Dear friend,
Every year, regardless of economy situation, we hear of individuals who upgrading their HDB or Condo units, buying a second property, investing in a commercial space, or growing their property empire.
You may even know a friend or two who have joined their ranks.
And if you were like me, back in 2010, two questions are probably at the back of your mind:
- How did they get started? And,
- Where did they find the money?
Let's forget about the lucky ones with family inheritance they can tap on from an early age.
I was more interested in understanding how an average Singaporean like you and me could break out of the rat race and upgrade my life.
And as you can probably guess by now, the answer lies in the property market. All you really need to start is a HDB flat that you've owned for at least 5 years.
Let me explain how...
HDB psf Rates (1999 to 2019)
While the year on year increase fluctuates, the average 10 year period shows an overall grown in HDB psf prices.
We've all heard that property prices in Singapore will never drop and that it will only go up.
Now, even if you didn't do your homework and skipped your fact checks on this statement...
It's common sense when you really think about it. After all, just considering the price of a unit in Orchard Road, it is way higher today than if you were to compare it to the '50s or '60s period.
But that's Orchard Road.
What about the heartland areas where your HDB or condo is located?
Do they experience the same Appreciation Rate like the units in the highly sought after districts?
Apparently, a quick check from URA shows that they do.
The average psf of HDB apartments have risen quite significantly over the years.
In fact, over an almost 20-year period, the average psf rates have almost doubled.
Sure, we could call this hindsight bias since we're reviewing data that has already passed...
But I'm sure you would agree with me that if we were given a choice, we would have hoped our parents or ourselves had this foresight 10 years ago.
Or 10 years before that.
But the fact is...
We can't turn back the clock. What we can do is to start and prepare for the next 10 years, and the 10 years after that, and so on.
Because while you may have missed that last 10-years cycle, there were many other young couples (back then) I had the good fortune to help multiply their asset and wealth. They understood the opportunities and they acted on it.
To date, I have helped my clients make an estimated SGD 23 million dollars of cumulative growth. And that's a conservative estimated amount.
Today, I want to help you.
But only if you're serious about building a long term wealth system through property.
Here's how...
Private psf Rates (1999 to 2019)
A similar trend can be seen with the private apartments as they've also doubled within the same 20 year period. However, their appreciating rate is even stronger than the HDB rates since the government doesn't step in as often to control prices.
Asset Progression Strategy Consultation
This is a 45-mins intensive one-on-one session where we will analyse and strategise how to leverage on your available assets. Over the years, I've been perfecting my Property Wealth Accelerator framework which quickly calculates your current property purchasing power while predicting your growth potential. This helps us chart out a structured estimate to help you achieve your long-term financial goals.
In fact, here's a quick breakdown of what we will be doing during those intense 45 minutes:
- Property Purchasing Power Analysis. We will uncover just how resilient you are financially. Most people just rely on their combined take home income and miss out on the huge pie sitting in front of them.
- Investment Lifecycle Roadmap. Investing is never about just randomly grabbing what's in front of you. Instead, we first need to determine your investment needs and the type of properties that will help you achieve your goals.
- Current Assets Optimiser. You've probably heard of the term make your money work harder for you. Let me show you how we put this into practice.
- The Stashed & Forgotten Fund Leverage. Most people forget that they have a powerful platform to grow their wealth at their disposal. Not us, we intend to tap on it and accelerate its growth potential.
Who Will Benefit From This Session
As you can see, the 45 minutes are going to be intensive as there's a lot we have to cover. And the truth is, I can't help everyone. There are some minimum requirements when it comes to property investing, though it is probably not what you think.
You don't have to be wealthy already to get started. That's a misconception many of us have.
Instead, as long as you fulfill these 3 simple criteria, you're more than applicable to start:
- Have a combined income of at least $7k (that means an average of $3.5k each)
- Have completed your 5 years MOP (if you're staying in a HDB)
- Can save at least $2k a month (that's $1k each)
Those are the "legal" requirements, but most importantly... you must be serious and interested in your financial future.
Because no amount of tactics or strategies are going to help if you are not committed to growing your wealth.
Instead, if you are, then my promise to you is...
I'll help you chart out a plan you're comfortable to follow and execute without ever breaking the bank.
And if at any point of time you're not comfortable with my strategy, feel free to stop me and walk away. We can still be friends and I will thank you for spending that 45 minutes with me. No hard feelings.
But imagine if during that 45 minutes you discovered a new investing perspective that could help you gain an additional $200,000, $500,000 or maybe more within the next 3 years...
Wouldn't it be worth that short 45 minutes of your time?
I know you mean the best for yourself and your family.
That's why I'm serious about helping you achieve your goals and it starts with our first session together.
So, fill up the form, and I'll chat with you soon.
Wishing you every success,
Terence Lee