#25 Will Condo Quantum Hit Its Limit?

Today on NOTG, we’ve got a fresh perspective from Lyndon, Assistant Listing Executive at PropertyLimBrothers. Watch this insightful discussion on the difference between the property markets in Hong Kong and Singapore, as well as some misconceptions people may have on the value of renovation from a buyer vs seller’s perspective. With the trend of the market, will we eventually reach a point where people simply decide that condos are too expensive to afford? Join the crew in exploring the charts and data from PLB’s Research Team, to shed some light on the trends in the property market. Do keep a look out for Part 2, where we’ll continue our discussion on the recent eye-catching property headlines. Don’t miss another engaging and informative episode, and be sure to drop us an email at insights@plb.sg for access to the charts shared in this episode! (00:00) Introduction (03:38) Article: Climbing property ladder harder? (04:29) Lyndon's BTO Story (06:24) Renovation calculation (10:52) Balloting for BTO (12:20) Lyndon's stack facing story (14:29) Knowing your renovation budget (19:24) Singapore is more expensive than Hong Kong (35:00) Buying into a private property (36:30) Real estate market forecast (45:24) Joanna and Jevin real estate journey (46:28) 5 years cycle (49:32) Private properties becoming unaffordable in the future (56:25) Singapore's old money (58:46) What will happen to all the 99-year properties? (1:00:59 Conclusion (1:03:16) Bloopers https://youtu.be/amVgs91M8hU