RCR selling $3,600 psf? Wonder if that’s a mistake. And anyway it would have been more helpful if the ST table which property is post-harmo psf (eg EOK). Thanks for video!
Do you know who are the people buying these new launches? The proportion btw foreigners and locals? Your perceptions seem to stem from the assumption they are local buyers and the reasons given are based on local conditions. Due to the global uncertainties, foreigners may have their own reasons for buying Sg properties which are different from those of the locals.
@@jabezalantan6357 Conditions for remission of ABSD Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens: - Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland - Nationals of the United States of America.
Thanks for your comment, what you say is valid but here’s an article for your reference. Also based on our observation most buyers were locals and pr, only a small percentage of foreigners. Data from PropNex noted that foreigners (non-PR) accounted for 4.7 per cent of the landed and non-landed private homes transacted on the new sale and resale market in 2024 as at Sept 3. The data was derived from URA’s Realis caveat database. www.straitstimes.com/singapore/housing/even-as-wealth-flows-into-s-pore-the-number-of-private-homes-bought-by-foreigners-continues-to-shrink
In this video, I will be sharing with you why most Singaporeans are always getting priced off the property market in Singapore as well as a TLDR of the recent news article. We will be delving into the price comparisons of the recent new launches in November. Lastly, what you should be doing as a buyer or seller in today’s property market. Recent News Article: www.dropbox.com/scl/fi/orvi3u... TimeStamp: 0:00 Introduction 1:17 Video Sequence 1:38 TLDR of Article 2:41 Lowest Number of New Launch Sales Since 2008 2:49 November Projects 3:14 New Launches in 2025 4:04 Last Project Launch That Had a Full Take-Up Rate 4:10 Case Study (2014-2024) 6:40 PSF of Emerald of Katong 7:03 My Opinions on The New Launch Pricing 7:15 Chuan Park OCR Pricing Comparison 8:01 Emerald of Katong RCR Pricing Comparison 9:00 Why Is It So Hyped Up? 9:38 GDP vs Property Price Index 10:26 What Most Singaporeans Would Do After Making Money From Financial Market 11:00 What You Should Be Doing As a Buyer or Seller 11:02 3 Golden Principles 11:20 If You Are a Buyer 12:19 If You Are a Seller 13:20 If You Are an Investor 14:16 Final Thoughts
If 99% of the units are sold out within day 1, then obviously the developers did not overprice the units
RCR selling $3,600 psf? Wonder if that’s a mistake. And anyway it would have been more helpful if the ST table which property is post-harmo psf (eg EOK). Thanks for video!
Thanks for the feedback yes I mean $2600 plus for rcr. Appreciate your comment!
In a bull market everyone is a genius. 🎉
Again click bait title 😂
remember these videos are made by agent😅
Yes you are right and also don’t forget we agents are buyers too :)
if not mistaken over 100 units were purchased by agents, that's where you know you cant go too wrong😌
Do you know who are the people buying these new launches? The proportion btw foreigners and locals? Your perceptions seem to stem from the assumption they are local buyers and the reasons given are based on local conditions. Due to the global uncertainties, foreigners may have their own reasons for buying Sg properties which are different from those of the locals.
Foreigners need to pay 60% ABSD. Big Deterring factor
@@jabezalantan6357 If they are rich and are trying to get out from their country for safety concern, it will not deter them, especially from China.
@@jabezalantan6357
Conditions for remission of ABSD
Under the respective FTAs, Nationals or Permanent Residents of the following countries will be accorded the same Stamp Duty treatment as Singapore Citizens:
- Nationals and Permanent Residents of Iceland, Liechtenstein, Norway or Switzerland
- Nationals of the United States of America.
Thanks for your comment, what you say is valid but here’s an article for your reference.
Also based on our observation most buyers were locals and pr, only a small percentage of foreigners.
Data from PropNex noted that foreigners (non-PR) accounted for 4.7 per cent of the landed and non-landed private homes transacted on the new sale and resale market in 2024 as at Sept 3. The data was derived from URA’s Realis caveat database.
www.straitstimes.com/singapore/housing/even-as-wealth-flows-into-s-pore-the-number-of-private-homes-bought-by-foreigners-continues-to-shrink
New citizens
In this video, I will be sharing with you why most Singaporeans are always getting priced off the property market in Singapore as well as a TLDR of the recent news article. We will be delving into the price comparisons of the recent new launches in November. Lastly, what you should be doing as a buyer or seller in today’s property market.
Recent News Article:
www.dropbox.com/scl/fi/orvi3u...
TimeStamp:
0:00 Introduction
1:17 Video Sequence
1:38 TLDR of Article
2:41 Lowest Number of New Launch Sales Since 2008
2:49 November Projects
3:14 New Launches in 2025
4:04 Last Project Launch That Had a Full Take-Up Rate
4:10 Case Study (2014-2024)
6:40 PSF of Emerald of Katong
7:03 My Opinions on The New Launch Pricing
7:15 Chuan Park OCR Pricing Comparison
8:01 Emerald of Katong RCR Pricing Comparison
9:00 Why Is It So Hyped Up?
9:38 GDP vs Property Price Index
10:26 What Most Singaporeans Would Do After Making Money From Financial Market
11:00 What You Should Be Doing As a Buyer or Seller
11:02 3 Golden Principles
11:20 If You Are a Buyer
12:19 If You Are a Seller
13:20 If You Are an Investor
14:16 Final Thoughts
2025 Very High Unemployment America Britain China Europe India Japan WFH Sent Out 400 Resume Without Reply 😭
Abuden 😂