okletsgo

Welcome back to another Cracking The Code episode on Nuggets On The Go! With the landscape of real estate constantly evolving in line with recent reclassification of mature and non-mature estates to Standard, Plus and Prime models, plus rejuvenation of non-central townships, is it perhaps time to reclassify the OCR, RCR and CCR?

Join Melvin Lim from PropertyLimBrothers to explore the question whether is it time to reevaluate region classifications, and what reclassification may help to do. Find out why Melvin thinks reclassification may be necessary, as well as the impact of the exit audience effect.

(00:00:00) Intro
(00:00:54) Removal of non-mature and mature HDB housing | Standard, Plus & Prime HDB 
(00:02:12) Reclassification of OCR, CCR, RCR
(00:04:39) New Townships
(00:05:57) Exit audience of BTOs / MOP HDB
(00:10:14) MOAT Analysis [Treasure Trove /  Parc Centros / Prive]
(00:11:28) First-hand owner psychology / familiarity effect
(00:15:28) OCR Development
(00:19:00) Potential of new townships
(00:20:23) Exit strategy criteria
(00:22:10) Wrap Up

Buying her first property at 23, self-made? PropertyLimBrothers Melvin Lim and Grayce are joined by Min, a young Singaporean entrepreneur who purchased freehold condominium in Serangoon. But what’s so great about that though? Aside from age, there’s some depth in mindset and thought process. Check out her journey, find out what was her motivation behind buying a property, as well as how she was able to save up enough for the down payment.

Purchasing a 1-bed + study and having rented it out, what are her plans now after achieving this big life goal? Find out all these and more on this episode of Nuggets On The Go! 

Do check out her TikTok that caught our eye here:
https://www.tiktok.com/@minxchen_?_t=8ftK7dVqakZ&_r=1

(00:00:00) Intro
(00:01:23) Family Struggles and Support
(00:05:51) Property Purchase Journey
(00:09:05) Motivation of buying property when 21 y/o | Family Background
(00:28:14) Saving tips and habits
(00:32:52) Save money for future plan
(00:36:15) Cut down or earn more?
(00:37:08) Advice for young people who wants to start up business
(00:40:52) Next Plan
(00:42:53) Where do you learn about property?
(00:48:01) What do you want to accomplish in the next few years?
(00:50:36) How do you motivate yourself?
(00:59:21) What would you advise a child to do with their life?
(01:02:19) Grayce's Motivational Speech 
(01:03:55) Outro


https://youtu.be/dKPktipwmM0

PS: For HDB buyers
Let's be real. It's the age-old question that every singapore couple asks ourselves. How does it fare now in 2023 and onward to 2024? Stick around as this is the full recording of the LIVE DEBATE that happened earlier this week.

From learning about the price fluctuations and real differences in terms of price, space, emotional buys and more, enjoy this conversation and decide for yourselves — Which is better for you?

Check out our episode on YouTube Channel!
https://youtu.be/uTwWZlUhnFM

On this episode of Nuggets On The Go, Melvin Lim caught up with Bernard, CEO of EdgeProp Singapore and Malaysia. Since coming to fruition for over 8 years, EdgeProp has been the go-to platform for real estate news and analytic data. Learn how EdgeProp came to be, from The Edge Singapore acquiring Square Foot Research, and where it plans to go in the future.

Join them as they discuss about technology and real estate, with the advancement of AI. Find out what we think about the recent HDB reclassification announced in the National Day Rally. Explore the multifaceted journey of EdgeProp with us, as they empower individuals to make informed property decisions.

(00:00:00) Intro
(00:01:12) When did EdgeProp and The Edge start?
(00:03:36) What differences are there in portals back then and now?
(00:08:44) How do you see AI being a key component in real estate Singapore?
(00:18:53) Will you implement AI tools in your portal?
(00:38:04) Do you think there will be a day realtors will be displaced?
(00:45:00) Views on new launches this year
(00:52:23) Do you think our cooling measures will ever be retracted?
(00:54:48) Will there be ripple effects of the latest standard, plus and prime BTO models?
(00:59:47) What is the plans for EdgeProp and The Edge?
(01:02:28) Wrap Up

Check out our episode on YouTube Channel!
https://youtu.be/2yuqTZiRwmc

Melvin Lim, Lyndon, and Yu Rong return to further explore the topic of HDB and its associated criteria. As this recording takes place prior to the National Day Rally, there's speculation about upcoming adjustments for singles purchasing BTOs and resale HDBs. One prominent question revolves around whether the age threshold of 35 years old will undergo any changes. (update: looks like nope)

They explore the possibility of implementing a lower age bandwidth, and its possible repercussions, while also discussing HDB’s PLH and whether ECs in prime locations would be where we’re heading. From property plans to parenting skills and even discussions about inheritance, this one is packed with thought-provoking content. Don’t miss out on this episode on Nuggets On The Go, as well as our upcoming live webinar on September 15th at 8:00 PM!

Don't miss it! Sign up now:

Choosing Your Path in Singapore Property:
Condos vs Executive Condos vs Resale HDB vs BTO
https://www.propertylimbrothers.com/choosing-your-path-in-singapore-property/


(00:00:00) Intro
(00:01:38) Single Buying Resale
(00:02:32) National Day Rally | Live Webinar
(00:04:05) Will the age bandwidth be lowered for singles to buy resale HDB?
(00:14:01) Singles’ mindset
(00:17:25) News 1 : Consider Building Executive Condos in Prime Location
(00:24:33) News 2 : Clementi, Pine Grove sites
(00:26:47) Performance of New Launches 2023
(00:27:51) Lyndon’s Journey
(00:30:14) Dropping Take Up Rate for New Launches
(00:31:15) News 3 : Household wealth rose in Singapore, bucking trend
(00:32:25) 2023 Q1 Singapore Household Net Worth
(00:35:16) Correlation between growth in price and landed/condo/hdb
(00:41:16) News 4 : Pursuit of property near popular schools heats up
(00:57:07) News 5 : How much inheritance should you leave your children?
(01:04:16) Wrap Up | Live Webinar

Check out our YouTube episode here:
https://youtu.be/WeP7m4j01s8

We're glad to have you join us for the second instalment of the two-part NOTG episode featuring Joanna and Jevin. Their property journey began early in life, and in this episode, they openly discuss the knowledge they've gained throughout their experience. Get an inside scoop into their meticulous decision-making process, including their bold choice to let go of their dream HDB unit, SkyVille @ Dawson, in favour of acquiring two condominiums.

Join Melvin and George from PropertyLimBrothers as they find out more about Joanna and Jevin’s journey. Discover their perspectives on the significance of early financial literacy and the exploration of multiple life paths while the opportunities still persist on this episode of Nuggets On The Go!

(00:00:00) Intro
(00:01:43) Plan for En Bloc
(00:07:28) Future Plan / What is the plan if property go en bloc in 20 years
(00:10:05) Potential of Geylang
(00:16:39) Thoughts on policies towards singles or married couple
(00:22:35) Property VS Stock
(00:28:15) Misconceptions about financial literacy in the education system
(00:37:13) Final Thoughts
(00:42:10) Toilet Break
(00:42:17) Joanna viewed 200 properties???
(00:48:13) Experience with PLB
(00:52:57) The Meaning of Life: What would you advise your child to do with their life?
(00:55:54) The Meaning of Life: What do you really wanna tell your mother and your father?
(00:56:37) Wrap Up

Check out our YouTube episode here:
https://youtu.be/oWKxZG-xcaY

Today on NOTG, we’ve got a fresh perspective from Lyndon, Assistant Listing Executive at PropertyLimBrothers. Watch this insightful discussion on the difference between the property markets in Hong Kong and Singapore, as well as some misconceptions people may have on the value of renovation from a buyer vs seller’s perspective. With the trend of the market, will we eventually reach a point where people simply decide that condos are too expensive to afford?

Join the crew in exploring the charts and data from PLB’s Research Team, to shed some light on the trends in the property market. Do keep a look out for Part 2, where we’ll continue our discussion on the recent eye-catching property headlines. Don’t miss another engaging and informative episode, and be sure to drop us an email at insights@plb.sg for access to the charts shared in this episode!

(00:00) Introduction
(03:38) Article: Climbing property ladder harder?
(04:29) Lyndon's BTO Story
(06:24) Renovation calculation
(10:52) Balloting for BTO
(12:20) Lyndon's stack facing story
(14:29) Knowing your renovation budget
(19:24) Singapore is more expensive than Hong Kong
(35:00) Buying into a private property
(36:30) Real estate market forecast
(45:24) Joanna and Jevin real estate journey
(46:28) 5 years cycle
(49:32) Private properties becoming unaffordable in the future
(56:25) Singapore's old money
(58:46) What will happen to all the 99-year properties?
(1:00:59 Conclusion
(1:03:16) Bloopers

https://youtu.be/amVgs91M8hU

We’ve got clients Joanna and Jevin on board today to provide insights on property investment, financial literacy and snippets of their real estate journey! Tune in to hear about their experiences and real-life lessons on the importance of a timeline and how they navigated the process of show funds pledging while interacting with different agents before finally ending up with PropertyLimBrothers.

Melvin Lim and George asks about their home buying journey, from attempting to snatch up a Punggol SBF at the age of 21, to buying their matrimonial home at 23, and the eventual additional assets to their portfolio. Don’t miss this engaging episode of our Nuggets On The Go Banter series, where we explore the realm of property investment and financial knowledge with valuable bite-sized nuggets of information to take away!

(00:00:00) Intro
(00:01:54) Occupation of Jevin & Joanna
(00:02:28) Background story before buying house at 23 y/o
(00:15:30) Property Journey
(00:28:34) Resale VS BTO
(00:38:56) Opinions on Property Prices
(00:41:00) Financial Planning / Arrangement
(00:44:17) When did they start to plan for next move?
(00:46:07) Discipline of planning
(00:51:30) CPF Accrued Interest
(00:52:34) Stop Thinking, Start Doing
(00:56:22) Suggestion for planning/ Create habits
(01:10:16) Wrap Up

Why is it that we’re focusing more on quantum over PSF nowadays? Melvin Lim recaps on the previous parts and offer an illustration of erosion, before moving into the topic for Part 3, quantum versus PSF methodology. Listen on for nuggets of digestible and understandable concepts.

A shout-out to our participants who made our recent Landed Convention a success, thank you for coming down and being a part of our first Landed Convention! If you’ve missed out on the PDF that we were sharing, do drop us an email at insights@plb.sg. 

(00:00:00) Introduction
(00:01:39) Landed Convention
(00:04:37) PLB Property Summit 2023
(00:05:29) PLB latest technology
(00:07:01) Recap
(00:08:23) Quantum versus PSF
(00:09:06) 7 unique traits of Real Estate as an investment
(00:09:41) Investing in real estate
(00:10:25) What could you buy with $100K 3 years ago?
(00:11:30) Regentville pricing
(00:14:57) $100K down payment comparison between 2020 and 2023
(00:16:52) Class of asset that will appreciate
(00:17:49) Choosing the right asset to invest into
(00:18:39) Mindset of investing
(00:23:30) Owning a property forever?
(00:25:11) Exit mindset
(00:27:29) PLB Insights Q1 Report 2023
(00:28:11) 2013 trigger events
(00:30:26) Changes in floor plans
(00:32:19) Trifecta of resale properties
(00:33:47) Conclusion
(00:39:08) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/xb_yinSKoEQ

We’ve invited Kay Cheong from The Immigration People to join us once again to discuss us on the impact of the recent ABSD increase and its implications for foreign investors and expats who plan to come to Singapore post-COVID. Find out what has been the market trend since then, as Melvin Lim and Beatrice caught up Kay on what working in the unregulated and ever-changing immigration industry has been like and her future plans to further value add to her clients.

Do check out The Immigration People’s website at www.tip.com.sg, as well as their YouTube channel, The Immigration People!

(00:00:00) Introduction
(00:02:04) Market Trend
(00:05:32) One Pass
(00:07:56) Foreigner aiming for Singapore Citizenship
(00:08:36) Foreign family interests
(00:10:30) The Immigration People clients
(00:12:52) The Immigration People as a business
(00:14:55) Giving up your homeland's citizenship
(00:17:16) Kay's journey to becoming a business owner
(00:21:14) Memorable clients
(00:23:07) Keeping up with the policies as a business owner
(00:24:31) Is Singapore business friendly?
(00:26:30) Beatrice entrepreneur journey
(00:28:47) The Immigration People expansion
(00:32:44) Clients who DIY
(00:33:38) What are foreigners buying?
(00:36:22) PR applications
(00:39:50) Factors for PR application
(00:46:14) Length of PR process
(00:47:25) Factors that affects the length of approval
(00:48:17) Future of Singapore Demographics
(00:51:37) PR family's first property
(00:53:10) Kay's preferred type of property
(00:55:51) Foriegner client's preferred location
(00:56:44) Advice for foreigners
(00:59:33) The Immigration People details
(01:01:25) Conclusion
(01:02:03) Outtakes

Watch the video on our NOTG YouTube Channel:
https://youtu.be/NuQ4eRB7o0c

How To Save For Your First Property Effectively & Efficiently + Leverage vs Paying in full!

What’s the process of our younger generation moving out from their parents’ home and into their own? While many young individuals aspire to rent a place after graduating, it is worth considering the alternative of pumping rental money in a mortgage instead.

To explore this topic further, we have enlisted the insights of Melvin Lim, Grayce, George, and Yu Rong, from PropertyLimBrothers to discuss various financing options available to first-time homebuyers. Additionally, they will provide valuable advice on effective and efficient methods of saving up for your initial property investment. For the keen investor, what are the benefits of leveraging rather than paying in full? Gear up with more real estate tips on this week’s Nuggets On The Go!

(00:00:00) Introduction
(00:03:07) NOTG Cups
(00:04:10) Save up for your first down payment
(00:10:25) First property, private property or HDB?
(00:17:00) Co-investing for your first property
(00:24:03) Options for young couples of owning your first property
(00:31:43) What is owner-occupier route?
(00:34:28) BTO route
(00:36:53) Time matters for your property
(00:39:44) Why is it better to leverage?
(00:46:38) Melvin's Mom property investment
(00:47:50) Insurance to cover risk
(00:51:08) Saving up methods
(01:03:04) Grayce's $75 per hour part-time
(01:05:44) Producer's investing in their first property at age 35
(01:09:45) Joel's first property
(01:13:20) Advice for singles
(01:14:10) Earning
(01:15:02) Advice for investing for your first property
(01:16:11) 2 factors to take note for spending habits
(01:17:23) Melvin always has cash in his pocket
(01:18:16) Yu Rong's envelope method
(01:19:12) Melvin's first property
(01:20:58) Delaying purchasing assets
(01:22:01) Latest news
(01:22:59) Conclusion

Watch the video on our NOTG YouTube Channel:
https://youtu.be/chh0-MQCUJU

Cracking the Condo Code 2: Why some 99-year Condos Out-Perform Freehold Condos in the same Enclave | NOTG

Perhaps you may have noticed while searching for your next property, 99-year projects going at a higher PSF than freehold projects in the same area. Ever wondered why that’s the case? The 2nd episode of our Cracking the Code series, Melvin Lim talks about condominiums and specifically the behaviours of the projects in relation to disparity effect, the valuation and price appreciation in the enclave.

Using Kovan Melody and Kovan Esquire as the main 99-year vs freehold examples, tune in to find out how it is possible that one may be asking and transacting at a higher price than the other despite their tenures. Also, find out what factors drive price appreciation. All these and more in this latest episode of Nuggets On The Go!

(00:00:00) Introduction
(00:03:31) Why is Kovan region special?
(00:06:11) What is mixed landed zoning?
(00:08:03) What is boutique development?
(00:08:23) Checking the height of a unit using Squarefoot Research
(00:09:01) Checking the height of a unit using Google Earth
(00:09:28) Trends
(00:11:27) Freehold vs. 99-year Leasehold
(00:11:42) Melvin real estate experience
(00:12:24) All properties can be sold
(00:13:39) Inherent Factors, Changeable Factors and Pricing Mechanism
(00:15:20) Kovan Esquire
(00:16:35) 2011 transactions in Kovan region
(00:19:50) PLB Landed Convention
(00:21:21) Present day Kovan region
(00:22:41) Desktop valuation
(00:23:17) 2011 vs 2023
(00:24:00) Kovan Esquire appreciation rate comparing to Kovan Melody
(00:25:14) Sellers or buyers, which is more important?
(00:32:40) Kovan Esquire transactions
(00:34:00) Kovan Melody transactions
(00:34:26) Human psychology of selling a property
(00:36:55) Pros and cons of freehold projects
(00:38:17) Bala's curve
(00:39:11) Conclusion
(00:43:54) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/LMKTqWZlxC0

This Co-living Guru rented out 1200 rooms! Ft. Rental Trends and Scams! | NOTG S3 Ep16 

On this week’s episode of Nuggets On The Go, Melvin Lim, Grayce, and Yu Rong from PropertyLimBrothers are joined by special guest, Eugene Lim, founder of The Assembly Place! After deciding to become a Real Estate agent to pay off his university fees, Eugene embarked on a path that would eventually lead him to establish The Assembly Place— a co-living operation.

Starting from an inter-terrace at Jalan Elok less than a year before the pandemic, find out how he surfed through the tides of COVID and circuit breakers, to obtain not only more rooms but even acquiring a competitor!

We breakdown co-living from the point of views of the tenant, landlord, and operator, as well as the current market trending. Tune in for tips, and Yu Rong’s advice on how to prevent falling into rental scams, all on this week’s Nuggets On The Go!

(00:00) Introduction
(02:04) Get to know Eugene Lim
(08:08) What is co-living
(09:41) Eugene Lim's social experiment for co-living
(11:12) 2019 Rental rates
(12:25) Eugene's acquired number of units back in 2019
(16:04) Co-living tenants point of view
(19:14) Pool of tenants
(21:03) Why co-living is better?
(21:33) Cap for Monthly utility
(23:04) Conflicts between tenants in the same apartment
(24:40) Tenant matching
(25:19) Tenant's privary in a co-living space
(26:52) How The Assembly Place solve tenant conflicts
(28:05) Co-living landlords point of view
(36:37) Realtor or Co-living operator (Pros and Cons)
(39:48) Partitions
(42:33) Tenants arriving to Singapore
(43:41) Minimum contract period of The Assembly Place
(43:59) Lease agreement
(44:18) Minor Repair Clause
(48:37) Co-living operators point of view
(55:25) Key factors for increasing rental
(56:05) Transitioning from part-time to full-time operator
(59:37) Other co-living competitors
(1:00:17) What is Strict Lease Model?
(1:00:47) Big players in co-living industry in Singapore
(1:01:19) The Assembly Place expansion
(1:03:10) Co-living business success
(1:06:00) Upcoming The Assembly Place platform
(1:08:58) Co-living courses
(1:10:53) Co-living B2B
(1:13:40) Rental Scams
(1:15:31) George's Rental Scam story
(1:17:26) Prevention from rental scams
(1:22:13) Conclusion
(1:22:43) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/t0lfsYMSKlg

Venturing into the private property market may be an unknown territory for most first-timers. How can you be prepared to take on analysing property by yourself? On this episode of Nuggets On The Go, Melvin Lim from PropertyLimBrothers shares valuable insights gathered throughout 17 years of industry experience and through PLB’s Research arm.

Learn how to take advantage of online tools such as Streetdirectory and Square Foot Research, before diving head first into finding your next property. Find out about our thought processes, methodology and our proprietary MOAT Analysis Tool, all on this week’s Nuggets On The Go!

(00:00) Introduction
(01:47) Analyse a condominium through Square foot Research
(03:16) Take note of the tenure?
(04:49) Take note of the number of units?
(06:06) Why transactions and popularity are important? (Webinar Clip)
(09:38) Transaction volume in the last 6 and 12 months
(11:03) Check listing of the property through PropertyGuru
(13:06) Transactions of Kovan Melody
(13:31) Entry-Exit
(15:24) Why some projects perform better?
(19:50) Kovan Melody performance (Past - Present)
(21:04) Behaviours of Condominiums
(30:37) Buy in during uptrend or downtrend
(31:35) Comparing projects through MOAT Analysis
(33:14) Consult with PLB
(33:37) Conclusion
(33:58) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/g9gHEaVYjVM

A brief discussion recently on the ABSD rise, we’re going more in depth on what this increase could mean, not just for private properties but HDBs as well. Melvin Lim and Yu Rong are joined by articulate Mikaela and everybody’s friend, Beng Yew, to discuss not only the pressing topic of ABSD, but integrated developments as well as the rental market.

Will those in the sidelines stay forever priced out of the market? Will rentals continue to rise? What about why some but not all integrated developments seem to do well? Get your snacks ready as we answer all these burning questions, in bite-sized chunks, on this week’s episode of our Banter style Nuggets On The Go!

(0000:00) Introduction
(00:02:52) Mikaela's Accent
(00:05:30) Beng Yew was a flower salesperson
(00:06:29) Topics to cover
(00:08:55) HDB prices rose further (5-room flats)
(00:12:20) Govenrment further raises ABSD rates
(00:15:10) A lot of foriegn buyers buying OCR Resale
(00:19:56) ABSD hike on housing market could go two ways
(00:22:03) Three different countries (Would you invest?)
(00:36:47) Foreign buyers pick up 4 units despite doubling in foreigner ABSD Rate
(00:40:51) Blossoms By The Park unit prices
(00:45:55) Are Integrated Projects overpriced?
(00:52:25) Yu Rong's Watertown story
(00:53:33) Integrated Projects audience
(00:54:02) Beng Yew's Mr Coconut story (Watertown)
(00:56:12) Disparity Effect (Integrated Projects)
(01:01:39) The Woodleigh Residences (Integrated Projects)
(01:09:10) The Woodleigh Residences or Park Colonial
(01:10:41) Predictions of average PSF of an OCR new launch in 2028
(01:14:47) Highest PSF done in the last 6 months
(01:16:29) 5-room HDB flats rental rates
(01:25:25) Singapore residential property supplies
(01:29:51) Are we trapped?
(01:33:34) Topics to cover next episode
(01:33:57) Conclusion
(01:34:08) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/4BAaeaYdEVg

NEWEST ABSD cooling measures - The complete breakdown! | Melvin Lim | NOTG

The new reality of up to 60% ABSD released on 27th April 2023 had many wondering what this will mean for the future of Singapore’s real estate market. Melvin Lim from PropertyLimBrothers dabbles deep into the likely causes for property price acceleration, and the possible concerns our policy makers had that led to the introduction of the latest round of “cooling measures”.

Keep up with the changes and see what Melvin has to say about its potential impact on the private property market, all on this week’s episode of Nuggets On The Go!

Don’t miss out on the early bird tickets for PLB’s upcoming Landed Convention happening on 20 May 2023 at Pan Pacific Singapore, where Melvin Lim, alongside 15+ renowned landed developers, architects, builders and brand partners provide data-driven insights and showcase the newest listings in the market!

Purchase your tickets while you still can through the link below!
https://www.propertylimbrothers.com/landed-convention-2023/

(00:00) Introduction
(01:43) Increase in marginal BSD Rates (February 15, 2023)
(02:23) Adjustment of ABSD Rates for Foreigners
(03:47) Acceleration of Price
(06:57) Percentage and quatity of transaction
(11:33) Total amount of condos and apartments in Singapore
(12:54) Melvin's thoughts for the current Singapore Market
(14:37) Will this affect the overall price index?
(18:11) Melvin's thoughts for this round of cooling measure
(20:16) Conclusion
(22:08) Landed Convention 2023
(23:34) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/udcwZorNf2Q

The PropertyLimBrothers team delves into how developers purchase land, specifically through en bloc sales. To help us understand, we brought in en bloc expert, Mr. Karamjit Singh, CEO of Showsuite and Delasa, to share his insights on this hot topic amongst private property owners. Breaking it down to 3 different perspectives, see through the lenses of existing owners in project with en bloc potential, learn what attracts developers to bid on specific land plots, as well as the risk involved, especially for individual retail home purchasers.

With attributes like GFA and ABSD, strap in and find out what are the many factors that influence the en bloc market, all on this week’s episode of Nuggets On The Go Banter Series!

(00:00:00 Introduction
(00:03:11) When does en bloc happen?
(00:05:12) Karamjit real estate journey
(00:06:33) Will there be another huge en bloc that will happen?
(00:07:52) En bloc sale for Mandarin Gardens & Braddell View
(00:09:51) En bloc sales process (For Existing Owners)
(00:14:43) How many years is a cycle? (Mega & Mini)
(00:16:54) Remaining HUDC properties
(00:19:22) Will a developer prefer GLS over en blocs?
(00:20:52) 2023 GLS New Launches
(00:21:15) GLS pricing prediction
(00:28:58) Does it take a lot of effort for the current owners?
(00:34:25) Number of Sales Committee
(00:37:20) What should you do if you're an home owner in Euro-Asia Park?
(00:42:32) What profit margin do developers prefer before moving forward with an en bloc?
(00:47:37) What attract developers to bid for a project?
(00:53:00) Only one bidder for Lentor Gardens
(00:57:42) Are mixed use development projects more attractive for developers?
(01:02:25) Being a first owner does it factor into en bloc sales?
(01:05:27) How long is the tender open for?
(01:06:43) Third time is the charm for en blocs
(01:11:49) Pricing for Landed, Private, and HDB
(01:23:15) US Bank Crisis
(01:26:53) Will home ownership reduce in the future?
(01:29:42) Advice for young people
(01:33:21) Conclusion
(01:34:19) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/Df9YRX25Eyo

The NOTG team Addresses some concerning news about 99-1 ABSD “loophole”, as well as foreigners seemingly undeterred by the ABSD and setting up family offices in Singapore. Joining Melvin Lim, Yu Rong and Grayce with some inputs today is Jun Wei, one of our Associate Listing Managers!

Understandably so, many are worried for the next generation and whether they will be able to afford public housing. Will there be further divergence from the different property types with the introduction of new cooling measures? Timing the market could mean getting priced out from waiting? Find out our takes on all this and more, on this week’s Nuggets On The Go!

(00:00:00) Introduction
(00:02:57) '99-to-1' loophole
(00:05:58) Thoughts about the latest news of '99-to-1' property deals
(00:12:17) High-net-worth foreigners setting up family offices in Singapore
(00:13:49) Why do high-net-worth foreigners setting up family offices in Singapore?
(00:16:15) Soft to Hard to Harder Asset (High-net-worth foreigners)
(00:18:22) Thoughts about high-net-worth foreigners parking their wealth in Singapore
(00:20:07) What is the next move for the high-net-worth foreigners in Singapore?
(00:23:54) Will the HDB prices plateau?
(00:29:51) Will there be a detachment in pricing of other property types from HDBs? (part 1)
(00:32:56) How much will you profit of when the upcoming BTOs when it MOP
(00:45:01) Is there an undersupply of private properties?
(00:46:48) Is it going to be harder to upgrade to private properties in the future?
(00:57:18) Will there be a detachment in pricing of other property types from HDBs? (part 2)
(00:58:39) Transactions by Purchaser's Residential Status from 2018 to 2022
(00:59:42) BTO vs Resale (For young couples what is the fastest route to accumulate downpayment?)
(01:07:24) BTO vs Resale (Producers thoughts)
(01:13:48) Behaviour of Average Gain of New launch, Resale and TOP properties
(01:15:59) What is 26 to 40?
(01:16:49) PSF Chart for Sims Urban Oasis, Clement Canopy and Botanique at Bartley
(01:21:35) When should you sell? (Botanique at Bartley)
(01:24:28) Ki Residences price before and after MRT Station was announced
(01:33:23) Conclusion

Watch the video on our NOTG YouTube Channel:
https://youtu.be/bGt54-KYJA4

Melvin Lim from PropertyLimBrothers shares our newest comparison charts fresh out of the oven, breaking condo unit sizes down to bite sizes nuggets of information, on this episode of NOTG regarding housing supply.

Prices have been increasing and our government has decided to tackle it by increasing the supply of new flats, what will happen to the property market as well as the bedroom types and sizes being developed? And with an even tighter supply of landed homes, why are people still buying them? Tune in to find out!

(00:00:00) Introduction
(00:01:53) Charts to uncover
(00:03:13) Previous Banter episode
(00:03:38) Which quadrant does landed property falls into as an investment?
(00:03:52) What is Q1?
(00:04:08) Which kind of property has the best rental yield?
(00:04:18) Two ways of owning an HDB & Private Property
(00:05:29) Different Quadrants for Properties
(00:08:16) Why are people still buying landed homes?
(00:09:42) More BTO Projects
(00:10:12) Gold as base currency
(00:10:53) Lastest inflation rates in Singapore
(00:12:07) Available Landed Stock in Singapore
(00:12:59) Landed home is the most restricted supply
(00:13:47) Weaker Money going into Stronger Money
(00:15:09) Breakdown of Unit Sizes of Private Landed New Launches (All Regions)
(00:17:37) Four types of landed home buyers
(00:18:55) Number of Landed in Each District
(00:20:21) Important note for getting into the Landed Market
(00:22:04) PLB Landed MOAT Analysis
(00:22:47) PLB Journey Maker
(00:23:28) Disparity Effect
(00:23:39) Conclusion

Watch the video on our NOTG YouTube Channel:
https://youtu.be/TQpUKbNe2MY

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