$880,000: Priciest HDB flats launched in Tampines
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Yeap....possibly crash to Y2000 level....
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Any property market can potentially crash when prices reach historic highs.
Whoever heard of property market crashing when prices are in the doldrums?
Food for thought.
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Originally posted by charlize:
Hmm, this news not reported in ST today.
Not newsworthy?
Btw, I thought a few days back, there was a report that it was oversubscribed by 2x ?
oversubscribed because of number of ppl applying mah.. actual number of ppl who really go and place deposit and book the flats is much lesser. read somewhere that it sold less than 35% of the unit? and even for walking in, only 20 ppl go see? now if they want to reduce price,those who buy earlier will sure complain one...
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Originally posted by lemon1974:
oversubscribed because of number of ppl applying mah.. actual number of ppl who really go and place deposit and book the flats is much lesser. read somewhere that it sold less than 35% of the unit? and even for walking in, only 20 ppl go see? now if they want to reduce price,those who buy earlier will sure complain one...
That's why the government cannot do anything now to solve the property bubble.
Too many people rushed in to buy within the last few years when prices skyrocketed.
They can only hope global factors will affect Sg's economy so that they can use that as a reason to why prices are crashing in the future.
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Crash to Y1985 level possible??? Unlikely....the most Y2000 level i think....
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Originally posted by lemon1974:
oversubscribed because of number of ppl applying mah.. actual number of ppl who really go and place deposit and book the flats is much lesser. read somewhere that it sold less than 35% of the unit? and even for walking in, only 20 ppl go see? now if they want to reduce price,those who buy earlier will sure complain one...
Good! teach sim lian a lesson for trying to be funny in price setting. -
Originally posted by charlize:
That's why the government cannot do anything now to solve the property bubble.
Too many people rushed in to buy within the last few years when prices skyrocketed.
They can only hope global factors will affect Sg's economy so that they can use that as a reason to why prices are crashing in the future.
So clever Charlize. -
Originally posted by Almond Cookies:
So clever Charlize.First day living in Sg?
When good things happen, quickly take credit.
When bad things happen, blame the rest of the world, mother nature or statistical anomalies.
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Originally posted by charlize:
First day living in Sg?
When good things happen, quickly take credit.
When bad things happen, blame the rest of the world, mother nature or statistical anomalies.
U can be future prime minister of SINGAPORE. -
The main trend is up up and away....
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Originally posted by Demon Bane:
The main trend is up up and away....
And then pop goes the weasel.
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No choice. Heavy infulx of foreigners, who have sold everything from their homeland with money to spend and buy up our houses and lands like toys.
Singapore is one of the few countries where our men in white do not control the number of houses these rich FTs or foreigners can buy.
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Originally posted by Ryan Lee85:
No choice. Heavy infulx of foreigners, who have sold everything from their homeland with money to spend and buy up our houses and lands like toys.
Singapore is one of the few countries where our men in white do not control the number of houses these rich FTs or foreigners can buy.
Rising GDP is most important.
Really.
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Anybody wanna guess when will the property market crash?
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Any updates on what is the take up rate so far for this project ?