#59: Leveraging Real Estate, Paying Down Mortgage & Property Vs Crypto

The NOTG team answers collated questions from our NOTG group chat on Telegram! Thanks to all our participants for your valuable contributions, which have culminated in this episode.

 

Melvin Lim, Grayce, Yu Rong, and Joan discuss the ripple effects of the new harmonisation rule on the perception of buyers. Because of the 'adjusted' PSF prices, it might change the way buyers look at a property's size in the future. The team also talks about the power of leveraging real estate as good debt and paying down your mortgage—should you or should you not? Find out the answers to your questions right here!

 

Want to be part of the discussions about all things real estate? Then join our NOTG Telegram community at t.me/notgpd, where like-minded individuals discuss everything about Singapore property. The NOTG team is inside to answer all your questions!

00:00:00 Introduction
00:01:29 Harmonisation
00:05:34 Shift in sizes after harmonisation
00:07:19 Harmonisation PSF & Lentor Mansion Performance
00:15:55 No 1-bedders in Lentor Mansion
00:16:36 Pay down a mortgage or leverage
00:24:52 What will happen if interest rates goes down.
00:25:35 Money is a form of energy
00:28:24 Bitcoin surpassed silver
00:30:19 Leverage on good debt
00:33:02 Afraid of money
00:35:48 Yu Rong's bad investments
00:39:05 Bitcoin is a asset
00:40:46 Understand your investments
00:43:31 Next Episode...
00:44:00 Outtakes