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Yes! Part 2 of the series which covers RCR projects will be out around 1st Feb 👍🏻

That sounds possible too! Generally having HDBs around condos is a positive for the condos!

As of 16/11, Amaranda has one 4br duplex. U can check out the floorplan. The open terrace is as big as the living and dining room combined. And the psf is $2569psf, for a price of $6.3m. It’s clearly over priced… Meanwhile Chuan Park still has 4br selling at $3.48m, $2609psf. I think the decision is still clear which one buyers should buy! But if an Amaranda pops up in the future under $2.2k psf. Can consider!

Yes you’re right and thank you for pointing the error! 🙏

Thanks! If you are curious you can always PM me 😊

I don’t think it’s much worse, as on launch day, both developments did similarly in terms of % sold. LakeGarden till date has sold more also due to it having the benefit of a 11 month head start:)

That's a tough question to answer in one para but I'll try. In short, EOK gives you a certainty of exit with profits, while Chuan gives you the ease of exit with profits. It boils down to you as an investor, what's your risk appetite, what's your holding period. Stay tuned for my next video on EOK for my in-depth analysis!

@@OwnThisProperty

1) I don't think using post-Covid growth rates this cycle is a safe assumption. While 3-4% annualized returns seems consistent and more in-line with our economy's growth rate of 2.5% going forward. 2) 👍🙏

@@OwnThisProperty

URA Harmonisation affects land sales from June 2023 onwards so Chuan Park is not affected!

That’s a very valid concern, and how I analyze / rationalize this is by calculating the budget of households split into income level deciles. And you’ll be surprised by my findings. Do PM me on WhatsApp if you’d like to know more!

Yes! The video analysis was done before the name of the project was announced 😅

Thanks for your question, it is a valid concern. How I think about it is: If you are buying a 1br in Woodlands, then yes I can see how RTS might affect rentals of 1br in Woodlands, and the subsequent exit strategy might be tough. However, if we buy the right layout such as the 3br, which in my video I shared is the sweet spot, who do you think are the future buyers of such properties? That's Singaporean families, probably with kids who will go to Primary Schools? My sample size might be small, but in my years in property, I have not met a Singaporean family who will move to JB and make their kids travel to SG for school! I think if anything, the RTS will benefit JB property prices upwards, rather than place downward pressure on Woodlands properties. Hope this makes senses to you!

Haha beauty is in the eye of the beholder!

Thank you for your kind words!

Thanks for your views! Hope you will be able to find a window of opportunity in the future. When it comes to property, I am more in the camp who believes in the principle of “time in the market beats timing the market”.

Haha I am also not convinced. As I've alluded to in this video, I believe there are better investment options than 8 @ BT out there. One key concern I have would be its slightly higher price point vs. Reserve Residences, even though it is the inferior development in my opinion. So do choose wisely!

Thanks for your comments. That's because I only do reviews of developments that I have conviction in! Making these in-depth video reviews require a lot of time and effort, and unfortunately, I do not have unlimited resources to cover both the good and the bad. You can check out my channel and see that there are many new launches that I've skipped haha! For a ranking or comparison of all the launches out there, similar to what you suggested like a SWOT analysis, you can also check out my 3 part series here: OCR: th-cam.com/video/0Fg55ddRpEs/w-d-xo.html RCR: th-cam.com/video/Jlqr6yEAw3w/w-d-xo.html CCR: th-cam.com/video/60whLoUnvHY/w-d-xo.html Hope you'll find it useful!

Nonsense, more retrenchment now.

The preference boils down to the different layouts eventual exit strategy. For example the 2br attracts mostly investors, the smaller size would mean a lower quantum and potentially higher ROI. However, if you are buying it to stay long term, then yes absolutely factor in your own preference for space. For example I prefer the larger living and dining space of the 3br at Sora. And in the same vein, it would probably be easier to attract that next family who also values the larger space when you sell in the future. Hope this answers your question!

Yes you are right and the average reported today is $21xx psf. As with any new launch development there is a walk away price, and $22xx psf if it’s not lake facing is too high imo. For lake facing I think the max would be $23xx psf.

Even for lake facing I feel 2300 psf is slightly high for this area? What do you think of rental in this area? (Impt factor for investment pov)

Yes. To clarify, I mean you shouldn’t buy if it hits $23xx psf 😅

Thanks for your question and I can see that you are a long-time viewer! Did I change my mind about Sora? Well, a little. I am seeing more potential, especially with the two new residential plots to the South of Sora. I think it is also a clear indication that URA wants to develop not just the core JLD, but also have enough amenities and residential in the fringes of JLD. And Sora benefits from that since we are at the fringe of JLD. So if you holding period is long enough and buying Sora for ownstay, I think it is worth considering. However, if you are a pure investor, there are better options and stick to my C rating of Sora. Clementi is very interesting and I've done some research on the area. I'm not sure about your requirements so don't want to jump right the conclusion without first hearing your goals, holding period, budget, etc. Please drop me a WhatsApp and we can discuss more privately!

Yes! OCR has performed well over the years and I do expect it to continue to do so. That's also why I took the analysis one step further to determine the better developments and the not so good ones. By taking the average profitability of an area, we can identify developments that perform above or below average. You can check out this part of the video: 07:15 If its performing below the average of the area, then that's a red flag and we dive deeper into finding out why. Sometimes it might be due to inefficient layouts, bad unit mix, bad maintenance, ageing lease, better and/or newer options nearby etc. Hope this helps!

Thanks for reaching out and it was nice meeting you to go through the evaluation matrix :)

Thanks! There isn't a definite number of years till the price drops for a condo, and it is also very condo dependent. In fact, condos near good schools are generally more resilient to price drops. If we look at Panorama, there hasn't been an unprofitable transaction till date, and barring any unforeseen economic downturn, you can expect prices to continue on its upward trend.

Cedar girls is a secondary school. And Cedar primary is not the supposedly popular school. And not all blocks in Bartley ridge are within 1km from plmgs.

@@shaoweichua6911 Im not refering to the cedar pri. Even though sec has no 1km balloting consideration factor but I do know quite a number who moved there for the intention of Methodist n subsequently Cedar. Not sure if all blocks of Bartley Ridge fall within the 1km for Methodist but i heard from one friend it is the most ideal among the 3 there. But all 3 had good capital appreciation. Really cannot deny the near good school effects.

The 3 Bartley properties all have their own pros and cons, mainly boils down to the layout, facing and facilities!

@@OwnThisPropertyu r an agent u can easily find out if many of the 3 projects there are sitting on 80%-90% profit

@@520chris Only 3 blocks of Bartley Ridge are within 1km from PLMGS. It is Botanique at Bartley and Bartley Residences that are fully within 1km from Maris Stella and PLMGS. There is no need to mention Cedar Girls since all 3 projects are about similar proximity to it.

Congrats Daniel, you're the winner of the giveaway! Kindly reach out to me on WhatsApp to claim it :)

You can head over to: sgschooling.com/blog/analysis-for-2023. They do great comparison and analysis for each phase

@@OwnThisProperty thanks a lot!

my guess: ACPS as well

Thanks for your question! I wouldn't go above $2k psf based on current market pricing. Do drop me a PM and I can share with you more :)

Hi Nick, thanks for your kind words. Affinity at Serangoon's stack selection is more tricky because you have units facing the future BTO and/or the carpark entry path. So the price difference between those poorer facing units and the inward facing units can differ quite a bit. Do drop me a private WhatsApp so I can explain more :)

Hi there, thanks for your question! Based on LM's indicative pricing, I think the 2br1b is great for investment, and there isn't an oversupply of this unit type in Lentor. I did a new video to explain that in greater detail, do check it out here: th-cam.com/video/5CB1XJdte7o/w-d-xo.html