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Noob questions on property


boonhat_91
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Buy land it will always go up in value

 

because God stopped making it years ago.

 

:D

Depends la. Just an example. Lots kennA conned by land banking.
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Depends la. Just an example. Lots kennA conned by land banking.

 

Yes depends on where the land is.

 

Buy land in Raffles Place.

 

Don't buy in Woodlands if its the same price

 

as Raffles Place.

 

A lot of land banking in the middle of no where

 

in Canada. 

 

:D

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Buy land it will always go up in value

 

because God stopped making it years ago.

 

:D

It also depend on where is this piece of land, lease and opportunity. The same investment may have better ROI elsewhere. Especially outside Singapore.

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Pretty sure talk on property here has high and low profile of people have had owned, flipped or even sold for profits, be it old walk up, 10-15 yo condo or even bigger scale of enbloc millionaires, leaves no stone unturned.

 

I'm sure there are some with great insights and vision better than T2 capabilities to see towards next century, where pig can fly and no road tax, all cars here will be tap of a button and cruise to your location. 

 

Can Singapore housing population be built underground due to land scarcity or increase plot ration to double it heights. We ought to find the right chemistry, " reshape and resize ", Idea are meant to be shared and improvised. . .  [:p]

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everyone knows your BP came down recently because the pressure is right in other places since you got hitched

you are a balanced Man now, finally  :a-happy:    

 

only cos some ppl refuse to search too?


i have since given up and my BP has come down to a decent level hahahahahaha

 

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Buy land it will always go up in value

 

because God stopped making it years ago.

 

:D

 

but some gov feel not enough.. so they do reclamation to get more.. 

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For most average guy, property is a roof over the heads for the family, not an investment. While you need to commits on something beyond your current saving, it should be within means with calculated risks. No way to save enough to buy it cash unless you belong to another group.

 

So, if you consider this an investment, it is always the correct one.

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Money makes the world goes round ... ð

 

But i prefer the world to be flat ð

hahaha ... even communism cannot treat everyone equally la ... lol Edited by Wt_know
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For most average guy, property is a roof over the heads for the family, not an investment. While you need to commits on something beyond your current saving, it should be within means with calculated risks. No way to save enough to buy it cash unless you belong to another group.

 

So, if you consider this an investment, it is always the correct one.

Which is the “another group” huh?

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Those with deep pocket or have many pockets. They relax, look at watches, cars and property, etc to pass time.

 

Buy or not is just shiok or not.

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Those with deep pocket or have many pockets. They relax, look at watches, cars and property, etc to pass time.

 

Buy or not is just shiok or not.

 

Oh, like the property thread crowd......

 

Understand now.

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I reckon we ( veteran and lao chiao ) frightened off the strawberry generation to post noob Qs here, simply we speak our long winded and bombastic english here. [laugh]

 

Those early days property pages is far and long, not easy for them to understand, I think. . .

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What happens when (starting) incomes keep growing but property prices stagnate or drop?

 

This already happened from 2000-2005. When we had too many homes and not enough buyers, and HDB took 7 years to sell out its housing stock.

 

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With technology advancement, the building of new BTOs nowadays is primarily based on actual subscription.

 

Gone are the days of queuing up physically for a chance to subscribe, and Govt build ahead of demand by anticipating demand, then release it for people to queue up for the slots to buy.

 

Nowadays, all checks (eligibility, finances) are done before one subscribes to a unit, and one suffers penalty of some form if the subscription is subsequently withdrawn. 

 

Selling of balance flats are also much more hassle free than in the past, depending on online subscription to register. In the past, one had to make a trip to HDB, collect a stack of the list of balance flats and their prices, then figure out where they are, before booking through HDB.

 

The building of new units is now tailormade to the actual demand. Reduction in BTO supply has already begun, although there are still basic numbers to be supplied.

 

 

This already happened from 2000-2005. When we had too many homes and not enough buyers, and HDB took 7 years to sell out its housing stock.
 

 

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