Property Views
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starlight1968sg\" post_id=\"2043559\" time=\"1635049244\" user_id=\"14025:
Right now I think resale market is doing well because of all the BTO backlog. But maybe once the backlog eases, resale may start to cool a bit.
Will prices of properties drop? -
zac's mum\" post_id=\"2043565\" time=\"1635050296\" user_id=\"53606:[quote=\"zac's mum\" post_id=2043565 time=1635050296 user_id=53606]
Clearing of the backlog takes quite a while due to lesser workers etc.starlight1968sg\" post_id=\"2043559\" time=\"1635049244\" user_id=\"14025:Right now I think resale market is doing well because of all the BTO backlog. But maybe once the backlog eases, resale may start to cool a bit.
There are some constructions work seemed unaffected bec I see the building \"growing\" taller and taller. A gd example woudl be Midwood at Hillview. -
starlight1968sg\" post_id=\"2043564\" time=\"1635050279\" user_id=\"14025:
Have. But personally I feel after the 2008 down, subsequent one(s) the down is bouncing up fast le..just my feel la, not active in property haha.
I have yet to see cycles of down; always up, up, up...MrsKiasu\" post_id=\"2043560\" time=\"1635049454\" user_id=\"43981:
We went through few cycles of up and down le..
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starlight1968sg\" post_id=\"2043559\" time=\"1635049244\" user_id=\"14025:
Unlikely. Maybe drop a bit and then go up and up. Then drop a bit and go up and up again. In the long run, it will still be higher than now.
Will prices of properties drop? -
ngl2010\" post_id=\"2043570\" time=\"1635051453\" user_id=\"40978:
I agreed; overall on a rising trend.
Unlikely. Maybe drop a bit and then go up and up. Then drop a bit and go up and up again. In the long run, it will still be higher than now.starlight1968sg\" post_id=\"2043559\" time=\"1635049244\" user_id=\"14025:
Will prices of properties drop?
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lee_yl\" post_id=\"2043413\" time=\"1634956873\" user_id=\"17023:
My family is expanding and we have been looking at newish resale flats (5 room or bigger) in AMK and punggol / sengkang.
https://www.channelnewsasia.com/singapore/hdb-resale-transactions-prices-all-time-high-2260946?cid=FBcna&fbclid=IwAR1DUVZ-GuS9vCIT5Necc1ykSQLJDCAlSbAR_HwG3KgZkO256bNvEzKie2c
Property market on FIRE!!
https://www.propertyguru.com.sg/listing/hdb-for-sale-260a-ang-mo-kio-street-21-23726178 are selling at a million!
and https://www.propertyguru.com.sg/listing/hdb-for-sale-326d-anchorvale-road-23718222 are not far behind!
Can't believe my eyes when I saw such listings! -
tinker_bell\" post_id=\"2043632\" time=\"1635121547\" user_id=\"194652:
The HDB resale market is really on fire. Two of my relatives sold their HDB flats this year (TPY and Punggol) at record high price for the respective area. I was surprised the HDB valuation can match the record high price!
My family is expanding and we have been looking at newish resale flats (5 room or bigger) in AMK and punggol / sengkang.lee_yl\" post_id=\"2043413\" time=\"1634956873\" user_id=\"17023:
https://www.channelnewsasia.com/singapore/hdb-resale-transactions-prices-all-time-high-2260946?cid=FBcna&fbclid=IwAR1DUVZ-GuS9vCIT5Necc1ykSQLJDCAlSbAR_HwG3KgZkO256bNvEzKie2c
Property market on FIRE!!
https://www.propertyguru.com.sg/listing/hdb-for-sale-260a-ang-mo-kio-street-21-23726178 are selling at a million!
and https://www.propertyguru.com.sg/listing/hdb-for-sale-326d-anchorvale-road-23718222 are not far behind!
Can't believe my eyes when I saw such listings!
For the AMK flat, this unit just fulfilled the MOP, usually price is highest the moment the flat hits 5 years. As for the Sengkang one, I think the seller is just trying his luck. $300k more than the last done deal is ridiculous. It will still sell, maybe $6xxk-$7xxk. -
lee_yl\" post_id=\"2043643\" time=\"1635124704\" user_id=\"17023:
The HDB resale market is really on fire. Two of my relatives sold their HDB flats this year (TPY and Punggol) at record high price for the respective area. I was surprised the HDB valuation can match the record high price!
My family is expanding and we have been looking at newish resale flats (5 room or bigger) in AMK and punggol / sengkang.tinker_bell\" post_id=\"2043632\" time=\"1635121547\" user_id=\"194652:
[quote=lee_yl post_id=2043413 time=1634956873 user_id=17023]https://www.channelnewsasia.com/singapore/hdb-resale-transactions-prices-all-time-high-2260946?cid=FBcna&fbclid=IwAR1DUVZ-GuS9vCIT5Necc1ykSQLJDCAlSbAR_HwG3KgZkO256bNvEzKie2c
Property market on FIRE!!
https://www.propertyguru.com.sg/listing/hdb-for-sale-260a-ang-mo-kio-street-21-23726178 are selling at a million!
and https://www.propertyguru.com.sg/listing/hdb-for-sale-326d-anchorvale-road-23718222 are not far behind!
Can't believe my eyes when I saw such listings!
For the AMK flat, this unit just fulfilled the MOP, usually price is highest the moment the flat hits 5 years. As for the Sengkang one, I think the seller is just trying his luck. $300k more than the last done deal is ridiculous. It will still sell, maybe $6xxk-$7xxk.[/quote]300k more than last done..probably around 300k cash right..wow. -
lee_yl\" post_id=\"2043643\" time=\"1635124704\" user_id=\"17023:
The HDB resale market is really on fire. Two of my relatives sold their HDB flats this year (TPY and Punggol) at record high price for the respective area. I was surprised the HDB valuation can match the record high price!
My family is expanding and we have been looking at newish resale flats (5 room or bigger) in AMK and punggol / sengkang.tinker_bell\" post_id=\"2043632\" time=\"1635121547\" user_id=\"194652:
[quote=lee_yl post_id=2043413 time=1634956873 user_id=17023]https://www.channelnewsasia.com/singapore/hdb-resale-transactions-prices-all-time-high-2260946?cid=FBcna&fbclid=IwAR1DUVZ-GuS9vCIT5Necc1ykSQLJDCAlSbAR_HwG3KgZkO256bNvEzKie2c
Property market on FIRE!!
https://www.propertyguru.com.sg/listing/hdb-for-sale-260a-ang-mo-kio-street-21-23726178 are selling at a million!
and https://www.propertyguru.com.sg/listing/hdb-for-sale-326d-anchorvale-road-23718222 are not far behind!
Can't believe my eyes when I saw such listings!
For the AMK flat, this unit just fulfilled the MOP, usually price is highest the moment the flat hits 5 years. As for the Sengkang one, I think the seller is just trying his luck. $300k more than the last done deal is ridiculous. It will still sell, maybe $6xxk-$7xxk.[/quote]Thank you for sharing! I also agree that the sengkang listing is ridiculous too!
Even those high floor 5 room resale flats next to buangkok mrt and sengkang mrt are asking for only $850k.
I find punggol has many amenities, but the flats there out of our budget. We are now looking at older EA at sengkang or even hougang that are still walking distance to the mrt. Even then, we noticed that prices have jumped by at least 10% since 2020! -
Who would have thought that punggol, which used to be known for pig farms, would now have the honor of having million dollar hdb flats!
https://www.todayonline.com/singapore/record-23-flats-non-mature-hdb-estates-sold-over-s800000-first-quarter-2021
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