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Strong demand for 5-room BTO flats in Ang Mo Kio - Printable Version

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Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 31-08-2022

https://www.straitstimes.com/singapore/housing/strong-demand-for-5-room-bto-flats-in-ang-mo-kio-despite-prices-of-up-to-877k


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Blasterlord2 - 31-08-2022

I get very pissed off with our govt when I see these kinds of prices. Didn't they see what happened in HK when house prices rose faster than salary? Don't just look at short-term gains!


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 31-08-2022

(31-08-2022, 08:31 PM)Blasterlord2 Wrote:  I get very pissed off with our govt when I see these kinds of prices. Didn't they see what happened in HK when house prices rose faster than salary? Don't just look at short-term gains!

887k lol ....if you put it close to one million

Now, HDB is greedy, seller is greedy , property agent want to earn more commission , next resale flat mark at 1.5 million I also not surprise wow amazing can on par with Condo price


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - sgbuffett - 31-08-2022

870K by today's standards cheap like hot cakes.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 31-08-2022

(31-08-2022, 08:34 PM)sgbuffett Wrote:  870K by today's standards cheap like hot cakes.

lol cheap? than why you never go ballot? even if you single ok why never go get a resale ? Million dollar HDB resale flat also Cheap man.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - forum456 - 31-08-2022

This explains why PAP must import more foreigners to become PR to buy resale flats so that BTO flat price can remain high.

If there is no foreigner to become PR, there will be no demand for resale flats and resale flat price will drop.

Your high resale flat price is possible because PAP need to convert more foreigners into PR.

It means high flat price will mean more increase of foreigners in Singapore.

There is no free lunch


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - SgWinner - 01-09-2022

super premium hdb flat at prime location


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Cmpunk - 01-09-2022

(31-08-2022, 08:34 PM)sgbuffett Wrote:  870K by today's standards cheap like hot cakes.

Not marry of course cheap lah


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Cmpunk - 01-09-2022

(01-09-2022, 07:56 AM)Cmpunk Wrote:  Not marry and working of course cheap lah



RE: Strong demand for 5-room BTO flats in Ang Mo Kio - talky - 01-09-2022

many will regret deeply paying this price >800k


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Sline - 01-09-2022

(31-08-2022, 08:31 PM)Blasterlord2 Wrote:  I get very pissed off with our govt when I see these kinds of prices. Didn't they see what happened in HK when house prices rose faster than salary? Don't just look at short-term gains!

If you aren't buying, why care? Price $2 million the better


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Blasterlord2 - 01-09-2022

(01-09-2022, 08:50 AM)Sline Wrote:  If you aren't buying, why care? Price $2 million the better

That's what the hkers thought 10years ago too. You earn but future generations lose. This is what happened if you only look at short term gains.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Sharexchange - 01-09-2022

Price still low...take note Govt want to import 30K salary per month foreign talents liao...rising tide lift all boats


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - klat - 01-09-2022

(01-09-2022, 09:43 AM)Sharexchange Wrote:  Price still low...take note Govt want to import 30K salary per month foreign talents liao...rising tide lift all boats



For $30K salary, they dont mind paying $5K in rental. No need to buy condo unit


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Talent - 01-09-2022

(31-08-2022, 09:43 PM)forum456 Wrote:  This explains why PAP must import more foreigners to become PR to buy resale flats so that BTO flat price can remain high.

If there is no foreigner to become PR, there will be no demand for resale flats and resale flat price will drop.

Your high resale flat price is possible because PAP need to convert more foreigners into PR.

It means high flat price will mean more increase of foreigners in Singapore.

There is no free lunch

new PRs will buy
also take away our jobs


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - grotesqueness - 01-09-2022

that why brave UK voted BREXIT

UK no EU wouldn't die one


Singapore should learn
no PAP Singapore wouldn't die one


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 12:40 PM)grotesqueness Wrote:  that why brave UK voted BREXIT

UK no EU wouldn't die one


Singapore should learn
no PAP Singapore wouldn't die one

My Rich Uncle used to told me before, which is ALL ALONG IS TRUE.

He told me, Govt claim this and that never vote them , local GDP will drop, blah blah economics not good is totally BS.

He told me, all these are Businessowners, Corporations , CEO doing the work and the Stock Markets, Economics itself already have a " System " there.

Politicians just tag along that it.


You already mention, yea ,just go check past history , how many Ruling party has changed etc that countries GDP, Economics still going. Still good. Of course base on Global economics , " the system " of course you can't every day Bullish right ? Once a while need to be " bearish " or else how " the system keep going "


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - grotesqueness - 01-09-2022

najib corruption is just the same as Singapore corruption


just that Singapore got one party PAP monopoly corruption
malaysia has plenty of syndicate corruption not just one party


UK people knows how these corruption works and counter and expose it with changes in their election


people of singapore and malaysia do mot see all these problem

singapore and malaysia is selfish winner takes all loser just suck winner cocks and cunts


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - TalkingRabbit - 01-09-2022

ya i'm waiting for the next gundu to buy my current place. 
most likely foreigners/pr or new citizens.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 01:28 PM)TalkingRabbit Wrote:  ya i'm waiting for the next gundu to buy my current place. 
most likely foreigners/pr or new citizens.

surely is PR buy , like one of my relative sold his 5 rm at 900k++ before that he never want to sell got people also PR wanna offer 1 million. That time he never agreed as that time BTO flats been release he don't feel like it.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - grotesqueness - 01-09-2022

(01-09-2022, 01:30 PM)[[ForeverAlone]] Wrote:  surely is PR buy , like one of my relative sold his 5 rm at 900k++ before that he never want to sell got people also PR wanna offer 1 million. That time he never agreed as that time BTO flats been release he don't feel like it.

foreigners  buys over 1 millions dollars property get immediate PR


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 02:34 PM)grotesqueness Wrote:  foreigners  buys over 1 millions dollars property get immediate PR

HUH? Is PR CAN buy Resale flat BUT cannot Ballot New BTO flat.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - A2Z - 01-09-2022

HDB is selling at inflationary price because it also want to join to max profit just like the hawkers, supermart, ntuc fp etc.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 02:47 PM)A2Z Wrote:  HDB is selling at inflationary price because it also want to join to max profit just like the hawkers, supermart, ntuc fp etc.

the default pricing by HDB already ? 800k+

man you see how " cheapo" now Flat been build. pre mould casting just stack.
foreigner workers doing the construction in fact now no need so much due to this. Unlike the past, is bricks one by one stack to build up a HDB flat.

This is why old HDB flat last quite long , faults slowly come in is due to " aging " which is common.
Unlike now , you see new BTO flat just after one year or so , slowly leak here and there. Is DUE TO stacking

Of course there is pro and con

Come is time. Stacking can save lot of time and fast to build to finish within 5 years sometimes even faster by 4year you can go collect key.
BUT the EPIC , cost price is MORE yet you can expect just few years going to patch around call HDB patch here and there.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - webinarian - 01-09-2022

I just got my 4-room BTO at only $240,000 included a grant of $80,000.   

Haha. Cheap!!!   

.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 02:57 PM)webinarian Wrote:  I just got my 4-room BTO at only $240,000 included a grant of $80,000.   

Haha. Cheap!!!   

.

haha there is NO SUCH THING CALL " grant " , " Free " Remember LKY words. What free? Who create wealth? Look around you. Yea.

UNLESS YOU Are PR, flip your resale flat high just like Locals, once sold + Withdraw ALL MONEY. in the CPF BYE BYE TO SG Happy fully enjoy retirement back in motherland.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - talky - 01-09-2022

(01-09-2022, 12:40 PM)grotesqueness Wrote:  that why brave UK voted BREXIT

UK no EU wouldn't die one


Singapore should learn
no PAP Singapore wouldn't die one

NO ONE OR ANY PARTY IS INDISPENSABLE TO US


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Ola - 01-09-2022

(31-08-2022, 09:43 PM)forum456 Wrote:  This explains why PAP must import more foreigners to become PR to buy resale flats so that BTO flat price can remain high.

If there is no foreigner to become PR, there will be no demand for resale flats and resale flat price will drop.

Your high resale flat price is possible because PAP need to convert more foreigners into PR.

It means high flat price will mean more increase of foreigners in Singapore.

There is no free lunch


2 Arguments for this-

Buyers: So expensive means mostly FTs & PRs buy

Sellers: Who can be sure that they can sell the same BTO residence for $1Million 10 years later?
( 5 years wait + 5 years living in there)


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - [[ForeverAlone]] - 01-09-2022

(01-09-2022, 04:36 PM)Ola Wrote:  2 Arguments for this-

Buyers: So expensive means mostly FTs & PRs buy

Sellers: Who can be sure that they can sell the same BTO residence for $1Million 10 years later?
( 5 years wait + 5 years living in there)

Because everyone feel property price will increase,

Again these property companies selling again , Recently saw tv they got hold seminar yet again how to invest what to invest when to invest property

Now new rules , " Prime location need to own at least 8 years if I get it right the number " Not 5 years.


RE: Strong demand for 5-room BTO flats in Ang Mo Kio - Rubitin - 01-09-2022

(01-09-2022, 08:46 AM)talky Wrote:  many will regret deeply paying this price >800k

4yrs ago my friend bought $500k 28th flr at Clementi, own judgement don discourage nor encourage. chart don lie.