I am here first

[yowetan]

HDB changing income ceiling for household. What will happen? My landed will worth more?

[CondoWE]

HDB changing income ceiling for household. What will happen? My landed will worth more?

First got prize?

LOL!!!

[Arcachon]

HDB changing income ceiling for household. What will happen? My landed will worth more?

Yes and No.

[Pynchmail]

Yes and No.

Correct.

[watchlist88]

HDB upping income ceiling is to satisfy mass market younger couples who can easily hit $10k (for BTO) or $12k (for EC) combined ceiling nowadays after working a few years. Actually it could cause demand for private condos to drop slightly cause some couples might decide to buy BTO or EC since income ceiling will be raised.

As for your $4m plus landed at Mount Sinai, don't see any impact cause buyers of your type of housing are not mass market buyers. So your situation all depends on demand and supply in landed market.

[saintgtril]

My first post,

Disclaimer: I am a newbie. What i learnt is that on a general note:

If the BTO income ceiling is raised from $10,000 to say $12,000, some of the folks who currently qualify for ECs might go for new BTOs.

Those folks who currently earning more than $12,000 might still go for private condos - the commodities are not subjected to various EC regulations.

Resale HDB prices might go down further as more households qualify for new BTOs when the income ceiling be raised. This might affect HDB upgraders. This group will naturally concerned of their HDB resale value when they decide whether to upgrade or not.