NOTG - Nuggets on the Go by PropertyLimBrothers Melvin Lim

We’re back with part 2 of New Launch 101! George and Yu Rong talk about the most anticipated new launch condos in 2024. They discuss key factors such as proximity to MRT lines, available amenities, and new launches with potential for lower prices due to low land acquisition costs. Their discussion continues with the importance of layout flexibility in new launch condos—where new launches often offer more bedrooms within the same square footage, providing more options for potential buyers.
 
Find out more about the development of new launches in Toa Payoh, where its GLS sites are highly anticipated, and the potential of new launches in the heartlands like Bedok South, Tampines, and Pasir Ris. That being said, learn about the reasons behind price changes by developers. An interesting topic of discussion is Yu Rong’s mall tiers, ranging from basic neighbourhood malls to large, destination malls with unique offerings, and how this could potentially impact the attractiveness of a property.
 
All these enriching insights and more on this New Launch 101 episode on Nuggets on the go! Speaking of new launch condos, have you always thought of investing in a new launch condo but find yourself hesitating, afraid of making the wrong choice, or perhaps overwhelmed by the options? Compare 80+ condos in 10 hours at PLB New Launch Convention 2024 on July 7th, 10 am - 8 pm! 1 day, 10 speaking sessions with 6 keynotes by industry experts from PropertyLimBrothers, sharing exclusive PLB frameworks for choosing the right condo! Join 3,000 like-minded new launch buyers to gain exclusive frameworks to secure your dream home.
 
Early bird tickets now available at $7, sign up here: bit.ly/plbnlc24
 
(00:00:00) Intro(00:00:45) Chuan Park(00:06:07) New launch is a sure hit?(00:12:21) Lego-style construction(00:15:21) Toa Payoh GLS Site(00:18:48) Golden Mile compound(00:22:53) Bagnall Court(00:29:27) New launch surprises(00:30:27) Tiers of Shopping Malls(00:34:16) PLB New Launch Convention(00:35:59) Outtakes

New Launch 101! George and Yu Rong talk about all there is to know about new launch condos—their current appeal, how to buy one, its processes and risks, their pros and cons, how to analyse factors such as price comparisons, layouts and locations, buyers’ remorse and more recently, the impact of the GFA harmonisation!
 
But before that, the duo shares their thoughts on HDB’s newest resale portal, which aims to provide a more transparent and seamless transaction process for buyers and sellers, which is great news for existing homeowners! However, will it completely rule-out the assistance that a real estate agent could provide? What about when managing complex transactions, such as concurrent buying and selling, and over certain timeframes, or even when talking about portfolio planning?
 
All these enriching insights and more on this New Launch 101 episode on Nuggets on the go! Speaking of new launch condos, have you always thought of investing in a new launch condo but find yourself hesitating, afraid of making the wrong choice, or perhaps overwhelmed by the options? Then get ready to compare 80+ condos in 10 hours at PLB New Launch Convention 2024 on July 7th, 10 am - 8 pm! 1 day, 10 speaking sessions with 6 keynotes by industry experts from PropertyLimBrothers, sharing exclusive PLB frameworks for choosing the right condo! Join 3,000 like-minded new launch buyers to gain exclusive frameworks to secure your dream home
 
Early bird tickets now available at $7, sign up here: bit.ly/plbnlc24

The Whiteboard Series is a new series on Nuggets On The Go, focusing on different segments of real estate and exploring its key points in detail. In this first episode of The Whiteboard Series, Melvin Lim, co-founder and CEO of PropertyLimBrothers talks about all things new launch condos and why these projects remain popular among homebuyers, accounting for about 50% of monthly transactions.
 
Stay tuned for an in-depth sharing on what you should know about New Launch condos. Melvin covers 11 key factors that attract buyers to new launches – the TOP Effect, Third Exit Audience, Popularity With Tenants, and Progressive Payment, just to name a few. Melvin also talks about one of the key processes of purchasing a new launch in Singapore, highlighting the importance of addressing defects before starting renovations, in view of the 1-year Defect Liability Period.
 
Find out more about these terms and understand why new launches continue to be popular, beyond just being brand new products. Tune in to hear what Melvin has to say about new launch condos in this week’s focused episode of Nuggets On The Go!
 
Want to be part of the discussions about all things real estate? Feeling a bit FOMO? Then join our NOTG Telegram community at t.me/notgpod, where like-minded individuals discuss everything about Singapore property. The NOTG team is inside the chat to answer all your questions too!
 
(00:00:00) Intro(00:02:00) TOP Effect(00:11:01) Third Exit Audience(00:12:23) SSD(00:14:11) Progressive Payment(00:16:59) Renovation(00:20:40 Defect Warranty(00:21:42) One Year Delayed Instalment(00:22:28) No COV(00:25:59) New 99 year lease(00:29:28) New Design & Tenants Popularity(00:29:44) Closing thoughts(00:30:04) Outtakes

The NOTG team continues their discussion with infrastructure development and its influence on property investment decisions. This week, they focus on regional developments, beginning with the impact of the cancelled high-speed rail project between Malaysia and Singapore and the premature hype it generated. They also explore the potential of Woodlands, highlighting the notable appreciation in property prices there over the past few years.
 
In an interesting segment, Melvin raises a few scenarios to the rest about investing in properties in neighbouring countries, given the appeal of foreign properties with lower entry barriers, their lower value, and the advantage of Singapore’s stronger currency. Tune in to hear what Joan, Grayce, and George have to say on this very interesting episode of Nuggets On The Go!
 
Want to be part of the discussions about all things real estate? Feeling a bit FOMO? Then join our NOTG Telegram community at t.me/notgpod, where like-minded individuals discuss everything about Singapore property. The NOTG team is inside the chat to answer all your questions too!
 
(00:00:00) Average Joe(00:00:44) Jurong's Potentials(00:11:14) Woodlands' future (MRT to JB)(00:21:50) Would you buy Malaysia properties? (Singapore - Malaysia MRT Connection)(00:28:38) Currency risk investing in foreign countries(00:32:29) "Buy for what"(00:44:18) Investing in a stable country(00:48:36) Outtakes

This week, the NOTG team discusses the URA Master Plan and how it can guide property investment decisions. They highlight the importance of understanding different plot zones and the development potential, as well as plot ratios determining the density of developments that might impact properties with previously unblocked views, which, in turn, could affect desirability and eventually their value.
 
Regarding the URA Master Plan, the talk of the town for the longest time has been the development of the Greater Southern Waterfront. Is it considered overhyped? Is it still too far down the road for sellers to factor it into their property’s selling quantum? What will the future hold for that area? What about other upcoming projects like the Long Island project?
 
Tune in as Melvin Lim, George, Grayce, and Joan from PropertyLimBrothers delve deep into the URA Master Plan, Land Plots, Government Land Sales, EC plots, and the foreseeable future development in Singapore Real Estate! Hear what they think about these factors and their impacts!
 
(00:00:00) Intro(00:00:36) Investing too early into a masterplan(00:08:43) Planning your future according to the Singapore's master plan(00:10:40) 2014 vs 2019 Master Plan(00:12:47) How to read the URA master plan(00:18:35) Master plan may change(00:20:59) NOTG team preferences(00:23:34) Living near schools(00:27:39) Bayshore genius master plan(00:29:47) Goverment land sales(00:34:02) Long Island master plan(00:38:19) Greater Sourthern Waterfront is it overhyped?(00:44:38) HDBs near Reflections at Keppel Bay(00:46:58) Teaser(00:47:25) Outtakes

Part 2 of the 101 series on interest rates has the NOTG team talking about the concept of money supply and its impact on real estate. They highlight how the creation of money determines the depreciation of property and eventually the depreciation of wealth.
This is all relative because of Singaporeans' holding power in property, and that Singaporeans buy properties for their own stay, rather than pure investment. So what happens to Singapore’s real estate market when there is a cut in the overall Fed rates? And how do liquid assets like bitcoin and the S&P 500 relate to real estate?
In this episode, Melvin Lim, Yu Rong, Grayce, and Lyndon from PropertyLimBrother continue their discussion on interest rates 101 in real estate investment. Find out what else they have to say on this week’s Nuggets On The Go!
 
(00:00:00) Nuggets challenge(00:00:56) Understanding M2 Money Supply(00:06:04) Singapore land size(00:10:13) Why is Singapore different?(00:15:55) The fear of interest rate increment(00:20:32) Interest rates predictions(00:27:03) Interest rates plays with emotions(00:35:38) Boom and Bust Cycle(00:38:18) Outtakes