Thanks Alan for the sharing. See China relaxing their cooling measures which never say never for Singapore case and price will spike again for private properties if that happens if the economic conditions are better.. however, with the impending interest cut by Fed, the cooling measure not likely to be removed
Base on my real experience. My first resale HDB bought at peak😅 my first pte also bought at peak.😅 Still all make money. Even my investment property that rental not enough to cover loan, still make money. As long u hold long term, just buy 😂😂😂
Private just started to climb..it has to be at least 40% higher than the recent hdb 1.75m, if private is peak now,,u saying all Hdb above 1m are big rotten carrot heads
@@steventay5834 then hdb will fail since they already market their new bto 5rm Ang mo Kio at 887k!!! Wake up..wait till Bayshore bto hdb market it at 900k
Another factor is the mortgagee and auction sales. I frequent the Amara hotel KF auctions, and recently prices still haven't come down significantly yet. Lots of owners still hanging on to their La-la land valuations
@@chinchowpowpook In 0ne's Heart, preference is to 0wn a Freehold property. However, in Public, words are otherwise, mass media propaganda to sell Leasehold property to generate income. No one is so unwise to refuse his or her sources of income. Money = Oxygen.
Hard to say. According to most big property agencies , around 80% of condo sales in the last 2 years are locals. And before anyone say the usual trope of Oh These are new citizens. Nowadays it is very difficult to get PRs here in Singapore, just look at the number of foreigners complaining about it online and even more difficult to convert to SG citizenship and sorry for, rich people, no more golden visa program liao
@@chinchowpowpook Democratic - 0ne can say what 0ne wants - I don't bother - I sleep well, eat well, live well and travel well. It doesn't really matter at all. It's 0ne's choice. It's 0ne's decision. I'm Not here to teach 0ne to be smart. Of course, 0ne sure to think 0ne is smart, and there are millions, if not billions of them out there. Reality & Truth prevail. The Most important is 0ne is happy and willing to share. 0ne is also free to 0bject or to Reject anyone's opinion, no problem, none at all. No need to be harsh "sour grape" 0r any Negatives. To tell the truth, not going to lie, Negatives will not go far in life. 0ne laughs, the world laughs with You. 0ne cries, 0ne cries Alone. This Wisdom is Time Tested for Centuries. Go on, carry on, go ahead with 0ne's "sour grape" and it doesn't affect 0thers, gain nothing from it.
@@alanweeproperty People with medical / aged won't stand a chance. Fire spreads swift and upward. Jump? Fire Dept around the world doesn't have a 123 meters ladders / hoses.
Sour grape always say this years..they say the first 1 mil case is silly crazy years ago. Now the same “they “say 1.7m is crazy again..who is silly crazy?
@@chinchowpowpook There are No shortage of sour grapes, thousands, if not millions, better things to do than to waste precious energy, time 0r resources to be trapped in an endless argument pointless sticking out necks and tongues to prove 0ne's point. That was the historical dinosaur. Game-0ver. Today, people are being measured by how successful 0r how wealthy, net worth, income, so on and so forth. You often see arguments and fights occurred in poverty families, violence, delinquent juveniles, crimes, drugs, criminal records, debts, suicides, miseries, sufferings, etc. In my younger days, I did volunteer works (unpaid), expenses paid from my own pockets, helping in the old folk homes, school for the blinds, donated money to the mouth and Foot Painting Artists, asking donations from the businesses and shops for donations to help poor students to buy books, uniforms, shoes, and perhaps a little bit of pocket money 0r foods, especially tonic drinks like 0valtine. 0valtine is the "BEST" and the "Earliest" brand trusted throughout the decades since 1950s in SG. I learned from the wisdoms of 0thers and applied the wisdoms of 0thers = Bless today with a cushy comfortable life without stress 0r worry, none at all. Perhaps, it was my previous kind compassion voluntary works (unpaid) from my heart, tirelessly, rewarded me today with good health, no sickness, healthy, no cough, no flu, no fever, no nothing, no medicine, no visit to doctor, no nothing, unvaccinated. I am already a grandpa. I am still healthy, staying away from unhygienic arguments or debate for nothing. Travelling abroad to enjoy and to relax myself with rest and recreation before my full time is up. 2000 started @ $500 k / 2024 ended @ $2.5 k net worth / never borrow / all paid in Cash. Net Worth was $3.3 m @ 2018 / $3.3 m - $800 k paper Loss @ SGX = $2.5 m Net Worth @ 2024
