HOW DID SINGAPORE PROPERTY PRICE EXPLODE TO THE SKY? What will happen in 2023?

[@liamporter1137]

Thanks for sharing the truths👏👍. Informative.

[@Ken-fx6vl]

HDB must go down. Actually the buyer of hdb from private property are most likely landed dwellers.

[@dancingnachos3634]

Superb video

[@clownphua]

Aaron, thank u so much for your realistic pov. You are by far the only agent/property insider that has addressed this head on. While most others are just out there continuing to sell the growth story.

[@AaronLin88588488]

Welcome

[@chilly2171]

I think when people see advertisements, they definitely will advertise it high, because they don't want the deal to close low.

[@icannWong]

WELL SAID

[@gparamaeswary7276]

Thank you for your video. Hope prices of HDB will come down Like your breakdown of the scenario in the property market. Public housing needs to be affordable.

[@AaronLin88588488]

Those that watch till the end will receive the "Turning Point" information. Please watch till the end to understand how prices will start to drop.

[@level1selamat155]

If expensive, don't buy or you are giving the market false demand instead of actual market demand

[@axlcrush]

Most sensible reason for the gravity defying reason for SG property price rise. 2 thumbs up Aaron.

[@AaronLin88588488]

Tyvm

[@henry4872]

If the new buyers dont buy, then how the current property owners make more money. No choice, this is a viscious cycle.

[@choonbingpng8768]

Well said

[@tinyblackmage]

About time the prices come down. It was rising unsustainably for the past 2 years, it’s good that the Govt changed the HDB Loan amount restriction

[@kevinlim7974]

insightful video. Thanks for sharing!

[@christinaaugustine27]

Very good video 👍

[@AaronLin88588488]

Thank you

[@kelvynchin1968]

IN a market bull run, it's always the same. the 3 bedder run up, then people realise it's way too ex (affordability issue), then the smaller units like 2 bed will run. Meaning to say, the smaller unit (2 bedder) transactions will come in a spurt, after the 3 bedders become "unaffordable". After that, all transactions will dry up for a while (market consolidation).... Interesting point you noted, which not many property "expert" mention the psf of 3 bed vs 2 bed during the past year. Indeed, last year and early this year, the 3 bed psf is even higher than the 2 bed psf, which should generally not be the case. I think those who saw this phenomenon will "know how to bet", so to speak. cheers!

[@AaronLin88588488]

That's because ppl don't have enough money for their 2nd property before absd. And also this ppl that bought this studio and 1 bedder didn't make much also. I dare to say many lose money too. Its not about what you can afford when it come to investment. It's what that earn money

[@AaronLin88588488]

@@JRambonian can decouple ma

[@yipkf18]

I remembered I watch 1 of the Aaron u tube video. His last advise to us to go for 2 bedder... even he, himself bought a 2 bedder for his 2nd property. Now I know why liao

[@AaronLin88588488]

@@yipkf18 clever

[@yipkf18]

@@AaronLin88588488 that video I watch few times. Deep in my mind

[@louth1770]

Mortgage loans servicing r becoming more strenuous now. Prices r holding up because of influx of foreign elements

[@dreamercrh]

Saw you on the tengah ec booking day! You look slimmer in real life haha

[@AaronLin88588488]

That's the truth hahahaha

[@louth1770]

Will latest uptrend in Feds rate, and rising Sora arrest further rise in property prices

[@shahir3492]

Hey Aaron. How r u? Happy Sunday

[@AaronLin88588488]

Same to you

[@highelo472]

For HDB sellers to lower their prices, condo sellers have to lower theirs first, because if HDB sellers want to upgrade but the price gap to condo remains high then these HDB sellers will likely just wait until they get their price, since now in heightened interest rate environment most people wouldn't want to overstretch on mortgage. Entire market moves in tandem, except for private landed property, especially in non-mature estates where the condo relies on HDB upgraders to sustain its price. It's a game of who can wait longer, the buyers or sellers, the ones who bite first loses.

[@AaronLin88588488]

Once buyer slow down. Seller will start to drop price. It happens in 2013 and it will definitely happen again.

[@andyskw8932]

Hi Aaron, I have 2 colleagues who are still motivated to sell their flat to upgrade to condo or EC. 1 bought 3.5yrs back an old EA at Tampines for $400k+ and now the flat can fetch $700k+ and another colleague whose 5 rm flat will MOP in few months time, bought as BTO for 400k+ and now can also fetch $780k. Looks like the latest cooling measure hasn't really affect the 5 rm or bigger HDB flats yet 😅

[@AaronLin88588488]

Is about buying not selling... They want to sell doesn't mean buyer willing to pay

[@andyskw8932]

@@AaronLin88588488 Their agents very confident to sell their flats at these prices. Perhaps Tampines and Punggol are still highly demanded.

[@AaronLin88588488]

@@andyskw8932 time will tell

[@mikekong6379]

Can feel the frustration you trying to bring across to the audience abt the actual ground. Seller won’t like to hear. Yes I am sitting on the fence of cos I am happy w this pc of information. Guys matter of fact if you are not on the ground , base on info online , u are just reading past information which is alr past tense. Thks for sharing !

[@ASingaporeChipmunk]

Hi Aaron new subscriber here, love how you talk about it rationally. Traditionally like you say housing prices will slow down quite a bit from now to CNY. Now with the cooling measures will be even worse. However… I can’t see rental rates coming down any time soon. Which also can make housing prices stay elevated long run quite frankly. I am no guru like how Aaron Lin is, but I know Singapore mentality, can’t sell won’t sell lor. Then you think how Singaporeans get rich lol. Let’s hope there is no more black swan event coming if not… Ho sei Liao.

[@AaronLin88588488]

Rental is completely diff. Go watch my rental esp a few week ago. 😊 Thank you for the sub

[@ASingaporeChipmunk]

@@AaronLin88588488 like I said, you are the guru I am not, I see it as a layman and like I said, let’s hope no more black swan event lolZ

[@AaronLin88588488]

@@ASingaporeChipmunk hahaha War consider black swan? Haha I think nowadays quite expected. More conflict and unrest will come.

[@ASingaporeChipmunk]

not exactly. can be anything. like i said the market should in theory slow down by 2023. hopefully lol.

[@ASingaporeChipmunk]

keep up the good work and love to hear more of your insight into the property markets.

[@lobangboy2068]

This is indeed very true… my previous neighbour who upgraded from hdb to resale EC during covid, told me tat it was becos of covid & his entire family got stucked in a 3-room HDB home, he kept quarrelling with his wife & entire family very unhappy as they felt very squeezed when everyone was at home. Prior to covid when they travelled to work or school, they dun stay nor meet lesser at home.

[@erictayverystrongimaginati1662]

Everything up lah

[@alvintan356]

What about upcoming ECs that are reaching MOP status? Will their sale be affected?

[@AaronLin88588488]

They will still make their profit but they cant downgrade to hdb immediately. there a 15month rule on them.

[@tedchandran]

Jai Hinduja. FOMO and higher ABSD. Like Big car prices keep rising even with higher COE.

[@shazamman8153]

Elements of foreign buyers from China in tug of Wall with rising mortgages of homebuyers

[@AaronLin88588488]

If you watched the news about rental this few days. We actually talk about this few weeks ago. To me it outdated. If you haven't watch the esp. It here kzbin.info/www/bejne/pam0hIKhn82YqKs

[@kn283]

Do you forsee lower bidding prices from developers for the new EC lands? Should first-timer who are considering EC, adopt a wait and see approach?

[@AaronLin88588488]

I don't think so. The most government don't sell ec land.

[@kn283]

@@AaronLin88588488 so for first timer, if have the funds for downpayment, is still safe to go for tenet EC even with the high psf$ and high 4% interest rate?

[@AaronLin88588488]

@@kn283 i think you should engage Aaron in your purchase to get the answer. 88588488

[@neutraluser4019]

Hmmm covid starts in 2020 Mar....not 2019 wor.

[@AaronLin88588488]

The 2019 novel coronavirus disease (COVID-19) first emerged in the city of Wuhan, in China's Hubei province in December 2019. hahahahaha why so particular.... anyway 2020 is worst because it mean SSD 3 years is 2023...so market will get even worse