Singapore Property Scene Discussion

[Stary]

On 7/10/2024 at 11:55 AM, 13177 said:

People really super creative siah. Anything also can appear outside the corridor area.

Unfortunately, the creativity is built from inconsideration to others. 

Too many selfish, inconsiderate pple in SG.  

[Theoldjaffa]

Just wanna check with folks here: when you upgrade your home (move to a home that costs more and is better either in size or lifestyle positioning), specifically from HDB to a bigger HDB, or to Condo of any size, do you move to a similar locale or do you move outside of it?

For example, you currently stay in TPY, would you wanna upgrade to a condo in TPY/AMK/Bishan/Thomson area as priority, or you don't mind any location?

Reason I'm asking is people like Eric Chiew / PLB often mention about the condos' exit plan, which is to tap on upgraders who live in the vicinity. Stacked Homes also stated in their article on Chuan Park that "Usually, a sizeable proportion of buyers will come from HDB upgraders who are already living in the general area"

Personally I don't view living in the same area as a priority, i've moved from the far west to far south to middle of SG and I may move far north next (JB )

What's your view? Are what these gurus saying actually make sense regarding the upgrader catchment pool?

[Throttle2]

Siao ah!  Put onsen spa entrance!?!?

move to Japan lah, cheaper than SG now anyway…

Edited July 10, 2024 by Throttle2

[Throttle2]

On 7/10/2024 at 4:49 PM, Theoldjaffa said:

Just wanna check with folks here: when you upgrade your home (move to a home that costs more and is better either in size or lifestyle positioning), specifically from HDB to a bigger HDB, or to Condo of any size, do you move to a similar locale or do you move outside of it?

For example, you currently stay in TPY, would you wanna upgrade to a condo in TPY/AMK/Bishan/Thomson area as priority, or you don't mind any location?

Reason I'm asking is people like Eric Chiew / PLB often mention about the condos' exit plan, which is to tap on upgraders who live in the vicinity. Stacked Homes also stated in their article on Chuan Park that "Usually, a sizeable proportion of buyers will come from HDB upgraders who are already living in the general area"

Personally I don't view living in the same area as a priority, i've moved from the far west to far south to middle of SG and I may move far north next (JB )

What's your view? Are what these gurus saying actually make sense regarding the upgrader catchment pool?

Wwhat he is saying stems from fair logic but inconclusive to me.

the logic as i would see, could come from the fact that hdb upgraders (mostly age 35 to 45) would have children who are schooling in that area as well as having their grandparents nearby.  Therefore all else equal, familiarity triumphs especially for Singaporeans who generally do not like to take a different route.

as for me, i lived in northeast growing up, moved to central for a good 9-10yrs and then moved back to NE.  My next move is likely more central.

that said, i am not in the normal age of HDB upgrader. 😁

one thing i learn is everybody has different needs, wants, capabilities and aspirations which also changes as life moves on so we always have to make our own decisions never by listening/following a “guru’s” advice blindly.   

Edited July 10, 2024 by Throttle2

[therock]

https://www.straitstimes.com/singapore/housing/about-50-resale-listings-removed-from-hdb-flat-portal-for-unrealistic-pricing-misinformation 

Misleading ads removed...

[Kopites]

On 7/10/2024 at 10:54 PM, therock said:

https://www.straitstimes.com/singapore/housing/about-50-resale-listings-removed-from-hdb-flat-portal-for-unrealistic-pricing-misinformation 

Misleading ads removed...

Is this one of the mechanism to regulate hdb resales market? What consititute an "unrealistic " pricing? Hdb own benchmark? Shouldn't free market pricing should leave it to the market sentiment in general. 

Haiz....Goodluck to all hdb dwellers.  

[Volvobrick]

On 7/11/2024 at 9:12 AM, Kopites said:

Is this one of the mechanism to regulate hdb resales market? What consititute an "unrealistic " pricing? Hdb own benchmark? Shouldn't free market pricing should leave it to the market sentiment in general. 

Haiz....Goodluck to all hdb dwellers.  

Housing cannot be totally free market one. Good to moderate the price increases for the sakenof the next gen. 

[Wt_know]

On 7/11/2024 at 9:46 AM, Volvobrick said:

Housing cannot be totally free market one. Good to moderate the price increases for the sakenof the next gen. 

public housing should be moderated

private housing ... market forces ... 

the problem in spore is public housing = shadow market of private housing = able to flip prata to maximize profit

[inlinesix]

On 7/11/2024 at 9:47 AM, Wt_know said:

public housing should be moderated

private housing ... market forces ... 

the problem in spore is public housing = shadow market of private housing = able to flip prata to maximize profit

Boh pian.

Without increase in open market, new unit cannot sell higher.

If new unit cannot sell higher, it means MoF have to give more grant.

If MoF need to give more grant, it means GST going up very fast.

[Wt_know]

On 7/11/2024 at 11:20 AM, inlinesix said:

Boh pian.

Without increase in open market, new unit cannot sell higher.

If new unit cannot sell higher, it means MoF have to give more grant.

If MoF need to give more grant, it means GST going up very fast.

chicken wing and whole chicken theory .... 

[inlinesix]

On 7/11/2024 at 11:30 AM, Wt_know said:

chicken wing and whole chicken theory .... 

Not really.

This is 1g fault🤭

[13177]

On 7/10/2024 at 10:53 PM, Throttle2 said:

Wwhat he is saying stems from fair logic but inconclusive to me.

the logic as i would see, could come from the fact that hdb upgraders (mostly age 35 to 45) would have children who are schooling in that area as well as having their grandparents nearby.  Therefore all else equal, familiarity triumphs especially for Singaporeans who generally do not like to take a different route.

as for me, i lived in northeast growing up, moved to central for a good 9-10yrs and then moved back to NE.  My next move is likely more central.

that said, i am not in the normal age of HDB upgrader. 😁

one thing i learn is everybody has different needs, wants, capabilities and aspirations which also changes as life moves on so we always have to make our own decisions never by listening/following a “guru’s” advice blindly.   

Seems like even though many people have move here move there but ultimately still prefer to stay somewhere in the central area, why ar? So far not many people would like to stay in west area. Lol.

[13177]

On 7/10/2024 at 4:49 PM, Theoldjaffa said:

Just wanna check with folks here: when you upgrade your home (move to a home that costs more and is better either in size or lifestyle positioning), specifically from HDB to a bigger HDB, or to Condo of any size, do you move to a similar locale or do you move outside of it?

For example, you currently stay in TPY, would you wanna upgrade to a condo in TPY/AMK/Bishan/Thomson area as priority, or you don't mind any location?

Reason I'm asking is people like Eric Chiew / PLB often mention about the condos' exit plan, which is to tap on upgraders who live in the vicinity. Stacked Homes also stated in their article on Chuan Park that "Usually, a sizeable proportion of buyers will come from HDB upgraders who are already living in the general area"

Personally I don't view living in the same area as a priority, i've moved from the far west to far south to middle of SG and I may move far north next (JB )

What's your view? Are what these gurus saying actually make sense regarding the upgrader catchment pool?

All depend on your own lifestyle and factors. I think most people prefer to stay in the same area or not far from the area that they have been staying in all their life. Some want to stay in same area also due to kids school is nearby or want to near to parents/in-law house, so cannot move too far away. Many people still want to stay near to family/friends, so that if anything happen can get help easier. Even though SG not that big either la.

But some people if do not constraint by the above factors, might try new area. For me i do not mind trying new area, even though familiar area is not bad la. 

[Volvobrick]

On 7/11/2024 at 2:39 PM, 13177 said:

All depend on your own lifestyle and factors. I think most people prefer to stay in the same area or not far from the area that they have been staying in all their life. Some want to stay in same area also due to kids school is nearby or want to near to parents/in-law house, so cannot move too far away. Many people still want to stay near to family/friends, so that if anything happen can get help easier. Even though SG not that big either la.

But some people if do not constraint by the above factors, might try new area. For me i do not mind trying new area, even though familiar area is not bad la. 

Try new area is not like trying new food. Very mafan! 

I have been living in the west. Or slightly west. Somehow feel roads are less congested (except when LTA c0cks up the traffic light timings) and more greenery.

[Theoldjaffa]

On 7/11/2024 at 2:39 PM, 13177 said:

All depend on your own lifestyle and factors. I think most people prefer to stay in the same area or not far from the area that they have been staying in all their life. Some want to stay in same area also due to kids school is nearby or want to near to parents/in-law house, so cannot move too far away. Many people still want to stay near to family/friends, so that if anything happen can get help easier. Even though SG not that big either la.

But some people if do not constraint by the above factors, might try new area. For me i do not mind trying new area, even though familiar area is not bad la. 

me and my sec sch friends grew up in the west.

now i only know 2 of them still in the west. the rest bought BTOs in Sengkang, Punggol, Yishun, Bukit Panjang and then moved to other locations liao.they didn't really stay in the same locale just like me. 

but ya u and throttle2 make good points about kids sch and being near parents.

[Dp26]

On 7/10/2024 at 4:49 PM, Theoldjaffa said:

Just wanna check with folks here: when you upgrade your home (move to a home that costs more and is better either in size or lifestyle positioning), specifically from HDB to a bigger HDB, or to Condo of any size, do you move to a similar locale or do you move outside of it?

For example, you currently stay in TPY, would you wanna upgrade to a condo in TPY/AMK/Bishan/Thomson area as priority, or you don't mind any location?

Reason I'm asking is people like Eric Chiew / PLB often mention about the condos' exit plan, which is to tap on upgraders who live in the vicinity. Stacked Homes also stated in their article on Chuan Park that "Usually, a sizeable proportion of buyers will come from HDB upgraders who are already living in the general area"

Personally I don't view living in the same area as a priority, i've moved from the far west to far south to middle of SG and I may move far north next (JB )

What's your view? Are what these gurus saying actually make sense regarding the upgrader catchment pool?

Think it definitely makes sense for most people if they do not have other motives, kids and school or parents. 
 

familiarity and ease especially when older can be quite important or comforting…

 

but what the agents say also applies to oneself, you sell higher but also want to stay within same locale, LPPL, you end up also paying higher unless it’s a downgrade. 

[13177]

On 7/11/2024 at 4:35 PM, Theoldjaffa said:

me and my sec sch friends grew up in the west.

now i only know 2 of them still in the west. the rest bought BTOs in Sengkang, Punggol, Yishun, Bukit Panjang and then moved to other locations liao.they didn't really stay in the same locale just like me. 

but ya u and throttle2 make good points about kids sch and being near parents.

Many people would need to stay near parents, esp when they are getting older, easier to look out and take care of them. Even though like i said, SG is not big, but travelling from east to west also not say very fun. So some people might try new places if they no longer need to take care of their parents liao.

[Theoldjaffa]

On 7/11/2024 at 4:49 PM, 13177 said:

Many people would need to stay near parents, esp when they are getting older, easier to look out and take care of them. Even though like i said, SG is not big, but travelling from east to west also not say very fun. So some people might try new places if they no longer need to take care of their parents liao.

for me, my parents in west, my wife's parents in NE. so we chose the middle which is to go south 😆