Scb11980 1st Gear December 21, 2011 Share December 21, 2011 Unit at The Marq sets S$6,850 psf record 20 Dec 2011 PropertyGuru The recent cooling measures which require foreigners buying private property in Singapore to fork out an additional 10 percent stamp duty, is expected to curb skyrocketing property prices. And if recent transacted prices at certain luxury developments are anything to go by, the new measures could not have come at a better time. A prime example is The Marq on Paterson Hill. The latest deal involved a 2,950 sq ft unit on a high floor which was sold to a European buyer for a whopping S$6,850 psf, a new record for Singapore ↡ Advertisement Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear December 21, 2011 Share December 21, 2011 Unit at The Marq sets S$6,850 psf record 20 Dec 2011 PropertyGuru The recent cooling measures which require foreigners buying private property in Singapore to fork out an additional 10 percent stamp duty, is expected to curb skyrocketing property prices. And if recent transacted prices at certain luxury developments are anything to go by, the new measures could not have come at a better time. A prime example is The Marq on Paterson Hill. The latest deal involved a 2,950 sq ft unit on a high floor which was sold to a European buyer for a whopping S$6,850 psf, a new record for Singapore Link to post Share on other sites More sharing options...
Duckduck Turbocharged December 21, 2011 Share December 21, 2011 Unit at The Marq sets S$6,850 psf record 20 Dec 2011 PropertyGuru The recent cooling measures which require foreigners buying private property in Singapore to fork out an additional 10 percent stamp duty, is expected to curb skyrocketing property prices. And if recent transacted prices at certain luxury developments are anything to go by, the new measures could not have come at a better time. A prime example is The Marq on Paterson Hill. The latest deal involved a 2,950 sq ft unit on a high floor which was sold to a European buyer for a whopping S$6,850 psf, a new record for Singapore Link to post Share on other sites More sharing options...
W210k 1st Gear December 21, 2011 Share December 21, 2011 Available land bank is fixed. Population is growing real fast. Demand for a roof grows in tandem - be it owner-occupied, or tenanted. (same analogy to rising COEs from growing demand for car ownership or rental ... cos both will push up COE prices) FTs pouring in with cash in hand. Tell me, how can property prices come down significantly, if at all? Link to post Share on other sites More sharing options...
Neost 6th Gear December 21, 2011 Share December 21, 2011 Already spotted some fire sale properties. Bank sale should be coming . Happy New Year properties shopping Bro, where to look for fire sales and bank sales property? I very keen to take a look at such properties Thx Link to post Share on other sites More sharing options...
Itsec 2nd Gear December 21, 2011 Share December 21, 2011 US just pass a bill of 1 Trillion... who knows the $$ already reach our shore... as long as US continue to print... some of the $$ will reach asia, and SG is definitely one of the targeted country due to its currency / financial stability dont be fooled by few exceptional cases Link to post Share on other sites More sharing options...
Sabbie Clutched December 21, 2011 Share December 21, 2011 Faster buy!!! we have a few resident agents here like ASD78, JJ5566 and Serene79....think they got good properties to sell? Link to post Share on other sites More sharing options...
Duckduck Turbocharged December 21, 2011 Share December 21, 2011 when the trade is crowded, upside is limited. next few yrs will be stale action. good for long term planning but dont expect big prices seen last few years. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic December 21, 2011 Share December 21, 2011 the only one that win is Gahmen collecting the extra $tamp duties. Link to post Share on other sites More sharing options...
Jj5599 1st Gear December 21, 2011 Share December 21, 2011 You want for own stay? Link to post Share on other sites More sharing options...
Sabbie Clutched December 21, 2011 Share December 21, 2011 You want for own stay? For investment, still waiting for you to PM me commercial properties that no need to pay GST! Link to post Share on other sites More sharing options...
Wt_know Supersonic December 21, 2011 Share December 21, 2011 this one is double confirmed la ... if not why so many policy use '$$$' to curb and control the only one that win is Gahmen collecting the extra $tamp duties. Link to post Share on other sites More sharing options...
Jj5599 1st Gear December 21, 2011 Share December 21, 2011 Emm..that you got to buy from a non-registered GST seller..ahhaha Link to post Share on other sites More sharing options...
Sabbie Clutched December 21, 2011 Share December 21, 2011 Emm..that you got to buy from a non-registered GST seller..ahhaha I know, that's why ask you got or not what....hey....you fly by night agent isit? Link to post Share on other sites More sharing options...
Jj5599 1st Gear December 21, 2011 Share December 21, 2011 All individual sellers re-selling should be non-GST registered bro, but they will sure factor in the GST they paid for to the selling price. Link to post Share on other sites More sharing options...
Viceroymenthol 6th Gear December 21, 2011 Share December 21, 2011 Already tell you all liao. When there is still SO MUCH INTEREST in property and everybody is waiting for prices to drop so that they can buy, the prices won't drop much if at all. You see, this interest still represents great demand. If i remember correctly, the only time prices crashed was when NOBODY wanted them. I remember back in 2002 to 2005, the market was so bad that developers were literally begging you to buy their condos, giving discounts left and right. Showrooms were empty. And this was back when 20% was enough for downpayment, only buyers 3% stamp duty, no penalty for flipping. Link to post Share on other sites More sharing options...
Sabbie Clutched December 21, 2011 Share December 21, 2011 Already tell you all liao. When there is still SO MUCH INTEREST in property and everybody is waiting for prices to drop so that they can buy, the prices won't drop much if at all. You see, this interest still represents great demand. If i remember correctly, the only time prices crashed was when NOBODY wanted them. I remember back in 2002 to 2005, the market was so bad that developers were literally begging you to buy their condos, giving discounts left and right. Showrooms were empty. And this was back when 20% was enough for downpayment, only buyers 3% stamp duty, no penalty for flipping. What to do? so many rich people with tons of cash lying around, you see this forum enough leow, many people so interested and waiting to buy Link to post Share on other sites More sharing options...
Sabbie Clutched December 21, 2011 Share December 21, 2011 All individual sellers re-selling should be non-GST registered bro, but they will sure factor in the GST they paid for to the selling price. then how? you can help me set up a gst registered company? ↡ Advertisement Link to post Share on other sites More sharing options...
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