Jump to content
Sgcarmart Trusted Brand Showcase - Jack Cars at Katong i12 from 22 to 28 Apr 2024 ×

Singapore Private Property prices still up or down? Part III

pChou

By pChou,
in Property Buzz

 Share

Recommended Posts

therock

therock

Supersonic

That would make the outskirts even worse and less desirable.

 

For those who work in the CBD, living near the office is still desirable - less commuting time, less driving time, more time with family, more free time to explore interest, gym, running etc. Just because the govt increase plot ratio doesn't mean there will be a supply glut. The building owners must bite first.

 

In Singapore, the lowest population density is in the CBD area. Supply is so scarce with only 3000 units. 20k units under the full capacity is not a lot to be honest. A typical HDB town could be 10x more. So even if the entire 20k comes online in CBD, this is still a small fraction of SG population of 5m (and growing).

 

Great Southern Waterfront and CBD is the most exciting thing coming out of this masterplan. The rest is just bleh.

So what’s your take on the Southern waterfront?
Link to post
Share on other sites
Showster

Showster

Twincharged
(edited)

As expected..

 

Private home prices fell 0.6% in Q1: URA

 

Read more at https://www.channelnewsasia.com/news/singapore/private-home-prices-decline-in-first-quarter-of-2019-11398666

Still great news for the bulk of OCR owners.

 

Time to upgrade?

 

Certainly not so good news for the bulk of upgraders.

 

What are you interested to buy since tracking it so closely?

Edited by Showster
  • Praise 1
Link to post
Share on other sites
Wind30

Wind30

Turbocharged

Still great news for the bulk of OCR owners.

 

Time to upgrade?

 

Certainly not so good news for the bulk of upgraders.

 

What are you interested to buy since tracking it so closely?

 

CCR drops by 2.9%...

 

Interesting. I think think CCR does not have many new developments so mostly resale?

 

I think the developers data is always err suspect... 

Link to post
Share on other sites
Showster

Showster

Twincharged

This is mainly from URA stamp duty data till mid March.

 

The transaction count should be very low now (very few sellers with buyers waiting and seeing), so the final index should not differ far.

 

Lots of uncertainties ahead. Will we see interest rate dropping again or steady or going up? Will trade reconciliation be fruitful? 

 

 

CCR drops by 2.9%...

 

Interesting. I think think CCR does not have many new developments so mostly resale?

 

I think the developers data is always err suspect... 

 

↡ Advertisement
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
×
×
  • Create New...