Price increasing for singapore property !

Guest · on *03 Apr 08 9:53 am*

my neighbor's rental increased by 20% last week. wa lau!

Guest · on *03 Apr 08 9:59 am*

This is my 2nd time to increase rental on my tenant after 1 year.
They told me even if they look for elsewhere, is still the same, cos they understand that rental market keep going up!

Guest · on *03 Apr 08 10:24 am*

Guest · on *03 Apr 08 10:24 am*

they rent because they sold their units so that they could buy cheaper?

Guest · on *03 Apr 08 10:41 am*

Guest · on *03 Apr 08 10:45 am*

Guest · on *03 Apr 08 10:49 am*

Guest · on *03 Apr 08 10:50 am*

Guest · on *03 Apr 08 10:52 am*

Buyers can buy anytime from developer but not re-sale from you wait long long lah
Laughing

Guest · on *03 Apr 08 5:31 pm*

Soros Sees Additional Market Declines After Temporary Reprieve

By Katherine Burton

April 3 (Bloomberg) -- Billionaire George Soros called the current financial crisis the worst since the Great Depression and said markets will fall more this year after a brief rebound.

``We had a good bottom,'' Soros said yesterday in an interview in New York, referring to the rally in stocks and the dollar after JPMorgan Chase & Co. agreed to buy Bear Stearns Cos. on March 17. ``This will probably not prove to be the final bottom,'' he said, adding the rebound may last six weeks to three months as the U.S. moves closer to a recession.

Last summer, worried about market disruptions that started with rising subprime-mortgage defaults, Soros, 77, returned to a more active role in managing the $17 billion Quantum Endowment Fund, whose profits pay for his philanthropic projects. Quantum returned an average of 30 percent a year before Soros started using outside managers in 2000 for much of his money.

He also decided to write a book, his 10th, ``The New Paradigm for Financial Markets'' (Public Affairs, 2008). Released today online, the book explains the causes of the current meltdown, a crisis he says has been in the making since 1980, and the trades he put in place this year to protect his wealth, much of it in Quantum.

Soros has bet on declines in the dollar, 10-year Treasuries and U.S. and European stocks. He expected foreign currencies to rise, as well as Chinese and Indian equities. The latter bet helped Quantum return 32 percent in 2007. Quantum's returns this year have ranged from up 3 percent to down 3 percent.

`Heightened Uncertainty'

The euro has climbed 7.5 percent against the dollar this year and the Japanese yen has gained 9.1 percent. These and other currencies may continue to strengthen, he said.

``There is an increasing unwillingness to hold dollars, though there's a lack of suitable alternatives,'' he said. ``It's a period of heightened uncertainty.''

Federal Reserve officials dropped their benchmark interest rate 2 percentage points this year to 2.25 percent, and Soros doesn't see that they can lower the rate much further, given the weak dollar.

``We are close to the limit,'' he said.

As for his wagers on developing markets, Soros hasn't abandoned his holdings in India, even with the 22 percent drop in the benchmark Indian index this year.

``The fundamentals remain good,'' he said. He is less certain about what will happen to Chinese H shares, which trade in Hong Kong.

Credit-Default Swaps

Credit default swaps -- a way to bet on the creditworthiness of a company -- may be the next crisis area because the market is unregulated, and it's impossible to know whether counterparties can meet their obligations in the event of a bond default. The market has a notional value of about $45 trillion -- or about half the total wealth of U.S. households.

Soros recommends the creation of an exchange with a sound capital structure and strict margin requirements, where current and future contracts could be traded.

The cause of the current troubles dates back to 1980, when U.S. President Ronald Reagan and U.K. Prime Minister Margaret Thatcher came to power, Soros said. It was during this time that borrowing ballooned and regulation of banks and financial markets became less stringent. These leaders, Soros said, believed that markets are self-correcting, meaning that if prices get out of whack, they will eventually revert to historical norms. Instead, this laissez-faire attitude created the current housing bubble, which in turn led to the seizing up of credit markets and the demise of Bear Stearns, Soros said.

To avoid a super-bubble in the future, Soros said banks must control their own borrowing. They must also curtail lending to clients such as hedge funds by demanding greater collateral and margin requirements on loans.

Asked if such moves would make it impossible to achieve returns like those of his pre-2000 days, Soros laughed.

``Since I'm designing these regulations, they would not hurt me,'' he said. ``We made direction bets but we haven't used leverage'' like the $25-to-$1 borrowing that brought down John Meriwether's Long-Term Capital Management LLC in 1998.

Guest · on *03 Apr 08 6:59 pm*

GET ALL YOUR MONEY REALLY
ITS GOING TO BE A BUYING SPEAR Laughing

PRICE FALL for wat, for the rich to pick ha ha ha Laughing

PRICE RISE for wat for the rich to sell Lor ha ha ha Laughing

Guest · on *03 Apr 08 7:25 pm*

Guest · on *03 Apr 08 9:02 pm*

Guest · on *03 Apr 08 10:23 pm*

Jobless Claims Shoot Up to 2-Year High
Thursday April 3, 8:58 am ET
By Jeannine Aversa, AP Economics Writer
Jobless Claims Shoot Up to Highest Point Since September 2005, More Strains Evident in Economy

WASHINGTON (AP) -- The number of new people signing up for unemployment benefits last week shot up to the highest level in more than two years, fresh evidence of the damage to a national economy clobbered by housing, credit and financial crises.

The Labor Department reported Thursday that new applications filed for unemployment insurance jumped by a seasonally adjusted 38,000 to 407,000 for the week ending March 29. The increase left claims at their highest point since Sept. 17, 2005, following the blows of the devastating Gulf Coast hurricanes.

"This report supports the view that the jobs market is deteriorating toward recessionary conditions," said T.J. Marta, a fixed-income strategist at RBC Capital Markets.

The latest snapshot of labor activity was worse than economists had anticipated. They had predicted claims would be much lower, around 365,000.

A government analyst said some of the big increase in claims may have been related to an early Easter holiday this year, where claims that weren't filed or processed during the holiday week were pushed forward into the following week.

Still, looking at the longer-term trend there was little doubt of the pickup in unemployment filings. A year ago, new claims stood at 319,000.

Meanwhile, the number of people continuing to collect unemployment benefits rose by a sharp 97,000 to 2.94 million for the week ending March 22, the most recent period for which that information is available. That was the highest since July 17, 2004.

The economy is suffering from a trio of mighty blows -- a housing collapse, a credit crunch and a financial system in turmoil. That's causing people and businesses to hunker down, crimping spending, capital investment and hiring. Those things in turn further weaken the economy, in a vicious cycle.

For the first time, Federal Reserve Chairman Ben Bernanke acknowledged on Wednesday said the country could be heading toward a recession. Many other economists and the public believe it's already there.

Employers cuts jobs in January and February, and economists are predicting more losses when the government releases the March employment report on Friday.

The nation's unemployment rate, now at 4.8 percent, is expected to rise to 5 percent in March. The jobless rate could climb to 5.5 percent or higher by the end of this year, according to some analysts' projections.

To bolster the economy the Fed has been cutting a key interest rate to induce people and companies to boost their spending. Many analysts still predict another reduction to that rate when the central bank meets later this month, although Bernanke didn't tip his hand about the Fed's next rate move. Cool

Guest · on *03 Apr 08 10:55 pm*

Guest · on *03 Apr 08 11:18 pm*

Guest · on *04 Apr 08 1:39 am*

Guest · on *04 Apr 08 4:22 am*

potential buyer listen to DIVA king, followers all kena cheaped by their 20% down crashing stories... singapore property price has been increasing steadily for the past 6 mths.... now DIVA king will cut & paste more crashing stories....sure down 20% for the next 6 mths.....theory will surface again.....where the hell is DIVA KING CON MAN.... show us your wonderful crashing theory !!! ppl make money riding together with the wave, DIVA KING CON MAN teach ppl to ride against the wave....no wonder captsize Wink

Guest · on *04 Apr 08 7:14 am*

Price increasing for singapore property !

Singapore Room & House For Rent, Sale, Buy, & Sell

Price increasing for singapore property !