Well, not just any landed property. Buyers looking for landed property need the foresight to look for houses that have better appreciation.
Landed properties are generally lower risk of loss, and gain is slower. Condo units are generally higher risk of loss, and gain can be sudden, and high. To get a good landed property with low risk of loss, and yet good gain, that will take a lot of foresight.
If you are the same Albert Lim as the asker some of the other popular questions in this forum, then i'm sure you will know how to spot a good property.
On a separate note, 53000 condos and 25000 BTO may sound a lot. But if you consider that BTOs are bought by couples, that is only 50,000 people get their flat.
At the rate condo sizes are going 53,000 condos cater to about 100,000 people. Adding up, only 150,000 people can get flats and units in 2013. Is this amount really enough? At the rate FTs are coming in, I seriously think HDB and the Government need to reconsider the housing policies, and the immigration policies.
As buyers, sellers, and agents, we can only hope that the Government balances it out carefully, and quickly. We want people to own their own homes, but we do not want them to pay exorbitant prices.
Thanks!
Regards,
Richard Wan
Black Diamond Real Estate Group
richardwan@live.com
94363793
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