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 06 Oct 08 3:34 pm |
| Anonymous wrote: | vAluation coming down, Just call up one unit at Bt Batok 4Rm 642, value at 335K veri High floor asking 50K (dreaming owner) that area a few months ago sell around 400K.
Wait and wait price coming down |
haha...I think you confuse with it with the newer blocks at 62x series...
block 642 is the older series, price is relatively lower and there's no reduce in valuation...haha.. I think u waited and searching for HDB flat too long until you blur...  |
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06 Oct 08 4:21 pm |
| Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200  |
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06 Oct 08 4:33 pm |
| Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
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06 Oct 08 4:37 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
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06 Oct 08 4:42 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
Stock market is based on market investor & speculator of profit & loss from selling shares.
HDB is purely based on basic housing demand & supply in Spore.
fyi, 1 eligible family can only own 1 HDB unit, you want to buy more also not allowed....
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06 Oct 08 4:45 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
Yeaps and in July, when Tony Tan of GIC said recession incoming, everyone thought he's being too gloomy.  |
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06 Oct 08 4:46 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
and 4.2% is also lower than previous quarter... |
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06 Oct 08 4:52 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
and 4.2% is also lower than previous quarter... |
so? even if next quarter increase is lower...
for $300k x 1.03 = $309k
increase of 9k + your rental for 3 months (1.8k x 3)
so your opportunity & waiting cost is at least 15k for next 3 months...haha
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06 Oct 08 10:41 pm |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | rebounce lah. then will down again to look for the bottom. So, yesterday one is not the bottom yet. Later get worse, when reach the worst, that is the bottom.
HSI up 7% you call rebounce.Oh.. another sour grapesDow up 1000 pts you also call rebounce. So when dow hits 15000 you also said rebounce?
Bet with me lah, this point onwards, STI will not see 2500 anymore. |
STI below 2200 |
3rd quarter 2008 HDB resales index up 4.2% :\o\: |
HDB transacted prices are at least 2 months old. |
and 4.2% is also lower than previous quarter... |
so? even if next quarter increase is lower...
for $300k x 1.03 = $309k
increase of 9k + your rental for 3 months (1.8k x 3)
so your opportunity & waiting cost is at least 15k for next 3 months...haha
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Haha:lol: Thats right! Carry on waiting....... |
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06 Oct 08 11:28 pm |
| Anonymous wrote: |
Haha:lol: Thats right! Carry on waiting....... |
Its not that simple.
When you are renting, you are in control of your expenditure. Tomorrow if the recession hits real hard, house values fall, you lose job... you can still manage. Downgrade to a room rental(which would be much cheaper then), live on your savings and just wait out till the storm is past.
If you own a home, home value falls(cannot sell), rates high and mortgage increases, fixed running costs for home etc. If you lose your job, then gone case. If you have family then prepare for real pain.
So its not a simple calculation of how much you spend on rent vs home mortgage. Its about playing it safe and keeping options open. Buying house means you are committed for 30years loan. House is not a liquid asset where you can get in our out fast. |
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07 Oct 08 12:10 am |
One word rules it all in this economic envt we are in: Prudence.
Spouse and I are so glad we waited. Else.. buy in haste, repent in leisure. If we had bought a flat hastily few months ago on agent's advice.. man, today.. imagine the hours of nagging I have to endure .. Just joking! :p |
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07 Oct 08 12:16 am |
| Anonymous wrote: | | Anonymous wrote: |
Haha:lol: Thats right! Carry on waiting....... |
Its not that simple.
When you are renting, you are in control of your expenditure. Tomorrow if the recession hits real hard, house values fall, you lose job... you can still manage. Downgrade to a room rental(which would be much cheaper then), live on your savings and just wait out till the storm is past.
If you own a home, home value falls(cannot sell), rates high and mortgage increases, fixed running costs for home etc. If you lose your job, then gone case. If you have family then prepare for real pain.
So its not a simple calculation of how much you spend on rent vs home mortgage. Its about playing it safe and keeping options open. Buying house means you are committed for 30years loan. House is not a liquid asset where you can get in our out fast. |
But if u own a house, u can rent out 1 room to generate Cash when u r desperate for it !!!! |
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07 Oct 08 12:42 am |
| Anonymous wrote: |
But if u own a house, u can rent out 1 room to generate Cash when u r desperate for it !!!! |
Lol, how much rent can a room get you? $300? |
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07 Oct 08 9:16 am |
| Anonymous wrote: | | Anonymous wrote: |
Haha:lol: Thats right! Carry on waiting....... |
Its not that simple.
When you are renting, you are in control of your expenditure. Tomorrow if the recession hits real hard, house values fall, you lose job... you can still manage. Downgrade to a room rental(which would be much cheaper then), live on your savings and just wait out till the storm is past.
If you own a home, home value falls(cannot sell), rates high and mortgage increases, fixed running costs for home etc. If you lose your job, then gone case. If you have family then prepare for real pain.
So its not a simple calculation of how much you spend on rent vs home mortgage. Its about playing it safe and keeping options open. Buying house means you are committed for 30years loan. House is not a liquid asset where you can get in our out fast. |
Just show how naive some people are...i dont need to explain much...if u think renting is better..then carry on renting...lots of people rent will push the market up again...and we all can't buy house liao...keep renting!! |
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07 Oct 08 9:28 am |
| Anonymous wrote: | | Anonymous wrote: |
Haha:lol: Thats right! Carry on waiting....... |
Its not that simple.
When you are renting, you are in control of your expenditure. Tomorrow if the recession hits real hard, house values fall, you lose job... you can still manage. Downgrade to a room rental(which would be much cheaper then), live on your savings and just wait out till the storm is past.
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repayment of loan is less than the current rental please note.
"Downgrade to a room rental" now smaller rooms will almost cost to the same as your current flat. And again you have to pay agent comission when you are moving in to the new hose. You need to plan for your packaging and transporting your things. When you dont have job and in recession i hope you will not be interested to spend on this.
Note:What will happen if the rental has gone above 2000SGD. |
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07 Oct 08 10:15 am |
No matter how, rent a hse is still not a long term solution...cos you don't have a proper hse for yrslf and your family.
I believe you will not like the owner to increase your rental and force you to keep moving fr places to places and what will your wife and kids think of you?
Get a new flat, get hdb loan and have a permanent roof over your head.
your cpf shd be able to pay up the loan eventually if you and wife works. |
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07 Oct 08 10:19 am |
| oh please. when there's recession u think rentals will be so high? already Grade A office vacancy doubled in Q3 and office rentals are expected to soften in early 2009. why would housing rentals still be so high? |
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07 Oct 08 10:21 am |
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: |
Haha:lol: Thats right! Carry on waiting....... |
Its not that simple.
When you are renting, you are in control of your expenditure. Tomorrow if the recession hits real hard, house values fall, you lose job... you can still manage. Downgrade to a room rental(which would be much cheaper then), live on your savings and just wait out till the storm is past.
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repayment of loan is less than the current rental please note.
"Downgrade to a room rental" now smaller rooms will almost cost to the same as your current flat. And again you have to pay agent comission when you are moving in to the new hose. You need to plan for your packaging and transporting your things. When you dont have job and in recession i hope you will not be interested to spend on this.
Note:What will happen if the rental has gone above 2000SGD. |
funny. If the rental can go above $2000, no more economic crisis.
When recession comes, those who are renting worry of rental - small amount and will shrink when economy worsens; those who bought overpriced hdb worry of mortgage - fixed big amount and need to pay more if interests increase.
Who will suffer more? |
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07 Oct 08 10:24 am |
| Anonymous wrote: | No matter how, rent a hse is still not a long term solution...cos you don't have a proper hse for yrslf and your family.
I believe you will not like the owner to increase your rental and force you to keep moving fr places to places and what will your wife and kids think of you?
Get a new flat, get hdb loan and have a permanent roof over your head.
your cpf shd be able to pay up the loan eventually if you and wife works. |
renting is not a long term solution, but it's an effective solution in current situation. |
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