Asked by w***@gmail.com
Will resale prices keep increasing? And by how much by end of year?
76 views
4 Answers
Hi,
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, are you planning to sell your HDB flat or to purchase one ?
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, are you planning to sell your HDB flat or to purchase one ?
Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More
Hi,
I would be glad to assist to you.
Feel free to contact me @ 97100155 .
Hope to hear from you soon.
Pei @ERA Read More
I would be glad to assist to you.
Feel free to contact me @ 97100155 .
Hope to hear from you soon.
Pei @ERA Read More
Hi,
Based on the latest statistics and projection, Prices is expected to continue to rise for the second half of this year. The rate of rise is expected to be less than last year though.
May I know what's your plans going forward?
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.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Based on the latest statistics and projection, Prices is expected to continue to rise for the second half of this year. The rate of rise is expected to be less than last year though.
May I know what's your plans going forward?
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.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Hi,
1) Since you didn't mention whether you are referring to the resale of HDB flat or private residential property. I shall briefly explain both.
2) HDB flat:
(a) According to the past 10 yrs of a constant number of BTO built, an average of ~17k~18k BTO were built in the past 10 yrs.
(b) It was an average of 7k~8k BTO built each yr average before the 22k+ BTO was announced in 2012.
(c) The increase in price happened in the 2nd half of 2020 which was driven by this 22k+ BTO flood into the market.
(d) The constant demand for flats was further increased due to the delay in the supply of BTO which divert some of the BTO buyers to switch their choice from BTO to resale.
(e) The cooling measure implemented in Nov 2021 will bring some of the buyers from offering high buying prices to a more prudent manner but will not cause the flat price to drop.
3) Resale private:
(a) The GLS (Government Land Supply) did not increase in 2020, 2021, and 2022 so far, fearing the market might drop due to over-supply.
(b) The cautious attitude ensures the new launches are able to be absorbed by the market.
(c) But it causes some buyers to switch over to the resale when the price is moving too fast for their income to catch.
(d) The cooling measure implemented in Nov 2021, will halt or divert the foreign investor, and homebuyers to turn to the resale market instead of paying too high in stamp duty.
(e) Those who prefer or are not eligible for public housing will still look into resale since they don't have to wait for another 4~5yrs to build.
(f) The current demand in the market for the home buyer will continue to keep the price increase but not overwhelming due to the high stamp duty imposed.
Overall, the price increment will not be as strong as last year, but a 4~5% increment is not an over-estimated range.
Hope the above answer 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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1) Since you didn't mention whether you are referring to the resale of HDB flat or private residential property. I shall briefly explain both.
2) HDB flat:
(a) According to the past 10 yrs of a constant number of BTO built, an average of ~17k~18k BTO were built in the past 10 yrs.
(b) It was an average of 7k~8k BTO built each yr average before the 22k+ BTO was announced in 2012.
(c) The increase in price happened in the 2nd half of 2020 which was driven by this 22k+ BTO flood into the market.
(d) The constant demand for flats was further increased due to the delay in the supply of BTO which divert some of the BTO buyers to switch their choice from BTO to resale.
(e) The cooling measure implemented in Nov 2021 will bring some of the buyers from offering high buying prices to a more prudent manner but will not cause the flat price to drop.
3) Resale private:
(a) The GLS (Government Land Supply) did not increase in 2020, 2021, and 2022 so far, fearing the market might drop due to over-supply.
(b) The cautious attitude ensures the new launches are able to be absorbed by the market.
(c) But it causes some buyers to switch over to the resale when the price is moving too fast for their income to catch.
(d) The cooling measure implemented in Nov 2021, will halt or divert the foreign investor, and homebuyers to turn to the resale market instead of paying too high in stamp duty.
(e) Those who prefer or are not eligible for public housing will still look into resale since they don't have to wait for another 4~5yrs to build.
(f) The current demand in the market for the home buyer will continue to keep the price increase but not overwhelming due to the high stamp duty imposed.
Overall, the price increment will not be as strong as last year, but a 4~5% increment is not an over-estimated range.
Hope the above answer 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
Note:
Any response to our answer does not reach us until we scroll through each and every query posted daily.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
1