Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 https://www.asiaone.com/singapore/crazy-state-housing-market-netizens-react-man-renting-out-top-bunk-bed-pasir-ris-flat-600 'Crazy state of housing market': Netizens react to man renting out top bunk bed in Pasir Ris flat for $600 ↡ Advertisement 3 2 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 https://www.asiaone.com/singapore/they-try-bluff-you-property-agent-warns-tenants-modifying-and-illegally-renting-out-hdb 'They try to bluff you': Property agent warns of tenants modifying and illegally renting out HDB storerooms 5 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 https://www.edgeprop.sg/property-news/residential-transactions-contracts-dated-jan-31-feb-7-done-deals Residential transactions with contracts dated Jan 31 to Feb 7 [DONE DEALS] https://www.edgeprop.sg/property-news/skyline-orchard-boulevard-hits-new-high-5371-psf Skyline @ Orchard Boulevard hits new high of $5,371 psf https://www.edgeprop.sg/property-news/four-bedder-rivergate-reaps-193-mil-profit Four-bedder at RiverGate reaps $1.93 mil profit https://www.edgeprop.sg/property-news/new-launch-botany-dairy-farm-preview-feb-18-prices-start-998000 New launch The Botany at Dairy Farm to preview on Feb 18, prices start from $998,000 https://www.edgeprop.sg/property-news/sim-lian-previews-botany-dairy-farm-banks-locality https://sbr.com.sg/residential-property/news/what-could-support-new-home-sales-in-2023 What could support new home sales in 2023? https://sg.finance.yahoo.com/news/singapore-home-sales-reach-four-month-high-as-supply-picks-up-085754043.html Singapore home sales reach four-month high as supply picks up https://www.straitstimes.com/business/property/freehold-condo-units-for-under-600000-they-still-exist-in-singapore-s-heated-property-market Freehold condo units for under $600,000? They still exist in Singapore’s heated property market 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 https://www.99.co/singapore/insider/recently-mop-5-room-hdb-resale-flat-sengkang-sold-928k/ Recently MOP-ed 5-room HDB resale flat in Sengkang sold for S$928k A 1,206 sq ft HDB resale flat has just been sold for S$928,000 in Sengkang. This works out to around S$770 psf. Another thing to note is that the transaction price matched the current all-time high price for a 5-room HDB resale flat in Sengkang. Back in November 2022, a similar-sized unit in the neighbouring block 216A was sold for S$928,000, setting the current record price in the estate. It’s located on a higher floor range within the 16th to 18th floor More importantly, the owners of both units made a capital gain of S$429,000 to S$507,000 after a holding period of around five years (huat ah!). So at the time of the transactions, both units have around 93 years of remaining lease. 3 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 33 minutes ago, Mercs said: Definitely possible, there is no more 'ulu' location - eg: today even far flung Woodlands Yishun Punggol etc sold for a million dollars. We can continue to be in denial, I reckon within the next decade or so, 2 mil HDB may be a reality. As mentioned - 'Expensive SG, playground of the Rich'. 😉 2017- https://www.cnbc.com/2017/04/13/singapores-property-prices-to-double-by-2030-morgan-stanley.html 2018 - https://www.straitstimes.com/business/banking/singapore-property-curbs-wont-cool-private-home-prices-says-morgan-stanley No 1.5mil no talk 😉 3 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 17, 2023 Author Share February 17, 2023 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 18, 2023 Author Share February 18, 2023 https://mothership.sg/2023/02/jb-forest-city-ghost-town/ Woman from China buys JB Forest City condo unit with 'unparalleled sea view', only to find a 'ghost town' 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 18, 2023 Author Share February 18, 2023 5 Link to post Share on other sites More sharing options...
13177 Supersonic February 18, 2023 Share February 18, 2023 On 2/17/2023 at 5:58 PM, Mercs said: https://www.99.co/singapore/insider/recently-mop-5-room-hdb-resale-flat-sengkang-sold-928k/ Recently MOP-ed 5-room HDB resale flat in Sengkang sold for S$928k A 1,206 sq ft HDB resale flat has just been sold for S$928,000 in Sengkang. This works out to around S$770 psf. Another thing to note is that the transaction price matched the current all-time high price for a 5-room HDB resale flat in Sengkang. Back in November 2022, a similar-sized unit in the neighbouring block 216A was sold for S$928,000, setting the current record price in the estate. It’s located on a higher floor range within the 16th to 18th floor More importantly, the owners of both units made a capital gain of S$429,000 to S$507,000 after a holding period of around five years (huat ah!). So at the time of the transactions, both units have around 93 years of remaining lease. Sengkang hdb resale can also sold for $928k!!! Like that, those resale hdb in queenstown and those city fridge sell at 1 mill plus consider cheap liao? Lol. 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 19, 2023 Author Share February 19, 2023 22 hours ago, 13177 said: Sengkang hdb resale can also sold for $928k!!! Like that, those resale hdb in queenstown and those city fridge sell at 1 mill plus consider cheap liao? Lol. It's the WFH after effect, big units now flavour of the month, anywhere also can ask a mil $, whether it's worth the price tag or overpriced ... Queenstown or city fringe already asking near 1.5 mil, which is why as mentioned future 2 mil hdb(s) definitely possible. 😉 3 1 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 19, 2023 Author Share February 19, 2023 On 2/17/2023 at 6:01 PM, Mercs said: No 1.5mil no talk 😉 https://www.asiaone.com/money/getting-out-hand-netizens-baulk-15m-price-tag-5-room-hdb-flat-queenstown 'Getting out of hand': Netizens baulk at $1.5m price tag for 5-room HDB flat in Queenstown 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 19, 2023 Author Share February 19, 2023 https://www.asiaone.com/money/keeping-hdb-flats-affordable-and-accessible-singaporeans-share-their-opinions-psps-public Keeping HDB flats affordable and accessible: Singaporeans share their opinions on PSP's public housing scheme 4 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 19, 2023 Author Share February 19, 2023 https://www.asiaone.com/money/which-upcoming-executive-condo-should-you-go-2023-2024 Which upcoming executive condo should you go for in 2023 to 2024? 3 Link to post Share on other sites More sharing options...
Mercs Hypersonic February 19, 2023 Author Share February 19, 2023 4 Link to post Share on other sites More sharing options...
13177 Supersonic February 20, 2023 Share February 20, 2023 9 hours ago, Mercs said: Another HDB resale which spent so ex for renovation. I really curious how come people have so much cash on hand? I think the max amount that you can loan for renovation is not high. 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic February 20, 2023 Share February 20, 2023 59 minutes ago, 13177 said: Another HDB resale which spent so ex for renovation. I really curious how come people have so much cash on hand? I think the max amount that you can loan for renovation is not high. Likely minority Link to post Share on other sites More sharing options...
Ginyu 4th Gear February 20, 2023 Share February 20, 2023 5 hours ago, 13177 said: Another HDB resale which spent so ex for renovation. I really curious how come people have so much cash on hand? I think the max amount that you can loan for renovation is not high. Hearsay nowadays new gen paid off their first 500k bto loan within 5 years. They no longer rely on their jobs as the only source of income stream, huat ah 😂 1 Link to post Share on other sites More sharing options...
13177 Supersonic February 20, 2023 Share February 20, 2023 27 minutes ago, Ginyu said: Hearsay nowadays new gen paid off their first 500k bto loan within 5 years. They no longer rely on their jobs as the only source of income stream, huat ah 😂 5 years can full paid their 500k hdb! So what other source of income stream they have which can generate so much cash? Sell backside? 😂 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Singapore Property Scene Discussion
Singapore Property Scene Discussion
Properties info
Properties info
Greater Southern Waterfront discussion
Greater Southern Waterfront discussion
Property in Johor
Property in Johor
Checklist: Things to look out for when buying a place
Checklist: Things to look out for when buying a place
First Testing
First Testing
Renting vs Buying a property!
Renting vs Buying a property!