Who are Proptiply's trainers?

Proptiply is led by Ernee Ong and Jelene Sim, who together own 17+ Singapore properties and manage 530+ co-living units generating a five-figure monthly passive income. They started with no investing background and built their portfolio over a decade using the same strategies they now teach.

Do I need prior property investing knowledge to attend?

No prior knowledge or experience is needed. The courses are designed to meet you where you are — whether you have never thought about property before or you have been researching for years but haven't taken action yet.

Can I invest in Singapore property with limited savings or CPF?

Yes. One of the core strategies covered in our courses is how to use OPM (Other People's Money) — structuring deals using bank financing, CPF, and co-investment approaches so that limited personal savings is not a barrier. Many students start their co-living journey without owning any property at all.

How does the Proptiply co-living model work legally in Singapore?

Co-living in Singapore operates within URA and HDB guidelines. We cover the legal framework, permissible tenancy structures, and what landlord permission you need in detail during the bootcamp. Proptiply's approach is built on compliant, sustainable operations — not shortcuts.

I already own an HDB. Can I still invest in private property?

Yes, but timing and sequencing matter. Selling your HDB before purchasing private property avoids ABSD. Holding both simultaneously triggers a 20% ABSD on the second property for Singapore Citizens. We cover HDB-to-condo upgrade strategies and how to structure the transition correctly in the Residential Acceleration Program.

What exactly is OPM and why does Proptiply emphasise it?

OPM stands for Other People's Money — using bank loans, CPF, and structured financing to invest with minimal personal cash upfront. Most property education programmes teach cash flow but stop there. Proptiply's philosophy is Cashflow → OPM → Scale Up. Mastering OPM is what allows you to build a portfolio instead of being stuck at one property.

Can you guarantee investment returns?

No, and we will never claim otherwise. Every investment carries risk, and returns depend on market conditions, deal quality, and your own execution. What we can tell you is that the strategies we teach are the same ones Ernee and Jelene use in their own portfolio today — they are not theoretical.

What is Proptiply's refund policy for courses?

There is no refund policy for Proptiply's bootcamp programmes. However, our property consulting services do carry a satisfaction-based refund policy — if you find no value gained from the consultation, a refund is available.

FAQs — Property Investment Courses Singapore | Proptiply

Frequently Asked Questions

Everything you want to know before you commit.

Thinking about joining? Start here. We've answered the most common questions students have about the courses, investment strategies, property regulations, and what life inside the Proptiply community is actually like.

Join the Co-living Bootcamp → WhatsApp Us

Can't find your answer? WhatsApp +65 9889 8168 →

Email us at support@proptiply.com.sg

Looking for courses? View All Courses →

About Proptiply

5 questions

Is Proptiply an investment company & do you manage my money? +

No. Proptiply is a property education and consulting company. We teach you how to build a residential and industrial property portfolio in Singapore using proven strategies. We do not manage money, take a percentage of your investments, or act as a licensed financial adviser. Every investment decision you make remains entirely yours. Learn more about us here.

Who are Ernee and Jelene, and why should I learn from them? +

Ernee Ong and Jelene Sim are the co-founders of Proptiply. They started investing over a decade ago with no investing background, making plenty of early mistakes before fine-tuning their approach. Today they own 17+ Singapore properties and manage 530+ co-living units, generating a five-figure monthly passive income.

What makes them different from most property course trainers: they are still actively investing today. The strategies they teach in the bootcamp are the same ones they are executing in their own portfolio right now.

How is Proptiply different from other property investment seminars in Singapore? +

A few things genuinely set Proptiply apart:

1. The full philosophy. Most property education programmes teach cashflow and stop there. Proptiply's approach is: Cashflow → OPM (Other People's Money) → Scale Up. You can't build a real portfolio if you master only one pillar.

2. Experiential learning. Proptiply created two proprietary simulation games: the Industrial Property Board Game and the Coliving Card Game. These games are created so you practice making investment decisions in a safe environment before your real money is on the line.

3. Site walks. We take students to view properties in person, not just slides with property listings on screen.

4. Trainers who are current investors. Ernee and Jelene aren't retired investors teaching from memory, and so are other Proptiply educators. They are actively managing a 530+ unit co-living portfolio right now.

Does Proptiply offer property consulting on top of the courses? +

Yes. Proptiply offers Professional Property Consulting (PPC) services separate from the courses. These are paid one-on-one sessions where Ernee and Jelene review your personal financial situation and help you build a progressive property investment plan.

Unlike the bootcamps (which are group learning experiences), consulting is bespoke — your income, your CPF, your existing property situation, your goals. There is a satisfaction-based refund policy available for consulting services if you feel no value was gained.

Can I see feedback from past students before deciding? +

Yes, we have 46+ video testimonials from students across different backgrounds: salaried professionals, HDB upgraders, first-time investors, and seasoned property owners who came to learn co-living specifically. You can watch them all at proptiply.com.sg/testimonials.

We'd also encourage you to go through our Student Success Nights, events where graduates share what they've accomplished since attending the bootcamp. These give you a much more grounded picture than a written review ever could.

Courses & Format

5 questions

What's the difference between the Co-living Bootcamp and the Residential Acceleration Program (RAP)? +

Both are 2-day intensive programmes but they cover very different paths into property investment:

Feature	Co-living Bootcamp	Residential Acceleration Program (RAP)
Core model	Rent-to-rent (no ownership required to start)	BMV property purchase + rental yield
Capital to start	Lower, you don't need to own property	Higher, it involves buying a property
Who it's best for	Beginners, salaried professionals, those wanting cash flow without buying	Those ready to build a long-term property portfolio
Key outcome	Running a profitable co-living unit/business	Owning BMV properties generating positive rental yield
Duration	2 days	2 days

Not sure which is right for you? Our introductory workshop is the best starting point. It covers both paths and helps you decide.

Do I need prior property knowledge to attend the bootcamp? +

No prior knowledge or experience is needed. The bootcamps are designed to meet you where you are, whether you've never thought about property before or you've been researching for years but haven't taken action yet. The content is structured progressively, and the simulation games are specifically designed to build your intuition in a way that doesn't require a finance background.

Can I attend only one day of the 2-day bootcamp? +

We strongly encourage you to attend both days because the programme is designed as a continuous learning journey where Day 2 builds directly on Day 1. That said, if you have an unavoidable conflict, reach out to the Proptiply admin team via WhatsApp before the event and they can discuss special arrangements with you.

What is the Proptiply Board Game and why is it part of the course? +

Proptiply has created two proprietary simulation games used during the bootcamps: the Industrial Property Board Game and the Coliving Card Game. Both are built around real-world Singapore property scenarios: good deals, bad deals, inflated prices, unethical situations.

The games exist because they help build your decision-making instincts in a risk-free environment. Students consistently say it's where the concepts click.

Is there any ongoing support or community access after the bootcamp ends? +

Yes. When you join Proptiply's bootcamp, you become part of an active community of students and alumni. This includes access to group coaching, community events (hikes, gatherings, Student Success Nights), and a network of people at various stages of the same investment journey.

Investment Strategies

5 questions

What exactly is OPM and how does it work in Singapore property? +

OPM stands for Other People's Money, which is the idea of using financing options such as bank loans, CPF funds, and partnerships to invest in property without needing to fund the entire purchase yourself. Many aspiring investors believe they need a large cash reserve before they can get started. In reality, property investing often comes down to understanding how to use financing effectively.

By combining your own resources with available funding options, you can participate in opportunities that might otherwise seem out of reach. The goal is maximise the efficiency of your capital so you can build wealth without putting all of your cash into a single property.

Proptiply's philosophy is: Cashflow → OPM → Scale Up. Cash flow tells you the deal works. OPM tells you how to fund it without draining your savings. Scale Up is what happens when you systematically repeat that across multiple properties.

How does the co-living model actually generate more income than a standard rental? +

A standard tenancy rents the entire unit to one household. Co-living rents individual rooms to multiple tenants at a price point lower than renting their own flat.

The aggregate room rents almost always exceed what a single-tenant lease would generate for the same unit, often by a significant margin. In Singapore, a well-run co-living unit can generate substantially more per month than a comparable whole-unit lease, depending on location, room count, and furnishing quality.

What does "Below Market Value" (BMV) actually mean in Singapore's property market? +

BMV refers to acquiring a property for less than its true market value, either because the seller is motivated (divorce, debt, relocation), the property needs renovation work, or the investor has identified information the market hasn't fully priced in yet.

In Singapore specifically, BMV deals appear in foreclosure auctions (mortgagee sales), direct seller negotiations, and off-market listings through agent relationships.

Why it matters: You make money when you buy, not when you sell. Buying right is the single most important decision in any property investment because it determines your yield, your margin of safety, and your exit options before you even sign the OTP.

What is "Infinite Returns" & is that a realistic concept or just marketing? +

Yes, it's a real investment concept. Infinite returns refers to a situation where an investor has fully recovered their initial capital from a property, through rental income, cash-out refinancing, or a combination, while still retaining ownership and continued income.

When your initial capital is effectively zero (because you've taken it back), the return on that remaining equity is mathematically infinite. This is the same concept behind the BRRRR strategy (Buy, Renovate, Rent, Refinance, Repeat) discussed in investor communities globally.

In practice, it requires: buying right (BMV), generating positive cash flow from day one, and executing a refinancing strategy at the right time. It requires deliberate deal structuring, which is what Proptiply's Residential Acceleration Program teaches in depth.

Can you guarantee returns if I follow your strategies? +

No, and anyone who tells you otherwise in the property education space is being dishonest. Every investment carries risk. Returns depend on market conditions, deal quality, execution, and each person's own financial situation and risk appetite.

What we can say honestly is that the strategies we teach are the exact same ones Ernee and Jelene use in their own portfolio today. Their experiences were refined through many deals, mistakes, and over a decade of iteration in Singapore's property market.

You are always required to exercise your own due diligence before any investment. We equip you with the framework to do that well.

Singapore Property Rules

5 questions

I own an HDB flat. How does ABSD affect my ability to invest in private property? +

For Singapore Citizens, purchasing a second residential property (e.g. a private condo while still owning an HDB) triggers an Additional Buyer's Stamp Duty (ABSD) of 20% on the purchase price as of the 2023 cooling measures.

The common strategy to avoid this is: sell your HDB first, then purchase private property. The timing of this transition, including the Minimum Occupation Period (MOP) for your HDB, is critical and requires careful planning.

The Residential Acceleration Program covers HDB-to-private upgrade sequencing in detail, including how to plan the sale timing, bridge financing, and how to structure the interim period so you're not caught without housing.

Can I use my CPF OA funds to invest in property, and are there limits? +

Yes, CPF Ordinary Account (OA) funds can be used for property purchases in Singapore, subject to several conditions. The property must be in Singapore and must be a residential property (not commercial or industrial). There are also limits tied to the Valuation Limit (VL) and Withdrawal Limit. Once you've withdrawn CPF up to the VL, you can only withdraw more if you set aside the Basic Retirement Sum (BRS) in your CPF.

For investment properties (i.e. not your primary residence), the CPF Board has specific rules on usage, particularly around LTV ratios and outstanding loans. These change periodically with cooling measures.

We cover CPF usage in both the bootcamp and consulting services, including how to factor CPF into your financing strategy without compromising your retirement adequacy.

Is co-living legal in Singapore and what permissions do I need? +

Co-living is legal in Singapore, but it operates within URA and HDB guidelines that operators must follow. The key rules:

For HDB flats: You can rent out individual rooms, but you must be a Singapore Citizen or PR, have passed the MOP, and get HDB's approval. The whole flat cannot be rented out without specific HDB consent.

For private properties: Rooms can be rented to multiple tenants, but the minimum rental period is 3 consecutive months for individual tenants. Short-term rentals below 3 months (e.g. Airbnb-style) are not permitted.

Landlord permission: If you are operating a rent-to-rent model (subletting), you need explicit written permission from your landlord to sublet. This is a critical compliance step covered in the Co-living Bootcamp.

Proptiply's approach is built on compliant, sustainable co-living operations. We do not teach workarounds or grey-area methods, and the legal framework is part of the core curriculum.

What is the Loan-to-Value (LTV) limit in Singapore and how does it affect my investment plans? +

The LTV limit determines how much of a property's value a bank can lend you. As of current MAS rules:

— First property loan: Up to 75% LTV (you fund 25% in cash/CPF)
— Second property loan: Up to 45% LTV (you fund 55% in cash/CPF)
— Third property loan and beyond: Up to 35% LTV

This is why the sequencing of your property purchases matters enormously. Buying your first investment property carries significantly better financing terms than your second. The RAP covers how to plan your portfolio acquisition sequence to maximise LTV benefits and minimise cash upfront.

Why should I look at industrial properties when there's ABSD on residential? +

Industrial properties (B1 industrial spaces, warehouses, factories) are not subject to ABSD, making them an attractive diversification option for investors who have already used their ABSD-free slot on residential property, or who want to avoid stamp duty altogether.

The trade-offs: industrial properties typically offer lower capital appreciation than residential, but can provide stable rental yields and are less susceptible to housing cooling measures. The checklist for evaluating industrial deals, such as location, zoning, tenant profile, lease terms, is very different from residential, which is why Proptiply covers it as a separate track.

The Proptiply Board Game includes industrial property scenarios specifically so students can build intuition for this market before committing real capital.

Practical & Logistics

4 questions

What is Proptiply's refund policy for the bootcamps? +

There is no refund policy for Proptiply's bootcamp programmes once payment is made. We take this position because the programmes are intensive, seat-limited events where the content is delivered fully across both days.

A different policy applies for property consulting services. If you find no value gained from the consultation session, a refund is available.

If you're unsure about committing to a bootcamp, we'd encourage you to attend our introductory workshop first. It's a lower-commitment way to experience Proptiply's teaching style and content before signing up for a 2-day programme.

I'm a busy professional with limited time. Is this still worth attending? +

This is one of the most common situations Proptiply students come from. The co-living model in particular was designed with busy professionals in mind — the rent-to-rent structure can be set up and managed with significantly less time than owning and managing a property directly.

The 2-day bootcamp is held over a weekend. It's a concentrated, high-density learning experience specifically because we know most attendees can't take time off work. Many Proptiply students hold full-time jobs and run co-living units on the side, using the management systems and tenant frameworks taught in the bootcamp to keep their time involvement low.

I'm not a Singapore Citizen or PR, can I still attend and invest? +

Yes, you can attend the bootcamp regardless of nationality. The course content is primarily focused on Singapore's property market, so the strategies taught are most directly applicable to Singapore-based investing.

For foreigners purchasing residential property in Singapore, note that ABSD rates are significantly higher (60% for foreigners on any residential purchase as of 2023 cooling measures). This makes the co-living model particularly relevant for foreign residents, since the rent-to-rent approach does not require property ownership, ABSD is not a factor. Commercial and industrial properties also have no ABSD.

We recommend reaching out via WhatsApp before registering so the team can advise you on which programme makes most sense for your specific residency status.

Where do I start if I'm completely new, workshop, bootcamp, or consulting? +

You can start with the workshop.

Our introductory workshop covers the three core pillars (BMV, Positive Cash Flow, Infinite Returns) and includes the board game. It's a low-commitment way to experience Proptiply's teaching and figure out which direction — co-living or residential — is the right fit for where you are right now.

From there, most students choose one of the 2-day bootcamps based on what resonated most in the workshop. Consulting is best after you've attended a bootcamp and have a specific deal or portfolio situation you want to discuss one-on-one.

A quick guide: Workshop → you're curious but haven't committed. Co-living Bootcamp → you want to generate income before or without buying property. RAP → you're ready to buy and want to build a residential portfolio. Consulting → you have a specific situation that needs a personalised plan.