Enbloc sales: Dream or reality?
Newton View up for collective sale again
Business Times:- 13 Jan 2011
Mas to tighten up on mortgage equity loans
Business Times:- 17 Jan 2011
Business Times: - 17 Jan 2011
Regent Court put up for sale
CNA- 21 Jan 2011
$189 million minimum bid for Bishan site
21 Jan 2011
Tampines to have town hub by 2015
CNA - 21 Jan 2011
Reality - with the new property ruling, is it more feasible for a enbloc sales of 1.2 to 1.4 million. Do not think anytime now TC can get above one million mark in the open market,The new ruling will even lower the property market price it be more affordable to get a replacement unit.
ReplyDeleteDream on.
ReplyDelete1.2 million will only cause you to downgrade.
The news now:
Prices has gone up tremendously over the past year, any drop in prices will on be marginal and the government's purpose is clear, it is to stabilize the market, not bring it down.
En-bloc is a long process, it is highly possible that when you get your money, property in land scarce Singapore will creep up again!
Government rules can change overnight.
ReplyDeleteIf the market goes belly-up, then they will change things again. The DC rate chages every 6 monhs - it either goes up or down. No one can predict what things will be like in 3 years - and it's no reason to depress our reserve price, things can change and escalate suddenly and we will be caught out again
Never beleve the naysayers who predict that prices will fall - ALWAYS plan for the worst case scenario - that prices will continue to rise.