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Thread: Property cooling measures could increase demand for rental housing: analysts

  1. #1
    Senior Arcachon's Avatar
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    Default Property cooling measures could increase demand for rental housing: analysts

    58,613 condo units
    21,924 HDB flat

    A total number of 58,613 condo units were rented out in 2021, 6.8 per cent higher than the amount recorded in 2020. Meanwhile, the full-year rental volume for HDB flats stood at 21,924, up 4 per cent from the year-ago period.




    https://www.facebook.com/Teo.See.Hwa...19530481545582

    #investor #property #resident #household

    Home Owner level
    Level 6: 1,240,649 own 1 property 90.4%
    Level 5: 381,000 own 1 private residential property 30.7%
    Investor Level
    Level 4: 57,150 (15% of 381,000) own a HDB 4.6% (2021 - 21,924 HDB flat)
    Level 3: 59,000 own 2 private residential properties 4.75% (2021 - 58,613 condo units)
    Level 2: 20,000 own 3-10 private residential properties. 1.61%
    Level 1: < 200 own more than 10 of such properties. 0.016%

    The number of Resident Households in 2019 was 1,372,4000.

    90.4% of 1,372,4000 = 1,240,649 units

    https://www.singstat.gov.sg/find-dat...ds/latest-data

    381,000 own 1 private residential property 30.7%
    57,150 (15% of 381,000) own a HDB 4.6%
    59,000 own 2 private residential properties 4.75%
    20,000 own 3 to 10 private residential properties. 1.61%
    < 200 own more than 10 of such properties. 0.016%

    A total of 20,000 Singaporeans, Singapore PRs and foreigners own 3 to 10 private residential properties in Singapore, said the Ministry of National Development (MND) on Monday (Feb 5).

    In a written answer to a parliamentary question by Ang Mo Kio GRC MP Gan Thiam Poh, MND said 381,000 owned one private residential property, while 59,000 owned two.

    Fewer than 200 own more than 10 of such properties.

    Of these private residential property owners, 15 percent also own a Housing Board flat, said MND.

    As at Sept 30, 2018, there were 56,074 HDB flats rented out, an increase of 2.1% from June 30, 2018 (54,896 units), according to HDB.

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  2. #2
    Senior Arcachon's Avatar
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    Default Re: Property cooling measures could increase demand for rental housing: analysts

    Only those in the market know how Hot the rental is now, the bystander can only say is it.

    Rental was stagnant for the last 10 years while property price for new launches break new record.

    This year should be able to see $2,xxx psf for OCR private condo.

    When the rental start to go up resale price cannot stay the same it will go up also.
    The Best Time to buy Property is Yesterday.
    If you lose Money it because you sell on a wrong Day.

    https://wa.me/6587821025

    https://r057844h.propnex.net/

    You don't Buy others will Buy.
    You don't Sell, others will Sell.

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