THE TEMBUSU @ KOVAN, Fresh ARTWORK PERSPECTIVES FRESH FROM THE PRESS!!

The Tembusu, Main Facade View

The Tembusu, Vertical Landscape View

The Tembusu, Night Time Drop Off View

The Tembusu, Sky Garden

The Tembusu, Gym with Pool Facing

The Tembusu, Children's Playground

The Tembusu, Chess Garden

The Tembusu, Main Entrance Way

The Tembusu, Loung Area

The Tembusu, Sky Garden and Walk-Way

The Tembusu, Penthouse View

The Tembusu, Main Gardens

The Tembusu, Sky Bridge Perspective

The Tembusu, Main Pool

The Tembusu, Main Pool and Gym

The Tembusu, Sky Bridge Perspective

Best Regards,

 

Mervin Tang

Group Director

Division Lead Trainer, Project Sales

CEA Reg No. : R030951Z
Huttons Asia Pte Ltd
Mobile: (65) 9184 0208 
Website: http://www.SGrealestate.sg
Sales Enquiry: mervintang@SGrealestate.sg

Discussions: http://sg-realestate-sg.blogspot.com/ 

http://www.lafiesta-sengkang.sg/

http://www.qbay-residences.org/

http://www.sennett-residence.org.

http://www.thetembususg.com

http://www.jewelbuangkokcondosg.com

HUTTONS ASIA PTE LTD as the Market Leader for Project Sales

Home > Questions & Answers > Question Details

Hi, I'm interested in being a property agent for Huttons. Would like to know the fees involved in joining and them. Based on my understanding, whether you succeed in real estate industry as a newbie depends a lot on the mentor. However, how would i know if I've chosen the right mentor or joining the right team? Thanks.

Posted by Ms. Wong - Jul 16, 2013 - Viewed 37 times

Answers (4)

Mervin Tang

Posted Jul 18, 2013

Hello Ms Wong,

Thank you for your query, and excellent choice in your interest as a Real Estate Sales Person with Huttons Asia Pte Ltd.

As a preamble, an interesting fact:

Yesterday THE STRAITS TIMES reported "1,806 Private Homes Sold in June"
Within that article, there was a breakdown on the units sold:

1. Jurong Gateway : 737 Units sold on Preview
2. Jewel @ Buangkok : 282 Units
3. Liv @ Sophia : 64 Units

ALL the above are exclusive Huttons Asia Pte Ltd projects, giving a Grand Total of 1,083 Units sold by Huttons Asia Pte Ltd.

The remainder of the 1,806 - 1,083 = 723 Units are the COMBINED sales of ALL OTHER AGENCIES in Singapore. But wait, of the 723 Units sold, a further unknown portion are attributable to OTHER ONGOING HUTTONS PROJECTS. Which leaves the cumulative COMBINED result of the other agencies at < 723 units sold.

The disparity in the results is no freak result. It is a combination of top notch training, and a speedy and aggressive culture that is unique to Huttons Asia Pte Ltd.

For example, Jurong Gateway sold out 737 Units on Preview day. PREVIEW, meaning that the project is not advertised by the Developer under any advertising medium. This kind of pro-active culture is what sets Huttons apart from the competition.

For those trained in this aggressive culture, the metaphor that I use to describe this is that in Huttons, you will become a SHARK. Later on, should you go into resale and rentals, you will be competing with external agents who need 3 months exclusive to sell 1 x house. It just simply IS NOT fair.. to them.

For the second part of your question, you are right as well. A big part of your chances of success lies in the mentor you join, and the team culture.

ON CULTURE:
Team culture is often non-existent in the Real Estate business for the simple reason that ONLY your upline has a financial interest in your results. Hence, within teams, more often than not, you are competitiors. Some teams are the exception. They are ambitious, driven, and work together as an extended family. These will cross train and readily share information with one another. For the only reason that someone did that for them when they were new, and now it is their turn to pass it on.

ON MENTOR:
This aspect is almost impossible to determine over the course of an interview. I have met associates who were sold and convinced to come into the business, only to later be given a single, solitary instruction by their upline, "Attend training ok?" And that was the last thing that was communicated.

Personally, I am not a person who wastes time speaking with a potential associate. At the very onset, my training systems and team culture are designed and executed for to derive the outcome that is for the new associates to close deals ASAP and become self-sufficient business owners.

Along the way you will meet 2 types of mentors. Those that recruit only experienced agents who are already self-sufficient, or the second type, that brings in Newbies, and builds them into successful business owners from scratch.

In this sense, be sure to ask what the mentor's success rates are like with their associates.

I hope the above conversation has shed some clarity for you to decide on your next path in this new exciting business venture!

Best Regards,


Mervin Tang
Group Director
Division Lead Trainer, Project Sales
CEA Reg No. : R030951Z
Huttons Asia Pte Ltd

Mobile: (65) 9184 0208
Website: http://www.SGrealestate.sg
Sales Enquiry: mervintang@SGrealestate.sg
Discussions: http://sg-realestate-sg.blogspot.com/

http://www.lafiesta-sengkang.sg/
http://www.qbay-residences.org/
http://www.sennett-residence.org.
http://www.thetembususg.com
http://www.jewelbuangkokcondosg.com

THE TEMBUSU FLOOR PLANS and SITE MAP

The Tembusu @ Kovan Facade View

The Tembusu @ Kovan, Location Map

The Tembusu @ Kovan, Diagrammatic Chart

The Tembusu @ Kovan, 1 Bedroom Layout

The Tembusu @ Kovan, 2 Bedroom Layout

The Tembusu @ Kovan, 2 Bedroom Layout

The Tembusu @ Kovan, 3 Bedroom Dual Key Layout

The Tembusu @ Kovan, 3 Bedroom Dual Key Layout

The Tembusu @ Kovan, 3 Bedroom TYPICAL Layout

The Tembusu @ Kovan, 4 Bedroom Layout

Best Regards,

 

Mervin Tang

Group Director

Division Lead Trainer, Project Sales

CEA Reg No. : R030951Z
Huttons Asia Pte Ltd
Mobile: (65) 9184 0208 
Website: http://www.SGrealestate.sg
Sales Enquiry: mervintang@SGrealestate.sg

Discussions: http://sg-realestate-sg.blogspot.com/ 

http://www.lafiesta-sengkang.sg/

http://www.qbay-residences.org/

http://www.sennett-residence.org.

http://www.thetembususg.com

http://www.jewelbuangkokcondosg.com

Huttons Asia Pte Ltd VS ALL OTHER AGENCIES COMBINED!!!

Home > Questions & Answers > Question Details

Hi, I'm a NUS Real Estate undergraduate looking at becoming an agent upon graduation. I have not yet graduated, but am interested in kickstarting my career before graduation. I have looked around online at the various agencies, and even spoke to DTZ, but I find Huttons to be most suitable so far. I understand that in order to join Huttons, I must pay 1)entry fees for their compulsory training programmes of about $400, and 2) license fee to CEA (same as other agencies). I also understand that if I were to start off with projects I may not get commission for the first six months. So this is what I would like to know: Firstly, what are the things I can do now to kickstart my career while studying my final year in university, and Secondly, how much would I need to save up in order to survive (transportation, food, and basic grooming such as work clothes) the first few months without income? How much is the average expenses for a Real Estate agent on a monthly basis?

Posted by Ms. Melissa Chan - Jul 16, 2013 - Viewed 42 times

Answers (3)

Mervin Tang 

Posted Jul 16, 2013

Hello Melissa,

Thank you for your lengthy insight and questions into the potential of a business partnership in Huttons Asia Pte Ltd.

For Project Marketing, Huttons Asia Pte Ltd is a very powerful industry leader. In the Straits Times today, 16th July, there is an article about "1,806 private homes sold in June." Of this:

Jurong Gateway : 737 Units (Exclusive & Sold out on 1st day by Huttons)
Jewel @ Buangkok : 282 Units (Exclusive to Huttons)
Liv on Sophia : 64 Units (Exclusive to Huttons, Sold Out)

Total : 1,083 Units sold (Huttons Projects)

The above numbers are factual as reported by The Straits Times.

Broadly speaking, there are only 2 types of Real Estate Agencies, those that have Projects, and those who do not. Projects in essence are awarded by Developers to agencies for their sole, or joint marketing. Developers of course select the agency by their track record for being able to move the projects. In this case, the numbers above are evidence in themselves. Other agencies COMBINED, well, sold 723.

In terms of "kick-starting your career", that is perfectly inline with my team's training culture. For us, it is vital that new associates hit the ground ready with as many deals lined up for closing as possible. This is for the simple reason that new associates have a limited shelf life in terms of savings and morale. Thus it is vital that they are able to close deals early.

For this, I begin my new associate training the moment they decide to come into the industry. For all new associates, there are mainly 2 key aspects to address:

1. System Building (This can be capital intensive as well as knowledge intensive)
2. Direct Marketing (This aspect is time and skill based)

In understanding this, the combination of the above would dictate your capital and investment outlay.

At the same time, the strategy that is designed for you needs to a flexible one that allows for you to exploit opportunities that may arise, thus my associates are trained to handle 3 aspects at one go:

A) Sell a Project
B) Acquire Listings for Sale
C) Acquire Listings for Rental
Hence, it is a common myth among our competitors that "Huttons does only projects?". The truth is that, if developers put the faith in Huttons to sell their project, it must be due to the quality and culture that sets us apart from the rest of the industry.

To look at your question in specifics, it boils down to getting to know more about your planned approach to your business, that would determine your likely cost outlay, and well as analysing your current income/savings level and seeing if they can support your proposed business plan.

As such, there is no "average expenses" per se.

The key element that I would like to focus on here is in your training. The key to succeeding really is to "hit the ground running". There are no allowances for being "new". The training philosophy is a simple one:

"Buyers do not care if you are new, they expect the best professionalism".

Thus, the training standard must be for you to act and sound like an industry veteran from the very onset. That's my job and speciality. Newbies focus on learning and doing their work, and yet as a bonus thrown in, we operate as a big extended family where newbies are EVERYONE's responsibility. Meaning to say, there's always a senior watching nearby..

That said, I hope this adds some clarity into taking your next step, do contact me if you have any further queries.



Best Regards,


Mervin Tang
Group Director
Division Lead Trainer, Project Sales
CEA Reg No. : R030951Z
Huttons Asia Pte Ltd

Mobile: (65) 9184 0208
Website: http://www.SGrealestate.sg
Sales Enquiry: mervintang@SGrealestate.sg
Discussions: http://sg-realestate-sg.blogspot.com/

http://www.lafiesta-sengkang.sg/
http://www.qbay-residences.org/
http://www.sennett-residence.org.
http://www.thetembususg.com
http://www.jewelbuangkokcondosg.com

THE Next Big Thing: THE TEMBUSU @ Kovan

<LAUNCHING SOON>

THE TEMBUSU @ Kovan

The Tembusu is a FREEHOLD CONDOMINIUM status project launching at KOVAN, comprising of 337 Residential Units and 1 Commercial Shop by Wing Tai Holdings Limited in partnership with award winning architectural firm Arc Studios (Pinnacle @ Duxton)

The Tembusu is situated on a rectangular 141,539sqft sized plot on the old Wing Tai headquarters

The Tembusu is another prestigious project by the award winning developer Wing Tai Holdings Limited, it is stable of award winning projects include an non-exhaustive list of:

1.      Draycott 8 (CNBC Asia Pacific Property Awards 2008)

2.      Belle Vue (South East Asia Property Awards 2012)

3.      Ascentia Sky (Asia Pacific Property Awards 2010)

4.      Kovan Melody (CNBC Asia Pacific Property Awards 2008)

5.      Helios Residences (South East Asia Property Awards 2013)

Comprising of:
1) 1 Bedroom : 474-646 sqft (85 units)
2) 2 Bedroom : 753-1023 sqft (103 units)
3) 3 Bedroom : 1044-1378 sqft (81 units)
4) 3 Bedroom DK: 1216-1464sqft (34 units)
5) 4 Bedroom : 1367-1701 sqft (31 units)
6) Pent House : 2863-3886 sqft (3 units)

Conveniently Located at Tampines Road (off Kovan)
-  5 min to famous eateries
-  6 min to Kovan MRT 
-  7 min to Heartland Mall
-  3 min to Hougang Mall
-  5 min to NEX Shopping Mall
- 15 min to Orchard Shopping Belt

As an investment, The Tembusu is a significant investment for the following 3 reasons:

1.      The Tembusu enjoys a strong first mover advantage along Tampines Road due to the relative state of underdevelopment, providing significant upside to the location as subsequent projects serve to revitalise the area, and enhance the first-mover projects in the area.

2.      The current Defu industrial estate is earmarked for redevelopment into a high end services and R&D orientated commercial center.  Due to the geography on the location where the Defu is bounded to the East by Paya Lebar Air Base, Tampines Road to the North and Bartley Road East to the South.   This puts The Tembusu as the closest FREEHOLD property between Kovan MRT station and the upcoming Defu commercial center.

3.      Unit Mix, the Kovan locality together with the rest of the North-East corridor have currently very few smaller 1 & 2 bedroom units, leading to these units commanding a higher than average rental yields.

In conclusion, The Tembusu is a high end collector piece that will be unrivalled within its class.

Best Regards,

Mervin Tang

Group Director

Division Lead Trainer, Project Sales

CEA Reg No. : R030951Z
Huttons Asia Pte Ltd

Mobile: (65) 9184 0208 
Website: http://www.SGrealestate.sg
Sales Enquiry: mervintang@SGrealestate.sg

Discussions: http://sg-realestate-sg.blogspot.com/ 

http://www.lafiesta-sengkang.sg/

http://www.qbay-residences.org/

http://www.sennett-residence.org.

http://www.thetembususg.com

http://www.jewelbuangkokcondosg.com