🔥 Upcoming property webinar "How you can start building a profitable property portfolio?" 🎬 Register now! 📌 bit.ly/savvyrich3

@randyneo17

Ай бұрын

Hey Eric, the link isn’t working. Tried to register but couldn’t get through

@savvyericchiew

Ай бұрын

@@randyneo17 should be fine now thanks!

Your video opened up my old wounds; my bloody agent undersold by inter-terrace at Jalan Melor and then proceeded to sell my neighbour's house 1 million dollars higher than mine. All because I gave him a "gentleman's exclusive" and he became complacent and wanted to conclude the deal quickly and move on to the next one. From that time onwards, I treat all agents as scums.

@TheBebemom

2 ай бұрын

They are

@savvyericchiew

2 ай бұрын

Sorry to hear that 😢😢

@tayweijie7982

2 ай бұрын

Hello. I went and did a check. U sold your landed for 2.5 mil in 2021 march and your neighbor sold it for 3.5 mil in July 2021?. Man that was a big waste. For that land size of 2394 SQ ft even if the structure require a total rebuild. U could have gotten easily 4 mil dollar in 2023

@billtay2839

2 ай бұрын

@@tayweijie7982 yes! that was the one which that scum agent sold off cheaply and betrayed my trust in him. Never give exclusives to scum agents no matter what they tell you. It was a very expensive and painful lesson to me for listening to his "expert" advice.

@tayweijie7982

2 ай бұрын

@@billtay2839 oh well not all agents are like that. Well from those people that I have known that they engage services from property Lim brothers, they are reputable. Especially the founder Melvin Lim. Hard lesson learnt. Next time need to look at past transaction as a guide

Went to check out some of these previously but quite a few are being rented out / occupied by construction workers i think

@savvyericchiew

2 ай бұрын

Good to know 👍

Hey Eric! Can you do a review on freehold condos in the east area of sg? Have been seeing so many ads like Meyer Blues, Emerald of Katong, Katong Park, Amber Sea just to name a few.

@savvyericchiew

2 ай бұрын

Good idea! 👍👍

I know someone who bot this cheaply years ago. But struggling to hold on because they can't afford to rebuild. Hopefully they have sold off.

@savvyericchiew

2 ай бұрын

Hopefully they profited 👍👍

Bought one of those small houses as we are normal salaried workers, and our dream is just to be able to stay in our own small house. Flipping the house is a 2nd order priority. Alternative was new launch 99yr condo with 3 bedrooms with our budget. If you stretch yourself and can afford only a 99yr new launch 3-bedder, you may, like us also consider these small houses as an alternative. BTW there are also many of these 800-900sqft inter terraces in Thomson. Finally just a general comment. For some salespeople/business owners, this is a joke. But to those on normal average-ish salaries, this may be a dream. Just a perspective on why some people still buy these. :)

@savvyericchiew

2 ай бұрын

You are doing very very well. Not many can afford a freehold landed. Well done! 👍👍

@chowzisiong7800

2 ай бұрын

I did a simple search online recently. Came to the conclusion that about 5% properties in SG are landed. So if fh landed even less. So to own something less than 5% is definitely an impressive accomplishment imo

@savvyericchiew

2 ай бұрын

@@chowzisiong7800 wow I learnt something today! 🍻🍻

@hseochin

Ай бұрын

No i don't consider such house as a 'joke' because it boils down to what quality of living you want & size of your household & perhaps size of your car, if applicable ?! For me a house with it's own land has always been the superior class of living simply because nobody above & below you..just need to put up with the people around you..unlike in some condo or high rise where you have to put up with potential annoyances from 6 directions instead !! Someone does something above you causing leakage onto you or you unknowingly doing something causing leaks onto the person below you..such annoyances of cause not confined to leaks as with higher density high rise housing the overall level of privacy & quietness tend to be worse off compared to low density housing, the ideal being of course the detached bungalow ! The way i see it, Macpherson Garden Estate is like a niche market product simply because in more recent years or decades, there's no other development with freehold landed houses of such small land plots..which i find is a better suit for small households with say 1 to 3 persons with a car not longer than a Mercedes-Benz C-Class. Practically all other freehold landed houses in Singapore nowadays come with much larger land plots meaning unfortunately much higher price levels which therefore less attractive unless you have a large household with many cars THEN you'll consider those, otherwise these small houses in MGE are the more cost:benefit attractive ones to go for in this day & age, as far as i'm concerned. I use the left over funds to invest in another place or something else instead of putting insane amounts of fund into a big house when a cheaper small house would do practically fine. Just like a car, a smaller car need NOT mean a lower class car as it's the 'quality' that counts rather than the 'quantity' i.e. e.g. a Mercedes-Benz C450 can be spec up fully such that the 'standard' is on par if not better than a basic E or even S-Class..i find no point putting up with a long length car if i'm the self-drive type so LWB car (plenty of space behind to impress but serves no practical purpose !) can be done away with...also solves the problem of not being able to park inside the driveway of small houses like those in Jalan Gembira ! Those FH landed houses in Thomson area tend to have larger land sizes hence also higher prices so i don't think besides MGE, there's any other location in Singapore today offering similar size & pricing. Of course for people not keen in FH property yet want a house with garden here in this day & age, there's those single storey bungalows with 25+ years lease balance or those 2-storey houses with 10 to 25 or 30 years balance leasehold to consider.

Insights. Lately Mr. Loo channel keeps talking about properties

@savvyericchiew

2 ай бұрын

Hope he buys condo soon! 👍👍

T junction you can buy, but, on the boundary fence on road side install a small God idol. Also put a small reflector glass mirror.

@savvyericchiew

Ай бұрын

😂😂

Good and relax learning. Thank you Eric.

@savvyericchiew

2 ай бұрын

🙌🏼🙌🏼

Eric, is it a good idea to buy landed (semi-d) in one tree hill landed enclave? 😀 I heard Orchard not as profitable as elsewhere...

@savvyericchiew

2 ай бұрын

One tree hill landed is good too. It all depends on entry price

Do you actually help in finding suitable house? Hoping to find a landed in the next year or two.

@savvyericchiew

2 ай бұрын

I do consultations for landed. My team will send you 1-1 info here bit.ly/savvywa

For Jalan Gembira 900 Sq.Ft land plot, the most can just park in a Mercedes-Benz C-Class with the house gate shut, can get 1Ft. space between car bumper & front interior main door, just enough to get around the car ! Can squeeze in E-Class but the front gate needs to jut out a bit...i drilled another hole in front of the original hole to park the gate into this hole whenever there's a longer car in the driveway !

@savvyericchiew

Ай бұрын

Wow you have a nice car! 🥂

before u say i already know where lah LOL. e some road (behind shophouse one) real parking problem. u drive in arh... sometimes cannot turn and come out, have to reverse out sia. Not to say what, but the environment in sennet estate (cedar road etc that side) is much nicer. nearby sinming also have some very small landed...

@savvyericchiew

2 ай бұрын

👍👍

Thanks Eric for your honest and insightful videos. Do you think property market would be heading for a downturn soon? We are looking to buy a place in bishan for primary school, choosing between sky habitat and clover by the park. Do you recommend us to buy now and which would you recommend? Thanks in advance!

@savvyericchiew

2 ай бұрын

Never wait. Buy now at the right price is more important 👍

@TheBebemom

Ай бұрын

Of course he will say buy now la … 🤦🏻‍♂️

@skymyj964

Ай бұрын

Thanks eric! If you have to choose between sky habitat and clover by the park, which would you choose?

Hi Eric, what do you think of potential upcoming Tampines Ave 11 mega project mixed development?

@savvyericchiew

Ай бұрын

Will review 👍

should i buy Chuan Park or aim for a smaller inter terrace?

@savvyericchiew

2 ай бұрын

Good entry 4br will potentially win small inter 👍

hi eric, enjoying your channel. 🎉With the past few years increase in overall psf for all sectors especially condos and landed, will resale condo OCR hit 2k psf by year 2030? What's your projection for the resale psf for condo/landed in 2030? (assuming all things stay relatively constant, market sentiment and buying power etc.) Hope to hear from you and believe that many huat cakes here are holding onto resale condos and will like to know the projections too (a dedicated episode on this topic?) ☺🎉

@savvyericchiew

2 ай бұрын

Brand new OCR 2024 is 2000-2100psf. Brand new OCR 2030 I guess 2400-2500psf Resale 7-10yo OCR 2030 should hit 2000psf

@Swiftab2

2 ай бұрын

@@savvyericchiew 🎉

Hi Huat Kueh King, may I ask should I keep my 3.5 storey semi-d in district 23 for future capital gain by renting out in the meantime or just sell it to buy two 3 bedroom condo for investment? Thanks

@savvyericchiew

Ай бұрын

If you are not buying higher value after selling the current one then keep your SD. You only sell if you plan to buy bungalow in same area or SD in better district 👍 Well done in owning a SD 🙌🏼

Aiyoh.....!! The electrical cable still along the road one arh.....

@savvyericchiew

2 ай бұрын

😂😂

According to feng shui, bad to buy a house facing directly to the traffic.

@savvyericchiew

2 ай бұрын

Totally agree 🙌🏼🙌🏼

What are ur views for the coming Chuan Park Residence?

@savvyericchiew

2 ай бұрын

Will review once almost out

huat kueh leader, yesterday i in the ERA, the person who win the ticket never go hahaa. Side qn: given a GLS price, how to calculate the cost per sqft, and how to calculate developer break even cost please? Then afterwards is + 15% profit margin for developer = final selling price?

@savvyericchiew

Ай бұрын

The person actually went and told me they shy to put up their hands 🙌🏼

@Wswh123

Ай бұрын

@@savvyericchiew ah haha. eric can teach how to calcualte developer rough launch price? if GLS, psf is $1400. usually how much is developer cost altogether, and then multiple how many % for profit margin

Huat Kueh leader, great video

@savvyericchiew

2 ай бұрын

🙌🏼🙌🏼

Is 999-year landed the same as Freehold landed?

@savvyericchiew

2 ай бұрын

Yes same same

Inz residence worth to buy? Saw a transaction at 1173 psf think its cheap

@savvyericchiew

2 ай бұрын

Depends whether you like that area

loyang area near prison is it a good landed estate to enter？

@savvyericchiew

2 ай бұрын

Not all freehold landed are good for growth

Eric, if I really enjoy the vibes and living on Sentosa, is it bad to buy Sentosa landed? Checked some transactions and looks like only condos lose money, landed basically all profit

@savvyericchiew

2 ай бұрын

Usually foreigners buy Sentosa landed. Most locals buy mainland freehold landed

@johnbush3725

2 ай бұрын

@@savvyericchiew but price wise its still appreciating for Sentosa

@savvyericchiew

2 ай бұрын

@@johnbush3725 you can try getting one 😆

wah lao.. if only 884 sqft - the car porch.. inside is like HDB BTO 2 room ah? lol. i thought should not buy if its not above 1400 sqft?

@savvyericchiew

2 ай бұрын

I do advice min 1700sf. The bigger the better 😉

@kengleetan63

2 ай бұрын

But as landed FH cost of reasonable size cost go really high in a short few yrs from now. There will not be any FH landed left 'affordabe' with the exception of such landed. So demand will always be there, driving prices up too but not so quickly.

Thank you

@savvyericchiew

2 ай бұрын

👍👍

Buy FH landed buy until I can’t even park my car inside. I think my dog will disown me. 😊

@savvyericchiew

2 ай бұрын

🤣🤣

We're monitoring the situation closely. Please continue to close at higher and higher price.

@savvyericchiew

2 ай бұрын

😆😆

Nice car, Master!!

@savvyericchiew

2 ай бұрын

I will tell my sister in law 👍

Should I buy 2600 sqft land size resale semi D that is already fully built up in Serangoon garden or 3200 sqft land size also semi D that has 4500 sqft build up constructed 15 years ago in Braddell Heights? Both around same price

@savvyericchiew

2 ай бұрын

There are more factors to consider. I can’t advise just base on this. However I would choose bigger land

@TheBebemom

2 ай бұрын

@@savvyericchiewhmm why so?

@savvyericchiew

2 ай бұрын

@@TheBebemom bigger land makes more money 👍

Love these series pls do more landed series! Def not just simple like west sun n t junction!

@savvyericchiew

2 ай бұрын

Ya man got more factors 🙌🏼🙌🏼

For investment purpose, should buy inter terrace or semi d?

@savvyericchiew

2 ай бұрын

Bungalow 😆😆. The bigger the better 👍

Eric driving merc! No way!

@savvyericchiew

2 ай бұрын

It’s not my car, I borrowed from my sister in law😆

Nice video as usual. My daughter studied at Cedar secondary and my office is nearby 😊

@savvyericchiew

2 ай бұрын

I’m cedarian too 👍👍

Wow, new car🎉

@savvyericchiew

2 ай бұрын

Not mine. I borrowed from my sister in law 😆

I am wondering 46 yo, buy landed is risky?

@savvyericchiew

2 ай бұрын

Income need to be strong for landed. Cos installment is high

Hi Eric, is Pavilion Park Landed good investment?

@savvyericchiew

2 ай бұрын

I shall do a review too 👍

@auya0001

2 ай бұрын

Thanks and looking forward to it

Please review Klimt Cairnhill.

@savvyericchiew

2 ай бұрын

Too rich to review 😂

Hi Eric, I have one 2B1B condo and my hubby has a freehold landed of 1300 sq ft. Would like to check whether we should: Option 1: sell both and buy 1 freehold landed of at least 1615 sq ft. What is good entry price for renovated moved in condition freehold landed of 1800 sq fr land? Option 2: Sell condo and re invest. keep the small landed Thanks

@savvyericchiew

2 ай бұрын

Easiest way is to sell 2b1b to upgrade to a bigger and better condo. Whether to upgrade to bigger freehold landed depends on your income and assets. To get my advice on what you can do with your current portfolio 1. Do this up tinyurl.com/savvyasset 2. Screenshot and whatsapp bit.ly/savvywa

@MrBluehorizonsugar

2 ай бұрын

I feel this is still better than strata landed

@savvyericchiew

2 ай бұрын

@@MrBluehorizonsugar yes totally!

Hi Eric, love your content and always watch your vids. Can advise me whether should I go new launch or resale with $1.3-$1.5M budget? Aiming for investment..

@savvyericchiew

Ай бұрын

Need at least 1.55-1.6m to get new launch 2b2b. Resale can get 3b3b. Both can be good choices if entry price is right 👍

@yimonthant2010

Ай бұрын

@@savvyericchiew any few projects in mind to share? Both new launch and resale MOP? Appreciate your advice here ❤️

@savvyericchiew

Ай бұрын

@@yimonthant2010 consider 1-1 program for me to shortlist 👍. My team will send you 1-1 info here bit.ly/savvywa

Pulau Ubin landed is it counted anot? 😂

@savvyericchiew

2 ай бұрын

Also can 😂😂

@jesicoko

2 ай бұрын

Have any for sale meh?😂

@savvyericchiew

2 ай бұрын

@@jesicoko maybe PropertyGuru have in district 29 😂

@jesicoko

2 ай бұрын

@@savvyericchiew wow brand new district 😂

Bro i got one, 3 years make more than 1.4 million lol

@savvyericchiew

2 ай бұрын

💥💥

Is MacPherson or Thomson terraces better ?

@savvyericchiew

2 ай бұрын

Make a guess!

Eric, you are god-sent! Only to realize that my current property staying is rubbish(balestier) … I am thinking of moving to Newton area like L’VIV or Alexandra area like Ascentia sky.. Appreciate your advise

@savvyericchiew

2 ай бұрын

Thank you. Sell now and buy the right property next! 👍

Jalan kelulut estate ok?

@savvyericchiew

2 ай бұрын

Try to buy nearer or better district 👍

You didnt go at night, the traffic situation completely different 😅

@savvyericchiew

2 ай бұрын

I can imagine 🫠

So small, unliveable, industrial area. Better to buy condo or Changi landed

@savvyericchiew

2 ай бұрын

Bigger land is always preferred 👍🏼

Eh, you don't talk until like that! Can you afford to buy any unit now,don't insult the size of the units until like that!

@savvyericchiew

2 ай бұрын

Why do you see it as insult? It’s educational purpose ☺️

I think they only cost $850k in 2009, mickey mouse inter-terrace

@savvyericchiew

2 ай бұрын

Yup 👍

@stephanieteo91

2 ай бұрын

They cost $850K in 1996, so basically made no money for 13 years.

@marcusong9321

2 ай бұрын

@@stephanieteo91 Agreed about made no money. But things were simpler in the early days. Many folks in that generation before Yr2000 bought pvt properties to keep for legacy, not so much for flipping. Just sharing. Someone I knew since my younger days; parents used to own 5 landed (side by side) at Lange Road (in the early 80s?) . They only sold away the last 1 at abt $5m in recent years because most of the family members downsized to condo instead or migrate to overseas. Nowadays, when we buy properties; we have to think carefully about many factors, e.g. exit strategy, past transacted prices, location, amenities, transport convenience, good school etc.... it is unavoidable. Also in the past; landed properties were more of a thing until condo became a trend. That after, it really distinguish who can really afford a landed property. So kudos to those own landed properties because you are at another level 😅😅

@stephanieteo91

2 ай бұрын

@@marcusong9321understand what you’re saying. My point was to address the issue of people cherry-picking data and only showing the successful cases with the benefit of hindsight, while keeping quiet about the periods when property cycle was in the doldrums.

@marcusong9321

2 ай бұрын

@@stephanieteo91 Absolutely agreed.

Rin Tin Tin area. Better don't, so small already still got entrenched alot of...siao lang there! Buy 2, give 1 free also don't want lah!😆😆😆

@savvyericchiew

2 ай бұрын

😆😆

Honeslty like opera estate better bigger plot size but have alot of 1 stoery left still the higher 2.6ish million. What shocked me about opera esate is one sold for 1.9M you can check it out. Opear esate is much nicer to me to be honest

@Nic9393

2 ай бұрын

21 JUL 2023 Rienzi Street $1,990,000 1,393SQFT. I just really love opera estate hope I can buy there one day.

@savvyericchiew

2 ай бұрын

I did opera landed review last year. Maybe it’s time to do again 👍

@jesicoko

2 ай бұрын

@@savvyericchiewwow I should check it out

I will not sell or buy my properties through you because you ridicule happily. Because you do not realise that people who live in small houses because they own seven or eight properties and they have decided not to engage you ,after your video.

@savvyericchiew

Ай бұрын

Unfortunately you can’t do that cos I’m not an agent 😆 cheers bye!

First! 🎉

@savvyericchiew

2 ай бұрын

🥳🥳

Ur presentation style is bad

@savvyericchiew

Ай бұрын

I will improve 👍

This is not landed, this is slum Even can make a lot money I also don’t bother to buy. Still got to spend a lot of time, money and effort to rebuild. Zzz

@savvyericchiew

2 ай бұрын

Depends on budget also 👍