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AMDK!!! Sg property prices to double in 12 years

Just to add on associated worker labour costs in building or upgrading properties in future which will also support rise in property prices.

jeremyow      ( Date: 18-Apr-2017 09:53) Posted: Property prices is difficult to predict how it will run in future. Any analyst reports by even the smartest brains from big bank names are also to be taken with a pinch of salt. Frankly speaking, no one can really know who much property prices will rise in future. It is more complicated than anyone can predict as too many future factors can affect property prices for the different types of properties (public BTO HDB, resale HDB, exec condominiums, pte condominiums, different types of landed properties) and also properties in different regions (core central, outside core central, suburbs etc) and also properties of different sizes (sq feet/ sq metres).  But one thing is for sure, property prices will rise due to inflation cost in the land prices, raw materials to build new properties and upgrade exisiting properties. Also, due to increasing population growth, demand for housing will always increase with a finite amount of usable land avaliable to build properties on. However having said that, it does not guarantee that all types of properties, properties in all types of regions and all different sizes of properties will all increase at same rate. One maybe even surprised that some properties may even decrease in prices over time due to certain factors working against them. It is all about supply and demand and supply and demand are certainly affected by many factors which it is impossible for anyone to predict what will happen in the future.  Of course, the governing body could continue to influence property prices in their regulations and actions to either boost the market or dampen the market. But, afterall, it is still what the market (buyers and sellers) thinks and act which will affect property prices. For Singapore, we are entering into a situation similar to other developed countries with an aging population demographics. One could look to such countries for some indications how their property prices have developed amidst an aging population demographics. But again, it is just a reference as different countries are definitely subjected to different set of factors affecting their property prices.  With our government push for more population growth (esp from professional immigrants coming to work and find permanent residency here) into the future, maybe our property prices may still have decent growth in the years ahead despite an aging population demographics (which older retiring folks may not be chasing for any more upgrades).  An aging population demographics does dampen the economic growth in a country. I expect the GDP of Singapore will not be as high as before given one to two decades down the road if the development in our demographics is hastening towards an aging one. As to property prices, I will hesitate to provide any predictions which I am not able to foretell ahead of the times. A caveat here is that historical performance may not predict future performance with the exact same. It applies for property prices as well as stock market prices. But the general trend is still a rising trend due to factors of inflation cost and population growth which support consumerism growth.

 

Property prices is difficult to predict how it will run in future. Any analyst reports by even the smartest brains from big bank names are also to be taken with a pinch of salt. Frankly speaking, no one can really know who much property prices will rise in future. It is more complicated than anyone can predict as too many future factors can affect property prices for the different types of properties (public BTO HDB, resale HDB, exec condominiums, pte condominiums, different types of landed properties) and also properties in different regions (core central, outside core central, suburbs etc) and also properties of different sizes (sq feet/ sq metres). 

But one thing is for sure, property prices will rise due to inflation cost in the land prices, raw materials to build new properties and upgrade exisiting properties. Also, due to increasing population growth, demand for housing will always increase with a finite amount of usable land avaliable to build properties on.

However having said that, it does not guarantee that all types of properties, properties in all types of regions and all different sizes of properties will all increase at same rate. One maybe even surprised that some properties may even decrease in prices over time due to certain factors working against them. It is all about supply and demand and supply and demand are certainly affected by many factors which it is impossible for anyone to predict what will happen in the future. 

Of course, the governing body could continue to influence property prices in their regulations and actions to either boost the market or dampen the market. But, afterall, it is still what the market (buyers and sellers) thinks and act which will affect property prices.

For Singapore, we are entering into a situation similar to other developed countries with an aging population demographics. One could look to such countries for some indications how their property prices have developed amidst an aging population demographics. But again, it is just a reference as different countries are definitely subjected to different set of factors affecting their property prices. 

With our government push for more population growth (esp from professional immigrants coming to work and find permanent residency here) into the future, maybe our property prices may still have decent growth in the years ahead despite an aging population demographics (which older retiring folks may not be chasing for any more upgrades). 

An aging population demographics does dampen the economic growth in a country. I expect the GDP of Singapore will not be as high as before given one to two decades down the road if the development in our demographics is hastening towards an aging one. As to property prices, I will hesitate to provide any predictions which I am not able to foretell ahead of the times.

A caveat here is that historical performance may not predict future performance with the exact same. It applies for property prices as well as stock market prices. But the general trend is still a rising trend due to factors of inflation cost and population growth which support consumerism growth.  

 

THE latest government figures on private home sales point to a turnaround in the market.

Figures released on Monday showed that, in the primary market, developers sold 1,780 new private homes last month. The March 2017 sales volume is up nearly 82 per cent from February' s 979 units, and a 111 per cent jump from the 843 units sold in March 2016.

 

http://www.businesstimes.com.sg/real-estate/developers-private-home-sales-soar

 

Well 12 years is a long long time..
The prop mkt highly inflated..especially private and landed prop.

 

hahah, then we buy shares for what?

Assuming leverage, can make 100% in 12 years from properties
 

 

Singapore property prices to double by 2030: Morgan Stanley

The protracted downtrend in Singapore' s property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wednesday note.

" Property market bears expect slower population growth, an ageing population, and a structural growth slowdown to weigh on the long-term property market outlook," the note said. " We disagree and believe home prices will double by 2030."

Source: http://news.asiaone.com/news/business/singapore-property-prices-double-2030-morgan-stanley