THREE main reasons for property price surge

[ronaldinho]

THREE main reasons for property price surge:

Easy bank loans, extending to 35 years tenure

Population of 5 million, with 40% of purchases from PRs

Govt BTO cater only to those who can wait three years, those requiring immediate ownership have to buy from limited units in open market




www.zaobao.com

屋价将上涨３大原因：

■银行给予的私宅贷款期可长达35年，相比之下，70年代是20到25年，80年代也顶多30年。

■我国人口已达500万人，永久居民也增加不少，建屋局公布的数据显示，40％转售组屋的买主是永久居民，这股购买力不容忽视。

■政府虽然将加速和增建新组屋，但新组屋只能应付那些能等上约3年的买家。急需住屋者仍会考虑转售组屋，组屋价格短期里还会上升。

 

[annexa]

40%! Too many! No wonder!

 

[44mm]

Whats goes up, must come down.

Just like cars. 10 years loan with 0% downpayment. What happen now? People are struck with high loan which they cant sell unless they have to top up with cash even they have own the cars for 5 years!!!!

 

[ronaldinho]

SINGAPORE est dissimilis ut labor lapsus tergum in recession , secundum a senex persona ex Ministry of Professio quod Industria Keith Tan , presul of MTI's parcus quod ars divortium said in Tuesday ut an specto validus Asian recuperatio iugo per is annus mugio substructio ex quod permetior tunc annus incrementum , vilis ut chance of a geminus dip vel W - vultus recession eram 'quite low'.

 

[Equalisation]

SINGAPORE est dissimilis ut labor lapsus tergum in recession , secundum a senex persona ex Ministry of Professio quod Industria Keith Tan , presul of MTI's parcus quod ars divortium said in Tuesday ut an specto validus Asian recuperatio iugo per is annus mugio substructio ex quod permetior tunc annus incrementum , vilis ut chance of a geminus dip vel W - vultus recession eram 'quite low'.

...er ... u forgotten to take your meds ....

 

[po2wq]

... Population of 5 million, with 40% of purchases from PRs ...

popn now 5m ... target 6.5m can b reached in 10yrs time ...

after dat no mor prs 2 help push up prices ...