Singapore Profit

If you plan to buy new furniture or furnish your new condo meant for investment, you may want to time when you purchase your furniture.

Apparently, March seems to be the time for furniture stores to clear their old stocks to make room for new pieces. I have seen designer brands going for huge reductions during this month.

Incidentally, I only noticed this trend because my hairstylist pointed it out to me. In December or January, he told me that there would be a furniture fair in March. His friend bought a new entire set of living room furniture that was on display at the expo at a ridiculous low price. That was because the traders did not want to move their goods back to the warehouse and would prefer to sell them off at lower prices.

Hence, when I kept my eyes peeled on the newspapers, I happened to notice many advertisements on such fairs. What does that mean? If my apartment is ready at the end of this year, we are going to go without furniture until March. If my apartment TOPs in March 2009, then the timing is just right. Either way, we are still going to be without a fully-furnished place until next year. That few thousand dollars we save can go into the interior design fees, or into other investments.  

In addition, we can get the electronic appliances during the IT fair, which is also held in March last week. This will be really stretching the dollar.

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