Singapore Property Investment

Singapore Property Investment


– Hello everyone! Gaynor here from HDBUpgradingStrategist and welcome back live. Now today is my episode four so what is episode four actually about? Right? And today we will we will be talking about this topic. Right, examples of a
bad property investment. Right. So in this video I will actually show you guys bad examples of resale condos right and some of the transactions. Right. And these transactions,
probably, I will show to you guys about unprofitable transactions. And from there on you will be able to analyze
together and figure out you know, see where there are similarities how we can learn from these, as well. Once again, for those people coming in right, today what am I talking about? Today I’ll be talking about this examples of a bad property investment. Okay? So, I think this is something that is really, really, very very, very something that I think a lot
of people will be concern of. Why? Because at the end of the day there are many HDB upgraders, right? And you guys will probably look into buying a resale property or even buying a bigger HDB because these are very
common practices, right. So, I think this will be
something very interesting for you guys. And from then on you will be able to see, you know whether you will be buying
something that is valuable or will you be buying
something that, you know things that you may probably bought a bad property investment
last round, right? So, okay, once again I know
you guys are coming in. Once again, I’ll be talking about this. Right? Okay. Now, okay, so I just want to ask you a very, very I mean this question I
just want to ask you guys since we are talking about this topic. Does anyone knows, what is a property sorry, what is a bad property investment? Does anyone know? Right? Probably you guys can give me some thinker, you know. Anyone? Okay, so. I think that this is a really
simple question, right? A bad property, you know, investment is something you probably,
you have, you know made a bad purchase. And probably you don’t make money you probably make losses, right. So, I think this is something that you guys really have to take note. So, in fact I prepared
three resale condominiums and this is right here on my paper right. I got this. Now. This is one condominium
which is at Pasir Ris the condominium is actually Livia. Any of you guys stay at Pasir Ris? (laughs) They are probably looking
to upgrade, right. So, this is Livia. I already extracted
the transactions, right this is Livia condominiums. I think you guys can see, Livia. Right. I will actually stream to you this category which is the unprofitable transactions. Can you guys see? If you guys can see you probably can give
me a thumbs up, right? Unprofitable transactions. Right. Can you guys see? Right. So I just want to show to you guys this very important, this view interesting data. Now if you guys can see this is actually example 2018 and you can see that this person actually bought on 2014. Right. And actually sold in 2018 in fact he actually made a loss of you can see $280,0000, if I’m not wrong. Can you guys see? Right. And even the next transaction was actually a loss of $220,000. The person bought in 2011, right. And actually sold in sorry my orientation problem. Yeah, so in 2018 as well. Both are in recent December transactions. Right, if you can really see these are the losses the transactions
have actually done. Right, these are the losses, right. Can you guys see? There’s also another one more. – $200,000 in fact it was bought in 2013 right and it was sold in 2017. Can you see? 2017. Now this property that I’m showing to you is actually in Livia. Right. And this is in Pasir Ris. Now I’m showing to you another area which is Woodlands. Anyone staying in Woodlands? Okay, so you can see Woodlands. This is a project called Northoaks. In fact I actually extracted
the past 10 years transactions to show to you guys that if I say, you know if you guys or any one of you have been staying for,
you know bought a property have been staying for 10 years at least you know does it make money? Or probably you don’t even
actually make some money at all. So this is Northoaks,
for the past 10 years. And I quickly zoomed out to this which is this is also unprofitable transactions. Can you guys see? Right, I just want to
let you guys see that so you can really see very carefully. So first thing first. Sorry, yeah. First thing first, let’s zoom down. Negative $200,000 , negative $100,000. So actually when it was bought it was bought in 2012, right? But it was sold in sorry my orientation probably is bad here in 2017 and in 2018. Right, and the losses is actually $200,000 and also $100,000. Now this is also an example people probably made losses. Now why is this so? Now I let me go to review another one more. This is, now this is in fact in Jurong and this project I’m
going to share with you has a fantastic location,
really fantastic. It’s actually just above
the Jurong East MRT Station and the project is called Centris, right. So, here, Centris, and it was actually for I actually extracted the
data based on past 10 years. Now, so we zoom down into the information the line unprofitable transactions. Now this is the unprofitable transactions now you can see. Right. And you can see that
even if people who bought at a fantastic location, right and the losses was actually minus how much minus $280,000 and minus $150,000 Can you see? Right? And when was it bought? It was actually bought in 2011 and 2013. Right, and it was sold in 2017. Right, 2017. Now these are the three projects
I’m sharing with you guys that probably well some of the people
actually made losses. Now one thing I just have to clarify now, I’m not saying these three projects just for a disclaimer, right that these three projects you
guys are looking to purchase I’m not saying that you
cannot buy the project, right. I’m just extracting
some of the transactions that people made losses and trying to get us on the similarities so that you guys will probably know. Right. Every project will also have some people that makes losses as well. It’s just that coincidentally I’m getting these three projects so that you know, just
based on our study here I just want to share with you guys especially for this live video so that you have a good
understanding, as well. Now I already showed you these three these three transactions. Now has anyone actually
noticed a similarity? Right? Has anyone noticed a similarity? Right? Now actually, if you guys have seen I’m going to share with you guys again now if you guys really
notice and see this carefully now you will notice that
a lot of people bought in 2011 and 2012 and 2013. And they sold their properties in 2017 and even 2018. They actually, in fact, made some losses. Now why is this so? Now in fact, if you
really look at it right I’m probably I will just show to you this. This is a historical chart for the Centris and I want to share with you this. Now this is Centris, right. If you really can see this is the curve. This is the year, right. Can you guys see? This is the year. Now you can really see that the property that the market really picks up 2009, 2010 2011, 2012, 2013. And then in 2014, 2015 it slowly does down. Right? Now, why is this so? Now this is, in 2013 now if you guys really
know the market well that was when the government
actually introduced all the cooling measures and that’s why there is a dip. So we can see for the past 10 years this is the current trend going up to 2013 and going downwards. Right. Now, as you can see
from the three projects that I show to you guys now timing is actually one of the very, very
important factors, as well. Right. Timing is actually one
of the important factors. And I want to share with you something very interesting as well. Now I show to you the three
resale transactions. So why do people made losses in resale transactions. I’ll show you this very interesting study. Now, probably I can say that
some of the three projects people actually bought the early buyer early they probably bought at
a very, very low price. Right. So the property has been on the market maybe 10, 15 years, right. So we have to agree
that they bought at this a very low price. Right. And as the market moves upwards especially during the cooling measure it actually went all
the way upwards, right. And then when the government
introduced the cooling measures this slowly starts to go down. Now why is this so? You can see that these are the people that bought in 2011, 2012 and 2013. 2013. And then the prices dropped. Now, if you buy here and you are selling in this in this area. Now you will see that
you probably bought here and you sold here and why is this so? The people who bought
here at the very low price when the market goes up and comes down here the biggest question is that
these people have a huge gap. These people have a huge profit gap. Now meaning to say even when the market goes downward even the market goes downward these people, if you can see choose to sell and make profit. However, if you bought a property at this area right you will probably make losses at this because the gap is really not a lot. Whereas versus these
people who probably bought at the early stage. Now at this point in time I’m not saying that you guys
have to buy new launches right because you also
have to be very careful because I think new launches right pricing today I think quite a lot of
people are also looking at it and probably should I enter
or should I not, right. I think at the end of the day we really have to
analyze and study whether that would be a good price
for you guys to enter as well. Right I think that this is
something very, very important that’s why I’m showing you this chart. The early people because we have to accept
the fact that those people who bought very early right they’ve already gained this this early pricing. Whereas when the market no matter how it goes probably they already might have a gap Right, and if you are buying
or you are an HDB upgrader and you have probably selling HDB and buying a resale property you probably might enter into this stage. Because the fact that
you might not be able to wait for the new property to come because you want an immediate stay. That’s why you probably will
buy at this stage, right. You’ll be people who
earn this profit margin. Now this I will say will be a safety zone for them but it’s not a safety zone for you. Right so if you really understand
where I’m coming from. So this is something I think you probably should look at it right, and probably should study especially when you guys some of you guys probably
might want to upgrade now and looking for a project or property or upgrade or even worse probably I think some of you might want to buy just another resale HDB. And this is something I think
is important for you guys to take note as well. Right. So what other recommendations
that I want to you know, let you guys know. First of all I think you really, really need to know whether you’re buying for
stay or for investment. Why is this so? Because if you are buying for stay you probably can hold much longer. If you are buying for investment the investment value is important. So these two factors you know I always tell my clients they always want to find
a balance, you know. A lot of people will always tell me “Gaynor I want to buy for my stay,” “but yet I also want
to buy for investment.” Right. I believe that this is true to everyone. Now the importance is we are trying to strike a balance as well. Because if you are buying for own stay there are many factors. If you are buying for investment there is really what you are looking for capital growth. Then own stay may not be you know the factor may not be the
factor, may not be inside. But yet a lot of people they want to strike the balance right which I understand is important that’s why I think, you know we really have to be careful and you really, really need to know your objective your intention in whether you’re buying for stay or for investment. And then from then on we can draw or probably strike a balance. Second thing from these few examples I want to share with you guys is timing. Now buying a property the timing is extremely important. Now selling of the property the timing is also important as well. So these two you know the timing is something that I think you guys really have to to really study. Now as for today, right I think you guys probably have to analyze whether the price is something that is something that you guys should enter. Right so I think this
is important, timing. Because people probably make money because they bought at a right timing and they sold when the market is good. Right. Whereas those examples
I shared with you guys some of the transactions the owner actually
bought at a wrong timing because I shared they actually bought in 2011 or 2012 and at the end of the day they probably need to sell the place. Why? Probably there are many factors. And they have to sell at that price because those people at the early stage probably already could have sold here. So when they sold it here the transaction has already been done the evaluation, the price evaluation has been done so they have no choice but
has to follow in the market. So this is something very important. Timing as well. Now the very last thing I want to share with you guys which I think is the finances. Now why finances? To me finances is something that is extremely important. Now if you plan your finances well you really look into finances well then you are able to know how long you can hold your property. Right, this is extremely important, why? Because if the market if I’m selling HDB and
buying private property now I know that probably if deep down you think that your finances
aren’t strong enough so meaning to say when there is a time that you probably might not be able to afford
the money installment that is where you would
probably think about selling. And the day you think about selling you can only depend on the property market during then. So if the market is bad you probably have to
succumb to that situation however if you are able if your finances you plan it right you plan it good enough and you know that probably the
market may not be that well at the point of time for you to sell. So you are able to tide
through this time as well. So timing sorry so finances is extremely important. So once again I just want
to repeat these three important recommendations that you know if you guys
probably want to upgrade sell your HDB and buy private
property or condominium First of all, you need
to know your intention. Why are you buying? Are you buying for stay? Or are you buying investment? Or are you trying to
strike a balance in between you know and deep down I think that
intention is important. Right, second of course is the timing. Right? Timing is important. Like if you want to buy at this time you probably need to analyze and know whether the price that
you’re buying is right. I really see some of my
friends they are looking I see my good friend Steven. Thanks because I know I help you to buy at the timing that is right. (laughs) You are one of the early buyers, right if you know what I’m saying, right. So, timing is extremely important right. And lastly finances. You really have to plan
your finances well. Meaning you see, you need to know how long you can hold a property. How long you can hold a
private property investment. Right? So I hope this short video this short, live video probably will give you thinker. At least you will know
what are the examples of some bad property investment and at the end of the day you know the stuff you
probably have to look out and watch out for. And if probably you know if you guys have any questions feel free to just PM me
or whatsoever, right. And probably I’ll be there and I will be able to
answer your questions. Right if you guys do have
any questions right now I will probably end this video. Thank you so much for watching and have a good night. Thank you!

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