Exploring Landed Homes in Central Singapore
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- Опубликовано: 5 сен 2024
- In my last video on landed series, people commented that their dreams of owning freehold landed property is over because of the high price in OCR.
In this video, let's check out the landed price in the one of the most prestigious area in Singapore.
Let's join me and Bom Bom in this bike tour to District 10 Ban Guan Park.
Let me hear your thoughts and comment below!
🔥 Upcoming property webinar "How you can own your 1st freehold landed in SG?"
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🔥 Upcoming property webinar "How you can own your 1st freehold landed in SG?"
📌 bit.ly/savvyrich3
🎬 Register now!
Totally agree with you, you only have to BENCHMARK the Price of 99yr Leasehold Strata Land being sold Outside Core Region......taking 99yr leasehold Govt Land Sales Strata at say 1000 per square foot Per Strata Plot Ratio , general market thinks that the Landed Properties next or nearby are just SLIGHTLY MORE EXPENSIVE at say $1200 psf - which is UNDERPRICED !!! - IT SHOULD BE AT LEAST $1,700 PSF FOR THAT LANDED !!!! (LAND VALUE ONLY!!!)... Singapore Valuation Methods DO NOT REFLECT the TRUE VALUE of Landed Properties in Singapore , MOST ARE SOLD BELOW TRUE VALUES !!!! OUR SINGAPORE CAVEATS SHOULD BE REFLECTING LANDED AS SOLD AT ABOVE OR BELOW "TRUE VALUATION" !!!
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As someone that works in the investment industry, just saying that even though SG landed property can confirm make a lot of money, other countries property can make more, Monaco has experienced a 10% gain every year for decades
Can we buy? 😂
@@savvyericchiew Monaco has no foreign restriction unlike SG. However, be prepared to pay 10 million for a 3 bedroom apartment
@@vincentteo333 10million RMB or macanese? can buy, but make you sure that you can cash out.
Fantastic landed video finally, time to do your OCR landed series, can start with D16. Thanks
Sure will take a plane there soon 😆
Hi Eric, I have been watching your videos recently. You are doing such an awesome work and inspiring many. From this landed property video, I am surprised how much it can be appreciated in few years time. Is there a place in SG can buy freehold landed for less than $2 mil?
Don’t think so. Lowest possible now is $2.5-2.8mil
Hi Eric, is it possible to buy 2 land under 2 different names and amalgamate them to prevent paying ABSD?
In my limited knowledge, should be able to combine 2 lands under 1 name without absd. Not 100% sure
Hi Eric, thanks for the informative video. I have a question on landed homes - most of the landed homes in SG are zoned at 1.4 plot ratio. Based on my understanding, this means that if the land is 5,000 sqft, then you can build up to 1.4 times of that, or 7,000 sqft. However, when I see videos of some landed homes, they have built up areas of more than 1.4 times the land area. For example, a terrace with 2,000 sqft land plot may have a built up area of close to 6,000 sqft. May I understand why, or do you already have a video that explains this? thank you! :)
The plot ratio is for developers. It’s not applicable if you are buying 1 unit and rebuild.
@@savvyericchiew thanks Eric, I learnt something new today!
Parter up to redevelop is the way to go.
Yeah! 👍👍
Still feel that exit strategy for the new launches over the last 2 years will be hard...
Good ones will still be good. Bad one will always be bad 😉
Wow if old semi d turn into new semi d/bungalow already so huat, then those old gcb turn into new gcb are siao lang huat kueh! 🤯
Exactly crazy rich asians 😆
Awesome awesome video! Landed properties are rlly the way to financial freedom!!
🤗🤗
If you not CEO or business owner or some high profile doctor/lawyer/influencer, you can turn off this video liao 😂 see the prices only make me depressed 😢
Use it as a motivation instead! 👍👍
Bom Bom 😊😊 so cute ❤
He is sweet boy! 😊
Wow seems like FH landed is the way to go.. is it ok to go for FH landed with only $2m budget? Eg. Macpherson estate
Those are less than 1000sf of land. Need to be bigger to make more 😉
Bukit Timah Rail corridor ! So nice place .我要买！
Buy buy buy! 😆
Clementi SD landed at 1650 psf ok?
There are a lot other factors than just psf
Thank you
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Interesting, thanks for sharing. Bombom would have enjoyed it as well😂
He likes it 😊
Will hope that you will make a video on choosing MOP ECs ~
Good news, this year don’t have good ones 😆
@@savvyericchiew I Wana look at 2024 mop ecs!!
@@ahkking hundred palm will be good but depends on the seller price
How about for freehold corner terrace at District 13?
Any freehold landed is good 😉
Wah you featured the 8050sqft detached at 9 greenleaf Dr… I nearly bought that! But never… oops
😂
Very good video
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I know who is the influencer. Can do d15 Frankel estate? Thanks
Who who? 🤭
@@savvyericchiew naomi neo ah hahaha
@@zaccaz123 no leh… but good try! 👍
@@savvyericchiew hahah naomi neo one is what type of landed ah? is just normal bungalow not GCB right? saw some article say is GCB
@@zaccaz123 it’s a bungalow in non core area. Very beautiful house. She got taste 👍
Just curious. Can someone buy the land at 7.8m for the second old semi d l. And just leave it vacant for a few years then sell the land back at a profit. So is like investing in land 🤣
Yes you can 👍
Well done, keep it up. Next video do a review while making fried rice. Uncle Roger lose liao
😂😂
i think the nicest is your Bom Bom ;)
He super chill 😎
V v cool video. Bom bom like damn enjoy the ride leh. Lol
I zhng my bike to fit him a basket seat 😆
@@savvyericchiew ahhahah so nice owner. U NVR make him wear seat belt huh??? Lol
@@andrewie4 yes, need to clip his leash to the bike in case he chu stun 😆
@@savvyericchiew buahhahahhaha. So cute u 2. Keep it up ya with more whacky videos with BOM bom. Ahhahahhahha
@@andrewie4 😉🙏🏼🙏🏼
How about 999 ?
Same as Freehold 👍
Eric, can tell all your huat kway kakis don’t chop up bungalows pls - otherwise by the time I can afford CCR Freehold landed for own stay the size of my house will be a current single studio size 😂
😂😂
Hi eric ， can u advise roughly what is the yearly ppty tax for owning a landed. Much appreciated
Depends on annual value. Ranging from 3k to 50k and more
@@savvyericchiew the range is so wide
@@zhengjs3463 yes it is.
Wah.. like this series.. saliva keep dropping 😂
Took me 4 days to do this. Glad you like it 👍
That's the kind of bicycle ride I like, the kind that makes me salivate 😛
😂🤣
In the coming yrs, less than 5% of all housing with land and FH will be availiable cos as the number of all other housing increase rapidly, especially condo and HDB the relative % of such landed housing would shrink in terms of % although the number of such landed remain fairly constant.
So this is is BAO HUAT KUEH. As the scarcity and super high price of such properties would place this type of property as the ultimate prized asset, further enhancing the value and it would also place close to 95 % of the population unable to afford it. Such landed is also able to be passed on thru inheritance cos this is what is called truly an ASSET....to last forever....provided your subsequent gen build upon and perserve the wealth chain and don't squander it!
All the Best and HUAT AH!😆😆😆
Totally true! It’s a blessing to own a freehold landed in SG.
First!
Yay! 👍👍
@@savvyericchiew great video. Can do a video on entry level landed. What are the considerations for someone planning to upgrade to their first landed freehold 3+m. Thanks!
@@vikneshvaran my member just got 3.4mil freehold landed in city fringe 👍 will do a OCR series soon 👍
爽
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