Chitchat I feel the earth move.... property crash tumbling down coming soon...

[countryman]

Sinkies all chionging to buy condos now.
But if retrenchment set in then will have difficulty to downgrade.

Not only that.. They're snapping up brand new launches @Sky high prices! Imagine in Sengkang a LH unit @1600-1700psf! Unthinkable...

 

[tanwahtiu]

When fools rush in....

may i ask your prediction of the property market crashing is based on what analysis or signs?

 

[rocket]

Not only that.. They're snapping up brand new launches @Sky high prices! Imagine in Sengkang a LH unit @1600psf! Unthinkable...

That EC . Ola?
Many banging in private condos in respective neighbourhood central main mrt surrounding.

One ideal is upcoming bidadari location .
Park colonial, woodleige residence.
Starting above 1800 to over 2000 per sqft.


Hdb in bidadari location expected to cross $1m in 5-8years time.
Private condos expected to rocket even more.
Demand is always there , depending on location.

 

[rocket]

Not only that.. They're snapping up brand new launches @Sky high prices! Imagine in Sengkang a LH unit @1600-1700psf! Unthinkable...

Condos in sk n punggol has a cap on it.
The potential to make a killing is lesser.

 

[hbk75]

The trend now is hdb prices rising and condos especially private codos in ulu area dropped.
Due to more ppl buying resale hdb than resale condos. Cheaper and less worries due to current situation.
Actually now is good time to buy condos and cars in Singapore.

Is just the stimulus deferring the issues lah. After that the effects slowly comes in then ppl will be frighten.

 

[rocket]

Another is EC piermont grand in punggol. From $1100 onwards
Poor location not near to punggol Mrt.
In a corner of a corner.

Ideal for those middle income and want to be condos owners.

 

[rocket]

Is just the stimulus deferring the issues lah. After that the effects slowly comes in then ppl will be frighten.

Ppl feeling the heat already.
Potential condo buyer , bought a 5room instead. Location is still the key.
It the uncertainty in the future.
To many a house is a home for long term staying n not investment.

 

[rocket]

Choosing between a condo n a hdb.
Location is always the key.

A hdb in prime bidadari is better than a ec in punggol or sengkang.
That why pinnacle duxton cross $1m
Easily.

 

[rocket]

may i ask your prediction of the property market crashing is based on what analysis or signs?

Property in Singapore won't crash any time soon.
It exactly because of covid that it will remain high and always in demand.

 

[hbk75]

Ppl feeling the heat already.
Potential condo buyer , bought a 5room instead. Location is still the key.
It the uncertainty in the future.
To many a house is a home for long term staying n not investment.

when community cases zero. many thought the worst is over, but now pap put in the cake leng virus. hong gan liao.

plus the debt deferment ending. so within months banks will start chasing ppl. see how many will default.

 

[hbk75]

Property in Singapore won't crash any time soon.
It exactly because of covid that it will remain high and always in demand.

i would say lets see when banks starts chasing money from those 39k that deferred. i dun believe all will pay up. LOL

1997, 2003, 2008 no defer straight tanked. So now no tank is because no money also no need to pay.

 

[rocket]

when community cases zero. many thought the worst is over, but now pap put in the cake leng virus. hong gan liao.

plus the debt deferment ending. so within months banks will start chasing ppl. see how many will default.

That why hdb is a safer bet for some or many in middle of the ladder.

 

[rocket]

i would say lets see when banks starts chasing money from those 39k that deferred. i dun believe all will pay up. LOL

1997, 2003, 2008 no defer straight tanked. So now no tank is because no money also no need to pay.

This when u see condos owners downward to hdb. These are those fake elites act rich atas howlian ppl.
Many are doing that now.

 

[rocket]

Property crashed will not happen any time soon.next 15years at least.
It will continue to climb upwards.

 

[hbk75]

That why hdb is a safer bet for some or many in middle of the ladder.

Hdb prices also like condo these days. Inflation running hot in USA now. If no choice they will hike rates. Then sinkies will die.

 

[hbk75]

Property crashed will not happen any time soon.next 15years at least.
It will continue to climb upwards.

Most retrenchment is gonna come after jss. If covid last until 2025 many sinkies will be sleeping on the streets.

 

[rocket]

Most retrenchment is gonna come after jss. If covid last until 2025 many sinkies will be sleeping on the streets.

Retrenchment is certainly.
But sleeping on streets not likely

 

[rocket]

Hdb prices also like condo these days. Inflation running hot in USA now. If no choice they will hike rates. Then sinkies will die.

Which hike rate u talking about?

 

[rocket]

Hdb prices also like condo these days. Inflation running hot in USA now. If no choice they will hike rates. Then sinkies will die.

Hdb prices is stable n climbing up and expected to continue.
Where condos price is still unclear.

 

[hbk75]

Hdb prices is stable n climbing up and expected to continue.
Where condos price is still unclear.

So condos dropped cheaper than hdb will u buy hdb? Lol

All drop are proportional. Same like the previous property cycles.