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Don't Be Fooled by New Condos! Older Properties Can Be GOLD
New condos = but $$$$$
Older condos = but can be GOLD
Don't be fooled by the "new is better" myth! ‍♂️
Unlock the profit potential of older properties!
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zhlédnutí: 316

Video

Q1 2024 - Residential Leasing Market Update
zhlédnutí 323Před 2 měsíci
Welcome, to an insightful CZcams video discussing the Q1 2024 market update for the rental leasing market in Singapore. If you're eager to stay informed about the housing rental market and seeking valuable knowledge to guide your decision-making, you've come to the right place. In this video, we'll delve into the current state of the rental leasing market in Singapore and uncover the factors dr...
Will your CPF or your Property help you BETTER for your retirement?
zhlédnutí 108Před 4 měsíci
We take real-life examples of someone who started their adulthood in 1994 and study how the different housing options would affect his retirement today. We'll also delve into the evolving CPF retirement sum and how it compares to property investments, proving that a blend of both might be the key to a comfortable retirement. 🏠 ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ ARE YOU PLANNING ...
Migrating out of SG? What about your HDB?
zhlédnutí 1KPřed 5 měsíci
Met a client who secured a job contract overseas for 2 years . They wanna cash out of their HDB and get some rental income. But....... they're missing something...... let's check out their options. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ ARE YOU PLANNING TO UPGRADE YOUR PROPERTY? Reach out to us and we will answer all your questions! 🤩 📲 Facebook: www.messenger.com/t/herohomes.sg 📲 W...
The Hidden Gems of Singapore's Older Condos: Melville Park, Pinevale, and Loyang Valley
zhlédnutí 2,7KPřed 6 měsíci
In a world where newer condos dominate the market, it's easy to overlook the hidden gems of Singapore's older condos. In this video, we take a closer look at three projects that have stood the test of time: Melville Park, Pinevale, and Loyang Valley. Despite being 27, 38, and 24 years old respectively, these condos have proven to be lucrative investments for savvy buyers. In fact, recent sales ...
HDB Upgrade Boom: How 2024's Market Dynamics Are Shifting Demand
zhlédnutí 818Před 6 měsíci
In 2024, a pivotal shift in Singapore's property market is underway as the first wave of condo downgraders, previously restricted by a 15-month ban, re-enter the HDB market, triggering a surge in upgrading activity. With interest rates poised to drop, the landscape is ripe for first-time private buyers and upgraders seeking more affordable homes. This video unravels the market's rising affordab...
2024 Singapore Property Market Forecast: Maximize Your HDB Upgrade
zhlédnutí 773Před 6 měsíci
Step into the 2024 property landscape with Herohomes.sg as we dissect the latest market shifts that could impact your HDB upgrading plans. With a significant release of new BTO flats and changing interest rates on the horizon, our analysis provides crucial insights for homeowners looking to navigate these changes strategically. We examine the slowdown in HDB resale price growth and what this me...
Why Sellers Shouldn't Be Present During Viewings
zhlédnutí 613Před 8 měsíci
Sellers, wondering why you're asked to step out during a property viewing? 🔑 Discover why this trend, once exclusive to high net-worth individuals, is now becoming commonplace in the HDB market. We delve into the psychology of buyers and how their viewing experience can impact their decision. Let's discuss why a professional agent is crucial in managing this process and how sellers can still sa...
Singapore Rental Market 2023: Insights & Trends for Relo Tenants
zhlédnutí 395Před 8 měsíci
Are you a tenant in Singapore or planning to become one? Get the latest insights into the Singapore rental market in this video. We cover key trends from the Urban Redevelopment Authority's report, including a surge in condo completions, rental market stability, diminishing demand and upcoming lease expirations. Don't miss our overview of the average rental prices across various districts and c...
Sell First or Buy Your Next Home? | BTO Upgrading Guide
zhlédnutí 254Před 8 měsíci
Are you planning to upgrade from your BTO apartment in Singapore and wondering whether to sell first or buy your next home? Let's navigate the complex 'sell-buy' situation. Heikal from HeroHomes.sg delves into this common real estate conundrum. Learn from his personal experience and professional advice about the property upgrade process. ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ ARE YO...
How Will the 15-month Wait Out Period for Condo Downgraders Actually Impact HDB Upgraders?
zhlédnutí 619Před rokem
Insightful Real Estate Update!💡 Join Heikal and Adee as they unveil the often-overlooked opportunities for clients upgrading today. Learn about the impact on HDB upgraders, ideal property choices, and effective strategies to increase your loan eligibility. 📈 00:00 Introduction 00:39 FAQs 01:40 Market Analysis 02:46 Impact on HDB Upgraders 07:52 What property to buy? 10:05 Ways to Increase Loan ...
New 60% ABSD: Will HNWI Foreigners bite?
zhlédnutí 254Před rokem
Is Singapore's new property cooling measure, increasing foreigner ABSD to a whopping 60%, a secret strategy to attract high-net-worth individuals to apply for citizenship? Let's dive into this highly speculative idea, despite Singapore's MHA refuting the claim, and explore the links between these articles and the growing number of foreign property buyers in 2022. Join us in unraveling this intr...
Resale Home Nightmares: How to Avoid!
zhlédnutí 788Před rokem
Resale Home Nightmares: How to Avoid!
Hunt for the cheapest Maisonette in SG: April 2023
zhlédnutí 301Před rokem
Hunt for the cheapest Maisonette in SG: April 2023
IRAS Cracks Down: 99-1 Tax Evasion Dilemma
zhlédnutí 400Před rokem
IRAS Cracks Down: 99-1 Tax Evasion Dilemma
Should You Really Buy a Condo?
zhlédnutí 456Před rokem
Should You Really Buy a Condo?
Fixed Rates are Dropping | Property Updates
zhlédnutí 407Před rokem
Fixed Rates are Dropping | Property Updates
HDB Flat Prices Peaked? What's Next? 🏠💰 | Chill Chat
zhlédnutí 20KPřed rokem
HDB Flat Prices Peaked? What's Next? 🏠💰 | Chill Chat
When to Upgrade to an Older and Cheaper Private Property?
zhlédnutí 50KPřed rokem
When to Upgrade to an Older and Cheaper Private Property?
How to make $300k from Brownstone today
zhlédnutí 3,9KPřed rokem
How to make $300k from Brownstone today
Undersupply in the Market
zhlédnutí 439Před rokem
Undersupply in the Market
Sceneca Residence: Is Cheaper a Better Deal?
zhlédnutí 237Před rokem
Sceneca Residence: Is Cheaper a Better Deal?
Sceneca Residence: 2023's First New Launch
zhlédnutí 158Před rokem
Sceneca Residence: 2023's First New Launch
Is Buying Older or Younger Resale EC Better for Upgraders?
zhlédnutí 1,4KPřed rokem
Is Buying Older or Younger Resale EC Better for Upgraders?
Can old resale properties still be profitable? Lease decay debunked.
zhlédnutí 1,5KPřed rokem
Can old resale properties still be profitable? Lease decay debunked.
Quickfire News Market Updates
zhlédnutí 241Před rokem
Quickfire News Market Updates
I made $300k profits from a resale condo in 3 years. Who needs New Launches?
zhlédnutí 1,6KPřed rokem
I made $300k profits from a resale condo in 3 years. Who needs New Launches?
Not so good.... Layout / Financing Issues for buyers : Tenet at Tampines EC
zhlédnutí 2,5KPřed rokem
Not so good.... Layout / Financing Issues for buyers : Tenet at Tampines EC
Supply & Demand Issues for New EC : Tenet at Tampines EC
zhlédnutí 1,1KPřed rokem
Supply & Demand Issues for New EC : Tenet at Tampines EC
How BTO supply has impacted HDB Resale prices since 1990
zhlédnutí 571Před rokem
How BTO supply has impacted HDB Resale prices since 1990

Komentáře

  • @rafumat
    @rafumat Před 29 dny

    Now 5 room flats have reached to 1million mark.. where got go down..

  • @user-rx6ws7yd5g
    @user-rx6ws7yd5g Před 2 měsíci

    Do you trust your agent's valuation? Ever wondered about your neighbor's selling price? #Ohmyhome

  • @KentBravo-uo6pj
    @KentBravo-uo6pj Před 3 měsíci

    Can you rely on your agent's valuation? Curious about your neighbor's selling price? #Ohmyhome

  • @17teeth
    @17teeth Před 3 měsíci

    Nonsence la lease decay… property prices up up and away

  • @lishr4536
    @lishr4536 Před 3 měsíci

    so for this year will rental remain stable or go down? if I have a unit to rent out, will I be able to do so in 2 months or less if I'm asking median of last 3 months transacted?

  • @icefusion85
    @icefusion85 Před 4 měsíci

    This is why we need to meet up bro haha great vid cya when im back

  • @ericlim428
    @ericlim428 Před 5 měsíci

    Presently owned a Hdb Masonette which are 35yrs old . Only 3 of us are staying in after one daughter got married . My rare ground level with all amenties around in minutes . How would u advise , sell or hang on for awhile more ?? 🤜🤛

  • @ngym20s
    @ngym20s Před 5 měsíci

    Past perfornance doesnt guarantee future performance

  • @danielwly1703
    @danielwly1703 Před 5 měsíci

    New HDB flat will face another 5 years MOP. If HDB rejects their appeal to rent out the whole unit, their cashflow will be blown. Just keep the flat and rent it out since they already MOP-ed.

  • @koruspring1519
    @koruspring1519 Před 5 měsíci

    tldr; sell it.

  • @twong6531
    @twong6531 Před 6 měsíci

    BAD CHOICES!

    • @HeroHomessg
      @HeroHomessg Před 6 měsíci

      Why? These old projects already made $300-400k :D

  • @windydragon6522
    @windydragon6522 Před 6 měsíci

    Hope so.

  • @liamporter1137
    @liamporter1137 Před 8 měsíci

    Make sense.

  • @gaadisajaalalaa1117

    Woowwww 🎉

  • @jonachan2865
    @jonachan2865 Před rokem

    Hi, if i dont plan to sell my hdb, even until the time i retire, will these interest accrued from the loan affect the cpf i can get when i retired?

  • @RoyShouriMustango
    @RoyShouriMustango Před rokem

    Try to live in a crematorium

  • @oki148
    @oki148 Před rokem

    thanks for sharing, moral of the story is to buy from an idiot and sell to another idiot 3 years later :D

  • @SGMOTOCAT
    @SGMOTOCAT Před rokem

    can buy groceries from that Shopee meh?

  • @oki148
    @oki148 Před rokem

    why not make a video for 2013-2018 😂

  • @emanahmer2734
    @emanahmer2734 Před rokem

    😅kjjj9

  • @nickng3864
    @nickng3864 Před rokem

    Price have to fall, in fact 3 room resale price have dipped by 0.3% for Mar and hopefully it will continue to slide further in the coming months especially if there is a recession.

  • @put4ng1n4m0
    @put4ng1n4m0 Před rokem

    Can you share your opinion on PLH, whether from an investment POV it is worth the long investment horizon? What if the PLH is bought under a single applicant (partner registered as a occupier to allow purchase of a Private Condo)? Thank you

  • @icannWong
    @icannWong Před rokem

    mkt say say only, No action talk Only

  • @donlyone5787
    @donlyone5787 Před rokem

    Very informative video, thank you for the genuine help. Glad to hear that they accept N-level as a minimum education, am very interested to pursue this as my career. Keep up with the good videos 👍

  • @chinchowpowpook
    @chinchowpowpook Před rokem

    So, to buy super old ec like northoak or other 3 bedder at 1.1m,,but do rental like co living, make sense? Not for own stay..which old ec near station???

  • @sureko9808
    @sureko9808 Před rokem

    If family A were to use the 400k to invest in any other investments that can generate say a modest 4% annual returns like Reits on average for 10 years, he would have made 48% of the 400k, which is 192k. It's a matter of opportunity cost. And furthermore, if within this 10 years, Family B meets with situation that requires urgent money needs, he can simply withdraw the 400k from his investments while Family A is stuck with a house full of equity but can't be used until they sells the house.

    • @HeroHomessg
      @HeroHomessg Před rokem

      100% correct on this. nothing for me to disagree on! best to learn/read up and prepare for a healthy retirement :)

  • @andyyan7525
    @andyyan7525 Před rokem

    Hi Bro, how do you find Coco palms condo for investment? I am thinking about the future MRT station in Pasir Ris CR/CP line and the entry of recent new launch Pasir Ris 8 with a fantastic mixed development ?

  • @syahibafarzreena
    @syahibafarzreena Před rokem

    But if U buy now say for example $595,000,25-30years down the road,U want to sell,it wont be at the Price U buy,pandai...

  • @sureinj5825
    @sureinj5825 Před rokem

    We are looking at Regent Heights. But the current prices are off the roof!

  • @sureinj5825
    @sureinj5825 Před rokem

    Great video la guys. I'll be in touch soon

  • @sureinj5825
    @sureinj5825 Před rokem

    Great video, my wife and I were wondering if old properties is worth buying. Another quick question, do you think since the high supply for projects completing in 2023 there will be a drop of prices by end of this year? So buying end of this year will be the best timing? As you showed 2026 it will repeat cycle then we could flip at 2026?

  • @sureinj5825
    @sureinj5825 Před rokem

    Bro but got people buy at this 2022 prices?

  • @Wyald
    @Wyald Před rokem

    Fuken scam

  • @saigo1718
    @saigo1718 Před rokem

    Bto price BEFORE SUBSIDY must drop first.

  • @hokkiengospel
    @hokkiengospel Před rokem

    That's not "PROFITS" you idiot. 20% to 26% income tax in sale year, CPF min sum debt about 30-40%, interest about 50%, you LOSE LOSE LOSE about [-10%] to [-20%]. DO NOT FORGET steep bank fees, transfer fees, levies. What was your grade for University Advanced level Math?

  • @dufreversi42
    @dufreversi42 Před rokem

    Dont wait for too long either. In my case I didnt use on the resale flat, now when I want to BTO realize my salary has already exceeded the limit. This means I will get $0 from HDB housing grant. Ouch.

  • @ahpat1
    @ahpat1 Před rokem

    Probably one of only few honest video about Tenet EC. Good video.

  • @muhammadnoorbinrohani39

    HDB Jumbo Flats. Wow.

  • @kn283
    @kn283 Před rokem

    Why is park green 17yo? the 99y lease start from 2001 so is 21yo already, no?

    • @HeroHomessg
      @HeroHomessg Před rokem

      Hi yes u r right, land tenure from 2001. the project itself completed in 2005 from our sources. So counting how old the condo is, not the land tenure. hope this clarifies!

  • @ashleylim4787
    @ashleylim4787 Před rokem

    Thanks for this informative video, and it’s relevant for us as we are looking at upgrading to resale within D19. Good to hear 2023 will be an advantageous year for us. Keen to get your thoughts on Riversound Residence that’s beside, and also what’s different now is rising interest rates - how do you think that’ll affect prices and demand in 2023?

    • @HeroHomessg
      @HeroHomessg Před rokem

      Thank you for your comment! Our clients who have seen both Austville and RR, have concerns about the lack of a store room in the entry level 3 bedroom unit at Riversound. It's definitely something to consider, especially for families looking to upgrade from HDB. On top of that, it's interesting to see that the 3 bedroom units at both Riversound and Austville are currently going for around $1200 per square foot. I'm surprised that Austville has reached the price of a full PTE neighbor in just 4 years on the resale market despite having lower quality facilities than RR (IMO). It's definitely something to think about as we help our clients make a decision.

  • @gomugomu4489
    @gomugomu4489 Před rokem

    Nice vid! I was going thru D19 transactions lately and saw the Florida and quartz didn’t moved much (I think) compared to the time I was buying. Are they performing okay? If not, is it due to the age?

    • @HeroHomessg
      @HeroHomessg Před rokem

      Hi, Depends when you bought your condo. but from 2013 to 2017, Quartz went DOWN by 7%, Florida down 2%. But from 2017 till today, Quartz is UP 27%, Florida UP 24%. Hope you have been holding on! We're right in a middle of a bull run and possibly looking at a new run starting again with a lack of supply in the market now.

    • @gomugomu4489
      @gomugomu4489 Před rokem

      @@HeroHomessg oh good to see they are holding up well! Yep I just brought so I have to hold. I am just comparing 2021 and 2022 data, perhaps it is better to compare longer term.

  • @prophunter8865
    @prophunter8865 Před rokem

    Better to buy Treasure@Tampines subsale than Tenet EC new sales.

  • @alyishunibinalyishuni3098

    Awesome presentation

  • @kn283
    @kn283 Před rokem

    Can you explain further about TPE facing windows only parts of it that can open and close? This was not mentioned anywhere in the brochures 😮

    • @HeroHomessg
      @HeroHomessg Před rokem

      Hi it's to allow ventilation while still keeping the bigger windows closed. To reduce the TPE road noise and still have the breeze coming in 👍

  • @HeroHomessg
    @HeroHomessg Před rokem

    czcams.com/video/EUi0ZhAVqvI/video.html video by Josh Tan shown in the video above

  • @gparamaeswary7276
    @gparamaeswary7276 Před rokem

    Well done!

  • @cdang8742
    @cdang8742 Před rokem

    Developer have to adjust their offer price.. they know that valuation have changed.

    • @HeroHomessg
      @HeroHomessg Před rokem

      there's not much room to go down from 1300-1400psf, due to the land cost they had to pay to win the land tender. eventually when the Tampines AVE 11 across the street gets launched at 2100-2300psf, tenet will look dirt cheap.

    • @cdang8742
      @cdang8742 Před rokem

      @@HeroHomessg why developer cant lose money issit? Building material cost including freight all decrease already. The truth is valuation matrix have changed. Im sure you spoke to bankers and they should have told you that. The latest GLS showing developer isnt very optimistic, infact one plot has a lower psf compared to the last similar plot and the other is 15% over bid vs 2nd developer. Property affordability for EC is so tight......

    • @HeroHomessg
      @HeroHomessg Před rokem

      @@cdang8742 agree - EC MSR @ 30% doesn't make sense any more with the new benchmark pricing. the target audience for ECs might be very well priced out because of tightening financing. are you referring to the lentor land plots? if yes, then thats were we can find value buys. lentor modern went for a premium due to its integrated status. but by buying the plot next door, i think you can save 10-15%, just need to cross one small road everyday. :D time will tell if developer will makan the market next year haha..

  • @sof286
    @sof286 Před rokem

    Would brownstone price around 1.3 for 3br 3bath ok?

    • @HeroHomessg
      @HeroHomessg Před rokem

      brownstone - cheapest EC that just MOP, and mins walk to MRT. with a huge catchment of BTO upgraders at your doorstep. very hard to go wrong here. Btw we have a unit for sale in brownstone too, let us know if you'd like to view

  • @kn283
    @kn283 Před rokem

    Waiting for your next video on cons of tenet