The NOTG team answers collated questions from our NOTG group chat on Telegram! Thanks to all our participants for your valuable contributions, which have culminated in this episode.
Melvin Lim, Grayce, Yu Rong, and Joan discuss the ripple effects of the new harmonisation rule on the perception of buyers. Because of the 'adjusted' PSF prices, it might change the way buyers look at a property's size in the future. The team also talks about the power of leveraging real estate as good debt and paying down your mortgage—should you or should you not? Find out the answers to your questions right here!
Want to be part of the discussions about all things real estate? Then join our NOTG Telegram community at t.me/notgpd, where like-minded individuals discuss everything about Singapore property. The NOTG team is inside to answer all your questions!
(00:00:00) Introduction
(00:01:29) Harmonisation
(00:05:34) Shift in sizes after harmonisation
(00:07:19) Harmonisation PSF & Lentor Mansion Performance
(00:15:55) No 1-bedders in Lentor Mansion
(00:16:36) Pay down a mortgage or leverage
(00:24:52) What will happen if interest rates goes down.
(00:25:35) Money is a form of energy
(00:28:24) Bitcoin surpassed silver
(00:30:19) Leverage on good debt
(00:33:02) Afraid of money
(00:35:48) Yu Rong's bad investments
(00:39:05) Bitcoin is a asset
(00:40:46) Understand your investments
(00:43:31) Next Episode...
(00:44:00) Outtakes