Mercs Hypersonic December 29, 2018 Share December 29, 2018 https://sg.news.yahoo.com/singapore-districts-highest-property-growth-2018-014832293.html Singapore districts with the highest property growth in 2018 Dec 28, 2018 ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 29, 2018 Share December 29, 2018 Jan to Dec 2018 2 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 29, 2018 Share December 29, 2018 Super HUAT (524% profit) https://www.edgeprop.sg/property-news/balmoral-gardens-unit-tops-gains-2018 Balmoral Gardens unit tops gains for 2018 Dec 29, 2018 The seller of a unit at Balmoral Gardens, on Balmoral Road in District 10, made the top gain of $9.17 million over the period of Jan 1 to Dec 4. The 4,758 sq ft unit on the third floor was bought for $1.75 million ($368 psf) in November 2002, and sold for $10.9 million ($2,295 psf) on May 4. The seller reaped a 524% profit. 4 Link to post Share on other sites More sharing options...
F10_Blackhawk 4th Gear December 29, 2018 Share December 29, 2018 Super HUAT (524% profit) https://www.edgeprop.sg/property-news/balmoral-gardens-unit-tops-gains-2018 Balmoral Gardens unit tops gains for 2018 Dec 29, 2018 What I find even more amazing is the 23% annualised gain of the Urban Resot unit....bought in 2016 still can make so much gain.....even after considering SSD or max ABSD lol. Well done! 1 Link to post Share on other sites More sharing options...
therock Supersonic December 30, 2018 Share December 30, 2018 https://www.straitstimes.com/singapore/housing/four-room-hdb-resale-flats-cross-1m-mark-in-tiong-bahru 1 million... For the first time, regular four-room Housing Board flats have been resold for more than $1 million. At least four such transactions have taken place since September and they are all for flats in the same cluster in Tiong Bahru. The flats are in three 40-storey blocks in Boon Tiong Road. While they might be part of Singapore's oldest housing estate, these flats are less than three years old. That is because they are replacement flats built under the Selective En bloc Redevelopment Scheme (Sers). Owners of such flats can sell them seven years from the time they picked their replacement homes, which explains the long remaining lease of 96 years. The long lease, the flats' attractive location in a hip neighbourhood and their relatively higher floors ranging from the 34th to 39th, are among the factors that could account for the eye-watering prices, said analysts. The flats are also just across the street from Tiong Bahru Plaza, the MRT station and other amenities. 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic December 30, 2018 Share December 30, 2018 https://www.straitstimes.com/singapore/housing/four-room-hdb-resale-flats-cross-1m-mark-in-tiong-bahru 1 million... sup sup water ...i repeat sup sup water sporens full with water all shall shout cheap cheap 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic December 30, 2018 Share December 30, 2018 sup sup water ... i repeat sup sup water sporens full with water all shall shout cheap cheap Confirm stamp and chop Whats $1mil in todays context? Pwui....Saliva = Suey + sup sup Singaporeans huat ah! Dont have? Nevermind Join me and my peasant group lor We find joy in joblessness and simple living 1 Link to post Share on other sites More sharing options...
BanCoe Hypersonic December 30, 2018 Share December 30, 2018 https://sg.finance.yahoo.com/news/top-5-singapore-projects-highest-foreign-interest-2018-021020309.html Top 5 Singapore property projects with highest foreign interest in 2018 Dec 26, 2018 I guess this prices don’t include the 15% ABSD to factor in which would push the price up by another $350-$500+ 2 Link to post Share on other sites More sharing options...
Showster Twincharged December 30, 2018 Share December 30, 2018 https://www.straitstimes.com/singapore/housing/four-room-hdb-resale-flats-cross-1m-mark-in-tiong-bahru 1 million... To be frank, I also find the prices super high. Upgrading is very very tough... 2 Link to post Share on other sites More sharing options...
Icedbs Turbocharged December 30, 2018 Share December 30, 2018 (edited) What I find even more amazing is the 23% annualised gain of the Urban Resot unit....bought in 2016 still can make so much gain.....even after considering SSD or max ABSD lol. Well done! Because he bought it at an exceptional low price in Feb 2016. The average psf for Urban resort 4 bedder at the end of 2015 is $2301 but he bought the unit at $1800++psf. The reason being that for some reason, another unit was sold in Feb 2016 for $1779psf. So this particular unit probably has to follow more of less than same $psf in order to sell. So the buyer in my opinion, is either extremely savvy or has an agent who does the value analysis and know his numbers well. Edited December 30, 2018 by Icedbs 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 30, 2018 Share December 30, 2018 What I find even more amazing is the 23% annualised gain of the Urban Resot unit....bought in 2016 still can make so much gain.....even after considering SSD or max ABSD lol. Well done!Yup the rich get richer, just holding 2.4yrs profit $5.4mil where to find...and if assuming DP of 30-50%, profit easily above 100% return on capital outlay. Huat ah! 'SG property, always ideal to stay vested' 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 30, 2018 Share December 30, 2018 I guess this prices don’t include the 15% ABSD to factor in which would push the price up by another $350-$500+Should be, still "cheap" as compared to asia region ... and we all know why 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 30, 2018 Share December 30, 2018 Check out the absolute price and psf ... huat ah! https://www.edgeprop.sg/property-news/surge-top-end-prices-2018 Surge in luxury condo prices for 2018 Dec 30, 2018 5 Link to post Share on other sites More sharing options...
Hyruga 1st Gear December 30, 2018 Share December 30, 2018 Because he bought it at an exceptional low price in Feb 2016. The average psf for Urban resort 4 bedder at the end of 2015 is $2301 but he bought the unit at $1800++psf. The reason being that for some reason, another unit was sold in Feb 2016 for $1779psf. So this particular unit probably has to follow more of less than same $psf in order to sell. So the buyer in my opinion, is either extremely savvy or has an agent who does the value analysis and know his numbers well. Or the buyer just has the Balls to buy when many people do not dare to buy. 4 Link to post Share on other sites More sharing options...
Wt_know Supersonic December 30, 2018 Share December 30, 2018 Yup the rich get richer, just holding 2.4yrs profit $5.4mil where to find... and if assuming DP of 30-50%, profit easily above 100% return on capital outlay. Huat ah! 'SG property, always ideal to stay vested' 1% rules ... has always been ... 5000 years ago and 5000 years more 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic December 30, 2018 Share December 30, 2018 Just saw msia cutting tax to clear over supply of housing. 6 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged December 30, 2018 Share December 30, 2018 https://www.scmp.com/week-asia/politics/article/2179083/what-rising-interest-rates-mean-singapore-property WHAT RISING INTEREST RATES MEAN FOR SINGAPORE PROPERTY Dec 25, 2018 will there be a correction soon in the property market.? seeing the 8% vacancy seems alot of unit. At the same time, the land bank has also been released at a slower rate. I suppose the uptick may not be as aggressive for 2019. 3 Link to post Share on other sites More sharing options...
Wt_know Supersonic December 31, 2018 Share December 31, 2018 will there be a correction soon in the property market.? seeing the 8% vacancy seems alot of unit. At the same time, the land bank has also been released at a slower rate. I suppose the uptick may not be as aggressive for 2019. hearsay, property falls behind 6-months compare to stocksif stock cui ... property only cui 6-months later? ↡ Advertisement Link to post Share on other sites More sharing options...
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