hold or sell my investment condo property

[NANALUM89]

Should I hold my investment condo property or sell it now?

[STEVETEO]

i make a big mistake to sell my investment condo in year 2009, I thought the market will crash, it didnt. Selling cheap now unless you need the cash for your biz else hold it,my view.

[Arcachon]

Ask yourself this question first before you decide.

1. After selling what to do with the money?
2. SSD, ABSD, TDSR, LTV
3. How long can you hold?
4. Defer payment on loan till 31 Dec 2020
5. Reprice or refinance to 75 years old.

[Arcachon]

https://www.facebook.com/SingaporeRealEstateInsider/videos/528128421186636/

[Lord Anus]

Ask yourself this question first before you decide.

1. After selling what to do with the money?
2. SSD, ABSD, TDSR, LTV
3. How long can you hold?
4. Defer payment on loan till 31 Dec 2020
5. Reprice or refinance to 75 years old.

1. Exit property, enter cash or gold.
2. My bet is some of these will be removed as part of economic stimulus measures.
3. If financing the property does not depend on rental income?
4. Pointless, as the mortgage interest still needs to be serviced... People who really cannot hold, borderline affordability type, they are just delaying the inevitable.
5. This one is nuts. Soon they will need to refinance tenure until their descendents liao.

[Arcachon]

Agree If I am AssUme without knowing facts and figures.

1. Exit property, enter cash or gold. Cash is a depreciating asset, Gold is even worst if you buy paper Gold
2. My bet is some of these will be removed as part of economic stimulus measures.for those who know the facts and figures it will not be remove maybe reduce like 4 years SSD to 3 years SSD
3. If financing the property does not depend on rental income?Good to keep property than to hold cash
4. Pointless, as the mortgage interest still needs to be serviced... People who really cannot hold, borderline affordability type, they are just delaying the inevitable.True when the Whole world is not printing money
5. This one is nuts. Soon they will need to refinance tenure until their descendants liao.Investment property will be collecting income.

[Laguna]

Very limited information is given.

It depends very much on
1. The type / quality of the property you are holding. Freehold at good location or 99 years at lousy location
2. The holding power and the ability to secure tenant / serving mortgage payment and other charges eg your job security and other financial commitments
3. Your investment timeline and your ability to invest in other better instruments.

But definitely, economy is not looking good.
Can't give advice to a general question

[Laguna]

Hardly visit this place nowadays
Noted so many newbie asking one line question and expect free advice.

[Laguna]

Agree If I am AssUme without knowing facts and figures.

1. Exit property, enter cash or gold. Cash is a depreciating asset, Gold is even worst if you buy paper Gold
.Investment property will be collecting income.


First, there are many instruments for gold. Physical gold just one. Of course paper gold is derivative that come with higher risk. So why you say paper gold is even worst? If paper gold crash, will physcical gold price down?
Cash is depreciating. Depreciating is a matter of relative. All currencies run in pair. It is also say, CASH is king during recession. Please can explain.

[Arcachon]

First, there are many instruments for gold. Physical gold just one. Of course, paper gold is a derivative that comes with higher risk. So why you say paper gold is even worst? If a paper gold crash, will physical gold price down?

Since this is a property forum, we compare gold to property. Every instrument got its risk and depend on whether you use leverage or just cash.

Comparing apple to apple, leverage on the property (Singapore) and gold which got more risk.

Can Singapore property crash after all the cooling measure and MAS Support to the property owner.

There are people who gain in derivative trading and how many can reach that level the same applies to Gold (Paper Gold).

Do Gold appreciate with the country GDP, World GDP and paper Gold can be created unlimited just like money.



Cash (fiat money) is depreciating. Depreciating is a matter of relative (Print to spend or print to build and generate revenue). All currencies run in pairs (US print Money and if you cannot match you depreciate your currency). It is also said, CASH is king during the recession. Please can explain.

If one holds cash (SGD100,000) for 50 years and it is king what is the value of cash (SGD100,000) after 50 years.

It is king when one knows how to use it and when to use it.

https://tradingeconomics.com/singapore/money-supply-m1

The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931 and the U.S. followed suit in 1933 and abandoned the remnants of the system in 1973. The gold standard was completely replaced by fiat money, a term to describe currency that is used because of a government's order, or fiat, that the currency must be accepted as a means of payment.

[Arcachon]

Hardly visit this place nowadays
Noted so many newbies asking a one-line question and expect free advice.

Hope Newbies will learn after a few question worst is Newbies who like to AssUme without facts and figures.

[Laguna]

First, there are many instruments for gold. Physical gold just one. Of course, paper gold is a derivative that comes with higher risk. So why you say paper gold is even worst? If a paper gold crash, will physical gold price down?

Since this is a property forum, we compare gold to property. Every instrument got its risk and depend on whether you use leverage or just cash.

Comparing apple to apple, leverage on the property (Singapore) and gold which got more risk.

Can Singapore property crash after all the cooling measure and MAS Support to the property owner.

There are people who gain in derivative trading and how many can reach that level the same applies to Gold (Paper Gold).

Do Gold appreciate with the country GDP, World GDP and paper Gold can be created unlimited just like money.



Cash (fiat money) is depreciating. Depreciating is a matter of relative (Print to spend or print to build and generate revenue). All currencies run in pairs (US print Money and if you cannot match you depreciate your currency). It is also said, CASH is king during the recession. Please can explain.

If one holds cash (SGD100,000) for 50 years and it is king what is the value of cash (SGD100,000) after 50 years.

It is king when one knows how to use it and when to use it.

https://tradingeconomics.com/singapore/money-supply-m1

The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931 and the U.S. followed suit in 1933 and abandoned the remnants of the system in 1973. The gold standard was completely replaced by fiat money, a term to describe currency that is used because of a government's order, or fiat, that the currency must be accepted as a means of payment.

I don't intend to spend much time on these topic.
A well invested investor knows what are derivatives and risk associated and definitely a balanced portfolio is very important.

Risk of Property are : the most illiquid asset class and high holding cost.
Physical gold : underlying is US$.
Derivatives : very high risk and high return if you got it right.

Hold cash during recession (right type of currencies) and hold property when inflation. So Cash is king during recession and worthless during inflation
Buy equity / asset when there is recession. But must know what (this is relatively easier) / when to buy (this is true wisdom).

But now the situation is very different due to the disruption of entire economy, supply and demand chains.
So cycle should be running like this

Recession - > Stagflation - > Inflation (just hope no hyper inflation)-> social unrest (worst case, may be happening in South America and Africa).

What to do now ?
Relax as I am a retiree
Liquidate unwanted asset class and identify good equity counters (still have plenty of time)

I am still looking at what are the measures that Fed and central banks can do...and how the credit / debt crisis will evolve...

Stop here and no more posting on this subject

[dtrax]

1. buy bitcoin
2. buy bitcoin
3. buy bitcoin
4. buy bitcoin
5. buy bitcoin

- Buy bitcoin, get 11% interest rate many still dont know
- Have bitcoin but urgently need money? Collateralized ur bitcoin to get USD many still dont know
- Collateralized your bitcoin to trade on derivatives market
- Paul Tudor Jones par bitcoin many still dont know: https://www.youtube.com/watch?v=k9VpVf3g9Y0
https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s
https://en.wikipedia.org/wiki/Paul_Tudor_Jones
Those who interested to get a copy of his investor letter on "Great Monetary Inflation" can PM me

The trend is that many sinkie kids in late twenties that I know are already holding crypto assets worth easily 1-2mil USD assets under management.

[Tabitha Loo]

think as long as you buy within what you can afford is the safest, no need to be afraid if market trend down after you bought

[adam ng]

how old is your investment property? 99 years or freehold?

[Samuel Tang]

you may refer back to Sars period, how did prices fare? But in my opinion, if you holding a 99 years property and reaching 20+ years, best to sell fast!

[Mary Tan]

Let's see this period as opportunities rather than crisis !!!! Stay safe at home! :P P

[Grace sun]

hold if you can unless there is a need for you to sell now

[Majed]

True enough!