HUGE GAINS - I looked for THE REASON why someone can PROFIT $770,000 buying a condo in Singapore...
ฝัง
- เผยแพร่เมื่อ 22 พ.ค. 2024
- This condo is right beside a popular primary school and it looks like a good buy now! However, sales was actually horrible during launch.
Today we'd discuss observations from The Panorama and learning lessons from Sky Habitat.
ENGAGE Josh Tan on a fee for full retirement planning NOW - Hear the IMPROVEMENTS you can make IMMEDIATELY!
► www.theastuteparent.com/josh-tan
Get your FREE stock from Tiger Account w Josh Tan:
► www.tigerbrokers.com.sg/signu...
Cheapest travel insurance (especially around Thailand, Malaysia, Vietnam...)
► joshtan.starrinsurance.com.sg/
Check this Personal Accident PA Plan with referral link for SOMPO PA EASE
► www.theastuteparent.com/2022/...
******
BUY SOMETHING YOU VALUE ✅ ✅ ✅ (All sales will be part of the $10,000/y JOSH TAN BURSARY to NTU for two deserving students or towards promoting financial literacy)
#1 ONLINE INVESTMENT COURSE AT JOSH TAN ACADEMY
► Follow this link - jtinvestacademy.thinkific.com...
Why you do NOT need to spend thousands on investment courses?
LEARN HOW to research into stocks and identify multi-baggers (at least in Josh Tan's way). Course price at $37 only. NEW BONUS MODULE ADDED and UNLIMITED re-access given with this new structure for future revision.
#2 PRIVATE MEMBERS channel
► / @joshconsultancy
TIER #3 "LETS MAKE A DIFFERENCE " and TIER #2 "PRIVATE INVESTMENT VIDEO"
Will UNLOCK ALL VIDEOS especially those with VALUE/Momentum matrix on certain stocks!
TIER #1 Support our channel tier will unlock ONLY the cryptocurrency videos
****
FOR INVESTING, 4 SUGGESTIONS FOR YOU
Get your FREE stock from Moomoo:
► www.moomoo.com/en-sg/act/welc...
SYFE TRADE - syfe.me/3gcPk1Y
Referral code ASTUTEPARENT today with syfe and get $70 FREE (min $2k deposit and 1 trade to qualify)
► syfe.me/3gcPk1Y
Free stocks with WeBull stocks trading account! Get Your Free Shares! (T&C applies)
Step #1 www.webull.com.sg/i/joshtan
Step #2 - Go under open account and use Myinfo.
Step #3 - Deposit after application approved!
► www.webull.com.sg/i/joshtan
Seeking Alpha membership if you want research articles and tools (use my referral link now to get a SPECIAL discount!)
► www.sahg6dtr.com/4LNG39/R74QP/
TO LEARN MORE, 3 SUGGESTIONS FOR YOU
► NEW podcast channel "The Josh Tan Show" On Personal Finance: / thejoshtanshow
By Spotify - open.spotify.com/show/7Hdw7jm...
To see updates and polls, join my TELEGRAM "Josh Tan Investment Official Group" here
► t.me/pi21k
Meet Josh Tan On Instagram
► / joshconsultancy
ENGAGE Josh Tan on a fee for full retirement planning NOW - Hear the IMPROVEMENTS you can make IMMEDIATELY!
► www.theastuteparent.com/josh-tan
****
0:00 Introduction
0:53 Learning from THE PANORAMA
3:38 Popular school
4:58 Cannot be the reason
6:19 Buying price matters
9:00 3 learning points
#property #sgpropertyinvestment #propertysg #sgproperty
We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.
*******
About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.
As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.
ENGAGE Josh Tan on a fee for full retirement planning NOW - Hear the IMPROVEMENTS you can make IMMEDIATELY!
► www.theastuteparent.com/josh-tan - บันเทิง
No ads, no fancy investment courses... If you've found value from the sharing and would like to give your support, purchase the SUPER THANKS stickers today.
It is the purest form of contribution. Thank you for the support =)
If you missed episode 1 of this series: I realised NOT ALL new launch condo in Singapore made BIG profits... th-cam.com/video/jRy7Kzy6ckU/w-d-xo.html
If you missed episode 2 of this series : I found FREEHOLD condo buyers in Singapore that have LOST MONEY... th-cam.com/video/nWUt2Kslejo/w-d-xo.html
I am a tenant living in Panorama. As the price jump a lot worried about my rent hike soon 😭 . Would like to mention another reason to push the price is phase 2/Phase 3 of thomson east coast line opening as this condo is near mayflower MRT.
Good point raised.
The sharp rent increment has been a concern to many tenants 🙏
Not really into property but like your content. Easy to understand.👍
Was wondering if you can do one on Riversound Residents in the future. Been curious about the performance of that place.
Thank you for the high praise.
Truth be told I havent heard of riversound residences yet. Hopefully got chance
Yes, many sentosa properties are purchased high.... even rental incomes are unable to cope with instalment and these are not in high interest environment, now the instalments are even higher
That was a clear case study of investor demand and not singaporean demand. When it evaporated with ABSD, prices declined massively
@@joshconsultancy poor Singaporeans love to follow trend whom have no holding abilities
i learn a lesson at stock market, luckily i always have habit of buying bit by bit, not all at one go. the lesson is : don't afraid of losing out, be afraid of buying expensive. now, at here, you remind me again that this principle even applies when buying property. Very big thank you for your always quality video, there is always something to take away from your video. 👍
Thank you Connie for the high praise 🙏
V truthful 👍🙏
Thank you for the high praise
Just 1 question, those U shape property, are they a good buy now? Since the 10 years grow have even out the premium initial buyer paid..🤔
Depends on your entry price which largely depends on market cycle and negotiation
Sky habitat have a huge balcony compared to panorama and sky vue due to its special design.
Not everyone likes to pay for balcony space hence I feel it’s 50% of the factor for the lost.
Looks nice from outside but not many people would pay a 3 bedder price for a 2 bedder unit at sky habitat for its huge balcony.
Interesting pov. I’ve yet to visit a unit inside
I think shop house can obtain higher gain and profit, MY friend bought a freehold landed shop house at Joo Chiat Road for S$2.8 millions 5 yeas ago. Today the same shop house can fetch for S$7.5 millions dollars. Landed shop house can be bought by foreigners without ABSD. That is why a lot of hot money coming into Singapore. His shop house can me for S$7k to S$8 K at ground floor for commercial use. Previously he rented it out to 4 fingers. The 2nd floor can be rented out for accomodation purpose for S$2 to S$3K. He bought it using a GST registered company. He can claim GST input Tax . For exit purpose , he can sell its shareholding to the buyer.
2.8 to 7.5? That seems a stretch.
Thanks for sharing, totally agree on the reasons. Several years back, I queued for a new launch property for 8hrs onsite and the developers withheld the prices until your number was called, basically forcing one to make the decision in
Thank you for your support =)
Wow that is some FOMO games by developers man...
Sky habitat is also 1km to cat high. So school didn't help it either
True true
👍👍👍👍👍👍👍👍👍👍👍👍👍
Sky Habitat was designed by a world renowned architect 😂
acquired taste =P
Yeah gone are the days where we have big spaces to share etc. Sky Habitat because of its design has much more outdoor spaces and hence PSF is lower vs Sky Vue. People want more squarish internal space which now all the condos are. They're just boxes. Sad😢