For 1st time buyer , Is treasure trove a good project for future growth? Is the price now too high ? Thanks
@foolcj9999Күн бұрын
another property fartard useless agent. picking selecting data point and always saying property buy buy buy. what else in life are you worth and good for? please learn how to generate economic value instead of being a useless agent.
@KeepItRealEstateSGКүн бұрын
Today, I am going to share with you my point of view about the Feds reducing interest rates again! We will discuss the recent article that came out on the 20th of September as well as share some additional information on how the interest rates behave along with the economy. Lastly, what you should be doing as a buyer or seller in the Singapore property market. Link to SORA (Singapore Overnight Rate Average): www.mas.gov.sg/-/media/mas/so... Fixed rate vs floating rate in Singapore: tradingeconomics.com/united-s... TimeStamp: 0:00 Introduction 0:04 Brief rundown on article 0:50 Video sequence 1:05 TLDR version of the article 2:15 Infographic on how the interest rates will be till end of 2026 3:01 What happens to property prices at that point when its 2% 3:44 Additional information on how typically the interest rates behave along with the economy 4:44 Fixed Rate vs Floating Rate 5:44 List of Interest rates sorted from lowest to highest 5:59 What you should be doing as a buyer or seller 6:03 3 Golden Principles 6:17 Seller looking to downgrade from your existing property 6:43 Looking to upgrade from your current property? 7:03 Are you looking to buy? 7:20 Looking to enter the market? 7:57 First time buyers or someone looking to upgrade from Condo to Landed 8:14 Final remarks
@ghg61180Күн бұрын
First
@KeepItRealEstateSGКүн бұрын
🎉🎉
@Diderot683 күн бұрын
Irresponsible journalists with ill intentions.
@wenkangloh26624 күн бұрын
Dun buy landed is bad for yr knees when u hv to walk up and downstairs condo make more sense for people planning for retirement
@KeepItRealEstateSG4 күн бұрын
Actually can consider buying something with a lift, but usually the build is newer thus more ex
@TheBebemom6 күн бұрын
Hmm very confusing points through out the video. Maybe can explain why u upgrade landed in the next video
@KeepItRealEstateSG3 күн бұрын
Ok thanks for the feedback will discuss with team how to improve. Maybe can lmk which are the confusing points too. Ok sure will work on that for the landed part thanks for the suggestions!
@hengkweetan43607 күн бұрын
I have acted, now just watched the show down.
@KeepItRealEstateSGКүн бұрын
All the best! Congrats?
@joannetan7137 күн бұрын
When u say 20% reserves, do u mean 20% of the price of the property?
@KeepItRealEstateSG3 күн бұрын
20% of the capital you have :)
@iceme-vq4jj8 күн бұрын
This music is satanic and trash. It corrupts the mind pls choose better music next time ✝️🕊️🙏🏼❤️
@bechuang77568 күн бұрын
Keen to know which new launch price is close to sub sale
@KeepItRealEstateSG8 күн бұрын
Hilllhaven, Botany are some of them.
@bechuang77564 күн бұрын
@@KeepItRealEstateSG myst?
@JusticeS7908 күн бұрын
Most buyers bought at peak prices in 2023 for FOMO. In 2024, most buyers resisted to move forward due to anticipation of price falling and with greater sense of self awareness of a fair value. Some sellers who have yet profited in 2023, resisted to sell in anticipation of price going higher. Sellers without holding power had to liquidate it in 2024 for fearing of price falling, thus, there are some good deals out there if you deep dive hard enough, negotiate hard and you will get a good deal. Referencing mostly to resale units, not those TOP from new launch. Banks has already priced in the interest rate cuts. Thus, as of 2024, we are seeing an average of 2.8+-%. For those hoping for price to drop drastically, it may be hard as people are more savvy these days. Those with holding power will resist to sell if its way below their expected price unless they do not have the holding power. Bank has a high stress test over the last 1-2 years and TDSR for a reason. Only those highly overgeared individuals or couples while dumping most money for the initial downpayment thinking that their high income could sustain the monthly installments and without much buffer funds will be hit hardest when recession kicks in, probably 1-2 years down the road. A good buffer fund of at least 5 years will be recommended to withstand the volatility. Some will say 3 years due to SSD, but trust me, 5 years may be more ideal for peace of mind. I have seen how a friend of mine lost the value of his free hold investment property at CCR. As of today, the latest valuation has decreased by $500k. Buy within your means and what you can afford and have at least the ability to service for 5 years even if you are not working. Happy hunting for good properties. 😊
@choonhockong82158 күн бұрын
No concrete suggestions for buyers and sellers. It is more confusing for potential s buyers.
@junjun9068 күн бұрын
he is advising if your budget allows - then go for new launch to see a 20-25% growth in 3-5 years if budget more limited - then resale large floor plate either way, dont overstretch. keep some buffer. holding power is the key.
@steventay58348 күн бұрын
Now is not a good time to buy. Prices are very high and these were inflated by Covid and may not be sustainable. Developers also not bidding for some land. Enbloc activities also subdue.
@steventay58348 күн бұрын
@@junjun906What makes you so sure prices will appreciate by 20-25%? Market bull run last few years. Hence many make money. But there is a sign the bear market is approaching
@quanquan77088 күн бұрын
His advise is that Singapore private properties only go up over time, except crisis scenarios. Should adopt a BUY BUY BUY attitude, but only substantial research of the right property
@steventay58348 күн бұрын
@@quanquan7708 There is holding costs. And if this is your 2nd property, there is ABSD. And if you rent it out, there will be a vacant period, property tax, income tax, mcst fees, agent fees, etc.. And not forgetting the opportunity costs. Now is not a good time to buy
@KeepItRealEstateSG8 күн бұрын
Today, I am going to share with you my point of view about the Condo Resale volume surge in the month of July, how the condo resale market reacted historically using facts and figures and what you should do as a buyer or a seller. TimeStamp: 0:00 Introduction 0:18 Brief rundown on article 0:52 Video sequence 1:57 TLDR version of the article 2:15 Historically how the property market reacted using facts and figures 2:24 Drop in volume of Subsale transactions since 2019 3:11 Why are there lesser Subsale transaction? 3:50 Year by Year Volume of transactions between Jan 2014 - June 2024 4:48 In a context of buying a Executive Condo Resale 5:36 What I would do as a buyer or seller of a private property 5:39 3 Golden Principles 5:56 Tips for buyers 6:51 If you are buying for a 3-5 years investment 7:05 If you can only afford resale property 7:27 Tips for sellers 7:27 If you are selling to upgrade to the next property 7:42 If you are a seller without a plan 7:56 If you wish to speed up your growth in your wealth by buying the right asset 8:12 Final remarks
@saurabhchaturvedi390810 күн бұрын
Let me subscribe
@KeepItRealEstateSG3 күн бұрын
Thanks!
@ewokmoses590911 күн бұрын
What will happen to the current sports school LAND once they move to Kallang
@KeepItRealEstateSG10 күн бұрын
There are 5 primary schools within 1km and an American school nearby
@stacialexisify7 күн бұрын
@@KeepItRealEstateSGthen why you say your son no school to go?
@KeepItRealEstateSG6 күн бұрын
@@stacialexisify Thanks for asking :) cos I enrolled my son into a school near my current place already, so it’s just for my personal case as I said.
@viralloger2674 күн бұрын
I heard raffles primary moving there
@yongkuannn11 күн бұрын
I actually wonder. For Deferred Payment Scheme, will MSR still be factored in upon getting the loan after TOP? What if the MSR requirement failed due to the high interest?
@yongkuannn11 күн бұрын
Or maybe combined salary exceeds $16k once you apply for the loan?
@ocswoodlands13 күн бұрын
i am one of the guys who would like to thank CDL for pushing up the psf prices in woodlands 😂. i bought a woodlands condo recently at what i think is a 50% psf discount to Norwood launch price 😅. so i hope its defensive enough 😊
@KeepItRealEstateSG12 күн бұрын
Surely singapore properties are defensive enough, and yes OCR property prices have always been on the rise :)
@coins_investmentsg13 күн бұрын
buy just buy.....sg ppty sure go up one
@KeepItRealEstateSG13 күн бұрын
Thanks for the comment just wanna add please DYODD, not all properties are profitable
@neogwt13 күн бұрын
Take care bro. Thanks for the insights n sharing.
@KeepItRealEstateSG12 күн бұрын
Thanks bro!
@KeepItRealEstateSG14 күн бұрын
There is going to be a new launch near the East Coast area and also plenty of transformation around the area, like the new Changi Terminal 5. In today’s video, I’m going to share with you my thoughts on the new launch near East Coast area and why you should buy Meyer Blue from the investment stempoint. Feel free to download this Info Kit for your own reading: www.dropbox.com/scl/fi/1o7pwo... Do contact me if you are interested to know more about Meyer Blue! Timestamps 00:00 Introduction 00:52 Outline 01:12 Project Overview 02:03 Why I wouldn’t buy Meyer Blue 03:52 Expected Pricing & Floor Plan 05:37 Sitemap 07:08 2-Bedroom Floor Plan 07:19 3-Bedroom Floor Plan 07:48 4-Bedroom Floor Plan 08:27 3 reasons why you should be buying Meyer Blue 08:46 Proximity to MRT & Transformation in the East Coast area 09:20 Certainty of Exit 10:37 My final thoughts on this project 12:00 Final remarks/Who should buy
@Coolwater_TED16 күн бұрын
What u mean by moving to woodland ur son got no school? Woodlands got no school eh? U stay Bukit Timah doesn’t make ur son go to Acs or HW . Knn talk cock
@coins_investmentsg16 күн бұрын
well done, up and up....
@KeepItRealEstateSG16 күн бұрын
Choose wisely :)
@ddpow716 күн бұрын
Other then crazy price only crazy will proceed. The quality of the living residents and it's surrounded hdb is the critical considering. 😂😂😂
@KeepItRealEstateSG16 күн бұрын
Just curious when you say crazy what’s the basis of comparison?
@beedeebee17912 күн бұрын
I agree this is a crazy price, 2000psf has more options. Anyway, agents are out to make money. They don't take accountability for what they say, so do your due d. Just look at Sentosa Cove, the developer selling at huge discounts, whoever bought many years ago also listened to these so called property guru. 😅
@afempire17 күн бұрын
You can still get resale condo like Bellewoods and Forestville for $1200psf. Being $800psf more expensive, these resale projects have a bigger chance of appreciation after Norwood launch. Is it reasonable to expect these resale condos to fetch psf closer to Norwood in 3 years time? Probably $1800-$1900?
@T0419517 күн бұрын
Second this. I think getting to 1500-1600 is more likely.
@KeepItRealEstateSG16 күн бұрын
Okie not wrong to think that way but location, distance to mrt, quality and gfa calculation are different. They might be a chance however also need to consider the risk of entering 40% - 50% higher than your neighbor. That being said no right no wrong but currently other ec already are at $15xxpsf but not those in woodlands ave 10 area so unless really need immediate place to stay I’ll thunk there are other avail options too.
@kingseven196917 күн бұрын
How about competition from next door EC site along Dr 17?
@KeepItRealEstateSG17 күн бұрын
EC has a lot more limitations, like eligibility and MSR and MOP means holding period to be 8 years compared to condo at 3 years SSD. Moreover latest awarded Loyang EC plot will likely be launched above $1600psf based on 20% profit. I wouldn’t think that woodlands ec will be cheaper than that, nor a strong contender. Not saying I’m right just IMHO.
@alexchew799416 күн бұрын
Like ur opinions, very practical and not overly optimistic.
@KeepItRealEstateSG16 күн бұрын
@@alexchew7994 thanks for the encouraging remarks :)
@KeepItRealEstateSG17 күн бұрын
It’s been 13 years since the new launch in the North, Woodlands! There’s going to be a lot of transformation in Woodlands, like the future RTS (Rapid Transit System) to JB (Johor Bahru). In today’s video, I’m going to share with you my personal opinion on this entire Norwood Grand project, and some reasons why you can look into buying Norwood Grand. As promised in the video, here’s the e-book link: mc.propnex.net/api/mt/pdf/n/M... Feel free to contact me if you are interested in knowing more about Norwood Grand! Timestamps 00:00 Introduction 00:07 Why there isn’t video released last week 01:09 Outline 01:34 Project Overview 02:12 Why I wouldn’t buy Norwood Grand 02:38 Woodlands not the most IDEAL location for me to stay 02:55 Unsure of launch price yet 03:11 Limited pool views 03:32 Mall is not near enough for me 03:54 High density estate 04:13 The expected pricing 05:52 5 reasons why you should be buying Norwood Grand 06:15 Woodlands Transformation 07:20 Developer Track Record 07:40 Pent Up Demand 08:05 Proximity to MRT 08:29 GFA Harmonisation 08:59 My final thoughts on this project 12:12 Final remarks/Who should buy
@Buttercookiesssss22 күн бұрын
You should compare MOP for EC and Private both in same area. It's not that much difference actually
@cryptot853129 күн бұрын
Singapore Property Agent's "macro-economic analysis" = property market up and up forever. Huat and up and up. 2% commission is worth it.
@KeepItRealEstateSG29 күн бұрын
Based on personal experience and market data, temporary correction occurs every few years but marginal and shortliven, didn’t say forever ups but yeah to each, his own 😎
@lauratan767429 күн бұрын
How about barricade the house perimeter with barbed wire? Like those protected places
@KeepItRealEstateSG29 күн бұрын
Wait will look like high security prison?
@KeepItRealEstateSG29 күн бұрын
Today, I am going to share with you my point of view about this article mentioning about the HDB Loan Limit being reduced from 80% to 75% and how this is done in efforts to cool the resale market. I will be sharing my point of view about it as well as what you should be doing as a buyer or a seller of a HDB property. TimeStamp: 0:00 Introduction 0:04 Brief rundown of article 0:31 Video Sequence 1:01 TLDR version of the article 1:17 Enhance CPF Housing Grant 1:28 Loan to Value (LTV) 1:33 My POV on the cooling measures 1:52 Historically what history has taught us in similar occurrences using facts and figures 1:57 Q4 2021 Government reduced LTV 2:10 Q3 2022 Government reduced LTV 2:31 So what has history taught us? 2:57 What you should be doing as a buyer or seller 3:01 3 Golden Principles 3:15 What you should be doing as a buyer? 4:00 Things to remember as a buyer 4:12 What you should do as a seller? 4:21 Looking back since 2013 4:59 Disparity between Condo and HDB 5:12 Should you upgrade to a Private Property? 5:54 Analyzing the Resale Market 6:37 Upcoming New Launch Properties 6:43 Final remarks
@steventay5834Ай бұрын
Property has holding costs. And not all properties made a decent profits. Some lose money too.
@KeepItRealEstateSGАй бұрын
Yup fraction of them lose money that’s true that’s why not all properties can buy.
@steventay5834Ай бұрын
Less than 30 made $1m
@KeepItRealEstateSGАй бұрын
Since? Sorry cos i am pretty sure there are much more :) But well its normal for anyone to cherry pick data, thanks for your comment anyways!
@KeepItRealEstateSGАй бұрын
My bad, i misread the comment.
@steventay5834Ай бұрын
Wrong!! Only top 20% of the 7000 agents lah. About 1000 agents earn more than $150000 p.a.
@KeepItRealEstateSGАй бұрын
You’ be surprised :)
@steventay5834Ай бұрын
@@KeepItRealEstateSG Surprised? In reality, not many know exactly how much agents earned. My answer is just a guess (based on info provided by my close friends, who are agents). And I honestly believe agents don't really earn a lot of money lah.
@steventay5834Ай бұрын
Dont buy new launch lah!!
@KeepItRealEstateSGАй бұрын
Sure, more for us hahaha jk
@ChunkyROXАй бұрын
so clickbait?
@KeepItRealEstateSGАй бұрын
@@ChunkyROX if you invest the time to finish watching you’ll uds :)
@nglaura9343Ай бұрын
Would appreciate it if you talk slower. Thanks
@KeepItRealEstateSGАй бұрын
So sorry, but maybe you can also try doing x0.75
@SgPatroitismАй бұрын
Is it a requirement of agents always beating around the bush? Did u meant the 2024 lauches aren't popular so thats why drop 60%? I couldnt finish the whole video.
@KeepItRealEstateSGАй бұрын
Thanks for the dig haha, but nope there were 3-4 times more new launches in July in the past years therefore this year with less than 800 the numbers turned out badly. Cheers and thanks for watching
@alicechong-n2sАй бұрын
You said you will talk about lake garden at the end of the video.. Didn't hear anything of it.
@SKRoy-bs8vcАй бұрын
Wat about freehold
@KeepItRealEstateSG15 күн бұрын
Have just uploaded a review of an upcoming freehold launch, you may wanna check out my opinions
@SKRoy-bs8vcАй бұрын
Foreigner coming buy properties no stamp duty is it
@KeepItRealEstateSGАй бұрын
@@SKRoy-bs8vc 😲
@violinbiteАй бұрын
I had my FH condo bought and paid. Rented. No more seeking local SG property, prices are beyond reach. Planning to rest and retire in JB. Bought a condo in JB for only 1/10 of the price here. It's a plain no brainer
@KeepItRealEstateSGАй бұрын
It might work out differently those who have school going kids or are planning to have a family, so it’s kinda unfair to use the word no Brainer cos everyone’s situation is different. But yeah thanks for sharing and congrats on finding a place you love more than in singapore! 🌈🌈🌈
@violinbiteАй бұрын
@KeepItRealEstateSG True. Currently I am still working in SG and stay with parents in their place; rented my JB house under Airbnb, enjoying 2 rentals and work income, investing in stocks. Ploughing an additional option for retirement. But one must agree (except those ultra rich) the Era of having two properties in SG from scratch is gone, and the sad story is new project are mostly 99 years, that adds no significant value when it gets way much older. 1/10 price on condo in JB that is FH is really explains true affordability. I can't argue 1.5mil condo and 150k condo.
@FT-od4xvАй бұрын
@@KeepItRealEstateSG fair statement, many said sell SG hdb n retire in JB. How long can we stay there, if kena kick back stay where? If suddenly fall sick also cannot come for treatment.
@violinbiteАй бұрын
@FT-od4xv Oh. Frankly, those who have a fully paid HDB, need not to sell. They can rent out entire unit, I believe one can get at least 3k sgd. They can just rent (if can't afford to buy) a full unit condo in JB under 2.5k RM. Liveable for sure.
@KeepItRealEstateSGАй бұрын
@@violinbite a retiree or a couple without kids maybe still ok, but lost with school going kids won’t fit this option, just my POV.
@killiandashАй бұрын
Hi, a question, Marcus. Norwood if launch price at 2000psf, still got demand from buyers next time?
@junjun906Ай бұрын
When causeway point launch at 2600psf next time, Norwood will be beri cheap
@steventay5834Ай бұрын
killiandash Best don't buy.. limited upside liao
@KeepItRealEstateSGАй бұрын
If you ask me yes $2000psf is lower than the average ocr new launches and Norwood is the only one near mrt and in the heartlands. Stay tuned for my project review, will do it once i recover from my tonsillitis.
@killiandashАй бұрын
thanks, speedy recovery
@Diderot683 күн бұрын
Buy River Valley area guys. A lot of freehold bargains there.
@dancingnachos3634Ай бұрын
Well your title was also a clickbait
@KeepItRealEstateSGАй бұрын
As the saying goes “if you can’t beat them join them” jkjk
@dancingnachos3634Ай бұрын
@KeepItRealEstateSG well at least your sense of humour is intact
@KeepItRealEstateSGАй бұрын
Today, I am going to share with you my point of view about this article mentioning the drop in new private homes in the month of July. I will be delving in further and providing you with some of my thoughts as well as what you should be doing as a buyer or a seller of private homes in Singapore. If you wish to know more about Norwood Grand in Woodlands, feel free to drop me a message or contact me via my socials! TimeStamp: 0:00 Introduction 0:03 Brief rundown of article 1:12 Video Sequence 1:36 Information about Norwood Grand Launch 2:02 TDLR version of this article 2:48 What happened in July 2023? 3:24 Projects during July 2023 3:45 Comparing number of unit in July 2024 to 2023 5:34 Historically what this means for the property market and what history has taught us 5:49 Analysing July Transactions since 2013 6:27 Foreign and Singaporean Buyers ABSB 7:06 Volume of Transactions in July 2013-2024 7:42 What is TDSR 7:51 Comparing Transactions in July 2014 to July 2024 8:52 Volume of Transactions in Q2 2024 to Q2 2023 9:42 Do I think Q3 be a better quarter? 9:49 Upcoming list of new launches developments in Q4 2024 10:14 Volume of transactions Q1 2015 and Q4 2022 10:31 Comparing drop in Q1 2015 - Q3 2015 to Q4 2022 - present 10:46 What you should do as a buyer or seller of a landed property 10:50 3 Golden Principles 11:04 If you are a seller 11:32 Analysing the longer term chart 1995 Q1 to 2024 Q2 13:04 If you are a buyer 13:15 Price Stabilization before increase 2019-2022 13:34 Price stabilization before increase, starting? 13:55 Property Life Cycle
@PosPsycho88Ай бұрын
Oh....1st to.watch this vlog 😂😂
@KeepItRealEstateSGАй бұрын
Thanks for the support!
@benng7306Ай бұрын
The FH property u bought recently is condo or landed?
@KeepItRealEstateSGАй бұрын
Landed
@benng7306Ай бұрын
@@KeepItRealEstateSG it’s a no brainer to buy FH for landed. But Your video is a little misleading, I thought your FH is referring to a condo.
@ttlumrealАй бұрын
No wonder recently so jacked thanks to the steroids 💉😎🤣
@KeepItRealEstateSGАй бұрын
Jacked meaning? Hahaha
@ttlumrealАй бұрын
@@KeepItRealEstateSG 💪💪😂
@moonl2400Ай бұрын
I am in my 50s and plan to retire next year. Considering my final property play after selling my two condos. With $4 mil equity, cash and CPF what do you recommend as my next property without loan if I want to generate a passive income of $5k per math. I need min of 3 bedrooms for myself and my adult children. Would you recommend landed?
@KeepItRealEstateSGАй бұрын
This will depend on your monthly living cost required. If you ask me landed might be the idea plan as it’ll wipe out most of your available equity (assuming $4m is after selling your two condos) How many names do you? Cos if you sell away two of your condos to buy another two using the same name you will be subject to ABSD which won’t make sense IMHO. For two condos tbh you just need to rent out one of them which is fully paid, and $5k for a $2m property is quite achievable in today’s context.
@KeepItRealEstateSGАй бұрын
Today, I am going to share with you my point of view about this article mentioning the rise in landed home transaction value in Q2 and what you should be doing as a buyer or a seller of a landed property. TimeStamp: 0:00 Introduction 1:10 Video Sequence 1:28 TDLR version of this article 2:44 Overall what I think of the article and what it means 3:25 Historically what this means for the property market and what is my POV 3:27 Looking at past transactions of the last 20 years 4:11 What happened in 2012 after the cooling measures 4:16 Situation back then when there wasn't any TDSR and ABSD 5:03 Quarterly numbers after 2013-2014 onwards 5:36 Q2 2016 - Q3 2016 5:49 Q1 2017 - Q2 2017 6:06 Q1 2019 - Q2 2019 6:29 Number of transaction over the last 5 years 6:38 Volume 2019 6:42 Volume 2020 6:44 Volume 2021 6:47 Volume 2022 6:49 Volume 2023 6:52 Average of the 5 years and divide by 4 quarters 7:00 Comparing the average quarterly now at in recent years 7:30 Why the number of landed transactions increased alot 7:39 2021-2023 transactions 8:27 POV of most landed property sellers 10:24 What you should do as a buyer or seller of a landed property 10:29 If you are a seller 11:50 If you are a buyer 11:52 3 Golden Principle