Which Direction Will Property Prices Go ?

Passerboy

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Maplewoods is a quite well-maintained condo..
But then it’s also more than 20 years since.. and quite surprised that the climb is quite consistent. With more amenities in the Beauty World area and new launch like Royalgreen and Forth Avenue Residence not far away, Maplewood could continue to climb given its FH status.

Huat to your district :)
 

keithster

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Not true..

see the below EdgeProp article on top gains and loss, unit at Maplewood in D21 completed in 1997 gg for 18xxpsf. Noticed a steady climb in the resale prices of this project, 2016 was 14xxpsf..

ok la... not all resale condos.
 

arctician

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###

But quite dufficult to accept week in week out Sentosa appears in the top three losses...

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it not because sentosa is chui, its because their ENTRY price is chui.

Profit is made at point of purchase not point of sale.

if one can enter resale at $1k psf in sentosa cove with full waterfront view, u see anyone will laugh and say sentosa chui anot :LOL:
 

19931993

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it not because sentosa is chui, its because their ENTRY price is chui.

Profit is made at point of purchase not point of sale.

if one can enter resale at $1k psf in sentosa cove with full waterfront view, u see anyone will laugh and say sentosa chui anot :LOL:
haha yah
 

azeris10

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What is the endgame for most ppl here?

HDB then condo then ??

Quite happy with current hdb but always having a bigger house is better.
 

TeamUSA

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ok la... not all resale condos.
the reason for this is because the newer condos beside Maplewood like Floridian are going for a even higher PSF .Wing Tai's properties are generally quite solid - can't say the same for many other developers!
 

Passerboy

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the reason for this is because the newer condos beside Maplewood like Floridian are going for a even higher PSF .Wing Tai's properties are generally quite solid - can't say the same for many other developers!
Nearby Jardin, KAP Residences 20years newer is going and also FH is going for similar psf if not
lower. There must be sth really appealing about Maplewood.
 

arctician

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same for rivergate also. Maybe they are the heartbeat or iconic project in that district.
 

ThinkCarefully

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it not because sentosa is chui, its because their ENTRY price is chui.

Profit is made at point of purchase not point of sale.

if one can enter resale at $1k psf in sentosa cove with full waterfront view, u see anyone will laugh and say sentosa chui anot :LOL:

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Agree. This shows how much overpriced the Sentosa area was that many years still buyers cannot get out without getting burnt...

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holasingapura

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Lol, ulu means deserted… it conflicts with “so many people”.

Near or far depends on the reference. With the shift of population density and decentralisation… the central reference point may not be CBD anymore. That’s a trend to take note of.
Population density shifting to where? The OCR areas are already the most dense and crowded.
 

Hippocrates

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Population density shifting to where? The OCR areas are already the most dense and crowded.

To know a trend, the current state doesn't matter as much as the magnitude and trajectory of changes in different zones/subzones over the past decades. But the quantitative evidence of decentralisation is more than that. There are also shifting wealth distribution of the residents and shifting economic activities - the former could be easily inferred from publicly available data, while the latter was a real pain to uncover and to model.
 

hwmook

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I like his last concluding line.. “if a pandemic like covid cannot affect Singapore property prices, what makes you think a cooling measure will.”Hahahaha.

COVID mainly affect the poor people, rich people are not affected as badly. Moreover the interest rate has dropped to all time low and low interest rate has always resulted in inflated assets prices. It doesn't take a genius to figure out that the pandemic has help to inflate price and cooling measures will help to deflate the price. I don't get his logic or jokes.
 

zzzzzzz

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because of covid situation many people with money who usually like to travel suddenly cannot travel, so they choose to pay more cov and buyed hdb resale at higher prices since money no where to spend
:frown:
 

petetherock

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Building costs are going up, and timelines will be extended. But you can't hold it against the builders, the law ensures they are treated fairly.. so plan ahead when you start, and know that you'll need more time and money.
But the interest rates are down recently, so it's a good time to re-finance..
 

arctician

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this one is fact backed by data? Shoebox went up by 20% over last ONE YEAR meh....but CNA, should be facts. But i dont see any headlines for shoebox in last 6 mths
 
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