Billionaire investor George Soros has given his gloomiest assessment of the state of the US and world economies.
He told BBC business editor Robert Peston that the "acute phase" of the credit crunch may be over but effects on the real economy are yet to be felt.
He warned the "financial bubble" of the last 25 years could be drawing to an end and the post World War II "super-boom" era could also be over.
He predicted a "more severe and longer" US slowdown than most people expect.
And he said that the UK was worse-placed than America to weather the coming economic storm, because it had such a large financial sector and has had the biggest increase in house prices.
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
how to afford to buy condo,,,, HDB flat also got problem....ya lah just pay yr month rental....
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
how to afford to buy condo,,,, HDB flat also got problem....ya lah just pay yr month rental....
Talk so much for what....still cannot sell right just pay the bank lah
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
how to afford to buy condo,,,, HDB flat also got problem....ya lah just pay yr month rental....
If you want to keep your property, nobody will stop you. If you make money, good for you and you can celebrate with your family and friends. If you're really happy with you investment, why get so worked up here?
There's no need to shout so loudly on this forum just to get people to join you in your shit-hole
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
how to afford to buy condo,,,, HDB flat also got problem....ya lah just pay yr month rental....
If you want to keep your property, nobody will stop you. If you make money, good for you and you can celebrate with your family and friends. If you're really happy with you investment, why get so worked up here?
There's no need to shout so loudly on this forum just to get people to join you in your shit-hole
why u so angry... lost money in share and property hah...??? .told u property investment is long term investment and not for small fly....like u....
i received another call today from buyer who wanted to buy cheapo property...asking how much am i selling.... i ask her what is her offer.... she mention that "i thought your property selling at $850,000 ??"... i told her where got $850,000... now the price has increased to $1,000,000 !!! i have brought my property cheap... doesn't mean that i need to sell cheap.... buyer still searching for cheap property.....good luck and all the best !!
Good luck to you ....all the best $850K or $1 Million.....end of the day still cannot sell right
even $200,000, u big time MISS that BOAT, still cannot afford....just continue pay your rental for me to stay in condo.... lah...
$200K also no takers, just worry and pay your loan long long loh
BIG TIME MISS THE BOAT DIE DIE want to join property forum some more private property forum.... cannot afford mean cannot afford lah.... don't force yr self...there are alot more HDB property forum...or the kid forum selling stamps with all kids maybe u can make some money.....
ya lah u small kids... no matter how u cut&paste, property price still maintain or increase, u still cannot afford to buy condo....just pay your rental every month..
how to afford to buy condo,,,, HDB flat also got problem....ya lah just pay yr month rental....
If you want to keep your property, nobody will stop you. If you make money, good for you and you can celebrate with your family and friends. If you're really happy with you investment, why get so worked up here?
There's no need to shout so loudly on this forum just to get people to join you in your shit-hole
why u so angry... lost money in share and property hah...??? .told u property investment is long term investment and not for small fly....like u....
see ppl make money not happy hah.... eye red red allmost pop out hah....
really true that rental went up by about 20% in some areas within the last three months
Everyone keeping their house units empty to sell. Rentals will keep increasing. Prices will be driven by rents and this support in price will last for a while. Prices won't go down but won't go up as well until the US show signs of improving.
really true that rental went up by about 20% in some areas within the last three months
Everyone keeping their house units empty to sell. Rentals will keep increasing. Prices will be driven by rents and this support in price will last for a while. Prices won't go down but won't go up as well until the US show signs of improving.
No wonder till now I still could find a cheap unit in the mass market.
After so many months you still hate flippers.. to me it seems that you still haven't found your dream home at your dream price.. you don't have patience to wait is it..
After so many months you still hate flippers.. to me it seems that you still haven't found your dream home at your dream price.. you don't have patience to wait is it..
Prices are rising....in your dreams only lah....just worry how to service your loan lah....Go ahead live in your dream world and dream home maybe tonight in your dream someone will be knocking at your door to buy your condo.......Fat hope ....wake up no takers
When major condo developments start to TOP, we will see the ultimate collapse of the property market
When The Sail, RiverGates, Cosmopolitan etc start to TOP, lets witness how successful they wil be in getting new tenants to pay 5% rental returns. If they cant, then be prepared of a major collapse in the property market here. Imagine a 2-bedroom The Sail asking price is S$2.2 million but rental returns can get only $6,500 per month (I am using a benchmark maximum on how much a small 2 bedroom (900 sq.ft) can demand in prime district). That means a pathetic 3.5% rental returns. Lower than the current inflation rate.
Cause the existing asking prices are unrealistic when we ourselves know that rental returns cannot go up anymore to the roof. In fact, rental is going down. No decent investor will even consider purchase anymore when ROI is less than 4% per year. There are so many other countries with much higher ROIs. Only idiots will buy now.
Even if sellers reduce their prices by 10-20%, their condos are still unattractive for buyers. They need to cut it down by 40% to make the genuine buyers come back.
When major condo developments start to TOP, we will see the ultimate collapse of the property market
When The Sail, RiverGates, Cosmopolitan etc start to TOP, lets witness how successful they wil be in getting new tenants to pay 5% rental returns. If they cant, then be prepared of a major collapse in the property market here. Imagine a 2-bedroom The Sail asking price is S$2.2 million but rental returns can get only $6,500 per month (I am using a benchmark maximum on how much a small 2 bedroom (900 sq.ft) can demand in prime district). That means a pathetic 3.5% rental returns. Lower than the current inflation rate.
Cause the existing asking prices are unrealistic when we ourselves know that rental returns cannot go up anymore to the roof. In fact, rental is going down. No decent investor will even consider purchase anymore when ROI is less than 4% per year. There are so many other countries with much higher ROIs. Only idiots will buy now.
Even if sellers reduce their prices by 10-20%, their condos are still unattractive for buyers. They need to cut it down by 40% to make the genuine buyers come back.
wow so clever
well say!!!
why not put your number here so that we can ask u for more advice
When major condo developments start to TOP, we will see the ultimate collapse of the property market
When The Sail, RiverGates, Cosmopolitan etc start to TOP, lets witness how successful they wil be in getting new tenants to pay 5% rental returns. If they cant, then be prepared of a major collapse in the property market here. Imagine a 2-bedroom The Sail asking price is S$2.2 million but rental returns can get only $6,500 per month (I am using a benchmark maximum on how much a small 2 bedroom (900 sq.ft) can demand in prime district). That means a pathetic 3.5% rental returns. Lower than the current inflation rate.
Cause the existing asking prices are unrealistic when we ourselves know that rental returns cannot go up anymore to the roof. In fact, rental is going down. No decent investor will even consider purchase anymore when ROI is less than 4% per year. There are so many other countries with much higher ROIs. Only idiots will buy now.
Even if sellers reduce their prices by 10-20%, their condos are still unattractive for buyers. They need to cut it down by 40% to make the genuine buyers come back.
It will be nightmare for those born losers stuck at the peak ....cannot sell their condo