April 05, 2024

Leveraging Real Estate, Paying Down Mortgage & Property Vs Crypto | NOTG EP 59

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 Introduction
01:29 Harmonisation
05:34 Shift in sizes after harmonisation
07:19 Harmonisation PSF & Lentor Mansion Performance
15:55 No 1-bedders in Lentor Mansion
16:36 Pay down a mortgage or leverage
24:52 What will happen if interest rates goes down.
25:35 Money is a form of energy
28:24 Bitcoin surpassed silver
30:19 Leverage on good debt
33:02 Afraid of money
35:48 Yu Rong’s bad investments
39:05 Bitcoin is a asset
40:46 Understand your investments
43:31 Next Episode…
44:00 Outtakes

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