#14: ABSD Hike Here to Stay? + Perspectives on Integrated Projects and Varying Rental Rates

A brief discussion recently on the ABSD rise, we’re going more in depth on what this increase could mean, not just for private properties but HDBs as well. Melvin Lim and Yu Rong are joined by articulate Mikaela and everybody’s friend, Beng Yew, to discuss not only the pressing topic of ABSD, but integrated developments as well as the rental market.

Will those in the sidelines stay forever priced out of the market? Will rentals continue to rise? What about why some but not all integrated developments seem to do well? Get your snacks ready as we answer all these burning questions, in bite-sized chunks, on this week’s episode of our Banter style Nuggets On The Go!

(0000:00) Introduction
(00:02:52) Mikaela's Accent
(00:05:30) Beng Yew was a flower salesperson
(00:06:29) Topics to cover
(00:08:55) HDB prices rose further (5-room flats)
(00:12:20) Govenrment further raises ABSD rates
(00:15:10) A lot of foriegn buyers buying OCR Resale
(00:19:56) ABSD hike on housing market could go two ways
(00:22:03) Three different countries (Would you invest?)
(00:36:47) Foreign buyers pick up 4 units despite doubling in foreigner ABSD Rate
(00:40:51) Blossoms By The Park unit prices
(00:45:55) Are Integrated Projects overpriced?
(00:52:25) Yu Rong's Watertown story
(00:53:33) Integrated Projects audience
(00:54:02) Beng Yew's Mr Coconut story (Watertown)
(00:56:12) Disparity Effect (Integrated Projects)
(01:01:39) The Woodleigh Residences (Integrated Projects)
(01:09:10) The Woodleigh Residences or Park Colonial
(01:10:41) Predictions of average PSF of an OCR new launch in 2028
(01:14:47) Highest PSF done in the last 6 months
(01:16:29) 5-room HDB flats rental rates
(01:25:25) Singapore residential property supplies
(01:29:51) Are we trapped?
(01:33:34) Topics to cover next episode
(01:33:57) Conclusion
(01:34:08) Bloopers

Watch the video on our NOTG YouTube Channel:
https://youtu.be/4BAaeaYdEVg