HDB REsales price

[Othello]

It has begun .....

 

punggol 5rm 2nd flr sold 39K below valuation

[Animian]

It has begun .....

 

punggol 5rm 2nd flr sold 39K below valuation

 

HDB is to keep not for sales...if need to sell to finance the next property then might as well stick to HDB and continue to get govt subsidies

[Kangadrool]

the "noble" cause for EC is to provide a upgrade path for sporean to upgrade from hdb to ec ... since many kaypoh kaypoh say PC is expensive and cannot afford

 

1. EC is for uprader ... ie: sell hdb at 450K ... buy ec at $900k ... balance is only $450k ... somemore the hdb must be fully paid hor

2. EC is for people with $$$ in the bank who is capable to redeem the EC in less than 10 years ... ie: at the age 25-30 is manager, at the age of 35-40 is director/regional level liao

 

those who can only afford 20% downpayment and take $720K loan (+ another $350k interest) and expect to fully paid in 25-30 years loan period can kiss goodbye to their cpf retirement.

and the govt answer to that is either downgrade (sell, cash out and must move to cheaper housing) or rent out rooms to sustain your retirement

fail to do so ... then cry papa cry mama ... old liao ... cpf no money ... must q for hours in polyclinic to treat fever and flu

so ... we must have "new buyer" to come in to buy the old $900K ec ... else who is going to buy if every sporean got their EC when 25-30 and thinking to sell at 55-60 to cash out?

if there were no PR to buy the $450-$500k hdb ... how hdb upgrader buy ec?

 

when a family start to mature ie: got married > children > maid > car > expensive holiday > etc ... expenses rise 50% but income do not rise in the same speed

 

If everyone can think like you, there won't be a craze over "upgrading".

 

[Vinepro]

Can still apply for EC if current HDB loan not paid up but have MOP?

[Hiphiphoray]

Must be sell to own relative.

 

It has begun .....

 

punggol 5rm 2nd flr sold 39K below valuation

 

[Othello]

Can still apply for EC if current HDB loan not paid up but have MOP?

 

yes can

[Othello]

Must be sell to own relative.

 

or maybe haunted ....

 

[Animian]

or maybe haunted ....

 

 

or loan shark

 

[Scholesy]

latest unemployment rate for SC and SPR - 3%

vacancy for existing rental units in the mkt increased 0.4ppt to 5.6%

more than 35,000 units to enter in 2013 and 2014

total confirmed 100k units in pipeline (until 2017). another 12k units pending, taking in jus concluded land sales.

 

above all gahmen numbers. next month fed meeting (print money cannot last forever). how they can continue zero int rate after closing tap vital.

 

gahmen holding trump card of 6.9M but cost of living/inflation main concern for MNC (cheap labour FT cannot last forever). MNC/banks are alr relocating back offices to MNL, India, MY. Dunno who they end up bring in for the 6.9M. *sweat*

 

u need a lot of guts if u still believe in this ppty game. like all the J-gateway buyers.

 

[Coltplussport]

or loan shark

 

COV to high also kpkb, too low also kpkb, very difficult to please.

[Coltplussport]

or loan shark

 

COV to high also kpkb, too low also kpkb, very difficult to please.

[Coltplussport]

or loan shark

 

COV too high also kpkb, too low also kpkb, very difficult to please.

Edited August 6, 2013 by Coltplussport

[Animian]

COV too high also kpkb, too low also kpkb, very difficult to please.

 

ok ok i get it no need to repeat 3x :P

 

i never believe in selling primary house to get another one...that is not upgrade to me :P

upgrade is keep primary house get 2nd house

 

if anything happen just sell away the 2nd house ...

Edited August 6, 2013 by Animian

[13177]

or loan shark

Thinking you rather buy a house haunted or loan shark if you can only choose between one?!

[Roh96]

i cant imagine why pple buy flat in sengkang n punggol in the first place

 

I believe this was a common question asked 20yrs ago, why ppl buy flat in Jurong or Tampines. Look at the town today.

[Duckduck]

gahmen holding trump card of 6.9M but cost of living/inflation main concern for MNC (cheap labour FT cannot last forever). MNC/banks are alr relocating back offices to MNL, India, MY. Dunno who they end up bring in for the 6.9M. *sweat*

 

thats a bad card not trump card. We r already 5.6M, 6.9M will be reached within 10yrs, so after that wat happens? Lots of pple complain abt 6.9M too many pple, but yet want their prop price to go up alot forever. Delusional.

Edited August 6, 2013 by Duckduck

[Mustank]

I believe this was a common question asked 20yrs ago, why ppl buy flat in Jurong or Tampines. Look at the town today.

 

hey guys! ponggol got new EC? Bery Good !!!!

 

http://eco-politan.sg/floor-plans/

 

[Roh96]

thats a bad card not trump card. We r already 5.6M, 6.9M will be reached within 10yrs, so after that wat happens? Lots of pple complain abt 6.9M too many pple, but yet want their prop price to go up alot forever. Delusional.

 

Yes, delusional. They want population to stop at 5.6M, want property prices to come down so that they collect their 2nd or 3rd one cheaply, but expect high rental to remain, value continue to appreciate...