Property Views
-
MrsKiasu\" post_id=\"2059172\" time=\"1645252967\" user_id=\"43981:
Ya, buying property must consider affordability in times when interest increase back to norm . Now is really low time for last few yrs.
When interest rate goes up..more impact. -
MyPillow\" post_id=\"2059182\" time=\"1645260952\" user_id=\"70594:
I read somewhere that int rate will increase.. But most of the years we been enjoying low rate so that already is \"savings\".
Ya, buying property must consider affordability in times when interest increase back to norm . Now is really low time for last few yrs. -
Is inflation going up? If yes, then properties are still the best hedge against inflation! Inflation up in 2021, rental also went up the whole of last year (and still climbing).
After my last tenant moved out, I rented out my investment unit at 11% higher to the next tenant!! Now that I am to give back $192 more in property tax only from next year onwards, still worth it. Not to mention about capital appreciation (bought in 2017).
Regarding bank interest rate, as long as the interest rate is below HDB’s 2.6% p.a. no reason to find it expensive. Petrol up, GST up, your bowl of rice/noodle is expected to go up too. If one buys a property today and looks back 3 years later, he will still find it cheaper.
Unless one prefers to put money in FD or have other investment plans, if not, I think property is still Singaporeans’ first love. -
Are there properties that are losing money ie bought at high price x years ago but worth less now?
-
starlight1968sg\" post_id=\"2059208\" time=\"1645264729\" user_id=\"14025:
yes, definitely.
Are there properties that are losing money ie bought at high price x years ago but worth less now? -
starlight1968sg\" post_id=\"2059208\" time=\"1645264729\" user_id=\"14025:
Depends on time of purchase, purchase price and one’s holding power?
Are there properties that are losing money ie bought at high price x years ago but worth less now?
Like my investment unit, when we bought over from the seller, the seller lost money (2013-2017) But from the time we bought from 2017 till 2022, we enjoyed some capital appreciation not to mention the rental income. Same unit different outcomes.
Had the seller hold it till today and collect another 4yrs rental, she would have made money too. -
lee_yl\" post_id=\"2059232\" time=\"1645271303\" user_id=\"17023:
Same unit but different outcomes, definitely not for me to experience.
Depends on time of purchase, purchase price and one’s holding power?
Like my investment unit, when we bought over from the seller, the seller lost money (2013-2017) But from the time we bought from 2017 till 2022, we enjoyed some capital appreciation not to mention the rental income. Same unit different outcomes.
Had the seller hold it till today and collect another 4yrs rental, she would have made money too. -
But as most Singaporeans are staying in HDB, so most people are not affected by this round increase of property tax.
-
lee_yl\" post_id=\"2059232\" time=\"1645271303\" user_id=\"17023:
Yes , all abt holding power N if pocket deep to hold the number of properties on hand . Mine are humble unit, not much impact fr the tax hikes, rental already can cover reasonably on mortgage, not bad le, am grateful
Depends on time of purchase, purchase price and one’s holding power?
Like my investment unit, when we bought over from the seller, the seller lost money (2013-2017) But from the time we bought from 2017 till 2022, we enjoyed some capital appreciation not to mention the rental income. Same unit different outcomes.
Had the seller hold it till today and collect another 4yrs rental, she would have made money too.
-
For rental purposes, would you prefer HDB, landed or condo? & Why? Would the new budget change anything?
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login