Is park place residences or paya lebar residenses consider Geylang D14 area?
@alanweeproperty11 сағат бұрын
i dont think most will associate PLQ to geylang. its more towards Paya lebar.
@OlivePolly8 сағат бұрын
@@alanweeproperty Thank you for replying. What abt condominums near PLQ residenses like the waterina or the sunny spring? Will buyers think that it is Geylang D14?
@alanweeproperty7 сағат бұрын
@OlivePolly how buyers think 🤔 We really no control
@airjunda7299Күн бұрын
really nice videos!! I am renting at hillview and consider buying midwood 2b2b resale. Do you think this is a good time to entry?
@alanweeproperty19 сағат бұрын
If u buying own stay. U just have to buy. Timing the market is quite difficult.
@shurakishi4707Күн бұрын
I stayed in my parents house for the past 20 yrs before owning my own hdb flat. Lived in a large semi-D at Serangoon gardens. Yes I will say maintaining a landed property is a headache, whether you have maids or not. To vacuum and mop a 3 story house it takes all 4 of us 3 hours. We do such housework weekly. That’s at least 12 man-hours for u. I haven’t count in washing toilets and wiping surfaces, tabletops, cleaning kitchens etc. Also when things spoil and u need to maintain - it will cost you a bomb. There was once a huge draft of wind uplifted quite a number of the roof tiles, cracked and destroyed some water proofing. How much did it cost to repair? 50k. I don’t think u ever need to pay so much for a lifetime of hdb town council fees for maintenance. Is there a lot of type to living in a GCB or landed property? Sure, only if you live the atas lifestyle and u entertain guests almost daily. If not, your use of landed house is not much different from your hdb flat, except for the space and size. Invest in private property as it is safe? Yes and no. If you have lots of money yes by all means by one or two condos. It will be however, SILLY if you overstretch just to buy into the blind prestige of owning a private property. Really, no one cares whether you live in a hdb, condo or landed. I am a healthcare professional. The truth is, I have patients who come from the top 1% of the economy in the world - one of them is a ang moh CEO of a luxury brand. He is also a personal friend and he has condo here in sg too. Talk to him he has no airs. He goes to hawker centre and eat too. The truly rich don’t really care about all these status symbols unlike the common misperception.
@alanweepropertyКүн бұрын
Yes. Very true. Nobody care where, what or how we stay. We all live for our own life. Most important is happiness. I have too sell big house that is almost soulless. Rather small warm house that bring so much happiness n memories.
@ewokmoses59092 күн бұрын
Solid video. As always. GBU boss
@alanweeproperty2 күн бұрын
thank u for the support.
@damiengohsx2 күн бұрын
Punggol resales condo still can buy?
@alanweeproperty2 күн бұрын
With rising property prices. What better choices do u have?
@JaWs7382 күн бұрын
I think $3000 a mth is not enough for retirement here if you want to live very comfortably, though not luxuriously. But it will be good if you rent a condo in JB and rent out your flat in SG to suffice the much more relaxful lifestyle there. Am I correct, Alan ?
@jeremyow72832 күн бұрын
If one is seriously interested to retire in JB on a long term basis, one would need to apply for MM2H long term visa stay. This would come with certain requirements to be met such as owning a JB property bought from a developer there and certain amount of fixed deposit with a Malaysian bank. Thus, this would still need some fair amount of financial planning to be able to retire in JB on a long term basis. But no matter what, using one's retirement savings in SGD to convert to Ringgit to fulfill these financial requirements to retire in JB, still is a more affordable option due to the currency difference. Therefore, many Singaporeans with some careful financial planning, should still be able to apply MM2H and retire in JB comfortably.
@alanweeproperty2 күн бұрын
$3k more than enough for me 😁 maybe I have lower cost of living. U can check out my MM2H video.
@JaWs7382 күн бұрын
@alanweeproperty Need to factor in Medical cost.
@jeremyow72832 күн бұрын
@@JaWs738 In Singapore, we are well covered to a good extent by medishield and for some, private medical and hospitalisation insurance. This is barring any drastic high medical cost chronic conditions such as cancer etc. For many medical conditions, our medishield, private medical and hospitalisation insurance, and medisave can be used to offset any needed medical payments after the heavy subsidies by the government. If one chooses the government hospitals route instead of private hospitals, the final medical costs should still be manageable after the government subsidies and insurance coverage for many medical conditions requiring long term care. Even if one has exhausted most or all of one's resources in paying for medical care and is at one's wits end, one can still get financial assistance from social agencies. Thus, it is rare for someone to have to choose to die in Singapore because of lack of money in medical treatments. As such, I would say we are quite blessed to be citizens of a country whereby our old age medical costs are well taken care of if we do not suffer any drastic medical conditions that requires heavy long term medical costs, and if one chooses to go the government hospitals route for medical care and treatments.
@shurakishi4707Күн бұрын
@@JaWs738medical cost if the going gets tough u can just head over across the causeway and see specialists and hospitals there.
@exploringapis44952 күн бұрын
Those who got parents sponsorship for down payment PUI, look down on them.
@alanweeproperty2 күн бұрын
@@exploringapis4495 hahahah....this is life my friend. Some even Ah Gong blessed $1mil property to elder grandson! Not even to his own daughters!
@Ace-bm3ys2 күн бұрын
80% sour grape if not 100%. Everyone would wish to be born with a silver spoon, unless he already succeeded on his own
@exploringapis44952 күн бұрын
@@Ace-bm3ys not 80%. I am 1000% sour grape. Got any problem?
@exploringapis44952 күн бұрын
@@alanweeproperty the starting line is not the same for everyone. So must bring balance to the force, I will continue to hate on these ppl who rely on daddy money :D I'll also make sure to catch up and overtake these losers
@alanweeproperty2 күн бұрын
@@exploringapis4495 please watch more of my video then. I am sure u will learn alot n buy the right one.
@tryolegend2 күн бұрын
Sounds like japan why they dun like big houses and even if you go mountain and there is big land. The house is still small.. big house big maintenace. big cleaning 😁
@alanweeproperty2 күн бұрын
Yes...big must have helper. In Japan. No such things as live in maid. If have. Also very ex. Just nice size will do. My view. Your net worth is not how big your house is. It is your life, health n family n friends. As long don't be in massive debt that compromise your lifestyle.
@tryolegend2 күн бұрын
@ think the current system will change. Maybe soon they also will find airbnb actually cannot cover property and maintenance cost. When i see the report. Rental yield 2% on my property. I think i better put my money in the bank making 3.5% or even 4.7% in usd. Then nowadays too much projection after pandemic will have good amount of tourist coming back but it just falls short.
@alanweeproperty2 күн бұрын
@tryolegend u mean in Japan?
@tryolegendКүн бұрын
@@alanweeproperty in plenty of places. I know in philippines they built a lot of condos and use them as airbnb hotels listing them in like agoda. Japan also does that. Vietnam also does that. It seems that alot of people buying property to turn them into rental for yields. But when there are lesser people to rent. rental yields will drop. I think our singapore central area rental dip is also one sign. With depopulation and increasing cost of living and increased taxes due to depopulation. People also cannot afford more. Also there are less people less travel. Maybe even the culture people op to play their phones then to make effort to travel and look the world. Since they can do so on their phones.
@alanweepropertyКүн бұрын
@tryolegend I also stay in airbnb on my trip to Osaka. It was a pleasant experience.
@pyfirst2143 күн бұрын
Professor Wee, can you teach us how to use property no enough to do property flipping in Singapore.
@alanweeproperty2 күн бұрын
Watch more of my videos will do
@terrylam23173 күн бұрын
Thanks for your video. It is very helpful to property lover like me Can you make a video regarding sell 1 buy 2 ? is it still workable in today’s market? Seems like nobody is talking abt sell 1 buy 2 now . I would like to know the pros and cons regarding this if I own a $700k HDB now, and with $100k outstanding loan . Husband and wife both earn $6k per mth with no CPF and no cash saving .. really appreciate it 😊
@alanweeproperty3 күн бұрын
Can be pretty challenging based on your numbers. This mean based on $600k cash/cpf. U can only down for 1 property. New EC will be much better choice if u are still eligible
@kiansengau98954 күн бұрын
Can U address why Jcube was down only after 10 yrs...for Jaden, it's $$$, out goes sustainability and environmental concerns...Why the authority allowed it...Sad!
@alanweeproperty4 күн бұрын
That is corporate decision. I also don't know. Wasted too.... especially the ice skate ⛸️ ring.
@beny.57365 күн бұрын
If Sinkapore incorporate these ideas from Japan, gahmen will raise GST to 15% liao 😂
@ewokmoses59095 күн бұрын
Whoa. U also went Japan … ?? Plenty of sporrans jus went too. Lo. Enjoy ya
@alanweeproperty5 күн бұрын
Yes. Back awhile ago...
@1965Singaporean5 күн бұрын
Japan not improving with world pace because of older population with low low birth rate. SG will never achieve their cleanliness level because we keep importing 3rd world workers. When these workers finally integrated to our society, is time for them to retire back home, new younger and cheaper one come over replace them😂. Government should build bigger HDB if seriously want local to have kids. Now primary school are mainly new citizens kids,local born mother and kids become very rarely seen 😢😢😢.
@Godfather1921_melo5 күн бұрын
Disagree with you about primary school, my children ‘s class only 2 china new citizens kids, 3 or 4 Malaysian new citizens(total 31 children) , and they were born in here also , no difference with your local children to be honest. About Japan , partially agree only , not just the imported worker issue , bro you have to see deeper and with good knowledge and mindset , Japan cleanliness not just because they have lesser imported workers ? their older generation like age 60 to 85 is much much well educated or well behaved in terms of social behaviour and hygienic, i seldom see older people spit on the floor , but to be honest in Singapore , that is quite common, if you say those people spit they are imported worker , I am very sorry for you. Many drivers on the road horn each other road rager, are they imported workers? Japan smokers throw cigarette butt on the floor and step on it then pick it up to put into small bag , Local smokers throw cigarette butt on the floor step on it then just walk away, are they just imported workers? U sure bo? Of course , many imported worker need to improve on their behaviour I totally agree , I personally also dislike , sometimes also fed up , but about Japan you are totally wrong . Pls , u no money , blame on imported workers, u have money , also blame on those people , imported third world people you don’t like , one day if imported more ang mo ,what u gonnna do ?
@1965Singaporean5 күн бұрын
@ u write so long? Jin free hor lol.
@vydraf5 күн бұрын
I thought this will be somehow a funny short. Its... not 😅
@alanweeproperty5 күн бұрын
kzbin.info/www/bejne/mKqueZVmoqxkrpY
@alanweeproperty5 күн бұрын
Full video here...
@viralloger2676 күн бұрын
Why ur voice sound so scary
@alanweeproperty5 күн бұрын
This is an old video. I have since improved on my voice n speech....
@patrickwahle62809 күн бұрын
Another government scam. As long as foreigner does not have the same privileges as a local (less right to vote) stay away. Reciprocity should be the rule between countries. Western Europe or North America are to lenient towards foreigners investments.
@alanweeproperty9 күн бұрын
Scams are everywhere.... As a interesting shop that sell antiques has this verse: "some fools buy n some fools sell"
@jeffreyng12599 күн бұрын
RV is always the icon of SG property
@alanweeproperty9 күн бұрын
It's a beautiful place to stay esp those can tahan the higher cost of living in the city...
@tf-ok10 күн бұрын
Where is the full video, Alan?
@alanweeproperty9 күн бұрын
830am on SAT. 16 Nov.
@kennyfrancis688211 күн бұрын
Any office in Singapore bye bye lah, jb ptys are so much cheaper, set up office there better.
@alanweeproperty10 күн бұрын
Use home office even better! But all these asset classes are for those that do biz or those that want to park their funds other than resi.
@kennyfrancis688210 күн бұрын
@alanweeproperty Many businesses you need a proper office to be professional.
@kens48718 күн бұрын
What’s the purpose of this video aside to show all the statistic data ?
@alanweeproperty8 күн бұрын
@kens4871 this is to share with those that are keen to explore the office market. To give them an insight to its performance.
@Jojo-553312 күн бұрын
Will 3rd kind of buyer buy low quantum strata office? What about those that are suitable to rent out as resi? Got potential? Or too grey?
@alanweeproperty11 күн бұрын
Renting out as residential uses does not comply with URA guidelines. Pl seek legal advice on that.
@tanpingyi477112 күн бұрын
third type of buyer.. u know i know type?
@alanweeproperty12 күн бұрын
Not so straightforward kind....
@chinchowpowpook12 күн бұрын
Low capital profit,,but a decade of high rental , low mortgage or literally none..that’s huge passive income..is a no brainer for low budget buyers below 700k for private
@JeremyGan-x6p14 күн бұрын
Thank you for highlighting the Catholic areas. Appreciate it. 🙏🏻
@alanweeproperty14 күн бұрын
Welcome....this is a old video. I see myself. I want to laugh. Anyway. I always talk about religion places in my video. They are beautiful
@freddylim31015 күн бұрын
Good info bro👍
@alanweeproperty15 күн бұрын
Glad you liked it
@ngym20s16 күн бұрын
Can consider sleep in void deck as well
@alanweeproperty16 күн бұрын
Void deck is good for socializing!
@thepetpotrait382316 күн бұрын
If an elderly can afford a 1+1 private property which is same size as the 2 room hdb… but at a more prestigious district eg d15… shd he go for it?
@alanweeproperty16 күн бұрын
All boil down to what he wants. convenient, sense of familility, near clinic, etc?
@thepetpotrait382316 күн бұрын
@ yup actually he ard 44 n he sold his hdb with 49 years lease (can’t last him 95yo) left recently so he thought of getting a 1+1 private property as he cannot get a new bto … he can’t afford a private 2 bedder n above … he needs to top up ard 350k for the 1+1 which he is ok with it … any good advice for him? Thank you
@alanweeproperty15 күн бұрын
Depend on his financial status n preference. Got money. stay condo. money no enough. Buy back hdb.
@thepetpotrait382315 күн бұрын
@ it his plan can stay stay if not right side to hdb 2 rm and still can cash out
@xqluo616717 күн бұрын
all views will be blocked by tall build3
@alanweeproperty17 күн бұрын
It's everywhere...from The condos in Alexandra to lentors to east coast park that will have long island.
@skysoh862418 күн бұрын
Zzz
@christianwag301519 күн бұрын
The English ...jeez
@alanweeproperty18 күн бұрын
It's ok. As long as my content helps ppl to make informed decisions.
@SoltariTrooper19 күн бұрын
Can Eco Botanic be okay as property investment?
@alanweeproperty19 күн бұрын
Buy for own stay. U will enjoy it
@SoltariTrooper19 күн бұрын
@alanweeproperty thks
@peterlim-uf8bh19 күн бұрын
Alan ah.. buy a Jiko Bukken Property in Japan. Cheaper if you don't mind..hahaha
@alanweeproperty19 күн бұрын
Interesting....make sense too!
@1965Singaporean19 күн бұрын
Wah u went Osaka. Retirement at Biwako lake can consider. Just rent don’t buy😂. now compare to SG everything cheaper. In fact we go anywhere compared to SG , everywhere outside SG is cheap. 😅😅😅
@alanweeproperty19 күн бұрын
@@1965Singaporean Ya...very true. Everything and everywhere is cheap compared to SG. Starbuck latte in tourist area cost SG4...A japanese set meal cost SG10-15...as thou I go food republic.
@joelee126020 күн бұрын
For those who works in legal industry with state court and supreme court nearby. Fantastic view and with canning park around the corner.
@alanweeproperty19 күн бұрын
Agreed. This is a good mixed development by CDL. PCN is also nearby. Hawker is just across the road.
@joelee126020 күн бұрын
Very good location,near fort canning park.
@alanweeproperty19 күн бұрын
It's quiet but near the action.
@pyfirst21420 күн бұрын
Prof, please cover topics like cost of investment and the process of flipping a property in the land of rising sun. Also the outlook for 2025.
@alanweeproperty20 күн бұрын
Okie. Next year I go Tokyo 🗼 for u!
@SSooi20 күн бұрын
Opposite of Putra Marine. there is new project - Quaywest Residence ( completed on 2022). I think they provide the most duplex for condo (>50 units are duplex with sea facing. The occupancy wasn't too bad mostly traded about RM1.6 mio/ bare unit). Mostly bought by local. I agreed as a start, it is good to rent as a start and to get the taste. unless one is familiar with Penang and wanted a different vibes for retirement life. Thx.
@alanweeproperty20 күн бұрын
Yes. Rental will be good for a start until u can shortlist the one u want to buy.
@joelee126021 күн бұрын
Very good location.
@alanweeproperty21 күн бұрын
Yes. Location is superior. Esp for those that work in the city n nearby.
@vanl717822 күн бұрын
Above 16k income ceiling up to 18k also can appeal
@alanweeproperty21 күн бұрын
Can try. Never try. Never know...
@roamingalone522622 күн бұрын
Well said Alan especially you said Singaporean should not always say cheap cheap cheap while shop in JB. Locals are suffering.
@alanweeproperty22 күн бұрын
They should go Japan...it's also cheaper. SC can say cheap as loud as they want. Hahaha...
@wilson_h22 күн бұрын
Hi Alan, in your video example of 5room flat Lease buyback, you said after topping up RA from husband and wife, each of them will get $1100 per month? or is it each $550 per month? Please advise! Thank you.
@alanweeproperty22 күн бұрын
Sorry. I have forgotten the numbers. But a rule of thumb. If u fullfill FRS. In general, each person will receive $1k pm depending on ages, etc. good to check with hdb n cpf directly
@SridharSG9723 күн бұрын
Nice review with so many details. Comparing Altura & Novo which one you think would give more profit upon selling after 5 years? Location wise, Altura is little quiet compared to Novo & within 1 km of future ACS Primary.
@alanweeproperty23 күн бұрын
Both have their pros n cons. Altura entry psf is lower.
@SridharSG9722 күн бұрын
@ Yeah, thanks.
@workhardddd23 күн бұрын
What’s your view on geylang condos as investment?
@alanweeproperty23 күн бұрын
Depend on the end product itself.
@workhardddd19 күн бұрын
@@alanweeproperty 👎
@douglasang352723 күн бұрын
Singapore is just a small tiny Country ! 😅 20 mins Helicopter Ride can see the whole Country ! No really special location ! 😄
@GavinWongSG23 күн бұрын
Even in big countries/cities there are areas less than ten minutes drive that are substantially different in price! Look at big cities like NYC, London, Paris etc. Or even Hong Kong.
@paulyin893425 күн бұрын
Many great tips Allan for your generous feedback. Thumbs up to your channel.
@alanweeproperty25 күн бұрын
Thank you! I hope this can help some people make an informed decision.
@lifengzhang501126 күн бұрын
Ec is for super rich hdb owners, or young couple with rich parents.. starting from 1.3m, based on max loan of appx 1m, buyers need to come up with minimum 350k and upwards. (+ stamp duty). This is only for the smallest unit.
@alanweeproperty25 күн бұрын
Some are high income families that are prized out of hdb bto. It's no secret that much of the down payment is bored by the parents. Nothing wrong with the EC scheme. It's just that prices keep going up with land n construction cost. It's still a safe bet with rising pte prices.
@1965Singaporean25 күн бұрын
@lifengzhang5011 not true lah. Now even bus driver starting pay is 4k. I saw the advertisement somewhere not long ago.
@alanweeproperty25 күн бұрын
EC easily needs above $500k cash/Cpf on average. Not many will have such saving esp young couples.
@lifengzhang501125 күн бұрын
@@1965Singaporean what has 4k to do with buying an EC?
@1965Singaporean25 күн бұрын
@@lifengzhang5011 i am just telling u, just in case u don’t know that even bus drivers can make 4 k a month, so many young graduates are starting at 6 to 7k salary. No need to have rich parents to buy EC. Some starting pay is 8 and above. In SG as long u are capable u have the opportunity. Only loser like WP supporters always kpkb about policies or environment. Winner find way to win instead of kpkb.
@beny.573626 күн бұрын
More like EC is subsidized housing for those with rich father mother
@alanweeproperty26 күн бұрын
No doubt that is the hard truth. But at least bto are for the masses. Isn't that beautiful! 💗
@junjun90626 күн бұрын
my question is there is no 2 bedroom and 1 bedroom for this ec, yet only 50% carpark lots. is it doable? most likely will be like hdb, need to ballot for carpark lots. and AGM need to waive off vehicular clamps for those anyhow park
@gabrielchan442026 күн бұрын
50% carpark lot is not enough. I stayed in an EC before and there are 1 lot for each household. 70% to 80% are taken up. Most buy to stay for 5 years, this is gonna be very stressful for car owners if they can’t to find a lot.. if it is a ballot system, things will get heated up quickly. If is first come first serve, then u have to tell your friends that u need to go home early to secure carpark lot. Need to tahan this pain for 5 years.. 😢
@junjun90626 күн бұрын
@@gabrielchan4420is it possible to let those that dont have lots anyhow park, or reimburse them for hdb parking + $100 per mth for inconvenience of having to walk to hdb carpark
@alanweeproperty26 күн бұрын
Agreed. Most EC owners drives. So the take up rate is high. For investment condo. Can build just 50% lots. For eg. j gatway. B3 CP is closed. B2 Is only partially occupied at most.
@1965Singaporean26 күн бұрын
EC and HDB are gift from PAP. Sure huat! Please buy if u eligible. PAP next election slogan should be, you huat, I huat, every Singaporean huat ah!
@alanweeproperty26 күн бұрын
As long u don't do foolish thing. Else party over
@GavinWongSG26 күн бұрын
I think there are no guarantees Singapore real estate will go up forever with uncertainty in global markets. Can Singapore real estate pricing be truly decoupled from other real estate markets?
@alanweeproperty26 күн бұрын
Agreed. Who knows we are in the midst of something?
@peterlim-uf8bh26 күн бұрын
Condo maybe you very Unlucky, you buy.... you not make money, but still if you hold on to the future. Still can make money. But when you hear E + C = EC , this special formula of housing.. 100% sure HUAT AH... SURE MAKE MONEY... even you cover your eyes and ears, SURE MAKE MONEY. The Easiest way to make $$. Don't waste time on Lottery tickets or TOTO etc. Just borrow money or take a housing Loan or whatever you deem fit. Go and ballot and try your luck. Sure easier than striking TOTO. Do you know the ODD of Winning TOTO is 1 out of 14 Million. Haha.. Never say Bo Jio... HUAT Ah