Price increasing for singapore property !

Guest · on *29 Jun 08 11:17 am*

As usual, watch what I said over 9-mths ago:

The previous major resistant was somewhere in 2600-2700 level which was the previous peak in (Yr1994)(Yr1996)(Yr2000)... This resistant has been rise gradually close to 2800. This resistant was broken in end 2006... And only then we saw a suddenly surge in property market in Feb/Mar 07 just after CNY. (just like a turbo spinning to gather its power.. without you knowing it till you have a sudden surge of power in the car once the turbo kicks in)

Since the major resistant was broken, its now become a major support of the whole upswing. So now the STI already entering into a new zone of 28XX to 39XX.
28XX became a major support now & 39XX became a major resistant now. Both will rise gradually & thats why some analysis predicted it will reach 4000 level when its going to try for the 2nd time.

So as long as STI remain above at this major support (2800 level)... thats isn't much adjustment to our property market! If later STI started to climb.. you still don't believe.. till above 3500.. 3600 level.. then is too late for you if you still hoping for any correction in property market, even for the next few years.. at least!! Wink

Guest · on *02 Jul 08 11:39 am*

read the papers HEADLINES - HDB rising Private rising! 4.4 and 04! YEAH!

then read the FINE PRINTS - the rise is slowing down.... ie... the bladdy property market is going reverse gear liao!

here's the best bit (they hide it way below in one sentence):

"About 42,700 units of the supply in the pipeline (or 63 per cent) have not been sold by developers yet."

HA! Good luck to the resellers! You've desperate developers dying to offload 42,700 units to compete with!

AND don't you just love how our considerate ga'ment soften the mega property plunge that's coming...

makes you smile.

Guest · on *02 Jul 08 8:51 pm*

Guest · on *02 Jul 08 9:16 pm*

Guest · on *03 Jul 08 1:19 pm*

Dow Will Sink Below 10,000: Strategist
By CNBC.com | 02 Jul 2008 | 10:22 AM ET

Investors should ignore recent signs of strength and face up to the fact that we will face a prolonged bear market, John Carter, president of Trade The Markets, told CNBC Wednesday.

"Longer term we’re looking at a market that is a bear market," Carter told "Squawk Box Europe."

While we can expect a rally over the next three to five weeks, this is a downward spiral that is not going away any time soon, he said.

"A trend is a trend until it ends, and we’re actually looking for the Dow to take out 10,000 by the end of the year," he added.

There are too few sectors holding the markets up, and too many dragging it down, to consider getting back into non-recession-proof sectors, according to Carter.

"A large percentage [of sectors], like financials, are getting hammered. A lot of the darlings of the past are going to get taken out back and get shot," he said.

Hugh Hendry, partner at Eclectica, also sees few signs that the outlook is picking up for the US economy.

"I think we have to recognize the recessionary forces that are bringing to bear," Hendry told CNBC. "Don't fight that, just go with the flow of the relative momentum."

Hendry said the outlook is particularly bleak for financial and technology stocks -- the two largest components of the S&P 500 -- which he said have both seen a bubble.

"When a sector becomes infected by a bubble…what history reveals is it takes 25 years to regain the highs that we saw in real terms," he said.

When it comes to fighting a U.S. downturn, now is the time to relocate assets into gold and oil, preferably through an ETF tied to the direct price of the commodity, Carter said.

He also said investors should be looking to buy into over-achievers.

"The nice thing is when you get a really down market like this the stars shine out … and when the overall market turns around, that's where you’re going to put your money," Carter said.

“I would much rather buy stocks that are near their highs in an environment like this than try to bottom-fish."

Hendry took the view that in a sustained market downturn, successful investing requires looking for more unconventional assets such as agriculture that have the potential to outperform the market.

"I think the most important thing to know is you don’t have to short this market," Hendry said.

"If you want to stay involved the most important thing is make sure the stock you own is trending higher vis-à-vis the marketplace."

Guest · on *04 Jul 08 6:06 pm*

There is a reason behind this resistance - unlike the past, and the reason is because we are in a very different times - the vast potential technology, the newly formed Chinese and Indian markets, and the still greatly untapped 3rd world - all points towards a rosier future.

It is still NOT a bear market yet, there is still demand and supply is still limited, and there is still profit to be made.

ie. On the local front, Singaporeans are still making good money. They can still afford whatever price rises there are... still a lot of room to make more money. So don't fall for the trap of the naysayers, it's not doom and gloom, normally there would, but this world has changed a lot since the last recession, it's stronger and more flexible and capable to adjust without drastic rise and fall.

Guest · on *06 Jul 08 8:58 am*

singapore property price has taken a rest now for a longer upturn....with the foundermental right, it is just a matter of time for another up run.......

Razz

Guest · on *06 Jul 08 9:14 am*

Guest · on *06 Jul 08 4:14 pm*

Guest · on *06 Jul 08 4:21 pm*

Guest · on *06 Jul 08 4:30 pm*

High End pulled back together with STI as they have gone too far up
Mid End staying put to wait for high end to pull back & Mass Market to catch up
Mass Market just arrived to close up the gap with Mid End.

Starting from Q3 & Q4 both STI & property will continue to climb, but at a moderate pace.

Guest · on *06 Jul 08 5:32 pm*

Guest · on *06 Jul 08 5:37 pm*

STI already done it major correction of over 20% from 3900 to 2800.
STI will need sometime to consolidate above at the support level of 2800 for another upswing to test the 3900 level again..

Guest · on *06 Jul 08 5:52 pm*

Guest · on *06 Jul 08 9:44 pm*

Guest · on *06 Jul 08 10:33 pm*

And to those dumb dumb still pinning their hopes on the casinos... WAKE UP!

A casino isn't going to get you 40,000 expats with a million to spend on properties - (and 40,000 are just the unsold crap from the existing development add that to those dying to sell their crap at high prices you are looking at 100,000 or more unsold units - all pinning their pathetic hopes on two gambling dens! HA!)

you know your investments are in real deep crap when your country is pinning virtually EVERYTHING on CASINOs and wat? F1 Races, the YOUTH olympics???....

deep deep deep crap

Guest · on *06 Jul 08 10:47 pm*

Guest · on *06 Jul 08 11:09 pm*

there's a reason why London property prices keep going up, there's a reason why shanghai prices keep going up, and so's new york and paris, and even Hong Kong, because PEOPLE WANT TO LIVE THERE.

There is money to be make. The life is good. The living standards are good. Culturally is rich.

But most of all - these are places where WEALTH ORIGINATES. They pump out cash, they make money on their own, they have the knowledge, the spirit and they grow organically, there is NO NEED for any GOVERNMENT INTERVENTION - in face most times, government intervention just mess things up.

Singapore is a hydrophonic lettuce in a clinical glass house, everything is trial and error, and worse of all, everyone is ok with it, today IT, tomorrow life science, then after a factory in suzhou, then a casino, no make that two (for double sure!), let's promote creativity with the art fest and a big durian building, let's be gracious with a gracious campaign, speak English robots! no wait, speak Chinese, robots, it's cool.

to be able to swim, we need to get into the water and yes, even risk drowning, staying like chickens on the boat of the government is going to make the country sink like the titanic...

Guest · on *06 Jul 08 11:22 pm*

Price increasing for singapore property !

Singapore Room & House For Rent, Sale, Buy, & Sell

Price increasing for singapore property !