Why Property is NOT our investment strategy ???????????? | Buying a HDB, BTO Resale, CPF Investing cost

Rethinking our idea on investing in a Singapore property for profits. Why we think it might not be wise to buy a property for investment right now. We hope that it would give you an idea why we are hesitant to look at Singapore property as an investment to build our wealth.

This a macro view towards Singapore housing and property market.

Hi Everyone,
Thank you for your support on our previous video on 2021 Net Worth Goals (to reach $500k) ➡️ https://www.youtube.com/watch?v=MlzkLR5afnU

CONTENTS:
00:00 Beginning
00:37 Introduction
00:46 Pros of Investing in Singapore Real Estate
02:30 3 Areas to Consider (Govt Policies, Ageing and Economic)
06:54 Review of the 3 areas and how it impacts Real Estate
07:22 Our Thoughts and Learnings (Our character & what we value, issues with HDB CPF interest and sticking to what we know)

RESOURCES & READS:
– @Jeraldine Phneah x Ku Swee Yong video on Can Millennials rely on Property for our retirement?: https://youtu.be/E8ujVvbTsRY
– A Singaporean Dream: https://www.hdb.gov.sg/about-us/news-and-publications/publications/dwellings/a-singaporean-dream
– Returning your CPF Accrued Interest: https://www.99.co/singapore/insider/hdb-sale-proceeds-cpf/
– MND survey reveals how the government could regulate prime location HDB flats: https://www.99.co/singapore/insider/mnd-survey-reveals-how-the-government-could-regulate-prime-location-hdb-flats/
– Singaporeans are not the smartest: https://www.propertysoul.com/2021/05/07/singaporeans-not-smartest/
– The Rise of 10x Class: https://www.drorpoleg.com/rise-of-the-10x-class/

MENTAL MODELS
– We are all out of touch – https://www.collaborativefund.com/blog/were-all-out-of-touch/
– Dunning Kruger

Follow and subscribe to us on:
– Medium: https://medium.com/now-realise-this​
– Youtube: @Now Realise

????TRACKS
– Lemon Cake
– Hot Chocolate by Daystar
– Cute Lazy Morning
– Memories by Lukrembo
– Morning Dew by Rainey Park
– New York City & Chill

Disclaimer: We are/I am not a financial professional or advisor. This video is a reflection of our/my investment journey. We’re/I’m merely sharing my own point of view and learnings. Do not follow what we/I do, and always remember to conduct your own research and make smart decisions. If necessary, seek a licensed financial professional’s advice to make the best financial decision that suits your own needs.