Property Views

[TheAnswer]

cherrygal:

Am thinking to buy additional property but always put off by the ABSD... however, I still see many people taking the plunge and pay the ABSD. How to justify to oneself in paying the ABSD?

What do u think will happen after ABSD is lifted?
Many Singaporeans are cash rich.

[MrsKiasu]

I guess so long as you think that you have got a good bargain on the unit (by referring to the trend/historical pricing of the development) and think that the total cost is worth and acceptable to you then can plunge ba.

[Zeng]

Thought experts always say Buy when other fear

in 2009, most said it would be a hard and long one
but did not turn out that way
Guess in short, no one can really predict future

laughingcat:

in the recent report http://business.asiaone.com/news/outlook-dims-singapore-inc-economy-moonwalks
and with the upcoming US presidential election that may not look promising to Asia and forecast that this coming recession is going to be as \"hard\" as the last previous ones. Still safe to buy property?

[starlight1968sg]

News said new private home sales went up …

[meinteel]

starlight1968sg:

News said new private home sales went up ...

Many have been holding off buying new private homes because of the ABSD. Government have already made clear indications that they will not be lifting the ABSD anytime soon. They will only look at changing it slightly in a few years. Furthermore, developers have been slashing prices and dangling carrots to prospective buyers who have the ability to purchase.

In addition, as a property agent, I see more enquiries from overseas buyers (especially from Indonesia) who are looking for a safe haven for their cash or for long term investment. They are not just looking for 1, but several properties.

So yes, private homes are slowly moving off the shelves.

[vinegar]

MrsKiasu:

If I m not wrong, I think there was this new condo under construction then..near the Commonwealth HDB area at opposite the McDonald got case of a maid (?) found dead there..

the condo is Viz Holland

[starlight1968sg]

Four projects to make their debut by April expected to attract interest despite weaker economic outlook

...
http://www.straitstimes.com/uncategorized/condo-launches-to-drive-new-home-sales-up

[Uncleken]

Hi Bros and Sis


On your opinion, which is a better buy for a new home? An http://www.condolaunchsg.com or a private property? Both are 99 years and always hear that returns are much better for an ec. Was thinking of either of http://www.condolaunchsg.com/properties/inz-residence/ or http://www.condolaunchsg.com/properties/clement-canopy/. These are launching very soon, after Chinese New Year. Or should I be waiting for http://www.condolaunchsg.com/properties/yio-chu-kang-ec/ which is closer to my in laws place?

Thanks in advance for your advise.

[starlight1968sg]

If you buy it for staying, does it matter if it is EC or private?

[TheAnswer]

starlight1968sg:

If you buy it for staying, does it matter if it is EC or private?

I went to my friend's EC this CNY. Very poorly maintained. Some HDB look more maintained.

Went to Nuovo also. Nuovo is ok.