Is IRAS clamping down on the 99-1 ABSD Loophole? | BTO vs Resale | $1.2m Condos snapped up | NOTG

Video description from @notgpodcast

The NOTG team Addresses some concerning news about 99-1 ABSD “loophole”, as well as foreigners seemingly undeterred by the ABSD and setting up family offices in Singapore. Joining Melvin Lim, Yu Rong and Grayce with some inputs today is Jun Wei, one of our Associate Listing Managers!

Understandably so, many are worried for the next generation and whether they will be able to afford public housing. Will there be further divergence from the different property types with the introduction of new cooling measures? Timing the market could mean getting priced out from waiting? Find out our takes on all this and more, on this week’s Nuggets On The Go!

00:00 Introduction
02:57 '99-to-1' loophole
05:58 Thoughts about the latest news of '99-to-1' property deals
12:17 High-net-worth foreigners setting up family offices in Singapore
13:49 Why do high-net-worth foreigners setting up family offices in Singapore?
16:15 Soft to Hard to Harder Asset (High-net-worth foreigners)
18:22 Thoughts about high-net-worth foreigners parking their wealth in Singapore
20:07 What is the next move for the high-net-worth foreigners in Singapore?
23:54 Will the HDB prices plateau?
29:51 Will there be a detachment in pricing of other property types from HDBs? (part 1)
32:56 How much will you profit of when the upcoming BTOs when it MOP
45:01 Is there a undersupply of private properties?
46:48 Is it going to be harder to upgrade to private properties in the future?
57:18 Will there be a detachment in pricing of other property types from HDBs? (part 2)
58:39 Transactions by Purchaser's Residential Status from 2018 to 2022
59:42 BTO vs Resale (For young couples what is the fastest route to accumulate downpayment?)
1:07:24 BTO vs Resale (Producers thoughts)
1:13:48 Behaviour of Average Gain of New launch, Resale and TOP properties
1:15:59 What is 26 to 40?
1:16:49 PSF Chart for Sims Urban Oasis, Clement Canopy and Botanique at Bartley
1:21:35 When should you sell? (Botanique at Bartley)
1:24:28 Ki Residences price before and after MRT Station was announced
1:33:23 Conclusion

#PropertyLimBrothers​ #notg #podcast

---------------------------------------------

List of Links

PLB
Our Main Website: https://www.propertylimbrothers.com/
YouTube: https://www.youtube.com/@PropertyLimBrothers
Facebook: https://www.facebook.com/PropertyLimBrothers
Instagram: https://www.instagram.com/propertylimbrothers/
TikTok: https://www.tiktok.com/@propertylimbrothers?_t=8bGHSPOB81i

NOTG
Website: https://www.propertylimbrothers.com/notg-series
YouTube: https://www.youtube.com/@NotgMelvinLim
PLB Insights Website: https://www.propertylimbrothers.com/read-all/
YouTube: https://www.youtube.com/@PLBinsights
Facebook: https://www.facebook.com/insightsbyplb
Instagram: https://www.instagram.com/insights_plb/

Webinars: https://www.propertylimbrothers.com/webinars/

PLB Landed Convention Sign-up:
https://www.propertylimbrothers.com/landed-convention-2023/

Melvin
About Melvin: https://www.propertylimbrothers.com/our-story/
Facebook: https://www.facebook.com/melvinlimwk
Instagram: https://www.instagram.com/melvin_propertylimbrothers/
LinkedIn: https://www.linkedin.com/in/melvin-propertylimbrothers/

TO LIST YOUR PROPERTY
https://www.propertylimbrothers.com

CONTACT PLB HOTLINE AT
https://wa.me/6597457388

NUGGETS ON THE GO
Spotify: https://spoti.fi/3u8UFsR
Apple Podcast: https://apple.co/3cvBaEH

SOFA SO GOOD
Spotify: https://spoti.fi/2PdqqSs
Apple Podcast: https://bit.ly/plb-sofasogood

Disclaimer of NOTG Podcast:
https://propertylimbrothers.com/disclaimers-copyright/

"This podcast is for informational and entertainment purposes only. The views and opinions expressed on this podcast are solely those of the host and guests, and do not necessarily reflect the views, opinions or positions of any individuals, organizations or companies mentioned or discussed on the show.

The content provided on this podcast is not intended to and does not constitute legal, financial, or professional advice, and is not a substitute for professional advice. Listeners should not act upon any information provided on this podcast without seeking advice from a professional.

The host and guests on this podcast make no representations as to the accuracy or completeness of any information on this show or found by following any links mentioned on this show. The host and guests will not be liable for any errors or omissions in this information nor for the availability of this information. The host and guests will not be liable for any losses, injuries, or damages from the display or use of this information.

Listeners of this podcast assume all risks and responsibilities for any actions taken based on the information provided on this podcast. The host and guests disclaim any liability for any claims or damages that may arise from reliance on the information provided on this podcast."