Condo precovid vs postcovid

[sgboy85]

Guys, i remember 2016-2018 there are alot condo left over unsold. Take clementi The trilinq as an example. Developers even gave discount to sell of off. After 8 years now how come market turned out to be so good? Even ulu place like tengah also sold 99%.

 

[iduncheckmail]

C.H.I.N.A imports

 

[reddevil0728]

Guys, i remember 2016-2018 there are alot condo left over unsold. Take clementi The trilinq as an example. Developers even gave discount to sell of off. After 8 years now how come market turned out to be so good? Even ulu place like tengah also sold 99%.

Ppl realise value of their own space?

 

[reddevil0728]

C.H.I.N.A imports

Statement or speculation?

 

[Dividends Warrior]

Guys, i remember 2016-2018 there are alot condo left over unsold. Take clementi The trilinq as an example. Developers even gave discount to sell of off. After 8 years now how come market turned out to be so good? Even ulu place like tengah also sold 99%.

• Favourable Interest Rate Environment: A series of interest rate cuts by the U.S. Federal Reserve (beginning in late 2024 and continuing into 2025) led to significantly lower mortgage rates in Singapore, now ranging around 2.5% to 2.6%.

• Strong Domestic Demand: The market is primarily driven by local owner-occupiers and HDB upgraders. Over 100,000 HDB flats reached their Minimum Occupation Period (MOP) between 2019 and 2023, creating a large pool of households looking to transition to private property.

• Surge in New Launches: 2025 saw a substantial increase in supply, with approximately 11,000 to 11,500 new private units launched. Major projects in prime locations like Orchard Boulevard, Zion Road, and Holland Drive have attracted significant buyer interest.

• Economic Resilience: Singapore's economy outperformed expectations with 5% GDP growth in 2025. This, coupled with a low unemployment rate of approximately 2.0%, has bolstered consumer confidence and purchasing power.

Oh, and they saw this chart. Property prices in Singapore only one way up.

 

[reddevil0728]

• Favourable Interest Rate Environment: A series of interest rate cuts by the U.S. Federal Reserve (beginning in late 2024 and continuing into 2025) led to significantly lower mortgage rates in Singapore, now ranging around 2.5% to 2.6%.

• Strong Domestic Demand: The market is primarily driven by local owner-occupiers and HDB upgraders. Over 100,000 HDB flats reached their Minimum Occupation Period (MOP) between 2019 and 2023, creating a large pool of households looking to transition to private property.

• Surge in New Launches: 2025 saw a substantial increase in supply, with approximately 11,000 to 11,500 new private units launched. Major projects in prime locations like Orchard Boulevard, Zion Road, and Holland Drive have attracted significant buyer interest.

• Economic Resilience: Singapore's economy outperformed expectations with 5% GDP growth in 2025. This, coupled with a low unemployment rate of approximately 2.0%, has bolstered consumer confidence and purchasing power.

Oh, and they saw this chart. Property prices in Singapore only one way up.

so long gahment dun let bubble burst. then is huat kueh!

 

[Dividends Warrior]

so long gahment dun let bubble burst. then is huat kueh!

Yup, that is the balancing act they must do well. Ensure steady price appreciation without forming a bubble.

 

[sglandscape]

Statement or speculation?

Think new citizens and PRs would be one of the reasons, may not just be a selected country.

 

[limster]

Think new citizens and PRs would be one of the reasons, may not just be a selected country.

https://www.straitstimes.com/singap...-losing-their-heartland-flavour?ref=singapore

An increase in new citizens and PRs would lead to an increase in shops/restaurants catering to their tastes.

 

[reddevil0728]

https://www.straitstimes.com/singap...-losing-their-heartland-flavour?ref=singapore

An increase in new citizens and PRs would lead to an increase in shops/restaurants catering to their tastes.

yea got some link maybe, but still no hard facts to show condo demand is really driven by that specific nationality. feels more like speculation for now.