#15 Cracking the Condo Code: The First 5 Steps to Assess a Singapore Condo’s Investment Potential
Venturing into the private property market may be an unknown territory for most first-timers. How can you be prepared to take on analysing property by yourself? On this episode of Nuggets On The Go, Melvin Lim from PropertyLimBrothers shares valuable insights gathered throughout 17 years of industry experience and through PLB’s Research arm.
Learn how to take advantage of online tools such as Streetdirectory and Square Foot Research, before diving head first into finding your next property. Find out about our thought processes, methodology and our proprietary MOAT Analysis Tool, all on this week’s Nuggets On The Go!
(00:00) Introduction
(01:47) Analyse a condominium through Square foot Research
(03:16) Take note of the tenure?
(04:49) Take note of the number of units?
(06:06) Why transactions and popularity are important? (Webinar Clip)
(09:38) Transaction volume in the last 6 and 12 months
(11:03) Check listing of the property through PropertyGuru
(13:06) Transactions of Kovan Melody
(13:31) Entry-Exit
(15:24) Why some projects perform better?
(19:50) Kovan Melody performance (Past - Present)
(21:04) Behaviours of Condominiums
(30:37) Buy in during uptrend or downtrend
(31:35) Comparing projects through MOAT Analysis
(33:14) Consult with PLB
(33:37) Conclusion
(33:58) Bloopers
Watch the video on our NOTG YouTube Channel:
https://youtu.be/g9gHEaVYjVM
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