Cheapest New Launch of 2023? My Unbiased Botany Condo Review | Eric Chiew Review

The Botany condo new launch with 386 units in Dairy Farm.
I will be sharing my views for all the questions that you have in mind like:
Is The Botany condo a good buy or good bye?
Will you make money in 3 years if you invest in this project?
Is the launch price good or disgusting?
Is this condo good for own stay or investment?
Is the area oversupply?
Are there any good schools within 1km?
Any other properties to consider in this area?
Do you like this project? Yes or No? Why?
I would love to hear from you by commenting below!
🔥 Upcoming property webinar "What are the TOP 3 new launch in 2023!" 🥳
📌 bit.ly/savvyrich3
🎬 Register now!

[@savvyericchiew]

🔥 Upcoming property webinar "What are the TOP 3 new launch in 2023!" 🥳 📌 bit.ly/savvyrich3 🎬 Register now!

[@wilsonl2319]

Wah Eric, damn accurate, news just released, 48% Can predict 4D also? So all become Huat kueh Haha

[@savvyericchiew]

@@wilsonl2319 my wife more accurate 😆

[@sunnysun6358]

Thank you for the insightful review as always :)

[@savvyericchiew]

🙏🏼🙏🏼

[@vincentjoseph9063]

Hi Eric, I saw some of your videos. Nice of you to show some information about PSF, GLP, CPF Calculations etc. There is a factor which is not included in your presentation . I am new to Properties Research. I must say, I learnt some information from you. Please advise us the Potential Property Owner or New Owner, on how to pay off the Maintenance Fees from a Condo? I read some unpleasant stories concerning the Condo Maintenance Fee, experienced by New Owners via Internet Appreciate your comments on this matter.

[@savvyericchiew]

Every condo owner pays MCST, it’s around $350-$400 depends on the size. Hope this helps 👍 Negative news for the recent Dairy Farm project is very rare so don’t be discouraged by it 👍

[@geraldine555]

Hi Eric! Thanks for your detailed review! Almost bought this earlier for investment this morning! 😅Heng got watch your review first!

[@savvyericchiew]

Got good ballot number?

[@geraldine555]

@@savvyericchiewMy ballot number wasn’t very good 😏 The crowd and queue were crazy and by 1pm, a lot of the 1 and 2 bedders were gone already.

[@savvyericchiew]

@@geraldine555 I think should be 50% sold today

[@holysmokes123]

What does it mean when most of the 1&2 bedders were sold out but most of the 3/4/5 still available after launch weekend? Also if have limited budget, other projects in the year seem much more expensive. Love to hear your thoughts? thx!

[@savvyericchiew]

They like new and buy based on affordability instead of quality. You can get the same price and same size in city fringe with mrt and amazing rental. Overall it’s a risky choice 😢 I wish them well in 3 years

[@lkokthon]

Good analysis!! Learnt alot. Thanks Eric Huat Kueh

[@savvyericchiew]

🙏🏼🙏🏼

[@wcl89]

Hi Eric, if I buy a new launch condo for investment, what is the recommended % financing to obtain for bank loan? Should I obtain the full bank loan (75%) if I have some excess cash and prob dont need to obtain 75%. I heard from others to just get the max bank loan as it wont have much impact. Not sure why though. Also, should i use as much CPF OA for the 25% downpayment (before paying the remainder in cash)?

[@savvyericchiew]

Of course full, this way Downpayment is lesser Means you can have options to buy bigger 👍

[@relaxationtim3332]

Love ur reviews! I sub now

[@savvyericchiew]

Thx man!! 🙏🏼🙏🏼

[@yongmengtan8827]

Thank you

[@savvyericchiew]

🙏🏼🙏🏼

[@ongboonguan2989]

Bom Bom so cute!

[@savvyericchiew]

🐶🐶

[@huhx87]

been asked to go see tembusu grand end of this mth, what is your view of that project? Used to grow up in marine crescent next to tao nan school. left marine parade when i was 16 and my dream is to return... HDBs there are like almost 50 years already, might have loan issues.... are there good options in the D15 sector?

[@savvyericchiew]

Review coming up soon 👍

[@saaarah23]

Love your videos! Can do a review of Hillhaven? :)

[@savvyericchiew]

Will do for you! 🥳

[@kev.l]

Hi Eric, love your videos! What do you think of 35 Gilstead 1+1 for a young couple's own stay?

[@savvyericchiew]

May stay and regret 😢

[@Juliuchia]

Hey Eric! Really love your videos and how you reply to each and every comment. Would appreciate if I can hear your views on my situation: 1. Living in HDB 4 room (Bought 400+k, potentially could sell for 700+k) and will MOP in early 2025. 2. Combined income exceeded 16k Is there anything that I can do now before MOP? or I just have to be patient and wait till MOP then sell 1 buy 2.

[@savvyericchiew]

Thank you! I do my best! You can save up as much as possible and be patience. You can also consider my 1-1 and start planning 😉

[@xtaltoh]

Hi Eric, any recommend resale ? mainly for investment

[@savvyericchiew]

For recommendations, consider my 1-1 program. Contact my team for details bit.ly/savvywa

[@ekteoh618]

Hey Eric, what do you think about Beauty World project like Forett/Verdale/Daintree/...?

[@savvyericchiew]

Slow growth area 😩

[@CC-tg4xj]

Hi Eric, can you share why you think it’s a slow growth area? Is it not worth purchasing in this area? Thank you!

[@saaarah23]

What are your thoughts between Beauty world subsale projects eg Daintree, Forett VS Hillview new launches?

[@huhx87]

bombom is so cute! haha i have a corgi too haha

[@savvyericchiew]

So cute! What’s his or her name?

[@dfc803]

Shavelah, bro.

[@savvyericchiew]

Yes sir

[@kelk1134]

Thanks for the review 👍

[@savvyericchiew]

🙏🏼🙏🏼

[@tayweixiang3426]

Hey Eric, what are your thoughts on Hillion Residences?

[@savvyericchiew]

😩😩

[@tamcheng3872]

Will German school give good rental potential right?

[@savvyericchiew]

Everywhere got good rental even without international school. Focus on capital appreciation

[@silencer2025]

will there be any reviews on lentor hills!☺️☺️

[@savvyericchiew]

Soon!

[@Freddy-sh5mb]

Botany means “Bo tan-y” no earn😂 Thanks for the sharing and fun video.🤣

[@savvyericchiew]

Hee hee 😝

[@darrentan9464]

With the pricing for Botany, those who bought DFR will not lose money. Might have chance to make a decent profit.

[@savvyericchiew]

DFR must thank Botany 😆

[@cchan4739]

Hi Eric, what are your unbiased thoughts on The Paterson condo? Appreciate it!

[@savvyericchiew]

I was looking at it before I decided to go for landed back then 😉

[@cchan4739]

@@savvyericchiewHahaha, can I assume that it is a decent project given that you once "looked at it" since Eric sir has such amazing foresight lollll

[@savvyericchiew]

@@cchan4739 I love living near Orchard because of its positive vibes. Didn’t get into it because mostly D9 freehold condos growth is slow.

[@cchan4739]

@@savvyericchiew Agree with the first statement. Do you think the Orchard road transformation/new TEL/huge land plot at Paterson will somehow or rather help boost property prices, esp in the Paterson-Great world city area of D9?

[@savvyericchiew]

@@cchan4739 definitely will have impact but still slow because Paterson is also aging and transaction volume is low too

[@prime8krish]

There should be limit for AC ledges, having 5-6 ac ledges covering nearly 5%-8% of floor space is insane.

[@savvyericchiew]

There will be a change from June onwards 👍

[@cjlad4358]

Thk you for spending petrol money to the farm and show us this review

[@savvyericchiew]

I never been there. Overall it’s a good road trip 😉

[@cjlad4358]

Historically, Hillview is a very hard place to make profit even with FH status. I remember got condo like Lanai sold abv 2000psf many many yrs ago, even in 2023, it is an unbelievable price...

[@savvyericchiew]

@@cjlad4358 sadly no appreciation 😩

[@audreyong1349]

Hi Eric, did you happen to do a review for Forett at Bukit Timah before?

[@savvyericchiew]

Didn’t do before 😆

[@lauratan7674]

Hey Eric huat kueh! Just want to check when is the next run for your paid course ah?

[@savvyericchiew]

20-21 May 😉

[@lauratan7674]

@@savvyericchiew any link to sign up? What’s include in the package ah? Say if I am looking to buy on Q4 lidat can save the 1on1 to use until then?

[@savvyericchiew]

@@lauratan7674 1-1 has no time limit. I will be having a webinar to share the course. Register at bit.ly/savvyrich3

[@jennifertay7428]

Bomtany!!!

[@savvyericchiew]

Bombom thank Da Yi! 🐶

[@jennifertay7428]

@@savvyericchiew 🥰🥰🥰🥰🥰

[@LeoNew960]

14 min 40 seconds should be "cheap doesn't mean good and good doesn't mean expensive"

[@savvyericchiew]

Wah that’s better! 😉

[@friedonionsandgarlic]

Please show more Bom Bom next time

[@savvyericchiew]

😉😉🐶🐶

[@vikkicheah8358]

Which project is good, share leh

[@savvyericchiew]

Coming soon! 🤫

[@prophunter8865]

Coming soon, next launch good buy - Tembusu Grand!

[@wilsonl2319]

@@savvyericchiewblossom by the park

[@savvyericchiew]

@@wilsonl2319 will review soon

[@chienchilo1216]

Blossom by the park, hill at one north or reserve residence ?

[@canonwhale]

Does this mean Tenet place of worship is going to be a church?🤗

[@savvyericchiew]

Very likely 👍

[@canonwhale]

@@savvyericchiew is there anything you don’t know?😂😂

[@savvyericchiew]

@@canonwhale many things man… still learning 😉

[@MrRazorteeth]

Why is tennis court so important? Most of the people don't play tennis anyway.

[@savvyericchiew]

There’s a good reason for it

[@Gerard5646]

Increas the plot ratio

[@jeremysng4214]

Current progress in completing a project takes 4 to 5 or even more years to complete. So holding 3 to 4 years to sell may not be possible anymore unless one sells before TOP.

[@savvyericchiew]

True

[@victortan1456]

no way there is no school nearby? bukit panjiang must be within 1km? system not showing yet

[@savvyericchiew]

Don’t have. Check many times

[@peterxavier8283]

I’m a resident in that area and the location is VERY BAD.

[@savvyericchiew]

@@peterxavier8283 😢

[@huangweilong9941]

There is primary school not sure why your system show 0 school. Infact there 2 more plot education land in masterplan .

[@savvyericchiew]

I’m using the MOE system… No pri school within 1km

[@huangweilong9941]

Thank for replying. Actually I guess the system is not updating the new address hence you can't see. Maybe you are unfamiliar with the location you may use onemap for DFR. CHIJ and bukit panjang primary. Not a popular school but there are within 1 km from this TB, more over there are 2 more plot E land within 500m . For your info there is a safra hub suppose to complete in 2023. There also road expansion in that area. Not sure if it help but there some ongoing works around the place.

[@savvyericchiew]

@@huangweilong9941 thx for the info. Will double check using OneMap next time 👍

[@huangweilong9941]

Sure .. you are the key person. 10 over thousand seeing your review hence handle with care . 🤭

[@savvyericchiew]

@@huangweilong9941 thanks for the concern! 😉

[@vikneshvaran]

First!

[@savvyericchiew]

🙏🏼🙏🏼

[@vkkl6213]

👍🏻

[@savvyericchiew]

🙏🏼🙏🏼

[@PPI317]

Heard botany sold around 45-50% at average 2k psf.

[@savvyericchiew]

Ya around there 😉

[@PPI317]

Dairy farm residences think got 1 subsale in Jan 2023 $1999 psf.

[@chaltier2012]

huat kueh, really buy what also huat, no need consult Eric already la

[@savvyericchiew]

That’s the last balance unit

[@savvyericchiew]

True 👍

[@Munir2204]

What’s the diff between bounce out unit and sub sell

[@PPI317]

@savvyericchiew even fourth avenue residences made $320k for subsale in feb 23.

[@prime8krish]

what are you top 3 upcoming projects? tell us...

[@savvyericchiew]

Stay tuned 👍

[@user-fj3qd3eb1y]

hi boss! left a comment on your other video and contacted your team Jennifer, was told to facebook message you subsequently. i have left you a message yesterday in case you have missed it. thank you once again!

[@savvyericchiew]

Ok I will check and reply soon! 🥂

[@prophunter8865]

Skip, unless you want to live on a farm. Tembusu Grand next!

[@savvyericchiew]

🥳🥳

[@huijingfoo-iz7lq]

So does it means dairy farm residence is a better buy than botany? 😂

[@savvyericchiew]

I won’t buy in that area though. DFR launch in 2019 when there are many other super good launches to buy.

[@summerho9020]

Why this time you are so kind… last time Normanton Park only lower than 5. Hahaha 🤣

[@savvyericchiew]

It’s good to be kind 🤭

[@peterxavier8283]

Bad bad bad bad bad location! Look at the amenities around…. even if you wanna buy groceries will totally be a chore! German school ain’t helping with the property appreciation too.

[@savvyericchiew]

I agree 💯

[@roychin9908]

Subjective review!

[@savvyericchiew]

😉

[@gomugomu4489]

Bombom only got 1 second screen time.. Boooooooo

[@savvyericchiew]

He shy. More screen time next time 👍👍

[@LeoNew960]

Because i cannot afford $10 bah chor mee.... so i will not buy

[@savvyericchiew]

Show your Botany pass and get 20% discount 😆

[@LeoNew960]

@@savvyericchiew $8 still quite shag.... i'll pass XD

[@savvyericchiew]

🤭