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Tuesday, December 20, 2011

Merry Christmas and have a Blessed Year Ahead!

Hi guys, it has been a very very fast year for me at least. 2011 literally zoomed by and now we are about to welcome 2012. I am going away till early next year as I clear my head. I need to force myself to rest as it has been a brutally exhausting year for me.

I would like to wish you a Merry Christmas and hope you find happiness in the year ahead.

God Bless and all the best!

Your Friend,
Andy Ong
20/12/11

Tuesday, December 13, 2011

A Tale of Two Cities.

Hi Guys and Gals, I just finished conducting a class in property investment. Many of the students were very kind in giving us encouragement. They include:

“Andy, thank you so much in opening our mind into a unique perspective frame. We all could not think like how you perceive, a rare breed mindset--million times over. Awesome! I've analyzed all the figures. They are ALL updated--awesome!”
Dr Peter Yan

“I am one of the students of the Property Investment Program Intake 21. I would like to express my appreciation for your generous impart of practical knowledge in the property investment in Singapore which is really an eye opener to me.”
Mr Thomas Ngo

My team is very proud to have received compliments and I’m proud of them for organizing the whole affair efficiently. Last week, I brought a bunch of students overseas to look at development projects and they were pretty amazed at how tremendous wealth can be created via property investments. The number of woos and wahs were amazing as many were dumbfounded until now on how much developers were making.

I was in Seoul last week when I received news of the latest round of property cooling measures. I am not holding on to much residential property right now so I am less concerned. The government is concerned about foreign money eroding the ability of Singaporeans to buy as prices are pushed to new record highs. Think about it, a fresh graduate can never hope to own private property given that our real income levels have not gone up by that much and property prices have doubled or even more over the last few years.

We are probably the country in the world to introduce new measures to cool our property markets. The Hong Kong government is now contemplating lifting measures. This is an interesting observation. Perhaps the Singapore government expects more funds to come in from Europe and other countries which may be quite possible.

Given the low global interest rates and high levels of liquidity, I had told you earlier that prices will hold and my prediction were absolutely spot on. The latest round of measures have sparked a round of bashing by analysts, who are predicting prices falling by as much as 30%. Whilst I am not optimistic, I really think that will be drastic. Why? I believe the government will certainly want to maintain a certain level as drastic price falls destabilize the economy as well.

Unfortunately, this fresh round will initiate fresh interest in commercial property. That’s life. My students are well positioned in this environment and you know why. In fact, I’m quite pleased.

Till the next blog, have fun making money!

Your Friend,
Andy Ong
13/12/11

Thursday, December 1, 2011

The volatile real estate markets and how to make money out of it.

Its Christmas soon, I always feel good over this season as we commemorate the anniversary of the Lord’s Jesus birth. The new decorations at Orchard looks amazing even though they used blue all over again. Let’s hope we don’t have a blue Christmas.

At the recent Success Forum, many of you were asking me how I manage to call the trends correctly despite all the economic gloom that is going on. Yup, I called for residential prices to hold and commercial to still have upside. Its been 3 months and my reading of the markets seems to be quite right as many owners are able to weather any negativity due the low holding costs as interest rates are still at a record low. Remember, its all about supply and demand. With not that many enthusiastic sellers, well prices will hold.

Right now, it does seem scary with China’s growth slowing and the Europeans cannot seem to get their act together. This brings me to recollect what happened in the mid 1990’s when the Asian financial crisis occurred. How fortunes have reversed! The US and European economies are now in doldrums. The people are now refusing to swallow the bitter pills that were prescribed by the IMF and this is simply déjà vu.

The irony is the hypocrisy but that is another story all by itself. To be very honest, I am feeling a little uneasy about the property markets. There will have be some room for softening as the markets have come up substantially. So if you are shopping for an investment residential home, you might want to hold off for the time being. Some properties will emerge stronger than other asset classes as the demand and supply balance corrects itself. If I were you now, I will want to learn about what to be looking out for in case bargains do appear and thus you will be in the right place to take full advantage.

The commercial scene is still quite active, as players are now jostling for deals. I will weigh the pros and cons of the market and get back to you once I manage to get enough rest and have a clearer perspective.

Till then, take care and don’t make any wild moves!

Your Friend,
Andy Ong
01/12/11

Wednesday, November 30, 2011

Stretched to the Max!

Hi guys! Apologies to all of you as I have not been updating my blog. Workload has been absolutely crazy as I am exploring new projects and I have been tied down by all the operational issues. It seems I am the bottleneck behind the growth of the organization. I am always doing new things as my people have issues rationalizing and keeping up. I am so blessed to have good people behind me but as I go into all my new projects, even good folks have problems.

It is very extremely difficult finding good people. I really need a good hotel GM right now to assist me in putting all the details behind our hotel offering. It is a new and exciting concept and I am looking forward to propagating this concept throughout Asia. I hope to have al least 5 hotels under our wings by 2018 after our first opening in 2012. I know 1 property per year is hectic but I would quite enjoy the challenge.

I give thanks for all the opportunities that I have been given and it is important to realize the talents God has given you. More often than not, many of us complain that we have no opportunities but we have to reflect and ponder if we have used the potential we have been given in the first place. Quite a few of you have emailed me to ask for JV opportunities. I apologise as I have been busy but will think about getting more people in our management team over this Christmas break.

Time really flies and its gonna be a brand new year. I am hoping for a good break but when I look at my travel itinerary, I scratch my head, haha! I guess that’s life.

Till the next entry, take care and God Bless!

Your Friend,
Andy Ong
30/11/11

Friday, November 4, 2011

It’s Great Seeing You Again!

Our recently concluded Success Forum was an overwhelming success, for lack of better words. It was great making new friends and re-acquainting with older ones. Our speakers thoroughly enjoyed themselves sharing their views and words of wisdom with our audience. The response was overwhelming as over 1000 registered for the event. We thank you for your support and hope you enjoyed yourselves.

Quite a few of you were surprised by the number of full time staff present that day. I’m not sure how many were present that day but I guess about 30 of our colleagues were there that day. A lot of you think we are staffed by part timers like other event organisers. In Singapore alone, we have over 100 people on our full time payroll. In fact, the education business alone employs over 120 staff in the region.

I feel blessed that the various businesses that we are in have done well over the years. Below are a few photos from the event. I hope to have more of such sessions to keep the flame burning in you as life can really wear you down sometimes. I will be traveling this weekend to Vietnam and then Thailand(yes, I have to go to a flood stricken area.)

So wish me luck!

Here are some of the quick captures during the event.


Till next time, God Bless!

Your Friend,
Andy Ong
04/11/11

Monday, October 31, 2011

Its Halloween! Especially if you are a Chinese property investor.

Hi guys, Im just back from China where I just finished a 3 city tour and I will be departing for Vietnam tomorrow. It’s a bit hectic but that is life for those who have to continue on the path of growth. I came back from Fuzhou where my grandpa came from 3 generations ago. It’s a lovely place, one of the few rare Chinese cities where I actually would visit again on vacation.

Its Halloween today but property prices in Chinese cities have been haunting buyers. The Chinese government has been trying to rein in the rapid rise in prices and they have finally succeeded after developers resisted attempts. The previously cash rich developers ran out of bullets and have to get rid of some stocks to raise cash.

Prices in the core city areas have held up but sub-urban and rural towns have seen declines of up to 30 to 40%. This is happening all over China. In fact, some property buyers were furious and are trying to demand their money back as developers lowered prices on developments that they purchased. They are demonstrating quite aggressively but the developers are staying put.

Given that Chinese buyers is a key buyer of Singapore property, one should be concerned. In the last couple of years, developers like Far East have marketed their properties direct to Chinese buyers rather pro-actively. The Chinese have lapped up Singapore properties as the amount invested actually enhance their chances of getting permanent residency.

The Singapore government recently revised this policy and property purchases now are not included. Add the fact that their home markets are being affected, this two factors might impact demand from Chinese buyers. I will share my opinion of the overall impact on Wednesday’s Success Forum. See you then.

I received the following email from Eddie recently and it has certainly boosted my mood and enthusiasm to share. Its people like Eddie who really encourage me to continue to share to create wealth and I wish you guys all the best in the year ahead, HUAT AH!
Hi Andy,

Keep it short, PIP student, 15th intake. Just to share with you, took your advice and bought a unit at D10, Villa Azura, 6th Ave. for a price of 848psf in Mar 2011. Now worth more than 1250psf. Just got back from overseas and realise made more than 500K in about 6mths.

Wow! 157% profit. Kam Sia!

Thanks and regards
Eddie Foong



Till the next blog, take care and God Bless.

Your Friend,
Andy Ong
31/10/11

Wednesday, October 19, 2011

Attend and Prosper! Make full use of the downturn!

Hi Guys, I’m just back from Vietnam and immediately I rushed down to Sakae Holdings Dinner and Dance. Douglas Foo started the business at the height of the economic crisis in Year 1997. From a single store, it quickly grew. The group nowhas over 100 stores around the globe and employs thousands. I am proud to be invited to be on the Board of Directors when the company was listed on the SGX. It was the most over-subscribed issue ever, and certainly a proud moment for the founder.

You see, many opportunities are created in downturns. You either suffer or you take full advantage of them. Take folks like Douglas, he created an immensely successful business and created employment opportunities for so many people. You too can make a difference if you give yourself a chance to be successful.

I started my business at the peak of the crisis and bought commercial shop houses. It was extremely challenging and the bumpy ride I experienced was emotionally stressful but I do cherish those moments. These moves set the foundation for ERC Holdings today, marking our foray into the education, real estate and hotel businesses in Singapore.

We will share more with you at the Success Forum on 2nd November. Douglas, myself and Dr John Vong with share with you how to create opportunties for yourself in the property and business arena in the months ahead. We will share with you how to overcome fear, analyse market opportunities and move ahead and create a great future for yourself.

For our students, it is free but we have limited allocations so book your ticket today! See you there and God Bless! Visit the event page www.erc.com.sg/ercsuccess2011


Your Friend,
Andy Ong
19/10/11

Andy’s predictions on the spot!

Hi Guys, I hope you profited from the session I organized in August. The strategy is to make full use of the underlying forces at work. My predictions were on the spot as the latest private homes sales numbers proved my analysis to be right. Prices have stabilized as what I shared with you but volumes have not gone down. The fact that the interest rate environment is so benign and that the market is so flush with liquidity has supported the market to a large extent. The panic sellers must be regretting that they sold after the initial euphoria. In this day and age, information is king.

Some of you were doubtful on my cautiously optimistic calls on the right commercial segments but recent transactions have been so strong and buying interest has gone through the roof. In fact, I’m getting so much interest for our commercial properties that I hardly believe it.

I sincerely hoped that more of you actually did something with the knowledge I shared with you and made money. Some of you were kind enough to share with me and I hope you will share more good news with me.

Till the next blog, God Bless and take care!


Your Friend,
Andy Ong
19/10/11

Monday, October 3, 2011

It’s a Brave New World!

Hi Guys, sorry for the long break. I’m just back from Bangkok…. again. Tonight I will be leaving for a multiple city trip to Australia. I hate multiple city tours but that’s life. It has been extremely hectic but very rewarding as well. All my projects are progressing and I hope to make you proud in the years ahead. I feel extremely blessed to be given the opportunity to execute what I’m doing right now. After all, I grew up in a 3 room HDB flat not knowing when the next meal is coming from.

I need to congratulate those of you whom I have told to buy projects in the Robin region. The 2 ladies who dared to go into Robin Rd which went enbloc recently have certainly made a big huge pile. You followed my very straightforward advice and made lots of money, good for you. For the rest of you, learn to seize the trend! I will be around to share with you for a couple more years before I pack my bags and go back to school.

The volatility in the stock markets over the last month or so can make grown men cry. I was rather undecided about the situation and took my time to ponder about the markets and therefore the lack of news from me. To tell you the truth, I’m getting a little uneasy about the whole situation. It’s been disaster after disaster. After the US financial fiasco, you have the Japanese tsunami and now the European debt issue is causing problems for the international investment markets.

It’s a crazy world indeed.

People are now switching to US treasuries as a safe haven. To me, it quite madness given that the concerns just a couple of months ago was the downgrade of the US ability to pay its debts. Remember the markets mayhem caused by S&P when it cut the US from AAA to AA+? How do you take advantage of the markets then? I will be very hesitant to get into residential now even though I expect our government to reverse the cooling measures once things go south. There is a industrial craze tight now but DO NOT fall into that trap.

My last session with you saw me sharing my thoughts on how world events will culminate into less demand for residential and more money into commercial properties. Time has shown that I have been quite right. There is still keen demand for quality commercial property whilst demand for residential has lost some luster. I do see opportunities as I have always shared with you that fortunes are made in market downturns. However, you will need to tread very very carefully and conserve your bullets for the right project.

I will organize another session to update you. Apologies for recalling you so often as the market is very fluid, and I do not want you to make unnecessary mistakes.

Till then, God Bless!

Your Friend,
Andy Ong
03/10/11

Thursday, August 25, 2011

Will Teach Property Investing for 1 More Year!

Hi guys, many of you have asked me to teach a couple more classes and after much thinking, I thought that I should really share with everyone the risk managed way of how to invest in property.

I was talking with the Mediacorp people when I realised that my track record of calling for property trends has been very good. For those of you who have not been following my sharing, you would have lost out on a LOT! The trends I highlighted through the various platforms have all come true and made my students lots of money. I walk the talk, and have put my own money and I myself find it amazing that my portfolio now is worth hundreds of millions! Verifiable!

I am a little frustrated with all the agents conducting classes (some of them have denied). They are trying to share their limited knowledge and getting their students to buy over priced local or overseas properties. I have a few of them who are so disillusioned that the whole situation is very sad. The right way of investing in property can produce riches. However, many of us are not taught how. In the land of the blind, the one eye is king.

I will teach for one more year and if you want to make a difference to your financial life, you might want to consider enrolling.


Your Friend,
Andy Ong
25/08/11

Friday, August 19, 2011

Property Investment Resource for Busy Folks!

Hi guys, I am writing this note from the air again. Yup, that’s my life. I am flying back from Bangkok on a Cathay flight. I was asked to fill up a survey and the stewardess was nice so I did it. No, I did not get the special nice services (for those of you with a crooked mind)! The survey asked how many trips did I do over the last 12 months and to my surprise, I actually did over 50 flights which are on average once a week. That is scary. Many think traveling is fun but when you travel so often and it is not for pleasure, I can assure you it can be rather taxing, to day the least.

I have had a very good birthday cum business break. I was in Taipei and had an amazing discovery. I was just looking for a foot massage and chanced upon this dingy shop. The therapist was massaging away when he commented that I must be feeling a lot of pain as a result of a bus accident that I suffered when I was a kid. I was puzzled to how he knew and he explained that my back ache, hoarse throat, headaches were all results of a misaligned skeletal structure. He offered to align everything for guess what, NT2000, slightly over S$80.

I took a gamble expecting disappointment as I have spent fortunes. However, the session worked wonders. For the first time in the last 20 years, I am pain free! Quite a few of my friends are now making trips to visit him. In fact, I feel re-energised and ready to take on the world again. Which is exactly what I’m gonna do. I am ready to take a more active role in guiding people towards their career and financial success versus a passive role till my retirement in year 2013.

On another note, many of you have asked for a resource where you can have a one-stop shop where you can go to for your property info fix. So we have come up with a news site, parked under our www.erc.com.sg domain, where we will come up with the latest news on a daily basis so that you don’t miss out on the latest property trends.

I hope to do more for my students so that you can further prosper.
Till the next blog, money…… away.



Your Friend,
Andy Ong

Friday, August 12, 2011

Making Sense of This Crazy World!

What a week this has been!

The US downgrade, the global stock market volatility and worldwide concerns about slowing growth have got people very worried. When all seems chaotic, that is the best time to strike and seize opportunities! You really need to go back to the basics.

I will do an analysis for past students next week, we can accommodate perhaps 120 pax as this is our biggest venue without using external premises.

First come, first served.
Click here for confirmation.
(FULL)
Due to overwhelming response. - Admin

Please check back Andy's blog or visit his Facebook page for further updates.


Your Friend,
Andy Ong

Saturday, July 30, 2011

Andy Ong ’s current views on Property Investment

Hi guys, I am writing again to you from the skies over China. I am on a 3 city tour this time around. This is a backlogged trip from 6 months ago. My China country manager has been trying to get me to visit our representative offices that were set up a year ago! I have been postponing this like forever. I am reading this article in China Daily basically saying that rich Chinese investors are looking to the ASEAN area to buy homes.

Quite a few of you are again confused with all the noise and happenings around the world. The US political squabble, European debt issues and Singapore economic slowdown have got quite a few of you worried. Add to the fact that some analysts are predicting huge over supply of residential housing in 2013, this analysis definitely would have caused you some sleep. These factors could have caused me sleepless nights as well, as our exposure is quite huge, (think hundreds of millions).

Macro-economically, Singapore’s economy is still intact. Hey, if we continue to grow at the kind of breakneck pace, something will snap. The Western countries sagging economies are a source of worry as they are key consumers of Asia’s exports. However, think very big picture. International hot money needs a home and for the time being, Asia is it(especially Singapore). Why? With the Euro and US dollars falling quicker than anyone can cover their positions, investors are trying to park their money in stronger Asian currencies.

There is actually not that many choices as the Hong Kong Dollar is pegged to the USD and of the rest of the Asian currencies, the Singapore Dollar is an obvious choice. What does this mean? Low interest rates! Why? Because if interest rates were to go up, all the hot money will not just flow in but tsunami in! Asset inflation will surely occur!

Over-supply concerns? Then don’t acquire the assets which are deemed to be in over-supply. This is primarily in the mass market properties. There are other asset classes which will catch the eye of international investors as they do not attract the 16% seller’s stamp duty. The property investment scenario still have pockets of opportunities but you must know what you are dong or you will be in very, very deep shit. Don’t say I never warn you in advance!

Your Friend,
Andy Ong
30/07/11

Andy Ong ‘s Facebook – Add and prosper!

Hi Guys! I hope you have profited handsomely from following my blog. Do consider following and add me as a like on my professional Facebook page. I am considering giving a special advice section via email to all those who follow my blog. Do encourage me to share more perspectives with you.

My Facebook's Page

Your Friend,
Andy Ong
30/07/11

Friday, July 29, 2011

Reflections from ERC’s Property Investment Program.

Hi Guys! I am honoured when my students told me over the weekend they attended our property class to learn from Andy Ong only. I have been extremely blessed as people who are smarter than me have bothered to shared with me and I have been honing my property investment skills over the years. Through the last 18 months of sharing with you how to invest in property effectively, I have been understanding your pains. I understand that many of you want to get into the game but lack the financial resources and know how.

Many of you have also wasted a lot of money learning from the countless so called ‘gurus’ out there who are more interested in selling you crap properties and earning for themselves very fat fees. In fact, the last 2 intakes were pretty overwhelming as people realized that I do not want to teach any more. After the course, I was overwhelmed with the positive response from you. I was rather upset when a number of you actually came up to me and told me that they regretted going into other programs as they gained so much more usable and implementable knowledge. They advised me that other programs are just sales pitches for crap overseas properties. Sad but true. The appeal list for me to teach for a couple more courses is staggering. I will consider and let everyone of you know after my birthday weekend. I will not be taking my usual break as I am so backlogged with all the business matters. The new hotel, our new schools and coping with the infrastructure and logistics of our current businesses have caused this situation.

If anyone of you want to assist me and can play a role, I will be very happy to have a chat. The business has grown so incredibly that I really need to be looking out for capable people to be successors. It has been an incredible journey and I hope to give you the opportunity to have incredible journeys as well.

Till the next post, have fun!

Your Friend,
28/07/11

Thursday, July 7, 2011

Crystal Tower En-bloc (We told you so!)

Hi Guys. I really do not mean to gloat. For those of you who attended my property class and went on the road trip with me, one of the properties that we visited has just announced it is pursuing an en-bloc sale. We have stopped by the property and I thoroughly analysed its potential which has been verified by the markets. I know 2 of you bought units at that development and I am proud because you have taken action. For your efforts, you will have been greatly rewarded. I love creating millionaires, the act of that gives me the zest of life.

I was bullied by my staff to do one more property class as there was a waiting list. The class is this Saturday and it has been sold out and again there is a waiting list. I am in a conflict as I am quite disgusted by the practices of some of the so called ‘property gurus’ out there hawking crap properties to unsuspecting students, earning for themselves handsome fees in the process. I find the process just benefitting them and no one else.

At the same time, I have already tried my best and shared with 600 of you how I invest in property. I take the route of practical investing. From a humble $10,000, my portfolio has grown into hundreds of millions. Don’t take my word for it, the media has widely reported my purchases. Now that is real! My strategy has benefitted all my students who have created so much wealth that I am speechless. I am really tired though I pity the poor souls out there putting their hard earned savings into shitty assets as advised by their ‘teachers’.

For you out there who can advise me on what to do, I will be very happy to take your advice. You have my email, please do share your thoughts.


Your Friend,
Andy Ong
07/07/11

Friday, June 17, 2011

Condo demand comes off! It’s all about future demand, dear!

Hi guys! I am writing this on the plane heading back from China. The last few days have been very fruitful as we looked at various opportunities.

The recent press articles highlighting the sharp slowdown in demand for private homes have certainly reinforced my lack of enthusiasm for residential properties, especially mass market condos. The key is that demand will taper off in line with the government’s cooling measures. This sector also happens to be where the government can release more land to increase supply. I am really not surprised that the take up rate is not that strong.

Prices will hold for the time being as developers are well capitalized at this point. They can hold out for prices that they want. They have bided for very expensive land and they are not likely to take a loss. It will be a tug of war for the next few months and it will be interesting how everything will pan out.

For now, for those of you still in the market, please be very careful of what you are going to acquire.



Your Friend
Andy Ong
17/06/11

Thursday, June 16, 2011

‘Anomaly Investing’ – Concept, Theory and Execution

Many investors assume the markets are efficient. However, in reality, inefficiencies are the rule rather than the oddity. Just imagine, there are inefficiencies in the equity markets even though armies of analysts, investors and other professionals are carefully scrutinizing the various securities on offer. However, there are countless opportunities that slip through the crack. You will find that the best performing counters are companies which ‘fall under the radar screen’.


Now apply the same to the property market, but take note that the available information for the real estate sector is sketchy and even valuations are estimates at best. I have gained 30% on a property 2 months after I bought it even though the original purchase went through a formal valuation. There are countless opportunities abound only you bother to do some in depth research.

What do I mean by ‘Anomaly Investing’? I look for impending economic trends that will benefit certain sectors but prices have not caught up with future demand. Many investors compete to buy real estate because everyone else is buying but the fact is that many are enamoured with current demand and more often than not over pay.

I do agree that executing such a strategy is tedious but I can assure you that it is extremely rewarding too. Just pulling off one deal can seal your financial future and secure you for life. My very first foray into property investing turned out to be an ‘over 1000%’ return on my initial investment. This is not a fluke as I have done this consistently. No doubt, now I buy maybe 1 asset a year at best but I do make it count. Be prepared to stick to your guns, and take a longer investment horizon and I can assure you that the rewards can be tremendous.


In fact, I have made far more on my property portfolio compared to the rest of the asset classes that I have invested in. It is not that they have not made money. My art, wine and corporate portfolios have all done well. But it is my property assets that really stand out.

I am writing this in the skies as I fly towards China from Bangkok. I will be going to a couple of cities for work. You have not heard from me for quite some time as I have been tied up (as usual). I am happy to report that tired as I may be, I am certainly happier than a couple of weeks ago.

I will be conducting my last ‘Business Accelerator Program’ this month end. Class is almost full with a couple of spaces left. This will be my last business class as I need to let my voice recover. Years of teaching have taken a toll and I intend to take a very good break. See you in class if you have signed on!


Your Friend,
Andy Ong
16/06/11

Monday, May 16, 2011

Overwhelming Response!

I really must thank you for your overwhelming response to my last property class. We are totally sold out and yet many of you have registered to be on the waiting list. After much pondering, I will do one more class to share with you how I invest in property. The class is scheduled in early July and they are planning the logistics right now.

Tell your friends and hurry before you miss it.



I am really tired and for some of you who have seen me recently, you have remarked that I look really exhausted. I really am. In the last 3 months, I have been deep in the process of planning the new hotel, launching a Thai IPO, running and expanding the education side and plotting our next strategy. This is on top of resolving all my personal issues. I really am exhausted.

I hope you do understand why I’m stopping my classes. I will take a long break to really recuperate as I am no longer as clear as I was before. Thank you again my friends, your success is the reason why I am still battling forth.


Your Friend,
Andy Ong
16/05/11

Property market post elections.

Hi Guys. The election fever is over and many of you have asked me if there is impact on the property markets. This election has been described as a water -shed event, which is partly true. The opposition has made inroads but for them to threaten the ruling party, they are a long way off.

Government measures will play a role in the property market but as I have always reiterated, the biggest key will still be the interest rate environment. India has tried to increase interest rates and they have invited a fresh wave of money which ironically threatens to trigger off inflation.

The governments of Asia are serious about tackling inflation. In order to do that, they have to raise interest rates to lower demand. In the world environment that we are in, Asia is in a very unique situation. The US and Europe seems to able spluttering along at best. All eyes are on Asia for returns and higher interest rates will invite more liquidity and thus, more money chasing after too few goods, and therefore inflation.

We are in a no-win situation until the Western nations recover to a certain extent. Asian governments have gone to great extent to prevent a speculative property bubble and so far the results have been mixed at best. In Singapore, the increase in prices have been reined in as some of the most stringent policies in the world have been implemented in Singapore.

We are still seeing great interest especially in commercial properties. Quality commercial properties are expected to boom in the coming 2 to 3 quarters. Mark my words. So there, don’t say I did not advise you in advance.


Till my next entry, God Bless!

Your Friend,
Andy Ong
16/05/11

Thursday, May 5, 2011

Commercial Property Hot, Especially Hotels! Super Spot On!

Hi guys, I’m just back from a business trip and will be going away again this weekend after polling day. With all the focus on the elections, I am rather sad because I cannot vote….. again. I have never voted in my life because the opposition has never contested in my area. And guess what, I am again in the only constituency that has the privilege of a walkover. Well, better luck next time.

I was smiling to myself this week. The Straits Times carried 2 articles consecutively that made me smile. The first was on Monday when they highlighted that commercial property was super hot. The second was an article that featured research by CBRE. They anticipated that hotels rates are going to continue to be strong and even trending up in Singapore. This is because visitor arrivals are strong and even with anticipated supply going up, demand will still keep up. The sweet spot is in the boutique hotel segment.

This is all music to my ears as I have been positioning the group’s portfolio towards a commercial bias, especially in hotels. Our Prime Centre conversion has been handed to the team at Ong & Ong and I hope to get beautiful results with the new hotel concept we are bringing to the table. I am very excited and have been following up very closely with the whole process. Agents have been calling to explore interest in selling. They are quoting prices which will give us very good returns but I am keen to own a hotel. But lets see what happens.

I always put my money where my mouth is and well, my students have also done very, very well following my strategies. If you have been following my blog, I have highlighted these trends to you as well. I am looking forward to a long rest after my very last property class end of this month, from the 27 to the 29th of may. The class is nearly sold out even at this point, so if you are keen, book your spaces now.

Till then, God Bless and have a fruitful time voting.

Your Friend,
Andy Ong
05/05/11

Wednesday, April 20, 2011

Wise Consumption Techniques.

Hi guys, I’m back! Quite a few of you asked me how I got started in acquiring wealth. So I decided to share a couple of blogs in wise consumption. The two biggest things we will acquire in our lives(besides expensive wives or husbands) are our real estate properties and cars. In Singapore especially, cars are very expensive items. The government has a policy of controlling the vehicle population so the acquisition costs of a vehicle is high and the running costs is even higher. I will not comment on running costs as it is a personal decision.

However, when buying a car you can certainly try to lower the costs of acquisition. I just bought a Land Rover. Many of my friends are curious about my choice but it has always been a wish of mine. It looks odd besides the rest of my quite exotic cars but I really like it. I bought it because the dealer is charging a realistic price now.

What do I mean?

All dealers have a cost of importing the vehicle. Add all the taxes and cost of the COE, well that forms the cost to the dealer. Of course dealers will need to charge a premium for their services. New market entrants like Citroen will charge a single digit percentage premium and well sought after marques like BMW can charge up to 40 plus %. Yes you read it right. A LOT of your money is going to Performance Motors instead of the car you acquired.

I don’t know about you, the price I paid for my new ride is a single digit premium. I want a lot of quality metal instead of horrendously high profit margins going to distributors. If you want maximum bang for your buck, you might want to do some research. Thanks to websites like sgcarmart.com. You can easily access this information. Just click to SGcarmart.com. They have done all your research for you.

I am very happy to report that I am happy with my new car and I am a person who likes to extract maximum value instead of just going for brands. Just a little side track from my property blogs.


Your Friend,
Andy Ong
20/04/11

Monday, April 18, 2011

Property Trends Cyclical, To Buy or Not to Buy?

Hi guys, I’m back from Europe and it has been an interesting trip. I was up in London before taking a break in Italy. London was dreadful if you ask me but I really enjoyed the Italian food and shopping. We drove most of the way and the weather was absolutely beautiful.

I looked at London properties and I was rather surprised that prices are holding up very well despite the dreadful economy. I was waiting for prices to fall a little before buying last year but it seems that Asian buyers are grabbing all they can. The situation is similar in Singapore.

People have long forgotten about the very recent financial crisis. Property cooling measures have been largely ignored given still strong take up rate in March. I was driving past Spottiswoode Park and the condos there are asking for $1800 to 2000 psf.

How do you make sense of things? Well it all boils down to the below :

Property developers have holding power – Developers have enjoyed record profits and their land bank is dwindling. Given their strong balance sheets and financing capabilities, they will be very hesitant to let go of anything cheap because they don’t have to. Simon Cheong in an recent interview actually said that he is more worried about the lack of quality sites thus he is in no hurry to sell his units. His situation reflects the situation developers are in.

Interest rates – As long as real interest rates remain in negative territory, real estate investments remain very attractive as holding costs are cheap. There is plenty of liquidity out there looking for a home right now. This maybe the crux, as long as interest rates remain where it is, prices will hold.

Anxiety in market place – People are envious of the money being made by their friends and they also want a piece of the action! The Straits Times recently had an article where Chinese men without a home are finding it hard to get hitched. We live in a cruel realistic world where financial security matters. So for those with no exposure to real estate, they feel insecure.
Where does that leave everyone? To buy or not to buy? Its important to stick to the basics. Do not just depend on possible capital appreciation. Look at yields as well?

God Bless!

Your Friend,
Andy Ong
18/04/11

Friday, April 1, 2011

Investing in Property is not just about buying Condos!

Hi Guys! It will be very difficult for new couples to own their dream home in the future. With the record pricing developers are paying for the new government land sales, our dreams are further dashed. The fact is that our incomes have not gone up in tandem with the times. International investors have pushed up prices. I highlighted that the Chinese are coming to buy in my earlier blogs. I told my students in advance and they certainly have made a lot of money.

What about the locals then? A new graduate’s starting pay has perhaps gone up by 20 to 30% compared to 5 years ago but our residential property has appreciated by more than 100%. This is in addition to the fact that the developers are really pushing prices to the max. CapitaLand paid over $860 ppr for their Bishan site; they have to sell the site at perhaps over $1500 psf to make a decent profit. Things certainly do not bode well for anyone with no exposure to real estate.

With the strong international fund flows because of the very low interest rate environment, I do not expect prices to adjust until interest rates go up. This is because there is really no where for the hot money to go. However, the pickings are slim for residential investors.

You might want to explore non-residential investments instead. I will share my insights once I ‘m back from Europe for my business trip. I should be back mid April so till then take care.

Channel News Asia (CNA) profiled me on their site; they basically highlighted how I have my firm in the last few years. You might want to check this link out.

Your Friend,
Andy Ong
01/04/11

Monday, March 28, 2011

Many thanks for your encouragement!

Hi Guys. I just came out from an exhausting weekend teaching the latest PIP classes. I am very happy to make new acquaintances and see some old friends. The whole sessions were extremely tiring. For those of you who experienced how I share knowledge will understand why.

I felt very encouraged by the following emails of encouragement, I am inclined to share with you.

The first is from James:
Few months back when I read the TODAY paper "Inspiring Business Success... by living it" $500 Mil Real Estate fund is being managed by yourself & a team of capable staff. I told myself one of this day I must meet this Inspiring Man, to listen to his success story. Hope it can motivate me to do better.

Now, today I had done it successfully enroll & completed the course 27/3.

1) I am indeed Inspired by your passion in Real Estate that fired my own passion and "Will Never lose money myself and for my investors". I will definitely recommend your PIP.

2) I admired your sharp focus on the sites you had shown us today. I started to calculate the "potential returns" for a couple of years down the road and I can see the huge amount of money to be made. Have faith and always positive mode to buy and sell.

3) Btw: you have a group of great staff support to ensure the operations run well in the schedule. A great Thank You to you all.

Wishing You well in the coming trips to Vietnam, Thailand plus Japan. I just pray the Lord's divine appointment upon your meetings. The Lord will goes before you and set the path straight and has favour upon you.

Treasures In Darkness
" I will give you the treasures of darkness, riches stored in secret places so that you may know that I am the Lord, the God of Israel who summons you by name."
- Isaiah 45:3

Abundant Blessings To Come.


The second is from Khee Fong:
Just a simple note to say a BIG THANK YOU for sharing some much of your experience and knowledge. Your passion is most infectious, your creativity most impressive and your vision, most inspiring.

You may have heard this too many times, but i really wish i had attended your program much, much earlier.

Thank you once again and God bless. :P

James and Khee Fong, you are the reasons why I am still teaching and I thank you from the bottom of my heart. God Bless!


Your Friend,
Andy Ong
28/03/11

Friday, March 25, 2011

Hotel Call Spot On! I Feel Extremely Blessed!

Hi Guys and Gals! I feel extremely blessed. Our Prime Centre site is primed to be a hotel. Even before we start work, the valuation for the property has sky rocketed. We have been offered sums exceeding our purchase price that is extremely tempting. There seems to be a lot of interest in the hotel sector, and it is little wonder given that Singapore hotels’ occupancy and room rates have gone over the top.



*Information taken from The Business Times, 8th November 2010, "ERC Snaps Up Prime Centre for S$103m"

When I first considered he purchase, I was analyzing tourist visitor growth and room rates. I came to the conclusion that this sector will be enjoying very good times. Singapore’s hotel infrastructure historically has been able to cater to 700 to 800 hundred thousand tourists. With visitor arrivals hovering at the million mark, and growing, well it does not take a genius to figure what is going to happen. I am now planning our next move. I love my job!

For those of you who are new to us, ERC specializes in grooming new entrepreneurs. We are a Incubator Development Partner of Spring Singapore. This is my first love as I believe that starting your own business is the first key to personal success. I have just started another blog discussing how I actually groom new enterprises and manage my businesses. Many of you have requested that I share with you this aspect so I thought the most convenient platform is to start another blog. Follow this link, My Business Sense

I will be very busy teaching my second last property class which has been over-subscribed. I look forward to not teaching for a while.Till the next blog, have a great weekend.

Your Friend,
Andy Ong
25/03/11



Monday, March 14, 2011

Asian Titan Trends Photos and Follow Up

Hi Guys,

I’m in good mood today because we will be completing the acquisition of Prime Centre. Just to recollect, we bought the building for $103 million, the amazing thing is that it has appreciated very substantially since our acquisition.

At our recent ERCI Career Fair at Suntec City Mall, we also had a record sign ups: 150 new students signed up for various education programs offered under ERCI! I am heartened and sincerely welcome these guys into our big family. We employed a very special strategy and the results simply blew our minds away. This is a very, very rare occasion that I actually posted 2 entries in a day.

I would like to share several things with you. The first are a few photos of Asian Titan Trends of me on stage and you, my friends. I really enjoyed the event when I shared with you, my investment perspectives. I also want to thank you for all the gifts and cards that day.


The recent spate of natural disasters has actually reinforced my views. Why? As the cities affected will require re-building, the thirst for commodities will be enhanced as they are the raw materials required. I will share with you my strategy of how to maximize returns in the commodities space, if you want me to. As usual, my strategy is off the beaten track and unorthodox but I hope to get far superior results.


Recently, I also chanced upon this gentleman, Nigel Chua. His blog is quite refreshing. I am so tired of so many losers just complaining about life. At least, he is proactive and really tries to make the best of things. This is a link to his site, check this link. Do browse when you have some time.I hope you can support positive people.

Till the next blog, take care my friends.

With Best Wishes
Andy Ong
14/03/11

Natural Disasters - I wish the Japanese all the Best.

I was in Guangzhou when the 5th most severe earthquake struck. The 9 Richter scale quake has caused horrible consequences as reported in the media. This massive disaster totally took the limelight from another earthquake in China, if I’m not wrong, in Yunnan. The string of earthquakes recently has rattled me to no end. I sincerely pray for their well being. My colleagues has participated in several fund raising initiatives to help those affected and I am very happy they took the initiative.

I think we should really contemplate our good fortunes as Singaporeans. We take for granted that we are in a earthquake relatively safe zone. We are also relatively safe from tsunamis, volcanoes, typhoons etc etc.

Do take some time and count your lucky stars.


Your Friend,
Andy Ong
14/03/11

Wednesday, March 2, 2011

A Big Thank You!

Hi Guys,
I just barely recuperated from a weekend of sharing. Thanks to you guys, Asian Titan Trends was an absolute sell out. We had to open up the second level as more previous past students than expected came. It was good to see you guys again.

Many of you would have made A LOT OF MONEY following the trends last year. Many thanks for the gifts and cards from you, I really appreciate it. I hope the trends highlighted this year will enable you to prosper again. I know many of you wants to invest in my agriculture project, but let’s see how everything goes.

I also taught my apps class last weekend and I am glad to have found some investments. Hopefully, we can groom a few millionaire entrepreneurs out of the very enthusiastic last class.

Till the next blog, take care!


Your Friend,
Andy Ong
02/03/11

Tuesday, February 15, 2011

Uneasy thoughts about world order!

HI guys, Im just back from Korea.

It has been a good trip exploring a couple of projects and meeting up with my Godpa, but it was so cold there! I really admire the Koreans. They managed to live prosperously under the threat of civil war as well as lack of resources with terrible weather. They are indeed true survivors.

When I was there, Egypt’s former President, Mubarak announced his stepping down. I was quite amazed at the recent turn of events in the Middle East. The last time I was there, I went to visit Oman. The people there were well looked after but you can feel the underlying tension. I was surprised that the Egyptians actually fired the first salvo as they are known to be a docile race.

What really pushed people to the brink was not anything else but really bread and butter issues. We are experiencing record inflation worldwide. Food prices and other basic commodities have gone up like crazy. The recent bizarre weather internationally has not helped things. Floods , droughts and hurricanes have disrupted wheat, rubber, coal and other essential necessities.

What worries me is not anything else but the repercussion. Egypt and Tunisia by themselves have little bearing on world economies but imagine if you are the rulers of the rest of the Middle Eastern countries. They are all doing the same thing now, fighting for their own survival. How? Very simple, lots and lots of subsidies. They are now giving money to their people to quell their dissatisfaction.

Imagine what will happen to food and other prices if the avalanche of oil money enters the market to buy commodities already pushed up by Chinese money. Such a scenario will further make the inflation situation even worse. I have been inflation proofing the group’s portfolio. I will be sharing with you, my dear investment comrades, on what I am doing at the upcoming Asian Titan Trends.

Apologies in advance that the first session is strictly for the first 500 students only as we have capacity constraints.

Till then, Gong Xi Fa Cai!


Your Friend,
Andy Ong
15/02/11