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In my previous post I’ve actually shared about the record breaking price of Ang Mo Kio Ave 1 land sale ($1118 PSF PPR), ...
26/07/2021

In my previous post I’ve actually shared about the record breaking price of Ang Mo Kio Ave 1 land sale ($1118 PSF PPR), and just less than 2 months after, a probable 2nd signal that we might want to take it into serious consideration.

Yet another RECORD BREAKING private land sale that has been done at Lentor Central site for ($1204PSF PPR), target to launch at around ($2000 ~ $2100PSF) after including a rough estimate of 20% profit margin. EC site land sale at Tampines Street 62 was sold at ($659 PSF PPR) which was a slight notch higher priced comparing to the last EC site land sale at Tengah ($630 PSF PPR)

Let’s recall what had happened in 2017, which was the enbloc figure year, where developers jumped on any land sale that they could find due to a shortage of supply coupled with strong demand, it was a signal that was so glaring, and true enough private property price have gained traction since then.

Right now, are we actually having a supply glut risk? Let’s put ourselves in perspective, we have 27,977 unsold new homes left, that’s a lot isn’t it? If I were to tell you that based on the 9- year average of 12,381 sold units per annum, is that still a lot? It’ll only take us 2.66 YEARS to sell out everything!

When DEMAND OUTPACE SUPPLY, what happens to the PRICE ? You can DM me at .property or Whatsapp at 📱: 92780780 to find out more 🥂

Will government implement another round of cooling measure soon? 🧐Honestly, we don’t know, but what we can infer from th...
12/06/2021

Will government implement another round of cooling measure soon? 🧐

Honestly, we don’t know, but what we can infer from these few articles are,

1. Interest rates are ultra low right now, the cost of borrowing is cheaper, does that attract more buyers to the private property market?

2. There was a sharp quarterly increase in Singapore private home prices Q1 2021 (2.9%), property curbs happened in 2018 when private home prices rise by 3.4% in a quarter.

3. The Singapore government is keeping a close eye on the property market right now, to ensure that the prices in the private sector housing market move in line with economic fundamentals. Are developers walking on eggshells right now? Would they want to trigger another round of cooling measures?

Let’s say if cooling measures really did happen, how will it actually affect your property? And to what extent will it affect you? Is there still opportunities out there right now? DM me .Property , or Whatsapp at 📱: 92780780

A few days back I posted a polling on “Is it the right time to get a private property right now?”. Below will be some po...
02/06/2021

A few days back I posted a polling on “Is it the right time to get a private property right now?”. Below will be some pointers for y’all to think about 🤔(pointers are in chronological order accordance to the post sequence)

1. After GFC happened, we can see a steep rise in the private property index, and it took MULTIPLE cooling measures across the years before the growth is decelerated.

2. The last cooling measure that was implemented in 2018 (⬆️ in ABSD, ⬇️ in LTV), by how much did it actually brought the market down? 🤔, and what trend can you see over the years?

3. In 2020 UBS posted the Global Real Estate Bubble Index, does the index tells us that Singapore property market is spiraling out of control?

4. Land hungry developers are bidding for land at record breaking prices, there’s not just 1 developer bidding for it but 15 of them bidding at such prices for a parcel of land. What does this tells us? 🤔

These are guiding questions for y’all to think about, of course if you’re unsure or you want to know more, you can DM me at .property or drop me a text at 📱: 92780780

With the recent sale of the land site at Ang Mo Kio Ave 1 at a record breaking price, what could this mean for you as a ...
27/05/2021

With the recent sale of the land site at Ang Mo Kio Ave 1 at a record breaking price, what could this mean for you as a future-to-be/current home owner? Let me do my best to answer your questions.

📱: 92780780, or you can DM me 👌🏻

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