Property Views

[TheAnswer]

That means not worth to invest in property now?

[MrsKiasu]

TheAnswer:

That means not worth to invest in property now?

Will still have good buy around...when the owner willing to release the unit at your asking price..

[sleepy]

Now I think buyers still waiting on the side line. Developers also not ready to lelong yet


The next blow will be when interest rate increases. More sellers selling, developers will become more realistic with prices too

[TheAnswer]

When that happens… Dun forget to scream for TA… TA dun wan to miss it…

[MyPillow]

sleepy:

Now I think buyers still waiting on the side line. Developers also not ready to lelong yet


The next blow will be when interest rate increases. More sellers selling, developers will become more realistic with prices too

i think a lot of investors are waiting for this day :evil:
thats why shoe box is soo soo oooo popular, some investors feel lower start cost n pinch.

i am thinking such smaller units will / may turn out to be Airbnb holiday rental :nailbite:

[TheAnswer]

Come on la…plenty of investors got ready cash… Stiff competition…

[Ikid]

lee_yl:

Assuming a 99-yr HDB and 99-yr condo bought about the same time.


First 40 years, 99yr condo should appreciate faster than HDB. But after certain years, with a short remaining lease, the 99-yr condo prices will depreciate to zero. HDB will never depreciate to zero.

If both kena enbloc, then definitely the private will earn more.

Thanks for your reply

[Ikid]

starlight1968sg:

Ikid:

Can someone share your views, is it true private condo (99-years) will have a better capital gain as compared to a 99-year HDB flat?

Not sure if am answering your qn;
a 1st hand 5rm hdb flat bought in say late 1990s cost abt 200k, is probably worth 500k now. So the gain is > than 100%.
Can a private condo also gain such?

Thank you
So it sounds like is worth to keep the HDB afterall.

[ngl2010]

lee_yl:

Assuming a 99-yr HDB and 99-yr condo bought about the same time.


First 40 years, 99yr condo should appreciate faster than HDB. But after certain years, with a short remaining lease, the 99-yr condo prices will depreciate to zero. HDB will never depreciate to zero.

If both kena enbloc, then definitely the private will earn more.

Is there any 99-yr condo that is over 40 years at the moment? :scratchhead:

[limlim]

Ikid:

TheAnswer:

Now need to get approval.. Machiam HDB become my father.. Have to ask for permission.. Got permission liao then buy.. We got permission so buy lor..

May I ask why need HDB's approval when the MOP (ie. 5 years) is met?
Not automatic eligible? If HDB is fully paid and met MOP also need HDB's written approval?

If rent out unit need approval.

If buying private property, nothing to do with HDB if MOP met. Not sure why need approval.