Property Views
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doodbug\" post_id=\"2107266\" time=\"1683028267\" user_id=\"13281:
I hv not seen psf heading south during the past few years.
Haha like that many people will FOMO leh if they don buy lol! -
Asian Financial Crisis (AFC), 1997
The AFC had a big impact on Singapore’s property market. Following the collapse of the Thai Baht in July 1997, housing prices in Singapore fell by 4.4% in the same quarter, 8% in six months and a total of 40% over 18 months. And that was after the market had already eased thanks to the cooling measures introduced by the government in early 1996, before the AFC.
In comparison, Singapore’s stock market fell by about 60% and bottomed about 12 months after the start of the crisis. The property market did not fall as quickly or as much as the stock market and hit its bottom about six months after the stock market had started to finally recover.
Global Financial Crisis (GFC), 2008
The GFC had its roots in the US housing market, and while growing concerns over mortgage backed securities affected the US stock markets from 2007, it wasn’t until the collapse of Lehman Brothers in September 2008 that the panic spread to the financial markets, and Singapore’s housing market was impacted.
Source: https://www.propertyguru.com.sg/property-guides/asian-global-financial-crisis-stock-market-private-property-prices-33136 -
starlight1968sg\" post_id=\"2107128\" time=\"1682917781\" user_id=\"14025:
That’s true! Lol.
Ah Gong cant kill too much, else how to collect BSD, ABSD etc?
But ah gong really needs to decide whether the objective is to collect more money or to cool the market. When there are too many conflicting KPIs to consider, the cooling measures probably can’t work. -
Visited some showflats in The Reserve; everything including prices are very beautiful …
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Next time when free maybe can drop by look see showflats, enjoy aircon and ID, talk to people… always go ntuc can be boring.
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Next time when free maybe can drop by look see showflats, enjoy aircon and ID, talk to people… always go ntuc can be boring.
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Next time when free maybe can drop by look see showflats, enjoy aircon and ID, talk to people… always go ntuc can be boring.
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starlight1968sg\" post_id=\"2108514\" time=\"1683979001\" user_id=\"14025:
Bouna Vista’s new project launched at an average of $2450 PSF, just 2 days after announcement of the new cooling measures. The Reserve to launch around $2300 PSF? Then in today’s context it could be considered “cheap”.
Visited some showflats in The Reserve; everything including prices are very beautiful ... -
Yes, easily 2.3k psf.
There are 5 br penthouse or duplex, some 3 br or 4br with private lift access or entrance.
We can imagine how BIG the prices are.
We went there just to look see to enjoy the air con and to immerse in the crowd of rich folks after our dinner -
starlight1968sg\" post_id=\"2108566\" time=\"1684033113\" user_id=\"14025:
I prefer projects with a good mix of large and small units over projects with mostly Mickey Mouse units. All the bigger units should be for own stay.
Yes, easily 2.3k psf.
There are 5 br penthouse or duplex, some 3 br or 4br with private lift access or entrance.
We can imagine how BIG the prices are.
We went there just to look see to enjoy the air con and to immerse in the crowd of rich folks after our dinner
Such mixed developments with integrated mall and transport hub are very popular nowadays!!!
But expect it to be noisy.
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