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~~Now still can buy Condo or cannot har?~~

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Old 08-07-2018, 07:43 AM   #46
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Not now. The government is ramping up the condo land supply.

https://www.straitstimes.com/singapo...oling-measures

I expect a correction of $100-150 psf which corresponds to about 5-10% off current pricing of about $1,600 psf by next year and further correction if the developer is unable to clear >75% of its units within 4-5 years.

A key component of the valuation of a property is the rental, and there is clearly no way the rental can support current psf. So don't get trapped by developers and enbloc owners flushed with cash.
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Old 08-07-2018, 09:15 AM   #47
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You are 1-2 years late

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Old 08-07-2018, 09:32 AM   #48
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Not now. The government is ramping up the condo land supply.

https://www.straitstimes.com/singapo...oling-measures

I expect a correction of $100-150 psf which corresponds to about 5-10% off current pricing of about $1,600 psf by next year and further correction if the developer is unable to clear >75% of its units within 4-5 years.

A key component of the valuation of a property is the rental, and there is clearly no way the rental can support current psf. So don't get trapped by developers and enbloc owners flushed with cash.
What about landed market?
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Old 08-07-2018, 10:09 AM   #49
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More ex of course.
Also 75% loan max now .
That means extra $75k to $300k from your CPF / cash .

Not talking about higher ABSD for 2nd prop.
Singapore thank you for your national contribution if you do .
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Old 08-07-2018, 10:54 AM   #50
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More ex of course.
Also 75% loan max now .
That means extra $75k to $300k from your CPF / cash .

Not talking about higher ABSD for 2nd prop.
Singapore thank you for your national contribution if you do .
Ya lor. Now totally not worth to buy condo for investment. Better put the money elsewhere. For first property for own stay still ok. But if can wait better, price will drop. Good job government
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Old 08-07-2018, 10:56 AM   #51
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Price will drop so can wait. But if needed, buy resale bah. Cause new launch need wait.
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Old 09-07-2018, 11:11 AM   #52
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Price will drop so can wait. But if needed, buy resale bah. Cause new launch need wait.


Will resale price price drop now?
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Old 09-07-2018, 11:22 AM   #53
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I will say u are lucky enough if u not yet buy.. even if it is just for own stay...
Hallo Birmingham123! Have you managed to appeal HDB to get your BTO or EC ?
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Old 09-07-2018, 11:23 AM   #54
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Will resale price price drop now?
Buy those few years old condo should be find. Drop I don't think so. Don't increase can liao.
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Old 09-07-2018, 11:25 AM   #55
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Ya lor. Now totally not worth to buy condo for investment. Better put the money elsewhere. For first property for own stay still ok. But if can wait better, price will drop. Good job government
Wah you commented first property condo ?
Why first place you wana appeal to HDB get BTO or appeal for EC ?

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Old 09-07-2018, 11:26 AM   #56
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Buy those few years old condo should be find. Drop I don't think so. Don't increase can liao.
I mean resale price more stable, new launch I think might offer more discount for high price launches. But new launch need wait so resale I see better in price and timing. If resale price drop something is wrong somewhere liao.
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Old 09-07-2018, 11:28 AM   #57
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Hallo Birmingham123! Have you managed to appeal HDB to get your BTO or EC ?
I bought an ec without the need for appeal since I am eligible
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Old 09-07-2018, 11:29 AM   #58
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Wah you commented first property condo ?
Why first place you wana appeal to HDB get BTO or appeal for EC ?

I mean if one really earn so much over the HDB or ec limit.. if today I earn 20k, I think I won't be bother finding methods to buy HDB or ec lah...
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Old 09-07-2018, 11:33 AM   #59
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My 2 cents view ...

Who are the parties involved ?
Banks, developers, buyers, sellers, Investor, Landlord, Tenants

Questions
If land prices, enbloc are going at crazy high prices, what developers are doing ? Will they give sell you at losses ? Will developers all sit and agree to be santa claus ? or they sit together and up the prices ?

If you are a local investor, will you buy at high duties for 2nd/3rd/4th etc properties ? in consideration of rental todays ?

If you are a buyer as a first property, can you afford ? If not what can you buy ?

If you are a seller, whom can you sell ?

Whats is MAS position and aim to set up this regulations ?

How many HDB BTO supplies are there ?

++

Your actions ?
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Old 09-07-2018, 11:35 AM   #60
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I mean if one really earn so much over the HDB or ec limit.. if today I earn 20k, I think I won't be bother finding methods to buy HDB or ec lah...
Hehehe ... you are the shinning star thats why cant forgot you ...

Congrats on your purchase of EC.
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