Facebook Co-founder Eduardo Saverin owning one of the 4 penthouse at The Orchard Residences.

Dear Beloved Home Owner,

Are all the super-rich foreign investors buying your ideal location at sky price? Eduardo purchased a 5,000 square foot penthouse unit at The Orchard Residences at more than $4,000psf!!

Not to worry!!

We have saved the best for our Fellow Singaporeans!

Missed out on the opportunity to invest in a property with high potential upside? Missed out on the Phrase one of the Belgravia Villas Project?

Fret Not!

Belgravia Green will be launching soon in mid-Aug 2018!

A Clustered House Project that is in the District 20, with Condominium Facilities, 24/7 security protecting your vicinity!

Want to Find Out MORE? Wait No MORE!!
Contact me now!
Email : Kenny.lee.sj@gmail.com
Contact No. : +65 96236667 / +65 6100 0898
Line/Instagram : KennyLSJ
WeChat : KennyLeeSJ

Comments

Why property investors should take note of SIBOR and SOR rates

Dear Investors, As some of you may not know, some of the banks loan from other banks to finance themselves in order to loan money to property buyers. In general, most mortgage loans in Singapore are priced at a “premium” to 3-Month SIBOR, though there are fixed rates available. For example, a mortgage loan can be priced at 3-Month SIBOR + 0.8%, meaning banks will make 0.8% profit margin on the loan after paying 3-Month SIBOR to a lender. If 3-Month SIBOR is 0.77%, the total interest could be 1.57%. SIBOR or SOR based home loan packages in Singapore are typically structured to allow borrowers to determine what their interest payments will be until the end of the loan tenure. Below is an example of a typical floating rate mortgage loan in Singapore. Example Floating Rate SIBOR Package: Year 1: 3 Month Sibor + 0.75% Year 2: 3 Month Sibor + 0.85% Year 3: 3 Month Sibor + 0.95% Year 4 (onwards): 3 Month Sibor + 1.25% A floating rate loan could be a cheaper source...

Property Investment is not equivalent to 100% profitable

Dear Property Investors, Keep this in mind! There will never be a definite profit investment! Even when you are buying the same project. Project Address Size sqft Sold Date Sold Price Sold PSF Bought Date Bought Price Bought PSF Profit Percent Holding Days THOMSON GRAND 17 Sin Ming Walk XX - XX 1,421 Oct-17 S$1,830,000 S$1,288 Apr-12 S$1,969,646 S$1,386 -S$139,646 -7.09% 2,023 THOMSON GRAND 17 Sin Ming Walk XX - XX 1,582 Jul-17 S$2,000,000 S$1,264 Apr-12 S$2,017,783 S$1,275 -S$17,783 -0.88% 1,935 THOMSON GRAND 17 Sin Ming Walk XX - XX 1,636 Jun-18 S$2,200,000 S$1,345 Apr-12 S$2,094,080 S$1,280 S$105,920 5.06% 2,253 THOMSON GRAND 19 Sin Ming Walk XX - XX 1,356 Oct-17 S$1,680,000 S$1,239 Mar-12...

Should I BTO this Nov 2018?

Surely, many of you are thinking, should you grab the first pot of gold that the govt. is giving to us as Singaporeans. That is pretty much depending on your financial ability and, is the returns from the 99 years property worth it to lock yourself down for 8 - 9 years? (3 - 4 years building time, 5 years MOP) owning a 3 - 5 room flat probably 50 - 70% the size of the older flats. Facts and Figures Source from HDB So does it make sense to buy a 3 - 5 room BTO, getting grants and then pay it back via resale levy in cash subsequently when you to upgrade to an EC? Where you are being locked down for 8 - 9 years to make a pinch of profit after renovation costs ($30,000 - $40,000), resale levy ($30,000 - $50,000), and accrued interests. If you are unsure of whether you are financially ready for an EC/Condo, where I was shocked when doing market research only to find out more than 30% of the couples (25 - 30) are actually financially ready to get their own EC. In the 30%...

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