Price increasing for singapore property !

Guest · on *10 Mar 08 8:23 pm*

Oh! So you base on one project to represent all the new launches is having 15% off lah, right??

No buyers No money · Guest on *10 Mar 08 8:24 pm*

Guest · on *10 Mar 08 8:25 pm*

the troubles start when buyers stay on the sideline and developers want to push their units out ASAP.

Guest · on *10 Mar 08 8:49 pm*

Guest · on *10 Mar 08 8:52 pm*

not in District 15

Guest · on *10 Mar 08 9:11 pm*

the question is for how long (years) will the property market remains weak.

Guest · on *10 Mar 08 9:35 pm*

market could hold its Jul07 top price for about 6 months starting from jan 08

Guest · on *11 Mar 08 2:47 am*

Guest · on *11 Mar 08 2:49 am*

Guest · on *11 Mar 08 2:59 am*

Guest · on *11 Mar 08 6:03 am*

Guest · on *11 Mar 08 6:12 am*

Guest · on *11 Mar 08 6:13 am*

Guest · on *11 Mar 08 6:15 am*

Guest · on *11 Mar 08 9:53 am*

Recession fears hammer Asian stocks

Asian stocks tumbled Monday with Tokyo hitting a 30-month low as recession alarm bells rang louder in the United States following a shock drop in employment, dealers said.

They said the big worry now is that exports to the United States will slump, curbing growth around the region and possibly dragging Japan into recession.

Political worries added to the gloom with trading in Kuala Lumpur suspended for an hour as shares plunged 10 percent after Malaysia's ruling coalition suffered its worst-ever result in weekend elections.

Tokyo's benchmark Nikkei-225 index slid 1.96 percent to the lowest level since September 2005 amid concerns about the impact of weaker US consumer demand and a stronger yen on exports.

"Japan's economy lacks a domestic driving force," said Tomoko Fujii, the head of economics and strategy for Japan at Bank of America.

"So a US recession-like state is boding ill for Japan's business cycle," she added.

Shanghai share prices fell 3.59 percent as inflation concerns and weakness in overseas markets rattled investors.

It was a similar picture elsewhere in the region as Manila plunged 4.0 percent, Seoul lost 2.3 percent, Taipei dropped 2.7 percent, Hong Kong shed 1.0 percent and Sydney fell 1.6 percent the lowest level since October 2006.

"With US employment now falling for two months in a row, it's now almost certain that the US economy is in recession," said Shane Oliver, the head of investment strategy and chief economist at AMP Capital Investors in Sydney.

"A slump in US consumer spending, which is now looking highly likely, will also place much greater downward pressure on growth in the rest of the world, including in China and Asia," he said.

Investors took their cue from New York where stocks fell for a second straight session Friday, with the Dow Jones index tumbling 1.21 percent to its lowest close since October 2006.

The US economy lost 63,000 jobs in February, the steepest drop since March 2003, defying market forecasts for a gain of 25,000 jobs, official data showed Friday.

The Federal Reserve announced a plan to inject up to 200 billion dollars into the financial system but the move did little to calm investors' nerves.

"It seems that nothing is working right in the US. The economy is going from bad to worse," said Francis Lun at Fulbright Securities in Hong Kong.

There is growing speculation that the Fed will slash its federal funds rate by 75 basis points at its March 18 meeting to 2.25 percent. Some analysts are even expecting an emergency cut before the scheduled meeting.

"The US economy is in a terrible state and there is a chance the Fed will cut rates before the meeting next week," said Mark Wan, chief analyst at Hang Seng Investment Services Ltd.

Worries about the outlook for Japan's economy were assuaged somewhat by news of a 19.6 percent surge in January core machinery orders, a leading indicator of corporate capital spending -- the biggest rise in more than seven years.

But analysts said one-off factors were largely behind the jump and investors' main concern is now the strength of the yen against the dollar.

"Investors usually take comfort in rate cuts by the Federal Reserve, but in the current poor economic environment, there is a possibility that a rate cut will accelerate selling of the dollar and not provide much hope for a rally in the stock market," said Daiwa SB Investments strategist Soichiro Monji.

The dollar briefly hit an eight-year low of 101.40 yen in New York on Friday before rebounding. The greenback stood at 102.03 yen in Tokyo afternoon trade.

European stock markets also fell in early trade Monday, with bourses in London, Frankfurt and Paris all down shortly after opening.

Guest · on *11 Mar 08 2:55 pm*

Desparate Followers continue do "cut & paste" Laughing

No buyers No money · Guest on *11 Mar 08 5:01 pm*

Guest · on *11 Mar 08 5:05 pm*

if developers offer at 850psf and still no takers, the real price would be around 700psf since developers must push their units out ASAP.

the onus is on you to go to showflats to check out the take up rate.

Guest · on *11 Mar 08 7:54 pm*

Guest · on *11 Mar 08 8:03 pm*

The Centre for Strategic & International Studies (CSIS) says that without defaulting on these commitments, budget deficits will consume all savings before 2020, meaning that there would be no capital investments and the capital base will gradually erode; “Long before this happens, capital shortages and default risks would spill over and disrupt growth everywhere”.

Price increasing for singapore property !

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Price increasing for singapore property !