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17 minutes ago, mikk123 said:

large number of BTOs were delayed last year and expected to complete this year. This will have an effect on resale market, as the new BTOs owner put up their existing flat for sale. I expect the resale HDB market to drop. 

Good analysis. [thumbsup]

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1 hour ago, mikk123 said:

large number of BTOs were delayed last year and expected to complete this year. This will have an effect on resale market, as the new BTOs owner put up their existing flat for sale. I expect the resale HDB market to drop. 

BTOs are primarily built for 1st time HDB buyers. 

Have you any idea how tough it is for 2nd timers who applied back in 2015 to 2017 (and would be collecting keys right about now) to get a BTO? Correct me if I am wrong but at that time 95% of BTOs were reserved for 1st timers. 

So most collecting their keys for the BTOs are 1st timer newly weds who don't have an existing resale HDB to dispose off. 

Anyway resale HDB market is already dropping since 2014. 

It's those almost new HDBs (more than 90 year lease left) that have just completed their MOP that are pushing up the HDB resale prices recently. 

Edited by noobcarbuyer
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https://www.straitstimes.com/business/property/more-condo-and-hdb-units-rented-out-in-december-srx

More condo and HDB units rented out in December

https://sbr.com.sg/residential-property/news/hdb-rents-rally-12-condo-rents-dip-02-in-2020

HDB rents rally 1.2%, condo rents dip 0.2% in 2020

https://www.srx.com.sg/research/60591/condo-rents-decrease-02-while-hdb-rents-increase-12-in-2020-on-lower-yearly-volumes

Condo Rents Decrease 0.2% while HDB Rents Increase 1.2% in 2020 on Lower Yearly Volumes

(December 2020 rents decrease 0.3% from November 2020. CCR andOCR rents decrease by 0.4% and 0.6% respectively while RCR increases by 0.1%)

image.png.d67556fdcd8d1f631d5d40a3a790d968.png

(December 2020 HDB rents increase 0.4% from November 2020. Mature Estates rents increase by 0.9% while Non-Mature Estates rents decrease by 0.1%. 3 Room, 5 Room and Executive rents increase by 1.0%, 0.2% and 0.4% respectively while 4 Room rents remain unchanged)

image.png.d771405f55331e3bbf3557bad8de0318.png

 

https://www.businesstimes.com.sg/real-estate/singapore-resale-condo-market-robust-despite-pandemic-with-prices-up-14-in-2020

Singapore resale condo market robust despite pandemic, with prices up 1.4% in 2020

(Resale transactions for non-landed private homes rise 18.1% in 2020 from a year ago,  figures show a total of 10,712 properties change hands)

 

https://www.businesstimes.com.sg/real-estate/new-home-sales-to-hover-at-10000-in-2020-analysts

New home sales to hover at 10,000 in 2020: analysts

 

https://www.propertyguru.com.sg/property-management-news/2021/1/195709/singapore-new-home-sales-up-almost-60-in-december

Singapore New Home Sales Up Almost 60% In December

(The December sales were mainly driven by two key launches – namely, Clavon and Ki Residences. On an annual basis, new home sales soared 126.2% from the 538 units shifted in December 2019)

 

https://sg.news.yahoo.com/singapore-exchange-tightens-rules-on-auditors-property-valuers-015034335.html

Singapore Exchange tightens rules on auditors, property valuers

 

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(edited)

https://www.edgeprop.sg/property-news/waterfront-project-reef-king’s-dock-open-preview-jan-16

Waterfront project The Reef at King’s Dock to open for preview from Jan 16

(Prices for the units start from around $960,000 for a one-bedroom apartment, $1,600,000 for a two-bedroom apartment, and $2,800,000 for a three-bedroom apartment)

image.png.d56a6f8c24b599f21f1c60237b9f2bb6.png

 

https://www.propertyguru.com.sg/property-management-news/2021/1/195729/singapore-ranked-123rd-out-of-150-countries-for-residential-price-growth

Singapore Ranked 123rd, Out Of 150 Countries For Residential Price Growth

 

https://www.businesstimes.com.sg/real-estate/wave-of-regional-buyers-expected-to-land-on-sentosa-cove

Wave of regional buyers expected to land on Sentosa Cove

https://www.businesstimes.com.sg/real-estate/despite-pandemic-total-2020-new-home-sales-may-match-2019s

Despite pandemic, total 2020 new home sales may match 2019's

 

https://www.99.co/blog/singapore/new-hdb-flat-portal-displays-low-interest-home-loan-rates-from-banks/

New HDB Flat Portal displays low-interest home loan rates from banks

https://www.99.co/blog/singapore/singapore-home-loans-what-does-the-bank-jargon-mean/

Singapore Home Loans: What does the Bank Jargon Mean?

https://www.99.co/blog/singapore/when-should-you-consider-a-shorter-loan-tenure-for-your-home/

When should you consider a shorter home loan tenure?

 

https://stackedhomes.com/editorial/units-of-the-week-issue-45/

https://stackedhomes.com/editorial/new-launch-condo-updates-2021/

All The New Launch Condo Updates For 2021

 

https://www.straitstimes.com/singapore/pinkish-purple-waters-at-sentosa-south-cove-waterway-with-dead-fishes-found-near-banks

Pinkish-purple waters at Sentosa South Cove waterway after dead fish found near banks

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Edited by Mercs
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5 hours ago, Mercs said:

https://www.edgeprop.sg/property-news/waterfront-project-reef-king’s-dock-open-preview-jan-16

Waterfront project The Reef at King’s Dock to open for preview from Jan 16

(Prices for the units start from around $960,000 for a one-bedroom apartment, $1,600,000 for a two-bedroom apartment, and $2,800,000 for a three-bedroom apartment)

 

 

 

 

 

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https://www.businesstimes.com.sg/real-estate/12000-visitors-throng-normanton-park-showroom-despite-monsoon-deluge

12,000 visitors throng Normanton Park showroom despite monsoon deluge

(Project spokesperson says visitors showed up at 1,862-unit project from Jan 2 to 14; psf prices for one-bedroom unit range from S$1,445-S$1,672)

 

 

https://www.edgeprop.sg/property-news/origami-inspired-detached-house-siglap-plain-sale-105-mil

Origami-inspired detached house at Siglap Plain for sale at $10.5 mil

image.thumb.png.341c450e97ee6edda5112856c4a6fe47.png

 

 

https://www.edgeprop.sg/property-news/two-bedder-southbank-market-168-mil

Two-bedder at Southbank on the market for $1.68 mil

image.thumb.png.29f2e46183c6db617815e0ab75bc66fa.png

 

 

https://www.edgeprop.sg/property-news/four-bedroom-unit-st-regis-residences-incurs-32-mil-loss-0

Four-bedroom unit at St Regis Residences incurs $3.2 mil loss

image.thumb.png.76a37dfca3f1297bc44af9cd0f7da143.png

 

 

https://stackedhomes.com/editorial/5-cluster-housing-projects-units-at-2-million/#gs.q3tni1

5 Cluster Housing Projects With Units At $2 million Or Under

 

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https://www.homeanddecor.com.sg/gallery/house-tour-a-multi-generational-terrace-home-with-a-hidden-swimming-pool/

House Tour: A multi-generational terrace home with a hidden swimming pool

Who lives here: An architect couple in their 40s with their two sons – and, occasionally, both their parents 
Type of home: Inter-terrace home in Hougang
Size of home: 4,088 sq ft

image.thumb.png.05afaf22749d255d4242bca309d4a893.png

 

 

https://www.propertyguru.com.sg/property-guides/high-speed-rail-hsr-termination-jurong-property-prices-40490

Will The High Speed Railway Project Termination Affect Property Prices in Jurong?

https://www.propertyguru.com.sg/property-guides/clementi-forest-deforestation-singapore-property-40477

Should We Be Clearing Forests for Residential Use?

https://www.propertyguru.com.sg/property-guides/prime-district-hdb-flats-lottery-effect-40479

Prime-District HDB Flats: What’s the Government Doing About “The Lottery Effect”?

https://www.propertyguru.com.sg/property-guides/buying-hdb-resale-flat-after-covid-19-40472

Is Now the Right Time to Buy an HDB Resale Flat?

https://www.propertyguru.com.sg/property-guides/what-is-cov-and-how-it-affects-your-hdbs-appreciation-10332

What Is Cash Over Valuation and How It Affects Your HDB’s Appreciation

 

https://sg.news.yahoo.com/hdb-resale-prices-had-highest-180608415.html

HDB Resale Prices Had the Highest Quarterly Increase in 9 Years: What This Means for Homebuyers

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image.png.3969f6cb8ee558998d5a3a32a55771ed.png

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https://www.straitstimes.com/business/property/new-private-home-sales-surprise-with-surge-to-highest-for-december-in-8-years-ura

New private home sales up 57%, highest for December in 8 years: URA data

https://www.businesstimes.com.sg/real-estate/developers-in-singapore-sell-1217-private-homes-in-december-full-year-tally-at-10024

Developers in Singapore sell 1,217 private homes in December; full-year tally at 10,024

https://www.channelnewsasia.com/news/singapore/ura-new-private-home-housing-sales-dec-2020-13966194

December new private home sales jump 57.2% as more than 10,000 homes sold in pandemic-hit year

https://www.propertyguru.com.sg/property-management-news/2021/1/195755/developer-sales-up-in-december-highest-since-2012

Developer Sales Up In December, Highest Since 2012

https://www.edgeprop.sg/property-news/despite-covid-19-developers-sell-10024-homes-singapore-last-year-exceeding-2019-levels-ura-flash

Despite Covid-19, developers sell 10,024 homes in Singapore last year, exceeding 2019 levels

image.png.c24a364ab204bd5a11354097bd4666dd.png

image.png.72a9530839c5def6668ee932d2e34132.png

 

 

https://www.businesstimes.com.sg/real-estate/developers-seen-to-continue-private-housing-launch-momentum-in-2021

Developers seen to continue private housing launch momentum in 2021

https://www.propertyguru.com.sg/property-management-news/2021/1/195744/growing-demand-for-sentosa-cove-bungalows

Growing Demand For Sentosa Cove Bungalows

(Singapore continues to draw foreign buyers despite travel restrictions, partly due to its success in handling the pandemic. Sentosa Cove is the only place where a foreigner may seek approval to acquire a landed residential property for their own use)

 

 

https://www.propertyguru.com.sg/property-management-news/2021/1/195742/singapore-residential-investment-volume-doubles-in-q4-2020

Singapore Residential Investment Volume Doubles In Q4 2020

https://www.edgeprop.sg/property-news/asia-pacific-shine-over-decade

Asia Pacific to shine over this decade

image.thumb.png.6a7394e718fd221271227daffee1f0c4.pngP

 

 

https://www.straitstimes.com/business/property/proxy-holders-at-general-meetings-for-en-bloc-sales-can-represent-no-more-than-2

Proxy holders cannot represent more than 2% of property owners at general meetings for sales en bloc from Jan 18

https://www.businesstimes.com.sg/real-estate/proxy-restrictions-at-en-bloc-sales-meetings-to-take-effect-from-jan-18-minlaw

Proxy restrictions at en bloc sales meetings to take effect from Jan 18: MinLaw

 

https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-dec-29-jan-5-done-deals

Residential transactions with contracts dated Dec 29 to Jan 5 [DONE DEALS]

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15 hours ago, Mercs said:

https://www.businesstimes.com.sg/real-estate/12000-visitors-throng-normanton-park-showroom-despite-monsoon-deluge

12,000 visitors throng Normanton Park showroom despite monsoon deluge

(Project spokesperson says visitors showed up at 1,862-unit project from Jan 2 to 14; psf prices for one-bedroom unit range from S$1,445-S$1,672)

 

https://stackedhomes.com/editorial/normanton-park-review/#gs.q69fw1

 

 

 

 

 

 

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