Property Views

[starlight1968sg]

Why are there so many rich pple?

[MrsKiasu]

Amazing…even COE also break record.

[Zeal mummy]

starlight1968sg\" post_id=\"2070248\" time=\"1655024358\" user_id=\"14025:

Why are there so many rich pple?

There are more poor people than rich ones.. but the rich ones are “broadcasted” more.

[Zeal mummy]

lee_yl\" post_id=\"2070247\" time=\"1655023949\" user_id=\"17023:

I am not keen to buy Piccadilly Grand or Liv@MB, just amazed that 3mths after the latest round of cooling measures, demand for new launches is breaking records one after another. Another new launch coming up, the one at Ang Mo Kio Ave 1, I guess it will be selling like hot cakes.
……

Yes, I didn’t think you were keen too. I recall u spoke of a landed property along BT that caught your eye.

Thanks for the condo information! Location is fabulous, but TOP 2026, my girl would have graduated already.

[Parent]

lee_yl\" post_id=\"2068289\" time=\"1653269244\" user_id=\"17023:

https://www.straitstimes.com/business/property/liv-mb-condo-in-mountbatten-sells-over-75-of-units-on-launch-weekend


LIV@MB above 75% sold. The exact figure is 79.19% sold on soft launch day. Which is higher than Piccadilly Grand’s 77%.

Piccadilly Grand was the 1st big project to be launched after the cooling measures and probably the govt was shocked by the overwhelming response and the 35% ABSD (Trust) was introduced within a few days of the launch of Piccadilly Grand.

MOF mentioned that they do not have the exact figures for properties bought under trust. So despite ABSD(Trust), the property market continues to stay red-hot is driven by demand and not due to purchases under trust?

After all, LIV@MB broke Piccadilly Grand’s record by selling 79.19% on soft launch

There is simply a shortage of supply that causes prices to surge.

The govt is to be blamed for this due to the shortage of land supply. That's why developers have bidded aggressively during GLS.

Some even dipped into the enbloc market to replenish their land bank.

Although the govt has recently released more land to stabilised property prices, it's too little too late.

[chenlaoshi]

https://www.zaobao.com.sg/finance/singapore/story20220630-1287963


https://static.zaobao.com/s3fs-public/styles/article_large_full/public/2022-06/p1_table2806_2022v2.jpg?VersionId=UELNEHdY2WhJ84D43YZIxczLAjltfOzg&itok=boEklvoc\">

[starlight1968sg]

Does this mean any ppty near famous pri schools will sure gain ?

[Zeal mummy]

Yes, you can say that. The new policy favours staying <1km from school. Prices will go up, but thankfully if you no longer have a child entering primary school, you are quite safe from having to move closer to school.

[MrsKiasu]

Zeal mummy, we talking abt interest rate few days back…you may want consider the fixed rate package offered by your bank (more seriously…) as looks like one after another increasing the rate. I can only do it next May as I just reprice it haiz…

[MyPillow]

MrsKiasu\" post_id=\"2072809\" time=\"1656682043\" user_id=\"43981:

Zeal mummy, we talking abt interest rate few days back..you may want consider the fixed rate package offered by your bank (more seriously..) as looks like one after another increasing the rate. I can only do it next May as I just reprice it haiz..

What is the fixed rate now?