Property Market is red-hot

[Chase]

So our government's cooling measures are useless and a complete failure

Coolie measure mean market is still red hot loh

There could be more cooling measures within 10 weeks.

 

[Chase]

Singapore HDB market heats up: Million-dollar flats reach new highs​

https://www.99.co/singapore/insider/queenstown-ang-mo-kio-hdb-resale

Multiple transactions above $1.5 million

 

[Chase]

Queenstown HDB hit 1.658 million
https://stackedhomes.com/5-room-queenstown-hdb-record-loft-dawson-road

 

[k1976]

Wow

 

[k1976]

There could be more cooling measures within 10 weeks.

No lah…now need to sustain this money printer until Basel 3 Endgame in July 2026- Jan 2027 mah

 

[k1976]

There could be more cooling measures within 10 weeks.

Can eat douch waste

 

[k1976]

Breaking |​

US and Chinese presidents speak directly for the first time since the fresh outbreak of their tariff war​

Reading Time:1 minute

https://www.scmp.com/policies-and-standards#participation

SCMP Reporter
Published: 8:55pm, 5 Jun 2025Updated: 9:03pm, 5 Jun 2025

Chinese President Xi Jinping spoke by phone with his US counterpart, Donald Trump, on Thursday, Chinese state media reported.

 

[Chase]

3RM Flats hit $935,000 and $730,000 in Queenstown and Bedok respectively
https://www.tnp.sg/news/queenstown-three-room-flat-sold-935000-bedok-flat-730000

 

[birdie69]

Our cooling measures not cool at all to cool down the property and HDB resale price

They might have add fuel to the market instead of water, end up they fire and heat up the property market instead.
If they are decisive and determined enough, increase the stamp duty especially the foreign buyers and those buy 2nd and 3rd ...property buyers, increase the private property tax and allow only 50% or lower bank loan, 0% bank loan if 2nd or 3rd property, no bank loan for foreigners, the property market not only be cooled, it will he frozened

 

[Chase]

$2.13m profit (160%) gain in 25 years
https://www.edgeprop.sg/property-news/resale-three-bedder-ue-square-records-213-mil-profit

lose to my minister who made 800% in almost 20 years

 

[syed putra]

PAP making sure every sinkie home owner gets to enjoy becoming millionaires.

 

[True Believer]

The red hot property market is a problem of the PAP's own making since our ministers own multiple private homes. The price of COE premiums is also controlled by the govt. So don't believe them when the claim to be doing their best to control inflation.

 

[True Believer]

 

[True Believer]

 

[True Believer]

 

[True Believer]

It's the government's policy; we have reached a stage that such surge in housing prices is a form of hidden tax and declining purchasing power.

This is the consequence of facing the Swiss Cost of Living while still earning Third World wages.