Building Generational Wealth Through Real Estate Investments
ABOUT ME
Hello, my name is Joshua Chua and I am a Senior Associate Director from PropNex. I am working with a team of 90 realtors collectively known as JNA Real Estate. Our journey started in 2017, and over the past 8 years, we have transacted $1.5 billion worth in real estate. Our team has consistently emerged champions in our category for 5 consecutive years (2019, 2020, 2021, 2022 and 2023).
Our track record includes:
8/10 of over 2000 homes sold at record prices for home owners
Average 19.6% per annum investment returns for 500+ investment clients
I am also a property investor, using the exact same strategies that I have implemented for my clients on their investments, I had purchased a 3-bedroom condominium at Normanton Park. Till date, my investment purchase has yielded capital gains of close to $400,000 in 2.5 years (approximately 23.15% p.a. returns).
WHAT DO MY CLIENTS SAY ABOUT ME?
Many first time buyers, home upgraders and investors do ask me this question:
“Property prices are at a high now compared to 3 years ago, will the market have a price correction?”
In today’s market, it is indeed true that property prices are higher than what it was 3 years ago. However, does that mean that we should wait for property prices to come down and enter then?
More often than not, the market goes up higher than it last went down. So is it wiser to “time the market” or “to stay invested”?
For prices to have a correction, there must be speculative activity and over-leveraging to form a property bubble, here are some statistics to debunk myths about Singapore’s Real Estate Market.
Property Bubble Index
Based on a global study from 2021 to 2023 by UBS on the major cities across the world, Singapore’s Property Bubble Index have decreased despite the increase in prices over the years. Singapore recorded 0.52 in 2021, 0.5 in 2022 and 0.47 in 2023. Compared to Tokyo, another major city in Asia, which recorded 1.46 in 2021, 1.56 in 2022 and 1.65 in 2023.
Source: UBS
High Occupancy Rates
Out of 100 homes in Singapore, approximately 92% of them are either owner-occupied or rented out (i.e. 9 out of 10 occupied). High occupancy rates also equates to a balance in supply and demand in the market, which curbs speculation of property prices and rents.
Source: Urban Redevelopment Authority
Household Balance Sheet
Singapore households have a strong asset to liability ratio, which strengthens their holding power in the event of a major economic downturn. It also decreases the probability of home owners defaulting on their mortgage loans. In 2024 Q1, household financial and residential property assets were recorded at $3.23 trillion compared to household liability at $0.35 trillion, which has a ratio of 8.17 times.
Source: DOS, Singstat
Active Intervention by S’pore’s Govt
Singapore’s government has continuously introduced cooling measures to curb speculative demand since 2010. From 2019 to 2024, the government has introduced a total of 5 cooling measures amidst the high interest rate environment to actively regulate the market to ensure that there is prudent borrowing and that home buyers are not over-leveraging, which would have a higher probability of loan defaults.
Source: Ministry of National Development
Resilience during the Pandemic
In March 2020, when the prices of real estate in the world's major cities declined by 20-40%, Singapore’s property price index dipped by 1% and rebounded in the next quarter. This proves that Singapore’s real estate fundamentals have a strong foundation where there are almost no speculative activity in the property market.
Source: Ministry of National Development
Median Household Income
In 2023, the median household income is at $10,869 per month. Compared to 2019, where the median household income stands at $9,425 per month. This equates to a 3.1% increase per annum. Based on a salary of $10,869, it is within the affordability range to afford close to a $2m private property or a $900k HDB housing.
Source: DOS, Singstat
IN-DEPTH ANALYSIS OF SINGAPORE’S REAL ESTATE MARKET
OUR CLIENT INVESTMENT TRACK RECORD
~500 INVESTMENT CLIENTS SERVED
19.56% ANNUALISED GAINS AFTER 3 YEARS OR MORE HOLDING PERIOD (WHICHEVER LONGER)
OUR CLIENT CASE STUDIES
what are the 5 IMPORTANT FACTORS that we constantly adhere to, for our 500 clients to achieve 19.6% p.a. returns on average?
Sooo…
Our Investment Approach
Our Investment Approach
OUR INVESTMENT APPROACH
A BLUEPRINT THAT HAS CONTINUITY IN DIFFERENT STAGES OF YOUR LIFE TO ENSURE YOU ACHIEVE YOUR LONG TERM GOALS
WHAT TO EXPECT WHEN YOU ENGAGE US?
AWARDS & ACCOLADES
PROPERTIES SOLD
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E Maison - 2 Bedroom Condo
Sold $90,000 above last transacted within one weekend
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308A Punngol Walk - 4 Room HDB
Sold $55,000 above last transacted within two weeks
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The Amore - 4 Bedroom Condo
Sold $80,000 higher than one floor above within one month
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228 Pasir Ris St 21 - 5 Room HDB
Highest transacted 3rd floor unit in the neighbourhood
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Stirling Residences - 2 Bedroom Condo
Bare unit, sold $35,000 above last transacted
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33 Ghim Moh Edge - 3 Room HDB
3rd floor unit facing bin centre, sold within one month
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685C Jurong West Ctrl 1 - 4 Room HDB
Sold $30,000 above last transacted within two weeks
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323B Sengkang East Way - 5 Room HDB
$35,000 above last transacted, unit was tenanted for four years
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614 Yishun St 61 - Executive Maisonette
Sold $50,000 above last transacted within one month
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685C Jurong West Ctrl 1 - 4 Room HDB
Sold within three weeks of marketing for sale
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Kingsford Hillview Peak - 1 Bedroom Condo
Sold within one month of marketing for sale
FREE VALUATION REPORT
WANT TO FIND OUT HOW MUCH IS YOUR PROPERTY WORTH?
READY TO WORK WITH US?
Our consultation is specifically catered to each individual based on their needs. We believe everyone’s journey in Real Estate is different.
Want to find out how you can move into the next phase of your Real Estate journey? Drop us your name, contact and some information about your needs to get started!
