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 11 Sep 08 12:23 pm |
| Anonymous wrote: | 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? |
20yrs ago hdb cost <100K. 20 years have passed (ie, lease reduced by 20yrs) but prices have gone up several times. Many elections have also been held. Can you explain that? |
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Guest
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11 Sep 08 5:26 pm |
| Anonymous wrote: | | Anonymous wrote: | 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? |
20yrs ago hdb cost <100K. 20 years have passed (ie, lease reduced by 20yrs) but prices have gone up several times. Many elections have also been held. Can you explain that? |
yes , certainly i can explain that!  90% of the people are kiasi , kiasu.
So , have be forced to put their life saving into a "subsidy flat" , and seeing the manipulated value of the flat shot up sky high , when election come , they have to do the 'right thing'. maybe they like to be slave forever.  |
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11 Sep 08 5:42 pm |
| Anonymous wrote: |
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 |
1997 - Singaporeans and PRs were able to speculate in HDB flats because there was no income requirement. Even students and retirees without income also can sure get HDB loan. There was also super long queue for the RFS system. There was also no penalty for dropping out of the queue for RFS. When the SG govt announced to have capital gains tax for property transactions the whole SG property market crashed.
2008 - HDB now very smart. No income = no flat. No HLE, no Letter of offer from bank or no cash also = no flat. Now all demand are by genuine buyers who can service the loan. HDB also officailly stated in the StraitsTimes that the development cost for a 4rm flat is $300k in today's market. e.g.
http://en.wikipedia.org/wiki/Build_To_Order#Punggol
http://www.straitstimes.com/ST+Forum/Story/STIStory_263270.html
Punggol Spring construction cost alone is $203785
Hence the only way for HDB flat price to go is up. |
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Guest
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11 Sep 08 6:11 pm |
no meaning right????
SINGAPORE - Singapore shares closed 3.1 per cent lower Thursday, pulled down by concerns over slowing growth and jitters about Lehman Brothers' financial troubles, dealers said.
The blue-chip Straits Times Index fell 81.26 points to 2,541.15
with these facts and occurence, hdb price still so high ?? |
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Guest
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11 Sep 08 8:18 pm |
| Anonymous wrote: | no meaning right????
SINGAPORE - Singapore shares closed 3.1 per cent lower Thursday, pulled down by concerns over slowing growth and jitters about Lehman Brothers' financial troubles, dealers said.
The blue-chip Straits Times Index fell 81.26 points to 2,541.15
with these facts and occurence, hdb price still so high ?? |
But HDB val is basing on transaction price ler...if share drop . doesn't mean HDB price will drop , right? i think a lot of ppl still thinking resale flat will keep to going up so very kanchong to buy now to cause the transaction price high. Nowsaday... still a lot of ppl ask for 30k~40k even the yishun n woodland area..but some of area like sengkang jurong west.. already reduce the val to 20k or 10k... Anyway..even ask for 5k .the price is still the high bcos VAL already PEAK HIGH liao... |
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11 Sep 08 9:37 pm |
| Anonymous wrote: |
Hence the only way for HDB flat price to go is up. |
That's true in the long run (5+ years). But in the short run (3-5 years), have to take other things into considerations: Global economy, inflation, economic outlook, etc.
If economy not doing well, got retrenchments, no/poor wage increase.. how to finance flats that are so highly priced? How to fork out cash to pay for the flat?
Housing prices increase by 50% or so in the last 2 years. How much did our wage increase?
Economists have already lowered the GDP forecasts for Singapore. Some ministers already warned of retrenchments in the later part of this year. Inflation and high rentals are hurting businesses. And inflation is making costs of living here way too high. Interest rates are pretty low but going forward, the only way for interest rates is to go up!
Dont have to say about the global economy.
If you buy an overpriced item now, taking out a 20 year loan for a resale (mind you, not first hand!) flat, how sure are you that you can finance your flat for the next 20 years?
Prices will not increase indefinitely. Today was talking to a colleague, she was also looking for a house. We both agreed that sometimes the agents really don't make sense when they keep insisting that we buy our flats now cos valuation will ONLY go up. Got guarantee or not? If val drop, will they refund our moolah?? |
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11 Sep 08 9:43 pm |
| Yishun actually got the potential....considering the new hospital and new development coming up. It is a alternative choice if u couldn't afford a flat in TPY or Amk. The MRT ride to Orchard road takes about 22 mins. The bus ride to Tampiness or airport only takes about 30mins. Any many many more.... |
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11 Sep 08 9:44 pm |
| Anonymous wrote: |
But HDB val is basing on transaction price ler...if share drop . doesn't mean HDB price will drop , right? i think a lot of ppl still thinking resale flat will keep to going up so very kanchong to buy now to cause the transaction price high. Nowsaday... still a lot of ppl ask for 30k~40k even the yishun n woodland area..but some of area like sengkang jurong west.. already reduce the val to 20k or 10k... Anyway..even ask for 5k .the price is still the high bcos VAL already PEAK HIGH liao... |
U owner of Yishun or Woodland flat huh? too bad for u, too late liao, especially for lousy area like Yishun/woodland, wait long long for this lousy location to hv price up. How can best area like Sengkang ask cov lower then Yishun/woodland lousy area....
Sengkang the best and No. 1  |
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Guest
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11 Sep 08 9:48 pm |
LOL yishun owner vs sengkang owner  |
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Guest
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11 Sep 08 9:48 pm |
| Anonymous wrote: | | Yishun actually got the potential....considering the new hospital and new development coming up. It is a alternative choice if u couldn't afford a flat in TPY or Amk. The MRT ride to Orchard road takes about 22 mins. The bus ride to Tampiness or airport only takes about 30mins. Any many many more.... |
see, already spotted, u owner of lousy Yishun flat. Yishun flat is damn old & ulu, and location is no. 1 count from behind stay in yishun is damn inconvenient especially from taking MRT perspective as well as driving. |
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11 Sep 08 9:56 pm |
Hahaha!!!! Very funny!!!! The pot calling the kettle black!!!!!
Sengkang is no way any better!!!!!! |
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11 Sep 08 10:01 pm |
| Anonymous wrote: | Hahaha!!!! Very funny!!!! The pot calling the kettle black!!!!!
Sengkang is no way any better!!!!!! |
Yes! Quite true |
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11 Sep 08 11:56 pm |
| Anonymous wrote: | | Anonymous wrote: | | Yishun actually got the potential....considering the new hospital and new development coming up. It is a alternative choice if u couldn't afford a flat in TPY or Amk. The MRT ride to Orchard road takes about 22 mins. The bus ride to Tampiness or airport only takes about 30mins. Any many many more.... |
see, already spotted, u owner of lousy Yishun flat. Yishun flat is damn old & ulu, and location is no. 1 count from behind stay in yishun is damn inconvenient especially from taking MRT perspective as well as driving. |
yishun is sucks!!!i currently posted to work there temporary!!!so damn far and ulu!!and u will realised that the residence of yishun damn rude!when they boarded the train...they wont wait one side for the door to open but just rush in...u compare when u drop at novena...u can see the different behaviour!!!  |
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12 Sep 08 3:16 am |
Yishun old and smelly.SengKang new and stylish.
All cab drivers/food court workers stay in Yishun.
SengKang got middle class Singaporean and expat PRs. |
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12 Sep 08 9:16 am |
| Anonymous wrote: | | Anonymous wrote: | | 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... |
Don't show your culture with all those abusive words. instead look at a map |
lol...talking about culture, yes...Singapore's culture:
1. heck care of those pregnant ladies and old folks in public transport
2. jamming MRT door
3. blast your mobile/music in public transport
4. kiasu and kiasi
Can't be bother to list down all....you gotta sort that out first before you come back to me and we can then talk about culture...1diot... |
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Guest
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12 Sep 08 10:22 am |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Yishun actually got the potential....considering the new hospital and new development coming up. It is a alternative choice if u couldn't afford a flat in TPY or Amk. The MRT ride to Orchard road takes about 22 mins. The bus ride to Tampiness or airport only takes about 30mins. Any many many more.... |
see, already spotted, u owner of lousy Yishun flat. Yishun flat is damn old & ulu, and location is no. 1 count from behind stay in yishun is damn inconvenient especially from taking MRT perspective as well as driving. |
yishun is sucks!!!i currently posted to work there temporary!!!so damn far and ulu!!and u will realised that the residence of yishun damn rude!when they boarded the train...they wont wait one side for the door to open but just rush in...u compare when u drop at novena...u can see the different behaviour!!! |
I am currently staying in Kallang area but used to rent a flat in Yishun and Sengkang in the last 3 yrs.
My view is that yishun is indeed old and run down whereas sengkang is newer. But more amenities in yishun.
But both location are still relatively lousy compared to other residential locations in Singapore. |
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Guest
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12 Sep 08 10:54 am |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Yishun actually got the potential....considering the new hospital and new development coming up. It is a alternative choice if u couldn't afford a flat in TPY or Amk. The MRT ride to Orchard road takes about 22 mins. The bus ride to Tampiness or airport only takes about 30mins. Any many many more.... |
see, already spotted, u owner of lousy Yishun flat. Yishun flat is damn old & ulu, and location is no. 1 count from behind stay in yishun is damn inconvenient especially from taking MRT perspective as well as driving. |
yishun is sucks!!!i currently posted to work there temporary!!!so damn far and ulu!!and u will realised that the residence of yishun damn rude!when they boarded the train...they wont wait one side for the door to open but just rush in...u compare when u drop at novena...u can see the different behaviour!!! |
I am currently staying in Kallang area but used to rent a flat in Yishun and Sengkang in the last 3 yrs.
My view is that yishun is indeed old and run down whereas sengkang is newer. But more amenities in yishun.
But both location are still relatively lousy compared to other residential locations in Singapore. |
Hello all..come back to HDB resales price!!!! Do u think coming transaction price on Q3 will drop abit...For my opinion.it will up. |
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Guest
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12 Sep 08 11:05 am |
if it goes up it will be 1 % or less ( my opinion)
what's ur? |
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Guest
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12 Sep 08 11:21 am |
| transaction volume will drop while transaction price almost flat i guess |
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