[Bigiron]

Singapore home sales hit six-month high
https://www.bangkokpost.com/business/232...ose-impact

[sclim]

silly number. more new units launched. sure more likely higher number sale. no new launched where got units for sale?

[watchfirst9]

silly number. more new units launched. sure more likely higher number sale. no new launched where got units for sale?

BTO roll out or downsizing?

[sclim]

BTO roll out or downsizing?

no know. got to ask hdb.  feeling that their operation need some adjustment.
each young family will hope to have a new house for a start of new family.
so if hdb view that 1m hdb is enough and build less there is a mis match.
the supply become resale (second hand recycle) but the demand is new flats.

in addition on the resale market. demand and supply also going mismatch.

returning/increasing pr may also cause demand surge.

the locking up of resale units for 5 years min occupation periods reduced supply on the resale market.

when measure on 5 years min occupation period was put in it is effective as it prevent speculative trade.
after the initial stop of speculative demand the effect is gone. but the supply got a hit as 5 years of resale flats is lockup.
may need to look at reducing the lock up years in steps. like 3 years lock up for resale, 5 years for bto.
in this way people will be more willing to buy resale before applying for bto. 
2 years of supply in the resale market will be released.
it will also help those who after buying a resale units has a changed in their situations and need to sell.
like oversea posting. environment not suitable for them etc. 5 years is a long time in a person life. good measure at the time of putting in, we are suffering from high price partly due to that now. how to softland from it? or still no actions?

[singlon]

still early days for rising prices
sotong tentacles has not cupped into the flesh
remember u own nothing and beri happy

[Ola]

With Recession round the corner

these people pay 10% or 20% more than average

No logic to me

[Stoki]

Very silly. Of course more launches after relaxation of strict covid rules and more people buying after almost non existent buying during covid clampdown.

[A2Z]

Govt must reign in redas developers.

[A2Z]

World is heading for a slowdown and all these buyers macam no care just buy buy buy. Is Spore property so good against coming recession? Redas developers keep laughing to the banks with our govt keep gaining huge stamp duty revenue.

[watchfirst9]

no know. got to ask hdb.  feeling that their operation need some adjustment.
each young family will hope to have a new house for a start of new family.
so if hdb view that 1m hdb is enough and build less there is a mis match.
the supply become resale (second hand recycle) but the demand is new flats.

in addition on the resale market. demand and supply also going mismatch.

returning/increasing pr may also cause demand surge.

the locking up of resale units for 5 years min occupation periods reduced supply on the resale market.

when measure on 5 years min occupation period was put in it is effective as it prevent speculative trade.
after the initial stop of speculative demand the effect is gone. but the supply got a hit as 5 years of resale flats is lockup.
may need to look at reducing the lock up years in steps. like 3 years lock up for resale, 5 years for bto.
in this way people will be more willing to buy resale before applying for bto. 
2 years of supply in the resale market will be released.
it will also help those who after buying a resale units has a changed in their situations and need to sell.
like oversea posting. environment not suitable for them etc. 5 years is a long time in a person life. good measure at the time of putting in, we are suffering from high price partly due to that now. how to softland from it? or still no actions?

Some people still think 
they are young , HDB resale flats are young,
economy still young.

[Sticw]

At the peak of AFC property market was red hot too.. until the liquidity all disappeared almost instantly... Do note that property prices lags about 7 quarters behind the stock market.

[sgproperties]

Yes Singapore home sales are increasing and condo, HDB prices & rental prices are also increasing.