facebookRecently there were couple of articles on entrepreneurs of Secret Lab and Grab buying up Good Class Bungalows in Singapore. Wondering what are your thoughts on such asset as an investment? - Seedly

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Tee-Ming Chew

Co-founder at Seedly

14 Jul 2021

Property

Recently there were couple of articles on entrepreneurs of Secret Lab and Grab buying up Good Class Bungalows in Singapore. Wondering what are your thoughts on such asset as an investment?

Good or bad investment? Saw the articles on https://mothership.sg/2021/07/grab-buy-bungalow/ and https://mothership.sg/2021/06/secretlab-co-foun...

Discussion (7)

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Huang Yixuan

15 Jul 2021

Person at Seedly Community

Waiting for "Seedly Co-founder buys GCB"

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CommonSense Investor

15 Jul 2021

Certified Professional at Biotechnology and Gene Therapy Industry

Its illiquidity can be a strength and weakness. HOWEVER, like all asset classes, buying an asset for own consumption instead of generating cashflow is a LIABILITY and not an asset.

Tan Choong Hwee

14 Jul 2021

Solutions Specialist at Providend

GCB is an asset of scarcity in SG. It is an investment that can withstand inflation. Rarely do you s...

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