Will my kids be able to afford housing?

[rushifa666]

why dont you guys just answer him/her serious and not sarcastically?

And you did. Your reply is even more worthless than theirs, which are at least entertaining

 

[kryonlight]

Chop wood. Lots of trees

I am sure you could think of better contingency plans. How much wood would you need to store up to last you through a single winter?

 

[nayr69sg]

I am sure you could think of better contingency plans. How much wood would you need to store up to last you through a single winter?

Actually there are people doing this still.

Budget two logs about 2 feet long and 1 foot wide a day. Not that many lah.

 

[eatshitndie]

Actually there are people doing this still.

Budget two logs about 2 feet long and 1 foot wide a day. Not that many lah.

wood and lumber very expensive now with massive wild fires in california - combo factor of trees getting torched and lumber yards stocking up for next year's (re)build. just did my backyard fence with fresh lumber for the price of an old toyota corolla.

 

[eatshitndie]

Singapore home property prices to rise faster over next 2 years, says Goldman Sachs
[email protected],EdgeProp Wed, 13 Dec 11:57 PM GMT-8

SINGAPORE (Dec 13): Goldman Sachs says residential property prices in Singapore could beat previous expectations and increase by 5% per annum in 2018 and 2019.

Goldman Sachs had previously forecast that home prices would rise by between 1 to 3% per annum over the next two years.

The rosier outlook comes on the back of a 0.7% quarter-on-quarter improvement in residential property prices in 3Q17 – the first uptick after 15 consecutive quarters of decline.

(Credit: Samuel Isaac Chua/The Edge Singapore)

“In Singapore, prices, policy and rates find an intricate balance, giving rise to new opportunities for growth,” says lead analyst Paul Lian in a report on Dec 6. “And with the cyclical upcycle well underway, the focus has shifted to developers with more active investments for outperformance.”

“The recovery is also creating more opportunities for developers in the residential segment, and yields should compress as the growth in capital values outpaces rental growth over the next two years,” he adds.

According to Goldman Sachs, home prices are set to be driven higher by a combination of declining inventories, higher land costs, pent-up demand, replacement demand from en bloc sales, and still low interest rates.

"Home sales have been sluggish since the Total Debt Servicing Ratio (TDSR) framework was introduced in June 2013, and near-term buying from pent-up demand over the last four years will be a key driver of home prices in the near-term,” says Lian.

“The baby steps to ease policies in March 2017 signaled the government’s more accommodative stance towards the housing market and home buyers that were previously on the sidelines returned,” he adds.

While upward pressure on home prices could see the government stepping in to implement addition demand-side property cooling measures, Lian believes there are “several factors mitigating the risk of a policy reversal.”

These include a high number of vacancies, which is expected to continue to place pressure on rents and rental yields. As of 3Q17, the number of vacant private homes stood at 30,136 – close to an all-time high. According to Lian, this implies a vacancy rate of 8.4%.

“Mitigating factors allay fears over a policy reversal and additional cooling measures,” Lian says. “Rather, we expect that the government will increase land supply to rein in rising land prices.”

“Stocks have further to go and we expect the next leg to be driven by accelerating NAV (net asset value) growth, underpinned by improving physical market fundamentals, similar to the 2005 upcycle,” Lian says. “The cyclical upturn in residential and office is creating opportunities for NAV growth; we think developer NAVs can grow 6-9% per annum for the next three years, from 3-4% previously.”

The analyst says he prefers developers that have larger exposure to the residential and office recovery, which he believes the market has yet to fully price in.

In this light, City Developments (CDL) is Goldman Sachs’ top pick.

“Singapore’s residential bellwether, CDL, is one of the most active developers,” says Lian. “We believe CDL today is more returns-focused and we expect the highest core ROEs versus peers over the next 3 years.”

Goldman Sachs is upgrading CDL to “buy”, from “neutral” previously, and raising its target price to $16.20, from $12.06 previously.

“With the largest residential land bank in our coverage, CDL is a prime proxy to ride the upcycle,” says Lian. “Its strong launch pipeline should enable it to maintain its high single-digit market share in the housing market and benefit from a broadening of the housing recovery into the high-end segment, serving as further impetus for growth.”

This story, written by Stanislaus Jude Chan for The Edge Singapore, first appeared on Dec 13.

 

[rushifa666]

What shock they had a glowing review. Im so surprised. Luckily not eating now

 

[Hangover]

381,000 owns a private property in Singapore, of which 15% also owns HDB.
59000 people owns 2 private homes in Singapore
20000 people owns 3-10 private homes, excluding commercial properties
About 200 owns more than 10 private homes, excluding commercial properties

https://www.propertyguru.com.sg/pro...e-own-3-to-10-private-homes-in-spore-ministry

 

[sweetiepie]

381,000 owns a private property in Singapore, of which 15% also owns HDB.
59000 people owns 2 private homes in Singapore
20000 people owns 3-10 private homes, excluding commercial properties
About 200 owns more than 10 private homes, excluding commercial properties

https://www.propertyguru.com.sg/pro...e-own-3-to-10-private-homes-in-spore-ministry

my uncle say among the 381k pte home owner with hdb are self inflicted kong kum tam chia ter nao sinkie losers that tries to borrow money from him to spend lavishly.

 

[Hangover]

my uncle say among the 381k pte home owner with hdb are self inflicted kong kum tam chia ter nao sinkie losers that tries to borrow money from him to spend lavishly.

Your uncle is Wee Cho Yaw?

 

[sweetiepie]

Your uncle is Wee Cho Yaw?

my uncle say he is wee teo cho bay yaw as he won't borrow money for cho.

 

[tanwahtiu]

Use wood is outdated. People use real coal dug from earth.

I am sure you could think of better contingency plans. How much wood would you need to store up to last you through a single winter?

 

[Scrooball (clone)]

Only a dumb-ass will throw millions in buying a HDB flat to stay.

What kind of weed are u smoking? Don't dua kang and exaggerate la. Pay MILLIONS to buy hdb flat. Granted there could be a few isolated cases whereby they sold for 1 million at most.

 

[Seee3]

When simple words from some office bearer can cause usd to tumble suddenly to 3 years low, something is going to happen. It has nothing to do with fundamental, but purely economic manipulation. At this low, interest rate can rise quite alot without causing the usd to be too expensive.

Since last year, the market was trying to talk up property price. 2018 was said to be the last chance to off load whatever you can. Now the picture is becoming clearer.

 

[rushifa666]

Sinkies are swivel eyed loons. Their brains cant be trusted to process lies

 

[Hangover]

Home loans get pricier as banks hike interest rates again
http://www.straitstimes.com/busines...et-pricier-as-banks-hike-interest-rates-again

Home prices and rates going up.

381,000 owns a private property in Singapore, of which 15% also owns HDB.
59000 people owns 2 private homes in Singapore
20000 people owns 3-10 private homes, excluding commercial properties
About 200 owns more than 10 private homes, excluding commercial properties

https://www.propertyguru.com.sg/pro...e-own-3-to-10-private-homes-in-spore-ministry

 

[Hangover]

Singapore housing prices may rise as much as 10 percent this year, CapitaLand CEO Says
https://www.bloomberg.com/news/arti...-prices-may-rise-up-to-10-capitaland-ceo-says

 

[Hangover]

Windy heights on enbloc-sale
http://www.straitstimes.com/busines...-eunos-launched-for-collective-sale-at-s8062m

 

[eatshitndie]

huat ah! so says starfucks ceo. retail rental to cum down when brick and mortar stores can no longer afford escalating high rent these days coupled with the fact that more shoppers are going online. but....looks like retail landlords will not budge so soon as they would rather have empty store fronts than lower rent.

https://finance.yahoo.com/news/starbucks-schultz-opening-stores-rents-coming-130020915.html

 

[Hangover]

Construction companies going to benefit from the enbloc fenzy

 

[Hangover]

Resale prices of private condo unit up 7.6% in February
Despite the increase of resale prices, more private condo units were resold in February with 68.6% yoy increase or 1212 units.
http://sbr.com.sg/residential-property/news/resale-prices-private-condo-unit-76-in-february