#93: Multiple Property Investment, Financial Readiness & New Launch vs Resale

2024-11-29

This episode of NOTG references Ian and Grace, a married couple in their late 30s with a clear goal: to invest in multiple properties and assets. Like many investors at this stage, they face challenges such as rising interest rates, uncertainty about timing, and a lack of clarity on their next steps. George, Alexa, and Yong Zhun from PropertyLimBrothers dives into strategies tailored for those aged 35 to 45 with high earning power. They talk about essential in-and-out strategies to unlock capital growth while tackling ...

George, Alexa, and Yong Zhun from PropertyLimBrothers dives into strategies tailored for those aged 35 to 45 with high earning power. They talk about essential in-and-out strategies to unlock capital growth while tackling today’s market challenges critical considerations for property investment, from assessing financial readiness—loan amounts, income, mortgage terms, and MCST costs—to balancing needs and wants.

Plus, find out what are the red flags to watch out for to avoid costly mistakes. Boost your confidence in property investment decisions. Tune in for thoughtful strategies, real-life examples, and expert frameworks designed to elevate your property journey!

Timestamps
00:00 Intro
00:51 Real estate buying seasons
01:47 Summer season recap
02:26 Introduction of personas (Ian & Grace)
04:57 Estimated TDSR/MSR values (and options) for Ian & Grace
06:17 Recommendations for Ian & Grace
12:02 Jurong area developments
16:19 Punggol/Seng Kang area developments
18:19 Property options for Ian & Grace in the Jurong area
22:32 Property options for Ian & Grace in the Punggol/Seng Kang area
25:44 Financial calculations for Ian & Grace
32:54 Buy 2 resale vs buy 1 new launch
36:33 Financial calculations for Ian & Grace (continue)
38:14 Alexa's client case study
40:02 Calculations for new launch
41:15 Alexa's client case study (continue)
42:20 Things to take note before buying into a property (sudden changes in your life, economy and policy)
43:27 Other investment options and investment tips
55:29 Non-landed Private Historical Price Index graphs
1:00:06 "Buying the Wrong Property"
1:02:21 New Launch vs Resale
1:04:36 Own Stay vs Investment
1:07:09 Closing Statements
1:10:45 Part 2 Teaser
1:11:23 Outtakes