Savills' Cheong on Singapore Property Market
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- เผยแพร่เมื่อ 3 มิ.ย. 2024
- Savills Research & Consultancy Executive Director Alan Cheong discusses the impact of high property price in Singapore. He speaks with Avril Hong on "Bloomberg: the China Show".
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I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?
"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
if no $, than simply stick to BTO application. Noises come from people who want to pay peanuts but want to get macadamia nuts.
He's saying as long as you keep sacrificing on amenities and distance to office and other features etc, and just look at BTO absolute prices alone, it is affordable.
Great analysis
Singapore property market is vastly overpriced right now, and “property agents” are one of the key reasons of pushing this to unsustainable prices.
I strongly agree. The irresponsible and greedy property agents are pushing the resale hdb prices beyond ordinary people to own a resale flat and to start a family.
The government should go after the property agents pushing the resale hdb market beyond the reach of ordinary citizens. Many well-educated property agents gave up their good jobs and jumped into the lucrative property sector to be real estate agents.
@@choonhockong8215 in real estate,it’s supply n demand n location,location, can’t blame agents in getting top dollars for their sellers. If buyers wanted that property n willing to buy after negotiation ,it’s on the buyers. I bet u want top dollars for your house too. Government can’ do so much,like ABSD n higher duty for foreign buyers, further restrictions will crash the property market which is no good too. I did suggest that Sg gov should remove ABSD N foreign duty n put in capital gains with the primary home exempted n Alan Wee from Alanwee TH-cam replied that, tryst will surely crash the market. I agree that Sg real estate is very expensive.
Parents should give out their inheritance now so their children can buy now else it will b much more expensive.
Prices are mainly the result of supply and demand
@@choonhockong8215 They are well educated thats why they know where to jump into, into property market, into insurance, into banks etc. Like flies attracted to garbage bins.
Honestly, if policy makers really want public housing to be affordable and stop pegging the private market, just stop building HDB in prime locations. Leave good locations lands to the private so that private will soar while many will not be able to upgrade to private upon MOP as margins are too low to leap over.
Hdb resale flats are not affordable now. The authorities should look into the root cause of the issues like property agents' creative marketing tactics of instilling the fear of missing the "goodbuy." etc.
BTO are just subsidized housing. New flats that certain criteria you get to buy at a cheaper price just got classified a different category called resale after you lived in for the minimum occupancy period. If you can believe that. I got a bridge to sell u in Brooklyn.
Time to introduce Mortgage Servicing Ratio to private properties in Singapore.
From 2016-19, Singaporeans were criticizing the Singapore government, especially Lawrence Wong for causing HDB prices to FALL due to the lease decay issues. Opposition parties like SDP and WP came out with their white papers and proposals to make sure HDB prices will keep on rising.
Man, Singaporeans .... kumgong
Rental yield is way lower than risk-free yields. Why would anyone buy real estate instead of just keeping the money in the money market?
This guy is definitely smoking something.
Saying so many things without actually saying anything.
Everything he said is so obvious. Over and over.
Singapore is getting too expensive for a place that's just parking $$, not really creating $$... It ain't no SF.
avril is much better doing interviews than being a talking head
BTO is affordable - closed my window.
All hypocrisy here..if your son bought a house ,after 10 years he say he selling away at same price, would u all tell him stupid?
Word salad blah blah Artificial Intelligencd blah blah