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I am living in a comfortable property bought 15 years back. i worried for my kids if they can afford. I am sure many are if this bubble continues. Maybe the govenment should take a hands off approach and allow the property market to crash like in 1998. Wonder why the govenment is always taking half hearted approach

chart_expert123      ( Date: 16-Dec-2021 10:01) Posted: everything blame government, why never blame yourself is not one of the rich? majority of Singaporean who owned at least 1 property will not wish to see their property price drop. If you don' t own any or sell already, why never blame yourself? For young who just graduated, only need to save 5% cash for purchase bto in 1-2 year, the cpf housing grant definitely is enough to pay 10% cpf downpayment by 2 polygraduates. 10 year later, after MOP, surely receive their 1st gold with min 100 to 200k gain on their bto. If you don' t own any or sell already, why never blame yourself? nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

4 to 9%? do you really think so? in hot property market, this rate is drop. Developers cut their marketing and advertisement fee which dump in without result in the past, choose to pay this amount of money to agencies who will only be paid with result (transaction) which the agencies/agent require to pay the money for marketing and advertisement and using their network in order to secure the 4-9%.

Bear in mind, developers pay nothing for free marketing and advertisement, 1000 over property agencies, 30000 agents have to fight for the biscuits for the 4-9%, some may get nothing after put in their effort and money without anything, only those who can deliver with result will be rewarded with 4-9%.

So who really benefit from new model of property sales?

honesty      ( Date: 16-Dec-2021 09:58) Posted: cea is the regulatory dept for agents/agencies, they should infom developers not to pay 4 to 9% comm to agents and buyers are always being advocated on FOMO, (fear of missing out) buyers of multiple properties should take part of the responsiblity now since selling will be more difficult, anyway it is timely at least albeit a little delayed on this cooling measure with the 4G recoginising the runaway prices.  nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

agreed, but agents actually been also buying multiple properties via decoupling and even Trust as i understand from agents when they approach buyers and sharing their own route to high success of earning multiple properties and making money out of reselling after 3 years of rental income from tenants

eric998      ( Date: 16-Dec-2021 10:04) Posted: the cooling measures are overdued.. dont blame the govt. they are doing the right thing to cool the property markets.. it will benefit the majority buying their first house.. only those super rich people will complain cos want to buy second and third and fourth house.. at the expense of common people..  nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

the cooling measures are overdued.. dont blame the govt. they are doing the right thing to cool the property markets.. it will benefit the majority buying their first house.. only those super rich people will complain cos want to buy second and third and fourth house.. at the expense of common people.. 

nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

everything blame government, why never blame yourself is not one of the rich?

majority of Singaporean who owned at least 1 property will not wish to see their property price drop.

If you don' t own any or sell already, why never blame yourself?

For young who just graduated, only need to save 5% cash for purchase bto in 1-2 year, the cpf housing grant definitely is enough to pay 10% cpf downpayment by 2 polygraduates. 10 year later, after MOP, surely receive their 1st gold with min 100 to 200k gain on their bto.

If you don' t own any or sell already, why never blame yourself?

nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

cea is the regulatory dept for agents/agencies, they should infom developers not to pay 4 to 9% comm to agents and buyers are always being advocated on FOMO, (fear of missing out) buyers of multiple properties should take part of the responsiblity now since selling will be more difficult, anyway it is timely at least albeit a little delayed on this cooling measure with the 4G recoginising the runaway prices. 

nott1965      ( Date: 16-Dec-2021 09:51) Posted: This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

This so called 4G new government is not and cannot be trusted togovern well. Took them so long to realise this property boom is unsustainable and allowing the rich to become richer at the expense of many lower income Singaporeans

 

NO WAY AGENTS EAT GRASS

logical to ensure sufficient land supply to bring down prices yet assuring on good governance, those owning multiple properties should learn a hard lesson, with interest rate rising, those not in urgent need for homes should wait for at least 25% drop. agents would not be affected for next 3/4 years since their earnings from those high comm of 4 to 9% would sustain their high end lifestyle.One deal per annum is enuf to sustain annually when selling one million dollar project which is for one bdrm only for some districts
govt has acted rationally and superbly to cool down ppty prices, no way to let free run of the prices affecting the regulators of the day

bishan22      ( Date: 16-Dec-2021 09:35) Posted: Market dampen.... agents makan grass again.... shk363      ( Date: 16-Dec-2021 08:01) Posted: every round of cooling measure always push the ppty prices up. huat ah ppty agents

 

Market dampen.... agents makan grass again....

shk363      ( Date: 16-Dec-2021 08:01) Posted: every round of cooling measure always push the ppty prices up. huat ah ppty agents! Elf2000      ( Date: 16-Dec-2021 07:59) Posted: https://www.straitstimes.com/singapore/housing/singapore-raises-additional-buyers-stamp-duty-tightens-hdb-loan-limit-to-cool

 

The news out after China print money. MAS react very fast.

chart_expert123      ( Date: 16-Dec-2021 09:22) Posted: 35% for Entity, cool all the potential Enbloc Private Condo. 10% increase on capital. 10% increase for 2nd properties and foreigner cooled all private property market 85% HDB loan not really affecting HDB resales or BTO since 10% can be easily offset by CPF housing grant for 1st time buyer. The main target is towards Hot Money from foreign buyers and property developers escaped from Hong Kong and Macau and China. shk363      ( Date: 16-Dec-2021 08:01) Posted: every round of cooling measure always push the ppty prices up. huat ah ppty agents

 

35% for Entity, cool all the potential Enbloc Private Condo. 10% increase on capital.

10% increase for 2nd properties and foreigner cooled all private property market

85% HDB loan not really affecting HDB resales or BTO since 10% can be easily offset by CPF housing grant for 1st time buyer.

The main target is towards Hot Money from foreign buyers and property developers escaped from Hong Kong and Macau and China.

shk363      ( Date: 16-Dec-2021 08:01) Posted: every round of cooling measure always push the ppty prices up. huat ah ppty agents! Elf2000      ( Date: 16-Dec-2021 07:59) Posted: https://www.straitstimes.com/singapore/housing/singapore-raises-additional-buyers-stamp-duty-tightens-hdb-loan-limit-to-cool

 

Don' t worry many still need to resell their properties and PropNex earning will not be affected 

 

Careful, next will be interest rate liao...

shk363      ( Date: 16-Dec-2021 08:01) Posted: every round of cooling measure always push the ppty prices up. huat ah ppty agents! Elf2000      ( Date: 16-Dec-2021 07:59) Posted: https://www.straitstimes.com/singapore/housing/singapore-raises-additional-buyers-stamp-duty-tightens-hdb-loan-limit-to-cool

 

every round of cooling measure always push the ppty prices up. huat ah ppty agents!

Elf2000      ( Date: 16-Dec-2021 07:59) Posted: https://www.straitstimes.com/singapore/housing/singapore-raises-additional-buyers-stamp-duty-tightens-hdb-loan-limit-to-cool

 

https://www.straitstimes.com/singapore/housing/singapore-raises-additional-buyers-stamp-duty-tightens-hdb-loan-limit-to-cool

 

withoug prejudice, understand developers now are very cautious on paying high comm btwn 4 to 8%, labor shortage, less landbank, completion will be slower, runoured they may prefer to advertise more often themselves and save the high commission or pivoting towards 1 to 2% commission.
all new projects sell by itself anyway knowing due to less projects and landbank, specific needs by buyers in terms of locations etc, buyers just go and ask developers for discount meaning less those comm on the selling price  and this is well known by developers
DYODD

TradeExpert      ( Date: 08-Dec-2021 19:28) Posted: Correction towards $1.58 to $1.65.... Might see buyers coming back for bargain buy...

 

Correction towards $1.58 to $1.65.... Might see buyers coming back for bargain buy...

 

$1.81 ..

TradeExpert      ( Date: 22-Nov-2021 17:26) Posted: Bro, Most people Profit takings.... Not weak holders sold after results.  This counter has strong supports from agents of various agencies and has appreciate for more than 100% (around $.60) from last year till now about $1.83. Even developers are taking notice of this counter. Resistance level at around $1.9.  Downsides more than upsides currently and correcting towards $1.68 which is the support level.  People will just take profits, wait for correction and buy in back again nearer to $1.68.  Mid to long term, this counter will give impressive results and exceed market expectations with record high revenue.  wehuattogether88      ( Date: 17-Nov-2021 13:53) Posted: Weak holders sold after results.

 

$1.81 ..

TradeExpert      ( Date: 22-Nov-2021 17:26) Posted: Bro, Most people Profit takings.... Not weak holders sold after results.  This counter has strong supports from agents of various agencies and has appreciate for more than 100% (around $.60) from last year till now about $1.83. Even developers are taking notice of this counter. Resistance level at around $1.9.  Downsides more than upsides currently and correcting towards $1.68 which is the support level.  People will just take profits, wait for correction and buy in back again nearer to $1.68.  Mid to long term, this counter will give impressive results and exceed market expectations with record high revenue.  wehuattogether88      ( Date: 17-Nov-2021 13:53) Posted: Weak holders sold after results.

 

Bro, Most people Profit takings.... Not weak holders sold after results. 

This counter has strong supports from agents of various agencies and has appreciate for more than 100% (around $.60) from last year till now about $1.83. Even developers are taking notice of this counter. Resistance level at around $1.9. 

Downsides more than upsides currently and correcting towards $1.68 which is the support level. 

People will just take profits, wait for correction and buy in back again nearer to $1.68. 

Mid to long term, this counter will give impressive results and exceed market expectations with record high revenue. 

wehuattogether88      ( Date: 17-Nov-2021 13:53) Posted: Weak holders sold after results.