Me & My Property

Bear or bull, there is opportunity in the property market

Mr Darren Teo and his favourite part of his Seletar Hills Estate home - the swimming pool, which has an in-built jacuzzi.
Mr Darren Teo and his favourite part of his Seletar Hills Estate home - the swimming pool, which has an in-built jacuzzi.ST PHOTO: CHONG JUN LIANG
Mr Teo bought the 999-year leasehold property in 2014 for $2.98 million. He tore down the existing property and spent more than $1 million to construct a two-storey semi-detached house.
Mr Teo bought the 999-year leasehold property in 2014 for $2.98 million. He tore down the existing property and spent more than $1 million to construct a two-storey semi-detached house.ST PHOTO: CHONG JUN LIANG
Mr Teo said he and his wife were looking for a landed property to buy as there is scarcity and the property will serve as an excellent hedge against inflation.
Mr Teo said he and his wife were looking for a landed property to buy as there is scarcity and the property will serve as an excellent hedge against inflation.ST PHOTO: CHONG JUN LIANG

Real estate executive always on lookout for undervalued properties with capital upside

Capital gain was the "be all and end all" for property industry executive Darren Teo when he first ventured into the real estate game.

Mr Teo, the senior group division director at ERA Realty Network Singapore, would sell any property he owned once it reached a "good price" and bank his gains.

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A version of this article appeared in the print edition of The Sunday Times on November 04, 2018, with the headline 'Bear or bull, there is opportunity in the property market'. Print Edition | Subscribe