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 10 Sep 08 12:16 pm |
| Anonymous wrote: | | valuation will forever go up... better rush in and buy NOW |
LOL |
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fcuk
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10 Sep 08 12:17 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | [quote=" COV is just to feed the greed of the seller... |
Wait till you sell your house...then put those word into your mouth!!  |
do you think he can sell the house in 15 years time from now if he buy now
hdb overpriced , so event 15 years later you got the same price , then you still lost in your interest , unless atleast 50% than current price ,
meaning now 320K then in 15 years time it should sell at 480K
then the same problem comes in ,if you sell then you need buy another one , then it comes to square , you should be old enough meaning at least 45++ then get another loan is another issue , if get also monthly paymet is very high
so think about that , only you got 1 way , if you buy overpriced hdb now , then stay there forever no u-turn if dont want to loose anything , esle in trouble |
How much was the price of a 4 room flat 15 yrs ago?? 60K!!! how much now?? Are you aware that there are some HDB nearly hit the price of 1 million? You go and think about it. We are heading to the same direction as Hongkong... |
15 years back 4rm 60K? where got , you must be dreaming , no need to talk so much 1996 , how much was the 4rm and 5 rm was sold by hdb , then in 1998 and 2000 how much was sold by hdb then in 2008 how much was sold by hdb?
now your turn to think about this
you can advice buyer to buy as price going to go up , base on what you keep on say the price is going up
1) population increase ? that is not true , if the wages is low but the property in high FT will not attracted with the package
2) IR ? does all the job offer in IR will pay 5K and above , if not then how they will buy the overpriced hdb
if you talk about 30 years ago the hdb price is about 30K , then think about what is the inflation during that time , what is the wages during that time , what you can buy for 5 cents , does 1 cents got value during that time |
Hmmm..I am not and expert and I do believe everybody here are not expert as well. What we should do now? The one who got $, go and buy and the one without, continue to rent or stay with parents...it's simple, isnt it? Tired of looking at all these threads...no one sure of the future yet everybody can say this and that...sighh...[/quote]u must be born yday...20yrs ago a 5I with 4 bedrooms and 126sqm is only 79K... y not a 4 rm... |
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10 Sep 08 12:44 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | hv been following up an classified ads for HDB dover #04
seller asking 10k cov initial, then later reduced to 8k after week, then reduced to 5k again...this morning, I check again, it's asking $0 cash 
guess, next is to ask below valuation  |
Think this one sold 20k abv value. |
I also think so but not sure whether this is the one. what's the unit number? |
should be the only unit. |
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10 Sep 08 1:28 pm |
My cousin just sold his Fernvale flat at 5K below val.
Still made a tidy profit and has moved to a condo in SengKang.
Its a good time for HDB dwellers to cash in on profits from their flat and upgrade. Private property price quite reasonable. |
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10 Sep 08 1:33 pm |
| fcuk wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | [quote=" COV is just to feed the greed of the seller... |
Wait till you sell your house...then put those word into your mouth!! |
do you think he can sell the house in 15 years time from now if he buy now
hdb overpriced , so event 15 years later you got the same price , then you still lost in your interest , unless atleast 50% than current price ,
meaning now 320K then in 15 years time it should sell at 480K
then the same problem comes in ,if you sell then you need buy another one , then it comes to square , you should be old enough meaning at least 45++ then get another loan is another issue , if get also monthly paymet is very high
so think about that , only you got 1 way , if you buy overpriced hdb now , then stay there forever no u-turn if dont want to loose anything , esle in trouble |
How much was the price of a 4 room flat 15 yrs ago?? 60K!!! how much now?? Are you aware that there are some HDB nearly hit the price of 1 million? You go and think about it. We are heading to the same direction as Hongkong... |
15 years back 4rm 60K? where got , you must be dreaming , no need to talk so much 1996 , how much was the 4rm and 5 rm was sold by hdb , then in 1998 and 2000 how much was sold by hdb then in 2008 how much was sold by hdb?
now your turn to think about this
you can advice buyer to buy as price going to go up , base on what you keep on say the price is going up
1) population increase ? that is not true , if the wages is low but the property in high FT will not attracted with the package
2) IR ? does all the job offer in IR will pay 5K and above , if not then how they will buy the overpriced hdb
if you talk about 30 years ago the hdb price is about 30K , then think about what is the inflation during that time , what is the wages during that time , what you can buy for 5 cents , does 1 cents got value during that time |
Hmmm..I am not and expert and I do believe everybody here are not expert as well. What we should do now? The one who got $, go and buy and the one without, continue to rent or stay with parents...it's simple, isnt it? Tired of looking at all these threads...no one sure of the future yet everybody can say this and that...sighh... |
u must be born yday...20yrs ago a 5I with 4 bedrooms and 126sqm is only 79K... y not a 4 rm...[/quote]
Indeed it was around 50k for 4S unit in Woodlands area 20 yrs ago..& now it goes up 4-5 times |
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10 Sep 08 1:56 pm |
| Anonymous wrote: | My cousin just sold his Fernvale flat at 5K below val.
Still made a tidy profit and has moved to a condo in SengKang.
Its a good time for HDB dwellers to cash in on profits from their flat and upgrade. Private property price quite reasonable. |
Below val 5k? this is d first time i heard ppl sold below val. |
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10 Sep 08 2:09 pm |
| Anonymous wrote: | My cousin just sold his Fernvale flat at 5K below val.
Still made a tidy profit and has moved to a condo in SengKang.
Its a good time for HDB dwellers to cash in on profits from their flat and upgrade. Private property price quite reasonable. |
We trust you.
Will you mind to post the block, level and value to be more authentic so that people can verify with HDB transaction...
If can not then we treat your post as rubbish! |
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10 Sep 08 2:44 pm |
| Anonymous wrote: | | Anonymous wrote: | My cousin just sold his Fernvale flat at 5K below val.
Still made a tidy profit and has moved to a condo in SengKang.
Its a good time for HDB dwellers to cash in on profits from their flat and upgrade. Private property price quite reasonable. |
We trust you.
Will you mind to post the block, level and value to be more authentic so that people can verify with HDB transaction...
If can not then we treat your post as rubbish! |
405, low floor. Fernvale Primary School view.
Deal was done last week. Not sure when it will show up on HDB website...
He was initially asking for 30K + but didnt sell for 2 months.
In end he sold because he needed to free cash for the condo.
He made enough profit to take care of most of condo downpayment |
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10 Sep 08 3:34 pm |
| Anonymous wrote: | | fcuk wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | [quote=" COV is just to feed the greed of the seller... |
Wait till you sell your house...then put those word into your mouth!! |
do you think he can sell the house in 15 years time from now if he buy now
hdb overpriced , so event 15 years later you got the same price , then you still lost in your interest , unless atleast 50% than current price ,
meaning now 320K then in 15 years time it should sell at 480K
then the same problem comes in ,if you sell then you need buy another one , then it comes to square , you should be old enough meaning at least 45++ then get another loan is another issue , if get also monthly paymet is very high
so think about that , only you got 1 way , if you buy overpriced hdb now , then stay there forever no u-turn if dont want to loose anything , esle in trouble |
How much was the price of a 4 room flat 15 yrs ago?? 60K!!! how much now?? Are you aware that there are some HDB nearly hit the price of 1 million? You go and think about it. We are heading to the same direction as Hongkong... |
15 years back 4rm 60K? where got , you must be dreaming , no need to talk so much 1996 , how much was the 4rm and 5 rm was sold by hdb , then in 1998 and 2000 how much was sold by hdb then in 2008 how much was sold by hdb?
now your turn to think about this
you can advice buyer to buy as price going to go up , base on what you keep on say the price is going up
1) population increase ? that is not true , if the wages is low but the property in high FT will not attracted with the package
2) IR ? does all the job offer in IR will pay 5K and above , if not then how they will buy the overpriced hdb
if you talk about 30 years ago the hdb price is about 30K , then think about what is the inflation during that time , what is the wages during that time , what you can buy for 5 cents , does 1 cents got value during that time |
Hmmm..I am not and expert and I do believe everybody here are not expert as well. What we should do now? The one who got $, go and buy and the one without, continue to rent or stay with parents...it's simple, isnt it? Tired of looking at all these threads...no one sure of the future yet everybody can say this and that...sighh... |
u must be born yday...20yrs ago a 5I with 4 bedrooms and 126sqm is only 79K... y not a 4 rm... |
Indeed it was around 50k for 4S unit in Woodlands area 20 yrs ago..& now it goes up 4-5 times[/quote]
very smart , so what was the price the 4s in 1997 and 2000 then in 2008
if the price keep on go up then why it drop
even a child also now property price always to go up , only adult is the one determine when is the correct time to buy,
we are here not to prove whether property price is going up in another 50 year , but for the case 1997 and 2000 when is the good time to buy
first of all , need to think why the price is go up so sharp in 1997 and 2008
1997 - more ppl from indonesia and hong kong start to comes in with cash thats why the property goes up very high
2008 - is fully by speculation , no concreate reason for this
what makes suddern increase eventhough there is not much
demand |
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11 Sep 08 12:02 am |
I am trying to buy an apartment but have still same issue that wait and see the market till Dec 2008. Looking for 4 room/5room. There is uncertainity.
Renting is also difficult ; especially very few approved apartment at one location. |
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11 Sep 08 8:56 am |
I believe. Fernvale area val has increased a lot. I think 400K right?
Look through 10/sept classified for those who don't believe under sengkang section.
One ask 15k below value. I don't have a car, else I will be keen.
Opposite Fernvale are those 2 storey house, Yio Chu kang I think.
Transport is a problem. |
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11 Sep 08 9:38 am |
| Anonymous wrote: | I believe. Fernvale area val has increased a lot. I think 400K right?
Look through 10/sept classified for those who don't believe under sengkang section.
One ask 15k below value. I don't have a car, else I will be keen.
Opposite Fernvale are those 2 storey house, Yio Chu kang I think.
Transport is a problem. |
Opposite Fernvale (Sengkang) is Yio Chu Kang? confuse... |
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11 Sep 08 9:56 am |
Opposite Fernvale (Sengkang) is Yio Chu Kang? confuse
:
are you a singaporean?please grad a streetdirectory. |
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11 Sep 08 10:00 am |
| Anonymous wrote: | | Anonymous wrote: | I believe. Fernvale area val has increased a lot. I think 400K right?
Look through 10/sept classified for those who don't believe under sengkang section.
One ask 15k below value. I don't have a car, else I will be keen.
Opposite Fernvale are those 2 storey house, Yio Chu kang I think.
Transport is a problem. |
Opposite Fernvale (Sengkang) is Yio Chu Kang? confuse... |
Why don't you look into a map and then comment. In fact much neared to YCK and AMK |
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11 Sep 08 10:22 am |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | I believe. Fernvale area val has increased a lot. I think 400K right?
Look through 10/sept classified for those who don't believe under sengkang section.
One ask 15k below value. I don't have a car, else I will be keen.
Opposite Fernvale are those 2 storey house, Yio Chu kang I think.
Transport is a problem. |
Opposite Fernvale (Sengkang) is Yio Chu Kang? confuse... |
Why don't you look into a map and then comment. In fact much neared to YCK and AMK |
fcking h3ll...look properly, i put question mark there because i don't know...you must be those $tupid arrogant Singaporean...go hang your head in shame for failing to compete with FTs...btw, please brush up your English and try to understand the sentence before you post. you are a disgrace to Singapore... |
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11 Sep 08 10:34 am |
| Quote: | More PRs snapping up private homes; Their share in pool of foreign buyers is rising after turmoil in global markets
The Business Times Singapore, September 11, 2008
PRs made up 54 per cent of the total number of 913 private-home purchases by foreigners in Q2 this year
HDB upgraders come out to play in quiet market
Business Times Singapore, 10 September 2008
HDB upgraders' share of private home purchases rose to 34 per cent in Q2 2008 from just 28 per cent share in Q1 2008. |
Seems like private homes are doing well.. |
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11 Sep 08 10:50 am |
| Anonymous wrote: | | Anonymous wrote: | | 2 years ago is not that long and definitely does not warrant such a steep increase in property price. It is definitely a bubble. |
what you dont realize is that for around 6 years before 2007, the property market had been in the dumps. Property valuations hadn't increased or just dropped. If you had tried to sell your flat in those times, you would have known how tough it was.
The current increase in price is certainly steep, but if you average out the increase over last 8 years, you will realize that the increase is not that great.
For eg.
I bought a 4 room in 2001 for 180K.
Till 2006 end its price had only increased to about 220K.
*6 years, increase of 40K*
From 2007 to now the price increased by 90K and now its 310K
*2 years, increase of 90K*
But over 8 years, the increase is only 130K. Around 70% gain over 8 years. Around 9% per year(not compounded)
Of course there could be people who bought for 220K in 2006 and sold now for 310K. They would pocket a 40% profit in 2 years. Thats 20% per year.
So my point is that if you consider the property price tend over the last 8 years, current prices are not in a bubble. They are around where they should have been if there had been a normal increase in value over all the years. |
does not make any sense to argue here. We can see whether it is a bubble in the next two or three years. |
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11 Sep 08 11:17 am |
If a leasehold property needs to appreciate, then what is the price when its lease is expiring? This does not make sense at all.
Leasehold property should not be more than the original price after factoring in inflation.
Is election just around the corner? |
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11 Sep 08 12:20 pm |
| Anonymous wrote: | | Anonymous wrote: | | fcuk wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | [quote=" COV is just to feed the greed of the seller... |
Wait till you sell your house...then put those word into your mouth!! |
do you think he can sell the house in 15 years time from now if he buy now
hdb overpriced , so event 15 years later you got the same price , then you still lost in your interest , unless atleast 50% than current price ,
meaning now 320K then in 15 years time it should sell at 480K
then the same problem comes in ,if you sell then you need buy another one , then it comes to square , you should be old enough meaning at least 45++ then get another loan is another issue , if get also monthly paymet is very high
so think about that , only you got 1 way , if you buy overpriced hdb now , then stay there forever no u-turn if dont want to loose anything , esle in trouble |
How much was the price of a 4 room flat 15 yrs ago?? 60K!!! how much now?? Are you aware that there are some HDB nearly hit the price of 1 million? You go and think about it. We are heading to the same direction as Hongkong... |
15 years back 4rm 60K? where got , you must be dreaming , no need to talk so much 1996 , how much was the 4rm and 5 rm was sold by hdb , then in 1998 and 2000 how much was sold by hdb then in 2008 how much was sold by hdb?
now your turn to think about this
you can advice buyer to buy as price going to go up , base on what you keep on say the price is going up
1) population increase ? that is not true , if the wages is low but the property in high FT will not attracted with the package
2) IR ? does all the job offer in IR will pay 5K and above , if not then how they will buy the overpriced hdb
if you talk about 30 years ago the hdb price is about 30K , then think about what is the inflation during that time , what is the wages during that time , what you can buy for 5 cents , does 1 cents got value during that time |
Hmmm..I am not and expert and I do believe everybody here are not expert as well. What we should do now? The one who got $, go and buy and the one without, continue to rent or stay with parents...it's simple, isnt it? Tired of looking at all these threads...no one sure of the future yet everybody can say this and that...sighh... |
u must be born yday...20yrs ago a 5I with 4 bedrooms and 126sqm is only 79K... y not a 4 rm... |
Indeed it was around 50k for 4S unit in Woodlands area 20 yrs ago..& now it goes up 4-5 times |
very smart , so what was the price the 4s in 1997 and 2000 then in 2008
if the price keep on go up then why it drop
even a child also now property price always to go up , only adult is the one determine when is the correct time to buy,
we are here not to prove whether property price is going up in another 50 year , but for the case 1997 and 2000 when is the good time to buy
first of all , need to think why the price is go up so sharp in 1997 and 2008
1997 - more ppl from indonesia and hong kong start to comes in with cash thats why the property goes up very high
2008 - is fully by speculation , no concreate reason for this
what makes suddern increase eventhough there is not much
demand[/quote]
Can buy HDB to speculate? I thought you can't sell for the next 5 years. |
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