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Nicholas Huang and Dawn Cher: Huttons Duo’s end-to-end investment management forte sets them apart from the pack

It would come as a surprise to our readers that Nicholas Huang and Dawn Cher, a rising power couple in the real estate industry, did not begin their careers as real estate agents. There were many people who were surprised that they had started their careers in the financial services and investment industry instead...

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Property is one of the (If not the) biggest investment any individual can make in their lifetime.

In Singapore, due to the shortage of houses and the concept of controlled housing (HDBs), buying a property is pretty much a lifelong decision.

Apart from the scarcity, there is also an innate fear about making the wrong decision. Sometimes you think that you know about the property market, but in reality, the property market in Singapore moves so rapidly that whatever was applicable 3 years ago might not be applicable now; and whatever that was applicable 7 years ago will definitely be out-of-date in comparison to today's market!

In 2022 and 2023, new housing regulations were introduced by the government, impacting HDB prices with more policies expected in the near term to tackle the problem of $1M HDBs.

As a result, people will need to be even more meticulous before making their property investments; one mis-step and you could jeopardize your retirement plans.

Asset Progression is important is because making the right decisions allows you to have a more comfortable retirement, and enables you to put your money to better use!

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So...What is Asset Progression And How Can You Benefit From It?

While it is most commonly known as Asset Progression, it also comes under many different terms such as Wealth UpgradingPlanned Progression or Wealth Creation. It all means the same thing which is the growth of one's wealth through carefully planned investments in properties. 

Many people believe that you'll need extra capital to purchase a new property, or that you'll need to have sufficient savings in order to grow your wealth through property upgrading. In reality, you can actually own a private property without touching much of your savings!