seems like the measures serve to increase confidence insteadSentiment still damn good la
If not good the cm will b removed liao
Then cm removed the sales will chiong again
So yes better buy now
seems like the measures serve to increase confidence insteadSentiment still damn good la
If not good the cm will b removed liao
Then cm removed the sales will chiong again
So yes better buy now
Not really. 5-6 years back, people also mentioned that EC at $650-700 psf has no more potential for capital appreciation. Look what happened?
With neighbouring private condos starting from $1.3k+ psf and EC at $1.1k+ psf, there's still $200+ psf to be gained in the future. Not forgetting you are getting a superior developer in CDL. There are many other big reasons...
When the economy crashes for real tho, all those who took high loans will be left out at sea liao, which is why I feel PG is bad as there is an earning cap, so buyers have to have cash if not their loans are too big for my personal liking
Same idea mah. Sellers also bought high, want to sell higher. Same as developers buying at high land prices. If can want to make loss meh?
Cycle goes on and on like a musical chair, until... when the music stops...
It happened in history. It may happen again.
Of course, "this time is different".
Not really. 5-6 years back, people also mentioned that EC at $650-700 psf has no more potential for capital appreciation. Look what happened?
With neighbouring private condos starting from $1.3k+ psf and EC at $1.1k+ psf, there's still $200+ psf to be gained in the future. Not forgetting you are getting a superior developer in CDL. There are many other big reasons...
If the economy goes into full recession, you will probably see many bounced units for PG. PG is around 25% more expensive than 100 palms, I think many of the PG buyers can barely afford it.
if go even higher, then I happily stay and retire in my little HDB pigeon hole lor in 5 to 10 yrs time lor.buy high sell high, but how many can afford?
a 1.5mil EC next time sell at 1.8mil or 2mil? Then private will cross 2mil at least?
dun forget, these are OCR properties not CCR, there's a limit on affordability.
if go even higher, then I happily stay and retire in my little HDB pigeon hole lor in 5 to 10 yrs time lor.
Right now I semi retired mode, working only 20 hrs a week or less, made possible because property loan is super low right now.
Was at seletar mall for lunch with wife earlier and looking at all the smart looking long sleeved shirt people, and thinking these are the hardworking people who are capable and hardworking enough to deserve to own and enjoy condos.
I'm just too lazy.
I wish all the best bro.LOL. I am one of them and I am also one of those who are highly leveraged. For sure if I lose my job I will seriously be f***ed.
if go even higher, then I happily stay and retire in my little HDB pigeon hole lor in 5 to 10 yrs time lor.
Right now I semi retired mode, working only 20 hrs a week or less, made possible because property loan is super low right now.
Was at seletar mall for lunch with wife earlier and looking at all the smart looking long sleeved shirt people, and thinking these are the hardworking people who are capable and hardworking enough to deserve to own and enjoy condos.
I'm just too lazy.
Was never high pay. Just because my property is low priced due to me incapableThat's becos u high pay can retire early
For us who neither here nor there hav to work till death, jitao just whack ec or condo la since no matter wat hav to work rite
if go even higher, then I happily stay and retire in my little HDB pigeon hole lor in 5 to 10 yrs time lor.
Right now I semi retired mode, working only 20 hrs a week or less, made possible because property loan is super low right now.
Was at seletar mall for lunch with wife earlier and looking at all the smart looking long sleeved shirt people, and thinking these are the hardworking people who are capable and hardworking enough to deserve to own and enjoy condos.
I'm just too lazy.
Wah shiok ler bro. U possessed certain skill set and currently freelancing? Or towkay?
Cooling measures for impending market crash ?
It is more of avoiding overheating /excessive exuberance.
Most govt would avoid any recession /slow down. And OMG in a market crash,many here would not buy - 20% off Sumang as many are jobless & future looks bleak.
Sentiment still damn good la
If not good the cm will b removed liao
Then cm removed the sales will chiong again
So yes better buy now
Most who purchased high park were for investment. Imagine those highly leveraged buyers who are unable to get tenants. What will they do?
Those who have managed to offload high park to "euphoric" buyers the past year are lucky.
U dun find yourself trying too hard to keep playing down the property market ?
Everyone know price is every expensive now, every new launch is very expensive. For private condo, not a good time to invest. Then EC also not a good time to buy and stay ?
just curious.
What are the chances of EC going to $800psf prices again?
And since there are a lot of chatters on lower price, will there be a chance of any ideal condo site (near MRT and mall) at $14xx psf prices again or can D3 condo prices go back to $15xx psf days?
Just want to know, to make a more informed decision.
U dun find yourself trying too hard to keep playing down the property market ?
Everyone know price is every expensive now, every new launch is very expensive. For private condo, not a good time to invest. Then EC also not a good time to buy and stay ?
Personally hor, I think not good time.
But such is how a market works. There will always be some that think it is a good time, and some that thinks it isn't. Then we can have buyers and sellers mah.