Inside The Most Expensive Neighborhoods of Singapore | Insider Business

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Business Insider

Business Insider

Күн бұрын

Good Class Bungalows are the most prestigious and expensive homes in Singapore. GCBs even inspired homes in the movie "Crazy Rich Asians." Today, their prices are soaring as the island's ultrarich are fighting to get one. And there are all kinds of building rules owners have to follow once they get a GCB.
We tour two Good Class Bungalows with Julian Yip, managing director of Realstar Premier Group, and Billionaire's Row with KZbinr Si Ling to see how these rising prices could affect the rest of the island's residents.
Check out more from Si Ling on her KZbin channel Red Potato Singapore: / redpotatosingapore
Thanks to JNA Real Estate for the footage: / @jnarealestate
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Inside The Most Expensive Neighborhoods of Singapore | Insider Business

Пікірлер: 844
@n4rae40
@n4rae40 Жыл бұрын
“Im just an asian. i dont have the crazy and rich part” she’s so real for this
@DylanDkoh
@DylanDkoh 9 ай бұрын
It's a movies reference from the crazy rich asian, a popular sg movie
@NazriB
@NazriB 7 ай бұрын
Lies again? Jackal Wolf AIA Money
@pseudochef07
@pseudochef07 6 ай бұрын
As an Asian.. I relate to this so much.. 😂
@thngzys
@thngzys 4 ай бұрын
​@@DylanDkoh it's a movie with reference to sg, but pretty sure it's not an SG movie. It's an American movie.
@AyeshaAdam850
@AyeshaAdam850 4 ай бұрын
Are you serious 😊
@geopoliticallycorrect2538
@geopoliticallycorrect2538 Жыл бұрын
I used to live on Nassim Road and being one of the few malays living on that road - the police stopped me on a few different occasions to check my ID to confirm that I actually lived on Nassim Road. Racism still present in Singapore.
@Aeybiseediy
@Aeybiseediy Жыл бұрын
Wtf thats racist af
@sneedsfeed757
@sneedsfeed757 Жыл бұрын
Based police
@dianaahakim2001
@dianaahakim2001 Жыл бұрын
ACAB
@ishowsewy7679
@ishowsewy7679 Жыл бұрын
cap
@virgiljrb.2402
@virgiljrb.2402 Жыл бұрын
It’s in every corner of this planet.
@bozanimal5576
@bozanimal5576 Жыл бұрын
If TV has taught me anything, it's that someone is going to die when that chandelier falls.
@gabbycarter965
@gabbycarter965 Жыл бұрын
I can't understand anyone putting a chandelier over a bathtub.
@TheLast-One
@TheLast-One Жыл бұрын
​@@gabbycarter965 So you can swing from the chandelier into the bathtub
@j134679
@j134679 Жыл бұрын
​@GABBY CARTER they probably don't bathe anyway. Just have body scrub & other treatments at spa
@Naithesther7085
@Naithesther7085 6 ай бұрын
Ikr😂
@momomo8383
@momomo8383 5 ай бұрын
I had the same thought🫣
@ETS186
@ETS186 Жыл бұрын
Long time ago my Sporean college buddy told me "in Singapore, if you say your family owns a house, that means they're really rich. Or probably old money." You can have a Ferrari while still living in a government apartment.
@munerahmohamed2846
@munerahmohamed2846 Жыл бұрын
True but no big deal..most homes in spore are very shitty..no class..no character..no design...waste of money
@d44347
@d44347 Жыл бұрын
i think you need clarification on what kind of houses those are. they could still coin private condominiums and apartments and even flats as “ houses “. but of course some people prefer fast cars to large houses
@jwlsiee
@jwlsiee Жыл бұрын
@@d44347 probably mean landed property
@LordBagdanoff
@LordBagdanoff Жыл бұрын
Government property also over a million dollars now
@tekkieman
@tekkieman Жыл бұрын
Doubt it. You have to get a permit to even buy a car. And when you do, the taxes are obscene.
@TheMightyMedia
@TheMightyMedia Жыл бұрын
the problem with GCB's is that for the price, you get "very little". look at what places like Malibu, BH and Hollywood offer. GCB's are more of a status symbol and accolade than an actual luxury home. no GCB in Singapore has an actual "view" and the only reason why amenities are plentiful and convenient is because the country is small so everything in within reach very easily even for big homes in Sentosa, the "scenery" if any at all is really not in the same class as what one may find in Newport Beach, Pacific Palisades, Hamptons, Sydney or Cote De Azure etc. let's be real, GCB's are a store of wealth to pass on to the next generation, not an actual home for "luxury living". visit them, compare and you'll unfortunately see the stark difference and lack of standards in comparison
@tanpingyi4771
@tanpingyi4771 Жыл бұрын
why is it a problem lol. at least it aint a problem for those who actually bought it
@mdee8784
@mdee8784 Жыл бұрын
Precisely
@ashutoshkumardixit5657
@ashutoshkumardixit5657 Жыл бұрын
but Singapore is safe from all the issues of west, safe from drugs etc.
@NijiKonohana
@NijiKonohana Жыл бұрын
Pretty sure that's not a concern for the owners. They are not there for nice views or comfort, they are there for a luxury symbol. In fact, there are quite a few cases of rich people buying these private properties purely because they know its value will increase in the future... while they themselves live in public housing. Also, there has been an increase in foreign buyers in recent years---people who don't even live in Singapore.
@ashutoshkumardixit5657
@ashutoshkumardixit5657 Жыл бұрын
@言行一致 Makes no sense Singapore is better compared to all those places.
@rafaelperalta1676
@rafaelperalta1676 Жыл бұрын
It makes sense that the prices are ballooning up. Land there is like a rare, exotic delicacy.
@toasterlul
@toasterlul Жыл бұрын
It's what happens when the government monopolizes all the real-estate, the poor and upper-class will never own anything and only the most paid government officials and wealthy foreigners will own houses. I feel bad for the people of Singapore
@NazriB
@NazriB Жыл бұрын
Lies again? HDB Paris
@randomshitpost8477
@randomshitpost8477 Жыл бұрын
@@toasterlul As a singaporean I don't really care about owning land. My HDB is good enough.
@lukeh3020
@lukeh3020 Жыл бұрын
@@toasterlul That’s not quite true though. Most GCBs are owned by rich local businessmen. Not many foreigners own them and as Singapore isn’t corrupt, few government officials will reach that level of wealth too.
@itsmz827
@itsmz827 Жыл бұрын
@@toasterlul That's not really true, coming from a Singaporean..
@kgandrala
@kgandrala Жыл бұрын
Its crazy how little your dollar goes in sg. I lived there from 2012-2015 as a kid and my family stayed at 3 different condominiums in our time there. The rent was ridiculous and I knew only one person who actually owned an apartment and if I recall, they spent nearly 2 million on a 2 bedroom groundfloor apartment. It was crazy
@LordBagdanoff
@LordBagdanoff Жыл бұрын
Price is crazy but people still buy it that’s the crazier part 😂
@khenglim
@khenglim Жыл бұрын
They buy it for various reasons...one of which is that the price usually goes up which makes it a good investment. Rich begets rich!
@LordBagdanoff
@LordBagdanoff Жыл бұрын
@@khenglim not reallly honestly. There are a lot of buyers for condos that lose money.
@Amigonnastay
@Amigonnastay Жыл бұрын
2mil in 2015 must be something like 4mil today already...
@A1steak
@A1steak 6 ай бұрын
Hong Kong is so much nicer and more posh. This is nothing compared to mansions in HK
@arthurwatts1680
@arthurwatts1680 Жыл бұрын
If the owners of these GCBs are actually living in them for most of the year, Singapore has one up on many Western countries where uber-rich Asians have bought mansions purely as investments. Suburbs like Potts Point in Sydney have reached the ridiculous stage we normally associate with Bel Air or Manhattan - words like 'prestige' matter far more than the objective value of the property.
@daweigo6851
@daweigo6851 Жыл бұрын
Potts point has extremely high density, very few empty properties
@gappergob6169
@gappergob6169 9 ай бұрын
Small country. There's reason why most developed countries have under 50 millions citizens. And Singapore have less than 10 millions citizens.
@bf842903
@bf842903 Жыл бұрын
Watching the most expensive homes in Singapore while sleep on the same ikea bed for the helpers at 9:03
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
youre a GCP ..good class peasant 😂
@soothingmoments2139
@soothingmoments2139 Жыл бұрын
You can stay in the gcb too..just apply to be the cleaner of the gcb house..since you already accustomed to sleeping in the exact same ikea bed..😆
@lunchplus
@lunchplus Жыл бұрын
@@soothingmoments2139 I was actually planning to--assuming that clients pay generously
@soothingmoments2139
@soothingmoments2139 Жыл бұрын
@@lunchplus 😆..have you watched the Oscar winning korean movie titled parasite?..😆
@jameslim3850
@jameslim3850 Жыл бұрын
This is why more and more Singaporeans can only continue remain delusional while dreaming and struggle just to smell such houses or lifestyle. In the end, all they could afford is a small pigeon flat, take public transport and work very hard for whole lifetime to pay so much just for a basic need and living.
@imranbecks
@imranbecks Жыл бұрын
The whole of Singapore is basically an expensive neighbourhood. All the prices of the HDB flats cost like luxurious mansions and penthouses!
@blacklavoux
@blacklavoux Жыл бұрын
Architecture wise, these so called ‘expensive’ homes are just large homes that looked outdated. U can tell the owner build this some time ago, because house that looks like this with that price is just not worth it.
@吴-s5h
@吴-s5h Жыл бұрын
This is singapore. Everything here is not worth it.
@AyeshaAdam850
@AyeshaAdam850 4 ай бұрын
I disagree
@milostripreports1291
@milostripreports1291 Жыл бұрын
For the last house it just goes to show that even if you're rich it doesn't mean you have a good taste in style
@anonymousman9824
@anonymousman9824 Жыл бұрын
these are old houses, people buy them for massive renovation or a whole rebuild
@Jemolian
@Jemolian 11 ай бұрын
It’s just a dated design, probably from the 90s or 2000s
@goldfries
@goldfries Жыл бұрын
The only GCB we have in Malaysia is the item on MCD menu.
@investwithpete
@investwithpete Жыл бұрын
Rising prices in Singapore seems to defy the global trend however it is for very good reasons. Small island with high ownership % and most people stay in the houses they own. Of course there are other factors but it does stand out as a unique example compared to US and EU. As for GCBs, it largely doesn't matter to most Singaporeans :)
@Jasmine_DD
@Jasmine_DD 10 ай бұрын
It's true that Singapore's real estate market operates differently compared to other parts of the world
@rich1228
@rich1228 Жыл бұрын
The price of Singapore GCBs can double or even triple in price, but there is no effect on the rest of Singaporeans. Its like asking the price of private jets or super yachts increasing by 50% and the effects in the average Singaporeans.
@Alfredwijaya1
@Alfredwijaya1 Жыл бұрын
I remember back when I was in Junior high, my parents never stay at hotel n always at their apartment n it wasn’t beautiful n I always complained that the room isn’t beautiful n right now I am grateful that nowadays, it’s very difficult to purchase property in SG, very expensive n luckily we managed get renovated
@2BXD
@2BXD Жыл бұрын
N n n n n
@testing6753
@testing6753 Жыл бұрын
the gray car at 0:40 is a Lamborghini Reventon, EXTREMELY rare and fetch for millions of dollars.
@dozin3380
@dozin3380 Жыл бұрын
1/20 reventon roadster 2 in singapore
@salvatoreIII
@salvatoreIII Жыл бұрын
Thanks for bringing the idea of wet vs dry kitchens to my attention. Very interesting
@saramorgan6606
@saramorgan6606 Жыл бұрын
In Thailand, China, Vietnam also. Not new from Ching dynasty
@lifesajoke26
@lifesajoke26 Жыл бұрын
When the attic is bigger than your house lol
@soothingmoments2139
@soothingmoments2139 Жыл бұрын
The junior bedroom in the early video is the size of a hdb..😅
@alexanderzhukov3773
@alexanderzhukov3773 Жыл бұрын
Those homes look so basic and dated compared to Australian properties. Those prices are insane
@Blablablarandomguy
@Blablablarandomguy 3 ай бұрын
There's a lot of very bad and out of touch western reporting and western takes on Singapore, but as a Singaporean, this felt well researched, executed and was very insightful
@Kamorudeen-yh6qf
@Kamorudeen-yh6qf Ай бұрын
I promise myself one massive home next year amen 🙏
@Yiyang1130
@Yiyang1130 Жыл бұрын
but recently an article showed that an Indonesian bought 3 GCBs for over $200 m, so that means that citizenship is not a requirement to purchase one
@lxcites
@lxcites 6 ай бұрын
He is a rare case, as his relatives are Singaporeans and PRs, and had made significant investment to the country. The requirements for foreigners to buy GCB is actually very stringent as the government do not want protected freehold land to be owned by "outsiders". He will also have to sell it back to a Singapore citizen.
@MAJL-jz9ee
@MAJL-jz9ee Жыл бұрын
Imagine 0.5% owns a GCB. Record payment is $170M for that small piece of PRIVATE land in Singapore and also have restrictions to the land. At that point, the government is their friend, they have shares and control in top companies
@MAJL-jz9ee
@MAJL-jz9ee Жыл бұрын
Why are prices increasing? Their answer, because more people want GCB but apparently no one wants to question the price, they leave it to those suffering financially to complain while the rich have a shelter, an expensive one and untouchable.
@SpektrikMusic
@SpektrikMusic Жыл бұрын
​@@MAJL-jz9ee most people live in government subsidied public housing in Singapore, homelessness isn't an issue.
@sentiasatransformasi
@sentiasatransformasi Жыл бұрын
in kuala lumpur you only need $2mil to get a big ass bungalow at a super prime location
@Muslimah1987
@Muslimah1987 Жыл бұрын
Just passing my time with these things until Crazy Rich Asians 2 comes out...
@salvadorpalma8173
@salvadorpalma8173 Жыл бұрын
Massive house, the employee's room is a tiny nook stacked with bunk beds.
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
they deserve better..
@rjjrjehehew
@rjjrjehehew Жыл бұрын
​​@@fidelcatsro6948 No. No. No. Enough. Singaporeans are superior to all others and we are the ones to deserve better. F egalitarianism, F the workers, F the maids. We will reap what we sow.
@Aeybiseediy
@Aeybiseediy Жыл бұрын
And the employee is staying in the house longer than the owners in a day.
@groundedgaming
@groundedgaming Жыл бұрын
@@Aeybiseediythan the owners in a month, probably
@j134679
@j134679 Жыл бұрын
One way to gauge a rich Asian's personality is to check what their staff living quarters are like.
@sps6
@sps6 Жыл бұрын
One of my friend overseas once told me roads are paved with gold on Nassim road…yes I did look at pavement when passing by
@codelessunlimited7701
@codelessunlimited7701 Жыл бұрын
It is very expensive because of designated exclusivity under Singapore law. Like what they did with car ownership.
@clacicle
@clacicle Жыл бұрын
Good example of just because you’re rich, doesn’t mean you have good taste.
@Jasmine_DD
@Jasmine_DD 10 ай бұрын
The high rate of home ownership and the limited land availability on the small island contribute to the unique dynamics of the housing market
@knightnight0237
@knightnight0237 Жыл бұрын
“Look at the Ferrari!” Whilst pointing at an aventador
@timduncan9696
@timduncan9696 7 ай бұрын
It's a reventon not an Aventador
@knightnight0237
@knightnight0237 7 ай бұрын
@@timduncan9696 I think you are correct! Looks like it might even be a reventon roadster but I could be wrong again
@Nick-vd7cg
@Nick-vd7cg Жыл бұрын
GCB is like the frontrunner of NFT's
@cassiejacobs4197
@cassiejacobs4197 Жыл бұрын
When you invest, you're buying a day you don't have to work
@chrispaul3778
@chrispaul3778 Жыл бұрын
Assets that can make you rich Bitcoin Stocks Real estate
@leahmolly9150
@leahmolly9150 Жыл бұрын
​@@chrispaul3778You're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
@maxiecharles2842
@maxiecharles2842 Жыл бұрын
​@@leahmolly9150It's not ignorance but due to some unprofessional broker in the market
@jeremygood3246
@jeremygood3246 Жыл бұрын
Now is the best time to purchase and invest in Bitcoin, stop procrastinating!!
@claresmithy4667
@claresmithy4667 Жыл бұрын
Learn and trade under a guide I do same and I hardly make losses in the market
@TheProffa8719
@TheProffa8719 Жыл бұрын
Similar to South Africa, high price house areas have a lot of tall trees for privacy and exclusivity.
@thebishanmethod
@thebishanmethod Жыл бұрын
Yeah man. I was born in SA now working in Singapore. Similar in nature but totally different level out here. South Africa’s inequality is something else though. I pray SA’s government can change but it’s getting sad now.
@TheProffa8719
@TheProffa8719 Жыл бұрын
@@thebishanmethod Thanks for the prayers 🙏. Hopefully things get better for the future generations.
@adrijanpopovic4671
@adrijanpopovic4671 6 ай бұрын
Africa 💀
@adrijanpopovic4671
@adrijanpopovic4671 6 ай бұрын
Did you really compared AfRiCa to Singapore
@VerreButterfly
@VerreButterfly Жыл бұрын
Just me living my small fry days in my 3-room while the wealthy and powerful are lording it out✌
@DGoldy303
@DGoldy303 Жыл бұрын
The PAP ministers can all afford these houses while some average Singaporeans can't afford a HDB.
@dkice7191
@dkice7191 Жыл бұрын
The only GCB i had was from MCD
@Moving_Chicane
@Moving_Chicane Жыл бұрын
this was great - thank you!
@rayjack
@rayjack 29 күн бұрын
one lonely sink in kitchen area...but many bathrooms.,.. from experience you need at least 2 sinks to avoid the congestion at meal times. are prices in USD or Singapore dollar?
@dexterousakuma4341
@dexterousakuma4341 Жыл бұрын
As a Singaporean, is not worth owning a GCB that is as much as 10 5 room hdb flats, plus you have to pay for all the maintenance just to have privacy at your swimming pool and outside barbeque.
@jen5138
@jen5138 Жыл бұрын
Public housing don't make good investments. Govt makes sure of that. I'd probably go for condos like most Singaporeans do for investment. AS for the ultra rich, the gcbs are probably inheritance to pass down to generations after. Hdb are just "leases" with expiry after 99 years.
@greenestmachine71
@greenestmachine71 Жыл бұрын
Live close to Ridley Park and I can honestly state that most of the GCB in this area incredibly dull and vulgar. #2 Ridley Park is perhaps the worst and clearly the owner has more money than taste. It looks like a cross between an out of town retail park and an office. On the road I live on pretty much 80% of the houses have been purchased and knocked down and generic post modern block that fills the plot. Of course they fare even worse when you compare them to the wonderful blank and whites found in the area..
@kenyoung6666
@kenyoung6666 Жыл бұрын
As if Tommy Goh would care shit about what you think about him and his “taste”. He was someone who built his company from scratch and was wise to sell it to an American company at the peak. He deserves everything he’s got! You’re just jealous because you’re not successful like him!
@LookDeepWithin
@LookDeepWithin 11 ай бұрын
If you are from HR or an employer, please see this. It is ridiculous of companies and employers to think that they are doing employees a favour by employing them. The workers are not getting the salary for free, they uses their time and effort to earn that money, and companies cannot survive with just talking CEOs, so please know that nobody owes the company anything. And by the way, please Raise salary for employees especially those at the bottom levels, things are very expensive nowadays. Always ask yourself are you willing to take that pay yourself, before you have the heart to offer it to others. Employers, better do a lot of good Karma. Make workers suffer and you will also suffer in your own life one way or another.
@zamirazam6099
@zamirazam6099 Жыл бұрын
Visit a friend staying in sg. Even the rich ones living in a shoe box size flats. Sad, but at least they got to travel mostly in asia and stays in a villa for maybe 2 weeks a year.
@muhammadyunan2811
@muhammadyunan2811 Жыл бұрын
Just make home in neighbouring country. Such as Indonesia in Batam or Malaysia in Johor
@abdrazak8310
@abdrazak8310 Жыл бұрын
N follow with the rule .not just build a house
@Philmoscowitz
@Philmoscowitz Жыл бұрын
I love Singaporeans' sense of humor.
@virtue1993
@virtue1993 8 ай бұрын
"crazy asian, no rich" 😂😂😂
@PAINTITBLACKGAMING
@PAINTITBLACKGAMING 10 ай бұрын
That girl in the zoom call faking her accent is so bad lol
@sutats
@sutats 7 ай бұрын
There's a massive market for tasteful interior designers for these homes. Always has been.
@huiyingtanyayap
@huiyingtanyayap Жыл бұрын
Am I the only one don’t fancy material stuff? All I want a tiny house with my love one .
@bodmin1598
@bodmin1598 Жыл бұрын
Me too, I love my simple home.
@danielang9056
@danielang9056 Жыл бұрын
Agreed
@higgs8955
@higgs8955 Жыл бұрын
This is damn expensive😮Come to Uganda with some few dollars and get yourself a large piece of land where you can build a house and grow your food.
@udz5480
@udz5480 5 ай бұрын
according to history a lot of the GCBs were also owned by Jews, Arabs, Indians, Eurasians and Armenians and some mixed european with asian people, thus not only the Chinese as incorrectly thought.
@heatherstephens9295
@heatherstephens9295 Жыл бұрын
Incredible ❤
@GKP999
@GKP999 Жыл бұрын
So it is great that the Singapore government is attracting a lot of rich people to the country. I would like to knkw how that benefits the poor and working class Singaporeans.
@laramaaike3050
@laramaaike3050 Жыл бұрын
Even if I would be rich, no way I want to buy a house (sorry...bungalow) when I can see in my neighbours bedroom and almost shake hands.
@wielyrucs5366
@wielyrucs5366 Жыл бұрын
Why wouldn't you if the value of your home nearly doubles in 2-5 years? If you don't want to live there, just buy the house and rent it out. Few investments are as certain to yield massive profits as Singapore real estate.
@NurmaBP
@NurmaBP Жыл бұрын
@@wielyrucs5366 So it just for investment and prestige then, not really for a home
@wielyrucs5366
@wielyrucs5366 Жыл бұрын
@@NurmaBP It is both a nice house and a good investment. Choose for yourself if you want to keep it as purely an investment or one that you are gonna stay in while waiting for its value to rise. But passing the opportunity to purchase this when you got the money is foolish. Unless you have something else to invest in; that has a even higher growth rate and is just as certain to yield profits.
@cass8446
@cass8446 Жыл бұрын
@@NurmaBP I mean if you think about it, nobody in SG really has a home they can live in for long. HDBs are only theirs for 90 years and the rich treat theirs as an investment. Very rarely is there anyone really planning to stay in a property for generations
@dramanda7296
@dramanda7296 Жыл бұрын
wow, the 'helpers'' room next to the kitchen is so shabby and sad
@rebel.taylord
@rebel.taylord 11 ай бұрын
If I had that kind of FU money I rather live in a penthouse with a beautiful view and pool than a GCB. But it doesn't matter because even if I worked every day non stop 24/7 till the day I die, all I can afford is HDB. The divide between the rich and poor in Singapore has really widen over the last few decades. It's depressing to come to the realization there is no upward mobility, no matter how hard you try, life is cruel so why bother.
@thisguyrighthere4634
@thisguyrighthere4634 Жыл бұрын
disgusting that gap between the rich and the poor
@dylanpyle6500
@dylanpyle6500 Жыл бұрын
I think the way Singapore is controlling the supply and keeping most of it for affordable housing shows how supre the government is
@azreyevans1843
@azreyevans1843 Жыл бұрын
Wait till you find out about the price of Singapore's public housing flats/ apartments.
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
even small cars that look like washing machines on 4 wheels here cost upwards of 100k usd...$3k 125cc moped motorcycle is like 15k usd and you can only own them for 10yrs
@cedriceric9730
@cedriceric9730 Жыл бұрын
What you said is suggesting that the poor are worthless thieves who determine their personal value basing on someone elses lifestyle!!
@OlllOHD
@OlllOHD Жыл бұрын
Why is it disgusting ? Because you envy rich ?
@harisadu8998
@harisadu8998 Жыл бұрын
Hong Kong has a better tax system than Singapore's but Hong Kong is hamstrung by China's constant messing around with its laws. This has scared a lot of people out of the city unfortunately.
@jorgotrushi3321
@jorgotrushi3321 Жыл бұрын
* sees Aventador "wow look at the Ferrari"
@logicalcomments350
@logicalcomments350 Жыл бұрын
It's a reventon
@Frizzante16
@Frizzante16 Жыл бұрын
Actually that house is full of Ferraris and there is only 1 Lambo that I know of which is that in the video. So it is possible she eas talking about the Ferraris behind it that the camera did not catch
@loretagurakuqi6950
@loretagurakuqi6950 Жыл бұрын
Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol
@loretagurakuqi6950
@loretagurakuqi6950 Жыл бұрын
@Jay Béland Not at all, having monitored my portfolio performance which has made a jaw dropping $473k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market. I must say it's the boldest decision I've taken since recently.
@loretagurakuqi6950
@loretagurakuqi6950 Жыл бұрын
The adviser I'm in touch with is 'PATRICIA V VESELY, She works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
@StanleyHudson1
@StanleyHudson1 Жыл бұрын
Thank you, I copied and pasted her name on web browser and sent a email waiting for reply.
@sameeramadushanka5357
@sameeramadushanka5357 Жыл бұрын
@@StanleyHudson1 Wow, I'm sure this is totally not a scam.
@shinthetibia
@shinthetibia Жыл бұрын
@@joseignaciobaluk3741 even added in a "lol" at the end to be hip
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
Once i achieve in my experiments to turn sand into gold nuggets i will buy these homes...
@orchid6699
@orchid6699 Жыл бұрын
Turn them into Silicon, then can sell to Taiwan
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
@@orchid6699 i need to find worms that eat bacteria and then poops little gold nuggets..
@AidenMykel
@AidenMykel 3 ай бұрын
Singapore looks like an East central African country called : Rwanda. Just as green and hilly as it
@xxxx-tb4de
@xxxx-tb4de Ай бұрын
Never knew there were any homes other than skyscrapers in Singapore.
@cupcakesteriacupcake8889
@cupcakesteriacupcake8889 11 ай бұрын
Manifesting buying & owning one of Nassim road GCBs with hard cash. 🤞🏼
@Superfastjellyfish669
@Superfastjellyfish669 Жыл бұрын
Beautiful homes but they are way too small to be so expensive
@vinegarman4205
@vinegarman4205 Жыл бұрын
Land scarcity🤯
@lunchplus
@lunchplus Жыл бұрын
right, for that amount you could have built a mall in my country
@PEZ1514
@PEZ1514 Жыл бұрын
Location location location
@sauravbansal8023
@sauravbansal8023 Жыл бұрын
that bathroom chandelier is 150 USD have one o those
@p_louis
@p_louis Жыл бұрын
Chandelier above the bath tub is perfect for Agent 47.
@louisazraels7072
@louisazraels7072 Жыл бұрын
thankfully it doesn't impact the ordinary citizens as the government owns 90% of the land and have a awesome public housing scheme (not like HK, where the government owns the land but relies on it as its main cash cow, leasing it for impossible prices), it's probably the only wealthy city in the world where ordinary people can easily afford housing. It's the way to go really, give the insanely rich their little playground so that they don't throw a tantrum, give them tax incentives so that they do business on the island but heavily tax the luxuries they enjoy (like cars), meanwhile limit the impact on the general population. Singapore HDB is literal genius, there are other things I'm not a big fan of when it comes to SG governement but this is undeniable
@e8943
@e8943 Жыл бұрын
HDB is a good concept and has shown to be one of the best things the gov has done but they really need to get a hold of rising costs. Soon, we will enter territory where all HDBs will cost at least 1 mil and clearly, demolishing loved malls and soon, Turf City, is not the solution as costs keep rising
@louisazraels7072
@louisazraels7072 Жыл бұрын
The only way to alleviate that would be to build more. Either land reclamation or more high rises. Honestly, 1M SGD woukd still be very reasonable for a 5 rooms appartment in a major world city, it would still be under 10X median household income!!! Compare that to Paris where a similar appartment would cost litteraly 50X median household income (meaning only the wealthy and high income households can buy appartmentd in Paris)
@e8943
@e8943 Жыл бұрын
@@louisazraels7072 Not saying that we need to be a cheap city to live in or anything. I agree that naturally, due to population and land size, housing costs will be high, but 1 mil is actually not a manageable sum for quite a decent chunk of our population, especially since the purpose of HDB was to provide affordable housing for all! Building more has not proven to lower housing costs, they are building more and more HDB blocks everywhere but the cost is still going up
@louisazraels7072
@louisazraels7072 Жыл бұрын
@@e8943 well 1M would only be for 5 rooms flat, and we're still a long way away from that anyways. Building more HDB and faster is the main way to keep prices low, the faster and the more are delivered at discounted prices the better itll keep the resale prices from rising.
@e8943
@e8943 Жыл бұрын
@@louisazraels7072 Building more HDBs is not the solution. The new HDB flats are being made for “new” residents, not for the benefit of existing Singaporeans. If they really wanted to help Singaporeans, the solution is reducing the ceiling, back to the original, for buying flats and preventing people from owning more property than 1 HDB if they buy one. The rich who have enough money to buy more than 1 apartment/landed and own a Mercedes, should not be allowed to buy a HDB flat. That is how we make HDBs affordable for ALL. Property prices are rising faster than you believe and really needs to be acted on quicker with a different approach from building and building. Singapore cannot be compared to other cities like NY as NY is a city in a big country with many states. It is much easier for people who cannot afford to live in NY, to leave the city and move to other states and cities that are more affordable. On the other hand, in Singapore, if one cannot afford to buy housing here, it is much harder to move from one country to another just to get housing. Whilst I’m not saying that Singapore needs to be a cheap city (as I understand the reasons for a much higher than average cost of living), just across the border, just looking at rent, let alone property for sale, for S$3500, one can rent a 4200sqft semi-d whilst in SG, there are the biggest property you can rent is a 1500sqft HDB (which is already hard to find). A large gap is understandable given many factors but this is too wide of a gap
@mjmf1430
@mjmf1430 Жыл бұрын
It might be very expensive but they sure look ugly.
@TMM-N
@TMM-N Жыл бұрын
Private ownership should not be allowed anymore as lands are becomng more scarce Imagine how many families, including rich families are able to be accommodated.? One floor per family for 50 stories can accommodate 50 families? So stupid😊
@pjacobsen1000
@pjacobsen1000 Жыл бұрын
Considering how expensive they are, a lot of the houses in the video look kind of gaudy and tacky. 土豪, as they say in China.
@calsvlogs430
@calsvlogs430 Жыл бұрын
Singaporean here. 🙋🏻‍♂️
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
hdb peasants we are..😆
@nasi364
@nasi364 Жыл бұрын
@@fidelcatsro6948 Condo Peasant here
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
@@nasi364 😆😆😆
@orchid6699
@orchid6699 Жыл бұрын
@@fidelcatsro6948 Terrace House peasant here
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
@@orchid6699 naaah you not qualified as peasant status...now go back to your office and do the desk work..
@gersonleon7969
@gersonleon7969 Жыл бұрын
I prefer Eleanor Young's humble abode on "Crazy Rich Asians."
@kktong83
@kktong83 Жыл бұрын
That’s in Malaysia
@JLDREAMS
@JLDREAMS Жыл бұрын
the prices of these homes dont matter as much to the average singaporean as compared to when government housing costs more than a million dollars (which is happening)...
@kenyoung6666
@kenyoung6666 Жыл бұрын
That’s why I don’t mind the government letting really rich foreigners who buy GCB’s becoming PR and/or citizens. I’m opposed to the government letting in foreigners who are only able to afford small condos or hdb’s when they become PR and/or citizens because these are the people who snatch jobs that Singaporeans can and are willing to do AND drive up prices of property prices meant to be affordable housing. Singaporeans need to differentiate the foreigners that will benefit the country vs foreigners who are thieves to true blue Singaporeans.
@shxns
@shxns 7 ай бұрын
never clicked this fast in my life 😂😂
@BigJokeMortgageBank
@BigJokeMortgageBank 5 ай бұрын
Funny things is, all the amenities in the building are for the servants and helpers to use, not for the owners at all. They are the REAL occupants, you bought for them.
@bakerkawesa
@bakerkawesa Жыл бұрын
Alright. I better pick up some extra shifts.
@anitahart8313
@anitahart8313 Жыл бұрын
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
@elizabethpaul3263
@elizabethpaul3263 Жыл бұрын
Let's not forget that the biggest payouts in the market's doesn't come from great performance but rather it's great promotions. Stay invested,diversification for streams of incomes is very very important and with the right skills and proper understanding of how the market's works
@ณัฐพนธ์บุญมีบุตร
@ณัฐพนธ์บุญมีบุตร Жыл бұрын
I am new to cryptocurrencies such as bitcoin, but I am very interested and curious to start investing in it, although I do feel this is kind of late now. Can anyone tell me what I need to do?
@marksarah4486
@marksarah4486 Жыл бұрын
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@peaceemmanuel8998
@peaceemmanuel8998 Жыл бұрын
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@benkin8669
@benkin8669 Жыл бұрын
No worries.. U guys can get super cheap GCB in Malaysia🤣 Its called: GCB burger🍔 (available in McD outlets whole Malaysia)😂 It only cost RM13.49 (about SGD4)😍
@Aeybiseediy
@Aeybiseediy Жыл бұрын
Expensive
@abdrazak8310
@abdrazak8310 Жыл бұрын
Nothing to do with malaysia...just let it be
@stephanieong4377
@stephanieong4377 Жыл бұрын
The only GCB that I can afford is the one in McDonalds (Grilled Chicken Burger)
@18000rpm
@18000rpm Жыл бұрын
"Less than half a percent of Singapore's population own a GCB." LOL wat? There are only 2800 GCBs in Singapore for 5.5M people.
@capella-chan6425
@capella-chan6425 Жыл бұрын
It's not even that big WTF. You'll get half of Paris for 170M and a quarter of Dubai.
@rayt2324
@rayt2324 Жыл бұрын
land scarce... I'm sure people wish they wouldn't even have to pay this much for that. if you compare it to the mansions in US, for the price you're paying this is pathetic. and the fact that it can only go up to two stories (less basement and carpark) means you won't see any atop a beautiful hill or some shit like that
@BM-zd3vs
@BM-zd3vs Жыл бұрын
Not everyone wants to move to that parts of the world. Asians want to stay close to home where their favourite food and culture is, especially when they get older. Whenever I visit my relatives, they will always ask when are you moving back here? I m like, well..I am settling in the west. They're like, yeah but it is not home! 😂
@capella-chan6425
@capella-chan6425 Жыл бұрын
@@BM-zd3vs I get you, I'm leaving the West this year to get a little closer to home (Arab World). But really, they could get a skyscraper in Bangkok for 170M $ or a massive penthouse in Hong-Kong.
@Amarahmillatiany4785
@Amarahmillatiany4785 3 ай бұрын
Luxury hotel dan report... ❤❤❤
@z4520ft
@z4520ft 25 күн бұрын
I'm surprised. The kind of houses featured in this video is pretty common in my neighbourhood in Kota Damansara, Malaysia and we are not really that rich. I'm guessing the house to land price ratio over there in Singapore is like what... 30 : 70, 20 : 80?
@Asher89leo
@Asher89leo Жыл бұрын
This is so true. The younger Singaporean should be afraid of higher price of these houses. Because it is the reflection of housing or houses property market right now. The younger Singaporean might not be able to rent a home in the future.
@gappergob6169
@gappergob6169 9 ай бұрын
Regular Singaporean live in apartment. Good way to ensure regular people have place to live.
@hoangenhaao9182
@hoangenhaao9182 Жыл бұрын
You guys should do house in Palo Alto(silicon valley)
@verper5220
@verper5220 Жыл бұрын
They don't tell it..But I believe some indonesians billionaire also have houses there..
@dng625
@dng625 Ай бұрын
I used to stay in a GCB in Toa Payoh. Most of my others friends stayed in HDB in Nassim.
@Daniel_RG
@Daniel_RG 8 ай бұрын
What I don't get about Singaporean architecture is why most interiors look so cheap (8:50). Sure, the house costs millions, but inside they look like a cheap North American mall.
@pinolillo1666
@pinolillo1666 5 ай бұрын
😂 bro what
@MorrisonHenry
@MorrisonHenry Жыл бұрын
still way cheaper than Hong Kong just saying
@glennlaurents9439
@glennlaurents9439 2 күн бұрын
As an ex long term Singapore resident, 1982 - 2004. I notice that you go for the glitter and ignore the more isolated examples of fine, extraordinary Asia-Pacific Architecture, good thing because old money prefers privacy not ostentation... grow up, Kiasu might only lead to your 40th floor flat.....
@STOXIU
@STOXIU Жыл бұрын
the 2 best rules are that they have restrictions on making house only 2 story height and having house not touch its boundaries. i want these in my country its so dumb infrastructure here .
@jovrien
@jovrien Жыл бұрын
* me trying to spot Jamie Chua’s previous home *
@youngthugger8736
@youngthugger8736 6 ай бұрын
where in the world are property prices falling??
@dunhaveyoutube66
@dunhaveyoutube66 Жыл бұрын
She called a 1/36 Lamborghini reventon a Ferrari 😢
@ravikadel9302
@ravikadel9302 Жыл бұрын
Awesome, great, suitable match home
@richardhavilah7176
@richardhavilah7176 Жыл бұрын
One of the best investments are property…
@spongebobubu
@spongebobubu 3 ай бұрын
We have GCB in Malaysia too and it costs RM13.70.
@silentstormstudio4782
@silentstormstudio4782 Жыл бұрын
Thnx for showing me , where i stand .
@Jesus_is_savior
@Jesus_is_savior Жыл бұрын
I'm moving out the moment I get the chance to away from this country. It’s too expensive to live here 😭😭
@fidelcatsro6948
@fidelcatsro6948 Жыл бұрын
Malaysia is only 25km away
@rjjrjehehew
@rjjrjehehew Жыл бұрын
There is no escape. The world will adopt our system. The economy will explode.
@rjjrjehehew
@rjjrjehehew Жыл бұрын
​@@fidelcatsro6948 and Malaysia and ASEAN will be colonised by Singaporeans.
@V.I.P205
@V.I.P205 Жыл бұрын
Me too I want out
@jen5138
@jen5138 Жыл бұрын
@@fidelcatsro6948 if i want out, I'd go somewhere better not worse
@krollpeter
@krollpeter Жыл бұрын
I have not the slightest desire for living in such a monstrous, redundant property, even if I were a billionaire.
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