Will HDB-flat price collapse ??

[Tiu-leh-see-fart]

Very unlikely.

HDB flats are politicised though the lease is 99 years.

80% blow their entire paper CPF money on HDB houses, billions and billions are wiped clean by PAP when HDB price is sky-high. This is the best method to dry up the CPF savings.

if a 3-room flat drops to 50k and a 4-room flat is worth only 70K , though this range of price is reasonable for public affordable housing, what would happen?

CPF money though is not a tangible liquid asset, HDB price collapses mean there sure to be riots against PAP ! Even the PAP supporters will go mad !

So die die, mah bow tan will not let the price collapses even if the world burns !

but if it must happen, PAP top pariah dogs will skip singapore ! Riots will explode, dogs can't run in time will be mauled apart by their supporters

 

[po2wq]

if recession, coy retrench ...

if coy retrench, ppl no job ...

if ppl no job, ppl no moni ...

if ppl no moni, ppl cant pay ...

if ppl cant pay, how? ...

 

[VIBGYOR]

but if it must happen, PAP top pariah dogs will skip singapore ! Riots will explode, dogs can't run in time will be mauled apart by their supporters[/I]

HDB prices will collapse only if any of the following 2 happens.

1. 7.5 on the Richter Scale.
2. Private property prices collapse.

 

[Tiu-leh-see-fart]

Lets wait and see.

if the economy drops to minus, let say -2 or -3 %, pariah dog Mah will still hold his stance---Golden HDB price.

resale market will still see high COV, and new flats to build less to stir demand.

can you imagine an owner pays $220 for 3-room flat in resale market and another one pay $250 for 4-room new flat suddenly collapse 50% ?

Millions and millions will have their CPF wipe clean and still have to pay the outstanding loan.

So, in this regard, winning votes is better than being dethroned and face prosecution.

HDB price is dilemma for PAP. How long more they can dance?

if recession, coy retrench ...

if coy retrench, ppl no job ...

if ppl no job, ppl no moni ...

if ppl no moni, ppl cant pay ...

if ppl cant pay, how? ...

 

[funglung]

ha ha ha ho ho ho hee hee hee

The same way COE cannot collapse to $2 is it?

hee hee hee ha ha ha ho ho ho

 

[Man in the streets]

Good comparision.

COE is like COV(cash over value for HDB), it is adjustable to con people into buying while the principal value still intact.

They are invented to earn money to impress the monkey familee.

All ministers have a job to do, they must please only one man, the rest die their business .[/I]
QUOTE=funglung;135011]ha ha ha ho ho ho hee hee hee

The same way COE cannot collapse to $2 is it?

hee hee hee ha ha ha ho ho ho[/QUOTE]

 

[myfoot123]

Very unlikely.

HDB flats are politicised though the lease is 99 years.
if a 3-room flat drops to 50k and a 4-room flat is worth only 70K , though this range of price is reasonable for public affordable housing, what would happen?

No lah bro, if 3-room and 4-room are fetched at this kind of price, no one in their logic mind will sell. Beside, 3-room are limited in Singapore as compare to bigger size flats. Money can earn back but having a roof over the head is still very important. Would you like to sleep in the park?

The highest possibility in Singapore now will be massive downgrader from biggher room to smaller room flat. Thus, on the contrary, you might see 3-room flat valuation reaching $300K. Thus the reason why govt are now building more smaller flats to cater to shortage in supplies.

 

[popdod]

The highest possibility in Singapore now will be massive downgrader from biggher room to smaller room flat. Thus, on the contrary, you might see 3-room flat valuation reaching $300K.

Thus the reason why govt are now building more smaller flats to cater to shortage in supplies.

Thanks to our ingenious Mah B. Tan.
Without his planning of abolish 3-rm flats in the late 80s....3-rm flats now
won't be in demand.

:o :o

 

[zhihau]

Very unlikely.

the HDB prices could drop.