As above, let's discuss if EC is really worth to go for given the fact that HDB is already at skyhigh price and private properties are scaling further up.
As above, let's discuss if EC is really worth to go for given the fact that HDB is already at skyhigh price and private properties are scaling further up.
gd located EC cannot lose $ .....just like HDB BTO...Originally Posted by yowetan
yup, the key is good location! just like Nuovo
Nuovo cannot be in good location leh! Right at the juntion of 2 very busy road.
Originally Posted by scsc
Just for example only la..
Nuovo just my take cos i rate convenience highly.
Else maybe Simei Green also quite good for ppl that fancy east side..
what's yr cup of good EC ?
Oldest ec eastvale. Hehe
if hsehold income jus above 10k, can appeal to get a new EC? worthy to get a new EC nowadays?
Yes, my personal view is it is worth it if near MRT. Especially the one launching soon at Buangkok MRT called Esparina. Furthermore, Govt did away the levy for EC for upgraders during bad times and never install back so now even more worth it.
Hannah
This maybe the most expensive EC ever launched.Originally Posted by chua may lee
how about westmere?jurong lake district is an attractive development...
EC is worth the while if it's near the MRT.
EC usually not at a very ideal location. I would say bishan loft is the best amongst all, in terms of location. Very convenient in a matured estate and pretty near MRT (very "walkable"). Somemore it's circle + NS line. Imagine just 10 min to Orchard road. Easily link to all major highways.
For other ECs I think value will depreciate fast, especially when they get older. Bishan loft will have better price support level.
If price is too high and too near private condo pricing (which I think probably will), then it's not worth it.Originally Posted by isaaclim
Too expensive.Originally Posted by isaaclim
Surely wont make money if buy ECs from govt.
Normally when ECs come out, it signals the closing end of the bull property market.
also, govt timed it very well!
so which project will drop the most and by how much in %?Originally Posted by zeq
govt dun time at all...got demand, they sell landOriginally Posted by Komo
I noticed that EC land/project release is always when market is bullish. One reason is land location is not as ideal as private condo.Originally Posted by devilplate
Shortening the completion requirement will also help govt to plan/time better. Everything under control...
i dun see it tat way...they shd reduce the number of GLS sites if they wana push up the bids...Originally Posted by sleek
Recent GLS sites mostly in 'like shit' locations! Still, they can be sold at such high prices! This means property prices is now in start of another golden age?
Originally Posted by Komo
release bit by bit....confirm list lah...reserve list lah...make everyone happy...huat together!! ...so who are the losers? (things must go one round wat... )Originally Posted by devilplate
they can turn those undesirable EC sites to HDBOriginally Posted by Komo
but i tink govt noe how to play EC segment...imagine they decide to release a land next to queenstown MRT for EC...and income ceiling capped at 10k...max can only sell for 800psf...
...and ultra mm sizeOriginally Posted by devilplate
Even the Lehman Brothers collapse, world financial market meltdown and Eurozone crisis could not stop the uptrend.Originally Posted by teddybear
Although I believe in PROPERTISM - that property prices always go up in the long term - I don't really understand what is causing mass market condos to go above $1,100 / $1,200 psf.
Many reasons have been proposed, e.g. liquidity, low interest rates, high growth, immigration etc. but the market has an intelligence of its own which is greater than the intelligence of each individual.
Usually, we'll be able to know the reason only after the event, maybe 10 years from now the picture will be clearer.
i heard a couple with gross income of $12k also got duxton!!! govt really double standard!!!Originally Posted by yowetan
u heard? i heard many stories also...i even heard PR got HDB BTO!Originally Posted by RE_Owner
most likely at point of application, they had only 8k. maybe one was unemployed...Originally Posted by RE_Owner