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Guest
on 30 May 08 7:26 pm
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| people around me all try to get out of the property market. some even said "sell down". |
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Guest
on 30 May 08 10:25 pm
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| Anonymous wrote: | | people around me all try to get out of the property market. some even said "sell down". |
What is meaning of sell down or sell up? |
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Guest
on 31 May 08 2:14 am
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| Anonymous wrote: | | Anonymous wrote: | | people around me all try to get out of the property market. some even said "sell down". |
What is meaning of sell down or sell up? |
sell down means sell whatever property u own.... like DIVA FOLLOWER rent other ppl sinking boat.... |
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Guest
on 31 May 08 2:15 am
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | people around me all try to get out of the property market. some even said "sell down". |
What is meaning of sell down or sell up? |
sell down means sell whatever property u own.... like DIVA FOLLOWER rent other ppl sinking boat.... |
no wonder my sinking boat in HOT demand.... |
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Guest
on 31 May 08 8:47 am
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| Anonymous wrote: | The market forces is against the property cycle this time round, with high inflation, high cost of living ever increasing fuel prices....slowdown in the semiconductor and manufacturing industry...the up cycle has stalled and property prices have peaked.....
It's best to bail out now before it's too late, I guess that what some forumers is referring to as "Abandon Ship"
Just my 2 cents. Cheers |
Times is getting from bad to worst......sales is down to a trickle....I have put up my condo for sale for the past 8 mths but still no takers  |
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Guest
on 31 May 08 6:07 pm
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| Anonymous wrote: | | Anonymous wrote: | The market forces is against the property cycle this time round, with high inflation, high cost of living ever increasing fuel prices....slowdown in the semiconductor and manufacturing industry...the up cycle has stalled and property prices have peaked.....
It's best to bail out now before it's too late, I guess that what some forumers is referring to as "Abandon Ship"
Just my 2 cents. Cheers |
Times is getting from bad to worst......sales is down to a trickle....I have put up my condo for sale for the past 8 mths but still no takers |
Yep, I'm in the same boat with you |
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Guest
on 31 May 08 8:18 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | The market forces is against the property cycle this time round, with high inflation, high cost of living ever increasing fuel prices....slowdown in the semiconductor and manufacturing industry...the up cycle has stalled and property prices have peaked.....
It's best to bail out now before it's too late, I guess that what some forumers is referring to as "Abandon Ship"
Just my 2 cents. Cheers |
Times is getting from bad to worst......sales is down to a trickle....I have put up my condo for sale for the past 8 mths but still no takers |
Yep, I'm in the same boat with you |
How much are you asking for? if you can wait it out, go ahead. If not, reduce your price and expectations and the market may see some action. |
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Guest
on 31 May 08 9:31 pm
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| If it is for your own stay, better to hold instead of trying to catch the last 10-20% downmove. If this was a speculative investment, get out at the first price...else you will end up getting out at the bottom. |
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Guest
on 31 May 08 9:55 pm
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| i wonder how does a 15 million condo look like. |
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Guest
on 31 May 08 10:07 pm
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| It looks like a sunk boat with only the paddles (rental) to be seen, rest under water !! |
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Guest
on 01 Jun 08 12:27 am
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Sounds like mostly poor ppl making the comments over here...
nothing constructive... |
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Guest
on 01 Jun 08 12:28 am
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Anyone with deep financial knowledge and hindsight kindly shed some lights??
After we sold our properties, what to do next with our $? |
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Guest
on 01 Jun 08 1:04 am
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| Anonymous wrote: | Anyone with deep financial knowledge and hindsight kindly shed some lights??
After we sold our properties, what to do next with our $? |
you can keep in bank and put in FD, or buy another property. Or you can donate to people who need money like quake victims or to me.  |
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Guest
on 01 Jun 08 10:00 am
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Property has peaked means no sense to buy now anymore.. + so many bad news .. so no buyers but developers still have 60% unsold units and some more coming .. HOW???
Don't know if foreigners are still coming leh but vacancy rate has increased ... means got units not able to rent anymore .. one month vacant means 10% off return already .. even if rental doesn't drop as much .. landlords' earnings have dropped with the vacant period in the calculation ... lower return means lower holding power, also means not attractive to buy unless price drop loh .. |
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Guest
on 01 Jun 08 11:13 am
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Pls post all the gd lobangs here..be it rental or sales...
Help all ur fellow followers to buy or rent a plc cheap cheap lar!
Just come here n voice out ur complains and anger over high prices for what? U all shd help all ur fellow followers who have missed the boat wat |
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Guest
on 01 Jun 08 11:18 am
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| water front 60% unsold more agents than cust. told me 8% discount but actually same price aS PREVIOUS TRANSACT trying to con me and if really interested price is still slightly neg. |
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Guest
on 02 Jun 08 7:39 am
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Fri May 30, 2008
Ottawa, Ontario (AFP) - Canada's economy stumbled in the first quarter of the year as activity contracted 0.1 percent, marking the first decline in almost five years, a government report showed Friday.
The slight quarter-over-quarter decline confounded most analysts' expectations of a modest rise after the economy grew a meager 0.2 percent in the last quarter of 2007.
On an annualized basis, the decline represented a 0.3 percent pace of decline in gross domestic product (GDP), according to Statistics Canada.
Canada became the first of the major industrialized economies to turn negative in the face of a global credit squeeze stemming from a meltdown in the U.S. real estate market.
Canada's central bank has slashed its key interest rate in recent months and warned that economic troubles in the United States, its biggest trading partner, would have a knock-on-effect on Canada.
Exports of Canadian goods and services declined for the third straight quarter while imports fell for the first time since the fourth quarter of 2006, partly as Canadians purchased less foreign-made consumer goods, the government report showed.
The report also showed that bad weather contributed to keeping activity in the housing market suppressed. |
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Guest
on 02 Jun 08 9:06 am
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Canada property market affecting us mehh? If you say USA property market then maybe lah since Spore and USA buddy buddy.
btw, Diva Singhh say property prices go down wor, not up. |
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Guest
on 02 Jun 08 9:47 am
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went to check out a 2+1 HDB at whampoa drive this weekend (next to balesiter). Seems like there is still a lot of demand. I go there and there are at least 6 other people viewing this "apartment" which looks more like a shithole then anything else.
The bottom line is that there is still a lot of demand. This confuses me as prices are set to drop but I guess its property prices not rentals. I am hoping for a crash because this whole property surge caused me to lose my apartment where I stayed for 5 years and has ruined the last 6 months of my life by forcing me to stay in a much less convenient location. |
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Guest
on 02 Jun 08 10:00 am
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New HDB flats priced too high
I READ with interest news on the Housing Board website on the new build-to-order (BTO) projects launched in Punggol and Sengkang.
However, I am astounded by the high prices of the four- and five-room flats. The five-room premium flats in the Punggol Sapphire BTO project are selling at between $330,000 and $400,000. These prices are comparable to the new flats on sale in mature estates just two years ago.
They cost almost $100,000 more, or an almost 50per cent jump, than similar flats in Punggol just two to three years ago.
By pricing the units so high, is HDB not further stoking the inflationary trend of home prices?
Ho Koon Woei
Source : Straits Times - 2 June 2008 |
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