NOTG - Nuggets on the Go by PropertyLimBrothers

#42 The Art and Science of Investments in Singapore Real Estate — Part 2

Join in as the NOTG team dives into part 2 of the art and science of real estate investments! Melvin Lim, Yu Rong, Grayce and Joan from PopertyLimBrothers talk new launch performances according to buyer behaviour patterns, leading to market highs in OCR areas. From dissecting the allure of 2+ study layouts to understanding pent-up demand driving highly anticipated mixed developments like Amo Residence and Lentor Modern, they explore the intricate factors shaping buyer preferences and investment choices.The team also discusses about how some Singaporeans to invest in new launches despite economic uncertainties, shedding light on their deployable income and the psychological influence of FOMO in the market. The discussion extends to forecasting the stabilisation of Fed rates by 2024 in Singapore, advising caution against long-term fixed-rate packages and advocating for flexibility in refinancing strategies. Find out what the team thinks about the anticipated impact of interest rates on real estate while navigating the transition from renters to property owners and its ripple effect on landlords and rental prices.For comprehensive insights into the evolving real estate sphere, providing crucial knowledge that could influence investment decisions, be sure not to miss this condensed yet insightful exploration of the property market’s dynamics and trends that could shape its future!(00:00:00) Recap(00:01:03) J'den sells 88%(00:09:22) Investing in J'den(00:14:57) Interest rate next year(00:19:45) "Interest rate has fallen"(00:23:23) PLB is bullish?(00:30:05) New Launch success(00:31:21) Public Housing in Singapore injection of funds(00:35:17) Stock Market(00:36:26) Investment property(00:41:07) Asking rents price falling(00:49:00) Outtakes

#41 The Art and Science of Investments in Singapore Real Estate — Part 1

Welcome back to another engaging 2-part Nuggets On The Go! We’re joined by Melvin Lim, Grayce Tan, Joan Loh and Yu Rong from PropertyLimBrothers, where they discuss your comments on our previous episodes, about investments, real estate and navigating the complexities of the financial landscape.The team delves into the intricacies of market uncertainty, stock market crashes and the possibility of a recession, and how those may affect your choice to invest. Sharing perspectives on the different between leveraging a private property’s mortgage vs paying your HDB down payment, as well as exploring investment perspectives, tactics in property investment, watch on for some valuable insights for both seasoned and novice investors.(00:00:00) Introduction(00:01:36) How to eat crab?(00:02:40) Fake good news(00:05:43) Commiting to a big purchase(00:08:59) Year 2020 Price Index(00:09:39) Investing in Singapore(00:14:19) Investing in the stock market(00:16:51)Singapore household debt drops(00:19:48) Loan interest rates(00:26:03) PSF vs Quantum(00:33:06) Next episode...(00:34:02) Outtakes

#40 The Buyer’s Dilemma: Chasing Prices In An Ever-evolving Market Part 2

Melvin Lim, Yu Rong, Sebastian & Alexa from PropertyLimBrothers continue their exploration into micro factors that could affect property price. Is inflation the only reason why prices increase? Are micro factors not as important as macro factors? Tune in to as they continue to unravel what makes the real estate market how it is, and find out what factors influence buyers to invest their money in a property. Get a deeper understanding of the forces shaping the real estate landscape!(00:00:00) Recap(00:01:06) Good debt(00:05:22) Alexa's life regret(00:09:45) Yu Rong's JC teacher (00:12:44) Financial Literacy(00:14:05) Like father, like son?(00:15:20) What affects property prices?(00:17:38) ACS Moving(00:20:51) Micro factors & Macro factors(00:26:47) Alexa On The Go(00:28:11) Which MRT station will people choose?(00:29:53) Investment & own-stay approach(00:31:54) Investing outside of Singapore(00:37:59) Outro(00:38:26) Bloopers

#39 The Buyer’s Dilemma: Chasing Prices In An Ever-evolving Market Part 1

Melvin Lim and Yu Rong, are joined by Sebastian and Alexa, recollecting the recent news of potential Fed pivot and adjusting of interest rates, untangling the complexities of buyer behaviour, market perceptions and the potential impact of recent news on the market. With 11 rounds of rate hikes already in the books, what would it mean for the market and seller-buyer behaviour if there was a Fed pivot and interest rate adjustment. Diving deep into the intricacies of real estate trends and how their behaviour is very much human-influenced, this episode on Nugget On The Go is one that could reshape your perspective on market dynamics and buyer decisions!Stay tuned for part 2!(00:00:00) Introduction(00:04:31) Potential Fed Pivot & Interest Rates Dip(00:11:36) What if interest rates drop further?(00:18:30)Missing opportunities(00:20:00) Sellers' Market and Buyers' Market(00:25:42) Not enough listings(00:27:28) PropertyGuru Supply Index(00:30:11) Solving imperfect information in the market(00:37:15) Teaser(00:37:53) Bloopers

#38 Cracking The Condo Code 7: How to Leverage Real Estate Data to Forecast Your Next Move

The year-to-year price index this year has been increasing at the slowest pace. How will we end 2023 and head into 2024? Buyers like to look at past data when talking about real estate, but we’ll show you how to use them to properly evaluate the supply and demand, and how that could affect your exit strategy.Melvin Lim from PropertyLimBrothers assesses the chart decks that our REKI Team has done for listings and its correlating transactions, and what to look at when buying a property, be it overlapping statuses or similar price points. Don’t miss this episode where Melvin analyses past data, connecting actual supply and demand statistics. Do check out our charts on: https://www.propertylimbrothers.com/research/(00:00:00) Introduction(00:01:23) Past transactions(00:04:32) Number of Landed Private Transactions (2023 Jan-Sep)(00:06:15) Current Available Landed Listings (Oct 2023)(00:08:37) Most popular real estate portals(00:11:13) Demand and Supply(00:13:35) Singapore Property Sale Market Index(00:13:51) Absorption Rate and Disparity Effect(00:20:52) Conclusion(00:21:40) Bloopers

#37 Cracking The Condo Code 6: Leveraging Interest Rates in Illiquid Assets like Real Estate

Interest rates and real estate go hand in hand. Let’s say interest rates finally take a dip, what should we do then to leverage it? Join Melvin Lim from PropertyLimBrothers on episode 6 of Cracking The Code on Nuggets On The Go, where he shares 6-8 reasons why not paying down your mortgage may actually be more beneficial than you think.Bite into our nuggets of unconventional financial wisdom as we weigh out the pros and cons of not paying down your mortgage even when interest rates stay put. Tune in and rethink your financial strategy!( 00:00:00) Intro(00:01:36) High Interest Environment Leverage of Pay Down?(00:03:40) 1 // Leveraging Good Debt 4x your wealth(00:08:05) 2 // Inflation Erodes Debt(00:12:22) 3 // Net worth remains the same(00:13:18) 4 // Liquidity is more important than paying down trapped equity(00:13:48) 5 // Leverage with insurance(00:15:49) 6 // Interest Rates might come down eventually(00:16:48) Resale sellers & developers will not sell when interest rates drop(00:17:19) 7 // You pay interest till the day you sell, not for the full period(00:18:04) 8 // Use Interest Offset accounts facilities to offset your mortgage interest(00:18:35) Wrap Up

#36 Property Q&A, New Project Forecasts and How to Evaluate a Project’s Performance

The team is back! Melvin Lim, George, Yu Rong, and Jesley, delves delving into some intriguing questions submitted during our previous episodes and webinars. Their discussion spans various topics, from the distinctions and value propositions between 99-year and freehold properties to the future prospects of HDB developments.Have you ever wondered why certain projects struggle while others thrive? Determining the potential success of a property isn't always straightforward. Join them in this episode of Nuggets On The Go and discover the key attributes to consider when making well-informed decisions in Singapore real estate!(00:00:00) Intro(00:01:21) New NOTG member - Jesley!(00:03:35) Q&A 1 : Euhabitat / Herd Mentality (00:12:34) Q&A 2 : Young 99-year VS Old 99-year VS Freehold Condo (00:25:39) Mindset when property went en bloc(00:31:39) Upcoming Bayshore BTO / East Coast development(00:41:03) Application rate for October BTO exercise lowest in recent years(00:43:22) Future HDB upgraders market / Case Study 1(00:54:07) Case Study 2(00:56:58) Case Study 3(00:01:03:42) URA Q3 Flash estimate data | PLB Q2 Report(00:01:07:29) Wrap Up

#35 Cracking The Condo Code 5: ROI & How It Affects Your Investment Property

Melvin Lim talks numbers, return on investment, on real estate property investment. When entering the real estate market as an investor, it's essential to have an exit plan from day one, as property is known for its illiquid nature.One of the central themes Melvin explores is the concept of return on investment, whether it is worthwhile to invest in real estate compared to other asset classes and alternative investment instruments. Find out key mistakes a homeowner makes when upgrading to private property, and how one can avoid them with the help of some key frameworks. Learn more real estate investment strategies on this episode of Nuggets On The Go!(00:00:00) Intro(00:01:15) 99.co x Seedly(00:02:00) ROI (Returns on investment)(00:03:15) Real Estate Investment(00:06:20) Monthly Loan Repayment Calculator | P&I (Principal & Interest)(00:11:39) Scenario 1 : Property did not appreciate & Rental cannot cover instalment (00:17:53) Scenario 2 : Property did not appreciate but Rental can cover instalment (00:21:05) Scenario 3 : Property appreciated but Rental cannot cover instalment (00:23:22) Scenario 4 : Property appreciate & Rental covers instalment(00:24:52) Wrap Up

#34 To Buy Now Or Later - What Is Time Preference?

Melvin Lim from PropertyLimBrothers delves into a fascinating economics theory, speaking about the concept of Time Preference and how it intercorrelates with not just economics, but real estate and decision-making in life. So in the essence When is the right time to make the transition from renting to owning a home? Defining low versus high time preference, find out how it plays a significant role in decision-making. We’ll also introduce 4 key factors you need to understand before making any significant decision, whether it’s about investments, personal finances, or life choices. A prelude to our upcoming few sessions, tune in to this episode to get a head start!(00:00) Intro(01:03) What is time preference?(02:55) High / Low-Time Preference(05:37) Example : High Time Preference(08:13) Example : Low Time Preference(09:12) Low time Preference VS High time Preference - Salesperson(11:31) Time Preference as property buyer or investor(14:58) Deciding Your Time Preference(19:45) Oversea Property Investment(21:16) Singapore Property Market - Demographic(23:32) Wrap Up

#33: Cracking the Condo Code 4: The Exit Audience and Familiarity Effect

Welcome back to another Cracking The Code episode on Nuggets On The Go! With the landscape of real estate constantly evolving in line with recent reclassification of mature and non-mature estates to Standard, Plus and Prime models, plus rejuvenation of non-central townships, is it perhaps time to reclassify the OCR, RCR and CCR?Join Melvin Lim from PropertyLimBrothers to explore the question whether is it time to reevaluate region classifications, and what reclassification may help to do. Find out why Melvin thinks reclassification may be necessary, as well as the impact of the exit audience effect.(00:00:00) Intro(00:00:54) Removal of non-mature and mature HDB housing | Standard, Plus & Prime HDB (00:02:12) Reclassification of OCR, CCR, RCR(00:04:39) New Townships(00:05:57) Exit audience of BTOs / MOP HDB(00:10:14) MOAT Analysis [Treasure Trove /  Parc Centros / Prive](00:11:28) First-hand owner psychology / familiarity effect(00:15:28) OCR Development(00:19:00) Potential of new townships(00:20:23) Exit strategy criteria(00:22:10) Wrap Up