NOTG - Nuggets on the Go by PropertyLimBrothers Melvin Lim

Today on Nuggets On The Go, Melvin Lim from PropertyLimBrothers speaks to Ming Feng, CEO of Seedly, an online platform focused on helping readers make smarter financial decisions with the right tools and the right mindset. He learns about Ming Feng’s journey from co-founding Dollars And Sense, balancing it with his job as a trader, and transitioning to Seedly as an intern; following which he worked his way up to head of marketing, and currently CEO.
 
Find out what motivated this part-time DJ throughout his journey and what drove him to restart his career as an intern at Siddle, as he talks about his interest in growth marketing, Seedly’s evolution from a tech company to a content-driven platform and the importance of adapting to changing content consumption trends, and his thoughts on the future of real estate.
 
On that note, 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 151+ condos in 10 hours at PLB x Seedly 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!
 
Early bird tickets now available at $7, and are selling fast!sign up here: bit.ly/plbnlc24
 
Timestamps:00:00 Intro01:04 What's like being the Head of Seedly?02:19 Mid-career switch06:02 First job experience07:22 Dollar and Sense10:00 Starting over as an intern11:45 What is Seedly?13:19 Changes of how people consume content16:20 Platforms of Seedly17:33 Target audience20:02 Being in the personal finance industry23:51 Seedly's active members24:41 The switch from tech company to media house28:37 Allocating a budget for marketing29:45 Short form or long form content?30:58 Paid marketing / How to balance marketing?35:14 Is long-term content better?36:38 What's the marketing approach for brand new companies?39:17 Marketing a band45:20 How Ming Feng became a DJ47:12 Key learning points from being a DJ and experience in finance50:41 Making it into the DJ scene53:54 Float therapy56:23 To-do list tips57:11 Positioning in being a personal finance industry58:52 Positioning in being a DJ59:52 What are the worries of working adults in finance space?01:05:17 Optimal age to start planning for retirement01:06:06 Get rich quick mentality01:08:33 Ming Feng investments01:11:59 Two books for business owners01:13:30 Short term satisfaction01:14:45 Card 1: "When was the last time you were proud of yourself?"01:16:35 Card 2: "If you could witness any event from the past, present or future, what would it be and why?"01:19:18 Future plans of Seedly01:21:21 New Launch Convention01:23:11 Outtakes

On this episode of NOTG, George, Shawn, and Jesley from PropertyLimBrothers discuss the impact of HDB upgraders on Singapore’s property market, noting the trend of increased condo ownership due to rising HDB prices and a desire for better capital appreciation. They explain how higher borrowing capacity also drives this shift. The team covers loan frameworks, MSR regulations, and property valuations, emphasising strategic property investment’s importance for capital growth. They highlight the value of property ownership in Singapore, where a buyer’s name has become a significant asset.
 
Additionally, they share personal regrets and lessons from their property investments, such as not holding onto properties longer or not buying larger properties when possible. They stress considering future needs and the potential benefits of stretching one’s budget for a larger property. Stay tuned for more insights on the challenges of property investment and affordability. Find out about their personal opinions about real estate investment!
 
Speaking of 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!
 
Early bird tickets now available at $7, sign up here: bit.ly/plbnlc24
 
00:00 Introduction02:03 Home ownership ratio (Global Comparison)09:23 HDB upgraders16:36 Loaning capability36:47 Healthy monthly mortgage38:36 Searching for a new launch property44:28 Holding a property for too long49:51 Understanding the masterplan and your time horizon56:46 Average PSF for New Launches01:02:22 Efficient layouts01:07:47 Wipe out investment01:22:00 Purchasing power of Singapore household sector01:31:01 Buying too small01:40:15 Buying to the maximum01:50:20 New Launch Convention

On this special episode of Nuggets On The Go, we’re joined by Willie Keng, a full-time investor who has guided numerous investors in expanding their dividend portfolios. Previously, an associate director at a prestigious private bank with a solid six-figure income, he often found himself constantly trading his time for a paycheck. His passion for financial markets was undeniable, yet the corporate environment didn’t align with his aspirations.
 
Join us as we explore his journey from his days as a materials engineering student to a lucrative corporate career and now to a full-time investor. Learn how he builds robust dividend portfolios, who inspires him and find out the strategies he adopted that have reshaped his life. See how he turned his passion for financial markets into a thriving pursuit of wealth and freedom. Be sure not to miss this enlightening episode!
 
If you’re keen to read Willie’s articles and tips on dividends, bonds, and REIT investing, visit: https://www.dividendtitan.com/

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