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NANALUM89
15-05-20, 22:57
Current market with the covid situation, and quite a lot of supplies, will the price drop?
Arcachon
16-05-20, 08:14
Yes, AssUme you are right the supplies are a lot when you AssUme.

https://www.icompareloan.com/resources/wp-content/uploads/2018/07/1-14.jpg

https://www.icompareloan.com/resources/wp-content/uploads/2018/07/1-15.jpg

Please do not google just AssUme.

https://www.icompareloan.com/resources/fresh-property-cooling-measures/
Arcachon
16-05-20, 08:21
https://sbr.com.sg/residential-property/news/chart-day-over-41000-homes-set-flood-property-market-in-2016

https://cmg.scdn4.secure.raxcdn.com/sites/default/files/imagecache/600x360/news/chart-singapore-housing-supply.PNG
Arcachon
16-05-20, 08:24
How to google what you want to know without AssUme.

property supply over the years Singapore

https://www.google.com/search?q=property+supply+over+the+years+singapore&tbm=isch&ved=2ahUKEwjU6d3TjLfpAhURCXIKHbryAJ4Q2-cCegQIABAA&oq=property+supply+over+the+years+singapore&gs_lcp=CgNpbWcQAzoECCMQJ1C5rBpYtMcaYOfKGmgAcAB4AIABRYgBpAOSAQIxMZgBAKABAaoBC2d3cy13aXotaW1n&sclient=img&ei=BDC_XtTXOZGSyAO65YPwCQ&bih=578&biw=1280
Arcachon
16-05-20, 08:27
https://raysestateclinic.com/wp-content/uploads/2019/12/image-2.png

https://raysestateclinic.com/singapore-has-a-property-glut-that-can-take-few-years-to-clear-should-you-be-worried/
Arcachon
16-05-20, 08:42
https://www.ura.gov.sg/realEstateIIWeb/supply/search.action?tab=3

https://scontent.fsin4-1.fna.fbcdn.net/v/t1.0-9/96524569_10218897319436925_1709555910482853888_o.jpg?_nc_cat=102&_nc_sid=8024bb&_nc_ohc=vMxpSXGrxDMAX-ZknP_&_nc_ht=scontent.fsin4-1.fna&oh=7e74fd73bce730396c68eefb94392065&oe=5EE2DC9A

https://cmg.scdn4.secure.raxcdn.com/sites/default/files/imagecache/600x360/news/chart-singapore-housing-supply.PNG

https://scontent.fsin4-1.fna.fbcdn.net/v/t1.0-9/97941300_10218897326037090_3544463035659714560_o.jpg?_nc_cat=110&_nc_sid=8024bb&_nc_ohc=JX45Bwzh6jMAX-wTpaE&_nc_ht=scontent.fsin4-1.fna&oh=eefe79ddebb5e83f8247f0d3e0ddff30&oe=5EE454B7
Arcachon
16-05-20, 08:58
https://scontent.fsin4-1.fna.fbcdn.net/v/t1.0-9/97621152_10218897398598904_6891300366739046400_n.jpg?_nc_cat=108&_nc_sid=8024bb&_nc_ohc=8F-aecTLEXMAX-I7Y4E&_nc_ht=scontent.fsin4-1.fna&oh=d0b5582d65f32f9fa5906207c1aada6e&oe=5EE6AF86

For those who like to AssUme, Data on the internet will drown you.
adam ng
29-05-20, 12:23
yes I always see number of unsold units by developer is at least 10k units
Mary Tan
29-05-20, 21:05
Developer got money to pay the fine!!!!
Arcachon
31-05-20, 10:04
Why people like to give an empty talk, guess you know why.

They are given 6 months extension and supply reduce guess what happens next.

https://www.icompareloan.com/resources/wp-content/uploads/2019/10/Info_050919_Fig1.jpg

https://www.icompareloan.com/resources/residential-property-market-pan/#!prettyPhoto
Mary Tan
31-05-20, 13:48
Should be able to see the results by end of the year!!!
Samuel Tang
03-06-20, 10:25
definitely over supply during this crisis, who dare to make any move during uncertainty
Mary Tan
07-06-20, 10:29
Let's see this period as opportunities rather than crisis !!!! Stay safe at home! :P P
Grace sun
07-06-20, 11:21
why worry oversupply? you know how much increase in population our government is targeting in 2030!
Majed
09-06-20, 15:09
Wow..2030..How much. Please enlighten me!
Arcachon
10-06-20, 08:15
Why ask when one already knows.
Mary Tan
11-06-20, 22:22
anyone got lobang for home contents insurance !
Lord Anus
13-06-20, 15:03
anyone got lobang for home contents insurance !

Siao! This kind of thing also want lobang? What lobang do you want?!

Any insurance company can do it lah! Plus and minus also not much, come up to the same thing.
azeoprop
14-06-20, 18:51
I don't see any significant discounts offered by developers for existing projects in the market. Except for that 38 Jervois
shininglight
23-07-20, 13:03
Actually, some developers are already increasing prices, e.g. Florence Residences, Parc Esta and a few others due to the higher cost of construction, etc... The supply of new condos have also been reduced with the government cutting down on Government Land Parcel Sales.

Below is a link to an analysis on why is the residential market resilient despite COVID.

https://www.latestprojectlaunch.com/singaporepropertynews/why-is-the-residential-market-resilient-despite-covid?