birmingham123
Master Member
- Joined
- Aug 3, 2011
- Messages
- 3,014
- Reaction score
- 77
If one treats property purely for living in, then we shouldn't buy a condo if it is 2, 3 times the price of hdb. But if in term of investment, combined with living, then even 10 times might still worth the money. Like how come GCB can be 10 times more expensive than normal landed property.
Even For investment purpose, one must not just buy and hope the price will go up. Price go up if there is more demand than supply, at least that applies to resales market.. new launches are at the mercy of developers selling price but i doubt developers can call the shots for long. U think they can really decide the selling price ? Today got people buy but not yet sold out.. in 6 months later, there will be few more launches at a even more crazy price. That will be the time where we should see the response.. if no one buy in the seragoon launches at 1900psf, then they have to drop price right ??



