Your Home, Your Most Important Asset!
Do you consider your home to be one of your most valuable assets?
If so, understanding your property’s health and planning for the future are essential.
The concept of "property value" varies for everyone, and the journey we take with our property should mindfully reflect it as an asset, not a liability.
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WHAT IS HAPPENING NOW
IN SINGAPORE PROPERTY MARKET?
Source: Macrobond, UOB Global Economics & Markets Research
Will interest rates shift consumer behavior?
When the Federal Reserve lowers interest rates, it has a ripple effect on global markets, including Singapore. Mortgage interest rates in Singapore are influenced by these global trends, and lower Fed rates can reduce borrowing costs for homeowners. As rates gradually decrease, this could motivate more people to consider purchasing homes. Banks and financial institutions typically adjust their rates in response to these changes.
The question is, could this create a favorable environment for prospective buyers? Might it lead to an increase in demand for property purchase?
Source: URA
Do you think that SLA will sell land to developers at a lower price?
While it’s possible, a significant reduction in land prices by the Singapore government is unlikely. The URA and the SLA closely regulate land sales to balance supply, demand, and housing affordability, with a primary goal of market stability rather than using price reductions to drive demand. Given Singapore’s limited land supply, do you think that the government is likely to rush to sell land or will typically aim for higher prices? Even if developers acquire land at a lower price but with the high construction costs, do you think they will significantly reducing property prices?
Who are the buyers who are buying while we worrying about prices too high?
As property owners, we recognize that prices from five years ago are unlikely to return. While many older-generation homeowners feel uncertain about current property prices or hesitate over whether to stay put or upgrade, younger buyers, who haven’t experienced past pricing, often see current prices as reasonable. This younger group typically enjoys higher household incomes, strong family support, and the advantage of longer loan tenures due to their age. Could this position them to secure larger loans and become a driving force in sustaining higher property prices in the future?
What Are Your Next Steps?
Here are some of the things for you to take action now!
REVIEW YOUR PROPERTY HEALTH!
Find out whether it's time to hold or exit? Is your property a liability or an asset? What steps do you want to take next?
Calculate Essential Financial Numbers!
It's essential to understand your financial position in terms of affordability, especially with stricter loan assessments by financial institutions.
Understand What You Are Looking For!
This helps you determine whether you want to follow market trends, take a conservative approach, build your net worth, or simply buy and sell.
Equipped Yourself With Property Related Information.
Key information such as valuation, past transaction prices, and current market asking prices will help you determine if your goals are achievable.
Understand Your Life Stage!
Realise your current life stage, what you really want to achieve from your property journey.
Select Carefully & Work Closely With A Professional Property Consultant.
To work closely, strategise and developed a personalize plan just for you and your family.
Hi I'm Andy Low from PropNex.
How can your property journey be fruitful
WITH ME?
Developed a customized assessment of your current financial standing and develop a unique strategy to accomplish your objectives.
Reap the advantages of a customized plan designed to align with your specific situation and maximize your property journey.
Get a comprehensive grasp of your property's present value and possible capital gains.to facilitate well-informed decision-making.
Uncover the most suitable options base on your individual scenario and make knowledgeable decisions regarding your next move.
Detailed calculating of your essential financial data that can aid you in making optimal selling and buying choices.
Empower yourself to shape your asset wealth future as a homeowner from logical and practical advice and assistance.
My Achievements
Awards Recognition by ThreeBestRated.Com
Still Hesitating About What Is The
Right Thing To Do?
You need the support of a professional and experienced property consultant who can provide you with the confidence to make the right decision for you and your family.
Take the first step towards a life-changing transformation and contact me today to begin your property planning journey.
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