Singapore home sales hit six-month high
#4

(16-06-2022, 12:17 AM)watchfirst9 Wrote:  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?
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Messages In This Thread
Singapore home sales hit six-month high - by Bigiron - 15-06-2022, 07:10 PM
RE: Singapore home sales hit six-month high - by sclim - 15-06-2022, 08:25 PM
RE: Singapore home sales hit six-month high - by watchfirst9 - 16-06-2022, 12:17 AM
RE: Singapore home sales hit six-month high - by sclim - 16-06-2022, 08:08 AM
RE: Singapore home sales hit six-month high - by watchfirst9 - 16-06-2022, 10:41 PM
RE: Singapore home sales hit six-month high - by singlon - 16-06-2022, 08:47 AM
RE: Singapore home sales hit six-month high - by Ola - 16-06-2022, 10:55 AM
RE: Singapore home sales hit six-month high - by Stoki - 16-06-2022, 11:46 AM
RE: Singapore home sales hit six-month high - by A2Z - 16-06-2022, 01:56 PM
RE: Singapore home sales hit six-month high - by A2Z - 16-06-2022, 04:08 PM
RE: Singapore home sales hit six-month high - by Sticw - 16-06-2022, 10:49 PM
RE: Singapore home sales hit six-month high - by sgproperties - 18-06-2022, 01:07 PM

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