Are property prices too high now ?

[Relako]

Hi Forummers,

Do you think that property prices are too high now ?
About to collapse soon ?

Please share your views. Thanks.

 

[Rogue Trader]

High or low is relative. If you earn million dollar minister salary, it is not high at all.

 

[Equalisation]

aiyoh .... where got time to think about property ?? ... 2 spartan meals a day already "gau um dim" ....:(

 

[Watchman]

It has potential to go higher .

Collapse unlikely . Withdrawn purchase sometimes .

 

[captainxerox]

$900,000 hdb in bishan? peanuts man.

 

[UseYourBrain]

Hi Forummers,

About to collapse soon ?

Please share your views. Thanks.

You mean this?

 

[silverspoon]

every thing is expensive now.

Nothing will go down until another major crisis occurs.

but if another major crisis occurs..you will be worried about your job or business then to buy properties

 

[Charlie258]

Yes, it is too high. But, it will not crash down anytime soon. It will probably keep going up, but a little more slowly than last year. Too much hot money in the markets these days.

 

[Brightkid]

I asked the same questions 5 years ago and everyone old me was very high then.

5 years later today, I am still asking the same question.

I giuess 5 year in the future I will still be asking the same question when HDB is easily $1m in fringe of the island.

 

[krafty]

Sometimes,i wonder if the next generation can afford the flats or not? Most likely, they will dig into their parents savings.

I asked the same questions 5 years ago and everyone old me was very high then.

5 years later today, I am still asking the same question.

I giuess 5 year in the future I will still be asking the same question when HDB is easily $1m in fringe of the island.

 

[Watchman]

Next 5 years HDB will be 1.5 million at he Suburbs .

 

[LonewolfAlfa]

I asked the same questions 5 years ago and everyone old me was very high then.

5 years later today, I am still asking the same question.

I giuess 5 year in the future I will still be asking the same question when HDB is easily $1m in fringe of the island.

everyday for the past couple of years, the naysayers (33.3%) here have been saying market will crash the next day.

but its been the opposite.

 

[Watchman]

everyday for the past couple of years, the naysayers (33.3%) here have been saying market will crash the next day.

but its been the opposite.

Given current trend the 1.5 million need to be revised to a shorter period say 2 + more years . Because year on year it stacks exponentially .

 

[Ramseth]

Minister : Geeze! HDB prices are still too low. When I was kid, we squeezed 10 pax in a flat. Now I can afford to buy outright 10 flats per year pay in cash, no need mortgage.

 

[Brightkid]

Minister : Geeze! HDB prices are still too low. When I was kid, we squeezed 10 pax in a flat. Now I can afford to buy outright 10 flats per year pay in cash, no need mortgage.

MBT to his mom : Look Ma (no pun imntended), salary (at least for MBT) increased by 30% recently and more increment soon. Exponentially compared to prices of HDB. Peasants who ?

 

[soikee]

Next 5 years HDB will be 1.5 million at he Suburbs .

still cheap lah....hk 350 sq ft flat oredi S$1.3m.

 

[garlic]

it's affordable lah... unlesss the news papers are lying

 

[Relako]

still cheap lah....hk 350 sq ft flat oredi S$1.3m.

Hong Kong has the whole of China behind her. This is good enuf reason for the high prices in HK.

What does Singapore have ?

 

[LonewolfAlfa]

Hong Kong has the whole of China behind her. This is good enuf reason for the high prices in HK.

What does Singapore have ?

we have china behind us too. china is big enough.

http://www.singsupplies.com/showthread.php?t=56514

property prices here will only go up. the only factor is how fast or slow.

 

[saratogas]

My cousin says property prices will continue to rise as long as interest rate remain low.