Singapore's government has been proactive in planning for this demographic shift, implementing policies around retirement savings, healthcare, and encouraging family growth. The trends toward an older population are expected to continue, and this will likely have significant societal and economic implications in the coming years.
Singapore is renowned for its high cost of living. Housing, healthcare, and everyday expenses can be quite expensive, especially if one doesn't have substantial savings or a consistent income source after retirement.
The cost of real estate in Singapore is among the highest in the world. This makes it challenging for many individuals, particularly young professionals and newlywed couples, to afford property without substantial savings.
We are currently the only country in Asia where one can own multiple properties with little to no capital. However, this may change in the future.
You can secure the right to purchase at today’s price and walk away if you are not making money, realizing it to be a poor investment.
Despite political instability, RM depreciation, racial and cultural issues, and other factors, Malaysian properties have generally outperformed Singapore properties in the last 30 years.
Are you aware that today you can buy properties below their replacement cost? This is made possible by a phenomenon called impairment by listed property developers.
How about owning a luxury condo with a sea view for under SGD 170 per square foot?
Using Singaporean mindset when buying properties.
Buying blindly when everyone else is buying even at inflated prices, but being afraid to purchase when things are available at 50%-70% off and no one else is buying.
You wanna buy when no one is buying.
p/s : Almost everything that a local developer trying to sell in SG, is unwanted stocks. Unlike Malaysia durian.
Often overpay due to in entry and upkeeping cost due to incorrect understanding of the local market
Remember, you must make money on the buy.
23 September 2023 | 2.00 pm – 5.00 pm | Tipo Pizzeria E Trattoria Stamford Arts Centre, Bugis, Singapore
PS: Our live program is completely FREE. The fee is for your commitment to attend the LIVE program and to pay for your drink and food.
Ask live to Faizul Ridzuan about the property that you want or wish to buy in Malaysia wether that property is a good property or a ‘SHEEP’ property.
16 years ago, I started investing in properties with only a capital of RM2,000.
Yes, I was young just like you and I did not come from a T20 family. I have suffered the loss from bad property investments, and I have also gained massive returns from property investments.
Since then, I have invested in over 60 properties to date. All of these are documented in my bestselling book, WTF? 23 Properties by 30’.
I have shared knowledge with participants in programs such as Sanjana Hartanah, Millionaire Employee Blueprint, Faizul Ridzuan Private Group, Value Investing in Properties, and Road To 3 Million.
I have shared knowledge in various real estate classes organized with leading developers, such as Sunway, UEM, Mah Sing, Eco World, SP Setia, and IJM Land.
I was also invited to share my real estate investment experiences and tips such as TV3, TV1, Astro Awani, New Straits Times, The Star, The Edge, Nanyang Siang Pau, Focus Malaysia, Berita Harian, Property Insights, and BFM radio.