The hype of owning a Sentosa home for the affluent started in 2004. It was a symbol for the rich to show “they have arrived”. Sales peaked in 2006 with 522 transactions. But the buzz died down after the Global Financial Crisis (2007-8). In fact, the government sold no new land parcel after 2008. From... [read more]
The conclusion of Provident on “Should property be your biggest investment?” is: Not necessarily, and probably not for most investors for investment property rather than the home you live in. My two-cents on property investment Note that Provident is a fee-only wealth advisory firm. It is understandable why it advocates diversified portfolios in asset, sector... [read more]
