Is property a hedge against inflation?

Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
Post Reply
User avatar
PNGMK
Moderator
Moderator
Posts: 8229
Joined: Thu, 21 Mar 2013 9:06 pm
Location: Sinkapore

Re: Is property a hedge against inflation?

Post by PNGMK » Mon, 12 Oct 2020 3:04 pm

A trust costs around $10,000 to set up. I've looked into setting one up for a group I run as a way of handling the Shareholder Agreement and Allocations. Not cheap to set up and not cheap to maintain.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

Singapore Property Search

 

TropicalExpat
Chatter
Chatter
Posts: 339
Joined: Thu, 28 May 2020 5:02 pm
Answers: 1

Re: Is property a hedge against inflation?

Post by TropicalExpat » Mon, 12 Oct 2020 3:34 pm

PNGMK wrote:
Mon, 12 Oct 2020 3:04 pm
A trust costs around $10,000 to set up. I've looked into setting one up for a group I run as a way of handling the Shareholder Agreement and Allocations. Not cheap to set up and not cheap to maintain.
Thanks for the insights!

User avatar
malcontent
Reporter
Reporter
Posts: 883
Joined: Sat, 22 Dec 2007 11:52 am
Location: Pulau Ujong

Re: Is property a hedge against inflation?

Post by malcontent » Wed, 23 Dec 2020 10:23 pm

Most in Singapore have large exposure to the property market. The idea of owning a home worth 7 figures is rare in most parts of the world, but it’s common here.

Since 2008, the low interest rates have made it a no-brainer to buy rather than rent. My monthly interest expense over the past 10 years has been about 20% of the rent I’d have to pay for the same unit.
It’s not what happens to you, but how you react to it that matters ~ Epictetus

User avatar
PNGMK
Moderator
Moderator
Posts: 8229
Joined: Thu, 21 Mar 2013 9:06 pm
Location: Sinkapore

Re: Is property a hedge against inflation?

Post by PNGMK » Thu, 24 Dec 2020 10:41 am

malcontent wrote:
Wed, 23 Dec 2020 10:23 pm
Most in Singapore have large exposure to the property market. The idea of owning a home worth 7 figures is rare in most parts of the world, but it’s common here.

Since 2008, the low interest rates have made it a no-brainer to buy rather than rent. My monthly interest expense over the past 10 years has been about 20% of the rent I’d have to pay for the same unit.
Agreed.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 38740
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 4
Location: Retired on the Little Red Dot

Re: Is property a hedge against inflation?

Post by sundaymorningstaple » Thu, 24 Dec 2020 3:15 pm

It was the reason I bought my ulit in 1999 at the close of the Asian Financial Meltdown of '97. Taking a 14 year mortgage was also a big benefit as well.
Life isn't about avoiding the bruises. It's about collecting the scars to prove we showed up for it!

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Property Talk, Housing & Rental”

Who is online

Users browsing this forum: No registered users and 12 guests