, good facing (no west sun), high floor, good layout design?
Such properties are difficult to become available, and are only available for sale when time is difficult for their owners or when you are willing to pay higher than THOUSAND YEARS historical peak price............

The most stupid thing to do now is to buy 99-years leasehold in OCR at THOUSAND YEARS historical peak price! :rolleyes:

So what you mean is to be selective and choose quality property? But what's the upside? My friends have been asking me whether property investment is still viable.

Besides falling rental yield, fewer tenants, politically and economy will it still be stable in the long run?

Laguna
17-07-17, 13:20
So what you mean is to be selective and choose quality property? But what's the upside? My friends have been asking me whether property investment is still viable.

Besides falling rental yield, fewer tenants, politically and economy will it still be stable in the long run?

Look like your friends are seeking your advice, but seems like ur not in favour of buying
So what is your view and reasons, other than yield

MM Lovers
17-07-17, 13:21
What kinds of loan can be as low as 1.x% in Singapore?

But will this low interest rate environment prolong? Still a big question mark.

Kelonguni
17-07-17, 13:34
But will this low interest rate environment prolong? Still a big question mark.

In a nutshell, it will persist for as long as is important.

I thought it bottomed a couple of years ago but it has continued to fall even after Fed rate rises...

There is a very important lesson about interest rate to learn here.

MM Lovers
17-07-17, 13:58
Look like your friends are seeking your advice, but seems like ur not in favour of buying
So what is your view and reasons, other than yield

My view is search for quality and value for money property. I believe in the long run, it is still a favourable investment. But my friends views are not in favour.

indomie
17-07-17, 14:14
https://www.google.co.id/amp/s/amp.watoday.com.au/wa-news/house-and-land-for-11500-in-perth-old-newspaper-discovery-sparks-real-estate-nostalgia-20170603-gwjsca.html
Buying property for a long term is like having a time machine. Even the world is changing, what we pay remain the same. Just make sure we are investing at the right location and more important at the right countries.

Kelonguni
17-07-17, 14:40
My view is search for quality and value for money property. I believe in the long run, it is still a favourable investment. But my friends views are not in favour.

At the gambling table 9 loses and 1 wins.

In life and property, the ratio is better: maybe 8 lose and 2 wins.

We actually need people to say not in favour. Then the market is ready to proceed with its historical trend again. We cannot do that when 80% were in favour.

MM Lovers
17-07-17, 14:51
At the gambling table 9 loses and 1 wins.

In life and property, the ratio is better: maybe 8 lose and 2 wins.

We actually need people to say not in favour. Then the market is ready to proceed with its historical trend again. We cannot do that when 80% were in favour.

You are right, I believe only 20% to 30% of the people are able to "play property".

teddybear
17-07-17, 15:08
Buying property for a long term is like having a time machine?
Mmm, time is NOT on your side if you buy a 99-years leasehold property..........


https://www.google.co.id/amp/s/amp.watoday.com.au/wa-news/house-and-land-for-11500-in-perth-old-newspaper-discovery-sparks-real-estate-nostalgia-20170603-gwjsca.html
Buying property for a long term is like having a time machine. Even the world is changing, what we pay remain the same. Just make sure we are investing at the right location and more important at the right countries.

Laguna
17-07-17, 15:10
You are right, I believe only 20% to 30% of the people are able to "play property".

sorry, much lesser than that

MM Lovers
17-07-17, 15:21
sorry, much lesser than that

Oh...is it.

Laguna
17-07-17, 15:43
Oh...is it.

None from my circles of friends and contracts are property "player"...
share and FX : yes but not property

Kelonguni
17-07-17, 15:52
Oh...is it.

Depends on job type and age group.

tonymontana
17-07-17, 20:11
Dear all,

In view of dropping rental yield and difficulty in finding tenant, is property investment still attractive in Singapore?

My view is it's no longer attractive. What's you view?

when you compare other country, singapore still best in this region. So i say it's attractive. And it's not so difficult to find tenant, just that yes, you're right, rental is down. But rental moves in a cycle. sometimes up, sometimes down.

Arcachon
17-07-17, 23:01
Can only say, if Bank can loan me money to buy property I will still buy.

Will you loan 660k + 750k to buy 1,305,800 if yes go ahead and buy, if no better don't buy?

DC33_2008
18-07-17, 21:10
This ratio differs with time.
At the gambling table 9 loses and 1 wins.

In life and property, the ratio is better: maybe 8 lose and 2 wins.

We actually need people to say not in favour. Then the market is ready to proceed with its historical trend again. We cannot do that when 80% were in favour.

Kelonguni
18-07-17, 21:18
This ratio differs with time.

I think so too. Now maybe already 9 to 1 Singaporeans who cannot find entry point. I was more referring to pre-2013 TDSR times.

As we speak now, Tengah graves are being exhumed to make way for public housing of the near future.