Is Now The Right Time To Invest In Property?

[specuvestor]

^^^ reason why I support no-dual-citizenship system in Singapore... they have to be vested here and committed... no sitting on fence. Singapore is too small to have people 脚踏两船

uncle temperament
what do u mean by "Dream on as long as enhancement of your HDB in $$$ is concerned."

i mean if you have follow our Local Politics, you will know the Papys is always so proud to say HDB is an Enhanced Assets for the people.

It may be true in the beginning (1975-2000).
When i bought my 1st 3 rm flat it was only 23-K(i think).
i sold it for 62K only.
i upgrade to HDB Maissionette.
It was only 123-127K.
i paid fully with CPF.
Aka old timers like us called 2 bites of the cheery allowed by Papys.
(This may be the Era of real asset enhancement. Still very affordable for most workers)

After 2 bites of the Cheery, (i decided to take profit) i sold my Maisionette for low 500+K.
i downgraded to the largest resale 4 room i can find built by HDB.
The 4A.
i paid about 289K inclusive of 10K cash value.
This was about 15 years ago.
The current value is about 450-500K.

So do you think my current HDB has increased in value (Asset Enhanced) is true or not?
It's true only if i downgrade to nowhere.
So for HDB as an Enhanced Asset for the people is true only in "Relative Terms".
In Absolute Terms, i don't think so.
And on the condition you sell and buy downgrade.

What about the other way round.
If i still live in my 3 rm flats and sell now at market price of 300K+ and purchase my Current flat 4A @450-500K.
Is this really Asset Enhancement?
What is the future value of my flat?

It's still i have to buy downgrade before i can realise the value in the so call Enhanced asset.
So have my living standard being enhanced by HDB as an asset?
What about yours?
Any other opinion?

u can actually do the IRR calculation based on your experience.

Property always have positive feeedback on people because

1)they hold it long period unlike stocks
2) inflation
3) ROE sounds good due to 4X leverage, not unlike retail foreign exchange trading

Those who use CPF to buy house will realise how much the accumulated interest adds up over time. That is actually the opportunity cost (free calculation service from CPF). Real appreciation of property is actually not that fantastic on a ROA basis, but fair to say risk adjusted return is good.