[sgbuffett]

Property agent slip  a brochure into my letter box. He gave estinate of my 2 room flat. When i saw it i jumped up and down with happiness.

When I got home, and lie on my bed ....i started to think. Suddenly feel rich....its a good feeling.

But practically how does one benefit?

1. Downgrade to smaller place. Okay maybe if 5rm flat downgrade to 2room. Then again even 5rm flat people get used to staying in a decent space downgrade means suffer living in smaller space. For me 2 room flat already not big enough so idea is completely out.

2. Sell and rent. Okay rental is not cheap. The money you get from selling you can rent for a period less than remaining lease of the home. So you are worse off.

3. Rent and stay in JB. If sell and use the move to move out of singapore.

Only 5% of singapore household have 2 properties. Eventually around 10% will downgrade. Less than 1% will move to another country. Vast majority will just stay in their flat until they go heaven they either pass the flat to children with around 40yrs of lease left or make use of lease buy back scheme to get some money - around 25-30% of the flat value is monetise jn this way.

The negatives of high prices

1. Young couples will be heavily burdened when they want a home and start family.

2. The homes that people can afford is smaller means living spaces shrink.

3.;When fanilies grow they cant afford bigger home...they cant upgrade.

Rising home prices benefit a small minority while the negatuve impact is widespread. Just look at Australia where home prices have risen sharply and govt in anticipation of votes lost came up witth cooling measures due to rising anger.

A rise in property price less than income growth was seen as healthy in the past. But due to income gap income growth is concentrated in high income earners and rising prices means lower affordability of housing across large segments of population

[p1acebo]

How do you feel being left out and pain pain by the HK and China markets? Told you not to short already

[WhatDoYouThink!]

Depending on location, 300k to 400k is not a problem

Now yr big question is want to monetise it? And how to proceed? Such an opportunity may not be present forever according to bala's curve

[forum456]

A rise in property price less than income growth was seen as healthy in the past. But due to income gap income growth is concentrated in high income earners and rising prices means lower affordability of housing across large segments of population

when property price rises means foreign population is increased significantly here.

from 6 million to 10 million, property price will continue to rise.

singaporean population is not growing means BTO number cannot grow because BTO are for singaporeans.

BTO cannot grow means resale flats cannot grow.

resale flats cannot grow means resale flat prices will grow because more foreigner/PR are buying or renting them.

resale price grows means BTO price will grow.

[theold]

Why do property prices rise?

In some en-bloc cases,
eg. the payment is $1700 per square foot.
The developer will have to top up to get the lease back to 99 years.
It has to take a loan to buy the place and also another loan to build the parcel.
The selling price will be $2,800 to recover the cost and with a profit.

This will help to pull up the re-sale market in that area.

eg. 
Launch price $2,800
Next release $2,900 maybe about 30%
Next release $3,000 sales 50% units

The main element is the land scare in Singapore.

[sgbuffett]

How do you feel being left out and pain pain by the HK and China markets?  Told you not to short already

Yesterday someone reported i become millioanire because of Alibaba stock which is  not true.

I ride the HSJ and HS tech on its way up and lost only in my  last short  trade when i had to cut loss. They was the only loss after continuous gains. Trading cannot expect perfect record .

[forum456]

Why do property prices rise?

In some en-bloc cases,
eg. the payment is $1700 per square foot.
The developer will have to top up to get the lease back to 99 years.
It has to take a loan to buy the place and also another loan to build the parcel.
The selling price will be $2,800 to recover the cost and with a profit.

This will help to pull up the re-sale market in that area.

eg. 
Launch price $2,800
Next release $2,900 maybe about 30%
Next release $3,000 sales 50% units

you must have increase in foreign population to buy.

if govt stops importing foreign population, who will buy ?

[theold]

The developer will buy up the areas surrounding the place of the en-bloc. With the money, some of these people will buy up the units of the new development. This is how Enbloc works.

Recently met one super-rich lady. She says the 60% Tax on residential for foreigners is too high to buy. So she is buying up hotels in Thailand. The problem is their immigrant policies there. For Singapore, it will take a few years for her PR.

[forum456]

The developer will buy up the areas surrounding the place of the en-bloc. With the money, some of these people will buy up the units of the new development. This is how Enbloc works.

only some will buy, if there is no foreigner to buy, the rest of the new units sell to who ?

[RiseofAsia]

It will collapse on 1 fine day lah.
This property boom already 16 years since 2009.

[Lukongsimi]

Property agent slip  a brochure into my letter box. He gave estinate of my 2 room flat. When i saw it i jumped up and down with happiness.

When I got home, and lie on my bed ....i started to think. Suddenly feel rich....its a good feeling.

But practically how does one benefit?

1. Downgrade to smaller place. Okay maybe if 5rm flat downgrade to 2room. Then again even 5rm flat people get used to staying in a decent space downgrade means suffer living in smaller space. For me 2 room flat already not big enough so idea is completely out.

2. Sell and rent. Okay rental is not cheap. The money you get from selling you can rent for a period less than remaining lease of the home. So you are worse off.

3. Rent and stay in JB. If sell and use the move to move out of singapore.

Only 5% of singapore household have 2 properties. Eventually around 10% will downgrade. Less than 1% will move to another country. Vast majority will just stay in their flat until they go heaven they either pass the flat to children with around 40yrs of lease left or make use of lease buy back scheme to get some money - around 25-30% of the flat value is monetise jn this way.

The negatives of high prices

1. Young couples will be heavily burdened when they want a home and start family.

2. The homes that people can afford is smaller means living spaces shrink.

3.;When fanilies grow they cant afford bigger home...they cant upgrade.

Rising home prices benefit a small minority while the negatuve impact is widespread. Just look at Australia where home prices have risen sharply and govt in anticipation of votes lost came up witth cooling measures due to rising anger.

A rise in property price less than income growth was seen as healthy in the past. But due to income gap income growth is concentrated in high income earners and rising prices means lower affordability of housing across large segments of population

Sell or not no benefits cos only 2 room flat 
No flat no Cdcv if move to Malaysia

[red3]

So many huaters

[WhatDoYouThink!]

There's not much you could do,

1. Dun do anything
2. #3 Jb options

So choose between the 2

[Rubitin]

Property agent slip  a brochure into my letter box. He gave estinate of my 2 room flat. When i saw it i jumped up and down with happiness.

When I got home, and lie on my bed ....i started to think. Suddenly feel rich....its a good feeling.

But practically how does one benefit?

1. Downgrade to smaller place. Okay maybe if 5rm flat downgrade to 2room. Then again even 5rm flat people get used to staying in a decent space downgrade means suffer living in smaller space. For me 2 room flat already not big enough so idea is completely out.

2. Sell and rent. Okay rental is not cheap. The money you get from selling you can rent for a period less than remaining lease of the home. So you are worse off.

3. Rent and stay in JB. If sell and use the move to move out of singapore.

Only 5% of singapore household have 2 properties. Eventually around 10% will downgrade. Less than 1% will move to another country. Vast majority will just stay in their flat until they go heaven they either pass the flat to children with around 40yrs of lease left or make use of lease buy back scheme to get some money - around 25-30% of the flat value is monetise jn this way.

The negatives of high prices

1. Young couples will be heavily burdened when they want a home and start family.

2. The homes that people can afford is smaller means living spaces shrink.

3.;When fanilies grow they cant afford bigger home...they cant upgrade.

Rising home prices benefit a small minority while the negatuve impact is widespread. Just look at Australia where home prices have risen sharply and govt in anticipation of votes lost came up witth cooling measures due to rising anger.

A rise in property price less than income growth was seen as healthy in the past. But due to income gap income growth is concentrated in high income earners and rising prices means lower affordability of housing across large segments of population

charts don't lie.