Eugene Lim Properties

02/04/2024

In Q1 2024, Singapore's private home prices rose by 1.5%, continuing their upward trend despite a 20% drop in sales volume.

The market shows resilience and signs of stabilization, with a notable performance in new launches like the Lentor project.

Growth varied across regions, with the strongest increases in landed homes (3.4%) and non-landed homes in the Core Central Region (3.1%).

The market is adjusting to cautious buyer sentiment amid economic uncertainties and a significant upcoming supply of 10,000 homes in 2024.

Transaction volumes have decreased, indicating a trend of cautious investment.

Overall, prices are expected to grow steadily at 3 to 6% for the year.

02/04/2024

HDB resale prices increased by 1.7% in Q1 2024.

This growth marks the 16th consecutive quarter of increases.

Demand from first-time buyers and an increase in the supply of resale flats contributed to the rise.

Signs of price stabilization are evident, despite recent growth.

The government is actively monitoring the market and will adjust policies to maintain stability.

Approximately 19,600 BTO flats are planned for release in 2024.

10/02/2024

Wishing everyone a prosperous and joyful Chinese New Year! May the Year of the dragon bring you good health, happiness, and success in all your endeavors. 🎉🐅

01/01/2024

Embracing the new year with hope and gratitude. May it bring fresh opportunities, laughter, and memorable experiences. Cheers to 2024! 🎉

25/12/2023

28/08/2023

Besides CBD, where else can your office be?

Commercial property prices in CBD are costly. Love the central location but hate the prices? Here are some other areas you can consider:

Jurong Lake District - made up of 2 precincts: Jurong Gateway and Lakeside, flanked by 3 MRT stations and 2 highways, has almost the size of Marina Bay.

Tampines Regional Centre - established with a wide range of amenities to cater to everyone, especially those living in the East.

And many more...

There are plans to include a fourth regional centre serving the North-East Region in Seletar.

Contact me to find out my commercial listing for your perfect office.

25/08/2023

Don't put all your eggs in one basket

That means don't put all your dollars into only 1 property. The smart way is to ensure you spread your funds by investing in properties in different parts of Singapore.

Create passive income by being a landlord of multiple properties while waiting for your properties to appreciate.

Most importantly, know the right time to flip your properties.

Want to know when is the right time? Call me, and let's discuss it over coffee.

21/08/2023

What is the difference between buying a property for investment vs own stay?

Investment:
- Location, location, location.
- Fantastic facilities
- Undervalued properties

Own Stay:
- Stay near parents or workplace or child's school
- Facilities that only you will use
- Willing to spend on renovation

These are just a few differences between purchasing a property for investment or for you to stay. There are more!

Understanding my clients' needs is what I do best. Every client is different, so your needs are different too.

18/08/2023

I want to sell my house when the property market is the hottest!

Of course, you can. But life has a funny way of throwing obstacles at your plans. New jobs, children, and other commitments will take up a lot of your time and distract you. 24 hours is not even enough for you! How to monitor property market trends???

Don't worry. I will help you to monitor the property market and provide you with bite-sized information. Just follow me on my social so you can always receive good tips!

14/08/2023

4 signs you have outgrown your home

- Your Family grew bigger
- You have no room to entertain
- You need a work space
- You prefer to live nearer to your office/ kids' school

Don't know if you should upgrade your home? And whether this is the right time to upgrade? Depending on your current situation, this might just be the best time for you to upgrade to a bigger home. Or even exchanging your HDB for a private condo without using cash! Is that even possible?

Of course! DM me, and I will provide more insight on this matter.

11/08/2023

Emotion & Speculation
Two factors that shouldn't factor into your condo purchase

A good investor will do his homework and look at the market trends and economic situation to determine if a property is worth the investment. Based purely on FOMO (fear of missing out) and unbiased rumours, you are taking the risk of buying a condo that may not be profitable in future.

Are you looking to invest in real estate?
DM me, and I will provide more insight on this matter.