04/09/2026
Myths Part 2!
I hear these ALL the time.And some of them sound so convincing…
…but they’re simply not true!
Myth #1: “I should wait for property prices vs to fall.”
Maybe. But what if prices don’t fall? Let’s look at past 20 years of Singapore’s PPI.
Waiting has a cost too.
You could be paying rent while waiting. Or watching the property you wanted become more expensive.
The smarter question is:
“Does the property make sense for me at today’s price?”
Not:
“Can I predict the market?”
Myth #2: “A new launch is always a better investment.”
A new condo comes with a premium. But let’s break down the premium together. Is it really better?
A resale property may offer more space. Better location. Immediate rental.
Let’s break it down together. It’s not the same solution for everyone!
Myth #3: “Freehold is always better than leasehold.”
Definitely am they!
Location, entry price, land size, tenure and future demand all matter.
A well-located 99-year property can outperform a poorly located freehold one.
As leasehold property owners transact more often, the increased transactions in the development tend to pain prices up faster than freehold developments that transact less frequently.
Myth #4: “I need to wait until interest rates fall.”
Lower rates can help. As soon as they fall, demand would rise. What happens then?
Yes, home prices would then increase!
Myth #5: “The most expensive property is the best investment.”
Absolutely not. You’re not buying the price tag.
You’re buying the numbers - Entry price, Rental yield, Capital appreciation potential, Exit demand, Holding costs.
👉 Is the price justified by comparable transactions?
👉 What is my downside if the market stagnates?
👉 Who is my future buyer?
👉 Does this property fit my financial goals?
Because property mistakes can cost a million dollars.
And the biggest mistake?
Buying based on a property myth instead of the numbers.
If you’re thinking about buying property, don’t just ask:
“Is this a good property?”
Ask:
“Is this a good buy?”
There’s a BIG difference.
DM me for more.
