I barely subscribe or watch videos regarding property project introduction, but Eric's videos are exceptional. You speak what you find or think instead of what the developers, agents or media advertised (or want), which is impressive. Nice one!
I once bought KL condo in 1994-kind of Kena ‘conned’! Long story short-rental return was damn bad but I actually got a bit of capital gain (coz I used cash to buy without incurring mortgage loan interest cost) but in the end FX rate wiped out whatever capital gain there was!! In the end, it was a bloody waste of time and I knocked myself on the head🤦🏻♂️-feeling like an idiot!!
After that episode, I only bought SG properties (started in 2007) and never looked back-made me lots of money (hefty capital gains) and the rentals were much better and still are coz we have real damn good rental demand in SG unlike many developed cities/nations! Most of all, no worries of FX rate wiping out my profits🙌🏻😄 so I agree with you, Eric on the FX risk thingy of foreign properties-thanks to our strong and rising SGD$
Very interesting video Eric! I have a property in Manchester myself which is very near where they pitched. The amount of work and taxes and FX risk after factoring everything in.. maybe can buy me a nasi lemak after 5 years. Great video though!
Feel free to share what you bought, happy to give my two cents on why our experience in Manchester is so different. But rule of thumb for any property investment for me is to be able to leverage. This greatly reduces FX risks. Anyway, for a balanced view see: ruclips.net/video/XdfpmeFeHXg/видео.html
Very awesome breakdown, love the thought process, the effects and the transitions haha 👏🏻👏🏻 long time supporter of about 6yrs - first time commenting cause this video deserves more than a 👍
And this 3.3% p.a. is on the back of non-stop increase in UK home prices in an almost straight line. If the prices stagnate or go down you really need to sell backside already 😂
Not good to buy into a market you are not familiar with. If you plan to buy in Manchester, at least go there to stay a week and check out the city. I've been there to look at the properties and decided against it. That's not to say I am not into UK properties. I have UK property, but all in London.
Thank you for this overview video. I totally like this video as it highlights all the relevant taxes, and interest and currency risks .This definitely helped me to understand that UK's flats /condos is a waste of time for investment. If people are buying, they will be buying landed near school network. Keep up the good job!
Eric!!! salute to you, you really took effort to reply all the comment below!!!! and the above videos is definitely a good one!!! I have relative gugu bought condo at Jartaka ... i nearly want to bang the head on the wall after knowing
I love the drama! RUclips after all is entertainment platform. Like mediacorp 👍🏻👍🏻 hope they will do a review video of your review. Then you review back the industrial property they claim that they have made money and exited with profits!
Whether can exit is most important. Why will u want ur capital be tied up for yrs… if no one buy, give me 5% yield also no pt; especially with high interest. A $500k flat can easily cost $750k if paid up fully. And UK so big, most pple will wanna live landed.
Hahahah very good video. Wonder why nobody did it long ago. I always tell my friends, of course I am not a property guru or genius, but no need to go so far in uk. Just look at JB, just a drive no costly air-ticket, alot think buy a property (esp condo) at RM 1mln, they will think oh damn cheap as they convert back to sgd which is only about sgd 300k. BUT you have totally spot on on exit strategy! Where are the buyers if you wanna sell??? How many locals can afford AND locals prefer landed than condo! If wanna sell to investors, there are only 1 geographic people - that are sporeans! There are so many lelong in JB, why would they buy from you! I heard from my friend (not sure how true), his friend bought a property in our friendly neighbourhood, and have to find someone to take over for free as they cant find buyers! Well of course if buyer get it for own living, so be it.
I reviewed what germaine said again in her presentation. Eric your projection is 3.3% /year....Germaine is 10% /year...(capital appreciation+ rental) .....shawn better clarify where the gap is....they hv hundreds members x 3% commission each purchase.... I did my own calculation....can achieve 7% growth /year by interest payment only...but not subjected to fx risk...with forex risk, potential no tenant for few mths during 5 years holding then down to 4%. The biggest concern is exit plan...many flats, terrace, semi d houses sold below 250k...dont know how long it takes to exit....unless shawn can prove otherwise that indeed new flats are easy to exit.. shawn hope you are reading the comment here..explain your stand to justify your hundreds of members whom your company is benefitting from...
Singaporean is the 2nd biggest foreign property investors in Australia and NZ after US. Surprisingly, China only comes in 3rd. Singaporeans have very deep pockets, its incredible.
The UK property situation is fast becoming a nightmare....holding power is required to ride through...it's going to be painful...Merry Christmas and Happy 2023 everyone. Stay safe and healthy!
Hi Eric! Thanks for doing this informative video for everyone to learn! With reference from Pete’s latest video and the websites he referred to, seems like figures for stamp duty and capital gain tax need to be adjusted for accuracy. Will you be updating the figures in another video or in the comment section here? Nevertheless thank you for highlighting the important consideration when buying overseas property!
Thanks for watching! Even if his numbers are correct, it’s all about exiting to get the returns. Remember that no one buys from you, you just continue to pay high interest 🥲 Plus locals prefer landed and not flats. The flat price they bought are totally not affordable to locals too! How to sell? That’s my biggest worry! At the end you sell at a lost and lost previous time and opportunity in Singapore which is your home ground. Lastly, ask around… which Singaporean made money by buying flats in Manchester? 😞
This is the first video that I watched from start to finish, mainly because of the topic. Very informative, though I do have to say that the delivery style is not to my liking 😅. I find all the effects annoying and distracting. But hey, it's your channel so you can do what you wish 😎 I do agree with the points raised. These 'promoters' tend to over-hype and over-promise their offerings. I wish more of their clients would come forward to share their experiences. Perhaps then we'd have a better idea whether these people are really as good as they claim to be.
wow, Best review I heard so far. V true in The Uk you need to buy landed, problem there is a Trepasses law in The UK. Singapore property remain priority. But can comment a bit What will be the future like with ABSD this high?
My strategy has always been 1 property under husband and 1 property under wife. I don’t recommend paying ABSD unless you are PR paying 5% for own stay 😉
If you had lived in Europe before, you find that apartments gets into a run down state very fast as those in cities caters to short term renters who won’t help keep the apartment in good shape. This is also true of local renters as they rent because of job proximity and will have their permanent home (most likely a independent house aka landed property) in the suburbs. The IQ people who rebutted you claimed they flew to UK (in business class nonetheless) … I want to tell them, you can fly in 2 dozen times a year, being a visitor and being a person who actually stays there is two different matter. There are much more cases of neighbours from hell in Europe than in Singapore. In Singapore, sometimes even buying a resale apartment can be a hidden gem as the first owner could have put in a fortune in renovation and ten year old condos are generally in good condition. I really think that their >3 year time horizon is just irresponsible as they don’t tell you about event risks which cannot be quantified by financial spreadsheet. Finally, 5% CAGR is just a projection. Insurance Agents love that kind of spreadsheet talk … sad but true NTUC income just lowered their deposit rate when US Fed is raising theirs , what a contradiction.
You really need to understand the locals and the way things work there, before buying a property in a foreign country, if your intention is to eventually sell to a local. It's a hell lot of homework. Even back years ago as a novice starting to buy property in Singapore, my own country, the process of understanding what makes a good residential property, what is a good buy - took years of learning and legwork, experiencing the ups and downs of property cycles. Many naive people think they can just take the shortcut by joining i-Quadrant and buying UK properties by listening to these "experts". I hate to say this, but there is really no shortcuts in life.
Thank you Eric for exposing these investment scams. We have one property guru who claimed to be the “godfather” who taught all the local property gurus, love promoting Manchester properties. I think you should know who is he
There is only 1 reason why some people post their investment sales in facebook. It is to attract more "Cai Tao" to put in money so that they can earn more income. The more people they attract, the more they earn. Its by the volume of the monies generated by people. It is never about the actual property or the product they are selling. I hope all viewers gets this.
Yes some corrections but overall, its not right to factor in absd to justify uk ppty is better purchase. Just sell , buy and getting a bigger, better sg ppty
True…..in addition…if cannot rent out…..then siao Liao…thus dont easily believe those people who always tell you beautiful story……they need your money to contribute to their success…..lol
I started from nothing too, be positive and continue to work towards your goals Maybe I can help. Do this up and show me www.dropbox.com/s/p6ejq08hkcs6i3y/Savvy%20Assets%202022.xlsx?dl=0 Send it to bit.ly/savvywa when you done
Based on his projection, buying at 300k and can make 200k but didn’t say how many years. Based on my projection of 5%, you will make 200k on 10.5 years 🤡
@@savvyericchiew Aiyo Eric don't mislead people! In my video, I said "Assuming you bought a UK property and a SG property at the same price at $300k and assume both made a good profit $200k to help with calculation of both taxes". I assumed $200k profit for both SG and UK property. Must listen to the class properly next time! Otherwise smack your backside again! haha here is the video with the timestamp ruclips.net/video/ahXQFQ5SkRs/видео.html
@@savvyericchiew I attended once their webinar about non-residential properties. quite standard strategy to ask ppl pay money join their course. I think they still will do properties... maybe go vietnam those developing countries property...
Eh how to stop youtube from displaying their advertisment? That over chirpy woman is damn annoying! Starting see wah chio bu! Then after a while, knn keep appearing before every video of mine. Now i see auntie better la!
when I see the map of Victoria residences and the next recognisable name is old Trafford, you know the property will perform like man utd already 😂 if near Etihad stadium then maybe will huat kueh LOL
maybe can sell c.ronaldo as exit. wah siao I rewatch your video, the capital gain tax 13.8% not too far off from ABSD in sg liao! siao sia buy property there macham like man utd buy harry maguire lidat LOL
Eh Eric ah.... mai ani kuan lei.... they all doing very good in manchester lei, just like their football team. Leave them be la. We all small people only. Happy with tiny singapore condo. Let them be la.
Hi Eric the fx works for foreigners like Indonesians right, they can sell their condo in SG at a loss but still make money when convert back to their local currency
@@savvyericchiew I really like it when you call their bluff. More people should know of their scam as people's hard earn money should be used for better purpose rather than to fatten this I Quadrant founders' wallets.
@@savvyericchiew but it is very important when you call them out because it is people's hard earned money. To put in half a million dollars stuck there with a potential gain of few thousand dollars just doesn't make economic sense and yet they are so shameless to sell their services on these and put people into potential financial problem while they themselves laugh to the bank. That is where they need to be called out for their scam tactics.
@@savvyericchiew I think even if the intention is to bring them down is not wrong. Because if nobody bring them down, it would mean that unsuspecting people would be putting in their hard earned money into such risky investments and families may be ruined. So it make sense to 'bring them down' so that they will not harm others.
@@drewleong9264 think he share enough real life example and especially his couple series is long but quite comprehensive with lots of real life good details. U can learn a lot just by doing ur own due dilligence from watching his video. I know I have cos i replicate all his considerations and did a very comprehensive projection and roi myself. I didnt sign up for his course but sounds like he provide practical guidance all the way to the execution of ur sale. That doesnt sound like just a course but a great personal service!
@Melanie it is you la! started this whole saga! haha I corrected some of Eric's number in my video. He is mostly correct la, just off by about $100k in profits 😁haha ruclips.net/video/CbSGaD7bbsc/видео.html
London CNN Business - Millions of mortgage borrowers in the United Kingdom are bracing themselves for huge hikes to their monthly payments as a consequence of the run on the pound. Markets have been in turmoil since UK finance minister Kwasi Kwarteng announced the biggest tax cuts in 50 years on Friday, together with a big rise in government borrowing, sending the pound falling to a record low against the US dollar. Some analysts now expect the Bank of England to hike the cost of borrowing to 6% next year, up from 2.25%, to shore up the currency and convince markets that it’s committed to getting inflation under control
You kena suan by I Quadrant on your Vision Exchange purchase..no capital appreciation..you should have bought Paya Lebar Square instead..doing much better..haha
🔥NEW VIDEO on their overseas properties ruclips.net/video/J6-UfL8rqxA/видео.html
😄
Couldn't find their main star promo video on UK pty since last year till Sterling crash.. and pty crash
@@money3ss maybe into Malaysia now? 🙃
@@savvyericchiew 🤣🤣🤣🤣🤣
Now into selling Indonesian properties
I barely subscribe or watch videos regarding property project introduction, but Eric's videos are exceptional. You speak what you find or think instead of what the developers, agents or media advertised (or want), which is impressive. Nice one!
Thanks for your kind words Dr! Will do more educational videos! 🥳
I agree, his review are honest and practical
I agree totally. He just said it ❤
Just need to look at MAS watchlist history for that company. Enough said.
I almost forgotten 😂
Legit. He did his homework, presented the data. Thanks for this Eric ! Iquardrant good at sales but don’t show you the entire calculations.
I’m just using whatever data available. I maybe wrong but won’t be far from it 😎
@@savvyericchiew if u wrong then they will call u a chui kueh 🤣🤣
@@garlicbread68 I’m hope I’m wrong too! 😆
Thank u Eric for deep dive into all the facts & data. You are so right about exposing the truth! Good job done.
Thank you much much for watching! 👍
Keep up the gd work. 1 very simple rule of thumb. If these overseas projects were so gd why would they market to foreigners…
I agree with you totally 💯
Great minds!
They are scammers!!! Got scammed by them before. Thanks Eric for bringing this to light
I hope everything is fine at your side
care to share your story please ?
I once bought KL condo in 1994-kind of Kena ‘conned’! Long story short-rental return was damn bad but I actually got a bit of capital gain (coz I used cash to buy without incurring mortgage loan interest cost) but in the end FX rate wiped out whatever capital gain there was!! In the end, it was a bloody waste of time and I knocked myself on the head🤦🏻♂️-feeling like an idiot!!
I have same experience but we learn from mistakes 😎
After that episode, I only bought SG properties (started in 2007) and never looked back-made me lots of money (hefty capital gains) and the rentals were much better and still are coz we have real damn good rental demand in SG unlike many developed cities/nations! Most of all, no worries of FX rate wiping out my profits🙌🏻😄 so I agree with you, Eric on the FX risk thingy of foreign properties-thanks to our strong and rising SGD$
Singapore properties still the best comparing to overseas. Plus we are Singaporeans, should have buy home ground 😎
@@savvyericchiew talk cock sia, you can’t even serve NS properly, dare talk about home ground.
Very interesting video Eric! I have a property in Manchester myself which is very near where they pitched. The amount of work and taxes and FX risk after factoring everything in.. maybe can buy me a nasi lemak after 5 years. Great video though!
Thanks for sharing bro! 👍
I hope everyone makes money for their investment. Sadly I just never heard of anyone that makes from Manchester 😭
Feel free to share what you bought, happy to give my two cents on why our experience in Manchester is so different. But rule of thumb for any property investment for me is to be able to leverage. This greatly reduces FX risks.
Anyway, for a balanced view see: ruclips.net/video/XdfpmeFeHXg/видео.html
Very awesome breakdown, love the thought process, the effects and the transitions haha 👏🏻👏🏻 long time supporter of about 6yrs - first time commenting cause this video deserves more than a 👍
Thanks Jonathan!! Your comment makes my day!! 🥳
Eric - You are good - your calculation is very accurate and detailed.
That’s the best info I can find! Thanks for watching and laughing! 👍
It is true that the trend of the GBP/SGD exchange rate is very worrisome. Drop of almost 12% in a year is very substantial.
Exactly! Can go there shopping Liao 😆
And this 3.3% p.a. is on the back of non-stop increase in UK home prices in an almost straight line. If the prices stagnate or go down you really need to sell backside already 😂
If cannot exit then maybe they plan to hold for 30 years lo 🤭
The thing is I have no interest in buying overseas property but I watch the video because you are the one presenting it ❤. Learnt something new today
🙌🏼🙌🏼
Not good to buy into a market you are not familiar with. If you plan to buy in Manchester, at least go there to stay a week and check out the city. I've been there to look at the properties and decided against it. That's not to say I am not into UK properties. I have UK property, but all in London.
London is good choice and you did all the homework! 👍
Thank you for this overview video. I totally like this video as it highlights all the relevant taxes, and interest and currency risks .This definitely helped me to understand that UK's flats /condos is a waste of time for investment. If people are buying, they will be buying landed near school network. Keep up the good job!
Thank you 🙏🏼
Eric!!! salute to you, you really took effort to reply all the comment below!!!! and the above videos is definitely a good one!!! I have relative gugu bought condo at Jartaka ... i nearly want to bang the head on the wall after knowing
Doing my part to help as much as possible. Hope your relative can sell and take back Downpayment and hopefully profits soon! 👍
I love the drama! RUclips after all is entertainment platform. Like mediacorp 👍🏻👍🏻 hope they will do a review video of your review. Then you review back the industrial property they claim that they have made money and exited with profits!
I think they made from industrial property since property market is hot. Just hope they don’t make the same amount as UK properties 🤭
Here you go! You got what you asked for! And yeah! We did exit industrial property with good profits :) ruclips.net/video/XdfpmeFeHXg/видео.html
3.3% p.a. Buy Reits suah. Higher Yield and shake leg.
Can exit easily 👍
Whether can exit is most important. Why will u want ur capital be tied up for yrs… if no one buy, give me 5% yield also no pt; especially with high interest. A $500k flat can easily cost $750k if paid up fully. And UK so big, most pple will wanna live landed.
Totally agree with you! 💯
Yup true..
Hahahah very good video. Wonder why nobody did it long ago. I always tell my friends, of course I am not a property guru or genius, but no need to go so far in uk. Just look at JB, just a drive no costly air-ticket, alot think buy a property (esp condo) at RM 1mln, they will think oh damn cheap as they convert back to sgd which is only about sgd 300k. BUT you have totally spot on on exit strategy! Where are the buyers if you wanna sell??? How many locals can afford AND locals prefer landed than condo! If wanna sell to investors, there are only 1 geographic people - that are sporeans! There are so many lelong in JB, why would they buy from you! I heard from my friend (not sure how true), his friend bought a property in our friendly neighbourhood, and have to find someone to take over for free as they cant find buyers! Well of course if buyer get it for own living, so be it.
Buy local properties is the best choice! 😉
I reviewed what germaine said again in her presentation. Eric your projection is 3.3% /year....Germaine is 10% /year...(capital appreciation+ rental) .....shawn better clarify where the gap is....they hv hundreds members x 3% commission each purchase....
I did my own calculation....can achieve 7% growth /year by interest payment only...but not subjected to fx risk...with forex risk, potential no tenant for few mths during 5 years holding then down to 4%.
The biggest concern is exit plan...many flats, terrace, semi d houses sold below 250k...dont know how long it takes to exit....unless shawn can prove otherwise that indeed new flats are easy to exit..
shawn hope you are reading the comment here..explain your stand to justify your hundreds of members whom your company is benefitting from...
It is 3 times more of my projections.
You are right on point! It’s all about exiting! 👍
Wow! 3% commission and can encouraging multiple purchases.. germaine and sean super huat just by earning comm. not need to invest
@@wwc7134 I personally don’t mind them making money as long as the deal is great. Don’t you think so?
For me the funniest and best part is ‘so the overall savvy score, is a clown! 🤡’ hahahas 😂😂😂. May be can use this more often. Very entertaining.
Thanks for liking it! 👍
I typed smth like that too... but i remove it haha prevent spoiling the laugh for others just typing the timing
@@jamesstudy2047 wahaha nice one there! 👍
Singaporean is the 2nd biggest foreign property investors in Australia and NZ after US.
Surprisingly, China only comes in 3rd.
Singaporeans have very deep pockets, its incredible.
🤯😱
After CCP clamp down on maximum capital overseas outflow for companies and individuals, the frenzy of Chinese property buyer fizzled out.
The UK property situation is fast becoming a nightmare....holding power is required to ride through...it's going to be painful...Merry Christmas and Happy 2023 everyone. Stay safe and healthy!
Hope everyone is fine and stop buying UK apartments! 😊
@@savvyericchiew Can buy lah....just need holding power.......😁
@@MrDexterchua88 nah… my guts not strong enough 😆
@@savvyericchiew Same! Merry Christmas and Happy 2023! All the best!
@@MrDexterchua88 Merry Xmas! 🥳🥳
Hi Eric! Thanks for doing this informative video for everyone to learn! With reference from Pete’s latest video and the websites he referred to, seems like figures for stamp duty and capital gain tax need to be adjusted for accuracy. Will you be updating the figures in another video or in the comment section here?
Nevertheless thank you for highlighting the important consideration when buying overseas property!
Thanks for watching!
Even if his numbers are correct, it’s all about exiting to get the returns.
Remember that no one buys from you, you just continue to pay high interest 🥲
Plus locals prefer landed and not flats. The flat price they bought are totally not affordable to locals too!
How to sell? That’s my biggest worry! At the end you sell at a lost and lost previous time and opportunity in Singapore which is your home ground.
Lastly, ask around… which Singaporean made money by buying flats in Manchester? 😞
@@savvyericchiew Sell to another Singapore carrot via IQuadrant. Muahahaha.
@@lidna82 that’s a very sad 2nd hand carrot 🥕😢
Great, fast calculation and nice analysis! Best la. Numbers don't lie!
I may not be all correct but as you say, numbers don’t lie 😉
Singapore dollars is the strongest. MAS did a good job.
If SG is not strong means GBP is super weak 😂
This is the first video that I watched from start to finish, mainly because of the topic. Very informative, though I do have to say that the delivery style is not to my liking 😅. I find all the effects annoying and distracting. But hey, it's your channel so you can do what you wish 😎 I do agree with the points raised. These 'promoters' tend to over-hype and over-promise their offerings. I wish more of their clients would come forward to share their experiences. Perhaps then we'd have a better idea whether these people are really as good as they claim to be.
Thanks for watching! 👍
Now they selling Bali villa property and never tell people that the land is not owned by the buyer. Indonesia land is only leasing
It’s amazing that they sell everything 😂
Looking forward to the course in August! Have already signed up!
See you man!! Looking forward too! 👍
Can join the free webinar by Eric! Will learn from there!
@@kenhee thanks Ken! 👍👍
Eric, I like and agree with your review.
🙌🏼🙌🏼
wow, Best review I heard so far. V true in The Uk you need to buy landed, problem there is a Trepasses law in The UK. Singapore property remain priority. But can comment a bit What will be the future like with ABSD this high?
My strategy has always been 1 property under husband and 1 property under wife. I don’t recommend paying ABSD unless you are PR paying 5% for own stay 😉
Interest Rate and Exchange Rate Risk in UK is very high as a result of poor Brexit management.
Yes exactly! Same thoughts too! 👍
If you had lived in Europe before, you find that apartments gets into a run down state very fast as those in cities caters to short term renters who won’t help keep the apartment in good shape. This is also true of local renters as they rent because of job proximity and will have their permanent home (most likely a independent house aka landed property) in the suburbs. The IQ people who rebutted you claimed they flew to UK (in business class nonetheless) … I want to tell them, you can fly in 2 dozen times a year, being a visitor and being a person who actually stays there is two different matter. There are much more cases of neighbours from hell in Europe than in Singapore. In Singapore, sometimes even buying a resale apartment can be a hidden gem as the first owner could have put in a fortune in renovation and ten year old condos are generally in good condition. I really think that their >3 year time horizon is just irresponsible as they don’t tell you about event risks which cannot be quantified by financial spreadsheet. Finally, 5% CAGR is just a projection. Insurance Agents love that kind of spreadsheet talk … sad but true NTUC income just lowered their deposit rate when US Fed is raising theirs , what a contradiction.
Thanks for your great tips and experience! I learnt so much by what you have shared! 🥳
You really need to understand the locals and the way things work there, before buying a property in a foreign country, if your intention is to eventually sell to a local. It's a hell lot of homework. Even back years ago as a novice starting to buy property in Singapore, my own country, the process of understanding what makes a good residential property, what is a good buy - took years of learning and legwork, experiencing the ups and downs of property cycles. Many naive people think they can just take the shortcut by joining i-Quadrant and buying UK properties by listening to these "experts". I hate to say this, but there is really no shortcuts in life.
Totally agree! 💯
Thank you Eric for exposing these investment scams. We have one property guru who claimed to be the “godfather” who taught all the local property gurus, love promoting Manchester properties. I think you should know who is he
Wahaha who who? 😆
So funny... Getting Eric to be a clown is a deadly force to be dealt with 😂😂😂🤡
I must thank Shawn, if not for him, I won’t go and find such fun filters to use for my future videos! 🥳
There is only 1 reason why some people post their investment sales in facebook. It is to attract more "Cai Tao" to put in money so that they can earn more income. The more people they attract, the more they earn. Its by the volume of the monies generated by people. It is never about the actual property or the product they are selling. I hope all viewers gets this.
This is so true 👍👍
This is your funnest video ever!!!!
Wahaha thanks for watching man!! 😉
LOL. Funny sial brother. Good job in breaking down. For 500K..... Not worth the risk.
I agree with you! 👍
Dont really enjoy the canned laughter.. but i legit laughed during the savvy score 13:40 second till 14:10 haha humor bro. Keep it up 🤣🤣🤣🤣
Wahaha let me check out what you laugh 😂
Hope ur community members will watch Pete's video providing CORRECTIONS to ur calculations on d 3 Manchester UK property investments!!
Sadly most of my members are not interested but overall is a good learning experience for me 😉
Yes some corrections but overall, its not right to factor in absd to justify uk ppty is better purchase. Just sell , buy and getting a bigger, better sg ppty
@@wwc7134 totally 💯👍
True…..in addition…if cannot rent out…..then siao Liao…thus dont easily believe those people who always tell you beautiful story……they need your money to contribute to their success…..lol
Today pounds to SGD drops even further 😢
Sound like #iquadrant got commission leh..from their ah hai students. That’s double score,, commission + course fee
It’s ok to make money if the investment is good but… 🤡
Buy SSB better 3% and anytime can sell.
Wow! I learn something new! 👍👍
This one got limit one and need ballot of over subscribe.
@@runningcomposer1682 oic
That is true ! guaranteed by Gov some more
If really can make quick $$$, Beckham already buy the whole estate..Beckham and other stars also invest in other country except their own.
I learn something new! 👍
@Ang Kailun you are correct! Just follow the rich! 😎
would it be possible if you can do one overview for HK properties market? :)
I can do overview of what I like to eat in HK only 😆
Can share the link to buy that huat kuay?
My friends got it for me, let me ask where he bought it 👍
Just saw your review on this company. Very good sharing. Totally agree with u.
🙌🏼🙌🏼
Thanks for the review Eric
Welcome! Have fun in UK! 😂
Eric I am very cui now. Drive Taxi until shag....cannot fight inflation. Now people buy condo like buying sweets. I see already very emo.
I started from nothing too, be positive and continue to work towards your goals
Maybe I can help. Do this up and show me
www.dropbox.com/s/p6ejq08hkcs6i3y/Savvy%20Assets%202022.xlsx?dl=0
Send it to bit.ly/savvywa when you done
Great work. 👍
Thanks for watching! 🥳
Debunked with facts.
Many thanks for watching and laughing! 👍
@@savvyericchiew video production quality has improved! 👍
@@MrOpticfreeze must thank Shawn, if not for him, I won’t find such fun filters 🤡
Great video Eric! Does Pete’s video make sense?
Based on his projection, buying at 300k and can make 200k but didn’t say how many years.
Based on my projection of 5%, you will make 200k on 10.5 years 🤡
@@savvyericchiew Aiyo Eric don't mislead people! In my video, I said "Assuming you bought a UK property and a SG property at the same price at $300k and assume both made a good profit $200k to help with calculation of both taxes".
I assumed $200k profit for both SG and UK property.
Must listen to the class properly next time! Otherwise smack your backside again! haha here is the video with the timestamp ruclips.net/video/ahXQFQ5SkRs/видео.html
IQ from non-residential prop to non-local prop.... UK, Hong Kong li Jia Cheng already run away...
I guess next one is crypto, then stocks then forex then back to non Resi and cycle continues 🤣😂
@@savvyericchiew I attended once their webinar about non-residential properties. quite standard strategy to ask ppl pay money join their course. I think they still will do properties... maybe go vietnam those developing countries property...
@@MrDarkness1980 I don’t mind paying if there’s value. Just don’t sell me overseas property after attending 😢
Eh how to stop youtube from displaying their advertisment? That over chirpy woman is damn annoying! Starting see wah chio bu! Then after a while, knn keep appearing before every video of mine. Now i see auntie better la!
Lol which one? 😆
@@savvyericchiew eric shifu wife more demure. Only keep smiling in instagram stories only. :D
@@jalanjalan7099 🥳🥳🥳
Pls tell me how to stop those UK property ads from popping up, pls help me RUclips!!
@@kelvynchin1968 subscribe to youtube premium haha got youtube music for free too. when a service that you use is free, you are likely the product!
Safest property to invest is sg property especially from hdb
🙌🏼🙌🏼
I prefer UK property. Especially near my uni at Surrey
👍👍
Eric u are amazing! Well analysed video
Xie Xie! 🙌🏼🙌🏼
very logical arguments with numbers - must have taken you quite a bit of time to research. thank you.
I learnt more by doing these research too ✌️
The potato filter killed me 😂
It’s so cute and funny! 🤣🤣
ya leh.. i miss it. can bring the potato one back@@savvyericchiew
After this video, Eric confirm have one more enemy le.😂🤣
I don’t have a lot of friends to begin with 🤣
@@savvyericchiew 说得妙！I am very sure 💰 is one of your good friends .👍🤣😂
@@savvyericchiew friends not important . One or two quality ones is good enough. Just like property !!!!!
@@kelvynchin1968 totally! 💯
when I see the map of Victoria residences and the next recognisable name is old Trafford, you know the property will perform like man utd already 😂 if near Etihad stadium then maybe will huat kueh LOL
Wahaha! With many of our local supporters buying their properties, I truly believe Man U will do 100% better this year!
maybe can sell c.ronaldo as exit. wah siao I rewatch your video, the capital gain tax 13.8% not too far off from ABSD in sg liao! siao sia buy property there macham like man utd buy harry maguire lidat LOL
@@lauratan7674 wahaha you funny sia! 🤣
Eh Eric ah.... mai ani kuan lei.... they all doing very good in manchester lei, just like their football team. Leave them be la. We all small people only. Happy with tiny singapore condo. Let them be la.
Ok ok! I listen to you! I scare clown 🤡
Lol not take into account air ticket + lodging. Sua la, I take my profits after 3 years to fund my budget airline ticket and accommodations 😂
😂😂
sibey alot of effort
It took me 2 days to do all the research, filming and editing 💪🏼
knn eric korkor look fking handsome no matter what filter
Wah you very sweeeeet leh 😆
Hi Eric the fx works for foreigners like Indonesians right, they can sell their condo in SG at a loss but still make money when convert back to their local currency
Yes you can gain from FX too!
what software did you use to put the clown filter? :D
Snapchat 👍
Eric you are awesome 🤩
🙌🏼🙌🏼
They can exit to their “followers” 😜
Like that very sad leh 🥲
I would rather head to Singapore and buy Singapore properties
They’re still at it!
😰😰
I havent watched as I'm busy drinking at pub, but I'm already laughing to myself
Thanks for watching and laughing! 🤡
This I Quadrant is already know as a scam company selling all these courses and everything.
😂
@@savvyericchiew I really like it when you call their bluff. More people should know of their scam as people's hard earn money should be used for better purpose rather than to fatten this I Quadrant founders' wallets.
@@kendrickcan3919 This is purely to educate everyone 😎 No intention to bring them down 👍
@@savvyericchiew but it is very important when you call them out because it is people's hard earned money. To put in half a million dollars stuck there with a potential gain of few thousand dollars just doesn't make economic sense and yet they are so shameless to sell their services on these and put people into potential financial problem while they themselves laugh to the bank. That is where they need to be called out for their scam tactics.
@@savvyericchiew I think even if the intention is to bring them down is not wrong. Because if nobody bring them down, it would mean that unsuspecting people would be putting in their hard earned money into such risky investments and families may be ruined. So it make sense to 'bring them down' so that they will not harm others.
Your visual effects getting better and better le Eric ! Can do one on aust property lol
Thanks Ben! It’s so fun using it. If they promote, I will review hee hee 😛
your free webinar sells courses?
Yes local SG property tips and strategies 😎
Eh then how come they can stay landed huh? And drive porchse?
You ask them ba, I scare he say I clown again 🤡
They earn from those students lor.. main income from education , not property
@@sherreenfoo5760 🤫
@@sherreenfoo5760 Eric also sell education right? Same as I Quadrant?
@@drewleong9264 think he share enough real life example and especially his couple series is long but quite comprehensive with lots of real life good details. U can learn a lot just by doing ur own due dilligence from watching his video. I know I have cos i replicate all his considerations and did a very comprehensive projection and roi myself.
I didnt sign up for his course but sounds like he provide practical guidance all the way to the execution of ur sale. That doesnt sound like just a course but a great personal service!
Sibeh heng. Many years ago I nearly bought a student accommodation property at UK machester for investment. Last min I withdrew
Blessings! 😎
Manchester is not that good, I’ve been there, nothing much, it’s like the Joo Koon of UK
Lol Joo Koon of UK! This is the best comment! 🤣🤣
yeah, stayed there a year, is true! why invest in Manchester?
@@Ms10Q I have no idea 🤷🏻♂️
🤣
Eric the joker clown! Gonna be a joker nite. Hi hi sifu Eric. Ahhahaha
Thanks for watching!
CNN Business News (London) 28 September 2022
UK house prices could plunge 15% because of soaring mortgage rates.
😭
Shawn....no hard feeling....but more
unbias view....if you are correct...got many of eric followers here is good for u
@Melanie it is you la! started this whole saga! haha I corrected some of Eric's number in my video. He is mostly correct la, just off by about $100k in profits 😁haha ruclips.net/video/CbSGaD7bbsc/видео.html
Sure, here you go: ruclips.net/video/XdfpmeFeHXg/видео.html
Eric aa.. Serious Topic la..Why the Joker face
Next time aa ...Come in a
GURU AVATAR la..
😉😉😜
Shawn say I clown so I have fun with it 🤡
Ooo, shots fired! Let’s see what transpires..
Maybe got spin off or response video 😆
Definitely! Here you go! ruclips.net/video/XdfpmeFeHXg/видео.html
Where is i Q? So quiet?
🤫 don’t tell them 😂
Here you go! ruclips.net/video/XdfpmeFeHXg/видео.html
Eric Eric Eric Eric ~
🤡🤡🤡
Coming from a Briton, UK investment is a disaster.
😢😭
Buy stocks better
By the right buying properties should be better but depends on a lot of factors. Stocks is good too! 👍
to be very honest im quite annoyed by seeing i quadrant advertiment every now and then.
They super aggressive on their marketing 😅
I think they remove ads.. didnt see germaine in uk since this vid out 😂
@@wwc7134 they will still go, since they like to invest there very much 😉
😄😄😄
cool
😄😄😄😄
cool video!!!
😄😄😄😄😄
London
CNN Business
-
Millions of mortgage borrowers in the United Kingdom are bracing themselves for huge hikes to their monthly payments as a consequence of the run on the pound.
Markets have been in turmoil since UK finance minister Kwasi Kwarteng announced the biggest tax cuts in 50 years on Friday, together with a big rise in government borrowing, sending the pound falling to a record low against the US dollar.
Some analysts now expect the Bank of England to hike the cost of borrowing to 6% next year, up from 2.25%, to shore up the currency and convince markets that it’s committed to getting inflation under control
That’s really sad news for property owners in UK 😢
You kena suan by I Quadrant on your Vision Exchange purchase..no capital appreciation..you should have bought Paya Lebar Square instead..doing much better..haha
Ya man Vision not too good 👍 will try harder next time! 👍
In their ads Germaine was talking to her granny and claimed that vacancy rate in UK is much lower than Singapore 🤔
Even if it’s true, my worry is no one buys from me later on 😭
Savage af
😂
@@savvyericchiew I like how you explained the risk of Mortgage Interest payable in a high interest rate environment vs the Rental income.
@@tinayuna thanks Darknight! 😉
Sifu is correct
I just use the data that I can find. Hope it’s correct! 👍
Spot On.
Thanks for laughing!
U dunno one la… must tell people grass greener on the other side. Eat Grass!
🤣
Shawn, you better debunk this clown, else you're the real clown.
🤣🤣
Sure, here you go: ruclips.net/video/XdfpmeFeHXg/видео.html
@@shawnlee8005 this looks like a joke