#95: Herd Mentality Buying, Downpayment Saving Tips & Condo TOP Impact in 2027

Myths and misconceptions often hold buyers back in Singapore’s property market, leaving many unsure of how to maximise returns or navigate rising costs effectively. This week on Nuggets On The Go, Melvin Lim, George, and Yu Rong from PropertyLimBrothers explore deep into the strategies that help investors and upgraders navigate key decisions.

 

They talk about the impact of “coordinated psychology” in new launches, the importance of harmonised floor plans, and why focusing on quantum over PSF can lead to better investment outcomes. They also discuss practical challenges such as saving for down payments, managing the resale versus new launch debate, and reframing monthly instalments as “forced savings” for HDB upgraders. Tackling whether fully paying for property is the best move, the episode provides insights into balancing financial commitments with long-term returns.

 

Learn about the alternative strategies for buyers, practical financial planning approaches, and the impact of shifting interest rates on Singapore’s property market. All these and more on this episode!

 

Timestamps

00:00 Intro
00:57 “What is Herd Mentality?”
02:04 “Why do people buy into New Launch?”
03:44 “Which New Launch should I buy for the most capital appreciation?”
08:25 “Should you fully pay for their property without loans?”
11:39 New Launch vs Resale
15:45 “What is the fastest way for new buyers to save up for a down payment on a New Launch?”
20:54 “Should you keep your HDB or upgrade to a Condo?”
28:25 “Can you upgrade to another property in your Winter Season?”
34:06 A lot of projects TOP in 2027
34:55 Part 2 Teaser
35:24 Outtakes