Massive HDB BTO flats - What Does it Mean for the HDB Resale and Private Condo Market?

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Күн бұрын

Massive HDB BTO flats - What Does it Mean for the HDB Resale and Private Condo Market?
I will be talking about the impact of the massive HDB BTO flats in recent years and what it means for the rest of the market. Especially so if you are holding onto a resale HDB flat or a 99-year leasehold condominium.
In the short term, will the massive HDB BTO flats hurt the market? Will it drive demand away from the resale market or even the new homes segment?
What about in the longer term, when these HDB BTO flats obtain their MOP and can be resold in the resale market? What will these BTO owners be looking at with this newfound wealth?
Alan Wee
CEA Reg No. R024730A
wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
/ @alanweeproperty
FB: AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.
References:
www.hdb.gov.sg
homes.hdb.gov.sg/home/bto/det...
www.straitstimes.com/singapor...
• GE: Singapore's PAP re...
• More housing opportuni...
www.hdb.gov.sg/about-us/news-...
/ mndsingapore
www.edgeprop.sg/property-news...
www.todayonline.com/singapore...
/ mndsingapore
www.straitstimes.com/singapor...

Пікірлер: 29

@liamporter1137 4 ай бұрын

Candid talk. Thanks for sharing.

@alanweeproperty 4 ай бұрын

Thanks for watching!

@tnylau 4 ай бұрын

👏👏Well said, all Singaporeans must rally strongly to make Government change policies like what happened in SimplyGo saga.

@alanweeproperty 4 ай бұрын

i was thinking on the simplygo issues. u know how LTA should just solve this issues. next time announced the first 100k people that download the app n change over with have $10 credit inside link to Singapore Pools betting app. can instantly buy 4D and TOTO straightaway. Yet teach ppl how to use them. cfm chop. no complain. only complain why only 100k people.....lol

@killwe100 4 ай бұрын

Do you think HDB is ever going to claw back the the land cost they subsidize from the profit of the sale? Is this an effective cooling measure?

@alanweeproperty 4 ай бұрын

claw back? For new PLH flats there is a subsidy recovery like 7%, etc for them. for existing flats. no claw back as of now. cannot implement lah. GE coming. later lose another GRC how?

@chinchowpowpook 4 ай бұрын

If afraid of future claw back claw front claw backside then stay clear Hdb..period

@killwe100 4 ай бұрын

@@alanweeproperty That would serve as a deterrent for anybody who wants to play jackpot with hdb. hahah and truly serve the people who needed the house.

@1965Singaporean 4 ай бұрын

Last Sunday i go cycling in punggol, i am very impressed. No wonder seng kang resident jealous so vote WP😂😂😂

@chinchowpowpook 4 ай бұрын

One is port coastal feel..the other is long Kang feel..which is which..u should know

@alanweeproperty 4 ай бұрын

u havent go to punggol side near punggol marina. the flats there that face pasir gudang will blow u away....

@alanweeproperty 4 ай бұрын

lol....

@davidlee3806 4 ай бұрын

Resale buyers have already earned their first few pots of gold. PAP always helps the poor to preserve their retirement assets. It's unlikely for PAP to rob the poor to make the rich richer.

@alanweeproperty 4 ай бұрын

the riches pay more tax from income tax to ABSD to Property tax..

@lordbluefire6335 4 ай бұрын

why isnt more ppl going into commercial/industrial property

@alanweeproperty 4 ай бұрын

What do u mean by more? There are always ppl buying them.

@SWTAN-JEFFREY 4 ай бұрын

u have totally missed out the HDB new Prime plus 10 yrs MOP rule kicks in 2nd half this year. your summary are incomplete at all. This feb bto is the last round of old rule. the OCT 2024 bto would fall under the new 10 years MOP if using bedok as an example coz the areas near mrt and matured market estate and fall under 10 years mop . So OCT bto for new applicants would have to wait for the 4.5 waiting period + 10 years mop rules , the supply would be shortage after the 2nd year of 2024 , for at least 15 years for prime and plus areas .That would induce the resales price of HDB for the said area to surge for sure.

@alanweeproperty 4 ай бұрын

i only use the feb 2024 BTO just for illustration. there are many other BTO flats that are before this PLH ruliing. i cannot cover all ground in all my video. hope u understand.

@davidlee3806 4 ай бұрын

If HDB price crash, PAP will suffer landslide defeat.

@alanweeproperty 4 ай бұрын

It wouldn't crash...slow decline is still acceptable. Likewise, spike is also not acceptable from govt context.

@gparamaeswary7276 4 ай бұрын

Singles dont make benefit much.

@1965Singaporean 4 ай бұрын

Single benefits so much for what? Just spend lah no one to left money to.

@chinchowpowpook 4 ай бұрын

Single well ..even a tent in Ubin is fine for u all,,dont Waste concrete to build for single only..

@alanweeproperty 4 ай бұрын

yes...i feel for singles. but still making small steps compare to a decade ago.....

@1965Singaporean 4 ай бұрын

Hope all Singaporean can vote PAP, WP are just waste of resources. WP dare not even want to be in power how to help Singaporean? WP cannot even united all opposition to form opposition alliance, how to united all Singaporean? Vote PAP or other opposition is the best. WP are just pretender 😂😂😂

@alanweeproperty 4 ай бұрын

Last GE SG already said. we still need a opposite voice yet we dont want to rock the boat. in case main driver fall asleep...

@chinchowpowpook 4 ай бұрын

WP or opp is need for entertainment value in TikTok KZfaq mothership..that’s all, period

@1965Singaporean 4 ай бұрын

@@chinchowpowpook last time Mr. LTK talked about 衣食住行。now WP mostly about gender fluid or gender equality or the reserve. Our birth rate already so low still want to promote LGBTQIA Ato Z . 😂 Vote other opposition better. WP to ego now and refused to have opposition alliance is a show of arrogant. Like that vote PAP elites better.