Which Direction Will Property Prices Go ?

[1993newbie]

Condo resale prices rise for 4th straight month in November: SRX

https://www.srx.com.sg/singapore-pr...gSHnvTvXTdOJDR4Lju4IsX0TMkYC9pZM5CHxhHbBs4-Hk

 

[1993newbie]

Former site of Mediacorp’s Caldecott Broadcast Centre sold for S$280.9 million
Read more at https://www.todayonline.com/singapo...k8Hl0uEAtj6640DztrQyLd46uKbdDCrzY1dvk_lsT9F48

 

[daheigou999]

Condo resale prices rise for 4th straight month in November: SRX

https://www.srx.com.sg/singapore-pr...gSHnvTvXTdOJDR4Lju4IsX0TMkYC9pZM5CHxhHbBs4-Hk

Still waiting for the -40% in condo prices

 

[Passerboy]

Still waiting for the -40% in condo prices

I see the resale prices closing the gap w new launch prices. With the reopening of our economy, we should see further uptick in prices come 2021 and beyond.

 

[MrHighlander]

Super duper sian

How to buy ?

What recession ???

 

[MrHighlander]

99-year bungalow ? Who wants 99 years ? It’s a stain on the status

Former site of Mediacorp’s Caldecott Broadcast Centre sold for S$280.9 million
Read more at https://www.todayonline.com/singapo...k8Hl0uEAtj6640DztrQyLd46uKbdDCrzY1dvk_lsT9F48

 

[MrHighlander]

Condos should crash a bit

There is oversupply and expats are leaving leaving weak rental

I see the resale prices closing the gap w new launch prices. With the reopening of our economy, we should see further uptick in prices come 2021 and beyond.

 

[SBC]

Condos should crash a bit

There is oversupply and expats are leaving leaving weak rental

Missed this boat big time?

 

[MrHighlander]

What boat ?

Missed this boat big time?

 

[The_Davis]

What boat ?

Maybe missed the cruises?

 

[MrHighlander]

Prices are flat

Wait for Jss to end next March

Maybe missed the cruises?

 

[SBC]

Prices are flat

Wait for Jss to end next March

Looking at secondary mkt?

 

[MrHighlander]

Maybe

You got advice ?

Looking at secondary mkt?

 

[SBC]

Good choice. Which area are you looking at?

 

[momoeagle]

https://www.straitstimes.com/busine...in-november-climbing-19-from-october-ura-data

"November's healthy sales indicate that not all segments of the market were affected by the new curbs on the re-issuing of OTPs. There are many genuine buyers who can afford a private home without applying for an OTP extension," said Ms Christine Sun, OrangeTee & Tie's head of research and consultancy.

So it wasn't a problem. The authorities has done extra work for nothing

 

[momoeagle]

Super duper sian

How to buy ?

What recession ???

Recession is only for certain parts of the economy.

Generally business is booming. Look at the long queues at restaurants, I'm discouraged to eat out at dinner time because of the long waiting queues.

Even 3pm timing also still have people, except no need queue.

 

[momoeagle]

Prices are flat

Wait for Jss to end next March

JSS is an excellent business booster.
The main JSS bonus are in. Remaining is only 10% of the salary, which doesn't help too much. Just a sweetener.

 

[SBC]

JSS is an excellent business booster.
The main JSS bonus are in. Remaining is only 10% of the salary, which doesn't help too much. Just a sweetener.

JSS had expired. Now is JGI.

 

[1993newbie]

Condos should crash a bit

There is oversupply and expats are leaving leaving weak rental

Some expats that is still here may move out from city centre to RCR & OCR since some company allowed them to work remotely, No point to pay high rent to live in CBD.
As example, the condo I’m staying has seen a rise in number of Ang Moh tenants post **,
They shared that for $2000+,they can rent a 3 bedder penthouse with private jacuzzi for the same price as a 1 bedder in CBD.

OCR rental has improved post ** actually.

 

[NiShiZhu]

Condos should crash a bit

There is oversupply and expats are leaving leaving weak rental

My Ang mo German tenant just sign 2 year lease a few months back, u say leh