mycarforum: Private property prices... Up or Down? part 3

Heard the new launch next to Aljunied MRT selling at 1,500psf, only 20% sold. very near to geylang too

The reason prices keep going up is the lack of supply.

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The real demand is from million of people coming here

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and they need a place to live.

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The reason for prices moderating is strict control on bank

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lending but this is an artificial restraint.

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Its like an angry dog charging at you but held back by a�

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leash. If the leash breaks then prices will really fly.

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Thanks for the insight,

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I do look at the price but more from a profit potential standout, i,e buy in at how much and expect to sell for how much etc. Prices on property guru are well inflated anyway and you never know how much the seller will accept.

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Generally I scour areas with up coming MRT lines for starters I especially like the downtown line and Thompson lines as they would bring ease of transport to areas previously gridlocked during rush hour or just plain desolated. That and reviewing the master plan En Bloc potential, schools / amenities etc. Most times I just walking aimless around getting a feel of the area� [laugh]

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I'm going to haphazard a guess, but would you prefer freehold/999 years as opposed to 99 years or does it not matter?

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Would you be comfortable to share which areas / districts you are targeting when the market softens?

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I am interested in building up cash flow...hence my approach is different.

I assessed each project differently. Characteristics I look out for... Livability... Age...conditions of the unit...amenities...ease of getting transport.. Profile of tenants which the project will attract..the list goes on.in short things that tenants look out for..

But I know Most investors look at only the entry price while forsaken the above mentioned attributes. Examples include buying next to substations major roads etc just because dirt cheap. But usually what u pay for is what you get as most of the time people will avoid staying such places.

As for buying near mrt.. Have to depend on where n how well connected is your mrt node...

Nonetheless I should emphasize that it is the ease of getting to the destination matters. Hence such needs can easily fulfilled by buses at times so having a well connected busstop also helps.

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The reason prices keep going up is the lack of supply.
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The real demand is from million of people coming here
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and they need a place to live.
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The reason for prices moderating is strict control on bank
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lending but this is an artificial restraint.
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Its like an angry dog charging at you but held back by a�
�
leash. If the leash breaks then prices will really fly.
�
��

If that is your assessment of the current situation now, i would totally disagree.

Here is my take:

The real reason why prices have not fallen than much is becos of artificial information flooding the market and the low cost of funding.

The real demand is way lower than the real supply.

Prices are slowly slipping as the artificial restriant gets weaker.
Like an angry dog charging at you but held back by a leash

I am not sure if prices will fly when the leash breaks, but I know there will be bloodshed.....
And the leash is about to break...

Muayhahahahahahahaha

Anyway , if not for the leash , the effects of bubbles bursting is going to be even worst.

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Even in china and hong kong , assets price growth has slowed , there are plenty of "ghost" towns in china and many parts of asia.

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To me , whether you release the quota or not doesn't affect property prices short term but if our garmen open the flood gates,It is going to dilute the values of singaporeans which brought us to where we are and demand for singapore as a regional hub might diminish should the quality of the workers decline.

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To me , it is not wise for the garmen considering opening the flood gates but instead focusing on family planning , for instance offering free education to the 3rd and 4th child and probably nothing for the next few based on the same mother, in this way it improves the chances of people thinking of having the 3rd and 4th yet worry about their future.

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It is something that malays have enjoyed in the past why not open it to all singaporeans including chinese,indians and other races.

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This will in turn boast our working population in the next 20 years and still retain the values which has kept ur competitive the past few years.

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Other than that , a wake up call is needed for all young singaporeans not to take everything for granted , properties prices will fall , their annual pay increments not guaranteed and cushy jobs are not always available , this will prepared our young for the harsh future ahead.

If that is your assessment of the current situation now, i would totally disagree.

Here is my take:

The real reason why prices have not fallen than much is becos of artificial information flooding the market and the low cost of funding.

The real demand is way lower than the real supply.

Prices are slowly slipping as the artificial restriant gets weaker.
Like an angry dog charging at you but held back by a leash

I am not sure if prices will fly when the leash breaks, but I know there will be bloodshed.....
And the leash is about to break...

Muayhahahahahahahaha

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everything that needs to be said has already been said. Tried to find a contrarian view but the circle of wise property owners i�sought advice from (baby boomers, old�uncles who made their money buying up half a dozen condos in the 80s, etc) are all shaking their heads and advising�their own kids�to stay away from the market.

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Sure, flippers have disappeared but�price is still unrealistic, for the good of the country. Media reports�point the way of�more correction (eg young�homeowners have no savings, more home auctions, costly singapore, pending rate hikes etc). Also, bear in mind the bulk of the new FTs will earn less than their SG counterparts.

Why bulk of new FTs will earn less?

The labour intensive industries are kpkb about the difficulty in hiring low wage FT.

S-Pass minimum is now $3K?

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everything that needs to be said has already been said. Tried to find a contrarian view but the circle of wise property owners i�sought advice from (baby boomers, old�uncles who made their money buying up half a dozen condos in the 80s, etc) are all shaking their heads and advising�their own kids�to stay away from the market.
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Sure, flippers have disappeared but�price is still unrealistic, for the good of the country. Media reports�point the way of�more correction (eg young�homeowners have no savings, more home auctions, costly singapore, pending rate hikes etc). Also, bear in mind the bulk of the new FTs will earn less than their SG counterparts.

don't forget the supply "flood" coming in the next two years

Speculate only with the money that you no need to use ...

Just wait for the right price in your mind, to go in :)

Singapore's target population is 6.9 million

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and the population now is 5.4 million

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so there will be 1.5 million more people coming.

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Average of 4 people to one home means we need

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another 375,000 homes.

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The people that have been saying a blood bath

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is coming has been saying since 2009.

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5 years later and what blood bath?

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If all the people that said there is a blood bath coming

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bought any property in 2009 they would be sitting on a

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massive profit profit. If prices went up 100% since

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2009 and came down 30% or 50%, you are stlll looking at a

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50 to 70% profit.

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We shall see , credit point of view increase in interest rates, people holding more than 1 properties' debt will be affected.

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Anyone which bought in 2009 and not gotten out , would have seen their profit dipped at least by 50% from the peak in early 2013. At least for my case if i didnt get out in time.

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5.4mil pop now , do you know how many condos are going to TOP now and how many more come next year? To top that up , the amounts of flats .

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Put that ratio against the amount people they are going to let in ? Are those people they going to let in professionals or the normal workers which will not be able to afford private properties and restrictions on rentals and stuff are going to affect their abilities to stay here. The garmen is soooo stupid that they think without creating jobs , they can sustain this inflow of foreigners .

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Gone are the days which people will think easy money can made via blind imports , they fail to understand that the inflows and outflows are hand in hand , inflows will never be the same as the hot money which is flowing out. LOOK AT THE RETRENCHMENT in trading facilities all across via banks.

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Only when we stablise our base via local growth that we can improves property prices , not via hoping that importing foriegn imports would improve those prices , it doesn't work this way. Quality imports might improve prices not 1.4 million worth of low quality workers and i do not think they are 1.4 million worth of millionaires willing to move here? Ask yourself if i am a millionaire or billionaire , why would i wanna join a place filled with maids/FW all over (i.e Ion) and no place exclusive to the rich other than a few known places. You want the rich to come in , give them space and exclusiveness.

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I really question the quality of the leadership nowadays , are they so silly to think just adding imports will improve GDP without improving the quality ? With no advance in technology and quality of� citizens, increasing the population would only make it worse with incomes affected, people's disgruntlement and worse lowering buying power which indirectly affects property prices.�

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I challenge the leadership , let they flow in, see where it goes.

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So stop dreaming. Oh ya where the light opera singer??

Edited by CH_CO, 28 November 2014 - 04:59 PM.

Jamesc

Funny, who's talking in reference to 2009. Move on lah.
Lest you didnt know, the bloodbath came and went all too quickly in 2009.
Fortunately or unfortunately.

But becos the physical property market does not have a reaction time like a stock market, many idoits were spared back then. This time the slow but sure downward movement will kill if it continues.

Secondly, once an asset changes hands the pricing no longer stays static.

Otherwise base on your "theory" nobody will lose money in the stock market after 2009 simply becos stock prices were at its lowest then....

Dont know whether to laugh or cry when i read your serious posts.

Lastly, put your money where your mouth is, go buy a property now. Why wait?

Edited by Throttle2, 28 November 2014 - 04:51 PM.

Heard the new launch next to Aljunied MRT selling at 1,500psf, only 20% sold. very near to geylang too

Siao lang then buy.

D9 1000sft condo 999leasehold can get around $1600psf, which idiot would buy this?

Must be mickey mouse unit right?
Trillium last done $1800psf in Sep.....

Attached Thumbnails

Oh ya for those which do not know how to check on property demand , google under "NPL" which is the ratio of non performing loans in short.

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Maybe the experts can explain .

Edited by CH_CO, 28 November 2014 - 05:37 PM.

Siao lang then buy.

D9 1000sft condo 999leasehold can get around $1600psf, which idiot would buy this?

Must be mickey mouse unit right?
Trillium last done $1800psf in Sep.....

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Wow... next to Aljoonie selling this price?

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everything that needs to be said has already been said. Tried to find a contrarian view but the circle of wise property owners i�sought advice from (baby boomers, old�uncles who made their money buying up half a dozen condos in the 80s, etc) are all shaking their heads and advising�their own kids�to stay away from the market.

�

Sure, flippers have disappeared but�price is still unrealistic, for the good of the country. Media reports�point the way of�more correction (eg young�homeowners have no savings, more home auctions, costly singapore, pending rate hikes etc). Also, bear in mind the bulk of the new FTs will earn less than their SG counterparts.

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i duno wat is your unrealistic but im seeing quite a few good deals already...

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media is the worst place to get info from, but a good place to judge mkt psychology IMO

Edited by Duckduck, 29 November 2014 - 08:31 AM.

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everything that needs to be said has already been said. Tried to find a contrarian view but the circle of wise property owners i�sought advice from (baby boomers, old�uncles who made their money buying up half a dozen condos in the 80s, etc) are all shaking their heads and advising�their own kids�to stay away from the market.
�
Sure, flippers have disappeared but�price is still unrealistic, for the good of the country. Media reports�point the way of�more correction (eg young�homeowners have no savings, more home auctions, costly singapore, pending rate hikes etc). Also, bear in mind the bulk of the new FTs will earn less than their SG counterparts.

This is interesting... What was the situation back then? How have the game rules changed since then?

We are all now in the uncharted waters.
Lessons learnt in the past may not necessarily mean they still apply now.

Edited by enos, 29 November 2014 - 09:43 AM.

Just visited forum.singaporeexpat.com

Seems that the new foreigners that are arriving here are earning 100,000 per annum.

The folder are relocating. Moving to singapore and career n jobs

How to land these jobs. I saw I thread that has a 21 year old british boy earning 100,000k per annum in the thread and he was recently gotten approval to work here.

The administrator check the account ip address before letting them post so must be real person and so many earning 120k to 200k per annum

I dont give a fu ck where they are from, I just want to know what company they working for

Edited by frenchfly, 29 November 2014 - 10:34 AM.

Most likely finance industry

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Just visited forum.singaporeexpat.com

Seems that the new foreigners that are arriving here are earning 100,000 per annum.

The folder are relocating. Moving to singapore and career n jobs

How to land these jobs. I saw I thread that has a 21 year old british boy earning 100,000k per annum in the thread and he was recently gotten approval to work here.

I dont give a fu ck where he is from, I only want to know which company employ him so that I can join

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This is interesting... What was the situation back then? How have the game rules changed since then?

We are all now in the uncharted waters.
Lessons learnt in the past may not necessarily mean they still apply now.

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Firstly, I'm not an expert, so I ask around a lot.

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Low price aside, I think a big factor back then was pricing followed genuine supply and demand. Govt reacted promptly in case of supply shortage. Anyone who wanted to invest in residential property would not have foreseen massive gains, and there were better vehicles to put money in (even fixed deposits had good returns). There were those who invested in property of course, and all the multiple property owners i know bought properties as long term investments after a windfall (retired army officers receiving lump sum pension, retirees get cpf, golden handshake, inheritance etc). Remember, interest rates were high back then (average 8%) so if you have extra money, park it in affordable, freehold property.

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then the govt relaxed rules, allowed more CPF for housing, allowed PRs to purchase HDB, introduced ECs etc and people started seeing property as a quick gain.1996 happened. Sorry if the graph below is not really clear

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PPI+1960+to+2010.gif

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Today, its just a repeat of people seeing property as an investment tool, with one difference:

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See, I was an intern in a factory 20 years ago (1994) .Back then I was given an allowance of $25 a day.

Last month, I had a uni intern working for me.She was given an allowance of $20 a day (market rate).

After 20 years....

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Home prices are spacerocketing, but the homebuyers are still stuck on ancient salaries and end up just taking up massive 30 year loans as they do not have enough cash upfront. How is that sustainable?? that's not even factoring in interest rate increase

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Firstly, I'm not an expert, so I ask around a lot.
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Low price aside, I think a big factor back then was pricing followed genuine supply and demand. Govt reacted promptly in case of supply shortage. Anyone who wanted to invest in residential property would not have foreseen massive gains, and there were better vehicles to put money in (even fixed deposits had good returns). There were those who invested in property of course, and all the multiple property owners i know bought properties as long term investments after a windfall (retired army officers receiving lump sum pension, retirees get cpf, golden handshake, inheritance etc). Remember, interest rates were high back then (average 8%) so if you have extra money, park it in affordable, freehold property.
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then the govt relaxed rules, allowed more CPF for housing, allowed PRs to purchase HDB, introduced ECs etc and people started seeing property as a quick gain.1996 happened. Sorry if the graph below is not really clear
�

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Today, its just a repeat of people seeing property as an investment tool, with one difference:
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See, I was an intern in a factory 20 years ago (1994) .Back then I was given an allowance of $25 a day.
Last month, I had a uni intern working for me.She was given an allowance of $20 a day (market rate).
After 20 years....
�
Home prices are spacerocketing, but the homebuyers are still stuck on ancient salaries and end up just taking up massive 30 year loans as they do not have enough cash upfront. How is that sustainable?? that's not even factoring in interest rate increase

I m not an expert too. Like u I ask alot of questions n is open to all opinions. Hence I like to derive answers on my own.

Firstly.. Your observations are correct..in certain sense. But I noticed that perhaps there are many assumption s being made too.

Firstly.. Government has to intervene due to what? And why?

Secondly... Regarding our income level.. Is our situation unqiue to Singapore only? In recent years why have our income disparity gotten worse? Today.. 0.004 percent of the worlds adult population controls over $30 trillion in assets which is 13 percent of the worlds total wealth. Is what u see more a phenomenon of the income gap? Why was such a huge distortion in the first place? Do you know how old is our money system?

Lastly...as for the young chaps earning a lot.
They should be from the financoal centre la. There is a reason why singapore continues to build up our financial hub due to certain developments in ASEAN countries and singapore is well posed to be a financial centre in the next 10 years.

Looks like it isnt just at home but also overseas?

Attached Thumbnails

Looks like it isnt just at home but also overseas?

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� �I only see the roolex moving upscale... the rest of lots of " boo-shit "

How to land these jobs. I saw I thread that has a 21 year old british boy earning 100,000k per annum in the thread and he was recently gotten approval to work here.

The administrator check the account ip address before letting them post so must be real person and so many earning 120k to 200k per annum

I dont give a fu ck where they are from, I just want to know what company they working for

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cronyism is extremely prevalent in top income jobs... alot of connections here n there so that rich dads also have rich kids, its like that ard the world. even if u know the coy u wont b able 2 get job there IMO. In 2009 i saw so many ex-lehman bear stearns execs move here it wasnt even funny... all they did was stay for awhile then flip themselves later on.

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cronyism is extremely prevalent in top income jobs... alot of connections here n there so that rich dads also have rich kids, its like that ard the world. even if u know the coy u wont b able 2 get job there IMO. In 2009 i saw so many ex-lehman bear stearns execs move here it wasnt even funny... all they did was stay for awhile then flip themselves later on.

I know, my company is hiring a boy 19 years old from uk,

At first i thought he some high iq genius but fuc k lar, just that the parents have a share in the company.

Come here less than 1 month start fighting with the gm, saying he knows better.

The gm ???the office is loacted at uob the company deals in f n b

Have left the company last year.

The most ??? iw the boy goes around telling people, even thou he has no degree or diploma. He has lots of life experiences ??

Edited by frenchfly, 29 November 2014 - 03:02 PM.

I think HDB is overpriced so pricesmust drop. Take so long to handle a simple matter
This is a classic example of the efficiency and effectiveness of civil service at large
Well done well done clap clap pwui!

Muayhahaha

Attached Thumbnails

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Wow... next to Aljoonie selling this price?

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Guess some people think worth paying more

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cos so convenient to go for good food there.

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My take: there are still lots of ppl with cash waiting at the sidelines waiting for the crash to come...
Crash won't come, but softening of prices is a real thing unless something drastic happen in the whole world economy.

Anyway, I am more worried abt the current oil price dropping ...
On the surface it may look good for general economies, but this may cause crash in Russia, China ...

Time to step back and observe ...
Money is yours, handle and invest with care :))

will come one , matter of time , history repeats itself .

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As for those so called property experts , have you handle a full cycle of property correction or even done any research on what actually happens before a crash or after??

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I am not sure , things keep repeating themselves cycle after cycle and people still don't learn. Good luck , bull market bear market only pigs get slaughtered.

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For those which thinks it is a good time to buy property , put your words into action and buy , show me to the receipt , else don't come and talk cock with me.

I thought it would benefit China actually? With their high energy demands dropping oil price will be a boon?�

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My take: there are still lots of ppl with cash waiting at the sidelines waiting for the crash to come...
Crash won't come, but softening of prices is a real thing unless something drastic happen in the whole world economy.

Anyway, I am more worried abt the current oil price dropping ...
On the surface it may look good for general economies, but this may cause crash in Russia, China ...

Time to step back and observe ...
Money is yours, handle and invest with care :))

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will come one , matter of time , history repeats itself .

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As for those so called property experts , have you handle a full cycle of property correction or even done any research on what actually happens before a crash or after??

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I am not sure , things keep repeating themselves cycle after cycle and people still don't learn. Good luck , bull market bear market only pigs get slaughtered.

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For those which thinks it is a good time to buy property , put your words into action and buy , show me to the receipt , else don't come and talk cock with me.

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big boss, i neutral party . :ph34r: � :ph34r:

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this is the transaction from 1st oct 2014 till today, i think got around 100 plus

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�https://www.squarefo...tial/non-landed

Edited by frenchfly, 29 November 2014 - 10:45 PM.

you mean thats alot? Dude , this number is what was happening in a week a year ago .

you mean thats alot? Dude , this number is what was happening in a week a year ago .

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but the date says 2014 oct. �oh i got what you mean now, but you say ask people show you receipt mah [laugh] � [laugh] � [laugh]

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Anyway �got 3 guy bought this damn �the number 8888888, chee bye like buy 4d like that

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17 NOV 2014 9 CENTENNIA SUITES 100 KIM SENG ROAD #XX-XX CONDOMINIUM FREEHOLD 2,260 STRATA 2,101 4,750,000

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14 NOV 2014 15 MEYER MELODIA 2B MEYER PLACE #XX-XX APARTMENT FREEHOLD 2,196 STRATA 2,226 4,888,888

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12 NOV 2014 10 GRANGE RESIDENCES 93 GRANGE ROAD #XX-XX CONDOMINIUM FREEHOLD 2,852 STRATA 2,612

7,450,000

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damn must �find out if got daughters or not�

Edited by frenchfly, 29 November 2014 - 10:53 PM.

you mean thats alot? Dude , this number is what was happening in a week a year ago .

He doesnt know mah......

Last two months are considered "good" months due to the drop in prices leading some demand back into the market.

He doesnt know mah......

Last two months are considered "good" months due to the drop in prices leading some demand back into the market.

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Self proclaim property expert talk nia , if so expert all sitting at one corner drinking kopi or out somewhere having fun liaoz.

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The multi millionaires i know all relac one corner waiting for things to happen , don't have anything also won't affect them since they have cash and gold.

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but the date says 2014 oct. �oh i got what you mean now, but you say ask people show you receipt mah � �
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Anyway �got 3 guy bought this damn �the number 8888888, chee bye like buy 4d like that
�
17 NOV 2014 9 CENTENNIA SUITES 100 KIM SENG ROAD #XX-XX CONDOMINIUM FREEHOLD 2,260 STRATA 2,101 4,750,000
�
�
14 NOV 2014 15 MEYER MELODIA 2B MEYER PLACE #XX-XX APARTMENT FREEHOLD 2,196 STRATA 2,226 4,888,888
�
� 12 NOV 2014 10 GRANGE RESIDENCES 93 GRANGE ROAD #XX-XX CONDOMINIUM FREEHOLD 2,852 STRATA 2,612
7,450,000
�
�
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damn must �find out if got daughters or not�

Talk until so long so much
So wheres your receipt?

Talk until so long so much
So wheres your receipt?

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i no money 1, � i just �curious that why go find out from square foot to see see cos from here i know about this website�

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monopoly house i have [laugh] ��but �just wondering why people got so much monies 1 [bigcry] , i dont even own a rolex�

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ok ok, better keep quiet from now on . later kana�

Edited by frenchfly, 29 November 2014 - 11:47 PM.

Tia kong the project by Kingsford (Hill View Peak) at Hill View Avenue damn jialuck...not many units moved since launched some time in 2013. Heard from friends less than 40% sold.

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Launched that time, 99 years leasehold shouting $1200 upwards. siow.

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Self proclaim property expert talk nia , if so expert all sitting at one corner drinking kopi or out somewhere having fun liaoz.
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The multi millionaires i know all relac one corner waiting for things to happen , don't have anything also won't affect them since they have cash and gold.

I hope one day i can relac one corner too.....

�
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i no money 1, � i just �curious that why go find out from square foot to see see cos from here i know about this website�
�
monopoly house i have ��but �just wondering why people got so much monies 1 , i dont even own a rolex�
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Alamak, ???you on paper talk soldier ah.....
Say so earlier mah, otherwise people will ??

By the way, Rolex is man in the street watch. Go kopitiam or wet market also have plenty.
It is for chorlang, like me. Hands rough rough from wiping.

Your hands koot koot not suitable forRolex.

Singapore's target population is 6.9 million

�

and the population now is 5.4 million

�

so there will be 1.5 million more people coming.

�

Average of 4 people to one home means we need

�

another 375,000 homes.

�

The people that have been saying a blood bath

�

is coming has been saying since 2009.

�

5 years later and what blood bath?

�

If all the people that said there is a blood bath coming

�

bought any property in 2009 they would be sitting on a

�

massive profit profit. If prices went up 100% since

�

2009 and came down 30% or 50%, you are stlll looking at a

�

50 to 70% profit.

�

�

Someone just gave me 5 dislike points.

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Must be the person that said in 2009

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- a blood bath is coming very soon.

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I just wished I borrowed a lot of money

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from him and promise to pay him back

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"very soon". 5 years later and he will still be waiting.

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Yeah very soon.

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Best is he doesn't have the testicular fortitude

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to openly attack me and need to do it anonymously.

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Haha thank you very much. This just prove he is not

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only totally wrong�but also a coward.

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Alamak, ???you on paper talk soldier ah.....
Say so earlier mah, otherwise people will ??

By the way, Rolex is man in the street watch. Go kopitiam or wet market also have plenty.
It is for chorlang, like me. Hands rough rough from wiping.

Your hands koot koot not suitable forRolex.

Sorry sorry, will work hard from now on and no more talk talk, maybe go marry a rich man daughter then become wealthy overnite. Hee hee hee

Edited by frenchfly, 30 November 2014 - 02:08 AM.

Sorry sorry, will work hard from now on and no more talk talk, maybe go marry a rich man daughter then become wealthy overnite. Hee hee hee

Well that is an option.....and i have personally seen some.....wahahahahah....

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Someone just gave me 5 dislike points.

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Must be the person that said in 2009

�

- a blood bath is coming very soon.

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I just wished I borrowed a lot of money

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from him and promise to pay him back

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"very soon". 5 years later and he will still be waiting.

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Yeah very soon.

�

Best is he doesn't have the testicular fortitude

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to openly attack me and need to do it anonymously.

�

Haha thank you very much. This just prove he is not

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only totally wrong�but also a coward.

�

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Say name la scared what , kana yellow card won't die one , i also kana before . Twice for the same report somemore.
�

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Say name la scared what , kana yellow card won't die one , i also kana before . Twice for the same report somemore.
�

...you failed your comprehension?

[laugh]

...you failed your comprehension?

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what is that?� can eat?

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Say name la scared what , kana yellow card won't die one , i also kana before . Twice for the same report somemore.
�

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Haha �yah lah, want to criticise people do it openly lah.

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The person scared so they did it anonymously.

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I think the person not scared of yellow card,

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they didn't want to post cos they know I will

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rebut point for point and they will just look silly.

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Since they cannot debate they can only press dislike.

�

� �

Jamesc

Funny, who's talking in reference to 2009. Move on lah.
Lest you didnt know, the bloodbath came and went all too quickly in 2009.
Fortunately or unfortunately.

But becos the physical property market does not have a reaction time like a stock market, many idoits were spared back then. This time the slow but sure downward movement will kill if it continues.

Secondly, once an asset changes hands the pricing no longer stays static.

Otherwise base on your "theory" nobody will lose money in the stock market after 2009 simply becos stock prices were at its lowest then....

Dont know whether to laugh or cry when i read your serious posts.

Lastly, put your money where your mouth is, go buy a property now. Why wait?

Jamesc will rebut meh? I still waiting. wait and wait and direct post to jamesc, but all i get is bullcrap dead stats repeated by property agents since the ice age.

The worse one is jamesc referencing of 2009 ( low point) AS IF everyone bought at low prices and between 2010 to now, nobody bought at high prices. And according to Jamesc, even if the market does come off, nobody will be hurt becos in Jamesc theory, everybody would still be up since 2009.

Jamesc you naive of what?

most cannot say for sure

�

but some can

�

cos right after they sell, they know the market will tank�

�

no way ba... who can�guarantee will always sell at peak buy at trough?

�

esp now.... �got so many different school of thoughts... ????? ??????��

�

no way ba... who can�guarantee will always sell at peak buy at trough?

�

esp now.... �got so many different school of thoughts... ????? ??????��

�

haha

�

all these�?? �just cheap talk only.. we can only trust those who dare to buy and sell. In other words, poor people better dun voice your cheap opinions � [lipsrsealed] �

No matter which side ur on, we all won't know till the time comes. stop arguing and sarcasm, just share news and some facts so ppl who visit this thread can make a informed decision.�

�

May odds forever in my favor ��

eh.. .maybe you can take the lead... by showing your S&P first?
�
Otherwise, also talk only leh... so low level......
�

By virtue of "talk only" it means no action taken. It doesnt mean talking about the action taken.
Again, you and your friends need to get the context right.
Or else the discussion remains at your level - low.

If you hv integrity and you say you buy, i can accept that as good.
I sold in mid 2013 and no longer hold any investment property.
Dont believe thats your problem. But i said it already.

So did you buy?
If you did, admit it.
Then at least you are deemed to hv put your money where your mouth is.
I can respect that.

Instead of coming in here and talk high and low but actually no action in the end.
So if you choose to continue to take words and perspectives out of context, then no point debating any further.

I bought my place at 2010 price :)

Well done

what is 2010 price?
i want 2009 lehman collapse price, can?

what is 2010 price?
i want 2009 lehman collapse price, can?

�

I want 1997/1998 price, can

�

Better not lah, if not everyone will suffer and cry.. don't want my happiness built on someone's misfortune...

Really hope prices don't drop drastically, maybe another 5-10% correction will do..

Everyone happy, isn't that good ? :)

I want 1970 price...

Wah lau, you all ah.......

�
haha
�
�
all these�?? �just cheap talk only.. we can only trust those who dare to buy and sell. In other words, poor people better dun voice your cheap opinions � �

Ha ha ha .. this I really dun understand.. Every 3 posts, he will tell ppl that he sells his place at the peak. Every 5 posts he will tell ppl put $ at the mouth... If he think we are to lowly here. .then get the f out of here.. btw , he only appear in watch , pty and posh car threads to haolian.

Every member which reads these threads knows he could the basic luxury. cos he advertise every few posts on what he has . ha ha
from 2013...talk until end of 2014 .. sibei chang hei

anyway.. never know.. maybe he dun have holding power. so scare go down too much sell fast fast...

**** car depreciate fast and lose money.. but i buy.. cos I have $$ to burn ****

Edited by ShepherdPie, 01 December 2014 - 08:45 PM.

Ha ha ha .. this I really dun understand.. Every 3 posts, he will tell ppl that he sells his place at the peak. Every 5 posts he will tell ppl put $ at the mouth... If he think we are to lowly here. .then get the f out of here.. btw , he only appear in watch , pty and posh car threads to haolian.

Every member which reads these threads knows he could the basic luxury. cos he advertise every few posts on what he has . ha ha
from 2013...talk until end of 2014 .. sibei chang hei

anyway.. never know.. maybe he dun have holding power. so scare go down too much sell fast fast...

**** car depreciate fast and lose money.. but i buy.. cos I have $$ to burn ****

Sadly, same as so many of the same kind before you, nothing more to say, start to say people haolian and bring in everything else that is irrelevant to the discussion. Well done, well done.

I read read read read and read... So can buy already or not?

�

My 0.02$

�

1. If one is selling and buying at the same time, does not matter. This can be done anytime

2. The general projection for downward trend is up to Dec 2016 at the rate of 1% per Q. So, property value can go down by 8%. After 2016 Q4, how fast it will go up is very difficult to project. Assuming the best case of full recovery in 2018 and to avoid ASSD, if the buyer can hold till 2018Q4, definitely worth.

�

If any buyer does not fall in the above 2 categories, wish you best of LUCK!�

Some may say its better to wait .

�

But if the affordability is there, why wait? Until the days comes when you finally wants to enter the market, the preferred units would probably be sold and left with those without views. Want to buy then also sian....

�

Your choice , your money, your decision.

I read read read read and read... So can buy already or not?

�

All up to individual lah

�

Got spare $, buy lor :)

Got enough $, better�hold for rainy days :)

Got not enough $, then come in here and envy others... just like what I am doing now lor

�

1. If one is selling and buying at the same time, does not matter. This can be done anytime

�

�

actually bro... i disagree on this... it depends specifically if its HDB vs condo...�

�

for eg.. 2006 ... HDB vs condo price difference is abt 100~200k only (same area)�

� � � � � � �2014 ...�HDB vs condo �price �difference �is abt �400~500k �now (same area)

�

its a 2 tier mkt... �if u upgrading... �you want 2006 type price... �

� � � � � � � � � � � �... � if u right-sizing... now is the time

�

*specifically talking abt CCK area.. from personal experience [:)] ��

�

actually bro... i disagree on this... it depends specifically if its HDB vs condo...�

�

for eg.. 2006 ... HDB vs condo price difference is abt 100~200k only (same area)�

� � � � � � �2014 ...�HDB vs condo �price �difference �is abt �400~500k �now (same area)

�

its a 2 tier mkt... �if u upgrading... �you want 2006 type price... �

� � � � � � � � � � � �... � if u right-sizing... now is the time

�

*specifically talking abt CCK area.. from personal experience ��

�

Yup agree. If upgrading still can wait for market to soften. If downgrading then can maybe start to action now.

Traditionally, HDB to Condo is nice when Property market is at low (probably at the lowest). But, are we going to see the market going down to 2006 levels? I do not think so. Not even to 2009 levels. Assuming this reasonably, the difference between HDB and Condo is going to stay more or less at this level anytime in the near future.

�

By principle, I do not like to sell HDB and buy a condo!

�

�

actually bro... i disagree on this... it depends specifically if its HDB vs condo...�

�

for eg.. 2006 ... HDB vs condo price difference is abt 100~200k only (same area)�

� � � � � � �2014 ...�HDB vs condo �price �difference �is abt �400~500k �now (same area)

�

its a 2 tier mkt... �if u upgrading... �you want 2006 type price... �

� � � � � � � � � � � �... � if u right-sizing... now is the time

�

*specifically talking abt CCK area.. from personal experience ��

�

�

My 0.02$

�

1. If one is selling and buying at the same time, does not matter. This can be done anytime

�

This will surely make 2 parties happy...

1. The agent.

2. The goverment.

�

... oh I forgot... the lawyer will be happy too.

can elaborate why right-sizing is good time for cck area?

�
actually bro... i disagree on this... it depends specifically if its HDB vs condo...�
�
for eg.. 2006 ... HDB vs condo price difference is abt 100~200k only (same area)�
� � � � � � �2014 ...�HDB vs condo �price �difference �is abt �400~500k �now (same area)
�
its a 2 tier mkt... �if u upgrading... �you want 2006 type price... �
� � � � � � � � � � � �... � if u right-sizing... now is the time
�
*specifically talking abt CCK area.. from personal experience ��

At least money is rotated mah!

This will surely make 2 parties happy...

1. The agent.

2. The goverment.

�

�

... oh I forgot... the lawyer will be happy too.

�

can elaborate why right-sizing is good time for cck area?
�

�

its a form of intercommodity spread trade...�

�

proviso you have an condo under your name now bro... �

�

well its the same theory as when you less cash... u go for normal rice... �

when you have more cash... you go for ???...

�

so literally.. when general economy is charging.. condo (premium/luxury) prices will go up higher due to stronger(buyers relative wealth) demand ... hence the HDB vs Condo price difference will increase..�

�

conversely... when general mkt is tanking.. condo prices will collapse MORE.. becoz its considered a luxury good and people who STILL need a house.. will change to a HDB.. ie.. HDB demand lowers but technically remain.. condo demand drops.

�

of course i do agree that if the comparison is between hdb vs hdb or condo vs condo there is negligible difference... factors for that wld be things like location.. but the same overall principles apply..�

�

charging mkt... �general consensus go for the most expensive category�

dropping mkt... �general consensus go for the cheapest category that does the same job

Edited by SuPerBoRed, 16 December 2014 - 10:55 AM.

300 over square feet upwards. And that could come up to a very affordable pricing of below $500,000.

Ho mai dog!
�

Assuming this reasonably, the difference between HDB and Condo is going to stay more or less at this level anytime in the near future.

�

as i said in earlier posts bro... everyone's definition of time is a relative thing... �

�

all i know is that borrowing costs for HDB owners is essentially capped at 2.5%.

for condo owners... at the mercy of banks...

�

when will the rates change? no one knows... can go up? of cus! can go down? of cus!

�

juz purely talking abt the risks involved here bro... personally i do think the downside risks are definitely higher.... �

�

one thing i know for sure is there is nothing for sure thats absolute... maybe im too risk adverse now... who knows?�

Jamesc will rebut meh? I still waiting. wait and wait and direct post to jamesc, but all i get is bullcrap dead stats repeated by property agents since the ice age.

The worse one is jamesc referencing of 2009 ( low point) AS IF everyone bought at low prices and between 2010 to now, nobody bought at high prices. And according to Jamesc, even if the market does come off, nobody will be hurt becos in Jamesc theory, everybody would still be up since 2009.

Jamesc you naive of what?

Lets not even talk about where the market goes.
The fact that you choose to pick a lowest point reference and calculate everything in comparison to it shows what a fool you are in real financial terms.

Why not you pick high reference point and then say the direct opposite? Muayhahhaha

I know you kwa suay me so got no guts to rebut....

Let me go cry in silence now...booohooohhooo

�

Just when I thought you hit the bottom of the barrel.. tsk tsk.

�

Can you get any more childish than this?

�

What's the point of being wealthy if you're so�perpetually insecure? Just wondering :)

�

�

To me , it is not wise for the garmen considering opening the flood gates but instead focusing on family planning , for instance offering free education to the 3rd and 4th child and probably nothing for the next few based on the same mother, in this way it improves the chances of people thinking of having the 3rd and 4th yet worry about their future.

�

�

Just curious, why same mother but not same father?

Was browsing through the thread and found your prophecy.� [wave] When can buy Potong Pasir freehold for $700 psf ?

�

8XXpsf for Potong Pasir is still too expensive in my opinion.
Should be no more than $700psf for freehold in Potong Pasir.
Watch the price, it will come off......

Base on past cycles, it will take at least 5 yrs for a turnaround in the property market.

Feel sorry for those folks who got caught in 97-98, until last year's peak still cannot breakeven. Yet last year got so many people blindly jump in.

I guess people who never kena hit never learn their lesson from others who did.
I target some older developments in River Valley to hit below $1000psf.
I might buy again when it is below $800psf.

�

actually hor...

�

1 camp say will go up, 1 camp say will go down.... both also will happen and will continue to happen so both will always be right..... then both camps will take turns to laugh at each other... lol

�

side note, why no one say to renovate their place ar....... now good�time to make your home a better place..

�

Just curious, why same mother but not same father?

Mother can 100% sure the child is hers.

Father... can only believe.... [laugh]

Mother can 100% sure the child is hers.

Father... can only believe....

�

can do DNA mah....

�

can do DNA mah....

... DNA is also believe mah...

... DNA is also believe mah...

Like that jialat leh... how about free education for all kids... haha

�

Just curious, why same mother but not same father?

�

Mother one YEAR at most produce one kid maybe over 10 years, father (some!) alone can produce 3-4 everyday over 30-40 years.� How is the government going to subsidise some many mah?

�

Mother one YEAR at most produce one kid maybe over 10 years, father (some!) alone can produce 3-4 everyday over 30-40 years.� How is the government going to subsidise some many mah?

�

but this will cure the aging population problem.... not good meh?

�

3-4 everyday... sniper meh?

�

at most also 1m babies a year regardless of how many guys there are.... assuming 18-40 age ladies is 1m...

�

then 6.9m very fast hit... no good meh?

I read read read read and read... So can buy already or not?

Get ready to buy. But don't buy, yet.

�

http://sbr.com.sg/re...-investors-told

Oil price lau sai until like that...global economy really so jialat?

�

Just curious, why same mother but not same father?

�

Dude can the father give birth to babies? I don't even remember how many girls i f**ked in my life , less to say how many kids i might have created.
�

Was browsing through the thread and found your prophecy.� When can buy Potong Pasir freehold for $700 psf ?

�

�

�

talk is cheap lah

�

if river valley is now $1,200 psf, sure jump in...� [laugh]

�
Dude can the father give birth to babies? I don't even remember how many girls i f**ked in my life , less to say how many kids i might have created.
�

So the kid do not get free education because of that?

I think times has changed... women also play around liao...

No wonder women's charter is still around

And how many illegitimate child did you have?

I read read read read and read... So can buy already or not?

Depends on whether you can wait or not......

Also depends on what you are buying...

So the kid do not get free education because of that?

I think times has changed... women also play around liao...

No wonder women's charter is still around

�

Dude , woman play around , they get it when they are caught with a kid , usually kids stick to their moms. So what is there to lose for a guy except money ? If one knows how to plan ahead , the girl cannot even get a cent from you in singapore so what is there to worry. Woman's charter is only applicable in singapore. I put my money in vietnam , or cambodia , tell her go there and check lor.

�
Just when I thought you hit the bottom of the barrel.. tsk tsk.
�
Can you get any more childish than this?
�
What's the point of being wealthy if you're so�perpetually insecure? Just wondering :)

Becos am not wealthy so i very insecure lah.
Whats your story?

�
Dude , woman play around , they get it when they are caught with a kid , usually kids stick to their moms. So what is there to lose for a guy except money ? If one knows how to plan ahead , the girl cannot even get a cent from you in singapore so what is there to worry. Woman's charter is only applicable in singapore. I put my money in vietnam , or cambodia , tell her go there and check lor.

Dalat? Haha... not singaporean no free education... so you can have many in vietnam or cambodia if you want...lol

What makes you think I don't Haha Haha, em gai nhieu nhieu, plenty of Vietnamese brides in singapore you think marry those man for love? Obviously going for money and Vietnam is its deepest depression yet with foreigner investment reducing and going to places like Cambodia and Myanmar.

The only exports they can do is their young pop of females which out numbers the guys , don't ask me why.

By the way if father is sg, son auto sg, why no free education? Our seed v exp one.only our woman think they have golden pussies.

Edited by CH_CO, 16 December 2014 - 11:50 PM.

What makes you think I don't Haha Haha, em gai nhieu nhieu, plenty of Vietnamese brides in singapore you think marry those man for love? Obviously going for money and Vietnam is its deepest depression yet with foreigner investment reducing and going to places like Cambodia and Myanmar.

The only exports they can do is their young pop of females which out numbers the guys , don't ask me why.

By the way if father is sg, son auto sg, why no free education? Our seed v exp one.only our woman think they have golden pussies.

�

ok mah.. if child is born here or live here... free education is ok...

�

if child is in other coutries no free education mah....

�

as to how our women think...... sometimes it is because how man make them feel.... take 2 hands to clap

�

ok mah.. if child is born here or live here... free education is ok...

�

if child is in other coutries no free education mah....

�

as to how our women think...... sometimes it is because how man make them feel.... take 2 hands to clap

�

Thats why i say , the singaporean young man here are domesticated. Full of self contridiction. The slightly older women , know their worth.

�

Thats why i say , the singaporean young man here are domesticated. Full of self contridiction. The slightly older women , know their worth.

�

but i still don't understand y free education given based on mother and not father or both lol

�

nah... not all singaporean young man

Was browsing through the thread and found your prophecy.� When can buy Potong Pasir freehold for $700 psf ?

�

�

�

Haha if you can find��Potong Pasir freehold for $700 psf

�

please let me know I also want to buy.

�

If�I find�geyland�freehold for $700 psf

�

I will be very happy already no need Potong Pasir.

�

Anyway some one said it will happen and he sounds very confident.

�

He also say River Valley will be below 800 psf

�

and I waiting to see if that happens too.

�

However I am not very hopeful and I am not holding my breath.

�

Was browsing through the thread and found your prophecy.� When can buy Potong Pasir freehold for $700 psf ?
�
�

Dont be stupid lah. Why dont you pull out a picture of me in OCS and say that i am still serving the army? Wah lau eh..

In 2009, i already changed my stance and view and hunted for a property.
in early 2010, i already bought another investment prperty.

Please read up on the other posts instead of zeroing to one point in time to troll me ok?

Damn it, its already twice i have to say this in a matter of weeks, am i so really popular?

Wahahahahahahah

Note: i am not afraid to be wrong and there are many times, i have admitted and even apologised.
But please at least get your facts right lah....

mycarforum

Thứ Sáu, 23 tháng 12, 2016

Private property prices... Up or Down? part 3

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