#22: What Do YOU Want to Know About Singapore Real Estate? We Answer Them!

Our NOTG home team is back, this time we have a special AMA episode for you! Having gathered your questions through our Instagram Stories, Melvin Lim, Grayce, George and Yu Rong from PropertyLimBrothers answer your burning questions.

From calculating valuation, choosing between PLH and non-PLH, to the things to take note if you’re a Singaporean + PR couple looking to buy a home. All these and more will be answered on this week’s Nuggets On The Go episode!

Any unanswered questions? Feel free to drop us a message in the comment sections or email us at insights@plb.sg! We’ll be happy to address your enquiries.

Watch the video on our NOTG YouTube Channel:
https://youtu.be/oy06ECdT8yQ

(00:00:00) Introduction
(00:03:22) Question 1: (Down payment for an HDB 5-room)
(00:05:03) Types of grants
(00:06:37) HDB Loan and Bank Loan
(00:07:39) Mindset for resale market (COV)
(00:08:40) Determining the valuation
(00:10:20) Question 2: (Non-PLH or PLH)
(00:10:56) Difference between Non-PLH and PLH?
(00:13:39) Question 3: (Buying new launch or resale in D15)
(00:15:58) Buying new launch or resale property?
(00:16:36) The Shore Residences vs Tembusu Grand
(00:19:17) Yu Rong's opinion: Freehold Resale vs The Continuum
(00:21:06) NOTG nuggets sponsor
(00:21:35) Question 4: (3-bedder unit at Kent Ridge Hill Residences in 2018)
(00:22:14) Kent Ridge Hill Residences location analysis
(00:23:15) D5 price analysis
(00:24:00) Should you hold? (Kent Ridge Hill Residences)
(00:24:59) Asking price of Normanton Park and Kent Ridge Hill Residences
(00:26:21) Should you sell during TOP?
(00:30:37) Question 4: (Quiet market for rental or selling market)
(00:31:51) Inter-terrace vs Semi-detached
(00:33:09) What's your next plan?
(00:36:00) Question 5: (4-bedder duplex condo below $3 mil)
(00:37:11) PLB client story
(00:38:26) Question 6: (Will the mortgage loan rates drop?)
(00:39:06) Why interest rates drop?
(00:39:33) What happens to real estate market when interest rates drop
(00:40:47) Methodology of buyers and sellers
(00:41:44) Forecast of interest rate
(00:42:18) SORA rates
(00:42:32) Timing the market
(00:43:51) Yu Rong's pronunciation (Part 1)
(00:44:28) Question 7: (Resale condo or cluster landed)
(00:45:05) Chasm Gap
(00:45:47) Landed homes are more attractive
(00:46:44) Resale condo or cluster landed?
(00:47:29) $3 mil Cluster landed
(00:48:20) Yu Rong's maximum price for each property type
(00:50:14) Inventory level of strata housing 
(00:51:14) Strata landed for foreigners
(00:52:19) Hybrid option
(00:53:28) Question 8: (Limitations for PR)
(00:56:32) Yu Rong's pronunciation (Part 2)
(00:56:55) Benefits of having dual citizenship
(00:58:05) Yu Rong's pronunciation (Part 3)
(00:58:34) Singapore is pro-family
(00:59:19) Question 9: (Combine income HDB resale or BTO)
(01:00:40) BTO waiting time
(01:01:53) HDB loan of combine income of $6,800
(01:02:57) Question 10: (Which has a higher ROI)
(01:03:42) Cluster house vs Pure landed
(01:06:35) Yu Rong's choice of project in D14
(01:07:17) Which district has the highest ROI?
(01:08:01) Question 11: (Budget of $1.3 mil, property in north-east area)
(01:09:50) Answering "What" questions
(01:10:36) Conclusion