SMS' wife isn't PR he may have got full subsidy ... for the 'life' upgradetherat wrote:SMS, did you check how much you need to pay for the life upgrading?
I bought a resale 4rm HDB from a couple who both are PR.
They want to sell due to the cost of lift upgrading as government will not subside the cost for PR.
They have built thousands of new flats .... Who is gonna fill them?Wd40 wrote:The HDB rental statistics for Q1 is out:
http://www.hdb.gov.sg/fi10/fi10323p.nsf ... #_Section1
Its quite surprising, almost all towns the average is 2000 for a 2 bedroom HDB. Even Marine Parade is 2.1k and Bishan is 2k! AMK, Tampines and Jurong also is 2k.
Most of the new builds are 3 bedroom.Barnsley wrote:They have built thousands of new flats .... Who is gonna fill them?Wd40 wrote:The HDB rental statistics for Q1 is out:
http://www.hdb.gov.sg/fi10/fi10323p.nsf ... #_Section1
Its quite surprising, almost all towns the average is 2000 for a 2 bedroom HDB. Even Marine Parade is 2.1k and Bishan is 2k! AMK, Tampines and Jurong also is 2k.
Its going to take a while to fill them all up thus getting someone into your flat is gonna take some doing as there is a lot of competition
I like your enthusiasm, but it is sort of like saying, I am happy my Lamborghini was discounted by 5 dollars, while everybody is pretty aware this bloody thing is overpriced by 50% or more.Wd40 wrote:Got a call from my landlady this morning asking if I wanted to renew my rental agreement for 1 more year, the lease ending is still 3.5 months away. She also offered to reduce my rent to $1.8K a month from $1.9K a month which I am paying currently. Mine is a 2 bedroom HDB is Tampines. Basically she said, she knows the market is down and wants me to pay market rates. I also successfully negotiated with her to allow me to break my lease after 6 months, in case my daughter doesnt get a primary school next year nearby. Such a nice landlady.
I have been staying in the same house since 3 years now and the rental has gone from $2100 ->$2050 ->$1900->$1800. Good time to stay in Singapore, if you have a job that is
Think about it this way, the trend before 2013 was that every year prices used to increase by $100-$200. In 2013 peak rents were $2300, now they are $1800 for the same house. If gahmen had kept letting people in, rents would have kept chugging up. Its all demand and supply. Just the trend change in the last 3-4 years means rents are now 30% lower than what they *could* have been.x9200 wrote:I like your enthusiasm, but it is sort of like saying, I am happy my Lamborghini was discounted by 5 dollars, while everybody is pretty aware this bloody thing is overpriced by 50% or more.Wd40 wrote:Got a call from my landlady this morning asking if I wanted to renew my rental agreement for 1 more year, the lease ending is still 3.5 months away. She also offered to reduce my rent to $1.8K a month from $1.9K a month which I am paying currently. Mine is a 2 bedroom HDB is Tampines. Basically she said, she knows the market is down and wants me to pay market rates. I also successfully negotiated with her to allow me to break my lease after 6 months, in case my daughter doesnt get a primary school next year nearby. Such a nice landlady.
I have been staying in the same house since 3 years now and the rental has gone from $2100 ->$2050 ->$1900->$1800. Good time to stay in Singapore, if you have a job that is
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