Kevin Tan
28-09-15, 10:07
http://www.theedgeproperty.com.sg/content/discarding-conventional-mindsets-property-usage
Discarding conventional mindsets on property usage
By Ong Kah Seng / R'ST Research, The Edge Property | September 27, 2015 10:00 AM MYT
It used to be that properties, whether residential or commercial, were bought with a fairly clear intention: either for investment or for the owner’s occupation. That was the general trend in property buying until 2010.
However, from around 2010 to 2013, there was a big rush by the man in the street to purchase a property, owing to low interest rates, which meant parking money in properties seemed to be the best option. Concomitantly, developers rapidly launched residential, strata factory and strata retail projects with impressive designs to attract buyers.
Suburban condominiums were among the properties that were snapped up from 2010 to 2013. Some HDB upgraders were more concerned about grabbing their dream property and left the decision of whether to lease out their HDB flat or private apartment until the property was built. Such buyers may risk buying the wrong product types — for instance, the house they buy has weak leasing demand.
http://www.theedgeproperty.com.sg/content/discarding-conventional-mindsets-property-usage
Discarding conventional mindsets on property usage
By Ong Kah Seng / R'ST Research, The Edge Property | September 27, 2015 10:00 AM MYT
It used to be that properties, whether residential or commercial, were bought with a fairly clear intention: either for investment or for the owner’s occupation. That was the general trend in property buying until 2010.
However, from around 2010 to 2013, there was a big rush by the man in the street to purchase a property, owing to low interest rates, which meant parking money in properties seemed to be the best option. Concomitantly, developers rapidly launched residential, strata factory and strata retail projects with impressive designs to attract buyers.
Suburban condominiums were among the properties that were snapped up from 2010 to 2013. Some HDB upgraders were more concerned about grabbing their dream property and left the decision of whether to lease out their HDB flat or private apartment until the property was built. Such buyers may risk buying the wrong product types — for instance, the house they buy has weak leasing demand.
http://www.theedgeproperty.com.sg/content/discarding-conventional-mindsets-property-usage