Tyler Lee Real Estate

23/09/2022

𝐑𝐢𝐬𝐢𝐧𝐠 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬 = 𝐭𝐡𝐞 𝐝𝐞𝐚𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐦𝐚𝐫𝐤𝐞𝐭? 𝐍𝐨𝐭 𝐫𝐞𝐚𝐥𝐥𝐲

While interest rates do play a part in suppressing demand, market liquidity and prices, the correlation is not strong due to bigger market factors like supply shortage and rising rental returns - evident during:

𝐓𝐡𝐞 𝟐𝟎𝟏𝟑 𝐭𝐨 𝟐𝟎𝟏𝟓 𝐜𝐲𝐜𝐥𝐞

Where interest rates remained at absolute lows but demand failed to recover and property prices continued to fall due to declining rental returns, high rental vacancy rates and relentless/ extreme cooling measures from the Singapore Government

𝐓𝐡𝐞 𝟐𝟎𝟏𝟔 𝐭𝐨 𝐞𝐚𝐫𝐥𝐲 𝟐𝟎𝟐𝟎 𝐩𝐫𝐞-𝐜𝐨𝐯𝐢𝐝 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞 𝐡𝐢𝐤𝐞 𝐜𝐲𝐜𝐥𝐞

Where the 3-Mths-SIBOR was incrementally raised to 2% (floating rates close to 3%) but the property market concurrently started a multi-year bull run, erasing 3 years of decline in less than 1.5 years with the SRX Property Index (Private, Non-Landed) eventually rising from 164 to 190 by Feb 2022 (https://www.srx.com.sg/price-index).

Those that purchased a property in the early years of that cycle looked beyond the interest rate hikes headlines and saw a fantastic opportunity due to the starting en-bloc cycle and declining market supply and are now sitting on phenomenal capital gains within a short span of time!

𝐒𝐥𝐨𝐰𝐞𝐫 𝐠𝐫𝐨𝐰𝐭𝐡 𝐛𝐮𝐭 𝐧𝐨𝐭 𝐚 𝐜𝐫𝐚𝐬𝐡

The existing property cooling measures in place make it hard for a crash to happen in the Singapore property market as long as unemployment levels remains low - we are no longer a highly speculative market and the majority (up to 85%) of homes are used for own-stay. My best guess is that growth will slow but continue an uptrend as our supply deficit will take many months, if not years to recover.

The Federal Reserve concluded its two-day meeting Wednesday, with markets widely expecting a 0.75 percentage point interest rate increase.

15/02/2022

has once proved to be an industry leader with stellar results to show for! A huge congratulations to our elite real estate family - your collective effort in 2021 saw us surpassing the $220 MILLION mark in group commission for 2021 - almost DOUBLE of what was clocked in 2020! 💪🏻💪🏻

Although 2021 was a challenging year, each and everyone of you defied the odds with a and emerged victorious. Today, we stand proud as the , and we look forward to once again and celebrating even more of your achievements in the year ahead!

29/10/2021

The new prime location public housing (PLH) model by HDB seeks to curb the 𝗕𝗧𝗢 𝗟𝗼𝘁𝘁𝗲𝗿𝘆 𝗘𝗳𝗳𝗲𝗰𝘁, an effect that has allowed thousands of fortunate families in Singapore to achieve significant cash proceeds from the sale of their prime flats after MOP. We foresee that the PLH will result in:

𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐍𝐨𝐧-𝐏𝐋𝐇 𝐅𝐥𝐚𝐭𝐬 𝐭𝐨 𝐑𝐢𝐬𝐞

🔹 Price increase for existing resale flats in prime areas near PLH
🔹 Higher oversubscription rates for future BTOs in the city fringe
🔹 Demand for ECs to remain unchanged as they are mostly located in the OCR

𝐆𝐫𝐞𝐚𝐭𝐞𝐫 𝐔𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲 𝐟𝐨𝐫 𝐅𝐮𝐭𝐮𝐫𝐞 𝐇𝐃𝐁 𝐮𝐩𝐠𝐫𝐚𝐝𝐞𝐫𝐬

🔹 A significant drop in 𝗦𝗲𝗹𝗹 𝟭 𝗕𝘂𝘆 𝟮 cases from ~15 years time after the first batch of PLH flats in Rochor hit their MOP
🔹 Over-optimistic selling prices for PLH flats on MOP as sellers attempt to maximize profits with an impending subsidy clawback
🔹 Possibility of further cooling measures in the future targeting CPF grants or expansion of PLH definition

What about HDB estates with high SERS potential in prime areas? Relocation flats might be subject to PLH restrictions as well

𝐀 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭 𝐒𝐭𝐞𝐩 𝐛𝐲 𝐇𝐃𝐁

This will definitely increase affordability of public housing in prime areas but PLH applicants will have to weigh the implications of a longer MOP and subsidy clawback on their asset/property progression journey.

Will I still get priority for flats in prime locations if I am going to live near my parents? Here are the key features of the model and considerations behind them.. Read more at straitstimes.com.

29/10/2021

Don't miss this mega mixed development in the heart of Holland Village, District 10.

𝐎𝐧𝐞 𝐇𝐨𝐥𝐥𝐚𝐧𝐝 𝐕𝐢𝐥𝐥𝐚𝐠𝐞 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐜𝐞𝐬 𝐛𝐲 𝐅𝐚𝐫 𝐄𝐚𝐬𝐭 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧
✅ Hip area among locals and expatriates
✅ Wide array of lifestyle and F&B amenities
✅ Excellent transportation network
✅ Proximity to nature and greenery
✅ One-stop lifestyle hub for
✅ Mixed development integrating residential, retail and offices

𝐋𝐚𝐫𝐠𝐞 𝐂𝐚𝐭𝐜𝐡𝐦𝐞𝐧𝐭 𝐀𝐫𝐞𝐚 𝐁𝐨𝐚𝐬𝐭𝐢𝐧𝐠 𝐇𝐢𝐠𝐡 𝐑𝐞𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲
✅ One North Business Park (5min Drive)
✅ Orchard Road (10min Drive)
✅ NUS (10min Drive)
✅ Alexandra Business Park (12min Drive)
✅ CBD (15min Drive)
✅ Marina Bay Financial Centre (15min Drive)
✅ Singapore Science Park (15min Drive)
✅ Mapletree Business City (15min Drive)

𝐌𝐞𝐬𝐬𝐚𝐠𝐞 𝐮𝐬 𝐟𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨 𝐨𝐫 𝐭𝐨 𝐬𝐜𝐡𝐞𝐝𝐮𝐥𝐞 𝐚 𝐬𝐡𝐨𝐰𝐟𝐥𝐚𝐭 𝐯𝐢𝐞𝐰𝐢𝐧𝐠.

28/10/2021

Is this the beginning of the next en-bloc wave? It is still a tad bit early for a next major wave to begin, but new launch inventory is running low and we are beginning to see keen interest from developers for freehold en-bloc opportunities in the market.

Do you want to ride the next en-bloc wave and possibly strike your next pot of gold by buying into a development with high en-bloc potential within the next 5 - 10 years? Drop us a call or message for a free non-obligatory discussion now!

UOL Group and Singapore Land Group (SingLand) have clinched a tender to purchase Watten Estate Condominium (WEC) in what may be the biggest collective sale in Singapore's residential market so far this year. Read more at The Business Times.

28/10/2021

Canninghill Piers integrated development launching on 20th November 2021. Preview slots are FULLY BOOKED 👏🏼

𝐌𝐞𝐬𝐬𝐚𝐠𝐞 𝐮𝐬 𝐧𝐨𝐰 𝐭𝐨 𝐠𝐞𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐩𝐫𝐞𝐯𝐢𝐞𝐰 𝐰𝐚𝐢𝐭𝐥𝐢𝐬𝐭!

03/10/2021

𝐃𝐨 𝐲𝐨𝐮 𝐥𝐨𝐯𝐞 𝐚 𝐜𝐨𝐧𝐝𝐨 𝐮𝐧𝐢𝐭 𝐰𝐢𝐭𝐡 𝐥𝐚𝐧𝐝𝐞𝐝 𝐯𝐢𝐞𝐰?

This is for all you property seekers out there looking for condo/apartment units with unblocked "landed view". While one might think that these views will remain unblocked for many years to come, the truth is otherwise as not all landed homes are built within landed zones.

In such cases, which is common in Districts 14 & 15, a collection of adjourning landed homes owned by a single or few owners could be redevelopment into medium to high rise condos/apartments. There goes the "landed view"

Read more at: https://www.edgeprop.sg/property-news/wee-family-puts-portfolio-houses-thiam-siew-avenue-sale

03/10/2021

This is your last chance to purchase a condo that is less than 2 minutes walk from MRT at $7xxK!

1 Bedroom units from $7xxK
2 Bedroom units from $9xxK

𝐓𝐡𝐞 𝐂𝐨𝐦𝐦𝐨𝐝𝐨𝐫𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐝 𝐛𝐲 𝐉𝐁𝐄 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬
✅ Exclusive development with only 219 units
✅ Estimated TOP end Dec 2024
✅ Less than 2 minutes walk from Canberra MRT
✅ Efficient layouts with 1BR to 5BR (with Private lift) units
✅ Close proximity to many amenities, eateries, education institutions & shopping malls

💎 High quality finishes and luxury fittings from Italian & German brands
📈 High potential for future growth due to major transformation in the North

Launching soon!

Message us for more info or to schedule a showflat viewing.

05/09/2021

📈 or 📉 ? Is Singapore Real Estate on Track for a Strong and Sustainable Recovery? Looming cooling measures?

Our Key Findings:
🎖️ 5 consecutive quarters of growth for Singapore private property market
💉 Domestic and international re-opening is on it's way due high vaccination rates achieved
💵 Singapore GDP growth forecast for 2021 increased to 6%-7% (previously 4%-6%)
🏢 HDB Resale market at an all time high, with Resale condo transactions rebounding strongly in July

Our Key Analysis:
👍 Recovering economy, wage growth and loose monetary policies forms a bullish thesis for Singapore private property
❓ We can't rule out the possibility of looming cooling measures, but we are confident that with strong holding power and a portfolio of good value properties the risks can be hedged

✍🏻 Read our more detailed analysis at https://bit.ly/38saCBC

Message us to understand how you can be better prepared for the future that’s ahead!

Our analysis on three factors supporting the strong recovery of Singapore's real estate market - raised GDP growth forecast, rebound of condo resale volumes and surging HDB resale volumes and price index

05/09/2021

⚓ Canninghill Piers new launch previewing early Oct 2021

Built on the site of the former Liang Court, Canninghill Piers is an upcoming integrated development in the heart of Clarke Quay - Where you can eat, live and play in one place

Key Features:
🔢 696 residential units from 1 bedroom (409sqft) to 5 bedroom (2,788sqft), Sky Suite (2,874sqft) & Super Penthouse (8,956sqft)
🌇 Tallest residential development along the Singapore river offering panoramic views
🚇 Direct basement link to Fort Canning MRT, minutes walk to Clarke Quay MRT
🚗 Short drive to the CBD, Orchard, Marina Bay and other iconic places of interest
🛎️ Wide range of facilities and concierge services for residents
🥂 Restaurants, bars and entertainment right at your doorstep
🛒 Integrated with a shopping podium managed by CapitaMall
💰 High strategic investment potential and strong rental yields in the area

✍🏻 Read our review at https://bit.ly/3jxgXBK

Message us for more info or to schedule a showflat viewing!

Canninghill Piers, the high-end integrated development in the heart of Clarke Quay taking over the site of former Liang Court. Read on to find out why we think this development has high strategic investment potential in the Singapore property market