Secrets of Singapore Property Gurus by Mr Propwise

For BigFatPurse readers only – S$5 off “Secrets of Singapore Property Gurus”. Enter discount code when prompted: “bfp5”

I read lesser books on property than equities. Not because I am not interested in property, but there are less books out in the market. With less books and less competition, the quality of information tends to be poorer. But I was pleasantly surprised when I pick up this review copy from Mr Propwise, who is the author of this book that I am reviewing about. If you remember, he did a guest post on BigFatPurse in Dec 2010 – “Should you invest in properties and equities?”.

Back to the book, Mr Propwise was able to gather 11 property experts in various areas, law, financing, en bloc, financial planning, training and sales. These experts are notable people in the local property scene and some of them have published their own property books. Mr Propwise was able to tap their minds and distilled the knowledge and experience into succinct text that is straight to the point. You would be overwhelmed by practical tips one after another. Take your time to read and re-read again on these words of wisdom.

You would be interested to know the 11 property experts:

1. 1. Rayney Wong – Lawyer, investor and bestseller author (he wrote “Secrets of Property Millionaires”)
   2. Getty Goh – Director of Ascendant Assets Pte Ltd (he wrote “Buy Bye Property”)
   3. Mohamed Ismail Gafoor – CEO of Propnex Realty Pte Ltd (he wrote “The Ultimate Guide to Real Estate Investment in Singapore”)
   4. Steve Melhuish – CEO of Allproperty Media Pte Ltd (started this company which owned propertyguru.com)
   5. Kelvin Fong – Team Leader of Powerful Negotiators (no 1 group district director in Propnex)
   6. Dennis Ng – Director of Leverage Holdings Pte Ltd (he has 17 years of bank lending experience and founded housingloansg.com and masteryourfinance.com)
   7. Alfred Chia – CEO of SingCapital Pte Ltd (SingCapital is a Independent Financial Advisory firm providing a comprehensive range of personal financial services)
   8. Amolat Singh – Partner of Amolat & Partners (Lecturer at Singapore Institute of Commerce and Stansfield College)
   9. Mark Chua – Partner & Head of Property Law Department in Tito Isaac & Co LLP (Specialist in property law covering all property types)
   10. Karamjit Singh – Managing Director of Credo Real Estate (Singapore) Pte Ltd (co-founded Credo and is the leading agency for collective sales)
   11. Dillon Loi – Master Trainer of Real Estate Academy (he wrote “Singapore Real Estate Sale & Investment Handbook”)

As you can see, you can learn from so many people in just one book. Just one idea that you can apply successfully would make you very rich.

The way the book is structured is easy to follow. Each person takes up a chapter so that the reader can follow his argument and chain of thought from the start to the end. I believe Mr Propwise has interviewed the people but have paraphrased such that the book does not present itself like a Q & A session. On the other hand, he has posted good questions to elicit the gems from these experts.

These are the burning questions most investors would like to hear from the experts:

• How to time your entry in the property market
• The biggest mistakes property investors and novices make
• Should buyers go ahead with their purchase despite the measures?
• Their top property financing (and refinancing) tips
• What a landlord should do to protect his interests before renting to a tenant
• What an investor should check before committing to a property purchase
• How to find properties with en bloc potential
• Top reasons why most en bloc deals fail

Reading the book is as good as having a real conversation with the experts. In the first place, if you do not have good connections, you would not even have the chance to talk to these people. Mr Propwise has brought them together to you. Secondly, you would not have grasped all the points that the experts have shared and Mr Propwise has captured and summarised for you.

It’s a book that I will keep it on my shelf, something that I would refer time to time again for the words of wisdom.

You can buy the book here.

For BigFatPurse readers only – S$5 off “Secrets of Singapore Property Gurus”. Enter discount code when prompted: “bfp5”

You should also visit his blog propwise.sg for more great property reads!