Which Direction Will Property Prices Go ?

[aurvandil]

I feel that such instances may be very limited, considering how huat buyers are these days. Not to forget that various controls in place these days to ensure that buyers are not overstretched with their finances.

Unlikely to have fire sale. But I think places like EoK will end up becoming Singapore's largest community of real estate agents .

 

[chrischai101]

Unlikely to have fire sale. But I think places like EoK will end up becoming Singapore's largest community of real estate agents .

Can help push up D15 resale prices if they plan to flip with volume.

 

[DevilPlate]

I feel that such instances may be very limited, considering how huat buyers are these days. Not to forget that various controls in place these days to ensure that buyers are not overstretched with their finances.

Actually tdsr force buyers to put down more downpayment and left with little cash to tide thru bad times?

 

[chrischai101]

Actually tdsr force buyers to put down more downpayment and left with little cash to tide thru bad times?

Thers always papa mama.

 

[applejack]

Actually tdsr force buyers to put down more downpayment and left with little cash to tide thru bad times?

Tats why got stress test

 

[elvintay07]

Last time who said $1mil EC expensive one? Sigh…All cry till no tears

https://forums.hardwarezone.com.sg/threads/gpgt-jurong-west-2-room-resale-hdb-sold-for-428k.7174234/

 

[runforyourlife]

Which Direction Will Property Prices Go ?​

https://stackedhomes.com/can-singapore-property-prices-really-hit-2900-psf-by-2030/

The bbfa really a lot pattern recently.

 

[runforyourlife]

Unlikely to have fire sale. But I think places like EoK will end up becoming Singapore's largest community of real estate agents .

No much feel for EOK (no view), GD (no facilities), TG (mcsp) and TC (I know many ppl in this forum have, so better don’t stay there lol).

 

[xiaofan]

Last time who said $1mil EC expensive one? Sigh…All cry till no tears

https://forums.hardwarezone.com.sg/threads/gpgt-jurong-west-2-room-resale-hdb-sold-for-428k.7174234/

698A Jurong West Centra 3 now holds the record for psf price for HDB flat in Jurong West, at least for two room and three room flat. I live nearby.

https://sg.news.yahoo.com/three-room-flat-along-jurong-053204746.html

A three-room HDB flat at 698A Jurong West Central 3 was recently sold for $605,000 ($827 psf), a record high for three-room flats in Jurong West. Located on the 16th to 18th storeys, the 732-sq ft flat was completed in 2017, leaving it with a long remaining lease of approximately 91 years.

 

[xiaofan]

And no need to talk about D15, new launches in D22 are already very high.

Quick Google AI Summary.

• New Launches (Under Construction):
  • J'den: ~$2,556 psf
  • Sora: ~$2,205 psf
  • The LakeGarden Residences: ~$2,178 psf
• Resale Condos (Older):
  • Lakeville: ~$1,777 psf (Avg)
  • Lake Grande: ~$1,827 psf (Avg)
  • J Gateway: ~$2,037 psf (Avg)
  • Westwood Residences: ~$1,332 psf (Avg)
  • Parc Oasis: Around $1,222 - $1,328 psf (Specific units)

 

[elvintay07]

And no need to talk about D15, new launches in D22 are already very high.

Quick Google AI Summary.

• New Launches (Under Construction):
  • J'den: ~$2,556 psf
  • Sora: ~$2,205 psf
  • The LakeGarden Residences: ~$2,178 psf
• Resale Condos (Older):
  • Lakeville: ~$1,777 psf (Avg)
  • Lake Grande: ~$1,827 psf (Avg)
  • J Gateway: ~$2,037 psf (Avg)
  • Westwood Residences: ~$1,332 psf (Avg)
  • Parc Oasis: Around $1,222 - $1,328 psf (Specific units)

Parc oasis looks cui. Westwood Residences looks good lei. At $1400psf, I think no crazily overprice

 

[xiaofan]

Parc oasis looks cui. Westwood Residences looks good lei. At $1400psf, I think no crazily overprice

Parc Oasis is 30 years old condo (TOP in 1995). Location is good though (near to Chinese Garden MRT) and it is said the rental is not bad.

Westworld Residence is only 8 years old (TOP in 2017). But it is an EC and location can not be compared with Parc Oasis.

 

[DevilPlate]

And no need to talk about D15, new launches in D22 are already very high.

Quick Google AI Summary.

• New Launches (Under Construction):
  • J'den: ~$2,556 psf
  • Sora: ~$2,205 psf
  • The LakeGarden Residences: ~$2,178 psf
• Resale Condos (Older):
  • Lakeville: ~$1,777 psf (Avg)
  • Lake Grande: ~$1,827 psf (Avg)
  • J Gateway: ~$2,037 psf (Avg)
  • Westwood Residences: ~$1,332 psf (Avg)
  • Parc Oasis: Around $1,222 - $1,328 psf (Specific units)

Zoolang 2nd CBD leh

 

[jouhyo]

And no need to talk about D15, new launches in D22 are already very high.

Quick Google AI Summary.

• New Launches (Under Construction):
  • J'den: ~$2,556 psf
  • Sora: ~$2,205 psf
  • The LakeGarden Residences: ~$2,178 psf
• Resale Condos (Older):
  • Lakeville: ~$1,777 psf (Avg)
  • Lake Grande: ~$1,827 psf (Avg)
  • J Gateway: ~$2,037 psf (Avg)
  • Westwood Residences: ~$1,332 psf (Avg)
  • Parc Oasis: Around $1,222 - $1,328 psf (Specific units)

Can’t say about Jden, but 100pc Sora and LakeGarden will lose money. Anyone willing to pay $2200 resale for Yuan Ching?

You can buy Queenstown resale at this price.

 

[xiaofan]

Can’t say about Jden, but 100pc Sora and LakeGarden will lose money. Anyone willing to pay $2200 resale for Yuan Ching?

You can buy Queenstown resale at this price.

Exactly. Let's see how the whole Jurong Lake District hype really goes.

On the other hand, I was thinking the J Gateway launch back in 2013 was very high at S$1500 psf or higher, for OCR condos, even with the good location at Jurong East.

But recent launches show that S$2000+ psf becomes the new baseline for new condo launch in District 22 (supposed to be the lower tier of OCR).

Google overview just for reference.

Project Name	Launch Year	Type	Average Launch Price (PSF)
J Gateway	2013	Condo	~S$1,480 psf
Westwood Residences	2015	EC	??
Lake Grande	2016	Condo	~S$1,368 psf
The LakeGarden Residences	2023	Condo	~S$2,120 psf
J'den	2023	Mixed-use Condo	~S$2,451 psf
Sora	2024	Condo	~S$2,160 psf

 

[pruyeo]

I think there is going to be discounts soon for new launch condos. Saw this report that there is an oversupply of about 1000 new launch apartments unsold last quarter!