Mercs Hypersonic November 29, 2023 Author Share November 29, 2023 ↡ Advertisement 4 Link to post Share on other sites More sharing options...
13177 Hypersonic November 29, 2023 Share November 29, 2023 (edited) On 11/29/2023 at 10:49 AM, inlinesix said: Rather than 80% hike upon renewal, condo rental hike is about 50% or lower. Overrall, rental is still higher than pre-COVID. The increase has soften. What do you expect 2rm HDB rental to be? $1k? Like people say, current coe of $85k few years back can buy 2 B&B cars but now can’t even buy one B&B car. So last time $2500 to $3000 rental can rent 5 room flat but now can only rent 2 room flat or maybe 3 room flat. 😅 Edited November 29, 2023 by 13177 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic November 30, 2023 Author Share November 30, 2023 (edited) https://www.edgeprop.sg/property-news/three-bedder-morningside-sold-36-mil-profit Three-bedder at The Morningside sold at $3.6 mil profit https://www.edgeprop.sg/property-news/beaumont-hits-new-high-2441-psf The Beaumont hits new high of $2,441 psf https://www.edgeprop.sg/property-news/higher-property-taxes-residential-investment-property-next-year Higher property taxes for residential investment property next year Edited November 30, 2023 by Mercs 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 2, 2023 Author Share December 2, 2023 https://www.businesstimes.com.sg/international/singapore-maintains-spot-worlds-most-expensive-city-tied-zurich-eiu Singapore maintains spot as world’s most expensive city, tied with Zurich: EIU https://www.gov.sg/article/singapore-is-it-really-the-most-expensive-place-to-live Singapore: Is it really the most expensive place to live? https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-nov-14-21-done-deals Residential transactions with contracts dated Nov 14 to 21 [DONE DEALS] https://www.99.co/singapore/insider/city-vue-henderson-second-highest-hdb-transaction-bukit-merah/ City Vue @ Henderson sells for S$1.46M, second highest HDB transaction in Bukit Merah 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 3, 2023 Author Share December 3, 2023 (edited) Edited December 3, 2023 by Mercs 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 5, 2023 Author Share December 5, 2023 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 5, 2023 Author Share December 5, 2023 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 6, 2023 Author Share December 6, 2023 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 7, 2023 Author Share December 7, 2023 UP UP and away! https://www.srx.com.sg/research/64711/november-hdb-resale-prices-continue-to-rise--volume-decreases-slightly https://www.edgeprop.sg/property-news/1h2024-gls-potential-5450-units-confirmed-list-reflects-calibrated-56-increase 1H2024 GLS: potential 5,450 units on Confirmed List reflects calibrated 5.6% increase in private housing supply https://www.edgeprop.sg/property-news/1h2024-gls-first-private-housing-site-bayshore-unveiled-reserve-list 1H2024 GLS: First private housing site in Bayshore unveiled, but on the Reserve List https://www.edgeprop.sg/property-news/four-bedder-sovereign-sold-3-mil-profit Four-bedder at The Sovereign sold for $3 mil profit https://www.edgeprop.sg/property-news/leedon-residence-hits-new-high-2909-psf Leedon Residence hits new high of $2,909 psf https://stackedhomes.com/editorial/5-most-expensive-hdb-flats-on-the-market-right-now-from-1-5-million/ https://stackedhomes.com/editorial/what-is-the-impact-of-the-upgrades-to-bayshore/ https://stackedhomes.com/editorial/3-upcoming-executive-condos-ec-that-will-mop-in-2024-one-already-recorded-630k-in-profit/ 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2023 Author Share December 9, 2023 https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-nov-21-28-done-deals Residential transactions with contracts dated Nov 21 to 28 [DONE DEALS] https://www.edgeprop.sg/property-news/private-housing-rents-increase-10-2023-contract-5-2024-huttons Private housing rents to increase 10% in 2023, contract 5% in 2024 https://www.edgeprop.sg/property-news/hdb-rents-grow-12-2023-8-2024-huttons HDB rents to grow 12% in 2023, up to 8% in 2024 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 9, 2023 Author Share December 9, 2023 https://www.edgeprop.sg/property-news/analysis-december-bto-offers-applicants-eight-projects-seven-towns ANALYSIS: The December BTO offers applicants eight projects in seven towns https://stackedhomes.com/editorial/how-well-did-property-experts-forecast-singapores-property-trends-we-look-back-at-2023-market-predictions/ 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 10, 2023 Author Share December 10, 2023 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 11, 2023 Author Share December 11, 2023 https://www.edgeprop.sg/property-news/woodlands-projects-see-strongest-demand-december-bto-exercise 4 1 Link to post Share on other sites More sharing options...
13177 Hypersonic December 12, 2023 Share December 12, 2023 On 12/12/2023 at 12:52 AM, Mercs said: https://www.edgeprop.sg/property-news/woodlands-projects-see-strongest-demand-december-bto-exercise Surprisingly in this Dec BTO, those PLH site not say many people applying. Whereas Woodlands and Bishan more popular and oversubscribe. Anyway, how come PLH site always take longer time to complete le?! It is due to super high floor? 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 12, 2023 Author Share December 12, 2023 On 12/12/2023 at 9:52 AM, 13177 said: Surprisingly in this Dec BTO, those PLH site not say many people applying. Whereas Woodlands and Bishan more popular and oversubscribe. Anyway, how come PLH site always take longer time to complete le?! It is due to super high floor? Not surprising, low takeup PLH can summarize in few factors- 1) price more expensive 2) longer build + MOP time already 15yrs of property journey 3)more restrictions like subsidy clawback during sale but the big one is (cannot rent out whole unit even after MOP etc. eg: we never know, future maybe can stay with family rent out whole unit fund retirement, always good to have this option available) Why take longer to complete, probably due to more high floors (40) more units so more work time required. 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic December 12, 2023 Author Share December 12, 2023 https://www.channelnewsasia.com/singapore/police-rental-scams-fake-property-agents-impersonation-apartment-viewings-3980636 Police warn of rental scams involving fake property agents; at least S$1.8 million lost between July and November 4 Link to post Share on other sites More sharing options...
13177 Hypersonic December 13, 2023 Share December 13, 2023 On 12/12/2023 at 11:52 PM, Mercs said: Not surprising, low takeup PLH can summarize in few factors- 1) price more expensive 2) longer build + MOP time already 15yrs of property journey 3)more restrictions like subsidy clawback during sale but the big one is (cannot rent out whole unit even after MOP etc. eg: we never know, future maybe can stay with family rent out whole unit fund retirement, always good to have this option available) Why take longer to complete, probably due to more high floors (40) more units so more work time required. PLH cannot rent out whole unit even after MOP? I thought only cannot rent out whole unit to certain people. Why there is such clause ar? No wonder take up so low. I think i also would not buy since cannot rent out whole unit, as it kills the golden goose to generate rental income. 😂 1 Link to post Share on other sites More sharing options...
Volvobrick Supersonic December 13, 2023 Share December 13, 2023 On 12/13/2023 at 9:02 AM, 13177 said: PLH cannot rent out whole unit even after MOP? I thought only cannot rent out whole unit to certain people. Why there is such clause ar? No wonder take up so low. I think i also would not buy since cannot rent out whole unit, as it kills the golden goose to generate rental income. 😂 That's the idea. To kill off those demands who are thinking of profiteering from these flats like flipping after 5 yrs or rent out then stay private. Good move. Maybe more HDBee should be restricted this way. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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