I worry for Singapore's housing mkt if foreign labourers are limited

[darkelf]

1. Sg construction industry productivity: 9 persons watching, 1 person doing the job.

2. Current new BTO wait is already up to 7 years, when there is little reduction in bangla imports.
I suspect, PAP is using covid as excuse, so that more people will buy resale, and this solve their 99 yr problem for the time being, pushing up property and land cost.

3. We have been over-dependent on bangla/india labors for construction industry.
I suggest outsource to China companies. Look at the miracles in China infrastructure.
They will get things done at a fraction the time and price.

The BTO projects would not be delayed anymore, with the influx of new china workers.
Hence, resale would not further escalate in prices, remaining low and affortable.

its time for sellers and owners to face reality.

 

[Jamestan80]

Selling my HDB now and sleep in a tent at east coast.

 

[sanzhu]

Absd to kick in 5000000000%

 

[jericho75]

The BTO projects would not be delayed anymore, with the influx of new china workers.
Hence, resale would not further escalate in prices, remaining low and affortable.

its time for sellers and owners to face reality.

https://www.straitstimes.com/singap...-and-public-rental-payments-further-suspended
market very good now. dun worry.

 

[Ubi-Warrior]

I am pretty sure that there are homes here for anyone who want to buy.

Whether they are the ones they want is another matter entirely

 

[mewmew]

ts scared what ? can bai melville pak

 

[satayxp]

The lesser you built, the more pricier public flats are
Do you want to see half million $ new hdb flats in singapore?

economics 101

huh? who ask u buy resale? bto rah