|
|
| Author |
Message |
Sponsored Links
|
|
 |
Guest
on 12 May 08 4:27 pm
|
 |
 |
|
| Anonymous wrote: | | new project sold at 1000psf in march 08, now asking less than 800psf |
Where where I would like to sell at 800psf too! |
|
| Back to top |
|
|
Sponsored Links
|
|
|
Guest
on 12 May 08 4:29 pm
|
| |
|
|
| Anonymous wrote: | VACANT REAL(I)TY
----------------------
REPORT PUT OUT BY AN INVESTMENT BANK YESTERDAY FOR CLIENTS
They are calling for the bursting of property bubble. Prices already down 20%, but to fall by another 40%.
Reasons given :
1. Withdrawal of liquidity
2. Dumping by marginal speculators. Many investors holding multiple properties, unable to cough up additional margin demanded by banks and unable to get out as no buyers
3. Price cuts by developers on unsold units
4. Rising supply and sharp rise in vacant homes
5. Deterioration in employment situation
6. Low rental yields with rentals falling
7. Slow capital flows , less attractive with S$ strengthening
Analyst projects 40% decline which would still make prices 25% higher than 2005 which is the equilibrium level.
Buyer beware !! |
Gee this is serious. Diva said that too! Faster run if not sure die one! |
|
| Back to top |
|
|
Guest
on 12 May 08 4:31 pm
|
| |
|
|
| Anonymous wrote: | | Anonymous wrote: | | new project sold at 1000psf in march 08, now asking less than 800psf |
where??? |
Don't pretend blurr lah! It is where you and yr flipper friends bought eight unit hoping to make a killing. Now stuck! |
|
| Back to top |
|
|
Guest
on 12 May 08 6:14 pm
|
| |
|
|
| Lots of flippers are putting up a show when they know that they are dead this time. They hope for price recovery. Yes prices will recover but in 5 years time. It will be too long! |
|
| Back to top |
|
|
Guest
on 12 May 08 6:53 pm
|
| |
|
|
Then when is the best time to buy? Lots of miss the boat Diva followers waiting for market to fall and crash so that they can also go swim in the market with their flippers.  |
|
| Back to top |
|
|
Guest
on 12 May 08 8:38 pm
|
| |
|
|
read this story on CNBC about a US flipper who bought 9 properties.
Now kenna bankrupt. 
too much greedy people |
|
| Back to top |
|
|
Guest
on 12 May 08 8:52 pm
|
| |
|
|
| Anonymous wrote: | | Then when is the best time to buy? Lots of miss the boat Diva followers waiting for market to fall and crash so that they can also go swim in the market with their flippers. |
The property market is subject to a lot of self-fullfilling prophecy, whether prices will move up or down will depend on the number of voices in the two opposing camps. Often, it's those with large stakes in hands that'll be most vocal, but the louder they shout, the more desperate they look. |
|
| Back to top |
|
|
Guest
on 13 May 08 11:08 am
|
| |
|
|
Falling falling falling falling all the way! All bound for Fallingtown many miles away!
So the song goes! |
|
| Back to top |
|
|
Guest
on 13 May 08 2:57 pm
|
| |
|
|
| Today Strait Times article confirming price drop. |
|
| Back to top |
|
|
Guest
on 13 May 08 4:15 pm
|
| |
|
|
| Anonymous wrote: | | Today Strait Times article confirming price drop. |
To flippers this must be a lie, I bet they are searching for some info to dispute this.
Meanwhile followers of Diva are happy! |
|
| Back to top |
|
|
Guest
on 14 May 08 10:41 am
|
| |
|
|
| Anonymous wrote: | | Anonymous wrote: | | Today Strait Times article confirming price drop. |
To flippers this must be a lie, I bet they are searching for some info to dispute this.
Meanwhile followers of Diva are happy! |
Thanks be to Diva! |
|
| Back to top |
|
|
Guest
on 14 May 08 11:05 am
|
| |
|
|
| Anonymous wrote: | | Anonymous wrote: | | Anonymous wrote: | | Today Strait Times article confirming price drop. |
To flippers this must be a lie, I bet they are searching for some info to dispute this.
Meanwhile followers of Diva are happy! |
Thanks be to Diva! |
thanks to him
because he just give u a nice in and out session? |
|
| Back to top |
|
|
|
