This shit is blowing up
Quote from: default on Apr 23, 2024, 05:22 PMThis shit is blowing up
to many ppl invested in it.. no one size fit all solution for new home owners and existing home owner.
low price new owner happy but existing owner sad
high price exist owner happy but new owner sad.
never ending cycle
:frown:
Quote from: jim889 on Apr 23, 2024, 05:41 PMto many ppl invested in it.. no one size fit all solution for new home owners and existing home owner.
low price new owner happy but existing owner sad
high price exist owner happy but new owner sad.
never ending cycle
:frown:
Then should set a max limit for resales somehow by some formula otherwise im rly gg
Quote from: default on Apr 23, 2024, 05:50 PMThen should set a max limit for resales somehow by some formula otherwise im rly gg
just all sell back to hdb.. can liao
buy also buy from hdb.. sell oso sell back.
:frown:
Quote from: jim889 on Apr 23, 2024, 06:00 PMjust all sell back to hdb.. can liao
buy also buy from hdb.. sell oso sell back.
:frown:
Got think of this before but this one totally kills all agents leh.
Some things cannot simply change will affect other things
Quote from: default on Apr 23, 2024, 06:44 PMGot think of this before but this one totally kills all agents leh.
Some things cannot simply change will affect other things
agent can steel work on pte property / landed / condo
their profits cunm from there ..
can fry pte protperty.. but hdb is for staying not profiteering
:frown:
Quote from: jim889 on Apr 23, 2024, 07:08 PMagent can steel work on pte property / landed / condo
their profits cunm from there ..
can fry pte protperty.. but hdb is for staying not profiteering
:frown:
but 80% are public housing... u touch this thing the whole unemployment rate and every related indicators go kaput immediately
u all sure see many merc and bm, jaguar, audi before that one now is normal liao
but i tell u that time i walked many carparks before............ u will be surprised there's tonnes of porsches, maseratis and those exotic cars. ferrari less, but porsches and maseratis a lot.
because no one will 嫌钱多.............. some of these people are super rich but they still buy those hot places to stay and profit such as rent out and sometimes these places even nearer to the city than their bukit timah
they can well afford it i tell u (obviously). there will be those multimillionaires' kids, who will buy a HDB to profit first thru BTO or resale......... even though ya maybe profit 300k nia but still profit.
many of these people whos parents have maybe 20-50m and many assets....... but their kids can afford to buy those super ex HDB just for fun. afterall they can afford to wait before the parents transfer $$ to them.
the super rich (say 100m and above) maybe less so but still possible
like yesterday i showed u all that roland tay owned 20 properties, out of it dunno how he can own 2-3 HDBs
so the super rich also like to buy these one. i tell u wont be surprised even billionaires will buy a HDB just for fun to experience it
people like kim lim's laopeh, can easily buy those super ex HDB for fun and renovate it to the max then rent it out or stay once in a long while
for now rules changed so they wont do it coz they got to wait 18 mths after disposing assets to buy
i wont even be surprised if Peter Lim and those of his level locals, might have a HDB. previously i doubted this, but u dont believe u go one of those Boon Keng/ TPY/ Duxton / Tiong Bahru exp HDBs and see
u will shock until jaw drop ah i tell u
if u nv drive and go enough carparks before u will be shocked, esp those multistoreys... go to those i mentioned and take a walk
many of these people feel such HDB more atas and way more near their house than their 6th avenue..... sometimes they prefer to go these places to stay for a few nights, or rent it to their friends or relatives to stay for free
or just rent out and make more money
i know 1 very rich edmw girl also got many properties in this manner...
Quote from: default on Apr 23, 2024, 10:28 PMbut 80% are public housing... u touch this thing the whole unemployment rate and every related indicators go kaput immediately
property agent jlb.. they should work for their $$$$
want to eat both side..
seller also need comission, buyer also need comission.
if go earned pte ppty .. moi nothing to say..
hdb property nothing much.. all kontroled by hdb also wanna earn
:frown:
Quote from: default on Apr 23, 2024, 10:37 PMif u nv drive and go enough carparks before u will be shocked, esp those multistoreys... go to those i mentioned and take a walk
many of these people feel such HDB more atas and way more near their house than their 6th avenue..... sometimes they prefer to go these places to stay for a few nights, or rent it to their friends or relatives to stay for free
or just rent out and make more money
i know 1 very rich edmw girl also got many properties in this manner...
only can have 1 hdb wat
Quote from: jim889 on Apr 24, 2024, 05:37 AMonly can have 1 hdb wat
yes for her yes..
but im saying if u read about Roland Tay's divorce u will see he has 3. how he has it i dont know
Quote from: default on Apr 24, 2024, 09:09 AMyes for her yes..
but im saying if u read about Roland Tay's divorce u will see he has 3. how he has it i dont know
yeah moi oso curious abt that.. moi did see that he owned a few hdb in that list.
anyway normal ppl canot do what lich ppl can
:frown:
Quote from: jim889 on Apr 24, 2024, 05:37 AMonly can have 1 hdb wat
Sry i meant way near cbd or city area.
The hdb resale is rly out of hand esp for those idiots who feel they are making profits. Those rly make profits are ppty agents and govt.
U sell a 1m flat u still have to buy another 1m or more ex flat or upgrade to sth way more ex in the area.
Unless u move from kallang 4 room to sembawang or punggol
Even so i think those at yishun central or jurong central also getting motherfuckingly expensive for their area
Coz u know now rental yield for private vs public no diff, will drive hdb further up
Some people live bukit timah still must drive far far. They might prefer to live around boon keng
Dont have to take my word for it... u go those newer flats at hdb at night and see what cars are parked there.
There are probably many rich people living in hdb just for the fun of it
Then some may say i talking cock. Why would the very rich (say got 20 or 30m) buy hdb when they can buy condo?
Coz of rental yield and hard to sell for some condos esp when older while hdb sure got kumgong will buy
For someone maybe got 30m, he buy a resale then can park his cars there, free go cbd or nearby to play or drink whatever.
He can also buy older condo around balestier but those dont hold their value well. I knw coz my friend bought.
If he can buy a resale at boon keng he can keep it song song and value wont depreciate also.
This is one of the reasons. Many cash rich also throw into hdb
I understand they are also singaporeans, let them own hdb is ok. But u need to have some policies in place
U see ah, this can also refer to the rich indos and tiongs and msians that game us... new citizens
The hdb policy now is totally unaffordable unless u go for bto
Quote from: default on Apr 24, 2024, 09:59 AMThen some may say i talking cock. Why would the very rich (say got 20 or 30m) buy hdb when they can buy condo?
Coz of rental yield and hard to sell for some condos esp when older while hdb sure got kumgong will buy
For someone maybe got 30m, he buy a resale then can park his cars there, free go cbd or nearby to play or drink whatever.
He can also buy older condo around balestier but those dont hold their value well. I knw coz my friend bought.
If he can buy a resale at boon keng he can keep it song song and value wont depreciate also.
This is one of the reasons. Many cash rich also throw into hdb
I understand they are also singaporeans, let them own hdb is ok. But u need to have some policies in place
U see ah, this can also refer to the rich indos and tiongs and msians that game us... new citizens
The hdb policy now is totally unaffordable unless u go for bto
yea I think house prices are unsustainable for the next generation, but then again if we ask our parents if they thought chicken rice can reach $5 (or ~$15 for boon tong kee), they will tell you that price is crazy too
Should control hdb prices. This is gov public housing. All sinkies should be entitled to buy regardless of one's salary
Quote from: default on Apr 24, 2024, 09:36 AMCoz u know now rental yield for private vs public no diff, will drive hdb further up
Some people live bukit timah still must drive far far. They might prefer to live around boon keng
Dont have to take my word for it... u go those newer flats at hdb at night and see what cars are parked there.
There are probably many rich people living in hdb just for the fun of it
hdb have rules about rental, best ish implement nose sublet then problem solved
if need to rent out means no need it
hdb is for staying
:frown:
U go walk around boon keng or other million dollar mscp u will see cars that cost half a mil there
1m rarer but still have. I only saw lambo and ferrari once each or sth
Quote from: needsomeadvice on Apr 24, 2024, 10:03 AMyea I think house prices are unsustainable for the next generation, but then again if we ask our parents if they thought chicken rice can reach $5 (or ~$15 for boon tong kee), they will tell you that price is crazy too
Ya but hdb rising crazier than others