Welcome. My name is Weeko Lee. I’ve been a property agent for the past 7 years. I have helped dozens of clients analyse, plan, upgrade and seek their dream home or progress to own more than 1 property. As a Singaporean, I also have upgraded my first HDB home to a private property. I sincerely believe that having emotional attachment to a property is not useful.
This has resulted in me to proceed with Asset Progression – allowing me to upgrade twice and profit twice. I currently own 2 properties, with systematic analysis, planning & execution.
Of course, investing in properties is not always a bed of roses. Not all property transactions are profitable & I’ve personally witnessed individuals making deals that resulted in million dollar losses. In a nutshell, property investment is never buying with emotion.
One of the key factors that investors look out for is property with a good location. Is it true that location is the most important factor? Agents who are trained to buy & sell – do not always have the experience & knowledge of a solid property investment.
Many of your friends have warned you that property prices are still very high & it is best to apply the “Wait & See” strategy. Is it better to hold or to sell now? I have done my research by referring to reports from property analysts, Singapore White Paper & Master Plan. At the same time, being an agent, I am very active on the ground – as I negotiate for rental leases on behalf of both tenants and landlords.
With my ear close to the ground as well as networking with high networth property investors, coupled with knowledge under my belt – I am glad I have made some wise choices in terms of property investment.
I am blessed that both my properties are giving me a good ROI.
Property upgrading or investment is not as hard as what you think. However, you have to do your fair share of homework with a systematic approach so as to make a wise decision. Your vision of owning properties with profitable yields and securing your retirement is possible – but only with the right systematic & logical approach.