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Guest
on 31 Mar 08 12:12 am
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| Anonymous wrote: | | Anonymous wrote: | we are now in the early stage of 2nd phase property boom, where got bubble.... those who talk about bubble bcos they can't afford private or even HDB, so to them everything is bubble...can't afford to buy property, PROPERTY BUBBLE, can't afford to buy car - COE BUBBLE, can't compete with forigner, FORIGNER BUBBLE, everyday complaint about BUBBLE....BUBBLE , think big time miss the boat, DIVA king, FOLLOWER are the biggest BUBBLE themselve !!!!
property in singapore can still grow aleast 5 - 10 years... watchout what i say  |
yah loh DIVA king is the biggest BUBBLE |
THE BUBBLE KING is back to spread BUBBLE STORIES !!! |
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Guest
on 31 Mar 08 7:07 am
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| Anonymous wrote: | we are now in the early stage of 2nd phase property boom, where got bubble.... those who talk about bubble bcos they can't afford private or even HDB, so to them everything is bubble...can't afford to buy property, PROPERTY BUBBLE, can't afford to buy car - COE BUBBLE, can't compete with forigner, FORIGNER BUBBLE, everyday complaint about BUBBLE....BUBBLE , think big time miss the boat, DIVA king, FOLLOWER are the biggest BUBBLE themselve !!!!
property in singapore can still grow aleast 5 - 10 years... watchout what i say |
In your dreams only lah.... |
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Guest
on 31 Mar 08 9:04 am
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| Anonymous wrote: | | Anonymous wrote: | we are now in the early stage of 2nd phase property boom, where got bubble.... those who talk about bubble bcos they can't afford private or even HDB, so to them everything is bubble...can't afford to buy property, PROPERTY BUBBLE, can't afford to buy car - COE BUBBLE, can't compete with forigner, FORIGNER BUBBLE, everyday complaint about BUBBLE....BUBBLE , think big time miss the boat, DIVA king, FOLLOWER are the biggest BUBBLE themselve !!!!
property in singapore can still grow aleast 5 - 10 years... watchout what i say |
In your dreams only lah.... |
YES YOU ARE RIGHT! MY DREAM JUST COME THROUGHT 
See you at the poolside OOPS you got no pool over there  |
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Guest
on 31 Mar 08 9:04 am
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | we are now in the early stage of 2nd phase property boom, where got bubble.... those who talk about bubble bcos they can't afford private or even HDB, so to them everything is bubble...can't afford to buy property, PROPERTY BUBBLE, can't afford to buy car - COE BUBBLE, can't compete with forigner, FORIGNER BUBBLE, everyday complaint about BUBBLE....BUBBLE , think big time miss the boat, DIVA king, FOLLOWER are the biggest BUBBLE themselve !!!!
property in singapore can still grow aleast 5 - 10 years... watchout what i say |
In your dreams only lah.... |
YES YOU ARE RIGHT! MY DREAM JUST COME THROUGHT
See you at the poolside OOPS you got no pool over there |
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Guest
on 31 Mar 08 6:49 pm
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What if your expatriates all got called back?
10,000 finance job cuts forecast
City of London
Financial institutions may have to cut back on staff
At least 10,000 jobs could be lost in the UK's financial services industry during the next three months, according to a forecast by the CBI.
The employers' organisation's quarterly survey of the sector found that most companies thought the credit squeeze would get worse in the next six months.
CBI chief economist Ian McCafferty said: "This is a very serious crisis."
The report predicts that the UK will avoid outright recession, but says that finance jobs are already being cut.
Key characteristics
Some have suggested it's the worst financial crisis since the Second World War
Ian McCafferty. chief economist, CBI
City fears jobs losses
Conditions in the financial sector - which includes banks, building societies and insurance companies - have not improved since the credit crunch began six months ago, Mr McCafferty said.
"Some have suggested it's the worst financial crisis since the Second World War," he added.
"I think one of the key characteristics is that it will go on for quite some time to come."
The financial crisis, which began after banks made huge losses on investments backed by US mortgages, has caused chaos on US and global markets. |
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Guest
on 31 Mar 08 6:53 pm
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Hey called back its ok, new batch of expatriates will arrival again
you know EDB is bringing expat in to meet the 4million people
| Anonymous wrote: | What if your expatriates all got called back?
10,000 finance job cuts forecast
City of London
Financial institutions may have to cut back on staff
At least 10,000 jobs could be lost in the UK's financial services industry during the next three months, according to a forecast by the CBI.
The employers' organisation's quarterly survey of the sector found that most companies thought the credit squeeze would get worse in the next six months.
CBI chief economist Ian McCafferty said: "This is a very serious crisis."
The report predicts that the UK will avoid outright recession, but says that finance jobs are already being cut.
Key characteristics
Some have suggested it's the worst financial crisis since the Second World War
Ian McCafferty. chief economist, CBI
City fears jobs losses
Conditions in the financial sector - which includes banks, building societies and insurance companies - have not improved since the credit crunch began six months ago, Mr McCafferty said.
"Some have suggested it's the worst financial crisis since the Second World War," he added.
"I think one of the key characteristics is that it will go on for quite some time to come."
The financial crisis, which began after banks made huge losses on investments backed by US mortgages, has caused chaos on US and global markets. |
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Guest
on 31 Mar 08 7:15 pm
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| do u really believe that EDB could control the flow of expatriates here? |
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Guest
on 31 Mar 08 7:17 pm
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Prices cannot hold forever. Singapore's prices, though climbing now, will inevitably fall. For those still stuck in the market then, they will start to see great losses. Corrections and recessions come suddenly, and may occur in the middle of a bull market (see the subprime problems in the US now, just this time last year, the market was very bullish. Also the case historically, including the Japan property bubble, the Asian Financial Crisis, dot com bubble etc etc.).
The US economy will definitely affect the Singaporean property market. Singapore's growth is very highly dependent on its exports. The US is Singapore's largest export market. What with the US dollar weakening and the US market slowing down, Singapore's growth will likely slow in 2008, as its exports decreases, eventually affecting the property market.
Not to mention, MNCs will also be greatly affected by the slowdown of the US economy. This will eventually lead to retrenchments all over the world (Singapore included), further leading to a slowdown in the property market.
Furthermore, as en bloc sales start slowing with property companies exhausting their finances, there will be less people actively searching for property. What with all the ongoing residential projects, supply will be bound to outweigh demand (now largely being fueled by speculators) soon enough.
Admissibly, the property market may continue its trend, but only for a while. This trend is unsustainable, driven by speculators, in the face of a global economic slowdown.
Property is one of the most illiquid investments. Caution should be exercised before plunging in. |
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Guest
on 31 Mar 08 7:34 pm
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| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | we are now in the early stage of 2nd phase property boom, where got bubble.... those who talk about bubble bcos they can't afford private or even HDB, so to them everything is bubble...can't afford to buy property, PROPERTY BUBBLE, can't afford to buy car - COE BUBBLE, can't compete with forigner, FORIGNER BUBBLE, everyday complaint about BUBBLE....BUBBLE , think big time miss the boat, DIVA king, FOLLOWER are the biggest BUBBLE themselve !!!!
property in singapore can still grow aleast 5 - 10 years... watchout what i say |
yah loh DIVA king is the biggest BUBBLE |
THE BUBBLE KING is back to spread BUBBLE STORIES !!! |
You mean KING OF CONMAN is back?? Oh no! His followers kena con by him till jialet jialet until now doing cut & paste desparately.. followers is very simple minded ppl thats why he only look for followers. |
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Guest
on 31 Mar 08 7:46 pm
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| Anonymous wrote: | Prices cannot hold forever. Singapore's prices, though climbing now, will inevitably fall. For those still stuck in the market then, they will start to see great losses. Corrections and recessions come suddenly, and may occur in the middle of a bull market (see the subprime problems in the US now, just this time last year, the market was very bullish. Also the case historically, including the Japan property bubble, the Asian Financial Crisis, dot com bubble etc etc.).
The US economy will definitely affect the Singaporean property market. Singapore's growth is very highly dependent on its exports. The US is Singapore's largest export market. What with the US dollar weakening and the US market slowing down, Singapore's growth will likely slow in 2008, as its exports decreases, eventually affecting the property market.
Not to mention, MNCs will also be greatly affected by the slowdown of the US economy. This will eventually lead to retrenchments all over the world (Singapore included), further leading to a slowdown in the property market.
Furthermore, as en bloc sales start slowing with property companies exhausting their finances, there will be less people actively searching for property. What with all the ongoing residential projects, supply will be bound to outweigh demand (now largely being fueled by speculators) soon enough.
Admissibly, the property market may continue its trend, but only for a while. This trend is unsustainable, driven by speculators, in the face of a global economic slowdown.
Property is one of the most illiquid investments. Caution should be exercised before plunging in. |
Make sense..... |
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Guest
on 31 Mar 08 8:26 pm
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| Anonymous wrote: | Prices cannot hold forever. Singapore's prices, though climbing now, will inevitably fall. For those still stuck in the market then, they will start to see great losses. Corrections and recessions come suddenly, and may occur in the middle of a bull market (see the subprime problems in the US now, just this time last year, the market was very bullish. Also the case historically, including the Japan property bubble, the Asian Financial Crisis, dot com bubble etc etc.).
The US economy will definitely affect the Singaporean property market. Singapore's growth is very highly dependent on its exports. The US is Singapore's largest export market. What with the US dollar weakening and the US market slowing down, Singapore's growth will likely slow in 2008, as its exports decreases, eventually affecting the property market.
Not to mention, MNCs will also be greatly affected by the slowdown of the US economy. This will eventually lead to retrenchments all over the world (Singapore included), further leading to a slowdown in the property market.
Furthermore, as en bloc sales start slowing with property companies exhausting their finances, there will be less people actively searching for property. What with all the ongoing residential projects, supply will be bound to outweigh demand (now largely being fueled by speculators) soon enough.
Admissibly, the property market may continue its trend, but only for a while. This trend is unsustainable, driven by speculators, in the face of a global economic slowdown.
Property is one of the most illiquid investments. Caution should be exercised before plunging in. |
Today is already a buyers' market, so buyers will have to stay patiently to seize the opportunity for a low price purchase. There will be blood in the street.
Speculators are going to give in any time now. Agents are starting to pressurize them to lower down their expectation. You can check by calling any advertisement tomorrow  |
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Guest
on 31 Mar 08 10:46 pm
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| The property market's performance in the first quarter will be out soon. Apart from reflecting poorer market sentiment and diminished enthusiasm by property buyers, the report by URA will set the mood for a correction in terms of the currently unrealistic property prices in the market. Coupled with the negative news that is already coming in from the US for the most visible and prominent of companies there, we are looking at a property market that is weakening as we go into the second quarter of 2008 |
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Guest
on 01 Apr 08 12:12 am
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| Anonymous wrote: | | Anonymous wrote: | Prices cannot hold forever. Singapore's prices, though climbing now, will inevitably fall. For those still stuck in the market then, they will start to see great losses. Corrections and recessions come suddenly, and may occur in the middle of a bull market (see the subprime problems in the US now, just this time last year, the market was very bullish. Also the case historically, including the Japan property bubble, the Asian Financial Crisis, dot com bubble etc etc.).
The US economy will definitely affect the Singaporean property market. Singapore's growth is very highly dependent on its exports. The US is Singapore's largest export market. What with the US dollar weakening and the US market slowing down, Singapore's growth will likely slow in 2008, as its exports decreases, eventually affecting the property market.
Not to mention, MNCs will also be greatly affected by the slowdown of the US economy. This will eventually lead to retrenchments all over the world (Singapore included), further leading to a slowdown in the property market.
Furthermore, as en bloc sales start slowing with property companies exhausting their finances, there will be less people actively searching for property. What with all the ongoing residential projects, supply will be bound to outweigh demand (now largely being fueled by speculators) soon enough.
Admissibly, the property market may continue its trend, but only for a while. This trend is unsustainable, driven by speculators, in the face of a global economic slowdown.
Property is one of the most illiquid investments. Caution should be exercised before plunging in. |
Today is already a buyers' market, so buyers will have to stay patiently to seize the opportunity for a low price purchase. There will be blood in the street.
Speculators are going to give in any time now. Agents are starting to pressurize them to lower down their expectation. You can check by calling any advertisement tomorrow |
anopther follower bubble spreading bubble stories.....property buyer always thought that they can buy cheap, do let us know if you have brought any cheap buy in the market..... i am happy to see if you really got any cheap bargain...... in district 9 !! |
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Guest
on 01 Apr 08 10:06 am
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| Anonymous wrote: | | Anonymous wrote: | Prices cannot hold forever. Singapore's prices, though climbing now, will inevitably fall. For those still stuck in the market then, they will start to see great losses. Corrections and recessions come suddenly, and may occur in the middle of a bull market (see the subprime problems in the US now, just this time last year, the market was very bullish. Also the case historically, including the Japan property bubble, the Asian Financial Crisis, dot com bubble etc etc.).
The US economy will definitely affect the Singaporean property market. Singapore's growth is very highly dependent on its exports. The US is Singapore's largest export market. What with the US dollar weakening and the US market slowing down, Singapore's growth will likely slow in 2008, as its exports decreases, eventually affecting the property market.
Not to mention, MNCs will also be greatly affected by the slowdown of the US economy. This will eventually lead to retrenchments all over the world (Singapore included), further leading to a slowdown in the property market.
Furthermore, as en bloc sales start slowing with property companies exhausting their finances, there will be less people actively searching for property. What with all the ongoing residential projects, supply will be bound to outweigh demand (now largely being fueled by speculators) soon enough.
Admissibly, the property market may continue its trend, but only for a while. This trend is unsustainable, driven by speculators, in the face of a global economic slowdown.
Property is one of the most illiquid investments. Caution should be exercised before plunging in. |
Today is already a buyers' market, so buyers will have to stay patiently to seize the opportunity for a low price purchase. There will be blood in the street.
Speculators are going to give in any time now. Agents are starting to pressurize them to lower down their expectation. You can check by calling any advertisement tomorrow |
How can it be buyers market? If is buyers market, followers don't have to cut & paste so desparately liao leh..
I think is followers to give in any time now lah.. seems like they cannot tahan liao leh!
Everyday Sat look at advertisement many but transaction not many.. seller just test market & die die don't want to sell low.. followers buay tahan liao leh! |
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Guest
on 01 Apr 08 10:39 am
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Challenging Times Ahead for The Singapore Property Investment Sales Market Reports CB Richard Ellis
Strong economic fundamentals and the positive long-term outlook in Singapore underpinned property investment activity even in the uncertain global economic environment.
Singapore (PRWEB) March 29, 2008 -- Despite uncertainty over the global economic repercussions of the sub- prime crisis and the slowing US economy, the Singapore property investment sales market remained surprisingly active in the first two and half months of 2008, with a total of $5.91 billion (to- date) of investment sales recorded. Strong economic fundamentals and the positive long- term outlook in Singapore underpinned property investment activity even in the uncertain global economic environment.
CBRE's definition of investment sales includes real estate sales with a value of at least $5 million comprising government and private sales, buildings and land, strata and enbloc. It also includes the change of ownership of real estate via the sale of shares.
The private sector took the lead in investment sales in the first quarter of 2008, accounting for 55 per cent or $3.27 billion (to- date) of the quarter's total investment sales. Public land sales have so far contributed the remaining 45 per cent or $2.64 billion. The most significant public land sale in the first quarter so far was the award of a hospital site at Novena Terrace/Irrawaddy Road to Parkway Holdings for $1.25 billion ($1,600 psf/plot ratio). The winning bid was more than double the next bid submitted by Napier Medical Pte Ltd at $540.88 million ($695 psf/plot ratio). A commercial site comprising 17 conservation shophouses at Jalan Sultan, was awarded to Chiu Teng Estates Pte Ltd for $14.80 million ($974 psf/plot ratio). A total of 20 bids were submitted for this site, indicating investors' strong interest for commercial development sites. Other notable public sector sales in Q1 08 (to- date) includes a residential site at Simei Street 4 which was sold to a joint venture between UOL Group and Khe ng Leong for $236.05 million ($296 psf/plot ratio), an industrial site at Playfair Road which was sold to Trio Link Development Pte Ltd for $33 million ($142 psf/plot ratio) as well as a 15- year leasehold transitional office site at Mountbatten Road which was awarded to Mezzo Properties Pte Ltd for $14.89 million ($69 psf/plot ratio). In addition, the last condominium site at Sentosa Cove was awarded to a joint venture between Ho Bee Group and IOI Properties for $1.10 billion ($1,822 psf/plot ratio).
The office sector performed well during the first three months of 2008, accounting for 34 per cent of total investment sales or $2.01 billion so far. Despite signs of rising caution due to the impact of the US sub- prime mortgage problems, healthy office leasing momentum and Singapore's strong economic fundamentals continued to drive substantial investment activity in the office sector. Foreign investors showed no sign of scaling back office investment activity, as evidenced by some notable office sales during the quarter. This included the sale of Hitachi Tower to a foreign fund for $811 million ($2,901 psf) and Singapore Power Building was sold to Pacific Star Group for $1.01 billion ($1,820 psf). In addition, Auric Pacific Group sold One Phillip Street to New Star International (Singapore) Pte Ltd for $99.02 million ($2,749 psf). Going forward, strong office demand and potential for further rental escalation would lead to more acquisitions of office properties in 2008. The sustained influx of foreign investors should continue to lead to steady activity in the office investment market.
Investment activity in the residential sector slowed considerably in Q1 08, contributing $2.23 billion (to- date) in transacted value (including Good Class Bungalow sales) or 38 per cent of total investment sales. Compared with the heightened investors' interest in en bloc acquisition witnessed in 2007, investors' demand for private residential land continued to be lukewarm in the first quarter of 2008. Developers are no longer as keen to acquire more sites compared to last year as most of them have built a relatively strong inventory of freehold residential sites from the robust collective sales market in 2007. It was observed that developers have already taken the cue to act cautiously. The buying of sites has been so far limited to specific choice sites since the response to recent new launches has been subdued. In addition, the release of more affordable 99-year leasehold residential sites by the Government for sale in the first half of 2008 may sway some buying interest away from prime freehold residential sites in the private sector. The only successful collective sale deal in Q1 08 was Ban Guan Park which was acquired by Link THM Holdings Pte Ltd for $31.10 million ($870 psf/plot ratio). In March, a fund managed by ARA Asset Management purchased 53 units at Grange Infinite for about $400 million ($2,600- $2,700 psf).
Investment in the industrial sector has been largely driven by REIT- related purchases and accounted for 6 per cent of total investment sales or $333.66 million in the first quarter so far. Ascendas REIT (A- REIT) contributed the bulk of industrial investment sales by acquiring four industrial properties for a total of $176.70 million. MapletreeLog also continued to expand its portfolio size and value in the quarter by acquiring two properties for a total of $66.50 million.
The investment sales market is likely to see a challenging year in 2008. Amidst the global financial turmoil resulting from the US sub- prime crisis, real estate investors are expected to take a longer time to assess the market prospects before committing to an investment deal. As such, the investment market is unlikely to see a high volume of transactions in the first half of 2008. Nevertheless, continued strong growth in Asia, coupled with Singapore's position as a financial services hub and popular business destination for MNCs will help to maintain a healthy level of investment activity in the Singapore property market. |
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MasterChief
Guest
on 01 Apr 08 2:23 pm
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To the person who posted before me; where do you get your news source from? If the source is local, I ain't trusting it as the media is controlled and the govt likes to hype things up here.
As for this post on page 6:
| Anonymous wrote: | sad to say ..nothing is cheap in singapore now
even HDB asking for High prices
Property prices will go down , i doubt so
Sillyporeans might think that wow so expensive
but to those rich ppl in arab , UK , HK and indo
It is so much cheaper then their own country
Just by posting craps here can bring the prices down?
Want to challenge with those millionairs and billionairs
i doubt so
This world is driven by Rich ppl not those who talk a lot
but actually trying to struggle to even own a small condo unit
This is Life
have to accept it............ |
Where the hell did this come from? You say that prices are CHEAP here? Rental is through the roof and unacceptable. I used to live in Switzerland and I can tell you that for a rental of 2k SGD a month you can get a decent heat insulated / soundproofed 2+1+1 apartment, properly renovated in mint condition.
Here what can you get for 2k rental? A lousy rotting conditioned HDB where you can hear everything that goes on beyond your walls, and where people walking by can peek into your living room. I am currently staying at a friends place in holland v. Its a house with its own tiny garden; there is no sound insulation, and the "window" for the room I stay in is peices of sliced glass - that means it does not close properly which translates into conversations taking place on the street being so audible that they might as well be happening on my room. She is paying 2.3k for that house and rental is set to increase to at least 3k+, possibly even 4k. For that kind of money you can rent a top grade 3+1 apartment with full view of mountains and lake in Switzerland, elevator that GOES DIRECTLY INTO APARTMENT, floor heating and sound insulation that is so advanced that if you close the window, the neighbors house can be on fire you would not hear a thing!
And no, I do not have to "accept it" - I can just leave this country anytime. People like myself will not put up with this kind of property abuse indefinataly. Those who can afford to move out of this country WILL move out. Then singapore will be stuck with some 90-95% of the struggling-unable-to-retire population living their lives to serve the uber rich. What truly cracks me up though is how people here are so proud of their nation despite how the govt continues to screw them by tightening the land supply to increase the demand. This is done in order to keep the prices where they want it: high. |
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Guest
on 01 Apr 08 2:28 pm
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HDB and private property prices up in Q1 flash estimates
Posted: 01 April 2008 1345 hrs
Private residential property prices in Singapore rose 4.2 percent in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.
The pace was slower than the 6.8 percent clip recorded in the fourth quarter of last year.
On a quarter on quarter basis, the biggest rise in property prices for non-landed properties came from the central districts just outside the prime postal districts of 9, 10 and 11.
Prices in these central areas increased 7.7% in January to March, compared with the October to December period.
Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa, rose 7.5 percent on quarter.
And those in the rest of Singapore advanced about 7 percent in the first quarter from the previous three months.
The preliminary estimates are based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.
Meantime, the Housing and Development Board says prices of HDB resale flats rose 3.4 percent in the January to March period over the previous three months.
This is lower than the 5.7% increase in the fourth quarter.
Both the URA and HDB will release final figures at the end of April.
The URA said in its release, that as at 4th Quarter 2007,there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.
There are also some 38,300 units that have yet to be put on sale by developers.
As for the supply of government flats, the HDB said it had made available in the first quarter of this year, some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.
It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.
The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.
This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the 1st half of 2008. - CNA/sf |
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Guest
on 01 Apr 08 2:30 pm
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| MasterChief wrote: | To the person who posted before me; where do you get your news source from? If the source is local, I ain't trusting it as the media is controlled and the govt likes to hype things up here.
As for this post on page 6:
| Anonymous wrote: | sad to say ..nothing is cheap in singapore now
even HDB asking for High prices
Property prices will go down , i doubt so
Sillyporeans might think that wow so expensive
but to those rich ppl in arab , UK , HK and indo
It is so much cheaper then their own country
Just by posting craps here can bring the prices down?
Want to challenge with those millionairs and billionairs
i doubt so
This world is driven by Rich ppl not those who talk a lot
but actually trying to struggle to even own a small condo unit
This is Life
have to accept it............ |
Where the hell did this come from? You say that prices are CHEAP here? Rental is through the roof and unacceptable. I used to live in Switzerland and I can tell you that for a rental of 2k SGD a month you can get a decent heat insulated / soundproofed 2+1+1 apartment, properly renovated in mint condition.
Here what can you get for 2k rental? A lousy rotting conditioned HDB where you can hear everything that goes on beyond your walls, and where people walking by can peek into your living room. I am currently staying at a friends place in holland v. Its a house with its own tiny garden; there is no sound insulation, and the "window" for the room I stay in is peices of sliced glass - that means it does not close properly which translates into conversations taking place on the street being so audible that they might as well be happening on my room. She is paying 2.3k for that house and rental is set to increase to at least 3k+, possibly even 4k. For that kind of money you can rent a top grade 3+1 apartment with full view of mountains and lake in Switzerland, elevator that GOES DIRECTLY INTO APARTMENT, floor heating and sound insulation that is so advanced that if you close the window, the neighbors house can be on fire you would not hear a thing!
And no, I do not have to "accept it" - I can just leave this country anytime. People like myself will not put up with this kind of property abuse indefinataly. Those who can afford to move out of this country WILL move out. Then singapore will be stuck with some 90-95% of the struggling-unable-to-retire population living their lives to serve the uber rich. What truly cracks me up though is how people here are so proud of their nation despite how the govt continues to screw them by tightening the land supply to increase the demand. This is done in order to keep the prices where they want it: high. |
Swiss cheap?
must be kidding
can we buy a plate of chicken rice for 3 bucks there?
can we buy a can of coke for a dollar?
try asking a auntie to go to swiss and stay
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Guest
on 01 Apr 08 4:08 pm
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| thats why it is called a "market" where buyers meet sellers, with both having very different long term views. |
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MasterChief
Guest
on 01 Apr 08 4:37 pm
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| Anonymous wrote: | | MasterChief wrote: | To the person who posted before me; where do you get your news source from? If the source is local, I ain't trusting it as the media is controlled and the govt likes to hype things up here.
As for this post on page 6:
| Anonymous wrote: | sad to say ..nothing is cheap in singapore now
even HDB asking for High prices
Property prices will go down , i doubt so
Sillyporeans might think that wow so expensive
but to those rich ppl in arab , UK , HK and indo
It is so much cheaper then their own country
Just by posting craps here can bring the prices down?
Want to challenge with those millionairs and billionairs
i doubt so
This world is driven by Rich ppl not those who talk a lot
but actually trying to struggle to even own a small condo unit
This is Life
have to accept it............ |
Where the hell did this come from? You say that prices are CHEAP here? Rental is through the roof and unacceptable. I used to live in Switzerland and I can tell you that for a rental of 2k SGD a month you can get a decent heat insulated / soundproofed 2+1+1 apartment, properly renovated in mint condition.
Here what can you get for 2k rental? A lousy rotting conditioned HDB where you can hear everything that goes on beyond your walls, and where people walking by can peek into your living room. I am currently staying at a friends place in holland v. Its a house with its own tiny garden; there is no sound insulation, and the "window" for the room I stay in is peices of sliced glass - that means it does not close properly which translates into conversations taking place on the street being so audible that they might as well be happening on my room. She is paying 2.3k for that house and rental is set to increase to at least 3k+, possibly even 4k. For that kind of money you can rent a top grade 3+1 apartment with full view of mountains and lake in Switzerland, elevator that GOES DIRECTLY INTO APARTMENT, floor heating and sound insulation that is so advanced that if you close the window, the neighbors house can be on fire you would not hear a thing!
And no, I do not have to "accept it" - I can just leave this country anytime. People like myself will not put up with this kind of property abuse indefinataly. Those who can afford to move out of this country WILL move out. Then singapore will be stuck with some 90-95% of the struggling-unable-to-retire population living their lives to serve the uber rich. What truly cracks me up though is how people here are so proud of their nation despite how the govt continues to screw them by tightening the land supply to increase the demand. This is done in order to keep the prices where they want it: high. |
Swiss cheap?
must be kidding
can we buy a plate of chicken rice for 3 bucks there?
can we buy a can of coke for a dollar?
try asking a auntie to go to swiss and stay
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Point taken. Food is much more expensive there forcing people to cook at home which is much less convenient. But i DID forget to mention one crucial thing about Switzerland: not only are rentals much better value for money and cheaper, salaries are 2-3x higher then this place. So in effect, you earn 2-3x more, pay the same or less for a much more comfy place. Here you earn less and pay more for your rental. |
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