HDB resale flat prices hit all-time high
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- čas přidán 21. 04. 2022
- Prices of public housing resale flats in Singapore have hit an all-time high in the first quarter of this year. Market watchers say buyers are holding back on purchasing homes, which explains why fewer units changed hands last quarter. The total number of public housing resale transactions dipped 12.7 per cent from the previous quarter.
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its supposed to be affordable for sporeans PERIOD!!!
Not jihadist like you
That will only become a burden for the next few generations.
It already is for the current generation..
Singapore soon to be like Hong Kong
More adequately, like China.
Not a good thing
When folks compare singapore to hk. And say singapore is much better. Me: hk is a years ahead of us (not that we are managing housing situations better). Turning out to be true.
@@ryanyoutube7315 I wouldn’t say hk is years ahead. That would be the undesired outcome if it’s not well managed.
LHL's government did this. Young families can blame the PAP for having to pay more for housing than their parents did. This is all done to benefit PAP's political base at the expense of younger generation. Young families are forced to pay large premium to benefit the seniors and baby boomers, who are more loyal to the PAP.
Sorry to break your bubble. Younger generation only interested with their handphone. They don't have interest what going on around them. So they deserved to be punished for their ignorance. Only then can wake them up.
It's crazy, not to mention buyer stamp duty and all the other addon charges.
HDB Flat is not Singaporean Property , just a lease ! HDB own the Property , must return when it hit 99 years ! Why pay so high price for it ?! Don't be fooled by PAP 😄
👍👍👍👍👍
U gotit😇🙏
Lawrence Wong: Don't say I never say hor....
You are not entirely wrong 😂
By the looks of it, the price hit the peak, at least for now. If anything this is just a repeat of 2012, and there will be a 2015 2016
All time high does not neccessary translate to wealth .it will be long term commitment to just get a home above ones head which as human a necessity in the the 99 unit will just last less than half it will expire n be enbloc again n the cycle starts all over again .is the most stu-pig move to buy a house that high .is just 4 wall no much different whatever name they called condominium or executive flat.
I bought a old aged resale in 2018 for 290k now, now market value is 340k , unbelievable, I am fortunate to buy before pandemic hit hard
2% PER QUARTER for public housing. Congratulation if you want to setup a family anytime soon
Yes and high interest rate is coming and so those with high mortgage amount going to get burn soon.
Rent is high rocketing so owners won't sell, that's why resale price is high.
Quality of HDB units a class above that was built about 30 yrs back, "When compared Globally "
Prices of HDB Will Rocket.
HDB is going to get real expensive.
With inflation of Steel, Paint, Tiles Cement , renovation, Electrical piping cost..... HDB cant price units Cheaper anymore.
Indisputable & Undeniable Fact.
Flats built over the past 10 yrs,
The public feedback is quality & space has been compromised on costing concerns.
Renting seems a cheper option.
HDB flat is long term rental flat, that is why it is called leasehold and the 'owners' are called tenants in legal documents. The only difference from the other rental flats is that you pay your rent in advance in a lumpsum with financing available from government and banks.
@@chenghonggoh4746
Leasehold is not a rental flat.
Renting is different from lease.
@@justingomez4715 Lease is just long term rental. Rental paid in advance or by installments with interests. You cannot sell The Lease per say but only can transfer them to the new Leassor. Even if the flat is fully paid up you only get the copy of The Lease not the Original. Original keep by HDB meaning they are the Rightful owner.
@@Utube1024
Clearly Defined between lease and Rent . Don't confuse & misrepresent the terminology .
@@justingomez4715 Same same but different🤣🤣
Very soon, having a HDB flat means you are an millionaire.
If it’s worth a million, and it’s only half paid, then the person is half a millionaire. You need to minus the mortgage. Include total worth of assets, minus all the outstanding mortgages.
Nice, please continue to pump up property prices for the property tycoons. Let's see how PAP can ask bosses to pay high wages and salaries for Singaporeans to live expensively. Ha ha ha!
Heard the nominal price of BTO 3-room flat is close to 400K. Soon many will be camping by the road side like those in US.
There is always the short term lease HDB flats made available to the selected lower income. Poverty in sg is always hidden, will not be made public.
@@chenghonggoh4746 Short term lease probably for the old lower income group.
@@Utube1024 I believe these flats are made available usually on recommendation made by social workers though not necessarily just the older lower income folks. Sometimes people fall into hard times suddenly eg illness, bankrupcy, job loss, ...
@@chenghonggoh4746 If recommended by social workers meaning they already subjected to Mean Testing. Some people do not want to go through that humiliation.
@@Utube1024 Agree. When they appear at meet the MP session requesting help, they probably know they will be subjected to such checks. It is probably the lesser evil compared to seniors / less privileged who are not in the radar of the social workers. At least there is someone who checks on their well being once in a while.
But nobody buys...cause they know at great reset they will have nothing and they are forced to be happy (K.Swabb Great Reset!)
To be fair, base on median income. HDB are still affordable in those not prime area. All loan can be payoff within 10 year. PAP is doing a good job on housing. As for importing FT the execution is horrible. LOL
Continue to support PAP lah.
In 5 years time, a 3-room HDB resale flat at Seng Kang will cost $1 million dollars. 🙄
More Good Years was once the slogan🤣🤣😂😅