Ii's been a very long time ,& the ringgit should be at 1 ringgit to $1 All 1 million malaysian workers will return back to malaysia for good. Singapore will get more filipinos , indian nationals & mynamar workers to fill in the gap. Singapore will survive without malaysian workers.
You are misleading people. You think everybody own or can sell their hdb flats. Some might able to sell their flat and make some profit but not all can sell due to some family issue.
Kkk asset is good for children. You sell high, you also buy high. Unless desperate for cash, no point selling. Just like stocks, keep it for long term to get better appreciation. Btw, different properties appreciate at different rates.
HDB prices especially resale should be higher imo. Singapore is one of the best places to live in the world and many people would kill to live here. I see no reason why prices cannot increase further. Increase in prices of HDB also gives opportunity to ordinary Singaporean to upgrade to a condo thus moving up the social economic ladder. So as long as the gov continue to build affordable BTO, i see no reason for concern.
it taking years ,coming back to geylang, sentosa and so on. dulu masih ingat 1 dollar : 2.4 , makan nasi di geylang , bugis tak rasa mahal .. if this happen today , travel to bugis will be like going to eco shop at 2.40 ringgit only
Mr Loo… if u have bought a private property 10 yrs ago… u should now easily be able to afford to downgrade to a same size HDB flat still keep the capital appreciation u have made in tat private property without sacrificing the size of the house right?
Well, I did something similar.... I invested money into Businesses and US Equities and made much more than what i would have gotten thru private property investment. So it turned out alright for me.
Mr Loo, I feel dispair. Bought a landed house, very nice, 20 years ago, for 1m, in Cape Town. Today, cant even sell it for 100k, i wont give to the kids, law and order has totally failed, too many murders. No Gahmen liaw. Be happy your HDB is going great.
I hope the government will continue to help those from less privileged or disadvantaged background. At the time, I believe fellow Singaporeans will have more sympathy and pay forward to the people in needs.
Mr Loo, ur HDB flat has another 20 years before lease decay set in. By the time you kick the bucket, ur children might be inheriting a flat with depreciating value.
Mr Loo, are you China expert? All your information are from western media that paint bad about China. Do you know China are entering into high tech and green energy economy?? All polluted factories whether foreigners or local are relocating to other countries by government orders.
..Are we are witnessing Mass Mental Problems here ? HDB Flats - originally meant for Owner-Occupation, to create sustainable Families - have been transformed into Investment Trading Units Yes, the Economics of Supply - Demand, etc.,.. This Mental illness is so Bad to the extent that everyone calls their flats, "Houses" ! Social Influencers such as Monkey & Fiends,..Property Agents Feed the Fuel of Greed into the Fire of Price Inflation. "...Motivated to Buy because of the anticipation of price rise later,...." Is Singapore so devoid of Business Ideas to the extent that the Powers above, use Property ( and *Cars..) as a Business to Feed the Population ? Over-Trade in Car Transactions is allowed, but for Property, such is Illegal, Yes / No ? And with the penetration of the Internet into the Rural Sovereigns nearby with lower costs, more Humane Society,.. will there be a Big Shock of Adjustments, in the Future ? Mr. Loo,.. Please, ..You seem to Focus too much on $$$$ as a Life Valu and little else. Do Be Careful, Reflect. Thank You God Bless
All I say is GG to those who are not in the property game, with no access to BTO and not a high income earner either. Property prices will not come down drastically.
Oh, i disagree, too high is not good, we should keep the hdb price as low as possible so to make everybody affordable so we can easily buy and sell, since onli applicable singaporean & PR.. haha
Mr Loo, hope this finds you well, the rate which bto appreciate is faster than 3.2% increase for your resale flat how I know is because i bought tengah beside the town center MRT, when I bought in 2023 May, it appreciated 15-20% from the previous year it was really painful so i know 3.2% yoy appreciation cannot outpace the bto price increase, no harm intended but yknow its net negative all things considered so i feel if then price dont rise, is overall still better as a whole because for your kid, 3 kids buy bto means approx 3x the amount of inflated price increase :’) what are your thoughts?
one possibility for realizing hdb value for you is this possible route: housing status aside, after all your kids have moved out, if you sell the mansionette to buy 4room and knock 1 of the room down; 1. big living room space to host kids and grandkids 2. can cash out profits 3. “renew” the lease by buying newly MOP flats with longer lease so property value can appreciate/retain value better(cite Bala’s curve) for your kids as an inheritance in the future whats your take?
I am sure the PAP govt will fall if the properties dont cool off soon and become really affordable. Just making rich richer and everybody else poorer otherwise !!
Loo, congrats, u sell minion and then migrate to ur Mount Austin freehold landed isit? U got ur VEP activated? Otherwise if u hv to buy, u will oso buy minion dollars If u said u no intention to sell, so wat if it even.billion? U hv to sell to see the money In Singapore no one is winwin The only winwin is the gahmen 😂
Mr loo because u are fortunate born to the correct hole thats why u can have extra money to so-called " invest " .if Singaporeans are rich those seniors no need still selling tissue papers at train stations, seniors no need work at food courts collecting and wash plates instead of retiring happily looking after their grandchildren .buy then stay where ? Void deck or park ? Sell and buy again still owe till one die, unless migrate to lower costs countries, rich only one owe nothing.
you seem to resign to the fact that property price will move up over the long term. if one has the foresight to invest in property, he would not have the feeling of nothingness over the rise in flat prices. The secret is to invest in property and enjoy your home and investment properties price growth. u can even rent and let others pay for your mortgage. there are better ways to outdo 1M65.
