#21 Why 99-year leasehold landed homes shouldn’t be overlooked!

NOTG - Nuggets on the Go by PropertyLimBrothers

Gateway into Singapore's Landed Property Market.
Register your interest at our in-house seminar now!
https://www.propertylimbrothers.com/bsel-pollen-collection/
Is it worthwhile to consider 99-year leasehold landed properties? Melvin Lim from PropertyLimBrothers delves into this subject, using the brand new 99-year leasehold landed homes at Pollen Collection as an example. Pollen Collection, developed by Bukit Sembawang Estates, is neither a condominium or cluster house, nor is it freehold or 999-year leasehold. So what factors make Pollen Collection and other 99-year leasehold landed homes a compelling investment?
By comparing conventional landed properties with cluster homes and condominiums, we can assess the criteria that determine the desirability of entering a landed property market in the present era.
(00:00:00) Introduction
(00:01:10) Understanding landed properties
(00:02:27) Category of homes
(00:04:10) Minimum entry for properties OCR zoning
(00:04:23) Budget of below $4 mil
(00:07:29) Fundamental difference of living in different property types
(00:08:44) Cluster housing vs pure landed
(00:10:51) Calculating PSF
(00:11:40) Buying old 99-year pure landed
(00:12:43) MCST fees
(00:13:32) 3 Choices for condos/apartments
(00:17:04) Disparity effect
(00:17:57) Buying a property in OCR area with $1,400 PSF (Price gap)
(00:18:35) Lease reset calculator
(00:22:18) Is resale cheaper?
(00:23:01) Price gap of brand new and resale
(00:23:53) Available supply in Singapore
(00:27:24) Herd mentality
(00:28:17) Future launches
(00:28:52) Conclusion
(00:29:39) Bloopers
Watch the video on our NOTG YouTube Channel:
https://youtu.be/jINURPcJ0fY