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@@etletl-t5q thank you for your kind comment! 😁 really happy that I was able to value add to you! Looking forward to work with you in the future too! If you know anyone that might need advice for property, you can refer them to me as well hehe 😊 Happy New Year!

@@davidang9660 No problem! Hmm, are you looking to buy it for rental? Or is it ownstay for a longer time horizon?

@@cynricho6501 Investment - rental and capital appreciation.

@davidang9660 There's a few components you need to compare, first is the entry price. If today you are buying Clavon, are you buying at a reasonable psf and quantum compared to Elta? If you overpaid for Clavon, then definitely won't be a good investment anymore. Second thing you have to factor in is when you do a rental play, after factoring rental transaction costs and monthly interests paid, is it more profitable than progressive payment structure for Elta? For 1 bedrooms, I might suggest you to look at properties closer to MRT and Clementi Mall for example. You won't really stand out other than being new, so to minimize vacancy, nearer to amenities could make more sense for 1BR purchase.

@@dabolvar Thank you! Hmm it really depends, but in the future if Elta hits the resale market and it creates a new high in the area. Parc Clematis and Trilinq will catch up with it. If you observed, even Parc Clematis also had very strong appreciation from 2023 till today. Which could’ve been attributed to Clavon’s recent sub sale and strong transactions.

@@lanalana.k Welcome! Yea took me sometime to compile all the data in this video. Glad that you had some valuable takeaways! Do reach out if you need a personalised consultation!

@@MsCherylchen Hello! To answer this question, I’ll just use the comparison with the resale competitors nearby for each launch to determine which layouts and price points will stand out. For example, there’s a lot more 4BR layouts in Elta so not all will perform better than Orie etc. You can WhatsApp me for further discussion if you are keen to find out a detailed comparison between the 2!

@@barkarby thanks for the feedback and glad you find my videos helpful! For the background you mean like for my slides? Or for the virtual background? Let me know which one in specific, I’ll see how to improve it

@ i was referring to the virtual background initially, but your white background for the presentation may help with the chg too. But hey maybe it’s my old eyes that is the problem 😜

@ I’ll see what I can do 🤣, I usually use white background so that it’s easier to see!

@@ngyewhien2758 yup! Got quite a few interesting plots already sold, will largely depend on the upcoming launches take up rate. Then developer will price accordingly. You looking at the Margaret drive one?

@@kanghuatan2960 same with other resale condos in D15! A lot of them are priced similarly to CCR but you can see the difference in demand for resale buyers.

@@gloriagoh5552 thank you! What dilemma are you currently facing as well?

@@benng7306 can decouple but only enough funds for 1 bedroom for EOK. So don’t really make sense here. Yea for EOK also too hot in demand, so a lot of the better units are snapped up. I also agree on the haven’t sell his unit and buy first is quite risky 😅

@ there is not much demand for 1 bedder in D15. Your client would be better off by taking his time selling his 4bedder in bartley and use one name to buy a resale with another name buy a new launch. This also helps him to solve the renting issue while waiting for the new launch to top.

@@benng7306 this one is also chicken and egg situation, previously he did look at Grand Dunman which was cheaper but that time his property wasn’t as high as today. Fast forward to today, yes he’s able to sell higher for his resale property but Grand Dunman has also increased price a few times. He’s able to save on rent if he choose to buy Grand Dunman today so it’s really weighing your options as well.

@@cynricho6501 I’m also contemplating between TG/TC/GD last year. I did not get a good Q no. for TG and when it’s my turn, the psf is near 2600psf and I decided to walk away. I was thinking of waiting for GD but my gut feel tells me singhaiyi may not come up with a good layout for GD and thus, I did not wait for it. In the end after looking at GD floor plan, I was right.

@@yeoingann hello! I think it depends on the usage of the family. For some of my clients, they have 2 kids requiring 1 room each and another room for the helper. If the utility room is given to the helper, then they’ll need to find other spaces for storage. And when you see Myst 1163sqft layout, it does fulfil the storeroom plus helper to stay in the study area. In this scenario, this makes sense to me. What do you think?

@ I guess for the resale with the amount of space, there is a possibility to make the extra space if needed just costly in terms of Reno. More importantly, I am wondering what is the real allure of a new development that cost more but with just a 99 year lease, relative to its resale competitors which are 999 and technically cheaper in psf and possibly whole quantum. Any difficulty in resale in the future?

@@yeoingann Yup exactly as what you mentioned, more costly in terms of renovations. I think aspiring young and new families, if given a choice will go for younger developments. It’s not just the lease is new, but everything is new from building condition, facilities, lower renovation costs overall. From my experience of selling newly TOP projects, they are definitely more well accepted and higher in demand when compared to an almost 20 year gap resale project right next to it. But every property has their own target market. You might not feel it’s worth it, for another buyer, it might be.

@@iantan7460 Hi Ian! Welcome! 😊 Regarding Botany, a lot will lie on the entry price as well as layout. I think another factor will be the distance to MRT. Botany is slightly further away from MRT as compared to The Myst. So there has to be another unique selling point that is stronger in Botany to overcome this.

Thanks Cynric! I was assuming that entry prices for Botany and The Myst are similar at $1,9xx psf. For Botany, it is nearer to a mall and has a better unit mix, with more than 60% catered to 3 bedders and larger unit types.

@iantan7460 From my experience, for 3 bedrooms, especially for families with kids, the accessibility of public transport is quite an important factor as well as size. So if you already have bought a unit at Botany, just wait it out as the entry price is relatively safe compared to the other new launches that are much higher PSF in beauty world area.

Thanks again Cynric!

@sunshineicecream1336 oh yes good point you made, even if account for a reduction of 5% in PSF gap, the end result will still be the same 😊 Emerald Of Katong will still be the most expensive project in the comparisons.

@@gloriagoh5552 Hi Gloria! For Chuan Park, we don’t really know the number as the bounced out units was immediately released back for sale while the queue was still ongoing, so it was not like Emerald of Katong.

@@royboon2128 congrats on your purchase! As long as you done your research and feel good about it, now just have to wait for Chuan Park to TOP!

@@sheryllim7896 hello! There’s still the 850sqft option for the 3bedrooms, I think that’ll still move well. But for the 4bedrooms here is on the higher quantum and PSF overall. Probably won’t move as fast as EOK!

@@Blurpk Hello! Yes I can analyse and share them with you 😊, as I won’t have time to do the video soon, do WhatsApp me so that I can share with you more!

@ thank you! Will do, do you have any quick thoughts in general. From your video, seems like high floor units can actually be more profitable than low/2nd floor unit?

@ No problem! Welcome! 😊 Glad you had some takeaways from my video!

@@jkbackyard8880 Hi! I have already prepared for the 2BR! You can just WhatsApp me to find out more 😊

@@Blurpk thank you! I can do one for Lentor but it’ll be sometime later. Regarding Hillock Green, there’s some pros and cons taking into account your investment time horizon, demand supply in the area and how it fares in the resale market with it’s competitors. If you would like a comprehensive review of your options before making this huge purchase, you can WhatsApp me for further discussion 😊

@@Hudguier What was your strategy with your agent going in at $2900+psf? And you don’t lose money if you don’t sell anyways. It’ll be more of opportunity cost and time.

@@cynricho6501 I was totally consumed by the FOMO mentality, and failed to keep the line on that day.

@Hudguier 😥

@@cynricho6501 today officially aborted the transaction 😖

@Hudguier Oh my, what are your next steps? It is important to gain clarity after this expensive lesson, if you need a personalized guidance, do reach out via Whatsapp!

@@MsPaperbear 🤣

@@33Nautiboy oh nice! You bought U square? Congrats!

@@cynricho6501 Yes....thanks to your pre-buy video and a few other videos by other local property agents. I'm going into the deal with a clear mind and target. So immediately after EOK, in 1 day I visited few new/post launches and bought USR in less than 24hrs. I really like Union Square location (back "mountain" front water (somemore is Singapore's river of wealth : ), new co-living concept, premium address and most importantly - the luxurious fittings and finishes. I can't even pronounce most of the brands in it : ). Thanks cynrich.....will go to you in my next investment!!

@33Nautiboy Looking forward to work with you in the future! If you have any friends or relatives that need assistance can refer them to me too!

With this psf and quantum, you can get a FH 2b2b in TC within 1km to konghua during launch. If nearby FH and 99LH both at same quantum/price, I think it’s a no brainer.

@@Jozeph-n2p if you have already bought in at this point, don’t worry too much. The 99% sold out at Emerald Of Katong does say a lot about its demand. Only time will tell if $2750psf is a good entry or not. As of now, I can only say there’s a shortage of supply in the area.

@@benng7306 yes I agree TC provides a very strong alternative at this psf and quantum. Ultimately the distance to MRT and amenities in the area do differ a little bit. It will really depend on the individual if they can accept either location based on their needs.

@@cynricho6501 in terms of amenities, TC took 5mins to reach kinex mall and the market. It is also walkable to nearby famous Punggol nasi lemak. EOK is not exactly near mrt. Many had tried walking and it took them 7mins. So it’s not true EOK has better amenities than TC.

@@cynricho6501 in terms of amenities, TC only took 5mins to reach kinex mall and the market. It is also walkable to nearby famous Punggol nasi lemak. EOK is not exactly near mrt. Many had tried walking and it took them 7mins. So it’s true EOK has better amenities than TC.

@@ngyewhien2758 Yup for that, I’ll have to measure what’s the PSF jump per floor for each stack. Which will make the video too long, if you have a specific floor you are looking at for most value, I can share with you in detail too. I have also identified that like at certain floors the jump is much higher, so going for 1 floor below the big jump is most value. So my general approach for the video was just highest and lowest PSF to keep it simple.

Do note that ground floor is always hardest to exit despite its low psf. Most buyers avoid ground floors for a reason.

@@benng7306 if given only the top floor and ground floor, which one would you choose? As you have seen most of the units in the middle was already bought up by VVIP.

@@cynricho6501 I will walk away and choose other projects. It’s not as if die die I must pick EOK and settle for the lesser evil

@@brandontan2840 my own range was $2500-$2900 PSF for the 1BR at EOK. So the stock left is still not considered overpriced based on what was sold at Tembusu.

Even if you get a 1b unit at 25xxpsf, Basically there is no demand for 1 bedder in D15. There are still many 1+S not sold in GD/TC. Will be hard to exit imo. That is also the reason why 1b is the last to sell in EOK.

@@benng7306 yup I agree with you, although for some could be a holiday home or rental income. But I agree on the exit strategy part.

Ahhh alright got that! Thanks very much!

@@stacialexisify oh like which part for Chuan Park?

@ same format haha like biggest winner and loser

@@stacialexisify this one abit more sensitive as there’s balance units left at Chuan park. Emerald of Katong already sold out mostly so easier for me to comment. You can PM me directly if you want to find out more for Chuan Park!

I feel There’s no need to do analysis for chuan park imo. The price are rather scammy. Developer price 2/3rd floor with 4th floor at a price gap of 130k to 150k diff. Don’t waste time on this project as the developer’s indicative price is totally off tangent from actual selling price.

@@benng7306 the pricing strategy for Chuan Park was not the norm 😅

@@JCx-dj4tw for Nava Grove I might not be doing as people don’t seem to be as interested. Unless there’s a lot of people requesting for Nava Grove post analysis!

@cynricho6501 ok. Thanks for reply. Enjoy your weekend

@@cynricho6501 If I entered a 19th floor Nava Grove 2B1B at 2590 psf, will it be dangerous for me as my lowest floor bought at 2224 psf.

Hands up for me

Me too, I would love to see Nava grove analysis

@@JCx-dj4tw yes agents can along with VVIP and bulk purchasers.

@@cynricho6501 thanks

@@JCx-dj4tw thank you! Yes VVIP, bulk purchase buys before booking day!

@@cynricho6501how this bulk purchase work?

@LaughingFoodie Yes i do! You need assistance regarding this? Can whatsapp me!

@@rainbowlover125 thank you for your kind words! 🤩

+1

@@sunshineicecream1336 thank you!

@@lanalana.k Yea based on the transactions, quite a number of them bought above $2900psf 😅 I guess time will tell if it was a good deal!

Those who bought in at 2800psf onwards are clear indication of fomo at work. EOK is a good project with efficient layout but it is only good for buyers who entered below 2600psf. Anything beyond 26xxpsf are not good price imo. Most good units with good price are already taken by vvips and agents in the first round, what is left for the public are more expensive units. Unless your Q number is 1-100.

@benng7306 The early queue people have that advantage haha

@@Sg1Eric thank you! Appreciate it! 😁

You stay here? Yes it’s a bustling new town area!

@@sghk7433 nope! Agents could only buy limited units, developer protected those in ballot queue!

@@royboon2128 I think that’s a fair price for high floor unit but only time will tell 😆 congrats on your purchase!

👍

Disgusting Q number? Mine is almost 3000! hahahaha

@@sci70716wishing you the best of luck. Oh trust me.. it’s disgusting alright. As of my reply the agents and vvvvvvvvvvvvip/ developers boot lickers and high networth has already painted the chart more than half red. 🤣🤣

@@bleah76 i think today Sim Lian gave chance leh! The prices were quite decent!

@@sci70716 are you going to try for another development? Can find me for second opinion haha 😆

@@francisong5083 yes I agree with you longer term freehold would makes sense. But for Lorong Chuan area, there is not much new freehold condos so for resale buyers they have to factor in renovation costs. You must understand the buyer’s behaviour in today’s market in order to plan your exit strategy well.

@@cynricho6501 yes true, so which are the freehold properties near Chuan Park? I only know of Amaranda Gardens which rarely has any for sale. Wonder why is that?

@ there’s a few developments there! You can WhatsApp me for further discussion ☺️

@@waythechua8296 hello! Is it the bigger 3BR types or the smaller ones?

@@waythechua8296 likely no hope already, already 47% sold during vvip as of yesterday. Even if u manage to get a unit by luck, the psf will be very high.

@@Ace-bm3ys maybe the buyers buying for own stay is willing to pay that price?

@@33Nautiboy no problem 😌, mind sharing what’s your walk away price and for which bedders? 😆

@cynricho6501 <$2600/psf up to all 3 bedders.

@33Nautiboy Good that you have a firm strategy! If you are still looking around for the next new launch, hope to have a chance to work with you!

@@sheryllim7896 welcome! ☺️ And 2.3k is correct because it’s a loft unit with high ceiling, so the void space is double counted but the actual space is still 743sqft!

@@gloriagoh5552 thanks you! ☺️