Which Direction Will Property Prices Go ?

  • Need someone to talk to?
    Feeling down, anxious and need help? Mental Health Helpline: 6389-2222 (24 hours) More info

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
Well this PPI chart is from data.gov.sg, if you look at the OCR (orange line), it has gone up a lot.

https://data.gov.sg/dataset/price-indices-of-non-landed-properties-by-locality

Thanks. This is good data. :)

Lots of analysis can be done but I don't have time. Maybe passerboy who comments throughout the day even on working days can provide some insights into why OCR are outperforming.

My preliminary thinking is that new launches are becoming crazily expensive that buyers have no choice but to downgrade to OCR.
 

Passerboy

Supremacy Member
Joined
Jul 5, 2019
Messages
7,573
Reaction score
736
Only the new launches in OCR have shot up to crazy levels, that I know... :s22::s22:

What a joke “ new launches in OCR have shot up to crazy levels” I was merely copying what hola said and brought up examples of profitable recent new launch, High Park profits ain’t considered ?
 

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
What a joke “ new launches in OCR have shot up to crazy levels” I was merely copying what hola said and brought up examples of profitable recent new launch, High Park profits ain’t considered ?

Passer, i am very curious what do you do for a living?

New launches... we always think of new launches as being sold by DEVELOPERS. When I say new launches, I refer to those launched after 2017, those which had crazy land prices. Those high park units are already considered RESALES (recently completed new launches being marketing as RESALES).

Again I must repeat to bring awareness to the community... I have exposed you writing incorrect and misleading information countless times.
 

Passerboy

Supremacy Member
Joined
Jul 5, 2019
Messages
7,573
Reaction score
736
Passer, i am very curious what do you do for a living?

New launches... we always think of new launches as being sold by DEVELOPERS. When I say new launches, I refer to those launched after 2017, those which had crazy land prices. Those high park units are already considered RESALES (recently completed new launches being marketing as RESALES).

Again I must repeat to bring awareness to the community... I have exposed you writing incorrect and misleading information countless times.

Ur comments were in response to the others on the rising price index and naturally its assumed u referred to recently TOP new launch projects, no issues if I misunderstood. I may have misunderstood ur interpretation at times, but at least I think I have corrected it. Peace :)
 

Thanooors

Junior Member
Joined
May 2, 2019
Messages
71
Reaction score
0
Hola, can you explain this?

Why developer sell at more than $100k for those bounced units?

You seem to have lots of free time today :s22:

September has 68 bounced units transacted.

and out of this 68 bounced unit,

17 resold as 0% gain
8 resold as loses.
43 resold as PROFIT!!!! omg...

http://www.ytreporp.com/propertyinvestment.php

bounced_unit.jpg
 

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
Ur comments were in response to the others on the rising price index and naturally its assumed u referred to recently TOP new launch projects, no issues if I misunderstood. I may have misunderstood ur interpretation at times, but at least I think I have corrected it. Peace :)

DOes the PPI not include new launches such as woodleigh/ florence etc?
 

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
Hola, can you explain this?

Why developer sell at more than $100k for those bounced units?

You seem to have lots of free time today :s22:

First, you don't seem to know what we are discussing about. Obviously you are stalking again and just trying to find trouble. Thanks for your attention but no thanks.

Second, the question you should ask is why sinkies pay more than $100k for those bounced units. I am very happy for the developers.

Alright, we are going to view a reasonably priced resale unit now, then back to school work in the afternoon. Wish everyone well and read the comments CAREFULLY! :s22:
 

Thanooors

Junior Member
Joined
May 2, 2019
Messages
71
Reaction score
0
Be humble and admit you can’t afford a new launch hehe. By the time you grad, hit you first $100k first. =:p

If you can’t take rebut, just admit defeat. =:p

First, you don't seem to know what we are discussing about. Obviously you are stalking again and just trying to find trouble. Thanks for your attention but no thanks.

Second, the question you should ask is why sinkies pay more than $100k for those bounced units. I am very happy for the developers.

Alright, we are going to view a reasonably priced resale unit now, then back to school work in the afternoon. Wish everyone well and read the comments CAREFULLY! :s22:
 

Ohw123

Senior Member
Joined
May 9, 2020
Messages
1,391
Reaction score
1
Be humble and admit you can’t afford a new launch hehe. By the time you grad, hit you first $100k first. =:p

If you can’t take rebut, just admit defeat. =:p

But Hola willing to pay more than 18xxpsf for a unit at Reflections leh :D
 

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
But Hola willing to pay more than 18xxpsf for a unit at Reflections leh :D

Just came back from our viewing only to see that ____ stalker spouting bs again. Seems like just another mad old man like captain. Can't be bothered anymore about him. Talk so much about meaningful discussion but simply just looking to pick up fights. Deserved to be banned like his brother captain. :o
 

Passerboy

Supremacy Member
Joined
Jul 5, 2019
Messages
7,573
Reaction score
736
Just came back from our viewing only to see that ____ stalker spouting bs again. Seems like just another mad old man like captain. Can't be bothered anymore about him. Talk so much about meaningful discussion but simply just looking to pick up fights. Deserved to be banned like his brother captain. :o

U are indeed weird. U can speak Bs about others but cannot accept that others talk about u, u were the one who said u were willing to pay $18xxpsf for reflections, I was abstaining from commenting because I didn’t want to be drag into ur nonsensical drama.

Hope u had viewed and purchase :)
 

holasingapura

Master Member
Joined
Oct 19, 2019
Messages
3,263
Reaction score
464
U are indeed weird. U can speak Bs about others but cannot accept that others talk about u, u were the one who said u were willing to pay $18xxpsf for reflections, I was abstaining from commenting because I didn’t want to be drag into ur nonsensical drama.

Hope u had viewed and purchase :)

?????? I am referring to that stalker thanoors NOT ohw123, just look at his posts, all about me.
 

Thanooors

Junior Member
Joined
May 2, 2019
Messages
71
Reaction score
0
University student can’t spell properly? You from which private school? =:p

When I rebut you and you called me a stalker? So many others rebutted you yet you stay silent.

Confirm private school student with your kind of mentality. =:p

?????? I am referring to that stalker thanoors NOT ohw123, just look at his posts, all about me.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top