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pChou

Singapore Private Property prices still up or down? Part III

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18 hours ago, Starry said:

His post mostly property news  and property information links in a property thread......not spam what. Quite informative.

Please don't tell him what he misses, he prefers empty talk since this thread started from Singapore Private Property prices still up or down? 

I wonder why they got so many empty talks.

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35-40 years is a very long time. Buy a property for investment at 30 years old (very few people can do that nowadays by themselves) and only fully repay at age 65-70 years. There are not that many years left to enjoy the fruits of labour.

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1 minute ago, awhtc said:

35-40 years is a very long time. Buy a property for investment at 30 years old (very few people can do that nowadays by themselves) and only fully repay at age 65-70 years. There are not that many years left to enjoy the fruits of labour.

You don't need to wait 35-40 years to cash out, private property 3 years can cash out.

If this is your only 1 property you can even cash out after CSC.

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Tulip Mania is often cited as the classic example of a financial bubble: when the price of something goes up and up, not because of its intrinsic value, but because people who buy it expect to be able to sell it again at a profit.

https://www.bbc.com/news/business-51311368

 

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Some people just need to wait while some just cannot wait.

image.thumb.png.f3a693c53e418f485e08ea0034b8625e.png

📣Last 2 units to go : 
As at 18-11-2020

#06-07 797sqft 3 Bed compact $1,720,000

#14-07 797sqft 3 bed compact $1,760,000 Sold

#19-07 797sqft 3 bed compact $1,788,000 Sold

#06-02 958sqft 3 bed premium $2,009,000

The Linq @ Beauty World (Sales Gallery)

Hi all, our showflat virtual video tour link.

URL: https://www.tubear.co/3d-model/the-linq-beauty-world-sales-gallery/fullscreen/

3 Bedroom, Type C1
URL: https://www.tubear.co/3d-model/3-bedroom-type-c1/fullscreen/

4 Bedroom, Type E
URL: https://www.tubear.co/3d-model/4-bedroom-type-e/fullscreen/

image.thumb.png.322b03ee4a5b43e9dbf9d4bbcfae18a9.png

image.png.a5f17482fcbd8c4b37394e39779475ae.png

image.png.571710bebfc0aefe6683a0061b9eb26e.png

 

 

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In 1941, a 641,148 sq ft freehold land parcel at Coronation Road was valued at four cents psf, or a total of $25,646

https://www.edgeprop.sg/property-news/knight-frank’s-past-present-and-future

SINGAPORE: In 1941, a 641,148 sq ft freehold land parcel at Coronation Road was valued at four cents psf, or a total of $25,646, according to a table of valuation records prior to World War II published by Knight Frank in its latest book, The Evolution of Real Estate — Journey to the Past and Future: from 1940 to 2015”, commemorating the firm’s 75th anniversary.

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According to records kept by the firm, in a public auction in 1952, a 99-year leasehold 10,000 sq ft vacant land parcel on Shenton Way was sold for just $22 psf, or a grand total of $220,000.

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