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

Counting the love of aircon ledges in dollars

Posted on Posted in Mr Ku Swee Yong's Articles

Source: Just how much do buyers of private property pay for air-conditioner (AC) ledges every year? A whopping S$780 million. I hope my estimates are wrong, but simply examining new residential sales in the six years from 2011 to 2016, it seems that buyers have spent a total of S$4.7 billion on AC ledges. If… Read more