99 Years New Landed Property - Are They Making Money Today?

[@chowzisiong7800]

Thanks for the clear and detailed enough video. You just got a new subscriber in me!

[@alanweeproperty]

Thanks for the sub!

[@kens4871]

Nice comparisons on 99years. How do you see Pollen collection? The prices are benchmarking Nim collections.Worth buying for home stay and looking at appreciation? Thanks 🙏 .

[@alanweeproperty]

Buy long term...afterall it's 99...

[@kens4871]

Yes, I wished to buy long term but FH out of budget Now too high.. wonder if pollen collection is worth buying

[@PPI317]

How about tranquilia at kismis? FH but strata landed, in 2018 $3-4m only but don't see any resale now

[@alanweeproperty]

I don't know leh. Never study....

[@christyhilton1919]

Of course, make money. All properties in SG make money so long you hold long.

[@telepathyh7343]

Should have compared the gains of other type of properties bought in that specific year. 2017/2018 prices are low not surprise they are gaining more despite being 99 years.

[@alanweeproperty]

I got think of it before. But it's just too much work and the video will get too lengthy...

[@exploringapis4495]

I think should show landed that have short lease left.

[@alanweeproperty]

too niche. not many eye balls. anyway, also limited transaction. hard to do.

[@weikitkhoong3406]

Please do a video on strata landed next!

[@alanweeproperty]

Very hard to do. Not many transaction...not homengous. Will explore one day.

[@GavinWongSG]

Some people appreciate the conformity of such developments, maybe sort of like the subdivisions that exist in the US. But in order to turn a profit there has to be some advantages to the leasehold landed compared to their FH counterparts in the area. Victoria park is really a very nice neighborhood and I think buyers appreciate that.

[@alanweeproperty]

Plus it's a safe neighborhood. You can just open your gate and without fear of crime. This is something the riches will cherish when they know their loves ones are safe.

[@GavinWongSG]

@@alanweeproperty Maybe less so for safety in Singapore- but I think neighbors who buy at the same time creates a sense of cohesiveness. You can still rebuild such 99 year proper landed if needed.

[@kiahweelee9994]

Can 99 years landed can go en bloc? What can developer do to that area and make money?

[@alanweeproperty]

Highly unlikely.

[@Liwei987]

The Covid period distorted the profit gain because most property if buy pre covid should be able to make money. But then if minus away the Covid one off gain, probably those 99L might not make money (look at those that sell before Covid) Only plus point I find for 99L, is lower price and huge floor size for living.

[@MrBluehorizonsugar]

agreed! same quantum, buy 2 condo, profit more than 700k over past 6 years is not hard.

[@MrBluehorizonsugar]

Wow, my comments got deleted? How come

[@alanweeproperty]

What did u write in the first place?

[@MrBluehorizonsugar]

nothing special. just saying same quantum, buying 2 condos over past few years, it is not too hard to have similiar amount of gain. @@alanweeproperty

[@alanweeproperty]

I doubt I delete any of your comment. Maybe u never hit enter…

[@MrBluehorizonsugar]

nvm, last try.@@alanweeproperty

[@MrBluehorizonsugar]

my original comments was "with same quantum, it is not too hard to make 600-700k if buying 2 condos instead of 99yr landed", 2 condos give better flexibility. of coz, if buying landed for a big family or lifestyle, it is a different story.

[@Yzdrd]

Bro better dont anyhow ask ppl buy. Wait lose $ they blame u

[@alanweeproperty]

i never ask ppl anyhow buy. i ask them buy, many never buy. but they secretly go n buy. lol

[@douglasang3527]

Singapore is a very tiny Country ! Landed Property , not practical ! 😂

[@alanweeproperty]

Ok lah. We still have GCB leh.

[@studying1512]

😂😂😂😂

[@GavinWongSG]

No lah landed properties still exist in prime areas in the West. See those townhouses in Europe or NYC? Or the proper landed houses only a short drive away?

[@PYYYYYY]

You from Malaysia ?

[@alanweeproperty]

u asking me? i am from SG @@PYYYYYY