Do consider other factors like human traffic in a development. In my observation, most ECs are very crowded. Do have a house visit on a weekend and one will still notice a tad difference between EC and private condo. For families seeking for liveability, 300-450 units project will be a decent consideration.
Hi there! Thanks for bringing that up! It is true because most ECs are long-term, own-stay options for families. So we do expect to see a higher human traffic. Very much like the example I used, we will see more people in the night market than in a fancy restaurant :)
Hi John! Thanks for the question! 🙂 I have an upcoming video for Hundred Palms because so many of my clients are waiting for it to reach MOP! Stay tuned for it!
Thank you for making this super helpful video, may I know your opinion on buying Forestville or Bellewoods? I just sold my DBSS and need to buy an apartment for own stay asap.
Thanks for the kind words! I'm assuming you are getting a 4-bedroom as your next home. Forestville and Bellewoods are just 1 year apart, I would say both are safe to enter. The difference to note is, that most of the 4-bedder in Forestville have small common bedrooms (Can only fit in a single bed) Whereas for Bellewoods, most of their 4-bedder can fit a queen-size bed with walking space. Personally, I would choose Bellewoods over Forestville for this reason. Hope that helps!
Hi! No one can accurately tell how much annualized return one can get for any project. However, I believe Northwave is gonna enjoy a huge spillover effect from the recent Norwood Grand launch. Just compare the PSF gap between the two. Norwood $21xx VS Northwave $12xx. Do you think entering at $12xx and exiting at $15xx - $16xx is difficult in the future?
Hi there! Thanks for the compliment! Sol Acres is one of the best hidden gems in the West. One of our clients upgraded to a 3-bedder in last year Dec, and now it's up $100,000+ already 😎
Exactly the topic I was waiting for 😀. Bought a resale sol acres 3 bedder this year as that's one of the 'lowest' quantum for a relatively new development (5-10 years old) in west area. Bought in at around 1400 psf. By year 2030, will we be expecting 1800 psf & above with the disparity gap of new launch OCR condos? (For sol acres; comparing to the arden nearby at 1km which is already at around 1700psf before top) Thanks and btw, enjoyed your presentation, topics and had subscribed. 🎉
Hi! I'm assuming your actual question should be "Can a 20-year-old resale EC still make money?" If you are not concerned about making a profit, purely buying for own stay, then I think it is perfectly fine to go for it as long as it meets your family's needs.😁
@@brunog6151 Just my 2 cents, anyone is open to disagreeing ya. 1. A 20yrs property + another 10 years of you staying in it, that would make it 30 years old. What makes it so special for the next buyer to consider buying over a 3 decade old property? 2. You definitely need to spend money on renovation, for an "aging" property, that's a sunken cost that will eat into your profit (if there's any). 3. I'm certain there is still a group of "first owners" who have entered at extremely low PSF and have not sold yet. What is your entry price gap vs theirs? How big is the gap? 4. 10 years down the road, all properties will rise in value due to asset inflation, you will sure see gains but it won't be as much as the newer one. Consider reaching out to me at 83399403, and we can work on your case privately. 🙂
But if i buy an EC now that was built in 2019, it means i have to sell by 2029 or else its "older" than 10 years old already and becomes unattractive to the next buyer?
Hi Aloysius! That's a solid question and a potential concern for myself too! It's not so much about the "age" of the project but rather the entry price gap between you and the first owner. I will make an in-depth video addressing this!
Claim your FREE PDF - [Resale EC Scorecard], drop me a text at wa.me/6583399403
Can do a video on watercolors in pasir ris?
Do consider other factors like human traffic in a development. In my observation, most ECs are very crowded. Do have a house visit on a weekend and one will still notice a tad difference between EC and private condo. For families seeking for liveability, 300-450 units project will be a decent consideration.
Hi there! Thanks for bringing that up!
It is true because most ECs are long-term, own-stay options for families. So we do expect to see a higher human traffic. Very much like the example I used, we will see more people in the night market than in a fancy restaurant :)
Thank you for the video! Very insightful! What is your score for hundred palms residences?
Hi John! Thanks for the question! 🙂
I have an upcoming video for Hundred Palms because so many of my clients are waiting for it to reach MOP! Stay tuned for it!
Thank you for making this super helpful video, may I know your opinion on buying Forestville or Bellewoods? I just sold my DBSS and need to buy an apartment for own stay asap.
Thanks for the kind words!
I'm assuming you are getting a 4-bedroom as your next home. Forestville and Bellewoods are just 1 year apart, I would say both are safe to enter.
The difference to note is, that most of the 4-bedder in Forestville have small common bedrooms (Can only fit in a single bed)
Whereas for Bellewoods, most of their 4-bedder can fit a queen-size bed with walking space.
Personally, I would choose Bellewoods over Forestville for this reason. Hope that helps!
What will your exit strategy be for Northwave EC? At what annualised return?
Hi! No one can accurately tell how much annualized return one can get for any project.
However, I believe Northwave is gonna enjoy a huge spillover effect from the recent Norwood Grand launch.
Just compare the PSF gap between the two. Norwood $21xx VS Northwave $12xx.
Do you think entering at $12xx and exiting at $15xx - $16xx is difficult in the future?
Great video Kaiser! Any thoughts on Sol Acres and where does it stand on your scorecard?
Hi there! Thanks for the compliment!
Sol Acres is one of the best hidden gems in the West. One of our clients upgraded to a 3-bedder in last year Dec, and now it's up $100,000+ already 😎
Exactly the topic I was waiting for 😀. Bought a resale sol acres 3 bedder this year as that's one of the 'lowest' quantum for a relatively new development (5-10 years old) in west area. Bought in at around 1400 psf. By year 2030, will we be expecting 1800 psf & above with the disparity gap of new launch OCR condos? (For sol acres; comparing to the arden nearby at 1km which is already at around 1700psf before top) Thanks and btw, enjoyed your presentation, topics and had subscribed. 🎉
Congrats on your new home! 😊
Personally I foresee sol acres crossing $1800psf. Easy. 🤫
@@kaizerhomeadvisory thanks for the reply. When time is ripe for exit, reach out to you again for next step of planning. 🎉
@@Swiftab2 Stay tune for my upcoming video too, as I will be sharing my personal plan on resale EC too :)
What do you think Inz Residence?
Hi! In my humble opinion, Inz Residences has a great potential to make big bucks, given that the future CCK west MRT is coming 😎
I see. Hope to see more of your videos with useful information.
If you can afford, dont walk, chiong ah!!!!
@@kaizerhomeadvisory hahah. Chiong.
20 yr old resale EC can buy?
Hi! I'm assuming your actual question should be "Can a 20-year-old resale EC still make money?"
If you are not concerned about making a profit, purely buying for own stay, then I think it is perfectly fine to go for it as long as it meets your family's needs.😁
@@kaizerhomeadvisory hi. Thanks. Priority for own stay. But am hoping that maybe 10yrs down, can still make money from it. Possible?
@@brunog6151
Just my 2 cents, anyone is open to disagreeing ya.
1. A 20yrs property + another 10 years of you staying in it, that would make it 30 years old. What makes it so special for the next buyer to consider buying over a 3 decade old property?
2. You definitely need to spend money on renovation, for an "aging" property, that's a sunken cost that will eat into your profit (if there's any).
3. I'm certain there is still a group of "first owners" who have entered at extremely low PSF and have not sold yet. What is your entry price gap vs theirs? How big is the gap?
4. 10 years down the road, all properties will rise in value due to asset inflation, you will sure see gains but it won't be as much as the newer one.
Consider reaching out to me at 83399403, and we can work on your case privately. 🙂
But if i buy an EC now that was built in 2019, it means i have to sell by 2029 or else its "older" than 10 years old already and becomes unattractive to the next buyer?
Hi Aloysius! That's a solid question and a potential concern for myself too!
It's not so much about the "age" of the project but rather the entry price gap between you and the first owner.
I will make an in-depth video addressing this!