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6.9m and the recent ura plan is it time to invest in property?

(02-12-2013, 08:33 PM)countonme Wrote: [ -> ]The first thing when gov remove the curbs, people will cheong in again. Many have already wise up, the 6.9m people will make many people huat!

which curbs? TDSR is here to stay.

Unless we go to 8 million, I dont see how prices are justified now...

(02-12-2013, 10:20 PM)propertyinvestor Wrote: [ -> ]Unless we go to 8 million, I dont see how prices are justified now...

Bull-eye...
The most obvious answer is usually the right answer.

By that time our population will swell to fill the void.



A Life not Reflected is a Life not Worth Living.

anyone can shed light on what will happen to those very old hdb flats but in superb location, against recent ramped up of tonnes of new flats.

will our cheng hu give free lease top-up?

(03-12-2013, 11:56 PM)pianist Wrote: [ -> ]anyone can shed light on what will happen to those very old hdb flats but in superb location, against recent ramped up of tonnes of new flats.

will our cheng hu give free lease top-up?

I think never will happen. Why? Cheng Hu just en bloc before lease ever reach 50 or 60 years. Then rebuilt into something and sell it at a much, much higher price (aka current market price = $$).
You will given a special treatment for applying a new flat at a compensated price. For most people it seems a win-win transaction. In fact at least one relative purposely bought into these type of flats and got en bloc.

(04-12-2013, 07:53 AM)Temperament Wrote: [ -> ]

(03-12-2013, 11:56 PM)pianist Wrote: [ -> ]anyone can shed light on what will happen to those very old hdb flats but in superb location, against recent ramped up of tonnes of new flats.

will our cheng hu give free lease top-up?

I think never will happen. Why? Cheng Hu just en bloc before lease ever reach 50 or 60 years. Then rebuilt into something and sell it at a much, much higher price (aka current market price = $$).
You will given a special treatment for applying a new flat at a compensated price. For most people it seems a win-win transaction. In fact at least one relative purposely bought into these type of flats and got en bloc.

I called it the "Aladdin effect new for old"....hahah...

For HDB, it is a cost and benefit analysis. Need to cover the SERS costs by selling the flats to new non-SERS buyers. so need to build more densely. Higher GPR needed.

Usually, it is near MRT stations and 1-3 rm flats built in 70s. With open space car parks. Preferably no recent lift upgrading (HDB cannot justify building and tearing down within 5 years, I guess).

So far, 1 big area with NO SERS is Marine Parade. Too ex and no place to built replacement flats nearby.

That's why HDB is almost "freehold". And everyone should keep one hdb, if possible for rental income.

(04-12-2013, 10:08 AM)countonme Wrote: [ -> ]That's why HDB is almost "freehold". And everyone should keep one hdb, if possible for rental income.

yes. Every SG CITIZEN should own 1 HDB flat for staying or renting.

Whereas they should restrict PR ownership of HDB flats to 10 years. After that, convert to citizen or sell resale. HDB flats should be for SG CITIZENS only.

I have a hunch that the few blocks of old hdb flats along Macpherson Lane may be selected for SERS as it is near Tai Seng MRT station.
The owners may be given a chance to choose new flats at Bidadari which was once the largest grave site in Singapore - the 18ha Bidadari Cemetery is making way for a new Housing Board town and private estates.