#JoeNgPropertySolution, achieve your retirement simple and earlier.
#JoeNgPropertySolution, achieve your retirement simple and earlier.
Freehold properties
remain a popular choice among many because they offer the advantage of avoiding lease decay.
Furthermore, they grant owners the luxury of passing down a legacy of their property to future generations just like many landed properties. I called this generation capital saving.
Connectivity
As is common knowledge in Singapore, properties in close proximity to MRT stations generally perform better than those situated farther away.
Mattar Residence is strategically positioned with just an 4-minute walk to Mattar MRT station.
No.1 Rule, how to identifying Under Value properties at the right price tag which are base on 3 Factors:
📌PRICE GAP!
📌SAFE BET! Old price tag!
📌My golden rule!
Firstly, why are
freehold properties good to go into right now?
It is due to the
price gap
between a 99-year leasehold and freehold is very
narrow. It goes to show that the freehold market has yet to go through a price adjustment, hence getting one is the
perfect time now!
Would you consider to buy just based on this?
Perhaps you would like to consider doing more research.
As we can see above, the price of a 99-year leasehold current new Launches in the Mass Market in red average psf is between $21xx to $24xx psf, and RCR in blue average psf ranges between $2,3xx to $2,5xx psf.
If you had the chance to get a FREEHOLD property next to MRT in RCR new Launches that start from only $21xx psf near MRT, a old price tag back in 2021,
Would this be considered a ✅ Safe bet purchase?
Based on the bar chart below, the existing RCR FH new launches have already transacted an averagely between $2,4xx psf to $2,7xx psf.
And if you had the chance to get a FREEHOLD property next to MRT in RCR new Launches that starts from only $21xx psf near MRT ,
🚫🚫This provides you with ✅ double assurance
"✅ Safe Bet " on making the purchase.
Demand and supply
Not awarded Freehold En bloc.
The only way to obtain a brand new Freehold development at present is through the en bloc process, which involves acquiring existing land from property owners. Based on the asking above of both RCR Freehold projects, this indicates that future Freehold land will not be cheap.
How do I determine my exit?
With upcoming Mass market and some RCR new launches are going to price with estimated psf $2,4XX psf and above,
And if you had the chance to get a FREEHOLD property next to MRT in RCR new Launches that starts from only $21xx psf near MRT ,
Can you see the opportunity now?
At the end of the day, we want to purchase something that is not only safe but have higher probability of future upsides – that would be having the ✅ best of both worlds.
No.1 Golden Rule.
When a New is Cheaper than Old!
Certainly, the latest iPhone models often come with a higher price tag compared to older ones, even its come with better specs.
But what if I told you that there's a way to snag the newest model brand new at a price lower than its predecessor when comes to property.......
With reference to the chart above, we can see that the RCR and Mass market resale properties are already averagely transacted between $2, 0XX psf to $2, 5XX psf.
Therefore, Mattar Residence is a brand-new, Freehold developer unit near MRT with a starting price of $2,1xx psf, new cheaper than old.
I call this 2024 Window Oppounities‼️
Buy low Sell high strategies‼️
🚫🚫🚫This further provides you with greater assurance.
‼️Important point of ✅" safe bet " to note: buy something that others are already willing to pay in the existing resale market!
Taking the example from above, if you are looking to purchase something in the same area that costs more than $2, 7XX psf, I would consider it a risky move because that is a price tag that is not tested.
Still not convinced? Look at the case studies below when a New is cheaper than old…….
Till this point, you would agree with me that, it's time to Seize the moment Now or Never.......
Therefore, if you are keen on spotting or analysing properties or to also understand the other important factors or our 8 Golden Rules checklists to be followed when choosing the right property with Good Potential at the same time with lowest risk?
Do reach out to me on WhatsApp @ 90265006 so that we can schedule some time for an in-depth discussion since what we are dealing here are big ticket investments that easily cost more than a million of your hard-earned dollars.
Nevertheless, there’s no obligations, just a pleasure to share property knowledge with you and to add another friend to my network.
Once again, thank you and hope to hear from you soon.
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@Joe Ng Property Solution, achieve your retirement simple and earlier.
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Joe Ng XH Propnex Realty Pte Ltd
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