Hi Mr Lim. Understand you are an agent and it is in your interest to create fomo so that buyers pull trigger. You gave scenarios of fed cutting but you havent given scenarios where fed keeps rate higher for longer. Also fed cut means they are trying to save economy from recession. Usually that means we are in fear and are in a bad state. If you want more business, it is the sellers that need to reprice lower in the event we slide 10-15% over next 5yrs. It can happen and has happen before in 2013-2018
trying to create fomo as usual lol. Instead of saying prices may correct due to cooling measures, PLB tells you that your buying power might decrease so you better buy now!!!
I read that there is an increase in private property going into auction as insolvency rate increases,are we going to expect this figure to rise therefore creating a market for the buyer opportunity?
US CPI higher than expected. Market expecting 3 more rate hikes and for fed to keep rates higher for longer. Even if pause or rate cut in 2024 -2025 we might come back to 4% for another 3-5 years. Think about it.
Can we have an analysis on landed homes pricing in 2023 going into 2024 as well as the rental rates of landed home, will it gradually taper down too? Thanks
Hi melvin and team, i have just aquired a "just TOP" condo unit very near woodleigh mrt 2022 dec at 1989 psf, 3 br. What do you think will happen in 3 years for my exit based on current market information?
Just follow Chinese feng shui. Period 8 (the absolutely bullish cycle) ends in 2024. Period 9, coming, it ain't bullish. Congrats to those that bought earlier and sorry to those buying into tail end of Period 8.
Great video with full.of insights. Really love the contents. Quick question. With the 5 years cycle u mentioned.. by the year 2028 2029, with psf going most probably from 2.8k psf for new launches.. if a condo owner will to exit, what are the choices he can make? Bcos u sell high.. u buy high.. with price disparity between new launch and resale, does it mean going back to resale again or the wiser choice is back to HDB??
Thanks for your detailed analysis. What I feel will help me for such info-heavy videos is to speak slowly 😄. Although i can rewatch or slow the speed, it would really help. Thanks as always!
Hi Mr Lim. Understand you are an agent and it is in your interest to create fomo so that buyers pull trigger. You gave scenarios of fed cutting but you havent given scenarios where fed keeps rate higher for longer. Also fed cut means they are trying to save economy from recession. Usually that means we are in fear and are in a bad state.
If you want more business, it is the sellers that need to reprice lower in the event we slide 10-15% over next 5yrs. It can happen and has happen before in 2013-2018
"spectrum", "bandwidth", "vis-a-vis", "palatable", "pumped" etc... really love it!
trying to create fomo as usual lol. Instead of saying prices may correct due to cooling measures, PLB tells you that your buying power might decrease so you better buy now!!!
Tbh, I have no vested interest in this but the possibility of the latter is higher than the former....
I read that there is an increase in private property going into auction as insolvency rate increases,are we going to expect this figure to rise therefore creating a market for the buyer opportunity?
US CPI higher than expected. Market expecting 3 more rate hikes and for fed to keep rates higher for longer. Even if pause or rate cut in 2024 -2025 we might come back to 4% for another 3-5 years. Think about it.
Can we have an analysis on landed homes pricing in 2023 going into 2024 as well as the rental rates of landed home, will it gradually taper down too? Thanks
Landed rentals are terrible. Far less than what an owner has to pay in interest or opportunity cost
I’m more interested to understand the uncontrolled landed prices. If we were to progress this way, landed will be out of reach for most!
there about 10000 plus landed in Singapore only. work harder, invest even harder, if opportunities do come, don't miss it again.
Thanks for the information.
Hi melvin and team, i have just aquired a "just TOP" condo unit very near woodleigh mrt 2022 dec at 1989 psf, 3 br. What do you think will happen in 3 years for my exit based on current market information?
Just follow Chinese feng shui. Period 8 (the absolutely bullish cycle) ends in 2024. Period 9, coming, it ain't bullish. Congrats to those that bought earlier and sorry to those buying into tail end of Period 8.
Just buy! If you have more than 2 property vote PAP, if u don't have property don't vote PAP. Lol
Great video with full.of insights. Really love the contents. Quick question. With the 5 years cycle u mentioned.. by the year 2028 2029, with psf going most probably from 2.8k psf for new launches.. if a condo owner will to exit, what are the choices he can make? Bcos u sell high.. u buy high.. with price disparity between new launch and resale, does it mean going back to resale again or the wiser choice is back to HDB??
Do account recession especially US and West. Retrenchment is already happening.
Thanks for your detailed analysis. What I feel will help me for such info-heavy videos is to speak slowly 😄. Although i can rewatch or slow the speed, it would really help. Thanks as always!