Transcription
Let's be neighbors. I'm going to buy two. Two. The air is the freshest here. Gardens by the Bay, the view so nice. Number one, so excited because we engage the same ID for our home. Well done, so well done, oh you. I was told to also use this light for our house. Come, guess this one. How much is it? 100? 200? This one, 600 for one piece, because it's designer. Designer! Wow. Here, 1, 2, 3, 4, 5, 6, 7. 4,000 plus. My room also looks something like that. See, got similarity, right? The two lights because same designer. Oh, look at the view. You can see my… from here. My…
Now let's summarize. Location is super good. I super love the area. NBS, which is my dream, and UK flyer. So I'm going to give nine. Launch pricing this area. Show one until they don't remember themselves. And the best of all, MRT are no people on the MRT. Is solely for you. For that, I'm going to give 7.5 as a strategy. Anything that you buy here, buy one, ber two, ber three, ber up to 10 ber. You make so much money until you can sell this later on, and you can buy yourself a good class bungalow. This is a stepping stone to your good-ass bungalow, and you shouldn't miss this opportunity in your lifetime. First of all, first a ta, first-mover advantage. So I'm going to give eight. Overall salary score 8.2 stars. What's the percentage? So on launch day, I will guess 88%, and my wife super positive 98%. Yeah, this is the reason why I give good… 10 minutes later. One Marina Gardens by Kingsford. Everyone call it OMG. Top 2028, 2029. Wow, look at the view, so beautiful. Left, right, up, down, center. You see blue car. If you are my ful… by now you should know that I love mega project, and is fantastic. Located right smack in an area with no one there. And in this article, I saw this project will offer home buyers first-mover advantage, or super date, or maang date. This is the location for One Marina Gardens, in this no-people area. Uh, I don't even know is OCR city fringe or core.
Now I'm going to share with you why the developer thought of such a catchy name. Because when they bid the land, they got it at 400 per square ft per plot ratio. You know, when you win something, you will be very happy. M… then they realize there are four beers. Do you see the main joker here? No. Is the fourth beer, Japura Development, because they only bid for 200 per square feet. Japura don't like that. This is Singapore, not Bot. We know what you did, but you got our attention. And the second beer, Goken and Hongong Group, bid for only 985 per square ft, which means Kingsford got it at 42% higher than second beer. OMG, take note. This was so… on June 2023. This bidding… until the next land site beside OMG is sold. There, Goken got the land beside OMG at 984 per square feet per plot ratio, and they are the only one who bid the land. So what this tells you… but luckily I sold my previous new launch very high price. If you know, you know. Then one month later, in February 2024, URA rejected Goken’s bid. If they approve… now you understand how the name comes from. I tell you why this area is oy. Because when you want to go to my favorite 10N shopping mall, you need to walk 17 minutes to Marina Bay, and it will take you 30 minutes to my favorite 10N shopping mall. Compared to Lurian, is less than 30 minutes, man. So this area is Oala. I'm not sure why the Marina South MRT is not working now, because if the MRT is available, it will take you maybe less than 15 minutes. So for now, I'll treat this project as O. Yeah, I got some time. Let me fly my drone and show you the views. Okay, let's fly up. Oo, wow. Do you see MBS, and your void deck is Gardens by the Bay? Look at the views, so nice. Woohoo! Well, you see unblock view, but uh… when you look at the master plan again, you can see that there's a lot of white plots, other land plots here. And look at the plot ratio: 4.2, 5.6, 5.6 is the same height as you. Then got 10, 10, 4.2. Wow. And I calculated there will be 200 more condos surrounding you. And what's the great thing? All these 200 buildings will be completed immediately when you collect your keys. Huh? You still want to see site plan? Can. No problem. You got big balls. There are two blocks. One, two. Swimming pool and… Io… where is my favorite T? I can't find it. Where? Minus one. Minus… this project power. There are 937 units, only has 284 car park lots, which is how many%? 30% car park lots. It's time for you to buy bicycle, my friend. Hya… who buys car, right? People who buy such luxury property, you should have private jet already. I have a solution for you: go to your nearest neighbor, go and buy season parking for them. Because Marina One Residences got 155 car park lots, and they got 142 units, so should have spare. I'm very concerned because you are the first-mover advantage. What does first-mover masang date mean? You look at the site plan again. There's nothing to eat. One, the nearest food you can buy is East Coast McDonald's, and the nearest Kopitiam to you is about 35 km away. Very fast by plane, 1 hour only. So you want food delivery, you open your Foodpanda, Food Hoggy, Food Kangaroo, you will say unavailable. This is the reason why this plot is pink color plot, because pink color means residential with commercial at first story. Means here must have some shops so that you can survive. Maybe got supermarket, hopefully. But don't worry, I have a brilliant plan. I am looking for investors to buy one of the shop… I got such big balls like you to buy a unit there. I am finding investors to rent a shop there. Just show me your OMG pass, then I sell cheap beer to… after discount is $15, and all the drinks, kopi, ting, all the pau cha, one for one at $20 each. Now I got another concern. All these shops, is it managed or not? Even the developers want to manage the shops. Do you think the shops here will survive, because you are the only people that they can sell to? You. We don't want developers manage the shops in the first few years, then after that they sell, then later on what will happen to the shops? You know, you will be more convenient. Maybe your special massage parlor, seeing center, and don't forget, sure got money lender. You know how hard is to do this review? I need to think so many jokes just for this. Talking about good school here. Yeah, people buy here, where go? Think about school. One. I have found something perfect for your kids. It's called the Independent School, bam! Because it is the only school that has full English.
Now let's look at unit mix. 937 units. Yeah, let me tell you, 100% buy for investment. One. Come on, who stay there? Yeah, maybe you are single. You… how to… your boyfriend, girlfriend? Hey, come on, look at my view, it's so beautiful, isn't it? I'm trying to talk like Shannon, but I don't have that… that slank. Yeah, don't you… don't you like the view here? Hey, don't keep laughing like you're very bad. Now the fun part. Let me show you what's the indicative price by the developer for every floor type, and the average price. And my average size is the mid of the building. One-bed, 420 ft², starting from 1.16 million. My average 1.23 million, 2,930 per square ft. So cheap! First-mover advantage, cheap, right? Io… many people will tell you, hey, you can see F price is already oh higher than this price. Well, here is under value, because you can see blue… blue thing. Two-bed, two-bath, 646 ft², not bad. This developer got standard. Has two-bed, one-bath, starting from 1.8 million. My average 1.9 million, 2940 per square ft. Many of your friend… my friend… my agent will tell you, Io is below 2 million. Where to find? Where to find? This is the perfect, perfect value that you should buy now. Let's go for something bigger for you to stay. Don't bluff, you won't stay. One, three-bed, two-bath, plus store room, 904 ft. Amazing, man! This 904 square feet… go… store room is very good layout. Many people who buy three-bed, two-bath, is because of their tight budget, because if they want to buy something with store room, it will cost 2300k more. This is like the best of the three-bed, whereby it's not the premium one, is the cheaper version of the three-bed, but you got your store room. From 2.45 million, my average 2.6 million, 2880 per square feet. Your very good friend, agent, will tell you where to get such a price, and they will tell you… don't forget… you look at NBS, I scare… you look at NBS too much, you may want to gamble one day. Oo… got this layout even more perfect. Three-bedroom… dual key, 969 ft. And your friend… my… will tell you you should buy this, because to get the very good rental… yh… you can rent out to two sets of tenant. And if you want to have higher rental, you can do illegal… hey, no… cannot do illegal. Minimum is six months of tenancy, not three months. If you get caught, you will need to stay at District 17 already. Both are open concept kitchen. The better type of trip is one side can walk. Why yo… this is so cheap. Set by your friend… my average 2.79 million, 2,880 per square ft. This is a walkway channel, still below 3 million. Come on now, uh… we only buy more than that. Let's go to three, three-bed, 1012 ft, average 2.9 million, 2,860 per square ft². Meaning if you don't have 2.8, 2.9 million, you don't even need to walk. Hey, in this project… stay here, just see the view and eat the wind full already. Four-bed, four-bath, 1,647 ft. This type, I will buy from 4.45, 4.45 million. My average 4.7 million, 2,850 per square ft only. Friend of me… agent will tell you… come on, friend, what are you waiting for? This is the best deal that you can buy at this price, and you can see the blue… brew… brew car… see views.
Now I'm going to share with you whether you'll buy this project and become a giant huay or become a giant tau. To know whether developer is launching this at a good price is to check the surrounding projects over here. Unfortunately, there's nothing here as you can… but I found something that you can use it to compare, which is your very similar neighbor called Marina One. Just like you, you are One Marina, everyone. You like to hear gossip, right? You naughty, naughty. In the recent years, I remember there's this property group, don't know call what… and friends or minions. Huh? Why make enemies, because I don't even have friends in the first place. They are very famous because they keep asking people to buy CBD properties due to having good rental income. They encourage their minions to buy this project called Marina One, because they say that the rental yield there is good. But in my Haqu channel, not only we want rental, the most important thing… yes, you are correct… we also want capital appreciation. Remember the wise man has said this: rental income will only make you comfortable, only capital appreciation will make you rich. The wise man is your walkway leader. Now let's check out what's the performance for Marina 1. Marina 1 Residences, 2017, 042 units. The view also fantastic. One best comparison, right? Which is about like your size. And look at the profile for Marina 1: 51% Singaporean, 30% foreigner. This shows you something already, right? Diagram back in 2014, when Marina 1 is launched, only 20 units sold at Marina 1 on first day of public sales, which works out to be 1.9% of the entire project. They launched in 2014. So by now, this kind of size, they have tons of profitable transactions. Amazing! Bravo, bravo! 17 profitable transactions. So proud of you. One bought in CO, made 130,000. Not bad at all. Two-bed, 10 years, made 56,000. Two-bed, this time, 4 years, made 73,000. Look at all the profitable transactions: 130, 56, 73, 111… don't have anything that has more than 200. Let me find the best, which is this two-bed, bought for 9 years, made 196,000. Now let me show you the unprofitable transactions. 28 unprofitable. Wow. Three-bed, bought in CO… wow… your dog and cash slap you until they want to recognize you. One-bed, 5 years, 32,000. One-bed, 11 years, lost the entire leg. Another one, 11 years, lost another leg. What happen if you buy these two units? No more legs. Law! Wow. Look at the rest. Wow… this one diary don't even have soul. Never mind, never mind. Let's be positive. Now let's check out the market value of this project by looking at their recent transactions. Well, not bad. Had quite a good resale transactions. I saw one outlier, level 19, both are one-bed, so for 1.9, and level 24, only 1.5 million. Both are about the same type of facing. So this 1.9 million transaction is super sus. Let's quickly look at the per square ft here again. If we ignore this, is about 2,000ish per square ft, and three-beds here is about 2,168 per square ft. Now let's do the age gap together. Marina One and One Marina. Let's call your One Marina OMG. Marina One is completed 2017. Your OMG, if complete in 2029, it will be 12 years gap. Means is 600 per square ft difference. Let's say we use 21 per square ft² for Marina 1 three-bed. OMG should be selling at 2,700 per square ft. Then by now you should know whether OMG is good or disgusting already. Every time when people tell me, Eric, I'm staying at Murray… why I hear Marina… I straightway walk away already. Means you still not convincing. Never mind, I show you Marina Bay Residences. W… sounds super good. Marina Bay Residences, 2014, 428 units. Also very good resale volume. Let's see how much the seller made for this one-bed. Bought for 9 years, made 30k. How about this seller of the two-bed at 2.1 million? Wow. Bought in 07, 18 years, lost 386,000. Wow. Recently got people buy this size for 6 to 6.3 million. Let's see how much they made. The first one, 10 year, lost 550,000. The second one, only hold for one year, lost 600,000. If you sell more than one year, less than 2 years, is 8% there. And they sold 6.3 million, that means they lost another 500,000. So this fella lost 1.1 million in 14 months. Everyone… I… I… I… I… I can't… I can't continue. I did a fun research: the nearer you are to the MBS, the more true your project is. So if you can see your MBS, or you can't even see… this project, man… let's summarize location. I like it because I really like to buy something that can see NBS, but I realize any condos that look at NBS are all true, and they got no good school, that got no supermarket, nothing there. You are literally first-mover advantage, or masang. So for that, I'm giving six. Launch pricing. If you really like this area, I rather you go and help those people lose money. Those who bought… what… Five on Shenton, and uh… all the project name with Marina… they are more than happy that you help them lose money by buying the units from them. I believe you go to all the property portals right now, I can guarantee you there are tons of listing there which has put up there for 10 years and no one have been buying them. You can see the resale projects here is only like 2,000 per square ft, 2,000 plus per square feet, and you are going to buy at 2,89 per square feet. So if the Apple is going to stick to this price, I will be giving three. Exit strategy. You must understand why the response here is no good. It's because there isn't a lot of demand here. Is very inconvenient. Looks nice. You go to work very easy. Go to school? No school. Go to eat? No nothing to eat. Go to supermarket? Nothing to market. But don't worry, I have a brilliant plan. If… if not, you can sell to the network, or call the… what… friends and minions. Huh? Why make enemies, because I got gun. Now all the people who told me they have such project name like Marina or what… in Marina area, or Marina 1, One Marina, Marina Bay, Marina C, Marina D… well, all don't end up very well. So for that, I'm giving two. Overall service score 3.7 stars. Now let's have some fun. What's the estimated… so on launch day, in this sellers market, I super ultimately positive 20%, and my wife 15%. This… my company's WhatsApp number: 860 0670. Don't… don't… everyone… don't… uh… go and find your friend. Oh, there are tons of good projects coming up. I hope you make your wise decision. But if you still want to buy, I really pray hard that every buyer of OMG, you buy… really… 3 years later… you… until… so… until I don't recognize you. So that the rest of us will… until giant… giant. I hope you like this review, and I see you in my next video.