If no cm against hdb, expect first 1 million hdb in 2013, 800psf resale hdb, ura resale index at 220, pc OCR 1800psf in 2013
If no cm against hdb, expect first 1 million hdb in 2013, 800psf resale hdb, ura resale index at 220, pc OCR 1800psf in 2013
Ride at your own risk !!!
800psf for resale HDB?? That'll put it out of the affordable range.Originally Posted by phantom_opera
Prime location only bought by those who cash out from pc or landed, volume will get thiner year by year b4 it peaks at 2014 to 2015 if no more intervention. Remember Japan bubble hit 10kpsfOriginally Posted by kane
Ride at your own risk !!!
Announcement: ALL SUITES SOLD OUT. NEW RELEASE OF 2-bedroom SOHO and 3-bedroom and 4-bedroom Residences.
How many sold to date?Originally Posted by azeoprop
I was told more than 700 units sold.
$10Kpsf ??... where got so little 1 ??...Originally Posted by phantom_opera
wikipedia says about S$100K psf....
http://en.wikipedia.org/wiki/Japanese_asset_price_bubble
"Prices were highest in Tokyo's Ginza district in 1989, with choice properties fetching over 30 million yen[4] (approximately $215,000 US dollars) per square meter ($93,000 per square foot). Prices were only marginally less in other large business districts of Tokyo."
Huat ah!!!!!!!!Originally Posted by Rosy
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Yes all Huat x3! price still hold on very steady... on the same token Malaysia property is also moving up as well!Originally Posted by phantom_opera
Originally Posted by Rosy
Inflation will take place and redevelopment will take place. how much was geylang's price some 60 years ago? IF we buy near the end year of the lease, it will be very wrong as there are still plenty can be developed elsewhere during this decade.
200 units left? Tsk tsk, once again, I've underestimated the depths of singaporeans pockets.
Let me quote the legendary advice :sg property is meant to be bought and never sold, on hindsight he was right all along, u sell u will get hit by ssd, u sell u get hit by absd when u buy next, not to mention lower ltv ratio and next time u may be banned fr buying!!!
Last edited by phantom_opera; 29-01-12 at 16:27.
Ride at your own risk !!!
A PR I met has 4 ppty including a HDB too, all rented out except one and he is holding a high position in a bank.
SG government rewards the old timers big time as these measures don't hit them.
New generation of young Singaporeans suffer with tougher competition but better access to transport and security.
Compete compete compete!
Thks to timely annoucemdnt by fed recently.Originally Posted by kane
Cm6 6y ssd 50% ltv
cm7 5% absd sc 7% absd spr
Cm8 8y ssd 40% ltv
cm9 10% absd sc 20% spr
Cm10 sc can only have 2 props sPr one only
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...don't give KBW ideas leh......let him work for his salary.....Originally Posted by phantom_opera
more will be sold when sti move north after budget day.
Originally Posted by danntbt
I find it funny MAS said rental is going to go up in 2012 due to shortage in supply ... KBW must be sweating
"Year-on-year inflation in CPI-All Items will likely remain elevated over the next few months," the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said in a joint statement.
The statement said: "Notably, the continued increase in housing rentals, due to a temporary shortage of completed dwellings, will cause imputed rentals on owner-occupied accommodation to rise further in the near term."
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If URA do not allow lease top up for larger scale 99LH condos when their lease is running up, what will happen to the market's perception of 99LH properties? It is impossible to enbloc all the 99LH condos as there are plenty of such land in the suburban areas.Originally Posted by rattydrama
Rental indeed is moving slowly just like what MAS has indicated:
A TPY HDB 95sqm asking rental 3.5k pm, almost same as 2br condo:
http://www.propertyguru.com.sg/listi...entral-8506443
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Shares price plunge u still can hold unless u leverage loh or use borrowed moneyOriginally Posted by Xan
Yup all investment comes with risks but risk is at different level at different time for different investment.
eg u r at very low risk when u buy the sail @ 1000psf but u r at significantly higher risk if u have bought the sail @ 3000psf
That fella asking for the moon lah. I think for that size, 2,500-2,800 is where the market is transacting.Originally Posted by phantom_opera
This man-made "river", how wide ? Have to consider the buildup opposite. Along this "river", mostly buildup will be around 12- 15 storeys high. "Too pack"Originally Posted by testtest
Potential wise must have a mixture of landed, commercial & businesses. I can't see any potential if priced at $1350 above. Potential or expectation ??? Expectation on the developments, yes.
Own stay - no prob as long as you like.
Just my 2 cents.
Errr.... Property if price dip below outstanding loan also have to top up hor....Originally Posted by Xan
Can become bankrupt also.... look at all the american properties underwater....
Not when u dump 40% of the payment.Originally Posted by sh
What are the chances of this 1 bedder Low quantum suite price drop by more than 40% and bank call for margin?
If such case happen, everyone had to resign to fate. Be it you stay in condo or HDB.
And I will also worship mr B like god.
Just receive a call from far east. They told me all suites are sold out and ask me if I'm going down to show flat to take a final look before they tear it down tmr. Sounds funny
I didn't know they still got this kinda service
It will be interesting to see the data on the proportion of buyers with 20% or 40% down payment.Originally Posted by Xan
In a way the government is protecting the banks (and ultimately the economy) by imposing 40%....
ah.. wonder why do they need to tear it down so fast.. haven taken good photos of that place yetOriginally Posted by Xan
I do agree if buy large quantum and with 20% down payment and for investment is kinda risky. I wonder who pay 20% for the WT 4 bedderOriginally Posted by sh
would like to check, anyone knows if watertown punggol will kena any weird smells coming from oil refinery in Malaysia?