Thứ Tư, 4 tháng 1, 2017

Rupiah/Rupee at risk, SG/HK risk property bubble part 38

  • 11 November 2014 - 10:12 AM
    Thaiyotakamli


    jurong -5%... lakelife almost sold out... i dont see any problems there... NOT!! lolz

    i suspect sentosa rent has dropped 10-20% thats why no data there coz dun wanna kachau the elite FTs there


    Maybe more for sentosa haha


    Those buying jurong are looking for capital appreciation and own stay
  • 11 November 2014 - 10:16 AM
    Duckduck

    Those buying jurong are looking for capital appreciation and own stay

    capital will only appreciate if 1. rentals increase for fundamental support or� 2. garmen do deferred payment & hotting measures...

    so far neither of those are here so good luck to buyers lolz


  • 11 November 2014 - 10:22 AM
    Enye

    1st post of this thread more than 1 year ago say QE tapering will crash the various markets like no tomorrow

    and yet today QE stopped liao but S&P reaching all time highs and we are discussing about -5 to 10% drop in prices only

    um so what happened? any experts?

    :D


  • 11 November 2014 - 10:29 AM
    frenchfly
    Many rich men here, half of forbes list are here
  • 11 November 2014 - 10:31 AM
    Duckduck

    1st post of this thread more than 1 year ago say QE tapering will crash the various markets like no tomorrow

    and yet today QE stopped liao but S&P reaching all time highs and we are discussing about -5 to 10% drop in prices only

    um so what happened? any experts?

    :D

    the properties im interested in have dropped more than 10% FYI... also in 2008-2009 crisis, prices dropped max abt 20-25%...

    property must buy along the dips as in the long run it goes up so this current rental problem is good time to lowball sellers.


  • 11 November 2014 - 10:58 AM
    Thaiyotakamli

    capital will only appreciate if 1. rentals increase for fundamental support or� 2. garmen do deferred payment & hotting measures...

    so far neither of those are here so good luck to buyers lolz

    lol new cbd, sure more offices and work place in future thus higher demand in rental when JLD realized :D


  • 11 November 2014 - 10:59 AM
    Thaiyotakamli

    Many rich men here, half of forbes list are here

    and another half almost making it into haha


  • 11 November 2014 - 11:22 AM
    Myxilplix

    19 looks like WP territory, not bad for slums!


  • 11 November 2014 - 12:06 PM
    Sabian

    1st post of this thread more than 1 year ago say QE tapering will crash the various markets like no tomorrow

    and yet today QE stopped liao but S&P reaching all time highs and we are discussing about -5 to 10% drop in prices only

    um so what happened? any experts?

    :D

    Must be not everybody read the 1st post.


  • 12 November 2014 - 01:13 PM
    Wt_know
    What QE? lol ....

    Edited by Wt_know, 12 November 2014 - 01:21 PM.

  • 12 November 2014 - 03:03 PM
    Duckduck

    What QE? lol ....

    QE hasnt stopped, BOJ took over mah thats stocks jumped at the end of US QE...

    http://www.forbes.co...-qe-experiment/


  • 12 November 2014 - 04:19 PM
    frenchfly

    so after BOJ, next comes EU's QE

    then it will be US time again for QE.

    whose thinking of swimming in monies for the next 10 years :ph34r:

    [:p]:D


    Edited by frenchfly, 12 November 2014 - 04:20 PM.

  • 12 November 2014 - 04:27 PM
    Kusje

    Why Bishan and AMK so much higher?


  • 12 November 2014 - 06:03 PM
    Bacteria83

    Why Bishan and AMK so much higher?


    Bishan and amk (matured town as well) is really the most central part of SG, although there are not that particular close to CBD.

    The traveling to each part of SG from bishan or amk via public transport is really faster especially after inclusion of circle line.
  • 13 November 2014 - 02:09 PM
    Wt_know

    but for driver CTE fk up big time !

    pay so high $$$ for property but kena screwed by CTE day & night ...

    pay ERP and still kena jam (double slapped)

    Bishan and amk (matured town as well) is really the most central part of SG, although there are not that particular close to CBD.

    The traveling to each part of SG from bishan or amk via public transport is really faster especially after inclusion of circle line.


    Edited by Wt_know, 13 November 2014 - 02:11 PM.

  • 13 November 2014 - 02:12 PM
    Lala81

    but for driver CTE fk up big time !

    pay so high $$$ for property but kena screwed by CTE day & night ...

    pay ERP and still kena jam (double slapped)

    Blame Singapore drivers lor. Dunno why they like to get into accident so much ...

    I try to avoid taking the CTE even though it's by far the fastest way to get to town.


    Edited by Lala81, 13 November 2014 - 02:12 PM.

  • 13 November 2014 - 02:15 PM
    Enye

    but for driver CTE fk up big time !

    pay so high $$$ for property but kena screwed by CTE day & night ...

    pay ERP and still kena jam (double slapped)

    CTE jammed meh

    my sbs bus travels around 8am on cte towards city everyday

    except for the occasional accident, journey is very smooth�

    evening peak i dunno because i take mrt

    :D


  • 13 November 2014 - 02:15 PM
    Wt_know

    muahahahaha ... is like asking HDB to be listed in SGX ... "single master land developer"

    next LTA should also sell car since they test car 130bhp ...

    HDB & LTA ... 2 hottest stocks in SGX ... huat ah!!!

    Attached Thumbnails

    • 2014-11-13_140202.jpg

    Edited by Wt_know, 13 November 2014 - 02:20 PM.

  • 13 November 2014 - 02:29 PM
    Throttle2
    Wah...... Now then say?

    Attached Thumbnails

    • image.jpg

  • 13 November 2014 - 03:15 PM
    frenchfly

    http://www.straitsti...-help-improve-c

    will this means asean citizens�have the freedom to work and live anywhere??�

    does it mean anyone can come here and apply job??? [bigcry] shall we be afraid


    Edited by frenchfly, 13 November 2014 - 03:17 PM.

  • 13 November 2014 - 04:30 PM
    Throttle2

    http://www.straitsti...-help-improve-c

    will this means asean citizens�have the freedom to work and live anywhere??�

    does it mean anyone can come here and apply job??? [bigcry] shall we be afraid


    Answer: No, No, and No.
  • 13 November 2014 - 08:55 PM
    Wt_know

    oversupply ... huat ah!!!

    Attached Thumbnails

    • 2014-11-13_205500.png

    Edited by Wt_know, 13 November 2014 - 08:55 PM.

  • 13 November 2014 - 10:20 PM
    Throttle2

    oversupply ... huat ah!!!


    So nothing has changed since i last pointed out the beginning of the drop as early as mid 2013.......

    Direction clearly downward
    Velocity and degree of the drop getting seemingly higher each day.....
  • 14 November 2014 - 01:57 PM
    Mockngbrd

    was just googling around and found this thread from '09
    hindsight1.jpg

    http://www.renotalk....uy-now-or-wait/


  • 14 November 2014 - 02:04 PM
    CH_CO

    So nothing has changed since i last pointed out the beginning of the drop as early as mid 2013.......

    Direction clearly downward
    Velocity and degree of the drop getting seemingly higher each day.....

    Christmas coming , let it snow let is snow let is snow.


  • 14 November 2014 - 05:25 PM
    Throttle2


    Christmas coming , let it snow let is snow let is snow.


    I want to see a blizzard! Wahahaha
  • 15 November 2014 - 11:05 AM
    Jp66

    Yishun $1500 psf�

    HUAT HA! HUAT AH! HUAT AH!� [bounce1]

    http://www.propertyg...park-residences

    http://www.propertyg...park-residences


    Edited by Jp66, 15 November 2014 - 11:06 AM.

  • 15 November 2014 - 12:15 PM
    Hosaybo
    Wa....i rather pay that amt and stay hdb there.big big for that price not like this mouse hole
  • 15 November 2014 - 12:15 PM
    Throttle2

    Yishun $1500 psf�

    HUAT HA! HUAT AH! HUAT AH!� [bounce1]

    http://www.propertyg...park-residences

    http://www.propertyg...park-residences


    Please lah , for mickey mouse unit only

    400sf selling $600k is still a fairly easy sell to dumb investors.
    But even so nowadays even the dumb are getting a bit smarter.
    Tens of thousands of units coming out.

    You not scared. I scared....

    HDB HDB HDB is the best!
    Muayhahahah.
  • 15 November 2014 - 12:20 PM
    Jp66

    sorry hor! this one 1098 sqft ok.� [;)]

    http://www.propertyg...park-residences

    Please lah , for mickey mouse unit only

    400sf selling $600k is still a fairly easy sell to dumb investors.
    But even so nowadays even the dumb are getting a bit smarter.
    Tens of thousands of units coming out.

    You not scared. I scared....

    HDB HDB HDB is the best!
    Muayhahahah.


    Edited by Jp66, 15 November 2014 - 12:21 PM.

  • 15 November 2014 - 12:52 PM
    Mockngbrd
    Wow who's buying sia? Good deal le!
  • 15 November 2014 - 01:44 PM
    Throttle2

    sorry hor! this one 1098 sqft ok.� [;)]

    http://www.propertyg...park-residences

    No need to sorry hor, as mentioned my Porsche 911 i am asking for $675k.
    My Used table cloth, i am asking for $8450.

    Any stupid buyers? Lai leh! Wahahahahaha.

    Sorry hor

    Heeeeeee

    Wow who's buying sia? Good deal le!


    Maybe jp66?

    Congrats to him !

    Edited by Throttle2, 15 November 2014 - 01:43 PM.

  • 15 November 2014 - 01:45 PM
    Spring

    Yishun $1500 psf�

    HUAT HA! HUAT AH! HUAT AH!� [bounce1]

    http://www.propertyg...park-residences

    http://www.propertyg...park-residences



    This development should rival Jurong Gateway in the sense that it's a mixed development right smack in the middle of a popular housing estate and with MRT at the door step. I suppose with govt promoting Jurong, that one slightly more expensive. That said I'm not too convinced personally at this price but then again I have a bad track record as far as predicting housing price are concerned haha!

    You have been tipped! Friends who go against my predictions have prospered handsomely!!!
  • 15 November 2014 - 01:53 PM
    Throttle2
    More truthful news
    Dleedon still for sale from developer after several years from launch.

    Attached Thumbnails

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    • image.jpg

  • 15 November 2014 - 02:05 PM
    Throttle2
    Why buy yishun when farrer rd can be had for less than $1500psf?

    And dont bother looking at the inflated caveated prices. Real trasacted prices are easily 15-20% cheaper after all the developer discounts subsidies and vouchers.

    I think the property market needs more regulation.
    Really Orh-Arhm (black and dark)
  • 15 November 2014 - 02:21 PM
    Jp66

    thank you for seeing me so up! I think only stupid one will buy. Oops� [lipsrsealed]

    No need to sorry hor, as mentioned my Porsche 911 i am asking for $675k.
    My Used table cloth, i am asking for $8450.

    Any stupid buyers? Lai leh! Wahahahahaha.

    Sorry hor

    Heeeeeee

    Maybe jp66?

    Congrats to him !


  • 15 November 2014 - 02:35 PM
    Throttle2
    Ooops weakening demand in luxury segment, cant sell no choice have to rent out.

    Attached Thumbnails

    • image.jpg

  • 15 November 2014 - 02:59 PM
    Wt_know
    developer like car dealer ... pulling out all their tricks from the sleazy sleeve not to show the real price

    Why buy yishun when farrer rd can be had for less than $1500psf?

    And dont bother looking at the inflated caveated prices. Real trasacted prices are easily 15-20% cheaper after all the developer discounts subsidies and vouchers.

    I think the property market needs more regulation.
    Really Orh-Arhm (black and dark)


  • 15 November 2014 - 03:32 PM
    Throttle2

    This development should rival Jurong Gateway in the sense that it's a mixed development right smack in the middle of a popular housing estate and with MRT at the door step. I suppose with govt promoting Jurong, that one slightly more expensive. That said I'm not too convinced personally at this price but then again I have a bad track record as far as predicting housing price are concerned haha!

    You have been tipped! Friends who go against my predictions have prospered handsomely!!!

    Dont worry my track record not bad since 1999

    developer like car dealer ... pulling out all their tricks from the sleazy sleeve not to show the real price

    Yup, and the situation is like having 3 times the number of coes available every month for the next 3.yrs....and every car dealer is overstocked. Dont drop also cannot

    Muayhahahahah

    Edited by Throttle2, 15 November 2014 - 03:33 PM.

  • 15 November 2014 - 04:31 PM
    CH_CO

    Who cares haha , i am siting on my cash and count while i wait for all asset prices to drop.

    Time to buy some gold , haha maybe can learn from durai , get golden tap.


  • 15 November 2014 - 06:44 PM
    Throttle2
    Gold Rolex OK....

    Gold?
    Mai lah.
    I scared USD strengthen, Gold drop below production levels. It is after all largely perceived value....


    Should i buy another $200k - $300k of dividend stocks first? Any thing else to share beside Hutchison Port?
  • 15 November 2014 - 06:54 PM
    Bacteria83

    TV news just reported 98 units being force auction by bank this yr compared to 17 units (can't remember the exact no.) last yr.


  • 15 November 2014 - 07:14 PM
    CH_CO
    I warned since last year Haha see how much more forclosures there is to come , I am expecting more than 4 digits come crisis, where the fk did the opera singer go?

    Gold Rolex OK....

    Gold?
    Mai lah.
    I scared USD strengthen, Gold drop below production levels. It is after all largely perceived value....


    Should i buy another $200k - $300k of dividend stocks first? Any thing else to share beside Hutchison Port?


    I won't buy anything at the moment, I rather keep a lot of put options in case it becomes crazy.

    So rich can buy 200-300k stock, I cannot afford. To me I rather keep gold, cash and maybe abit of bit coins

    Edited by CH_CO, 15 November 2014 - 07:12 PM.

  • 15 November 2014 - 09:02 PM
    Throttle2

    TV news just reported 98 units being force auction by bank this yr compared to 17 units (can't remember the exact no.) last yr.


    Damn it , only 98?
    I was hoping 980.....
  • 15 November 2014 - 09:03 PM
    Throttle2

    I warned since last year Haha see how much more forclosures there is to come , I am expecting more than 4 digits come crisis, where the fk did the opera singer go?

    I won't buy anything at the moment, I rather keep a lot of put options in case it becomes crazy.

    So rich can buy 200-300k stock, I cannot afford. To me I rather keep gold, cash and maybe abit of bit coins

    Rich? No lah, $200-300k is nothing in MCF, i thought we already established that long ago.

    The really richs ones keep quiet....you know who lah..
    I am just a toa pow sian.
    On paper talk soldier niah....whahahaha

    Edited by Throttle2, 15 November 2014 - 09:04 PM.

  • 15 November 2014 - 10:09 PM
    Jp66

    look from other angle. it is 5 times more than last year. :D

    Damn it , only 98?
    I was hoping 980.....


  • 15 November 2014 - 10:46 PM
    Ttl1976

    look from other angle. it is 5 times more than last year. :D


    Next yr will be 5 times more than tbis yr.
    :)
  • 16 November 2014 - 08:45 AM
    Cavver

    Rich? No lah, $200-300k is nothing in MCF, i thought we already established that long ago.

    The really richs ones keep quiet....you know who lah..
    I am just a toa pow sian.
    On paper talk soldier niah....whahahaha


    But sir, from economists point of view, any money not spent doesn't belong to you. =p

    Edited by Cavver, 16 November 2014 - 08:46 AM.

  • 16 November 2014 - 11:38 AM
    Voodooman

    But sir, from economists point of view, any money not spent doesn't belong to you. =p


    My English is getting frombad to worse but how can money spent still be mine?
  • 16 November 2014 - 11:41 AM
    Enye

    Gold Rolex OK....

    Gold?
    Mai lah.
    I scared USD strengthen, Gold drop below production levels. It is after all largely perceived value....


    Should i buy another $200k - $300k of dividend stocks first? Any thing else to share beside Hutchison Port?


    S&P 500?
  • 17 November 2014 - 03:59 PM
    Toothiewabbit

    More high-end homeowners default payments

    https://sg.finance.y...39--sector.html

    I thot these folks pay full cash one leh [confused]


  • 17 November 2014 - 04:10 PM
    Bacteria83

    More high-end homeowners default payments


    https://sg.finance.y...39--sector.html


    I thot these folks pay full cash one leh [confused]

    This people make a big mistake, they never join MCF to read throttle advice.

    Edited by Bacteria83, 17 November 2014 - 04:16 PM.

  • 17 November 2014 - 04:34 PM
    Mockngbrd

    http://www.straitsti...re-ura-20141117

    huat ah huah ah!!!! dun spread fear!!!!!!

    giphy.gif

    SINGAPORE - Home buyers picked up 765 private condo units last month, as developers rolled out new property launches and discounts at older developments.

    This was a 18 per cent jump over September's 648 units, data from the Urban Redevelopment Authority showed on Monday.

    The estimates came on the heels of a dismal quarter of sales for the three months to Sept 30, during which developers shifted just 1,596 condo units - the lowest quarterly figure since just 419 units were sold in the fourth quarter of 2008.

    Rules that restrict the size of a mortgage implemented in June last year have weighed on buying sentiments, causing the market to be a pale shadow of itself just 18 months ago, when quarterly sales averaged about 5,000 units.

    Compared to the same month a year ago, October's sales fell 30.7 per cent.

    Buying in the city centre areas underpinned October's performance, with half the units sold in the central region.

    Projects in the suburbs moved 261 units - or 34 per cent - of all homes sold, while developers sold 123 units - the remaining 16 per cent - in the city-fringe areas.

    The top seller was the massive integrated development in the Marina Bay precinct, Marina One Residences, where 334 of its 1,042 units were snapped up at a median price of $2,228 per sq ft (psf), after its developer M+S announced that early buyers would be given a 10 per cent discount, bringing prices down to between $1,960 and $3,100 per sq ft (psf).

    Older projects that were launched earlier this year drew buyers as well. City Development's Coco Palms in Pasir Ris came in second with 34 units that were sold at a median price of $1,039 psf, bringing the total sales tally at the 944-unit condo to 725 units.

    At Lakeville, a project in the Lakeside area, its developer MCL Land sold 32 units at a median price of $1,340 psf. So far, 321 of its 696 units have been sold.

    Including executive condos, which are a hybrid of public and private housing, 855 units were sold last month - a 21 per cent rise from September's figure.

    - See more at: http://www.straitsti...h.80zZGiHw.dpuf


    Edited by Mockngbrd, 17 November 2014 - 04:34 PM.

  • 17 November 2014 - 07:33 PM
    Wt_know

    T2 ... pecah lobang liao ... more people are buying city centre ...

    Buying in the city centre areas underpinned October's performance, with half the units sold in the central region.

    lakeville ... no $1300psf no talk ... steady poon pi pi [thumbsup]

    At Lakeville, a project in the Lakeside area, its developer MCL Land sold 32 units at a median price of $1,340 psf. So far, 321 of its 696 units have been sold.

    developer had a good run for october ... laughing to the bank ... huat ah!


    Edited by Wt_know, 17 November 2014 - 07:37 PM.

  • 17 November 2014 - 07:37 PM
    Owner-driver

    Screenshot%20-%2030_8_2013%20,%2012_16_2

    I wonder who started the idea of building for Winter, with out Tropical climate here.


  • 17 November 2014 - 09:06 PM
    Throttle2

    T2 ... pecah lobang liao ... more people are buying city centre ...


    lakeville ... no $1300psf no talk ... steady poon pi pi [thumbsup]


    developer had a good run for october ... laughing to the bank ... huat ah!


    Long way to go, as mentioned there will always to real demand and at lowered prices, these will come in.
    But the supply is way way beyond actual demand, without investment appetite to jiak, the buffet spread will confirmed be leftover to rot...

    Good luck investors.....
  • 17 November 2014 - 09:07 PM
    Throttle2

    This people make a big mistake, they never join MCF to read throttle advice.


    Yes, i am ALWAYS right.

    Thanks
  • 18 November 2014 - 06:32 AM
    Goldbug

    Gold Rolex OK....

    Gold?
    Mai lah.
    I scared USD strengthen, Gold drop below production levels. It is after all largely perceived value....


    Should i buy another $200k - $300k of dividend stocks first? Any thing else to share beside Hutchison Port?


    You think Russia will start selling gold to supplement their income if oil hits USD 65 a barrel boh?
  • 18 November 2014 - 08:36 AM
    Wt_know

    one day huat news ... one day doom news ...

    where is the firesale and big lelong? anyway, high-end > $3M a pop ... only T2 can whack

    More high-end homeowners default payments

    The number of houses placed on the auction block by banks has increased by nearly five-fold as borrowers struggle to sell their luxury units amid the falling prices and the governments tough cooling measures, according to media reports.

    Between January and October of this year, 98 repossessed homes were placed under the auctioneers gavel, said Colliers International, a far cry from the 17 for the whole of 2013.


    Edited by Wt_know, 18 November 2014 - 08:39 AM.

  • 18 November 2014 - 08:38 AM
    RadX

    one day huat news ... one day doom news ....

    More high-end homeowners default payments

    huah ahhhhhhhhhhhhhhhh!!!!!


  • 18 November 2014 - 09:52 AM
    Throttle2

    You think Russia will start selling gold to supplement their income if oil hits USD 65 a barrel boh?


    Nah....
  • 18 November 2014 - 10:57 AM
    Mockngbrd

    You think Russia will start selling gold to supplement their income if oil hits USD 65 a barrel boh?

    they can start selling their russian bu

    keep-calm-and-love-a-russian-girl-2.png


    Edited by Mockngbrd, 18 November 2014 - 10:58 AM.

  • 18 November 2014 - 11:04 AM
    Duckduck

    You think Russia will start selling gold to supplement their income if oil hits USD 65 a barrel boh?

    duno.

    most of the oil decline is due to US shale boomz. I read that if oil drops lower, many shale E&Ps will kaput & then guess wat happens to oil price...


    Edited by Duckduck, 18 November 2014 - 11:05 AM.

  • 18 November 2014 - 12:39 PM
    Goldbug


    duno.

    most of the oil decline is due to US shale boomz. I read that if oil drops lower, many shale E&Ps will kaput & then guess wat happens to oil price...


    Ehh it's actually Saudi increasing oil output to force down price...
  • 18 November 2014 - 12:54 PM
    Voodooman

    duno.

    most of the oil decline is due to US shale boomz. I read that if oil drops lower, many shale E&Ps will kaput & then guess wat happens to oil price...


    It is probable that the cost of extracting shale will fall over the years, so falling oil prices may not help to show down shale production in the long run given the ever improving technology.
  • 18 November 2014 - 01:55 PM
    Bacteria83

    It is probable that the cost of extracting shale will fall over the years, so falling oil prices may not help to show down shale production in the long run given the ever improving technology.


    USA doing his best to hurt Russia economy. Lower oil price will improve GDP for them. Keep inflation in check, therefore no need to raise interest rate so early.

    One bird kill two stone. Putin sibei emo G20 summit also don't want to stay long, early early go back home zzzz.

    Due to all these political move. Those over leverage folks is given a temporary breather.
    Still don't want to offload soon can only pray to god.
  • 18 November 2014 - 04:50 PM
    CH_CO

    More high-end homeowners default payments

    https://sg.finance.y...39--sector.html

    I thot these folks pay full cash one leh [confused]

    Where that lightopera singer ? HAHA , i already warned of this long ago. But only cash boy T2 huat huat nia , i am still as poor as a church mouse.


  • 18 November 2014 - 06:45 PM
    Chucky2007


    Where that lightopera singer ? HAHA , i already warned of this long ago. But only cash boy T2 huat huat nia , i am still as poor as a church mouse.

    could be overseas owners.. Lending on the collateral only.. Just go home and Cheong again, doesn't make them bankrupt.
  • 18 November 2014 - 07:55 PM
    Throttle2
    "Not a sign of recovery"

    Attached Thumbnails

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  • 18 November 2014 - 08:06 PM
    Throttle2
    I know of several cpmpanies undergoing retrenchment exercise, i think better be careful.....


    Wahahah


    Where that lightopera singer ? HAHA , i already warned of this long ago. But only cash boy T2 huat huat nia , i am still as poor as a church mouse.



    Simi cash boy simi huat

    I lost just $60k in the market in the last few months already
  • 18 November 2014 - 08:11 PM
    OmOm

    I know of several cpmpanies undergoing retrenchment exercise, i think better be careful.....


    Wahahah


    Simi cash boy simi huat

    I lost just $60k in the market in the last few months already

    Patience is key. Stay in cash and you won't go wrong. The market is tempting those with cash to jump in.


  • 18 November 2014 - 08:34 PM
    Duckduck

    I know of several cpmpanies undergoing retrenchment exercise, i think better be careful.....


    Wahahah


    Simi cash boy simi huat

    I lost just $60k in the market in the last few months already

    a gold patek in hand is worth 2 in the bush


  • 18 November 2014 - 08:37 PM
    CH_CO

    I know of several cpmpanies undergoing retrenchment exercise, i think better be careful.....


    Wahahah


    Simi cash boy simi huat

    I lost just $60k in the market in the last few months already

    if i lose 60k i run road liaoz hahaha Maybe one can ask spring on how the banks deal foreigner delinquencies. I am a lowly paid credit officer which knows nuts and nothing about monthly report to mas.

    Problem is I don't give a shit , retrench retrench lor.. i need a break anyway but problem is they won't retrench me in bad times.


    Edited by CH_CO, 18 November 2014 - 08:42 PM.

  • 18 November 2014 - 09:11 PM
    Bavarian



    huah ahhhhhhhhhhhhhhhh!!!!!


    I detect a plummeting fade to the ahhhhhhhhhhhh...
  • 18 November 2014 - 09:29 PM
    Throttle2


    a gold patek in hand is worth 2 in the bush


    My gold Patek fell into the drain.........booo hoooo hoooo.
  • 18 November 2014 - 09:36 PM
    Wt_know

    ehh ... give us a thumbs up leh ... no pinky please ... lol

    "Not a sign of recovery"


    Edited by Wt_know, 18 November 2014 - 09:36 PM.

  • 18 November 2014 - 09:40 PM
    Throttle2


    if i lose 60k i run road liaoz hahaha Maybe one can ask spring on how the banks deal foreigner delinquencies. I am a lowly paid credit officer which knows nuts and nothing about monthly report to mas.

    Problem is I don't give a shit , retrench retrench lor.. i need a break anyway but problem is they won't retrench me in bad times.


    The worse loss i have taken was about $130k during the crisis. But i made it all back plus more.
    I am quite conservative, so losses are never very huge. Profits also slow and steady.

    Thats my boring life


    Patience is key. Stay in cash and you won't go wrong. The market is tempting those with cash to jump in.


    Dude, i sibei patient already.
    Property also sold at the peak and holding cash.
    Like you say, tempting....
  • 18 November 2014 - 11:00 PM
    CH_CO

    haha go other places to buy if you hold cash , different nations have different stages of their life cycle.

    Malaysia is also on the rise for its city area while iskandar is dead piece of land , law isn't to our favor , i won't take a chance on those.

    Based on credit , japan is at rock bottom and US is on it rise though. There isn't any chance for japan to recover unless there is a sudden rise in pop growth or huge drop in the older generation,anyone studying economics would be able to tell you that japan had a fantastic growth partially because of US technology transfer and a high growth in pop in people willing to take hardship.

    In Singapore it is the same unless we do something to improve our population on people willing to work , we are heading for the same path. What we are experiencing is a high growth in the malay population and this might affect the fabric of our nation. Just look at our neighbors, look at how hard working their malays are?

    Many can't study though most are good natured people, i am not racist , i have seen how hard our teachers tried, the environment for them is simply too hard for them to pick up the speed of study when other kids are already too ahead from the countless tuition lessons the parents put the kids to. One e.g my nephew goes for 4 extra lessons on top of normal school , his entire saturday is tuition and piano classes while sundays swimming and other activities.

    How do malay kids catch up when most don't even go for kindergarten despite so much subsidies given to the malay kids and many go into primary schools without learning how to count to 20. How to compare to those kids which are already doing division and problem sums?

    I am pretty negative in the way our garmen treats this problem. They aren't addressing problems of these fast growing populations which can be useful to society if properly educated and importing low classes trash from china and india would not help much .

    They should also address to the high cost of living and having a family for the young as a whole. Regardless whether how strawberry one is , the basic cost of getting a home and surviving is damn high, as mentioned in the other chat , it is time for property prices to drop sharply and allow Singaporeans to grow our nest again and call this places our home.

    Not let FTrash and FW lay waste to our land ,ruin its fabric� and walk away with the hard earned money we worked so hard collectively for. We need foriegn investments but not trash .


    Edited by CH_CO, 18 November 2014 - 11:05 PM.

  • 18 November 2014 - 11:42 PM
    Mockngbrd

    They aren't addressing problem



    Gahmen dun care about our problems
  • 19 November 2014 - 11:55 AM
    Chucky2007
    Invest with the profit gain..Got profits to cushion volatility.. No scared of market.
  • 19 November 2014 - 01:12 PM
    Thaiyotakamli

    one day huat news ... one day doom news ...
    where is the firesale and big lelong? anyway, high-end > $3M a pop ... only T2 can whack

    More high-end homeowners default payments


    Haiz people too stretched out already.

    People should be more cautious when they buy properties, make sure they have remaining cash to buffer any loss. Don't push your limit to get a property. If u cant get a favorite and popular condo, then go slightly further for cheaper one that is friendly to your pocket.


    For example i could get a D9 condo but i ended up in D15 condo with installment only 1.4k per month
  • 19 November 2014 - 01:45 PM
    Throttle2
    Thaikor

    You winner!
  • 19 November 2014 - 03:44 PM
    Wt_know

    huat ah!!!

    6 Ways Developers Hide Project Discounts and Why it�s Bad for the Market

    1. Markup then Discount
    2. Star Buys
    3. Buying Incentives
    4. ABSD Fully Absorbed
    5. Rental Guarantee
    6. Cash Rebates

    Implications of Hidden Project Discounts

    1. Inflated property prices
    2. Misrepresented property indices
    3. Inaccurate valuation and loan-to-value limit


    Edited by Wt_know, 19 November 2014 - 03:48 PM.

  • 19 November 2014 - 04:40 PM
    Mockngbrd
    Mai spread fear ah....
  • 19 November 2014 - 06:19 PM
    Throttle2

    huat ah!!!

    6 Ways Developers Hide Project Discounts and Why its Bad for the Market

    1. Markup then Discount
    2. Star Buys
    3. Buying Incentives
    4. ABSD Fully Absorbed
    5. Rental Guarantee
    6. Cash Rebates



    Implications of Hidden Project Discounts

    1. Inflated property prices
    2. Misrepresented property indices
    3. Inaccurate valuation and loan-to-value limit




    Only idiots believe that the real transacted price from developers is anywhere near the reported caveated price.

    Most of the time it is 10-20% lower.

    Good luck investors, heee hee heee
  • 19 November 2014 - 06:25 PM
    Lala81

    Only idiots believe that the real transacted price from developers is anywhere near the reported caveated price.

    Most of the time it is 10-20% lower.

    Good luck investors, heee hee heee

    caveat price on URA is fake?� [confused]


  • 19 November 2014 - 07:18 PM
    Chucky2007

    Haiz people too stretched out already.

    People should be more cautious when they buy properties, make sure they have remaining cash to buffer any loss. Don't push your limit to get a property. If u cant get a favorite and popular condo, then go slightly further for cheaper one that is friendly to your pocket.


    For example i could get a D9 condo but i ended up in D15 condo with installment only 1.4k per month

    wa lau eh, u should have gotten district JB and don't need pay the instalment..
  • 19 November 2014 - 08:26 PM
    Throttle2


    caveat price on URA is fake?� [confused]


    Well, do you think i paid list price of $40k for my solid gold Rolex from local authorised dealer?
    So is the list price fake?

    Muayhahahaha
  • 19 November 2014 - 09:00 PM
    Lala81

    Well, do you think i paid list price of $40k for my solid gold Rolex from local authorised dealer?
    So is the list price fake?

    Muayhahahaha

    I dunno. So far my friends only bought resale.�

    Resale caveat prices should be accurate, yes no?


  • 19 November 2014 - 10:19 PM
    Throttle2


    I dunno. So far my friends only bought resale.�
    Resale caveat prices should be accurate, yes no?


    Not always but better than from developer lah, wahaha
  • 19 November 2014 - 10:53 PM
    Thaiyotakamli

    wa lau eh, u should have gotten district JB and don't need pay the instalment..


    Thinking too but scared passport page full haha


    I dunno. So far my friends only bought resale.�
    Resale caveat prices should be accurate, yes no?


    Resale caveat is real, from developer half real
  • 20 November 2014 - 08:32 AM
    Chucky2007

    Thinking too but scared passport page full haha

    Resale caveat is real, from developer half real

    can pay RM25 to paste a RFID sticker on one page n don't need chop for one year.

    Anyway do passport at SG indo embassy 3 working days only, less than $50... It's the faster n cheaper than Singaporean make passport at ICA
  • 20 November 2014 - 09:25 AM
    Thaiyotakamli

    can pay RM25 to paste a RFID sticker on one page n don't need chop for one year.

    Anyway do passport at SG indo embassy 3 working days only, less than $50... It's the faster n cheaper than Singaporean make passport at ICA


    Yah

    But only one thing i enjoy during renewal, its the canteen at indo embassy haha
  • 20 November 2014 - 12:14 PM
    Mockngbrd

    Ok, now that all paperwork done, have to admit the place my gf and i just bought (for own stay) is also the lowest PSF in the development (i reckon approx 15-18% off the average psf). I think we might be the ones pulling the mkt down in the area.

    but i'm happy cos it's the culmination of our years of "savings-to-buy-our-very-own-place" plan :)�



    as for it going on URA website. *wink wink*


    Edited by Mockngbrd, 20 November 2014 - 12:28 PM.

  • 20 November 2014 - 12:54 PM
    Throttle2

    Ok, now that all paperwork done, have to admit the place my gf and i just bought (for own stay) is also the lowest PSF in the development (i reckon approx 15-18% off the average psf). I think we might be the ones pulling the mkt down in the area.

    but i'm happy cos it's the culmination of our years of "savings-to-buy-our-very-own-place" plan :)�



    as for it going on URA website. *wink wink*



    Congrats on your purchase

    And here we have a live example of an MCfer buying at a price way below the average report psf price.

    Woohooooo......
  • 20 November 2014 - 02:41 PM
    Mockngbrd

    ok ok... let's not spread fear anymore... la de da...

    http://www.nytimes.c...ments.html?_r=0

    300sq ft apartment for reference

    micro_unit_500.jpg

    Congrats on your purchase

    Thank yew thank yew :)

    I do agree prices are on the way down although i think ours might be an anomaly.


    Edited by Mockngbrd, 20 November 2014 - 02:58 PM.

  • 20 November 2014 - 02:57 PM
    Bacteria83

    ok ok... let's not spread fear anymore... la de da...

    http://www.nytimes.c...ments.html?_r=0

    300sq ft apartment for reference

    micro_unit_500.jpg

    Nice everyday Hotel experience, save lot of money too cause can't really buy anything� [lipsrsealed]


  • 20 November 2014 - 03:02 PM
    Wt_know
    15-18% lower?
    that's $150k-$180k savings
    time to get a M235i liao ...
  • 20 November 2014 - 04:55 PM
    Chucky2007

    Ok, now that all paperwork done, have to admit the place my gf and i just bought (for own stay) is also the lowest PSF in the development (i reckon approx 15-18% off the average psf). I think we might be the ones pulling the mkt down in the area.

    but i'm happy cos it's the culmination of our years of "savings-to-buy-our-very-own-place" plan :)�



    as for it going on URA website. *wink wink*

    congrats on your purchase! There is always good buys if one is willing to do some homework and legwork.
  • 20 November 2014 - 06:59 PM
    Mockngbrd

    15-18% lower?
    that's $150k-$180k savings
    time to get a M235i liao ...

    i wish it worked like that ha!
  • 20 November 2014 - 07:16 PM
    Lala81

    i wish it worked like that ha!

    Congrats.


    15-18% lower?
    that's $150k-$180k savings
    time to get a M235i liao ...

    LOL...� :D


  • 20 November 2014 - 07:17 PM
    RadX

    Ok, now that all paperwork done, have to admit the place my gf and i just bought (for own stay) is also the lowest PSF in the development (i reckon approx 15-18% off the average psf). I think we might be the ones pulling the mkt down in the area.

    but i'm happy cos it's the culmination of our years of "savings-to-buy-our-very-own-place" plan :)�



    as for it going on URA website. *wink wink*

    congrats buddy


  • 20 November 2014 - 08:36 PM
    Wt_know

    huat ah! buy and lease to expats .... SWARM to SINGAPORE

    http://sbr.com.sg/re...swarm-singapore

    Attached Thumbnails

    • 2014-11-20_203526.png

    Edited by Wt_know, 20 November 2014 - 08:37 PM.

  • 20 November 2014 - 09:01 PM
    Throttle2

    huat ah! buy and lease to expats .... SWARM to SINGAPORE

    http://sbr.com.sg/re...swarm-singapore

    Of course lah, condo rental rates are so cheap, everyone move from HDb to condos liao.. Whahahaah
    move left and right but all from the same frying pan.....muayhahaha
    Cant sell, no choice must lease cheap. Otherwise empty. Lose big big.
    Even scotts square also must lease.

    Hahah what a joke on these developers. Build new condos only to lease at cheap price becos cant sell......wahhahahahahahaha

    Edited by Throttle2, 20 November 2014 - 09:06 PM.

  • 20 November 2014 - 09:45 PM
    Wt_know

    cannot sell ... lease out ... is this a loophole for no penalty for unsold units?

    or use a shell or sister company to buy the units and lease out ... [sly]


    Edited by Wt_know, 20 November 2014 - 09:45 PM.

  • 20 November 2014 - 10:54 PM
    Throttle2

    cannot sell ... lease out ... is this a loophole for no penalty for unsold units?
    or use a shell or sister company to buy the units and lease out ... [sly]


    Loophole or not, they are still bleeding.........hohoho.......
    Yet some idiots still think its a sellers market
  • 20 November 2014 - 11:42 PM
    Throttle2
    Now most propertyguru ads for landed house have "negotiable" prices which start lower 5-10%
    Wahahah same old property cannot sell for 2 yrs already......

    Lets see the next wave of significant price adjusts , lads.

    Wooohooo
  • 21 November 2014 - 12:52 AM
    Thaiyotakamli

    ok ok... let's not spread fear anymore... la de da...

    http://www.nytimes.c...ments.html?_r=0

    300sq ft apartment for reference

    micro_unit_500.jpg



    Thank yew thank yew :)

    I do agree prices are on the way down although i think ours might be an anomaly.


    Seems 300sqft can fit 4 person inside :D
  • 21 November 2014 - 07:45 AM
    Ben5266

    Seems 300sqft can fit 4 person inside :D

    Bring girl home ...
    Hot and steamy already....
    Wait... Let's expand the sofa bed first....
    :D
  • 21 November 2014 - 09:14 AM
    Jamesc

    ok ok... let's not spread fear anymore... la de da...

    http://www.nytimes.c...ments.html?_r=0

    300sq ft apartment for reference

    micro_unit_500.jpg

    Thank yew thank yew :)

    I do agree prices are on the way down although i think ours might be an anomaly.

    Seems 300sqft can fit 4 person inside :D

    Haha you are right.

    But one of them has to stand at the door.

    :D


  • 21 November 2014 - 09:26 AM
    Spring

    Ok, now that all paperwork done, have to admit the place my gf and i just bought (for own stay) is also the lowest PSF in the development (i reckon approx 15-18% off the average psf). I think we might be the ones pulling the mkt down in the area.

    but i'm happy cos it's the culmination of our years of "savings-to-buy-our-very-own-place" plan :)�



    as for it going on URA website. *wink wink*

    Congrats on your purchase at a good price [thumbsup]

    You must be good at bargaining to get such a price or the developer desperate to let go, either way, who cares as finally a place to call home!!


  • 21 November 2014 - 10:06 AM
    Thaiyotakamli

    Bring girl home ...
    Hot and steamy already....
    Wait... Let's expand the sofa bed first....
    :D


    Thats why must find a small sofabed yet can open easily with one hand. Another hand...




    Haha you are right.

    But one of them has to stand at the door.

    :D


    Toilet still got some space left lol
  • 21 November 2014 - 10:10 AM
    Jamesc

    Thats why must find a small sofabed yet can open easily with one hand. Another hand...

    Toilet still got some space left lol

    Haha yeah sleep in the bath tub.

    :D


  • 21 November 2014 - 10:15 AM
    Mockngbrd

    Congrats on your purchase at a good price [thumbsup]

    You must be good at bargaining to get such a price or the developer desperate to let go, either way, who cares as finally a place to call home!!

    Thanks! I wish i was a good bargainer too. Ours was a resale, we prefer buying something we can actually see and roughly able to see the make-up of the residents as well as roughly gauge the attitude of the mgmt / security. ;)

    (and after visiting a few new ones, they just felt cold and almost cookie-cutter design, unlike their nice showflat and artist impression pictures)


    Edited by Mockngbrd, 21 November 2014 - 10:18 AM.

  • 21 November 2014 - 10:24 AM
    Spring

    Thanks! I wish i was a good bargainer too. Ours was a resale, we prefer buying something we can actually see. ;)

    (also after visiting a few new ones, they just felt cold and very cookie-cutter design nowadays)

    That's good then as you can move in pretty soon!

    During the Thai Baht crisis of late 90s, I bought Springbloom Condo at Lorong Chuan and thought I got a good price since it was a recession. Experienced neighbour lagi clever, saavy woman who told the developer MCL Land to take it or leave it by pressing the price down further.

    Developer blinked and sold it to her. She got a much bigger place for almost the same price as mine [thumbsup]

    Her husband and daughter see her bargain till pretend don't know her :D


  • 21 November 2014 - 10:28 AM
    Chowyunfatt

    Thanks! I wish i was a good bargainer too. Ours was a resale, we prefer buying something we can actually see and roughly able to see the make-up of the residents as well as roughly gauge the attitude of the mgmt / security. ;)

    (and after visiting a few new ones, they just felt cold and almost cookie-cutter design, unlike their nice showflat and artist impression pictures)

    Artist Impression ... Cannot believe one ...

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