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Even upper changi north, super ulu, no MRT, no amenities, facing changi prison, also hit past $1,700 psf. You all do the maths and thinking.

614 sqft 2 bedders? What kind of 2 bedders is this? LOL. And $1,450 psf. Hmm...

https://www.businesstimes.com.sg/real-estate/laurel-tree-sycamore-tree-dispute-with-buyers-a-private-matter-ura

Any idea what is happening to this condo in a beautiful piece of land? No workers can be seen again when I am driving by.

Looks like CCR is doing well. Big units somemore. Meaning foreign funds are coming in fast and furious.

I feel the only thing that needs to be revised is the ABSD for developers. Raise it to 50% from 25%. If you can't sell within 5 years, it is the developer's problem. You have 5 years to sell. Don't...

https://www.tnp.sg/news/singapore/russian-magnate-sues-full-refund-105m-singapore-unit

LOL

Maybe jumping over to private?

But to be fair, the location is so ulu. Nothing much there. Transportation also issue. And beside it, there is a condo that sell way cheaper than it just a couple of years back. Eg: They were selling...

Looking at the chart, seems like 2009 supply increase a lot. So 2009 start selling, 3 years construction + 5 years MOP = 2017 onwards.

So many new flats going to hit 5 years MOP. I think will...

Lower lorongs, I heard got some restrictions. Like lor 6 to lor 28, I think maybe CPF or bank loan lower. I am not 100% sure on this.

Anyway, lower lorongs are not really desirable for own stay....

You are good but not all. The same can be said for others - If I use this logic, I will not lose the million. Time will tell but yield wise, doesn't look good already.

Anyway, my point is to be careful of bad deals. 2 bedders, 646sqft, for 1.5M. Rental say 2.2k. That give you 1.7%. Probably the lowest yield I have ever seen. And you might be very optimistic about...

I see the index. Not individual case.

Maybe... Like those bought Sentosa at its peak. Still haven't break even.

Not really....

The 2012/2013 ship still stuck. Cannot move.

That cycle is long gone. Ship has sail already.

In fact, many have bought in 2012/2013 and are still selling at the same price. 5-6 years but no appreciation. Whereas for you, you buy in 2006 and...

Unfortunately, no one can tell me prices will double. Whereas rental is more or less there.

Woodleigh residences lor. 1.5M for 2 bedder. About 4 to 4.5k pay bank. Haven't add maintenance and taxes. Surrounding rental for 2 bedder only lower end of 2k+