HOW I SOLD ALL THE PROPERTIES IN JANUARY? WHAT IS SINGAPORE PROPERTY CHAIN EFFECT?
- Aaron Lin
- Apr 23
- 1 min read
In this video, real estate agent Aaron Lin reflects on his successful property sales in January and explains the concept of the "Singapore property chain effect." Here are the key takeaways:
January Sales Performance:
Aaron highlights that he achieved a record number of sales in January (1:16-1:31). He attributes this success to strategizing specifically for a "late Chinese New Year" year, noting that the second and third weeks of January proved to be the most active period for the market before the pre-holiday slowdown (3:41-3:53, 21:09-22:23).
The Singapore Property Chain Effect:
The "chain effect" refers to the interdependency within the resale market, where sellers often need to sell their current home to fund their next purchase (16:47-17:09).
Aaron explains that the market currently faces headwinds because many "new buyers" (those not currently owning property) are being diverted toward government-supported BTO (Build-To-Order) or SBF (Sales of Balance Flats) units (16:14-16:40).
This creates a bottleneck: without a steady influx of new buyers to kickstart the chain, existing resale sellers struggle to finalize their transactions, effectively slowing down the entire market cycle (17:37-18:08).
Strategic Advice:
Aaron emphasizes the importance of proper pricing and vetting. He notes that he often rejects listings with unrealistic price expectations to avoid wasted marketing costs and ineffective viewings (1:34-3:27, 8:43-9:21).
He stresses that buyers who have not yet sold their current homes often cannot proceed with a purchase, which is why he prioritizes buyers who are financially ready (14:40-15:00).
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