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Guest
on 09 Mar 08 10:56 am
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Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole |
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Guest
on 09 Mar 08 11:09 am
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It's triple A again
Political stability and regulated financial system key to top credit ranking
Bloomberg
Singapore
Saturday, 8 March 2008, Singapore Time
Singapore retained its top credit ranking at Fitch Ratings, which said improving financial and fiscal positions will help it withstand slowing global economic growth.
Fitch affirmed its stable outlook on Singapore's AAA long-term sovereign rating and said the island's stable political situation and a "well-capitalised and regulated financial system" is a support for the ranking.
The Government last month reported the budget surplus will hit $6.4 billion in the year ending March 31.
Singapore is the only country in Asia with triple-A ratings from Moody's Investors Service, Standard and Poor's and Fitch. It shares the highest investment-grade ranking with nations including the United States, the United Kingdom, Germany and France.
"These rating strengths will remain despite the cyclical economic challenges ahead," said Mr Vincent Ho, associate director at Fitch's Asia Sovereign Ratings group in Hong Kong.
Fitch predicts the South-east Asian economy will grow 4.8% this year after expanding 7.7% last year.
"Export-oriented sectors will be affected most and slower growth in net trade will be a drag on overall growth," the report said.
"Even so, domestic demand should continue to support overall GDP expansion."
Inflation, which is at the highest in almost 26 years, will average 5.3% this year after climbing 2.1% last year, the ratings company forecasts.
Fitch said the Government's Budget strategies announced last month, which include distributing cash and offering tax rebates to consumers, "will help offset the impact from increasing price pressures". |
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Guest
on 09 Mar 08 4:37 pm
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[quote="Anonymous"]Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole) | Quote: |
I sure can tahan instalment lah!! But you can tahan continue paying your rental or not hah?? 
With so many "cut & paste" so desparately... You already telling the whole world you cannot tahan liao lah... dont be like conman uncle who go MIA trying to lie lah!! |
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Guest
on 09 Mar 08 4:38 pm
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| Anonymous wrote: | Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole) | Quote: |
I sure can tahan instalment lah!! But you can tahan continue paying your rental or not hah??
With so many "cut & paste" so desparately... You already telling the whole world you cannot tahan liao lah... dont be like conman uncle who go MIA trying to lie lah!! |
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Guest
on 09 Mar 08 4:44 pm
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To all Buyers out there.....
Don't buy from owners who is offloading thier condo/ unit unless of course you can manage to squeeze them.
You are better off buying from developer... been to a few showroom they are offering quite a good discount.
Or better still just wait when more unit are TOP > 10000 units we will see the panic selling coming soon. The Great Singapore Sale...
Speculators /Flippers, play with fire you will get burnt.
Face it, property prices are just too high.. |
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Guest
on 09 Mar 08 4:48 pm
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| Anonymous wrote: | | Anonymous wrote: | Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole) | Quote: |
I sure can tahan instalment lah!! But you can tahan continue paying your rental or not hah??
With so many "cut & paste" so desparately... You already telling the whole world you cannot tahan liao lah... dont be like conman uncle who go MIA trying to lie lah!! |
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Go ahead just service your loan, face it, nobody going to buy your condo
We Buyer have already finish paying off our housing loan, now just waiting only for Speculators/ Flippers to drop dead like flies. |
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Guest
on 09 Mar 08 5:15 pm
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I don't think so you finish paying off your loan lah... maybe don't even have your own home... otherwise still need to "cut & paste" so desparately??
You must have confident of uncle crash story mah!! |
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Guest
on 09 Mar 08 6:05 pm
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| Anonymous wrote: | I don't think so you finish paying off your loan lah... maybe don't even have your own home... otherwise still need to "cut & paste" so desparately??
You must have confident of uncle crash story mah!! |
You can say whatever you want, as long as you are happy.
Buyer have no worries .......
Please continue and service your loan, in Reality nobody will come knocking at your door to buy your condo..........Period. |
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Guest
on 09 Mar 08 6:12 pm
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| Anonymous wrote: | | Anonymous wrote: | Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole) | Quote: |
I sure can tahan instalment lah!! But you can tahan continue paying your rental or not hah??
With so many "cut & paste" so desparately... You already telling the whole world you cannot tahan liao lah... dont be like conman uncle who go MIA trying to lie lah!! |
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Speculator/Flippers cannot sell, most probably peeing in their pants right now. |
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Guest
on 09 Mar 08 8:30 pm
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| Anonymous wrote: | | Anonymous wrote: | I don't think so you finish paying off your loan lah... maybe don't even have your own home... otherwise still need to "cut & paste" so desparately??
You must have confident of uncle crash story mah!! |
You can say whatever you want, as long as you are happy.
Buyer have no worries .......
Please continue and service your loan, in Reality nobody will come knocking at your door to buy your condo..........Period. |
Sellers also not hard up... thats why transaction down price still no down!!
You want cheap... wait long long... but in real fact, many followers like you cannot tahan waiting liao lah!! |
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Guest
on 09 Mar 08 8:31 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | Don't sell cheap, hold lah....every month just worry to pay your installment......
You think we Buyer Dumb to buy re-sale from you at such a high price. Just hold and see how long you can wait....
Look around all the ad asking for buyer > 8 mths still no takers.
Face the reality........
Or you still want to live in your Dream Home ( Million Dollar Pigeon Hole) | Quote: |
I sure can tahan instalment lah!! But you can tahan continue paying your rental or not hah??
With so many "cut & paste" so desparately... You already telling the whole world you cannot tahan liao lah... dont be like conman uncle who go MIA trying to lie lah!! |
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Speculator/Flippers cannot sell, most probably peeing in their pants right now. |
Don't sell also no problem lah... followers only like rental... so we close one eye also can rent out... increase rental again, followers also lan lan!! |
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Guest
on 09 Mar 08 11:17 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | hi guys,
i feel that i have opened my eyes when i read this topic...thanks for such an interesting topic...
anyway, as a newbie, may i ask you guys how to find information about how to buy a condo, how to apply for bank loan etc ...?
i meant, i believe that the price is going to go up, so i think about buying 1 condo apartment but i don't have that much cash...
so i'd like to know about the process of applying for bank loan (get how many percent, how much is the installment per month/year, what is the best bank to apply for loan) ...
is there any website that i can find out those details?
thank you,
David |
you have make the right choice  If you going to rent for 2 years and 2 years later than you think of buying then it is too late.... The property price in two years time will be more EXPENSIVE !!! This is what happened to those foreigner two come in to singapore in 2005 and 2006... They find renting is cheap in singapore, never thought that renting can shoot up for more than 100%...
I even know of someone who has joined the singapore workforce in 2002, renting is dirt cheap during that time, renting from 2002 to dec 2007 and never think that rental can shot up so fast...... finally he brought his own apartment in the begining of 2008....... Just imagine renting for 5 GEAT YEARS.....than BUY.... !!! Thanks for this ppl supporting the singapore property market.... !!! Cheers for another year of grow in 2008 !!! |
RIGHT if you follow those MISS THE BOAT, FOLLOWERS, DUMP DUMP PPL ideas, that IS, rent first dun't buy, rent for 2 years then buy loh, WELL good luck to you.....!! |
GURU SINGH predicted singapore property market crash in dec 2007, had GONE MIA like our JI Head.... hidding somewhere in the "Long Kar" |
rent first also can, rent first and save some money then buy, more healthy for singapore property market.  |
To all BIG TIME FOLLOWERS, MISS the BOAT, those kena BURN in STOCKS Market always want singapore property market to crash....all these are LOW LEVEL thinking.....
et me tell you all, why they kena Burn in stock market ? why they are call MISS the biggest boat ? why they are call big time FOLLOWERS ? why they are call BEST in CUT and PASTE ? like some of the primary school kids.....
let me tell you, property market in singapore is starting to get warming up now....starting last week i am receiving quite a few calls from agents indicating that they have instance buyers to buy my unit... this is a true indication that buyers are coming back slowly....
forever FOLLOWER, MISS the BOAT will not understand what is behing the sense, everyday they plip alot of newspaper, magazine cut and paste forever... |
To all newly TOP seller, don't ever sell cheap,dont ever sell now. .... developer are holding up new launches, so for the next 3-5 years, even developer lauch new project they will at least 3 years to TOP....
With the current supper low interest rate environment, 3 mth interbank rate only 1.375% !!!!, interbank rate expect to fall further.... with the current high demand of rental market, those foreigner who come in singapore in 2006, their rental 2 years contract will end in 2008, so those are the group of people looking out to rent again.... PLUS the singapore newly jobs creation exceed the newly 2008 TOP apartment at 6500 units in total.... with more than 100,000 jobs created, imagine just only 10% goes to foreigner, the market still require another 10,000 rental units....if they buy, still a boost to singapore property market...estimated jobs creatiion will reduce by half to 50,000 jobs !!
actually i don't mind that if the US recession last longer, the longer the US recession last, the longer longer will be the low interest rate environment last..... you still can rent out at the reasonable price, so rent out for 2 years first, double earning for you with another phase of price appreciation and rental gain... where the hell in this world you can have this type of profit..... singapore property, my super GOLD MINE, another year of properity for singapore property in 2008 , CHEERS !!!!
sorry to those MISS the boat, FOLLOWER, DIVA KING, definitely you all want singapore property market to crash.... you have contributed alot to our singapore economy, we still need your support in the rental market....of course not private property.... there are alot HDB flat need your support.... !!  |
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Guest
on 10 Mar 08 3:06 pm
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The reality now is buyer are bargaining very hard and sellers not willing to budge. Low sale transaction will persist....
For price to go down, must have bad news from SG companies retrenching ppl first....so the question is..when??????????? |
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Guest
on 10 Mar 08 5:14 pm
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| No so easy!! now foreign company one by one coming in to set-up shop here... fill-up the vacancy first for the next 1 to 2 years first before talking about retrenchment. |
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no buyers no money
Guest
on 10 Mar 08 5:50 pm
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| property at risk |
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| the drivers behind the boom in Singapore's property market are mainly due to foreign money which pushed up the prime districts starting in 2004/5. At that time, the markets were fantastic and no sub-prime. Foreigners and expatriates were counting their bonuses five years ahead before they decided that they could afford to pay up the valuations. Now the same driver behind singapore's property market is going to push down the prices simply because the foreigners realised that they are not going to get that type of bonuses and that they might get fired instead. So these foreigners and expats would exit and take profit on their Singapore's property investments. Expats called back to their home countries will lead to lack of rental support and pull down the prices. |
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Guest
on 10 Mar 08 6:01 pm
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| developers of new launches are already negotiating to cut prices by 15% from market prices. In other words, you could get 15% discount from the resale prices advertised on newspaper if you negotiate with developers. In other words, developers are selling 15% below your unit's valuation today. |
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Guest
on 10 Mar 08 6:04 pm
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| the hope that US recession will not affect China and Singapore = Wishful thinking. |
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Guest
on 10 Mar 08 7:46 pm
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| Anonymous wrote: | | developers of new launches are already negotiating to cut prices by 15% from market prices. In other words, you could get 15% discount from the resale prices advertised on newspaper if you negotiate with developers. In other words, developers are selling 15% below your unit's valuation today. |
Where do you get that information? |
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Guest
on 10 Mar 08 7:52 pm
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| Anonymous wrote: | | developers of new launches are already negotiating to cut prices by 15% from market prices. In other words, you could get 15% discount from the resale prices advertised on newspaper if you negotiate with developers. In other words, developers are selling 15% below your unit's valuation today. |
How do you know that the new launches are 15% cheaper hah??
Can name some projects so I can confirm with them? |
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No buyers No money
Guest
on 10 Mar 08 8:12 pm
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| Singapore Property at Risk |
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| Anonymous wrote: | | Anonymous wrote: | | developers of new launches are already negotiating to cut prices by 15% from market prices. In other words, you could get 15% discount from the resale prices advertised on newspaper if you negotiate with developers. In other words, developers are selling 15% below your unit's valuation today. |
Where do you get that information? |
I went to a show flat at District 15. marketeers told me to put in a bid 15% lower than the list price (which is around 940psf which is also the resale price some owners tried to sell their units) and that the marketeers had already negotiated with the developers who agreed in principle to let go at 800psf.
thats how i found out. first hand in person. |
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