NOTG - Nuggets on the Go by PropertyLimBrothers

#52 What Happened When I Timed The Market - My Mistakes and Lessons In Real Estate

Ever made a costly mistake in real estate or investments? In this episode, Melvin Lim from PropertyLimBrothers shares his story of regret regarding the purchase of his jumbo HDB apartment and how he eventually incurred a financial loss; which was the result of timing the market. Melvin reflects on his property portfolio, talks about his personal anecdotes in his real estate journey, whilst putting his lessons into practice to create PropertyLimBrothers. He also speaks about how learning about property investment frameworks have helped him made better investment decisions.To understand more about the balance and between the happiness index and the investment methodology index and their respective significance, be sure to watch this episode of Nuggets On The Go!A shoutout to all who have joined our NOTG Telegram channel, thank you for your support! If you’ve not joined yet, don’t miss the conversations anymore! Join our NOTG community at t.me/notgpod. Stay up to date with our upcoming webinar dates on propertylimbrothers.com’s webinar tab!(00:00:00) Intro(00:01:38) Melvin's first home(00:02:27) Fundamental framework in buying a property in Singapore(00:06:44) Power of Reinvestment: Leveraging your first property for future expansion(00:10:25) Having confidence and understanding for investing into a property(00:17:04) PLB Assembly(00:18:54) Closing thoughts(00:21:02) Outtakes

#51 The Owner-Occupier Concept, Real Estate Controversies, & Future Floor Plans with GFA Harmonisation

We’re back with Part 2 of our AMA series on Nuggets On The Go! Some burning questions include: What are the implications of kick-starting the real estate journey with a condo or HDB first, and how would it affect the ability to ‘own’ both concurrently? Find out more about the ‘owner-occupier’ scheme and the investment dilemma of choosing between resale vs. new launch and property types.Curious about the pricing dynamics across different regions? Is HDB allowing million-dollar valuations? What about the future of penthouses? Is a penthouse a better investment avenue compared to a landed property or a shophouse? And how will the new GFA harmonisation rule affect the availability of such penthouse layouts in the future? Tune in for insightful discussions and practical advice!On that note, do remember to join our brand new Nuggets On The Go Telegram channel at t.me/notgpod, where you can stay up to date and connect with our community. Keep the questions flowing, and you’ll see them answered on Nuggets On The Go!(00:00:00) Intro(00:01:36) HDB owner-occupier scheme(00:07:27) Hold on to Condo and buy HDB(00:08:13) Best option for Singles(00:09:42) Small penthouses(00:12:29) Invest in a Landed or Shophouse(00:16:56) Boutique vs. Large Size Developments' valuation(00:19:02) Human psychology(00:23:15) New launch prices controlled by developers(00:28:09) New launch prices are the same in all regions(00:32:24) HDB matching valuation with million dollar flats(00:34:05) Is Dunman View still a good buy?(00:40:50) Young Singaporeans will be priced out in future(00:43:24) Outro(00:43:56) Outtakes

#50 Lentor’s Rejuvenation and What the URA Floor Area Harmonisation means for Buyers

You’ve probably heard a lot about Lentor’s rejuvenation, but what is it all about? In this episode of NOTG, Melvin Lim from PropertyLimBrothers explores the development and transformation of Lentor—once a sleepy town, now projected to become a thriving estate in the years to come. Let Melvin explain more about our government’s focus on injecting residential zones in this area.Lentor is poised to be a new concept in townships for private properties, collectively rejuvenating the entire Thomson-Yio Chu Kang-Ang Mo Kio region. Among the new properties being built in Lentor, four land plots have already been acquired by GuocoLand; known for their much-anticipated integrated development, Lentor Modern. This project will feature retail, residential spaces, and direct connectivity to the MRT. We are also eagerly anticipating their latest project, which will occupy the largest land plot in Lentor: Lentor Mansion.The Lentor area has experienced strong sales, as indicated by the performance of Lentor Hill Residences and Lentor Modern. However, with new projects, where the new GFA Harmonisation will take effect on, prevents developers from "selling" A/C ledges to buyers. While this will simplify understanding property prices for developers and consumers, it may result in a higher PSF price at a potentially similar quantum. This change could also lead to a shift in unit sizes for future projects. That being said, let Melvin's analysis between new launches and resale properties in the area help you decide which project to kick-start an investment.(00:00:00) Intro(00:00:41) Lentor new township(00:03:47) 2024 New Launches(00:04:41) Lentor’s Transformation(00:07:17) 1km radius | CHIJ St Nicholas Girls' School(00:08:18) Lentor Mansion(00:09:50) Guocoland Project | Guoco Midtown(00:11:21) Key USPs of Lentor Mansion(00:12:19) Lentor Surroundings(00:14:14) King of Lentor(00:16:53) Harmonisation Rule(00:27:33) Lentor’s Potential (00:29:38) How townships are developed(00:31:58) Supply Factor : Macro or Micro(00:41:27) Lentor Projects | Resale vs New Condo(00:47:41) Disparity Gap(00:48:29) Wrap Up

#49 Understanding PPI, Impacts of The 15-month Cooling Measure and 2024 Predictions

NOTG Banter is back for the first time in 2024! First thing’s first, Melvin Lim, Yu Rong, George and Joan from PropertyLimBrothers discusses Singapore’s Property Price Index (PPI) across all property types, in reference to the latest flash estimate for Q4 2023.Today in a very insightful episode: The team analyses the impact of last year's cooling measures and explore the performance of different regions, the effects of the 15-month rule introduced in September 2022, the potential outcomes if the PPI increases by a single digit or takes a dip into the negatives; and many more!Find out what the team examines and predicts for the 2024 real estate market, as they highlight the significance of holding onto real estate as an asset, especially in times of economic downturn. If the PPI experiences a dip, we discuss how it might present an opportunity for strategic real estate investments.Exciting news! We're thrilled to announce the launch of our new Telegram community channel! We’ve been receiving lots of questions from you and we want to respond swiftly! Share your thoughts—we want to hear from YOU!(00:00:00) Intro(00:02:34) George got chickenpox(00:03:37) Property price index graph(00:07:55) Volume of transactions(00:16:41) Propertylimbrothers Website New Tools(00:17:05) Does cooling measures impact the market?(00:22:23) Foreigners hunting for 60% ABSD(00:23:13) Predictions for landed properties in year 2024(00:24:53) Categories of landed properties(00:28:10) Easier to analyse a landed property(00:29:24) Summation of landed property price index for 2024(00:40:50) New NOTG Telegram Community Channel(00:44:09) 15-months ruling(00:51:06) Decision Matrix(00:59:00) After 15-months(01:03:24) Clearing out unsold condo units(01:12:26) Unsold completed condos(01:13:00) New launch or resale?(01:15:33) When the market dips, Buy or Sell?(01:20:59) Outro(01:21:15) Outtakes

#48 Portfolio Expansion, HDB + Condo Ownership & Ideal Rental Yield Properties

Thank you, NOTG viewers, for all your questions! Please keep them coming! In the meantime, Melvin Lim from PropertyLimBrothers answers a few more questions you've sent in!Some questions that you may relate to: What are the best property portfolio expansion strategies? How do you "own" one condo and one HDB at the same time?Stay tuned for another insightful discussion on more real estate strategies and considerations for future property investments!As always, please send in your questions via the comment section on Nuggets On The Go, email us at insights@plb.sg, or drop us a DM on the NOTG Instagram page. Also, sign up on propertylimbrothers.com to stay notified about our upcoming webinars and ensure you don't miss out on any real estate know-hows!(00:00:00) Introduction(00:00:56) Strategies for expanding of portfolio(00:05:07) Couple owning HDB and Condo(00:08:40) PR owning HDB and Condo(00:09:28) Moving from EC to freehold landed(00:10:54) Website Update(00:12:18) Choosing the right landed home category(00:15:50) Are Condos and Resale ECs treated the same?(00:18:49) Advice for first private property(00:24:22) Closing thoughts(00:24:56) Outtakes

#47 Ask Me Anything Episode 2 | NOTG

Welcome to Part 2 of “Ask Me Anything - Real Estate” on Nuggets On The Go! Melvin Lim from PropertyLimBrothers addresses some of our viewers’ dilemmas like future rental yields with people moving to JB, saving up to buy a house in the future or buying one in the near future. 2024—are we in a buyer’s or seller’s market and why? What decision-making factors to consider entering the real estate market? Find out what Melvin thinks!Don’t forget to leave your questions in the comment section for our future AMA sessions! Look out for more NOTG Banter episodes and a new series coming real soon. Stay tuned for a year filled with exciting content on Nuggets On The Go!(00:00:00) Introduction(00:01:18) Train from Singapore to Kuala Lumpur(00:07:24) For 2024, New Launch Condo or Resale Condo?(00:09:17) Responsibilities that come from owning a home(00:11:29) HDB Owner-Occupier Scheme(00:12:57) Is now a Buyer's or Seller's market?(00:14:54) Outtakes

#46 Property Stagnation Concerns, Market Adaptation & Mortgage Package Selections... HOW?

Welcome to the first NOTG episode of 2024! Melvin Lim from PropertyLimBrothers answers some of your burning questions about real estate in Singapore, from stagnant properties to the nuanced considerations of decoupling and more!Tune in for a wealth of real estate knowledge and strategic insights that will guide your property decisions and elevate your understanding of the market. Have you thought of any questions you have yet to obtain answers to? Leave a comment below, and we’ll address more of your inquiries in NOTG: AMA Part 2!(00:00:00) Introduction(00:01:02) Foresta resale price stagnating(00:06:07) Two 99 years condo or One freehold 999 landed?(00:08:02) What is pairing strategy?(00:10:17) Go into a TOP project who has gone up(00:14:07) 10 steps in MOAT Analysis (00:14:51) TOP in Woodleigh or Older projects in Central Location(00:17:29) Comparing the Two Mortgage Packages(00:19:28) 3-Bedder for $1.2 mil in North East Region(00:20:28) Which has a better growth potential? Freehold Condo or Landed?(00:22:44) Formula for Absorption Ratio(00:25:35) Next episode's teaser(00:25:51) Outro(00:26:17) Outtakes

#45 Life Lessons I Learnt From My Property Investments | Melvin Lim

This last Nuggets On The Go episode of the year is a little bit close to home. Let Melvin Lim from PropertyLimBrothers take you on a trip back in time… his time—between 2004 to 2023; on his real estate journey.Melvin shares his timeline from mastering the fundamentals of property investing, to crafting innovative frameworks like the PLB MOAT Analysis, Trifecta, and Prime Hexagon, with pain points that contributed to his personal growth and the foundation of PropertyLimBrothers.NOTG would like to take this opportunity to thank you, our audience, for your support and viewership thus far! We’ll see you in 2024 for more real estate know-hows!(00:00:00) Intro(00:03:13) Melvin's first property(00:05:12) Melvin got into real estate industry(00:06:47) Post Lehman Brothers Crisis(00:09:14) Bought a Jumbo HDB(00:10:30) Invested in a Private Property(00:12:04) Invested in a Overseas Property(00:13:21) Invested in a Commercial Shop(00:14:21) Start of PLB(00:15:49) Learning from the mistakes(00:19:22) Conclusion(00:20:04) Outtakes

#44 Cracking the Condo Code 9: What Makes Singapore Real Estate Different Yet Lucrative?

What contributes to the gradual price movement of Singapore’s real estate market? What fuels its demand? To explain, Melvin Lim sheds light on the elements that shape and secure Singapore real estate, through the “economic moat” concept—a concept often attributed to Warren Buffet.Find out about the key foundations that make Singapore’s market the way it is on a macro level, so you can make make micro decisions for your real estate investment journey in 2024.Thank you for watching NOTG.Merry Christmas and a Happy New Year!(00:00:00) Intro(00:00:56) Popularity of Moat(00:02:26) 1. 15 Cooling Measures(00:04:56) 2. Limited Land Supply(00:06:13) 3. Population(00:06:58) 4. Policies(00:08:10) 5. No Oversupply(00:09:10) 6. High Ownership Rate(00:11:54) 7. Strong Governance(00:12:05) 8. Global Financial Status, 9. Strong Expats Pool(00:12:54) 10. Grants(00:17:49) Hidden Stability Engine in Singapore Real Estate Market(00:18:10) Conclusion(00:19:20) Bloopers

#43 Cracking the Condo Code 8: Buyer-seller confidence and Interest Rates over a 5-year Cycle

NOTG is back for another episode of Cracking The Condo Code on Nuggets On The Go with Melvin Lim from PropertyLimBrother! This time round, we embark on a journey to uncover the role of interest rates in the 5-year cycles, as we head into a new round in 2024. Find out why interest rates no longer behave in the same predictable manner post-2009, and what to anticipate with the new 5-year cycle set to unfold. Melvin Lim shares 10 key factors that shape Singapore’s real estate landscape, the complexities that make our prices not necessarily reliant on interest rates!(00:00:00) Intro(00:00:50) Disparity Gaps Status(00:03:29) Why do Interest Rates play a big role?(00:08:22) Interest Rates behaviour after 2009(00:09:51) Interest Rates plays with Emotions(00:13:07) Understanding the 5-year cycle(00:23:57) Singapore's Moat(00:25:19) What will happen in 2024?(00:26:30) Outtakes