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Guest
on 14 May 08 11:21 am
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Over last weekend, flip newspaper again to look for property.. I realised that advertisement is getting lesser & lesser. Dist 1-8 use to be almost 3 page full, now only 1-2 pages. Dist 9-10, 11-21 also much lesser & same to others. Seems that not many sellers willing to sell their house.
So went to view Raintree at Up Bt. Timah, some unit quite keen but was sold or seller not willing to neg much.
Today went Varsity Pk at West Coast to take a comparison, the unit I have seen, the agent informed me just sold tonite, eventhrough I have made an offer this afternoon. Over there, I saw some advertisement hanging on the unit, out of about 4 that I called, 2 already sold. Other than that the better facing not many are selling.
It seems like the market is moving again & I realise that the price is also transacted higher. I just couldn't get any good deal.  |
Well, after the above I finally bought the Raintree. I realised that price are climbing on this project which I'm interested in, so I do not want to wait thinking the market will go down. Heard from recent few buyers who bought it now is above $800psf, which is up from recent transacted price of $700+psf.
Thanks for reading. |
thanks for update in your district that u have brought.....in fact quite a number of my friend who is holding prime district property are not willing to let go at cheap price.... they have set their target market price and not willing to nego.....if they want to buy.... by all means..... if not let them wait.....seller holding strong cash.... they have make alot of money from stock market in 2007....property seller know where they stand....  |
that why it is holding strongly ... |
While negoitating with the Raintree owner, I thought I can try Varsity Park Condo to see I can get good deal over the Raintree as both projects is almost the same price in term of psf.. but good unit at Varsity Pk sold out faster than I expected.. so no choice but to grab the Raintree with little negoitation. |
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Guest
on 14 May 08 1:15 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Over last weekend, flip newspaper again to look for property.. I realised that advertisement is getting lesser & lesser. Dist 1-8 use to be almost 3 page full, now only 1-2 pages. Dist 9-10, 11-21 also much lesser & same to others. Seems that not many sellers willing to sell their house.
So went to view Raintree at Up Bt. Timah, some unit quite keen but was sold or seller not willing to neg much.
Today went Varsity Pk at West Coast to take a comparison, the unit I have seen, the agent informed me just sold tonite, eventhrough I have made an offer this afternoon. Over there, I saw some advertisement hanging on the unit, out of about 4 that I called, 2 already sold. Other than that the better facing not many are selling.
It seems like the market is moving again & I realise that the price is also transacted higher. I just couldn't get any good deal. |
Well, after the above I finally bought the Raintree. I realised that price are climbing on this project which I'm interested in, so I do not want to wait thinking the market will go down. Heard from recent few buyers who bought it now is above $800psf, which is up from recent transacted price of $700+psf.
Thanks for reading. |
thanks for update in your district that u have brought.....in fact quite a number of my friend who is holding prime district property are not willing to let go at cheap price.... they have set their target market price and not willing to nego.....if they want to buy.... by all means..... if not let them wait.....seller holding strong cash.... they have make alot of money from stock market in 2007....property seller know where they stand.... |
that why it is holding strongly ... |
While negoitating with the Raintree owner, I thought I can try Varsity Park Condo to see I can get good deal over the Raintree as both projects is almost the same price in term of psf.. but good unit at Varsity Pk sold out faster than I expected.. so no choice but to grab the Raintree with little negoitation. |
Ya, me too. I was at VP for the last 3 weekends and for those good units, owners are now asking for high PSF. My wife and myself really like the vast greenery and resort feel. Hope this weekend, we can get something before they are sold again. Am looking for a 2 bedder facing the main pool. Agent told me not a single 2 bedder unit is on sale.  |
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Guest
on 15 May 08 8:55 am
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Over last weekend, flip newspaper again to look for property.. I realised that advertisement is getting lesser & lesser. Dist 1-8 use to be almost 3 page full, now only 1-2 pages. Dist 9-10, 11-21 also much lesser & same to others. Seems that not many sellers willing to sell their house.
So went to view Raintree at Up Bt. Timah, some unit quite keen but was sold or seller not willing to neg much.
Today went Varsity Pk at West Coast to take a comparison, the unit I have seen, the agent informed me just sold tonite, eventhrough I have made an offer this afternoon. Over there, I saw some advertisement hanging on the unit, out of about 4 that I called, 2 already sold. Other than that the better facing not many are selling.
It seems like the market is moving again & I realise that the price is also transacted higher. I just couldn't get any good deal. |
Well, after the above I finally bought the Raintree. I realised that price are climbing on this project which I'm interested in, so I do not want to wait thinking the market will go down. Heard from recent few buyers who bought it now is above $800psf, which is up from recent transacted price of $700+psf.
Thanks for reading. |
thanks for update in your district that u have brought.....in fact quite a number of my friend who is holding prime district property are not willing to let go at cheap price.... they have set their target market price and not willing to nego.....if they want to buy.... by all means..... if not let them wait.....seller holding strong cash.... they have make alot of money from stock market in 2007....property seller know where they stand.... |
that why it is holding strongly ... |
While negoitating with the Raintree owner, I thought I can try Varsity Park Condo to see I can get good deal over the Raintree as both projects is almost the same price in term of psf.. but good unit at Varsity Pk sold out faster than I expected.. so no choice but to grab the Raintree with little negoitation. |
Ya, me too. I was at VP for the last 3 weekends and for those good units, owners are now asking for high PSF. My wife and myself really like the vast greenery and resort feel. Hope this weekend, we can get something before they are sold again. Am looking for a 2 bedder facing the main pool. Agent told me not a single 2 bedder unit is on sale. |
correct selectively 2 bedder is amony the top popular choice, at the price u paid for is a godd value buy.... |
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Guest
on 15 May 08 9:39 am
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Over last weekend, flip newspaper again to look for property.. I realised that advertisement is getting lesser & lesser. Dist 1-8 use to be almost 3 page full, now only 1-2 pages. Dist 9-10, 11-21 also much lesser & same to others. Seems that not many sellers willing to sell their house.
So went to view Raintree at Up Bt. Timah, some unit quite keen but was sold or seller not willing to neg much.
Today went Varsity Pk at West Coast to take a comparison, the unit I have seen, the agent informed me just sold tonite, eventhrough I have made an offer this afternoon. Over there, I saw some advertisement hanging on the unit, out of about 4 that I called, 2 already sold. Other than that the better facing not many are selling.
It seems like the market is moving again & I realise that the price is also transacted higher. I just couldn't get any good deal. |
Well, after the above I finally bought the Raintree. I realised that price are climbing on this project which I'm interested in, so I do not want to wait thinking the market will go down. Heard from recent few buyers who bought it now is above $800psf, which is up from recent transacted price of $700+psf.
Thanks for reading. |
thanks for update in your district that u have brought.....in fact quite a number of my friend who is holding prime district property are not willing to let go at cheap price.... they have set their target market price and not willing to nego.....if they want to buy.... by all means..... if not let them wait.....seller holding strong cash.... they have make alot of money from stock market in 2007....property seller know where they stand.... |
that why it is holding strongly ... |
While negoitating with the Raintree owner, I thought I can try Varsity Park Condo to see I can get good deal over the Raintree as both projects is almost the same price in term of psf.. but good unit at Varsity Pk sold out faster than I expected.. so no choice but to grab the Raintree with little negoitation. |
Yeah, I notice mkt is moving again, price also begin to pick-up.
I just couldn't get any cheap deal, next moment the unit was sold to other buyers.  |
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Guest
on 15 May 08 10:58 am
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| can anyone tell me a 1076sqft old walkup apt apt at macpherson area selling price should be at how much?? |
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Guest
on 15 May 08 3:33 pm
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| Anonymous wrote: | | can anyone tell me a 1076sqft old walkup apt apt at macpherson area selling price should be at how much?? |
around 600 psf |
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Guest
on 16 May 08 9:41 am
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| wtf is happening. Prices are supposed to have DECREASED but adverts in newspapers show they are INCREASING |
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Guest
on 16 May 08 9:59 am
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| Anonymous wrote: | | wtf is happening. Prices are supposed to have DECREASED but adverts in newspapers show they are INCREASING |
You can't just base on newspaper. You should try go bargain hunting around, then you can feel the price is moving up or down.
For the past 2 mths till now, I still couldn't get any good deal & in fact price seems going up further. Recently, even lesser advertisement & not many units are selling in the market, so even end up many interested buyers going for one good unit. |
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Guest
on 16 May 08 10:04 am
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is like that leh
ppl want to buy cheap
ppl dun want to sell cheap
so end up cheapo buyers cant buy anything at all
Same theory if cant afford a BMW
will wait and wait for the price to drop a lot
but in the end is still a waiting game |
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Guest
on 16 May 08 11:58 am
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| Anonymous wrote: | | Anonymous wrote: | | wtf is happening. Prices are supposed to have DECREASED but adverts in newspapers show they are INCREASING |
You can't just base on newspaper. You should try go bargain hunting around, then you can feel the price is moving up or down.
For the past 2 mths till now, I still couldn't get any good deal & in fact price seems going up further. Recently, even lesser advertisement & not many units are selling in the market, so even end up many interested buyers going for one good unit. |
Yes, the news has already shown that the price is dropping. Most smart buyers can wait longer. With deferred payment scheme gone, the possibility of speculation has reduced and the hidden agenda is lesser which is good. Thanks for letting us know about the dirty trips of the sellers.
We are all prepared for the excitment. The shock is probably from the rest of the greedy speculators who tagged along with the developers who have lots of hot potatoes with them. |
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Guest
on 16 May 08 12:15 pm
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| Anonymous wrote: | | Anonymous wrote: | | can anyone tell me a 1076sqft old walkup apt apt at macpherson area selling price should be at how much?? |
around 600 psf |
I think is around 450 psf, macpherson area should not cost that much. |
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Guest
on 16 May 08 1:26 pm
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too bad to followers
IMF chief already reported today that the worse
finanicail crisis is over, go watch CNA news
hahaha
slowly
followers will one by one missing from here |
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Guest
on 16 May 08 2:03 pm
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| Anonymous wrote: | too bad to followers
IMF chief already reported today that the worse
finanicail crisis is over, go watch CNA news
hahaha
slowly
followers will one by one missing from here |
Financial crisis is over? We are only seeing the tip of the iceberg. Which planet do you hail from? |
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Guest
on 16 May 08 2:24 pm
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| GIC says sub-prime crisis beginning to hurt Asian property m |
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| SINGAPORE: The US sub-prime crisis has begun to hurt Asian property markets, the real estate investment arm of the Government of Singapore Investment Corporation (GIC) said at the FT Asia Property Summit on Thursday. |
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Guest
on 16 May 08 2:55 pm
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| Re: GIC says sub-prime crisis beginning to hurt Asian proper |
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| Anonymous wrote: | | SINGAPORE: The US sub-prime crisis has begun to hurt Asian property markets, the real estate investment arm of the Government of Singapore Investment Corporation (GIC) said at the FT Asia Property Summit on Thursday. |
GIC invest everywhere except for Singapore ga. If GIC invest in Singapore property, they would have said everywhere is down except for Singapore.  |
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Guest
on 16 May 08 8:13 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | wtf is happening. Prices are supposed to have DECREASED but adverts in newspapers show they are INCREASING |
You can't just base on newspaper. You should try go bargain hunting around, then you can feel the price is moving up or down.
For the past 2 mths till now, I still couldn't get any good deal & in fact price seems going up further. Recently, even lesser advertisement & not many units are selling in the market, so even end up many interested buyers going for one good unit. |
Yes, the news has already shown that the price is dropping. Most smart buyers can wait longer. With deferred payment scheme gone, the possibility of speculation has reduced and the hidden agenda is lesser which is good. Thanks for letting us know about the dirty trips of the sellers.
We are all prepared for the excitment. The shock is probably from the rest of the greedy speculators who tagged along with the developers who have lots of hot potatoes with them. |
But the news if always far behind? Even if is picking up, the news will comes in later again. Now I begin to feel the mass market is moving, still couldn't get a cheap deal.
But most of the new projects I've seen so far, the banks are offering me deferred payment leh, how come you said is gone?? |
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Guest
on 16 May 08 8:14 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | wtf is happening. Prices are supposed to have DECREASED but adverts in newspapers show they are INCREASING |
You can't just base on newspaper. You should try go bargain hunting around, then you can feel the price is moving up or down.
For the past 2 mths till now, I still couldn't get any good deal & in fact price seems going up further. Recently, even lesser advertisement & not many units are selling in the market, so even end up many interested buyers going for one good unit. |
Yes, the news has already shown that the price is dropping. Most smart buyers can wait longer. With deferred payment scheme gone, the possibility of speculation has reduced and the hidden agenda is lesser which is good. Thanks for letting us know about the dirty trips of the sellers.
We are all prepared for the excitment. The shock is probably from the rest of the greedy speculators who tagged along with the developers who have lots of hot potatoes with them. |
But the news are always behind? Even if is picking up now, the news will comes in later again. But now I already begin to feel the mass market is moving, yet still couldn't get a cheap deal.
But most of the new projects I've seen so far, the banks are offering me deferred payment leh, how come you said is gone?? |
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Guest
on 16 May 08 9:14 pm
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| Re: GIC says sub-prime crisis beginning to hurt Asian proper |
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| Anonymous wrote: | | Anonymous wrote: | | SINGAPORE: The US sub-prime crisis has begun to hurt Asian property markets, the real estate investment arm of the Government of Singapore Investment Corporation (GIC) said at the FT Asia Property Summit on Thursday. |
GIC invest everywhere except for Singapore ga. If GIC invest in Singapore property, they would have said everywhere is down except for Singapore. |
Published May 16, 2008
Interest in Asian property seen growing
GIC Real Estate says weaker market favours those taking strategic position
(SINGAPORE) The sub-prime crisis may have affected Asian property markets, but interest in the sector is likely to grow. The Government of Singapore Investment Corp's (GIC) real estate arm is also confident about investment opportunities going forward.
'There is plenty to go around - we will all have fun competing,' said president of GIC Real Estate Seek Ngee Huat at a property conference yesterday.
Going by the pace at which real estate projects are emerging in Asian cities, Dr Seek believed that there would be a continuous supply to meet different risk-return appetites.
Dr Seek recognised that the sub-prime crisis has weakened Asian markets, particularly Japan and Australia. 'The contagion effects of the sub-prime crisis . . . can potentially accelerate the downward spin of the current cycle,' he said.
Nevertheless, the outlook for the property market was not entirely bleak. 'Weak markets favour those who have capacity to take a strategic position,' Dr Seek said. 'The sub-prime meltdown presents threats but there are also opportunities.'
And many around the world are likely to see investment opportunities in Asian property markets as well. 'Massive build-up of investment funds in the world, coupled with the attraction of Asia as a growth region of the future, will ensure continuous global interest in Asian real estate,' said Dr Seek. He pointed out that this will inevitably lead to greater competition............... |
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Guest
on 16 May 08 9:15 pm
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| Re: GIC says sub-prime crisis beginning to hurt Asian proper |
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| Anonymous wrote: | | Anonymous wrote: | | SINGAPORE: The US sub-prime crisis has begun to hurt Asian property markets, the real estate investment arm of the Government of Singapore Investment Corporation (GIC) said at the FT Asia Property Summit on Thursday. |
GIC invest everywhere except for Singapore ga. If GIC invest in Singapore property, they would have said everywhere is down except for Singapore. |
Published May 16, 2008
Interest in Asian property seen growing
GIC Real Estate says weaker market favours those taking strategic position
(SINGAPORE) The sub-prime crisis may have affected Asian property markets, but interest in the sector is likely to grow. The Government of Singapore Investment Corp's (GIC) real estate arm is also confident about investment opportunities going forward.
'There is plenty to go around - we will all have fun competing,' said president of GIC Real Estate Seek Ngee Huat at a property conference yesterday.
Going by the pace at which real estate projects are emerging in Asian cities, Dr Seek believed that there would be a continuous supply to meet different risk-return appetites.
Dr Seek recognised that the sub-prime crisis has weakened Asian markets, particularly Japan and Australia. 'The contagion effects of the sub-prime crisis . . . can potentially accelerate the downward spin of the current cycle,' he said.
Nevertheless, the outlook for the property market was not entirely bleak. 'Weak markets favour those who have capacity to take a strategic position,' Dr Seek said. 'The sub-prime meltdown presents threats but there are also opportunities.'
And many around the world are likely to see investment opportunities in Asian property markets as well. 'Massive build-up of investment funds in the world, coupled with the attraction of Asia as a growth region of the future, will ensure continuous global interest in Asian real estate,' said Dr Seek. He pointed out that this will inevitably lead to greater competition............... |
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Guest
on 16 May 08 9:21 pm
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| Yes it is a good time to invest in mass market. the prices are slipping and is a good time for long term investment when the property boom will start...say 6-7 years down the road |
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