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Hi

Too much analysis leads to paralysis.

Seller will ask for a high price ; buyer will want to buy at low price.

You may text 9620 0827  for a casual chat.

Warmest regards

Gavin Read More

Hi,

1) Not sure where you read the data from, but this is very close to reality.
2) But because the key collection is in a staggered phase, thus not all at one time. We won't know exactly will the mass MOP flats put up in the market in 2022 or 2023.
3) According to data retrieved from data.gov.sg, the number of HDB flats reaching MOP in 2022 should be around 35,210 compared to 26,025 in 2021.
4) Do not forget that it was partly due to many MOP flats coming into the market that had pushed up the price in 2020. Other than the side effect from covid-19.
5) So maybe the resale price in 2022 will push further higher due to the delay of BTO with the huge number of flats reaching MOP.
6) Due to the fact that the market took some time to react to the changes of events, supply, and demands. It is too straightforward to say that the price will fall because of this single event.
7) All sellers expect buyers to bargain thus all the listing prices are inflated. Therefore you have to exercise your due diligence to find out the market rate before putting up an offer.
8) Whether or not there are transacted prices. Most of the sellers just don't care.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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