Money Mind

General Category => The Common Lounge => Topic started by: Imboredtodeath on Mar 23, 2024, 09:12 PM

Title: Ppty agent told me prices gg to rise this yr
Post by: Imboredtodeath on Mar 23, 2024, 09:12 PM
Not sure real or not. Like that hw to afford
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 23, 2024, 09:46 PM
actually started raising ever since PAP introduce new resale grants last year

more grants = hdb resale prices increase cause pass on to buyers

 :frown:  :frown:  :frown:


Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Imboredtodeath on Mar 23, 2024, 09:46 PM
Quote from: nyvrem on Mar 23, 2024, 09:46 PMactually started raising ever since PAP introduce new resale grants last year

more grants = hdb resale prices increase cause pass on to buyers

 :frown:  :frown:  :frown:




Nice. I might as well go jump first
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 23, 2024, 10:26 PM
Everytime got housing issue, HDB will give "grants"

everytime give grants, owners who want to sell will know potential buyers got bigger budget because of the grants, so they price their flats accordingly.

those that cannot get grants kenna fucked gao gao
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: encourageSome1 on Mar 23, 2024, 11:07 PM
Quote from: default on Mar 23, 2024, 09:12 PMNot sure real or not. Like that hw to afford

Hmm 🤔 u weigh r pros n cons of each of those options possible

N the potential outcomes vs
Your life decisions 5-10 yr down e road
——-
eg pricing rising - usu stable or rising
North side pricing will stable or drop when hsr ready between here n msia

Yr pa condition - old ppl usu stable or deteriorate

If u bto wait 3-5 yr get e flat how will that affect ur financial outlook / position
vs
Tkg big fat loan for 20-30 yr and using rental to back to back with some loose $ left as additional income 

If u buy a less pricy one at a ulu er location loan less, rental income lesser .. lesser mortgage stress ? But still  house of yr own name

——
Choose the one u d regret least even if sthg happens or nothing happens . Eg for lkk.. I ll care where I stay to be as close to my parents as possible cos I need to be reaching them within 1/2 hr if I can
And Eg I d want to be near them so I can go to their house to check in them daily (imagine if one has helath issue etc )
Cost cannot be loan beyond X year like that

Rest of factors just take as good to have .. cannot want best of everything in world
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: darkevil on Mar 24, 2024, 12:24 AM
Rise jiu rise mybfd
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Imboredtodeath on Mar 24, 2024, 12:26 AM
Bto singles i wont rly want. The wait too long.

Resales is crazy. Have to take the gamble either way. There are other factors at play
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Arctic on Mar 24, 2024, 11:16 AM
Ppty price will only go 1 direction and that is up
Anyway it's always buy season for property agents lah

When prices going up they will say " buy now before it become more expensive!!!!"
If prices go down, "buy now since it's cheaper now!!!!"

Title: Re: Ppty agent told me prices gg to rise this yr
Post by: jim889 on Mar 24, 2024, 11:44 AM
buyed bto rah
 *sad*
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Indented_Dinner on Mar 25, 2024, 02:19 AM
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Title: Re: Ppty agent told me prices gg to rise this yr
Post by: sTiCkY on Mar 25, 2024, 11:20 AM
prices are usually recommended by the property companies
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Arctic on Mar 25, 2024, 12:05 PM
There is no good times, bad times, economy boom, recession, expensive or cheap. Property agents will always tell you best time to buy is now

It's always win for them regardless
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 25, 2024, 01:19 PM
https://www.asiaone.com/money/4-room-flat-sold-115m-breaking-toa-payoh-resale-record

u see this type of thing

from "1 off" becoming the norm liao.
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Arctic on Mar 25, 2024, 01:22 PM
Quote from: nyvrem on Mar 25, 2024, 01:19 PMhttps://www.asiaone.com/money/4-room-flat-sold-115m-breaking-toa-payoh-resale-record

u see this type of thing

from "1 off" becoming the norm liao.

Desmond Lee will continue to say it's rare and outlier. Even if one day 49% of all transactions are >$1mil, it is still minority. Also, all due to mkt forces etc bs... So not his/ their fault
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 25, 2024, 01:28 PM
i used to worry about my kids future because of the high cost of a hdb flat, hard time finding stable jobs, just trying to make it through the system.

but few years ago my wife and i agreed to fuck it all. we got some $$, we're just moving elsewhere once my kids finish their studies.

its not worth struggling in an island 42km wide with 6mil ppl inside.

 :frown:  :frown:  :frown:
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 29, 2024, 01:24 PM
https://theindependent.sg/serangoon-resale-flat-sold-for-record-breaking-1-2m-price/

another '1 off' million dollar hdb

Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Imboredtodeath on Mar 29, 2024, 03:56 PM
Quote from: nyvrem on Mar 29, 2024, 01:24 PMhttps://theindependent.sg/serangoon-resale-flat-sold-for-record-breaking-1-2m-price/

another '1 off' million dollar hdb



U see even those nearer all 1m liao. My place is nearer to city all 1m+

Nxt up nearer is potong pasir all also private + near 1m. Then now serangoon and hougang soon
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: jim889 on Mar 29, 2024, 04:04 PM
huat ah .. everybuttie ish millionair in sg
 :flash:
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Suntan on Mar 29, 2024, 05:17 PM
When Chiu talking to property agents aka salesman, Chiu think they gonna give Chiu fire sale? All they want ish feed on fear & get Chiu to bite. It's commission.
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: Arctic on Mar 29, 2024, 05:53 PM
I'm glad to be a bbfa. Can't imagine how the young are going toa afford public housing in future. If you are not god damn filthy rich, better dun have children
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: jim889 on Mar 29, 2024, 06:16 PM
Quote from: peaceheart on Mar 29, 2024, 05:53 PMI'm glad to be a bbfa. Can't imagine how the young are going toa afford public housing in future. If you are not god damn filthy rich, better dun have children

public housing supposed to be cheap and affordable..

asset enhancement ki lan..
 :frown:
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 29, 2024, 06:22 PM
the cheapest hdb for sale in sinkieland right now

https://www.propertyguru.com.sg/listing/hdb-for-sale-7-telok-blangah-crescent-24970269

300 spft... for 250k... with 49 years lease left

 :frown:  :frown:  :frown:
Title: Re: Ppty agent told me prices gg to rise this yr
Post by: jim889 on Mar 29, 2024, 06:23 PM
Quote from: nyvrem on Mar 29, 2024, 06:22 PMthe cheapest hdb for sale in sinkieland right now

https://www.propertyguru.com.sg/listing/hdb-for-sale-7-telok-blangah-crescent-24970269

300 spft... for 250k... with 49 years lease left

 :frown:  :frown:  :frown:


1rm flat leh..

 :frown:

Title: Re: Ppty agent told me prices gg to rise this yr
Post by: nyvrem on Mar 29, 2024, 06:29 PM
Quote from: jim889 on Mar 29, 2024, 06:23 PM1rm flat leh..

 :frown:



just nice for you, your left hand, and your right hand

 :frown:
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