#JoeNgPropertySolution, achieve your retirement simple and earlier.

Dear Owners, what's your Next plan?

Sellers are often concerned and even fearful when comes to the idea of selling high but will also buy high at the same time when acquiring a new property.

I can totally understand, as I had been selling and buying 5 different houses since 2010. 

This is the reason why many prefer to hold onto their property due to rising prices in New Condo and interest rates and the belief that they can't find anything similar to the current hot market.

Or why not rent out since rental market is hot and I think this is totally true.

However, there is a reason WHY and there are ways to generate profit regardless of selling and buying high, but only with prudence and financial security as priorities. 

Unfortunately, many lack market insights and are stuck due to misconceptions, which is why we want to share our research and insights to help them make better decisions.

Let's 1st explore the "WHY".

Dear Resale Owners, 

As you may be aware the real estate market in Singapore has been booming for the past few years, resulting in many happy property owners.

However , it's important to remember that in year 2013 to 2018,    
the real estate market was uncertain due to many rounds of cooling measures were implemented to cool the overleveraging   real estate market in Singapore. 

As a result, during this period, Resale HDB and Resale Private property owners may have experienced stagnant pricing resulting in potential losses due to the ongoing holding costs or even negative sales due to some price dropping as per chart above.

Let's also not forgetting if inflation averages 3% per year ,

Imagine putting $100,000 into your bank for the last 7 years with 0% interest earned, the Dollar value or the purchasing power will drop to around $81,309.15 after 7 years.

"You would be Losing saving value without realising it."

Therefore we must take steps to ensure that our property is always working hard for us and continuously growing in value even in the down market.

So the question is, can you be sure that the estate market always stays booming?

How can your Risk be covered even in down market?

Case study: The below charts show some HDB and Resale condo price trends that remained stagnant between 2013 to 2018 after cooling measures were implemented.

Chart 1. HDB

Chart 2. Resale Condo

Chart 3.  “ Bullet-Proof” Resilient Condo  

While many HDB and resale condo properties are facing price stagnant, and do you aware that at the same time, there are still some  Bullet-Proof” Resilient Condos are still performing and see good profit within the same period?

Do you know why?

Note: we have to understand that today your property is not moving in pricing, it may not because of the market is not moving ,

because there are still many properties appreciating in their Value at the same time even in down market

Let's take a look another example below.

Figure 1: Average transaction price (psf) for The Centris (2006-2013)

Let’s take a look at the price chart in Above.

The Centris Condominium in the Jurong West. Notice that property prices for this project have been appreciating over time even way past the TOP stage.

So Sell or Wait further at this point?

Example 1,   " 3 individual property stages"

Assuming the owners of this development did not take action and realize the massive profits of at least $700k  (for a 1,066 sqft unit) in 2012-2013 but no action was taken and waited until 2021.

Guess, what would the numbers be like in today’s sizzling hot market below?

Above

Average price (psf) for The Centris had declined and move side,

WHY?

Within the same period,

J Gateway,  another Project below in Jurong East, saw a up price within the same period (2013 to 2021)

You could see that the price of The Centris momentum eventually lost its steam. The profit they will be looking at in today’s bullish market will be about the same as if they sold 8 to 10 years ago in 2013.

"8 years of  Oppotunities lost."

But If they take action to Exit and Re-enter J Gateway@ Jurong East in 2013, which will continue to grab the up-trend market with Massive Profit of more than a Million in all within the same period despite the launching price is much Higher starting from $1300 psf.

Please refer to below chart in number. 

The reality is, the rich will get richer. Why?

The reason is simple - they will continue to multiply their wealth by exiting and

re-enter properties  and particularly at the early stages of the property tenure.

So why do they do that?

It is simply because they understand how the " 3 individual property stages"

"especially for those new projects which TOP in 2022 to 2024

example below

Dear owners,
Is your property obtained the Temporary Occupation Permit (TOP)? 

Do you see a Huge window of Opportunity for your property from the chart below?

Note: Some property just doesn't grow their value when their time comes due to the  3 individual property stages.

Example 2, Window Opportunities.

Many Resale condos' momentum lost its steam when reaching the TOP or its peak period especially when a nearby Brand new project is selling nearby about the same PSF❗️

chart below!

I called this Window Opportunities 

⛔️Cautious‼️ ❗️

When a Brand-New project is priced the same as a resale Condo❗️

What will happen❗️

Has your Condo's momentum lost its steam and behaved the same way as the old condo above?

Or is there any better near-by Brand New project is about to launch and will be selling the same price or psf   as your older TOP or Resale Condo?

Have you missed out on the "Window Opportunity" to grab the bullish market to multiply your profit?

The point that I have been driving this entire time – growing your wealth through investing in stable assets.

Your savings account and rate of your income growth does not allow you the comfort of hedging against rising cost of living and inflation , none of these can beat the growth of property prices.

But what’s Upmost important is

An article to share with everyone below,

“Systemic growth in terms of wealth accumulation which allows them to own a Freehold Landed of more than 3000Sqft of land size. “

They achieved that because they   understand the difference between Value  vs  Profit.

Of cause before moving forward , it is important to put adequate safety measures in place by doing a proper financial calculation using our:

- Risk Assessment Management(RAM), 

to have a  predictable plan in case you become 

self-employed, 

- TDSR "PLUS" financial calculation,

to  make sure you are  safe   to proceed,

- Mortgage Tenure Technique,

-OPM DK Technique,

-3PS Technique,

-S.A.Y.E Technique,

To  reduce  your monthly installment or holding cost so your  risk will at the  minimum.

Right timing to sell & buy properties and determining the best time to exit . Attain the ability to find assets with the right entry price and potential for growth ! 

Join me in person for more sharing about the right strategies 
as you go about working towards that 
FINANCIAL FREEDOM

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