Singapore Property Scene Discussion

[therock]

The next few weeks will be interesting.. 

[Angcheek]

On 1/18/2021 at 10:56 PM, Wt_know said:

covid? where? only sold sold sold ...  

the more ah gong talk ... the faster the price run because all scare ah gong chut new pattern  

More grant for strawberry gen and keep price high high up in the sky for the rest.  😄 

 

[Angcheek]

On 1/19/2021 at 6:53 PM, Wt_know said:

no matter what liang teh ...

the property train is .... 

Going Busan ? 😂😂😂

[Angcheek]

On 1/20/2021 at 9:31 AM, Wt_know said:

at least spore has proven that there is 1 thing that can defy gravity ... lol

Haha SG is a debt economy... very deep in . Now 骑虎难下 . Need more dept to create more wealth  . 😅

[therock]

The inexorable rise in property prices and the ability of buyers to afford ever higher COEs tells me there are enough people who seem to be unaffected by the downturn.

In fact, it's an opportunity to get that dream home.

But we do want to have income, rentals, capital gain, and there in lies the dilemma... socialist style housing, or market forces... 

[therock]

https://www.channelnewsasia.com/news/commentary/singapore-homes-become-workspaces-huge-changes-work-home-13220992

This part is interesting:

Quote

CHANGES IN THE HOME

The modern Singapore home is not really suited for WFH where homes have been designed for rest, retreat and dining, with little remaining space for work.

According to the Department of Statistics, the average household size for HDB 4-room flat is 3.22 with a typical floor area of 90 sqm - meaning around 28 sqm per person.

This number is lower for families who live in compact shoebox units with a typical floor area of around 50 sqm.

Many have repurposed the dining table for work but even that can be challenging with video calls and home-based learning happening simultaneously.

Separate study areas where each family member can focus on work or school is ideal, beyond bedrooms providing this makeshift segregation. Some households may prefer an additional purpose-built study room.

In retrospect, the 2018 URA guidelines requiring a minimum average unit size of 85 sqm for new developments in OCR and 100 sqm in selected areas, which may have been intended to reduce infrastructure strain in neighbourhoods, now look prescient where they mandate developers to provide larger spaces for residents.

READ: Goodbye office: Is the future of work in our homes?

File photo of the SkyTerrace@Dawson HDB flats. (Photo: Facebook/HDB)

LISTEN: Disruption 101: How COVID-19 is revolutionising work

Beyond the need for more space, the trouble is homes are built differently from offices. Residential flats tend to be built with a north-south facing to minimise sun glare and heat coming into flats, whereas offices have glass facades to permit natural lighting.

Residential buildings are less well insulated acoustically to cut off noise. Traffic noise, noisy neighbours, and people movements can pose unhelpful distractions when working from home.

But simple improvements, like ensuring stable and reliable high-speed broadband networks, installing day curtains and setting up a home office space with a comfortable, table, chair and monitor, can vastly improve productivity.

 

[Wt_know]

HK 500sqft (46sqm) "average size" for "family" is coming hor ... ya'll mai hiam la!

it's 500sqft not typo for 1500sqft hor ...   

think ahead ... set up furniture shop with "mini size" ... sure huat until siao ... 

Edited January 24, 2021 by Wt_know

[Showster]

Just don’t forget the several years of stagnant growth in SG while roaring growth was recorded in every modern economy.

We have some room if the growth in 2021-2022 is below 5-10% or so.

[Wt_know]

whatever policy G come up ... there is countermeasure

one wants to win in property ... whatever it takes ...  

must learn from the best

[Didu]

On 1/24/2021 at 10:44 AM, therock said:

https://www.channelnewsasia.com/news/commentary/singapore-homes-become-workspaces-huge-changes-work-home-13220992

This part is interesting:

"Residential buildings are less well insulated acoustically to cut off noise. Traffic noise, noisy neighbours, and people movements can pose unhelpful distractions when working from home."

Having a pair of good noise cancelling headphones with built-in mic should help.

[Sp4wn]

On 1/17/2021 at 3:26 PM, Volvobrick said:

Banks only send people to conduct valuations, they don't survey. These are not professional engineers who look for illegal constructions unless it is so blatant like building 3 and a half storey in a 2 and a half zone. 

spot on. i was going to come and reply too .. which bank so bo liao to ask for surveyor report.

when you take the OTP, the onus is on the buyer to do his own DD. that also means, dont use a shit lawyer. make sure the lawyer does the basic title searches etc etc and highlight any issues like roadline / setback etc. after that its up to you to hire your own surveyor.

[therock]

1 hour ago, Didu said:

Having a pair of good noise cancelling headphones with built-in mic should help.

Cannot la bro

its pretty uncomfortable to wear all the time or use when you are trying to sleep..

 

[Throttle2]

On 1/16/2021 at 9:59 PM, Wt_know said:

bro, it’s not hope ... it’s fore sureeeeee

triple confirmed

Huat huat huat.

buy high, valuation high , feel shiok but cant sell cant monetise......thats property for you today.  
 

hai.......... still trying to sell one or two of my 6 properties.   Cannot move leh.....

 

[therock]

https://www.straitstimes.com/singapore/courts-crime/hdb-flat-to-be-priced-at-market-rate-not-surrender-value-when-couple-split?utm_campaign=stfb&utm_medium=social&utm_source=facebook&fbclid=IwAR1OSUfN5oSx8dMdz7gZQPtRErDNO7Ogfqr0Z1w7ao8QvjspCEPY_h-ZRF0

 

Market value if you are splitsville... 

[therock]

I’m listening to the property program on radio now and man... the agent is definitely trying hard to sell Treasures..

the next best thing to sliced bread..

why built an aircon ledge next to the bedroom?

better airflow ??? Hahaha 

what about the noise levels 

quick, hurry down.. cheap cheap 👌 

[noobcarbuyer]

Unbelievable. Was just sent this by a friend. 

Punggol is so far from the city and yet the HDB 4 roomers are being sold at about $550,000 on average. And the HDB 5 roomers are going for $700,000 onwards! 

And what is a 5 roomer loft unit at $900,000? That's almost a resale private condo pricing in the outskirts. 

How is this even possible? Punggol is so far out of the way that I have only been there a couple of times to visit the park and the waterway. 

[kobayashiGT]

25 minutes ago, noobcarbuyer said:

Unbelievable. Was just sent this by a friend. 

Punggol is so far from the city and yet the HDB 4 roomers are being sold at about $550,000 on average. And the HDB 5 roomers are going for $700,000 onwards! 

And what is a 5 roomer loft unit at $900,000? That's almost a resale private condo pricing in the outskirts. 

How is this even possible? Punggol is so far out of the way that I have only been there a couple of times to visit the park and the waterway. 

How does a 5rm loft looks like? 900,000 for punggol? woah. Land of gold sia. hahah.

[noobcarbuyer]

17 minutes ago, kobayashiGT said:

How does a 5rm loft looks like? 900,000 for punggol? woah. Land of gold sia. hahah.

Googled and this came up. Looks like a maisonette but appears a bit more cramped. 

$900,000 for a HDB flat at '鸟不生蛋' Punggol. Just wow. 

https://mothership.sg/2020/08/punggol-hdb-loft/