Likely empty? Agents swapping flies?
Likely empty? Agents swapping flies?
Last edited by star; 07-07-18 at 11:36.
https://www.facebook.com/10000947064...250018643/?t=0 stirling residences
Park Colonial yesterday: https://www.facebook.com/photo.php?f...0539561&type=3
Park Colonial today: https://www.facebook.com/marvinlee.r...304114562/?t=0 14 sold since morning
Many going ahead to buy, to avoid further counter measures.
Got money scared can’t buy only.
Ordinary folks hoping for cheap,
Rich folks don’t wait for opportunities, they grab opportunities.
For those without Facebook account.
<<Park Colonial D-DAY + 1.5 >>
After the announcements, buyers continue to flock to Park Colonial today (during the day) to catch up on what they had missed out.
Not surprisingly, 9 buyers took action today and bought a unit each at Park Colonial despite the property curbs. I don’t disagree with them! ��
Give me a call and find out why your should still buy Park Colonial in spite of the property curbs tmr! The number to dial is 84445555!
#ERALovesParkColonial
https://www.facebook.com/marvinlee.r...5642304114562/
Before the current CMs, my agent was holding 5 cheques for PC. None of them are first home buyer. This means they readily accept 7% ABSD. The situation is exactly the same when I was at park place show flat.
Well, It seems to me that when the dust is settled, it’s just a matter of time for these 2nd home buyers to continue their hunting.
Actually, I think the new CM will increase demand rather than reduce it. First buyers regard their first time buyer status as being more valuable after the cooling measures than before the cooling measures. So, they would flock to the showflats, and make purchases. What the cooling measures are doing is to replace the second or third-time buyers by first-time buyers. There are more first-time buyers in Singapore than multiple-time buyers.
Last edited by stalingrad; 07-07-18 at 21:01.
and the 14 or more today...https://www.facebook.com/marvinlee.r...304114562/?t=0
i'm very surprised but i think you are right. there are still a lot of first time buyers or genuine upgraders (willing to sell their current property once new property TOPs). this measure may actually convert some who originally were not sure if to buy 2nd property to become a landlord or to upgrade to swing firmly to become the latter.
Yeah, it just makes economic and psychological sense. As you said, if I were a HDB owner and weren't sure I should sell my HDB and buy a condo, I would actually be more inclined to sell my HDB and buy a condo after the cooling measure than before. These are the additional demand that didn't exist before the CM.
There are valid reason for first home buyer to flock in and buy now knowing that their current golden status may be changed tmr in the event gahmen may tweak the CMs again in the near future. I.e reduce LTV limit, or even imposed minor ABSD for first time buyer in the private property sector.
This is true for foreigner first home buyer, Kenna slapped with additional 5% ABSD for nothing in this round of CMs. Lol
Haha instead of cooling, it makes the market hotter. Lol.
The number are out, guess the MTB need to work harder to pay for the extra 5% or risk paying more.
While some (like property soul) continues to sing a negative tune/make YouTube videos on singapore property price/demand/policy, no matter how convincing the facts are, they failed to understand the psychological aspect of a Singaporean’s dream. This property game will never die despite so many rounds of CMs. As Long as singapore continues to position itself to be an attractive place to stay n invest, this vicious cycle continues.
Last edited by Xan; 07-07-18 at 21:59.
Marvin Lee: Park Colonial sold 23 units today! Don’t expect discounts, do expect price increase!
It's a really nice location and this area has potential. Congrats to the new buyers of park colonial and welcome to your future neighbourhood!
if buyer comparing park colonial to the garden residences which having around same psf, no doubt
PC has the best value proposition among the new launch now & its priced competitively.
Affinity was much quieter today.