Are 99-year landed homes worth investing in?

[@notgpodcast]

Experience luxury living at Pollen Collection! Explore the showflat in-person with a PLB Consultant or contact us directly at 6232 6719. Project IC : Jeremy Yong @ wa.me/6597450288 Schedule your visit here: www.propertylimbrothers.com/bsel-pollen-collection/

[@vikneshvaran]

Great analysis. How does this compare with luxus hill. Similar concept as pollen but it is 999. And same developer. Based on last transacted the FH or 999 premium is +-15% for a similar size. How should one think about the two? Thanks!

[@abusdriv3r]

of course go for FH/999 years. 20 years down the road u will kick yourself for buying the 99 year old landed. 20+ years ago.. the 99 year old landed is cheaper maybe by 10-20% compared to the freehold in a similar area. now the resale price is 2m+ vs 4m+ respectively.

[@1verybadass]

There's something called TDSR... so you cannot compare $$psf of a $2.4M property to a brand new house $3.7M... there's a $1.3M gap × 4% bank interest to service!!

[@abcxyz1242]

Very good analysis. 👍👍

[@notgpodcast]

thank you! glad to know that you enjoyed our content

[@hgft274]

Got to take the renovation cost estimates with a pinch of salt. I know of people who move into Cat 2 inter Terraces with under 200k in full gut reno - sufficient to refresh the place into almost brand new. End of the day, best to consult your architect or ID for a realistic assessment.

[@andrewtay820]

it's really the quality and finishing you are after. There are people who bought luxury car using china tyre as well

[@lishr4536]

how do you bring up the price back to 99? do you use the Bala's curve to calculate it back or do you do a simple divide by no of years of lease left * 99? It seems like you did the second option which shouldn't be the case because its not a linear decline

[@notgpodcast]

Hi @lishr4536 Thank you for watching our content!😊 Regarding your question. Yes, we did a simple lease reset method to try to bring the denominator back to the same as best as we can to achieve a fairer comparison. You are right as well that it’s not a linear decline, that would be an entire different more complicated calculation altogether but for simplicity sake pertaining to this case, we did a lease reset by dividing the number of years of lease * 99. Hope this clarifies your question, do let us know if you have any other queries! Cheers!

[@christyhilton1919]

Cluster Housing have much more rental yields than landed. I'm getting 5.5% in prime district. Will never sell. Why do i need to buy over 5 M and sit on my money doing nothing. Some people are struggling to pay the larger loan.

[@danielng4831]

It is pronounced as "boo tic" not "bo tic". Use simple words. Don't try too hard to sound sophisticated. Say "in total", not in "in totality".

[@notgpodcast]

is it 'ee-kay-uh' or 'i-kay-uh' for you?

[@danielng4831]

@@notgpodcast sorry, don't understand your question. What is the original word? By the way the word I was referring to previously is "boutique". Don't get me wrong. I hope I don't come across as nitpicking. There is a lot of useful knowledge you are sharing. Appreciate your sharing. But thr truth is, I can't help it but to be distracted from listening because of some of Melvin's choice of words or pronunciation. Just my honest feedback. But please continue sharing your knowledge 👍