Private-property prices fall sharply in core area

[Sabbie]

  On 2/11/2012 at 10:59 PM, Emile12345 said:

I am in the export business. Property is for passive income.

 

Oic, coolz

[Voodooman]

I am waiting for the day when one can walk into a completed project (BTO, EC or private) and buy unsold unit directly from the govt/ developer, like buying car, can see/touch actual product before signing the cheque. It happened during last crash and should happen again, property almost always under/overshoot, both in prices and suppy due to the long gestation period.

[Sabbie]

  On 2/11/2012 at 4:08 PM, Jj5599 said:

HAha, how about 999 years leasehold?

 

Stop talking nonsense la, after your Balestier KTV area is a prestigious and peaceful area, you lost all crediability leow...

[Krieger]

Sabbie , there are 999 lease hold private properties. But there's a catch to it.

 

 

 

 

 

  On 2/12/2012 at 1:59 AM, Sabbie said:

Stop talking nonsense la, after your Balestier KTV area is a prestigious and peaceful area, you lost all crediability leow...

 

[Sabbie]

  On 2/12/2012 at 2:02 AM, Krieger said:

Sabbie , there are 999 lease hold private properties. But there's a catch to it.

 

Yes I know, usually alot of them left 800 over years, when you amortize it, it's almost as good as FH....so what catch

[2009k]

  On 2/12/2012 at 2:04 AM, Sabbie said:

Yes I know, usually alot of them left 800 over years, when you amortize it, it's almost as good as FH....so what catch

 

 

If I'm not wrong, 999 leasehold can be reduced by govt... Freehold cannot.

[Old-driver]

  On 2/12/2012 at 2:50 AM, 2009k said:

If I'm not wrong, 999 leasehold can be reduced by govt... Freehold cannot.

Is that right? This is something unheard of

[Sabbie]

  On 2/12/2012 at 2:57 AM, Old-driver said:

Is that right? This is something unheard of

 

I have not heard of this too....

[Cheepo]

  On 2/12/2012 at 2:50 AM, 2009k said:

If I'm not wrong, 999 leasehold can be reduced by govt... Freehold cannot.

 

 

Yes. I have heard about this. There seems to be a difference.

 

[Old-driver]

  On 2/13/2012 at 10:09 AM, Cheepo said:

Yes. I have heard about this. There seems to be a difference.

So what happens if the govt wants to reduce the tenure? Ever happen before?

[Relacklabrudder]

  On 2/13/2012 at 10:15 AM, Old-driver said:

So what happens if the govt wants to reduce the tenure? Ever happen before?

 

 

Even if they reduce they will compensate u right?

[Jj5599]

I never say I live at Balestier leh

[Wyfitms]

  On 2/13/2012 at 10:09 AM, Cheepo said:

Yes. I have heard about this. There seems to be a difference.

 

I dont think that is legal. In any case, there is no reason for the govt to 'reduce' the tenure. If they want your land, they will use the land acquisitions act

[Shanhz]

  On 2/12/2012 at 2:50 AM, 2009k said:

If I'm not wrong, 999 leasehold can be reduced by govt... Freehold cannot.

 

marymount FH terrace houses acquired for north south expressway

so... got wat diff?

[Yewheng]

  On 2/18/2012 at 12:13 AM, Shanhz said:

marymount FH terrace houses acquired for north south expressway

so... got wat diff?

 

Maybe government settled by paying the owner a good sum of $ for the land acquisition and the owner accept it ??

So it's settlement between gov and owner.

 

I maybe wrong though.

Edited February 18, 2012 by Yewheng

[Unidentified]

hippee!more good years ahead!

continue living at my void deck where i can feel the air breeze and cooling ground to sleep on.

 

those pigeons holes sinkies who bought their pigeon holes at sky high price better don't jump and land near my sleeping area and wake me up,thank u!

Edited April 19, 2012 by Unidentified

[SimonTan]

It will bounce back with a vengeance once the economic situation is more clear.

Singapore Boleh.

Those who missed out in 1994, 1998, 2004, 2008.

Better get ready for the next quantum leap in end 2013 to 2014.

The upswing will come next year, are u ready with cash to soak up the cheap properties?