Mercs Hypersonic March 2, 2017 Share March 2, 2017 http://www.propertyguru.com.sg/property-management-news/2017/3/147614/condominiums-under-1-million Condominiums under $1 million March 2, 2017 ↡ Advertisement 8 Link to post Share on other sites More sharing options...
Newbie26 Hypersonic March 2, 2017 Share March 2, 2017 Report raving about one bedder <$1M Thought 1 bedder not in fashion in last few years already. >800k MM unit at balestier, not so sure it is a good buy, rentals cannot even pay for the loans One shenton sold for 880k recently?, cant find any in ura records Developers nowadays trying to market 500plus square feet 2 bedder for<1m quantum game but long term, these kinds of super small 2bedders or 3 bedders probably more suited for CDB area http://www.propertyguru.com.sg/property-management-news/2017/3/147614/condominiums-under-1-millionCondominiums under $1 millionMarch 2, 2017 14 Link to post Share on other sites More sharing options...
Wyfitms Twincharged March 2, 2017 Share March 2, 2017 There are strong reasons for thinking so... These set of values see to have stabilised - this data is from NUS. http://www.ires.nus.edu.sg/webapp/srpi/doc/SRPI_White_Paper_24Mar2010_pdf.pdf SRX index for resales has also seen increases for the last two months for CCR more or less consistent with this index. The leader has started to move in quite a stable direction. With effect from January 2013, IRES will publish the SRPI chart using March 2009 as the base period. The SRPI and its sub-indices bottomed then and this change better reflects the movement in price. I said before I don't think our govt can engineer a soft landing..Looking at this graph, it seems like they have done quite well so far. But we are still some way from the true valuations. Now to see how they can taper off the CM in due course without causing a rapid spike in prices Report raving about one bedder <$1M Thought 1 bedder not in fashion in last few years already. >800k MM unit at balestier, not so sure it is a good buy, rentals cannot even pay for the loans One shenton sold for 880k recently?, cant find any in ura records Developers nowadays trying to market 500plus square feet 2 bedder for<1m quantum game but long term, these kinds of super small 2bedders or 3 bedders probably more suited for CDB area Not in fashion, trueBut in a city of 5 million, I don't think it is hard to find a few thousand buyers for such units 1 Link to post Share on other sites More sharing options...
Mercury1 Turbocharged March 2, 2017 Share March 2, 2017 Time of the year to post income tax, to those with properties please untick the 15% expense at default at the top if you intend to populate with your own information. Otherwise blardy Iras website will clear down your inputs and you need to redo. 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 @Newbie26 (unable to quote reply to your post) Yes bro, near one mil for one bedder is ... The other is 500plus sqft for 2 bedder ... But I think one bedder will always be in fashion (lower quantum) and even more so when population increase and psf goes sky high in future (look at HK) Can't locate the One Shenton 880k caveat too, maybe not out yet...or buyer full cash? The nearest in terms of price is this- http://www.theedgeproperty.com.sg/project/residential/one-shenton-1382 22 Jan 16 1 Shenton Way #XX-XX Resale 517 Strata 1,839 950,000 HDB Developers play quantum game, squeeze the units small small to sell psf high high. I say before and say again ... do look into resale for better value 8 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic March 3, 2017 Share March 3, 2017 @Newbie26 (unable to quote reply to your post) Yes bro, near one mil for one bedder is ... The other is 500plus sqft for 2 bedder ... But I think one bedder will always be in fashion (lower quantum) and even more so when population increase and psf goes sky high in future (look at HK) Can't locate the One Shenton 880k caveat too, maybe not out yet...or buyer full cash? The nearest in terms of price is this- http://www.theedgeproperty.com.sg/project/residential/one-shenton-1382 22 Jan 16 1 Shenton Way #XX-XX Resale 517 Strata 1,839 950,000 HDB Developers play quantum game, squeeze the units small small to sell psf high high. I say before and say again ... do look into resale for better value Resale does offers a better quality :) Also better do a research on the management office and the general maintenance in the resale before committing to buy :) 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 Huat ah! Who huat? Seller who sold with huge profits ... or buyer who bought on the low side ... or both? https://www.srx.com.sg/singapore-property-news/33412/good-class-bungalow-at-garlick-ave-s2388-million Good Class Bungalow at Garlick Ave: S$23.88 million 03 Mar 2017 PROPERTY developer Sustained Land's boss, Douglas Ong, is buying a Good Class Bungalow (GCB) along Garlick Avenue in District 10. The S$23.88 million price translates to S$858 per square foot (psf) based on the freehold land area of 27,829 sq ft. Market watchers consider the psf price to be on the low side, even if the transaction is seen as reflecting purely the land value. one reason for the pricing is that the site cannot be subdivided, given the minimum 15,070 sq ft plot size stipulated by the authorities for any newly created bungalow within a GCB Area. This shrinks the pool of buyers as it may be beyond some budgets. Another factor that is likely to have affected the pricing for the Garlick Avenue property is that the owners - a couple - are expected to stay on in the house for about six to nine months after the sale is completed. The sellers have also granted Mr Ong a slightly longer than normal period to exercise the option. This effectively means the sellers will vacate the property in about a year's time - whereas most buyers would want to take possession of the bungalow as soon as possible. The family paid S$10.5 million for the property back in 1998. 12 Link to post Share on other sites More sharing options...
Vinceng Turbocharged March 3, 2017 Share March 3, 2017 Huat ah! Who huat? Seller who sold with huge profits ... or buyer who bought on the low side ... or both? https://www.srx.com.sg/singapore-property-news/33412/good-class-bungalow-at-garlick-ave-s2388-million Good Class Bungalow at Garlick Ave: S$23.88 million 03 Mar 2017 Gone are the days when property can be flipped. Prices are now way too high. Even if you sell at a higher price some years down the road, profits would be absorbed by the ABSD (if applicable), stamp duties and loan interest paid. 1 Link to post Share on other sites More sharing options...
Showster Twincharged March 3, 2017 Share March 3, 2017 (edited) Gone are the days when property can be flipped. Prices are now way too high. Even if you sell at a higher price some years down the road, profits would be absorbed by the ABSD (if applicable), stamp duties and loan interest paid. Sellers don't pay ABSD; sellers stamp duty is not applicable after 4 years. As for interest, maintenance fees and all other taxes and expenses, rent or assumed rent will more than cover them Edited March 3, 2017 by Showster 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 Resale does offers a better quality :) Also better do a research on the management office and the general maintenance in the resale before committing to buy :) Good points to note Also must check the pool for Gone are the days when property can be flipped. Prices are now way too high. Even if you sell at a higher price some years down the road, profits would be absorbed by the ABSD (if applicable), stamp duties and loan interest paid. Yup, with SSD ... no longer possible for quick flip. No crystal ball, prices may seem high for now but as with previous, the expensive of today, may be the cheap of tomorrow. Half full or half empty, some see expensive ... others see value! 5 Link to post Share on other sites More sharing options...
Vinceng Turbocharged March 3, 2017 Share March 3, 2017 Best to get property from auctions, or where there are some past history, eg. owner commited suicide. Possible to catch some bargains. 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 http://sbr.com.sg/commercial-property/news/singapore-still-best-destination-asias-ultra-rich Singapore still the best destination for Asia's ultra-rich Mar 2, 2017 http://www.businesstimes.com.sg/real-estate/singapore-property-still-a-top-draw-for-asias-ultra-rich Singapore property still a top draw for Asia's ultra-rich Mar 2, 2017 http://sbr.com.sg/commercial-property/in-focus/what-makes-singapore-property-attractive-foreign-investors-yearWhat makes Singapore property attractive for foreign investors this year Mar 3, 2017 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 Prices bottom...good time to buy...really bo? http://www.propertyguru.com.sg/property-management-news/2017/3/147684/good-time-to-buy-singapore-luxury-homes-jll Good time to buy Singapore luxury homes: JLL March 3, 2017 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 3, 2017 Share March 3, 2017 But I think one bedder will always be in fashion (lower quantum) and even more so when population increase and psf goes sky high in future (look at HK) Our 6.9mil coming soon? https://www.domain.com.au/news/in-the-worlds-hottest-property-market-hong-kong-home-prices-have-risen-370-per-cent-20170227-gumbae/ In Hong Kong home prices have risen 370 per cent to new record Feb 27, 2017 Skyrocketing Hong Kong property prices spur 'coffin homes' Property prices in Hong Kong are among the most unaffordable in the world, making so called 'coffin homes' common in the financial hub of more than seven million people. http://www.businesstimes.com.sg/real-estate/soaring-hong-kong-office-rents-are-now-triple-those-of-singaporeSoaring Hong Kong office rents are now triple those of Singapore Mar 3, 2017 9 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic March 4, 2017 Share March 4, 2017 Good points to note Also must check the pool for Yup, with SSD ... no longer possible for quick flip. No crystal ball, prices may seem high for now but as with previous, the expensive of today, may be the cheap of tomorrow. Half full or half empty, some see expensive ... others see value! Point to note when checking the Pool for chio cai.... do it when your spouse isn't around 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 4, 2017 Share March 4, 2017 Point to note when checking the Pool for chio cai.... do it when your spouse isn't around Like this type of chio cai? 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 4, 2017 Share March 4, 2017 http://www.businesstimes.com.sg/real-estate/dc-rates-rise-to-play-catch-up-with-land-prices DC rates rise to play catch-up with land prices Mar 1, 2017 http://www.straitstimes.com/business/property/development-charges-increased-for-three-property-market-sectors Development charges increased for three property market sectors Mar 1, 2017 http://www.straitstimes.com/business/property/a-close-watch-on-land-pricesA close watch on land prices Mar 4, 2017 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic March 4, 2017 Share March 4, 2017 Developer also loading up ah ... huat ah! http://www.businesstimes.com.sg/real-estate/far-east-buying-gcb-in-king-albert-park-for-s438m Far East buying GCB in King Albert Park for S$43.8m Mar 4, 2017 (It will amalgamate 39,228-sq-ft site with four adjoining plots it already owns for redevelopment into an investment property) ↡ Advertisement 4 Link to post Share on other sites More sharing options...
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