I worry for Singapore's housing mkt if foreign labourers are limited

[kleong]

putting all the eggs in one basket is not great foresight.

 

[Whyusolikedat]

why worry?
build less is gd for existing homeowners or investors

The lesser you built, the more pricier public flats are
Do you want to see half million $ new hdb flats in singapore?

economics 101

 

[rackgen]

Dun worry lah, PAPayas and their TT tokens will save us! The world has tons of poor people lor. PAPaya can attract "Talent" from anywhere. If Tiongs or CECAs dont come in, we will import Ang Mohs and people from Africa.

 

[SecretAgent]

we are not like 50yrs back when a flat was build brick by brick..

Singapore cannot be more advance and cost efficient meh? Those scholars at HDB jiak birdseeds one is it?

cannot think of other ways meh?

 

[Whyusolikedat]

Wun happen fortunately.

China workers are coming to replace the shortfall. Bto would keep running. Property prices to remain low and affordable lol

If you can get them to come in enough numbers in a short time,which ishighly highly improbable

 

[popdod]

Means resale flat can sell another 1.5 million again. \o/ \o/

 

[munimal]

This will have a cascading effect
Buyers will switch to the resale mkt
Supply of new flats freezed
Prices of housing will skyrocket
This is my humble prediction

People died from virus first...why talk about housing leh

 

[nymous]

Ceca agent of influence try hard to influence for more ceca

 

[darkelf]

If you can get them to come in enough numbers in a short time,which ishighly highly improbable

Already said no need certain qualifications for them to come in liao. Will be fast and quick.

Low property prices are here to stay. The gov will control and plan accordingly

 

[Whyusolikedat]

Pandering to popular public opinion? This is a global pandemic.

If u think trolling is funny this is not the topic to make fun of.

And sme already has more than a year of labour crunch. If they still haven figure it out they can close shop. I am already redesigning work scope that typically is being done by general worker ( fw) to be done by the local technicians either by paying them more for the extra scope or getting tools that help them with the task.

I am in the construction business dealing in specialized room. I adapt and overcome.

If cheap fw is not available time to for these big boys to fold and let companies that innovate and change take over.

Change and innovate?
In singapore?
You gotta be kidding

 

[chickenpiez007]

no worry....AT coming in in hordes again....

 

[Whyusolikedat]

Already said no need certain qualifications for them to come in liao. Will be fast and quick.

Low property prices are here to stay. The gov will control and plan accordingly

You are waiting for a flat aren't you?

 

[DulanMax]

You heard it from me first
The public housing construction projects are already way behind schedule
This is the final nail in the coffin

You should worry more about your motherland rather than SG property prices

 

[Suporter]

HK housing prices on the horizon...

 

[wizleys]

1. Sg construction industry productivity: 9 persons watching, 1 person doing the job.

2. Current new BTO wait is already up to 7 years, when there is little reduction in bangla imports.
I suspect, PAP is using covid as excuse, so that more people will buy resale, and this solve their 99 yr problem for the time being, pushing up property and land cost.

3. We have been over-dependent on bangla/india labors for construction industry.
I suggest outsource to China companies. Look at the miracles in China infrastructure.
They will get things done at a fraction the time and price.

 

[aiptasia]

TS is a ceca IB.

 

[106gunner]

Our construction project is aplenty here but cons is over rely on bangaldesh and sri lanka.

Construction company here be it local, malaysian, hongkong, south korea and china if can supply enough of workers and supplies to cater to the project and bto and complete on time, end of the day there's still profit to be make

 

[Why so serious]

about time for some pay raises. long overdue in some sectors

 

[Whyusolikedat]

1. Sg construction industry productivity: 9 persons watching, 1 person doing the job.

2. We have been over-dependent on bangla/india labors for construction industry.
I suggest outsource to China companies. Look at the miracles in China infrastructure.
They will get things done at a fraction the time and price.

Hahaha you are so right

 

[Me4myself]

Paging for braodwalk, your teban garden 1 million HDB is back.