Another Cooling Measures Incoming? What It Means for You!

[@gztan7788]

This analysis is really good. Keep on posting such analysis

[@marcusluahsg]

Thanks for the encouragement

[@JordOnTheRocks]

Thanks for sharing your analysis and thought process. Especially appreciate that you share some data ahead of URA monthly release. That said, I wonder whether it is a normal expectation for property prices to go up, because 1) Q3 seemed to be relatively slow time period for the property market 2) GFA Harmonization may have played a part in 'artificially' pushing up PSF. Keen to hear your thoughts about the effect of GFA Harmonization on the property price index. Thanks, and hope your throat recover soon!

[@joannetan713]

Great point brought up on the GFA harmonization

[@marcusluahsg]

Thanks so much for the concern throat ain’t recovering as fast as I hope but is getting well. Noted on the request and thankful for the positive comments I will reply you your questions via video soon

[@limwsv]

A clear evidence of using statistics to lie. Why not put out a chart that shows the housing price index versus median income instead of using GDP? We all know that the past few years increase in GDP is driven by external inputs rather than internal growth. The share of GDP per person by Singaporeans has shrunk versus the overall GDP per person as more and more HNWI comes to Singapore.

[@woshilinlaobei]

Statistics from agents are always funny... they make something out of nothing and people still pay them 1% commission 😅😅😅🤣🤣

[@FamilymanSGP]

Possible cooling measures as follow: 1) SSD ( Seller Stamp Duty) to start from TOP/CSC instead of Signing date on S&P. 2) On loan, full monthly instalment to start 1-3 months upon signing of S&P. After all, these borrowers have passed TDSR, no reason to have financial difficulties in servicing their loan right away. Separately, bank as a custodian to implement new mechanism to progressively release fund to developer.

[@garlicbread68]

Like that don’t need to buy new launch already la

[@lesterlim7693]

Not sure how 1) is going to be implemented. Will make more sense to reset SSD to 4 years rather than 3 years

[@FamilymanSGP]

@@garlicbread68 IMO, new launch is still applicable to buyers seeking for own stay where they have the time luxury to wait and move in like how BTO work. Just look at TOP project, what is the percentage of units available as sub sale? These are usually so called “investors” or agent themselves offloading it to the secondary buyers. Haiz.

[@FamilymanSGP]

@@lesterlim7693 yeah, more straightforward will be adjustments of tenor for SSD. Trust that we have scholars with these in place for activation in near future. After all, a home is not for speculation or flip in our land scarce lovely Singapore. Go and flip at the equities market.

[@garlicbread68]

@@FamilymanSGP i dont agree with your second point. As a buyer, why would I want to pay the full installment 1-3 months after signing of S&P? I don't get to enjoy the benefits of staying in the house. It doesnt make sense to me.

[@wwc7134]

One qtr of increase psf doesnt mean govt will cool. They are not short sighted

[@marcusluahsg]

That’s true also

[@marcusluahsg]

Usually they’ll wanna keep a single digit growth

[@royboon2128]

chuan park 1.8 mil 2 bed.. how ?

[@marcusluahsg]

Depends on unit type facing and floor level, you’re talking about the balance units right? Can dm me to discuss more

[@wwc7134]

No logic. Govt shld be looking at resale psf. Not new launches.

[@marcusluahsg]

Thank you for your comment ::)

[@AshleySpace1111]

Thanks for sharing

[@marcusluahsg]

Thanks you for the support 🤗

[@AshleySpace1111]

@ what kind of cooling measures you think maybe roll out?

[@marcusluahsg]

@@AshleySpace1111I am not sure but keeping affordability in check is always priority, maybe Tdsr?

[@wonderbuffon]

You think I thought who confirm?

[@marcusluahsg]

Time will confirm :)

[@hummit]

Speculative talk. Meaningless.

[@marcusluahsg]

Thank you for your comment 😉

[@MrBluehorizonsugar]

What happens to your throat? Take care

[@marcusluahsg]

Tonsillitis not yet recovered, ENT specialist say I talk too much 😢