New property cooling measure!

[Wyfitms]

no sweat for rich PRC ...

read the news lately? the chinese govt implement cooling measure for household holding multiple properties

walao ... husband and wife all go file divorce and each one can hold 1 property to avoid tax ... sart !

 

chey.. copy singaporeans

 

we are the originators of divorcing to hold multiple pigeon holes.

[Thaiyotakamli]

Impose higher sales tax foe seller?

[Chucky2007]

Impose higher sales tax foe seller?

Don't lah... If property got en bloc, not owners fault

[Thaiyotakamli]

Don't lah... If property got en bloc, not owners fault

True, think if imposing tax will make price even jialat as its like cutting the supply and discourage ppl from selling their property

[Duckduck]

http://tdy.sg/10mVgXX

 

Lai liao. Garmen admits prices increased too fast n is gonna bring down home prices

[Galantspeedz]

bridging loan now only 20%?

[Chucky2007]

http://tdy.sg/10mVgXX

 

Lai liao. Garmen admits prices increased too fast n is gonna bring down home prices

Maybe ask NTUC Home to build $400psf condo? Anyway they are mentioning bringing down BTO flats first... It's time hdb earn less $$$. Got luck to hdb sellers at sengkang, sembawang, pioneer etc.. New BTO is gonna be cheap cheap.. May have impact on the resale hdb there.

[Maseratigood]

no one wants to kill property market ... the golden goose ... if the goose dead ... all hell breaks loose

 

car market is different ...

Maybe it's not to kill it but to prevent it from getting to hot and then burst.

 

If there is a way to allow much slower price hikes, ideally more or less matching the national income/salary growth rate, thus avoiding the boom and bust cycle as much as possible, we can then see a more stable property market, some call it a healthy and "sustainable" market.

[Wt_know]

that's what happening now ...

 

$300k-$500k bto

$500k-$600k resale hdb non mature estate

$800k-$1M resale hdb for mature estate

$1M for 99LH suburb condo

$2M for 99LH ccr condo

 

this is the sustainable market rate liao and it's creeping up slowly as you said

 

so ... is this correlate with economy and national income/salary growth?

 

Maybe it's not to kill it but to prevent it from getting to hot and then burst.

 

If there is a way to allow much slower price hikes, ideally more or less matching the national income/salary growth rate, thus avoiding the boom and bust cycle as much as possible, we can then see a more stable property market, some call it a healthy and "sustainable" market.

Edited March 11, 2013 by Wt_know

[Roh96]

Maybe ask NTUC Home to build $400psf condo? Anyway they are mentioning bringing down BTO flats first... It's time hdb earn less $$$. Got luck to hdb sellers at sengkang, sembawang, pioneer etc.. New BTO is gonna be cheap cheap.. May have impact on the resale hdb there.

 

Yeah, one way is to cut off the upward push. By pressing HDB prices down, private properties will suffer as there will be lesser upgrader.

[Roh96]

that's what happening now ...

 

$300k-$500k bto

$500k-$600k resale hdb non mature estate

$800k-$1M resale hdb for mature estate

$1M for 99LH suburb condo

$2M for 99LH ccr condo

 

this is the sustainable market rate liao and it's creeping up slowly as you said

 

so ... is this correlate with economy and national income/salary growth?

 

Seems like everyone is accepting this level liao. When i ask around, no one seems to believe property will ever come down, all say 6.9M coming how to come down. This is scary.

[Wt_know]

ah khaw said want to bring down the prices to 4 years salary

 

$6K ($3K per pax) x 12 x 4 = $288K

$8k x 12 x 4 = $384K

$10K x 12 x 4 = $480K

 

are these the target?

 

http://tdy.sg/10mVgXX

 

Lai liao. Garmen admits prices increased too fast n is gonna bring down home prices

Edited March 11, 2013 by Wt_know

[Galantspeedz]

that's what happening now ...

 

$300k-$500k bto

$500k-$600k resale hdb non mature estate

$800k-$1M resale hdb for mature estate

$1M for 99LH suburb condo

$2M for 99LH ccr condo

 

this is the sustainable market rate liao and it's creeping up slowly as you said

 

so ... is this correlate with economy and national income/salary growth?

 

per sqft price is a better indication

[Mockngbrd]

ah khaw said want to bring down the prices to 4 years salary

 

$6K ($3K per pax) x 12 x 4 = $288K

$8k x 12 x 4 = $384K

$10K x 12 x 4 = $480K

 

are these the target?

if 4yr salary, then 2room flat for singles is 240k liao. siao boh.

[Wt_know]

$5k is the top

probably using $3k-$3.5K x 12 x 4 = $144K-$168K ... huat ah!

 

if 4yr salary, then 2room flat for singles is 240k liao. siao boh.

 

[Felipe]

Maybe it's not to kill it but to prevent it from getting to hot and then burst.

 

If there is a way to allow much slower price hikes, ideally more or less matching the national income/salary growth rate, thus avoiding the boom and bust cycle as much as possible, we can then see a more stable property market, some call it a healthy and "sustainable" market.

of cos not kill la.

 

just increase interest rates cfm chop will kill. the longer the measures, the less it will kill, but simply cool.

[Wt_know]

ah khaw said new bto is aimed to be 30% cheaper

ie $400k become $280k

so 2010-2012 bto owner will be sibei dulan?

[Duckduck]

of cos not kill la.

 

just increase interest rates cfm chop will kill. the longer the measures, the less it will kill, but simply cool.

 

increasing rates wont kill, global recession n resultant job loss will. in 2006-2007, rates were already going up but pple still buying property. Then soon after collapse those who bot at high rates plus price kena sai. Itll happen again just watch.