Which Direction Will Property Prices Go ?

  • Need someone to talk to?
    Feeling down, anxious and need help? Mental Health Helpline: 6389-2222 (24 hours) More info
S

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
19,587
Reaction score
1,218
Hitting 50 yo very soon too.

Hope to retire in 3 years time.
 
coolhead

coolhead

Great Supremacy Member
Joined
Mar 25, 2007
Messages
52,432
Reaction score
13,628
lowzeewee said:
I would likely be jobless for 40 of those 50 years, if we don't protect our future job at hawker centres now.
Click to expand...

jobless is not a necessity, it's a choice.

Posted from PCWX using my high crass Redmi K20 Pro
 
F

Forever84

High Supremacy Member
Joined
Mar 10, 2007
Messages
25,029
Reaction score
11,453
Well, HDB prices support mass market condo prices, so it will be interesting to see if prices of mass market condos can appreciate without support from HDB prices.

Anything still possible though, I know many AT moving here looking to snap up expensive homes trying to setup base here to escape trade war problems so who knows that might still help to prop up market
 
C

Clazav

Master Member
Joined
Nov 7, 2014
Messages
2,579
Reaction score
485
The new policy should try to remove outliers, like those selling above 1.1m hdb. As these are outliers, their number maybe not be substantial enough to cause a plunge in hdb overall resale price.

Forever84 said:
Well, HDB prices support mass market condo prices, so it will be interesting to see if prices of mass market condos can appreciate without support from HDB prices.

Anything still possible though, I know many AT moving here looking to snap up expensive homes trying to setup base here to escape trade war problems so who knows that might still help to prop up market
Click to expand...
 
S

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
19,587
Reaction score
1,218
Watch out for Clavon sales performance 2 weeks later.

Buying strength is v strong.
 
P

Passerboy

Supremacy Member
Joined
Jul 5, 2019
Messages
7,573
Reaction score
736
SBC said:
Watch out for Clavon sales performance 2 weeks later.

Buying strength is v strong.
Click to expand...

Look for KI first then Clavon. KI sales will provide some indication for Clavon, though they do not have a direct correlation but they both appeal to westies
 
dnsfpl

dnsfpl

Great Supremacy Member
Joined
Dec 14, 2004
Messages
60,045
Reaction score
4,193
Clazav said:
The new policy should try to remove outliers, like those selling above 1.1m hdb. As these are outliers, their number maybe not be substantial enough to cause a plunge in hdb overall resale price.
Click to expand...

i think it will push down the overall resale market

imagine now ccr hdb 1m vs rcr hdb 0.5m
after curbing, ccr hdb drop 10% to 0.9m, naturally rcr hdb price will also drop
if not "everyone" will rather aim for ccr hdb
condo price will also drop as it is usually 2.5x hdb price

unless they plan to tax resale hdb transaction
eg 1st 400k 0%, next 400k 3%, next 400k, 5%
so if you sell 500k hdb need to pay $3k tax
sell 1m hdb need to pay $22k tax
but this will not curb the resale price
 
Last edited:
D

drkcynic

Great Supremacy Member
Joined
Jan 1, 2007
Messages
57,435
Reaction score
26,947
Falafell said:
Looks like we will see more ‘gurus’ saying BTOs not worth it already, should upgrade
Click to expand...

HDB's rental return is largely unparallel though so I do wonder how they are going to "control" the hdb prices.

If they get too cheap I would think many older folks will start looking at resale HDB for a lucrative rental return. That will inevitably push the prices up again.
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top