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 With so many condos being built, will landed get more expensive?

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post Jun 10 2013, 11:11 AM

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QUOTE(Selectt @ Jun 8 2013, 06:47 PM)
Hi all sifus,

Kindly discuss the below:

1) Whether landed property in future will skyrocket since so many condos are being built.

2) Will condos be our main home in the future?

for me personally, i m not so bullish on condos.
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Skyrocket...no la...it's depend affordability in market also..income like apple(small) will no hv return for watermelon(big size).
How do you think for Hong Kong Economy & Population?in there,RM 3 million just buy 400 sq.ft apartment...here 3 million can buy bungalow..But their income is 10 times here.(normal exe level).
Did you think developer after 5 years will launch 3 million super link in KV by expecting people no afford to buy? there better built bungalow.
Condo sure be normal exe main home since no afford buy landed property.
Next 5 years,condo just be a hot cake for new generation to rent only.(they just rent room)..flip market investor will be sakit kepala. (imaging within this 5 years,car tax decrease but cost car material increase,petrol no subsidy & 7 % tax on every thing).

1.No
2.Yes.

 

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