Singapore Property Scene Discussion

[13177]

On 5/23/2024 at 4:24 PM, Dafansu said:

that's why the HDB side need to be car lite, if not those atas area owners will complain. 

Even no car lite at the HDB side, if i am those atas owners there, i am already not very happy that they build HDB there lo. You know that bt timah area is really consider high ses area lo. Now suddenly have HDB there. 😅 Unless they build HDB at the existing Toh Yi area, that area still not consider so high ses.

[Volvobrick]

On 5/23/2024 at 4:38 PM, Yeshe said:

Good heart need a long period of assessment. Good looks and rich only need short period. Nowadays young people no patience, how to find good heart??

After my stent ops I can't even say I have good heart.... Sigh... 

[Volvobrick]

On 5/23/2024 at 4:42 PM, 13177 said:

Even no car lite at the HDB side, if i am those atas owners there, i am already not very happy that they build HDB there lo. You know that bt timah area is really consider high ses area lo. Now suddenly have HDB there. 😅 Unless they build HDB at the existing Toh Yi area, that area still not consider so high ses.

No worries - they have mrt station there so the atas people won't see the hdbee dwellers coming out passing their atas homes. They will travel out underground! 

[inlinesix]

On 5/23/2024 at 4:59 PM, metalstream said:

Let's see who has the last laugh. 🤣 

I can laugh at ppl

[Throttle2]

On 5/23/2024 at 5:26 PM, metalstream said:

Confirmed, chop and paste

1970s, 3 room HDB flat average $10K
1980s, 3 room HDB flat average $40K

$2m is confirmed in the future 

From 2000s, with  the sudden explosive influx of Foreign Talents, all hell broke loose in the Singapore property market. 

 

good luck Singapore good luck

 

We need it

[Throttle2]

On 5/23/2024 at 4:16 PM, 13177 said:

Only the HDB estate will be car lite, but the surrounding area would continue to be car heavy. Cause how could those atas private house and all the elite schools be car lite lo. This is a joke la.

We know they’ve always been clowns. And jokes are always on the people

[Karoon]

On 5/23/2024 at 4:55 PM, Volvobrick said:

No worries - they have mrt station there so the atas people won't see the hdbee dwellers coming out passing their atas homes. They will travel out underground! 

Hope to see rental flat occupants father mother kids all on one e-bike with loud music criss-crossing into sixth avenue and atas enclaves for fun 😊 

[13177]

On 5/23/2024 at 4:53 PM, metalstream said:

By the time those HDB flats at Bt TImah are completed 2 decades later,  confirmed minimum $1m for BTO 4 room flat. 

Let's see if HDB builds 2rm and 3rm flats too. That will be equality becoming reality. The poor can finally tell their peers "I live in Bt Timah" 😁

I won’t live to see the resale of these ‘atas’ hdb flat there.

[13177]

On 5/23/2024 at 4:55 PM, Volvobrick said:

No worries - they have mrt station there so the atas people won't see the hdbee dwellers coming out passing their atas homes. They will travel out underground! 

No use no use. The surrounding atmosphere won’t be the same anymore when hdb is built there liao. Wait their atas homes value drop. 😅

[13177]

On 5/23/2024 at 6:41 PM, Karoon said:

Hope to see rental flat occupants father mother kids all on one e-bike with loud music criss-crossing into sixth avenue and atas enclaves for fun 😊 

Exactly what it might or will happen next time. Esp when the hdb can be rented out liao. The area would not be high ses anymore.

[Throttle2]

On 5/23/2024 at 6:41 PM, Karoon said:

Hope to see rental flat occupants father mother kids all on one e-bike with loud music criss-crossing into sixth avenue and atas enclaves for fun 😊 

That would be a cool scene.  😁  

[Volvobrick]

On 5/23/2024 at 7:11 PM, 13177 said:

Exactly what it might or will happen next time. Esp when the hdb can be rented out liao. The area would not be high ses anymore.

Can rent out Prime flats meh? Maybe will have new restrictions. No selling no renting for 20 years. 

[inlinesix]

On 5/23/2024 at 9:53 PM, Volvobrick said:

Can rent out Prime flats meh? Maybe will have new restrictions. No selling no renting for 20 years. 

They should.

Due to its high land cost, the grant given to HDB will be high.

[13177]

On 5/23/2024 at 9:53 PM, Volvobrick said:

Can rent out Prime flats meh? Maybe will have new restrictions. No selling no renting for 20 years. 

Prime flats cannot rent out whole unit? I still don't remember the rules and regulation for Prime flats. Only know the MOP period is 10 years. But even cannot rent out, but the selling price will be millions le, still worth la.

[Wt_know]

On 5/24/2024 at 7:50 AM, 13177 said:

Prime flats cannot rent out whole unit? I still don't remember the rules and regulation for Prime flats. Only know the MOP period is 10 years. But even cannot rent out, but the selling price will be millions le, still worth la.

still can rent out rooms ... 

10 years MOP is a solid "compounding" period ...

no $2M no sell 

huat ah!

Edited May 24, 2024 by Wt_know

[Wt_know]

i am OK for people to FLIP "public housing" instead of must buy/sell back to HDB and HDB become a property agent

i would suggest to set a CAP to the selling price based on 2/3/4/5 rooms flat ... reviewed every 3 or 5 years ... whatever

with the CAP ... people still can flip and make money but is capped based on a formula

whatever formula that ah gong says making public housing "affordable" loh .... isn't that's the motto for HDB public housing?

so that the public housing price do not run to the MOON !!!!

Edited May 24, 2024 by Wt_know

[Volvobrick]

On 5/24/2024 at 10:21 AM, Wt_know said:

i am OK for people to FLIP "public housing" instead of must buy/sell back to HDB and HDB become a property agent

i would suggest to set a CAP to the selling price based on 2/3/4/5 rooms flat ... reviewed every 3 or 5 years ... whatever

with the CAP ... people still can flip and make money but is capped based on a formula

whatever formula that ah gong says making public housing "affordable" loh .... isn't that's the motto for HDB public housing?

so that the public housing price do not run to the MOON !!!!

Nothing stopping the seller from selling his car and furniture at inflated prices as a condition for the sale. Like Reverse Overtrade in the car industry. 

[Wt_know]

On 5/24/2024 at 10:33 AM, Volvobrick said:

Nothing stopping the seller from selling his car and furniture at inflated prices as a condition for the sale. Like Reverse Overtrade in the car industry. 

no need car and furniture la ... 

existing already got trick liao ... it's called CASH OVER VALUATION ... COV !

i remember during crazy time ... COV can be as high as $100K+ ... nabei

Edited May 24, 2024 by Wt_know