Not worth to pay $1.5m - $2m for an HDB unit. Generally, a condo has a better-quality resident, gym, swimming pool and security. We have only one life, a priceless life. Smart to enjoy life a bit to live in a condo. Wealthy people from villas, bungalows, terraced houses, condos generally prefer quietness and peacefulness, away from the crowded and congested areas. Have money, enjoy lah, why live and die like a beggar? SG transport system is quite efficient, no need to live within one meter away from a MRT or a bus interchange. Many Billionaires and Ministers from around the world are not educated from the top schools. Very importantly, invest in a property as a hedge on your money in long term and to invest in the property smartly at a fair value, no as a sucker to pay much more
Hi noted that the capital gains varies quite widely for ec, with Esparina faring the best to Austville the lower end. How do we consider between Ola and Piermont Grand to make sure we pick the one with the most potential gain?
Sean, 1) showing the absolute median profit is fine, but you should have also plotted the percentage median profit as a line chart on the secondary axis for comparability. 2) same for the bullet chart on resale transactions, it's fine to show the absolute number of resale transactions, but you should have also plotted the percentage of resale transactions out of total number of units as a line chart on the secondary axis for comparability. example is River Isles and Treasure Trove which have almost the same number of resale transactions, but we can see that River Isles sold 3.4% of its units compared to 2.3% for Treasure Trove. 3) with only 1 transaction each for Waterwoods, Twin Waterfalls and The Amore, it is meaningless and misleading to include them in this analysis. they should have been excluded, especially when Waterwoods and The Amore have not even reached MOP yet. 4) for the charts on smaller and bigger homes, not quite sure why you split out the median transacted prices and median floor area when you could have just used median transacted psf, which would be more accurate and comparable. Overall this analysis can be improved with more consideration of the underlying data as well as presenting it comparably.
Not worth to pay $1.5m - $2m for an HDB unit. Generally, a condo has a better-quality resident, gym, swimming pool and security. We have only one life, a priceless life. Smart to enjoy life a bit to live in a condo. Wealthy people from villas, bungalows, terraced houses, condos generally prefer quietness and peacefulness, away from the crowded and congested areas. Have money, enjoy lah, why live and die like a beggar? SG transport system is quite efficient, no need to live within one meter away from a MRT or a bus interchange. Many Billionaires and Ministers from around the world are not educated from the top schools. Very importantly, invest in a property as a hedge on your money in long term and to invest in the property smartly at a fair value, no as a sucker to pay much more
Sure or not
Hi noted that the capital gains varies quite widely for ec, with Esparina faring the best to Austville the lower end. How do we consider between Ola and Piermont Grand to make sure we pick the one with the most potential gain?
Sean,
1) showing the absolute median profit is fine, but you should have also plotted the percentage median profit as a line chart on the secondary axis for comparability.
2) same for the bullet chart on resale transactions, it's fine to show the absolute number of resale transactions, but you should have also plotted the percentage of resale transactions out of total number of units as a line chart on the secondary axis for comparability. example is River Isles and Treasure Trove which have almost the same number of resale transactions, but we can see that River Isles sold 3.4% of its units compared to 2.3% for Treasure Trove.
3) with only 1 transaction each for Waterwoods, Twin Waterfalls and The Amore, it is meaningless and misleading to include them in this analysis. they should have been excluded, especially when Waterwoods and The Amore have not even reached MOP yet.
4) for the charts on smaller and bigger homes, not quite sure why you split out the median transacted prices and median floor area when you could have just used median transacted psf, which would be more accurate and comparable.
Overall this analysis can be improved with more consideration of the underlying data as well as presenting it comparably.
Love it !