Housing Prices In Singapore A Bubble Effect?

[HomeSWEETHome01 0]

Hi guys, Some information here

Singapore private property rose over 50% over the past 5 years.

HDB rise 84% the past five years.

HDB prices nearing the million mark.

TPY / Tampines HDB sold for 900k recently

more expensive DBSS BTO houses.

Private houses, Condo/Landed, experience constant rise in prices.

Want to discuss with you guys whether u think that all these price increase are just a property bubble, which would bust with just the slightest uncertainty.

[gimz63251073 0]

high end developers are already unable to sell as much as they would like to, Kepland announce that they will rent unsold units.

2 years later, market will have many condos up for rent. U just need to ask around and you will find that many people want to be or are already "landlords". Surely a bubble in my personal opinion.

Just like a stock market, when every one is investing, it probably means market will be coming down soon.

[HomeSWEETHome01 0]

I can see the increasing trend in Sales of houses already, be it HDB or Private houses.

will it come to a point where supply exceeds the demand and price fall?

[kalimantan 6]

when supply > demand , it will lead to price fall.

Now say you buy during price fall and you have few properties at hand. Question now to yourself will be to rent out.

1. Who can you rent out to when singaporeans keep wanting to push foreigners away ? Or is it just to feel-good factor to have many properties at hand ?

2. maybe govt try to make singaporeans own more than one property, then the local will surely want more foreginers to take up the rental.