Will Condo Quantum Hit Its Limit? | PropertyLimBrothers | Melvin Lim, Lyndon & Yu Rong
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- Опубліковано 22 чер 2024
- Today on NOTG, we’ve got a fresh perspective from Lyndon, Assistant Listing Executive at PropertyLimBrothers. Watch this insightful discussion on the difference between the property markets in Hong Kong and Singapore, as well as some misconceptions people may have on the value of renovation from a buyer vs seller’s perspective. With the trend of the market, will we eventually reach a point where people simply decide that condos are too expensive to afford?
Join the crew in exploring the charts and data from PLB’s Research Team, to shed some light on the trends in the property market. Do keep a look out for Part 2, where we’ll continue our discussion on the recent eye-catching property headlines. Don’t miss another engaging and informative episode, and be sure to drop us an email at insights@plb.sg for access to the charts shared in this episode!
00:00 Introduction
03:38 Article: Climbing property ladder harder?
04:29 Lyndon's BTO Story
06:24 Renovation calculation
10:52 Balloting for BTO
12:20 Lyndon's stack facing story
14:29 Knowing your renovation budget
19:24 Singapore is more expensive than Hong Kong
35:00 Buying into a private property
36:30 Real estate market forecast
45:24 Joanna and Jevin real estate journey
46:28 5 years cycle
49:32 Private properties becoming unaffordable in the future
56:25 Singapore's old money
58:46 What will happen to all the 99-year properties?
1:00:59 Conclusion
1:03:16 Bloopers
#PropertyLimBrothers #notg #podcast
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Wise words from yu rong regarding renovations cost!!!
Lyndon is so entertaining and fresh with his perspective! Would be great for Melvin to bring in new casts for their interesting personality and perspective! Afterall, not everyone shares the same perspective with great minds like Melvin and Yurong as the viewers come from all walks of life!
I think the show needs to be more liven up with more youngers to attract more viewership. Shout out to the editors of the videos for consistently doing a good job editing the videos!
thank you for loving this episode! :) we appreciate it!
first time watching this channel, 20 mins in and i am very glad it is not too dry with facts but with a lot of story and perspective that makes it like a sharing among friends on their insights. didnt had to fast forward anything.
welcome to NOTG! we're so happy to have you here, glad that you enjoyed the episode :)
hope to see you around more!
- team plb
Yu Rong theory make more sense and reasonable than the spectacle guy beside him.
Have been waiting for new video! 😍
Lyndon is actually accurate in his theory. The disparity between hdb and condos are so large that me and my peers cant seem to afford the upgrade. private condos are so expensive now, its crazy.
over the long term i think as long as theres fresh money (e.g. from people's increasing income and gov injecting grants) flowing into the property market, the property prices will keep increasing.
I don't think private property prices (less than ultra lux units) will reach a quantum that people can no longer afford. Mainly because buyers are mostly locals. If quantum hits a point whereby it does not make sense even for those in the top 15% in terms of household income, how can prices still go up? Who will be the buyers? So unless there is a change in govt policy, I believe the price growth will then slow down if we reach this point.
this combo of 3 this time quite good
thank you for enjoying our content! ^_^
anyone has link to the video that continue this episode discussion?
Hi there!
If you have any questions we would be more than happy to answer them in our NOTG Telegram Channel: t.me/notgpod
Cheers!
The gap in absolute price is indeed getting bigger. In that sense private property is getting less attainable
the quantum limit comes back to house hold income
What does quantum means?
Hey there! Quantum means price :)
For example, this unit's quantum is $1 mil = this unit is priced at $1 mil
So why not use price or is quantum used only in the real estate industry in Sg.!
wow… i am not ready to buy a 2 mil property with 24k monthly income..
I really can’t believe that resale HDB ,3 bedders r going for more than one million..am I right?
HAHAHHA!! If he could repeat the cycle he would have gone for resale?! No wonder la they lost the debate!!! LOL!!