“The price of your property is not the price at which you purchase it for, unless of course if you paid for it fully in cash...”
Zeng Han Jun
“Singapore's economic fundamentals are good. Together with such low interest rates available for mortgage financing, it makes perfect sense for real estate private equities to buy into Singapore...”
“Remember, interest paid to banks only comes back to you in the form of a billing receipt. Nothing else...”
“As long as you have a debt from the bank, you are working for them, not for yourself.”
“No analyst, investment banker, consultant or even a fortune teller will be able to tell you when prices have hit bottom. You can start buying now, so as not to miss the opportunity...”
“Property prices may drop, but I do not think it will drop that fast. The consumers are more financially educated as compared to the last crisis, plus the interest rates are very low now...”
“You are never paying the price at which you purchase your house, unless you paid for it in full cash without any leverage...”
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