Page 1 of 2 12 LastLast
Results 1 to 10 of 18

Thread: When will HDB relax the rule?

  1. #1
    Junior

    User Info Menu

    Default When will HDB relax the rule?

    I know it is too early, but the current HDB rule seems too strick. COV will soon go down. Funny enough the valuation according to market price will then have to go down a couple of months later. Upgraders, downgraders and people just moving places will all be affected (if they own both Private and HDB).
    Do you guys think the rule will be relaxed? If yes, when? Mar 2011 after Election?

    Thanks,
    Richard

  2. #2
    I sell Cheese Pie

    User Info Menu

    Default

    Shouldn't relax the Aug 30 measures at all, at least till the prices normalise back. These HDB flats prices have goner far too high and are now at totally crazy peak prices.

    In 2006, a HDB 3 rm flat in Toa Payoh (near MRT) would cost about $185k to $195k tops.

    Now it is $320k to 330k!

  3. #3
    Junior

    User Info Menu

    Default

    let the rules stay for good ~

    in fact should tighten some more hehe

  4. #4
    OCR properties going to crash!

    User Info Menu

    Default

    HDB should be for own stay and reserved for citizens only! The rules should be tightened further so that only citizens can buy, NO NO to PRs! (If PRs want to buy, convert to Citizens first!). Same for ECs!

    Quote Originally Posted by richwang
    I know it is too early, but the current HDB rule seems too strick. COV will soon go down. Funny enough the valuation according to market price will then have to go down a couple of months later. Upgraders, downgraders and people just moving places will all be affected (if they own both Private and HDB).
    Do you guys think the rule will be relaxed? If yes, when? Mar 2011 after Election?

    Thanks,
    Richard

  5. #5
    Junior

    User Info Menu

    Default

    Cannot keep flip flopping lah - like that sure boom and bust cycles. The rules should remain - in short, if you want to invest, go to the private property market with less restrictions.

    Quote Originally Posted by richwang
    I know it is too early, but the current HDB rule seems too strick. COV will soon go down. Funny enough the valuation according to market price will then have to go down a couple of months later. Upgraders, downgraders and people just moving places will all be affected (if they own both Private and HDB).
    Do you guys think the rule will be relaxed? If yes, when? Mar 2011 after Election?

    Thanks,
    Richard

  6. #6
    Junior

    User Info Menu

    Default

    cannot recall that HDB got relax the rules. But I think some smart industry players will come up with new ideas to counter these rules to move the market.

    When government say no defer payment, players came up with interest absorption scheme.

    The games will be played again and again.

  7. #7
    Junior

    User Info Menu

    Default Early Turning Sign

    I am not trying to enter a debate, just trying to time the market.
    This time round, the price adjustment is caused by HDB price drop, so it will be logical if we closely watch when HDB price will be buttom. And that is mainly affected by the rule to be relaxed.
    There is an article on the newspaper over the weekend, talking about the rules will be relaxed "sooner than expected". Could anyone post the link?
    Of course, most people are now expecting the rule will be there for ever, obviously the rules will not last that long. If the HDB price will further drop until 2012, that might be the time the rule will be relaxed. Again, I am just trying to find the early sign for the next market turn.
    Just a reminder, there is a CEO of a big private developer sitting on HDB board. So soon after the Election, they will start to influnce the rules. HDB upgraders are the first support to the 99LH. If Wing Tai is bidding low end 99LH, they know something we don't.

    Thanks,
    Richard

  8. #8
    Junior

    User Info Menu

    Default

    I believe the rules on hdb / private holding will stay. They are trying to decouple or minimise the influence of the two. Which I think is only proper. Those already in the private league should stay with private, unless downgrading for some reason. This rule will stay to run it's course and will take some time. Rules may bent a while though, if there is a crisis. After crisis will revert back. So the rules is meant to stay.

  9. #9
    I sell Cheese Pie

    User Info Menu

    Default

    The current rules will stay for at least 3 years minimum.

  10. #10
    Junior

    User Info Menu

    Default

    Quote Originally Posted by Geylang OKT
    Shouldn't relax the Aug 30 measures at all, at least till the prices normalise back. These HDB flats prices have goner far too high and are now at totally crazy peak prices.

    In 2006, a HDB 3 rm flat in Toa Payoh (near MRT) would cost about $185k to $195k tops.

    Now it is $320k to 330k!
    welcome to the new norm. we have grouses that prices are too high, but are the newly released government state land cheap?

    just a month ago, HDB is selling a brand new 5rm flat in SengKang for $400+k. in my opinion, it doesn't help the situation. if you ask me, it seems like the government wants the cake its hands and eat it at the same time.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •