Which Direction Will Property Prices Go ?

[runforyourlife]

Why would it stall growth?

Less resale units on the market for sale, price will go up. Less supply, more demand.

with lease running down, it cant keep on going up up and away.

 

[Hyruga]

with lease running down, it cant keep on going up up and away.

It's the same for condo and landed. All the lease are running down.

Then how come condo prices keep going up?

 

[runforyourlife]

It's the same for condo and landed. All the lease are running down.

Then how come condo prices keep going up?

It’s no longer going up at an extravagant manner.

the price increase is very very gradual now.

d15 new launches had come to a standstill

 

[mikeeeey]

It’s no longer going up at an extravagant manner.

the price increase is very very gradual now.

d15 new launches had come to a standstill

standstill is good! better than chiong fast and crash fast

 

[mikezuper]

standstill is good! better than chiong fast and crash fast

So those who bought expecting to exit with 20-30% profit when TOP how ah? Wah no more ATH? With 3-4% interest rate as cost, hope all unit can be rented out, if not - good luck!

 

[mikeeeey]

So those who bought expecting to exit with 20-30% profit when TOP how ah? Wah no more ATH? With 3-4% interest rate as cost, hope all unit can be rented out, if not - good luck!

hold for 5-10years expecting 20-30% profits? its a musical time bomb waiting to happen..

 

[DevilPlate]

hold for 5-10years expecting 20-30% profits? its a musical time bomb waiting to happen..

10years 20-30% about right

 

[runforyourlife]

standstill is good! better than chiong fast and crash fast

Yea it’s good but some ppl scared cos their int rate beri high

 

[mikeeeey]

10years 20-30% about right

you are right.

i stand corrected,

5yrs expecting that will be too much.

 

[DevilPlate]

Yea it’s good but some ppl scared cos their int rate beri high

currently 2y fixed 3.x% is actually quite reasonable.

Many US owners so happy they locked in 3-4% 30y mortgage loan.

 

[runforyourlife]

currently 2y fixed 3.x% is actually quite reasonable.

Many US owners so happy they locked in 3-4% 30y mortgage loan.

Yea provided they refinance… else must wait lei bro.

 

[page||]

With more and more people kenna locked up in longer MOPs, will the supply of buyers for private properties be reduced?

At this rate if married 28yo apply plus/prime, at least 40yo then can upgrade.

The tap can be loosened more or less depending on ……..

 

[abcde83]

you are right.

i stand corrected,

5yrs expecting that will be too much.

most people who bought in 2021, saw 30% gain...including myself...

that's 2yrs 30% exponential growth ...
think hard to repeat that anytime soon

 

[mikeeeey]

most people who bought in 2021, saw 30% gain...including myself...

that's 2yrs 30% exponential growth ...
think hard to repeat that anytime soon

mine was bought in 2019

last transacted record opposite street, same land size same pattern, i calculate its 40% gain liao

 

[mikezuper]

mine was bought in 2019

last transacted record opposite street, same land size same pattern, i calculate its 40% gain liao

It will start to average down on annual basis from now on

 

[rlskyline]

It will start to average down on annual basis from now on

don't spoil their hopes. haha

 

[cyberklan]

It's the same for condo and landed. All the lease are running down.

Then how come condo prices keep going up?

at the end of the day, it’s willing seller willing buyer …same like new launch …

some may also argue, y spend so much on Evian water when one can buy Ice Mountain

 

[elvintay07]

most people who bought in 2021, saw 30% gain...including myself...

that's 2yrs 30% exponential growth ...
think hard to repeat that anytime soon

U never sell later market crash -80% then u cry lei. Many ppl say most serious crash coming. Haha

 

[Zetrio2006]

One Holland village 99 years sold out.

One pearl bank 99 years left 4 units.

 

[Carrot_DeNiro]

U never sell later market crash -80% then u cry lei. Many ppl say most serious crash coming. Haha

Now want to sell also must have pple buy. Now is called buyer’s market for a reason.