Ultimate Guide To Buying First Property Now In Singapore! HDB or Condo?

[@music3479]

Hey Josh, just curious! 1. If both couples who are age > 35 yo, can they both own a house individually assuming that they have already purchased the house before marriage? 2. For the proximity housing grant, if both myself and my future prospect lives far away e.g. one in Pasir Ris the other in Jurong East, will we still be eligible for a proximity grant?

[@joshconsultancy]

Hi YY, from my understanding. Do double confirm. 1) cannot 2 HDB, must sell one. If one HDB one condo then it’s ok. Coz rule is one family one HDB. 2) proximity to EITHER parent. You can choose to input who at that point. Hope it helps :) and smash the LIKE

[@alui5362]

Hey Josh, something I've been wondering for a while and the question came to mind when I saw that rental yields are around 4% - is there really any benefit to having a second property to rent out compared to having a diversified dividend portfolio? Seems like the latter can give comparable gains and yet have lower risk since it'll be diversified. Less headache from managing a tenant as well. Thanks!

[@joshconsultancy]

Hi A Low, benefit i guess is in the leverage. Mortgage is prob the best/cheapest good debt? haha. Cya around more =)

[@WeirdDrinkingBoy]

I beg to differ in terms of capital appreciation. A 5 year MOP house in a prime area will depreciate faster as decay is more apparent since it has already commanded a premium after MOP like you said. But especially after 65 years we can really see that. For eg: Clementi, Jurong East. Rental for HDB is always there you are right, so good location will fetch better income.

[@joshconsultancy]

Hi WDB, capital appreciation for private property has many segments too that are masked under the over stat. New launches are pulling figures up. Cya around more ya

[@wonglienfeng]

I don't think the rhetoric really holds if you put it under scrutiny. Take Pinnacle@Duxton for example or the units at Kallang, I believe the values actually increase over or at worst hold over time. That said, many other factors affect housing prices aside from remnant lease so it would be good to recognise the full context for analysis. I myself am somewhat swayed from the "freehold only" class despite holding that view for some time before.

[@joshconsultancy]

@@wonglienfeng good sharing 👍

[@jcre-nee]

Hi Josh, totally agree with u that Hdb has the highest rental yield! Just wondering if it still make sense to own a second property, given the high absd etc? Love your video!

[@joshconsultancy]

Hi Joz, at 12% ABSD it doesnt make sense. Welcome to the family and SMASH THE LIKE =)

[@lijying1984]

Keeping my HDB! Thank you for the sharing Josh

[@joshconsultancy]

No probs, cya around more J =)

[@markchan6923]

I like your channel, Josh! 👍

[@joshconsultancy]

No probs. LIVE today - WHAT TO LOOK OUT WHEN BUYING YOUR FIRST HOUSE? HDB Prices Hit New Record Highs... kzbin.info/www/bejne/fpKnd5qfabdmpa8

[@GeraldOng]

Ooo nice I like the title already!

[@joshconsultancy]

Oh ya I remember, you're at this phase now right Gerald? Hope it was helpful =)

[@GeraldOng]

@@joshconsultancy Yeah! Explored redhill a little, old estate though. Have to speak with the bank to see if I can qualify for a full loan haha if it's in redhill hahaha!

[@Ssaga]

Do you have more tips for a couple looking to buy a forever home? To me, capital appreciation and potential rental income does not seem to matter too much in this case.

[@joshconsultancy]

Hi Ssaga, home is a very personal decision. Agree? The value add I can share with you is HDB proximity housing grants and understanding the value of the house as covered in the video tutorial. Hope it helped =)

[@Ssaga]

yep, thanks Josh!

[@lamestorykukubird1768]

A nice video with good value.

[@joshconsultancy]

Thanks kkb!

[@isaactan4668]

Hey josh, just wondering if you could share where we can view data and trends on properties in singapore?

[@joshconsultancy]

Hi Isaac, propertyguru has. Do check 👌🏻

[@isaactan4668]

@@joshconsultancy thank you!

[@tohzichao585]

Hi Josh, what was the calculator that you've used in this video?

[@joshconsultancy]

Hi Zi chao it’s a mortgage affordability calculator from edgeprop. Smash the LIKE and cya around more!

[@john9076]

Hi Is there any guide of buying Second property ?

[@joshconsultancy]

Hi Yak Hong, in longer term pipelines, I'd have an ebook on it =)

[@john9076]

@@joshconsultancy I C, got a lot of weapons have not display yet! High hand lay.

[@chilly2171]

hi, what's the cheapest landed property one can get alone?

[@joshconsultancy]

Hi chilly21 my guess is HDB landed lol. Queenstown has some

[@wonglienfeng]

@@joshconsultancy actually most leasehold landed give very good value vs. freehold, even in premium estates like Serangoon Gardens.

[@joshconsultancy]

@@wonglienfeng I thought all private landed are freehold lol.

[@wonglienfeng]

@@joshconsultancy check out the leasehold at Serangoon Gardens. The difference with freehold prices is quite huge.

[@chilly2171]

@@joshconsultancy what about those non-hdb ones? I'm hoping to get a landed one without a pool for under 2 million. Also, will the value appreciate?

[@eightfoldsg]

Thanks Josh!

[@joshconsultancy]

No probs Kelvin and SMASH the SUBs too =)

[@darrylyk]

Someone would be dumb not to utilise his "chance" to buy a HDB, whether for rental or to stay.

[@joshconsultancy]

Agree Darryl, HDB is under appreciated. If the lift is spoilt just call town council - settled.