Is sg property cheap now?

[specuvestor]

Talking Point 2019/2020 - EP4
Thu 2 May 2019 - Is My Flat Worth A Million?
https://video.toggle.sg/en/series/talkin...ep4/793503

A HDB home owner at Tiong Bahru is looking to sell his flat for more than $1 million which is the price some of the nearby flats transacted at. The shocking thing is he bought it at $350k only !!!

No need to read 500 pages a day, sigh(for more than a few minutes) ....

I think the older generation has more such chances(& also for SERS) than the younger ones ?

Do note that the 2nd half of the episode talks about the Open Electricity Market. It may be a worthwhile watch for buddies like me who is unsure whether to switch or which provider to switch to.

I think people generally forget to reference price with time: How long was it and the compounded CAGR return? Secondly generally housing has a positive experience bias due to inflationary environment and people tends to hold very long term rather than trying to be smart

But the L99 issue potentially could disrupt this experience depending on how the govt manages it