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https://www.99.co/blog/singapore/55000-hdb-flats-are-going-to-be-blinged-up-from-next-year/

 

Average prices of three-room flats completed between 1987 and 1997 have appreciated by over 77.6 per cent in the last 15 years, to about $458,000.

Four-room flats in the same category appreciated around 67 per cent to about $388,000, while five-room flats appreciated about 68 per cent to $510,600.

Executive flats from the same era appreciated almost 70 per cent over the past 15 years, averaging around $642,400 today.

Singapore-flat-prices- (1).webp

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2 hours ago, Mercs said:

 

(This means Singapore narrowly avoided a technical recession, which is defined as two consecutive quarters of economic decline.)

 

This means they squeezed everyone dry dry  and up price as much as possible ......... 😂 just enough to avoid recession

 

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This is when a differentiation and dichotomy between housing for stay vs housing for other purposes (luxury stay, investment, and/or inheritance) surfaces.

With the (HUGE) liquidity inbuilt into the international monetary system, a real recession will only cause the prices of assets like private housing to skyrocket, while further depressing HDB values.

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23 minutes ago, Showster said:

This is when a differentiation and dichotomy between housing for stay vs housing for other purposes (luxury stay, investment, and/or inheritance) surfaces.

With the (HUGE) liquidity inbuilt into the international monetary system, a real recession will only cause the prices of assets like private housing to skyrocket, while further depressing HDB values.

the problem now is HDB used to be 100% for stay now at least 50-50 for stay and flip (investment)

and in fact more gearing to first stay then flip (treated as 5 years investment to meet MOP) ... huat ah!

if HDB prices crash ... it will cost 2-3 GRC ... [sweatdrop]

hence ... there is only 1 way to go for HDB pricing .... 

Edited by Wt_know
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12 minutes ago, sgcarmart2019 said:

if not for the lottery effect hdb resale eg bishan Queenstown duxton boonkeng u think hdb resale is going up or going down 

especially the older hdb above 30yr old in ulu location no mrt 

lottery effect every where and MAN MADE

even Punggol Walk resale price @ $1,000,000 liao ... huat ah!

give us another 30 years ... we can beat HK ... muahahaha

Edited by Wt_know
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1 hour ago, Wt_know said:

the problem now is HDB used to be 100% for stay now at least 50-50 for stay and flip (investment)

and in fact more gearing to first stay then flip (treated as 5 years investment to meet MOP) ... huat ah!

if HDB prices crash ... it will cost 2-3 GRC ... [sweatdrop]

hence ... there is only 1 way to go for HDB pricing .... 

Most HDB owners who flip nowadays after 5 years won’t get to pocket much more than 100K. If factor in their renovations and interests really don’t get much.

But it’s precisely the effect of those hoping to stay 5 years to flip and upgrade that HDB prices are unlikely to run anywhere. It has been happening for quite a while already.

In private housing, people are just looking for most value BUY, price drop to BUY, which area to BUY. After that, it is to hold until no choice cannot hold anymore, or if price goes up A LOT.

Where do we see prices headed in the long run?

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20 hours ago, Mercs said:

You kip posting up up up, got people buay song liao lah...

But dunno whether got any 70% papaya sarporter out of the 6 boh!

https://www.todayonline.com/singapore/6-10-singaporeans-think-government-should-regulate-prices-new-condo-survey?fbclid=IwAR39uRoD5ZJVPyD9gynpX--MpecTq0GKwJgU8H3kcFV0xmKupWw9YT53YQU

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