Wilson Lim Properties

Wilson Lim Properties Welcome to Willim Property

My goal is to help clients address their property needs and grow asset through property planning.

Progress your asset, one step at a time.

With the reason for the bid rejected as "assessed to be too low" , what could this mean to the expected value of the lan...
08/02/2024

With the reason for the bid rejected as "assessed to be too low" , what could this mean to the expected value of the land?

Are we able to identify any potential or opportunities in the current market?

Let's discuss! Do contact me for a non-obligatory discussion session!





According to a URA press release on Feb 8, the GLS site was not awarded as the sole bid is "assessed to be too low".

15/12/2023

THE Federal Reserve held interest rates steady on Wednesday and signalled in new economic projections that the historic tightening of US monetary policy engineered over the last two years is at an end and lower borrowing costs are coming in 2024. Read more at The Business Times.

"π‘‡β„Žπ‘’ β„Žπ‘–π‘”β„Žπ‘’π‘ π‘‘ 𝑏𝑖𝑑 π‘π‘Žπ‘šπ‘’ π‘“π‘Ÿπ‘œπ‘š π‘™π‘œπ‘π‘Žπ‘™ π‘π‘œπ‘›π‘ π‘‘π‘Ÿπ‘’π‘π‘‘π‘–π‘œπ‘› π‘π‘œπ‘šπ‘π‘Žπ‘›π‘¦ π»π‘’π‘Žπ‘‘π‘–π‘œπ‘›π‘” πΊπ‘™π‘œπ‘π‘Žπ‘™, π‘€β„Žπ‘–π‘β„Ž π‘ π‘’π‘π‘šπ‘–π‘‘π‘‘π‘’π‘‘ $98,000 π‘Ž π‘šπ‘œπ‘›π‘‘β„Ž π‘œπ‘Ÿ $1.176 π‘šπ‘–π‘™π‘™π‘–π‘œπ‘›...
19/11/2023

"π‘‡β„Žπ‘’ β„Žπ‘–π‘”β„Žπ‘’π‘ π‘‘ 𝑏𝑖𝑑 π‘π‘Žπ‘šπ‘’ π‘“π‘Ÿπ‘œπ‘š π‘™π‘œπ‘π‘Žπ‘™ π‘π‘œπ‘›π‘ π‘‘π‘Ÿπ‘’π‘π‘‘π‘–π‘œπ‘› π‘π‘œπ‘šπ‘π‘Žπ‘›π‘¦ π»π‘’π‘Žπ‘‘π‘–π‘œπ‘›π‘” πΊπ‘™π‘œπ‘π‘Žπ‘™, π‘€β„Žπ‘–π‘β„Ž π‘ π‘’π‘π‘šπ‘–π‘‘π‘‘π‘’π‘‘ $98,000 π‘Ž π‘šπ‘œπ‘›π‘‘β„Ž π‘œπ‘Ÿ $1.176 π‘šπ‘–π‘™π‘™π‘–π‘œπ‘› 𝑖𝑛 π‘Žπ‘›π‘›π‘’π‘Žπ‘™ π‘Ÿπ‘’π‘›π‘‘.....π‘‡β„Žπ‘’ π‘Ÿπ‘’π‘›π‘‘π‘Žπ‘™ π‘‘π‘’π‘›π‘’π‘Ÿπ‘’ 𝑖𝑠 π‘“π‘œπ‘Ÿ 𝑓𝑖𝑣𝑒 π‘¦π‘’π‘Žπ‘Ÿπ‘ , π‘€π‘–π‘‘β„Ž π‘Žπ‘› π‘œπ‘π‘‘π‘–π‘œπ‘› π‘‘π‘œ π‘Ÿπ‘’π‘›π‘’π‘€ π‘“π‘œπ‘Ÿ π‘Žπ‘›π‘œπ‘‘β„Žπ‘’π‘Ÿ π‘“π‘œπ‘’π‘Ÿ π‘¦π‘’π‘Žπ‘Ÿπ‘ ."




SLA received nine bids ranging from $98,000 to $18,400 for the conserved Bukit Timah Fire Station

Potential decline in Rental Market.Looking to know more?Hit me up!
09/11/2023

Potential decline in Rental Market.
Looking to know more?
Hit me up!





THE longest rally in Singapore’s housing rents in a decade may be coming to an end. Read more at The Business Times.

04/11/2023

The 2,368 sq ft unit at Marina Bay Residences was sold for $6.9 million ($2,914 psf) on Oct 18.

"π‘‡β„Žπ‘–π‘  π‘Ÿπ‘’π‘ π‘’π‘™π‘‘π‘  𝑖𝑛 π‘Ž π‘”π‘Ÿπ‘œπ‘ π‘  π‘π‘Ÿπ‘œπ‘“π‘–π‘‘ π‘œπ‘“ $16.4 π‘šπ‘–π‘™π‘™π‘–π‘œπ‘› π‘œπ‘Ÿ π‘Žπ‘› π‘Žπ‘π‘π‘Ÿπ‘œπ‘₯π‘–π‘šπ‘Žπ‘‘π‘’ π‘Žπ‘›π‘›π‘’π‘Žπ‘™π‘–π‘ π‘’π‘‘ π‘Ÿπ‘’π‘‘π‘’π‘Ÿπ‘›π‘  π‘œπ‘“ 8% π‘“π‘œπ‘Ÿ π‘‘β„Žπ‘’ π‘œπ‘Ÿπ‘–π‘”π‘–π‘›π‘Žπ‘™ π‘œπ‘€π‘›π‘’π‘Ÿ."What...
18/10/2023

"π‘‡β„Žπ‘–π‘  π‘Ÿπ‘’π‘ π‘’π‘™π‘‘π‘  𝑖𝑛 π‘Ž π‘”π‘Ÿπ‘œπ‘ π‘  π‘π‘Ÿπ‘œπ‘“π‘–π‘‘ π‘œπ‘“ $16.4 π‘šπ‘–π‘™π‘™π‘–π‘œπ‘› π‘œπ‘Ÿ π‘Žπ‘› π‘Žπ‘π‘π‘Ÿπ‘œπ‘₯π‘–π‘šπ‘Žπ‘‘π‘’ π‘Žπ‘›π‘›π‘’π‘Žπ‘™π‘–π‘ π‘’π‘‘ π‘Ÿπ‘’π‘‘π‘’π‘Ÿπ‘›π‘  π‘œπ‘“ 8% π‘“π‘œπ‘Ÿ π‘‘β„Žπ‘’ π‘œπ‘Ÿπ‘–π‘”π‘–π‘›π‘Žπ‘™ π‘œπ‘€π‘›π‘’π‘Ÿ."

What could contribute to such a lucrative gain?
Hit me up! Let have a discussion over coffee β˜•οΈ




The original owner bought it less than 10 years ago

"The guide price for the 3,046 sq ft penthouse is about $1,248 psf. The unit will be sold with an existing tenancy, whic...
15/09/2023

"The guide price for the 3,046 sq ft penthouse is about $1,248 psf. The unit will be sold with an existing tenancy, which ends in May 2025"

For those buyers so wishes to own a house in Sentosa!






The guide price for the 3,046 sq ft penthouse is about $1,248 psf. The unit will be sold with an existing tenancy, which ends in May 2025.

02/09/2023

The new high at 1919 was achieved with the sale of a 560 sq ft unit for $1.278 million, or $2,283 psf, on Aug 11.

Still seeing high take up rates in these New Launches!
22/08/2023

Still seeing high take up rates in these New Launches!







After July’s strong showing, new home sales are expected to slow in view of the souring macroeconomic backdrop, elevated interest rates and cooling measures

"..π‘ π‘œπ‘“π‘‘π‘’π‘›π‘–π‘›π‘” π‘œπ‘“ π‘Ÿπ‘’π‘›π‘‘π‘Žπ‘™π‘  π‘“π‘œπ‘Ÿ π‘‘β„Žπ‘–π‘  π‘œπ‘›π‘’-π‘‘π‘œ-π‘“π‘œπ‘’π‘Ÿ π‘π‘’π‘‘π‘Ÿπ‘œπ‘œπ‘š π‘π‘Žπ‘‘π‘’π‘”π‘œπ‘Ÿπ‘¦ π‘€π‘Žπ‘  𝑑𝑒𝑒 π‘‘π‘œ π‘Žπ‘› π‘–π‘›π‘π‘Ÿπ‘’π‘Žπ‘ π‘’ 𝑖𝑛 𝑛𝑒𝑀 β„Žπ‘œπ‘’π‘ π‘–π‘›π‘” 𝑠𝑒𝑝𝑝𝑙𝑦 𝑖𝑛 2023, π‘Žπ‘  π‘š...
14/07/2023

"..π‘ π‘œπ‘“π‘‘π‘’π‘›π‘–π‘›π‘” π‘œπ‘“ π‘Ÿπ‘’π‘›π‘‘π‘Žπ‘™π‘  π‘“π‘œπ‘Ÿ π‘‘β„Žπ‘–π‘  π‘œπ‘›π‘’-π‘‘π‘œ-π‘“π‘œπ‘’π‘Ÿ π‘π‘’π‘‘π‘Ÿπ‘œπ‘œπ‘š π‘π‘Žπ‘‘π‘’π‘”π‘œπ‘Ÿπ‘¦ π‘€π‘Žπ‘  𝑑𝑒𝑒 π‘‘π‘œ π‘Žπ‘› π‘–π‘›π‘π‘Ÿπ‘’π‘Žπ‘ π‘’ 𝑖𝑛 𝑛𝑒𝑀 β„Žπ‘œπ‘’π‘ π‘–π‘›π‘” 𝑠𝑒𝑝𝑝𝑙𝑦 𝑖𝑛 2023, π‘Žπ‘  π‘šπ‘œπ‘Ÿπ‘’ π‘π‘Ÿπ‘œπ‘—π‘’π‘π‘‘π‘  π‘Žπ‘Ÿπ‘’ π‘›π‘’π‘Žπ‘Ÿ π‘π‘œπ‘šπ‘π‘™π‘’π‘‘π‘–π‘œπ‘› π‘Žπ‘›π‘‘ π‘π‘œπ‘›π‘ π‘‘π‘Ÿπ‘’π‘π‘‘π‘–π‘œπ‘› π‘‘π‘’π‘™π‘Žπ‘¦ 𝑖𝑠𝑠𝑒𝑒𝑠 β„Žπ‘Žπ‘£π‘’ 𝑏𝑒𝑒𝑛 π‘Ÿπ‘’π‘ π‘œπ‘™π‘£π‘’π‘‘."

Are you a landlord or tenant in the current Market?
What are your thoughts?
Let's have a discussion!




THE average median rent for private non-landed homes in Singapore declined 2.2 per cent in May 2023, in contrast to the 2.4 per cent increase in the previous month, the Savills May 2023 Rental Guide indicated. Read more at The Business Times.

Should you redeem/prepay your loan?Good read here!
03/07/2023

Should you redeem/prepay your loan?
Good read here!

WE get asked this question on mortgage prepayment ever so often with mortgage interest rates now shooting over the 4 per cent roof here in Singapore. Read more at The Business Times.

Beware of scams!Side note:Be aware that you are likely to be in breach of Singapore’s housing laws when renting your pro...
27/06/2023

Beware of scams!

Side note:
Be aware that you are likely to be in breach of Singapore’s housing laws when renting your property out on Airbnb. In general, property rentals have to be at least either 6 months long (for HDB flats) or 3 months long (for private properties). HDB flats also cannot be rented to tourists.



SINGAPORE - A French exchange student looking for a place to stay in Singapore contacted Gibson Zeng Xianfu after seeing his rental listing on Airbnb.The student paid $9,000 to secure the unit but before the agreed move-in date, Zeng, 29, claimed...

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