"Outlook of Property Market 2012/2013"
Starting to talk about property market outlook 2013 already, what do you think?
http://creative.asiaone.com/2012/IA/...003/index.html
"Outlook of Property Market 2012/2013"
Starting to talk about property market outlook 2013 already, what do you think?
http://creative.asiaone.com/2012/IA/...003/index.html
Core central pick up pace. Outside area flatline. rental up all around. my predictions.
How about landed?Originally Posted by carbuncle
never looked at that segment so no comments![]()
I am not a landed person either but agent is trying to sell my friend one![]()
well if I were to based on the PPI charts alone, I will start to hunt for uncompleted CCR/RCR. Any comments?
Hmmm... uncompleted OCR higher than uncompleted RCROriginally Posted by dtrax
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What is this world coming too...
Quick quick go buy RCR![]()
i am rich in debt, total US Federal debt to GDP is 103%. And rising about 1.5% per month so in another 10m, US debt to GDP will be 118%, another 20m, 133%, another 30m, 148%![]()
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Ride at your own risk !!!
Inline with URA flash estimates: http://www.ura.gov.sg/pr/graphics/2012/pr12-112b.pdfOriginally Posted by sh
Sooner or later, pple will pay the catch up game
uncompleted properties are very dependent on the projects which developers are launching, this is especially volatile in CCR region because psf price could range from >4000psf to <1500psf.Originally Posted by dtrax
A better indicator will be the completed project because it takes into account the average involving the full spectrum of property segment within the region.
And yes, CCR should be the hot sector in 2013 due to the narrowing gap between CCR and OCR property
I did a check before based on the transactions for completed n BUC CCR projects on the last 1 yr, 2/3 of the transacted units are <2k psf range:Originally Posted by Ringo33
0-1499 psf: 1031 units
1500-1999 psf: 1495 units
2000-3000 psf: 1087 units
>3001 psf: 175 units
Total: 3788 units
I would say that for long term investment, <2000psf will be a safer bet as it is less reliant on foreign buyer. that my 2 centsOriginally Posted by dtrax
Bro, your this statement is subjective. Depends on pricing relative to existing completed project.Originally Posted by dtrax
I think the next hot area will be tanglin because of prince charles land bid price. Expected price will be about 1.7K taking sky habitat as ref. So place like Metro, Tanglin View/regency will do catch up when they launch.
I feel OCR climb like crazy, so people will be looking at RCR then move towards CCR.
I scream yogurt!!!!!!!!!
dont waste time lah. If you want to buy, dont just buy CCR, buy central region if you are looking for older projects, which has lesser restriction.Originally Posted by chestnut
What restrictions you referring to?Originally Posted by Ringo33
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my bad, it should be central area. where there is not restriction on the average unit size. So developer can build as many MM units as they wish.Originally Posted by chestnut
what happened to...Originally Posted by carbuncle
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Originally Posted by carbuncle
Uncle is now in the healthcare sector taking care of his health.Originally Posted by radha08
So must set good example mah.
That's my line!Originally Posted by radha08
exactly! I oso don steal others line one