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RES Course Day 6

Course notes for property agent wannabe

Landed Housing

  • Semi-D
    • Can build bungalow too
    • Can build higher tier

Industrial

  • JTC land sales
  • Tenure up to 30y
  • OLAS unlike IGLS,
    • assess based on business growth
  • GPR 0.8-2.5
  • Min 60% industrial
  • 40% for ancillary offices, etc
    • But no more than 25% for offices
  • Land Rent
    • Revised yearly in Jul
    • Max 5.5% increment

Uncompleted Private Residential

  • Comm 1-5%
  • Deal of no deal. Easy.
  • OTP 2wk + S&P 3wk

  • Number of dwelling units = GFA / 85 sqm
    • For 9 areas, / 100 sqm
    • Central Area must min 20% of DUs >70 sqm
  • Can re-issue OTP up to 12 weeks
  • Delicensed
    • https://spring.ura.gov.sg/lad/ecoh2/main/homes.cfm
    • CSC issued
    • No matter sold or not
    • 1% booking fee (instead of 5%)
    • Good opp!
  • uncledefect.sg

En Bloc

  • Factors
    • Share Value
    • Sqft
    • Market Value
    • Means does NOT account level, facing