Originally Posted by
pod
With the large numbers of HDB completion/pte condos etc etc what do u guys think about the rental effect in Punggol or Sengkang area?
I am talking about next year onwards.
*esp if u personally own a ppty there, whether punggol or at sengkang . (doesnt matter hdb/pte condo etc)
HDB not much difference as the new HDBs cannot be rented out mostly.
Private, not sure but many bought for own stay or upgrade. It depends also on what up graders do about their HDBs if they have. Will they sell or rent?
But even if they put up for rent, the negative effect is minimal because it's still tied to nation's rental prices.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.