Property Market Sentiments

(28-06-2014, 10:53 AM)brattzz Wrote: Fire-sale not started yet leh, prices are still high lah... US will lead the interest rate hikes in 2015/16!

brattzz,
Exactly my feel.
Is it don't have $ or is it because the ABACUS does not make sense 算盘还打不响？

interest rate so low -
Headache. decision, decision, decision.

LC


Earth day - save the world everyday.

even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

(28-06-2014, 11:14 AM)brattzz Wrote: even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

brattzz,
obviously, SGP ppty price will crash.
So, do you think people will buy property in SGP?

Price is right (crash) but the landscape had changed.

SGP no longer perceived as a safe heaven. Interest rate soar and SGD$ exchange rate getting hit, hot $ pull out.

Q: If you don't want to buy a SGP ppty NOW, what makes you want to buy when the market crash?

I won't buy, will you?

Love Compassion


Earth day - save the world everyday.

(28-06-2014, 11:26 AM)chialc88 Wrote:

(28-06-2014, 11:14 AM)brattzz Wrote: even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

brattzz,
obviously, SGP ppty price will crash.
So, do you think people will buy property in SGP?

Price is right (crash) but the landscape had changed.

SGP no longer perceived as a safe heaven. Interest rate soar and SGD$ exchange rate getting hit, hot $ pull out.

Q: If you don't want to buy a SGP ppty NOW, what makes you want to buy when the market crash?

I won't buy, will you?

[emoji813]: Love Compassion


Earth day - save the world everyday.

hi chialc88, I don't really get your point. should it not be buy when everyone is afraid of buying? just like in stocks?

(28-06-2014, 11:26 AM)chialc88 Wrote:

(28-06-2014, 11:14 AM)brattzz Wrote: even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

brattzz,
obviously, SGP ppty price will crash.
So, do you think people will buy property in SGP?

Price is right (crash) but the landscape had changed.

SGP no longer perceived as a safe heaven. Interest rate soar and SGD$ exchange rate getting hit, hot $ pull out.

Q: If you don't want to buy a SGP ppty NOW, what makes you want to buy when the market crash?

I won't buy, will you?

[emoji813]: Love Compassion


Earth day - save the world everyday.

(28-06-2014, 11:26 AM)chialc88 Wrote:

(28-06-2014, 11:14 AM)brattzz Wrote: even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

brattzz,
obviously, SGP ppty price will crash.
So, do you think people will buy property in SGP?

Price is right (crash) but the landscape had changed.

SGP no longer perceived as a safe heaven. Interest rate soar and SGD$ exchange rate getting hit, hot $ pull out.

Q: If you don't want to buy a SGP ppty NOW, what makes you want to buy when the market crash?

I won't buy, will you?

Love Compassion


Earth day - save the world everyday.

Does it really matters, if so how much? i am thinking if only less than 49.99 % of Singaporeans voted the Papys in the coming GE; so what the 51 % "spoilt vote" or KNS votes? Who will be still running Singapore? It's still a "RUBBER STAMP" parliament. Unless i understand incorrectly about one man one vote system.

(29-06-2014, 07:05 PM)natnavi Wrote:

(28-06-2014, 11:26 AM)chialc88 Wrote:

(28-06-2014, 11:14 AM)brattzz Wrote: even worst! if PAP loses more % votes in 2016, more tightening of FTs imports, more slowdown of sg economy, + US Rates Rise... : All wham wham wham!!
:O

AND, JB properties will be hit worst! :O

brattzz,
obviously, SGP ppty price will crash.
So, do you think people will buy property in SGP?

Price is right (crash) but the landscape had changed.

SGP no longer perceived as a safe heaven. Interest rate soar and SGD$ exchange rate getting hit, hot $ pull out.

Q: If you don't want to buy a SGP ppty NOW, what makes you want to buy when the market crash?

I won't buy, will you?

[emoji813]: Love Compassion


Earth day - save the world everyday.

hi chialc88, I don't really get your point. should it not be buy when everyone is afraid of buying? just like in stocks?

Hi natnavi,

Will you buy the stocks of a company if it's fundamentals have changed?

(29-06-2014, 07:41 PM)Temperament Wrote: Does it really matters, if so how much? i am thinking if only less than 49.99 % of Singaporeans voted the Papys in the coming GE; so what the 51 % "spoilt vote" or KNS votes? Who will be still running Singapore? It's still a "RUBBER STAMP" parliament. Unless i understand incorrectly about one man one vote system.

Hi T,
You know that I'm a risk taker, right?
On the first day that ASIASONS lifted it's suspension and become something called designated stock.
I brought it at 9:30am @ single digit and then @11:30am (2 hr later), I sold at 25 Cents.
I act based on my instinct.

Regarding the GE, I'm willing to take a risk, too.
Following the same scenario as last GE.
If we boot out K. Shanmugan, I'm quite sure that we'll survive.
We had gone thru worst time during Lau Lee's regime.
No problem at all because we (means T - you and me) had already clear the hurdle.

Q: What about our children?

I do my soul searching and I got my answer.

Love Compassion

The cooling measures sustain...

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Too early to relax property cooling measures, says ministry

It is still too early to roll back property cooling measures, the Ministry of National Development (MND) said on Monday.

It said that although home sales have decreased, prices have remained relatively stable. The moves to rein in property prices included extra stamp duties to curb speculative buying and the total debt servicing ratio framework which was introduced a year ago.
http://www.theedgesingapore.com/the-dail...istry.html

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Singapore home prices slide for third quarter on property curbs

Singapore’s second-quarter home prices slid for a third consecutive quarter, the longest losing streak in five years, as tighter mortgage measures cooled demand in Asia’s second-most expensive housing market.

An index tracking private residential prices fell 1.1% to 209.3 points in the three months ended June 30, following a 1.3% decline in the previous three-month period, according to preliminary data released by the Urban Redevelopment Authority today.
...
http://www.theedgesingapore.com/the-dail...curbs.html

No reason to change course at least till after next GE since housing affordability was a hot issue and remains a touchy one...

(01-07-2014, 09:43 AM)CityFarmer Wrote: The cooling measures sustain...

---------
Too early to relax property cooling measures, says ministry

It is still too early to roll back property cooling measures, the Ministry of National Development (MND) said on Monday.

It said that although home sales have decreased, prices have remained relatively stable. The moves to rein in property prices included extra stamp duties to curb speculative buying and the total debt servicing ratio framework which was introduced a year ago.
http://www.theedgesingapore.com/the-dail...istry.html

-----------
Singapore home prices slide for third quarter on property curbs

Singapore’s second-quarter home prices slid for a third consecutive quarter, the longest losing streak in five years, as tighter mortgage measures cooled demand in Asia’s second-most expensive housing market.

An index tracking private residential prices fell 1.1% to 209.3 points in the three months ended June 30, following a 1.3% decline in the previous three-month period, according to preliminary data released by the Urban Redevelopment Authority today.
...
http://www.theedgesingapore.com/the-dail...curbs.html

> No reason to change course at least till after next GE since housing affordability was a hot issue and remains a touchy one...

MND already relax the deleveraging plan early this year.

Foreign investors are not buying because of high prices, low yields and higher cash requirements.

MCL Land cut price by 10% on Hallmark and it sold 50%. So CDL boss and other developers can relax their selling prices and move the units and avoid paying penalty on empty units!