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Anonymous
Will BTO prices or HDB prices drop back to pre-pandemic value?
Even with the cooling measures and new BTO structure plans, it doesn't seem like the prices are dropping rather it might even increase in the near future. Would like to hear your thoughts, especially for non-degree holders who might have trouble hitting the median income. (Excluding Business owners and entrepreneurs).
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Teo See Hwa
Edited 29 Sep 2024
MArketing Associate at Propnex
Just remove Voluntary Early Redevelopment Scheme (VERS), remove all upgrading work, all HDB will come crashing down.
https://www.mnd.gov.sg/newsroom/parliament-matt....
https://t.me/SgPropertiesForum/158561
https://www.youtube.com/watch?v=ONCZwKzI_6c&t=3...
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I highly doubt.
Properties in general are upwards trend, since 1996 cooling measures were introduced.
There are more than 13 cooling measures since 1996.
It cooled the market. But some btos are still in the 640k range.
Dont need talk about the privates.
Imagine some of these measures are released.
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Both BTO and HDB resale unlikely to go back to pre-pandemic prices. Even if the price drop due to cooling measures or change in policies, such drop is also likely to be mild, with -5% at best imo.
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Would not drop as supply is low and property demand is always high...
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Very unlikely as the demand is high....