Mr. Wee, you shared your thoughts, opinions trustfully and truthfully. If it's bad, you'll say it's bad, if it's good you'll say it's good.
@alanweeproperty
Ай бұрын
I try to be objective as possible. But sometimes in life. U can't be too truthful too...correct? 🤣 Becos must know who the paymaster. So some I rather don't talk about it at all.
@user-gp5ls5iz7x
Ай бұрын
Mr. Wee, I enjoyed watching your videos very much. You are the "BEST." I also watched other videos. You are still the "BEST."
@alanweeproperty
Ай бұрын
Wow, thanks...I still have much to learn n improve.
@liamporter1137
Ай бұрын
Well said. Thanks for sharing.
@alanweeproperty
Ай бұрын
My pleasure!
@teohyc
Ай бұрын
Your analysis is better than some bank economists 😂
@alanweeproperty
Ай бұрын
Wow. Serious boh. Mine is bizzard analysis.. 😆
@ahnana833
Ай бұрын
Not that I don't want to rent out to WP holders, the profile run away. Overcommit to rental $3500 for few months. For me as landlord I get to withhold deposit but the hassle of clean up, pay another commission to get another tenant. Might as well hold up for better profile tenant to save on headaches.
@alanweeproperty
Ай бұрын
agreed too. esp if some monkeys do illegal subletting. that is a real headache!
@m6879-hd7if
Ай бұрын
i just moved out from 1-br condo to a 2-br HDB in an even better location, with 30% more space but for the same rental. And i'm happy with the "upgrade" so far
@alanweeproperty
Ай бұрын
Enjoy staying in hdb flat. Convenient and practical living.
@user-gp5ls5iz7x
Ай бұрын
Mr. Wee, the 94 years' leasehold Piccadilly Grand is more expensive than the Freehold SOHO 188? Thank You, Mr. Wee.
@alanweeproperty
Ай бұрын
Ya...becos that why even its freehold but when u go inside. U are transport to another 🌎...that the problem. Freehold also no use.
@steventay5834
18 күн бұрын
Who to blame if there is really a bubble and it burst?
@alanweeproperty
18 күн бұрын
only can blame themselves....everyone buy or sell with their eyes open.
@shurakishi4707
Ай бұрын
Regarding renting out to foreigners. Some types like work permit holders definitely landlords will want to avoid. Scared of them running away or defaulting of rental. The worry is not about renting the 5 work permit friends. The worry is that because each of them chip in for rental and when one run road u are left there to suck thumb. The other issue is that some of these foreigners bring their own habits from home country to here. You may be inclusive. But can you say that for your neighbours?
@alanweeproperty
Ай бұрын
Yes. U are right. I lately also learn a lesson too.
@clementng7718
Ай бұрын
Thanks for sharing, Alan. Insightful 👍👍
@alanweeproperty
Ай бұрын
My pleasure!
@srituah
Ай бұрын
I agree with ur opinion.
@alanweeproperty
Ай бұрын
thank u. i also feel too....very soft rental today...
@mchan1970
Ай бұрын
This will be good news. When d property mkt crashes, Govt will remove or reduce d absd? You think this will ever happen?
@alanweeproperty
Ай бұрын
Yes...we can see a few years back. When the market start to soften. SSD was adjust from 4 to 3 years. Then what happen next. Everyone knew...
@eddyliew7540
Ай бұрын
Alan, thanks for your informative videos. Is a 2BR resale unit at Gem Residences, Toa Payoh, a good investment at current pricing ? Mthks
@alanweeproperty
Ай бұрын
Buy for rental? I never study them in depth.
@eddyliew7540
Ай бұрын
Alan, likely more for capital gains over a 5 yrs holding period. While holding, renting out is part of the plan too. Thanks
@alanweeproperty
Ай бұрын
@@eddyliew7540 can explore the new condo in tpy by CDL.
@wtIUpITp1E0wMsydV19c0FUmIXvCU
Ай бұрын
Lots of Singaporeans forget that the property market is a cycle. There are ups. There are downs. Buying any asset at highs is just plain risky and when the down cycle comes, that is when those who do not have the holding power would sell first. I will be taking out my popcorns then
@alanweeproperty
Ай бұрын
True. This market is very strange. It's like durians...u see ppl buy. U also buy. When Nobody buy. Really no one buying.
@billtay2839
Ай бұрын
Just wondering if my Clementi Central 3 room HDB flat currently rented out at 3.3k has any further upside potential.
@alanweeproperty
Ай бұрын
No more....party over.
@steventay5834
18 күн бұрын
@@billtay2839 You mean will rent go higher? $3,300 is already a very good rent in today's market
@steventay5834
18 күн бұрын
Don't pray pray with property. You must have holding power. Otherwise, if you lose your job, you can be in deep trouble.
@alanweeproperty
17 күн бұрын
Yes. Rule of thumb. 12 months of installment as contingency.. LTV secure 65% instead of 75%. And buy good properties. U can sleep soundly every night.
@steventay5834
17 күн бұрын
@@alanweeproperty Life is not so simple..
@chaz4609
Ай бұрын
😅Jai Hind. Now at long last, we Indian foreign talents will no longer have to rely on the Ah Longs for backup in order to pay the Super rentals as in the past.
@runrundanny
Ай бұрын
make sense.
@alanweeproperty
Ай бұрын
Thank u
@yclam4224
Ай бұрын
Thanks
@alanweeproperty
Ай бұрын
wow. thank u. first time receiving that. i will check if i have recevie it. You make my day. i dont even know what is that! i will use that for charity. thank u for your generosity.
@chinchowpowpook
Ай бұрын
Leedon green, latest top,, resale unit 2 mil for 700sqft 2 bedder but rental is 4.5k( some hdb do even better than this) Jiak sai Liao..D10 performance like that,think all those OCR like Amk Amos or Yishun new launch likely stairway to heaven n laosai when TOP
@alanweeproperty
Ай бұрын
2.7% still decent leh. less everything 1.7% net....
@chinchowpowpook
Ай бұрын
@@alanweeproperty waste time..for that mere %
@1965Singaporean
Ай бұрын
My daughter 4room hdb rented out for 4.3k. near Boon keng mrt. They bought 560k BTO. They want to sell I stopped them and advice to rent out. Vote PAP for more good year 😂
@beny.5736
Ай бұрын
Just sell and wait for Eric Chiew #1 new launch lor 😂
@1965Singaporean
Ай бұрын
@@beny.5736 😂😂😂 I no comment on this guy. My daughter and SIL have a better adviser. 😂 Free some more.
@beny.5736
Ай бұрын
Rental cannot cover mortgage still not so jialat. As long as can cover the interest component, still ok 😌
@alanweeproperty
Ай бұрын
Savvy investors!
@thepreciousstones4789
Ай бұрын
Ours is avg $6.3 psf pm, near good school. Latest data.
@alanweeproperty
Ай бұрын
U huat! Hdb or Pte?
@user-ur8zb9xp7l
Ай бұрын
Uncle, can you wear a less Clown shirt ?
@alanweeproperty
Ай бұрын
intesting request....
@gosaperdek303
Ай бұрын
10:02 thats why i never had girl that look like model - all are the worst type. go for mid types, those will hawk tuah one.
@alanweeproperty
Ай бұрын
Hahahah...also go for those motherly type... So next time if u have kids. U can relax. 😁
@steventay5834
Ай бұрын
Of course lah. If you have no rental income, you will be forced to sell
@alanweeproperty
Ай бұрын
yes. that is the tipping point we going to see today.
@dantofl8811
Ай бұрын
@@alanweepropertyI am waiting for that to happen leh. I sold my newly TOP condo in one of the names you mentioned but finding difficulty to buy another one now. What is happening is that for the same layout in same condo the sellers are asking for at least 100psf more than the latest transacted one. That translates to 100k-150k higher than last transacted. Like that how to commit. And more often than not after I shun the unit, a few weeks later it was sold at close to seller asking price.
@alanweeproperty
Ай бұрын
@@dantofl8811 selected TOP condos are still moving. Esp for ppl buy for own stay. Sell 1m hdb. What do they buy?
@laopokcar
Ай бұрын
Don't think there will be a tsunami. It's at worst a slight correction from the covid high. Once elections over, floodgates to a certain dubious country will open wider plus we will attract PRC millionaires looking to park money in a safe property market.0 Now the official narrative to abide by is that supply is sufficient, prices are stable. But just look at the ever increasing million dollar HDB sales....
@beny.5736
Ай бұрын
Just reduce asking rent lor. As long as rent can cover mortgage can liao. Especially since rates dropping soon, mortgage should be easier to cover next year 😂
@tritonyeah
Ай бұрын
"deh"? or "they"?
@dantofl8811
Ай бұрын
Ask long as you understand la. And I agree his pronunciation is quite bad. 😂
@alanweeproperty
Ай бұрын
Indeed truth. I don't have A1 for English. But i think I am billlingal enough to speak well in my mother tongue plus dialects. No one is perfect but we all strike to do our best.
@williamsoh7595
Ай бұрын
To me, it is the content that matters. Keep up the good work, Alan!
@runrundanny
Ай бұрын
@@alanweeproperty we understand what you say can liaow. You are not here teaching England right?
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