NOTG - Nuggets on the Go by PropertyLimBrothers

#15 Cracking the Condo Code: The First 5 Steps to Assess a Singapore Condo’s Investment Potential

Venturing into the private property market may be an unknown territory for most first-timers. How can you be prepared to take on analysing property by yourself? On this episode of Nuggets On The Go, Melvin Lim from PropertyLimBrothers shares valuable insights gathered throughout 17 years of industry experience and through PLB’s Research arm.Learn how to take advantage of online tools such as Streetdirectory and Square Foot Research, before diving head first into finding your next property. Find out about our thought processes, methodology and our proprietary MOAT Analysis Tool, all on this week’s Nuggets On The Go!(00:00) Introduction(01:47) Analyse a condominium through Square foot Research(03:16) Take note of the tenure?(04:49) Take note of the number of units?(06:06) Why transactions and popularity are important? (Webinar Clip)(09:38) Transaction volume in the last 6 and 12 months(11:03) Check listing of the property through PropertyGuru(13:06) Transactions of Kovan Melody(13:31) Entry-Exit(15:24) Why some projects perform better?(19:50) Kovan Melody performance (Past - Present)(21:04) Behaviours of Condominiums(30:37) Buy in during uptrend or downtrend(31:35) Comparing projects through MOAT Analysis(33:14) Consult with PLB(33:37) Conclusion(33:58) BloopersWatch the video on our NOTG YouTube Channel:https://youtu.be/g9gHEaVYjVM

#14: ABSD Hike Here to Stay? + Perspectives on Integrated Projects and Varying Rental Rates

A brief discussion recently on the ABSD rise, we’re going more in depth on what this increase could mean, not just for private properties but HDBs as well. Melvin Lim and Yu Rong are joined by articulate Mikaela and everybody’s friend, Beng Yew, to discuss not only the pressing topic of ABSD, but integrated developments as well as the rental market. Will those in the sidelines stay forever priced out of the market? Will rentals continue to rise? What about why some but not all integrated developments seem to do well? Get your snacks ready as we answer all these burning questions, in bite-sized chunks, on this week’s episode of our Banter style Nuggets On The Go!(0000:00) Introduction(00:02:52) Mikaela's Accent(00:05:30) Beng Yew was a flower salesperson(00:06:29) Topics to cover(00:08:55) HDB prices rose further (5-room flats)(00:12:20) Govenrment further raises ABSD rates(00:15:10) A lot of foriegn buyers buying OCR Resale(00:19:56) ABSD hike on housing market could go two ways(00:22:03) Three different countries (Would you invest?)(00:36:47) Foreign buyers pick up 4 units despite doubling in foreigner ABSD Rate(00:40:51) Blossoms By The Park unit prices(00:45:55) Are Integrated Projects overpriced?(00:52:25) Yu Rong's Watertown story (00:53:33) Integrated Projects audience(00:54:02) Beng Yew's Mr Coconut story (Watertown)(00:56:12) Disparity Effect (Integrated Projects)(01:01:39) The Woodleigh Residences (Integrated Projects)(01:09:10) The Woodleigh Residences or Park Colonial(01:10:41) Predictions of average PSF of an OCR new launch in 2028(01:14:47) Highest PSF done in the last 6 months(01:16:29) 5-room HDB flats rental rates(01:25:25) Singapore residential property supplies(01:29:51) Are we trapped?(01:33:34) Topics to cover next episode (01:33:57) Conclusion(01:34:08) BloopersWatch the video on our NOTG YouTube Channel:https://youtu.be/4BAaeaYdEVg

#13: NEWEST ABSD cooling measures - The complete breakdown!

NEWEST ABSD cooling measures - The complete breakdown! | Melvin Lim | NOTG The new reality of up to 60% ABSD released on 27th April 2023 had many wondering what this will mean for the future of Singapore’s real estate market. Melvin Lim from PropertyLimBrothers dabbles deep into the likely causes for property price acceleration, and the possible concerns our policy makers had that led to the introduction of the latest round of “cooling measures”. Keep up with the changes and see what Melvin has to say about its potential impact on the private property market, all on this week’s episode of Nuggets On The Go! Don’t miss out on the early bird tickets for PLB’s upcoming Landed Convention happening on 20 May 2023 at Pan Pacific Singapore, where Melvin Lim, alongside 15+ renowned landed developers, architects, builders and brand partners provide data-driven insights and showcase the newest listings in the market!Purchase your tickets while you still can through the link below!https://www.propertylimbrothers.com/landed-convention-2023/(00:00) Introduction(01:43) Increase in marginal BSD Rates (February 15, 2023)(02:23) Adjustment of ABSD Rates for Foreigners(03:47) Acceleration of Price(06:57) Percentage and quatity of transaction(11:33) Total amount of condos and apartments in Singapore(12:54) Melvin's thoughts for the current Singapore Market(14:37) Will this affect the overall price index?(18:11) Melvin's thoughts for this round of cooling measure(20:16) Conclusion(22:08) Landed Convention 2023(23:34) BloopersWatch the video on our NOTG YouTube Channel:https://youtu.be/udcwZorNf2Q

#12: En-bloc Expert Reveals the Cause of Soaring Land Prices!

The PropertyLimBrothers team delves into how developers purchase land, specifically through en bloc sales. To help us understand, we brought in en bloc expert, Mr. Karamjit Singh, CEO of Showsuite and Delasa, to share his insights on this hot topic amongst private property owners. Breaking it down to 3 different perspectives, see through the lenses of existing owners in project with en bloc potential, learn what attracts developers to bid on specific land plots, as well as the risk involved, especially for individual retail home purchasers.With attributes like GFA and ABSD, strap in and find out what are the many factors that influence the en bloc market, all on this week’s episode of Nuggets On The Go Banter Series!(00:00:00 Introduction(00:03:11) When does en bloc happen?(00:05:12) Karamjit real estate journey(00:06:33) Will there be another huge en bloc that will happen?(00:07:52) En bloc sale for Mandarin Gardens & Braddell View(00:09:51) En bloc sales process (For Existing Owners)(00:14:43) How many years is a cycle? (Mega & Mini)(00:16:54) Remaining HUDC properties(00:19:22) Will a developer prefer GLS over en blocs?(00:20:52) 2023 GLS New Launches(00:21:15) GLS pricing prediction(00:28:58) Does it take a lot of effort for the current owners?(00:34:25) Number of Sales Committee (00:37:20) What should you do if you're an home owner in Euro-Asia Park?(00:42:32) What profit margin do developers prefer before moving forward with an en bloc?(00:47:37) What attract developers to bid for a project?(00:53:00) Only one bidder for Lentor Gardens(00:57:42) Are mixed use development projects more attractive for developers?(01:02:25) Being a first owner does it factor into en bloc sales?(01:05:27) How long is the tender open for?(01:06:43) Third time is the charm for en blocs(01:11:49) Pricing for Landed, Private, and HDB(01:23:15) US Bank Crisis(01:26:53) Will home ownership reduce in the future?(01:29:42) Advice for young people(01:33:21) Conclusion(01:34:19) BloopersWatch the video on our NOTG YouTube Channel:https://youtu.be/Df9YRX25Eyo

#11: Is IRAS clamping down on the 99-1 ABSD Loophole?

The NOTG team Addresses some concerning news about 99-1 ABSD “loophole”, as well as foreigners seemingly undeterred by the ABSD and setting up family offices in Singapore. Joining Melvin Lim, Yu Rong and Grayce with some inputs today is Jun Wei, one of our Associate Listing Managers!Understandably so, many are worried for the next generation and whether they will be able to afford public housing. Will there be further divergence from the different property types with the introduction of new cooling measures? Timing the market could mean getting priced out from waiting? Find out our takes on all this and more, on this week’s Nuggets On The Go!(00:00:00) Introduction(00:02:57) '99-to-1' loophole(00:05:58) Thoughts about the latest news of '99-to-1' property deals(00:12:17) High-net-worth foreigners setting up family offices in Singapore(00:13:49) Why do high-net-worth foreigners setting up family offices in Singapore?(00:16:15) Soft to Hard to Harder Asset (High-net-worth foreigners)(00:18:22) Thoughts about high-net-worth foreigners parking their wealth in Singapore(00:20:07) What is the next move for the high-net-worth foreigners in Singapore?(00:23:54) Will the HDB prices plateau?(00:29:51) Will there be a detachment in pricing of other property types from HDBs? (part 1)(00:32:56) How much will you profit of when the upcoming BTOs when it MOP(00:45:01) Is there an undersupply of private properties?(00:46:48) Is it going to be harder to upgrade to private properties in the future?(00:57:18) Will there be a detachment in pricing of other property types from HDBs? (part 2)(00:58:39) Transactions by Purchaser's Residential Status from 2018 to 2022(00:59:42) BTO vs Resale (For young couples what is the fastest route to accumulate downpayment?)(01:07:24) BTO vs Resale (Producers thoughts)(01:13:48) Behaviour of Average Gain of New launch, Resale and TOP properties (01:15:59) What is 26 to 40?(01:16:49) PSF Chart for Sims Urban Oasis, Clement Canopy and Botanique at Bartley(01:21:35) When should you sell? (Botanique at Bartley)(01:24:28) Ki Residences price before and after MRT Station was announced(01:33:23) ConclusionWatch the video on our NOTG YouTube Channel:https://youtu.be/bGt54-KYJA4

#10 Hard vs Soft Assets in Singaporeand how to reap their benefits?

Melvin Lim from PropertyLimBrothers shares our newest comparison charts fresh out of the oven, breaking condo unit sizes down to bite sizes nuggets of information, on this episode of NOTG regarding housing supply.Prices have been increasing and our government has decided to tackle it by increasing the supply of new flats, what will happen to the property market as well as the bedroom types and sizes being developed? And with an even tighter supply of landed homes, why are people still buying them? Tune in to find out!(00:00:00) Introduction(00:01:53) Charts to uncover(00:03:13) Previous Banter episode(00:03:38) Which quadrant does landed property falls into as an investment?(00:03:52) What is Q1?(00:04:08) Which kind of property has the best rental yield?(00:04:18) Two ways of owning an HDB & Private Property(00:05:29) Different Quadrants for Properties(00:08:16) Why are people still buying landed homes?(00:09:42) More BTO Projects (00:10:12) Gold as base currency(00:10:53) Lastest inflation rates in Singapore(00:12:07) Available Landed Stock in Singapore(00:12:59) Landed home is the most restricted supply(00:13:47) Weaker Money going into Stronger Money(00:15:09) Breakdown of Unit Sizes of Private Landed New Launches (All Regions)(00:17:37) Four types of landed home buyers(00:18:55) Number of Landed in Each District(00:20:21) Important note for getting into the Landed Market(00:22:04) PLB Landed MOAT Analysis (00:22:47) PLB Journey Maker(00:23:28) Disparity Effect(00:23:39) ConclusionWatch the video on our NOTG YouTube Channel:https://youtu.be/TQpUKbNe2MY#PropertyLimBrothers​ #notg #podcast

#9: US Bank crises, SVB Bank’s Collapse & TikTok’s Congress Hearing - How did Bitcoin remain resilient?

With the recent bank issues happening in the US, this week’s episode of NOTG is all about the latest news, specifically SVB Bank, Silvergate Bank, Signature Bank and of course Credit Suisse. Melvin Lim, Yu Rong, George and for the first time to the banter table, Marc, discusses feds and interest rates, good and bad debts, the rise of Bitcoin that somehow seemed to correlate with the bank situations. (00:00:00) Introduction(00:04:33) Latest Bank News in US(00:18:48) US Congress session with Tiktok CEO(00:31:27) Money Supply(00:33:44) How is money created?(00:34:56) Money is created when Money is being Loaned by the Bank(00:35:44) Fractional Reserve Banking System(00:36:34) US as Dominant Global Currency(00:37:25) Asset Inflation(00:40:10) Good Debt Versus Bad Debt(00:42:00) Why you shouldn't pay off your property(00:42:20) A Property Investment is a good debt(00:43:13) Inelastic Supply and Elastic Supply(00:46:00) Which type of Property is Softer?(00:47:57) Q1-Q4 Framework to Understand What Property is what Quadrant(00:55:50) People Lose Money in Overseas Property?(00:57:40) Singaporeans should look home ground first(00:58:00) Homework needed and Risk of investing in Foreign Properties(00:58:30) Be careful of Guaranteed Rental Yield of Foreign Properties(00:59:15) Strata Retail Shops Era(01:00:07) No Proper Management Theory and Behaviour of Strata Malls(01:03:42) Hoteling's Location Model(01:11:50) What is BTC?(01:13:10) Bitcoin is fully decentralised(01:14:20) Bitcoin's Supply is fixed at 21 Million(01:14:50) Bitcoin's Characteristics(01:15:28) Why did Bitcoin's price increase when Bank's faces risk in US?Watch the video on our NOTG YouTube Channel:https://youtu.be/yVwo9LCNvus

#8:Tenants priced out! Singapore on the brink of a Hong Kong-like housing crisis? What if cooling measures cause an oversupply?

We’re kicking off this latest NOTG episode with the team answering some of your burning questions posted on our comment section!This week, Melvin Lim, Grayce, Yu Rong and Beatrice talks about new launch projects’ behaviour, policies introduced and potential HDB price plateau following the latest cooling measures as well as the age-old debate: To rent or to buy? Our producers also get to join in the banter! Dive in with us on yet another insightful episode! 🙌#PropertyLimBrothers​ #NOTG #singapore #realestate #property

#7: Will you be able to afford a $2 Mil Property in Singapore?

Melvin Lim, Grayce, George and Yu Rong delve into numerous topics, from their property of choice, to the possible oversupply of resale flats from the “Baby Boomers” inheritance. Will Singaporeans be able to keep up with property affordability? With plenty of caveats going around, leading from one topic to the next, strap in for this insightful and opinion-loaded episode of Nuggets On The Go! 😁#PropertyLimBrothers​ #NOTG #singapore #realestate #property

#6: Will New Launches in 2023 oversaturate Singapore’s Property Market and impact prices?

As the dateline for ABSD inches nearer, developers are releasing new launches. On this episode of Nuggets On The Go, Melvin, Grayce, George and Yu Rong explores whether there’ll be a huge oversupply as developers clamour to clear their GLS land. They’ll also talk about the charts provided by the PLB Research Team on the trends of the market prices, and discuss whether it’s a behaviour rooted in human instinct or logic.Tune in to our second Banter episode!