VNH Property Consulting

As you may already know, Real Estate has Boom and Bust Cycle

Evergrande: the end of China's property boom | FT Film The rapid expansion of China's property sector was powered by a great migration from the farms to the cities - and built on cheap credit. The FT tells the st...

IS YOUR HDB FLAT A GOOD ASSET?

There was a hot debate recently that if HDB flat, with its 99-year lease, is an asset or not. In our opinion, it can be. The importance is how you deal with it. Given that more than 80% of Singaporean own or stay in HDB flats, it is clearly an important part of our life. We are given 2 chances to book for a new flat and can buy resale flats in the market. With the help of CPF, it can help us to own one with little or no cash outlay. Of course, you still have to pay the monthly installment for the housing loan if your CPF fund is not big enough. But again, your CPF monthly contribution comes to rescue one more time.

So how to deal with HDB flat so that it becomes an asset or even a remarkable investment. Let us look at it this way. Since you got the HDB flat with little or no cash down, you are already saving a lot on your cash, and then your rental should you not buy but rent a place instead. You can make use of CPF, even before you reach the age of retirement. So, use it. Imagine you have to rent a flat at $1000 to $2000 of your own cash – This is the amount you can save for your next investment.

HDB flat can become a significant investment if you buy it in a Right Location and at the Right Time. For example, if you buy a 4-room flat in Queenstown from HDB at a price of $450,000. Five years later, you can sell it at $800,000. You make an easy $350,000. For some, you can retire with this amount of money. Of course, many will say it is very difficult to get a Queenstown BTO flat. Well, you can always try your luck in the balloting (Given that you are not in a hurry to get a new flat). My strategy would be you find a place to stay first (Your parent house, or even a resale flat at a reason price in Yishun or Sembawang, which does not cost you an arm or a leg). Since you are not in a hurry to get a new flat, strike your first try with a Queenstown BTO or Sale of Balance. You might just get one with a higher chance since it is your first time applying. Just one very good deal can make your life much easier afterward. If at your time, the offer of Queenstown flat is not a lot, well, you still have the alike like new flats in Clementi, Toa Payoh, East Coast area, etc (I have not even mentioned the centre area as it is quite rare). There you go, you are on the way to make a good investment out of a HDB flat.

My other piece of advice for HDB flat is: Don’t keep it for too long unless you are already a millionaire and comfortable to stay at that flat for the rest of your life. As the flat is aging, the value may drop. Especially in those locations where there are many flats like Sengkang, Pungol, Yishun. It a big No No to buy in such locations as the competition is too large when you want to sell your flat. Choose the location wisely. So, choose the Right Time when your flat is on the demand (after 5 years of MOP), SELL IT.

To play this Property Game, you need to ensure your income is enough to cover your monthly expenses. Don’t be put in the situation where you are forced to sell your flat. It is worst when you are to sell your HDB flat during a crisis (SARS, Financial Crisis, etc). So be prudent in your spending. And you will get there with just one or two good deals.

AN

The ticking time bomb of the 99-year-leasehold HDB flats A letter published in the Straits Times claimed recently that the promise of owning a 99-year-leasehold HDB (Housing & Development Board) flat as an investment for old age is no longer valid today. The letter writer, Ronnie Lim Ah Bee, pointed to the announcements by National Development Minister La...

This will be useful if you do business or invest in Vietnam

At a glance: Taxes in Vietnam Read more at The Business Times.

With the latest cooling measures kicked in, it's time to look for alternative investment

New property cooling measures announced: Higher ABSD rates, tighter loan limits SINGAPORE: The Government announced on Thursday (Jul 5) that it is raising Additional Buyer's Stamp Duty (ABSD) rates and tightening loan-to-value ...

An article about whether foreigners can buy landed property in Vietnam. Basically the answer is no. However its still possible if the landed property belongs to a big project, like strata title landed property

Người nước ngoài có được mua nhà phố riêng lẻ ở Việt Nam? Người nước ngoài có được mua nhà phố riêng lẻ ở Việt Nam không? (nhà phố không thuộc dự án). Nếu được mua thì hình thức sở hữu ra sao, thủ tục như thế nào?

Buying properties overseas usually is more challenging than buying locally. But quite often, it is rewarding if you can mitigate and eliminate th risks involved. Getting a local consultant who know the market and help you in each step will help you to manage the risks and ensure a smooth process.

Watch out for these risks when buying property overseas Buying property in an overseas market presents diversification opportunities for your investment portfolio in terms of asset class and geography, as well as the glistening prospect of higher yields. According to 2016 survey findings by property investment company, IP Global,

More luxury apartments in Ho Chi Minh to hit the market. However, while there are more and more supply, it does not grantee the offers are good. Talk to us to learn more on where are the best choices for your investment property

More luxury apartment projects in Ho Chi Minh City Since the beginning of this year, many new luxury apartment projects have kicked off on “golden land" sites in Ho Chi Minh City’s (HCMC) central districts...

Dream of owning an office within the "Raffles Place" of Ho Chi Minh, a walking distance away from the Stock Exchange and the heart of business district. Now you can with just $130K (Greatly discounted compared to the existing surrounding offices). Good rental yield, estimated 7-8%. What more, it has freehold title for the locals, who you can sell back to. Discount and relaxed payment schedule is available for early birds. Open for Booking, NOW.

A video about the Metro tunnel construction for the first Metro line in Ho Chi Minh.
http://video.vnexpress.net/tin-tuc/xa-hoi/ham-ngam-metro-sai-gon-dan-thanh-hinh-sau-90-ngay-thi-cong-3628933.html

Hầm ngầm metro Sài Gòn dần thành hình sau 90 ngày thi công - VnExpress 30 công nhân vận hành robot TBM cả ngày lẫn đêm đã hoàn thành được hơn 300 mét hầm ngầm metro Bến Thành - Suối Tiên.

A new development we would recommend for those who wants to invest in Vietnam residential property. Established High End residential area, Favorite choice of foreign Expats and High networth individual. Walking distance to Major Shopping Mall and the Upcoming Metro Station. Investment amount from $110K ONLY. Rental Yield Proven at 7-8%. Open for booking NOW.

For your reading
http://www.vir.com.vn/city-property-market-to-change.html

City property market to change | Read the Latest Real Estate and Property News including Vietnam HCM City’s real estate market in the 2017-20 period will see major changes as supply and demand will gradually adjust, stabilising and strengthening the market, according to the city’s Real Estate Association.

Some demographic info of HCM districts. A good start to study where you should invest in.

Diện tích và dân số các Quận, Huyện tại TP.HCM khác nhau ra sao? Hiện tại TP.HCM có bao nhiêu Quận, Huyện, và khu vực nào có diện tích lớn nhất, khu vực nào có diện tích nhỏ nhất?