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Choa chu kang hdb flats price breaks one year low

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Old 12-02-2018, 08:20 AM   #16
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But BTOs are still very expensive.
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Old 12-02-2018, 08:30 AM   #17
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Slum is real
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Old 12-02-2018, 09:22 AM   #18
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Once HDB flat become negative equity it will become election issue. Serve all those kumgongs right for wishing that prices will drop and no foreigners here. Please drop price until collapse!
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Old 12-02-2018, 09:29 AM   #19
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Singapore is so accessible. HDB price at CCK cannot remain at a huge discount compared to nearby area.

If the discount is so huge, government might as well take back the land and convert into cemeteries.
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Old 12-02-2018, 09:31 AM   #20
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Hdb flats price are dropping across the whole island, just that CCK and a few more isolated areas are dropping more and face difficulties to sell.

Now this news is out, may put even more downward pressure on CCK flats.
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Old 12-02-2018, 09:41 AM   #21
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HDB prices dropping then private properties will follow also.
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Old 12-02-2018, 09:45 AM   #22
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Swee lar, please drop more.
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Old 12-02-2018, 09:47 AM   #23
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But BTOs are still very expensive.
BTOs with grants are not expensive... resale are. BTOs are tagged to resale prices around the area.
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Old 12-02-2018, 09:47 AM   #24
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Just wait and see, government is creating segregated market for HDB and condo.

HDB put a lot of restrictions for PRs, cannot lease whole flat, both must be 3 years PR. These measures cut down demand for resale flats successfully and put a lot of downward pressure on Hdb flats price.

On the other hand, from what I obeserve so far, small condos especially those in more accessible areas, have been going up and up.

I could be wrong, but I think the government is moving in correct direction. Push out a lot of new btos, mass increase in Hdb flats, cut down demand for Hdb flats and decrease price for Hdb flats successively. Thumbs up for the government. Now youngsters can own flats with more affordable prices
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Old 12-02-2018, 09:47 AM   #25
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Resale actually also quite cheap in more isolated areas now. And mo Kio 3 room flat not near mrt can sell for 260000.

BTOs with grants are not expensive... resale are. BTOs are tagged to resale prices around the area.
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Old 12-02-2018, 09:50 AM   #26
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It has already in the negative territory for the people who entered the market last few years.
Ang mo Kio 3 room selling for 260000 now, may even break new low soon. That flat is not near mrt, but still it is between Ang mo Kio and bishan.

Once HDB flat become negative equity it will become election issue. Serve all those kumgongs right for wishing that prices will drop and no foreigners here. Please drop price until collapse!
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Old 12-02-2018, 09:52 AM   #27
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Flat will get more and more affordable, hold your bullets, mod.
Once they announced PRs need to wait 5 years or 10 years to get Hdb flats, there goes the resale market. Hope someone write into straits times, total
Ban will be perfect but cannot demand too much at this point of time.

Swee lar, please drop more.
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Old 12-02-2018, 09:52 AM   #28
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Cheap is good, for the next generation buying resale. HDB never guarantee, buy house can sell for profit wat
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Old 12-02-2018, 09:56 AM   #29
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Tampines, punggol, woodlands and choa Chu Kang a lot of new flats. Not sure if the demand able to catch up with supply.
On the other hand, condo launches seems lesser nowadays, but hard for foreigners to buy too, ABSD 15 %

Cheap is good, for the next generation buying resale. HDB never guarantee, buy house can sell for profit wat
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Old 12-02-2018, 09:56 AM   #30
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Common sense. Quantum of condo prices are getting more expensive for the bigger units.

Therefore, more demand for Mickey Mouse units and thus jacking up price psf for these smaller units. Good luck to those buying premium units.
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