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Singapore still got alot of siao lang paying 1 million for HDB.
- Thread starter hbk75
- Start date
They seems very confident of the market. Recently got people purchased a duxton unit for 1 million. Really is never see coffin never drop tears.
ie why they voted FAP for 6.9 million.
If cannot pay in the end pap will give them discounts?
so power? why condo downgrade to pigeon hole?
Rising condo fees and deteriorating maintenance, compare 99yr lease condo vs HDB, I would take HDB anyday.
They seems very confident of the market. Recently got people purchased a duxton unit for 1 million. Really is never see coffin never drop tears.
If that buyer paid so much money for a re-sale flat, he is 1000% an imported foreign SPR. An imported shit or a local can always buy new but not foreign SPR.
A lot of foreign SPR are super rich, cash rich like those tiongs from China. Money is like toilet paper, can be used endlessly. Clean money or black money, pappies don't know until tiongs get caught.
correct but why would some dumb farks go pay 1 million for a hdb unit? i remember when it was launched in 2003-04. everyone was complaining that 280-400k was very expensive. now sinkies salaries rises by so much over the last 10 years?
china economy slowing down fast liao. later ah tiong dump all the properties here like what honkies did in 1998-99.
50% drop in Singapore property prices when the bubble deflate according to Andy Xie two years ago, so far prices have dropped 7-8% and steadily falling. But Andy is incorrect about Singapore property being only about interest rates, there's also a large oversupply to pull prices down. Vacancy rates are steadily rising to a record high while rental is sinking.
this jesse colombo also said that any us rates hike will crush asia inclusive of sinkapore.
They seems very confident of the market. Recently got people purchased a duxton unit for 1 million. Really is never see coffin never drop tears.
They still think there is long term value in property, no matter how expensive. Maybe they are convinced that PAP will get 6.9 million or even 10 million in and push prices up even further over next 10,20 years.
with 6.9 million, prices will go up. cannot pay just sell and keep the profit.
They seems very confident of the market. Recently got people purchased a duxton unit for 1 million. Really is never see coffin never drop tears.
I expect Duxton apartments to be fetching $1.5M in a few years time. It's thanks to PAP that Singapore's property is worth so much. If we were ruled by the sultans or the m&ds, we would be selling land at a huge discount in order to beg for foreigners to come live and work in Johor.
you have to think of the aging population. 30 years later alot of new citizens may not even be in singapore. india, china and phino allows their ex citizens to settle back in their hometown. sinkapore alot of old people and they also cannot afford to purchase your hdb at 1 million dollars.
1.5 million? when us finally hike rates it will go back to 400k. hahaha
one mil still cheap, some nutjobs paid billions for one freaking app.
http://www.ft.com/intl/cms/s/0/680ccbd2-81d4-11e5-8095-ed1a37d1e096.html#axzz3qLFgSNZs
http://www.ft.com/intl/cms/s/0/680ccbd2-81d4-11e5-8095-ed1a37d1e096.html#axzz3qLFgSNZs
70% have given them the mandate to expand the population if necessary to shore up asset prices. They also have a lot of tricks under their sleeves to inflate land prices and pass the cost on to home buyers.
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