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SG Property Review

Thoughts, stories, and ideas taking root.

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Condominium vs Stocks: Income Forecasting and Valuation Methods

People love to argue about what makes something a “good investment”. Some swear by company fundamentals, others trust the rent ledger and the maintenance schedule. I sit in the uncomfortable chair between those worlds: I’ve done enough income forecasting to know that both stocks and property can be great, and both can be disastrously wrong, just in different ways. Condominiums and strata homes are especially tricky, because you are not only buying an asset, you are buyin

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B1 Zoned Industrial Property Investment: Aligning Zoning, Use Quantum, and Tax

When investors look at industrial property, they usually start with yields, tenant profiles, and exit plans. For B1 (Business 1) land and buildings in Singapore, though, the real underwriting work begins earlier, at the intersection of three things: zoning intent, the B1 “use quantum” requirement, and how tax rules treat industrial property. If you align those three up front, your decisions get sharper. If you ignore one, you may still close the deal, but you will spend

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Near Schools and Amenities: Why Property Characteristics Vary

Living near good schools and daily conveniences sounds like a straightforward recipe: buy close, pay more, expect steady demand. Yet anyone who has toured multiple listings in the same general area will notice a stubborn pattern. Two homes a few blocks apart can feel like they belong to different markets. One is quiet, bright, and family-friendly. The other has street noise, a different school assignment, or a layout that makes everyday life harder. The reason is not just “

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Warehouses vs Stocks: Liquidity, Leverage, and Risk Tradeoffs

There’s a particular kind of trader’s grin that shows up when you tell someone you’re comparing warehouses to stocks. Half of them picture wall-to-wall shipping containers and a warehouse manager named Darren who knows every key code by heart. The other half picture a sleek spreadsheet, candles on a chart, and the comforting lie that volatility is just a number. Both mental images are partly wrong. The interesting part is what happens when you stop debating vibes and sta

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Buying a Secondhand Condo: Property Characteristics Checklist

Buying a secondhand condo can feel straightforward on the surface: the listing price is set, the floor plan is familiar, and the building is already standing. But the real work starts when you stop admiring the view and start interrogating the property. In my experience, condos do not “behave” like new construction. They carry evidence, sometimes subtle, of past maintenance choices, tenant lifestyles, and how the building has been managed over time. If you approach the purc

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How Landed Houses Outperform Stocks for Long-Term Investors

A landed house can be annoyingly unglamorous. It has no stock ticker, no slick pitch deck, and no glossy quarterly update promising “acceleration in user growth.” It just sits there, collecting rents when you rent it out, and collecting memories when you live in it. The weird part is that this plainness is exactly why it can beat stocks for long-term investors, especially if you measure performance using the full mix of cash flow, leverage, inflation protection, and control

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B1 Properties and Separate Buildings: Understanding the No Land Subdivision Rule

When people talk about B1 zones, the conversation usually starts and ends with what can go where. But there is a quieter rule that ends up mattering just as much for feasibility, design, and even how developers structure their projects: the “no land subdivision” requirement when industrial and White uses are placed in separate buildings. If you are planning a B1 development and you are thinking of separating activities into different buildings, this rule is the hinge poi

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Warehouses Investment vs Stocks: Building Resilience with Real Assets

There’s a special kind of optimism that lives inside stock tickers. You can almost hear the market breathing through the screen. One minute you’re up, the next minute you’re “learning a lesson.” It is exciting, in the way a drum solo is exciting, right up until you’re trying to sleep. Warehouses, on the other hand, don’t care about your brokerage app. They sit there, day after day, with their stubborn concrete personality. Tenants come and go, repairs happen, leases roll

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