Originally posted by allkosong:Now let's see if we can squeeeeeze 10 million people into tiny little Singapore... build higher, build smaller, what else...? LOL!
by then the units I buy now would go up very very very high lah....huat ah....
Small can be beautiful.......just hope its not too small for comfort......
Originally posted by Demon Bane:Small can be beautiful.......just hope its not too small for comfort......
The only time small is good is when u don't need to spend so much time cleaning.
That is always the reason people give to justify buying the flats now.
But given a choice, u want to live 20 years in a packed flat or in a huge bungalow?
Originally posted by charlize:The only time small is good is when u don't need to spend so much time cleaning.
That is always the reason people give to justify buying the flats now.
But given a choice, u want to live 20 years in a packed flat or in a huge bungalow?
Its a dream for everyone wanting their very own bungalow....but for the current prices, we can only dream on....
Originally posted by Demon Bane:Its a dream for everyone wanting their very own bungalow....but for the current prices, we can only dream on....
I think they have Ben Gah Lows on 20 year leases
Originally posted by Demon Bane:Its a dream for everyone wanting their very own bungalow....but for the current prices, we can only dream on....
Life is surreal.
Originally posted by charlize:Life is surreal.
I think the best is to buy what we can afford....I have many frens forking alot of $ on private 1 bdrm condos...I dunno why they can pay S$600K for that....500sqft only....crazy ! If use that on HDB BTO flats can easily get a 5 bdrm....and have some $ for renovations too....
Originally posted by Demon Bane:I think the best is to buy what we can afford....I have many frens forking alot of $ on private 1 bdrm condos...I dunno why they can pay S$600K for that....500sqft only....crazy ! If use that on HDB BTO flats can easily get a 5 bdrm....and have some $ for renovations too....
Well they could be doing it as a form of investment I guess.... although why they would choose to buy private first over govt HDBs is beyond me.
Maybe its to do with Face. A flaw I see alot of asians in general having.
That would also be the reason why some buy cars in SG when they do not even have a roof?
Originally posted by Genie99a:
Well they could be doing it as a form of investment I guess.... although why they would choose to buy private first over govt HDBs is beyond me.
Maybe its to do with Face. A flaw I see alot of asians in general having.
That would also be the reason why some buy cars in SG when they do not even have a roof?
Yes....definitely a "face" issue....
Originally posted by Demon Bane:I think the best is to buy what we can afford....I have many frens forking alot of $ on private 1 bdrm condos...I dunno why they can pay S$600K for that....500sqft only....crazy ! If use that on HDB BTO flats can easily get a 5 bdrm....and have some $ for renovations too....
They just don't want to clean the house too much.
Small spaces, less area to clean.
Really.
HDB flats are improving in quality....compared to 30y ago....that's also why the prices keep going up....material and building costs all expensive now....so they build smaller flats...
Originally posted by Demon Bane:HDB flats are improving in quality....compared to 30y ago....that's also why the prices keep going up....material and building costs all expensive now....so they build smaller flats...
We have to come up with a reason, any reason to justify sky high prices.
Originally posted by charlize:We have to come up with a reason, any reason to justify sky high prices.
Reason? Just say people are still buying at these high price levels....so sell to them expensive homes....
Originally posted by Demon Bane:Reason? Just say people are still buying at these high price levels....so sell to them expensive homes....
people who got that kind of money are not stupid...
Originally posted by sgdiehard:people who got that kind of money are not stupid...
Precisely, so why are they still buying? Obviously they think that the prices can still go up much more, right ?
Originally posted by Demon Bane:Precisely, so why are they still buying? Obviously they think that the prices can still go up much more, right ?
that is the point! if some think the prices are still going up, and they buy. So there is nothing to do if prices are high or not, it is whether they are still going up. to some it is expensive home, to others it is good investment.
Why should the government artificially restrain the prices from going up?
Originally posted by sgdiehard:that is the point! if some think the prices are still going up, and they buy. So there is nothing to do if prices are high or not, it is whether they are still going up. to some it is expensive home, to others it is good investment.
Why should the government artificially restrain the prices from going up?
It'll be difficult to control the prices....its the matter of demand and supply, as long as people are still buying, the prices shall continue to move slowly up....
Originally posted by Demon Bane:It'll be difficult to control the prices....its the matter of demand and supply, as long as people are still buying, the prices shall continue to move slowly up....
The government can impose new rulings to dampen the market. BUT, if the demand is coming from Singaporean, then you let prices go up, singaporean complain, you let prices go down, singaporean complain.....that is the issue.
We can't discourage singaporean from investing in properties, we also don't want to the prices to go up too fast and too high so that some others singaporean can afford to buy a roof.....but it can be the same singaporean who will kpkb whatever happens.....I know this guy who own 2 properties and still have some cash....on one hand he is very happy that the 2 properties he has appreciated much in value, on the other hand, he kpkb the government because the prices went up to fast and he missed the chances of getting a third property......
That is life man....
Originally posted by Demon Bane:It'll be difficult to control the prices....its the matter of demand and supply, as long as people are still buying, the prices shall continue to move slowly up....
Who says difficult?
Just release 1 flat a year and import another 1 million people into the country.
Originally posted by sgdiehard:The government can impose new rulings to dampen the market. BUT, if the demand is coming from Singaporean, then you let prices go up, singaporean complain, you let prices go down, singaporean complain.....that is the issue.
We can't discourage singaporean from investing in properties, we also don't want to the prices to go up too fast and too high so that some others singaporean can afford to buy a roof.....but it can be the same singaporean who will kpkb whatever happens.....I know this guy who own 2 properties and still have some cash....on one hand he is very happy that the 2 properties he has appreciated much in value, on the other hand, he kpkb the government because the prices went up to fast and he missed the chances of getting a third property......
That is life man....
That's why people say they shot themselves in the foot.
For the sake of making more money for themselves, property prices now cannot go either direction because they would upset hundreds of thousands of people either way.
Originally posted by charlize:The only time small is good is when u don't need to spend so much time cleaning.
That is always the reason people give to justify buying the flats now.
But given a choice, u want to live 20 years in a packed flat or in a huge bungalow?
Smaller flat size is good for HDB sales.
With bigger flats, families try to squeeze more people into it. So lessen demand.
With smaller flats, more people need to get their own place, increase demand and now at higher price.
No matter how they stick it to you, they win.
Originally posted by charlize:Who says difficult?
Just release 1 flat a year and import another 1 million people into the country.
That's unlikely lah....
Originally posted by Demon Bane:That's unlikely lah....
Unlikely does not mean will never happen.
Just like it is unlikely you will strike toto but somehow the first prize will be won almost every week by someone in Sg.
Originally posted by charlize:Unlikely does not mean will never happen.
Just like it is unlikely you will strike toto but somehow the first prize will be won almost every week by someone in Sg.
People will tell you this "chances are, we will build more flats"