What will happen to Singapore Property Market?

[@savvyericchiew]

🔥 Upcoming property webinar "Get your 2 undervalued condos in 2023!" 🥳 📌 bit.ly/savvyrich3 🎬 Register now!

[@dtdt1404]

Avenue South Residence is within 10 min walking distance to Cantonment MRT by the green/rail corridor. Cantonment MRT is located at the Tanjong Pagar Old Railway Station which will be commercial building with F&B. It is walking distance to 2 coffee shops/kopitiam and NTUC Fairprice. Radin Mas Primary School is within 1 km from ASR. :)

[@dtdt1404]

Avenue South Residence is within 10 min walking distance to Cantonment MRT by the green/rail corridor.

[@savvyericchiew]

Hopefully the new MRT is out soon

[@abcxyz1242]

Thks Eric for another great sharing. 👍👍👍

[@savvyericchiew]

🙏🏼🙏🏼

[@Janettan1371]

Your views please about Neptune Court? We visited a friend staying there recently and are blown away by the seaview. Flats are spacious and look cheap compared to Laguna Park and Lagoon View. Wondering if I should buy for family to stay. We can do our exercise at East Coast Park 😅

[@savvyericchiew]

Taking Enbloc factor out, it’s old. If you don’t mind you can buy and wait for Enbloc. High risk high gains 😆

[@EcoElfe]

Seeing these old launch price feel so sad lei..But what to do, last time no $ buy lei. Now got $ liao 又舍不得买 coz so exp. Cant go back time. jiat lat 🥴

[@savvyericchiew]

True. We move on to better opportunities 👍 Don’t wait just buy the right property!

[@stingray9225]

I subscribed. Bcos you talk sense

[@savvyericchiew]

🙏🏼🙏🏼

[@ayseraphim]

Hi, Eric. Just subscribed to your channel. Can I still make money on resale flat in prime area like Toa Payoh? May I know your expert opinion, please? Thanks.

[@savvyericchiew]

I don’t recommend resale flat. I shared more in this link and my recommendations kzbin.info/www/bejne/fKi7dop4gNVlgbs

[@chongjantyng9986]

Normanton Park is not by Qingjian. Is by Kingsford.

[@savvyericchiew]

Opps got it wrong. Thanks for pointing out! 👍

[@Jordon-l1g]

hi Eric , if I buy parc clematis 2bed 2bath subsale now , isn’t a good choice for subsale unit? Will I still be able to gain paper profit after purchasing? Please help

[@savvyericchiew]

I won’t recommend 2b2b subsale for OCR though 😢

[@Jordon-l1g]

My budget is 1.4m , look like only can afford 2b2b for subsale. Can you anyhow intro one other choices than this? For Own stay

[@Jordon-l1g]

Currently decouple my ec , so I looking for one more to buy and move in for own stay

[@savvyericchiew]

@@Jordon-l1g $1.4m got many choices. If you need me to recommend, consider my 1-1 program 😆

[@Nicolettengzining]

Hi Eric, what do you think of the potential appreciation for a 1.5mil freehold 3 bedder 904sqft at Trilive?

[@savvyericchiew]

😩😩

[@xiaoyiz3840]

Eric, is there still chance to huat this year’s new launch? Which one is better? Dunman or tempusu

[@savvyericchiew]

Yes I will be reviewing my top 3 launch one by one soon! 🥳

[@emilybong9769]

Eric, thanks for the insight. Do you think is right choice upgrade to resale EC/Condo in Punggol? My HDB mop and could sell it double price now.

[@savvyericchiew]

You are a Huat Kueh! Condos are good choice. If not ex EC will be good too! Plan your numbers to buy 2. If you need my help text my team for 1-1 info bit.ly/savvywa

[@ds68889]

Hi Eric, i plan to buy resale condo this year. Should i wait for all these units to TOP and hoping that it will bring down the resale prices( more supply)? or buy in earlier?

[@savvyericchiew]

Always earlier and not later 👍

[@huilingao2252]

For those new condos that are going to TOP they already make a profit of around 200psf to 300psf or more. Is it still worth buying them as subsale?

[@savvyericchiew]

Subsale for good projects will continue to profit. It’s all about your entry price

[@xtaltoh]

Hi Eric, would like to hear what do you think about Blossom By The Park, is it a hua kuey project? Thanks in advance

[@savvyericchiew]

Will review soon! 👍

[@andrewl2033]

Hi Eric, what do you think of Minton vs Parc Vera? Thanks!

[@savvyericchiew]

😩 vs 😩😩🤢

[@mikebz718]

10:36 Normanton Park developer should be Kingsford Huray Development right?

[@savvyericchiew]

Yes correct! Thanks for pointing out! 👍

[@srisivaraman8063]

Eric - big fan. I am thinking of buying in Park East at Jan Tua Kong for self stay and hope for enlbloc. Any advice?

[@savvyericchiew]

You can calculate the possibility 😉

[@aarone4626]

Boss eric, MOP ec 2bed, 2bed+1s or 3bed you recommend? Thanks

[@savvyericchiew]

3/4br choose the right one for good appreciation 👍

[@wilsontan7391]

Hi Eric! Thank you for your valuable info. Can you talk about the upcoming BTOs for Feb and May?

[@savvyericchiew]

I saw that today. Was thinking whether to do 😆

[@wilsontan7391]

@@savvyericchiew Please do leh. I wanna make the right move to be a faster Huat Kuey

[@savvyericchiew]

@@wilsontan7391 I do my best.. got lots of videos on the pipeline

[@wilsontan7391]

@@savvyericchiew can’t wait !

[@kn283]

Hi Eric. I currently own tenet. If I have a choice between inheriting vacanza (FH) or the Clearwater (LH), which one should I pick? Both 3room, vacanza smaller. I was thinking vacanza. As Clearwater would be around 40yo by the time I inherit.

[@savvyericchiew]

Sadly both are 😩😩

[@kn283]

@@savvyericchiew haha if inherit must choose between 1, then take which one? Freehold vacanza or 40yo Clearwater?

[@kelvynchin1968]

@@kn283 why must decide now? U can inherit in 20 years time , right? So why must decide now? Anyway, vacanza current market price psf is 1300-1400 psf, CW only 1100-1200 psf. So if almost similar size, of course choose Vacanza. CW is nearer to MRT station though. So maybe either own stay or rental might be better. Rental psf wise, Vacanza about 0.50psf higher than CW, although it's 10 years newer.

[@kn283]

@@kelvynchin1968 because parents want to do up will soon and sibling is okay with any. If take Clearwater, I think I will try to sell soon due to lease decay. If take vacanza, okay to rent it out since can hold.

[@savvyericchiew]

@@kn283 take all sell all 😆

[@stacialexisify]

How about Irwell Hill Residences sold same price as AMO?

[@savvyericchiew]

Price is different from PSF. If you bought 2000psf for Irwell then you giant Huat kueh

[@fujitsubo]

tell it as it is dude. If rentals are about to turn with with interest rates a decade long highs AND large TOP numbers, its no brainer this year is probably is the cyclical top considering the large % gains past few yrs

[@savvyericchiew]

Wah, your England too powderful 😂

[@wilsonl2319]

Eric, Sengkang grand resales can buy or not?

[@savvyericchiew]

Depends on entry price

[@wilsonl2319]

@@savvyericchiew 2bed 2 bath is selling at min 2000 now :(

[@savvyericchiew]

@@wilsonl2319 😢

[@jeremychee3821]

Hi eric, what do you think of Peak Residences at Novena? Upgrading from HDB!

[@savvyericchiew]

😩

[@jeremychee3821]

@@savvyericchiew oh man! defo need to learn from your webinar

[@savvyericchiew]

@@jeremychee3821 i conducting my 2 days program today and tomorrow 😂 Next one in 20-21 May

[@Zendefone]

Care to elaborate on why you think prices would continue to go up despite high interest? As monthly mortgage & interest expenses has increased a lot especially on high quantum properties.

[@savvyericchiew]

Because not enough supply and Singaporeans are super damn rich! 😆

[@Zendefone]

@@savvyericchiew thanks for the reply 👍

[@fujitsubo]

@@savvyericchiew instead of just saying arbitrarily, perhaps do a takeup forecast vs supply chart to see net demand. If u can do that u can apply for job at property research firm liao

[@savvyericchiew]

@@fujitsubo nah I’m not working for anyone 😆

[@charlesong88]

Hi Eric, fantastic insights. What do you think of Stratum and The Alps Residence? Thanks!

[@savvyericchiew]

😩😩

[@charlesong88]

😂😂 damn. In your opinion, what do you think of this frame of thought. If I am not able to purchase any of the new launch condo or potential high growth developments, would I be better off getting a resale HDB instead of buying a condo in a not so ideal area? Potentially “saving some cash”. Or you still think that any condo is for sure better than hdb? In terms of value.

[@savvyericchiew]

@@charlesong88 1st condo is most important. Get the right one and you are on your way of huatness! 🥳

[@charlesong88]

Noted, however with a budget of below 1mio, what can I get now?

[@charlesong88]

A unique sitution as I need to move in by Dec 2023

[@jaytan7201]

Eric! Help me! I'm waiting for my One Pearl Bank low floor studio to TOP now. Considering selling to get own stay unit now for family of 3pax (long story lah, but unexpected change of plans). Should I wait for TOP or exit if got buyer?

[@savvyericchiew]

Sell after SSD and TOP.

[@gancc7955]

What is the couple minimum income to buy 2 property?

[@savvyericchiew]

At least 10k. Higher is even better 👍

[@wcl89]

Predictions for The Botany?

[@savvyericchiew]

Check out later at 8pm!

[@weirengoh7541]

No affinity at Serangoon?

[@savvyericchiew]

2024

[@weirengoh7541]

Alamak, where you hear from?

[@savvyericchiew]

@@weirengoh7541 I check online, it says 2024 but still possible for 2023

[@weirengoh7541]

Sad leh if 2024. Delay for my huat kueh 😂. Some more they gonna build BTO just right beside

[@savvyericchiew]

@@weirengoh7541 Affinity is a Huat kueh project. Happy you got it 🥳🥳

[@crystalchi1207]

😂😂😂😂After the Dyson joke, I'am obsessive of your videos 😂😂😂the kid's CCA LMAO

[@savvyericchiew]

🤣🤣

[@samtnt1153]

Hi Eric, please share your thoughts on Leedon Green? Thank you!!

[@savvyericchiew]

😩😩

[@zleejunz]

Hi, I'm newly married and looking to find a first home with my wife. May I know how to start searching?

[@savvyericchiew]

Depends on budget and location then choose the right project and size. If you need my help. Consider my 1-1 consultation. 👍

[@zleejunz]

@@savvyericchiew how do i get connected with your 1 on 1? Thanks!

[@savvyericchiew]

@@zleejunz my team will send you info bit.ly/savvywa

[@BigBigBigBurger]

Hi Eric! What do you think about The Tre Ver ? Just TOP recently 😊

[@savvyericchiew]

I stayed in Potong Pasir and I don’t even like to go all the way in 😩

[@sek898]

@@savvyericchiew ya its quite deep inside. maybe 10-15mins walk to MRT. there is a bus stop opposite but it will loop one round (one directional bus 142) before heading towards MRT

[@savvyericchiew]

@@sek898 it’s a mistake to buy Tre Ver. Because there are still balance units from Park Colonial that time.

[@sek898]

@@savvyericchiew Good point

[@cottonyc]

​@@savvyericchiewHi Eric, glad to know you are staying in Potong Pasir. Any comments on The Quinn for a 2bedder or 2bedder+study? Thanks!

[@cdang8742]

Affinity at Serangoon?

[@savvyericchiew]

I heard is 2024

[@kelk1134]

Wah super huat ah!

[@savvyericchiew]

😉😉

[@yunhuang9452]

dont buy mega project, lift feels like mrt station.

[@Chkhkhk]

Hey Eric, great video. For 2+study low floor at The M, what do you think is a reasonable selling price? Do you think we should hold on for rental or sell?

[@savvyericchiew]

Wait for TOP then sell. Wish you Huat Huat!

[@TheBebemom]

I love your video thumbnail everytime 😂 straight out of a click bait tutorial. Jk but indeed v insightful

[@savvyericchiew]

I paid professional to do all my thumbnails 😉 Good right? 😆

[@yixianlee7530]

Please share your thoughts on hyll on Holland! Thank u

[@savvyericchiew]

🤢🤢

[@annehathaway88]

Wa what punk business they are doing for Parc clematis? Buy and sell at same price smlj

[@savvyericchiew]

🤫🤫

[@AYPChua]

Ya I’m very curious too 😂

[@savvyericchiew]

@@AYPChua 🤫🤫

[@limkimyaw8980]

I am thinking of buying a unit at Windy Heights for my family to stay. What is your view of this property? It is a bit old but really spacious and i like the squarish configuration a lot.

[@savvyericchiew]

Taking enbloc factor out. It’s old and no upside 😩

[@limkimyaw8980]

@@savvyericchiew I understand that the estate recently went through an enbloc exercise. But failed to garner 80% votes. One of my main concern is that if i buy it. And if it were to go into enbloc next round. Won't i have to find another new home again ? 😮‍💨

[@savvyericchiew]

@@limkimyaw8980 you are asking me “Eric, I am a millionaire after enbloc, do I need to buy the next home?” 😅

[@Juliuchia]

Saw almost all your videos Eric and I kept seeing you encouraging folks to get resale condos, but it's kinda confusing. The better resale condos I saw (very often just MOP) were bought at maybe 800k-1.2m and sold for 1.2m-1.5m, est profit of 300k-500k. If we were to buy them at 1.5m now, how are we so sure that the price will increase by another 300k-500k in a couple of years later? If we are sure, then why are people selling and not holding all the way? They could have doubled their profits without selling initially.

[@savvyericchiew]

Depends on project. There are resale condos age 1 to age 20 that can still profit fast. Remember risk comes from your choice of property 😉

[@angdarren5832]

I am always under the impression that Singaporean like to buy new aka off plan and then hold till en bloc😅

[@luckyboboiboy6597]

Hi im from india. 4 families of us r planning to visit singapore for 5n 6days stay Can u pls suggest a genuine site to rent a condo/apartment for a week or so Please Dont have any indian frnd or relative residing there to guide for this

[@savvyericchiew]

Hi welcome to Singapore. Have fun here and enjoy all the amazing cuisine. Hotel is more suitable for you because the minimum rent is 3 months for condos and apartments. Check out booking.com 😉

[@luckyboboiboy6597]

@@savvyericchiew thank u eric

[@savvyericchiew]

@@luckyboboiboy6597 have a fun and safe trip

[@dtdt1404]

hello!

[@savvyericchiew]

Hi hi

[@kingafendikingafendi8897]

Long time ago it's called Kopi Kong/tin now they don't say so much because their rival is building kopi shop empire so they kept quiet calls Kopi Tiam 🤫 , 😅🤣😂

[@tancolvis5240]

This a island so tiny property will just go up

[@savvyericchiew]

True

[@miaoanbang]

Parc Clematis top probably only 2024 first half 😭😭

[@savvyericchiew]

I check end 2023. Let’s hope you get keys earlier 🥳

[@miaoanbang]

@@savvyericchiew my contract in 2020 oct says top end of 2023. My friend contract in 2021 says top end of june 2024

[@savvyericchiew]

@@miaoanbang either Q4 2023 or latest Q1 2024.

[@TheBebemom]

Judging by their speed lol q1 2024 la..

[@tomato3347]

Comparing amount of launch with COVID period, logically does it makes sense? Short of demand and construction during COVID is one main reason driving up the price isn't it 😪

[@savvyericchiew]

Yes correct

[@rithalow894]

i stayed for the meme reference ngl

[@savvyericchiew]

😆😆

[@canonwhale]

Philippe Patek!!

[@canonwhale]

Still feeling very salty about CG dethroning Tenet as your number 1 for 2022 😫

[@savvyericchiew]

Yes yes!! 🤣

[@savvyericchiew]

Actually Tampines EC holds the current record price. Tenet will be very possibly highest record price in 8 years to come.

[@kn283]

@@savvyericchiew can help explain why tenet highest record price for next 8 years? Isn’t the bid price for Bukit Batok parcel A EC more ex? And you think that parcel b beside tenet will be cheaper?

[@canonwhale]

@@kn283 I think he means record price for transactions, so correspondingly on MOP it will fetch top dollar too? I think

[@user-pu8hl7zc8f]

Singapore economy very very very bad 2023. I walk around open my 🧐🧐 is bad!!! 2024 more....... 😞. Everyday look at onemotoring checkpoint everyone understand 🤔

[@savvyericchiew]

Very bad but there are huge number of ppl making from properties 👍

[@the50dollarsman]

Get Eric a Rolex, not Lolex...

[@savvyericchiew]

I like both! 😆😆

[@sgpropertybuyertherapy]

how i wish i have 10% of your intelligent . i will be a millionaire ......haha

[@savvyericchiew]

You can do it too bro! I can’t say I’m intelligent 😆 I can only say I have A LOT OF GUTS! 🤭

[@LonganLee]

Inflation will slow the economy. The rich will get richer.

[@savvyericchiew]

True 👍

[@swanlu]

Avenue South Residence is within 10 min walking distance to Cantonment MRT by the green/rail corridor. Cantonment MRT is located at the Tanjong Pagar Old Railway Station which will be commercial building with F&B. It is walking distance to 2 coffee shops/kopitiam and NTUC Fairprice. Radin Mas Primary School is within 1 km from ASR. :)

[@savvyericchiew]

Seems you have bought it! Wish you Huat Huat! 🥳

[@prophunter8865]

The peak collection units facing sea would have an awesome view! Huat if u bought! But if low floor then 😢😢😢

[@savvyericchiew]

@@prophunter8865 👍