Nov 3, 2012

In the News




 
 

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"

4 comments:

  1. Anonymous31 July, 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.
    In 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.

    ReplyDelete
  2. 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.
    Forget the en-bloc.

    ReplyDelete
  3. And that $1million dollar HDB is in Queenstown.
    http://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.

    ReplyDelete
  4. 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..
    Read this...
    http://www.straitstimes.com/breaking-news/singapore/story/516m-bid-redhill-site-stuns-market-watchers-20120921

    ReplyDelete