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Resale Market Cooling Down

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Resale Market Cooling Down

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Post08 Sep 08 4:39 pm
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.
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Guest






Post08 Sep 08 4:46 pm
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.



why propose only HDB for Spore citizen mandatory?

why not only Spore citizen can take public transport, i.e. MRT, cab, sbs bus?

why not only Spore citizen can go food court buy food?

Embarassed
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Guest






Post08 Sep 08 5:02 pm
Anonymous wrote:
yes...rite now all sellers including those in lim chu kang all asking 70k to 150K cov...all close deal within 1 days...

so hot, demands much much more than supply

hahahaha Laughing Laughing Laughing dream dream dream


you wanna bluff also bluff nicely lah...no wonder there are lots of people out there claims agents are all $tupid and greedy...siao are u...
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Post08 Sep 08 5:03 pm
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.


No need lah..just need garment to build more HDB can liao...there are still lots of land in Punggol there...hee hee
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Post08 Sep 08 5:06 pm
Anonymous wrote:
Anonymous wrote:
http://property.st701.com/properties/view/310971?from=%2Fproperties%2Fresults%2Fpage%3A2%3Fproperty_type_id%3D2%26property_for%3DSale%26property_estate_id%3D46%26property_classification_id%255B0%255D%3D22%26country_id%3DSG%26builtin_area_select%3Dfeet

5room Punggol at 432K valuation leh...i think 3 months ago the valuation is only 400K...The price is coming down? should have bought it last time...thought the price will go down BUT......sighh.................................................................................................................



yes, shd hv bought 3 yrs ago, when punggol 5 rms was selling < 200K....why buy 3 mths ago....hahaha.... Laughing Laughing Laughing dream dream dream


shud hv bought 3 yrs ago?? you $tupid ar? people just got married 6 mths ago how to buy??
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Guest






Post08 Sep 08 5:20 pm
Anonymous wrote:
these agents talking many many.....let them talk...as long buyers hold their grounds.....agents will die first...

to all sellers, you can actual sell it on your own and can also save on commission from agents!!!


Actually i am trying to buy my hdb by myself i/o ask agent. the problem is i do not know how to settle with hdb side.i think should a lot of document need to submit..i did know got a website DIY Hdb which mean help us to settle all the documentation with hdb and oso help us arrange the appt with hdb However, until now . i am still unable get the contact person who provide this kind of service.
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Guest






Post08 Sep 08 5:22 pm
Anonymous wrote:


shud hv bought 3 yrs ago?? you $tupid ar? people just got married 6 mths ago how to buy??


oh oh...soli....didnt know people get married instantly 6 mths ago.

in that case, if he could afford to only look and buy flat after getting married, why not not wait for another 6 mths to 1 yr. He wld get much cheaper than price now. Laughing
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Guest






Post08 Sep 08 5:22 pm
you can ask hdb how to DIY transcation if you really want to.

it can be done....with some effort, better than let those agent earn commission just by submitting docs
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Guest






Post08 Sep 08 5:23 pm
Anonymous wrote:
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.



why propose only HDB for Spore citizen mandatory?

why not only Spore citizen can take public transport, i.e. MRT, cab, sbs bus?

why not only Spore citizen can go food court buy food?

Embarassed



im 100% agree with you , this what i want to say too

for those singaporean , sold their unit with very high price happly , now struggle to buy back , so start to complain so that they will benefit themself

what a .........
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Guest






Post08 Sep 08 5:25 pm
Anonymous wrote:
Anonymous wrote:
these agents talking many many.....let them talk...as long buyers hold their grounds.....agents will die first...

to all sellers, you can actual sell it on your own and can also save on commission from agents!!!


Actually i am trying to buy my hdb by myself i/o ask agent. the problem is i do not know how to settle with hdb side.i think should a lot of document need to submit..i did know got a website DIY Hdb which mean help us to settle all the documentation with hdb and oso help us arrange the appt with hdb However, until now . i am still unable get the contact person who provide this kind of service.



so easy...all info available on

http://www.hdb.gov.sg/fi10/fi10201p.nsf/WPDis/Buying%20A%20Resale%20FlatOverview?OpenDocument

just call HDB to send you a FOC OTP form
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Guest






Post08 Sep 08 5:31 pm
nope. its just one best way to encourage more FT to take up citizenship. Why not become One People, One Nation, One Singapore?

aiya, I think most likely don't want to take up citizenship only want to buy flat then sell next time and go back own country to retire.
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Guest






Post08 Sep 08 6:08 pm
Anonymous wrote:
Anonymous wrote:
nowsaday, so many units asking for valuation only, or 5k cov.....that's before nego.

Laughing Laughing Laughing


what area is that?

eyeing bedok now and started to view houses since late augast, found quite common that seller are asking over 30k even 40k cov, and seems those units are gone very quickly. don't know how long i can hang in there, sigh...


Gone cos sold or gone cos they dropped the idea. As some one posted earlier, some sellers are just "testing" the markets.. see which "poor sucker" will come along..

I have been house-hunting since July this year. Haven't found one.. We are prepared to wait (even after wedding), till we find one that is not overpriced.

Remember, its your hard-earned cash.. COV is just to feed the greed of the seller...
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Guest






Post08 Sep 08 6:13 pm
Anonymous wrote:
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.



why propose only HDB for Spore citizen mandatory?

why not only Spore citizen can take public transport, i.e. MRT, cab, sbs bus?

why not only Spore citizen can go food court buy food?

Embarassed


I think they need a better way to valuate house prices. Why +COV into the transacted price and use that as a valuation??? Can't someone independently place a value on a house?
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Guest






Post08 Sep 08 9:34 pm
[quote=" COV is just to feed the greed of the seller...[/quote]



Wait till you sell your house...then put those word into your mouth!! Rolling Eyes
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Guest






Post08 Sep 08 10:10 pm
singaporean buy hdb also have 30k discount by government and singaporean can buy directly from hdb....

summore singaporean can borrow hdb loan...but pr cannot lah.......

now still wan stop pr to buy hdb Neutral
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Guest






Post08 Sep 08 10:47 pm
THE TRUTH IS
BUYERS ARE NOT INTERESTED TO VIEW THE HOUSES ASKING HIGH COV

Sellers worried prices might drop very soon

Few buyers viewing if high cov demanded ( even prime location )

Sellers don't want to miss the opportunity and to profit because the valuation is so high already and most sellers are making handsome profits. Sellers more worried not to miss the boat that is why they sell once a genuine offer is made.


Sellers advertise 10k or 30k cash to make sure potential buyer doesn't ask below valuation. The cov demanded will act as a buffer and enable bargaining.

Seller always states "NEGOTIABLE", so that potential buyers will not be frightened by the cov stated. "NEGOTIABLE" also includes an offer at valuation or even below valuation.

I sold my flat at valuation even though it was at a prime location after realising that my valuation was too high. I did not have much buyers even though my agent did his best advertising very regularly.

LESSON ; VALUATION HIGH ALSO PROBLEM
VALUATION LOW ALSO PROBLEM
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Guest






Post08 Sep 08 11:11 pm
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.


Luckily this narrow mind set fello not the Garment. Next time built your own house and own road
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Guest






Post09 Sep 08 8:40 am
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
I personally feel that HDB should be bought ONLY by Singapore Citizen. Garment should consider this so as to force them to take up citizenship. And people with Private houses or apartments should not be able to own another HDB flat. If can afford private then should sell of their HDB.



why propose only HDB for Spore citizen mandatory?

why not only Spore citizen can take public transport, i.e. MRT, cab, sbs bus?

why not only Spore citizen can go food court buy food?

Embarassed


I think they need a better way to valuate house prices. Why +COV into the transacted price and use that as a valuation??? Can't someone independently place a value on a house?


Because that is the price where there is an actual willing buyer and willing seller. The independent valuer use the latest transacted price to value the house.
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Guest






Post09 Sep 08 8:51 am
Anonymous wrote:
LESSON ; VALUATION HIGH ALSO PROBLEM VALUATION LOW ALSO PROBLEM


It's because nobody want to lose...if you are a seller, you want to sell your house as expensive as possible....then if you are buyer, you want to buy as cheap as possible.

For those buyers who condemn seller and say sellers greedy are just a hypocrite big time! It's good if you can come out and screw the seller openly and i would like to see how your reaction 5 yrs down the road..when you trying to sell you house in the future...selfish and hypocrite!!!
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Guest






Post09 Sep 08 8:54 am
Anonymous wrote:

I sold my flat at valuation even though it was at a prime location after realising that my valuation was too high. I did not have much buyers even though my agent did his best advertising very regularly.


It means that you are currently looking for a house? I am not sure how true was your above statement. But if it's true, then you are damn fool...now say seller greedy because you have sold your flat at valuation and now can't buy back???

You know why some sellers sell with COV? That's exactly because they are in the same situation as you. If they sell cheap, then they gotta buy expensive out there...who wants to make a loss? I personally would rather not sell it at all.
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