Property Views
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jetsetter:
The rumours... by end of this year?..or another few more years? If by end of this year..the fall is not attractive enough hor :razz:chiaki:
Think it may go down a bit more. But there are some rumors that some of the cooling measures will be tweaked by the end of the years.
Also heard the rumours. -
What kind of rumours? From what sources?
Market is moving now… One of my choice units is snapped up when we left it alone for 3 days… -
MrsKiasu:
The rumours... by end of this year?..or another few more years? If by end of this year..the fall is not attractive enough hor :razz:
Why u think the drop is not attractive if this year end ?
Anyway, higher chance is relaxing cooling measure only
Some developers bought the land at higher price in some areas the last 3 yrs + . How to sell low ? Developer will suffer big loss, which is no good for economy too, may cause ripple effect. -
MyPillow:
They wont sell low wan.. u need to know how much they bid the land for and calculate from there..MrsKiasu:
The rumours... by end of this year?..or another few more years? If by end of this year..the fall is not attractive enough hor :razz:
Why u think the drop is not attractive if this ur end ?
Anyway, higher chance is relaxing cooling measure only
Some developers bought the land at higher price in some areas the last 3 yrs + . How to sell low ? Developer will suffer big loss, which is no good for economy too, may cause ripple effect.
We r still going ahead.. They can sell to companies if I m not wrong..
EC price should also be coming up I guess... -
Public listed or foreign developers have to sell a completed property within a certain period (2 years from TOP I think) or face penalties which can be pretty hefty. Unless of course gahmen introduces measures to alleviate their worries.
if you are talking about resale units, if the owner has holding power, why would he/she sell low? Then again, with new properties coming up, tenants may be facing with a plentitude of choices and with reduced rentals, property may not look so rosy after all.
All these would be of concern to anyone wishing to go into property as an investment. However, if it’s for own stay, or if the unit is in a good location (near amenities, mrt), then all these would not be of concern. I see that SG blue chips these days are looking very attractive. Lower outlay, reduced risk (i don’t leverage for share purchases), I’ll still just play it safe. -
I m just hoping...
maybe resale units will have better chance? -
One thing about new launches, the units are really really small…I can’t believe how petite we have gone. 3 bedroom at 900sqft…seriously?
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Is the property market showing signs of warming up now? Didn’t go viewing for quite sometime already.
TA, can feel buyers snatching deals already? -
The rumour is that some cooling measure maybe relaxed.
But as you know rumour is rumour. No one know for sure.
Yeah. See how high the developer bought those land and also see how high the buyer bought those unit. If the market crashes suddenly, a lot of Pple will be screwed. So I think it Wint be allowed to crash, probably just modest a bit. -
hquek:
Agreed. For resale owner to start to dump their property, all 3 factors must be present.Public listed or foreign developers have to sell a completed property within a certain period (2 years from TOP I think) or face penalties which can be pretty hefty. Unless of course gahmen introduces measures to alleviate their worries.
if you are talking about resale units, if the owner has holding power, why would he/she sell low? Then again, with new properties coming up, tenants may be facing with a plentitude of choices and with reduced rentals, property may not look so rosy after all.
All these would be of concern to anyone wishing to go into property as an investment. However, if it's for own stay, or if the unit is in a good location (near amenities, mrt), then all these would not be of concern. I see that SG blue chips these days are looking very attractive. Lower outlay, reduced risk (i don't leverage for share purchases), I'll still just play it safe.
1. Interest goes up quite high
2. Cannot rent out
3. Economy is bad and out of job.
As long as the owner is still earning good salary , can rent out and interest still ok, there is no real need for him to sell low. Just keep it n rent and can top up with salary
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