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Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - Printable Version

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Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - sgbuffett - 03-04-2024




RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - forum456 - 03-04-2024

(03-04-2024, 07:50 PM)sgbuffett Wrote:  Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop

His whole analysis is totally wrong.
The increase in price is due to increase of population by importing foreigners.

The rising price is due to foreign PR buying the resale flats.
Most of the $1 million resale flats are bought by PRs.

The govt just needs to stop approving PR application, the resale price will drop.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - [[ForeverAlone]] - 03-04-2024

Again SGBUTT post Loo crap video. Pls go see MORE on establish Financial experts rah Not these type wanna be just because tag with PAP.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - forum456 - 03-04-2024

hdb resale price can only go up when the population is increased.

once population is decreasing, the resale price will drop.
local people will not pay $million for resale flat when they can apply for new flat for less than $500K.

when the resale price is going up means our population number is increasing a lot than expected.

by year end, our population may hit 6 to 7 milllions.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Ola - 03-04-2024

That is why PAP die die must make Citizens jobless

so that property prices keep going up

Job growth for locals shows bringing in global talent not a zero-sum game: Tan See Leng | The Straits Times


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - moonrab - 03-04-2024

Go Up or Down, people still complain 🤣🤣🤣


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Blasterlord2 - 03-04-2024

No way the prices will go up non-stop. Have you seen anything that goes on forever?

The population growth in Spore will stop one day, and with it, the prices of houses will come down.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - watchfirst9 - 03-04-2024

(03-04-2024, 08:37 PM)[[ForeverAlone]] Wrote:  Again SGBUTT post Loo crap video. Pls go see MORE on establish Financial experts rah Not these type wanna be just because tag with PAP.

normally restrict by wage growth and demand but if SGD depreciate against commodities.
it can still go up. Inflation is robbing the saver.

Can it be stopped, can, as like financial crisis like 1998 and 2008 case
or when leased is up. 
Also another factor few consider that is how long can republic last,
ave poll is 90 years, and median is lower. 
Which means most new buildings will not see 99 lease ends if base regional 500 years history.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Ernesto - 03-04-2024

Resale flat should have salary ceiling cap just like the new HDB. If a person has so much cash to purchase,its questionable. Whether its money laundering or just speculating.If the authority is not having any control system, its just they are damn lazy to work to keep our country in order ....


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Buffybuffy - 03-04-2024

Eh… I no need to be CEO or Econs 1st class also can tell housing pricing only heads north.

It’s like tell the world mother is a female.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - WhatDoYouThink! - 03-04-2024

(03-04-2024, 09:01 PM)moonrab Wrote:  Go Up or Down, people still complain 🤣🤣🤣

Up - cham, going up liao
Down - cham, going down liao
Sideway - cham, going sideway liao

There's no end to it


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Ernesto - 03-04-2024

Just like Age keep going up.....end up a person has to die!
Its nothing really good when the essential item keep going up. Majority will pay a heavy price!


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Niubee - 03-04-2024

at this humid weather, more trees will cut down for properties. Super hot...


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - watchfirst9 - 03-04-2024

(03-04-2024, 09:48 PM)Ernesto Wrote:  Resale flat should have salary ceiling cap just like the new HDB. If a person has so much cash to purchase,its questionable. Whether its money laundering or just speculating.If the authority is not having any control system, its just they are damn lazy to work to keep our country in order ....

Two crisis we face birth rate at epic low, and risk come with LRT open to JB 
is cushion by PRs number increasing.

Now we have to see if financial crisis is round the corner.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Ernesto - 03-04-2024

(03-04-2024, 10:08 PM)watchfirst9 Wrote:  Two crisis we face birth rate at epic low, and risk come with LRT open to JB 
is cushion by PRs number increasing.

Now we have to see if financial crisis is round the corner.

Our country matter of time will be a "money laundry " place for  the crooks where true Singapore breed citizen will be rare.Legally right doesn't mean its morally right.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - exhwz23 - 04-04-2024

This is obvious.

Price will nvr fall. Maybe wait another 50 or 60 years then hope for that.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - victortan - 04-04-2024

(03-04-2024, 08:33 PM)forum456 Wrote:  His whole analysis is totally wrong.
The increase in price is due to increase of population by importing foreigners.

The rising price is due to foreign PR buying the resale flats.
Most of the $1 million resale flats are bought by PRs.

The govt just needs to stop approving PR application, the resale price will drop.
correct, and also allowing foreigner to buy up most of the pte properties.

Those foreigner love to put their money in this so call safe haven, sillypore. also our land is small,  and they push up pte properties in turn
push up prices of hdb flat....

only way is to stop foreigner form buying? but that will cause property developer and construction instand death.
and also they will get less revenue for stamp fee and etc..

not easy task to do this job..both way also dies.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - victortan - 04-04-2024

(04-04-2024, 12:38 AM)exhwz23 Wrote:  This is obvious. 

Price will nvr fall.  Maybe wait another 50 or 60 years then hope for that.

another 50 to 60 yrs, the price will be on pluto.. dont buy now if u can..

small island can only go higher,, best investment is property...


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - victortan - 04-04-2024

(03-04-2024, 09:10 PM)Blasterlord2 Wrote:  No way the prices will go up non-stop. Have you seen anything that goes on forever?

The population growth in Spore will stop one day, and with it, the prices of houses will come down.

it will be like dow chart... it will crash but nvr below the previous high. and the price is up and up from left to right...


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - victortan - 04-04-2024

(03-04-2024, 07:50 PM)sgbuffett Wrote:  
what just because he is CEO and 1st class so what? very smart to make youtube video???

fxxk him, dont whorship educated and high philosophy people, their brain are all straight forward and blind devoted.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - [[ForeverAlone]] - 04-04-2024

(03-04-2024, 09:12 PM)watchfirst9 Wrote:  normally restrict by wage growth and demand but if SGD depreciate against commodities.
it can still go up. Inflation is robbing the saver.

Can it be stopped, can, as like financial crisis like 1998 and 2008 case
or when leased is up. 
Also another factor few consider that is how long can republic last,
ave poll is 90 years, and median is lower. 
Which means most new buildings will not see 99 lease ends if base regional 500 years history.

Actually Govt itself got give Caution to those will be buyers to think carefully due to current and future " uncertain ". Sound like Govt is giving an indirect hint. Currently why still got buyers partly due to PR too not just locals. PR most likely will buy a property than renting from Local. If do a math is wiser to buy a resale flat than rent a whole unit. Next rent also not cheap either.

Because all locals just want to rent high beside sell high at resale market. Even current Govt set new rules come BTO flats in prime area , extend from 5 years to now 8 years if you intend to sell or rent out. This new regulation I don't feel that impact. Some don't mind just park there empty keep it as an asset.

Side note in fact on the other hand quite a lot investors stop hiring too much workers. I got this relative rent to Malaysians. Is a sister and bro. The bro no need stay in SG work as the company allow him WFH and even pay him SIN dollar , wage remind the same nothing change. Now he go back MY WFH yet enjoy been paid in SIN dollar. OF course that depend which industries and the job scope as this guy is on IT side thus the company can assign him WFH and even no come in SG.

Next company also can save office rental , now office rental also sky rocking which even make some investors skip SG , they must well go MY since near SG or Vietnam set up their office or even production plants. Labour wise also cheaper than SG.

This is why you see production is getting lesser and lesser in SG. Now Most foreigner business are just a Small office in SG oversee SEA , Asia operation. Just assign few staffs that it.

Current a lot foreigners come are dealing with F&B , Nurse , Construction, Cleaner, Security , lastly production.

Those high level ones obviously are Foreigner Talents doing it beside Locals.

This is why HDB resale price still haven't cash , likewise for Condo and Landed house . Now is quite balance in the same one side want to sell off even in losses another side is want to buy " that is PR " or those Locals downgrade from Condo or landed house. " They can fork out Million to buy a good location BTO or even Resale flat.

Just one of my Uncle he sold his flat in prime location at 900K++ few years back to a PR , this guy is a Malaysian and wife is a Japanese. Before that they are people willing to fork 1 million for his unit but my uncle that time cannot sell even he agreed partly he cannot get another place.

This time he managed to sold off because he managed to ballot got a BTO flat at Punggol.

Just today , I saw UOB the CEO daughter bought a landed house value at 35 million. Obviously she don't mind buying hello His dad is CEO of a bank there.

Whereas on the other side I see quite a lot Rich people trying to sell off their landed house , recently got one landed house at Sentosa coven the owner already selling in a loss yet till now no body interest to buy.

I also see that news on one Luxury penthouse at Orchard Rd , also the selling price cut till now no body buy.


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Jinwului - 04-04-2024

strange cos if hdb price goes up non-stop, what about condo and landed properties.....surely it will push private properties price even higher and they are the ones laughing to the bank


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - Blasterlord2 - 04-04-2024

(04-04-2024, 01:37 AM)[[ForeverAlone]] Wrote:  Actually Govt itself got give Caution to those will be buyers to think carefully due to current and future " uncertain ". Sound like Govt is giving an indirect hint. Currently why still got buyers partly due to PR too not just locals. PR most likely will buy a property than renting from Local. If do a math is wiser to buy a resale flat than rent a whole unit. Next rent also not cheap either.

Because all locals just want to rent high beside sell high at resale market. Even current Govt set new rules come BTO flats in prime area , extend from 5 years to now 8 years if you intend to sell or rent out. This new regulation I don't feel that impact. Some don't mind just park there empty keep it as an asset. 

Side note in fact on the other hand quite a lot investors stop hiring too much workers. I got this relative rent to Malaysians. Is a sister and bro. The bro no need stay in SG work as the company allow him WFH and even pay him SIN dollar , wage remind the same nothing change. Now he go back MY WFH yet enjoy been paid in SIN dollar. OF course that depend which industries and the job scope as this guy is on IT side thus the company can assign him WFH and even no come in SG.

Next company also can save office rental , now office rental also sky rocking which even make some investors skip SG , they must well go MY since near SG or Vietnam set up their office or even production plants. Labour wise also cheaper than SG.

This is why you see production is getting lesser and lesser in SG. Now Most foreigner business are just a Small office in SG oversee SEA , Asia operation.  Just assign few staffs that it.

Current a lot foreigners come are dealing with F&B , Nurse , Construction, Cleaner, Security , lastly production.

Those high level ones obviously are Foreigner Talents doing it beside Locals.

This is why HDB resale price still haven't cash , likewise for Condo and Landed house . Now is quite balance in the same one side want to sell off even in losses another side is want to buy " that is PR " or those Locals downgrade from Condo or landed house. " They can fork out Million to buy a good location BTO or even Resale flat.

Just one of my Uncle he sold his flat in prime location at 900K++ few years back to a PR , this guy is a Malaysian and wife is a Japanese.  Before that they are people willing to fork 1 million for his unit but my uncle that time cannot sell even he agreed partly he cannot get another place.

This time he managed to sold off because he managed to ballot got a BTO flat at Punggol.

Just today , I saw UOB the CEO daughter bought a landed house value at 35 million. Obviously she don't mind buying hello His dad is CEO of a bank there.

Whereas on the other side I see quite a lot Rich people trying to sell off their landed house , recently got one landed house at Sentosa coven the owner already selling in a loss yet till now no body interest to buy.

I also see that news on one Luxury penthouse at Orchard Rd , also the selling price cut till now no body buy.

Bro, can use skillsfuture money to attend English course?


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - ysh02 - 04-04-2024

Can understand the wording okay liow....no GEO level exam here lah....


RE: Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - K88 shu shu - 04-04-2024

knn why this kumgong butt always promote the lao unker video?

is he pay to do it?


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - winbig - 04-04-2024

(04-04-2024, 02:21 AM)Blasterlord2 Wrote:  Bro, can use skillsfuture money to attend English course?

Rotfl Rotfl Rotfl


RE: Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - K88 shu shu - 04-04-2024

(04-04-2024, 02:21 AM)Blasterlord2 Wrote:  Bro, can use skillsfuture money to attend English course?

(04-04-2024, 07:18 AM)winbig Wrote:  Rotfl Rotfl Rotfl

lol


RE: Former Singaporean CEO & Econs 1st Class Hons : HDB flats will go up non stop - sgbuffett - 04-04-2024

(03-04-2024, 08:33 PM)forum456 Wrote:  His whole analysis is totally wrong.
The increase in price is due to increase of population by importing foreigners.

The rising price is due to foreign PR buying the resale flats.
Most of the $1 million resale flats are bought by PRs.

The govt just needs to stop approving PR application, the resale price will drop.

His analysis is right. Because he explains the time lag sales of private property owners then exactly at the waiting time expiry of waiting time HDB start climbing.

This does not contradict the influx of foreigners explanation. Foreigners come in they may not take up PR and need to buy propeprty to live in they will go for private property.


RE: Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - WhatDoYouThink! - 04-04-2024

What goes up must come down. It's even more so for 99lh.

In this case the downturning point is pushed forward for several factors and may accelerate when these factors diminish

You dun need a 1st class honors in econ to understand it, just some common sense will do


RE: Singaporean ex-CEO & Econs 1st Class Hons : HDB flats will go up non stop - p1acebo - 04-04-2024

Handbag Loo said he was a property agent before too. So the question is when… before or after Sinktel? Wink