Property Views

[lee_yl]

MrsKiasu\" post_id=\"2032477\" time=\"1627800694\" user_id=\"43981:

I am abit surprised also see people so upbeat with the property. So many loaded people around. Is it something like about double compared to about 2 years ago? I heard from one the asking price for landed price was 3m from abt 2 yrs ago to 5m now ..at quite end of Spore :yikes:

On rental part, at least the HDB is quite good. But I see people moving out also from private.

https://www.kiasuparents.com/kiasu/forum/viewtopic.php?f=47&t=9249&hilit=lee_yl+landed&start=1350

Suddenly I recall few years back, I shared that I attended a ppty seminar and the speaker said if got money, buy FH landed!

I even attached a chart (landed vs condo) to show that landed’s price appreciation outpaced condo in recent years! But alas, our money went into small condo instead. The capital appreciation did not grow as much as landed. :sad:

[MrsKiasu]

lee_yl\" post_id=\"2032725\" time=\"1627908477\" user_id=\"17023:

MrsKiasu\" post_id=\"2032477\" time=\"1627800694\" user_id=\"43981:

I am abit surprised also see people so upbeat with the property. So many loaded people around. Is it something like about double compared to about 2 years ago? I heard from one the asking price for landed price was 3m from abt 2 yrs ago to 5m now ..at quite end of Spore :yikes:

On rental part, at least the HDB is quite good. But I see people moving out also from private.

https://www.kiasuparents.com/kiasu/forum/viewtopic.php?f=47&t=9249&hilit=lee_yl+landed&start=1350

Suddenly I recall few years back, I shared that I attended a ppty seminar and the speaker said if got money, buy FH landed!

I even attached a chart (landed vs condo) to show that landed’s price appreciation outpaced condo in recent years! But alas, our money went into small condo instead. The capital appreciation did not grow as much as landed. :sad:

Leeyl, you are considered very good le..your previous ones hit already..I m so sad lor only see other people make money.

[zac's mum]

lee_yl\" post_id=\"2032725\" time=\"1627908477\" user_id=\"17023:

MrsKiasu\" post_id=\"2032477\" time=\"1627800694\" user_id=\"43981:

I am abit surprised also see people so upbeat with the property. So many loaded people around. Is it something like about double compared to about 2 years ago? I heard from one the asking price for landed price was 3m from abt 2 yrs ago to 5m now ..at quite end of Spore :yikes:

On rental part, at least the HDB is quite good. But I see people moving out also from private.

https://www.kiasuparents.com/kiasu/forum/viewtopic.php?f=47&t=9249&hilit=lee_yl+landed&start=1350

Suddenly I recall few years back, I shared that I attended a ppty seminar and the speaker said if got money, buy FH landed!

I even attached a chart (landed vs condo) to show that landed’s price appreciation outpaced condo in recent years! But alas, our money went into small condo instead. The capital appreciation did not grow as much as landed. :sad:

Now the FH landed is also getting out of reach. Many condo upgraders have been looking into FH inter-terraces for multigenerational living…all rapidly soaring up & up due to high demand.

[doodbug]

Yes…FH landed pricing has skyrocketed.

So have rebuilding and A&A costs.
1 thing though, FH landed generally does not have good rental yield. Cannot solely depend on rental for mortgage instalments. It’s more a buy to live asset.

[Nebbermind]

Landed good for investment but not for retirement.

Many of my friends no longer want to take care of big space and don’t look forward to climbing stairs coz the body deteriorate noticeably after 50. One who lives on the ground level apt unit also had to deal with termites and other intrusions.
Most think that going back to hdb is the best, especially when there’s no income - low monthly maintenance fee and also more govt subsidies and bigger ang pow.

[doodbug]

i tend to agree that view. that’s why, in spite of the crazy huge loan (we are in our 40s and still have a huge l oan), we ended up with a small FH landed. not so much as a forever and ever home, but more like, we will sell when we stop work, and whatever the equity we have in the house then, use it to buy a suitable retirement unit, and the rest of the cash for retirement. in the meanwhile, the family enjoys the space.


actually, many of the rebuilt houses now have installed, or have provisions to install a lift as some people are future-proofing their homes.

btw, landed property has little to no enbloc potential too.

location-wise, very few pp are likely to be able to afford prime district landed.

as for maintenance, condo units of 2000 sq ft or larger tend to have very high maintenance fees - so far i a ctually have not incurred huge maintenance bills yet. though i am aware that bills do come in one lump sum - like roof replacement, or repainting etc.

[MrsKiasu]

True when old you don’t need much space. Larger space is good when kids are growing I think. For old age, I actually would like to go back places that have our memories.

[Zeal mummy]

Hopefully when we are old, the places that holds our memories are still around!

[MrsKiasu]

That’s why we plan to keep our old place even tho they say after certain years the value will just go down. Just use whatever rental income can get now to compensate ba and when we are gone sell for whatever residual value left.


Oh yes those places we used to frequent/see will slowly be no more… even our children kindy also no more le.

[Coolkidsrock2]

https://www.propertyguru.com.sg/property-management-news/2021/8/200242/sales-in-prime-non-landed-landed-homes-market-up-in-h1-2021


Personally, I feel that the shift towards multi-generational living, whether in the form of landed or non-landed, is inevitable as seniors around late 70s or post 80s become a lot less mobile and less cognitive. Given the pace and demands of work and own family, not easy to be managing an additional 1-2 more household(s) (parents and/or parents-in-laws) - marketing, medical, physio, insurance, banking, investment ...