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Ridiculous HDB Prices

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  • Demon Bane's Avatar
    3,228 posts since Dec '10
    • Originally posted by soul_rage:

       

      Prices will not drop by 30%. At most there is a short-term correction, but in the longer term, prices will just go up.

      So many people stood there and waited, hoping to strike 4D, strike Toto, in the end, just have to buy the house at a higher price coz they just kept waiting until they can wait no more.

      The govt will never let property prices fall drastically. A drastic fall will have significant consequences to Singapore

      That's why people keep buying even when the prices are rocket high! icon_eek.gif

  • sgdiehard's Avatar
    5,208 posts since Jul '04
    • Originally posted by Demon Bane:

      That's why people keep buying even when the prices are rocket high! icon_eek.gif

      no, because people think prices are going even higher!!

  • soul_rage's Avatar
    2,582 posts since Mar '05
    • Originally posted by Demon Bane:

      That's why people keep buying even when the prices are rocket high! icon_eek.gif

      I wish you luck in waiting.

      So far, I see most dismayed after many years.

      Imagine a unit you fancied at 400k, 5 years later you are still waiting (assuming a 3-4% increase per annum) -> say it reaches $470k, 5 years later suddenly there's a correction, price drops to $430k, you buy, happily thinking you got a discount.

       

  • Taiyaki's Avatar
    289 posts since Feb '11
    • Originally posted by soul_rage:

      I wish you luck in waiting.

      So far, I see most dismayed after many years.

      Imagine a unit you fancied at 400k, 5 years later you are still waiting (assuming a 3-4% increase per annum) -> say it reaches $470k, 5 years later suddenly there's a correction, price drops to $430k, you buy, happily thinking you got a discount.

       


      I think there's a limit to HDB  prices.

  • Demon Bane's Avatar
    3,228 posts since Dec '10
  • Wmyongj's Avatar
    343 posts since Oct '09
    • How can HDB price be low when we have half millions PRs in Siingapore???????

      Even if all the first timer sold the HDB, there is still not enough houses for these forigners!!!

      Fat hope that HDB will cost less! Singapore govern know how to justify a higher new HDB price by referring to the 'mkt price'

       

       

  • elindra's Avatar
    59,279 posts since Jun '04
    • Originally posted by Demon Bane:

      Good things come to those who wait....I certainly believe that!

      Well yeah I believe it if there is lots of land

      However, there is limited space in Singapore and with all the FTs coming in, good luck waiting!

  • charlize's Avatar
    30,210 posts since Mar '05
  • βέτά's Avatar
    2,466 posts since Jan '10
  • Jnnj19's Avatar
    2 posts since Mar '11
  • charlize's Avatar
    30,210 posts since Mar '05
    • Originally posted by βέτά:

       

      Very soon propertyguru.com will be classified as a political organisation. icon_lol.gif

       

       

      Cassette Them ! icon_lol.gif

  • av98m's Avatar
    43,014 posts since Oct '03
  • charlize's Avatar
    30,210 posts since Mar '05
  • Demon Bane's Avatar
    3,228 posts since Dec '10
  • Arapahoe's Avatar
    7,075 posts since Jan '07
    • for those that spend a zillion on HDB pls look no further than Japan.....

      If this Nuke plant is not contained......I would not be surprise that it would trigger a world wide recession.....

      Edited by Arapahoe 13 Mar `11, 7:44AM
  • charlize's Avatar
    30,210 posts since Mar '05
    • Originally posted by Arapahoe:

      for those that spend a zillion on HDB pls look no further than Japan.....

      If this Nuke plant is not contained......I would not be surprise that it would trigger a world wide recession.....

      Will it?

       

      That bad? icon_lol.gif

  • Demon Bane's Avatar
    3,228 posts since Dec '10
    • Its the worst disaster ever for Japan....will it affect our HDB pricing? Not likely....

  • likeyou's Avatar
    9,394 posts since Sep '06
    • Originally posted by Demon Bane:

      Soon everybody will be in debts becos bought too expensive HDB flats....icon_lol.gif


      The next generation will have to loan for more than 30 yrs.

      Yes all in debts.

  • sgdiehard's Avatar
    5,208 posts since Jul '04
    • Originally posted by Arapahoe:

      for those that spend a zillion on HDB pls look no further than Japan.....

      If this Nuke plant is not contained......I would not be surprise that it would trigger a world wide recession.....

      when that happens, those who are waiting for HDB prices to drop should jump in to buy.....

  • Arapahoe's Avatar
    7,075 posts since Jan '07
    • Originally posted by charlize:

      Will it?

       

      That bad? icon_lol.gif

      Do u think the next generation flat will be built to withstand Radiation together with Bomb shelter?

       

  • likeyou's Avatar
    9,394 posts since Sep '06
    • Originally posted by Arapahoe:

      Do u think the next generation flat will be built to withstand Radiation together with Bomb shelter?

       


      Maybe...also quark resistance. All add up to more cost.

  • charlize's Avatar
    30,210 posts since Mar '05
    • Originally posted by Arapahoe:

      Do u think the next generation flat will be built to withstand Radiation together with Bomb shelter?

       

      You want your 3 room flat to cost 3 million dollars? icon_lol.gif

  • angel7030's Avatar
    30,628 posts since Jul '07
    • Originally posted by Arapahoe:

      Do u think the next generation flat will be built to withstand Radiation together with Bomb shelter?

       


      They can't even cool the HDB prices, not to mention nuclear plant

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