- More Executive units selling for over $1 million
- MAS restrict loan tenure on residential properties
- HDB resale oprices rise 2% to record high in 3rd Q
- eCo sees bustling sale at launch
- Green Lodge sold en bloc for $191.888m
- Expect more million dollar HDB flats in the resale market
- $200k COV record in HDB resale could be broken soon
- Bishan HDB maisonette sold for $980k
- Thomson View Condo sold en bloc for $590m
- Developers launching leasehold developments on freehold sites
- Residential en bloc market on the decline
- Home prices at record high
- More home owners turn to resale private residential properties
- Braddell View residents now have option to privatise
- Are en-bloc deals still hot?
- "Proxy Wars" in condos
- Interest in mixed-use en bloc developments picking up.
- Award of tender for residential site Tampines 10
- MND proposing HUDC statute amendment for privatisation of Braddell View
- Jade Towers sold
- The most bullish of all bull runs?
- Tender for Elias Rd/Pasir Ris attracts 9 bids
- Mass market home prices closing in on city homes
- Prices of private residential properties register marginal decline in 1st Q2012
Note how the prices of non-landed private residental properties (condos) still continue to rise in the OCR (outside central region... us)
"Prices in Outside Central Region however increased by 1.2%, compared to the 0.6% increase in the previous quarter"
- Slew of new projects launching this week
- Buying trends show many prefer old neighbourhoods
- Land prices at equilibrium
- Property market set for uptrend in 2012: iProperty
- Seletar Garden sold in collective sale for $96.2m
- Mass Market already seeing recovery after ABSD
- Mass market housing to remain resilient in 2012
- Private housing market: second wind?
- Demand for new residential properties up sharply
- Brisk sales continue at mass market projects
- En bloc sales picking up?
- Wave of supply to hit property market
- Secondary market for private homes heading for doldrums
- Two more freehold properties offered for collective sale
- High application numbers for Sim Lian's EC
- Lukewarm response to Tampines Trilliant
- Two collective sale sites up for tender
- Home prices to slide this year
- Why property prices will remain high
- Private home market has peaked: Analysts
- Sim Lian Group launches Tampines Trilliant Executive Condo
- En bloc fever appears to be receding: Khaw
- En bloc market R.I.P in 2012?
Just looking at two seemingly contradictory property news, "Home prices at record high" and "Residential en-bloc market on the decline" goes to show you ONE thing, the DEVELOPERS never lose.
ReplyDeleteIn the report about en-bloc, you'll find the developers are still interested if the price is low. Yet the home (although flat) is at record high. So who benefits?
When you put the RP low, not many residents are interested because housing is at record high. When you put the RP high, no developer wants the en-bloc, they go for GLS.
Stalemate. Time to stop wasting time and money on this badly timed en-bloc.
HDB resale hits $1 million and our en-bloc is not much more. Meaning after you en-bloc, you can't purchase private property. And even after you downgrade to buy a HDB resale, there will be no more cash after you return all the interest back to CPF.
ReplyDeleteForget the en-bloc.
And that $1million dollar HDB is in Queenstown.
ReplyDeletehttp://news.insing.com/tabloid/flat-queenstown-sold-1million/id-9f5e3f00
So if you think TC's en-bloc RP can get you anything 2 years later, that is IF en-bloc happens, you are just simply fooling yourself.
Folks can say all they want about the Developers won't bid so high... etc, hence TC en-bloc has to be reasonable to Developers... blah.. blah.. blah..
ReplyDeleteRead this...
http://www.straitstimes.com/breaking-news/singapore/story/516m-bid-redhill-site-stuns-market-watchers-20120921