HDB’s Resale Portal, Pros & Cons of New Launch Condos, & Property Investment Cycles | NOTG S3 EP 67

New Launch 101! George and Yu Rong talk about all there is to know about new launch condos—their current appeal, how to buy one, its processes and risks, their pros and cons, how to analyse factors such as price comparisons, layouts and locations, buyers’ remorse and more recently, the impact of the GFA harmonisation!

But before that, the duo shares their thoughts on HDB’s newest resale portal, which aims to provide a more transparent and seamless transaction process for buyers and sellers, which is great news for existing homeowners! However, will it completely rule-out the assistance that a real estate agent could provide? What about when managing complex transactions, such as concurrent buying and selling, and over certain timeframes, or even when talking about portfolio planning?

All these enriching insights and more on this New Launch 101 episode on Nuggets on the go! Speaking of new launch condos, have you always thought of investing in a new launch condo but find yourself hesitating, afraid of making the wrong choice, or perhaps overwhelmed by the options? Compare 80+ condos in 10 hours at PLB New Launch Convention 2024 on July 7th, 10 am - 8 pm! 1 day, 10 speaking sessions with 6 keynotes by industry experts from PropertyLimBrothers, sharing exclusive PLB frameworks for choosing the right condo! Join 3,000 like-minded new launch buyers to gain exclusive frameworks to secure your dream home.

Early bird tickets now available at $7, sign up here: bit.ly/plbnlc24

00:00 Intro
01:26 New resale portal by HDB
09:49 PLB New launch convention
11:36 Upcoming Launches in 2024
14:37 2024-2025 average PSF
18:09 Bay window era
21:05 Why buy new launches?
24:22 Pros of new launches
33:40 Cons of new launches
51:25 Paying attention to details
58:36 Profile of new launch buyers
59:36 2024 new launches project performance
1:02:25 Sale and purchase cycle
1:08:55 Next Episode Teaser

#PropertyLimBrothers​ #notg #podcast

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