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Private property prices... Up or Down?


Kelfinity
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The strategy the Singaporean buyer devised, as long as he or she completes servicing the mortgage, how is it not protecting the future generation?

How is this speculation right when it is subsidized? ... You want to speculate? ... Use your own money ... Not the people's ...
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Twincharged
(edited)

How is this speculation right when it is subsidized? ... You want to speculate? ... Use your own money ... Not the people's ...

But the option is open to every Singaporean as long as you work hard for your keep. Do you seriously need the hdb owner to be in his worst shape and age before he starts planning what to do? Edited by Showster
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Remember brudder, we are zilch on resources. The moment we stop working, we will start to drain resources, rolexes and whatever we have.

This applies to every citizen ... As such, we need to help ourselves, even more ...

 

I'm against Singaporeans who think that a subsided home is a Commodity they can speculate...

 

I said Singaporeans ...

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Twincharged

This applies to every citizen ... As such, we need to help ourselves, even more ...

 

I'm against Singaporeans who think that a subsided home is a Commodity they can speculate...

 

I said Singaporeans ...

Can they sell their HDB to upgrade? Will this be an issue to you?
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But the option is open to every Singaporean as long as you work hard for your keep.

Your anology will only encourage complacency ...

 

Sorry if I'm being too straight ...

 

We cannot expect returns even when we preserve ... There is no guarantee ... Sorry, but this is life ...

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Can they sell their HDB to upgrade? Will this be an issue to you?

An upgrade is always good ... But do it with your own capacity ...

 

If you upgrade to a private property ... Spare a thought for our future generation ... Give them a chance to have a roof above their heads as they are the ones who need it more than you ...

 

If it's an upgrade to a bigger HDB unit, by all means ... As long as you don't got hold another private property, then it's wrong ...

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Twincharged
(edited)

Your anology will only encourage complacency ...

 

Sorry if I'm being too straight ...

 

We cannot expect returns even when we preserve ... There is no guarantee ... Sorry, but this is life ...

Pre-boom with low prices and no regulation, indeed will breed complacency.

 

With current post-TDSR regulations, every loan has to be fully secured by income. How to be complacent?

 

Sorry but this is reality.

An upgrade is always good ... But do it with your own capacity ...

 

If you upgrade to a private property ... Spare a thought for our future generation ... Give them a chance to have a roof above their heads as they are the ones who need it more than you ...

 

If it's an upgrade to a bigger HDB unit, by all means ... As long as you don't got hold another private property, then it's wrong ...

The Govt will always ensure sufficient HDBs for all.

 

And HDB owners who understand your emotion will know what is the right path forward. Oftentimes, they are quite hindered even if they want to get another suitable HDB. It's not so straightforward.

 

Good night bro.

Edited by Showster
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Pre-boom with low prices and no regulation, indeed will breed complacency.

 

With current post-TDSR regulations, every loan has to be fully secured by income. How to be complacent?

 

Sorry but this is reality.

Simple ... Any HDB is subsidized, no? ... You are using other's money to make more money for yourself, no? ...

 

Simply said, you want to Garang ... Can ... But use your own money ... Don't upgrade yourself with subsidies from the citizens ...

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The ads of local developers are pretty lame. Who cares if botanic gardens is on the world heritage list? It's not very nice. It's hot. Most important of all it's a morning playground for the upper echelons of Singapore. Go there for your morning exercise and you'll see. Oei Hong Leong is a regular. You can see popiah king as well. George Quek and Wee Ee Cheong are there as well.

 

I'm not part of them by the way

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Hypersonic

http://www.straitstimes.com/business/property/condo-rents-unchanged-in-april-as-those-for-hdb-dip-rental-volume-falls-srx

Condo rents unchanged in April as those for HDB dip; rental volume falls: SRX

MAY 11, 2016

 

According to the data released on Wednesday (May 11) by SRX Property, the number of condominiums and apartment rented out in April fell 10.3 per cent to 3,953 from 4,405 units in March.

 

Year-on-year, though, rental volume was 10.5 per cent higher than the 3,578 units rented in April 2015.

 

The HDB rental market saw a 2.2 per cent dip in the number of flats leased to 2,048 from 2,093 units in March. Year-on-year, rental volume rose by 5.8 per cent.

 

SRX data also showed that rents in April were unchanged for apartments and condominiums.

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Hypersonic

http://www.straitstimes.com/business/property/resales-of-private-non-landed-homes-jump

Resales of private non-landed homes jump

MAY 11, 2016

 

The resale volume of private non-landed homes last month shot up to the highest level in almost three years, flash estimates out yesterday from SRX Property show.

 

This coincided with a second straight month of rising prices of private non-landed homes, a phenomenon last seen in December 2013 and January 2014.

 

An estimated 689 private non-landed homes were resold last month, up 17.6 per cent from March and 28.1 per cent higher than in April last year, SRX Property found.

 

This figure was the highest since 726 units were resold in May 2013.

 

"The increase in transactions could signal that there are still buyers out there with the wherewithal to commit. These could be people who were waiting for the right price to enter the market," said Mr Alan Cheong, Savills Singapore research head.

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Hypersonic

http://www.straitstimes.com/business/property/singapore-private-home-resale-prices-rise-05-in-april-volume-hits-3-month-high-srx

Singapore private home resale prices rise 0.5% in April, volume hits 3-year high: SRX

MAY 10, 2016

 

Resale prices of non-landed private properties rose by 0.5 per cent last month, according to flash estimates by SRX Property on Tuesday (May 10).

 

This was after they rose 0.1 per cent in March.

 

In individual sectors, core central region prices rose 0.7 per cent month on month, rest of central region prices rose 1.3 per cent, and outside central region or suburban prices fell 0.2 per cent.

 

Resale volume last month hit a three-year high, with an estimated 689 non-landed private homes resold in the month.

 

This was 28.1 per cent higher compared with April last year, and the highest since 726 units were resold in May 2013.

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Just got this in my mailbox. Must be damn expensive development to advertise all the way to HK

 

attachicon.gifclunypark.jpg

This one is super atas & meant for the atas folks too

 

U must highly valued [:p][laugh]

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Turbocharged

The ads of local developers are pretty lame. Who cares if botanic gardens is on the world heritage list? It's not very nice. It's hot. Most important of all it's a morning playground for the upper echelons of Singapore. Go there for your morning exercise and you'll see. Oei Hong Leong is a regular. You can see popiah king as well. George Quek and Wee Ee Cheong are there as well.

 

I'm not part of them by the way

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Twincharged

Simple ... Any HDB is subsidized, no? ... You are using other's money to make more money for yourself, no? ...

 

Simply said, you want to Garang ... Can ... But use your own money ... Don't upgrade yourself with subsidies from the citizens ...

I agree with you. We should stop any kind of asset enhancement. It doesn't affect me.

 

But the govt may have to explain where the subsidy comes from...

 

http://www.channelnewsasia.com/mobile/singapore/new-flats-in-clementi/1887880.html

 

I think there has been a shift in the policy for some time already.

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Twincharged

Simple ... Any HDB is subsidized, no? ... You are using other's money to make more money for yourself, no? ...

 

Simply said, you want to Garang ... Can ... But use your own money ... Don't upgrade yourself with subsidies from the citizens ...

I agree with you. We should stop any kind of asset enhancement. It doesn't affect me.

 

But the govt may have to explain where the subsidy comes from...

 

http://www.channelnewsasia.com/mobile/singapore/new-flats-in-clementi/1887880.html

 

I think there has been a shift in the policy for some time already.

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Twincharged

Let's rally for hdb owners to pay up the "subsidy with interests" to privatize units. Their yields honestly eat into private yields too much. I will help you hold placards.

 

With the strong resentments against HDB asset enhancement, I am sure current HDB owners will know what actions to undertake.

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Fatt gor so active last nite kekeke my view is similar to fatt gor. The concern here is to draw a line betw what is living , what is investment. But g0v has blurred this line. The children will suffer . Doing patching policy is not helping.

Just my view hor no change from b4 ... kekeke

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