Chitchat I feel the earth move.... property crash tumbling down coming soon...

[hbk75]

Which hike rate u talking about?

U go read about what is happening in the USA. Inflation running hot. And repo market having issues.

 

[hbk75]

If u believe Powell will hike rates only in 2023 then u are not reading around much.

 

[Ralders]

So condos dropped cheaper than hdb will u buy hdb? Lol

All drop are proportional. Same like the previous property cycles.

Condos won't drop cheaper than hbd.
Ppl looking at nett profits .
Example for a new bto hdb bidadari bought $500k ++ estimated .
Likely to sell for $800 - $1m.

Condos bought at $1m ++example.
U sell for $1.2 -$1.4m
Similar profits or hdb may profits more.
Than in return bought a new condo back in sengkang or punggol.

 

[hbk75]

Condos won't drop cheaper than hbd.
Ppl looking at nett profits .
Example for a new bto hdb bidadari bought $500k ++ estimated .
Likely to sell for $800 - $1m.

Condos bought at $1m ++example.
U sell for $1.2 -$1.4m
Similar profits or hdb may profits more.
Than in return bought a new condo back in sengkang or punggol.

Let see. I believe that fed will hike rates sooner than most ppl thinks.

 

[Ralders]

If u believe Powell will hike rates only in 2023 then u are not reading around much.

Let see. I believe that fed will hike rates sooner than most ppl thinks.

Gd nite.

 

[hbk75]

Condos won't drop cheaper than hbd.
Ppl looking at nett profits .
Example for a new bto hdb bidadari bought $500k ++ estimated .
Likely to sell for $800 - $1m.

Condos bought at $1m ++example.
U sell for $1.2 -$1.4m
Similar profits or hdb may profits more.
Than in return bought a new condo back in sengkang or punggol.

Do u know many ppl are begging hdb to allow them to sell their bto early now before mop because they cannot pay anymore.

 

[Ralders]

Do u know many ppl are begging hdb to allow them to sell their bto early now before mop because they cannot pay anymore.

Never heard of this . Except for divorced case.
Most can afford the hdb loan.

 

[hbk75]

Never heard of this . Except for divorced case.
Most can afford the hdb loan.

Many hdb buyers are using bank loans these days. Many sellers are Malay so much often do malays divorce?

 

[hbk75]

Plus many are deferring their hdb loans and still in extension until Sept 21. Others have extended their loans until 65 to lower the installments.

 

[Ralders]

Many hdb buyers are using bank loans these days. Many sellers are Malay so much often do malays divorce?

Don't know many malay sell house .
All races sell house.
More safety will
use hdb loan
10% down
Bank are for those more well off.
25% down

 

[Ralders]

Plus many are deferring their hdb loans and still in extension until Sept 21. Others have extended their loans until 65 to lower the installments.

Condos deferment alot . Yes.
But hdb not really.
Most staying in hdb don't need to fork out cash except for self employed like taxidriver.

 

[Ralders]

Plus many are deferring their hdb loans and still in extension until Sept 21. Others have extended their loans until 65 to lower the installments.

U working property agent , hdb sales or bank loan dept?

 

[nayr69sg]

when community cases zero. many thought the worst is over, but now pap put in the cake leng virus. hong gan liao.

plus the debt deferment ending. so within months banks will start chasing ppl. see how many will default.

MAS can always extend the deferment.

 

[Ralders]

Many hdb buyers are using bank loans these days. Many sellers are Malay so much often do malays divorce?

Do u know bank loan is much lower than hdb loan?
In term of length and monthly amount payment.

 

[hbk75]

U working property agent , hdb sales or bank loan dept?

I dun do all these by I did alot of research personally.

 

[hbk75]

Do u know bank loan is much lower than hdb loan?
In term of length and monthly amount payment.

That is why people can buy expensive hdb. They will not be able if they uses hdb loan.

 

[hbk75]

MAS can always extend the deferment.

They won't extend longer Liao. They already say like that will create alot of zombies and will become worst later. If they want they should write off the debts instead.

 

[hbk75]

Condos deferment alot . Yes.
But hdb not really.
Most staying in hdb don't need to fork out cash except for self employed like taxidriver.

Dun u know alot of loans from banks under deferment could be used to finance hdb flats?

 

[Ralders]

I dun do all these by I did alot of research personally.

Nice ..
U a homeowner of hdb or condo ec?
Married or staying with parents CO owned?
U planning to buy or sell?
If selling , plan to buy again.

 

[Ralders]

Dun u know alot of loans from banks under deferment could be used to finance hdb flats?

U forsee hdb prices will collapses?
Many ppl will sell hdb cause can't afford?