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Mercs: property news & updates


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Huat ah! :D

https://www.edgeprop.sg/property-news/million-dollar-hdb-flats-reach-record-highs-2023-despite-inflationary-pressures-and-policy-change

Million-dollar HDB flats reach record highs in 2023 despite inflationary pressures and policy changes

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https://www.edgeprop.sg/property-news/ccr-luxury-condos-achieve-new-price-highs-above-5000-psf

CCR luxury condos achieve new price highs above $5,000 psf

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https://www.edgeprop.sg/property-news/ultra-luxury-district-10-condos-reap-sky-high-profits

Ultra-luxury District 10 condos reap sky-high profits

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https://www.edgeprop.sg/property-news/bungalow-prices-prime-districts-67-2023-even-transactions-tumble

Bungalow prices in prime districts up 6.7% in 2023, even as transactions tumble

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https://www.edgeprop.sg/property-news/luxury-condo-market-2023-shaken-and-stirred-absd-money-laundering

Luxury condo market in 2023: Shaken and stirred by ABSD, money laundering

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https://www.edgeprop.sg/property-news/private-residential-market-outlook-and-upcoming-launches-2024

Private residential market outlook and upcoming launches in 2024

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On 12/12/2023 at 11:52 PM, Mercs said:

Not surprising, low takeup PLH can summarize in few factors- 1) price more expensive 2) longer build + MOP time already 15yrs of property journey 3)more restrictions like subsidy clawback during sale but the big one is (cannot rent out whole unit even after MOP etc.  eg: we never know, future maybe can stay with family rent out whole unit fund retirement, always good to have this option available)

 

And we have yet another new RECORD. Huat ah! :D

 

https://www.asiaone.com/money/5-room-hdb-flat-tanjong-pagar-rented-out-record-7600

5-room HDB flat in Tanjong Pagar rented out for record $7,600

 

A rare exception or a sign of things to come?

A five-room flat in Block 2 Tanjong Pagar Plaza was rented out for a record $7,600 last month, according to HDB records. 

HDB records showed that this is only the second time monthly rents for flats have exceeded the $7,000 mark.

In September, a five-room unit in 11 Pine Close near Old Airport Road went for $7,400 a month.

But this unit in Tanjong Pagar is a new high for HDB monthly rental rates in Singapore, Shin Min Daily News reported on Thursday (Dec 22). 

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On 2/14/2024 at 2:32 PM, Dp26 said:

Hope everything is ok @Mercs

 

this thread quiet for some time.. 

Realised the same thing too.. hope everything is fine with @mercs too.

No wonder the forum has been very quiet on property updates.

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On 4/8/2024 at 3:39 PM, PSP415 said:

True, tot he's been awfully busy, like me 😅

Drop us a line that all's well, bro @Mercs.

 

People do come and go all the time but mercs has definitely left a mark here on the property front.

The sad thing about online forums in general is that if one goes, for whatever reason, the rest of us will never know. Just hope it's nothing bad and it's a voluntary opt out.

Anyone here knows him personally? 

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Hypersonic
On 4/9/2024 at 11:13 AM, Invigorated said:

People do come and go all the time but mercs has definitely left a mark here on the property front.

The sad thing about online forums in general is that if one goes, for whatever reason, the rest of us will never know. Just hope it's nothing bad and it's a voluntary opt out.

Anyone here knows him personally? 

People indeed do come and go all the time, be it in reality life or in online forum. Many times there is no reason and the person can just like that disappear.

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