Also fake news. Those hot selling are mass market condos which fts are not keen anyway.The people who are buying are those ultra rich Indonesians who are willing to pay straight cash out of trouble.
100 billion still floating. When it finish the see howAnd COEs never drop to 5K. ;p
It's the agent making all the waves.Also fake news. Those hot selling are mass market condos which fts are not keen anyway.
No jobs low interest also useless. Rates were 1% plus in 2003. Got ppl buying or not?Low 8nterest rates.
I suspect is agents spreading all the fake sales. Like otp issued 100 timesIt's the agent making all the waves.
All the foreign buyers, maybe CECA PMET buy up all the unitsI suspect is agents spreading all the fake sales. Like otp issued 100 times
I also dunno is really selling like hit cake. I went to some launches and not many ppl. So ghost is buying?All the new launch condos are selling like hot cakes. The buyers are so confident that they won't be retrenched or take a pay cut. Let's see maybe in the next few years the banks will resell these units after these buyers couldn't afford the home loan anymore.
I would say likely is property agents ownself buy ownself.All the foreign buyers, maybe CECA PMET buy up all the units
There are people not affected by the downturn or job lost.
There are people affected by downturn pay cut but need a roof over the head so how? Borrow from bank and buy property.
There foreigners or local investor who believe Singapore will not doom.
So buy the properties.
Singapore is too small a country and so bring in so high population.
You think property will have empty showroom??
Pap know this all this time so keep mentioning Singapore need up population up foreigners to be success.
They are right.
It depends. Now banks are tightening loans. U wanna buy maybe also cannot borrow. If the debt deferment ends. Really crash liao.
One economy for rich pappies; One economy for poor oppies.majority are pappie civil serpents, cocksuckers and cronies with cornered contracts and cockshare of covid cash.
Unlike jiu hu, singapore and hong kong have limited land and therefore chances of property escalating is huge. Hong Kong even worse as land earmarked for greenery are left untouched. They could easily developed it if they wanted to reduce cost of housing.Singapore never short of property buyer.
Be it for personal roof over the head or an investor.
Also there are lots of foriegners here and the buyers number boost.
If Singapore property to remain for Singapore citizens only and the population control cap.
Then there wont be property boom all this time.
Then PAP goverment will be crying to their bank.
Thats why Singapore property wont crash.
Dont dream.