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23-06-2008, 05:39 PM
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2015
Hi, I need some advice here. I just bought a property the vutton for psf 1242. I'm due to exercise the option tmr but i'm wary about how the mkt is going to look going forward. I think if it goes down 20%, I will lose 100k. But if I pull out my option now, I lose 22k...It's very tough decision and any advice would be appreciated.
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23-06-2008, 11:56 PM
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2017
If you have holding power, you can considering exercising the option, but be prepared to hold long. Take a look at this story: http://www.salary.sg/2008/case-study-3-how-couple-got-stuck-with-property/
Otherwise you can try to very quickly find a buyer (maybe your agent?) willing to pay par value or slightly less, before giving up your 22k tomorrow.
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20-07-2008, 05:13 PM
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2234
I would suggest waiting another 2-3 years before going into property as an investment. See more details at http://www.waynekoh.com/2008/06/singapore-private-residential-property.html
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02-08-2008, 06:03 PM
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2345
tO sc. My advise to you is to sell it now.I am expecting the property will be bad in singapore especially 2009. Well you have to remember this rule. You can make 22k, you must also be able to lose 22k. Sell now : )
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12-09-2008, 08:39 AM
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2644
Dear blog owner.
Can you please update us with the latest graph?
Thank you very much.
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