Many people say New Property Measures reveal something was terribly wrong at first !

[Tiu Kwang Yew]

Few days after the NPM are implemented, papers are sebei proud to tell the world that property as if has cooled down !
Many so-called speculators are backing out from their deals becos they need to sell their private property if they buy HDB flats---be they FTs , new citizens, or locals !

Very Scary right ! Just imagine before the new measures kick in , how many private homeowners oredi bought HDB flats for investment ??? How many, ask may the oppo parties ? This is a very imperative question becos the HDB resale and the new ones , the price all balloons beyond control becos they have engineered into investment values !
Willing buyers and willing sellers becum a HDB mantra when comes to tackling high price……no money for nasty COV ,you have to scram !
So how can local commoner-buyers looking for shelters compete with the moguls right ?

HDB has to reveal the number of private homeowners now owning HDB flats , using it as an investment to rent out !!!
This is too scary to imagine becos you have 500 k PRs in sinkapore., 100k millionaires and they can buy HDB resale flats and new flats ! Sinkapore is about Batam size , how many new 25 k flats per year can you build on sinkapore ? Think again, HDB flats will never be enough if the immigration madness continues !

Many people say—sometimes, if one cuntry’s politics becums too personal, its own people sure suffer right !

And still, most local sinkaporeans cannot see the big picture !

The New property measures will not bring down the housing price…..the misery continues…..the measures come too late in fear of losing votes !

Tragic ! God and deities help sinkapore !

 

[downgrader]

Re: Many people say New Property Measures reveal something was terribly wrong at firs

most people pay one property already going to die, where got money to invest second

so those pushing up market are the rich and the high risk takers, hoping to flip within 18 months

for me, i have a fully paid 30-yr old 4-room flat in aljunied, i live in one room and rent out two rooms - have 1,200 extra income every month, enough to live comfortably as long as i don't fall sick

 

[besotted]

Re: Many people say New Property Measures reveal something was terribly wrong at firs

stupid old arthritic guitarman

mortgage is below 1%, alot of farsighted people have tons of money while you downgraded

 

[Watchman]

Re: Many people say New Property Measures reveal something was terribly wrong at firs

Interesting !

 

[Watchman]

Re: Many people say New Property Measures reveal something was terribly wrong at firs

so those pushing up market are the rich and the high risk takers, hoping to flip within 18 months

There are some who flipping 10-20 at the same time .

Somemore no one knows ! If you ever do know . What you going to do about it .

Government will give ample time .