sg89ailikesi Posted July 6, 2022 Report Share Posted July 6, 2022 I am under 35, saw a listing on a going to MOP EC. Any advise on the process/procedures on buying a private property? Any things to take note? as interest rate is rising is it advisable to wait till fully mop when people start selling and when the supply is higher the price will drop? Esp when interest rate is increasing. thank you in advance! Quote Link to comment Share on other sites More sharing options...
Guest Mary Posted July 6, 2022 Report Share Posted July 6, 2022 On 7/6/2022 at 4:43 PM, sg89ailikesi said: I am under 35, saw a listing on a going to MOP EC. Any advise on the process/procedures on buying a private property? Any things to take note? as interest rate is rising is it advisable to wait till fully mop when people start selling and when the supply is higher the price will drop? Esp when interest rate is increasing. thank you in advance! Your age is not a matter , your finances are ; so what is there to take note is go look at your bank account Quote Link to comment Share on other sites More sharing options...
singalion Posted July 6, 2022 Report Share Posted July 6, 2022 On 7/6/2022 at 4:43 PM, sg89ailikesi said: I am under 35, saw a listing on a going to MOP EC. Any advise on the process/procedures on buying a private property? Any things to take note? as interest rate is rising is it advisable to wait till fully mop when people start selling and when the supply is higher the price will drop? Esp when interest rate is increasing. thank you in advance! Ask some property agents... Price drops will depend whether there is an oversupply or whether the location is less sought... and dependent on many factors. sg89ailikesi and fly360 2 Quote Link to comment Share on other sites More sharing options...
Guest Guest Posted July 7, 2022 Report Share Posted July 7, 2022 On 7/6/2022 at 5:50 PM, singalion said: Ask some property agents... Price drops will depend whether there is an oversupply or whether the location is less sought... and dependent on many factors. And what have properties in Singapore got anything to do with a si angmoh like you to comment? Do you know anything about the matters here for you to comment about it on BW? OR ARE YOU SOME FOREIGN INTERFERENCE TRYING TO MEDDLE WITH EVERYTHING HERE IN SINGAPORE? Quote Link to comment Share on other sites More sharing options...
fly360 Posted July 7, 2022 Report Share Posted July 7, 2022 On 7/6/2022 at 4:43 PM, sg89ailikesi said: I am under 35, saw a listing on a going to MOP EC. Any advise on the process/procedures on buying a private property? Any things to take note? as interest rate is rising is it advisable to wait till fully mop when people start selling and when the supply is higher the price will drop? Esp when interest rate is increasing. thank you in advance! When fully MOP, more people will start to sell, but also more people would want to buy, if the project is well sought after. Singaporeans are generally cash rich (even though those interviewed will always say subsidies not enough). Plus the fact that government measures have been around for the last couple of years, but yet prices keep rising. If prices of fuel, goods, food, and services go up, it would be illogical for real estate to go down. If you are born in 1989, you would turn 35 in 2 years time. I would suggest waiting for 2 years to buy a resale HDB. It will be easier on the wallet and bank account. Quote Link to comment Share on other sites More sharing options...
sg89ailikesi Posted July 7, 2022 Author Report Share Posted July 7, 2022 On 7/7/2022 at 4:19 PM, fly360 said: When fully MOP, more people will start to sell, but also more people would want to buy, if the project is well sought after. Singaporeans are generally cash rich (even though those interviewed will always say subsidies not enough). Plus the fact that government measures have been around for the last couple of years, but yet prices keep rising. If prices of fuel, goods, food, and services go up, it would be illogical for real estate to go down. If you are born in 1989, you would turn 35 in 2 years time. I would suggest waiting for 2 years to buy a resale HDB. It will be easier on the wallet and bank account. Ya, nowadays resale hdb prices also go hare wired. Hahaha. Thank you for the advise Quote Link to comment Share on other sites More sharing options...
fly360 Posted July 8, 2022 Report Share Posted July 8, 2022 On 7/7/2022 at 8:18 PM, sg89ailikesi said: Ya, nowadays resale hdb prices also go hare wired. Hahaha. Thank you for the advise Dont worry too much about prices will go north or south. As long as you did your sums, saved up, and have secured finances with minimal commitment, go ahead and get your own property. The best years of your life is now. Have your own place, run your own household, and live happy. Quote Link to comment Share on other sites More sharing options...
Malabird Posted May 26, 2023 Report Share Posted May 26, 2023 Forget about BTO, your chance is higher in striking Toto. invest young if you can afford, starts with hdb resale or condo new launch; always go for good location. Quote Link to comment Share on other sites More sharing options...
Malabird Posted May 26, 2023 Report Share Posted May 26, 2023 (edited) On 7/7/2022 at 4:02 PM, Guest Guest said: And what have properties in Singapore got anything to do with a si angmoh like you to comment? Do you know anything about the matters here for you to comment about it on BW? OR ARE YOU SOME FOREIGN INTERFERENCE TRYING TO MEDDLE WITH EVERYTHING HERE IN SINGAPORE? You are right, this guy thinks that he knows everything, even on issues in countries which he knew nothing about or very little. He thinks that he smarter than high IQ Trump 😄 Edited May 27, 2023 by Malabird Quote Link to comment Share on other sites More sharing options...
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