Property owners in Singapore often face challenges when trying to profit from upgrading their homes. Melvin Lim, CEO and co-founder of PropertyLimBrothers, addressed these concerns at a recent event hosted by 99.co and Seedly.
Melvin identifies three common pitfalls property owners should avoid. The first is inaction, as failing to invest during peak earning years can mean missing out on substantial opportunities. The second is random buying—purchasing properties impulsively without considering factors beyond new launches or freehold status can lead to missed gains. Finally, he introduced the concept of the “disparity effect,” where certain property types may appreciate faster than others based on shifting market trends.
Avoid costly mistakes, stay informed, and make profitable investment decisions by applying these insights. Watch on for the detailed sharing!
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Instagram: instagram.com/melvin_propertylimbrothers
Facebook: facebook.com/melvinpropertylimbrothers
LinkedIn: sg.linkedin.com/in/melvin-propertylimbrothers
Tiktok: tiktok.com/@melvin_plb
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