Singapore's Housing Crisis: Tenants Priced Out? Is Singapore Facing a Hong Kong-like Housing Crisis?

[@BomBomm12345]

will be great if PLB team can share some of the properties in their portfolio to know rationale for buying certain projects

[@arthurkhong7957]

P0❤❤❤0

[@Lux_Tech]

Love the discussion and information! Thank you! 😊

[@notgpodcast]

Glad you enjoyed it!

[@DukeShanks]

Please cast Beatrice more often!

[@notgpodcast]

since u say pls we will consider ur comment ^_^

[@DukeShanks]

@@notgpodcast Notifications TURNED ON for all videos.

[@wjseah]

I am not very well researched on this topic, but is there a difference between home ownership ratio versus proportion of owner-occupied households? Multiple generations can live in a HDB flat but there are likely only 2 real owners. This would still count towards proportion of owner-occupied household but does it count towards home ownership ratio?

[@notgpodcast]

Hi WJ, thanks for your comment! Home ownership ratio is one thing, and owner-occupied is another. Essentially both of these are different :) Investors can own the home but don't occupy the house. If the ah gong/ah ma doesn't own a home, and stay with the son and his family, they don't contribute to the home ownership ratio, but the son will contribute to the owner-occupied household count. Hope this clarifies!

[@abcxyz1242]

Very insightful discussions. Thks.

[@notgpodcast]

Glad you enjoyed it! Thank you for sticking around :)

[@1965Singaporean]

Expensive or cheap is a individual valuation. Most important is our HDB is well build for everyday living purposes.

[@arunnoor]

PLB team ! If we have a mortgage interest rate at 4% and no indication of the reduction, we have fresh supply coming into the market, and we have the 15 month waiting period for private property owners. Is it not ideal for the prices to come down. Example,If someone is buying a second property for investment for 500,000 assuming they have another property where they live for the same price! At 4% interest they need to fork out 2k per month on both property which comes close to around 70% of average Singapore’s salary. Is it not fair to say people who have the second property will start to sell out in the market and it will add on to the supply and reduce the price ! Even if they don’t want to sell at low price they will be forced to sell at lower price right because of the rising mortgage cost ? 😀 I kind of feel the market is turning into a buyers market from sellers.

[@1965Singaporean]

Nowadays young people sibei weak leh, kpkb property expensive. Now graduated starting pay so high, some more double income. Last time I single income, only o level also can rise 3 kids and upgrade to HUDC and buy more property. We are blessed that PAP introduce ABSD to protect the young people, if not all the rich will buy up all property.

[@edwardlumsianming3430]

Who are the buyers and their financial ability.

[@edwardlumsianming3430]

Why is Grant in cpf and not discount when the person sells it affect them😢😢😢😢😢😢

[@edwardlumsianming3430]

Life span are for housing and car in this country

[@eightfoldsg]

Hello Melvin. Single here, agree.. on the gap 😢 not to mention a widow or divorced also falls into single hood.

[@Fieryfist88]

Will be better if the volume of the video is consistent throughout the video as some speakers are speaking softer than the hosts

[@notgpodcast]

thank you for your comment, we'll take note of this! :-)

[@edwardlumsianming3430]

So is property an asset or liability

[@1965Singaporean]

If take loan is liability la.

[@edwardlumsianming3430]

As we age over the years, we humans deteriorate in value while property increases in value

[@edwardlumsianming3430]

I believe we will be like HONGKONG😢😢😢😢😢

[@edwardlumsianming3430]

The STATE is profamily

[@edwardlumsianming3430]

Affordability is subjective for different people.

[@edwardlumsianming3430]

In the end, Singapore housing becomes a sections of top to low people status. Just like medieval times.

[@edwardlumsianming3430]

I am for the ANIMAL FARM cartoon😮😮😮😮😮

[@edwardlumsianming3430]

Freehold for family line to continue like ancient Chinese dynasty . 99 for make money and flip the properties unless enough money made

[@1965Singaporean]

PR and foreigners should only rent. Because the world is your oyster. 😂

[@1965Singaporean]

Conclusion: just buy asap 😂😂😂

[@edwardlumsianming3430]

The STATE WILL MONITOR IT and take action when it gets out of hand😅😅😅😅😅

[@edwardlumsianming3430]

Happiness because of very high price is for the rich😢😢😢😢😢

[@edwardlumsianming3430]

After work, no meaning in life than depression and die

[@johnlim8541]

Yes the shruken is a typo 😂

[@lifewithgrayce]

No worries, I got you 😉

[@edwardlumsianming3430]

Put it to 23 years old, and maybe people do not bother to get married😢😢😢😢😢

[@edwardlumsianming3430]

Can go up and up, but will all be in CBDC😢😢😢😢😢