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- Jan 16, 2014
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as long as the central banks especially the fucking Fed keeps printing money to export their inflation fiat money will be worth less and less
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Most tell moi they will hold out to next 10yrs and Huat big big de wohgood point, i mentioned something similar to a friend who is into property. I told him that rental yield cannot cover interests in most situations.
Worse if you max-loan or includes maintenance fees and property taxes.
Then he told me that anyone who bought a private property 5-10 years ago for $1 million or $1.5million would have enjoyed monthly capital gain of $3000 to $5000 or more (respectively), by now. Don't even need to include any rental income.
So it is very scary.
Our cooling measures not cool at all to cool down the property and HDB resale priceas long as the central banks especially the fucking Fed keeps printing money to export their inflation fiat money will be worth less and less
Our garment has lost control of property market!Target 10m. Expect property prices to rise further.
It is always a syndicated tradeThat's what they said a few years ago but recent property sales was on the negative tend.
Our garment has lost control of property market!
All the cooling measures implemented fail miserably, it even causes the prices rise rapidly.
Bidadari 4-rm closed above $1million too.Queenstown sets new record: S$935K for a 3-room HDB flat
https://www.99.co/singapore/insider/queenstown-3-room-hdb-price-ath-near-1-m/
For the first time ever in Queenstown‘s history, a 3-room flat crossed the S$900K mark. A newly-MOP-ed, Premium HDB unit at Block 95 SkyParc @ Dawson has just changed hands in April 2025 for S$935,000. The price tag puts it only S$65,000 away from the million-dollar HDB club — a segment we rarely associate with 3-room flats. This particular unit is situated between the 34th to 36th floors of the 43-storey block, spanning 710 sqft.