Property Views

[lee_yl]

zbear:

lee_yl:

2016 will be challenging for Singapore as the global demand is very low.

It maybe too early to ask but what are your views for 2017?

I recall I once shared in TA's thread last Dec about my views on 2016/17. 2016 will be a challenging year but may not see massive retrenchment yet unless due to unforeseen circumstances like China and/or Breexit.

The China and oil crisis came a little earlier than what was expected which sent the new year to a rocky start.

Actually we have been waiting to enter the property market for some time already. Since last year, we were targeting Q3/Q4 16 but since property prices take time to bottom out, so prices in 2017 might be even cheaper than in 2016.

Well, I think it is extremely difficult to catch the rock bottom of the property cycle so if the prices reach a level you are happy and comfortable with, Q4 16 onwards could be a good time to buy. Another buy signal is when the government starts to roll back the cooling measures.

[starlight1968sg]

so far no obvious signs on rolling back cooling measures which can be a hint that the lower is yet to come?

[mummymay]

An article in ST today. Firms may wait till CNY is over before announcing layoffs. I feel that the Govt initiating the Skills Future programme is also partly in anticipation of the coming recession, in addition to future readying the workforce.

[kitty2]

A Friend share this


I chanced upon a property developer yesterday. He was telling me that the landed property will crash. The raw land price is now going at half price. It’s a good information to take into consideration if we are thinking of investing in any landed property now.

[kyith]

take that with a pinch of salt. here are the URA landed index 1 year draw down


1977: -5%
1984: -5.9%
1985: -15.97%
1996: -2.6%
1997: -11.31%
1998: -37%
2000: -1.6%
2001:-10%
2002:-2%
2003:-2%
2008:-2%
2014:-5%

the biggest drawdown is 37%. out of the 12 drawdowns 8 is less than 6%.

what makes him so sure about the magnitude.

[scg8866t]

Hi anyone know how to search for terrace houses near Nanyang Primary? Property guru is very inefficient to find landed terraces, all they show is condo and clusters. My budget is 2.5-3mil. Thanks.

[pirated]

scg8866t:

Hi anyone know how to search for terrace houses near Nanyang Primary? Property guru is very inefficient to find landed terraces, all they show is condo and clusters. My budget is 2.5-3mil. Thanks.

You can use the URA portal to search

But really you won't find anything below 3-4m, that's why ppty guru search does not turn up anything

[limlim]

ngl2010:

FantasyLandDreams:

May I know if there are fees involved for decoupling and reasons why it is not worth it? How does decoupling method works? Thanks.

You can read this.
https://blog.propertyguru.com.sg/12559/ ... pling.html

So decoupling applies only if the property owned is not a HDB?

[pirated]

Decoupling only makes sense if the property value vis a vis new ppty is worth the stamp duty involved.


In the decoupling transaction, the "acquirer" has to pay stamp duty too

[limlim]

If an SC is list as an essential occupier in a HDB property, but is not the owner.


Will incur ABSD if buy a property?