Which Direction Will Property Prices Go ?

[Hyruga]

 

[oldchanggold]

Developers & Property Firms poorer 2023 profits:

https://www.hindustantimes.com/worl...gh-rates-global-downturn-101709086819037.html

https://www.straitstimes.com/busine...ex reported a 27.1,results released on Feb 28.

 

[ThinkCarefully]

I think this guy ki siao Liao

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need to be after misleading all his followers
cpf is always a risk... check how many times some form of cpf policy change over the last 20 years

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[ThinkCarefully]

New launch 2024 videos for info

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The secret is out... no need to pay Eric to find out the top new launches

Not much different from my ‘guess’ earlier

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yes, he say no need 5, top 3 good enough...

guess those expected ones like Tampines, TPY, Clementi, maybe PG2, GD2 and TG2 ( if 2 series launch lower than 1, then newer and cheaper, can buy)



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[DevilPlate]

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The secret is out... no need to pay Eric to find out the top new launches

Not much different from my ‘guess’ earlier

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yes, he say no need 5, top 3 good enough...

guess those expected ones like Tampines, TPY, Clementi, maybe PG2, GD2 and TG2 ( if 2 series launch lower than 1, then newer and cheaper, can buy)



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TPY and Clementi at 2.5-2.8k psf how to buy.
more like bottom 2 whahaha

 

[ThinkCarefully]

TPY and Clementi at 2.5-2.8k psf how to buy.
more like bottom 2 whahaha

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IMO,
TG and GD also 2.5 k psf - ish
Oversupply area with at least 2 more dev to come…

TPY also RCR with good schools and mrt (some say sheltered walk ) in an area without new launch for 10 years, high demand low supply, if 2.5 k, why not attractive?

(Cross reference:
that Liv @ mb 99 y lh in fh area already buyer paid 2.9 k during new launch;
OCR Lentor you find buyers paying 2.5 k during new launch)

Clementi I dunno, but some say huge demand in this area…see how Jden got snapped up

anyway, we are not developers, better wait to see their price

I am just commenting on the new launch in the video. You may add your comment there and let the u tuber explain to you. Maybe your active participation may win you $100

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[ThinkCarefully]

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Allan wee latest video tell landlords to slash their rent ask prices by 20-30% or risk leaving unit untenanted

those with diamond hands wanting to buy high price properties at high mortgage rate and just hold and rent first…

Think Carefully….

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[wetdreamx]

Almost same as Marina One resi. Still selling.

Lease start 2011. Buyers beware.

My friend bought 1 bedroom there at around 1.6m, how is market now? Like gg

 

[oldchanggold]

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IMO,
TG and GD also 2.5 k psf - ish
Oversupply area with at least 2 more dev to come…

TPY also RCR with good schools and mrt (some say sheltered walk ) in an area without new launch for 10 years, high demand low supply, if 2.5 k, why not attractive?

(Cross reference:
that Liv @ mb 99 y lh in fh area already buyer paid 2.9 k during new launch;
OCR Lentor you find buyers paying 2.5 k during new launch)

Clementi I dunno, but some say huge demand in this area…see how Jden got snapped up

anyway, we are not developers, better wait to see their price

I am just commenting on the new launch in the video. You may add your comment there and let the u tuber explain to you. Maybe your active participation may win you $100

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Courtesy of 99.co:

GD's latest tnx:



TG's latest tnx (the 23xx are low floors):



TC's latest tnx:

 

[stsilverbullet73]

i think 2.5k psf TPY is a fair price. i predict 1st day 75% sold

 

[stanlawj]

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Allan wee latest video tell landlords to slash their rent ask prices by 20-30% or risk leaving unit untenanted

those with diamond hands wanting to buy high price properties at high mortgage rate and just hold and rent first…

Think Carefully….

####

Allan Wee's video is really good summary of current rental market condition.

News out today:
https://www.straitstimes.com/business/property/condo-rental-market-shifts-landlords-hit-by-high-supply-of-newly-completed-units#:~:text=Close to 20,000 new private,Tampines, which has 2,203 units.

Condo rental market shifts: Landlords hit by high supply of newly completed units​

Close to 20,000 new private residential units (excluding executive condominiums) were completed in 2023, more than double the figure for 2022 and the highest since 2016.

Some of the mega developments completed in 2023 include Treasure at Tampines, which has 2,203 units. Others, like The Florence Residences, Riverfront Residences, and Affinity at Serangoon, had more than 1,000 units each.

With the influx of newly completed units hitting the market, property agents are urging landlords to lower their rent or face prolonged vacancies amid the changing landscape.

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I think SG Govt will continue to try to soft land the property market... withdrawing supply to keep price from crashing, while maintaining ABSD to keep buying pressure away. Entering another stagnant era, like 2013 to 2018.

 

[DevilPlate]

Allan Wee's video is really good summary of current rental market condition.

News out today:
https://www.straitstimes.com/business/property/condo-rental-market-shifts-landlords-hit-by-high-supply-of-newly-completed-units#:~:text=Close to 20,000 new private,Tampines, which has 2,203 units.

Condo rental market shifts: Landlords hit by high supply of newly completed units​

Close to 20,000 new private residential units (excluding executive condominiums) were completed in 2023, more than double the figure for 2022 and the highest since 2016.

Some of the mega developments completed in 2023 include Treasure at Tampines, which has 2,203 units. Others, like The Florence Residences, Riverfront Residences, and Affinity at Serangoon, had more than 1,000 units each.

With the influx of newly completed units hitting the market, property agents are urging landlords to lower their rent or face prolonged vacancies amid the changing landscape.

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I think SG Govt will continue to try to soft land the property market... withdrawing supply to keep price from crashing, while maintaining ABSD to keep buying pressure away. Entering another stagnant era, like 2013 to 2018.

U can bio resale market see got any good buys anot.

 

[marshmallow96]

Allan Wee's video is really good summary of current rental market condition.

News out today:
https://www.straitstimes.com/business/property/condo-rental-market-shifts-landlords-hit-by-high-supply-of-newly-completed-units#:~:text=Close to 20,000 new private,Tampines, which has 2,203 units.

Condo rental market shifts: Landlords hit by high supply of newly completed units​

Close to 20,000 new private residential units (excluding executive condominiums) were completed in 2023, more than double the figure for 2022 and the highest since 2016.

Some of the mega developments completed in 2023 include Treasure at Tampines, which has 2,203 units. Others, like The Florence Residences, Riverfront Residences, and Affinity at Serangoon, had more than 1,000 units each.

With the influx of newly completed units hitting the market, property agents are urging landlords to lower their rent or face prolonged vacancies amid the changing landscape.

---------------------

I think SG Govt will continue to try to soft land the property market... withdrawing supply to keep price from crashing, while maintaining ABSD to keep buying pressure away. Entering another stagnant era, like 2013 to 2018.

but most of the huge supply is in the East and NE... West side rental like Jurong never came down at all

 

[DevilPlate]

but most of the huge supply is in the East and NE... West side rental like Jurong never came down at all

Perhaps islandwide rental weaken except yr zoolong

 

[DevilPlate]

However in the longer term, supply of HDB rental units will be capped due to ABSD and also PLH/Plus model.

Whereas for pte sector, im js wondering how many eligible sell 1 buy 2 couples in the pipelines…..enough to support the new launches?

 

[marshmallow96]

Perhaps islandwide rental weaken except yr zoolong

LOL... Not only Zoolong la although Zoolong seems to defy logic again and again ... One North/Buona Vista area also... my friend just forced to shift... and (in before anyone says NP leh?) NP is just not the same as One North/BV cos most renters still value amenities and MRT

 

[ThinkCarefully]

LOL... Not only Zoolong la although Zoolong seems to defy logic again and again ... One North/Buona Vista area also... my friend just forced to shift... and (in before anyone says NP leh?) NP is just not the same as One North/BV cos most renters still value amenities and MRT

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that area demand more than supply

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[elvintay07]

Another one from investing in Tesla, ARK invest to now cpf top up.



so how all the huat kway sifu here. Sell property ah peak and top up cpf?

 

[roflolmao]

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that area demand more than supply

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Still wondering why no news of the hill at one North

 

[ThinkCarefully]

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cCR 2900 psf good price?

I like the part where he concured there are people out there happy to lose money and cannot care less



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