Not buying anything now. Staying in my hdb for so long. Never know why some ppl are willing to take 500k loans and paying 2k monthly to buy some hdb flats.
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Chitchat I feel the earth move.... property crash tumbling down coming soon...
- Thread starter tanwahtiu
- Start date
Not buying anything now. Staying in my hdb for so long. Never know why some ppl are willing to take 500k loans and paying 2k monthly to buy some hdb flats.
There are plenty of sinkies who can well afford hdb easily.
Then sell hdb upgrade to condos
Until the deferment ends then we can see the true market. Else now is just fake
USA Ang moh also paying cov now. And alot of ppl are under loan forbearance. Everything now is just masking the issues.
And 1.4 million collecting gst vouchers?
Anything with huge amount of loans is affordable.
If need to extend will extend one lah.
I am very sure hdb price won't crash anytime soon.
Gd nite
They won't extend Liao. Already say Liao.
Anytime soon is how long? Lol
Gd nite sis
Sis ur head lah. Lol
Oh bro .....haha...
https://www.mas.gov.sg/regulation/covid-19/frequently-asked-questions
Present program is until 31 Dec 2021. They extended it in Oct 2020.
Still got time. Have to see how the covid situation goes in the next 3 to 4 months.
If things are bad MAS have to decide if people take the pain or they help. I think they will be more inclined to extend rathet than cause lots of pain as there will be ripple effects in the collapse.
Haha bro.
Mas have to compensate the banks else banks will chop ppl. This thing gonna last another 3 years so eventually those ppl are gonna default. Just kick the can further only. I can estimate they will not extend it. Like now won't give stimulus.
Hopefully covid is over in next 3 months. Then economy pick up again liao
3 months difficult.
3 years maybe
ya. I agree with superman bro. likely 3 years. by then many countries will have to deal with the debts they accumulated to finance the covid lockdowns.
Actually the situation in other countries may be different from Singapore.
Singapore tourism and international air travel and airport is big chunk of economy.
It is very possible that North America will be ok in the next few months. We already easing up. And USA is already almost back to normal.
But for international air travel to recover will take a long time.
So Singapore will be hard hit.
Hahaha i suppraman
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