Yu Rong, Jesley, and Marc from PropertyLimBrothers discuss the current issue of new launch prices being too high, and have sales have remained strong in spite of the high prices. They examine how bank valuations and market forces interact to determine these prices—Jesley describing this interaction as a potential flaw—stressing the importance of informed investment decisions and a deep understanding of market dynamics.

The team explains the difference between momentum and value investing in real estate. They emphasise the need to ensure new launches have the potential for price appreciation and discuss factors influencing momentum in the property market. They also discuss how different unit types and views (e.g., lake-facing) affect pricing and demand, highlighting the significance of unique architectural features and facilities in driving interest and creating a strong market presence. For more exciting insights, stay tuned to this new launch-focused episode of NOTG!

Ever considered investing in a new launch but hesitated, afraid of making the wrong choice or feeling overwhelmed by the options? Analyse over 80 projects in just 10 hours at the PLB New Launch Convention 2024 on July 7th, from 10 am to 8 pm @ Suntec City Convention Centre, Hall 404! Get ready for a day packed with 10 speaking sessions, including 6 frameworks shared by industry experts from PropertyLimBrothers, who will provide exclusive PLB frameworks for choosing the right projects.

Tickets are still available! Sign up here: bit.ly/plbnlc24.

Timestamps:

00:00 Intro

03:56 New Launch Convention Sharing

07:46 New launches are too expensive?

12:14 Momentum Investing

14:39 Dairy Farm Residences first launch, not much sales

18:14 64 new launches in 1 year

21:20 Only new launches will make money?

24:24 Resale vs New Launch buying behaviour

28:50 This two are 100% guaranteed profitable

30:46 Continuing Professional Development (CPD)

31:46 2018 Cooling Measure, 11PM announcement

35:23 Indicators of when developers will drop prices

38:10 Buying the wrong unit by mistake

40:05 Feng shui

43:16 Floor levels in condos are not important

44:20 Sora 80% lake view, which floor level would you select? (Tree Analysis)

50:27 One stack, same price (Reverse FOMO Effect)

52:25 Purpose of your purchase / Yu Rong is a Value Baller

54:45 Facing can give you a 10% to 15% price difference

56:50 Choosing the right facing

01:03:13 Benchmark PSF

01:04:52 Proper floor plans efficiency

01:09:15 Selecting the right unit

01:13:47 MRT impact to new launches

01:17:25 Are MRTs really that important for new projects?

01:20:20 "I don't want to be near MRT"

01:24:30 Projects to keep a look out

01:33:16 Outtakes