CM got REVERSE effect..

[dmonddd]

gahmen said new hdb at cheaper prices

[Rosy]

25 yrs for young buyers
me old liao more impact

if 4-5% rate - 6K? 2k more
how to afford pay installment if miscalculated. jialat

If u are older, make sure u have 200k e cash for every 1mil loan. 100k enough for younger ones

[teddybear]

Ha ha ha!
Then, by 2016 GE, they become Opposition?

No worries, if CM7 can't work, then CM8 will raise the tax another 5%, so 12% and 15%. Not enough? CM9, raise to 17% and 20%. Still cannot? Then CM10, 22% and 25%.....

If still cannot, implement recurring ABSD, every year you own the property, you pay 5-10% tax on valuation.

[dmonddd]

for investors looking for capital gain....forget abt it with all those exit costs

[teddybear]

Remember, Buy and hold for 20 years! Sure got very good chance to exit with no costs and huge profits! In fact, many will end up deciding not to exit at all because exit already cannot buy back without paying premium and still get lousy quality, cheated on space (e.g. paid for 1600 sqft but actually only 1300 sqft real usable space!), super huge number of units in estate that fits to be called "public housing" rather than "private housing"!

for investors looking for capital gain....forget abt it with all those exit costs

[dmonddd]

aunty and uncle also know this la bro.
prices on uptrend over long time

only question is if u buy now andprices down...u have put more capital compared others

below okay if u have plenty ofspare cash $$$$$
me poor chap only got one chance

Remember, Buy and hold for 20 years! Sure got very good chance to exit with no costs and huge profits! In fact, many will end up deciding not to exit at all because exit already cannot buy back without paying premium and still get lousy quality, cheated on space (e.g. paid for 1600 sqft but actually only 1300 sqft real usable space!), super huge number of units in estate that fits to be called "public housing" rather than "private housing"!

[kane]

Remember, Buy and hold for 20 years! Sure got very good chance to exit with no costs and huge profits! In fact, many will end up deciding not to exit at all because exit already cannot buy back without paying premium and still get lousy quality, cheated on space (e.g. paid for 1600 sqft but actually only 1300 sqft real usable space!), super huge number of units in estate that fits to be called "public housing" rather than "private housing"!

Agree. +1 Like.

[teddybear]

But D'Leedon with 1700+ units in the estate is like "public housing"! Facilities not enough! How to compare? I am sure anybody can walk into and out of D'Leedon without much hassle when it is completed! You think the security guards can remember 1700+ people, let alone 1700+ x4 (assuming average 4 family members per unit?)!

sales jump for smaller units if u think abt it
developers cut into smaller units knowing $1m is affordable now for some

buyers not looking at psf rationality died. clementi or bkt panjang calling for $1400-1500psf

my god if compared to d10 d leedon same psf..make sense or not?

[dmonddd]

that's how u rationalize psf

bigger project in better location - psf lower than those mickey mouse project in suburb location

tenants dont care they want to enjoy exclusivities
better ask tenant since investor buying to rent out

if u ask me to rent a condo in london paying same rent in a bigger vs mickey mouse project ....

u must b kidding

[dmonddd]

rivergate PI reflections developers must dun no how to sell then

shld slice into smaller mickey mouse units to beat those mickeymouse projects in suburbs

[dmonddd]

rivergate and PI back then considered crazy public housing size compared to other projects

see what happened to psf

location location location

tenant tenant tenant .....wants to live in nice hype area
why paying so much rent if staying i shoebox project

castrophobia kicks in

[Lemonlaw]

Due to the latest CM7, the mentality is "buy now" or "pay more taxes" when CM8, 9, 10 comes.

[joeteo]

The way i see all these CM make people more kan cheong to buy...buy...buy....look at all new launch....ANYTHING but dampening effect...

two types of ppl. Scared prices continue to move up, gan jiong buy. 2nd type is cash rich and can wait for next CM and very likely MSR or lower LTV

if MSR + LTV + capital gain tax... all up the lorry liao

[DKSG]

two types of ppl. Scared prices continue to move up, gan jiong buy. 2nd type is cash rich and can wait for next CM and very likely MSR or lower LTV

if MSR + LTV + capital gain tax... all up the lorry liao

You must put the CMs into perspective. CM is to cool the market, once market turns cool then cold. CMs will be removed two by two to revitalised the market.

So when you say up lorry, you mean market turn cold and CMs removed ?

DKSG

[Lemonlaw]

two types of ppl. Scared prices continue to move up, gan jiong buy. 2nd type is cash rich and can wait for next CM and very likely MSR or lower LTV

if MSR + LTV + capital gain tax... all up the lorry liao

I think I better save more CASH to collect lew lian....