was so last year.

But we’re going to talk about it anyway, because it was a great year for Welcome Home. Over 600 people contacted us, with over 500 receiving complimentary assessment and eligibility checks – free of charge.

SOURCE: https://www.facebook.com/WelcomeHomeSG/

From there, we met and helped 109 people plan for their 5-10 year property road map.

These meetings allow us to thoroughly understand the needs, wants and concerns of our clients. In most cases, we wish to achieve these desired goals:

1) How can working class secure retirement comfortably in time to come?

2) How to Upgrade or Right-size from current property with an ease of mind?

3) How to retain a strong rainy day fund after upgrading or right-sizing?
4) How to diversify property portfolio to make passive income from reliable property assets?


You may click below to get a complimentary financial assessment!

And as we all know, the first step of marathon is the hardest, but it’s the time of the year for fulfilling resolutions, isn’t it?

Also, we get these FAQs (which in our case, stands for Frequently Answered Questions):

  • Is the market in a good place for me to make a move?
  • Can you tell the future?
  • How have the 2018 cooling measures affected the market?
  • What’s the property forecast for 2019 and beyond?

It’s important not to get hung up on the higher cash-down and lower bank lending limits, but to assess your options.

Daunting? Yes, but we’re here to help you.

IS 2019 MY YEAR?

The short answer is a resounding YES! Take a look at the property price index for January 2019:



The market was rising steadily since 2017 with the enbloc fever and into Q12018. It was cooled down since the cooling measures were announced on the 6th July 2018.

The market has barely rose before it was clamped, our advice is always the same – there will not be a better time than now. Of course, as we always tell our clients: regardless of the opportunities you are exploring or speculating, always have a mental safety net and never underestimate the value of being prudent.


And if practicality is the name of your game, then consider this: while there’s nothing wrong with being content with living in a HDB – they’re top-class properties that put most other government housing around the world to shame – is that they’re depreciating assets ultimately.

With all the uncertainties around what will happen at the end of an HDB lease, most people have accepted that HDB values will no longer rise as they used to, and will in fact begin to see a downward trend in the future.

SOURCE: HDB.gov.sg

In layman terms, HDB prices have been dipping from 2012 and have been plateauing ever since.

Owners who have bought your HDB property before 2010, you are in a slightly beneficial position, do drop us a PM to find out why.

If you currently own a HDB and are wondering whether it’s time, then give our previous post (link below) a read to learn what your options are. (And if you’re not reading inclined, give us a call.)

Taking the theme of practicality a step further: people late to the game will always pay more, whatever the game is, and the game we’re focused on is property. And that’s not to take it lightly – it’s a very serious game indeed. While private property prices continue to rise slow (but steadily), the best time to buy or upgrade remains the same – now.

In PART 2 of this topic, we will explore further why 2019 is the year you should take upgrading action.

If this article has begun to give you some confidence, take the next step and contact us for tips on your next step.

We’re Welcome Home.

We’re real estate experts who will guide you every confusing step of the way to your new condominium.

Give us a call, and join us on a real estate walk – we’ll buy the coffee!

Silver Lim 91477454

Louise Lim 91284293