Coping With En Bloc Fever

Posted on Posted in Mr Ku Swee Yong's Articles

During the previous en bloc wave 10 years ago, a handful of sales involving weak developers were aborted as they could not raise sufficient capital and loans to complete the transactions. Whether you are for or against en bloc sales, as a subsidiary proprietor (SP) or owner of a strata apartment unit, you should get involved by participating in all the meetings to understand the deal that is being put together. Read more

Self-Service Potholes

Posted on Posted in Featured Articles, Mr Ku Swee Yong's Articles

Co-authored by Mr. Ku Swee Yong, Co-founder of HugProperty with Janice Chin Li Ping, undergraduate from the Department of Real Estate, National University of Singapore. Summary of the key points in the article Self-service property websites lure property buyers, sellers, landlords and tenants (let us collectively address them as “Clients”) with the bait of substantial… Read more

Part 3 of “The Big Singapore Market Upgrade of 2017?”: Rise of the Single-Person Household

Posted on Posted in Buying A House, Mr Ku Swee Yong's Articles, Useful Property Guides

Ku Swee Yong, Co-founder of HugProperty and Shannon Aw Qian Tong, undergraduate from the Department of Real Estate, National University of Singapore publish today their joint series article on “The Big Singapore Market Upgrade of 2017?”. This article is the final part of three. Read more

Part 2 of “The Big Singapore Market Upgrade of 2017?”: Income Growth and Housing Affordability

Posted on Posted in Buying A House, Mr Ku Swee Yong's Articles, Useful Property Guides

Ku Swee Yong, Co-founder of HugProperty and Shannon Aw Qian Tong, undergraduate from the Department of Real Estate, National University of Singapore publish today their joint series article on “The Big Singapore Market Upgrade of 2017?”. This article is part two of three. Read more

Part 1 of “The Big Singapore Market Upgrade of 2017?”: Downsized Properties

Posted on Posted in Buying A House, Mr Ku Swee Yong's Articles, Useful Property Guides

Ku Swee Yong, Co-founder of HugProperty and Shannon Aw Qian Tong, undergraduate from the Department of Real Estate, National University of Singapore publish today their joint series article on “The Big Singapore Market Upgrade of 2017?”. This article is part one of three. Read more

The Patterns of Dodgy Property Agents

Posted on Posted in Mr Ku Swee Yong's Articles, Useful Property Guides

In today’s competitive services market, real estate agents are not only caught in the strife of industry competition, they also have to grapple with being made redundant by technology. To say that there are many real estate agents in Singapore is an understatement — there are more than 28,000 licensed agents or about 1 agent serving every 140 residents; and this is probably the principal cause of the stiff competition in the industry. The competition is exacerbated by the growing number of buyers, sellers, landlords and tenants who opt for self-service through web applications. We are concerned that some agents have compromised their integrity and their “duty of care” for their clients in order to trump the competition. Read more