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LSCH�^d8�d��O�)��f��Q�/wp-json/wp/v2/posts/?per_page=100#+webp�8a7_HTTP.200,8a7_default,8a7_URL.098f7bd299dfabbad722a5b88f686a9d,8a7_REST,8a7_x-powered-by: PHP/7.4.33 content-type: application/json; charset=UTF-8 x-robots-tag: noindex link: <https://theinsightfulrealtor.com/wp-json/>; rel="https://api.w.org/" x-content-type-options: nosniff access-control-expose-headers: X-WP-Total, X-WP-TotalPages, Link access-control-allow-headers: Authorization, X-WP-Nonce, Content-Disposition, Content-MD5, Content-Type x-wp-total: 49 x-wp-totalpages: 1 allow: GET vary: Origin x-litespeed-cache-control: public,max-age=604800 x-litespeed-tag: 8a7_HTTP.200,8a7_default,8a7_URL.098f7bd299dfabbad722a5b88f686a9d,8a7_REST,8a7_ etag: "6-1679056568;;;" [{"id":2890,"date":"2023-03-17T02:39:04","date_gmt":"2023-03-17T02:39:04","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2890"},"modified":"2023-03-17T02:39:04","modified_gmt":"2023-03-17T02:39:04","slug":"based-on-my-interactions-with-my-friends-and-clients-that-are-singles-it-is-disheartening-to-see-the-new-hostel-like-public-housing-model-for-singles-that-was-recently-unveiled-by-the-hdb","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/based-on-my-interactions-with-my-friends-and-clients-that-are-singles-it-is-disheartening-to-see-the-new-hostel-like-public-housing-model-for-singles-that-was-recently-unveiled-by-the-hdb\/","title":{"rendered":"Based on my interactions with my friends and clients that are singles, it is disheartening to see the new “hostel-like” public housing model for singles that was recently unveiled by the HDB."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2887\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-282x300.jpeg\" alt=\"\" width=\"282\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-282x300.jpeg 282w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-963x1024.jpeg 963w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-768x816.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-564x600.jpeg 564w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM-496x527.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.51-AM.jpeg 1204w\" sizes=\"(max-width: 282px) 100vw, 282px\" \/><\/p>\n<p>Based on my interactions with my friends and clients that are singles, it is disheartening to see the new “hostel-like” public housing model for singles that was recently unveiled by the HDB.<\/p>\n<p>Pictures of shared facilities and private rooms have been compared to army camps, foreign worker dormitories, and cramped Hong Kong apartments.<\/p>\n<p>Like it or not, HDB is an experience that gives most Singaporeans a sense of stakeholding in the country and a stepping board for the next milestone in life.<\/p>\n<p>Many of us grew up in such HDBs and aspire to get our own when the time comes. However, the recent controversy raises a deeper question, do singles, regardless of their income level, are being put in a disadvantage when it comes to public housing?<\/p>\n<p>At first glance, it may seem like there are numerous housing options for single Singaporeans, from Minister Desmond Lee’s speech to put 100,000 keys in people’s pockets, to bigger subsidies of up to $80,000 through CPF grants that will enable more Singaporeans to buy their first home. But is that really the case?<\/p>\n<p>Many millennials moved out of their family homes during the pandemic to have more personal space, even renting when a private home proved unattainable.<\/p>\n<p>Personally I believe strongly that it is time to review the outdated HDB policy that prioritizes housing options for the married couples under 35.<\/p>\n<p>Practically speaking, most Singaporeans get married only in their late 20s to 30s and many already see obtaining a new home as a must have for settling down.<\/p>\n<p>So why is BTO still retained as a carrot to encourage more to marry?<\/p>\n<p>Couples tying the knot also have to wait years before finally getting their flat. That long drawn process from balloting successfully for a BTO and then wait for the HDB to be built creates unnecessary delays and push back family plans, including having children.<\/p>\n<p>Offering a home earlier to eligible singles could help young Singaporeans get over the hurdle of home ownership quicker and provide a more stable environment before settling down.<\/p>\n<p>I believe that HDB flats should be open to all Singaporeans, regardless of their marital status.<\/p>\n<p>Let’s not forget that beyond a home, HDB is also a solid investment asset class allowing Singaporeans to take part in the country’s growth.<\/p>\n<p>In conclusion, let’s not discriminate against singles, it’s time to give singles the same opportunities as everyone else.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on my interactions with my friends and clients that are singles, it is disheartening to see the new “hostel-like” public housing model for singles that was recently unveiled by the HDB. Pictures of shared facilities and private rooms have been compared to army camps, foreign worker dormitories, and cramped Hong Kong apartments. Like it […]<\/p>\n","protected":false},"author":1,"featured_media":2887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2890"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2890"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2890\/revisions"}],"predecessor-version":[{"id":2891,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2890\/revisions\/2891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2887"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2885,"date":"2023-03-16T02:33:22","date_gmt":"2023-03-16T02:33:22","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2885"},"modified":"2023-03-17T02:36:05","modified_gmt":"2023-03-17T02:36:05","slug":"according-to-recent-data-analysis-done-subsale-volumes-in-private-property-have-reached-a-10-year-high-in-2022","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/according-to-recent-data-analysis-done-subsale-volumes-in-private-property-have-reached-a-10-year-high-in-2022\/","title":{"rendered":"According to recent data analysis done, subsale volumes in private property have reached a 10-year high in 2022."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2886\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-300x198.jpeg\" alt=\"\" width=\"300\" height=\"198\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-300x198.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-1024x677.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-768x508.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-908x600.jpeg 908w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM-496x328.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-17-at-10.27.29-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>According to recent data analysis done, subsale volumes in private property have reached a 10-year high in 2022.<\/p>\n<p>Subsale transactions are done usually at the end of the 3 years seller stamp duty SSD mark and before the project completed\/TOP, before keys collections.<\/p>\n<p>Because of covid, the building construction has a longer runway of 4-5 years and the 3 years SSD starts from the date of purchase.<\/p>\n<p>This resulted a market of subsale transactions happening, some projects will be like Affinity at Serangoon, Treasures Tampines and Florence Residences.<\/p>\n<p>In fact, the vast majority of sub-sale transactions recorded last year were profitable, with sellers earning an average profit of S$373,230.<\/p>\n<p>The highest average annualized profit was found in the suburbs (OCR), at 4.6%, while subsales in the prime CCR made an average profit of S$707,640 because of its higher quantum.<\/p>\n<p>While current subsale levels are nowhere near their peak of 4,862 transactions in 2007, the rising numbers point to a return of trading momentum in a market where buying activity has been dampened by cooling measures.<\/p>\n<p>In 2022, the bulk of sub-sale transactions were found in the outside central region (OCR) and the rest of central region (RCR).<\/p>\n<p>While the number of sub-sale transactions may start to taper off in the coming year, I’m optimistic about the overall future growth.<\/p>\n<p>As always, if you have any questions or want to discuss more about your real estate needs, please feel free to reach out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to recent data analysis done, subsale volumes in private property have reached a 10-year high in 2022. Subsale transactions are done usually at the end of the 3 years seller stamp duty SSD mark and before the project completed\/TOP, before keys collections. Because of covid, the building construction has a longer runway of 4-5 […]<\/p>\n","protected":false},"author":1,"featured_media":2886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2885"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2885"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2885\/revisions"}],"predecessor-version":[{"id":2889,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2885\/revisions\/2889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2886"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2881,"date":"2023-03-15T03:05:45","date_gmt":"2023-03-15T03:05:45","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2881"},"modified":"2023-03-15T03:05:45","modified_gmt":"2023-03-15T03:05:45","slug":"this-news-piece-offers-an-insightful-analysis-of-the-ongoing-shift-in-the-real-estate-industry-from-commercial-to-residential-properties-driven-by-the-covid-19-pandemic-and-changing-market-behaviors","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/this-news-piece-offers-an-insightful-analysis-of-the-ongoing-shift-in-the-real-estate-industry-from-commercial-to-residential-properties-driven-by-the-covid-19-pandemic-and-changing-market-behaviors\/","title":{"rendered":"This news piece offers an insightful analysis of the ongoing shift in the real estate industry from commercial to residential properties, driven by the COVID-19 pandemic and changing market behaviors & demands."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2879\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-284x300.jpeg\" alt=\"\" width=\"284\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-284x300.jpeg 284w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-969x1024.jpeg 969w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-768x812.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-568x600.jpeg 568w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM-496x524.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.49-AM.jpeg 1211w\" sizes=\"(max-width: 284px) 100vw, 284px\" \/><\/p>\n<p>This news piece offers an insightful analysis of the ongoing shift in the real estate industry from commercial to residential properties, driven by the COVID-19 pandemic and changing market behaviors & demands.<\/p>\n<p>The redevelopment of Bedok Point mall to Sky Eden is just the first of the many projects to come that will take up the conversion of older office developments into mixed-use properties.<\/p>\n<p>75% of the units in Sky Eden@Bedok were sold on the first day of its launch, showing the strong demand for residential properties in Singapore.<\/p>\n<p>Jcube in Jurong will also be launching its new project probably second half of the year after getting the go ahead from the authorities.<\/p>\n<p>The 2019 introduced CBD incentive scheme allows the increase of the plot ratio, allowing for the maximization of a development’s gross floor area and also increase the potential profitability of the property.<\/p>\n<p>Maxwell House (TMW Maxwell) and Fuji Xerox Tower (Newport Residences) are among the firsts to take up the incentive scheme to be redeveloped & introduce more residential components into the building.<\/p>\n<p>Old and languishing retail malls that are strata-titled need to be sold collectively for redevelopment, which can be a complicated process. Katong Shopping Centre, Sultan Plaza, Sim Lim Square, Sim Lim Tower are just some of the examples.<\/p>\n<p>Enbloc hopefuls who bought into these projects may have to face a more uncertain future about the fate of such buildings.<\/p>\n<p>It is important to keep updating on what is the current trend in Singapore’s real estate market. An unexpected global event like Covid will shift people\u2019s behavior and that shifts the demand & supply of different properties segment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This news piece offers an insightful analysis of the ongoing shift in the real estate industry from commercial to residential properties, driven by the COVID-19 pandemic and changing market behaviors & demands. The redevelopment of Bedok Point mall to Sky Eden is just the first of the many projects to come that will take up […]<\/p>\n","protected":false},"author":1,"featured_media":2879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2881"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2881"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2881\/revisions"}],"predecessor-version":[{"id":2882,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2881\/revisions\/2882"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2879"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2877,"date":"2023-03-14T03:03:05","date_gmt":"2023-03-14T03:03:05","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2877"},"modified":"2023-03-15T03:04:39","modified_gmt":"2023-03-15T03:04:39","slug":"developers-sales-for-the-week-of-06-mar-12-mar-2023-were-68-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/developers-sales-for-the-week-of-06-mar-12-mar-2023-were-68-units\/","title":{"rendered":"Developers\u2019 sales for the week of 06 Mar \u2013 12 Mar 2023 were 68 units"},"content":{"rendered":"<p> <\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2878\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-300x170.jpeg\" alt=\"\" width=\"300\" height=\"170\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-300x170.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-1024x581.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-768x436.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-1058x600.jpeg 1058w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM-496x281.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-15-at-11.02.25-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The CCR accounted for 75.0% while the RCR and OCR made up 14.7% and 10.3%<\/p>\n<p>The top-selling project in the CCR is Leedon Green, followed by The Landmark in the RCR, and The Gazania and Urban Treasures in the OCR<\/p>\n<p>The Buyer\u2019s Stamp Duty was raised previously in Feb 2018 and recently in Feb 2023<\/p>\n<p>An analysis of caveats from 4Q 2017 to 2Q 2018 showed that demand and prices for new homes worth $1 million and above were higher after the increase in BSD<\/p>\n<p>2,052 caveats were lodged for new homes $1 million and above before the increase in BSD in 2018<\/p>\n<p>This increased by 25.6% to 2,578 caveats after the increase in BSD on 20 Feb 2018<\/p>\n<p>New sale prices increased by 3.9% to an average of $1,662 psf after the 20 Feb 2018 BSD increase<\/p>\n<p>Preliminary data up to 13 Mar 2023 revealed a similar trend<\/p>\n","protected":false},"excerpt":{"rendered":"<p>  The CCR accounted for 75.0% while the RCR and OCR made up 14.7% and 10.3% The top-selling project in the CCR is Leedon Green, followed by The Landmark in the RCR, and The Gazania and Urban Treasures in the OCR The Buyer\u2019s Stamp Duty was raised previously in Feb 2018 and recently in Feb […]<\/p>\n","protected":false},"author":1,"featured_media":2878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2877"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2877"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2877\/revisions"}],"predecessor-version":[{"id":2880,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2877\/revisions\/2880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2878"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2875,"date":"2023-03-13T03:00:31","date_gmt":"2023-03-13T03:00:31","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2875"},"modified":"2023-03-15T03:02:02","modified_gmt":"2023-03-15T03:02:02","slug":"the-real-estate-market-is-eagerly-anticipating-the-q2-of-2023-which-promises-to-offer-a-wide-variety-of-fresh-exciting-projects-for-both-homeowners-and-investors","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-real-estate-market-is-eagerly-anticipating-the-q2-of-2023-which-promises-to-offer-a-wide-variety-of-fresh-exciting-projects-for-both-homeowners-and-investors\/","title":{"rendered":"The real estate market is eagerly anticipating the Q2 of 2023, which promises to offer a wide variety of fresh exciting projects for both homeowners and investors."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2871\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-300x228.jpeg\" alt=\"\" width=\"300\" height=\"228\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-300x228.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-1024x779.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-768x584.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-789x600.jpeg 789w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-120x90.jpeg 120w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM-496x377.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.41.25-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The real estate market is eagerly anticipating the Q2 of 2023, which promises to offer a wide variety of fresh exciting projects for both homeowners and investors.<\/p>\n<p>The new launches are set to cater to different groups of buyers, with many projects located close to existing or upcoming MRT stations. Which in turn ensure excellent connectivity to employment hubs, commercial offerings and attractions around Singapore.<\/p>\n<p>One of the highly anticipated projects is Skywaters Residences, a mixed-use development located in the heart of Tanjong Pagar, which will be the tallest skyscraper in Singapore.<\/p>\n<p>Meanwhile, Newport Residences is located within the CBD and near the future Greater Southern Waterfront development, this will appeal to home buyers who wish to live in the city or enjoy potential rental upside in the years to come.<\/p>\n<p>Other highly anticipated projects include Tembusu Grand, The Continuum, The Reserve Residences, Pine Grove (Parcel A), and Lentor Hills Residences, all located in strategic locations with high potential for growth and development.<\/p>\n<p>The healthy sales of the recent new launches so far indicate there is still genuine underlying demand and ample liquidity in the market.<\/p>\n<p>The new project launches prices are expected to remain firm this year as developers have already locked in high land prices and are facing rising construction costs and elevated interest rates.<\/p>\n<p>Buyers of new launches will enjoy the progressive payment scheme that allows them to pay lower mortgage payments initially, providing some extent of affordability to enter the market.<\/p>\n<p>The upcoming new launches in Q2 2023 will also be seen as a test of the resilience of the Singapore real estate market despite the many uncertainties in the horizon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The real estate market is eagerly anticipating the Q2 of 2023, which promises to offer a wide variety of fresh exciting projects for both homeowners and investors. The new launches are set to cater to different groups of buyers, with many projects located close to existing or upcoming MRT stations. Which in turn ensure excellent […]<\/p>\n","protected":false},"author":1,"featured_media":2871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2875"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2875"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2875\/revisions"}],"predecessor-version":[{"id":2876,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2875\/revisions\/2876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2871"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2873,"date":"2023-03-12T02:59:04","date_gmt":"2023-03-12T02:59:04","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2873"},"modified":"2023-03-15T03:00:23","modified_gmt":"2023-03-15T03:00:23","slug":"i-am-bullish-about-the-luxury-property-rental-market","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/i-am-bullish-about-the-luxury-property-rental-market\/","title":{"rendered":"I am bullish about the luxury property rental market."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2870\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-218x300.jpeg\" alt=\"\" width=\"218\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-218x300.jpeg 218w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-744x1024.jpeg 744w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-768x1057.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-436x600.jpeg 436w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM-496x683.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.50-PM.jpeg 930w\" sizes=\"(max-width: 218px) 100vw, 218px\" \/><\/p>\n<p>I am bullish about the luxury property rental market. This is not just based on the news reports but also my interactions with my clients & colleagues.<\/p>\n<p>Recent months we have seen new record highs for both landed and non-landed prime segments, driven by foreign high-net-worth individuals who are looking to set up family offices in Singapore.<\/p>\n<p>These outlier deals have performed well despite the broader market’s softening in other segments, proving the resilience of the luxury property market.<\/p>\n<p>The Marq on Paterson Hill recently leased a 4 bedroom unit at an impressive S$100,000 a month, breaking the previous high of S$80,000 a month.<\/p>\n<p>Such deals are driven by wealthy foreigners who are attracted to Singapore’s reputation as a safe and stable country to operate a business and live in.<\/p>\n<p>Looking ahead, I am confident that 2023 will continue be a record year for the luxury rental markets, especially as China reopens and more foreigners decide to set up base in Singapore.<\/p>\n<p>Some rent adjustments may be expected in the second half of 2023 due to the completion of more mass market projects, I believe these changes are not going to have any significant impact on the luxury segment due to its current low supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am bullish about the luxury property rental market. This is not just based on the news reports but also my interactions with my clients & colleagues. Recent months we have seen new record highs for both landed and non-landed prime segments, driven by foreign high-net-worth individuals who are looking to set up family offices […]<\/p>\n","protected":false},"author":1,"featured_media":2870,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2873"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2873"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2873\/revisions"}],"predecessor-version":[{"id":2874,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2873\/revisions\/2874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2870"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2868,"date":"2023-03-10T02:56:56","date_gmt":"2023-03-10T02:56:56","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2868"},"modified":"2023-03-15T02:58:53","modified_gmt":"2023-03-15T02:58:53","slug":"hdb-resale-performance-is-critical-to-the-health-of-singapores-residential-property-market","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/hdb-resale-performance-is-critical-to-the-health-of-singapores-residential-property-market\/","title":{"rendered":"HDB resale performance is critical to the health of Singapore’s residential property market."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2869\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM-163x300.jpeg\" alt=\"\" width=\"163\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM-163x300.jpeg 163w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM-555x1024.jpeg 555w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM-325x600.jpeg 325w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM-496x915.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-13-at-12.40.25-PM.jpeg 694w\" sizes=\"(max-width: 163px) 100vw, 163px\" \/><\/p>\n<p>HDB resale performance is critical to the health of Singapore’s residential property market.<\/p>\n<p>The inter relation of HDB resale and private resale markets is also predictable.<\/p>\n<p>If HDB resale doesn’t do well, private resale will also not do well.<\/p>\n<p>The recent decline in HDB resale volume may result in a price drop in the coming months.<\/p>\n<p>However, based on our market observations, HDB resale volume is likely to rebound in March due to several factors.<\/p>\n<p>Firstly, the increase in HDB resale grants from $50k to $80k will benefit first-time buyers.<\/p>\n<p>Secondly, typically in Q2 and Q3, we see more buyers will slowly return to the resale market, and there are more resale choices available these days as sellers put up their homes for sale, giving buyers more options to shortlist their ideal unit.<\/p>\n<p>This situation is expected to result in more buyers making decisions in the coming months.<\/p>\n<p>Thirdly, the recent BTO exercise was not well received, partly because of the poor location, coupled with the increase in housing grants, it may make more sense to opt for resale now.<\/p>\n<p>Fourthly, due to the stricter rules taking effect in Aug for the upcoming BTOs, buyers might be even more selective in their BTO application, thus turning to the resale market for immediate move in.<\/p>\n<p>Lastly, the immediate move in option is probably the key reason for the current resale bull run.<\/p>\n<p>Many homebuyers are not able to wait five years for their BTO flats.<\/p>\n<p>Unless BTO waiting time can revert back to pre-Covid of 3-4 years, the resale market will continue to do well.<\/p>\n<p>With construction slowly back to full strength, we are likely to have more buyers choosing BTOs over resale in 1-2 years time.<\/p>\n<p>The next critical question is whether HDB prices will still hold strong. The short term is still probably a yes, but only temporarily due to limited supply.<\/p>\n<p>However, in the mid-term, say 1-2 years, we will see HDB resale price correction as 100k BTO units launch in the next four years, taking away a big pie of the first-time buyers.<\/p>\n<p>Besides, many MOP units are coming to the resale market every month, and we are already experiencing price cutting competition in some MOP clusters in the past few months, even for some in prime locations.<\/p>\n<p>The decline that we saw in 2013 may happen again, and we will once again go into a buyer’s market.<\/p>\n<p>If you are an HDB owner with the intention to upgrade, downsize, or even right-size your current HDB flats, please do it as soon as possible. The window period is running short.<\/p>\n<p>The HDB supply is coming and coming big time. The market will not be able to absorb the BTO units together with MOP units.<\/p>\n<p>If you need to sell, better sell as soon as possible, on the ground we already know that gone are the days where buyers would put up crazy offers just to buy your unit.<\/p>\n<p>Prices will not be allowed to go up further because the government already has the ready controls in place to calm the market anytime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HDB resale performance is critical to the health of Singapore’s residential property market. The inter relation of HDB resale and private resale markets is also predictable. If HDB resale doesn’t do well, private resale will also not do well. The recent decline in HDB resale volume may result in a price drop in the coming […]<\/p>\n","protected":false},"author":1,"featured_media":2869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2868"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2868"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2868\/revisions"}],"predecessor-version":[{"id":2872,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2868\/revisions\/2872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2869"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2845,"date":"2023-03-06T07:58:53","date_gmt":"2023-03-06T07:58:53","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2845"},"modified":"2023-03-08T08:00:24","modified_gmt":"2023-03-08T08:00:24","slug":"developers-sales-for-the-week-of-27-feb-5-mar-2023-were-302-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/developers-sales-for-the-week-of-27-feb-5-mar-2023-were-302-units\/","title":{"rendered":"Developers\u2019 sales for the week of 27 Feb \u2013 5 Mar 2023 were 302 units"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2846\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-300x171.jpeg\" alt=\"\" width=\"300\" height=\"171\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-300x171.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-1024x585.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-768x439.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-1051x600.jpeg 1051w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM-496x283.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-06-at-4.26.26-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Developers\u2019 sales for the week of 27 Feb \u2013 5 Mar 2023 were 302 units<\/p>\n<p>The CCR accounted for 20.2% while the RCR and OCR made up 8.3% and 71.5%<\/p>\n<p>The top-selling project in the CCR is Royalgreen, followed by The Landmark in the RCR, and The Botany at Dairy Farm in the OCR<\/p>\n<p>The Botany at Dairy Farm sold almost 50% on launch day which is within expectations<\/p>\n<p>The one and two bedrooms were almost sold out<\/p>\n<p>Investors zoomed in on the 1-bedroom units probably for the rental demand from the German European School next door<\/p>\n<p>Owner occupiers were drawn to the tranquil environment and proximity to nature<\/p>\n<p>In the next two months, buyers can look forward to Blossoms by the Park, Tembusu Grand, The Continuum and The Reserve Residences<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers\u2019 sales for the week of 27 Feb \u2013 5 Mar 2023 were 302 units The CCR accounted for 20.2% while the RCR and OCR made up 8.3% and 71.5% The top-selling project in the CCR is Royalgreen, followed by The Landmark in the RCR, and The Botany at Dairy Farm in the OCR The […]<\/p>\n","protected":false},"author":1,"featured_media":2846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2845"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2845"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2845\/revisions"}],"predecessor-version":[{"id":2847,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2845\/revisions\/2847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2846"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2843,"date":"2023-02-27T04:29:22","date_gmt":"2023-02-27T04:29:22","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2843"},"modified":"2023-03-02T04:30:16","modified_gmt":"2023-03-02T04:30:16","slug":"developers-sales-for-the-week-of-20-feb-26-feb-2023-were-182-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/developers-sales-for-the-week-of-20-feb-26-feb-2023-were-182-units\/","title":{"rendered":"Developers\u2019 sales for the week of 20 Feb \u2013 26 Feb 2023 were 182 units"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2840\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-300x169.jpeg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-300x169.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-1024x578.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-768x434.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-1062x600.jpeg 1062w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM-496x280.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.25.15-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Developers\u2019 sales for the week of 20 Feb \u2013 26 Feb 2023 were 182 units<\/p>\n<p>The CCR accounted for 30.8% while the RCR and OCR made up 61.5% and 7.7%<\/p>\n<p>The top-selling project in the CCR is Pullman Residences Newton, followed by Terra Hill in the RCR, and EC \u2013 Tenet in the OCR<\/p>\n<p>Terra Hill sold almost 40% of its units on launch day which is within expectations<\/p>\n<p>Buyers are mostly staying in the west<\/p>\n<p>They were drawn to the proximity to the future upcoming Greater Southern Waterfront which is starting to take shape<\/p>\n<p>Labrador Tower, a Grade A office building, will be completed by 2024 and will increase the potential tenant pool in the area<\/p>\n<p>Owner occupiers are taking a long term view to enjoy the future benefits of GSW for generations to come.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers\u2019 sales for the week of 20 Feb \u2013 26 Feb 2023 were 182 units The CCR accounted for 30.8% while the RCR and OCR made up 61.5% and 7.7% The top-selling project in the CCR is Pullman Residences Newton, followed by Terra Hill in the RCR, and EC \u2013 Tenet in the OCR Terra […]<\/p>\n","protected":false},"author":1,"featured_media":2840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2843"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2843"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2843\/revisions"}],"predecessor-version":[{"id":2844,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2843\/revisions\/2844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2840"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2839,"date":"2023-02-20T04:26:46","date_gmt":"2023-02-20T04:26:46","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2839"},"modified":"2023-03-02T04:30:58","modified_gmt":"2023-03-02T04:30:58","slug":"developers-sales-for-the-week-of-13-feb-19-feb-2023-were-114-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/developers-sales-for-the-week-of-13-feb-19-feb-2023-were-114-units\/","title":{"rendered":"Developers\u2019 sales for the week of 13 Feb \u2013 19 Feb 2023 were 114 units"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2841\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-300x169.jpeg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-300x169.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-1024x578.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-768x434.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-1062x600.jpeg 1062w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM-496x280.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/03\/WhatsApp-Image-2023-03-02-at-12.27.14-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Developers\u2019 sales for the week of 13 Feb \u2013 19 Feb 2023 were 114 units<\/p>\n<p>The CCR accounted for 61.4% while the RCR and OCR made up 19.3% and 19.3%<\/p>\n<p>The top-selling project in the CCR is Peak Residence, Pullman Residences Newton, and The Atelier, followed by Rivi\u00e8re in the RCR, and EC \u2013 Tenet in the OCR<\/p>\n<p>The Government announced an increase in buyer\u2019s stamp duty (BSD) on 14 Feb<\/p>\n<p>It was estimated that around 60 units in projects were sold in the hours after the announcement of an increase in buyer’s stamp duty, compared to 15 units sold before the announcement<\/p>\n<p>67% of the 60 deals were closed in the CCR, while 14 per cent and 19 per cent were closed in the RCR and OCR, respectively<\/p>\n<p>The higher BSD is a wealth tax and is unlikely to affect future project sales.<\/p>\n<p>The crowd seen at upcoming project launches, Terra Hill and The Botany at Dairy Farm shows that buyers are unfazed at this marginal tax increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers\u2019 sales for the week of 13 Feb \u2013 19 Feb 2023 were 114 units The CCR accounted for 61.4% while the RCR and OCR made up 19.3% and 19.3% The top-selling project in the CCR is Peak Residence, Pullman Residences Newton, and The Atelier, followed by Rivi\u00e8re in the RCR, and EC \u2013 Tenet […]<\/p>\n","protected":false},"author":1,"featured_media":2841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2839"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2839"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2839\/revisions"}],"predecessor-version":[{"id":2842,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2839\/revisions\/2842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2841"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2771,"date":"2023-02-16T03:26:06","date_gmt":"2023-02-16T03:26:06","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2771"},"modified":"2023-02-16T03:26:06","modified_gmt":"2023-02-16T03:26:06","slug":"the-mad-rush-for-getting-the-option-to-purchase-otp-done-on-or-before-14-feb-is-not-as-crazy-as-the-past-cooling-measures","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-mad-rush-for-getting-the-option-to-purchase-otp-done-on-or-before-14-feb-is-not-as-crazy-as-the-past-cooling-measures\/","title":{"rendered":"The mad rush for getting the option to purchase OTP done on or before 14 Feb is not as crazy as the past cooling measures."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2772\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM-190x300.jpeg\" alt=\"\" width=\"190\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM-190x300.jpeg 190w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM-648x1024.jpeg 648w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM-380x600.jpeg 380w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM-496x783.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-16-at-11.23.49-AM.jpeg 746w\" sizes=\"(max-width: 190px) 100vw, 190px\" \/><\/p>\n<p>The mad rush for getting the option to purchase OTP done on or before 14 Feb is not as crazy as the past cooling measures.<\/p>\n<p>The only real affected buyers are of the higher priced properties. However, a person buying a $5m property, will not be very much affected by a $50k increase in taxes.<\/p>\n<p>The newly implemented property tax affects not just the residential but also the non residential properties.<\/p>\n<p>This means that the Gov is aware of the incoming hot money flowing into Singapore in the coming months.<\/p>\n<p>This round of budget is what I called a Robin Hood budget. Taxing the rich and supporting the poor. Luxury cars & higher priced properties are subjected to higher tax. While more CPF grants are given out to first timers buyers.<\/p>\n<p>No doubt that we are experiencing another wave of new immigrants, and overall assets prices are expected to continue to rise in the coming years.<\/p>\n<p>The only way to keep up is to acquire more or stay vested in the real assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The mad rush for getting the option to purchase OTP done on or before 14 Feb is not as crazy as the past cooling measures. The only real affected buyers are of the higher priced properties. However, a person buying a $5m property, will not be very much affected by a $50k increase in taxes. […]<\/p>\n","protected":false},"author":1,"featured_media":2772,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2771"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2771"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2771\/revisions"}],"predecessor-version":[{"id":2773,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2771\/revisions\/2773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2772"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2767,"date":"2023-02-15T03:22:37","date_gmt":"2023-02-15T03:22:37","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2767"},"modified":"2023-02-16T03:24:51","modified_gmt":"2023-02-16T03:24:51","slug":"as-a-real-estate-agent-that-talks-to-different-types-of-buyers-everyday-on-the-ground-we-do-know-that-there-are-a-lot-more-naturalized-citizens","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/as-a-real-estate-agent-that-talks-to-different-types-of-buyers-everyday-on-the-ground-we-do-know-that-there-are-a-lot-more-naturalized-citizens\/","title":{"rendered":"As a real estate agent that talks to different types of buyers everyday on the ground, we do know that there are a lot more naturalized citizens."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2768\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-204x300.jpeg\" alt=\"\" width=\"204\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-204x300.jpeg 204w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-698x1024.jpeg 698w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-768x1127.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-409x600.jpeg 409w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM-496x728.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-5.56.58-PM.jpeg 872w\" sizes=\"(max-width: 204px) 100vw, 204px\" \/><\/p>\n<p>As a real estate agent that talks to different types of buyers everyday on the ground, we do know that there are a lot more naturalized citizens.<\/p>\n<p>As I was marketing an EC in Sengkang The Vales, there were close to 15 groups of buyers that spoke with a Chinese accent but holding onto a pink IC, which means that they are already gotten Singapore Citizenship.<\/p>\n<p>This is something unavoidable for a land scarce country facing aging population and low birth rate.<\/p>\n<p>If the Gov wishes to fund its social support programs, one of the way is to increase the population, especially those that can still contribute to the economy.<\/p>\n<p>Of course, the Gov will not release the sensitive numbers of how many of such citizenships have been given over the past years.<\/p>\n<p>Currently, there also isn\u2019t a way to measure how many properties are being bought by newer citizens. Currently, they can only track based on citizenships.<\/p>\n<p>This news article is in a way meaningless to say that non residents from China account only for 1% of the property purchase.<\/p>\n<p>One thing for sure I do know, that the property remains attractive for overseas buyers and they will find ways and means to slowly shift their funds or immigrate into Singapore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a real estate agent that talks to different types of buyers everyday on the ground, we do know that there are a lot more naturalized citizens. As I was marketing an EC in Sengkang The Vales, there were close to 15 groups of buyers that spoke with a Chinese accent but holding onto a […]<\/p>\n","protected":false},"author":1,"featured_media":2768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2767"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2767"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2767\/revisions"}],"predecessor-version":[{"id":2769,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2767\/revisions\/2769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2768"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2761,"date":"2023-02-11T02:26:26","date_gmt":"2023-02-11T02:26:26","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2761"},"modified":"2023-02-15T02:28:11","modified_gmt":"2023-02-15T02:28:11","slug":"2761-2","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/2761-2\/","title":{"rendered":"This will not be the last when a good school make a big shift from a prime area to a non mature location."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2762\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-300x143.jpeg\" alt=\"\" width=\"300\" height=\"143\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-300x143.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-1024x487.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-768x365.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-1261x600.jpeg 1261w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM-496x236.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.01.27-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/> <img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2763\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-211x300.jpeg\" alt=\"\" width=\"211\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-211x300.jpeg 211w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-721x1024.jpeg 721w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-768x1091.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-422x600.jpeg 422w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM-496x705.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-15-at-10.02.20-AM.jpeg 901w\" sizes=\"(max-width: 211px) 100vw, 211px\" \/><\/p>\n<p>This will not be the last when a good school make a big shift from a prime area to a non mature location.<\/p>\n<p>This news came to many with a lot of mixed reaction. While those who have bought Copen Grand EC will be happy with the sudden pleasant surprise, some parents who planned and bought properties way earlier for their kids in Bukit Timah Road will have to make second plans.<\/p>\n<p>Due to falling birth rates and changing demographics, we have seen many schools mergers, relocation and like in this case, changing from boys school to a coed school. Some of my friends\u2019 schools have also become non existent.<\/p>\n<p>Some of such schools site will then be left vacant and soon be converted for other usage, depending on the location\u2019s needs.<\/p>\n<p>The recent site at Toa Payoh near to Caldecott MRT will be used for residential purpose and we will soon be seeing more new private properties coming up in the Toa Payoh.<\/p>\n<p>While Minister Heng said that \u201cevery school, a good school\u201d, we can\u2019t deny the fact that parents will have their preferred schools for their children due to their opinions, be it for prestige, school history or culture.<\/p>\n<p>The 1km ruling also make it such that properties within a high demand primary school will continue to attract both families and investors to focus their attention into such properties.<\/p>\n<p>This shift could also mean that the Gov is serious about dispersing the concentration of popular schools in a competitive location. Who knows, maybe Nanyang Primary could be shifted out to Canberra new town over at Sembawang?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This will not be the last when a good school make a big shift from a prime area to a non mature location. This news came to many with a lot of mixed reaction. While those who have bought Copen Grand EC will be happy with the sudden pleasant surprise, some parents who planned and […]<\/p>\n","protected":false},"author":1,"featured_media":2762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2761"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2761"}],"version-history":[{"count":2,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2761\/revisions"}],"predecessor-version":[{"id":2765,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2761\/revisions\/2765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2762"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2758,"date":"2023-02-08T02:30:44","date_gmt":"2023-02-08T02:30:44","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2758"},"modified":"2023-02-08T02:30:44","modified_gmt":"2023-02-08T02:30:44","slug":"the-appeal-of-investing-in-overseas-properties-is-always-strong-especially-for-singaporeans-who-benefit-from-favorable-currency-exchange-rates","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-appeal-of-investing-in-overseas-properties-is-always-strong-especially-for-singaporeans-who-benefit-from-favorable-currency-exchange-rates\/","title":{"rendered":"The appeal of investing in overseas properties is always strong, especially for Singaporeans who benefit from favorable currency exchange rates."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2759\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM-300x104.jpeg\" alt=\"\" width=\"300\" height=\"104\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM-300x104.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM-1024x356.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM-768x267.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM-496x172.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-3.43.24-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The appeal of investing in overseas properties is always strong, especially for Singaporeans who benefit from favorable currency exchange rates.<\/p>\n<p>However, caution must be exercised when considering this type of investment. Just like with residential properties in Singapore, it’s crucial to have a deep understanding of the local rules and regulations before blindly entering the market.<\/p>\n<p>One of my main concerns when investing in Malaysia is its political stability. The current administration is pro-growth and aims to re-introduce initiatives to promote stronger economic cooperation between Malaysia and Singapore.<\/p>\n<p>However, elections are held every 4-6 years, and a new government or leader could put plans on pause.<\/p>\n<p>The High Speed Rail (HSR) project between Kuala Lumpur (KL) and Singapore was first announced in 2010, and at that time, the prospect of a train journey between the two cities instead of flying was very exciting.<\/p>\n<p>Property investments along the HSR stations, including Jurong East, started attracting more attention from investors. However, it’s now 2023 and the project is still in the air, with a delay of over 13 years. A kid would have completed his primary and secondary school studies.<\/p>\n<p>Some of my clients have invested in properties in Iskandar, with results depending on their timing of entry and exit. Some have made quick profits and sold, while others are holding on to their investments, adopting a “buy and pray” strategy in the hope that prices will shift back in their favor.<\/p>\n<p>It’s also important to keep in mind the currency exchange risk involved with overseas property investments. Eg, even if the property prices have increased, after taking into account the impact of currency exchange rates, you could still end up losing money.<\/p>\n<p>Investing in overseas properties requires a significant amount of research and due diligence, even in a small market like Singapore, let alone a larger country like Malaysia. That’s why I always advise clients to do your own due dilligence DYODD.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The appeal of investing in overseas properties is always strong, especially for Singaporeans who benefit from favorable currency exchange rates. However, caution must be exercised when considering this type of investment. Just like with residential properties in Singapore, it’s crucial to have a deep understanding of the local rules and regulations before blindly entering the […]<\/p>\n","protected":false},"author":1,"featured_media":2759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2758"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2758"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2758\/revisions"}],"predecessor-version":[{"id":2760,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2758\/revisions\/2760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2759"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2754,"date":"2023-02-06T03:45:38","date_gmt":"2023-02-06T03:45:38","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2754"},"modified":"2023-02-06T03:45:38","modified_gmt":"2023-02-06T03:45:38","slug":"the-continue-rise-of-private-properties-prices-comes-from-different-factors-these-are-just-some-of-them","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-continue-rise-of-private-properties-prices-comes-from-different-factors-these-are-just-some-of-them\/","title":{"rendered":"The continue rise of private properties prices comes from different factors. These are just some of them.."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2755\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-300x148.jpeg\" alt=\"\" width=\"300\" height=\"148\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-300x148.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-1024x506.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-768x380.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-1213x600.jpeg 1213w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM-496x245.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/02\/WhatsApp-Image-2023-02-06-at-11.32.31-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The continue rise of private properties prices comes from different factors. These are just some of them..<\/p>\n<p>1- Landlords choosing to continue to collect rental due to the good rental rate opportunities, instead of selling it.<\/p>\n<p>Eg. Average rental of 1 bedroom in Watertown Punggol has increased to 3500-3800 from 1 year ago 2500. Landlord who initially thought of cashing out the profits, decides to continue collect rental.<\/p>\n<p>2- Private properties owners who are choosing to sell private and buy hdb are held back by the 15 month wait out, resulting in lesser supply in the resale market.<\/p>\n<p>Eg. A family of 5 who wants to cash out profits from their previous private property purchase to buy back HDB for the bigger space are jam up by the 30 Sep measures.<\/p>\n<p>3- New home sales average price per squarefoot is much higher than resale average price per squarefoot, owners with stronger holding power may feel to continue asking for higher price<\/p>\n<p>Eg. An owner from 8 @ woodleigh sees that the new projects, Parc Colonial & Woodleigh Residences, nearby his property are trading at above $2000psf, he thinks that his property trading at $1500psf is underpriced, he wants to at least sell close to $1700-1800psf.<\/p>\n<p>4- Private owners who are still planning ahead to sell their condos while serving the waiting out period of 15 months, will factor in the rental costs.<\/p>\n<p>Eg. A private property owner can’t stand his neighbours causing nuisance decides to sell instead of rent, because of this new measures kicking in, he has to price his property higher by $85,000 to cover his expected rental of $5500 X 15 months.<\/p>\n<p>5- Rising interest rates & stricter loan requirements means that some private owners are either saving up more or just ask higher in terms of sale price to cover the funding of their next house.<\/p>\n<p>Eg. To purchase a $2m property and service the loan, a buyer has to fork out $5177 based on 1.5% interest rate for 30 years loan. But now, he has to service a $6989 EMI based on 3.8% for the same loan amount.<\/p>\n<p>His age 35, monthly income $12k. He used to be able to get max loan of $1.603m under the previous calculations. But currently, his max loan is at $1.382m. The shortfall means that he has to go for a lower priced property, save up more or increase his asking price of his current property.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The continue rise of private properties prices comes from different factors. These are just some of them.. 1- Landlords choosing to continue to collect rental due to the good rental rate opportunities, instead of selling it. Eg. Average rental of 1 bedroom in Watertown Punggol has increased to 3500-3800 from 1 year ago 2500. Landlord […]<\/p>\n","protected":false},"author":1,"featured_media":2755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2754"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2754"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2754\/revisions"}],"predecessor-version":[{"id":2756,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2754\/revisions\/2756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2755"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2750,"date":"2023-01-26T01:52:35","date_gmt":"2023-01-26T01:52:35","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2750"},"modified":"2023-01-26T01:52:35","modified_gmt":"2023-01-26T01:52:35","slug":"the-hdb-market-moving-forward-will-be-seeing-more-stable-prices-which-means-that-it-will-be-trading-around-at-most-0-5-1-growth","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-hdb-market-moving-forward-will-be-seeing-more-stable-prices-which-means-that-it-will-be-trading-around-at-most-0-5-1-growth\/","title":{"rendered":"The HDB market moving forward will be seeing more stable prices which means that it will be trading around at most 0.5-1% growth."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2751\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-274x300.jpeg\" alt=\"\" width=\"274\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-274x300.jpeg 274w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-936x1024.jpeg 936w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-768x840.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-548x600.jpeg 548w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM-496x543.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-26-at-9.50.24-AM.jpeg 1106w\" sizes=\"(max-width: 274px) 100vw, 274px\" \/><\/p>\n<p>The HDB market moving forward will be seeing more stable prices which means that it will be trading around at most 0.5-1% growth.<\/p>\n<p>And probably even may see a slight drop if the buyers demand suffer from external factors like unfortunate economic news<\/p>\n<p>The volume represents that the high demand is still supported partly from new citizens and 3 year old PRs.<\/p>\n<p>This group of buyers suffer from sudden high rents increase from landlords and will think that it will be more logical to start owning their hdb flats instead of renting.<\/p>\n<p>At the same time, record breaking prices for HDBs will become less occurring. Only rare HDBs in the market like maisonette or those that come with loft, or with exceptionally great view will still be able to command a premium.<\/p>\n<p>On the ground, I\u2019m seeing that more options available for buyers which means the average time on the listing market will be longer and testing the holding strength of sellers.<\/p>\n<p>For genuine sellers that have to sell no matter what, for example collecting keys to their BTOs\/ECs, they will have to lower down their expectations towards the deadline of sale.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The HDB market moving forward will be seeing more stable prices which means that it will be trading around at most 0.5-1% growth. And probably even may see a slight drop if the buyers demand suffer from external factors like unfortunate economic news The volume represents that the high demand is still supported partly from […]<\/p>\n","protected":false},"author":1,"featured_media":2751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2750"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2750"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2750\/revisions"}],"predecessor-version":[{"id":2752,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2750\/revisions\/2752"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2751"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2747,"date":"2023-01-20T01:48:05","date_gmt":"2023-01-20T01:48:05","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2747"},"modified":"2023-01-26T01:49:29","modified_gmt":"2023-01-26T01:49:29","slug":"i-went-to-check-out-this-transaction-from-squarefoot-a-data-research-company","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/i-went-to-check-out-this-transaction-from-squarefoot-a-data-research-company\/","title":{"rendered":"I went to check out this transaction from squarefoot, a data research company."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2748\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-300x191.jpeg\" alt=\"\" width=\"300\" height=\"191\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-300x191.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-1024x653.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-768x490.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-941x600.jpeg 941w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM-496x316.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-20-at-11.10.15-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>I went to check out this transaction from squarefoot, a data research company.<\/p>\n<p>This particular unit was bought in year of 2019 at $10.32m and was sold recently at Dec 2022 at $13.78m<\/p>\n<p>Firstly, this project is already an art piece of its own, CDL the developer sold 20 units on its first day of launch. And I still remember that the sale was really made through private invitation only.<\/p>\n<p>Meaning, not any average Joe is even able to walk into the showflat to visit without the approval of the developer.<\/p>\n<p>Fast forward till today, only 3 units have changed hands, and all 3 units have made almost $3m or more.<\/p>\n<p>All units have already been sold off by the developer and as of now, 50% of the 154 units are all own by foreigners, with around 25% each own by Singaporean and PR.<\/p>\n<p>All I can say is, the rich truly gets richer, making $1m per year just by owning a piece of rare trophy property collection.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I went to check out this transaction from squarefoot, a data research company. This particular unit was bought in year of 2019 at $10.32m and was sold recently at Dec 2022 at $13.78m Firstly, this project is already an art piece of its own, CDL the developer sold 20 units on its first day of […]<\/p>\n","protected":false},"author":1,"featured_media":2748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2747"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2747"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2747\/revisions"}],"predecessor-version":[{"id":2749,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2747\/revisions\/2749"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2748"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2743,"date":"2023-01-18T08:27:54","date_gmt":"2023-01-18T08:27:54","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2743"},"modified":"2023-01-18T08:27:54","modified_gmt":"2023-01-18T08:27:54","slug":"the-hdb-upgraders-is-a-market-segment-that-i-serve-the-most-i-understand-the-frustrations-and-hurdles-they-have-to-overcome-in-order-to-upgrade-into-their-dream-home","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-hdb-upgraders-is-a-market-segment-that-i-serve-the-most-i-understand-the-frustrations-and-hurdles-they-have-to-overcome-in-order-to-upgrade-into-their-dream-home\/","title":{"rendered":"The hdb upgraders is a market segment that I serve the most. I understand the frustrations and hurdles they have to overcome in order to upgrade into their dream home."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2744\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-226x300.jpeg\" alt=\"\" width=\"226\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-226x300.jpeg 226w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-772x1024.jpeg 772w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-768x1019.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-452x600.jpeg 452w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM-496x658.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-17-at-3.28.12-PM.jpeg 965w\" sizes=\"(max-width: 226px) 100vw, 226px\" \/><\/p>\n<p>The hdb upgraders is a market segment that I serve the most. I understand the frustrations and hurdles they have to overcome in order to upgrade into their dream home.<\/p>\n<p>I can already see that many of them have already been priced out of the mass market condo. It\u2019s simple maths.<\/p>\n<p>The potential gain that they have achieved from the sale of their BTO HDB is not enough to form the downpayment that they will need for a proper sized 3 or 4 bedroom condo.<\/p>\n<p>Typically for a family of 4, they will need at least a 950sqft 3 bedroom to stay in comfortably. And depending on which schools that they are going for. Or near parents for the social support.<\/p>\n<p>If we take a look at the recently TOP or going to TOP projects like Parc Esta, Parc Colonial. The entry price of a 3 bedroom is easily close to $2m.<\/p>\n<p>Which means to have the 25% and the 4% stamp duty will be close to $600k. It can paid using cash or Cpf.<\/p>\n<p>If the family doesn\u2019t have additional savings by the side, it will be difficult to even think about it.<\/p>\n<p>The next best alternative will then be the older resale condos or simply just a bigger size hdb, example sell 4rm and buy 5rm\/Exec<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The hdb upgraders is a market segment that I serve the most. I understand the frustrations and hurdles they have to overcome in order to upgrade into their dream home. I can already see that many of them have already been priced out of the mass market condo. It\u2019s simple maths. The potential gain that […]<\/p>\n","protected":false},"author":1,"featured_media":2744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2743"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2743"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2743\/revisions"}],"predecessor-version":[{"id":2745,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2743\/revisions\/2745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2744"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2738,"date":"2023-01-10T06:59:04","date_gmt":"2023-01-10T06:59:04","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2738"},"modified":"2023-01-10T07:08:11","modified_gmt":"2023-01-10T07:08:11","slug":"2738-2","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/2738-2\/","title":{"rendered":"The increased in volume of Dec can be interpreted as the buyers slowly returning back into the resale market after the 30 Sep cooling measures."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2739\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-300x187.jpeg\" alt=\"\" width=\"300\" height=\"187\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-300x187.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-1024x637.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-768x478.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-965x600.jpeg 965w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM-496x308.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-10-at-2.55.12-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The increased in volume of Dec can be interpreted as the buyers slowly returning back into the resale market after the 30 Sep cooling measures.<\/p>\n<p>The prices have not moved downwards in general, but only inched up 0.2%, which also means that sellers that are aiming to break the previous record high will be facing resistance.<\/p>\n<p>The Hdb has also announced its strong commitment to make sure applicants of BTO will be able to get their units with shorter waiting time, as compared to up to 7 years for some previous projects.<\/p>\n<p>Which means that buyers who are ok to wait will be taken out from the resale market.<\/p>\n<p>The upcoming Feb Bto features very strong located hdbs in Queenstown, Kallang\/Whampoa which will definitely see high application rates.<\/p>\n<p>Moving into 2023, buyers who are still sitting on the fence about hdb prices dropping should note that, personally I think the prices will only slowly stabilized but not drop significantly.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The increased in volume of Dec can be interpreted as the buyers slowly returning back into the resale market after the 30 Sep cooling measures. The prices have not moved downwards in general, but only inched up 0.2%, which also means that sellers that are aiming to break the previous record high will be facing […]<\/p>\n","protected":false},"author":1,"featured_media":2739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2738"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2738"}],"version-history":[{"count":2,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2738\/revisions"}],"predecessor-version":[{"id":2742,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2738\/revisions\/2742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2739"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2735,"date":"2023-01-05T01:54:59","date_gmt":"2023-01-05T01:54:59","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2735"},"modified":"2023-01-04T01:59:44","modified_gmt":"2023-01-04T01:59:44","slug":"developers-sales-for-the-week-of-26-dec-2022-01-jan-2023-were-42-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/developers-sales-for-the-week-of-26-dec-2022-01-jan-2023-were-42-units\/","title":{"rendered":"Developers\u2019 sales for the week of 26 Dec 2022 \u2013 01 Jan 2023 were 42 units"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2736\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-300x170.jpeg\" alt=\"\" width=\"300\" height=\"170\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-300x170.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-1024x580.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-768x435.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-1059x600.jpeg 1059w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM-496x281.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-04-at-9.56.38-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Developers\u2019 sales for the week of 26 Dec 2022 \u2013 01 Jan 2023 were 42 units<\/p>\n<p>The CCR accounted for 40.5% while the RCR and OCR made up 35.7% and 23.8%<\/p>\n<p>The top-selling project in the CCR is Perfect Ten, followed by Rivi\u00e8re in the RCR, and EC – Tenet in the OCR<\/p>\n<p>URA\u2019s flash estimates showed that prices were stable, growing by 0.2% in 4Q 2022<\/p>\n<p>There was no new launches with benchmark prices in 4Q 2022 and sales volume were lower by almost 50% quarter-on-quarter, leading to stable prices<\/p>\n<p>Prices in the OCR declined by 2.6% as demand in this segment of the market is more sensitive to interest rates and HDB upgraders<\/p>\n<p>The higher interest rate is affecting the demand from price sensitive buyers as their ability to borrow is crimped<\/p>\n<p>At the same time, prices in the HDB resale market is also slowing down and that reduced some of the liquidity for HDB upgraders<\/p>\n<p>For the full year, developer sales are unlikely to exceed 7,300 units<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developers\u2019 sales for the week of 26 Dec 2022 \u2013 01 Jan 2023 were 42 units The CCR accounted for 40.5% while the RCR and OCR made up 35.7% and 23.8% The top-selling project in the CCR is Perfect Ten, followed by Rivi\u00e8re in the RCR, and EC – Tenet in the OCR URA\u2019s flash […]<\/p>\n","protected":false},"author":1,"featured_media":2736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2735"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2735"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2735\/revisions"}],"predecessor-version":[{"id":2737,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2735\/revisions\/2737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2736"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2732,"date":"2023-01-04T01:54:44","date_gmt":"2023-01-04T01:54:44","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2732"},"modified":"2023-01-04T01:54:44","modified_gmt":"2023-01-04T01:54:44","slug":"in-fact-a-client-whos-been-renting-for-the-past-3-years-called-me-immediately-after-seeing-this-news","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/in-fact-a-client-whos-been-renting-for-the-past-3-years-called-me-immediately-after-seeing-this-news\/","title":{"rendered":"In fact, a client who’s been renting for the past 3 years called me immediately after seeing this news."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2733\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-300x262.jpeg\" alt=\"\" width=\"300\" height=\"262\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-300x262.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-1024x893.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-768x670.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-688x600.jpeg 688w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM-496x432.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2023\/01\/WhatsApp-Image-2023-01-03-at-11.21.54-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>In fact, a client who’s been renting for the past 3 years called me immediately after seeing this news.<\/p>\n<p>Why is this as such?<\/p>\n<p>As mentioned already in the article, the current market is still facing low supply with many projects selling fast.<\/p>\n<p>The most recent projects like Lentor Modern, Sky Eden and AMO have clearly shown the buying strength from the ground. Outside Core Region OCR projects transacting more than $2000psf, truly amazing.<\/p>\n<p>As we are opening up quickly after covid, a surge of incoming rental demand comes in strongly. Plus the fact that many local families are still not yet collected their keys to their houses that have been delayed by the late construction.<\/p>\n<p>2023 however, I believe will be a year where sellers will start to face resistance where the buying momentum would not be as strong as compared to 2021\/22.<\/p>\n<p>On the ground right now, I am already seeing more realistic priced listings that remain unsold after 1 month.<\/p>\n<p>Sellers who are still aiming to beat the record high will need to adjust their expectations moving into an uncertain new year.<\/p>\n<p>The prices will remain higher as compared to 2019, 2020 but may face challenges breaking the high of 2021, 2022. (If that makes any sense..)<\/p>\n<p>So the tenant was worried about his next move, he has clearly priced out of the market. He has sold his condo in year 2019 and think that the market will correct itself.<\/p>\n<p>Covid came, there was indeed a slight dip in price, he believed that prices would go even lower. Plus he was busy with coping the new norm at work.<\/p>\n<p>The sad thing is that the funds that he got after selling his house in 2019 would have able to get him a decent 3 bedroom condo back then.<\/p>\n<p>Now, his options are really old condos for the 3 bedrooms option or HDBs.<\/p>\n<p>For property that are for own stay purpose, it is risky to time the market. He has incurred rental loss for 3 years and plus the fact that now he can only buy back a smaller unit with the same amount of money or a HDB.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In fact, a client who’s been renting for the past 3 years called me immediately after seeing this news. Why is this as such? As mentioned already in the article, the current market is still facing low supply with many projects selling fast. The most recent projects like Lentor Modern, Sky Eden and AMO have […]<\/p>\n","protected":false},"author":1,"featured_media":2733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2732"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2732"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2732\/revisions"}],"predecessor-version":[{"id":2734,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2732\/revisions\/2734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2733"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2725,"date":"2022-12-29T08:02:46","date_gmt":"2022-12-29T08:02:46","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2725"},"modified":"2022-12-29T08:02:46","modified_gmt":"2022-12-29T08:02:46","slug":"for-the-year-of-2023-new-projects-launches","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/for-the-year-of-2023-new-projects-launches\/","title":{"rendered":"For the year of 2023 new projects launches"},"content":{"rendered":"<p> <\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2726\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-300x173.jpeg\" alt=\"\" width=\"300\" height=\"173\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-300x173.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-1024x590.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-768x442.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-1042x600.jpeg 1042w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM-496x286.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-28-at-5.10.17-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>, the main action will be mainly at the city fringe areas, especially in district 05\/21\/23, south western part of Singapore and district 15, east coast area.<\/p>\n<p>There are many units coming up for sale during the first half of the 2023 and buyers who are waiting for good options in the market will look forward to these launches.<\/p>\n<p>These projects will be falling under Rest of Central Region RCR. With the current low supply situation, they will be expected to be well received by buyers who are anticipating for them.<\/p>\n<p>The percentage change by region has also clearly indicated that the core central region CCR has grown at a much slower pace of 14.6% as compared to the OCR and RCR, at 44.6% and 43.7% respectively.<\/p>\n<p>2023 will be an interesting year to watch, as the prices will be testing another record high and yet at the same time, the underlying demand remains strong.<\/p>\n<p>With record price happening at Sky Eden, AMO residences and Lentor Modern, all OCR projects, transacting above $2000psf, the market attention will be shifted the better alternatives such as freehold projects that are undervalued or better located projects that are just selling slightly above $2000psf.<\/p>\n<p>In every market, there will be market gaps, property is not as tradable as compared to stocks & shares, which makes it harder to buy\/sell within a click of a button. Which means that there will be opportunities to those who know and where to find around.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>  , the main action will be mainly at the city fringe areas, especially in district 05\/21\/23, south western part of Singapore and district 15, east coast area. There are many units coming up for sale during the first half of the 2023 and buyers who are waiting for good options in the market will […]<\/p>\n","protected":false},"author":1,"featured_media":2726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2725"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2725"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2725\/revisions"}],"predecessor-version":[{"id":2727,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2725\/revisions\/2727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2726"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2714,"date":"2022-12-25T04:28:56","date_gmt":"2022-12-25T04:28:56","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2714"},"modified":"2023-01-04T02:00:25","modified_gmt":"2023-01-04T02:00:25","slug":"the-issue-about-enbloc-is-that-developers-are-finding-it-more-challenging-as-compared-to-buying-through-government-land-sales","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-issue-about-enbloc-is-that-developers-are-finding-it-more-challenging-as-compared-to-buying-through-government-land-sales\/","title":{"rendered":"The issue about enbloc is that, developers are finding it more challenging as compared to buying through Government Land Sales"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2715\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-187x300.jpeg\" alt=\"\" width=\"187\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-187x300.jpeg 187w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-639x1024.jpeg 639w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-768x1230.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-375x600.jpeg 375w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM-496x795.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-23-at-12.24.51-PM.jpeg 799w\" sizes=\"(max-width: 187px) 100vw, 187px\" \/><\/p>\n<p>The issue about enbloc is that, developers are finding it more challenging as compared to buying through Government Land Sales<\/p>\n<p>As the current number of 2022 transactions stands, it is still pale in comparison with the vibrant enbloc activity that taken place during the 2017\/18 period where land hungry developers start bidding aggressively for land.<\/p>\n<p>The previous round of enbloc activities also set the stage of the current prices that we are seeing right now in the market where record breaking projects selling out eventually.<\/p>\n<p>Projects like Florence Residences, Affinity at Serangoon, Kent Ridge Hill Residences, Riversound Residences, Jadescape and more, these are all previous enbloc sites that developers have bought at the previous round of enbloc cycle.<\/p>\n<p>Looking at the current low supply in the resale market of district 20 where Jadescape is, there are already profitable sub sales happening. The first batch of owners who bought it despite the high launching price back are sitting on good capital gains.<\/p>\n<p>With the new regulations introduced in place, the developers will need to weigh their risks carefully, and also monitor the market sentiments before buying over an enbloc project.<\/p>\n<p>Land hungry developers will choose to look at sites that much smaller and that they are confident to build, compete and sell within the 5 years period.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The issue about enbloc is that, developers are finding it more challenging as compared to buying through Government Land Sales As the current number of 2022 transactions stands, it is still pale in comparison with the vibrant enbloc activity that taken place during the 2017\/18 period where land hungry developers start bidding aggressively for land. […]<\/p>\n","protected":false},"author":1,"featured_media":2715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2714"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2714"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2714\/revisions"}],"predecessor-version":[{"id":2716,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2714\/revisions\/2716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2715"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2711,"date":"2022-12-23T04:20:44","date_gmt":"2022-12-23T04:20:44","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2711"},"modified":"2022-12-23T04:20:44","modified_gmt":"2022-12-23T04:20:44","slug":"lets-explore-deeper-into-the-supply-and-demand-side-of-things-to-understand-whats-happening","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/lets-explore-deeper-into-the-supply-and-demand-side-of-things-to-understand-whats-happening\/","title":{"rendered":"Let\u2019s explore deeper into the supply and demand side of things to understand what\u2019s happening."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2712\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-300x209.jpeg\" alt=\"\" width=\"300\" height=\"209\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-300x209.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-1024x714.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-768x535.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-861x600.jpeg 861w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM-496x346.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-19-at-3.25.45-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Let\u2019s explore deeper into the supply and demand side of things to understand what\u2019s happening.<\/p>\n<p>Some condo owners are no longer able to shift back to hdb because of the new policy in place. They have to set a higher budget for moving into another condo.<\/p>\n<p>Just to share a recent case of mine. A family of 3 recently expecting another new family member coming. They are currently staying in a 2 bedroom condo.<\/p>\n<p>They have plans initially to sell off their condo and shift to a bigger hdb flat. However because of the recent measure, they have no choice but to look for a 3bedroom condo.<\/p>\n<p>Because of this, they want to set their exit price higher so that to cover the costs of moving to 3 bedroom condo.<\/p>\n<p>Another case study, a retiree wanted to cash out his investment condo so that he can start exploring to buy a 1 bedroom for his son. After exploring around the market, he couldn\u2019t find anything that suits his requirements and budget.<\/p>\n<p>At the same time, the current tenant wishes to renew the rental lease. After checking around, the rental has jumped from $2800 to $3700, he happily accepted to renew and chose to delay his plan for his son condo purchase.<\/p>\n<p>If the supply of private continues to be low, then the real genuine buyers who have to buy will have no choice but to accept the asking that the sellers are calling at. But of course until a certain extent which they can afford to do so at.<\/p>\n<p>The overall volume has decreased further, showing that the buying power of buyers has slowly losing its steam. Either because of the high interest rates or concerns of potential recession. Or simply being priced out of the market.<\/p>\n<p>If all things remain the same, 2023 will most likely be a price stagnant market, with a much slower price growth. Prices are unlikely to drop because of the still strong underlying demand in the market<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s explore deeper into the supply and demand side of things to understand what\u2019s happening. Some condo owners are no longer able to shift back to hdb because of the new policy in place. They have to set a higher budget for moving into another condo. Just to share a recent case of mine. A […]<\/p>\n","protected":false},"author":1,"featured_media":2712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2711"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2711"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2711\/revisions"}],"predecessor-version":[{"id":2713,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2711\/revisions\/2713"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2712"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2707,"date":"2022-12-19T07:19:23","date_gmt":"2022-12-19T07:19:23","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2707"},"modified":"2022-12-19T07:19:23","modified_gmt":"2022-12-19T07:19:23","slug":"while-having-anchor-tenants-brings-about-a-strong-sense-of-assurance-the-move-of-such-tenants-will-shake-confidence-of-both-the-landlord-and-the-accompanying-tenants","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/while-having-anchor-tenants-brings-about-a-strong-sense-of-assurance-the-move-of-such-tenants-will-shake-confidence-of-both-the-landlord-and-the-accompanying-tenants\/","title":{"rendered":"While having anchor tenants brings about a strong sense of assurance, the move of such tenants will shake confidence of both the landlord and the accompanying tenants."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2708\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-300x238.jpeg\" alt=\"\" width=\"300\" height=\"238\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-300x238.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-1024x813.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-768x610.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-756x600.jpeg 756w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM-496x394.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-16-at-10.50.12-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>While having anchor tenants brings about a strong sense of assurance, the move of such tenants will shake confidence of both the landlord and the accompanying tenants.<\/p>\n<p>If you have realized, every time a brand new office tower or brand new mall starts to reach its completion, landlords will rush to secure an appealing anchor tenants.<\/p>\n<p>Anchor tenants usually are the big players in the market that will take up much bigger space.<\/p>\n<p>For office, they will usually take up the entire floor level, sometimes a few floors at a go. Typically the banks, insurance companies, tech firms are the ones that will negotiate for a longer lease term at attractive rates.<\/p>\n<p>For shopping malls, they are your supermarkets, departmental stores, food courts and cinemas.<\/p>\n<p>It\u2019s also beneficial for them to account for their fixed costs of running their business and being able to project how much sales volume and profit margin they are able to generate over the next 5 to 10 years.<\/p>\n<p>Personally, I do not share the same level of optimism towards retail space with the obvious reasons of consumer behaviors shifting towards online spending. Stores that are just plain selling physical products will be struggling to survive.<\/p>\n<p>The only players that are doing well are focusing on things that can\u2019t be replicate online, for example experiential based activities, wine & dine with friends. After the covid, most of us realize that social interactions are still important.<\/p>\n<p>With some of the poor performing & low footfall malls converting into mixed use residential and commercial, like Jcube and Bedok Square, it goes to show that there is limited upside in this segment.<\/p>\n<p>For us individuals investors, if we are venturing into the commercial space be it office or retail space, as usual, we have to do our own due diligence properly to assess whether or not this particular investment is truly worthy.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While having anchor tenants brings about a strong sense of assurance, the move of such tenants will shake confidence of both the landlord and the accompanying tenants. If you have realized, every time a brand new office tower or brand new mall starts to reach its completion, landlords will rush to secure an appealing anchor […]<\/p>\n","protected":false},"author":1,"featured_media":2708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2707"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2707"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2707\/revisions"}],"predecessor-version":[{"id":2709,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2707\/revisions\/2709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2708"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2704,"date":"2022-12-14T02:11:21","date_gmt":"2022-12-14T02:11:21","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2704"},"modified":"2022-12-14T02:11:21","modified_gmt":"2022-12-14T02:11:21","slug":"what-does-the-low-market-supply-means-for-us-as-homebuyers-in-2023","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/what-does-the-low-market-supply-means-for-us-as-homebuyers-in-2023\/","title":{"rendered":"What does the low market supply means for us as homebuyers in 2023?"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2705\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-300x205.jpeg\" alt=\"\" width=\"300\" height=\"205\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-300x205.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-1024x701.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-768x526.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-877x600.jpeg 877w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM-496x339.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-14-at-10.00.52-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>What does the low market supply means for us as homebuyers in 2023?<\/p>\n<p>Despite the 2 rounds of cooling measures implemented for the past 1 year, the housing market remains resilent and showing no signs of dropping.<\/p>\n<p>The total number of unsold units have also dropped to 15 year low, which means that buyers who are looking out for new homes in the market will be facing very limited options.<\/p>\n<p>As the sales take up rate is ongoing steadily, the developers are not likely to reduce price to clear the existing stock.<\/p>\n<p>As long as they are confident of meeting the 5 years deadline, there is no pressure to introduce additional promotions or huge discounts.<\/p>\n<p>Looking foward in 2023, there will be a larger supply coming into the market with new units coming up mainly in district 15 and south western part of Singapore.<\/p>\n<p>This will definitely by welcome by homebuyers in a low supply environment, which means that they will have more options to choose from.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What does the low market supply means for us as homebuyers in 2023? Despite the 2 rounds of cooling measures implemented for the past 1 year, the housing market remains resilent and showing no signs of dropping. The total number of unsold units have also dropped to 15 year low, which means that buyers who […]<\/p>\n","protected":false},"author":1,"featured_media":2705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2704"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2704"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2704\/revisions"}],"predecessor-version":[{"id":2706,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2704\/revisions\/2706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2705"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2701,"date":"2022-12-10T02:35:38","date_gmt":"2022-12-10T02:35:38","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2701"},"modified":"2022-12-09T02:38:21","modified_gmt":"2022-12-09T02:38:21","slug":"what-is-annual-value-and-how-this-news-will-affect-you","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/what-is-annual-value-and-how-this-news-will-affect-you\/","title":{"rendered":"What is annual value and how this news will affect you?"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2702\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-300x186.jpeg\" alt=\"\" width=\"300\" height=\"186\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-300x186.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-1024x635.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-768x476.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-967x600.jpeg 967w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM-496x308.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.58.34-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>What is annual value and how this news will affect you?<\/p>\n<p>In short, according to IRAS website, the property annual value is an \u201cestimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees\u201d<\/p>\n<p>What it means that if you have bought a $1.5m property and got a monthly rental of $5000, the annual value of the house theoretically should be at $60,000.<\/p>\n<p>This will be how it looks like broken down in the calculations<br \/>\nNon-Owner occupier rate based on $60,000 annual value<\/p>\n<p>Year 2022: ($30,000 X 10%) + ($15,000 x 12%) + ($15,000 x 14%) = $6,900<\/p>\n<p>Year 2023: ($30,000 x 11%) + ($15,000 x 16%) + ($15,000 X 16%) = $8,850<\/p>\n<p>Year 2024: ($30,000 x 12%) + ($6,000 x 20%) + ($15,000 X 28%) = $10,800<\/p>\n<p>This calculation is only for properties that are rented out.<\/p>\n<p>For owner occupied properties, the changes is not as significant except for high end and luxury segment, so for purpose of discussion, I will be covering mainly about rental properties.<\/p>\n<p>How these latest announcements affect you as an investor?<\/p>\n<p>The higher property tax rates was first announced in the budget during 18 February 2022.<\/p>\n<p>There is a growing concern on the rich grabbing up more properties and hot money coming into Singapore driving up the property prices.<\/p>\n<p>The changes in the property tax calculation is being used as a means to collect more taxes to distribute to the lower income households, in some sense, some analysts called this a form of wealth tax.<\/p>\n<p>Indeed, the majority of single property HDB owners will not be very much impacted by the changes. This is because that the annual value largely remains unchanged for majority of the HDBs as well.<\/p>\n<p>Since Q3 2020 leading up till now, the rental market has been increasing in an alarming rate.<\/p>\n<p>And it doesn\u2019t come as a surprise that the annual value of all properties will be increased in the year 2023.<\/p>\n<p>Because as the IRAS has clearly stated that the annual value is derived based on the estimated gross annual value of the rent.<\/p>\n<p>However in actual fact, most of the time, I spoke with the property owners, I understand that the annual value is lower than the actual rental amount that they got.<\/p>\n<p>So how do you find out the actual annual value?<\/p>\n<p>You can buy the information from IRAS as long as you have the full address of the property.<\/p>\n<p>Or if you\u2019re planning to buy a property purely for investment purpose and worried that the annual value may be too high, this is one of the way you can check.<\/p>\n<p>Link as below:<br \/>\nhttps:\/\/www.iras.gov.sg\/taxes\/property-tax\/property-professionals\/real-estate-housing-agents\/find-out-annual-values<\/p>\n<p>For owners who are already owning rental properties or owner occupiers staying in high end luxury properties, the property tax increase is a testament that the Gov will find means and ways to increase their tax revenue from the privileged and upper class.<\/p>\n<p>On behalf of the rest of the population, I would like to thank you for your contribution towards nation building.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is annual value and how this news will affect you? In short, according to IRAS website, the property annual value is an \u201cestimated gross annual rent of the property if it were to be rented out, excluding furniture, furnishings and maintenance fees\u201d What it means that if you have bought a $1.5m property and […]<\/p>\n","protected":false},"author":1,"featured_media":2702,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2701"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2701"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2701\/revisions"}],"predecessor-version":[{"id":2703,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2701\/revisions\/2703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2702"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2698,"date":"2022-12-09T02:00:29","date_gmt":"2022-12-09T02:00:29","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2698"},"modified":"2022-12-09T02:35:20","modified_gmt":"2022-12-09T02:35:20","slug":"at-a-recent-wedding-event-i-was-seated-beside-a-young-gentleman-talking-about-him-trying-for-bto-for-more-than-5-times-but-still-unable-to-get-his-choice-unit","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/at-a-recent-wedding-event-i-was-seated-beside-a-young-gentleman-talking-about-him-trying-for-bto-for-more-than-5-times-but-still-unable-to-get-his-choice-unit\/","title":{"rendered":"At a recent wedding event, I was seated beside a young gentleman talking about him trying for BTO for more than 5 times but still unable to get his choice unit."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2699\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-243x300.jpeg\" alt=\"\" width=\"243\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-243x300.jpeg 243w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-828x1024.jpeg 828w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-768x950.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-485x600.jpeg 485w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM-496x613.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-08-at-3.38.36-PM.jpeg 972w\" sizes=\"(max-width: 243px) 100vw, 243px\" \/><\/p>\n<p>At a recent wedding event, I was seated beside a young gentleman talking about him trying for BTO for more than 5 times but still unable to get his choice unit.<\/p>\n<p>Upon knowing that I\u2019m in the real estate field, he began asking a lot of questions and questioning the price movements of property market.<\/p>\n<p>He became very curious about what he should do and why the property market behaves as such.<\/p>\n<p>Firstly, let\u2019s address the main reason he\u2019s unable to get his bto. It is because he is only aiming the prime estates which are very high in terms of competition in the first place.<\/p>\n<p>The BTO only comes every quarterly and so if he misses the current one, he & his girlfriend have no choice but to wait another 3 months for the next BTO opening.<\/p>\n<p>They are at their late 20s, which I think that it\u2019s still ok for them to keep trying.<\/p>\n<p>Let\u2019s say that they have finally manage to get their BTO, it will probably take 3-4 years for the building to be completed.<\/p>\n<p>And then subsequently, another 5 more years for the minimum occupation period MOP, before they are able to sell away their HDB.<\/p>\n<p>And of course 10 more years, if they choose to go for the Prime Location Housing (PLH) HDBs.<\/p>\n<p>Now, the main purpose of getting BTO is taking advantage of the lower priced option that every Singaporean has.<\/p>\n<p>Given their current financial situation, they have to settle for a more far off location if they want to go for a resale HDB.<\/p>\n<p>Both of their parents are living in prime areas. It makes no sense for them to do that.<\/p>\n<p>It\u2019s their aim to stay near parents so that they have the social support needed when they start to have children of their own.<\/p>\n<p>The next question he asks is that how long more should he try before he should give up. To which I have no clear answer to it.<\/p>\n<p>Because at the end of the day, it\u2019s all about balloting luck. Some people are successful at their first try and are able to get what they want. Probably they have done a lot of good deeds in their previous lives. Some can\u2019t even get a queue number and just have to keep trying until they get it or give up.<\/p>\n<p>The housing issue is a thorny one with no clear answer, the Gov cannot rush to flood the market by releasing too many housing sites out to fulfill the demand, as that will cause a sudden surge of builders\u2019 competition for labour and materials resources.<\/p>\n<p>And of course, the resale hdb market will be severely affected if there is a sudden oversupply in the market.<\/p>\n<p>Not forgetting, when this large batch of HDB MOP in the future, the same thing is going to be happening with oversupply issue.<\/p>\n<p>Right now, the same kind of advice I\u2019m sharing with him and more potential readers out there is that, if you want to quickly settle and get a BTO, you have to accept going for non-mature estates where competition is lower.<\/p>\n<p>If your intention is to reap the most profits out of the BTO, then you may have to consider, at what cost?<\/p>\n<p>Delaying your family plans, being stuck with staying with your parents?<\/p>\n<p>There are more factors for housing to think about and strike a good balance.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a recent wedding event, I was seated beside a young gentleman talking about him trying for BTO for more than 5 times but still unable to get his choice unit. Upon knowing that I\u2019m in the real estate field, he began asking a lot of questions and questioning the price movements of property market. […]<\/p>\n","protected":false},"author":1,"featured_media":2699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2698"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2698"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2698\/revisions"}],"predecessor-version":[{"id":2700,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2698\/revisions\/2700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2699"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2694,"date":"2022-12-08T07:50:02","date_gmt":"2022-12-08T07:50:02","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2694"},"modified":"2022-12-08T07:50:02","modified_gmt":"2022-12-08T07:50:02","slug":"for-many-who-are-familiar-with-punggol-will-know-that-the-development-is-far-from-complete","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/for-many-who-are-familiar-with-punggol-will-know-that-the-development-is-far-from-complete\/","title":{"rendered":"For many who are familiar with Punggol will know that the development is far from complete."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2695\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-1-300x254.jpeg\" alt=\"\" width=\"300\" height=\"254\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-1-300x254.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-1-496x419.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-1.jpeg 641w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/> <img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2696\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-300x252.jpeg\" alt=\"\" width=\"300\" height=\"252\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-300x252.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM-496x417.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/12\/WhatsApp-Image-2022-12-02-at-10.19.36-AM.jpeg 645w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>For many who are familiar with Punggol will know that the development is far from complete.<\/p>\n<p>There are still many plots of vacant lands towards the Punggol North where SIT university and digital district will be sitting.<\/p>\n<p>Not forgetting the Punggol East where there will be easily 5-7 more estates that will be coming progessively over the years.<\/p>\n<p>The addition of this commercial office and retail space looks to me as a very small single tower, perhaps to house some gov functions to oversee the support of the nearby digital district.<\/p>\n<p>The nearest plot of pure commercial land in the North East region, shown in dark blue color in the URA space, will be located next to Serangoon MRT.<\/p>\n<p>Currently the large space has been used to build showflats of nearby property launches. But yet so far, there is little news about when and what is going to be coming up.<\/p>\n<p>Perhaps more future developments will be announced only after the Hougang MRT interchange has become operational when the Cross Island Line is completed and more population are living in the North East region.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For many who are familiar with Punggol will know that the development is far from complete. There are still many plots of vacant lands towards the Punggol North where SIT university and digital district will be sitting. Not forgetting the Punggol East where there will be easily 5-7 more estates that will be coming progessively […]<\/p>\n","protected":false},"author":1,"featured_media":2695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2694"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2694"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2694\/revisions"}],"predecessor-version":[{"id":2697,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2694\/revisions\/2697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2695"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2691,"date":"2022-11-29T02:52:14","date_gmt":"2022-11-29T02:52:14","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2691"},"modified":"2022-11-29T02:52:14","modified_gmt":"2022-11-29T02:52:14","slug":"the-success-of-copen-grand-does-not-come-as-a-surprise","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-success-of-copen-grand-does-not-come-as-a-surprise\/","title":{"rendered":"The success of Copen Grand does not come as a surprise."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2692\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-300x228.jpeg\" alt=\"\" width=\"300\" height=\"228\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-300x228.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-1024x778.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-768x583.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-790x600.jpeg 790w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-120x90.jpeg 120w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM-496x377.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-29-at-10.42.37-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The success of Copen Grand does not come as a surprise.<\/p>\n<p>Firstly, there is a pent up demand in the vicinity of Jurong, Bukit Batok and Choa Chu Kang vicinity, having the last batch of ECs, Inz, Sol Acres and Wandervale already TOP more than 3 years ago.<\/p>\n<p>There is a lack of EC in the western region for quite a while. The new record price $psf of $1300psf for an EC in the new Tengah town will set the stage for the future homebuyers and nearby resale condos.<\/p>\n<p>Next, the mega development of the Tengah new town also means that there will be many of infrastructure improvements that will bring about greater convenience and livability.<\/p>\n<p>Being the first EC located within Tengah, many homebuyers appreciate the strong location of the project, within walking distance of 3 future MRT stations, the future ECs that are launching in Tengah most likely won’t have this kind of advantage.<\/p>\n<p>There will be a high flow over of buyers into the next EC that’s coming up in Q2 2023, Bukit Batok West Avenue 8 that is developed by Qingjian, which is located approximately 1km away from Copen Grand.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The success of Copen Grand does not come as a surprise. Firstly, there is a pent up demand in the vicinity of Jurong, Bukit Batok and Choa Chu Kang vicinity, having the last batch of ECs, Inz, Sol Acres and Wandervale already TOP more than 3 years ago. There is a lack of EC in […]<\/p>\n","protected":false},"author":1,"featured_media":2692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2691"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2691"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2691\/revisions"}],"predecessor-version":[{"id":2693,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2691\/revisions\/2693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2692"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2688,"date":"2022-11-28T03:02:44","date_gmt":"2022-11-28T03:02:44","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2688"},"modified":"2022-11-28T03:02:44","modified_gmt":"2022-11-28T03:02:44","slug":"the-three-sites-being-put-up-signals-the-demand-in-the-outside-core-central-region-will-remain-strong-in-the-near-term","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-three-sites-being-put-up-signals-the-demand-in-the-outside-core-central-region-will-remain-strong-in-the-near-term\/","title":{"rendered":"The three sites being put up signals the demand in the outside core central region will remain strong in the near term."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2689\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-300x217.jpeg\" alt=\"\" width=\"300\" height=\"217\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-300x217.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-1024x739.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-768x554.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-831x600.jpeg 831w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM-496x358.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-28-at-10.55.30-AM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The three sites being put up signals the demand in the outside core central region will remain strong in the near term.<\/p>\n<p>With many upgraders aspiring to grow their property portfolio, the areas that will continue to have strong support from mainly families profile.<\/p>\n<p>Clementi Ave 1 site will be well received as it\u2019s the last plot of the 3 sites along the stretch. With Clavon and Clement Canopy both doing very well in terms of their take up rate, UOL will most likely put up a strong bid for it to make it a triple success.<\/p>\n<p>Jalan Tembusu will be naturally highly anticipated due to the severe shortage of supply currently in the district 15 vicinity. Currently, there is near to zero options for buyers to consider in the east coast vicinity.<\/p>\n<p>Lastly the EC plot over at Senja will have leftover support from Tengah and Bukit Batok ECs. The strong sales of Copen Grand will boost the confidence of developers to continue their efforts in the western region. Most likely Qingjian or CDL will be looking to repeat their successes from the nearby ECs<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three sites being put up signals the demand in the outside core central region will remain strong in the near term. With many upgraders aspiring to grow their property portfolio, the areas that will continue to have strong support from mainly families profile. Clementi Ave 1 site will be well received as it\u2019s the […]<\/p>\n","protected":false},"author":1,"featured_media":2689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2688"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2688"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2688\/revisions"}],"predecessor-version":[{"id":2690,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2688\/revisions\/2690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2689"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2685,"date":"2022-11-25T02:52:21","date_gmt":"2022-11-25T02:52:21","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2685"},"modified":"2022-11-28T02:53:53","modified_gmt":"2022-11-28T02:53:53","slug":"the-nov-bto-launch-has-proven-that-the-hdb-is-pushing-to-tame-the-rising-resale-hdb-prices","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-nov-bto-launch-has-proven-that-the-hdb-is-pushing-to-tame-the-rising-resale-hdb-prices\/","title":{"rendered":"The Nov BTO launch has proven that the HDB is pushing to tame the rising resale Hdb prices."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2686\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM-161x300.jpeg\" alt=\"\" width=\"161\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM-161x300.jpeg 161w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM-549x1024.jpeg 549w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM-322x600.jpeg 322w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM-496x925.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-25-at-11.31.20-AM.jpeg 686w\" sizes=\"(max-width: 161px) 100vw, 161px\" \/><\/p>\n<p>The Nov BTO launch has proven that the HDB is pushing to tame the rising resale Hdb prices.<\/p>\n<p>At over 9600 units launching this time round for the Nov BTO, almost double the previous Aug BTO launch at over 4500 units.<\/p>\n<p>This time round, many of these sites are very well located and accessible to MRT stations, except the 3 plots over at Yishun.<\/p>\n<p>The hot ones will be the usual suspects like the 2 plots next to Kallang MRT and Dover MRT.<\/p>\n<p>First timer buyers will definitely be attracted to try their luck again at this round of BTO launch.<\/p>\n<p>Depending on locations, if you\u2019re a hdb owner trying to sell your unit right now, you may be experiencing a drop in terms of potential buyers coming to view your flats.<\/p>\n<p>I\u2019ve been sharing the same to many, the hdb resale prices will be coming to a flat line soon. Readjust your plans accordingly if you need to.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nov BTO launch has proven that the HDB is pushing to tame the rising resale Hdb prices. At over 9600 units launching this time round for the Nov BTO, almost double the previous Aug BTO launch at over 4500 units. This time round, many of these sites are very well located and accessible to […]<\/p>\n","protected":false},"author":1,"featured_media":2686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2685"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2685"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2685\/revisions"}],"predecessor-version":[{"id":2687,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2685\/revisions\/2687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2686"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2670,"date":"2022-11-22T04:14:23","date_gmt":"2022-11-22T04:14:23","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2670"},"modified":"2022-11-22T04:14:23","modified_gmt":"2022-11-22T04:14:23","slug":"if-we-read-just-the-headline-we-could-have-missed-out-the-pointers-that-he-raised-in-this-article","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/if-we-read-just-the-headline-we-could-have-missed-out-the-pointers-that-he-raised-in-this-article\/","title":{"rendered":"If we read just the headline, we could have missed out the pointers that he raised in this article."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2671\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-300x294.jpeg\" alt=\"\" width=\"300\" height=\"294\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-300x294.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-1024x1004.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-768x753.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-612x600.jpeg 612w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM-496x486.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-22-at-12.07.08-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Leslie is a writer that I have huge respect for the in depth research he does in the field of real estate work.<\/p>\n<p>If we read just the headline, we could have missed out the pointers that he raised in this article.<\/p>\n<p>From the financial point of view, I\u2019ve always encourage against renting for my clients. It doesn\u2019t make sense to pay rental when you are able to afford your own home in singapore.<\/p>\n<p>For a holding period of more than 5 years, even if the property remains the same price, you would have made substantial savings as compared to renting.<\/p>\n<p>In this article, Leslie points out that this group of people should consider renting.<\/p>\n<p>1.Young adults who prioritize work productivity and mental health, if they are staying with their parents while waiting for BTO. You can\u2019t put a price on that, that\u2019s for sure. If you can\u2019t work and rest properly at your own home, then yes any price to get out is worth it.<\/p>\n<p>2.Choosing the right BTO to maximize future potential gains. Yes, prime areas HDBs tend to create a higher potential capital appreciation as compared to non prime HDBs.<\/p>\n<p>However, be mindful of the wait. And luck plays a part. If you\u2019re already in your mid 30s and still trying to aim for the first BTO in prime areas, probably you should weigh your options, especially you\u2019re planning to have kids.<\/p>\n<p>3.Delaying the purchase so that income gets higher, your loan amount gets higher, opens up more options in your life, while saving up.<\/p>\n<p>As we are younger, we tend to be able to take higher risks. There are some who will like to pursue starting a business, travel the world more, etc.<\/p>\n<p>Buying a property requires a huge commitment, not just on the initial downpayment but also the decades long of loan that you need to pay monthly.<\/p>\n<p>If you\u2019re not willing to be tied down, renting is a better option while you are still exploring options in life.<\/p>\n<p>To further add on, some Singaporeans have overseas connections and may want to explore living in a different city. If you\u2019re certain that you will be migrating within the next 5years, then it make sense to rent while slowly transitioning to your new life in a different country.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leslie is a writer that I have huge respect for the in depth research he does in the field of real estate work. If we read just the headline, we could have missed out the pointers that he raised in this article. From the financial point of view, I\u2019ve always encourage against renting for my […]<\/p>\n","protected":false},"author":1,"featured_media":2671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2670"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2670"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2670\/revisions"}],"predecessor-version":[{"id":2672,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2670\/revisions\/2672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2671"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2667,"date":"2022-11-21T02:02:24","date_gmt":"2022-11-21T02:02:24","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2667"},"modified":"2022-11-21T02:02:24","modified_gmt":"2022-11-21T02:02:24","slug":"the-bulk-launch-of-nov-bto-shows-that-hdb-is-serious-about-controlling-the-hdb-resale-prices-by-increasing-supply-side-in-the-bto","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-bulk-launch-of-nov-bto-shows-that-hdb-is-serious-about-controlling-the-hdb-resale-prices-by-increasing-supply-side-in-the-bto\/","title":{"rendered":"The bulk launch of Nov BTO shows that Hdb is serious about controlling the Hdb resale prices by increasing supply side in the BTO."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2668\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-300x300.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-1024x1024.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-150x150.jpeg 150w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-768x768.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-1536x1536.jpeg 1536w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-600x600.jpeg 600w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM-496x496.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-21-at-9.55.05-AM.jpeg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The bulk launch of Nov BTO shows that Hdb is serious about controlling the Hdb resale prices by increasing supply side in the BTO.<\/p>\n<p>This will potentially create a temporary vacuum in the market where the hopeful applicants wait for a few months for their balloting queue results.<\/p>\n<p>The Sep cooling measures is also targeted at private owners who are flushed with profits buying to a bigger size Hdb.<\/p>\n<p>The main issue is about demand & supply where the HDBs are not built fast enough for the growing needs.<\/p>\n<p>By releasing more BTO sites into the market, the eligible ones being able to qualify for it will be tempted to go for it, while staying in their current place.<\/p>\n<p>We could possibly also see a return of a bulk MOP Hdb flats happening again, just like what happen from 2020-2022. This batch will be happening around 9-12 years from now, construction plus the 5 years MOP.<\/p>\n<p>A large number of Hdb MOP at the same time will actually create more buying power for the mass market condos due to the newly unlocked wealth.<\/p>\n<p>A family with $300k sales proceeds after selling their bto will be easily able to pay down their down payment for a $1.3-1.5m 3bedroom condo.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg #hdbsg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bulk launch of Nov BTO shows that Hdb is serious about controlling the Hdb resale prices by increasing supply side in the BTO. This will potentially create a temporary vacuum in the market where the hopeful applicants wait for a few months for their balloting queue results. The Sep cooling measures is also targeted […]<\/p>\n","protected":false},"author":1,"featured_media":2668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2667"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2667"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2667\/revisions"}],"predecessor-version":[{"id":2669,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2667\/revisions\/2669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2668"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2664,"date":"2022-11-17T08:32:34","date_gmt":"2022-11-17T08:32:34","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2664"},"modified":"2022-11-17T08:32:34","modified_gmt":"2022-11-17T08:32:34","slug":"the-outlook-moving-forward-towards-2023-is-shifting-towards","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-outlook-moving-forward-towards-2023-is-shifting-towards\/","title":{"rendered":"The outlook moving forward towards 2023 is shifting towards…"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2665\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-300x249.jpeg\" alt=\"\" width=\"300\" height=\"249\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-300x249.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-1024x849.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-768x637.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-724x600.jpeg 724w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM-496x411.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/WhatsApp-Image-2022-11-11-at-12.48.23-PM.jpeg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The outlook moving forward towards 2023 is shifting towards less optimistic, based on the survey of the industry players.<\/p>\n<p>This index at 5.0 though is still much higher compared to the 3.0 COVID 2020 and below 4.0 between year 2013 – 2016 following a series of cooling measures.<\/p>\n<p>Why is this index important to us as homebuyers?<\/p>\n<p>This sentiment index will reflect the risks that the major players will likely to take moving forward.<\/p>\n<p>Which means developers will be more cautious when they bid for land or survey enbloc potential sites.<\/p>\n<p>Which in turn will also mean that they are careful of what kind of pricing the market is able to accept.<\/p>\n<p>With the rising interests rates and global uncertainty, the developers will have at much higher risks if they overbid the lands and face the regulatory pressures if they can\u2019t build, sell and complete within the 5 years.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n<p>#theinsightfulrealtor #sgproperty #sgrealtor #johntanthepropertyagent #buysellrent #condosg #propertyinvestment #propertysg<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The outlook moving forward towards 2023 is shifting towards less optimistic, based on the survey of the industry players. This index at 5.0 though is still much higher compared to the 3.0 COVID 2020 and below 4.0 between year 2013 – 2016 following a series of cooling measures. Why is this index important to us […]<\/p>\n","protected":false},"author":1,"featured_media":2665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2664"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2664"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2664\/revisions"}],"predecessor-version":[{"id":2666,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2664\/revisions\/2666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2665"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2646,"date":"2022-11-10T03:15:25","date_gmt":"2022-11-10T03:15:25","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2646"},"modified":"2022-11-10T03:15:25","modified_gmt":"2022-11-10T03:15:25","slug":"from-2009-to-2019-the-average-annual-number-of-hdb-built-is-at-17642-units","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/from-2009-to-2019-the-average-annual-number-of-hdb-built-is-at-17642-units\/","title":{"rendered":"From 2009 to 2019, the average annual number of hdb built is at 17,642 units."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2632\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1-168x300.jpeg\" alt=\"\" width=\"168\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1-168x300.jpeg 168w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1-573x1024.jpeg 573w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1-336x600.jpeg 336w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1-496x887.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news1.jpeg 716w\" sizes=\"(max-width: 168px) 100vw, 168px\" \/><\/p>\n<p>From 2009 to 2019, the average annual number of hdb built is at 17,642 units.<\/p>\n<p>Mr Khaw Boon Wan served as Minister of MND during 2011 to 2015<\/p>\n<p>Yet due to covid, in year 2020, we only manage to build 7,406 hdb units and in year 2021, the figure is at 13,887.<\/p>\n<p>Obviously there is a severe lack of supply in the market, the demand is much more than the new supply. The number of BTO applicants has also proven it so.<\/p>\n<p>Based on the latest figures of 1.1m hdb flats, 3% will be around 33,000.<\/p>\n<p>If there is a new ruling to force all owners to sell away their existing hdb units, there will be an instant 33,000 units of resale hdbs. However, that will be an unlikely scenario.<\/p>\n<p>If there is growing sentiment of people pointing the fingers to this group of people, the most likely affected group will be those that are multiple property owners who are already owning 1 or more private properties and not staying in the Hdbs.<\/p>\n<p>The implications will be that owners who be given a timeframe to sell off their existing hdbs in the open market and disallow them to buy back HDB for a time period.<\/p>\n<p>This move, will cause unhappiness in the small group, but help create more supply into the resale hdb market.<\/p>\n<p>The numbers will not be significant but serves more like an appeasement policy.<\/p>\n<p>Then of course, these owners will then have to reinvest their money into somewhere else, either back into private residential, other property segments or paper market.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From 2009 to 2019, the average annual number of hdb built is at 17,642 units. Mr Khaw Boon Wan served as Minister of MND during 2011 to 2015 Yet due to covid, in year 2020, we only manage to build 7,406 hdb units and in year 2021, the figure is at 13,887. Obviously there is […]<\/p>\n","protected":false},"author":1,"featured_media":2632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2646"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2646"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2646\/revisions"}],"predecessor-version":[{"id":2647,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2646\/revisions\/2647"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2632"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2644,"date":"2022-11-02T10:11:52","date_gmt":"2022-11-02T10:11:52","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2644"},"modified":"2022-11-10T03:13:25","modified_gmt":"2022-11-10T03:13:25","slug":"the-total-supply-in-the-new-township-of-lentor-will-test-the-developers-confidence-into-bidding-into-this-area","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-total-supply-in-the-new-township-of-lentor-will-test-the-developers-confidence-into-bidding-into-this-area\/","title":{"rendered":"The total supply in the new township of Lentor will test the developers\u2019 confidence into bidding into this area."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2636\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-300x300.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-1024x1024.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-150x150.jpeg 150w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-768x768.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-1536x1536.jpeg 1536w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-600x600.jpeg 600w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5-496x496.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news5.jpeg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The total supply in the new township of Lentor will test the developers\u2019 confidence into bidding into this area.<\/p>\n<p>Even though AMO and Lentor Modern have achieved superb results on their first day launch of close to 80%, developers will still be cautious about the demand over here.<\/p>\n<p>Some of the sites are within 1km of the nearby popular schools which I think will be a factor in play for families with school going kids.<\/p>\n<p>Investors or homeowners who are aiming to buy into this area and wish to take part in the growth of this new township will have to be discerning in terms of choosing the right project.<\/p>\n<p>Supply will come into the market one after another, with high competition, it will eat into the expected rental yield and capital gains expectations.<\/p>\n<p>Not forgetting that there will be constant noise and dust when the constructions are going on.<\/p>\n<p>Given a price tag of $2200psf, I would think there will be better buys focusing into the RCR and CCR projects that are previously launched and still have some balance units to consider.<\/p>\n<p>Over a longer term of 10-15 years, when these projects go into the resale market, the buyers\u2019 expectations will shift.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total supply in the new township of Lentor will test the developers\u2019 confidence into bidding into this area. Even though AMO and Lentor Modern have achieved superb results on their first day launch of close to 80%, developers will still be cautious about the demand over here. Some of the sites are within 1km […]<\/p>\n","protected":false},"author":1,"featured_media":2636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2644"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2644"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2644\/revisions"}],"predecessor-version":[{"id":2645,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2644\/revisions\/2645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2636"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2642,"date":"2022-10-31T12:04:13","date_gmt":"2022-10-31T12:04:13","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2642"},"modified":"2022-11-10T03:06:43","modified_gmt":"2022-11-10T03:06:43","slug":"the-q3-price-increase-came-largely-supported-by-the-strong-sales-performance-of-amo-residences-sky-eden-and-lentor-modern","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-q3-price-increase-came-largely-supported-by-the-strong-sales-performance-of-amo-residences-sky-eden-and-lentor-modern\/","title":{"rendered":"The Q3 price increase came largely supported by the strong sales performance of AMO Residences, Sky Eden and Lentor Modern."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2635\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-300x300.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-1024x1024.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-150x150.jpeg 150w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-768x768.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-1536x1536.jpeg 1536w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-600x600.jpeg 600w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4-496x496.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news4.jpeg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>The Q3 price increase came largely supported by the strong sales performance of AMO Residences, Sky Eden and Lentor Modern.<\/p>\n<p>Setting the new benchmark price point of more than $2000psf in Outside Central Region OCR, the buyers\u2019 appetite and pricing acceptance towards new projects has been strong.<\/p>\n<p>What it also means is that, developers will have mixed responses towards securing future land plots and readjusting their pricing for existing projects.<\/p>\n<p>Strangely, a new project in Core Central Region CCR could be found selling so close to a project that is located in the OCR. We are indeed living in interesting times.<\/p>\n<p>Moving forward, the Q4 results will be much muted due to the lack of significant new projects launches to push up the market.<\/p>\n<p>The most recent cooling measures will also put some buyers out of the market for a short period, adopting a wait and see approach before reentering into the market.<\/p>\n<p>Personally, I will think that cooling measures like this will become more frequent as the Gov seems to be recalibrating their policies every time they have new data to assess the on the ground demand.<\/p>\n<p>Especially for the public housing, if the prices still stubbornly increases above their acceptable threshold, they will have to do something more drastic.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\nhttps:\/\/t.me\/johntanproperty<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Q3 price increase came largely supported by the strong sales performance of AMO Residences, Sky Eden and Lentor Modern. Setting the new benchmark price point of more than $2000psf in Outside Central Region OCR, the buyers\u2019 appetite and pricing acceptance towards new projects has been strong. What it also means is that, developers will […]<\/p>\n","protected":false},"author":1,"featured_media":2635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2642"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2642"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2642\/revisions"}],"predecessor-version":[{"id":2643,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2642\/revisions\/2643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2635"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2640,"date":"2022-10-29T11:01:39","date_gmt":"2022-10-29T11:01:39","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2640"},"modified":"2022-11-10T03:07:14","modified_gmt":"2022-11-10T03:07:14","slug":"the-question-of-buying-a-freehold-versus-a-leasehold-property-will-always-be-there","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-question-of-buying-a-freehold-versus-a-leasehold-property-will-always-be-there\/","title":{"rendered":"The question of buying a freehold versus a leasehold property will always be there."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2634\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-294x300.jpeg\" alt=\"\" width=\"294\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-294x300.jpeg 294w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-1003x1024.jpeg 1003w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-768x784.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-588x600.jpeg 588w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3-496x506.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news3.jpeg 1254w\" sizes=\"(max-width: 294px) 100vw, 294px\" \/><\/p>\n<p>The question of buying a freehold versus a leasehold property will always be there.<\/p>\n<p>The mindset of owning a property forever makes it seems like paying a 15-30% premium is a good deal.<\/p>\n<p>But if you’re intending to buy & invest for shorter than 25 years, it will actually make more sense to go for a leasehold instead.<\/p>\n<p>An easier to understand example will be as follows:<\/p>\n<p>Leasehold<\/p>\n<p>$10 property price.<br \/>\n$7 debt<br \/>\n$3 of your own money<br \/>\n$0.3 annual rental income<br \/>\n10% return on equity<\/p>\n<p>Freehold<\/p>\n<p>$12 property price<br \/>\n$8.4 debt<br \/>\n$3.6 of your own money<br \/>\n$0.3 annual rental income<br \/>\n8.3% return on equity<\/p>\n<p>Tenants don’t differentiate between a leasehold and a freehold condo as long as it fulfills their housing requirements.<\/p>\n<p>Over the subsequent period of 25 years, before the land lease decay sets in, or once there is a significant capital appreciation, the investor can consider to switch from the older 99yers condo to another newer 99years condo before the project starts to reduce in demand.<\/p>\n<p>Again, some family offices have rules in place that they are only allowed to invest in freehold properties and the people managing the funds can only recommend certain locations for them to go into.<\/p>\n<p>Not only the tenure, there are other factors to look out for when choosing the right project, such as proximity to schools, layout comparisons, nearby growth catalysts, etc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The question of buying a freehold versus a leasehold property will always be there. The mindset of owning a property forever makes it seems like paying a 15-30% premium is a good deal. But if you’re intending to buy & invest for shorter than 25 years, it will actually make more sense to go for […]<\/p>\n","protected":false},"author":1,"featured_media":2634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2640"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2640"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2640\/revisions"}],"predecessor-version":[{"id":2641,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2640\/revisions\/2641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2634"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2637,"date":"2022-10-28T02:56:07","date_gmt":"2022-10-28T02:56:07","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2637"},"modified":"2022-11-10T03:01:34","modified_gmt":"2022-11-10T03:01:34","slug":"if-there-is-further-increase-on-the-fed-rates-there-is-a-high-chance-that-the-gov-will-introduce-another-round-of-tweaking-to-have-the-tdsr-stress-test-at-4-5","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/if-there-is-further-increase-on-the-fed-rates-there-is-a-high-chance-that-the-gov-will-introduce-another-round-of-tweaking-to-have-the-tdsr-stress-test-at-4-5\/","title":{"rendered":"If there is further increase on the fed rates, there is a high chance …"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-2633\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-300x300.jpeg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-300x300.jpeg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-1024x1024.jpeg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-150x150.jpeg 150w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-768x768.jpeg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-1536x1536.jpeg 1536w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-600x600.jpeg 600w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2-496x496.jpeg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/11\/news2.jpeg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>If there is further increase on the fed rates, there is a high chance that the Gov will introduce another round of tweaking to have the TDSR stress test at 4.5%<\/p>\n<p>The explanation is that if the stress test is lower than the actual interest rates, then it\u2019s not called a stress test anymore.<\/p>\n<p>Right now, for private properties the floating SORA cheapest rate is at (3M SORA plus 0.55%) 2.96% offered by Citibank, with the remaining banks all above 3%.<\/p>\n<p>Fixed packages are at 3.5% across most banks.<\/p>\n<p>The history of interest rates have been perceived to be low since 2010, the period after the Lehman crisis of 2008.<\/p>\n<p>After 12 years of low interest rate environment, it seems that we are slowly returning back to the \u201cnormal interest rate\u201d in the past.<\/p>\n<p>A lot of the past investment strategies that uses cheap debt may not be workable anymore and this is the time to review the numbers of you haven\u2019t done so.<\/p>\n<p>Debt is a double edged sword that needs to be managed properly to reduce the expenses from borrowing.<\/p>\n<p>If need be, spend sometime to work out the sums to avoid paying tens of thousands dollars wastefully to the banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If there is further increase on the fed rates, there is a high chance that the Gov will introduce another round of tweaking to have the TDSR stress test at 4.5% The explanation is that if the stress test is lower than the actual interest rates, then it\u2019s not called a stress test anymore. Right […]<\/p>\n","protected":false},"author":1,"featured_media":2633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2637"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2637"}],"version-history":[{"count":2,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2637\/revisions"}],"predecessor-version":[{"id":2639,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2637\/revisions\/2639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2633"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2453,"date":"2022-10-23T11:25:17","date_gmt":"2022-10-23T11:25:17","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2453"},"modified":"2022-10-25T11:56:41","modified_gmt":"2022-10-25T11:56:41","slug":"the-issue-of-having-hdb-flats-being-rented","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-issue-of-having-hdb-flats-being-rented\/","title":{"rendered":"The issue of having Hdb flats being rented"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-2458 alignleft\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-300x189.jpg\" alt=\"\" width=\"300\" height=\"189\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-300x189.jpg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-1024x645.jpg 1024w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-768x484.jpg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-953x600.jpg 953w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog-496x312.jpg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property1-blog.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>The issue of having Hdb flats being rented out will only be talked about during such crazy times.<br \/>\nWhen people are frustrated and finding a person or a group of people to point fingers to, they will find channels to do it.<br \/>\nThe main problem we have today is housing shortage due to the construction delays caused by the covid.<br \/>\nThe people who owned Hdb previously bought them under the prevailing rules set out by the Gov and fulfilled the requirements before renting them out.<br \/>\nIf housing prices, both purchase and rent, are well calibrated, you won\u2019t hear so many people talking about multiple owners keeping their HDB as a form of rental income.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The issue of having Hdb flats being rented out will only be talked about during such crazy times. When people are frustrated and finding a person or a group of people to point fingers to, they will find channels to do it. The main problem we have today is housing shortage due to the construction […]<\/p>\n","protected":false},"author":1,"featured_media":2458,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2453"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2453"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2453\/revisions"}],"predecessor-version":[{"id":2459,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2453\/revisions\/2459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2458"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2461,"date":"2022-10-16T11:33:55","date_gmt":"2022-10-16T11:33:55","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2461"},"modified":"2022-10-26T04:36:32","modified_gmt":"2022-10-26T04:36:32","slug":"lets-read-deeper-into-the-news","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/lets-read-deeper-into-the-news\/","title":{"rendered":"Let’s read deeper into the news.."},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-2462 alignleft\" src=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property2-min-300x128.jpg\" alt=\"\" width=\"300\" height=\"128\" srcset=\"https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property2-min-300x128.jpg 300w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property2-min-768x328.jpg 768w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property2-min-496x212.jpg 496w, https:\/\/theinsightfulrealtor.com\/wp-content\/uploads\/2022\/10\/property2-min.jpg 884w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Let’s read deeper into the news..<br \/>\n“..with serious implications for retirement sustainability, social isolation and national cohesion as Singapore needs to top up the population with immigrants”<\/p>\n<p>What does this means?<\/p>\n<p>You can see that there are so many major infrastructure projects ongoing in Singapore right now.<br \/>\nGreater Southern Waterfront, relocation of Paya Lebar Airbase, expansion of Airport and Seaport capabilities, extensive transportation networks with more MRT lines, just to name a few.<\/p>\n<p>It is to prepare for a greater inflow of people coming into the country to work under team Singapore.<br \/>\nThe fact is that Singapore is approaching a population if left to its natural progression, we will be facing an underpopulation situation. More simple man of saying, we have more people dying than people giving birth.<\/p>\n<p>Which we can look at Japan as a most immediate case study, where they averaging a -0.09 to -0.24 drop in terms of population every year. It is a country that is well developed which does not suffer from mass exodus of emigration or poor medical conditions.<\/p>\n<p>In contrast, the Singapore Gov is generally more open to foreigners coming into the country to contribute to the economy and gradually convert some of them to new citizens.<br \/>\nSo how does this affect property prices?<br \/>\nIf there is a population target of 7m by 2040, we are still 1.34m away from it.<br \/>\nA household size of 3.2 pax per household, we will probably need 418,750 additional housing units to cater for the inflow of people.<\/p>\n<p>Which means for the next 18 years, on the average we will need 23,263 units to be build every year.<br \/>\nDoes our current rate of building construction supports the numbers?<br \/>\nPersonally, I see that the Gov is managing a fine balance of making sure there is enough net inflow every year yet at the same time, people are generally not annoyed by the by products of more new citizens coming in.<br \/>\nI think that in the past, they let too many people in too fast when the infrastructure is not yet ready. That’s probably why 2011 a GRC was lost.<br \/>\nThis past 2 years, Covid hit badly, the construction sector cannot keep pace with the demand for housing, that’s why there is another sudden surge in terms of the property prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let’s read deeper into the news.. “..with serious implications for retirement sustainability, social isolation and national cohesion as Singapore needs to top up the population with immigrants” What does this means? You can see that there are so many major infrastructure projects ongoing in Singapore right now. Greater Southern Waterfront, relocation of Paya Lebar Airbase, […]<\/p>\n","protected":false},"author":1,"featured_media":2462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2461"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2461"}],"version-history":[{"count":2,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2461\/revisions"}],"predecessor-version":[{"id":2500,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2461\/revisions\/2500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2462"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2464,"date":"2022-10-15T11:37:30","date_gmt":"2022-10-15T11:37:30","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2464"},"modified":"2022-10-26T04:37:36","modified_gmt":"2022-10-26T04:37:36","slug":"personally-i-have-sold-a-few-units-of-the-quintet-ec-over-at-yew-tee-before","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/personally-i-have-sold-a-few-units-of-the-quintet-ec-over-at-yew-tee-before\/","title":{"rendered":"Personally, I have sold a few units of The Quintet EC over at Yew Tee before."},"content":{"rendered":"<p>Personally, I have sold a few units of The Quintet EC over at Yew Tee before.<\/p>\n<p>The first batch of owners really got lucky because they bought in during a market low and sold during a market high. Many of these families were sitting on a huge pot of gold.<\/p>\n<p>Imagine without any effort on your part, except paying for the downpayment and monthly installments, there is a sudden huge amount of money ($300k-$500k) waiting for you to cash out.<\/p>\n<p>There is a client which I\u2019m still serving, they have reinvested their profits into a prime area condo back then 2018.<\/p>\n<p>Fast forward this year 2022, they were looking to do decoupling, I checked and saw that their existing property has enjoyed another capital growth of $350k.<\/p>\n<p>By just purchasing the right home for own stay, they have managed to achieve a total of near $800k capital gains through property.<\/p>\n<p>They are in a different life stage now as the older boy is going into tertiary education, they are exploring to shifting back to the west.<\/p>\n<p>The plan is to have the husband to takeover the property and the wife to purchase another smaller 3 bedroom condo in Clementi area.<\/p>\n<p>In essence, this is what many people have been shouting about, \u201casset progression\u201d. Buying more or higher value properties and let time in the market do job. Of course, in a safe manner without losing sleep at night.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Personally, I have sold a few units of The Quintet EC over at Yew Tee before. The first batch of owners really got lucky because they bought in during a market low and sold during a market high. Many of these families were sitting on a huge pot of gold. Imagine without any effort on […]<\/p>\n","protected":false},"author":1,"featured_media":2465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2464"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2464"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2464\/revisions"}],"predecessor-version":[{"id":2466,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2464\/revisions\/2466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2465"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2467,"date":"2022-10-09T11:39:52","date_gmt":"2022-10-09T11:39:52","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2467"},"modified":"2022-10-26T04:38:10","modified_gmt":"2022-10-26T04:38:10","slug":"the-gap-between-freehold-and-99-landed-has-increased","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-gap-between-freehold-and-99-landed-has-increased\/","title":{"rendered":"The gap between freehold and 99 landed has increased"},"content":{"rendered":"<p>The gap between freehold and 99 landed has increased till such that some buyers are being priced out.<\/p>\n<p>The next best option will be going for an older 99 years leasehold landed, if space is a factor that cannot be compromised.<\/p>\n<p>The downsides of 99 leasehold landed are still there and if you\u2019re exploring entering into this segment, please be aware of the difficulty to exit in the future.<\/p>\n<p>This proposal is something which I will be reluctant to recommend especially if I know that my clients are still young and will probably want to have another swap 5-10 years down the road.<br \/>\nThe problem with 99 years leasehold landed is that the current market has driven many other landed prices up to such an extent that when one family compared to a 4 bedroom unit condo and a leasehold landed, it seems like a no brainer deal to take the 99 years leasehold landed.<\/p>\n<p>The issues with day to day maintenance only arise when you start to live in it. Little things like pest control, gate repair\/replace, gardening, roofing works.<\/p>\n<p>All these are no longer covered by the mcst. You\u2019re on your own to take care of these little things.<br \/>\nI\u2019ve seen nice landed homes with open roof top terraces where in the beginning the family is excited to host guests and make it super nice.<\/p>\n<p>But after a few years, the place become bare and weeds anyhow grow, water damage seen due to poor maintenance.<\/p>\n<p>However, if you\u2019re fully aware of what you\u2019re going into and don\u2019t mind holding on to it for the long term, the plus sides are there as what this article has mentioned.<\/p>\n<p>Subscribe to this telegram channel to receive daily property news update:<br \/>\n<a href=\"https:\/\/t.me\/johntanproperty\" target=\"_blank\" rel=\"noopener\">https:\/\/t.me\/johntanproperty<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The gap between freehold and 99 landed has increased till such that some buyers are being priced out. The next best option will be going for an older 99 years leasehold landed, if space is a factor that cannot be compromised. The downsides of 99 leasehold landed are still there and if you\u2019re exploring entering […]<\/p>\n","protected":false},"author":1,"featured_media":2468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2467"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2467"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2467\/revisions"}],"predecessor-version":[{"id":2469,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2467\/revisions\/2469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2468"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2470,"date":"2022-10-07T11:40:57","date_gmt":"2022-10-07T11:40:57","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2470"},"modified":"2022-10-26T04:44:05","modified_gmt":"2022-10-26T04:44:05","slug":"what-do-you-see-in-year-2023","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/what-do-you-see-in-year-2023\/","title":{"rendered":"What do you see in year 2023?"},"content":{"rendered":"<p>What do you see in year 2023?<\/p>\n<p>Bulk of supply close to 20,000 units completing and owners collecting keys.<\/p>\n<p>Some will rent out, some will own stay, some will sell.<\/p>\n<p>These units will become part of the resale market.<\/p>\n<p>Rentals could in fact drop due to the large numbers coming into the market.<\/p>\n<p>If you\u2019re planning to sell your condo, it\u2019s good to review and look around your vicinity to see if there\u2019s going to be a large supply coming into the market.<\/p>\n<p>If there is going to be a better, newer project just next door that only costs $100k more, some buyers wouldn\u2019t mind paying that extra as premium for the \u2018freshness\u2019 of it.<\/p>\n<p>Again, the unit types also plays a part. Meaning if the next door project doesn\u2019t have any 1 bedroom units. Then you probably don\u2019t have to worry about it, if you\u2019re selling your 1 bedroom.<\/p>\n<p>Put yourself in the buyers\u2019 shoes, if I don\u2019t mind waiting an extra 6-9 months, I will get to stay into a brand new unit, where no one stayed before, it also fits into the same criteria compared to a side by side project, then why not I just wait a bit more?<\/p>\n<p>Maybe I\u2019ll get more options to choose from as well. At TOP, one visit down I can maybe look at 5-10 different units at one go to decide which unit is best fit to my criteria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What do you see in year 2023? Bulk of supply close to 20,000 units completing and owners collecting keys. Some will rent out, some will own stay, some will sell. These units will become part of the resale market. Rentals could in fact drop due to the large numbers coming into the market. If you\u2019re […]<\/p>\n","protected":false},"author":1,"featured_media":2471,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2470"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2470"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2470\/revisions"}],"predecessor-version":[{"id":2472,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2470\/revisions\/2472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2471"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2473,"date":"2022-10-06T11:43:21","date_gmt":"2022-10-06T11:43:21","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2473"},"modified":"2022-10-26T04:39:30","modified_gmt":"2022-10-26T04:39:30","slug":"the-hdb-resale-prices-continue-to-increase-for-the-month-of-sep","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/the-hdb-resale-prices-continue-to-increase-for-the-month-of-sep\/","title":{"rendered":"The hdb resale prices continue to increase for the month of Sep."},"content":{"rendered":"<p>6 October 2022<\/p>\n<p>The hdb resale prices continue to increase for the mont of Sep.<\/p>\n<p>We will have to see in Oct how the new cooling measures will affect the buying demand of the market.<\/p>\n<p>The latest round of cooling measures is targeted more towards the higher price premium hdb flats to prevent them from going up further.<\/p>\n<p>Imagine a 4rm prime hdb costs close to $1m, what\u2019s going to happen in 10-20 years time?<\/p>\n<p>The Gov has to step in to control this particular segment of HDBs to prevent a situation where only the affluent is able to afford to stay in prime resale HDBs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>6 October 2022 The hdb resale prices continue to increase for the mont of Sep. We will have to see in Oct how the new cooling measures will affect the buying demand of the market. The latest round of cooling measures is targeted more towards the higher price premium hdb flats to prevent them from […]<\/p>\n","protected":false},"author":1,"featured_media":2474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2473"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2473"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2473\/revisions"}],"predecessor-version":[{"id":2475,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2473\/revisions\/2475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2474"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2488,"date":"2022-10-05T11:47:18","date_gmt":"2022-10-05T11:47:18","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2488"},"modified":"2022-10-26T04:39:59","modified_gmt":"2022-10-26T04:39:59","slug":"for-the-tdsr-adjustment-of-using-4-instead-of-3-5","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/for-the-tdsr-adjustment-of-using-4-instead-of-3-5\/","title":{"rendered":"For the tdsr adjustment of using 4% instead of 3.5%"},"content":{"rendered":"<p>5 OCTOBER 2022<\/p>\n<p>For the tdsr adjustment of using 4% instead of 3.5% as means of loan assessment, this is something that was being talked about for quite a while.<\/p>\n<p>You see, the reason is that the Gov always want to promote a ‘sustainable’ property market. If you read the media often enough, you will see the word ‘sustainable’ being used many times.<\/p>\n<p>So what does sustainable means to the Gov?<\/p>\n<p>I think there are certain indicators that they want to make sure that the property growth is supported by the fundamentals.<\/p>\n<p>For example, GDP growth, average household income, unemployment rate, etc. I’m sure these are the data & statistics that policy makers are tracking and have even more deep data compared to the common folks like us.<\/p>\n<p>The last thing Gov will probably want is a mass selling of properties, that will trigger many foreclosures happening, and that is when many people are ‘throwing’ away their properties.<\/p>\n<p>If the interest rates continue to increase and many people start to feel the stretch and starting to sell properties, that may trigger some force sales in the market.<\/p>\n<p>Instead of risking that from happening, one of the way is to set the barrier of entry higher to make sure that those who require debt to finance their properties are able to endure a higher threshold if interests rates were to increase higher.<\/p>\n<p>Given that this round of cooling measures came just 9 months after the previous ones, I will believe that active monitoring of the property market is expected.<\/p>\n<p>If the market continues to perform irrationally, I’m not surprised that there will certainly be another round of cooling measures coming along.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>5 OCTOBER 2022 For the tdsr adjustment of using 4% instead of 3.5% as means of loan assessment, this is something that was being talked about for quite a while. You see, the reason is that the Gov always want to promote a ‘sustainable’ property market. If you read the media often enough, you will […]<\/p>\n","protected":false},"author":1,"featured_media":2489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2488"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2488"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2488\/revisions"}],"predecessor-version":[{"id":2490,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2488\/revisions\/2490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2489"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2491,"date":"2022-10-01T11:49:09","date_gmt":"2022-10-01T11:49:09","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2491"},"modified":"2022-10-26T04:40:25","modified_gmt":"2022-10-26T04:40:25","slug":"relook-at-last-cooling-measure","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/relook-at-last-cooling-measure\/","title":{"rendered":"Relook at last cooling measure.."},"content":{"rendered":"<p>1 OCTOBER 2022<\/p>\n<p>Relook at last cooling measure..<\/p>\n<p>Non-landed residential resale properties from March 2019 till Sep 2022<\/p>\n<p>The last cooling measure was announced in Dec 2021, seems like a long time ago<\/p>\n<p>The subsequent 2 months witness a drop of 1% in terms of average $psf, meaning a $1.5m condo drop to $1.485m.<\/p>\n<p>And then in March 2022, we see the rebound of the property, even higher than Dec 2021, and the upward movement of price till now.<\/p>\n<p>It seems like the flood barriers being put up to prevent an unstoppable tsunami, little or no effect.<\/p>\n<p>Let’s see how this round of cooling measure will pan out.<\/p>\n<p>The market is determine by you and I, the real people who put down their cold hard cash\/CPF into the properties.<\/p>\n<p>If everyone suddenly stop buying, yes for sure the market will go into an adjustment period.<\/p>\n<p>But if the price is still moving upwards strongly, it’s no brainer that more flood barriers will be put up. Maybe a great wall<\/p>\n<p>Till then, always stay financial prudent before making any bold move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1 OCTOBER 2022 Relook at last cooling measure.. Non-landed residential resale properties from March 2019 till Sep 2022 The last cooling measure was announced in Dec 2021, seems like a long time ago The subsequent 2 months witness a drop of 1% in terms of average $psf, meaning a $1.5m condo drop to $1.485m. And […]<\/p>\n","protected":false},"author":1,"featured_media":2492,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2491"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2491"}],"version-history":[{"count":1,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2491\/revisions"}],"predecessor-version":[{"id":2493,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2491\/revisions\/2493"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2492"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}},{"id":2494,"date":"2022-09-30T11:51:58","date_gmt":"2022-09-30T11:51:58","guid":{"rendered":"https:\/\/theinsightfulrealtor.com\/?p=2494"},"modified":"2022-10-25T11:55:11","modified_gmt":"2022-10-25T11:55:11","slug":"another-new-air-con-installed","status":"publish","type":"post","link":"https:\/\/theinsightfulrealtor.com\/another-new-air-con-installed\/","title":{"rendered":"Another new air con installed.."},"content":{"rendered":"<p>Another new air con installed..<\/p>\n<p>Another round of cooling measures announced..<\/p>\n<p>Instead of going through the details, I’ll talk about directly who’s going to be impacted the most.<\/p>\n<p>1A) Condo owners planning to downgrade to hdb resale (below 55 years old)<\/p>\n<p>If you are currently in midst of selling your condo and you see this news, please pay attention. You may need more than just the usual extension of stay if you’re shifting into a resale hdb.<\/p>\n<p>If you have already issued out the otp, hurry up and quickly ask the buyer for another renegotiation if possible before the buyer exercised.<\/p>\n<p>If you have already sold, please try to appeal to hdb to allow you to but without the wait out period of 15 months, subject to hdb approval on a case by case basis.<\/p>\n<p>1B) Potential enbloc owners who want to consider downgrade to hdb resale<\/p>\n<p>If there is a large numbers of people who are worried about getting a replacement home, they may vote against an enbloc.<\/p>\n<p>The enbloc process official completion doesn\u2019t count when the deal is on. It is usually 1 to 1.5 years later.<\/p>\n<p>If the owners are worried that they can\u2019t buy a resale hdb after their enbloc, they may think of getting a replacement home from the private market.<\/p>\n<p>Which also means that they either want a higher asking price for their enbloc project or they vote against getting enbloc<\/p>\n<p>2) Selling a high price hdb<\/p>\n<p>If you are aiming to sell to a rich buyer who may have recently downgraded from their condo or landed, sorry your pool of buyers have disappeared overnight. Unless it’s a retiree, more than 55 years old.<\/p>\n<p>You can now only target rich PRs and 55 years old or older private downgraders. Please inform your agent to use more traditional marketing outreach.<\/p>\n<p>The market will enter into a ‘wait & see’ phase for the next 3-6 months. Don’t be too pressurized to lower down your price if you have already priced it correctly. If you’re still thinking of breaking the record high, maybe can reconsider your ambition a bit.<\/p>\n<p>3) Borderline loans private property buyers<\/p>\n<p>If you calculate your loan just nicely to the dollar & cent for a $1.5m purchase, maybe your new budget should be for a $1.425m purchase.<\/p>\n<p>You may need to save up a few more months to top up the difference if your target property price is not moving, most sellers are unlikely to drop price drastically.<\/p>\n<p>If you have a nice boss, maybe you can ask for a salary increase so that you can still buy your property. The new calculation will be based on a stricter loan assessment.<\/p>\n<p>4) Lower income buyers who are using hdb loan to buy resale hdb<\/p>\n<p>Take note that the max loan now is reduce to 80%, please make sure that you have sufficient funds on hand to cover the downpayment.<\/p>\n<p>If you’re using private bank loans, it’s still the same at 75%.<\/p>\n<p>Please calculate properly how much you have on hand to pay off the hdb fees, stamp duty, etc to work out the accurate budget.<\/p>\n<p>If you already have a pre-approved HLE before 30 Sep, take note you only have a 6 months window, check carefully when does the existing HLE expire and make your move quickly if you know that you will be affected by the new ruling.<\/p>\n<p>5) Landlords & multiple properties owners<\/p>\n<p>Please continue to enjoy & take advantage of the current moment. The current short supply situation is only temporary. It’s not going to be permanent.<\/p>\n<p>If you have rental increased from $3000 to $5500, please take note that this is not permanent. Save up the excess while you can.<\/p>\n<p>There will be another pool of tenants coming because of this new ruling, condo sellers transiting to hdb resale will come to rent from you.<\/p>\n<p>You may want to relook into poor performing properties and readjust your portfolio.<\/p>\n<p>6) Developers who are running low on their land banks<\/p>\n<p>The most challenging part is to bid at the right price where you still can win the plot of land and at the same time achieve a decent profit margin when the project is ready to launch<\/p>\n<p>With the latest measures, a lot of the borderline mass market condo buyers\u2019 affordability will be affected by an average of 5% downwards.<\/p>\n<p>Which means that the price $psf must be balance out properly to make sure majority of the buyers are still being able to afford after the new measures are in place.<\/p>\n<p>Also, to be extra conservative when it comes to selecting enbloc projects to go for.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Another new air con installed.. Another round of cooling measures announced.. Instead of going through the details, I’ll talk about directly who’s going to be impacted the most. 1A) Condo owners planning to downgrade to hdb resale (below 55 years old) If you are currently in midst of selling your condo and you see this […]<\/p>\n","protected":false},"author":1,"featured_media":2495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[63,62,11],"_links":{"self":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2494"}],"collection":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/comments?post=2494"}],"version-history":[{"count":4,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2494\/revisions"}],"predecessor-version":[{"id":2499,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/posts\/2494\/revisions\/2499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media\/2495"}],"wp:attachment":[{"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/media?parent=2494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/categories?post=2494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theinsightfulrealtor.com\/wp-json\/wp\/v2\/tags?post=2494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}]