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Guest
on 23 Jan 08 1:32 pm
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 Price increasing for singapore property ! |
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Singapore property downturn has overlong lasting from 1997 until 2007 then pick up in about 30%. for those people who are interested in long term investment in property, better buy now since the market has slow down a bit before it is too late.. don't expect for fall 20% from the current level, that is history.... for district 9 Dhoby Ghaut MRT, river valley area.
all future near MRT condo are selling $1000 up (minimum) so dun't expect district 9 to come any closer to this range....
with the economy slowing down, investment in share market has taken a bitten, US interest rate cut of 0.75 percent to 3.5%....smart people will transfer their money investment to a save heaven which is property sector in singapore which has not been raisen so much as compare to those asian countries...about 30% for 2007....
singapore has attracted new investment and created another 8000 new jobs in the last quarter of 2007. more foreign are expected to come into singapore. Even more jobs creation when the casino start to operate, more foreigner will come into singapore....singapore infractstucture have improved since 1997 and the proper market has slowed down for about 10 years, year 2007 is the first year proper market pick up, it will not die down so soon..... mininum expect to grow for at least 5 - 10 years. as long as economy grow, property price will increase accordingly. Even with a higher inflation rate, property price will grow faster that means (economy + inflation) rate together....
I am a long term investor in parc emily since it launch in 2005.... can fetech high rental return value, at $1400 level near Dhoby Ghaut MRT. Do you know that wakie edge 100+ apartment is not for sale, developer are not selling those units for no reason, SMU and Casino is nearby mount sohpia emily with walking distance to MRT, new launching at nearby area between $1600 to $1773 psf for CDL and another new Sophia road development.
latest 600 sft selling $1 million new launch
wah, very tempted to sell to take profit but i think i will hold for longer term.....
future price appreciation in the mount emily and sophia area is tremendous.....watch out |
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Guest
on 23 Jan 08 1:54 pm
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I do not agree with you brother; due to US economy and other global factors Singapore property market is coming down....
There would be some fall in the market as the current trend of less units sold per month continue. |
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Guest
on 23 Jan 08 3:05 pm
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| Anonymous wrote: | I do not agree with you brother; due to US economy and other global factors Singapore property market is coming down....
There would be some fall in the market as the current trend of less units sold per month continue. |
everyone also put the blame on US now
haha
lets all leave the entire planet earth
and stay somewhere else  |
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Guest
on 23 Jan 08 4:41 pm
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| Yes, it's true that prices seem like not going down, but imagine buying a unit at above $1000 psf and for some reason the market crash you will be stuck with a high loan. It's better to be safe than sorry. |
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Guest
on 23 Jan 08 9:47 pm
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| Anonymous wrote: | | Yes, it's true that prices seem like not going down, but imagine buying a unit at above $1000 psf and for some reason the market crash you will be stuck with a high loan. It's better to be safe than sorry. |
Rich people don't bother!! |
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Guest
on 23 Jan 08 10:54 pm
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| Anonymous wrote: | | Yes, it's true that prices seem like not going down, but imagine buying a unit at above $1000 psf and for some reason the market crash you will be stuck with a high loan. It's better to be safe than sorry. |
By just saying "in case", then you should forever stay at the sideline is wise for you... cos nobody can will know what will happen next!
Even if the property pick up again... you will have another "in case" reason!
Last time ppl said 5rm $100k is crazy.. later ppl said $300k is crazy.. again later at $500k also said crazy.. now is transacting at $700k!
Ppl simply say "the higher it goes, the heavier it falls".. so if one day 5 rm rise till $1million.. do you think it will fall heavily to $100k? This philosophy don't apply to property lah!!
That's why ppl always think property wise for long term investment! |
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Guest
on 24 Jan 08 1:23 pm
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| Price has soften and property investor has 3 months window period of selective buying at good price... after this period the property price will grow and break through another new high... look at the big picture, interest rate is coming down... .. dun listen to those miss the boat talk about property crash , price drop 50% non-sense talk |
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Guest
on 24 Jan 08 1:41 pm
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people who dun know about economy cycle will say both STOCK and PROPERTY tumble.... let me tell you all....why GOLD break new high ? go and do some research and you will know...whoever interested to buy property, better buy FAST... singapore property shooting UP the roof even stock market down....
this is my analysis because i am the one who has posted this threat...who has enter the property market back 2005 ....with no movement until the property pick up in only 2007 |
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Guest
on 24 Jan 08 1:49 pm
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| hello follower, you have any real live experience in life when you talk about STOCK and PROPERTY tumble ? no right, then keep quite for those miss the boat..... |
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Guest
on 24 Jan 08 1:52 pm
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| buy property the right move ...thanks man |
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Guest
on 24 Jan 08 3:24 pm
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| government releasing property index for 2007 fourth quarter....expecting result encouraging ..... |
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Guest
on 24 Jan 08 5:33 pm
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| Followers are good in searching for any bad news, "cut & paste" & start to talk like expert!! |
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Guest
on 24 Jan 08 7:19 pm
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| Anonymous wrote: | people who dun know about economy cycle will say both STOCK and PROPERTY tumble.... let me tell you all....why GOLD break new high ? go and do some research and you will know...whoever interested to buy property, better buy FAST... singapore property shooting UP the roof even stock market down....
this is my analysis because i am the one who has posted this threat...who has enter the property market back 2005 ....with no movement until the property pick up in only 2007 |
Ppl like to link stock to property.. & talk like expert.. so let us talk about that..
Since property broke previous high in Nov 2006 (around 28XX), everything goes into a new thread.. it was a major resistant that took the third/forth time to break it from in the history of the STI.
From that moment onwards, everything started to look UP, & record breaking came in one by one!!
Don't always think history will repeat.. every one cent up next moment will increase by 2 cents.. if there is any so called correction.. buy it before it goes further!! |
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Guest
on 24 Jan 08 10:07 pm
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| i dun understand what your mean ? stock up 28XX high at 2006 ? i thought the stock highest point in 2007 around oct period about 3000 level .... |
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Guest
on 24 Jan 08 10:08 pm
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| correction "above 3000 level" |
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StockMan
Guest
on 24 Jan 08 10:26 pm
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| People save money for what?Invest money for what?I am eating 3x a day, having the time to exercise and work and play with my family. That is my investment, to die happily. |
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Guest
on 24 Jan 08 10:35 pm
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| Anonymous wrote: | | i dun understand what your mean ? stock up 28XX high at 2006 ? i thought the stock highest point in 2007 around oct period about 3000 level .... |
I mean for the past 30 over year, 4 times tested the 28XX and couldn't broke the major resistant (1994, 1996, 2000, early 2006) ... it only broken in End 2006 ...
So from then on it enter into a major upswing & a new set of thread of bull run... now 28XX has become a major support to hold on to this upswing... as long as STI can hold above 28XX level, there is nothing to be too worry about! |
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Guest
on 25 Jan 08 9:54 am
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| StockMan wrote: | | People save money for what?Invest money for what?I am eating 3x a day, having the time to exercise and work and play with my family. That is my investment, to die happily. |
You are right! Some ppl say cash is king.. you can have lot of cash.. in the end also can't bring along with you when you leave the world.
As for me, I don't mind spend on property, on one hand, let me & my family to enjoy life, cos life is short... one the other hand, treat it as long investment. |
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Guest
on 25 Jan 08 11:51 pm
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| Anonymous wrote: | | Followers are good in searching for any bad news, "cut & paste" & start to talk like expert!! |
miss the boat, alway say ppl "follower", "cut & paste", "start to talk like expert" because ppl got foresight "property crash" "down down down" what else can the miss the boat say ? jealous ppl make money in property hah.....
to all property buyer whether long term or short term..... cheers for 2008 !!! |
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Guest
on 26 Jan 08 12:06 am
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| Anonymous wrote: | | StockMan wrote: | | People save money for what?Invest money for what?I am eating 3x a day, having the time to exercise and work and play with my family. That is my investment, to die happily. |
You are right! Some ppl say cash is king.. you can have lot of cash.. in the end also can't bring along with you when you leave the world.
As for me, I don't mind spend on property, on one hand, let me & my family to enjoy life, cos life is short... one the other hand, treat it as long investment. |
That's the best investment you have there pal.As long as we dont over spent what we have and overwork ourselves, sure enough we have so much time for our family.My Father at the age of 70+ told me a golden words to remember"Eat,drink and be merry in the circle of your family and friends for tommorro you shall die"......  |
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