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    Property Views

    Scheduled Pinned Locked Moved Money Matters
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    • lee_ylL Offline
      lee_yl
      last edited by

      Coolkidsrock2\" post_id=\"2115964\" time=\"1691619304\" user_id=\"48901:

      Singaporeans unveil home-buying preferences

      https://www.msn.com/en-sg/news/other/singaporeans-unveil-home-buying-preferences/ar-AA1eYFDl?ocid=hpmsn&cvid=520db700acfd4b0fb87b35354854b694&ei=31
      Quote from article :: The preference for a new condo or EC is likely because 84% of Singaporeans believe that its value will “generally appreciate at a faster pace compared to that of older resale properties over time.”

      According to the survey, buyers don’t mind paying up till $2500 PSF and they believe that new condos or EC will appreciate faster than resale units. How much profits are the new units buyers looking at? To sell at $3000 psf or $3500 psf? They may overlook the fact that there are older resale around the neighborhood only asking $1500 psf. I have also seen some condo launched at sky high prices 10yrs ago and today still trying to sell around the launch price. Got stuck.

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      • MyPillowM Offline
        MyPillow
        last edited by

        lee_yl\" post_id=\"2115973\" time=\"1691633272\" user_id=\"17023:

        Quote from article :: The preference for a new condo or EC is likely because 84% of Singaporeans believe that its value will “generally appreciate at a faster pace compared to that of older resale properties over time.”

        According to the survey, buyers don’t mind paying up till $2500 PSF and they believe that new condos or EC will appreciate faster than resale units. How much profits are the new units buyers looking at? To sell at $3000 psf or $3500 psf? They may overlook the fact that there are older resale around the neighborhood only asking $1500 psf. I have also seen some condo launched at sky high prices 10yrs ago and today still trying to sell around the launch price. Got stuck.
        to buy at $2500 is rather high already ,selling near $3k psf is too much . lets say we talking abt a typical 3br 1000sqf .. 3mil just for a private flat only . there are rich sg, but still alot of normal Sg who make up majority ..

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        • L Offline
          LydiaBryanTuition
          last edited by

          any good properties to invest lately?

          1 Reply Last reply Reply Quote 0
          • C Offline
            chpark.042128189
            last edited by

            LydiaBryanTuition\" post_id=\"2121872\" time=\"1698901044\" user_id=\"203208:

            any good properties to invest lately?
            https://www.investasian.com/country-guides/invest-singapore-property/

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            • lee_ylL Offline
              lee_yl
              last edited by

              How this young Singaporean investor bought 2 million-dollar condos by the age of 24


              https://sg.finance.yahoo.com/news/how-this-young-singaporean-investor-bought-2-million-dollar-condos-by-the-age-of-24-090913666.html

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              • starlight1968sgS Offline
                starlight1968sg
                last edited by

                Are there units, preferably FH, with 1 br or 1br + study and w/o a balcony?

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                • lee_ylL Offline
                  lee_yl
                  last edited by

                  https://www.straitstimes.com/business/cuscaden-reserve-gets-absd-deadline-extension-relaunch-prices-start-at-2900-psf


                  I thought property market might drop by 20% if the poor economic times persist for the next few years. Did not expect 20% price slash come so soon.

                  This shows the property cooling measures are working.

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                  • MrsKiasuM Offline
                    MrsKiasu
                    last edited by

                    My friend been looking for landed since last yr and committed recently. She says ‘suddenly’ like $500k cheaper?

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                    • doodbugD Offline
                      doodbug
                      last edited by

                      I probably committed at a wrong timing (2023).


                      But we just have to make a decision that meets the family’s needs at that point in time. Not possible to always catch the market or maximize returns…

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                      • MrsKiasuM Offline
                        MrsKiasu
                        last edited by

                        Calling price and transacted price are not same…maybe some trying to call for higher price then drop it to a more realistic price, we don’t know also.

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