Asset Progression & Wealth Creation
If you are thinking of Upgrading or Investing, you are at the right place!
"If you don't find a way to make money while you sleep, you will work until you die" - Warren Buffet
Your Property is your most Powerful Asset
If some of these question are in your mind, contact me for a non-obligatory FREE Consultation with my Simple 4-Step REST ProcessTM today !
1. Is my current property an Asset or Liability or what's my property worth today ?
2. Should I sell my current property or buy a property in these uncertain times i.e. pandemic (Covid-19), stock market correction, global recession, Quantitative Easing (QE) etc.?
3. Should I upgrade to a Bigger BTO, New Launch, or Resale Private Property or HDB?
4. How can I multiply my asset with my current property and generate passive income?
5. How can I grow my wealth through property investment with minimal risk?
6. How can I minimise my ABSD if I want to buy my second property?
7. What is my Entry and Exit Strategy?
Review.Evaluate.Seize.TakeActionTM
"Know what you own and why you own it" - Peter Lynch
Review Financial Position
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Need Analysis
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Cash Savings
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Total family income
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CPF & accrued interest
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Other assets
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Mortgage loan
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Other liabilities
Evaluate Property Portfolio
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Property valuation
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Rental returns
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Outstanding loan
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Profitability analysis
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Potential future returns
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Risk considerations
Seize Market Opportunities
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Safe entry price & strategy
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Potential upside
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Risk management & mitigation
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Rentability
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ROE & ROI assessment
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Maintenance cost
Take Action
Structure Portfolio
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Unload low or non performing asset & exit strategy
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Acquire high potential asset
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Safety net consideration
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Financial freedom
How I assisted my clients in their Asset Progression & Wealth Creation journey?
"Be fearful when others are greedy, be greedy when others are fearful" - Warren Buffet
Do you own a property with Equity Value > $200k that is not growing fast enough or with low upside potential?
Fret not ! Take benefits from my Asset Progression & Wealth Creation Experience
for a non-obligatory consultation !
Sold current property @ $1mil.
CPF Refund = $320k
Outstanding Loan = $430k
Cash Proceeds = $250k
Multiply Assets with my current property at minimal risk
Husband Bought -
3 Bedroom Condo @ $1mil (Own-Stay)
CPF Used = $180k
Cash = $50k
BSD = $24.6k
Wife Bought -
2 Bedroom Condo @ $800k (Rental Investment)
CPF Used = $140k
Cash = $40k
BSD = $18.6k
Extra Cash Generated as Contingency Reserve Fund or Savings of ~$117k
4 Reasons to invest or stay invested now and ride through this crisis
"Don't waste a good crisis" - Winston Churchill
QuANTITATIVE EASING
Quantitative Easing (QE) is a form of extraordinary monetary policy used by central banks to quickly increase the domestic money supply and spur economic activity.
QE will directly inject massive money supply and liquidity into the market. And in Singapore, our government has announced and implemented the Resilience & Solidarity Package
Cash is Not King in a massive money supply and low interest rate environment. Savvy investors prefer to deploy their money anywhere other than parking it in deposit that yield minimal returns.
Where do you think the increased in money supply will likely go to ?
Get in touch with me to learn how you can take benefit from the massive supply of money in the economy today!
LOW INTEREST RATE
In response to the recent pandemic situation, the US Federal Reserve has cut Main Interest Rate to near zero. And within days, our very own MAS follow suit resulting in our SIBOR rate going below 1%.
Assume a Loan of S$1,000,000
Tenure=30 years
3-Mar-2020 17-Mar-2020
Sibor Rate 1.627% 0.99%
Home Loan 1.807% 1.17%
Monthly Inst. $3,600 $3,295
Potential Interest Savings of $109,800 over 30 years !!
Get in touch with me to learn how you can take benefit from the low interest rate environment today!
WEAKENING OF SGD vs USD
The slowing global economy coupled with the current Covid-19 pandemic has resulted in the currencies of Singapore's key trading partners to weaken. To keep Singapore competitive, it is vital for MAS to weaken SGD in tandem.
Assume a Singapore property priced at S$1,000,000
Date 1-Jan-2020 17-Mar-2020
USD to SGD 1.3462 1.4229
USD req'd US$743k US$708k
Savings S$57k
The Savings is an incentive and opportunity for Foreigners to invest in Singapore. Why this is important to know?
Get in touch with me to learn how you can take benefit from the weak SGD vs USD today!
SAFETY NET BY GOVERNMENT
As much as people dislike the various property market cooling measures, but many of us do not realise that these measures actually help property owners and property investors.
Unlike many countries, Singapore government has track record of preempting any potential property bubbles and ensure property prices do not run ahead of economic fundamentals.
Policy tools such as MSR, TDSR, ABSD, SSD, LTV, MOP, etc. has over the years help supported the property market, ensure prudency, prevent speculative buying and run-away prices.
So, what do you think is the probability of any "Fire Sale" given we are now in a pandemic situation?
Get in touch with me to learn how you can take benefit from the Safety Net which our government has implemented to support property investors.
Disclaimer: The available options and recommendations depends on each individual financial assessment and it may vary due to different circumstances. The above illustration intended to provide general information only and we do not warrant its accuracy, completeness or accept any liabilities for any loss or damage arising from any reliance thereon.
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