The housing are so expensive in Singapore, but there are still
people buying ? Why is that so ??? Thousands of units of condos are
being sold and people still grabbed...are there really that rich
people around....???!!?
Resale HDB flats are going for the sky in terms of
pricings....
Even with cooling measures, private property shot up 29% more in
the past 3 months, say if you bought a condo at 1m in Jan, now you
can sell at 1.29m, so why not people invest? This show a fake
cooling measure effect. And when pples sold, they rip the profits,
go buy resale HDB flats and wait for opportunity to buy new condos
or Private houses, that spice up HDB prices, and young singaporean
couples who wanted to buy a resale would hv to settle for a new
flat which in turn make new flats hot in demand and prices jack
up.
The govt failed to see this as a chain reaction business by some
pples who use our property market to gain money rather than living
in it. Houses in singapore had become a trading market instead of
for living. If you say abt Private Property, maybe you can sell and
sold at will, but for HDB, which is for citizens, why allow it to
become a by victim of private property transactions?
