Should you buy an entry-level landed property? | Marcus Luah

Should you buy or upgrade to an entry-level property here in Singapore? Here are some thing that you might want to know!
TIMESTAMP
0:00 Introduction
1:25 What is a landed property
1:38 Performance of different landed property
2:28 Good and bad of a landed property
5:55 Affordability
9:35 Wrap Up
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[@KeepItRealEstateSG]

Should you buy or upgrade to an entry-level property here in Singapore? Here are some thing that you might want to know! TIMESTAMP 0:00 Introduction 1:25 What is a landed property 1:38 Performance of different landed property 2:28 Good and bad of a landed property 5:55 Affordability 9:35 Wrap Up

[@Luvmafammie]

Good video which is well balanced in covering the downsides and inconvenience of living in landed properties. Also one of the rare agents preaching prudence in property purchase

[@KeepItRealEstateSG]

Thanks!

[@shayslegoandsuperheroaweso1446]

This is a good video that includes prudence . Makes lots of sense.

[@KeepItRealEstateSG]

Thank you :)

[@twjackywu4185]

With Lentor transformation, people suggest buying into Lentor Landed especially terrace houses. In your professional ground experience, is this good idea and whats the entry price and exit price strategy? Would you be able to do a video on Lentor landed video? 😊

[@KeepItRealEstateSG]

Ok specifically on lentor yah, sure I’ll speak with my team

[@edenassos]

These people working for someone else and wondering why they can’t afford landed real estate. There’s a reason why people who own such homes in almost all cases run their own businesses. The power of compounding and leverage is what sets someone financially free.

[@KeepItRealEstateSG]

Hi yes and no the neighbors I had in my previous houses happen to be mostly working class who are at the top of their games.

[@kinyinglee6081]

Covered most of the bad points of landed. Most landed properties are located far away from amenities and public transport nodes. So sometimes a car is really useful especially during raining days

[@KeepItRealEstateSG]

It’s quite common to see a car or two in a landed house. However those who prefer not to drive can find units closer to bus stop or mrt, there are quite decent options within 10 mins walk.

[@kens4871]

Hi, very good videos! Need advise if we should consider FH landed $3.5m .

[@KeepItRealEstateSG]

$3.5m is a very good pricing but beware of falling into price trap. Must see the psf of the land and also how much Reno is required.

[@kens4871]

Thanks. How about pollen collection (99)? Is this considerable unit?

[@kyuning4461]

Actually what are your thoughts on FH cluster ah? I am in between both options, and a greater inclination towards cluster (cause I hate dealing with tedious things like maintainence and insets). But the sad thing is the appreciation is kinda meh.

[@KeepItRealEstateSG]

Sure you’ve done your research on the profitability on each asset, but at the same time you should consider the affordability and the potential of using the possible savings on other investment vehicles too.

[@KeepItRealEstateSG]

My personal take is surely if you can get a freehold landed that’s in similar condition as the cluster, that’s most ideal. However most often the freehold landed will cost more. So if the pricing makes sense comparing within the same district and development the risk is well managed.

[@kohyh8676]

Good video. What's the average cost of a resale 3 storey inter terrace in joo chait area? Thanks

[@KeepItRealEstateSG]

Hi thanks a lot for the encouragement. It’ll be around $2xxx psf, cos need to know condition built up top date then can provide a better gauge but it’s around low to high two thousands. Dm me if need any help

[@jonlim555]

lol one more uninvited guest is the Musang Civet Cat!! Need to call ACRES to come catch lol.

[@KeepItRealEstateSG]

Yasss it came to my previous house hahah! Got a video of it man.

[@coolstardy]

Does it make sense for one with 7 fully paid landed properties to continue to hold onto their hdb for life?

[@KeepItRealEstateSG]

Certainly no point selling bro

[@takanna]

like your honest and balanced views. 💯

[@KeepItRealEstateSG]

Thanks!

[@user-vt6ok2lh6s]

Landed property good to do the every 3-4 years flip not?

[@KeepItRealEstateSG]

Depends on how much you need to spend on the Reno to make it liveable for your family. The horizon usually is longer than a new launch as new launch is purchased during construction and entry price is similar across.

[@david888a]

If one can afford buy semi or detach,others r just like sardines,packed in a row then u better buy a private condos without the hassle of maintenance. Also,u better b a handyman to fix toilet or sewerage blockage,b a painter to save cost n mow your own lawn. 😂😂 But seriously, if u can afford buy it preferably freehold n semi or detach…n it will appreciates in value due to land scarcity

[@KeepItRealEstateSG]

Actually there are inter terraces that are quite spacious too. And yes agree that freehold is better for landed but depends on entry price too.

[@GrizzlyTheGolden]

I think inter terraces have appreciated more due to upgrades. Many terrace rebuilding cost alone is not far off from the land value. Bigger properties do not have such a large disparity so the appreciation might be more limited on % terms.

[@KeepItRealEstateSG]

Yes you’re actually correct there are more transactions too.

[@guantisengkun4342]

Bro why u wearing Hublot? Why not AP or RM

[@KeepItRealEstateSG]

Haha no money leh, wanna donate? 😆

[@samuelboonkhenglee8374]

❤

[@KeepItRealEstateSG]

Thanks

[@tenga3tango]

Agents will hate me for saying this. The beat days to buy landed free hold inteetwrrace was 4 years ago before pandemic. 😂😂😂😂

[@KeepItRealEstateSG]

No la it’s the fact, but 2028 which is 4 years later people will repeat what you said. Cos in 2019 people also said 2015 was a better time to buy cos cheaper. So it really depends on your life stage not the cycle cos what is gone is gone we focus on what’s ahead iykwim.

[@user-rx6ws7yd5g]

Are you confident in your agent's valuation? Curious about your neighbor's selling price? Need straightforward cash proceeds calculations and affordability insights? #Ohmyhome

[@KeepItRealEstateSG]

😅😇

[@AbelBong]

Went up across 1 day? 1 mth? 10 years? 100 years???

[@KeepItRealEstateSG]

My apologies since 2013