Discussion : Singapore Property

[watch_that_man]

so they can stop the sandwich/ middle class from buying/speculating/investing cause cant take as much loan so more cash upfront (and who has so much cash????)

So in the future, the sandwich / middle class become the new poor
the rich still become richer

Then prices still will go up !

no money no honey is so yesterday

Now

no money no Homey

[breitling77]

IMO, buyers who want to buy will still buy, developers which want to sell will still sell. It's very simple, those who needs to buy will try to find their means, same applies to developers who must sell. Either lower the price or in the forms of rebates. The real problems will not be solved. In any case, it's been announced the measures are TEMPORARY, let's wait and see how TEMPORARY becomes PERMANENT!

[Dfive]

whats property anyways... I cant ever afford it here.......

[ac_wong75]

One thing is certain we Singaporeans are really obsessed with property..
We talk about it, dream about it and hopefully want to own it one day.,,

[triton]

buy within budget? so tough.

if you look @ 3 bedroom HDB flat resale price and the maximum combined income of a couple and the maximum loan possible.

im not sure if a young couple can finish paying off the loan by the time they retire @ age 65.

these include factoring in living costs exclude getting car and kids expenses.

My thoughts on real estate is simple. Just like watches, buy within budget, buy what speaks to you the most. No necessity to follow the crowd .

[theOrion]

My thoughts on real estate is simple. Just like watches, buy within budget, buy what speaks to you the most. No necessity to follow the crowd .

[ljuay]

SG Property 2013

Last night, the government just announced new cooling measures for the property market. Personally I think that the D9, 10 and 11 will have some softening but unlikely to impact much on sub urban areas. Real impact will come when interest rates increases...

Any thoughts?

[WatchAdmirer]

Personally feels that commercial properties not much capital appreciation, and the yield of 4.75% per annum can be gotten from the stock mkt, though there's always a chance of capital depreciation.... just like physical properties...

generally REITs stocks' dividen is quite attractive

[sportee]

scouting for commercial properties for investment now.

considering a 4.75% yield shophse now. left 70++ years

Personally feels that commercial properties not much capital appreciation, and the yield of 4.75% per annum can be gotten from the stock mkt, though there's always a chance of capital depreciation.... just like physical properties...

[buaysaikum]

scouting for commercial properties for investment now.

considering a 4.75% yield shophse now. left 70++ years

[sportee]

I would prefer the CCR or RCR...

[seiko.citizen]

for me, location is a must. the closer to amenities the better. another concern for me is, getting a place close to my place of work.

[Wenda]

am into small, cheap and possibly freehold. Location is last on my priorities. Infact, the more ulu the better.

[triton]

just curious, which type of property you all eyeing now

[sportee]

Bought one in 1997 as well, before the crisis. Though it came down after that, I held on and sold it last year, at a profit. And rented it out for 6 years too. So it's not all bad though I bought it at a high. Thinking of buying one again... Hahah

Long term, property prices will go up just like Rolex prices but there are always cycles - boom and bust. A lot of the current demand is driven by chinese money, low interest rates and speculative demand. Government is trying hard to curb the speculative piece but economy is still doing very well and of course, China, India and Indo are still doing very well. So i think property will come down slightly due to the government measures but unless there is a sharp increase in interest rates or a major economic recession, prices may not come down.

Personally, I think property prices are on the high side now and it's just a matter of having the liquidity to buy when market gets hit. Prices now are almost at the same height as 1996, which I bought a property then as well, and got burned when the market crashed.