From 1-10 how likely is the govt to impose cooling measures soon.
Property prices everywhere have been shooting up since the past year, not only in District 15.
If you're looking to purchase for investment purpose, I would suggest you purchase the property BEFORE any cooling measures kick in.
This is because, for Government to impose cooling measures, they must have deemed market to be over-heated, which they mentioned that we are currently not at. Moreover, with the implementation of cooling measures, it may become harder for Buyers to purchase properties if changes were made to TDSR and LTV ratios. Just imagine TDSR to be reduced to 50%, and LTV to reduced to 60%. This means that it will be harder to secure a higher loan, and you will need more funds for downpayment.
And importantly, there is no guarantee that prices will fall because of these measures, as Owners can still afford to hold onto their properties and not be forced to sell low.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
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If you are referring to landed homes in D15, I will second to that observation. If you are looking at strata apartments, I have to say that there is still quite a number of potential star buys, even within the new launch market.
I am closely monitoring the District 15 prices especially in the landed segment where I have spent the last 12 years focusing in landed homes within this district. I must say that despite the growth over the recent close to 4 quarters, my gut feel is that there will be more growth especially in the landed home segment as I still find it relatively undervalue when compared to the recent new launches as well as the bullish bids put in by the developers over the recent land sale.
In terms of which district you should consider on an alternative option, let's discuss more on your preferences, since we are also unsure of why have you shortlisted D15 in the first place.
I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.
I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.
Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.
With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.
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