CCS? He goes there to run to SIT for breakfast maybe 🤔
@jsohyp8 сағат бұрын
bro do you really talk like that in real life lol
@alanweeproperty5 сағат бұрын
Nope lah. I see script. So 🚗 a little jerky...
@JaWs73812 сағат бұрын
if less than 100k of course can buy. The q now is to go for as big as possible. So that u can partition them and rent out.
@alanweeproperty9 сағат бұрын
I wouldn't go with the flow. Financial Prudence.
@steventay583413 сағат бұрын
(1)(2)(3) & (5) can buy.
@sun4156617 сағат бұрын
All these KZbinrs promoting WRONG INFORMATION EC PREVIOUSLY MADE MONEY BECAUSE CONDOS WERE VERY PRICEY NOW IF EC AND CONDO SAME PRICE EC WON'T MAKE MONEY ALSO THIS IS ABOUT FIRST BUYER THE SECOND EC buyer LOSES THE MOST WHEN MARKET DOWN TURN ESPECIALLY NOW WITH SO MUCH HIKE IN RESALE PRICES DON'T THINK THAT U MAKE MONEY ONCE IF YOU BUY RESALE IN PUNGGOL 😂
@alanweeproperty9 сағат бұрын
Hold long term. EC u wouldn't go wrong.
@fanlie1576Күн бұрын
Anyone who wish buying a condo to rent out, please keep in mind the following expenses: 1/ Monthly interest on your mortgage, 2/ Monthly condo maintenance fees, 3/ Annual property tax (IRAS), 4/ Additional Annual income tax (IRAS) on rental income, 5/ Landlord responsibilities: As a good landlord, be prepared for additional costs related to repairs or replacements as per the tenancy agreement. 6/ Think again for other potential expenses (based on your situation). Many people overlook or are unaware of these expenses in detail. Compare all these expenses with your rental income and potential capital appreciation of your desired condo to make an informed decision. And finally, ensure you forecast your cash flow for at least 6 months ahead-the longer, the better.
@alanweeproperty23 сағат бұрын
Thanks for sharing. Yes. All about eat into 25% approx of rental income. Yes. Market really soft with overflow supply. Those cannot hold will do reverse FIRE 🔥.
@fanlie157620 сағат бұрын
@@alanweeproperty Thanks Alan.👍The cost can be more than that and I will not be surprise if can be up to 60%, as the monthly mortgage interest can be quite high now. 😀In my personal opinion, mortgage interest should be considered in the calculations. However, the capital appreciation of the property can help offset these costs. Cheers!
@alanweeproperty17 сағат бұрын
yes. some calculate only the interest as expenses. also have to factor in vacancy period. i think for some condos. easily 2-3 months vacant period.
@fanlie157617 сағат бұрын
@@alanweeproperty Agreed 👍
@chaz4609Күн бұрын
Jai Hind. To be safe, just don't buy where the foreigns buyers are prevalent. Can't go wrong if buying into condos where common dual income local folks can comfortably service their housing loans.
@alanweepropertyКүн бұрын
U getting smarter....
@Lish-mk4jkКүн бұрын
wow, very glad you shared this video.. is it a HDB Masionette?
@alanweepropertyКүн бұрын
It's a private property
@douglasang3527Күн бұрын
If PR and New Citizens are buying , Singaporeans need to worry ! Singapore is just a tiny small Country ! 😅
@peterlim-uf8bhКүн бұрын
Easiest way to earn $ in Singapore is to buy Property. Most make $.. Just make more or less only. Close both eyes can also laugh to the bank. We are not like the China and HK Property. Those already gone case liao lor if you buy these few years. Our Local Market Properties is easy to make money. Our land so scare so limited. Our land is a huge magnet for Crazy Rich Asean people and Global Rich people to come n buy. HUAT AH!!!!
@alanweepropertyКүн бұрын
Yet still got ppl lose money. 😴
@peterlim-uf8bhКүн бұрын
@@alanweeproperty If you notice those that lost money are those super rich one.. buy those leasehold near central location one at recent decade. Don't go for those lar... follow the mass market buyers.. HUAT AH
@vijayarun6316Күн бұрын
You grand parents born SG too
@alanweepropertyКүн бұрын
Yes they are.
@xfall86Күн бұрын
EC sure max huat
@user-ph7dl6jn8uКүн бұрын
Will there be still be high value if hold current HPR till 10 years instead of selling at 5 years MOP? The next upside will be the mrt which is only ready in 2030
@alanweepropertyКүн бұрын
What is HPR? High park?
@user-ph7dl6jn8uКүн бұрын
@@alanweeproperty hundred palms, 4bdr
@billtay2839Күн бұрын
Is there a new EC launching in Tampines soon?
@alanweepropertyКүн бұрын
Yes. I will do a video on that for sure. Likely next year launch.
@1965SingaporeanКүн бұрын
You title is very well phrased. All huat, just who huat more😂😂😂
@alanweepropertyКүн бұрын
Local singlish with a twist.
@liamporter1137Күн бұрын
Thumb up for sharing.
@alanweepropertyКүн бұрын
Thank you! Cheers!
@gabrielchan4420Күн бұрын
EC 5 year MOP only start after development TOP. Sure gain but buyer need to hold 7 to 8 years. Condo SSD only 3 years inclusive construction time.
@alanweepropertyКүн бұрын
Yes. EC about 9-10 years timeline.
@sferrelinКүн бұрын
Will avoid NE region due to super noisy aircrafts flying around all the time
@alanweepropertyКүн бұрын
Cannot....like that u only can buy sentosa and CBD area....or bukit timah... West got TAB East got CAB North got SAB NE got PLAB
@CT-xy6orКүн бұрын
@@alanweeproperty North side SAB still ok, not fighter jets
@tf-okКүн бұрын
Come 2030, six more years!
@alanweepropertyКүн бұрын
@@tf-ok but the time they let the land settle. planning, ding tong...another 20 years gone.... i don't want to bet on that. anyway. plot ratio will not go up for most private land. i have shared before.
@tf-okКүн бұрын
@@alanweeproperty nevermind, at least no more planes for the time being 🤑🤑
@shahinromeo3421Күн бұрын
Hello Dear, I hope you are well. I watched your channel video. Your video is excellent but your Video optimization is very poor. Found some problems with your channel below? 1. SEO Score 19.5/100 2. No title - description - tags are SEO friendly 3. No video Rank tags 4. Fewer Views 5. No Channel Tags 6. No Topics 7.No sharing on social media platforms and many problems with your KZbin channel. It would help if you had SEO for your KZbin channel immediately I am waiting for your response. Thank you.
@alanweepropertyКүн бұрын
It's ok....most impt is content. The rest are secondary
@ZAINUDIN-lo8vs2 күн бұрын
i moved to block 20 balam (macpherson) 21st april 2024, when will this area get en bloc?
@alanweepropertyКүн бұрын
U have to ask MP tin peh ling
@ZAINUDIN-lo8vsКүн бұрын
@@alanweeproperty i ask politely and this is your reply? if you don't know just say so no need to be sarcastic
@alanweeproperty23 сағат бұрын
@@ZAINUDIN-lo8vs I have no intention to reply u rudely. If any I apologies. But I really don't know. Now got VERS. In another 10 years it will start. However. I just check for u. Your stand a 50/50 chance. That is why hopefully u will meet your MP soon...
@steventay58342 күн бұрын
FH is better lah
@steventay58342 күн бұрын
Good lah. Soon it will drop to 0.5
@steventay58342 күн бұрын
BTO is best
@steventay58343 күн бұрын
Rental still need agents lah.
@alanweeproperty2 күн бұрын
Not only that...the success ppl leverage on others. They don't do the dirty work. They spend money to save time. The reserve happens to the other group. They spend time to save money. Go think about it.
@steventay58343 күн бұрын
ERA and Propnex agents. Good lah. They will drive Grab lor
@alanweeproperty2 күн бұрын
As long we pivot n play the new game with the new rules. We will still survive. It's the same for all other industries which also include yours. 😆 Sorry next decade will be grab driverless. Also no lobang soon.
@steventay58343 күн бұрын
Real estate agent will be MP lor. $192000 p.a.
@alanweeproperty2 күн бұрын
Mp is a full time job. It's no joke. Weekend from morning to night. Never attend to emergency. Kena. Hard to please Singaporean. This kind of money hard to earn.
@steventay58342 күн бұрын
@@alanweeproperty MP full time job? I hardly see my MP. My classmate was an MP. He told his mum, nothing much to do lah.
@alantan793 күн бұрын
Please do a review on the upcoming condo Norwood Grand
@alanweeproperty3 күн бұрын
Will. Pending floor plans only...
@psylak-py9qv3 күн бұрын
mechanised car park for residences is a NO-NO. Even if it is super reliable, it's just so inconvenient. Forgot to take the tub of ice cream from the boot after parking? Good luck to you lol
@steventay58343 күн бұрын
Bye bye
@georgequek79964 күн бұрын
What's wrong with micky mouse house and I like it man?🤔
@alanweeproperty4 күн бұрын
Nothing wrong. As long as u enjoy staying in it.
@kennyfrancis68824 күн бұрын
Danga Bay huat ah!!!
@steventay58344 күн бұрын
They are required to register their address with MOM
@steventay58344 күн бұрын
Why you rent to them? Soft spot? I think the higher rent lah. Forfeit deposit lor. No choice.
@JSLRealtor-c9w4 күн бұрын
Good video. Thanks for sharing your experience.
@barcaewok72294 күн бұрын
There r some good layout one eg silverscape lor 32. 700k for 1 bedder FH Near 3 mrt. Cheaper than woodlands 99yr 1 bedder. Jus sharing. Not all Mickey mouse are lousy layout
@alanweeproperty4 күн бұрын
Ok. Noted. Yes. Agree. Not all are lousy. Depend on projects too.
@GavinWongSG5 күн бұрын
Are there any larger full facility developments that have small average unit size?
@alanweeproperty5 күн бұрын
Yes. Plenty around. Since a decade ago. That is why u see more units - 700-800 units on a GLS site. Back then only 400-500 units. Developers love building them. Investors 💕 flipping them. There u go.
@GavinWongSG5 күн бұрын
@@alanweeproperty Meaning those that are really small 5xx sqft for two bed and 3xx one bed? Seems like most new condo 1 or 2 are 4xx or 6xx sqft.
@alanweeproperty5 күн бұрын
The new harmonization thing will change that...
@GavinWongSG5 күн бұрын
@@alanweeproperty True but how much has the internal space actually changed?
@cloud9sg5 күн бұрын
Budget constrained HDB buyers start with 2rm bto. Budget constrained private buyers (not eligible for bto or HDB resale) also need to start somewhere. No need to bash any particular type of housing. Well u could have picked Alexis, queen of shoebox 12 OCT 2023 356 Alexandra Road #05-XX 635 2 1,748 420,000 1,086 3 MAR 2009 5,336 3.3 420K profit - so it's nothing to do with the type but rather which project
@alanweeproperty5 күн бұрын
I only analysis it's performance...no hard feeling
@LXZJ5 күн бұрын
Get your spelling right 😅
@alanweeproperty5 күн бұрын
Ya. Now then I realise...maybe that's why it's not my type since my childhood.
@kennyfrancis68825 күн бұрын
must state what you mean by Mickey mouse, anything below 500, 600, 700 or 800sqft? Compared to last time, even 600sqft considered small liao
@alanweeproperty5 күн бұрын
development that comprises mainly smaller units. No real definition on it. Its market term.
@kennyfrancis68825 күн бұрын
@@alanweeproperty You mean a 1000sqft in a development with many Mickey mouse units is also Mickey mouse?
@alanweeproperty5 күн бұрын
@@kennyfrancis6882 Up to u to define it...
@kennyfrancis68825 күн бұрын
@@alanweeproperty It is an interesting topic for discussion. I remember a time when Mickey mouse unit was defined as anything smaller than 500sft in livable space. However, i feel that a one bedroom or studio that is 500sqft is not claustrophobic, but a 2 or 3 bedroom unit crammed in a 500 or 600sqft space is really small.
@alanweeproperty5 күн бұрын
There are indeed some who can make good with such space...no right or wrong.
@peterng38865 күн бұрын
Very humorous way to present it, i am always following your channel, many years in this line has definitely hone your soft skill to a impeccable level😊
@alanweeproperty5 күн бұрын
So nice of you
@justineesun33965 күн бұрын
Nice...is better return on HDB but then hor, the then Minister one name LW say hor, HDB have depreciation value lei...how ar?
@alanweeproperty5 күн бұрын
Becos he no longer hold that portfolio liao. So now it went up! 😁
@thepetpotrait38235 күн бұрын
What do you think of siglap v? Unit size around 517sqft… new siglap mrt ard 10 min walk
@alanweeproperty5 күн бұрын
I am not a big fan of Micky 🐭 development. But it appeal to those that want to stay in a particular area.
@thepetpotrait38235 күн бұрын
@@alanweeproperty it is 1+1 study … n the study can even house a queen size n it has jack n Jill restroom… wld u recommend?
@alanweeproperty5 күн бұрын
I have no comment on it. As long it fits your lifestyle n needs.
@liamporter11375 күн бұрын
We used to pity people living in small spaces in Hong Kong. Now, others pity Singaporeans living in small spaces.
@alanweeproperty5 күн бұрын
I wish we had more space!
@steventay58345 күн бұрын
Bye bye lah
@tanpeng28845 күн бұрын
If you have such units and plan to sell them. Please don't find me. This is such a classic! Wish more agents are more candid
@sferrelin5 күн бұрын
2 bedder at stellar rv with 538sqf is a joke. Private condos launched in 2009 / 2010 generally performed better than those launched in 2007 / 2008
@manofthehour_5 күн бұрын
Visitors in the night 😊
@alanweeproperty5 күн бұрын
Yes. High end condos usually have high end visitors. lol
@ngyewhien27586 күн бұрын
Looks like Queenstown and Redhill condo doesn’t perform very well relative to the top few condos.
@alanweeproperty6 күн бұрын
May have some changes....since this video was done sometime ago.
@cheec85486 күн бұрын
Likely most of these developments are own and sold by high flyers expats or companies so they sometimes do not get too bothered by the losses.. when they want to go back they just sell..
@alanweeproperty6 күн бұрын
U be surprised many are owned by local. Not foreigners.
@cheec85486 күн бұрын
@@alanweeproperty yes but such development have more foreigners. Then even when locals sell, the foreigners becomes the black sheep that pulls down the price.
@steventay58347 күн бұрын
Buy HDB BTO lah. If you want to buy condo, buy at least a 2 bedder around 800 sqft. $2m you will be in deep trouble if you lose your job