Everywhere i turn, i can't escape from someone getting a windfall from their enbloc sale. My parents, my secondary school friend, my client, my cousin and the newspapers. And i didn't. Horror of horrors!
The following are taken from SRX.
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Private property ( non landed) Sale - above and Rental- below index
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HDB Sale- above and Rental-below Index _________________________________________________________________________________ 1) For private property, the price is increasing but the rental is decreasing. Coupled with increasing interest rates, i wonder what is the fuel that will sustain the price increases? Euphoria borne from the spate of enbloc sales?
2) HDB is following a more logical path, price goes down and rental also go down. And not all HDB dwellers are with a bank loan as they can take HDB loan. Such will be immune to interest rate rises going forward.
3) If...