FAPee To Jep Up Landed House Price Next!

[makapaaa]

Jan 8, 2011

Landed home crunch set to worsen

Developers likely to offer more strata-titled homes to intensify land use

<!-- by line -->By Esther Teo
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Demand for landed homes has shot up on the back of the booming economy, but supply has not followed suit, giving rise to the popularity of strata-titled homes. -- ST FILE PHOTO

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LANDED homes are a rare commodity, and the crunch is expected to get worse in the coming years, going by the limited stock available.
In the past 10 years, the number of landed homes has gone up by just 6 per cent, while the number of apartments has risen by 47 per cent.
Out of a total of 256,513 private homes, 69,701 were landed, as of the third quarter of last year, data compiled by Credo Real Estate showed.
The shortage is likely to mean that developers would look towards intensifying their land use, possibly offering more strata-titled landed homes instead.
These homes, also known as cluster homes, combine the posh appeal of conventional landed homes with shared condo-style facilities like pools and security.
But they come with strata titles, so owners cannot renovate or rebuild their homes like in conventional landed homes.

 

[dysentry]

Singapore, HK, Taipei all seem to be tracking China's property bubble.

We'll see how China controls its inflation and interest rates this year.

Currency remains undervalued, coal shortage from Australian floods, punishment is inflation.

 

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