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 28 Aug 08 4:47 pm |
| Anonymous wrote: | | Anonymous wrote: | actually...ones can easily access to the HDB latest transaction to do a comparison on the price transacted each month on their area....foucs on the same block,same floor area and level range to see if the latest month transacted price has drop,If it started to drop,that's it,the next valuation done,would be also dropping,cos it shows that the demands is lower. 
Check and see for yourself,rather than all the"Heard-Say"! |
Drop in COV is the start of a falling trend.
Btw, Spore properties market is an artificial and controlled mechanism. If it's like other open market like Australia, New Zealand, I don't think the 'valuation trick, i.e. so called the last bidding price + cov + cov.....) will survive.
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wahhh you so smart one ! you not scare kena sue ah ?  |
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28 Aug 08 6:05 pm |
| Anonymous wrote: | | Anonymous wrote: |
Those analysts are well paid speculator!! and finally, they meant private property not HDB, which is all together a different ball game. HDB is must where as private property is nice to have. |
Whether PR or Singaporean, if a resale unit costs just as much as a new private condo/apartment to finance, will you still buy resale unit?  |
Dear, are you forgetting something called "Monthly maintenance fee"? in some condos it can be in the range of $1000 per month. To you it may be peanut but for a normal person like me it is almost equals to my monthly expenses. |
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29 Aug 08 9:53 am |
| Aiyahh...told you liao if you want to search..you can search alot differents view from those analysts lah! Anyway, why keep looking at US one? Singapore is not dependent on US market liao..learnt our lesson liao 10 yrs ago...that's y u see US market screw up also not much affected us... |
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29 Aug 08 11:49 am |
| Anonymous wrote: |
Dear, are you forgetting something called "Monthly maintenance fee"? in some condos it can be in the range of $1000 per month. To you it may be peanut but for a normal person like me it is almost equals to my monthly expenses. |
Wah, which condo is that??? Caribbean @ Keppel Bay which is one of the most ex condos around only asks for 400+ mainteance fee.
HDB also got expenses: Carpark ($80), Conservative Fee ($30-40), etc so total almost $120 already. A typical private apartment with just a basic lap pool, will only ask for $260-$300 MMF. |
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29 Aug 08 11:57 am |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: |
Those analysts are well paid speculator!! and finally, they meant private property not HDB, which is all together a different ball game. HDB is must where as private property is nice to have. |
Whether PR or Singaporean, if a resale unit costs just as much as a new private condo/apartment to finance, will you still buy resale unit? |
Dear, are you forgetting something called "Monthly maintenance fee"? in some condos it can be in the range of $1000 per month. To you it may be peanut but for a normal person like me it is almost equals to my monthly expenses. |
the 1000 is very very rare ,but the common is 200 to 300 ,
and in hdb it is easily around 150 to 170
not much different , so still worth it as we enjoy better facilities and pricvacy then hdb , if the hdb resale unit and condo is diff by 20% on actuall buying price |
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29 Aug 08 1:43 pm |
| where got so expensive "Monthly maintenance fee" talk c sing song |
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30 Aug 08 9:05 pm |
| Everyone here is waiting to buy....look at the paper seems like no much flat for sales...... |
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30 Aug 08 9:16 pm |
| I will buy when only the 4rm flat in bukit batok about 250K now the price there is more than 300K....I'll have the time to wait |
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30 Aug 08 10:59 pm |
Most PRs or enblocs who wanted top buy HDB have already bought it.
Now there are no more buyers with so much spare cash. Those who are left will only buy at realistic rates or just continue renting/sharing. They will just think of cutting costs with their other spendings to make up for extra paid in rent.
Sellers who are waiting for great opffers can keep waiting now. The market has turned and they are too late. |
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31 Aug 08 8:45 am |
| infact the seller are asking low cov. but still not many people want to view house.. why? |
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31 Aug 08 10:49 am |
Another US "sub prime" in the making? Look like somewhat same scenario in singapore now.
It only needs a bad job market to trigger it. It only needs PRs to loose their jobs. |
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31 Aug 08 1:04 pm |
| Anonymous wrote: | | infact the seller are asking low cov. but still not many people want to view house.. why? |
Now the Value increases a lot a lot...selling at low value is also expensive |
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31 Aug 08 1:09 pm |
brudder, singaporean oso losing their jobs.. that is worst off. no good no good..
govt already told u that road aheads will be rough ride, just buckle up and get ready for the rough ride. i sold my 5 room in semb early this year and downgraded to a 3 room. have cash in hand is safer. manufacturing not rosy.. company feeling the coldness.. |
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31 Aug 08 4:10 pm |
valuation sliding. cov mininal. just viewed another 6 few units in amk (yesterday & this morning) there are in fact 2 unit that the valuation has expiry and the unit not willing to re-valuate and kept insisting that the valuation is higher than what they have valuated 4 or 5 months ago... confusing right??
agent also said but if we willing to give and offer he will try hard to negotiate.
tempted at first but think think if valuation is really going up up up, then why seller don't get it re-valuated? so i have reservation. any views ?? or similar experience to share? |
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31 Aug 08 4:43 pm |
maybe they dont want to pay for the valuation report again?
think sellers should adjust their expectations. current price they are getting even w/o asking for any COV is already way higher than what they would have paid for in the first place (i am assuming they bought the flat more than 5 years ago). if they continue to expect high COV, they can wait till the cows come home..
economic situation getting bad around the world.. and in Singapore, yesterday it was reported that As of June this year, about 13,700 households are having trouble paying their electricity bills. And about 35% are those who live in larger 4- and 5-room flats. |
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