Mercs Hypersonic February 10, 2020 Author Share February 10, 2020 https://sbr.com.sg/residential-property/in-focus/top-22-real-estate-stocks-averaged-2-total-return-in-2020-ytd Top 22 real estate stocks averaged 2% total return in 2020 YTD ↡ Advertisement 6 Link to post Share on other sites More sharing options...
Spring Moderator February 11, 2020 Share February 11, 2020 On 2/9/2020 at 5:54 PM, Mercs said: https://www.straitstimes.com/singapore/housing/half-of-all-new-two-room-flexi-flats-bought-by-seniors-40-year-lease-most-popular Half of all new two-room flexi flats bought by seniors, 40-year lease most popular: HDB These 2 room flats if buy 99 year lease can sell open market later right? Whereas if u buy shorter leases, it will be returned to HDB and bought back at pro rated prices ie u get back $ only for the unused lease years? Last time they had 2 sizes 35sqm and 45sqm, not sure if this still applies? 6 Link to post Share on other sites More sharing options...
Wt_know Supersonic February 11, 2020 Share February 11, 2020 16 hours ago, Mercs said: Agree 🙂 $2M chip chip potato chip ... whack ar! 1 Link to post Share on other sites More sharing options...
13177 Hypersonic February 11, 2020 Share February 11, 2020 5 hours ago, Spring said: These 2 room flats if buy 99 year lease can sell open market later right? Whereas if u buy shorter leases, it will be returned to HDB and bought back at pro rated prices ie u get back $ only for the unused lease years? Last time they had 2 sizes 35sqm and 45sqm, not sure if this still applies? Wondering is the demand high for resale 2 room flat? Link to post Share on other sites More sharing options...
Spring Moderator February 11, 2020 Share February 11, 2020 16 minutes ago, 13177 said: Wondering is the demand high for resale 2 room flat? Ya I also wonder. In theory, it's better to get 99 yr lease cos selling in open market gives a possibility of profit/breakeven vs the sure lose short lease which is a de facto rental actually. Having said that, if there is no demand then 99 yr lease may lose money as well. I just saw that Toa Payoh BTO Feb launch 2 room flats do not have 99 year lease whereas Sembawang BTO has. 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 7 hours ago, Spring said: These 2 room flats if buy 99 year lease can sell open market later right? Whereas if u buy shorter leases, it will be returned to HDB and bought back at pro rated prices ie u get back $ only for the unused lease years? Last time they had 2 sizes 35sqm and 45sqm, not sure if this still applies? Diff mindset, to downsize for own stay rather than to resell for future profit, similiar to those senior flats on 30 years lease. https://www.propertyguru.com.sg/property-management-news/2020/2/186011/hbd-seniors-bought-over-50-of-new-two-room-flats government’s “policy of encouraging the elderly to downsize after family members move out is actually working”. Foo See Yin, 78, and Low Choon Moi, 76, sold their four-room unit in Khatib for around $420,000 before relocating into their two-room flexi flat in 2017 because their three children no longer live with them. “Our previous home was too big for the two of us and we’re already so old, so we decided to buy a smaller home,” said Foo. https://esales.hdb.gov.sg/bp25/launch/20feb/bto/20FEBBTO_page_0687/about0.html 2-room Flexi flats come in two sizes - 36 sqm (Type 1) and 45/46 sqm (Type 2). 2-room Flexi flats at Kim Keat Ripples and Toa Payoh Ridge are offered only to seniors (aged 55 and above) on short leases of between 15 and 45 years, in five-year increments. 8 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 1 hour ago, Wt_know said: $2M chip chip potato chip ... whack ar! Haha, faster buy before prices skyrocket? huat ah! 😛 'SG property, good to be in as early as possible' 😉 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.straitstimes.com/singapore/housing/more-than-3000-hdb-flats-launched-for-sale-in-toa-payoh-sembawang-in-first-bto More than 3,000 HDB flats launched for sale in Toa Payoh, Sembawang in first BTO exercise this year 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.straitstimes.com/business/property/condo-resale-prices-and-volume-rise-in-january-ahead-of-coronavirus-impact Condo resale prices and volume rise in January, ahead of any coronavirus impact 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.srx.com.sg/research/58131/nlp-resale-prices-and-volume-see-05-and-40-increase-respectively-in-january-2020 NLP Resale Prices and Volume See 0.5% and 4.0% Increase Respectively in January 2020 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://sbr.com.sg/residential-property/news/condo-resale-prices-23-in-january Condo resale prices up 2.3% in January "Resale prices in the RCR went up 2.6% YoY and 1.5% MoM, whilst OCR grew 2.3% YoY and 0.5% MoM. Meanwhile, condo resale prices in the Core Central Region (CCR) dipped 0.8% YoY but inched up 1.7% YoY." 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.businesstimes.com.sg/government-economy/singapore-properties-affected-by-the-novel-coronavirus Singapore properties affected by the novel coronavirus Here's a list of confirmed cases of the virus at commercial buildings in Singapore: Clifford Centre Circular sent on Feb 7. The patient, an employee of United Industrial Corp which has an office in the building, was last on the premises on Jan 23. No other employees have displayed symptoms as at Feb 7. The building has been disinfected. Marina Bay Financial Centre Case confirmed on Feb 8. Circular to tenants sent on Feb 9. RQAM confirmed the location on Feb 11. An employee at a tenant housed in Tower 1 was diagnosed with the virus. The employee had visited the tenant's premises for a short while on Jan 30, before being sent home as he/she felt unwell. Raffles Quay Asset Management (RQAM) on Feb 11 confirmed that the affected tenant is in Tower 1. The affected office space, lifts and the ground-floor common area have been deep cleaned and disinfected according to MOH guidelines. Key tenants: Standard Chartered in Tower 1, and DBS in Tower 3. There is also a possible local transmission cluster associated with the Life Church and Missions in Paya Lebar. Five people linked to the church have been infected, as at Feb 9. Another cluster is linked to health products shop Yong Thai Hang on Cavan Road, which a tour group from Guangxi visited on Jan 23. Nine people have come in contact with those infected at the store, as at Feb 9. 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.propertyguru.com.sg/property-management-news/2020/2/186031/construction-firms-reap-benefits-of-digitalisation-despite-challenges Construction Firms Reap Benefits Of Digitalisation Despite Challenges 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.propertyguru.com.sg/property-management-news/2020/2/186039/parc-esta-refined-living-in-the-east Parc Esta: Refined Living In The East 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.propertyguru.com.sg/property-management-news/2020/2/186024/uptown-farrer-indulge-in-affordable-city-living-at-the-heart-of-convenience Uptown @ Farrer: Indulge In Affordable City Living At The Heart Of Convenience 6 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.99.co/blog/singapore/exclusive-rights-vs-multiple-property-agents-better/ Exclusive rights vs. multiple property agents: Which is better? 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.99.co/blog/singapore/my-complete-bto-experience-from-balloting-to-renovation-regrets/ My complete BTO experience: From balloting to renovation regrets 7 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 11, 2020 Author Share February 11, 2020 https://www.99.co/blog/singapore/this-guy-bought-an-abandoned-hostel-and-turned-it-into-a-stunning-walk-up-for-1m/ This guy bought an abandoned hostel and turned it into a stunning walk up for $1M ↡ Advertisement 6 Link to post Share on other sites More sharing options...
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