Ridiculous HDB Prices

last SG · 2010-05-31T19:17:39+00:00

Wa, I read reports say resale prices will fall soon. They must be joking right? Don't scare me.

sgdiehard SG

We are all slaves to money.

and we

sgdiehard SG

We are all slaves to money.

and we are begging

sgdiehard SG

We are all slaves to money.

and we are begging to be

sgdiehard SG

We are all slaves to money.

and we are

Genie99a SG

and we are

after 4 x posts of your and we are.... I still dun get it yer internet spoilt liao issit i had the same problem too yesterday.

charlize SG

http://sgforums.com/forums/8/topics/442452

Demon Bane SG

Should we guess how much $ a 5rm BTO shall reach in the future.....How much will be the ultimate limit? S$800k for a standard 5rm BTO ? Any ideas ?

Demon Bane SG

Maybe a 3rm BTO will reach S$500k ? That'll be the max limit ?

charlize SG

Maybe a 3rm BTO will reach S$500k ? That'll be the max limit ?

There is no such thing as max limit.

Does greed have a ceiling?

Summer hill SG

http://sgforums.com/forums/8/topics/442452

yes?

-clone of unicorn stars

mistyblue SG

Are you sure you cannot afford?

They keep saying everything is affordable with a 30 year mortgage loan.

Are you not working hard enough to make money?

I am looking at it this way: if a person has to spend 50% of salary on housing, then the person is screwed. Somehow, at the current prices, I wonder how do people save when all the mopney goes to paying for that roof.

Yes I work hard but does not mean my company is paying me better. My starting pay is lower than all my FT colleagues around 2K. The current housing price is a real strain, I always wonder how do people commit to buying 500-800K house when they are just in their early 20s. I tremble when I look at 300K house. I guess youngesters are getting more money nowadays.

mistyblue SG

Maybe a 3rm BTO will reach S$500k ? That'll be the max limit ?

resale market 3 rm in good location is 480K

BTO 3 rm can potentially be higher than that in future.

charlize SG

Then you just have to be cheaper better and faster.

sgdiehard SG

why do people in their early 20s look for houses? if they do uni they would have just graduated and in their first job....many are wondering if they should buy cars...

charlize SG

why do people in their early 20s look for houses? if they do uni they would have just graduated and in their first job....many are wondering if they should buy cars...

Because everything is affordable if you stretch out the loan tenor.

mistyblue SG

why do people in their early 20s look for houses? if they do uni they would have just graduated and in their first job....many are wondering if they should buy cars...

They are trying to get married.

PRC + Indonesian boy in early 20s wanted to buy my HDB. Indonesian boy will pay for house.

The local couple who finally bought my place, the guy still in NS. But I know his folks are financing him lah, otherwise how to pay.

But I not kay poh one... I just observing. Its real nice to be rich and have rich parents. It sucks not have no money so that's why I am downgrading.

sgdiehard SG

They are trying to get married.

PRC + Indonesian boy in early 20s wanted to buy my HDB. Indonesian boy will pay for house.

The local couple who finally bought my place, the guy still in NS. But I know his folks are financing him lah, otherwise how to pay.

But I not kay poh one... I just observing. Its real nice to be rich and have rich parents. It sucks not have no money so that's why I am downgrading.

well, you said it all, in early 20s, you need rich parent to buy a house. The richer ones buy condo, the richer rich buy landed.

I have to wait till late 20s, worked a few years, and with combined income with my wife to buy a condo. 同人不同命。

sgdiehard SG

Because everything is affordable if you stretch out the loan tenor.

buy house with no loan?

you wait until you earn enough, you will never catch up with the increase. you buy to rent, your loan interest can reduce your income tax. Always better to take loan, use bank money to buy my house.

take loan you can stretch your $, it is always affordable.

charlize SG

So far, property prices still holding despite the cooling measures.

Will they implement another set ofmeasures to cool the red hot property market?

sgdiehard SG

So far, property prices still holding despite the cooling measures.

Will they implement another set ofmeasures to cool the red hot property market?

The cooling measures taken so far were against the foreign buyers. If these don't work, it is either the foreigners can take much bigger hit, or these measures are not affecting local buyers?

When the locals are hit in buying properties with measures by the government, then who will benefit from all these measures?

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