Singapore Expats

Singapore Property market will crash?

Discuss about where to live, renting a property, tenancy issues, property trend and property investment in Singapore.
Post Reply
User avatar
abbby
Manager
Manager
Posts: 2252
Joined: Thu, 21 Jul 2005 3:00 am
Answers: 3
Location: Tiny Island

Singapore Property market will crash?

Post by abbby » Sat, 29 Jun 2024 3:27 pm

Been having conversations with some ex colleagues and many were predicting Singapore property market will crash soon.. But by looking at how prices escalated during covid, I doubt so?

What are your views?
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

Search By



the observer
Reporter
Reporter
Posts: 603
Joined: Mon, 20 Jul 2020 11:57 am
Answers: 1

Re: Singapore Property market will crash?

Post by the observer » Sat, 29 Jun 2024 5:21 pm

abbby wrote:
Sat, 29 Jun 2024 3:27 pm
Been having conversations with some ex colleagues and many were predicting Singapore property market will crash soon.. But by looking at how prices escalated during covid, I doubt so?

What are your views?
Segregated market.

Price of properties with high concentration of locals remain well supported.

You surely have been reading about HDBs transacting at higher prices. Terrace houses are selling well too, those in the $3 million region.

Areas shunned by locals are softening. Notably Sentosa.

User avatar
abbby
Manager
Manager
Posts: 2252
Joined: Thu, 21 Jul 2005 3:00 am
Answers: 3
Location: Tiny Island

Re: Singapore Property market will crash?

Post by abbby » Sat, 29 Jun 2024 11:20 pm

Sentosa is definitely an under rated and undervalued place..with its biggest mall just a short drive and business district located so close, I believe it'll start to shine and rise soon cos mainland prices are already quite high.. Even in the suburbs. and the brani sentosa plan, it can only get better.
The secret of life is honesty and fair dealing. If you can fake that, you've got it made. - Groucho Marx (1890-1977)

the observer
Reporter
Reporter
Posts: 603
Joined: Mon, 20 Jul 2020 11:57 am
Answers: 1

Re: Singapore Property market will crash?

Post by the observer » Sat, 29 Jun 2024 11:54 pm

abbby wrote:
Sat, 29 Jun 2024 11:20 pm
Sentosa is definitely an under rated and undervalued place..with its biggest mall just a short drive and business district located so close, I believe it'll start to shine and rise soon cos mainland prices are already quite high.. Even in the suburbs. and the brani sentosa plan, it can only get better.
You forgot that locals don’t pay much absd whilst foreigners have to pay 60pct or so.

So foreigners are out of this market.

Locals care about schools, mrt, market, kopitiam, etc etc

Pal
Site Admin
Site Admin
Posts: 1678
Joined: Wed, 23 Jul 2003 2:44 am
Answers: 2
Location: Singapore
Contact:

Re: Singapore Property market will crash?

Post by Pal » Sun, 30 Jun 2024 9:25 am

With the prices now, the only way is up.
Singapore Expats

Home | Classifieds | Condo | Forum | Property
Image

User avatar
Max Headroom
Reporter
Reporter
Posts: 966
Joined: Wed, 08 May 2013 11:31 am
Answers: 1
Location: Singapore

Re: Singapore Property market will crash?

Post by Max Headroom » Sun, 30 Jun 2024 1:19 pm

Obligatory "snapping up" comment.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Property Talk, Housing & Rental”

Who is online

Users browsing this forum: No registered users and 2 guests