Asked by Catt
Will resale HDB price and cov drop in 2012? or in 2013,14?
4903 views
3 Answers
Evening Catt,
We are not specialist and experts. We are just simple human being who happens to know slightly more on the property law and regulations, along with the marketing tactics and communication skill.
As for HDB prices, it's unlikely that it will fall within the next year or two, as currently, the demand still exceeds supply. Transaction are still closing with COV which will push the transaction even higher as time goes by. Let's say the market does crash and property prices falls, Singapore property have always managed to pick itself up faster than many other countries.
Let me quote you a situation: Valuation of property is based on past transaction. If you purchase now at $30k plus value today, compared to you buying a unit with $10k plus value in one year time, do you think you are really buying it at cheaper price?
We are all educated people and the math is simple. Instead of gambling and hoping to cheapest deal, why not work within your budget and move on?
All the best to your future endeavour.
Regards
Mike Lim
96929209
ERA Read More
We are not specialist and experts. We are just simple human being who happens to know slightly more on the property law and regulations, along with the marketing tactics and communication skill.
As for HDB prices, it's unlikely that it will fall within the next year or two, as currently, the demand still exceeds supply. Transaction are still closing with COV which will push the transaction even higher as time goes by. Let's say the market does crash and property prices falls, Singapore property have always managed to pick itself up faster than many other countries.
Let me quote you a situation: Valuation of property is based on past transaction. If you purchase now at $30k plus value today, compared to you buying a unit with $10k plus value in one year time, do you think you are really buying it at cheaper price?
We are all educated people and the math is simple. Instead of gambling and hoping to cheapest deal, why not work within your budget and move on?
All the best to your future endeavour.
Regards
Mike Lim
96929209
ERA Read More
1
Hi,
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Bless n Warm Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Bless n Warm Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
1