when i price my property cheap for last month, nobody want to buy, now when i price higher ppl show interest to buy.....
so remember all newly TOP private property.... not to sell cheap, your newly TOP apartment deserve a higher value as compare to those under contruction property, still have to wait for 2 more years.....
best still, buyer can wait for 2years, rent out first !! demand in the rental market still healthy although it is not as robust as in 2007..... no panic...with all the crab crash stories created by DIVA FOLLOWER, BIG TIME MISS the BOAT
Don't sell cheap than service loan long long lor
Sorry No Takers.....
Aiyo.. followers are the takers mah.. followers die die want to tahan rent.. close one also can rent out..
LET THE FOLLOWERS SERVICE THE LOAN FOR US LAH!!
Thanks followers.. especially thanks to uncle who help sustainable in our rental market!!
And Stock market recovery ? U kidding me? Just looking at today's number you make the conclusion ? See how many thousands of people are stuck now with their stocks and cant wait to get rid of them. You think stock market recovers in the long run ?
I am just curious what benefit these people get from talking-up the market when in reality the property boom is already over since the removal of Deferred Payment Scheme and the end of enbloc fever. If you still dream of booming prices, I would advise you to just keep your units to rot.
Hello followers.. failure like you know nothing about stock somemore try to act like smart investor hah!!
Stock market is just like properties.. in a long run, the high is always a record high.. the low, never lower than the previous record low.
If STI at 28XX level is a recession.. meaning for the past 30 over years S'pore was all the while in recession lah!!
And Stock market recovery ? U kidding me? Just looking at today's number you make the conclusion ? See how many thousands of people are stuck now with their stocks and cant wait to get rid of them. You think stock market recovers in the long run ?
I am just curious what benefit these people get from talking-up the market when in reality the property boom is already over since the removal of Deferred Payment Scheme and the end of enbloc fever. If you still dream of booming prices, I would advise you to just keep your units to rot.
Hello followers.. failure like you know nothing about stock somemore try to act like smart investor hah!!
We're in the eye of the storm. A wall built from paper is never strong. They are trying hard to make people believe that the paper wall is holding up but it's all just a big illusion which will not survive the vicious cycle of revelations soon to come.
Stock market is just like properties.. in a long run, the high is always a record high.. the low, never lower than the previous record low.
If STI at 28XX level is a recession.. meaning for the past 30 over years S'pore was all the while in recession lah!!
With prices falling, more would-be buyers have decided to rent.
Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors in Miami, said three-quarters of all transactions in the past few months were for rentals and the rest were for home sales, a reversal of historical trends.
Abbott, the condo owner in Las Vegas, is asking a monthly rent of $2,300, down from the $3,500 he had originally wanted.
"It's empty at the moment," Abbott said. "We'd intended to rent it, but the timing, of course, was bad."
His broker, Bruce Hiatt of the Luxury Realty Group in Las Vegas, said there was no shortage of interested buyers -- but none had decided to buy.
"They're all waiting for the magic bottom," he said.
With prices falling, more would-be buyers have decided to rent.
Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors in Miami, said three-quarters of all transactions in the past few months were for rentals and the rest were for home sales, a reversal of historical trends.
Abbott, the condo owner in Las Vegas, is asking a monthly rent of $2,300, down from the $3,500 he had originally wanted.
"It's empty at the moment," Jacob said. "We'd intended to rent it, but the timing, of course, was bad."
His broker, Jennifer Lim of the Propnex in Toa Payoh, said there was no shortage of interested buyers -- but none had decided to buy.
"They're all waiting for the magic bottom," she said.
With prices falling, more would-be buyers have decided to rent.
Mr Tan, URA, said three-quarters of all transactions in the past few months were for rentals and the rest were for home sales, a reversal of historical trends.
Jacob the condo owner in District 10, is asking a monthly rent of $7,300, down from the $11,500 he had originally wanted.
"It's empty at the moment," Jacob said. "We'd intended to rent it, but the timing, of course, was bad."
His broker, Jennifer Lim of ERA, said there was no shortage of interested buyers -- but none had decided to buy.
"They're all waiting for the magic bottom," she said.
With prices falling, more would-be buyers have decided to rent.
Mr Tan, URA, said three-quarters of all transactions in the past few months were for rentals and the rest were for home sales, a reversal of historical trends.
Jacob the condo owner in District 10, is asking a monthly rent of $7,300, down from the $11,500 he had originally wanted.
"It's empty at the moment," Jacob said. "We'd intended to rent it, but the timing, of course, was bad."
His broker, Jennifer Lim of ERA, said there was no shortage of interested buyers -- but none had decided to buy.
"They're all waiting for the magic bottom," she said.
Times are bad look around rental also not easy to get
Example below posted since 07 Sep 2007 for rent still no takers..
3+1 Westvale (Near NUS) condo along Pasir Panjang Rd
Fully Furn. all ac avail 1st of oct.
There are a lot of buyers out there, but none wants to commit at such a high price.
anyone has any idea why the developer recent launch at mount sophia suite along the mount emily area at sophia are selling an average of $1700psf, but the Parc Emily which is going to TOP, around the same area secondary market are selling at a lower price ?
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
anyone has any idea why the developer recent launch at mount sophia suite along the mount emily area at sophia are selling an average of $1700psf, but the Parc Emily which is going to TOP, around the same area secondary market are selling at a lower price ?
It's very obvious when TOP comes, it's time to pay up. Anyway at this rate nobody is going to buy the Million dollar pigeon hole.
Time for the Speculators / Flippers to do their Maths hold or offload.
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
Yes, time is really bad, for the past 6mths I'm trying to rent out my unit but no takers. If things get worse I've just have to let go my Executive HDB and move in to my condo.
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
Yes, time is really bad, for the past 6mths I'm trying to rent out my unit but no takers. If things get worse I've just have to let go my Executive HDB and move in to my condo.
that's why i say ppl make money in property, dun't mean u can, ppl make money in property and stock investment, u BIG TIME FOLLOWER GO and FOLLOW ppl to buy property.
CORRECT better dump and let go fast, since the subprime wave is spreading to singapore, if still no taker, sell cheaper at $950, $850, $750, $650, $550 untill got taker....???? do update us the status.....
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
Yes, time is really bad, for the past 6mths I'm trying to rent out my unit but no takers. If things get worse I've just have to let go my Executive HDB and move in to my condo.
that's why i say ppl make money in property, dun't mean u can, ppl make money in property and stock investment, u BIG TIME FOLLOWER GO and FOLLOW ppl to buy property.
CORRECT better dump and let go fast, since the subprime wave is spreading to singapore, if still no taker, sell cheaper at $950, $850, $750, $650, $550 untill got taker....???? do update us the status.....
see BIG TIME FOLLOWER kena BURN, A TROPICAL example .....
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
Yes, time is really bad, for the past 6mths I'm trying to rent out my unit but no takers. If things get worse I've just have to let go my Executive HDB and move in to my condo.
that's why i say ppl make money in property, dun't mean u can, ppl make money in property and stock investment, u BIG TIME FOLLOWER GO and FOLLOW ppl to buy property.
CORRECT better dump and let go fast, since the subprime wave is spreading to singapore, if still no taker, sell cheaper at $950, $850, $750, $650, $550 untill got taker....???? do update us the status.....
see BIG TIME FOLLOWER kena BURN, A TROPICAL example .....
Guys, things are looking really bad. I bought in Aug07 in Balmoral area at what I thought was a steal at 1250 psf. Took possession in December and have been looking for rental for the last 3mths after spending 25k on renovation. No takers so far even at a rate which doesnt cover my interest cost. Asked agent to look for buyer also, getting no interest above 1050psf. Does it make sense to get out and buy property stocks instead since they have actually fallen 40-50% ? I am told that stocks will recover and property prices will fall with a lag. Any advice pl.
Yes rental is tough, buyers also not many, my condo up for sale almost 1 year already still no takers...