Serious Private property prices keep dropping due to weak economy, job losses, huat ah!

[EnBloc]

Published: 9:22 AM, October 28, 2016
Updated: 9:53 AM, October 28, 2016

SINGAPORE — The prices of private residential properties fell 1.5 per cent in the third quarter (Q3) of this year, a steeper decline than that of last quarter's 0.4 percent, said the Urban Redevelopment Authority in its release of its real estate statistics on Friday (Oct 28).

This is also the 12th consecutive decline in private property prices since Q3 of 2013. The rental market also continues to be weak, with rental of private residential properties falling 1.2 per cent in Q3, compared to the 0.6 per cent decline in the previous quarter.

Meanwhile, prices of landed properties slid 2.7 per cent in Q3, compared to a 1.5 per cent decline in the previous quarter. Non-landed property prices decreased by 1.2 per cent, compared to the 0.1 per cent decline in the previous quarter.

http://www.todayonline.com/business/private-property-price-index-down-q3-ura

 

[The_Hypocrite]

Published: 9:22 AM, October 28, 2016
Updated: 9:53 AM, October 28, 2016

SINGAPORE — The prices of private residential properties fell 1.5 per cent in the third quarter (Q3) of this year, a steeper decline than that of last quarter's 0.4 percent, said the Urban Redevelopment Authority in its release of its real estate statistics on Friday (Oct 28).

This is also the 12th consecutive decline in private property prices since Q3 of 2013. The rental market also continues to be weak, with rental of private residential properties falling 1.2 per cent in Q3, compared to the 0.6 per cent decline in the previous quarter.

Meanwhile, prices of landed properties slid 2.7 per cent in Q3, compared to a 1.5 per cent decline in the previous quarter. Non-landed property prices decreased by 1.2 per cent, compared to the 0.1 per cent decline in the previous quarter.

http://www.todayonline.com/business/private-property-price-index-down-q3-ura

So buy HDB is better..as it no drop..go up some more

 

[Bonut]

So buy HDB is better..as it no drop..go up some more

If you live in a HDB flat that is near MRT station and a SSC built Sports Recreation Complex, then there is no reason to move to a private condo. The SRCs around the island are built to a pretty high standard, if only we could stop the Ah Nehs from dipping into the pool and showing their armpits in the gym. Then again, my point is you don't have to pay for something that you hardly use - swimming pool and gym. In any case, no condo can give you Olympic size pool. And if you don't have a car and you don't need a parking lot, then you should not be paying for somebody else's parking in a condo.

 

[myfoot123]

If you live in a HDB flat that is near MRT station and a SSC built Sports Recreation Complex, then there is no reason to move to a private condo. The SRCs around the island are built to a pretty high standard, if only we could stop the Ah Nehs from dipping into the pool and showing their armpits in the gym. Then again, my point is you don't have to pay for something that you hardly use - swimming pool and gym. In any case, no condo can give you Olympic size pool. And if you don't have a car and you don't need a parking lot, then you should not be paying for somebody else's parking in a condo.

Staying in HDB is better than condo. You pay what you use. In condo, you pay even if you don't use the facilities.

 

[johnny333]

If you live in a HDB flat that is near MRT station and a SSC built Sports Recreation Complex, then there is no reason to move to a private condo. The SRCs around the island are built to a pretty high standard, if only we could stop the Ah Nehs from dipping into the pool and showing their armpits in the gym. Then again, my point is you don't have to pay for something that you hardly use - swimming pool and gym. In any case, no condo can give you Olympic size pool. And if you don't have a car and you don't need a parking lot, then you should not be paying for somebody else's parking in a condo.

Living in a condo is not only about parking space or a pool. It has a better environment & a higher quality of construction. You have branded elevator installed & they are regularly maintained. With the new HDBs units there are complaints that they are poorly constructed. Even the new elevators are dangerous.

Condos are better runned because the residents are more involved with what goes on in their property.

 

[gingerlyn]

Staying in HDB is better than condo. You pay what you use. In condo, you pay even if you don't use the facilities.

You are right. You pay for the swimming pool that is used by foreigners and also maids!!!!
yaks, can you imagine swiming in the pool that is contaminated by Pinoy pussy juice?