December - 2021

Aaron Lin Property

Dec 28, 2021

AGAIN? MORE COOLING MEASURE? 35%?

After the breakdown of the December 2021 cooling measures affecting end consumers, we change our sights to focus on something that does not affect the consumer directly but is important nonetheless. Summary: With the release of more GLS sites in 2022, there is an increased supply. Coupled with the 35% ABSD for developers, the risk has increased for developers and these are part of the measures to stem prices from increasing. Supply increase through GLS On the confirmed list f

Aaron Lin Property

Dec 23, 2021

2021 COOLING MEASURES - DO YOU REALLY UNDERSTAND?

The first reactions to the 2021 Cooling Measures that take effect from 16th December 2021. We go through the effects this round of cooling measures will have on the property market, and discuss if it aligns with Aaron's opinions and evaluation of the market! Summary: Cooling measures applicable from 16th Dec have 3 main items: Review of Additional Buyer's Stamp Duty (ABSD) rates Total Debt Servicing Ratio (TDSR) tightening of threshold Loan-To-Value (LTV) limit tightening The

Aaron Lin Property

Dec 21, 2021

2021 XMAS Special: WHAT IS NEXT FOR THE SG PROPERTY MARKET? 2022 PRICES GOING DOWN?

If you have been following Aaron and his insights, this article and video is one not to be missed. This Xmas special is a lengthy one that breaks down what happened in 2021, what's brewing and perhaps shed some light on the possibilities that await us in 2022. Editor's Note: This video is prepared 1 week prior to cooling measures being announced. There are always going to be many different perspectives on how one interprets the property market and the ways of the industry. Wh

Aaron Lin Property

Dec 17, 2021

"I am a serious seller, why is my unit not selling?"

In a red hot upmarket with high demand, we are seeing HDB units get sold within a week and at most a month. So why are some 'serious sellers' finding trouble in selling their units or not even getting viewings? We share about how to evaluate your unit and rectify this 'not selling' problem for sellers. Read on! Summary: Sellers want to get a higher price, but this is always dependent on demand. Everything starts from the property advertisement and pricing. Evaluate the reason

Aaron Lin Property

Dec 11, 2021

What makes a good property agent? Awards? Track Record?

Are you sure you got yourself a good agent? How do you evaluate property agents that you meet before deciding who to engage? We will be sharing about some important attributes for a good agent and the best way to seek them out. Read on for details! Summary: Clients want to know what's so special or good about an agent that they engage. Key attributes include knowledge, professionalism and good rapport. Successfully acting in the client's interests mean more than any awards. C

Aaron Lin Property

Dec 11, 2021

TIPS TO HELP YOU IMPROVE YOUR PROPERTY SEARCH!

Ever wonder how agents do their search of property listings? How different is it for an experienced agent compared to a direct buyer? We have compiled all the tips on improving this search process and more! Summary: An agent and direct buyer search for property units differently. Buyers look at photos much more than agents does. Use price as a strategy to conduct filtering of listings and only the physical viewing can allow a buyer to feel the home for themselves. Looking for

Aaron Lin Property

Dec 10, 2021

3 BIGGEST REASONS OF SUCCESS AS A PROPERTY AGENT

Are you looking to join the real estate industry? Perhaps, you are an agent looking to better yourself. Whatever it is, we are here to share some tips on the path to success in the industry through learning from Aaron's 12 years of experience. Summary: Many people wish to join the real estate industry, be it as a part-timer or otherwise. The three main challenges of getting success is lack of a network in a tough industry, not keeping up to date with the latest developments i

Aaron Lin Property

Dec 7, 2021

10 TOP QUESTIONS PROPERTY BUYERS HAVE TO UNDERSTAND

As a seller agent, Aaron has come across all sorts of questions from direct buyers. In the spirit of sharing and teaching about the property market, we will explain why these top 10 questions are either useless to ask or will not get any answers from agents. The purpose of compiling these questions is not to criticise or shame buyers that ask these questions. Rather, we see it as a lack of understanding and hope for buyers to gain the knowledge required to be ready for their

Aaron Lin Property

Dec 6, 2021

3 THINGS YOU MUST KNOW WHEN NEGOTIATING A PROPERTY DEAL SALES OR PURCHASE

Negotiating a property transaction isn't easy, much less if you are doing it for the first time. So we have compiled the 3 things you must know for your next negotiation! Summary: Other than being about the price and money, negotiation is also about understanding Time factors, Qualifications & Eligibility, & Conditions to be met for a property transaction to go through. The value of an agent is in the negotiation process rather than the administrative paperwork. To understand

Aaron Lin Property

Dec 5, 2021

What is CO-BROKING? A breakdown of CO-BROKING from Aaron's experiences!

Disclaimer note: Article's content is based off Aaron's personal opinions and experiences for sharing purposes. What is co-broking? how does it work? Who does it benefit and why? All these are discussed from Aaron's experienced point of view. Summary: Co-broking involves buyer agents getting their commission from the seller agent, which creates potential problems of buyer agents not acting in their client's interest. Ideal scenario is when the buyer & seller pays their respec

Aaron Lin Property

Dec 3, 2021

2 TYPES OF PEOPLE TO AVOID DURING A PROPERTY PURCHASE OR SALE

Ever wondered about the nightmarish experiences of dealing with property transactions? Aaron lists the 2 types of people that contributes most to the tough or painful experiences to an agent for property purchases or sales. Summary: The two types of people to avoid are agents that like to 'play punk', and inexperienced buyers. These categories of people tend to be problematic in their own ways. Why? Read on to find out. In property transactions, buyers & sellers all want a sm