Cooling of en bloc market expected in 2023

Рет қаралды 33,885

Жыл бұрын

The collective sales and en bloc market is expected to cool down this year, with the introduction of new control measures, along with economic uncertainty and geopolitical tensions. Various cooling measures, such as additional buyer's stamp duty and a new rule on calculating a property’s gross floor area that reduces the space developers can sell, will impact the market. CNA's Rebecca Metteo reports.
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Пікірлер: 31

@HawkishMerlion1965 Жыл бұрын

Price will never drop because this is PAP Singapore. Just buy la as long as you have holding power. In the long run will be higher. I live in SG long enough to know that what ever cooling measure is to win vote not to bring price down. Buy for your grand kids.

@vincecarlo Жыл бұрын

Who Is BIGGEST Land Lord in SG ? Once U Know that, then U know Who Micro Manages the Price. 61% Never Learn

@HawkishMerlion1965 Жыл бұрын

@@vincecarlo most Singaporean stay in HDB, pap is using hdb to suck dry CPF money, so HDB new flat price will go even higher. Control GLS will force more to buy HDB as pte getting more ex. So get your pte property fast.

@astutity5137 Жыл бұрын

Cooling measures wouldn't solve the root of the problem

@ttkoh123 Жыл бұрын

Trying to claim credit or what? I think is more of the market situation than not. Developers on the ground reaction can be very reflective of the up and coming situation. Example as reported, STB receives no proposals for Jurong Lake District integrated tourism development as reported by ST. Do you think the HDB, largely singular source of supply and sky high prices are controlled by MIW factors or the Market Situation? I want to laugh. These days, Trust cannot be Simply Granted.

@jessicaregina1956 Жыл бұрын

Thats a very capable and responsible KOREAN GOVT.

@ivychua4091 Жыл бұрын

GREED ☠☠GREED☠☠ GREED ☠☠

@amychoi4463 Жыл бұрын

Why do developers block free hold development but sell new residential units for only 99yrs or 103yrs? Developers still own the land in future

@lemonrand1 Жыл бұрын

When bubble burst?

@jessicaregina1956 Жыл бұрын

When you are not looking.

@kengleetan63 Жыл бұрын

Buying and selling can have adverse effects on properties ,if not controlled rather than the rental market becos sale of properties affect both ownership and prices tremendously. Developers do not care, they are purely profit driven. Rather than rental market which benefit locals more than foreigners, sale transaction can quickly form property bubble. Gov need to monitor closely sale transactions and how prices move, the numbers of properties available and the need to ensure both pte and public properties are in control.

@StephenChongProperty Жыл бұрын

I hope will have more government land sales in OCR ☺️

@lamjianyuan Жыл бұрын

what did the pap done for singaporeans for the past 10 or 11 years? I hope the pap loses more seats in the next GE, especially for the west side and east side of Singapore. ng ling ling and darryl david wilson are bad mps.