What I Would Do When Transaction Volumes Are HIGH! | Marcus Luah

[@joannetan713]

When u say 20% reserves, do u mean 20% of the price of the property?

[@KeepItRealEstateSG]

20% of the capital you have :)

[@KeepItRealEstateSG]

Today, I am going to share with you my point of view about the Condo Resale volume surge in the month of July, how the condo resale market reacted historically using facts and figures and what you should do as a buyer or a seller. TimeStamp: 0:00 Introduction 0:18 Brief rundown on article 0:52 Video sequence 1:57 TLDR version of the article 2:15 Historically how the property market reacted using facts and figures 2:24 Drop in volume of Subsale transactions since 2019 3:11 Why are there lesser Subsale transaction? 3:50 Year by Year Volume of transactions between Jan 2014 - June 2024 4:48 In a context of buying a Executive Condo Resale 5:36 What I would do as a buyer or seller of a private property 5:39 3 Golden Principles 5:56 Tips for buyers 6:51 If you are buying for a 3-5 years investment 7:05 If you can only afford resale property 7:27 Tips for sellers 7:27 If you are selling to upgrade to the next property 7:42 If you are a seller without a plan 7:56 If you wish to speed up your growth in your wealth by buying the right asset 8:12 Final remarks

[@bechuang7756]

Keen to know which new launch price is close to sub sale

[@KeepItRealEstateSG]

Hilllhaven, Botany are some of them.

[@bechuang7756]

@@KeepItRealEstateSG myst?

[@TheBebemom]

Hmm very confusing points through out the video. Maybe can explain why u upgrade landed in the next video

[@KeepItRealEstateSG]

Ok thanks for the feedback will discuss with team how to improve. Maybe can lmk which are the confusing points too. Ok sure will work on that for the landed part thanks for the suggestions!

[@choonhockong8215]

No concrete suggestions for buyers and sellers. It is more confusing for potential s buyers.

[@junjun906]

he is advising if your budget allows - then go for new launch to see a 20-25% growth in 3-5 years if budget more limited - then resale large floor plate either way, dont overstretch. keep some buffer. holding power is the key.

[@steventay5834]

Now is not a good time to buy. Prices are very high and these were inflated by Covid and may not be sustainable. Developers also not bidding for some land. Enbloc activities also subdue.

[@steventay5834]

​@@junjun906What makes you so sure prices will appreciate by 20-25%? Market bull run last few years. Hence many make money. But there is a sign the bear market is approaching

[@quanquan7708]

His advise is that Singapore private properties only go up over time, except crisis scenarios. Should adopt a BUY BUY BUY attitude, but only substantial research of the right property

[@steventay5834]

@@quanquan7708 There is holding costs. And if this is your 2nd property, there is ABSD. And if you rent it out, there will be a vacant period, property tax, income tax, mcst fees, agent fees, etc.. And not forgetting the opportunity costs. Now is not a good time to buy