PN MAGIC TOUCH | Interest rate increasing, how it affect buyers & Sellers?

When you flip open the papers or turn on the news nowadays, the common buzzwords are “ INFLATION”, “ INTEREST RATE HIKES” & “ LOOMING RECESSION”. These aforementioned occurrences do intrinsically affect us in varying degrees. With the stability of the economy called into question, people are naturally more prudent in the way they spend their money. As much as our human instincts force us to play it safe during times of uncertainty, what if the best opportunities are present during these times?

 

Amidst inflation & rising interesting rates, the property market remains absolutely resilient. As you can see from the two articles below, Liv@MB and Piccadilly Grand are two very recent launches, and the reception was outstanding. Both of them sold more than 75% of the units in just the opening weekend alone.

 

 

 

 

 

 

Why do Singaporeans continue to Build their Capital saving in real estate? If you are sitting here wondering what are the secrets they know that you don’t

 

For one, people who know what they’re getting into and take action during a crisis or times of uncertainties tend to make more money. If you’d take a look below and see, in the 2016/17 and 2019 periods, you’ll notice that the interest rates were at one of their highest points in recent years.

Private Property Price Index vs SIBOR chart

 

 

 

 

 

With that in mind, is it true that if you buy during the peaks of high-interest rates you will not make money or stand to lose out?

 

You will be very surprised to find out that not only did interest rates barely affect anything, there are still people who made staggering profits of over $400,000 like the two examples below – Lakeville and Seaside Residences

Historical profitable transaction for Lakeville

Historical Profitable Transaction for Seaside Residences

You must be asking yourself, why did these people dare to take action? It is simply because they have knowledge of the real estate market and did their due diligence by assessing their finances & risk involved. That is why it is essential for you to learn before you take any action, especially during this period when there are many lingering uncertainties

 

There is a general rule of thumb that 80% watch on as 20% of the people makes money – we can always design our own future instead of falling into the wrong side of the spectrum by default.



 



 

 

 

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How to Create a “Saving Plan” in Real Estate by using ”Other People Money” to pay for your Retirement using “4W1H “ Proven strategies to Shine your Asset regardless Bull or Bear market”

 

(Statistics show that across different regions in Sg Resale Condo prices averagely increase between 52% to 72% over the last 10 years and 42% to 86% for New Projects)

https://www.edgeprop.sg/property-news/how-much-has-condo-prices-changed-last-10-years

 

❗️Question, Why more than 75% are still not using Real Estate as a saving plan. What are the common Misconceptions and Fears? 👇

 

 



1️⃣ Makiing a Right Choice! Needs or Wants?

https://r009874h.propnex.net/48895/mt-Want-or-Needs--Making-a-Right-Choice---Joe-Ng-90265006

 

2️⃣ Bank vs Real Estate Saving, which are Better? https://r009874h.propnex.net/50015/mt-Bank-VS-Real-Estate--which-Saving-better--Joe-Ng-90265006

 

3️⃣ Fear of Recession? Logic Or Emotion?

https://r009874h.propnex.net/6336/mt-Fear--To-All-Buyers--Recession--Wait-to-Buy--Emotion-Vs-Logic--RAM--Joe-Ng-90265006

 

4️⃣ Rising interest-rates, cause of concern?

https://r009874h.propnex.net/37267/mt-Rising-Interest-Rates---A-Cause-for-Concern-

 

5️⃣ Interest rate increase, what is your next steps?

https://r009874h.propnex.net/41469/mt-Interest-rate-increasing--how-it-affect-buyers---Sellers-

 

6️⃣ What is the next step for HDB owners?

https://r009874h.propnex.net/30590/mt-What-s-next-for-HDB-owners--Joe-Ng-90265006

 

7️⃣ Critical Facts for Buyers!
https://r009874h.propnex.net/21453/mt-How--Crucial-Facts-All-Buyers-Need-to-Know--Joe-Ng-90265006

 

8️⃣ Time the Market, Wait to Buy, right strategy?

https://r009874h.propnex.net/35397/mt-When--WAIT-To-BUY---Joe-Ng-90265006#/

 

9️⃣ Sell & Buy High? Still can make Profit?

https://r009874h.propnex.net/21700/mt-When--To-Resale-Owners--Sell-High---Buy-High---Can-still-make-Profit--Joe-Ng-90265006

 

1️⃣0️⃣ Hold, Enter or Exit?

https://r009874h.propnex.net/21476/mt-When--To-Buyers---Private-Sellers--Uncertainties--Time-the-market--Hold--Enter-or-Exit--Joe-Ng-90265006

 

1️⃣1️⃣ Misconception of popular saying rules when choosing a project!

https://r009874h.propnex.net/22031/mt-How--Misconception-Rules-when-choosing-a-property--Joe-Ng-90265006

 

1️⃣2️⃣ No.1 Rule!

https://r009874h.propnex.net/10727/mt-Where-to-Buy--To-Buyers--No--1-Rule---Correct-Entry-Price--Joe-Ng-90265006

 

1️⃣3️⃣ FreeHold or 99 lease? 

https://r009874h.propnex.net/10731/mt-WHERE-to-Buy--To-Buyers--Freehold-vs-Leasehold--Joe-Ng-90265006

 

1️⃣4️⃣ CEO Ismail Gafoor shares his insights on the latest cooling measures in an  exclusive radio interview with MONEY FM 89.3.

https://r009874h.propnex.net/54813/mt-New-Cooling-measure

 

 

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