Savills' Cheong on Singapore Property Market

Поделиться
HTML-код
  • Опубликовано: 28 май 2024
  • Savills Research & Consultancy Executive Director Alan Cheong discusses the impact of high property price in Singapore. He speaks with Avril Hong on "Bloomberg: the China Show".
    --------
    More on Bloomberg Television and Markets

    Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
    Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

    Connect with Bloomberg Television on:
    X: / bloombergtv
    Facebook: / bloombergtelevision
    Instagram: / bloombergtv

    Connect with Bloomberg Business on:
    X: / business
    Facebook: / bloombergbusiness
    Instagram: / bloombergbusiness
    TikTok: www.tiktok.com/@bloombergbusi...
    Reddit: / bloomberg
    LinkedIn: / bloomberg-news

    More from Bloomberg:
    Bloomberg Radio: / bloombergradio
    Bloomberg Surveillance: / bsurveillance
    Bloomberg Politics: / bpolitics
    Bloomberg Originals: / bbgoriginals

    Watch more on RUclips:
    Bloomberg Technology: / @bloombergtechnology
    Bloomberg Originals: / @business
    Bloomberg Quicktake: / @bloombergquicktake
    Bloomberg Espanol: / @bloomberg_espanol
    Bloomberg Podcasts: / @bloombergpodcasts

Комментарии • 28

  • @nicolasbenson009
    @nicolasbenson009 13 дней назад +19

    I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

    • @berniceburgos-
      @berniceburgos- 13 дней назад +4

      "Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

    • @tatianastarcic
      @tatianastarcic 13 дней назад +3

      It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

    • @Michaelparker12
      @Michaelparker12 13 дней назад +3

      this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @tatianastarcic
      @tatianastarcic 13 дней назад +2

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @BridgetMiller-
      @BridgetMiller- 13 дней назад +2

      She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

  • @elipick8207
    @elipick8207 12 дней назад +5

    if no $, than simply stick to BTO application. Noises come from people who want to pay peanuts but want to get macadamia nuts.

  • @520chris
    @520chris 9 дней назад +1

    Honestly, if policy makers really want public housing to be affordable and stop pegging the private market, just stop building HDB in prime locations. Leave good locations lands to the private so that private will soar while many will not be able to upgrade to private upon MOP as margins are too low to leap over.

  • @whyh
    @whyh 13 дней назад +1

    He's saying as long as you keep sacrificing on amenities and distance to office and other features etc, and just look at BTO absolute prices alone, it is affordable.

  • @margaretchong1450
    @margaretchong1450 12 дней назад

    Great analysis

  • @tryolegend
    @tryolegend 7 дней назад

    BTO are just subsidized housing. New flats that certain criteria you get to buy at a cheaper price just got classified a different category called resale after you lived in for the minimum occupancy period. If you can believe that. I got a bridge to sell u in Brooklyn.

  • @choonhockong8215
    @choonhockong8215 13 дней назад +6

    Hdb resale flats are not affordable now. The authorities should look into the root cause of the issues like property agents' creative marketing tactics of instilling the fear of missing the "goodbuy." etc.

  • @mohitmehrotra3026
    @mohitmehrotra3026 13 дней назад +11

    Singapore property market is vastly overpriced right now, and “property agents” are one of the key reasons of pushing this to unsustainable prices.

    • @choonhockong8215
      @choonhockong8215 13 дней назад

      I strongly agree. The irresponsible and greedy property agents are pushing the resale hdb prices beyond ordinary people to own a resale flat and to start a family.

    • @choonhockong8215
      @choonhockong8215 13 дней назад +2

      The government should go after the property agents pushing the resale hdb market beyond the reach of ordinary citizens. Many well-educated property agents gave up their good jobs and jumped into the lucrative property sector to be real estate agents.

    • @david888a
      @david888a 13 дней назад

      @@choonhockong8215 in real estate,it’s supply n demand n location,location, can’t blame agents in getting top dollars for their sellers. If buyers wanted that property n willing to buy after negotiation ,it’s on the buyers. I bet u want top dollars for your house too. Government can’ do so much,like ABSD n higher duty for foreign buyers, further restrictions will crash the property market which is no good too. I did suggest that Sg gov should remove ABSD N foreign duty n put in capital gains with the primary home exempted n Alan Wee from Alanwee RUclips replied that, tryst will surely crash the market. I agree that Sg real estate is very expensive.
      Parents should give out their inheritance now so their children can buy now else it will b much more expensive.

    • @jackychew
      @jackychew 13 дней назад

      Prices are mainly the result of supply and demand

    • @marvelcomiks8078
      @marvelcomiks8078 13 дней назад

      @@choonhockong8215 They are well educated thats why they know where to jump into, into property market, into insurance, into banks etc. Like flies attracted to garbage bins.

  • @kelvin.008
    @kelvin.008 11 дней назад

    Time to introduce Mortgage Servicing Ratio to private properties in Singapore.

  • @trialwithfire
    @trialwithfire 13 дней назад

    Rental yield is way lower than risk-free yields. Why would anyone buy real estate instead of just keeping the money in the money market?

  • @jw999
    @jw999 7 дней назад

    Singapore is getting too expensive for a place that's just parking $$, not really creating $$... It ain't no SF.

  • @SivalinPuthery
    @SivalinPuthery 13 дней назад +4

    From 2016-19, Singaporeans were criticizing the Singapore government, especially Lawrence Wong for causing HDB prices to FALL due to the lease decay issues. Opposition parties like SDP and WP came out with their white papers and proposals to make sure HDB prices will keep on rising.
    Man, Singaporeans .... kumgong

  • @bongbong1937
    @bongbong1937 11 дней назад +1

    This guy is definitely smoking something.
    Saying so many things without actually saying anything.
    Everything he said is so obvious. Over and over.

  • @chinchowpowpook
    @chinchowpowpook 2 дня назад

    All hypocrisy here..if your son bought a house ,after 10 years he say he selling away at same price, would u all tell him stupid?

  • @hatchegg80
    @hatchegg80 13 дней назад

    avril is much better doing interviews than being a talking head

  • @adameve333
    @adameve333 12 дней назад

    BTO is affordable - closed my window.

  • @RacingS2000
    @RacingS2000 13 дней назад +2

    Word salad blah blah Artificial Intelligencd blah blah