Why you will regret buying these properties | Eric Chiew Review

[@savvyericchiew]

🔥 Upcoming Webinar "Which upcoming new launch can profit more than 20% p/a" 🎬 Register now! 📌 bit.ly/savvyrich3

[@xyzack99]

bro, propertylimbrother intro tedge lei, how’? 😂

[@citywalkerchuister]

@2:10 TEDGE @5:03 NOMA @7:42 Phoenix Residences @9:25 The Iveria @10:51 35 Gilstead You're welcome.

[@savvyericchiew]

You are the best!! 🥂🥂

[@SulinKoh]

Eric,whats yr view on 3BR Forestwoods or Scala?

[@savvyericchiew]

Scala went up cos of Chuan park. Forest woods must get those inner facing

[@KelvinWong-em9ln]

Remember guys, almost everywhere now is linked to MRT. Which MRT your house is near to is very very important. I would personally go Arcady at boon keng FH or emerald at katong 99 5mins Boon Keng and 5mins tanjong katong MRT respectively. I believe Eric will agree with me. That is the reason why Eric ask us to avoid LRT

[@savvyericchiew]

🙌🏼

[@lynnlimchoo8116]

Where to download the table to see whether you profit or not? Thank you

[@savvyericchiew]

Link in the description

[@likahruiful]

As per edgeprop, huttons lee tze teck said only 14.2% of unsold units for all the lentor projects launched for sale so far (2,477). Does this takeup indicate no oversupply/overhang?

[@Yzdrd]

The cost u also need to take in the int loss on down payment and progressive payment. Not only agent fee.

[@savvyericchiew]

I have factored in too 🙌🏼🙌🏼

[@edwinqwekify]

Dear Eric, what's your view on trevista? Thanks a lot

[@savvyericchiew]

It’s popular but need to know Orie price to determine which one has better value

[@edwinqwekify]

@@savvyericchiew thanks Eric . What should the walkway price be for the Orie?

[@savvyericchiew]

@ will review soon

[@RealRandomVideos]

what is your view on Vue 8 residences? advisable to buy there for PR? any specific unit to look out for? Thank you..

[@savvyericchiew]

🫣🤢🥴

[@andrewl2033]

Kovan melody or sunglade 3BR better?

[@savvyericchiew]

Compare the transaction price and decide the price from there

[@singho1267]

Eric, i need your advice!! For first time buyer ( already have resales HDB) , should DPS target EC or just go to condo? Thank u!🙏

[@savvyericchiew]

Go straight to condo 👍👍

[@Junnie-k3x]

Hi Eric, what's your take on ground floor units? 2B2B Amber park ground floor bought in 2021, keep or sell?

[@savvyericchiew]

1br and 2br are good start but never keep them. Upgrade to at least 3br or 4br for better appreciation 👍

[@Junnie-k3x]

@@savvyericchiew thanks for the advice!

[@tanpingyi4771]

Yishun newly MOP-ed EC can buy?

[@savvyericchiew]

Buy other ECs with mrt 👍👍

[@tanpingyi4771]

@@savvyericchiew bro.. mrt got track noise leh..

[@sukducc1070]

What do you think of Meraprime at Tiong Bahru? Can invest or not?

[@savvyericchiew]

Depends on size and entry price

[@jesst1952]

Hi Eric, I can’t find any reviews on Sky Everton from you. Possible to Huat as the 2nd buyer for 2b 2b at 624sqft? 🙏🏻 thanks v much 🤗

[@savvyericchiew]

😫🤢🫣

[@AshleySeow32]

Hi Eric, what is ur view in citylight? Still possible to Huat kueh

[@savvyericchiew]

Depends on size and entry price

[@AshleySeow32]

@@savvyericchiew 1400sqft. What should be e entry? 1800psf isit too high

[@ericchang7934]

Hi Eric, can ask for your advice on resale condo?

[@savvyericchiew]

Sure!

[@ericchang7934]

@@savvyericchiew how do I go about this? Thanks

[@savvyericchiew]

@@ericchang7934 My team will send you 1-1 info here bit.ly/savvywa

[@jiayi7722]

Hi Eric can I buy resale EC Parc Life? Budget is 1.2m😢

[@savvyericchiew]

If you are Sembawangians 😆

[@byng138]

for 35 Gilstead , please note some bought from the TA corp developer at their cost price they may be waiting to cash out to suckers.

[@savvyericchiew]

Will do some research on that! Thanks!

[@lexus46488]

Why does the nett profit in your example not include buyer stamp duty? If you include that, the percentage return should be much lower than what you showed.

[@savvyericchiew]

I have included everything. Sadly many ppl used the spreadsheet and changed my formulas 😢

[@lexus46488]

@@savvyericchiew I'm not using the spreadsheet, I'm referring to the example you gave in the video at 5:37. Nett returns is supposed to be lesser, so the Nett returns/downpayment percentage should also be lower.

[@heckgive]

For condo/new launch ec, how much pool facing premium worth it? 2-3% ? Looking to buy Novo EC

[@savvyericchiew]

Depends on size usually 50k on average

[@huat1998]

Eric, chuan park or emerald, which one you more bullish about?

[@savvyericchiew]

Will review soon 👍

[@xavierlimrj]

Hi Eric shifu, what’s your thoughts on Affinity at Serangoon 2B? For a first property

[@savvyericchiew]

Start 3br better in further OCR

[@ddtoh6332]

Which will be more advisable: Forestville, Visionaire, brownstone? Grown up north and limited $ 😬😬

[@savvyericchiew]

If not allergic to mrt then get something near 👍🏼

[@shinycopper]

do the excelsheet account for buyer stamp duty?

[@savvyericchiew]

Yes but I realised some ppl edited it and destroyed my formulas 😢

[@shinycopper]

@@savvyericchiew maybe you can upload again and remove permission to edit the no one can destroy your formula

[@savvyericchiew]

@@shinycopper trying to find this option lol.

[@shinycopper]

@@savvyericchiew When you click share, under general access (anyone with this link), beside there is an editor. Change the editor to viewer so anyone that has the link can only view.

[@bern83]

hi eric, do u have resale condo calculator? thanks

[@savvyericchiew]

To calculate what?

[@ChinHongTeoh]

Is novo ec a good investment

[@savvyericchiew]

Will review soon

[@jiayi7722]

Hi Eric iNZ residence can buy? Thank you in advance🙏🏻🙏🏻🙏🏻

[@savvyericchiew]

Yes if you are CCKians

[@jiayi7722]

@@savvyericchiew 😂 thank youu

[@candychua5681]

Hi Eric, hope you will review Bagnall haus!! 🎉🎉

[@savvyericchiew]

@@candychua5681 eeeeee 🤢

[@mmy2955]

Hi Eric, will there be a review on Novo Place EC? Would like to hear your view if this will be a huat project.

[@savvyericchiew]

Sure! When is it out

[@mmy2955]

@@savvyericchiew preview on 2 nov booking on 15 nov. Thanks Eric!

[@ChinHongTeoh]

Isit a good investment it's 1600psf

[@savvyericchiew]

@ no one buys EC for investment 😆 cos need to hold for 8-9 years

[@mmy2955]

Hi Eric, looking forward for your novo place review. Thanks and appreciate it

[@lilpudding9449]

Can anybody tell me what’s wrong with Changi Road…

[@savvyericchiew]

Not Changi road, I mean project names starting with Changi 😆

[@Theselm]

Does mean they are good buys now?

[@savvyericchiew]

There’s always good deals if you know where they are 🙌🏼🙌🏼

[@Boobee2-lf2id]

Where to get the spread sheet😅

[@savvyericchiew]

In the description 👍

[@Shaun-pe1gz]

Is the 2% used in the formula really sufficient to account for fees, interest etc?

[@YokNg]

just BSD alone already more than 2%

[@savvyericchiew]

I have factored all expenses in already. Just note that I just realised the spreadsheet can be edited by everyone so someone changed all my formulas 🥲

[@Good_Luck-v5u]

Hi, I really enjoy ur video. Everything is so transparent, sincere and lastly entertaining. I just went to nova place EC, everything seems good till I saw the carpark is only 50%, what do u think of this?

[@savvyericchiew]

50%?? I haven’t go showflat yet

[@Good_Luck-v5u]

@ Total unit:504 Carpark lots:255 (249standards, 3EV, 3 Accessible) With your experience, how would u rank this 3EC in profit order: Altura, Lumina Grand and Nova Place? Thank you

[@savvyericchiew]

@ let me do the review soon 👍🏼

[@jimmychua5689]

What you think of Skysuites at Anson

[@savvyericchiew]

😫🤢🫣

[@fionahan1617]

@@savvyericchiew haha why

[@danysl2008]

What’s your crystal balls now for one new condo that sure can generate 20% pa next 3 years? Will mark your word and check back 3 year later in Oct 2017.

[@savvyericchiew]

Why 2017? Should be 2027?

[@kaliyaperumaldeepan85]

Where is this ?

[@savvyericchiew]

Which one?

[@sureshkumar954]

So so hilarious... Thank you for the uncontrollable laughter... I notice they r all boutique developments. Can u do one video on midsize developments which have flopped?

[@savvyericchiew]

Sure tons of them! Let’s do next episode!

[@Lish-mk4jk]

@@savvyericchiew except CCR and Sentosa, can find still?

[@savvyericchiew]

@@Lish-mk4jk many many

[@wzc8886]

If agent sell me Lentoria, need to report, block and delete their contact?

[@savvyericchiew]

😂😂

[@Pentellization]

Which development is this? Looks so nice 😮

[@savvyericchiew]

Which one?

[@byng138]

D14 is a no no la bro , Bankers do not even give attractive loans

[@savvyericchiew]

😆😆

[@KelvynLau-e3y]

Huat Kuay! Euhabitat can buy? 😝

[@savvyericchiew]

🫣🤢🫣

[@JCx-dj4tw]

Good information. Thanks.😊

[@savvyericchiew]

Welcome 😊

[@AbcBakery]

Eric, where is Emerald at Katong review?

[@savvyericchiew]

Maybe next week

[@nicholasyeow619]

How about Jade Residences good for investment? How about with ABSD, still okay?

[@savvyericchiew]

Double 🤢🤢

[@aly5130]

is the bank interest included in the net profit already?

[@savvyericchiew]

Of course! 👍👍

[@chinminghao9192]

But bank interest fluctuate yearly, how to account for this?

[@yh4861]

any suggestions for the current BTO? (for the poor young adults that are beginning their property journey)

[@savvyericchiew]

I prefer the normal 5 years MOP type. Choose 5rm in the priciest location 👍

[@yh4861]

@@savvyericchiew Most expensive is pasir ris, but the applicant rate so far is the highest. I am thinking of sengkang 5rm because its more likely to get. Earlier I get my BTO, the earlier I can start my private property journey.

[@victoryleo1981]

The last case is very rich person lar. $3.8M is way beyond mass market buyers. He can afford to lose 300K.

[@savvyericchiew]

Sad thing is having so much resources in the best time (Covid) still lose money 😭

[@lilyli-or3ov]

Very blunt, but he teaches, that's the more important thing!

[@savvyericchiew]

🙌🏼🙌🏼

[@YuHsuanHo-ww9hv]

lol but bro, after looking at those property which made lots of money is not suitable for my own stay. I want to stay in CCR or RCR and reach office fast. Those OCR I cannot tahan when I need to travel 1H and the crowd. In this case how should I balance between my needs and investment. or is it true that CCR is not popular anymore to locals

[@savvyericchiew]

There are very few and limited good CCR condos. However there are a lot of good RCR ones which you can consider 👍

[@YuHsuanHo-ww9hv]

@@savvyericchiew thanks huat kuey boss. I am looking at continuum and meyer. or else second hand.

[@Pianist7137Gaming]

@@savvyericchiewwhich are the good CCR new launch/resale condos?

[@savvyericchiew]

@@Pianist7137Gaming this is taught in the 2 days program. There’s lots of factors 👍

[@savvyericchiew]

@@YuHsuanHo-ww9hv resale is always a good alternative 👍

[@cs-aesthetic-clinic]

Hihi Eric, D16, Jalan Kathi Landed can buy…?? 😀

[@savvyericchiew]

D16 is good too. If possible D15 is even better 👍

[@cs-aesthetic-clinic]

LIKE ❤️ means Approval ya…?? 😃😃

[@cs-aesthetic-clinic]

@@savvyericchiew D15 never see anything I like leh…also limited budget 💰💰 lah…😆😆

[@priscillaleong898]

@@cs-aesthetic-clinichii my uncle place for sale at d15 if u keen 😬

[@pusheenmao]

buy Treasure resale now still got chance to become huat kueh?

[@savvyericchiew]

Depends on type and entry price

[@pusheenmao]

i couldn’t get a BTO and my resale HDB just MOP.. late to the huat kueh game but learning from the best. don’t wait to buy! thinking of getting 4br but $2.2m 😮

[@barcaewok7229]

V v depressing yet hilarious video. So sad see the SSD PORTION. Lol

[@savvyericchiew]

@@pusheenmao you are a Huat kueh!

[@savvyericchiew]

Our roads so clean because of him 😆

[@acethefist5289]

It’s kinda annoying to see iquadrant ads prior to watching your videos 😂

[@savvyericchiew]

Targeting you to buy overseas 😂😂

[@SoltariTrooper]

Lose so much$$$ until your dog don't even recognise you. 😂😂😂

[@savvyericchiew]

😂😂

[@lynnlimchoo8116]

They are cutting losses?!

[@savvyericchiew]

😢

[@shaoqunzeng807]

You forget Stamp duty, interest and lawyer fees

[@savvyericchiew]

Included already 👍👍

[@wszzz3391]

@@savvyericchiewfrom your calculation. Seems only agent fee included 😮

[@poshcode11]

@@wszzz3391it is under the DP

[@savvyericchiew]

@@wszzz3391I realised all my formulas are edited by users and it’s corrupted now 😢

[@jkalmon]

Verticus in Eric eyes big?

[@savvyericchiew]

🫣🤢😫

[@jkalmon]

@@savvyericchiew but got tennis court

[@savvyericchiew]

@@jkalmon I did the research and it’s bad too 🤢🫣😫

[@sepa3740]

New condo overpriced feel pinch after new BTO launches in next 5-10 years

[@savvyericchiew]

😆😆

[@kimberlyc6612]

Any advice on Parc Greenwich?

[@savvyericchiew]

All ECs make good profits 👍👍

[@chinminghao9192]

Realized that all projects are less than 100 units

[@savvyericchiew]

I guess you have learnt something today! 👍

[@martinlee2286]

NOMA? More like.. noma-ney! No money 🌚

[@savvyericchiew]

lol this is a good one 👏👏

[@hgft274]

If One Pearl Bank made the bad list, means The Landmark hongkan liao....

[@savvyericchiew]

Watch my Landmark review 😆

[@lawrenceklk8005]

Nice video!

[@savvyericchiew]

🙌🏼🙌🏼

[@luckyeggsolar2914]

Tedge window at kitchen nia

[@savvyericchiew]

🤢🤢

[@thefairplayer]

8:42

[@VerneloYT]

Buy Noma left nomaney already

[@savvyericchiew]

lol you funny sia 😂

[@geraldzhu1946]

come on…. Interest not calculated

[@savvyericchiew]

It’s factored in already 👍🏼👍🏼

[@edwardlumsianming3430]

Even the animal kingdom disrespects the owner😢

[@savvyericchiew]

😂😂

[@lauratan7674]

If you factor in the high inflation last few years which worsens their disappointing returns, wah really disgrace to ancestors 😂

[@savvyericchiew]

Unfortunately it’s true to say that 😢

[@todustyoushallr3turn]

Woohoo Chuan Park has tennis court! Eric, I'd bet it will be one of your recommended new launches for 2024 (and I guess we will find out soon) :)

[@savvyericchiew]

I going to showflat to do some filming soon 👍

[@yongmengtan8827]

Thank you

[@savvyericchiew]

🙏🏼🙏🏼

[@luckyeggsolar2914]

Eric huatkueh thumbs up ur video!!

[@savvyericchiew]

🥳🥳

[@guangling3130]

So cute you video bombom turning away from you

[@savvyericchiew]

He ignore me when I invest wrongly 😆

[@Alyssa方]

Hello Huat kueh!!

[@savvyericchiew]

Yo yo! Cute golden! 😆

[@tttlol712]

Why condo with tennis courts will earn money? 😀

[@AshleySpace1111]

Because only big project will have tennis court

[@savvyericchiew]

What a good answer 👏👏

[@Lish-mk4jk]

wahlao eh I like my Geylang property why u go call so many of them in that way lol

[@savvyericchiew]

😂😂

[@Buttercookiesssss]

My estate has tennis court but chuiiiiii.... Skies Miltonia

[@savvyericchiew]

🥲🥲 quickly sell and buy better ones 😆

[@Buttercookiesssss]

@@savvyericchiew 😂 😂 😂 GG

[@MrDeehkt]

lao lan sia this guy.... comment comment la.. so sacastic for what.

[@savvyericchiew]

you bought one of these 5 projects? 😆

[@JxFx22]

ping ping pong pong hahahaha

[@savvyericchiew]

😂😂

[@vanl7178]

@savvyericchiew Will you be talking Novo Place?

[@savvyericchiew]

Sure!

[@vanl7178]

@@savvyericchiew Thanks.

[@huameiling]

gua gua gua😂

[@savvyericchiew]

😂😂