Property Views

[elimmel]

So with this new cooling measures, those starting or just started enbloc process can pack up?

[zac's mum]

I just went to view a resale unit. Seller’s agents are in agreement: their potential customer base has been reduced greatly with the cooling measures.

[MyPillow]

zac's mum:

I just went to view a resale unit. Seller’s agents are in agreement: their potential customer base has been reduced greatly with the cooling measures.

Are u disposing your first property ?
If u are then absd dun affect u.
Can’t “ blame “ those who want yo sell high . This is their “ business” model not greedy la. If can sell high , earn more , why not ( if we are seller now, we also hope to sell a good high price )
Good luck in house hunting , now should be easier for u since new absd is implemented to curb price hike.

[MyPillow]

starlight1968sg:

Many are very rich and here we are talking about 1-2 mil for a ppty.

I don’t think I hv the guts to buy a 3rd one as our runway is relatively short.

StarL, I m not looking at 2nd private property too. Am comfortable n satisfied with my state now . Actually I paid for my parent HDB too ...so That’s 3. Just dunno how HDB pricing will be - how long should we hold etc.

[lee_yl]

zac's mum:

I just went to view a resale unit. Seller’s agents are in agreement: their potential customer base has been reduced greatly with the cooling measures.

Guess people need time to react bah...

Did the agents say price will drop and by how much?

I read that before the current rebound, the property market took 15 consecutive quarters of decline to drop 11.6%. I may be too optimistic, guess if one is looking for at least a 10% discount to current prices, may need to wait for another few years?

I feel that it’s a good time for buyers getting their 1st property. Not affected by ABSD and prices likely to stop growing for the time being.

[Cloud Cloud]

lee_yl:

zac's mum:

I just went to view a resale unit. Seller’s agents are in agreement: their potential customer base has been reduced greatly with the cooling measures.

Guess people need time to react bah...

Did the agents say price will drop and by how much?

I read that before the current rebound, the property market took 15 consecutive quarters of decline to drop 11.6%. I may be too optimistic, guess if one is looking for at least a 10% discount to current prices, may need to wait for another few years?

I feel that it’s a good time for buyers getting their 1st property. Not affected by ABSD and prices likely to stop growing for the time being.

Now is the beginning of an upturn. Either buy now or wait for the next down turn. Could be 4 or 5 years later.

[zac's mum]

I can wait. Not urgent to move at all. Just window shopping around for a nice unit that suits our family for permanent stay. If we fall in love, of course we will commit.

[laughingcat]

Lee_yl, like yourself we profit when we first bought the investment unit during the market crash - the unit was a big discount. Then we sold it off during the highest peak Back then no ABSD. DH also said to wait for the next market crash and my reply was wait long long. I doubt so. Everybody learned the hard lesson from the US. I totally agree that property prices in SGP will only increase. The current measures will not cause a drop at all. At most the property will rise slowly.


I would think rising interest affect the private property owners bah. Not so much about HDB dwellers.

[laughingcat]

MyPillow:

Just dunno how HDB pricing will be - how long should we hold etc.

Talking about HDB, is HDB really worth it to buy since it is leasehold? :evil:

At how many years left before the HDB leasehold expired should one not consider at all?

To me HDB is not a worthy investment and hence can't understand why anyone would want to pay a premium for a HDB. :scratchhead:

[starlight1968sg]

I think those who paid a premium for a resale hdb is due to the location, unblocked view, proximity to parents’ home.

If I hv a mil, I will buy a private