Originally Posted by linchong84
what is "resale MOP prices"?
only heard of "resale price", "resale COV", "resale MOP(minimum occupation period)"
Originally Posted by linchong84
what is "resale MOP prices"?
only heard of "resale price", "resale COV", "resale MOP(minimum occupation period)"
What does this have anything to do with the new HDB policies ? To me the new policies have addressed specific ppl's specific needs. It's at least politically correct.Originally Posted by kingkong1984
I thought affordability is the issue here... So asking if this is better.... Hdb more affordable and not in line with pte.. Will singaporeans be happier?Originally Posted by amk
The policy did not address young couple's needs. In fact things will be worse for them, since many new groups can now buy HDB and enjoy more discounts, thus theoretically able to offer higher COV. Only the $8-12k group is happier.Originally Posted by amk
I so agree, one group's gain equal the other groups lost.Originally Posted by hyenergix
Below 8k group should start to complain and ask for more grant... Let the up trend continue
During the general election, it was about affordability and hdb flats being too expensive. It seems now they are raising ceiling so more people can buy, seems rather contradictory before and after ge
Immediate impact: the HDB resale and pty property markets will lose some of the 10k to 12k salary segment who would change to buying HDB subsidised flats instead
Income ceiling was also one of the issue discussed during the last GE.Originally Posted by Regulators
Anyway, it is indeed contradicting when the introduction of the revised income ceiling will potentially raise the buying power of couples for HDB resale. This would inevitably result in price escalation due to higher COV and affordability was also one of the hot button topic during GE.
The $10-12k income group should not enjoy any subsidies, and this should be diverted to the lower income group instead. Being able to buy HDB is already a privilege. Perhaps the $10-12k group are more vocal.Originally Posted by ysyap
Not really, the huge number of BTO flats and other offerings coming on board in increasing numbers will nullify any increase, if at all.Originally Posted by ysyap
Actually even before the new rule, is there really so many 10-12k locals buying Hdb resale? Face conscious, I think most had gone for condo liao leh...Originally Posted by Geylang OKT
I would rather want to make more money than worry about face lahOriginally Posted by taggy
The buyers most likely buy one HDB, then 5 years later buy another condo. Then they rent out the HDB, or sell the HDB for mega profit. Suffer for 5 years only mah. A lot of HDB are in good locations too.Originally Posted by taggy
i think most would wanna buy and hold a hdb cash cow, to milk rental. and save for 5yrs for a condo later. anyway on the streets, common to hear that hdb is cashcow for rental. so who wouldnt want??Originally Posted by taggy
Milk while you can before Govt introduce measures to curb this cash cow! Things are very unpredictable these days!Originally Posted by jwong71
i think it is the below 10k (previously is below 8k) group buy hdb resale, bec they get 30k grant.Originally Posted by jwong71
for the 10-12k group, all along they do not get 30k grant for hdb resale, so i reckon few from this group were/are buying hdb resale. So for this group, i think now they will just switch their target from condo to ec(for cheaper price and grants).
Why would they want to buy resale hdb? Hello... the 10k to 12k group are gunning for the hdb subsidised flats lah!Originally Posted by taggy
If you want to buy hdb resale in the first place.... there is no salary cap!
what the 30k grant, when they can buy new hdb at 260k and sell 400-450k in 5yrs time..Originally Posted by taggy
30k vs 100-200k profits.. ur choice??
you right, im gunning the new hdb soon.Originally Posted by Geylang OKT
30k grant vs 100-200k profits,
and
30 yrs old 3i 721sqft hdb(300-350k) VS brand new 4a 990sqft hdb(260-300k).
Smart move Bro!Originally Posted by jwong71
not just me, almost everyone and colleagues are looking forward to the hdb new launchesOriginally Posted by Geylang OKT
Tot u own condo b4?Originally Posted by jwong71
yup.. need to wait for 30months after dispose..Originally Posted by devilplate
soon la, just nice when the market correct.
You are waiting for another 2.5yrs?Originally Posted by jwong71
I think the market has already started correcting
Since u got the money to fry condo, y aim for hdb bto? Time is preciousOriginally Posted by jwong71
I wud rather u wait for recession if it happen and hoot condo or landed....den equity cash out on the paper profit or sell one to get a resale flat.
See above again
nope.. lesser years to countdown liao.Originally Posted by Geylang OKT
standby some funds for a new hdb and a condo under my parents' name
Why buy now when you can buy cheaper half a year later and much much cheaper a couple of years down the road?Originally Posted by devilplate
hdb cashcow lei.. hoot condos in parents' name,when the time come.Originally Posted by devilplate
good to hold cheap cashcow.
er.. actually my argument is, 10-12k group do not impact hdb resale much lah.Originally Posted by jwong71
if below 10k, then buy bto lor
Ur wife dun mind tat arrangement?Originally Posted by jwong71