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Guest
on 06 Mar 08 4:56 pm
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| Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
You are right, go to URA transaction down to a trickle. Speculators / Flippers peeing in their pants now.. |
does it concern you?
why not you more concern when you going to die on your bed  |
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Guest
on 06 Mar 08 5:05 pm
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| Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
You are right, go to URA transaction down to a trickle. Speculators / Flippers peeing in their pants now.. |
Like it or not, property market has cooled down guys. Just accept the fact. In February, less than a thousand units transacted. This is amazingly low...never before in the history of URA. |
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Guest
on 06 Mar 08 5:20 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
You are right, go to URA transaction down to a trickle. Speculators / Flippers peeing in their pants now.. |
does it concern you?
why not you more concern when you going to die on your bed |
They are not peeing in their pants .....but most probably shitting. |
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Guest
on 06 Mar 08 7:56 pm
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| Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
You are right, go to URA transaction down to a trickle. Speculators / Flippers peeing in their pants now.. |
Don't be dumb dumb lah.... my cousin working for URA also said some data shown cheap recently were actually transacted done sometime ago. |
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Guest
on 06 Mar 08 7:58 pm
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[quote="Anonymous"] | Anonymous wrote: |
You are right, go to URA transaction down to a trickle. Speculators / Flippers peeing in their pants now.. |
Only Missed the Boat Expert are jealous with flippers.... so are you the one also?? |
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Guest
on 06 Mar 08 8:48 pm
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Pending Sales of U.S. Houses Probably Declined, Signaling Extended Slump
The number of Americans signing contracts to buy previously owned homes
March 6 (Bloomberg) -- The number of Americans signing contracts to buy previously owned homes fell in January for a third month, signaling no end in sight to the housing slump, economists said before a report today.
The National Association of Realtors' index of signed purchase agreements dropped 1 percent to 85, the lowest level since the Chicago-based group began keeping records in 2001, according to the median estimate of 27 economists surveyed by Bloomberg News.
The housing recession, into its third year, will deepen as a glut of unsold properties causes prices to keep dropping and prompts builders to cancel projects. The report underscores why Federal Reserve Chairman Ben S. Bernanke has indicated the central bank is ready to reduce interest rates again and urged lenders this week to lower the principal on some troubled loans.
``The imbalance between housing demand and housing supply has continued to grow,'' said Ethan Harris, chief U.S. economist at Lehman Brothers Holdings Inc. in New York. ``Potential buyers remain hesitant, given expectations of continued price declines and recession fears.''
The dollar declined to a record low against the euro and the yield advantage on two-year German notes over U.S. Treasuries widened to the most in 15 years as traders bet on more Fed rate cuts. The euro reached $1.5347 today and traded at $1.5319 at 12:31 p.m. in London.
Economists' projections for pending sales ranged from a drop of 3 percent to a 1.5 percent increase. The National Association of Realtors' report is due in Washington at 10 a.m.
Sales Forecast
The group forecasts existing-home sales this year will fall 4.8 percent to 5.38 million from 5.65 million in 2007. Builders will break ground on 1.08 million houses, down from 1.35 million last year, the Realtors also forecast.
The agents' group began reporting pending home resales in March 2005 and has supplied historical data back to January 2001. The gauge is considered a leading indicator because it tracks contract signings, while the sales report tracks closings, which typically occur a month or two later.
Purchases of existing homes fell 0.4 percent in January to a 4.89 million rate, 33 percent below the peak reached in September 2005, the Realtors' group said last month.
Nationally, home prices fell 9 percent in the fourth quarter from a year earlier, the biggest decline in 20 years of record-keeping, according to the S&P/Case-Shiller home-price index. Economists at Lehman Brothers Holdings Inc. forecast prices will decline an additional 10 percent.
Price Declines
Falling prices are contributing to the drop in sales as would-be buyers leave the market in anticipation of even bigger decreases. The drop in property values also leads to an increase in foreclosures as owners walk away from mortgages that are larger than the value of their homes.
``Delinquencies and foreclosures likely will continue to rise for a while longer,'' Bernanke told bankers this week in Orlando, Florida. The number of properties going into foreclosure will probably surpass last year's estimated 1.5 million, he said.
Bernanke urged lenders and mortgage-service companies to forgive portions of outstanding loans that are in danger of defaulting to reflect the drop in values.
Declining home equity and stricter lending rules may also be part of the reason why consumer spending is weakening. The slowdown is pushing the economy closer to recession.
Builders are advocating even more aggressive government action to revive the industry. Congress should create tax breaks for buyers of new homes, National Association of Home Builders Chief Executive Officer Jerry Howard said this week in a conference call.
``Policy makers need to act quickly, and that position is underscored by the fact that housing has led us into and out of every economic recession in history,'' Howard said. |
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Guest
on 06 Mar 08 8:52 pm
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| Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
Most of the ads out there are asking for below valuation, must sell .etc .....I guess buyers are just waiting on the sideline, I'm afraid the flippers / speculators will even miss the bus this time round. |
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Guest
on 06 Mar 08 10:29 pm
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| Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
Most of the ads out there are asking for below valuation, must sell .etc .....I guess buyers are just waiting on the sideline, I'm afraid the flippers / speculators will even miss the bus this time round. |
o well want to buy cheap and good .. dun have to wait
can go to batam and buy houses 
good and cheap and very "safe" too
just make sure dun step into HK and say
i am a cheapo buyer , got anything cheap house for me?
is ok to disgrace yourself , but dun ever mentioned you are from Singapore
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Guest
on 06 Mar 08 10:33 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Precisely, 90% of us ALREADY own our property, some own more than 1, so, not much buyers left liao. As we are the owner of our property, whether the prices goes up or down, does it make a difference to us?, Even if the price goes up, our house do not get bigger, in fact we pay more for our property tax... But it make a difference to our next generation, they cannot afford one if the property prices were to increase at this rate.
With current sitaution, there is no way the property prices can sustain. A fall is confirmed, it is by how much, 20 or 30%.
If you are flipping properties now and are caught with few units, i suggest you cut your losses now and pray hard you catch the last bus... |
Most of the ads out there are asking for below valuation, must sell .etc .....I guess buyers are just waiting on the sideline, I'm afraid the flippers / speculators will even miss the bus this time round. |
o well want to buy cheap and good .. dun have to wait
can go to batam and buy houses
good and cheap and very "safe" too
just make sure dun step into HK and say
i am a cheapo buyer , got anything cheap house for me?
is ok to disgrace yourself , but dun ever mentioned you are from Singapore
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What talking you "Buying Cheap and Good = Disgrace" ??????
NEXT....... |
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Guest
on 06 Mar 08 10:34 pm
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Coming up: Changi Airport terminal 4
The Straits Times
Friday, 7 March 2008
To fend off competition from other airports in the region, Singapore will be building a fourth passenger terminal at Changi Airport, said Minister of State for Transport Lim Hwee Hua in Parliament.
Speaking during the debate on her ministry's spending plans, Mrs Lim said Changi needs to expand its capacity since its status as an global aviation hub is now under strong challenge from bigger competitors like Dubai, Bangkok and Beijing.
It was only in January that Changi Airport opened the $1.75 billion Terminal Three. $500 million have also been set aside to upgrade Terminal One, while the $240 million makeover for Terminal Two has already been completed.
And now the 'master planning' for Terminal Four, said Mrs Lim, has already started.
Changi's passenger traffic hit a record 36.7 million last year - 4.8% higher than in 2006.
But regional and international competition for passengers has also intensified.
Beijing airport's $3.8 billion third terminal, bigger than all five terminals at London's Heathrow, opened its doors on Feb 29.
At the same time, Dubai also plans to spend $33 billion to build the world?s largest airport, which will be able to handle 120 million people a year when it's ready in 2012.
In recent years, newly expanded terminals have also sprung up in Bangkok and Kuala Lumpur. |
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Guest
on 06 Mar 08 10:41 pm
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Stocks Retreat on Consumer Spending Woes
Thursday March 6, 9:53 am ET
By Tim Paradis, AP Business Writer
Wall Street Opens Lower As Investors Appear Unimpressed by Retail, Unemployment Reports
NEW YORK (AP) -- Wall Street pulled back in early trading Thursday as reports from retailers painted a mostly bleak picture of the economy and as investors found little reason for optimism about the economy.
While Wal-Mart Stores Inc. reported stronger-than-expected sales, some investors are worried that success at the world's largest retailer reflects increased bargain-hunting among consumers. Reports from retailers such as J.C. Penney Co. and Limited Brands Inc. indicated consumers are paring some spending that they don't deem essential.
A retrenchment among consumers is an alarming prospect for Wall Street as consumer spending accounts for more than two-thirds of U.S. economic activity.
The reports conspired to further dent investor sentiment. With the dollar sinking to new lows against the euro and the greenback's weakness helping drive oil prices further into record territory, investors appear uneasy over prospects for the U.S. economy.
The Dow Jones industrial average fell 53.00, or 0.43 percent, to 12,201.99.
Broader indexes also retreated. The Standard & Poor's 500 index fell 8.14, or 0.61 percent, to 1,325.56; and the Nasdaq composite shed 3.22, or 0.14 percent, to 2,269.59. |
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Guest
on 06 Mar 08 10:43 pm
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Singapore's most luxurious property gets Dubai showcase
As Singapore continues to be one of the most sought after cities to live, work and play in Asia, new luxury property developers are looking to the UAE to offer their upscale developments in the speeding Asian metropolis.
AME Info
Dubai, United Arab Emirates
Saturday, 1 March 2008, 16:17 ZP4
Kunalan Sivapuniam, Director at Hayden Properties
Most recently, Hayden Properties - a joint venture between KOP Capital and Emirates Investment Group unit Emirates Tarian Capital - announced that it would be launching a campaign in Dubai to promote its exclusive Ritz-Carlton Residences in Singapore beginning in the first week of March. The 36-storey tower will offer 56 condominiums and two penthouses, and is situated in Cairnhill, one of Singapore's most exclusive neighbourhoods.
The Ritz-Carlton Residences, Singapore, Cairnhill is the first full strata titled luxury residential project launched in Asia, equipped with the legendary amenities and service excellence of the Ritz-Carlton Hotel Company.
Renowned for its exceptional levels of service delivery, the Ritz-Carlton will fully train and manage the ladies and gentlemen who will deliver a wide array of services to include housekeeping, a 24-hour dedicated concierge, sommeliers and doormen.
Kunalan Sivapuniam, Director at Hayden Properties, said, 'There is so much in common between Singapore and the UAE, particularly Dubai. The two countries are witnessing phenomenal growth, ambitious development plans, and joint competition towards making stellar achievements.'
Mr. Kunalan added that Hayden Properties will be showcasing The Ritz-Carlton Residences to a select group of invitees. 'We have invited an exclusive list of parties that have expressed their interest in the Ritz-Carlton Residences, and we are confident in the impression that will be left on those who appreciate this level of luxury,' he said.
About Hayden Properties
Hayden Properties Private Ltd ('Hayden Properties') is a joint venture that was set up in October 2006 between KOP Capital Private Limited and Emirates Tarian Capital Private Limited. Hayden Properties' core businesses include real estate development and real estate management services. Hayden Properties' high-end boutique residential developments currently include The Ritz-Carlton Residences, Singapore, Cairnhill and The Hamilton Scotts (former Asia Hotel). |
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Guest
on 06 Mar 08 10:48 pm
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i wonder why those silly crap ppl keep on posting on stock market
First of all , do you really invest in shares?
do you know what are really shares and stocks?
If yes please explain , If no
dun copy and paste over and over non stop on the stock market.. |
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Guest
on 06 Mar 08 10:55 pm
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| Anonymous wrote: | i wonder why those silly crap ppl keep on posting on stock market
First of all , do you really invest in shares?
do you know what are really shares and stocks?
If yes please explain , If no
dun copy and paste over and over non stop on the stock market.. |
Confirm they know nothing lah!! Lagi know nothing about S'pore property market... they are just expert in flipping paper for any bad news & cut & paste... they are forever "behind" news... thats why still haven't learn from Missed the Boat lesson lah!! |
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Guest
on 06 Mar 08 10:57 pm
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You talk S'pore... they talk US
You talk property... they talk stocks & shares
You do prediction... they flip newspapers |
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Guest
on 06 Mar 08 10:59 pm
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Yes , for the fellow who like to copy and paste all the information
on Stock market
Come tell us , How much is SIA per share now?
And what are the best stocks to invest in the market now?
What are blue chips
How do you trade in the stock market?
Come tell us what are unit trusts?
If not go and do your bloody homework!!! |
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Guest
on 06 Mar 08 11:14 pm
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| Sorry lah.. they know nothing on S'pore market lah.. maybe you ask them US market.. they can try to use cut & paste to answer you lah! |
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Guest
on 06 Mar 08 11:19 pm
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haha
just blindly copy and paste without even having basic knowledge on it
just like back to school ..simply blindly copying other ppl work without
even understanding it |
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Guest
on 06 Mar 08 11:20 pm
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haha
just blindly copy and paste without even having basic knowledge on it
just like back to school ..simply blindly copying other ppl work without
even understanding it |
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Guest
on 07 Mar 08 4:49 am
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my best investment gain, still property, property, property...construction of new development are utisilation the maximum allowable building period of up to the TOP time....due to LACK of SANDS.....
Developer are even digging sand along Mandai expressway..... so newly TOP apartment are in high demands, rent out first no hurry to sell at this point of time....double gain for your property in a few years time..... |
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