A Painful Property Investment- The Surprising Decline of CCR Properties in Singapore's Bull Market

Welcome to my channel! This is Eric with a P, and in today's eye-opening video, we delve deep into an intriguing aspect of Singapore's real estate market. 🏙️🔍
We're exploring a unique property located in the coveted District 9, known for its prime location and desirable amenities. Despite being a dream destination for many, this property, along with others in prime areas, has seen a surprising drop in value during Singapore's recent property bull run. 📉🤔
Why is a property that seems to tick all the boxes not topping the wishlist of local families? Why are investors opting for locations further from town rather than closer? And most importantly, why has this property's value plummeted by a staggering 40%, a loss of about $1 million since its purchase in 2011? 🏡💰
Join me as we unravel the answers to these questions. We'll look into the history of foreign investments in Singapore's real estate, the government's interventions, and the changing trends among local buyers and investors. This journey will offer invaluable insights for anyone interested in property investment or seeking "under-value" deals in prime locations. 🌏💼
Don't miss out on understanding the complexities behind the fluctuating property prices in Singapore's prime districts. Whether you're a seasoned investor, a first-time buyer, or simply curious about the property market, this video is for you.
Like, share, and subscribe for more in-depth analysis and real estate secrets. Your support for my first video would mean the world to me! 🌟
#SingaporeRealEstate #PropertyInvestment #EricWithAP #District9 #RealEstateTrends #InvestmentInsights #PropertyMarketAnalysis
Timecode
0:00 Problems within CCR Properties
0:48 Intro: Why? What Happened?
1:14 The Background: Why did the owner make the purchase?
2:13 The Problem
2:47 The ABSD Effect
3:13 The Result?
3:47 The Shift in Local Buyers’ Preferences and Its Impact
4:45 The Dilemma of Foreign Owners in the Current Market
5:25 The Conclusion: To buy or not to buy CCR property in 2024?
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Connect with Eric With a P on Social Media:
➡︎ Instagram: @ericwithap
➡︎ Whatsapp: @ wa.me/6598253682
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My mission here is to empower home buyers, property investors, and especially those with little experience in property buying or investment in Singapore, to gain clarity and make sound decisions when it's their turn to navigate the market. This channel is dedicated to demystifying the property market, providing in-depth analysis and clear insights to help you make informed choices.
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Disclaimer: The information provided in this video is for educational and informational purposes only and should not be construed as financial or investment advice. The content is based on personal research and insights and may not reflect the most current market conditions. Viewers are advised to conduct their own research or consult with a professional advisor before making any investment decisions.

[@user-sb5jb8yc1g]

Got substance good stuff

[@joshconsultancy]

Hey Peric looking good, smashed the LIKe 👍👍😃

[@ericwithap]

Thanks Josh! 🙏🏼

[@zackchoy1969]

Well Done Eric !

[@newdata]

trend is 90 percent absd

[@planwithisaac]

Very well made for 1st video! Though CCR price is down, but demand will still be low due to the 60% ABSD I feel. Coz exiting will be an issue :(

[@ericwithap]

Thanks for the kind words. Will be doing another topic on some discounted CCR properties soon. Stay tuned

[@themikeygervin]

I live in CCR and though demand is low, I was able to move from Bukit Timah to Holland V. I appraised my condo with Homer AI by ohmyhome and I realized my house had appreciated more than I thought and Homer gave me a pretty accurate evaluation. Don't be discouraged

[@ericwithap]

@@themikeygervin Bukit Timah/ River Vallye/ Holland V are blue chip locations. They are liked not only by foreigners but well-to-do local families as Top schools are nearby. As the market goes up so will these properties.

[@kupperbush950]

very good video. but just reduce the background music in general, and drum effect at key points.

[@ericwithap]

Thanks for the tip

[@tansongpor7026]

Your background music is too loud compared to your voice.. the clips you injected is also too loud

[@ericwithap]

Thanks for the feedback! Indeed there are quite a few defects in this video especially the audio output. Will improve on this👍🏻

[@FrenziedFishing]

music too loud

[@melvinwh]

Which property is this, and what are other developments like this?

[@leonardyong2590]

Actually if u don’t tell us which development ure talking about then it’s quite irritating

[@gohsiakweng3804]

Poor sound, noisy background

[@daphnezhang3113]

Has this property sold?

[@ericwithap]

Not for sale. It is rented already