What’s behind the rise of million-dollar discontinued HDB properties?

In recent months, the public housing market has seen a surge in million-dollar homes. But surprisingly, discontinued HDB properties such as terrace houses, executive maisonettes and DBSS flats are also joining the bandwagon despite their decaying leases.
Why do they still appeal to homebuyers? Are they truly worth the hefty price tags?
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Пікірлер: 46

  • @CameronFussner
    @CameronFussner4 күн бұрын

    The fact that there is already an excessive amount of demand awaiting its absorption, despite how everyone is frightened and calling the crash, is another reason why it is less likely to occur that way. 2008 saw no one, at least not the broad public, making this forecast, as I'll explain below. The ownership rate was noted to have peaked in 2004 in the other comment. Having previously peaked in the second quarter of 2020, we are currently at the median level. Between 2008 and 2012, it dropped by 3%, and by the second quarter of 2020, it had dropped from 68 to 65.

  • @leojack9090

    @leojack9090

    4 күн бұрын

    Investing in both real estate and stocks can be prudent choices, particularly when backed by a robust trading strategy that can navigate you through prosperous periods.

  • @hasede-lg9hj

    @hasede-lg9hj

    4 күн бұрын

    You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

  • @LucasBenjamin-hv7sk

    @LucasBenjamin-hv7sk

    4 күн бұрын

    @@hasede-lg9hj Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

  • @LucasBenjamin-hv7sk

    @LucasBenjamin-hv7sk

    4 күн бұрын

    Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

  • @hasede-lg9hj

    @hasede-lg9hj

    4 күн бұрын

    There are many financial coaches who excel in their profession, but for the time being, I employ Annette Marie Holt because I adore her methods. You can make research and find out more.

  • @SivalinPuthery
    @SivalinPuthery19 күн бұрын

    Funny, around a decade ago, Singaporeans were complaining about falling hdb prices

  • @junjun906

    @junjun906

    19 күн бұрын

    you see singaporeans always complain. price rise complain. price drop complain. price rise too slow complain. price rise too fast complain. price stagnate also complain. really complain king and queens

  • @focus168168

    @focus168168

    19 күн бұрын

    @@junjun906 Why you talk about yourself like that? :)

  • @junjun906

    @junjun906

    19 күн бұрын

    @@focus168168😂 hahaha but is true mah. We complain abt everything. Haha

  • @LonganLee

    @LonganLee

    16 күн бұрын

    Endless landslide victories👀

  • @DynamicLearning4u

    @DynamicLearning4u

    16 күн бұрын

    @@junjun906different group of people complaining 😂 not the same ones….😂

  • @kailerk5
    @kailerk514 күн бұрын

    Tengah HDB design is worst than 1970 HDB. Beams and column everywhere so visible. Garden vale especially

  • @dexterchewy

    @dexterchewy

    7 күн бұрын

    Apparently designed by a certain reputable local firm haha

  • @sm_2817
    @sm_281714 күн бұрын

    Not a government mouthpiece, says someone from BT

  • @rayne5368
    @rayne536813 күн бұрын

    Looks like musical chair to me. Everyone wants to get on the musical chair but does not want to be the last to sit on it.

  • @LonganLee
    @LonganLee16 күн бұрын

    One thing for sure, it has absolutely nothing to do with policies. 👀

  • @tkyap2524
    @tkyap252415 күн бұрын

    People with the means will pay for what they like no matter what. Lucky you, if your HDB is desired by one of these spenders.

  • @steventay5834
    @steventay583416 күн бұрын

    Property prices have increased partly due to disruption caused by COVID-19. Going forward, I am not sure if this is sustainable.

  • @Eonclaire
    @Eonclaire7 күн бұрын

    artificial scarcity , and speculation for enbloc

  • @miklee4834
    @miklee483415 күн бұрын

    It's good to have money. Lots of it. No joke.

  • @beedeebee179
    @beedeebee1796 күн бұрын

    Cease enbloc, SRS, let decaying lease goes straight to zero value, I'm sure people will evaluate the price of a HDB again.

  • @prime8krish
    @prime8krish4 минут бұрын

    people are either too rich or stupid. to pay 1.5 M for 30 year remaining units

  • @skullandbones1832
    @skullandbones183217 күн бұрын

    💚

  • @oldlee2706
    @oldlee270614 күн бұрын

    60% foreigners

  • @darrenkwok84
    @darrenkwok8415 күн бұрын

    So morale of the story is that it will be a 1 million expense?

  • @leethaiann3362
    @leethaiann336219 күн бұрын

    HDB never sell any flats ! they only lease out flats $$$$$$$$

  • @benchan1981

    @benchan1981

    16 күн бұрын

    its not lease if u own the economic benefits of the property. you can choose to sell or rent out the property. moreover, what do you expect? what is there to complain about? it is not as if HDB was a freehold property and then changed to 99 years after that. Do you see ppl complain about buying a 99yr lease hold condo? You buy with ur eye open and you sign up for the deal.

  • @lendleasereit6797

    @lendleasereit6797

    15 күн бұрын

    My wife and I compared what you said against renting. I can tell you renting is WAYYYY more expensive. So stop complaining and be thankful

  • @SGMaleKaren-si3gw
    @SGMaleKaren-si3gw4 сағат бұрын

    The journalist on camera needs to learn how to speak naturally and enunciate clearly. Really hard not to get distracted by the multiple attempts at a cringey fake half-American accent and lapses into the flaccidness in the tone and enunciation of syllables. E.g. just say "dollars"like Singaporeans say it, not "da-llers". The Malay-accented voice narrating in the background is a positive example to learn from.

  • @Xisiqomelir
    @Xisiqomelir15 күн бұрын

    You really ought to be able to pronounce "these" if you're going to host a news show.

  • @hiimajerk

    @hiimajerk

    14 күн бұрын

    Nth wrong from their pronunciation 🤷‍♂️

  • @ABC-ed8cg

    @ABC-ed8cg

    13 күн бұрын

    I don’t see it as a jarring mistake. And I’m an English teacher. The reporter has weaker enunciation but is still bearable to listen to. My grievance is more on Ry-Anne Lim (the journalist being interviewed). She sounds pitchy and grating. My ears really couldn’t take it.

  • @SGMaleKaren-si3gw

    @SGMaleKaren-si3gw

    4 сағат бұрын

    ​@@ABC-ed8cg and a poor fake half-American accent. Yikes.

  • @ABC-ed8cg
    @ABC-ed8cg13 күн бұрын

    How do you tell the houses at 1:10 apart from landed houses? Is it just based on the prominent block number? Ry-Anne Lim (the journalist) being interviewed sounds very pitchy. Such grating and piercing voices can lead to listener fatigue. I couldn’t continue listening to her halfway. I can’t stand listening to such voices for seconds, let alone hours. She should learn to speak at a lower register.

  • @edwardlumsianming3430
    @edwardlumsianming34303 сағат бұрын

    The issue is that it is an OPEN MARKET SYSTEM THAT SAYS PEOPLE CAN SELL MILLION of DOLLAR WHY I CANNOT. So this million keep popping up. In the end it will be an EXPECTATIONS OF HOMEOWNERS AND WITH GREED IN MIND IT WILL BE A BIG NATIONAL PROBLEM. It is humans that made this and will pay heavily for it's consequences for younger generations😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢😢