10/01/2023
Auntie Kopi Siew Dai 半烧! 🙋🏻♂️
This would typically be how I order my coffee whenever I'm at the coffee shop near my place. For my non-mandarin speaking friends, “半烧” means I would like my Kopi warm or not so hot.
But usually, when it's between 730 to 930am, I prefer to have my coffee fixed at home instead of buying it because of the super long queue at the coffee shop.
During that window, there will easily be 10-15 people at any one time queuing up at the drink stall.
Sometimes, I think to myself, will someone pass by, look at the queue and think to himself, “Wow, so many people queuing there; the kopi should be very good!” 😅
To be honest, the Kopi at the coffee shop near my place is pretty decent.
Still, anyone that frequents the coffee shop will know that the long queue is caused by an increase in demand for drinks during the morning rush hour, and it's not because the Kopi that's being sold is exceptionally nice.
And to add to the problem, each coffee shop nearby is more than 400 meters away. (Limited Supply)
Likewise, when you are trying to analyse the property market, you see new condo launches selling out after one another with prices at all-time highs and high interest rates.
Have you wondered to yourself what is really happening out there?
Are the condominiums really that good?
Or are people rushing in to buy because there’s a pent-up demand with little supply available?
Or what if the buyers know something that I don’t, and I’m missing out on a good buy?
Without the ability to properly analyse the property market as a whole as well as the individual developments being launched, one can quickly come under “FOMO” ( Fear Of Missing Out) and make impulse purchases based on their emotions, and end up with a wrong purchase!
I hope the above will never happen to you.
Please remember that every one of us has different objectives, timelines, and financial capabilities. Therefore, what is good for others might not always be the same for you.
Only through in-depth market analysis and proper planning will you be able to make an informed decision that will increase the success rate of you picking the right property for nobody else but YOU!
If you need someone to analyse the market and go through your property plans with you, do drop me a Whatsapp today.
https://wa.me/6591558258