Prices in landed segment were up 3.7% in the three months from July to September while prime condo prices in the Core Central Region were down 3.8% q-o-q
With the sprout of properties vying for investment, how do we determine which are the resilient properties that can withstand time and changes in the economic landscape?
Why is the Singapore property market resilient?
From 2009 onwards, the Government intervenes by introducing a series of cooling measures to ensure a stable and sustainable property market.
These cooling measures were introduced to cool the property market due to the rapid escalation of residential property prices.
Singapore took less than 2 years to rebound back to its PPI peak in Q2 of 2008.
The PPI (Private Property Index) increased by almost 55% from Q2 of 2009 to Q4 of 2011!
1. LTV (Loan-To-Value)
To protect property buyers from over-borrowing, the Singapore government has set an LTV limit for bank housing loans.
The LTV limit defines the maximum home loan amount a bank can grant you as a percentage of the property’s market value (i.e. its valuation)
This prevents a property buyer from over-leverage.
2. ABSD (Additional Buyer’s Stamp Duty)
It is a tax that is levied on top of the BSD (Buyer’s Stamp Duty, a tax that property buyers have to pay when they purchase a property).
If you’re a Singaporean citizen, ABSD applies to you only when you purchase more than one residential property.
This prevents a property buyer from over-commitment.
3. TDSR (Total Debt Servicing Ratio)
TDSR refers to the portion of a borrower’s gross monthly income that goes towards repaying the monthly debt obligations, including the loan being applied for.
A borrower’s TDSR must be less than or equal to 60%.
This prevents a property buyer from over-borrowing.
All of the above cooling measures will prevent the reasons that created the property market crash during Q2 of 2008 to Q2 of 2009 caused by the distressed sellers.
4. A Healthy Ratio Of Owner-Occupied Property
According to the annual stress-testing by MAS, the results indicate that households’ MSR (Mortgage Servicing Ratios) would remain manageable under ‘stressed’ situations. Under a severe stress scenario of a 10% fall in income, on top of a 250 basis points increase in mortgage rates, the MSR for the median household remains below 60%.
Resale condos see strong sales again in September with prices stable: SRX data
This segment highlights the overview of the landed properties segment in Singapore, analyzing the trends of landed versus non-landed home prices today.
What’s different about Landed properties?
Watch as we analyse the market performance of landed properties and evaluate their growth prospects
Thank you for registering for the upcoming Singapore Property Show 2020! Jointly collaborated by PropNex, Mediacorp and 99.co, the upcoming online event is the highly anticipated event in the real estate industry!
IMPORTANT: REGISTER FOR A ZOOM ACCOUNT to watch the LIVE webinars this weekend!
Conversation with CEO Ismail Gafoor – Is investing in Real Estate a safer bet?
Investment comes in many forms. While many invest in gold and stocks, there are also a pool of investors who are always looking out for good property buy that can generate the highest returns. Are they really making a safe bet? What kind of returns can one expect from real estate?
SAT, OCT 10, 2020 11:00 AM
Achieve your asset progression with 3 proven must-know strategies – Cijay Tew
Cijay Tew, Senior Advisory Associate Branch District Director @ Propnex
Are you looking to achieve Asset Progression in the long run but not sure where to start? What are the 3 proven must know strategies to kick-start this journey? How can you determine the RIGHT PRODUCT, best fit for your lifestyle and your financial abilities?
SAT, OCT 10, 2020 12:00 PM
3 key elements of a good CCR investment by Marcus Luah
Marcus Luah, Senior Advisory Associate Branch District Director @ Propnex Realty
Private residential transactions have increased for three consecutive months. What are the prospects and future actions to be taken? Find out the key elements of a good CCR investment and the exit strategy to ace in your investment.
SAT, OCT 10, 2020 12:00 PM
3 key criteria to help you select a choice property in the east coast – Aaron Wan
Aaron Wan, Associate Group District Director @ Propnex
You have heard the East Coast plan. With all the exciting development in place for the East, you will be missing out if you do not leverage on these plans today! Find out what are the 3 key criteria to secure the best buy in this plot of gold!
SAT, OCT 10, 2020 1:00 PM
Retire early with survival tips on financial planning & CPF policies – Alfred Chia, CEO Singcapital
Alfred Chia, CEO @ SingCapital
Is it possible to achieve financial freedom even with mortgage loan? How can we understand the different policies (Tax and CPF) to work on our financial planning?
SAT, OCT 10, 2020 2:00 PM
What is a branded residence & how to own one – Bobby Sng
Bobby Sng, Senior Advisory Associate Branch District Director @ Propnex Realty
We have heard plenty about branded bags and shoes, but what is a branded residence? What kind of lifestyles await you by owning one such property? Learn all the interesting facts and how you can possibly own one in Singapore!
SAT, OCT 10, 2020 2:00 PM
Real estate investment – Is this the Right Time? – Kelvin Fong
Kelvin Fong, Executive Director @ Propnex
Is there ever the RIGHT time to enter the property market? Can YOU, a property buyer or investor ever TIME the property market? Join in this informative webinar by ED Kelvin Fong as he shares his insider strategies in property investment.
SAT, OCT 10, 2020 2:00 PM
How To Tackle Space Constraints In Your Home by Rezt & Relax
Wilson Teh, Managing Director @ Rezt and Relax
Renovation tips and Effective Space Utilisation are hot topics in recent years -especially with space constraint constantly being one of the major considerations when doing planning. Find out from entrepreneur and Interior Design veteran, Mr Wilson Teh, about how to tackle this constraint effectively!
SAT, OCT 10, 2020 3:00 PM
How to identify a property that has strong growth attributes – James Gan
James Gan, Senior Advisory Associate Branch District Director @ Propnex
Why is it important to know what are the key factors that will determine the growth attributes of a property? Find out the proven key factors that you must know before your next purchase to enjoy a strong growth at the point of exit.
SAT, OCT 10, 2020 3:00 PM
How to look at a masterplan to avoid risk and identify super opportunities – Nizam Gafoor
Nizam Gafoor, Associate Branch District Director @ Propnex
Many of us may be aware of what is happening around us in Singapore but we do not know how to interpret these developments and how it will influence our daily life, economy and employability. Find out how to identify the risks and opportunities behind these developments.
SAT, OCT 10, 2020 5:00 PM
Ultra High Nett worth individuals and the things they buy by Tricia Lim
Tricia Lim, Associate District Director @ Propnex
Why did the Ultra-High net worth individuals (UHNWI) choose to invest Singapore? What are the intrinsic values taken into considerations when they choose the property? Tune in to this session for the insights of UHNWI and why they are willing to pay for the objects they desired.
SAT, OCT 10, 2020 5:00 PM
How to identify a resilient property with a proven organic rental demand by Jeron Lee
Jeron Lee, Associate District Director @ Propnex Realty
With the sprout of properties vying for investment, how do we determine which are the resilient properties that can withstand time and changes of economic landscape? Learn the foolproof method to identify one.
SAT, OCT 10, 2020 5:00 PM
Real Estate Tech Talk – How Home-owners, Buyers, Sellers and Investors in today’s market benefit from it.
Eddie Lim, Vice President @ PropNex Realty
With the involvement of pandemic, many have turned to digital means for different aspects in life. The same applies to real estate practices as more tech savvy individuals transact properties via online. In what other ways have we benefited from technology? How will this continue to evolve in future?
SUN, OCT 11, 2020 10:00 AM
Invest right – 5 ways to make your property work for you – CEO Ismail Gafoor
Ismail Gafoor, CEO @ Propnex Realty
Let’s face the fact – Investment is a big word. \ What are the key considerations to ensure that your investment works right for you? Hear directly from the property front runner as CEO Ismail Gafoor reveals the 5 techniques which make your investment journey a breeze.
SUN, OCT 11, 2020 11:00 AM
What do affluent home buyers look out for in premium homes? Is price their only deciding factor? by Glynis Koh
Glynis Koh, Associate Division Director @ Propnex Realty
How is a premium home different from the other residential homes? Location? Pricing? Or furnishes? Tune in for the checklist commonly used by the affluent home buyers in their property purchase
SUN, OCT 11, 2020 11:00 AM
Your Home and Fengshui by Mark Tan, CEO WayFengshui
Mark Tan, CEO @ WayFengshui
Coached by his Father, Grand Master Tan Khoon Yong, to be the successor of Way Fengshui Group, Master Mark Tan has led Way Fengshui Group to be a role model in the fengshui industry. By preserving ancient wisdom and making it relevant to modern society, Master Mark will show you his fengshui analysis for your home.
SUN, OCT 11, 2020 11:00 AM
HDB, Executive Condominiums and Private Property; what is the best choice for you? By Bobby Sng
Bobby Sng, Senior Advisory Associate Branch District Director @ PropNex Realty
A common dilemma faced by first-time or new home buyers – which type of property should they go for their new homes? Besides financing and pricing, what other aspects should be taken into considerations?
SUN, OCT 11, 2020 12:00 PM
How to determine the best options for home owners by understanding the key criterias in investment by James Gan
James Gan, Senior Advisory Associate Branch District Director @ PropNex Realty
With this current turmoil in the market, is it safe to just hold on to your existing property or should you seize this opportune time to invest in property? How do you determine which is best action for you at this junction of time?
The 3 stages of property investment by Kelvin Fong
Kelvin Fong, Executive Director @ PropNex Realty
Unlock the best strategies for a sound investment journey. Understand the 3 life stages of a property and what you should consider before making that big-ticket purchase and being a private property owner and investor.
SUN, OCT 11, 2020 2:00 PM
10 things you should know for HDB home owners by KEO Lim Yong Hock
Lim Yong Hock, Key Executive Director @ PropNex Realty
The crucial question that we should be asking today is whether this is the RIGHT time to UPGRADE. Are there any HIDDEN OPPORTUNITIES? What are the options available and how can we ride on the golden opportunity to maximise our chances of upgrading?
SUN, OCT 11, 2020 3:00 PM
The Downtown Story: An Essential Guide to Integrated Development and Masterplan Transformation
Tammy Sim, Associate Branch Director @ PropNex Realty
Undoubtedly, the downtown has transformed over the years. With the unfolding of URA Masterplan, what other concept planning are in store for this billion-dollar integrated development? Why are the investors drawn to this plot of land?
SUN, OCT 11, 2020 3:00 PM
Journey to the west, the full bloom effect of the governments’ billion dollar plan by Benjamin Tan
Benjamin Tan, Associate Branch District Director @ PropNex Realty
With a billion-dollar plan put in place for the transformation in the West, we are expecting the area to develop as the next Central Business District with the largest automated terminal in the world and Asia’s ranked no. 1 university. How can we benefit from these government’s plans?
SUN, OCT 11, 2020 5:00 PM
4 ways to leave a real estate legacy for your loved ones – Garry Tan
Garry Tan , Senior Associate Group District Director @ Propnex
Have you ever thought of leaving a legacy for your loved ones and future generations? What kind of property enable you to pass on this legacy?
SUN, OCT 11, 2020 5:00 PM
The 5 Elements Of Property Investment During A Crisis By Eric Tan
Eric Tan, Associate Group Director @ PropNex Realty
In the current times of pandemic, how has the expectation and checklist of property investment evolved? Can we still follow the success elements proven during pre-pandemic? Buff up your real estate knowledge with the 5 elements to take note of when committing to any property purchase.
SUN, OCT 11, 2020 5:00 PM
How to maximise your gain by leveraging on the 1st mover’s advantage by Ken Ng
Ken Ng, Advisory Associate Branch District Director @ PropNex Realty
Tapping on the growing popularity of the RCR segment and learn what are the key considerations of a good investment. The factors that will allow you to make a well-informed decision in these uncertain times.
