Free 3-hour class · Singapore · every Wednesday
For the first time in seven years, the property ladder stopped moving.
HDB resale prices have now fallen two quarters in a row. 13,480 flats reach MOP this year, nearly double last year's 6,973. This is a three-hour class on what that actually does to the upgrade plan most Singaporeans are quietly relying on.
Free. In person at 10 Anson Road. No obligation to buy anything.
People from this community
“I did not come from finance or property. The maths was the part I could actually handle.”
Lee Joo Hong — Engineer
“Before this I had never bought anything other than my own flat.”
Cleo Goh — Past attendee
- 5.0★
- Average across 655 reviews
- 5,200+
- Singaporeans through the classes
- 800+
- Properties acquired by attendees
This class assumes you can read a table without flinching.
Come if
- You own an HDB flat and the upgrade plan has started to feel less automatic than it did in 2021.
- You would rather be shown the arithmetic than be told a story about it.
- You are earning steadily and you have three hours to spend on a question you have been postponing.
- You want to know what the last four quarters of data actually say, not what a headline says they say.
Don't come if
- You want a specific unit recommended to you. Nothing here is a recommendation to buy anything.
- You are looking for a way to make money quickly. This is slower than that and it will bore you.
- You want reassurance rather than numbers. Some of these numbers are not reassuring.
The ladder was never a law of nature. It was a set of conditions.
For most of the last two decades, the Singaporean wealth plan needed almost no thought. Buy the flat. Serve the MOP. Sell into a rising resale market. Roll the gain into something private. The ladder did the work, and the main skill required was patience.
That plan worked because two things held at once: resale prices rose faster than the cost of waiting, and supply stayed tight enough that the person behind you paid more than you did.
In 2026 neither is comfortably true. The HDB resale index slipped 0.1% in the first quarter and 0.3% in the second — the first back-to-back fall in nearly seven years, after a 9.6% surge in 2024. At the same time 13,480 units reach MOP this year against 6,973 last year, a 93.3% increase in the number of sellers arriving at the same door.
Private housing has not crashed either — the flash estimate was up 0.5% in Q2. But volumes told the more honest story: 5,413 units transacted in Q1 2026, down 25.4% year on year. That is not a market falling. That is a market where fewer and fewer people can participate.
None of this means property has stopped working. It means the version that ran on autopilot has stopped working, and a lot of people have not noticed because their plan has no reporting line.
Prices flat, volumes down a quarter. Not a crash — a market fewer people can get into.
Three things the last four quarters changed
Each of these is a question people ask in the room, so we deal with them there properly rather than in a bullet point.
- 01Does it work
A flat stopping in value is not the same as a flat losing value
Most of the anxiety in the current numbers comes from confusing the two. A stalled index changes the timing of an upgrade, the size of the deposit you can extract, and the interest you pay while you wait. Those are three separate arithmetic problems, and we work through each one on screen rather than gesturing at it.
- 02Could I do it
The people who do this well are not more sophisticated than you
They are more specific. They know their own serviceability figure to the dollar, they know which month their MOP clears, and they know what they will refuse. Nearly everyone who stalls does so because they were vague about one of those three, not because they lacked some insight the rest of us are missing.
- 03Time and money
The cooling measures changed what urgency even means
ABSD sits at 20% for a citizen's second property and 60% for foreigners, and the seller's stamp duty holding period was extended to four years in July 2025. Any pitch that tells you to rush before the next round of measures is selling you a 2021 emotion in a 2026 market. Timing still matters, but not for that reason, and we explain which reason.
People who sat in the room
“I own eight properties in Singapore now, and they produce a five-figure monthly income. It took years, not months.”
“How I wish I had attended this course a few years earlier. Surely then I could have been financially free by now.”
Evelyn ChohVerified review“A very refreshing and interesting three-day course. It helped me gain good, basic knowledge on property investment.”
Victor Chan Chee YunVerified review“They made my property investment journey simple and easy to follow. I only wish I had attended much earlier.”
Thiru KumaranVerified review“I learnt there is a lot more that I wish I had known earlier. Really learnt a lot about property investment.”
Arthur TayVerified review“I got five industrial properties within four and a half months. Before this I had never bought anything but my own flat.”
Results described are those of specific individuals and are not typical. Property and business outcomes depend on your own circumstances, capital and decisions. You may not get comparable results.
What the three hours contain
It is a class, not a seminar. There are slides, there is arithmetic, and there is a break in the middle.
- 01Where the Singapore market actually is right now, using URA, HDB and MOM figures rather than vibes.
- 02The arithmetic of an asset that pays for itself, done slowly, on a screen, with the unflattering numbers left in.
- 03Why most people who try this stall in the first eighteen months, and the two decisions that cause it.
- 04How to work out what you can realistically service — and how to tell when the answer is nothing yet.
- 05A break. Coffee. Leave here if you want to.
- 06Questions, in the room, including the awkward ones.
About the class
About this class.
The person who runs it has been investing in Singapore property for around twenty years and now holds more than fifty properties. He grew up in a 600 square foot rented flat shared with ten other family members, and started teaching this by running classes in living rooms for free. Since then roughly 5,200 Singaporeans have been through the classes. The Ladder Report exists because the market data deserved to be presented on its own terms first.
Happening every Wednesday, in person at 10 Anson Road, Singapore 079903, #26-15. Registration is handled on the booking page.
The obvious questions
Why do you need my credit card for a free class?
The booking page uses a card only to verify that a real person is holding the seat. You are not charged, there is no trial, and nothing recurs. It exists because a free class with no friction gets booked out by people who never turn up, and then someone who wanted the seat could not have it.
Will you sell me something at the end?
At the end of the class you will be told that paid programmes exist. Nobody will block the door, there is no back-of-room rush, and you can leave at the break without explaining yourself. If a three-hour class only makes sense to you when nothing is ever offered, this is not the right room.
Do I need money to start?
Not to attend. Whether you can act on any of it afterwards depends entirely on your own income, existing loans and risk appetite, and part of the class is working out honestly whether the numbers do or do not work for you. Some people leave having concluded the answer is not yet. That is a useful outcome.
Are these figures accurate?
Every number on this page is sourced and linked at the bottom, and the sources are URA, HDB, MOM and the CEA register rather than anybody's internal deck. If a figure moves after this page was written, the newer one is the one that counts.
Is this financial advice?
No. The organiser is not regulated or licensed by MAS to provide financial services. The class is education. Any decision you make afterwards is yours, and worth checking with a licensed professional.
Every Wednesday. One room.
It runs every Wednesday, in a room at 10 Anson Road (#26-15) with a fixed number of chairs. When a session is full it is full — there is no overflow and no livestream, because the questions people ask in person are not the ones they type.
When
Happening every Wednesday
Where
10 Anson Road, Singapore 079903, #26-15
Three hours, and you will know where you actually stand.
You are not committing to buy anything, and nothing here is a recommendation. You are spending an evening finding out whether the arithmetic works for you, which is a thing worth knowing either way.
Card required for verification only. You are not charged.