i dont think the pay and pay master will allow it to crash.
Alamak PAP just told us it will only go up when they voted the white paper.
HDB flats going for a million bucks you doomsayers kpkb say property market crashing?
Knn must be red eye fellows who missed the boat!
Hail pap more good years....sinkieland most expensive in the world soon!
HDB flats going for a million bucks you doomsayers kpkb say property market crashing?
This is all created by PAP. Dun believe that it is market force becuase PAP control both supply and demand for the property.
If they want to curb it, they can implement something similar to the cars and immediately. They do not want it down and are just implementing "light" curbing as they also do not want to affect their own investment portfolio. From the kind of implementation that they are doing, you know they do not want it to go down, just stablise.
The only thing they cannot control are the external factors and foreigners pull their money out from the country.
yup, as usual, right pocket give to left pocketThe past two years of cooling measures serves only to gradually shift the developers profits to govt stamp duties, as developers are absorbing the increasing stamp duties.
Cow say HDB will be 30% cheaper. What impact do you think this will have?
If you purchase to stay, a plunge in property price will have zero impact on you, unless you are retiring and plan to do reverse mortgage or sell.
The speculators are the ones who will bare the brunt of a crash. These speculators include lots of buddies of the PAP. So, a crash is greatly appreciated.
True and false.....
If price go up, at least you have option to downgrade. (harder to downgrade when price keep falling)
But risk takers have been making a killing all this year. I remember a Russian queue in front of me and bought 3 floors of The Sail in Marina Bay + a PH unit too. I am so impress........
Russian can buy 3 whole floors? Involved with the mob?
No wonder there have been allegations that SG is a hot place for money laundering.