Thanks for watching Indder:)

Appreciate it Rohana❤️

Mind to share which property is it?

Welcome to Malaysia Arkitotoyz!!

@@coeurblanc4999 We chose Country Garden, Danga Bay. Same developer as the Forest City which was controversial during the past couple of years. I suggest you visit the area and see the community.

@@iherng Thank you! Pleasure to be greeted by you.

Adding on, because it's strongly propped up by rental income as well. ANY location in SG also can find tenants. So even if the HDB-buyers can't afford it themselves, they can simply stay with parents and let the rental fund the mortgage. Average 4-rm flat (~800sqft) costs 450k - 500k now, after subsidies it can be about 350-400k. They can rent out the entire unit for about 3k, or 2 rooms for 1k each and even staying in it themselves. At 2k monthly, it's already 24k per year, about 6% yield AND living in it. If rent out whole unit, it's 9%. Singaporeans can also take HDB loan of up to 90% unit value which say a 300k loan, 2.6% (HDB loan is always at this rate), only about 1.6k monthly. So possibly can cover mortgage, earn some money, AND still stay in it. I am not even considering property price appreciation which seems to be going up non-stop for past many years already. So what Sean said is true, if you can buy HDB, SURE CHOP earn money, it is literally impossible to not earn money if you get a HDB unless world war 3 breaks out or something.

@@xSerizawa the rental rate were driven up due mainly to the influx of Expats from North Asia and other parts of Asia. It's true HDB owners are suddenly enjoying the win fall which is a great opportunity for them to have that extra income. Renting out a HDB is different from a Private Property as you need HDB approval (Subjected to HDB terms and conditions ) before you can lease out the whole unit applicable to BTO & MOP. Unless one its taking it at your own risk. Let's hope the high rental yield will continue to benefit the HDB dwellers!

@@xSerizawa renting out HDB is another story. Not everyone wants to stays with strangers or can stay at parents place. I think Sean is referring to capital gain. Capital gain on BTO is confirmed after MOP. But resale is another story, recently those 1 million resale HDB is hard to have capital gain due to the lease decay. Furthermore when you look into HDB price history, when you bought it at peak, you might need to wait like 10 years to come back at the price you bought. Eg. 2013 > 2020 The price index shows HDB bought at 2013 break even at 2021. Not all HDB makes money.

data.gov.sg/dataset/hdb-resale-price-index

so you also invest in My properties? How about Sg properties?

Hahahahahaha!!

That’s provided they’re not working lah. But they can always apply loan while still being in payroll mah hehe. Well unless the rent is collected by a company, then there’s a payroll or dividend payment scheme from the company to the applicant then it can be considered. Great question!! Let me make a full episode on this;)

Thanks for sharing Aaron. How I wish I can do so too hahahahaha. The main issue is by the time I accumulate the required cash, the property price would have increased. Then it will be a never ending chasing game. Even if I have the said cash, it makes more sense to still get loan but park the cash into the account to knock off the interests. In this case we get the flexibility for emergencies. But for me, I would definitely put my money in some other investment assets because housing loan is one of the cheapest financing product to leverage on.

@@iherng Hi Sean. I see what you mean. If your intent is to also invest in other asset classes, then it makes sense. But a food for thought, if you think about the amount of rental money that channels into the banks after the full loan tenure is paid up, even considering that it's coming from tenants, you would start to reconsider your strategy. That's what happened to me. The banks are using the owners to make interest margin returns on properties. With the increasing interest rate we are facing now, it just helps the banks more.

@@leeaaron7856 Why would you care that banks earn interest from you if your rental can breakeven with your mortgage? You could have owned 3 or 4 property instead of 1 if you leverage correctly. After 30 years, yes you paid more interests to the bank, but you also got yourself more property than you would have if you didnt. Imo, you could have used the money to leverage more and buy another property even if you are not investing in other asset classes. The key is to make sure you dont overleverage yourself and have enough safety margin to play with. But of course some people have diff level of risk appetite, it s not for everyone. I myself would consider putting extra money, say 1 or 2 years mortgage amount into the flexi account just to be safe before considering buying another and leveraging for more.

@@goldenamour3730 You see, it really depends on what your investing strategy is. If your strategy is to acquire as many properties as possible by leveraging from banks, then you will have to run at a higher risk of much higher costs because of very low returns. This puts the investor at the mercy of the banks to which he owes. For me, its not about how many properties I want to own, it's about maximizing the returns on each property that I have. I would rather have 1 property fully paid, enjoying 100% returns than 3 properties, leveraged 70% and only earning 30% returns. And, a property leveraged at 70% contains a floating interest rate cost which is not controlled by the owner. So it boils down to your investment model at the end.

Well that's the best lah!!

They can only buy private property and the 60% stamp duty doesn’t make sense to them at all for investment.

@@southadam yes,correct,only non hdb...60% is crazy!least costing priv prop in sg how much?sgd 1mil upwards?

That would be the logical way actually Nazrojean, but SG government is strongly against using property as an investment tool! That’s why even when they got capital, they need to invest outside of Singapore. The property market in SG would be far worst in affordability if there aren’t any cooling measures in place.

@@nazrojean7128 non studio? 2 bedders- 1.5mil onwards. Studio too expensive for psf

@@iherng there is an influx of hot money into the private property from the “east”. The 60% deterred. This is the so far harshest cooling measure for foreigners. As for local, first property still 0% absd. Some might not owned HDB but stay with parents, could afford the private property.

20%

@frederickho348 I read it's a whopping 30% for foreigners 😥

I think he covered this a while ago. For him, even if he has the cash, he'd take the loan. Because his ROI is higher than the 4% interest from loan. Then use the extra cash to invest in another property or elsewhere.

Mainly because of it's complete amenities with the proximity to KL City Center.