Thứ Ba, 3 tháng 1, 2017

Rupiah/Rupee at risk, SG/HK risk property bubble part 8

  • 02 October 2013 - 09:19 AM
    Lala81

    When the opportunity comes, those in need of a home had better seriously buy. Don't miss the boat again.


    not so soon. i still another 5 years for my MOP wink.gif


  • 02 October 2013 - 09:33 AM
    Duckduck

    Not agitated. Sian only.
    Very little loss
    Paper loss about $70k only.


    if long term investmetn just sit n wait lor... i had similar paper loss amts for >6mths in a stock, then sold for abt 7% gain lol... took alot of patience to wait it out n helped that watever i invested was not "daily ops" $ lol

    if currency then its a totally diff animal...
  • 02 October 2013 - 09:35 AM
    Lala81

    if long term investmetn just sit n wait lor... i had similar paper loss amts for >6mths in a stock, then sold for abt 7% gain lol... took alot of patience to wait it out n helped that watever i invested was not "daily ops" $ lol

    if currency then its a totally diff animal...


    are u all night animals like the US traders ? happy.gif
  • 02 October 2013 - 09:40 AM
    Duckduck

    are u all night animals like the US traders ? happy.gif


    sometimes. i trade US futures vas a test for myself.. rest of my investemtns r long only stocks.

    if an investment/trade causes u to lose sleep or get mood swings, then suggest to stop altogether for awhile coz thats unhealthy.

    nowadays i dont lose sleep coz my short term trades have tight stops n loss amts that dont leave me having sleepless nights.

    likewise my stocks r long core which happy to hold.
  • 02 October 2013 - 10:10 AM
    Apvman

    chic-contemporary ... city-fringe ... Bishan is considered CCR liao?
    buyers are mostly yuppies ... huat ah!!!

    Overwhelming response from buyers at Sky Vue launch

    The 99-year leasehold Sky Vue condominium in Bishan Central has attracted strong interest from buyers since its launch on Saturday.

    So far, more than 410 of the 505 units released for sale at the 694-unit project have been sold, at an average price of S$1,500 psf.

    Its developer CapitaLand said that the one- and two-bedroom units were the most popular among buyers.

    "We are encouraged by the strong support from our home buyers and investors who share our vision of Sky Vue as a chic contemporary home for urbanites in one of the most desired city-fringe locations in Singapore," said Wong Heang Fine, CEO (Residential) of CapitaLand Singapore.

    "Most of our buyers are young couples who appreciate the well-articulated layouts and lifestyle amenities of Sky Vue and its proximity to the Bishan MRT station and Junction 8 shopping mall," he added.


    The average price of a one-bedroom unit is S$750,000 while that of a two-bedroom unit is S$933,000.

    The average price of a two-bedroom suite is S$1.15 million and the average price of a three-bedroom unit is S$1.58 million.



    One of the reason why it is selling well cause of the price.. The developer had shrunk the unti size from a typical size to smaller units.. If you love to stay in a "Hobbit" house.. it is a good place for u.. .. Just check out the size for 1 and 2 bedroom. It is SMALLER than our typial SHOEBOX units... Crazy
  • 02 October 2013 - 10:34 AM
    Wt_know
    Capitaland ex-CEO said shoebox units "almost inhuman" ... 500sqft is the minimum and yet what is Sky Vue small units size?

    will the yuppies blame the house too small that's why cannot have children? then need govt sponsor?

    http://www.propwise....apore-property/
    http://www.propwise....-shoebox-homes/

    While CapitaLand�s ex-CEO had famously called shoebox units �almost inhuman�, new management seems to have reversed course, with the smallest units at Sky Vue now breaking below the 500 square feet �shoebox barrier�.


    One of the reason why it is selling well cause of the price.. The developer had shrunk the unti size from a typical size to smaller units.. If you love to stay in a "Hobbit" house.. it is a good place for u.. .. Just check out the size for 1 and 2 bedroom. It is SMALLER than our typial SHOEBOX units... Crazy


    Edited by Wt_know, 02 October 2013 - 10:37 AM.

  • 02 October 2013 - 10:38 AM
    Enye

    Not agitated. Sian only.
    Very little loss
    Paper loss about $70k only.



    sideways market very sian is it?

    not much action

    spend time elsewhere lor

    eg solid gold rolexes

    biggrin.gif
  • 02 October 2013 - 10:39 AM
    Enye

    Capitaland ex-CEO said shoebox units "almost inhuman" ... 500sqft is the minimum and yet what is Sky Vue small units size?

    will the yuppies blame the house too small that's why cannot have children? then need govt sponsor?

    http://www.propwise....apore-property/
    http://www.propwise....-shoebox-homes/

    While CapitaLand?s ex-CEO had famously called shoebox units ?almost inhuman?, new management seems to have reversed course, with the smallest units at Sky Vue now breaking below the 500 square feet ?shoebox barrier?.


    that's why he is EX CEO

    biggrin.gif
  • 02 October 2013 - 10:40 AM
    Wt_know
    yup ... you contest the ideas you kena EX liao ...

    many developers are making shoebox and made a kill in profit
    who don't do .. who lose
    who object $$ is stink .. has to go

    Edited by Wt_know, 02 October 2013 - 10:41 AM.

  • 02 October 2013 - 10:40 AM
    Enye

    I think, very few can really load up.

    All the cooling measures have killed the market.
    The only sizabledemand left now is the HdB upgraders demand and the real demand from people who are buying their first home. Otherwise the driving force which originally moved the market to where it is today is no longer there.

    Try paying 10% stamp duty
    Try downpayment 50%
    Try stamp duty 16% if you sell
    Try not taking on more loan than 60% of mthly income.

    Cannot lah, bro.... Most are Panting already.


    don't dare to try la

    me peasant

    happy with HDB flat

    biggrin.gif
  • 02 October 2013 - 10:55 AM
    Duckduck

    sideways market very sian is it?

    not much action

    spend time elsewhere lor

    eg solid gold rolexes

    biggrin.gif


    where got sideways? US mkt dam volatile, NASDAQ almost all time high, financials down, blackberry crash n bounce, crude oil crashing, natural gas flying, lots to trade if u got time :)
  • 02 October 2013 - 11:00 AM
    Viceroymenthol

    Youbuy already, then try lah


    I got no money to buy this high class condo leh..... So expensive...
    Well maybe I can reconsider if they throw in the female model for free biggrin.gif
  • 02 October 2013 - 11:00 AM
    Thaiyotakamli

    Not agitated. Sian only.
    Very little loss
    Paper loss about $70k only.

    Wahhhh can get 3-4 solid gold rolex
  • 02 October 2013 - 11:01 AM
    Viceroymenthol

    Nbz the ending part with the agent face
    Sianzzzzzzz


    Yeah lor... Hahaha sibeh sianz
  • 02 October 2013 - 11:02 AM
    Viceroymenthol

    Wahhhh can get 3-4 solid gold rolex


    He already got 3-4 solid gold rolex and can buy many many more
    This $70k is like grocery shopping money to him lah
  • 02 October 2013 - 11:04 AM
    Duckduck

    Wahhhh can get 3-4 solid gold rolex


    Rolex isnt investment, stocks are. Given 20yr timeframe, historical avg stock mkt return is abt 7x. No way avg rolex will do that.
  • 02 October 2013 - 11:07 AM
    Viceroymenthol

    not so soon. i still another 5 years for my MOP wink.gif


    I find it alarming that you and your missus, both top professionals after long hard years of study, have incomes low enough to qualify for HDB! Don't tell me you guys did what many other high income young couples did... sly.gif
  • 02 October 2013 - 11:07 AM
    Enye

    where got sideways? US mkt dam volatile, NASDAQ almost all time high, financials down, blackberry crash n bounce, crude oil crashing, natural gas flying, lots to trade if u got time :)


    not sophisticated enough to trade the US market

    need my beauty sleep too

    just buy the index and forget about trading stress

    biggrin.gif
  • 02 October 2013 - 11:09 AM
    Altivo
    Those who have bought properties in Iskandar or is planning to do so. Take note hoh

    In a nutshell, to prevent foreigners from speculating on the properties, the Johor State Govtn is considering introducing some measures

    1) First property owned by foreigners must obtain permission from state govtn before being allowed to be put on sale.

    2) Foreigners buying a resale property from a local must also obtain permission for the state govtn.


    ?? JOHOR BAHRU

    ??????????????????????????????????????????????????????????????????????

    ????????????????????????????????????????????????????????????????

    ???????MCT??????????????????????????????????????50?????20???????????????100?????40???????????????

    ?????????????????????????????????????????????

    ?????????????????????100????????????????????????????????????????????????????????????????????????????????????????????????????????????????

    ??????????????????????????????????????????????

    ?????????????????????????????????????????????????????????????????????????????????

    ?????????????????????????????????????


  • 02 October 2013 - 11:14 AM
    Viceroymenthol
    Iskandar property very scary leh.. Actually all Malaysian property also scary. Because their govt very scary.
    That's why a stable and fair govt is absolutely necessary for any property market to thrive. Like Singapore.
  • 02 October 2013 - 11:15 AM
    Throttle2

    don't dare to try la

    me peasant

    happy with HDB flat

    biggrin.gif


    Thats why i say, market panting already how to load?


  • 02 October 2013 - 11:33 AM
    Thaiyotakamli

    Rolex isnt investment, stocks are. Given 20yr timeframe, historical avg stock mkt return is abt 7x. No way avg rolex will do that.

    No i mean the way he said only can get 3-4 rolex lol
  • 02 October 2013 - 03:46 PM
    Throttle2

    Wahhhh can get 3-4 solid gold rolex


    I say $70k only becos i have lost a lot much before.

    Anyway $70k cant even buy COE nowadays so it really isnt big money.

    I'm sure many here would agree.
    If many here dont agree, then where is the market for properties to continue the climb?
    $70k is but only 10% of $700k which is required as downpayment for a normal private apartment in current situation , isnt it?

    So you guys tell me..... rolleyes.gif
  • 02 October 2013 - 05:28 PM
    Thaiyotakamli

    I say $70k only becos i have lost a lot much before.

    Anyway $70k cant even buy COE nowadays so it really isnt big money.

    I'm sure many here would agree.
    If many here dont agree, then where is the market for properties to continue the climb?
    $70k is but only 10% of $700k which is required as downpayment for a normal private apartment in current situation , isnt it?

    So you guys tell me..... rolleyes.gif

    Ok 70k little amount then sad.gif

    70k really doesnt mean alot in sg...
  • 02 October 2013 - 05:36 PM
    Lala81

    I find it alarming that you and your missus, both top professionals after long hard years of study, have incomes low enough to qualify for HDB! Don't tell me you guys did what many other high income young couples did... sly.gif


    my missus not in healthcare. don't believe in inbreeding tongue.gif

    erm under bond that time, junior doctor salary is really low one. just exceeded income ceiling slightly. MP letter did the rest.
  • 02 October 2013 - 05:39 PM
    Lala81

    not sophisticated enough to trade the US market

    need my beauty sleep too

    just buy the index and forget about trading stress

    biggrin.gif


    u buy ETF? from where?
  • 03 October 2013 - 09:40 AM
    Wt_know
    sibei irony man ....

    http://www.straitsti...d-2015-20131003

    the article is Home prices could dip 20% by end-2015 and the ads is SKY VUE launch ... huat ah !!!


  • 03 October 2013 - 09:54 AM
    Somewhat1975

    u buy ETF? from where?



    you can buy the ETF on sgx. It is traded like normal stock but can be very illiquid.

    http://sgx.com/wps/p...securities/etfs

    http://sg.uobkayhian...ETFlistEqu.html

    Edited by Somewhat1975, 03 October 2013 - 09:58 AM.

  • 03 October 2013 - 09:58 AM
    Mockngbrd
    wait saturday papers will say, HUAT AH buy buy buy!!!
  • 03 October 2013 - 09:59 AM
    Jman888
    the Ads should add "Buy now before it went down!" laugh.gif

    sibei irony man ....

    http://www.straitsti...d-2015-20131003

    the article is Home prices could dip 20% by end-2015 and the ads is SKY VUE launch ... huat ah !!!


  • 03 October 2013 - 10:00 AM
    Throttle2
    Even on the hard copy straits times, the sky vue ad is a full page beside this news.

    Sibei Like!

    image.jpg

    Edited by Throttle2, 03 October 2013 - 10:15 AM.

  • 03 October 2013 - 10:12 AM
    Goldbug
    wah if got black swan event, confirm up lorry
  • 03 October 2013 - 10:19 AM
    Throttle2

    wah if got black swan event, confirm up lorry


    No need black swan, already up lorry lah.

    In fact its the opposite, we need a black swan event for the market to remain steady.
    Everything simply points south, no question about it.

    Its whether the "experts" dare to say it out loud or not.

    Now they have with this still muted report.

    The last paragraph, agent head still say , if drop 5 - 8% govt may remove CM....KNN they still dont get it.
    The Govt wants it to drop 10% at least from current.

    Edited by Throttle2, 03 October 2013 - 10:22 AM.

  • 03 October 2013 - 10:23 AM
    Myxilplix
    You think the Sky Vue developers will kpkb to straits times for the article/ad placement? I say got chance...
  • 03 October 2013 - 10:24 AM
    Enye

    u buy ETF? from where?



    can buy on sgx but liquidity may be an issue to some

    Certain unit trusts track S&P but pay a little more in costs

    choose one that gives you a piece of mind

    biggrin.gif
  • 03 October 2013 - 10:25 AM
    Goldbug

    No need black swan, already up lorry lah.

    In fact its the opposite, we need a black swan event for the market to remain steady.
    Everything simply points south, no question about it.

    Its whether the "experts" dare to say it out loud or not.

    Now they have with this still muted report.

    The last paragraph, agent head still say , if drop 5 - 8% govt may remove CM....KNN they still dont get it.
    The Govt wants it to drop 10% at least from current.


    no one has successfully deflated a bubble without triggering a crash, maybe our million dollar salaried scholars will the first, since they are the best and the brightest
  • 03 October 2013 - 10:48 AM
    Extremesour

    I say $70k only becos i have lost a lot much before.

    Anyway $70k cant even buy COE nowadays so it really isnt big money.

    I'm sure many here would agree.
    If many here dont agree, then where is the market for properties to continue the climb?
    $70k is but only 10% of $700k which is required as downpayment for a normal private apartment in current situation , isnt it?

    So you guys tell me..... rolleyes.gif


    Yes I would agree with you that $70k isn't really big money in SG nowadays.
    It is just sad that I don't have that kind of money to throw around. sad.gif
    Must work harder to survive in this city of millionaires. bigcry.gif
  • 03 October 2013 - 10:53 AM
    ShepherdPie

    no one has successfully deflated a bubble without triggering a crash, maybe our million dollar salaried scholars will the first, since they are the best and the brightest

    That's assuming that this is a bubble.

    Firstly, there is a genuire demand for housing.
    In other countries such as EU , Japan and US, there is a indeed a property bubble because there is no significate growth in the population hence genuine demand for housing. Demand are mainly come from investment spur by imaginary demand.
    However,in sg and in chinese cities , there is a significate increase in the number of population yearly. There is a real demand for housing.

    2ndly, there is significate inflation.
    Some yrs back coffee is $0.50. now is .90 to $1.1 depending where you drink. There is significate inflation over the last 10 yrs that will sustain the price to normalised.

    Crash i think is unlikely. Correction yes

    Edited by ShepherdPie, 03 October 2013 - 10:54 AM.

  • 03 October 2013 - 10:59 AM
    Throttle2

    That's assuming that this is a bubble.

    Firstly, there is a genuire demand for housing.
    In other countries such as EU , Japan and US, there is a indeed a property bubble because there is no significate growth in the population hence genuine demand for housing. Demand are mainly come from investment spur by imaginary demand.
    However,in sg and in chinese cities , there is a significate increase in the number of population yearly. There is a real demand for housing.

    2ndly, there is significate inflation.
    Some yrs back coffee is $0.50. now is .90 to $1.1 depending where you drink. There is significate inflation over the last 10 yrs that will sustain the price to normalised.

    Crash i think is unlikely. Correction yes


    You buy lor?
    No money to buy?

    CKLPS.
  • 03 October 2013 - 11:00 AM
    Duckduck

    Crash i think is unlikely. Correction yes


    take eg. 1990 nikkei bull top crash which hasnt even recovered now. frm wiki: http://en.wikipedia....et_price_bubble

    "Research has found out that the Japanese asset price was largely due to the lag in decision by BOJ to curb the issue much earlier. By end of August 1987, the BOJ has signalled a possible of tightening the monetary policy but decided to delay the decision in the view of economic uncertainty due to Black Monday (October 19, 1987)

    Another alternative view of BOJ reluctance to tighten the monetary policy was due to uncertainty in Japanese economy, despite the economic went into expansion in the second half of 1987. Technically, the Japanese economy had just recovered from the brief (1985-1986) ?endaka recession? (??????? Nihon no endakafuky??, lit. ?recession caused by appreciation of Japanese Yen?).[5] The ?endaka recession? has been closely linked to the Plaza Accord (September 1985) ? which led to the strong appreciation of Japanese yen.[6] The strong appreciation of Japanese yen, however, eroded the Japanese economy since Japanese economy was led by exports and capital investment for export purpose."

    It sounds exactly like SG n S$ now but economics n fundamentals arguably different. Time will tel...

    Edited by Duckduck, 03 October 2013 - 11:01 AM.

  • 03 October 2013 - 11:02 AM
    ShepherdPie

    take eg. 1990 nikkei bull top crash which hasnt even recovered now. frm wiki: http://en.wikipedia....et_price_bubble

    "Research has found out that the Japanese asset price was largely due to the lag in decision by BOJ to curb the issue much earlier. By end of August 1987, the BOJ has signalled a possible of tightening the monetary policy but decided to delay the decision in the view of economic uncertainty due to Black Monday (October 19, 1987)

    Another alternative view of BOJ reluctance to tighten the monetary policy was due to uncertainty in Japanese economy, despite the economic went into expansion in the second half of 1987. Technically, the Japanese economy had just recovered from the brief (1985-1986) ?endaka recession? (??????? Nihon no endakafuky??, lit. ?recession caused by appreciation of Japanese Yen?).[5] The ?endaka recession? has been closely linked to the Plaza Accord (September 1985) ? which led to the strong appreciation of Japanese yen.[6] The strong appreciation of Japanese yen, however, eroded the Japanese economy since Japanese economy was led by exports and capital investment for export purpose."

    It sounds exactly like SG n S$ now but economics n fundamentals arguably different. Time will tel...


    Inflation aside. The demand for housing is increasing significately in sg.. cant say the same for japan.
  • 03 October 2013 - 11:03 AM
    Staff69
    Hope it dont affect my bto tongue.gif

    Edited by Staff69, 03 October 2013 - 11:04 AM.

  • 03 October 2013 - 11:05 AM
    ShepherdPie

    You buy lor?
    No money to buy?
    CKLPS.


    you go buy more watch lah .. not enuff to parade liao.
  • 03 October 2013 - 11:08 AM
    Duckduck

    Inflation aside. The demand for housing is increasing significately in sg.. cant say the same for japan.


    ive a neutral reading on sg prop now. no idea where its going, i wont dare to say itll go up or down. all i know is that d recovery is short n sharp n our gdp growth rate has been falling every yr since 2009 whereas prop has been going up every yr. I dont like to see divergences in economic #s from asset prices. Either one is wrong.

    I prefer to see gdp growth increase every yr n asset prices also, which was 2004-2007. Of cse 2008 it popped but at least back then it was more fundamentally driven, now its almost purely cheap debt driven, assuming linear pop growth rate. of cse last time pop growth rate was much higher n now slower.

    anyway since theres so much uncertainty, usually d mkt will go up, but dont hold me to it. regression to long term trend usually applies as does fibonacci #s.

    Edited by Duckduck, 03 October 2013 - 11:12 AM.

  • 03 October 2013 - 11:10 AM
    ShepherdPie

    ive a neutral reading on sg prop now. no idea where its going, i wont dare to say itll go up or down. all i know is that d recovery is short n sharp n our gdp growth rate has been falling every yr since 2009 whereas prop has been going up every yr. I dont like to see divergences in economic #s from asset prices. Either one is wrong.

    I prefer to see gdp growth increase every yr n asset prices also, which was 2004-2007


    I feel that gdp growth is not significate influence to the asset prices.. but the increase in population.
    In any case, we will see..I am eagerly waiting for the Q3 ura report on the vacancy rate on pte property. That will be a signifcation indicator on the real demand.

    What we now see is that government is loosing condition for home ownership in some sector.

    Edited by ShepherdPie, 03 October 2013 - 11:13 AM.

  • 03 October 2013 - 11:14 AM
    Duckduck

    I feel that gdp growth is not significate influence to the asset prices.. but the increase in population.


    http://www.straitsti...-years-20130926

    then how does help your theory? if i were a speculator, id b extremely worried, compared to 2005-2007 when pop was growing faster n faster every yr.

    Edited by Duckduck, 03 October 2013 - 11:15 AM.

  • 03 October 2013 - 11:16 AM
    Throttle2

    you go buy more watch lah .. not enuff to parade liao.


    Watch is anytime, just song or not.
    When i find another that captures me, i will buy.

    Property is different. At current prices, i refuse to buy.

  • 03 October 2013 - 11:20 AM
    ShepherdPie

    http://www.straitsti...-years-20130926

    then how does help your theory? if i were a speculator, id b extremely worried, compared to 2005-2007 when pop was growing faster n faster every yr.


    The news is like a glass half-empty or half-full..

    Even though, its the slowest, it still increasing in a significate number.

    Edited by ShepherdPie, 03 October 2013 - 11:21 AM.

  • 03 October 2013 - 11:26 AM
    Mockngbrd

    You think the Sky Vue developers will kpkb to straits times for the article/ad placement? I say got chance...

    No, they know what page they paid for.
  • 03 October 2013 - 11:26 AM
    Throttle2

    http://www.straitsti...-years-20130926

    then how does help your theory? if i were a speculator, id b extremely worried, compared to 2005-2007 when pop was growing faster n faster every yr.


    Good question to the Pie.

    In terms of "speculators" lets call them shorter term investors lah
    The smart seasoned ones hv already cleared out.
    Whats left are those who dont want to sell their extra properties (becos they got money, dont care)
    And those who cant sell becos of CM and other impact which will translate to a loss.
    Who wants to lose money in Properties right? Everyone is a winner in properties right?
    Thats what the agent always say right?

    But we all know, unlike the financial markets, properties dont hv instant liquidity.
    By the time one is screwed and looking to sell, its too late.

    Hows your property portfolio looking and whats your strategy Ducky?





  • 03 October 2013 - 11:34 AM
    Kangadrool
    Been receiving property flyers on my doorsteps everyday without fail, but it seems to wither down since last month. Now hardly any property flyers greeting me when I reached home.
  • 03 October 2013 - 11:37 AM
    Mockngbrd
    I still have alot in my mailbox, i pass you? My plan is to save all those agents numbers to my phone and next time i go showflat i will use those numbers.
  • 03 October 2013 - 11:39 AM
    Myxilplix

    No, they know what page they paid for.


    Yes they chose the page for the ad, but did they know the article is gonna be next to the ad? ph34r.gif
  • 03 October 2013 - 11:46 AM
    Throttle2

    Yes they chose the page for the ad, but did they know the article is gonna be next to the ad? ph34r.gif



    Its a sign.....muayhahaha
  • 03 October 2013 - 12:03 PM
    Duckduck

    Hows your property portfolio looking and whats your strategy Ducky?


    i dont have a strategy i stick all d time, instead i remain invested no matter wat coz long term stocks n prop goes up.

    wat i do most of d time is asset allocation, eg. assum i dont like to buy prop now, but i also know stock mkt can keep going up no matter wat i thk, so i remain invested to capture stock upside so that in case im wrong abt prop prices n they go up another 10% within few yrs, im still able to buy it later if need be. all d while i make sure got a ready cash reserve to buy anything if got black swan.

    to me prop is commodity, so it can go up for longer than expected, n likewise down longer also.

    Edited by Duckduck, 03 October 2013 - 12:05 PM.

  • 03 October 2013 - 01:10 PM
    Jasonjst

    Yes they chose the page for the ad, but did they know the article is gonna be next to the ad? ph34r.gif


    Perhaps they know everyone will read that article , hence their ads will get maxium exposure.
  • 03 October 2013 - 01:12 PM
    Jasonjst

    Been receiving property flyers on my doorsteps everyday without fail, but it seems to wither down since last month. Now hardly any property flyers greeting me when I reached home.


    You know why ? Property agents goes broke after so many rounds of flyer distribution without sale ! Now boh lui distribute flyers liao ! tongue.gif

    Edited by Jasonjst, 03 October 2013 - 01:13 PM.

  • 03 October 2013 - 01:45 PM
    Felipe

    ive a neutral reading on sg prop now. no idea where its going, i wont dare to say itll go up or down. all i know is that d recovery is short n sharp n our gdp growth rate has been falling every yr since 2009 whereas prop has been going up every yr. I dont like to see divergences in economic #s from asset prices. Either one is wrong.

    I prefer to see gdp growth increase every yr n asset prices also, which was 2004-2007. Of cse 2008 it popped but at least back then it was more fundamentally driven, now its almost purely cheap debt driven, assuming linear pop growth rate. of cse last time pop growth rate was much higher n now slower.

    anyway since theres so much uncertainty, usually d mkt will go up, but dont hold me to it. regression to long term trend usually applies as does fibonacci #s.


    Our prop market is highly controlled. Govt just need to turn on or off the tap for things to happen. I see govt trying to narrow the wealth gap as many Sporeans are already priced out of the market, struggling to afford their only home. What i don't see is govt trying to crash the market or even bring down the price significantly.

    My view is buying property for investment now is ok but don't expect high gains in the short term. Take it as a boring investment where nothing really can go too right or too wrong. I find some of the views here puzzling, treating property like buying penny stock. Anyway, with current cooling measures, u gotta be extremely loaded to even buy the 2nd prop. So if yr really loaded, don't know what to do with money and don't want to think too much, our stable prop market is always a good choice. If u find Bishan too ex, then maybe its time to look at Orchard. u be surprise at the narrowing psf.

    I always believe money should be invested. keep some, invest some, and there are many instruments to invest. do yr research. There are so many markets to invest.

    Edited by Felipe, 03 October 2013 - 01:46 PM.

  • 03 October 2013 - 01:47 PM
    Goldbug

    take eg. 1990 nikkei bull top crash which hasnt even recovered now. frm wiki: http://en.wikipedia....et_price_bubble

    "Research has found out that the Japanese asset price was largely due to the lag in decision by BOJ to curb the issue much earlier. By end of August 1987, the BOJ has signalled a possible of tightening the monetary policy but decided to delay the decision in the view of economic uncertainty due to Black Monday (October 19, 1987)

    Another alternative view of BOJ reluctance to tighten the monetary policy was due to uncertainty in Japanese economy, despite the economic went into expansion in the second half of 1987. Technically, the Japanese economy had just recovered from the brief (1985-1986) ?endaka recession? (??????? Nihon no endakafuky??, lit. ?recession caused by appreciation of Japanese Yen?).[5] The ?endaka recession? has been closely linked to the Plaza Accord (September 1985) ? which led to the strong appreciation of Japanese yen.[6] The strong appreciation of Japanese yen, however, eroded the Japanese economy since Japanese economy was led by exports and capital investment for export purpose."

    It sounds exactly like SG n S$ now but economics n fundamentals arguably different. Time will tel...


    the plaza and subsequent lourve accord engineered by the trilateral commission basically killed the Japs
  • 03 October 2013 - 01:50 PM
    Goldbug

    Inflation aside. The demand for housing is increasing significately in sg.. cant say the same for japan.


    name me 1 country in modern history that has attempted to correct housing price without triggering a crash

    Edited by Goldbug, 03 October 2013 - 01:51 PM.

  • 03 October 2013 - 01:50 PM
    Felipe

    i dont have a strategy i stick all d time, instead i remain invested no matter wat coz long term stocks n prop goes up.

    wat i do most of d time is asset allocation, eg. assum i dont like to buy prop now, but i also know stock mkt can keep going up no matter wat i thk, so i remain invested to capture stock upside so that in case im wrong abt prop prices n they go up another 10% within few yrs, im still able to buy it later if need be. all d while i make sure got a ready cash reserve to buy anything if got black swan.

    to me prop is commodity, so it can go up for longer than expected, n likewise down longer also.

    prop value go up is one thing. got buyer is another thing.

    so its the kind of investment where one should put a high dp. cos the sell off is tricky. many props in sg already stuck for months, some even years, can't sell. tats y bank is never in interested in prop, only money.

    the city harvest loan is a classic eg. no bank want to loan them even their suntec shares are pledged as collateral. tats a super good deal. the lender really tan tio.
  • 03 October 2013 - 01:53 PM
    Felipe

    name me 1 country in modern history that has attempted to correct housing price without triggering a crash

    for sg, the crashes were triggered by external factors. but back then, no CM like today. today govt super careful and earn more commission from stamp duty. ppl tend to forget who the real property agent is, and best part, no need to even sell and take crap from customers.
  • 03 October 2013 - 02:04 PM
    Goldbug

    for sg, the crashes were triggered by external factors. but back then, no CM like today. today govt super careful and earn more commission from stamp duty. ppl tend to forget who the real property agent is, and best part, no need to even sell and take crap from customers.


    name me 1 country leh
  • 03 October 2013 - 02:42 PM
    ShepherdPie

    name me 1 country leh

    Bro.. is this a bubble in the first place?

  • 03 October 2013 - 02:46 PM
    Mockngbrd

    Yes they chose the page for the ad, but did they know the article is gonna be next to the ad? ph34r.gif

    boh bian... ...
  • 03 October 2013 - 02:47 PM
    Throttle2

    Bro.. is this a bubble in the first place?


    Definitely one in the making fueled by easy credit in the past 5 yrs.
    Govt is forced to arm twist market using CM.



  • 03 October 2013 - 02:49 PM
    Jasonjst

    Bro.. is this a bubble in the first place?


    Confirm no bubble , our ministers say 2 room HDB very afforable and our develpers say shoebox less than 1 million , sell like hot cakes . who want to double confirm ?

    Edited by Jasonjst, 03 October 2013 - 02:50 PM.

  • 03 October 2013 - 02:49 PM
    Koko

    name me 1 country in modern history that has attempted to correct housing price without triggering a crash


    I hearsay that there is few countries in the world are even financial crisi proof; that is Butan and North Korea...

    these countries have no issue of correcting housing price


  • 03 October 2013 - 02:52 PM
    ShepherdPie

    Confirm no bubble , our ministers say 2 room HDB very afforable and our develpers say shoebox less than 1 million , sell like hot cakes . who want to double confirm ?

    time will tell.. as i mention.. i am looking forward to full Q3 reports. The vacancy rate will be our indicator if this is a bubble.
  • 03 October 2013 - 03:03 PM
    Throttle2

    time will tell.. as i mention.. i am looking forward to full Q3 reports. The vacancy rate will be our indicator if this is a bubble.


    Why you look at history to predict future?
    Look ahead and see whats coming, nothing to predict.
    So in our faces already
  • 03 October 2013 - 03:03 PM
    Throttle2
    Dupe post

    Edited by Throttle2, 03 October 2013 - 03:04 PM.

  • 03 October 2013 - 03:07 PM
    ShepherdPie

    name me 1 country leh


    Name 1 country that sell public property at 50% of the price as the pte property in the same location.
    e.g.
    http://www.propertyg...eet-13-15400012
    vs Sky Vue
    and 30% of the price if you buying from government directly.

    We have a unique housing solution from other country aniway.

    Edited by ShepherdPie, 03 October 2013 - 03:12 PM.

  • 03 October 2013 - 03:08 PM
    ShepherdPie

    Why you look at history to predict future?
    Look ahead and see whats coming, nothing to predict.
    So in our faces already

    tell me facts.. dont just say say say...
  • 03 October 2013 - 03:17 PM
    Myxilplix
    Yes, look to the future.

    There is a light at the end of the tunnel....but it may be a train grin.gif
  • 03 October 2013 - 03:21 PM
    ShepherdPie

    Yes, look to the future.
    There is a light at the end of the tunnel....but it may be a train grin.gif

    ha ha ha ..i stand away from the track liao.. whatever happens is inmaterial to me.

    Mr T lost a few rolex on the track liao.. so everyday come here kpkb say others will lose more rolex on the track..

    Edited by ShepherdPie, 03 October 2013 - 03:22 PM.

  • 03 October 2013 - 03:24 PM
    Goldbug
    so many posts liao, so many many experts here, cannot name me 1 country...
    cannot be right
  • 03 October 2013 - 03:30 PM
    ShepherdPie

    so many posts liao, so many many experts here, cannot name me 1 country...
    cannot be right

    i tot koko reply you liao.
  • 03 October 2013 - 03:33 PM
    Chucky2007

    Hope it dont affect my bto tongue.gif

    It wouldn't affect.. but soon it's more worthwhile to buy resale in a mature estate... Factor in the price of bto, amount of grants, and the location factor.

    Good luck to yr bto...
  • 03 October 2013 - 03:33 PM
    Throttle2

    tell me facts.. dont just say say say...


    Ok no choice gotta write you off becos facts have been given so many times by myself and some others here. Yet you still keep asking.

    Disagreeing is fine by most of us but dont post for sake of posting lah.
    Sound so much like leepee sabbie etc....

    I'm am not surprise that you are him.

    Over and out.
  • 03 October 2013 - 03:34 PM
    Goldbug

    i tot koko reply you liao.


    the 2 countries he named don't have price spike and don't need price correction

    I said name me 1 one 1 country that has price spike and subsequent corrected the price successfully without causing a crash
  • 03 October 2013 - 03:35 PM
    Throttle2

    ha ha ha ..i stand away from the track liao.. whatever happens is inmaterial to me.

    Mr T lost a few rolex on the track liao.. so everyday come here kpkb say others will lose more rolex on the track..


    We here discuss serious things, but all you can do is repost the same thing, ask the same questions which hv been answered and continuously use my name and put words in my mouth.

    Suah lah.....

    wave.gif bye


  • 03 October 2013 - 05:26 PM
    Enye

    time will tell.. as i mention.. i am looking forward to full Q3 reports. The vacancy rate will be our indicator if this is a bubble.



    you keep waiting and looking at data

    but ask you what are you going to do after getting the data and reaching your own conclusion

    you said you stand one side and watch show only....not vested

    if so, then don't mislead people lah

    dizzy.gif
  • 03 October 2013 - 05:53 PM
    ShepherdPie

    you keep waiting and looking at data
    but ask you what are you going to do after getting the data and reaching your own conclusion
    you said you stand one side and watch show only....not vested
    if so, then don't mislead people lah dizzy.gif


    Apparently, you only want to hear what you want to hear. sweatdrop.gif
    When ppl tell you something you dun want to hear, you say ppl not vested.. dun mislead.
    You chose to ignore value of facts..

    Edited by ShepherdPie, 03 October 2013 - 06:00 PM.

  • 03 October 2013 - 06:43 PM
    Felipe

    name me 1 country leh

    SG. They didn't trigger the crash but due to external factors, market fell or corrected.
  • 03 October 2013 - 07:42 PM
    Duckduck

    SG. They didn't trigger the crash but due to external factors, market fell or corrected.


    They did in 90s w resale gains tax. It made the 98 crash worse
  • 03 October 2013 - 08:38 PM
    Chucky2007

    Name 1 country that sell public property at 50% of the pricegovernment, e property in the same location.
    e.g.
    http://www.propertyg...eet-13-15400012
    vs Sky Vue
    and 30% of the price if you buying from government directly.

    We have a unique housing solution from other country aniway.

    Yr analogy is not accurate. Downpayment for first private property is at 20%, only 2nd and above is 50%. Buy hdb direct from from givernment, downpayment is also 20%, and no way to buy another hdb direct from government if already have first hdb..

    U r being too paranoid?
  • 03 October 2013 - 08:41 PM
    Viceroymenthol
    What's there to argue? Time will tell, wouldn't it?
  • 03 October 2013 - 11:25 PM
    Throttle2

    What's there to argue? Time will tell, wouldn't it?



    Dude, you poised to buy? Or to sell?
  • 07 October 2013 - 01:53 PM
    Viceroymenthol

    QUOTE (Viceroymenthol Oct 3 2013, 08:41 PM) <{POST_SNAPBACK}>
    What's there to argue? Time will tell, wouldn't it?



    Dude, you poised to buy? Or to sell?

    Neither.� Right now I only left one investment property.� It is in the MB area and has been rented out for the past 4 years.� The rental demand here has always been high, because of all the international financial companies and high FT population.� Doesn't make a difference to me whether I sell or not, left a little bit of loan.� And I don't really need nor want the 911 that the profit will buy me.� Sell already also dunno what to buy.... so just leave it lah.

    Buy?� Nothing to buy lah, property has already ceased to be a money making vehicle since a few years ago.� The multiple-fold profits we have experienced will never come back again, so don't even hope for a repeat performance.

    To all the young people out there who were unlucky to have missed the big property price movement last 10 years, just concentrate on your careers and make your fortunes from there instead.� If you cannot afford private, buy HDB first.� Simple as that.


  • 07 October 2013 - 03:00 PM
    Throttle2

    Neither.� Right now I only left one investment property.� It is in the MB area and has been rented out for the past 4 years.� The rental demand here has always been high, because of all the international financial companies and high FT population.� Doesn't make a difference to me whether I sell or not, left a little bit of loan.� And I don't really need nor want the 911 that the profit will buy me.� Sell already also dunno what to buy.... so just leave it lah.

    Buy?� Nothing to buy lah, property has already ceased to be a money making vehicle since a few years ago.� The multiple-fold profits we have experienced will never come back again, so don't even hope for a repeat performance.

    To all the young people out there who were unlucky to have missed the big property price movement last 10 years, just concentrate on your careers and make your fortunes from there instead.� If you cannot afford private, buy HDB first.� Simple as that.


    Good for you. Well done.
  • 07 October 2013 - 03:42 PM
    Lala81

    To all the young people out there who were unlucky to have missed the big property price movement last 10 years, just concentrate on your careers and make your fortunes from there instead.� If you cannot afford private, buy HDB first.� Simple as that.

    what to do... u all take speedboat and yacht already no more in line of sight liao. we still rowing in sampan following the garbage that's been thrown overboard by u guys ahead... � [sweatdrop]


  • 07 October 2013 - 03:55 PM
    Viceroymenthol

    Good for you. Well done.

    Nothing compared to you, of course!


  • 07 October 2013 - 04:01 PM
    Viceroymenthol

    what to do... u all take speedboat and yacht already no more in line of sight liao. we still rowing in sampan following the garbage that's been thrown overboard by u guys ahead... � [sweatdrop]

    My friend.

    To put simply, investing in properties involves money (holding power), stomach for risk taking as well as some acumen, with a bit of luck thrown in.

    There were many of my peers these past 10 years who had lady luck staring them in the face many times but did not have the balls to go in and grab.

    Every once in a while you could find some real gems in the market, either underpriced in a good location, or at an unglamourous location that later became more popular and prices went up.� It is whether you wanted to or not.


  • 07 October 2013 - 04:37 PM
    Staff69

    you guys think bidadari HDB will be good location or not [sweatdrop]

    me needs to ensure my 1 roof will be prefect within my budget


  • 07 October 2013 - 04:56 PM
    Mockngbrd

    of cos good la, on top of cemetary is sure huat one


  • 07 October 2013 - 05:00 PM
    Staff69

    later 7 month just take lift up the flat [sweatdrop]�, don't even need to fly around


  • 07 October 2013 - 05:03 PM
    Soya

    you guys think bidadari HDB will be good location or not [sweatdrop]

    me needs to ensure my 1 roof will be prefect within my budget

    bidadari? ahemmm......u sure u realli wan RadX as ur neighbour 'below'?� [:p][laugh]


  • 07 October 2013 - 05:07 PM
    Staff69

    he ok lar...from what I heard about him, decent fellow........maybe every sunday can get free curry from him [lipsrsealed], I just bring baguette

    but heard he likes to hold boy's hands......errr.......not my cup of tea [:p]


    Edited by Staff69, 07 October 2013 - 05:08 PM.

  • 07 October 2013 - 05:58 PM
    Lala81

    My friend.

    To put simply, investing in properties involves money (holding power), stomach for risk taking as well as some acumen, with a bit of luck thrown in.

    There were many of my peers these past 10 years who had lady luck staring them in the face many times but did not have the balls to go in and grab.

    Every once in a while you could find some real gems in the market, either underpriced in a good location, or at an unglamourous location that later became more popular and prices went up.� It is whether you wanted to or not.

    No lah, I'm not whining. Like u said, easy money is come and gone. Glad that you guys are a step closer to financial freedom.

    Takes a lot of legwork to find a good buy.

    True. By mindset, i'm a conservative investor. Haha so just keep piling up the acorns lor.


    Nothing's much happening until closer to 17th october ...


  • 07 October 2013 - 06:00 PM
    RadX

    bidadari? ahemmm......u sure u realli wan RadX as ur neighbour 'below'?� [:p][laugh]

    knn..most prolly see you there, some old bomb not disposed....that is the real neighbor.... [bounce1][bounce1]


  • 07 October 2013 - 06:24 PM
    Viceroymenthol

    No lah, I'm not whining. Like u said, easy money is come and gone. Glad that you guys are a step closer to financial freedom.

    Takes a lot of legwork to find a good buy.

    True. By mindset, i'm a conservative investor. Haha so just keep piling up the acorns lor.


    Nothing's much happening until closer to 17th october ...

    Are you sure it is easy money?

    Ask Porker, Throttle2 etc other people who have experience in property investment.

    Other than finding a good property, what about: the downpayment, the financing, the risk and the uncertainty of holding the properties?� Easy money?� You think at the time we bought the properties, we had a crystal ball that tells us how much we will eventually make, how much we should sell at, etc ?

    No Sir, not easy money.� If you think it is easy money, you must have been listening to those con men who tell you that you can buy properties with no money down and make 1000% profit a few weeks later... bao jiak one....

    There is no free lunch in the world ok.


  • 07 October 2013 - 08:13 PM
    Throttle2

    Nothing compared to you, of course!


    I only got one property leh, the roof over my head.......


    *sob sob*
  • 07 October 2013 - 09:08 PM
    Viceroymenthol

    I only got one property leh, the roof over my head.......
    *sob sob*


    Ah but your one roof can buy 3 of mine...

    Unfortunately you cannot live under 1/3 of a roof
  • 07 October 2013 - 09:28 PM
    Throttle2

    Ah but your one roof can buy 3 of mine...
    Unfortunately you cannot live under 1/3 of a roof

    Cannot lah, unless yours is way under $1mil per roof?

    Anyway, like you say, the boat has gone out to sea for properties.
    People rushing in thinking they can make a bundle now are actually gonna face an uphill task of dipping prices and tougher financing. Both of which are complete opposites of what we experienced 2004-2008 and 2010 to current.

    Most recently someone who wanted to sell his house at $4.2mil is saying $3.8mil confirm deal now. Thats instantly 10% off asking price which is still too high looking at whats ahead.

    I cant help but be worried for my children and their generation, really.
    So i hope when we reach the bridge it will be there and not broken.....
    Maybe i'm just pessimistic i dont know.

    Good luck to all.

    Edited by Throttle2, 07 October 2013 - 09:37 PM.

  • 08 October 2013 - 12:29 AM
    Thaiyotakamli

    We are ready for 6.9M population, how to burst?

    http://ride.asiaone....dec-22?page=0,0

    As part of LTMP 2013, we will create more connections through the construction of two new rail lines and three new extensions. The rail network will be expanded every year from now till 2021, with more to come between 2020 and 2030. By 2030, the rail network will have doubled from the existing 178km to about 360km, and eight in 10 homes will be located within a 10-minute walk from a train station. In addition, buses will connect our commuters to even more places, with new bus routes added to our bus network. About 40 new bus services will have been introduced by the end of 2014, since the launch of the Bus Service Enhancement Programme in September 2012, and we will review what else can be done beyond that. - See more at: http://ride.asiaone....h.BX0i1ry9.dpuf


    Edited by Thaiyotakamli, 08 October 2013 - 12:30 AM.

  • 08 October 2013 - 10:16 AM
    Enye

    Cannot lah, unless yours is way under $1mil per roof?

    Anyway, like you say, the boat has gone out to sea for properties.
    People rushing in thinking they can make a bundle now are actually gonna face an uphill task of dipping prices and tougher financing. Both of which are complete opposites of what we experienced 2004-2008 and 2010 to current.

    Most recently someone who wanted to sell his house at $4.2mil is saying $3.8mil confirm deal now. Thats instantly 10% off asking price which is still too high looking at whats ahead.

    I cant help but be worried for my children and their generation, really.
    So i hope when we reach the bridge it will be there and not broken.....
    Maybe i'm just pessimistic i dont know.

    Good luck to all.

    your children come from privileged background and yet you are worried

    what about those children who are not as privileged?

    [sweatdrop]


    Edited by Enye, 08 October 2013 - 10:18 AM.

  • 08 October 2013 - 10:22 AM
    Throttle2

    your children come from privileged background and yet you are worried

    what about those children who are not as privileged?

    [sweatdrop]


    Aiyoh, bro, always got good got bad lah.
    Anyway tan chiat lang simi privileged?
  • 08 October 2013 - 10:47 AM
    Lala81

    Are you sure it is easy money?

    Ask Porker, Throttle2 etc other people who have experience in property investment.

    Other than finding a good property, what about: the downpayment, the financing, the risk and the uncertainty of holding the properties?� Easy money?� You think at the time we bought the properties, we had a crystal ball that tells us how much we will eventually make, how much we should sell at, etc ?

    No Sir, not easy money.� If you think it is easy money, you must have been listening to those con men who tell you that you can buy properties with no money down and make 1000% profit a few weeks later... bao jiak one....

    There is no free lunch in the world ok.

    Lol ok. everyone has different views. I'm not lee ka shing so i can't comment.�


  • 08 October 2013 - 11:31 AM
    Soya

    Lol ok. everyone has different views. I'm not lee ka shing so i can't comment.�

    eh.....u locler rite? confirm sure can pay full cash wat.�


  • 08 October 2013 - 11:39 AM
    Lala81

    eh.....u locler rite? confirm sure can pay full cash wat.�

    huh. full cash is only for Ah Sia Kia or people who work in finance lah. We also tan chiat lang what.

    Lol 1+ million cash. who so lich like u all...


  • 08 October 2013 - 11:51 AM
    Soya

    huh. full cash is only for Ah Sia Kia or people who work in finance lah. We also tan chiat lang what.

    Lol 1+ million cash. who so lich like u all...

    dun say me hor. i dun siao siao going ard to remind ppl i pay full cash all the time.�


  • 08 October 2013 - 12:46 PM
    Lala81

    http://www.channelne...ers/840134.html

    Lol guess no more danga bay, iskandar ads in the newspaper liao ?�


  • 08 October 2013 - 02:11 PM
    Viceroymenthol

    http://www.channelne...ers/840134.html

    Lol guess no more danga bay, iskandar ads in the newspaper liao ?�

    Malaysian govt can suka suka come up with any law and regulation they feel like.

    I think we all know that lah.

    But many Singaporean people are very funny.... Their memories are very short....


    huh. full cash is only for Ah Sia Kia or people who work in finance lah. We also tan chiat lang what.

    Lol 1+ million cash. who so lich like u all...

    People who work in finance will tell you coming up with full cash is pretty dumb.� Might as well pass the cash to them for them to manage and make more money for you.


    Lol ok. everyone has different views. I'm not lee ka shing so i can't comment.�

    I agree. To the uninitiated, property investing seems like a walk in the park - just put cash there, close eyes, and presto!� you made money!

    That is also the reason for the past few years, there were many suckers who kept buying those new OCR property launches at stupid prices.


    Cannot lah, unless yours is way under $1mil per roof?

    Anyway, like you say, the boat has gone out to sea for properties.
    People rushing in thinking they can make a bundle now are actually gonna face an uphill task of dipping prices and tougher financing. Both of which are complete opposites of what we experienced 2004-2008 and 2010 to current.

    Most recently someone who wanted to sell his house at $4.2mil is saying $3.8mil confirm deal now. Thats instantly 10% off asking price which is still too high looking at whats ahead.

    I cant help but be worried for my children and their generation, really.
    So i hope when we reach the bridge it will be there and not broken.....
    Maybe i'm just pessimistic i dont know.

    Good luck to all.

    Teach your children about the value of money, how money works and how to make more to secure themselves a comfortable life is all I can say.� We live in Singapore and really, nothing else matters.� You are a banker and should have no problems with teaching that. :D :D


  • 08 October 2013 - 02:25 PM
    Throttle2



    Malaysian govt can suka suka come up with any law and regulation they feel like.

    I think we all know that lah.
    But many Singaporean people are very funny.... Their memories are very short....


    People who work in finance will tell you coming up with full cash is pretty dumb.� Might as well pass the cash to them for them to manage and make more money for you.


    I agree. To the uninitiated, property investing seems like a walk in the park - just put cash there, close eyes, and presto!� you made money!

    That is also the reason for the past few years, there were many suckers who kept buying those new OCR property launches at stupid prices.


    Teach your children about the value of money, how money works and how to make more to secure themselves a comfortable life is all I can say.� We live in Singapore and really, nothing else matters.� You are a banker and should have no problems with teaching that. :D :D


    Choy choy dai ka lai see, i am not banker, only a wiper.
    I hate bankers.

    Of course i will teach them value of money.
    But how to make more i not qualified to teach.

    We live in Singapore thats why other things must start to matter or we become zombies like all those bankers in Raffles place.
  • 08 October 2013 - 02:29 PM
    Mockngbrd

    i want to be a banger, not a banker...


  • 08 October 2013 - 02:33 PM
    RH1667

    All of you very good.

    All� tan chiat lang..........I only tan-bo-eng! [furious][furious][furious]


  • 08 October 2013 - 03:14 PM
    Soya

    i want to be a banger, not a banker...

    RadX oso wanted to be both. But he turned out to be bangla instead........., [laugh][laugh]


  • 08 October 2013 - 07:11 PM
    Thaiyotakamli

    http://www.channelne...ers/840134.html

    Lol guess no more danga bay, iskandar ads in the newspaper liao ?�


    I find if 4-5% still in acceptable range as most countries buyer stamp duty in this range, no??
  • 08 October 2013 - 07:12 PM
    Porker


    People who work in finance will tell you coming up with full cash is pretty dumb.� Might as well pass the cash to them for them to manage and make more money for you.


    I've been trying to tell that to people for the longest time and I meant no disrespect to my friend Throttle for choosing otherwise.

    Each individual has their own plan.

    Why pay in full when my reserves can generate over and above the loan interest charged by banks :D
  • 08 October 2013 - 07:21 PM
    OmOm

    There are merits in either approach.

    Staying vested means that there will be losses sustained when the global economy suddenly tanks. These losses can effectively wipe out any returns that one may have made in the good years.

    Holding cash means there is gradual but unavoidable erosion of purchasing power due to inflation and the very nature of fiat currency.

    The hybrid approach is probably what Throttle practises - staying vested in good times and liquidating most holdings into cash when the tides are changing. However this requires plenty of intuition, experience and being very disciplined.


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