Property Investment Singapore | Start Now While You Are Young

Property Investment Singapore is certainly one of the hottest topics appearing in local media and news. Property prices and various cooling measures will affect almost all Singaporeans in one way or another as we are a country with a very high property ownership be it a public housing or private housing.

Like many Singaporeans do, we hope to get rich so as to be financially free to do the things we like at any time. While there are many Investment vehicles out there such as running businesses, forex trading, stock trading, commodity investments like gold/silver, but yet nothing beats property investment in Singapore. Personally, i have tried many different ways of building wealth. I earned and I lost too.

Through years of investment experiences, investing valuable properties in Singapore at the right time could be jolly well a jackpot for many Singaporeans. Property prices may be up and down and the overall long term property trend is certainly an upward one. Why? Singapore as an island by itself has a problem and that is land scarce. Even if land reclaimation helps to make the island map bigger, but the increasing demand from her population and the ever increasing land sale prices by the Government will only fuel the property prices upward.

Who are the top 50 Richest in Singapore?

With reference from Forbes – Top Singapore 50 Riches List [ Updated August 2013], the first to be ranked is our local Property tycoons, Far East Organisation’s owners namely Robert & Philip Ng with a total net worth of $10,600 million. How about the second in the rank? It is still another property tychoon, City Development’s founder namely Kwek Leng Beng & family with a total net worth of $7,100 million. Other tops in the list who are also related to property investments and development including the Kwee Brothers,  Raj Kumar & Kishin RK, Koh Wee Meng of Fragrance Hotel, Choo Chong Ngen of Hotel 81, Ching Chiat Kwong of Oxley Holdings and etc. Not only property tycoons, local banks are also beneficiaries of the increased property/home loans especially whenever there are bull runs in the Singapore property market. Click here is to see this entire Forbes list 

The point here is not to eat sour grapes. In fact, we should bless these rich people and their family for being successful in property investment in Singapore. They have achieved the success and contributed to Singapore economy in one way or another. To me, they are simply inspirational.

And being an average Singaporean, why can’t you and me be also successful in property investment? I believe if there is a will, a right mentor and a system, we can also do it and make it a great success to our own.

To build property riches of our own, start young and START TODAY.