Your property market opinion... sell or hold?
- Thread starter ryan
- Start date
Laptophouse
Banned.
Re: Your property market opinion... sell or hold?
my own point of view if dont need to off load fast for money than hold on.price will goes up as times fly
my own point of view if dont need to off load fast for money than hold on.price will goes up as times fly
Re: Your property market opinion... sell or hold?
i htink dun buy or sell or hold. burn your house down the best
YouTube - Bloodhound gang - The roof is on fire
i htink dun buy or sell or hold. burn your house down the best
YouTube - Bloodhound gang - The roof is on fire
franklkk
Well-Known Member
Re: Your property market opinion... sell or hold?
Hi, I have a studio unit a D9 and is going to TOP soon. If I sell my unit now and my gain is about 30%. My unit is not affect by any of the recent property measures. I am think of selling it & buy another unit at D9, 10 or 11 for rental. Is this a wise choice?
Hi, I have a studio unit a D9 and is going to TOP soon. If I sell my unit now and my gain is about 30%. My unit is not affect by any of the recent property measures. I am think of selling it & buy another unit at D9, 10 or 11 for rental. Is this a wise choice?
Valor
Well-Known Member
Re: Your property market opinion... sell or hold?
Need some advice too. Got a condo unit in the west TOP in 2013, price went up more than 30%. Have different advices given by friends from;
"selling now getting back the cash + CPF to buy 2 more units for home stay + rental" to "selling same price and buying back same price for a same size unit but pocketing more hard cash" Confused zzzz
Need some advice too. Got a condo unit in the west TOP in 2013, price went up more than 30%. Have different advices given by friends from;
"selling now getting back the cash + CPF to buy 2 more units for home stay + rental" to "selling same price and buying back same price for a same size unit but pocketing more hard cash" Confused zzzz
T6
Well-Known Member
Re: Your property market opinion... sell or hold?
I cannot make sense of 1700psf Sky Habitat 99 lease in Bishan but I can make sense of $1500psf freehold condos in D9/10. So I have committed to latter. There are still decent buys when I started looking a month back. My personal mantra is not to pay more than $1500 psf. At least some possibility of capital gain if it moves up $200-300 psf. If buy $1700-$2000 psf type, very hard to find buyers that will buy at a price that makes your day should you wanna offload later.
tomcat;832390 said:
I cannot make sense of 1700psf Sky Habitat 99 lease in Bishan but I can make sense of $1500psf freehold condos in D9/10. So I have committed to latter. There are still decent buys when I started looking a month back. My personal mantra is not to pay more than $1500 psf. At least some possibility of capital gain if it moves up $200-300 psf. If buy $1700-$2000 psf type, very hard to find buyers that will buy at a price that makes your day should you wanna offload later.
Re: Your property market opinion... sell or hold?
These sorts of questions very hard to answer, all dependent on:
(1) holding horizon - how long are you planning to hold? 1 year or 5 year?
(2) leverage factor
(3) positive carry from rental yield
(4) entry level and buffer
If you are attempting to flip, just flip. If you are on a positive carry basis, you can stretch your timeframe longer. No one could bottom pick, and no one could top-slice. So, set your parameters and stick to your game plan.
Do note that policies play a part too.
These sorts of questions very hard to answer, all dependent on:
(1) holding horizon - how long are you planning to hold? 1 year or 5 year?
(2) leverage factor
(3) positive carry from rental yield
(4) entry level and buffer
If you are attempting to flip, just flip. If you are on a positive carry basis, you can stretch your timeframe longer. No one could bottom pick, and no one could top-slice. So, set your parameters and stick to your game plan.
Do note that policies play a part too.
wobbles
Well-Known Member
Re: Your property market opinion... sell or hold?
And that, is in fact, the ultimate game changer. All other parameters can be safely estimated, planned and executed with meticulous detail but for the prata flipping and policy flopping that the MIW have been inclined to demonstrate on more than one occasion.
I'm not saying the cooling measures are bad - in fact, frankly, I'd much rather cooling measures now rather than blocks and blocks of empty, uncompleted condos ala Ireland and Spain later on. It's just that the MIW have been sending very mixed, confusing signals - on the one hand, they are applying the brakes, on the other hand, they keep harping on about the need for continued intake of foreign trash, I mean trolls, I mean, types (I simply cannot bring myself to type "talent" when that quality isn't always clearly in abundance), which will only exert pressure on the property market...
So, ultimately, what ARE these geniuses in their ivory towers trying to accomplish? Who ARE they really trying to help? And with statistics so easily skewed (when it's convenient for them to lump PRs together as citizens, they will, and when it's no longer convenient, they won't), what can we believe anymore?
kenntona;832590 said:
And that, is in fact, the ultimate game changer. All other parameters can be safely estimated, planned and executed with meticulous detail but for the prata flipping and policy flopping that the MIW have been inclined to demonstrate on more than one occasion.
I'm not saying the cooling measures are bad - in fact, frankly, I'd much rather cooling measures now rather than blocks and blocks of empty, uncompleted condos ala Ireland and Spain later on. It's just that the MIW have been sending very mixed, confusing signals - on the one hand, they are applying the brakes, on the other hand, they keep harping on about the need for continued intake of foreign trash, I mean trolls, I mean, types (I simply cannot bring myself to type "talent" when that quality isn't always clearly in abundance), which will only exert pressure on the property market...
So, ultimately, what ARE these geniuses in their ivory towers trying to accomplish? Who ARE they really trying to help? And with statistics so easily skewed (when it's convenient for them to lump PRs together as citizens, they will, and when it's no longer convenient, they won't), what can we believe anymore?
