View Full Version : Property price is coming down fast
Really? Sg property Down by 60% today?
Now this is even better than your 50% before 2015.
Which mean 50% down from the 60% today, it's actually down by 90% before 2015
No joke.:scared-1:
If not becasue of QE in 2009........
If not becasue of QE in 2009........
No sweat.
I'll still hold tight tight. Don't expect any fire sales. :tongue3:
No sweat.
I'll still hold tight tight. Don't expect any fire sales. :tongue3:
hold tight tight.....die also don't let go.....
then guarantee you die 1st....;)
hold tight tight.....die also don't let go.....
then guarantee you die 1st....;)
I already got everything planned out.
When it's time to go, I'll not hesitate.
When will i go?
I will go after you leave this world.
This Old man will wait for you to go first.
That's for sure. :D :D :D
I already got everything planned out.
When it's time to go, I'll not hesitate.
When will i go?
I will go after you leave this world.
This Old man will wait for you to go first.
That's for sure. :D :D :D
Ok ok ... dont fall into the trap of King of Hell Bank Notes!
Never respond to his personal attack. Just based our comments on facts can already.
It is a known fact that property prices rebounded strongly after the Lehman Brothers collapse in 2009. The reason being : Everyone knows that when there is a financial crisis (esp those related to bank's products like derivatives, bonds, blah blah blah), what is the best thing to hold ?
PROPERTIES!
Hold cash u kanna erode torok torok (like some people here), like me like that, hold alittle bit of cash also can feel, for every $10K you hold, u lost easily 800 bucks already in the last 18 months!~ $10K got how many 800 bucks for you to erode ?
Buy banks products, scared over night become nothing, even the bank is gone!!!
Properties owners also own something they may not be aware of ... that is the OPTION to sell. They can choose to sell or not, they are long on the asset. U try buying a property at this time, you will know what I mean. If they owner die die wants $1,200 psf, you only have a choice to pay or not to pay, but the owner decides whether u get it at $1,200 psf or not.
Which is what is happening now, with low interest rates environment CONFIRMED to be until 2014 or later, people's abiity to hold suddenly strength like the angered Incredible Hulk!
So, as long as can hold, prices wont go down. If price go down 8% (or 10% if you are the die die must buy at lowest price one), then quickly grab!
Lehman's 100 years of history taught Sg Property Investors one thing : 8% drop ---> Grab!
Good Luck!
DKSG
PS : Money hold tight tight what happens ? It cant take you panic/desperate squeezing ... it shrinks!! become smaller!
Happy Holding!
phantom_opera
04-05-12, 21:15
Simple rule for "Basic"
Inflation @ 7% per year (if reported 5% ... means 7% in fact) X 10y ... price will double
If you park your cash in the bank for that 10y, u lose almost half of your its purchasing power in 10y :scared-1:
Now do u understand why so many ppl buy Katong Regency :)
Simple rule for "Basic"
Inflation @ 7% per year (if reported 5% ... means 7% in fact) X 10y ... price will double
If you park your cash in the bank for that 10y, u lose almost half of your its purchasing power in 10y :scared-1:
Now do u understand why so many ppl buy Katong Regency :)
Govt is increasing salary now. Inflation will b bad at e end of e year.
Govt is increasing salary now. Inflation will b bad at e end of e year.
what's the news on salary increment?
Some fresh grads having starting salary at $3900/mth for non-scholar. Private sector at $3300 plus car. Certain sectors are paying well.
Ok ok ... dont fall into the trap of King of Hell Bank Notes!
Never respond to his personal attack. Just based our comments on facts can already.
It is a known fact that property prices rebounded strongly after the Lehman Brothers collapse in 2009. The reason being : Everyone knows that when there is a financial crisis (esp those related to bank's products like derivatives, bonds, blah blah blah), what is the best thing to hold ?
PROPERTIES!
Hold cash u kanna erode torok torok (like some people here), like me like that, hold alittle bit of cash also can feel, for every $10K you hold, u lost easily 800 bucks already in the last 18 months!~ $10K got how many 800 bucks for you to erode ?
Buy banks products, scared over night become nothing, even the bank is gone!!!
Properties owners also own something they may not be aware of ... that is the OPTION to sell. They can choose to sell or not, they are long on the asset. U try buying a property at this time, you will know what I mean. If they owner die die wants $1,200 psf, you only have a choice to pay or not to pay, but the owner decides whether u get it at $1,200 psf or not.
Which is what is happening now, with low interest rates environment CONFIRMED to be until 2014 or later, people's abiity to hold suddenly strength like the angered Incredible Hulk!
So, as long as can hold, prices wont go down. If price go down 8% (or 10% if you are the die die must buy at lowest price one), then quickly grab!
Lehman's 100 years of history taught Sg Property Investors one thing : 8% drop ---> Grab!
Good Luck!
DKSG
PS : Money hold tight tight what happens ? It cant take you panic/desperate squeezing ... it shrinks!! become smaller!
Happy Holding!
all the lies on me....
typical of you.....only morons do all these...only morons believe..
real rubbish moron....
I already got everything planned out.
When it's time to go, I'll not hesitate.
When will i go?
I will go after you leave this world.
This Old man will wait for you to go first.
That's for sure. :D :D :D
moron...like that also song ar.....
talk rubbish forever.....;)
Simple rule for "Basic"
Inflation @ 7% per year (if reported 5% ... means 7% in fact) X 10y ... price will double
If you park your cash in the bank for that 10y, u lose almost half of your its purchasing power in 10y :scared-1:
Now do u understand why so many ppl buy Katong Regency :)
another LIAR KING in this forum...tons of them....
shout what you like.....
this yr is stagflation...pay cut & lower, eat into all disposable income....
deflation kick in in 2013.....
2014 is hyper-DEFALTION......that is why I said property down >50% before 2015....
all moron will mark down the date.....of course I still hace many hiden detailed, will never disclose to morons.....
Brutal Day For Stocks As Reality Recouples; Europe Now Negative For 2012
05/04/2012
DAX already down 10% from last month….moreto come….
Dow down 170....so Marc Faber, global stock down 20% started?? very nice....
my call is very firm, will never change & will sure unfold.....STI down below 1000 bedore 2015.....Dow below 3500 before 2015....of course I have detailed from now till 2015....
that is why porperty down >50% before 2015 with STI below 1000....
most western world already in recession officially now....wll see US & most asian country & SPORE in recession later this yr & next yr....globally recession fall into great depression....tons of job lost globally, massive retrenchement in spore....tons of mortgage loan will be default & sue bankrupt....get ready for rate to hike once bank runs in europe later this yr...tons of bank run in next 1-2 yrs....spore banks??.......why not due to mortgage loan....let see....
sellers & developers already running out of time, once bank run, overnight down another 10-20% is nothing...many CCR alreday down 20-40%...OCR new unit down from 1000 psf to below $750 osf now....will see below $650 later this yr once bank run, even below $600 psf is no surprised....
as the day goes by...crashing time is getting closer each day...just crash it......
官商大貪案郭炳湘被捕
sung hung kai property king in HK kena arraested yseterday in HK...nice...due to cronyism....govt work with developers to scre.w citizens....
spore don’t have ?? I don’t believe…..wait for 2016, change govt, put all these rubbish in jail forever....
china bo xilai, money laundry in spore?? let china govt deal with spore, they already unhappy with temasek, trade China banks share in very short term....
that is why we need people like Tung Jian Hua to build 85k public house per yr, this is the real upright person for the people...unlike all these cronyism money hungry ghost....whatever will be will be...history will give them a rubbish name...this is inside their core, they will not know till they are killed....
this case is good to set an example for all rubbish developers in HK...more will be investigated....effcet will see in coming months....
whatever....property will down>50% before 2015 is due to global economy collapse...all these cronyism will only add some salts....kick govt out in 2016....
The Fed and the ECB’s Hands Are Politically Tied… Bye Bye Market Props
May 3rd, 2012
if this is correct...then get rday to short big big in Dow & Euro & many others....
France election, US election, operational twist ending.....due to high oil price & high inflation, print die...don't print die uglier.....coming....this afternoon will be interesting let see they prepare for newfrench govt or not....or already death, don't care anything, trade till market crash.....
once printing stop, ponzi dies, whole market will just collapse down.....
will see bigger funds flow out of spore if no more printing inwestern world....then will see bigger rate hike on the way due to liquidity dry up....market plunge plus rate hike, nice....followed by big retrenchment before yr end, that will be good supplement.....whatever, spore property already dies, let developers trade among themselves to lure fools in...a bank run is europe fast will be super nice to see developers dump each others property to get out, plus no more printing $$....those still in dream will die super ugly this time.....
don't ever think of printed $$ again in coming global recession & depression....
hope all morons here hope & hold tight till market bottom to force sell at 70% below peak?? 80%??...whatever, very nice....
FED likely will not be there by then...
Bernanke will sure gone...execute will be super nice....
all the ponzi scheme burst...including spore property....
Punggol residential project to be launched at $850 psf
this is list price, normally with 20% discount from the price….already below $700 psf….plus car, absorb stamp, legal....
land price is $330 psf....all in about $650 psf...is about there...time to squeeze developers to lose money in their project....wait for crisis comes & need some time before they willing to sell at lost....
so price keep dropping from developers now...resale is death, volume is all chunked by developers.....sell & subsale & subsubsales & not buying....make up all the #, sound & look hot driven by govt media....all the actors & actress of agents....
but listing price keep dropping...those sellers listed low price...try to sell >10% below valuation already can't sell, those try to sell high, last in the queue will never be able to sell in their life time now....so stop buying, price drop is just beginning, as time goes by, drop more...once global stock price down 20%...1 europe bank run....you will see developers, rysh to dump like crazy,these are the smart one....those blurred sotong still hope for QE....will die super ugly, they deserve to be bankrupt.....
be very patient, ai lai liao....hold your buy......
hold tight tight.....die also don't let go.....
then guarantee you die 1st....;)
Hi MISSED THE BOAT EXPERT MR B.. how u feeling now? Better?
Heard that last weekend you was fainted in Seahill showflat while checking the sales volume of their UP UP UP coming new launch..
blackapple
05-05-12, 08:41
Punggol residential project to be launched at $850 psf
but listing price keep dropping...those sellers listed low price...try to sell >10% below valuation already can't sell, those try to sell high, last in the queue will never be able to sell in their life time now....so stop buying, price drop is just beginning, as time goes by, drop more...once global stock price down 20%...1 europe bank run....you will see developers, rysh to dump like crazy,these are the smart one....those blurred sotong still hope for QE....will die super ugly, they deserve to be bankrupt.....
be very patient, ai lai liao....hold your buy......
How can be 700 psf ? EC selling at 620 - 720 psf. Either the developer is dump or some one else is ..
Is 600psf in punggol consider cheap now ???
How can be 700 psf ? EC selling at 620 - 720 psf. Either the developer is dump or some one else is ..
Is 600psf in punggol consider cheap now ???
when developers are panic & desperate.....either they will cut price to dump or wait for bankrupt....especailly those smaller developers....china already have >5000 developers bankrupt in last 1 yrs....this is free market, we must make sure those weak & speculative developers to go bankrupt especially when crisis comes....so sell for below $600 psf also possible later this yr or next yr....
Hi MISSED THE BOAT EXPERT MR B.. how u feeling now? Better?
Heard that last weekend you was fainted in Seahill showflat while checking the sales volume of their UP UP UP coming new launch..
From the Rumors Paper
There was a man dressed like the a fisherman dashing into a showroom on that day. He was still panting when his fingers touches.....the front desk. When asked to sign in, he wrote Mr Basic.
A pretty young sales agent approached him to introduce the project but he replied.... "No need, just let me know what units are available". The helpful sales agent turned around and asked the manager "Ïs the last unit still available?". The manager checked the updated sales board & shake his head. He replied "Sorry Sir, the last unit has just been sold while my sales is talking to you".
Mr B was stunned and in a flash of anger, he shouted loudly at the manager and said. "Why? Why are you doing this to me? I just want a place to call home. What kind of property market is this? I have been waiting for 50% down but it just keep going up. I can't believe it. This one also sold out. So unfair................."
Suddenly his face turned pale and fainted on the ground. A few strong agents qucikly carry him and let him rest on a bed in the showroom. One of them helped to apply some oilment for him.
A few minutes later, his eyes opened slowly & and asked "Where am Ï?". One of the agent replied, you are still in our showroom. Mr B touches the bed in disbelieve and said "What a nice bed!".
He looked aound the room and suddenly he asked the manager
"Can you sell me this showroom?"
Massive multi-year head and shoulders patterns:
May 4th, 2012
Groupon Just Crashed Into Single Digits
May 4th, 2012
only you know what all these mean....
look like Marc Faber 20% correction is too mild liao.....
looks like stock market going to be on fire soon.....once trigger, plus Europe bank runs plus no QE to follow....can be real ugly...of course next yr will be much worse....2014, sink to bottom...2015, feel like end of world..no need to talk so far....
go ahead & buy your poeperty today....very likely you will lose all the 20% you in put in next 3-6 months....$2 mil property, only lost $400k-600k with all taxes, stamp, legal, commission...kachang puteh, no big deal lah....buy more....Dax only down 10% form last month high...long way to go...STI not even started yet, back to 2500 again in next few months? Penny stock already had it in last 2 weeks....
Groupon down from $30 to below $10 in last 2-3 months...nothng lah...
global bubble burst will start this yrs & last to next few yrs till all bubble no more air inside...left only US$100trillion debt to be pay back in next 20 yrs,....
good luck....
From the Rumors Paper
?"
hahaaaa....moron liar king....eat shyt lah.....;)
ikan bilis
05-05-12, 11:43
From the Rumors Paper
There was a man dressed like the a fisherman dashing into a showroom on that day. He was still panting when his fingers touches.....the front desk. When asked to sign in, he wrote Mr Basic.
A pretty young sales agent approached him to introduce the project but he replied.... "No need, just let me know what units are available". The helpful sales agent turned around and asked the manager "Ïs the last unit still available?". The manager checked the updated sales board & shake his head. He replied "Sorry Sir, the last unit has just been sold while my sales is talking to you".
Mr B was stunned and in a flash of anger, he shouted loudly at the manager and said. "Why? Why are you doing this to me? I just want a place to call home. What kind of property market is this? I have been waiting for 50% down but it just keep going up. I can't believe it. This one also sold out. So unfair................."
Suddenly his face turned pale and fainted on the ground. A few strong agents qucikly carry him and let him rest on a bed in the showroom. One of them helped to apply some oilment for him.
A few minutes later, his eyes opened slowly & and asked "Where am Ï?". One of the agent replied, you are still in our showroom. Mr B touches the bed in disbelieve and said "What a nice bed!".
He looked aound the room and suddenly he asked the manager
"Can you sell me this showroom?"
LOL !!!... :D :cheers4:
Romney and his son Tagg have been implicated in a 8.5 billion dollar ponzischeme with Wall Street investors Allen Stanford and James M. Davis.
May 4th, 2012
Paul-led panel considers Fed abolishment bill
May 4th, 2012
sure...if romnay fall out, Ron Paul can repressent republican as president candidate will ba super nice....don't rule him out yet as Romney may run into a scandal later....
Ron Paul led a panel to close down FED & fire bernankke now...if he becomes president, he will be bored enough to shut down FED, put bernanke in hail forever.....
we need such hero in current time.....look around allthe fool & rubbish politicians we have globally today...from spore to china to US, Europe & the whole world...
that is why US can rule the world for so long, they have that kind of calibre to change the world.....asia is all coward....
If Ron Paul be president, can see rate shoot to double digits fast enough...hike tax, fight the world inflation, burst all global bubble of US$1000 trillion....work out how to pay back all the debt......
all bubble will be burst including spore property.....already on the way now...
LOL !!!... :D :cheers4:
moron happy.....;)
From the Rumors Paper
There was a man dressed like the a fisherman dashing into a showroom on that day. He was still panting when his fingers touches.....the front desk. When asked to sign in, he wrote Mr Basic.
A pretty young sales agent approached him to introduce the project but he replied.... "No need, just let me know what units are available". The helpful sales agent turned around and asked the manager "Ïs the last unit still available?". The manager checked the updated sales board & shake his head. He replied "Sorry Sir, the last unit has just been sold while my sales is talking to you".
Mr B was stunned and in a flash of anger, he shouted loudly at the manager and said. "Why? Why are you doing this to me? I just want a place to call home. What kind of property market is this? I have been waiting for 50% down but it just keep going up. I can't believe it. This one also sold out. So unfair................."
Suddenly his face turned pale and fainted on the ground. A few strong agents qucikly carry him and let him rest on a bed in the showroom. One of them helped to apply some oilment for him.
A few minutes later, his eyes opened slowly & and asked "Where am Ï?". One of the agent replied, you are still in our showroom. Mr B touches the bed in disbelieve and said "What a nice bed!".
He looked aound the room and suddenly he asked the manager
"Can you sell me this showroom?"
So they try to soften his Hard-landing with a Soft bed....so since the show room is not for sale.....did he try to buy the lovely bed instead?
Punggol residential project to be launched at $850 psf
this is list price, normally with 20% discount from the price….already below $700 psf….plus car, absorb stamp, legal....
land price is $330 psf....all in about $650 psf...is about there...time to squeeze developers to lose money in their project....wait for crisis comes & need some time before they willing to sell at lost....
so price keep dropping from developers now...resale is death, volume is all chunked by developers.....sell & subsale & subsubsales & not buying....make up all the #, sound & look hot driven by govt media....all the actors & actress of agents....
but listing price keep dropping...those sellers listed low price...try to sell >10% below valuation already can't sell, those try to sell high, last in the queue will never be able to sell in their life time now....so stop buying, price drop is just beginning, as time goes by, drop more...once global stock price down 20%...1 europe bank run....you will see developers, rysh to dump like crazy,these are the smart one....those blurred sotong still hope for QE....will die super ugly, they deserve to be bankrupt.....
be very patient, ai lai liao....hold your buy......
Brutal Day For Stocks As Reality Recouples; Europe Now Negative For 2012
05/04/2012
DAX already down 10% from last month….moreto come….
Dow down 170....so Marc Faber, global stock down 20% started?? very nice....
my call is very firm, will never change & will sure unfold.....STI down below 1000 bedore 2015.....Dow below 3500 before 2015....of course I have detailed from now till 2015....
that is why porperty down >50% before 2015 with STI below 1000....
most western world already in recession officially now....wll see US & most asian country & SPORE in recession later this yr & next yr....globally recession fall into great depression....tons of job lost globally, massive retrenchement in spore....tons of mortgage loan will be default & sue bankrupt....get ready for rate to hike once bank runs in europe later this yr...tons of bank run in next 1-2 yrs....spore banks??.......why not due to mortgage loan....let see....
sellers & developers already running out of time, once bank run, overnight down another 10-20% is nothing...many CCR alreday down 20-40%...OCR new unit down from 1000 psf to below $750 osf now....will see below $650 later this yr once bank run, even below $600 psf is no surprised....
as the day goes by...crashing time is getting closer each day...just crash it......
Waiting to pounce :D :D :D
Brutal Day For Stocks As Reality Recouples; Europe Now Negative For 2012
05/04/2012
DAX already down 10% from last month….moreto come….
Dow down 170....so Marc Faber, global stock down 20% started?? very nice....
my call is very firm, will never change & will sure unfold.....STI down below 1000 bedore 2015.....Dow below 3500 before 2015....of course I have detailed from now till 2015....
that is why porperty down >50% before 2015 with STI below 1000....
most western world already in recession officially now....wll see US & most asian country & SPORE in recession later this yr & next yr....globally recession fall into great depression....tons of job lost globally, massive retrenchement in spore....tons of mortgage loan will be default & sue bankrupt....get ready for rate to hike once bank runs in europe later this yr...tons of bank run in next 1-2 yrs....spore banks??.......why not due to mortgage loan....let see....
sellers & developers already running out of time, once bank run, overnight down another 10-20% is nothing...many CCR alreday down 20-40%...OCR new unit down from 1000 psf to below $750 osf now....will see below $650 later this yr once bank run, even below $600 psf is no surprised....
as the day goes by...crashing time is getting closer each day...just crash it......
So they try to soften his Hard-landing with a Soft bed....so since the show room is not for sale.....did he try to buy the lovely bed instead?
...... The manager replied "Sorry Sir. This showroom is not for sale".
Mr B shook his head in disbelieve again and shouted "Showroom also don't want to sell to me? You looked down on me is it? Let me tell you, I sold a few properties a few back and now I'm loaded with cash". Tell me what you can sell to me? What about this bed? "
The cool & steady manager gave the same reply "Sorry Sir. The bed is also not for sale. But we can offer you a tent which we don't need anymorë. I can give it to you FOC. Do you want it?"
Mr B eyes open BIG BIG & smile "This one is lovely. No fish, prawns also good". :D
The polite and generous manager asked "Sir, Ï can help to deliver the tent to your home personally . May I have your home address?
MR B pauses for a while and replied "My home address is Changi Beach" "Give me a call when you arrived"
European business activity contracts sharply, whole of Europe goes into recession:
May 4th, 2012
Why European Bank Stocks May Have At Least 40% More Downside
May 4th, 2012
yes.....whole Europe already contract into recession...so oyu still import lots of good & services from Asia?? don't be conned by data & news, many alreday barter trade among themselves.....china still export big way to Euroep?? tan kuku unless free of charge & no need to oay or become bad debt later....
so Europe banks stock will down another 49% from here?? more like another 80%, >50% will bankrupt in nrxt 1-3 yrs....
so eventually they will pull back all their funds & investment from asia back to their countries....wait for the trigger...then huge retrenchment in asia will happen, including spore....you think after retrenchment they still can keep their property with S$mil of loan?? if tons of them owe S$mil to banks due to mortgage loan, you think bank can survive without bailout?? you think bailout bank, people will still vote for PAP?? rubbish....free market, they dare to take such salary now & caused banks to bankrupt later, what they mean?? that are conning their salary now....they are stupid & not worth even S$5k/m now....
next few months, all of you will start to see Europe blow out 30x bigger than lehman bros....PIIGS will collapse 1 by 1...will take yrs, but will start to unfold, don't hope for any QE...if all collapse means QE is failed....more QE will collapse the erath, that is all.....spore property will crash like toufu when this happens in next few months....
Brutal Day For Stocks As Reality Recouples; Europe Now Negative For 2012
05/04/2012
DAX already down 10% from last month….moreto come….
Dow down 170....so Marc Faber, global stock down 20% started?? very nice....
my call is very firm, will never change & will sure unfold.....STI down below 1000 bedore 2015.....Dow below 3500 before 2015....of course I have detailed from now till 2015....
that is why porperty down >50% before 2015 with STI below 1000....
most western world already in recession officially now....wll see US & most asian country & SPORE in recession later this yr & next yr....globally recession fall into great depression....tons of job lost globally, massive retrenchement in spore....tons of mortgage loan will be default & sue bankrupt....get ready for rate to hike once bank runs in europe later this yr...tons of bank run in next 1-2 yrs....spore banks??.......why not due to mortgage loan....let see....
sellers & developers already running out of time, once bank run, overnight down another 10-20% is nothing...many CCR alreday down 20-40%...OCR new unit down from 1000 psf to below $750 osf now....will see below $650 later this yr once bank run, even below $600 psf is no surprised....
as the day goes by...crashing time is getting closer each day...just crash it......
Massive multi-year head and shoulders patterns:
May 4th, 2012
Groupon Just Crashed Into Single Digits
May 4th, 2012
only you know what all these mean....
look like Marc Faber 20% correction is too mild liao.....
looks like stock market going to be on fire soon.....once trigger, plus Europe bank runs plus no QE to follow....can be real ugly...of course next yr will be much worse....2014, sink to bottom...2015, feel like end of world..no need to talk so far....
go ahead & buy your poeperty today....very likely you will lose all the 20% you in put in next 3-6 months....$2 mil property, only lost $400k-600k with all taxes, stamp, legal, commission...kachang puteh, no big deal lah....buy more....Dax only down 10% form last month high...long way to go...STI not even started yet, back to 2500 again in next few months? Penny stock already had it in last 2 weeks....
Groupon down from $30 to below $10 in last 2-3 months...nothng lah...
global bubble burst will start this yrs & last to next few yrs till all bubble no more air inside...left only US$100trillion debt to be pay back in next 20 yrs,....
good luck....
官商大貪案郭炳湘被捕
sung hung kai property king in HK kena arraested yseterday in HK...nice...due to cronyism....govt work with developers to scre.w citizens....
spore don’t have ?? I don’t believe…..wait for 2016, change govt, put all these rubbish in jail forever....
china bo xilai, money laundry in spore?? let china govt deal with spore, they already unhappy with temasek, trade China banks share in very short term....
that is why we need people like Tung Jian Hua to build 85k public house per yr, this is the real upright person for the people...unlike all these cronyism money hungry ghost....whatever will be will be...history will give them a rubbish name...this is inside their core, they will not know till they are killed....
this case is good to set an example for all rubbish developers in HK...more will be investigated....effcet will see in coming months....
whatever....property will down>50% before 2015 is due to global economy collapse...all these cronyism will only add some salts....kick govt out in 2016....
phantom_opera
05-05-12, 13:02
If Dow is not able to break new high, we will still be range-bound ... and expect interest rate to stay near zero still 2017 soon
If Dow is not able to break new high, we will still be range-bound ... and expect interest rate to stay near zero still 2017 soon
dream lo, moron....
hold tight tight to all your property & stock...range bound only.... if you buy more, will be super nice...
before August, see it yourself....can be may, Jun or Jul....hahaaa...no detailed for you.....;)
If Dow is not able to break new high, we will still be range-bound ... and expect interest rate to stay near zero still 2017 soon
Low interest rate till 2017!!!:scared-1:
So property price will continue go UP & UP & UP & UP & UP for at least the next 5-yrs..!! :scared-1:
before 2017, see it yourself.. can be even till 2018, 2019 or 2020....hahaaa... but no detailed for you too.....:D
phantom_opera
05-05-12, 16:32
Japan near zero rate last for almost 20y Liao
Japan near zero rate last for almost 20y Liao
that is why Japan property down 90% in last 20 yrs...
GDP growth near 0% for last 20 yrs....
If a country can only survive in 0% environment, means is a gone case country....
a successful company & country can withstand high interest rate yet succedssful....
a country in 0% rate also means no company is expanding....
Japan is in deflationary state for last 20 yrs.....property crash.....
Spore wil follow Japan footstep.....as Spore & Japan are both top 5 in the world of debt to GDP country.......
phantom_opera
05-05-12, 17:44
U still don't get it, it is US most likely is Japan II, Sg rate is pegged to US, if we have 10y inflation at 7pc while Us rate at zero in same period, a lot of ppl who sits on 100pc cash will kpkb soon
dream lo, moron....
hold tight tight to all your property & stock...range bound only.... if you buy more, will be super nice...
before August, see it yourself....can be may, Jun or Jul....hahaaa...no detailed for you.....;)
Great Post !
A statement saying that stock market will crash before August!
What happened to the sell in May and go away statement u made earlier, saying that stock market will crash big time in May ?
3-5% movements in stock market under the current condition is normal !
From now on, we will ONE MONTH ONE MONTH help you cross out May, June and July and August. If no major crash of 15-20% in stock market by August, what will you do ?
Dont be mistaken about my stand, I also wish that market down 50% then I can buy 10 more properties! But we need to gel that with reality!
I also wish to stay in The MarQ, but in reality, I can only stay in HDB flat!
I wish that one day The MarQ will sell at not $6,100 psf, but $1,600 psf. But I know thats nonsense, will NEVER EVER happen!
So I woke up! What about you ?
DKSG
DKSG
U still don't get it, it is US most likely is Japan II, Sg rate is pegged to US, if we have 10y inflation at 7pc while Us rate at zero in same period, a lot of ppl who sits on 100pc cash will kpkb soon
stupid moron....already told you below, so simple, you can't understand, so you know nut.....
whether US is Hapan II or Spore or whole Europe....then all will be deflation for 20 yrs...where is the inflation 7%?? you forever in your dream, MORON....
that is why Japan property down 90% in last 20 yrs...
GDP growth near 0% for last 20 yrs....
If a country can only survive in 0% environment, means is a gone case country....
a successful company & country can withstand high interest rate yet succedssful....
a country in 0% rate also means no company is expanding....
Japan is in deflationary state for last 20 yrs.....property crash.....
Spore wil follow Japan footstep.....as Spore & Japan are both top 5 in the world of debt to GDP country.......
plus Nikkei down 80% in last 20 yrs.....so STI down 80%, what is the level...same Spore property down 90%...so how much are those moron' property worth by then.....
Concern as bankruptsies in UK rocket by 10% in 3 months, along with a steeprise in zombie companies on the verge of bankruptsy:
May 4th, 2012
UK unemployment rockets towards exceeding 9% even by official figuresmanipulated to make it seem less than it really is for political propagandapurposes:
May 4th, 2012
so UK in reccession now...benakruptcy hike 10% in last months....mortgage loan default also shoot up...more people & company bankrupt....tons of property in negative asset...this is norm for recession & global coubtries today, moving forward will be much nuch worse...so what is proiinting $$...the more they print, the more bankrupt, that is all....said earlier, printed $$ only drice bubble...bubble burst all bankrupt...same to spore property....
spore tis time is not the 1st to enter recession like 2008...so will be the last to get out from coming recession & depression, that will be much worse....
same to unemployment....all fake....still 9%, will get much worse in later stage...same to spore, unemployment will shoot up, tons of retrenchement later, millions ofFT/FW/foreigners will have to get lost...if not they will have to be robbers or kidnappers in spore to survive...
rubbish come in will have to leave, same as hot money, come in will have to get out...in recession all will pull out ...this will cause liquidity dry up & rate shoot up.....all the reverse of what is happening in last few yrs...this is cycle....so hold tight tight to your property to lose >50% in 2-3 yrs time before 2015......now all sellers & developers cut price to dump, low peice also can't sell, those hope to sell high like most morons here, get ready to bankrupt........
We Aren’t That Far Behind Greece – Peter Schiff
May 4th, 2012
Richard Koo: “…even at extremely low interest rates, companies choose tosave money and pay down debt”
May 4th, 2012
sure..interm of debt to GDP, unemployment....US is even worse than Greece, only that US can print themselves, Greece cannot....but the more they print, the worse it will be later due to kick can down rhe road & explode larger....
US print to push down rate but $$, banks dare not loan out at low rate, company also don't borrow as they know borrow also can't pay back due to no business as unemployment is real high.....instead they choose to pay back loan....
Spore is doing reversed rubbish....print & loan out as mortgage loan at super low rate as easy money...that is why Spore inflation is 5.5%, US is 2%....all these printed $$ has no econoomy value, only drive property price & no increase in salary & income...stagflation, no disposable income...not sustainable...once property bubble burst, all printed $$ evaporated....all mortgage loan will force tons bankrupt like UK.....
a small lehman bros already caused spore property down 30%...the coming one is eventually 100x bigger than lehman, it will crash spore property to almost nothing in time to come....next few months, you will have a preview of it....just a 100x smaller version, have a feel if 100x bigger, what will it be to Spore....
phantom_opera
05-05-12, 20:10
2008 US Fed rate is zero
2009 US Fed rate is zero
2010 US Fed rate is zero
2011 US Fed rate is zero
2012 US Fed rate is zero
2013 US Fed rate will be zero
2014 US Fed rate will be zero
2015 US Fed rate will be near zero
7y of near zero already nailed
10y of near zero is highly likely
Singapore CPI (+2% as inflation is way under-estimated)
2008 6.6%
2009 0.6
2010 2.8
2011 5.2
2012 5
The Unemployment Dropped To 8.1% As Labor Force Participation Rate DippedTo A New 30 Year Low.
May 4th, 2012
Real U-3 Unemployment Rate: 11.6%
05/04/2012
People Not In Labor Force Soar By 522,000, Labor Force Participation RateLowest Since 1981
05/04/2012
And You Thought American Unemployment Was Bad…
May 4th, 2012
so in last few months...the workforce drop out from labour in US is >10 million now...or participation in labour force drop to below 1981...that means got more peole work in 1981 than today....so where is the population increased in last 30 yrs??......
my eralier post, there is >100 millions of americans adult is unemployed today....some said unemployment is 11.5%, some 16%, SLS said is 23%....let it be...all the fake & fraud data from govt all over the world to day....only bankrupt & desperate will do such rubbish....
so why all the printed $$, 10 of US$trillion, cannot create a single job, instead lost more?? just use the money can hire millions of people, why no jobs?? that is the problem with printed $$, no economy value, if hire=productivity drop as hire & sit down there do nothing, as nothing to do....same as spore, job cresdit is what, abuse of power, use taxpayers' money for rebate, as bailout, no economy value, only cause productivity to drop.....
that is why when hard truth is out....spore property will burst & drop below lehman bros time....common sense, back to where it come from & has to py back all the lost, debt, interest, time & waste, that is why is not plunge 50%....>50%....
Local Elections 2012: Our Last Chance For A Political Solution
05/04/2012
"Shattering The American Dream": The US Government’s Ponzi Scheme
05/04/201
yes...this weekend, election in Europe...these will break up Europe & Euro....2012 is the yr to kick out all rubbish in the world...Spore has missed the chance in 2011, make sure, we will not miss 2016....
US election, this Nov...China change govt, Jul/Aug....all these will change the global policy in last 3 yrs totally...stop printing, cut spending, trade war, focus in own market & region, protectionism....all go for saving & pay back loan....
last 3-4 yrs, printing $$ is all Ponzi scheme...new money to pay back old debt...till the day, can't print Ponzi explode...all bankrupt...this is coming, they will have ro face it with gut, work out how to pay back debt together...all will be bankrupt, & pay back in next 20-30 yrs....so no growth, no inflation in next few decade....instead deflation, hike rate, hike taxes, work hard to pay back.....
Spore property is the biggest ponzi scheme, driven by govt & developers together, they print & loan & keep buy at higher price themselves, control the supply, play the media game to hot the market.....like blow NASDAQ to 5000 in 2001...then crash iot down to 1000 in 2004....all the tech stock price crash by 90%....spore property driven up to peak, cannot up anymore, no more greater fool...then crash it down all the way....like CCR property, many alreday down 20-40% since last yr...more to come till 80-90% like NASDAQ?.... property price already down in last 3 months....QE & printed globally already stop...time for Ponzi to crash big way....
21yo polybeauty hang herself in her parent's semi-d in Sembawang....
5/5/2012
24yearsold SAF regular hanged himself at Changi Airbase
5/5/2012
Man found dead in Resorts World Sentosa hotel room
May 5, 2012
this is just 1 day in spore...not all, tons not reported everyday....number is much much higher if all reveal....
spore actual commit suicide rate lower than Japan?? hahaaaaa....
spore is a real hot pressure cooker today....all morons is inside....kena sc.rewed so hard...work like a dog in rat race like most moron here, then dream of getting rich thru' property at this time....hahaaaaa....wait to be skined....
work for 30-40 yrs just to pay off a cage or the debt if you are lucky this time....:D :D :D :D :D :D :D
...... The manager replied "Sorry Sir. This showroom is not for sale".
Mr B shook his head in disbelieve again and shouted "Showroom also don't want to sell to me? You looked down on me is it? Let me tell you, I sold a few properties a few back and now I'm loaded with cash". Tell me what you can sell to me? What about this bed? "
The cool & steady manager gave the same reply "Sorry Sir. The bed is also not for sale. But we can offer you a tent which we don't need anymorë. I can give it to you FOC. Do you want it?"
Mr B eyes open BIG BIG & smile "This one is lovely. No fish, prawns also good". :D
The polite and generous manager asked "Sir, Ï can help to deliver the tent to your home personally . May I have your home address?
MR B pauses for a while and replied "My home address is Changi Beach" "Give me a call when you arrived"
Rumors Paper page 3
Ring Ring Ring ......
Mr B: Hello. I'm Basic Basically speaking
Manager: Sir, I'm here to deliver the lovely tent.
Mr B: What's taking you so long? I've waited for 3 long....... days. Come over to the area where you see a lot of tents along the beach.
Manager: Sorry Sir. I'll be there in 5 mins time
The manager walks towards the direction where the tents are. From far he can see Mr B standing there besides a dirty old tent. He is dressed like a fisherman. As he walks closer to Mr B, he can see Mr B jumping up & down and beaming with joy.
Now the manager can see that the tent was in a bad shape & in need of a new replacement. The new tent indeed come at the right time.
Manager: Sir, how long have you been camping here?
Mr B: Why you bother?
Manager: Just out of curiosity.
Mr B: I've been here for the last 3yrs.
Manager: Why didn't you buy one then since you've cash in the bank? It will erode with the high inflation you know!
Mr B looked into the sky & said: "My crystal ball tells me that the market will crash >50% in 2yrs time. You must be crazy. Only Fools will buy today."
Manager: But why did you came to the showroom the other day?
Mr B: Sigh.... Let me tell you. I'm a bit confused. On one hand, I need a home. On the other hand I also want the market to crash. You see, I've a hi-tech equipments in my tent. I'll be postings 24x7x365 days non-stop for the market to crash.
Manager: No worries Sir. I can put you in my VVVIP list. I'll call you if we have a new launch.
With a sudden swing in mood, Mr B shouted
"What are you talking about? Who need to be in the VVVIP list?
I'll put you in my MORON list. Put down the tent and get out of here. You foolish FOOL"
The manager quickly put the tent on the ground and walk back towards his car. Suddenly, he saw a misty cloud in front of him. When the cloud disperse, he saw a 5 Chinese characters floating in front of him
......................"好心没好报"
kj;l
hahaaa...this moron king....very personal...wasting his life....
real moron....:tongue3:
Don Luskin: One Element Of The ‘Fiscal Cliff’ Should Cause Stocks To Plummet 30%
May 5th, 2012
so Marc Faber said correction down 20%....Don said 30% by this yr end....only 30%??....
just 1 element of fiscal will cause Dow to down 30%...how about 4, 8 elements?? how about Europe banks run? how about Iran war? how about US$300 oil price?? how about all new govt stop printing? how about china hard landing & no demand of resources? how about BRIC also recession? how about Japan Yen crash?.......
tons of things will happen together from this yr......next few months to next few yrs to unfold everything.....
just 1 event can cause spore property ro down 30% easily...if 10 events to 30 events, what happen?? so stop buying...ah cow work with developers & refuse to come out with cooling measures, let it be...that is his mistake, he will have to pay for it in his whole life, not only in 2016 election....
gutless & useless fools is everywhere in govt today....old senile always shouted we do the right thing, not the POPULAR things...now the shyt do all popular things for the rubbish.....no problem, has to pay back wan....
just sop buying now, you will see the miracle in 1-2 yrs time.....all crash down like toufu even without cooling measures.....no need those rubbish lah....
spore porperty already down for last 3 months according to report......also down in Q1 this yr by report.....
COV already down, valuaiton down...most sold sold below valuaiton.....where is the up???.....
many CCR porperty already down 20-30% compared to last yr peak....Sail last yr transacted at $3200-3400 psf, recently $1700-1900 psf & tons more...Reflection also same, now can't sell convert to rental, tons of property try to sell in last 6-12 months, can;t sell, change to rental also can't rent, caused rental price down....D'Leedon also same, after sell for 2 yrs still have 80% unsold, price keep dropping in last 2 yrs...
OCR same, new unit down from $1000 psf to below $750 psf....soon you will get below $650 psf....this is still crazy price as compared to CCR....resale already death, new units advertised like crazy, price war, launching like crazy to get out fast before crisis hit....those try to sell low in same condo alreay can't sell, those try to sell high or fake advertisement by agent instructed by xxxx, just a plot....those sell high will queue behind till all low price one clear 1st, but low price keep adjusting down due to ni takers.....
crisis will sure hit this yr....before August you will see major move....once 5-6 months before US election FED can't print, whole world stock & debt market will explode & crashing down...currency war, Euro will tumble like toilet paper, bond will plunge & push up interest rate.....global unemployment shoot up, inflaiton shoot up, no growth, no business, no jobs.....
those get stuck forever as huge debt globally today once rate shoot up, they can't pay back in next 20-30 yrs, exactly like Japan today, property down 90%, no growth for 20-30 yrs to pay back debt.....so many who bought today will have no chance to see their price back in thie life time....mak my words, many will have to work for free for their whole life just to pay back debt....many will bankrupt, commit suicide, family broken, say thank you to uglyinvestor & PAP govt....
S$130bil of mortgage loan...once property bubble burst, already started will last for 3-4 yrs to see the low, then keep drifting down for next 20 yrs....all the mortgage owner borrow $130B, will have to pay back at least $400B with interest when rate hike later this yr for next >15 yrs of rate up trend....all go in cycle, don't fight this universal trend....these $400Bil, can't print, all buy house in last 2-3 yrs will have to pay this amount by working their whole life....
so stop buying property, don't get yourself into this...now happy, once crashing down, you don't want to jump down from your apartment also hard, beside this, what can you do to pay back?? rob? con? murder?....
UBS On The Greek Elections: ‘Be Worried, Be Very Worried’ … The Greek Elections That Could Determine The Fate Of The Euro
May 5th, 2012
very nice...if break up Euro zone will be very nice...Germany walk out or conflict berween Germany & France will be super nice...
has the gut to vote against the evil....spoire has miss the chance in 2011.....show your gut & vote, no worry, we must have such courage to change, no worry, no fear....
this is just the beginning of the end....will see more action in Europe in next 3 months....domino to crash the world is good, not that we want it, all the wrong things they have done, needto pay back for it....
next week...next Monday & Tues will see very volatile movement of global market.....VIX is bcak, volatility is back is good...like lehman time, STI can down 200 pts in a day....
those fools still thinking of buying property, a wake up call for them...that is why many trasnaction will not go thru' in next few months, only dools buy during such time, high risk, uncertainties yet at high price...not peak, as peak already over in last yr...sell now, only sell at lower price...cut bif to dump or carry it till down >50%....
THE TRUTH ABOUT TAXES: History Suggests High Tax Rates On Rich People Do Not Hurt The Economy
May 5th, 2012
sure..if hollande win tomorrow, will he taise income tax to 75% for the rich??...this is nothing compared to US income tax fo 90% in 1934.....
anyway these money are printed $$ put in their pocket from the govt, anything wrong?? just return back 75%, they should be happy....all these cronies....
France beside hike txes, must also ensure globally no coubtry can use low tax rate to take advantages.....france has a list, spore is in it....
property tax for 2nd & above property in spore is definitely very low...shuld based on actual valuation eg. S$1mil or 5 mil to tax.....
once global stock market down >50% in 1-2 yrs from now...temasek/GIC will lose most of CPF money...then govt will have to use reserved plus high tax to fill the big hole...of course, rubbish can make S$mil/yr now, can also lost S$100Bil tomorrow yet still get his S$mil pay....this is pure rubbish...this kind of rubbish work, who cannot do??....
whatever...get ready for spore property to down>50% asap.....
The mainstream financial media just published an astounding opinion piece on the gold standard
May 5th, 2012
why everywhere people shouted gold standard these days?? because all want to stop printing…stop QE…
go back to gold standard then, no gold you can't print...limited gold, limited $$...
thaty is why bernanke want to short down gold....
spore gold reserved is very low....almost nothing....they believe in stock....
commodity currency also crashing due to china demand crash down hard.....why china stop buying commodity?? hard landing, no need to build so much infrastructure now...property crashing down too...
gold standard will crash all bubbles too....from stock, property, bonds, currency....
no need gold standard to stop printing...high oil price, high inflatrion, Ron Paul & many events will stop this evil action......
whatever...print only causes high inflation & push up interest rate to super high eventually.....porperty will just crash, mortgage rate up by 8%, it will almost double loan payment every month.....many will bankrupt.....8% mortgage rate is nothing in spore history.....
Bill Black: The Fraud Recipe for CEO’s, Why Banks Hate Free Markets and Love Crony Capitalism, and the Dysmal Legacy of Mainstream Economists
May 4th, 2012
with global printing few 10 of US$trillion....why these money goes?? who decide?? how ? why? only go to people they trust.....sure has cronyism....
spore printed a lot?? sure....
free market is strong one prevail.....cronyism is corruption...I thought old senile hate corruption the most?? I thought he shouted meritocarcy since day 1?? cronyism is worse than corruption....
whatever printed $$ will be gone eventually....after evaporate, left debt to pay back....those money in pocket will be gone, only yransfer from the fools to ka ki langs....tons of fools has to bankrupt, bank suffered?? tons of fools has to work for 30-40 yrs just to pay back debt...30-40 yrs work like dog?? this is their hwole life....
now we are at this juncture....many fools will become bankrupt in next 1-2 yrs...decide time now...fools dream & hope & hold tight tight...real smart one alreday sell last yr....clever one willcut & sell fast, of course stop buying now.....
Steady la!
Long time no see, basickenna banned Liao ah!
Basically, basic is past tense and currently, basically is cutting and pasting.
Never say die!
Ha ha ha
I go to sleep Liao!
Wa ha ha ha.....
Since mr B is wasting bandwidth, I also help a bit.
Wa ha ha ha.....
Yawn......
Zzzzzzzz
Punggol residential project to be launched at $850 psf
this is list price, normally with 20% discount from the price….already below $700 psf….plus car, absorb stamp, legal....
land price is $330 psf....all in about $650 psf...is about there...time to squeeze developers to lose money in their project....wait for crisis comes & need some time before they willing to sell at lost....
so price keep dropping from developers now...resale is death, volume is all chunked by developers.....sell & subsale & subsubsales & not buying....make up all the #, sound & look hot driven by govt media....all the actors & actress of agents....
but listing price keep dropping...those sellers listed low price...try to sell >10% below valuation already can't sell, those try to sell high, last in the queue will never be able to sell in their life time now....so stop buying, price drop is just beginning, as time goes by, drop more...once global stock price down 20%...1 europe bank run....you will see developers, rysh to dump like crazy,these are the smart one....those blurred sotong still hope for QE....will die super ugly, they deserve to be bankrupt.....
be very patient, ai lai liao....hold your buy......
This can only come from someone who punch key board in panic at home. I said many times already! If you want to comment on current launches, for God sake go to the showflat and take a look! Ask for the price list and see for yourself!
Sorry, forgot can say "for God sake", coz God has chosen one person to forsake! Even if property down 50% in 2 years' time, you will be left to burn in H*ll with your trillions of HBN!
This week's property sales is showing slight slow down from previous weeks' of super hot heat! Market taking a breather, so take this opportunity to go showflats (sllightly less crowded).
SeaHill sold an impressive 150++ units within 2 weeks of launch.
Other developments are also seeing units taken up at healthy rate.
Older launches are also see renewed interest. Thomson Grand has seen significant take ups. High end resale are showing signs of revival as more investors enter the marekt.
Singapore Property has been resilient throughout periods of financial difficulties. Everyone in this world knows that Singapore is one of the safest havens to park their cash. Be it in Singapore Dollars or Singapore properties.
Government is there to ensure a stable and appreciating property market in line with your economic growth. We are know that government controls the supply in this equation and price is totally related to supply!
If property market ever dip (eg in 2008/9), government will just need to stop land sales and continue with its enbloc. Supply will shrink, price will remain stable. Undo all the CMs one by one and property market will be kept stable.
You can either BEEEElieve the 50% crash you read here from strange people, or see for yourself what our government has done in previous downturns and how fast we recover.
Those who have MISSED THE BBBBBBOAT, please take the opportunity now before prices start inching up again VERY VERY VERY soon. Before 2015, property prices here will certainly go up 15% !
Many of those who BBBBelieve in BBBB sold their properties and waiting for prices for crash for last 2 years, guess what happens to them ? Most of them buy back at higher prices. But at least they learnt their lessons and paid a small price!
Dont lose BBBBBig! BBBBuy now!
DKSG
PS : But dont anyhow buy also la! Get one that is value for money!
DKSG
Do u think price will keeP going up? Nothing moves in a straight line? I wanted to buy now also scare. WOnder if it has reached the tipping pt...
Alan Shearer
06-05-12, 09:09
Is it porperty or property?
Basically an uneducated moron.
DKSG - unless you yourself have bought Seahill, don't ask others to buy, or else you sound like a hypocrite.
Rumors Paper page 3
Ring Ring Ring ......
Mr B: Hello. I'm Basic Basically speaking
Manager: Sir, I'm here to deliver the lovely tent.
Mr B: What's taking you so long? I've waited for 3 long....... days. Come over to the area where you see a lot of tents along the beach.
Manager: Sorry Sir. I'll be there in 5 mins time
The manager walks towards the direction where the tents are. From far he can see Mr B standing there besides a dirty old tent. He is dressed like a fisherman. As he walks closer to Mr B, he can see Mr B jumping up & down and beaming with joy.
Now the manager can see that the tent was in a bad shape & in need of a new replacement. The new tent indeed come at the right time.
Manager: Sir, how long have you been camping here?
Mr B: Why you bother?
Manager: Just out of curiosity.
Mr B: I've been here for the last 3yrs.
Manager: Why didn't you buy one then since you've cash in the bank? It will erode with the high inflation you know!
Mr B looked into the sky & said: "My crystal ball tells me that the market will crash >50% in 2yrs time. You must be crazy. Only Fools will buy today."
Manager: But why did you came to the showroom the other day?
Mr B: Sigh.... Let me tell you. I'm a bit confused. On one hand, I need a home. On the other hand I also want the market to crash. You see, I've a hi-tech equipments in my tent. I'll be postings 24x7x365 days non-stop for the market to crash.
Manager: No worries Sir. I can put you in my VVVIP list. I'll call you if we have a new launch.
With a sudden swing in mood, Mr B shouted
"What are you talking about? Who need to be in the VVVIP list?
I'll put you in my MORON list. Put down the tent and get out of here. You foolish FOOL"
The manager quickly put the tent on the ground and walk back towards his car. Suddenly, he saw a misty cloud in front of him. When the cloud disperse, he saw a 5 Chinese characters floating in front of him
......................"好心没好报"
Rumors Papers page 4
Ring Ring Ring ......
Mr B picked up the phone & answer just like an answering machine
Mr B: Hello. I'm Basic Basically speaking
Manager: Good morning Sir. I've good news for you. We have a new launch coming up next week. Would you like to come for a VVVIP launch tomorrow. Just for you only. By the way can I call you Ah B instead?
Mr B: Don't get too personal with me. I don't like personal. Call me Mr B. Whatever VVVIP launch is just a marketing hype. I'm not a STUPID FOOL to believe such crap from people like you.
Manager: Mr B. Don't get me wrong. I meant well. This is a good development located near MRT with good school within 1km. It's reasonably priced for the masses. After the 25% discount, it's only 1400psf.
Mr B: Do I look like a carrot head to you? You want to chop carrot head to make carrot cake, go look for someone else. My crystal ball is as clear as the blue sky today. I can get >50% discount 2 yrs later. Tell me. Why should I buy anything today? You can sell to those dreamers who believe in your beautiful lies.
Manager: No. Pls believe me. This is the most promising development in this district.....
Before the manager can complete the sentence, Mr B cut in & said
Mr B: The market is already down by 20% today. Tons selling <650psf. The sail down by 50% already. You want me to buy this crap at 1400psf?
You can sell to those who believe in you. THEY WILL "HOP DOWN FROM THEIR DREAM HOME" when the market crash. Bank will come after them. I will be watching these FOOLS dropping like bird shyt.
Manager: You have LOBANG <650psf? Sorry Mr B. I really 有眼不识泰山。 You are the real GURU. Can tell me where to buy one? I'm looking for one for own investment.
Mr B: You think you very smart. Want to help me some more? You go look for one yourself. THERE ARE TONS OUT THERE. ONLY FOOLS BUY HIGH HIGH. YOU SHAMELESS FOOL.......
....................The conversation was cut off abruptly
DKSG - unless you yourself have bought Seahill, don't ask others to buy, or else you sound like a hypocrite.
Just to set the record straight. I NEVER ask people to buy or sell properties.
Not like Ah B who insists we have to sell all our properties NOW or become bankrupt by 2015!
Sorry if I give readers here the impression I am asking people to buy. You are certainly free to buy or sell.
The information I posted here are based on what I see in showflats, number of units sold and the speed of the take up rate.
Whether you buy or sell, doesnt affect Office Boy like myself.
DKSG
I have to admit that Ah B is right about Dr Doom's prediction of 20% equities crashing !
It is on the newspapers today for everyone to read!
But I think Ah B was too busy cutting and pasting the headlines that he missed (again?!) reading the content and advice of Dr Doom!
Dr Doom says though market will drop by 20% in a few months' time, he STRONGLY advise people NOT TO hold cash!
He advises people to hold EQUITIES and PROPERTIES !
Even Ah B's favourite Dr Doom is asking people to buy properties as a good hedge against what he is predicting !
Though I doubt Dr Doom will have a significant impact on Sg Properties, but .. hey! thats Ah B's best friend...
So dear forumers, I am NOT asking you all to go and buy properties now or buy which particular one, but just telling you (again) what you have read in the newspapers ... people asking us to buy properties as a hedge against what is coming up (based on Dr D's prediction).
That's all!
DKSG
PS : Going showflats again soon !
Ron Paul Slugs At The Fed One More Time
May 5th, 2012
Ron Paul Is Going to the Republican National Convention, and – Believe It Or Not – It’s Still Possible for Paul to Win
May 5th, 2012
Ron Paul has tons of followrs...what he said carry weight & can spread easily across US...bernanke will be in tough time, many in FED do not agree with this rubbish now, at least got someone like Ron to tell US & the world about this human rubbish.....
If Ron can be president....FED will close down, Bernanke? if can jail forever, will be good.....
let wait for the result of Europe election late tonight.....the world political landscape is going to reversed 180 deg.....US & China later this yr....
we still have war, inflation, bank run, bankrupt, recession, depression, rate hike, tax hike, global unemployment, global no demand, global debt burst, no more printing & QE, PIIGS, china hard landing, Japan Yen, Spore property burst.....
next 2-3 months, you will see a nice preview....just the begining of the end....coming all the way now....good luck....
property down >50% before 2015 is really nothing......
In this manipulated market, the reckless have nothing to lose, while the prudent cannot possibly assess the real risk or price of assets and debt. The grand irony is that in attempting to “save” the housing market by suppressing mortgage rates and the market’s discovery of the price of homes, debt, and risk, the Fed has systemically crippled the housing market
Making 9 Million Jobless “Vanish”: How The Government Manipulates Unemployment Statistics
HONG KONG PROPERTY BUBBLE MANIPULATORS ARRESTED
I am showing above how property market can be manipulated by who...all knows....from manipulating data, easy money, floodgate, supply, media & many more....
no choice has to against govt directly now, has to get govt down & out, they cannot exist anymore, this evil....they are in the dark & we are in the bright, whatever we post here, they can read & react accordingly, but not the other way round.....to protect their vote, they don;t go against you, at least they can don't do anything....
whatever, must get out PAP govt in 2016, already no other choice to choose...this rubbish evil...
yes, those who need protection from govt that property will not come down, govt is no your side is for sure....I have no problem to fight them now directly....they will not win as this is global crisis now will swallow them like a small shrimp, they can be king in this rubbish dot today but they cannot & dare not fight the tidal wave of global economy collapse....global crisis is sure to come, is sure to happen this yr...govt can take this as excuse for not implementing CM or build more BTO or stop supply & bring in another 5 mil foreigners....who care, let them backfire themselves if they do the wrong thing, will be punished till many has to go to jail eventually or execution.....
developers or sellers can anyhow shout what price they want to sell...they can do internal or insider trade that sold out or sold at super high price....but basically, not affordable & not many fools around to be affordable...bank can loan easy money to fool to leverage 100x at super low rate....go ahead, bank wil be bailout during property crash, we will want all of them to be execute if there is criminal act on abuse power to raid taxpayers' money....
all the COE, inflation in spore is the result of wealth effect from property, no doubt about it, the one behind is definitely govt.....stop saying you do not know the cause if you are so stupid or not sincere or try to hide....how to trust these rubbish.....
same to ah cow....gone case....all history will record the shame of govt....all the 50 yrs has been down to drain due to last few yrs....hard truth will be out eventually.......
of course, all bubble will be burst....many will be bankrupt, some banks has to bankrupt too, we see it clearly from USA from 2006-8.....spore will go the same way now, unavoidable, we will see it in 2012-2104 for spore....property crashing down...2016 is the out of PAP.....this is global issue, they can blame it, but peple will no longer believe & trust them anymore with what they have done in last 2-3 yrs.....sit on it, blame on others, so easy to take S$mil salary......
Concern as bankruptsies in UK rocket by 10% in 3 months, along with a steeprise in zombie companies on the verge of bankruptsy:
May 4th, 2012
UK unemployment rockets towards exceeding 9% even by official figuresmanipulated to make it seem less than it really is for political propagandapurposes:
May 4th, 2012
so UK in reccession now...benakruptcy hike 10% in last months....mortgage loan default also shoot up...more people & company bankrupt....tons of property in negative asset...this is norm for recession & global coubtries today, moving forward will be much nuch worse...so what is proiinting $$...the more they print, the more bankrupt, that is all....said earlier, printed $$ only drice bubble...bubble burst all bankrupt...same to spore property....
spore tis time is not the 1st to enter recession like 2008...so will be the last to get out from coming recession & depression, that will be much worse....
same to unemployment....all fake....still 9%, will get much worse in later stage...same to spore, unemployment will shoot up, tons of retrenchement later, millions ofFT/FW/foreigners will have to get lost...if not they will have to be robbers or kidnappers in spore to survive...
rubbish come in will have to leave, same as hot money, come in will have to get out...in recession all will pull out ...this will cause liquidity dry up & rate shoot up.....all the reverse of what is happening in last few yrs...this is cycle....so hold tight tight to your property to lose >50% in 2-3 yrs time before 2015......now all sellers & developers cut price to dump, low peice also can't sell, those hope to sell high like most morons here, get ready to bankrupt........
We Aren’t That Far Behind Greece – Peter Schiff
May 4th, 2012
Richard Koo: “…even at extremely low interest rates, companies choose tosave money and pay down debt"
May 4th, 2012
sure..interm of debt to GDP, unemployment....US is even worse than Greece, only that US can print themselves, Greece cannot....but the more they print, the worse it will be later due to kick can down rhe road & explode larger....
US print to push down rate but $$, banks dare not loan out at low rate, company also don't borrow as they know borrow also can't pay back due to no business as unemployment is real high.....instead they choose to pay back loan....
Spore is doing reversed rubbish....print & loan out as mortgage loan at super low rate as easy money...that is why Spore inflation is 5.5%, US is 2%....all these printed $$ has no econoomy value, only drive property price & no increase in salary & income...stagflation, no disposable income...not sustainable...once property bubble burst, all printed $$ evaporated....all mortgage loan will force tons bankrupt like UK.....
a small lehman bros already caused spore property down 30%...the coming one is eventually 100x bigger than lehman, it will crash spore property to almost nothing in time to come....next few months, you will have a preview of it....just a 100x smaller version, have a feel if 100x bigger, what will it be to Spore....
You know how politics work. :cool:
In this manipulated market, the reckless have nothing to lose, while the prudent cannot possibly assess the real risk or price of assets and debt. The grand irony is that in attempting to “save” the housing market by suppressing mortgage rates and the market’s discovery of the price of homes, debt, and risk, the Fed has systemically crippled the housing market
Making 9 Million Jobless “Vanish”: How The Government Manipulates Unemployment Statistics
HONG KONG PROPERTY BUBBLE MANIPULATORS ARRESTED
I am showing above how property market can be manipulated by who...all knows....from manipulating data, easy money, floodgate, supply, media & many more....
no choice has to against govt directly now, has to get govt down & out, they cannot exist anymore, this evil....they are in the dark & we are in the bright, whatever we post here, they can read & react accordingly, but not the other way round.....to protect their vote, they don;t go against you, at least they can don't do anything....
whatever, must get out PAP govt in 2016, already no other choice to choose...this rubbish evil...
yes, those who need protection from govt that property will not come down, govt is no your side is for sure....I have no problem to fight them now directly....they will not win as this is global crisis now will swallow them like a small shrimp, they can be king in this rubbish dot today but they cannot & dare not fight the tidal wave of global economy collapse....global crisis is sure to come, is sure to happen this yr...govt can take this as excuse for not implementing CM or build more BTO or stop supply & bring in another 5 mil foreigners....who care, let them backfire themselves if they do the wrong thing, will be punished till many has to go to jail eventually or execution.....
developers or sellers can anyhow shout what price they want to sell...they can do internal or insider trade that sold out or sold at super high price....but basically, not affordable & not many fools around to be affordable...bank can loan easy money to fool to leverage 100x at super low rate....go ahead, bank wil be bailout during property crash, we will want all of them to be execute if there is criminal act on abuse power to raid taxpayers' money....
all the COE, inflation in spore is the result of wealth effect from property, no doubt about it, the one behind is definitely govt.....stop saying you do not know the cause if you are so stupid or not sincere or try to hide....how to trust these rubbish.....
same to ah cow....gone case....all history will record the shame of govt....all the 50 yrs has been down to drain due to last few yrs....hard truth will be out eventually.......
of course, all bubble will be burst....many will be bankrupt, some banks has to bankrupt too, we see it clearly from USA from 2006-8.....spore will go the same way now, unavoidable, we will see it in 2012-2104 for spore....property crashing down...2016 is the out of PAP.....this is global issue, they can blame it, but peple will no longer believe & trust them anymore with what they have done in last 2-3 yrs.....sit on it, blame on others, so easy to take S$mil salary......
Ah B !
Can you comment on the fact that Dr Doom advises that we DO NOT HOLD CASH ? And instead hold equities and PROPERTIES ?
Singapore property market is one of the most stable in the world. Since years ago, our remarkable ability to bounce back within 2 quarters since the Great Recession (so called) after Lehman Brothers collapsed has shown the world that we are a property market of choice globally!
And even Dr Doom now recommends to the WHOLE WORLD to hold properties to ride out the current situation, MORE AND MORE people will be looking at buying Sg properties.
Dr Doom says capital preservation is the KEY! So even if you need to pay 10% ABSD, and if you think Sg market will in the next few years surpass 10% return, then you should consider getting Singapore Property!
I say consider hor, I never say must buy. If you cannot find one of value, then better not buy lor! But if your "value for money" means 20% drop like what Ah B is looking for, then u ask him which ones are 20% off!
DKSG
PS : We are going to see renewed interest globally on physical assets as strategy for capital perservation. Paying rental for 2 years is NOT capital preservation!
Lack of Trust – Caused by Institutional Corruption – Is Killing the Economy
May 4th, 2012
same to spore govt….totally no trust now, corruption?? cannot say here but where do all printed $$ go, definitely is not simple….
that is why the world is in today now...all the middle class gone....class war, riots, unrest globally today...that is why occupy movement is a right one...
no one, want war or riots, but no choice now....or it will be too late to become real clash to see blood in the street all over....
with corruption, with cronyism....money do not go to govt, what is the end result of country economy?? so spore property bubble will sure burst, already started, price already down, don't have to believe in all media about the data & news, stay away, wait for the crisis to burst in next few months, then 1-2 yrs from now, you will know, still have tons & tons of unsold units in all projects.....all the sold units, all sold out projects, all hot one still have tons of available.....even worse, tons will not be able to complete their purchase in 1-2 yrs time....many will not be able to see their units....due to this coming crisis will wi[e out tons of jobs in spore, huge retrenchment....many will have no money to pay up or even bakrupt before completion.....
Alasdair Macleod: Why The Europe Situation is Certain to Get Worse
May 5th, 2012
No End In Sight To Global Job Crisis: UN
May 5th, 2012
Europe can only get worse form here....PIIGS will explode in next few months...once banks run, that is it, whole world will start to sink to bottom from there...
global bubble will pop up 1 by 1...take few yrs to crash to the bottom...
same to unemployment....not only western world...asia too will seev high employment in next few yrs, huge retrenchement....
with all these resession, depression, huge retrenchment.....market will still be good? many company & people will bankrupt, property still cheong?? force sell & auction instead.....next 20 yrs is debt pay back time...you see tons ofmoney now, behind them are all debt need to pay back...one may have S$50mil, but owe $100mil behind, that is all.....
“Dr. Doom” Marc Faber: Don’t buy stocks now
April 10th, 2012
Marc Faber: We Are In A Worse Position Than In 2008
April 12th, 2012
Marc Faber The Great Depression All Over Again
April 24th, 2012
Marc Faber Interview – Keynesian Clowns, Middle East To Blow Up
April 30th, 2012
Marc Faber just shouted 2 days ago, stock will down 20% soon.....
look at what Marc Faber said above.....he is Mr.Doom...still buy porperty & stocks??....
only fools will believe Marc will shout buy now as he knows well current global situation is the worse in his whole life, yet as Dr.Doom he shouted buy now....so many naive without using their head & believe in such nnsense media??.....go ahead...that is why I said, stay away for now....only desperate & bankrupt sout bull market.....they are stuck & panic.....easy lah.....globally is going to sink, be patient, don't get yourself in any debt or mortgage loan which will ruin yur whole life for next 30-40 yrs.....
Rumors Papers page 4
Ring Ring Ring ......
Mr B picked up the phone & answer just like an answering machine
Mr B: Hello. I'm Basic Basically speaking
Manager: Good morning Sir. I've good news for you. We have a new launch coming up next week. Would you like to come for a VVVIP launch tomorrow. Just for you only. By the way can I call you Ah B instead?
Mr B: Don't get too personal with me. I don't like personal. Call me Mr B. Whatever VVVIP launch is just a marketing hype. I'm not a STUPID FOOL to believe such crap from people like you.
Manager: Mr B. Don't get me wrong. I meant well. This is a good development located near MRT with good school within 1km. It's reasonably priced for the masses. After the 25% discount, it's only 1400psf.
Mr B: Do I look like a carrot head to you? You want to chop carrot head to make carrot cake, go look for someone else. My crystal ball is as clear as the blue sky today. I can get >50% discount 2 yrs later. Tell me. Why should I buy anything today? You can sell to those dreamers who believe in your beautiful lies.
Manager: No. Pls believe me. This is the most promising development in this district.....
Before the manager can complete the sentence, Mr B cut in & said
Mr B: The market is already down by 20% today. Tons selling <650psf. The sail down by 50% already. You want me to buy this crap at 1400psf?
You can sell to those who believe in you. THEY WILL "HOP DOWN FROM THEIR DREAM HOME" when the market crash. Bank will come after them. I will be watching these FOOLS dropping like bird shyt.
Manager: You have LOBANG <650psf? Sorry Mr B. I really 有眼不识泰山。 You are the real GURU. Can tell me where to buy one? I'm looking for one for own investment.
Mr B: You think you very smart. Want to help me some more? You go look for one yourself. THERE ARE TONS OUT THERE. ONLY FOOLS BUY HIGH HIGH. YOU SHAMELESS FOOL.......
....................The conversation was cut off abruptly
Rumors Papers page 5
Ring Ring Ring ......
As usual Mr B picked up the phone & answer with the same lifeless tone
Mr B: "Hello. I'm Basic Basically speaking"
Manager:"Hi Mr B, It's me again. The call was cut off suddenly the other day. I think there is something wrong with my phone. So I thought I should call you back to give you the latest update"
Mr B replied in disbelieve: "Alamak. There's nothing wrong with your phone. Didn't you know I hang up the phone?"
Manager: "Really? Maybe I'm already used to it. Anyway, the main reason I'm calling you is to inform that I've reserved a SUPERB unit with good value for you. Don't worry about the cost. I'm giving you the best discount ever.....25%"
Mr B: Äre you an Idiot? Didn't I told you I'll not buying at today's HIGH HIGH price? Why you still behaving like a leech clinching on to my fresh. You are driving me crazy you know?"
Manager: "After you fainted in the showroom and seeing your situation in Changi beach, I've your interest in mind. I'm putting you in my PRIORITY LIST. My professional instinct told me that you are in need of a roof veryyyy....... badly"
Mr B said proudly: "Why worry? I'm doing fine at Changi beach. The ocean view is nice & I can breath the smell of the sea every day. The best is I don't have to pay a single cent for the seaview. I've also adopted two street cats and a dog as my pets. I don't need you to tell me what to do. You can sell the units to those who love Bungee jumping and Scuba diving. I'm waiting for the BIG crash to come. Hahaha.......That's the time I will be out there picking durians. "
Manager: "Wow. Your thinking is very refreshing and your words are very deep and soo ....... abstract. How are bungee jumping. scuba diving and durains relate to buying property"
Mr B: "............."
Manager: "Actually I'm still very interested in the <650psf you mentioned last time. Do you mind give me more details?"
Mr B said angrily: "You are wasting my time. If you don't have anything 50% below market value, dont you ever call me again. You understand?'"
duuuuuuu.............................................
MARC FABER SEES A GOLD CORRECTION
Posted on 4th May 2012
A 10% to 15% correction would be expected if the stock market goes down 20% to 30%.
U.S. stocks, Faber said, “may correct more than what people expect.” Market leadership is narrowing, as happens in poor quality, mature rallies, he noted.
A 20% downturn for the U.S. market in coming months wouldn’t be surprising, Faber said.
“Someone very bullish about stocks should be very concerned,” he said.
this is what he shouted 2 days ago....i don't read ST....all of you can compared....
EURUSD Drop Below 1.30… Now @ 1.2988
May 6th, 2012
French Elect Socialist President and Click Ruby Heels Saying “There is No Place Like Greece”
May 6th, 2012
Merkel loses power in state election
May 6th, 2012
let see I am right or ST is right....Marc Faber comment on stock...down 20% or up 20%.....
I said next 2-3 months you will have a preview of what is going to happen, this is only 1% of what is going to happen in next 2-3 yrs.....
buy more stock & dump all you have to buy shares since STI is going to down >50 pts today, is much cheaper than last week, so use 400% margin to buy since SR said srock & peoprty going to cheong up...buy today, don't miss the boat before too late....
property down>50% before 2015...STI down below 1000 before 2015....
all the rubbish leader will be down 1 by 1, including spore in time to come......people power will show & change the world....kill all this rubbish...from obama, geithner, bernanke, sarkozy, Merkel to spore one.....
next 1-3 months will be very interesting......let see any banks run, PIIGS default or out of Euro.....everything in this thread will unfold 1 by 1 in next 2-3 yrs......
Deutsche Bank explains why the outcome in Greece is, in his words, “a significant market-negative surprise.”
May 6th, 2012
Greece bochap liao....later all PIIGS also hack care liao.....of bank payment, their debt...all stop paying & let it default....all european banks bankrupt.....why care about all these robbers, print $$ & put it in their own pocket & enjoy life, kill all of them instead globally....
the world order & system will be break eventualy...that is the end of world economy & collapse....print too much but all corruption & cronyism.....bernanke caused the world to breakdown....stop printing all these nonsense.....
once europe banks bankrupt.....US banks will be down....spore banks?? you think very strong, how about the S$135Bil of residential mortgage loan at 1%?? bubble collapse, banks will squeeze all to pay back immediately when global banks run & all hot money pull out, from local banks....who will trust who by then, liquisity dry up, lortgage rate will shoot to sky, property collapse 50% is rally nothing before 2015, can be 2014. 2013....will not disclose here, let time to unfold......
when banks run you think factory still can run, if spore property collapse you think we still need foreign workers......all retrench, how many millions of foreigners has to get out?? ALL.....no jobs, no trade,no demand, no security, no trust.....now is just the beginning, preview of 1% what is coming in next 1-3 yrs.....
those still hold tight tight to oyur property good luck 7 look at reservoir.....those smart one already out, those clever one will just cut 20-30% below valuation & last transacted price & run fast....developers will cur deep deep quietly & run road....
Those who read Ah B's note and wishes to cut 20% (no need 30%), please post here. There are ALOT ALOT ALOT of ready buyers willing to help you cut loss.
Sell now at 20% below valuation is better than later have to sell at 50% below current valuation.
Do not panic, help is just round the corner, just post here the properties you want to sell and there are many helpful people out there willing to help you out. To prevent you for losing 50% of the value of your properties.
Dont hesitate, post NOW!
For someone as daring as predicting the stock market movements TODAY, we will see what happens TODAY, marketing opening in 20 mins' time.
If stock market drop 50 (hey! how come 50 so little ? predict 150 points la!), you guys better get help to get rid of your properties at 20%.
DKSG
PS : Give you one tip la! U try 10%, some kind soul maybe able to help you liao!
IMF official says tranche to Greece will be withheld if new austerity measures not finalized
May 6th, 2012
sure...stop loan to Greece, they will not pay back, why throw monay into drain, where is spore $5bil to IMF?? gone soon...
Greece & PIIGS will eventually said they will not accept austerities, they are not going to pay back loan.....then all banks run in europe....then all US bank also bankrupting soon....
then all the printed $$ evaporated.....look at Euro now is melting slowly....the heat still have not on yet...wait for next 1-3 months preview...then when heat turn on to >1000 deg in next 1-3 yrs......all collapse....
all bubble burst...biggest bubble in spore history is today's property....burst big way, all run like headless chicken, no mercy, no bailout, don't abuse of power, don't use taxpayers' money for those greeds, let them die, they deserve it.....1997-2003, many peole jump down because of property, this time will be much much more at least few 100% more.....be responsible to your act, bankrupt or jump, no mercy.....stop buying, wait patiently for bank force sell, auction, this is free market, let weak holders dump out at rock bottom price, this is meritocracy, strong one prevail...weak one let them die since they are over greedy, overleveraged.....
IMF official says tranche to Greece will be withheld if new austerity measures not finalized
May 6th, 2012
sure...stop loan to Greece, they will not pay back, why throw monay into drain, where is spore $5bil to IMF?? gone soon...
Greece & PIIGS will eventually said they will not accept austerities, they are not going to pay back loan.....then all banks run in europe....then all US bank also bankrupting soon....
then all the printed $$ evaporated.....look at Euro now is melting slowly....the heat still have not on yet...wait for next 1-3 months preview...then when heat turn on to >1000 deg in next 1-3 yrs......all collapse....
all bubble burst...biggest bubble in spore history is today's property....burst big way, all run like headless chicken, no mercy, no bailout, don't abuse of power, don't use taxpayers' money for those greeds, let them die, they deserve it.....1997-2003, many peole jump down because of property, this time will be much much more at least few 100% more.....be responsible to your act, bankrupt or jump, no mercy.....stop buying, wait patiently for bank force sell, auction, this is free market, let weak holders dump out at rock bottom price, this is meritocracy, strong one prevail...weak one let them die since they are over greedy, overleveraged.....
For those who own properties now, what are you waiting for ? Waiting for property prices to drop 50% accordingly to our BEST friend here ?
Quick! Do it now, quickly sell your properties while there are still buyers! There are many kind hearted people here willing to help you out so that you will not suffer 50% drop in the price of your properties. They are willing to bear the risk for you!
All you need to do is to mark you properties down 20% and post it HERE! Yes! HERE! And our friendly property investors will contact you very soon! Who knows if they start to bid for your properties you may not sell at 20% down, maybe just 15%!
DO NOT WAIT FURTHER! Property prices are BOUND to drop 50% by 2015! If you still holding now, you are in trouble! While there are kind souls and investors out there willing to help you out now, DO IT!
Then go into rental.
DKSG
EURUSD Drop Below 1.30… Now @ 1.2968
May 6th, 2012
French Elect Socialist President and Click Ruby Heels Saying “There is No Place Like Greece”
May 6th, 2012
Merkel loses power in state election
May 6th, 2012
The Banks’ Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition
May 6th, 2012
let see I am right or ST is right....Marc Faber comment on stock...down 20% or up 20%.....in next 1-3 months.....
I said next 2-3 months you will have a preview of what is going to happen, this is only 1% of what is going to happen in next 2-3 yrs.....
buy more stock & dump all you have to buy shares since STI is going to down >50 pts today, is much cheaper than last week, so use 400% margin to buy since ST said stock & property are going to cheong up...buy today, don't miss the boat before too late....
world economy will collapse in next 2-3 yrs....all bubble will burst, from property to stock to currency to bonds to debt to derivatives to....it's in term of few 100 US$trillion....the more they print, they will die more ugly......hyperdeflation will kick in later stage, whole world will shrink...rate will shoot up, taxes will shoot up.....these are must.....
soon they don't bother default anymore, don't care about bailout, let banks bankrupt, don't care about financial system, currency let it crash.....that is the start of all bubble burst...very ugly...those who buy property get ready to squeezea by the banks as spore banks will be in panic mode.....
Spore property down>50% before 2015...STI down below 1000 before 2015....
all the rubbish leader will be down 1 by 1, including spore in time to come......people power will show & change the world....kill all this rubbish...from obama, geithner, bernanke, sarkozy, Merkel to spore one.....
next 1-3 months will be very interesting......let see any banks run, PIIGS default or out of Euro.....everything in this thread will unfold 1 by 1 in next 2-3 yrs....stop buying property, look at what is happening to the world........
stupid moron pest......hahaaaa.....;)
Quite pathetic leh!
Already know the French President stepping down than quickly post as if predicting he is stepping down!
Again! Calling all owners who wants to avoid having their property prices drop 50%. Do what Ah B is advising, sell your properties now! Even the one you are staying in. Mark it down 20% (just 20%, not yet 30%) NOW! and our friendly investors will contact you to help you out of the situation.
Sell now! Only lose 20%! If you wait till 2015, it will be down 50% (thats what Ah B says!).
DKSG
PS : Our friendly investors are kind hearted investors willing to bear the risk for you so that you need not carry the property when it is down 50% in 2015! Dont hesitate anymore ! Post now!
Hollande: ‘My real enemy is the world of finance’.
May 6th, 2012
FRANCE TURNS LEFT
May 6th, 2012
yes...crash the world of finance & printing today...go for it, you will get 95% of the peole to support you....now the world is at extreme right now, robbers rob all printed $$ thru' corruption & cronyism, capitalism already totally distorted...must swing to the left & socialist & communist now....we have to see blood if mission not complete with peace....just do it, no mercy...
class war or burst all bubbles, then go for deflation, the hyper-deflation to equal again to more balanced world....
Europe will start this revolution....all banks will crash, domino effect to the world, all debt has to pay back, all bubble has to burst....trade has to be balanced, all taxes has to raise, rate has to hike.....
so those with mortgage loan get ready to be bankrupt.....get ready to be in negative asset....$2mil property loan $1.5mil, when global bank runs plus spore property crashing down, down to $800k, your total capital of $500k gone, yet still owe banks $1.5mil plus all tax, stamp, legal, com, maintenance.....you will have to pay 30-40 yrs for youe $1.5mil mortgage...if retrenchment, what are you going to do with your family?? be responsible to pay back everything.....bank will in big trouble too with rate hike & mortgage default...how to collect back $300-400B of mortgage loan in next 10-20 yrs....oyu think S&P will not downgrade our banks to junk by then??......the day will come, alsready started.....just do it....
blackapple
07-05-12, 10:04
Hollande will be only the second Socialist to win the presidency since the advent of the Fifth Republic in 1958.
Hollande, while vowing to balance the nation’s budget by 2017, a year later than Sarkozy, also pushed back against calls for austerity in France and across the euro zone.
Hollande is no difference from Sarkozy, just delay what Sarkozy intend to do by 1 year.:tsk-tsk:
Why he want to reduce austerity temporary ? Just to gain votes (> 2%) and improve economics condition temporarily. If he intend to leave Euro, then it will make a difference.
Hollande: ‘My real enemy is the world of finance’.
May 6th, 2012
FRANCE TURNS LEFT
May 6th, 2012
yes...crash the world of finance & printing today...go for it, you will get 95% of the peole to support you....now the world is at extreme right now, robbers rob all printed $$ thru' corruption & cronyism, capitalism already totally distorted...must swing to the left & socialist & communist now....we have to see blood if mission not complete with peace....just do it, no mercy...
class war or burst all bubbles, then go for deflation, the hyper-deflation to equal again to more balanced world....
Europe will start this revolution....all banks will crash, domino effect to the world, all debt has to pay back, all bubble has to burst....trade has to be balanced, all taxes has to raise, rate has to hike.....
so those with mortgage loan get ready to be bankrupt.....get ready to be in negative asset....$2mil property loan $1.5mil, when global bank runs plus spore property crashing down, down to $800k, your total capital of $500k gone, yet still owe banks $1.5mil plus all tax, stamp, legal, com, maintenance.....you will have to pay 30-40 yrs for youe $1.5mil mortgage...if retrenchment, what are you going to do with your family?? be responsible to pay back everything.....bank will in big trouble too with rate hike & mortgage default...how to collect back $300-400B of mortgage loan in next 10-20 yrs....oyu think S&P will not downgrade our banks to junk by then??......the day will come, alsready started.....just do it....
While your $2 mil property still has buyers for $1.6 mil, ACT NOW !
Post it here so that our friendly life saving investors will help you out by buying it over from you!
Save yourself from the negative equity situation! The next person will have lesser to lose since they already got a 20% haircut! In this way, more people can get out unscathed!
ACT NOW! If you have a $2 mil property, and you want to take Ah B's advice, POST NOW! Here !~ Let us help you out !
DKSG
phantom_opera
07-05-12, 10:06
we are back to range bound ... increased chance that low interest rate will lat till 2017 liao
European politicians all wayang one lah, once they win the election, they will kowtow to Germany again .. just like our COE, cut supply in 3y or 5y ... austerity measure for 3y or 5y or 10y or 20y?? Germany want to quickly finish it off while the in-debt nations want to spread out the pain as long as possible :tsk-tsk: Eventually they must strike an agreement
Left?? Can it be like Bo Xi Lai ?? If Bo Xi Lai confirm hosay liao
Hollande will be only the second Socialist to win the presidency since the advent of the Fifth Republic in 1958.
Hollande, while vowing to balance the nation’s budget by 2017, a year later than Sarkozy, also pushed back against calls for austerity in France and across the euro zone.
Hollande is no difference from Sarkozy, just delay what Sarkozy intend to do by 1 year.:tsk-tsk:
Why he want to reduce austerity temporary ? Just to gain votes (> 2%) and improve economics condition temporarily. If he intend to leave Euro, then it will make a difference.
I agree. There is no question about the need to balance the budget. Cut spending and get the economy back on track.
Change soup but never change the tonics inside.
Will this bring about the major crash in Europe ? I doubt so.
DKSG
we are back to range bound ... increased chance that low interest rate will lat till 2017 liao
European politicians all wayang one lah, once they win the election, they will kowtow to Germany again .. just like our COE, cut supply in 3y or 5y ... austerity measure for 3y or 5y or 10y or 20y?? Germany want to quickly finish it off while the in-debt nations want to spread out the pain as long as possible :tsk-tsk: Eventually they must strike an agreement
Left?? Can it be like Bo Xi Lai ?? If Bo Xi Lai confirm hosay liao
In my v humble opinion, though not very healthy idea, but I think inflating their way out of the problem is one very viable way. Print more money, make things more expensive, make their debts smaller.
The impact of that on our property market is going to be worrisome. We have seen rounds of inflating and now ring fencing ourselves against them with the 10% ABSD. If more and more of them think that 10% is just 1-2 years of inflation, they might just take the plunge and come in again to buy big time!
DKSG
hahaaa....alla the morons rubbing moron backside...stink, smelly & tons of shyt....all these rubbish morons....:D :D :D :D :D :D :D :D
Taxmageddon: Massive Tax Hikes on the Horizon
May 6th, 2012
John Mauldin: The longer-term picture of labor force withdrawal is kind of shocking
May 6th, 2012
yes...these 2 will be 2 of the main theme in global economy in next 1-3 yrs including spore....
let see hollande applies his 75% to the rich....spread to the world....US tax rebate is going to over soon...additional taxes of US$trillion is going to start later this yr...all bankrupt hike taxes to sky high to pay back debt is definitely right path...more to come including psore taxes on property, income & many to come...
global unemployment rate will continue to surges from here....western world mostly in 20+% now...asia will going to same direction...huge retrenchment will be seen in spore in next 9-18 months....millions of foreigners habve to get lost or PAP will lose their lecetion in 2016.....
with high taxes, high interest rate coming, millions of foreigners leaving due to no jobs like dubai in 2010.....property will crash>50% easily....this is only 2 small factors...the bigger one is bank runs,carry trade unwinding of all printed $$...with these 2 major one in, still >50% or >80%??.....your guess is as good as mine....
Europe is gone case....it will pull down the world soon.....run road now or later, the picture is very clear now, govt better come out cooling measures fast enough to rescue more naive & newbies to sink into this bubble & get their family burst into charcoal later....time is running out, wait for 1 more month, scenario is totally different by then......hahaaaa...swee!!!!.....
Deutsche Bank explains why the outcome in Greece is, in his words, “a significant market-negative surprise.”
May 6th, 2012
Greece bochap liao....later all PIIGS also hack care liao.....of bank payment, their debt...all stop paying & let it default....all european banks bankrupt.....why care about all these robbers, print $$ & put it in their own pocket & enjoy life, kill all of them instead globally....
the world order & system will be break eventualy...that is the end of world economy & collapse....print too much but all corruption & cronyism.....bernanke caused the world to breakdown....stop printing all these nonsense.....
once europe banks bankrupt.....US banks will be down....spore banks?? you think very strong, how about the S$135Bil of residential mortgage loan at 1%?? bubble collapse, banks will squeeze all to pay back immediately when global banks run & all hot money pull out, from local banks....who will trust who by then, liquisity dry up, lortgage rate will shoot to sky, property collapse 50% is rally nothing before 2015, can be 2014. 2013....will not disclose here, let time to unfold......
when banks run you think factory still can run, if spore property collapse you think we still need foreign workers......all retrench, how many millions of foreigners has to get out?? ALL.....no jobs, no trade,no demand, no security, no trust.....now is just the beginning, preview of 1% what is coming in next 1-3 yrs.....
those still hold tight tight to oyur property good luck 7 look at reservoir.....those smart one already out, those clever one will just cut 20-30% below valuation & last transacted price & run fast....developers will cur deep deep quietly & run road....
So what are people still waiting for ?
Its time to sell your properties at 20% below valuation NOW!
Let our kind hearted investors help you!
Post your properties details here and our friendly investors relations will contact you faster than the market is crashing!
Use the below template :
Condo Name
Size (sqft)
Number of bedrooms
Valuation
Asking
We will get back to you within a day!
Sell now at 20% below valuation before it drops by 50% by 2015 !
DKSG
So what are people still waiting for ?
Its time to sell your properties at 20% below valuation NOW!
Let our kind hearted investors help you!
Post your properties details here and our friendly investors relations will contact you faster than the market is crashing!
Use the below template :
Condo Name
Size (sqft)
Number of bedrooms
Valuation
Asking
We will get back to you within a day!
Sell now at 20% below valuation before it drops by 50% by 2015 !
DKSG
sell to me at 18% below valuation. genuine buyer, please call XXXXX99
phantom_opera
07-05-12, 10:58
In my v humble opinion, though not very healthy idea, but I think inflating their way out of the problem is one very viable way. Print more money, make things more expensive, make their debts smaller.
The impact of that on our property market is going to be worrisome. We have seen rounds of inflating and now ring fencing ourselves against them with the 10% ABSD. If more and more of them think that 10% is just 1-2 years of inflation, they might just take the plunge and come in again to buy big time!
DKSG
The more dire the situation in Europe, many talented Europeans will seek employment in Hong Kong or Singapore ... since our ICA arms wide open ... it is going to create tremendous upward pressure on rental
Italians renting nowadays in D18 ;)
And properties are meant to be bought, not sold because your grandchildren will be forced to stay in Batam, Bintan, JB, Tekong, Ubin and become entertainers / service men of rich Chinese, Vietnamese, Europeans, Indians
It is already happening, certain enclaves already formed ...things are happening in the REIT world in amazing speed, FCT and Prudential going to buy Compass Point (inflation will go up in Sengkang soon)
Far sighted Singaporeans like Dr Ng, buyer of 2 SOHO units @ The Hiller, already booked properties in Singapore for his children ... so I repeat, never sell your properties, only buy on dip
The more dire the situation in Europe, many talented Europeans will seek employment in Hong Kong or Singapore ... since our ICA arms wide open ... it is going to create tremendous upward pressure on rental
Italians renting nowadays in D18 ;)
And properties are meant to be bought, not sold because your grandchildren will be forced to stay in Batam, Bintan, JB, Tekong, Ubin and become entertainers of rich Chinese, Vietnamese, Europeans, Indians
It is already happening, certain enclaves already formed
I know many morons will think this way....great..take in opportunists....tomorrow change govt again, they will run like dog, end up worse as the poisoned our society & dirty the mess....anyway, can't you read, already no jobs for sporean in 9-18 months, millions of foreigners has to get out...still come in?? no money can sutvive in spore & HK??.......hope & dream can.....
instead time for them to press spore to hike tax as spore is in their list of money laundry & tax invasion country...spore will be in spot light by then...secret society or spies everywhere in spore to track all these human rubbish....
great, let get in more rubbish to rubbish spore today.....
hahaaaa...this forever real moron.....
blackapple
07-05-12, 11:06
we are back to range bound ... increased chance that low interest rate will lat till 2017 liao
European politicians all wayang one lah, once they win the election, they will kowtow to Germany again .. just like our COE, cut supply in 3y or 5y ... austerity measure for 3y or 5y or 10y or 20y?? Germany want to quickly finish it off while the in-debt nations want to spread out the pain as long as possible :tsk-tsk: Eventually they must strike an agreement
Left?? Can it be like Bo Xi Lai ?? If Bo Xi Lai confirm hosay liao
Many of my co-worker are waiting for the COE to drop by 2014-2015. They bought their car in the 2004-2006 period. If the government should increase the COE number now and keep the car population at .5% growth, then the reduction will come in 2014-2015. This period has the largest amount of COE expiring.
Will it worsen the COE situation then when everyone want to renew but the number of COE is actually reduced ? Imagine you have a 10 years car and have money but cannot renew COE due to insufficient quotes !!! HAHAHA..
What the f*** is our transport minister thinking ?
phantom_opera
07-05-12, 11:15
We have COE austerity measures, it is either a 3y pain or 5y pain or 7y pain ... you name it ... need a scholar ??
IMF official says tranche to Greece will be withheld if new austerity measures not finalized
May 6th, 2012
sure...stop loan to Greece, they will not pay back, why throw monay into drain, where is spore $5bil to IMF?? gone soon...
Greece & PIIGS will eventually said they will not accept austerities, they are not going to pay back loan.....then all banks run in europe....then all US bank also bankrupting soon....
then all the printed $$ evaporated.....look at Euro now is melting slowly....the heat still have not on yet...wait for next 1-3 months preview...then when heat turn on to >1000 deg in next 1-3 yrs......all collapse....
all bubble burst...biggest bubble in spore history is today's property....burst big way, all run like headless chicken, no mercy, no bailout, don't abuse of power, don't use taxpayers' money for those greeds, let them die, they deserve it.....1997-2003, many peole jump down because of property, this time will be much much more at least few 100% more.....be responsible to your act, bankrupt or jump, no mercy.....stop buying, wait patiently for bank force sell, auction, this is free market, let weak holders dump out at rock bottom price, this is meritocracy, strong one prevail...weak one let them die since they are over greedy, overleveraged.....
Many of my co-worker are waiting for the COE to drop by 2014-2015. They bought their car in the 2004-2006 period. If the government should increase the COE number now and keep the car population at .5% growth, then the reduction will come in 2014-2015. This period has the largest amount of COE expiring.
Will it worsen the COE situation then when everyone want to renew but the number of COE is actually reduced ? Imagine you have a 10 years car and have money but cannot renew COE due to insufficient quotes !!! HAHAHA..
What the f*** is our transport minister thinking ?
Speculate a scenario.....
Minister knows what we don't know......
Maybe economy confirm tank in the next 3 years big time..... by that time no one can afford to buy car so quota or no quota doesn't matter just like GFC in Yr 2008.
Maybe that's why he relax the quota now knowing that the inevitable is to come?
Rapid release of EC is to save a generation that is forced not to speculate in property?
Older generation will all return whatever they made in property?
Yikes..... I will be dead by then too.
This will be a nightmare scenario..... markets are dropping as we type. :scared-1:
The chicanery between the Fed and ECB – twin balance sheets near peak levels and many European nations back in recession
May 6th, 2012
sure...all balanced sheet already exploded yet in recession now...if all the borrowed money don't pay back...all bankrupt...with current election, they already said stop paying back...wait for the real explosion much worse than lehman bros coming....
If nobody paying back, you think they still print?? if stop printing, ponzi scheme explode, what will happen tothe domino effect?? all the debt wipe out all the way....yet all the debt needs to pay back in future...in short, bubble burst...spore bubble also sure burst....
why pay back, let them lose huge....no jobs, no money, how to pay back....then why loan to them?? why you take S$mil salary & do not know why loan to them?? are you stupid?? why stupid can get S$mil salary?? who give to them? behind boss is govt??.....why they can manipulate everything?? pay them to manipulate?? meritocracy is manipulation??.....who started it??....
with europe going to ho lan...spore property going to crash big way.....with global economy to collapse, spore property to sink to the real bottom.....will see Europe CDS surges like nobody business this week...who still trust or have any confidence?? 1 day nobody care about all these CDS, as nobody going to loan, then print money for what?? sto printing because no more working, wjat is next?? all these will unfold fast...like spore property, 1 day, mostly not going to pay back loan, as no money, retrench, then banks still loan out mortgage loan?? if don't loan out, property sales 0, then what will the price be?? close to 0?? if all the home owner today, 100k-200k of them, need to pay back S$300B to $400B of mortgage loan...if you are 1 of them, most of the bulls here are in...very nice...those are out looking at these fools to pay $300B-400B from their 30-40 yrs working life for free?? enough?? hahaaaa....don't be 1 of them, stop buying.....wait for them to sell you at bottom.....
Speculate a scenario.....
Minister knows what we don't know......
Maybe economy confirm tank in the next 3 years big time..... by that time no one can afford to buy car so quota or no quota doesn't matter just like GFC in Yr 2008.
Maybe that's why he relax the quota now knowing that the inevitable is to come?
Rapid release of EC is to save a generation that is forced not to speculate in property?
Older generation will all return whatever they made in property?
Yikes..... I will be dead by then too.
This will be a nightmare scenario..... markets are dropping as we type. :scared-1:
1924, what happen to Germany?? every hour, price of food, necessity change & up due to massive printing & inflation..you rush to borrow money or get your pay...come back to buy, price already change......
that is why Germany dread of inflation till today....but what is going on now is repeat of 1924...eventually, all collapse....collapse till nothing...
so dump everything before it collapses in near future as the printing now is much more massive than 1924 but inflation suppress by global govts, but pressure going to give up soon.....under such circumstances, hike rate to 20%, then price will stop rising, all speculators die......
phantom_opera
07-05-12, 12:12
Smart investors should not have extreme views
Smart investors hold portfolios of bonds, cash, stocks, properties, gold, commodities, lands
In fact amk is right about corp bond .. in the age of low bank interest rate, increased allocation into short term 3-5y bonds make sense ... something like 3.5-4% low risk bond better than keeping it in the bank
Singapore is not going to follow japan recession model, hyperinflation german model, united states subprime collapse model, etc. First, we are a small nation more like monaco or swiss. Second, we have our own currency free to manipulate according to economy situation. Third, we have large pool of foreign reserve. Please stop talking about other countries and talk about our own.
Singapore is not going to follow japan recession model, hyperinflation german model, united states subprime collapse model, etc. First, we are a small nation more like monaco or swiss. Second, we have our own currency free to manipulate according to economy situation. Third, we have large pool of foreign reserve. Please stop talking about other countries and talk about our own.
we will be much worse than them as we have nothing to rely on...
we don't have japanese discipline, we have rojak race & not united, no patriotism, no japan team work, no japanese gracious & manners....
we don't have Germany skill, technology, global brands of car & company, german attitute, geramn brains....
we dont; have US gut, natural resources, space, innovation, creativity.......
we have all the nonsense & rubbish foreign workers with 99% of them no need to pay income tax of low pay & class of human rubbish.....we do not have natural resources to rely on in crisis, we have all the breakdown system of MRT, COE, property....all the bubble to burst on the way.....
nobody will care of this small dot & small economy when in crisis, nobody will take their currency, with or without in the world, no difference.....just an opportunist country.....abandon it....
Smart investors should not have extreme views
Smart investors hold portfolios of bonds, cash, stocks, properties, gold, commodities, lands
In fact amk is right about corp bond .. in the age of low bank interest rate, increased allocation into short term 3-5y bonds make sense ... something like 3.5-4% low risk bond better than keeping it in the bank
what is extreme view?? any view is much better than your wrong view forever....
any view is better than your roti prata view...today shout up, tomorrow down, next day shout flat.....follow the wind sure died.....
hahaaaaa......only people with no views, try to own everything....eventually own all rubbish as he has no view of anythng...worst bond, worst stock, worse property worst....
spore porperty already down for last 3 months according to report......also down in Q1 this yr by report.....
COV already down, valuaiton down...most sold sold below valuaiton.....where is the up???.....
many CCR porperty already down 20-30% compared to last yr peak....Sail last yr transacted at $3200-3400 psf, recently $1700-1900 psf & tons more...Reflection also same, now can't sell convert to rental, tons of property try to sell in last 6-12 months, can;t sell, change to rental also can't rent, caused rental price down....D'Leedon also same, after sell for 2 yrs still have 80% unsold, price keep dropping in last 2 yrs...
OCR same, new unit down from $1000 psf to below $750 psf....soon you will get below $650 psf....this is still crazy price as compared to CCR....resale already death, new units advertised like crazy, price war, launching like crazy to get out fast before crisis hit....those try to sell low in same condo alreay can't sell, those try to sell high or fake advertisement by agent instructed by xxxx, just a plot....those sell high will queue behind till all low price one clear 1st, but low price keep adjusting down due to ni takers.....
crisis will sure hit this yr....before August you will see major move....once 5-6 months before US election FED can't print, whole world stock & debt market will explode & crashing down...currency war, Euro will tumble like toilet paper, bond will plunge & push up interest rate.....global unemployment shoot up, inflaiton shoot up, no growth, no business, no jobs.....
those get stuck forever as huge debt globally today once rate shoot up, they can't pay back in next 20-30 yrs, exactly like Japan today, property down 90%, no growth for 20-30 yrs to pay back debt.....so many who bought today will have no chance to see their price back in thie life time....mak my words, many will have to work for free for their whole life just to pay back debt....many will bankrupt, commit suicide, family broken, say thank you to uglyinvestor & PAP govt....
S$130bil of mortgage loan...once property bubble burst, already started will last for 3-4 yrs to see the low, then keep drifting down for next 20 yrs....all the mortgage owner borrow $130B, will have to pay back at least $400B with interest when rate hike later this yr for next >15 yrs of rate up trend....all go in cycle, don't fight this universal trend....these $400Bil, can't print, all buy house in last 2-3 yrs will have to pay this amount by working their whole life....
so stop buying property, don't get yourself into this...now happy, once crashing down, you don't want to jump down from your apartment also hard, beside this, what can you do to pay back?? rob? con? murder?....
blackapple
07-05-12, 12:45
Speculate a scenario.....
Minister knows what we don't know......
Maybe economy confirm tank in the next 3 years big time..... by that time no one can afford to buy car so quota or no quota doesn't matter just like GFC in Yr 2008.
This will be a nightmare scenario..... markets are dropping as we type. :scared-1:
On the domestic front, Hollande has said he will move quickly to implement his traditionally Socialist tax-and-spend programme, which includes boosting taxes on the rich, increased state spending and hiring 60,000 teachers.
The new France pm is going to tax and spend. It is going to be like another form of QE from Europe. This is good for the economy. The rich is going to pay more or run away to low tax countries.
Like it or not, it is going to happen in US, Japan and Euro. Japan already start their QE. Obama and Romney are the more the same than difference. So it is print $$$$$ to prosperity.
regency321
07-05-12, 13:07
we will be much worse than them as we have nothing to rely on...
we don't have japanese discipline, we have rojak race & not united, no patriotism, no japan team work, no japanese gracious & manners....
we don't have Germany skill, technology, global brands of car & company, german attitute, geramn brains....
we dont; have US gut, natural resources, space, innovation, creativity.......
we have all the nonsense & rubbish foreign workers with 99% of them no need to pay income tax of low pay & class of human rubbish.....we do not have natural resources to rely on in crisis, we have all the breakdown system of MRT, COE, property....all the bubble to burst on the way.....
nobody will care of this small dot & small economy when in crisis, nobody will take their currency, with or without in the world, no difference.....just an opportunist country.....abandon it....
We do have stable govt, business-friendly environment and regulations, trained and skilled workforce, no riots, good infrastructure etc. but then again all these can be replicated, although not in the short term.
phantom_opera
07-05-12, 14:19
CENTRO RESIDENCES ANG MO KIO AVENUE 8 Condominium 1 1,651,382 1,001sqft Strata 1,650psf Apr-12
FEO, started selling Centro at 1.2kpsf 2y back, now has the last laugh
CENTRO RESIDENCES ANG MO KIO AVE 8 Eunos Link Technology Park Ltd Non-Landed OCR 329 318 280 38 0 6 1,582 1,483 1,664psf
Left 38 units at end of March
Why FEO thinks so differently from Mr Basic :p
phantom_opera
07-05-12, 14:24
Hotel room rates hit four-year high
and again if hotel industry thinks like Mr B ... they will not reap the success today
Risk assets weaken after French, Greek elections
May 6th, 2012
sure...after last week election...risk escalate too very high...anytime market will collapse if all countries in PIIGS refuse to follow rules now....
then all loan out to them in last 8-9 months few Euro trillion all evaportaed...who is going to pay for it? IMF? Germany? ECB or.....all will be bankrupted eventually...
don't forget if banks run, not only bank gone case, you have experienced in 2008, AIG, all big insurance companies also go ho lan...that means all your saving is gone plus all your insurance also gone....small case, GM, GE & all the big giants also gone...so your jobs also gone....
this comig one is 100x bigger than lehman yet bo more money printing...with the previous one with printing, collapse much bigger you think all the new govt will print again??....instead they will hike rate & collect all back...hike rtae how to pay interest on all debt?? that is what they new govt needs to do....these are real hero compared to the last bunches of human rubbish only know printing $$.....
so spore property how?? no jobs, hike rate, foreigners all run roads & abandon their property here like dubai, already negative asset, who care, just run back home, no need to pay debt....local how? bank how? local pay for foreigners debt lo since you can't run....now you serve NS to protect them, crisis comes you pay for their debt.....our govt treats foreigners very nice one....
property agent fool still advertise for the sellers at high price…wasting money, no way to sell….low price & >10% below valuation already can’t sell, why waste money to asvertise to sell high?? busienss really that bad, try so had can't sell, wasting time still need to waste money to put up advertisement yet can't sell....only fools do that....Europe crisis is right in front, don't waste time.....either ask them to sell low low to cut or let them sell themselves, forget it.....property is #1 eisk asset, alreday nobody want now, still the most ILLIQUID......who will buy?? stop buying too, let them figure out themselves when recession comes....
In this manipulated market, the reckless have nothing to lose, while the prudent cannot possibly assess the real risk or price of assets and debt. The grand irony is that in attempting to “save” the housing market by suppressing mortgage rates and the market’s discovery of the price of homes, debt, and risk, the Fed has systemically crippled the housing market
Making 9 Million Jobless “Vanish”: How The Government Manipulates Unemployment Statistics
HONG KONG PROPERTY BUBBLE MANIPULATORS ARRESTED
I am showing above how property market can be manipulated by who...all knows....from manipulating data, easy money, floodgate, supply, media & many more....
no choice has to against govt directly now, has to get govt down & out, they cannot exist anymore, this evil....they are in the dark & we are in the bright, whatever we post here, they can read & react accordingly, but not the other way round.....to protect their vote, they don;t go against you, at least they can don't do anything....
whatever, must get out PAP govt in 2016, already no other choice to choose...this rubbish evil...
yes, those who need protection from govt that property will not come down, govt is no your side is for sure....I have no problem to fight them now directly....they will not win as this is global crisis now will swallow them like a small shrimp, they can be king in this rubbish dot today but they cannot & dare not fight the tidal wave of global economy collapse....global crisis is sure to come, is sure to happen this yr...govt can take this as excuse for not implementing CM or build more BTO or stop supply & bring in another 5 mil foreigners....who care, let them backfire themselves if they do the wrong thing, will be punished till many has to go to jail eventually or execution.....
developers or sellers can anyhow shout what price they want to sell...they can do internal or insider trade that sold out or sold at super high price....but basically, not affordable & not many fools around to be affordable...bank can loan easy money to fool to leverage 100x at super low rate....go ahead, bank wil be bailout during property crash, we will want all of them to be execute if there is criminal act on abuse power to raid taxpayers' money....
all the COE, inflation in spore is the result of wealth effect from property, no doubt about it, the one behind is definitely govt.....stop saying you do not know the cause if you are so stupid or not sincere or try to hide....how to trust these rubbish.....
same to ah cow....gone case....all history will record the shame of govt....all the 50 yrs has been down to drain due to last few yrs....hard truth will be out eventually.......
of course, all bubble will be burst....many will be bankrupt, some banks has to bankrupt too, we see it clearly from USA from 2006-8.....spore will go the same way now, unavoidable, we will see it in 2012-2104 for spore....property crashing down...2016 is the out of PAP.....this is global issue, they can blame it, but peple will no longer believe & trust them anymore with what they have done in last 2-3 yrs.....sit on it, blame on others, so easy to take S$mil salary......
blackapple
07-05-12, 14:50
We do have stable govt, business-friendly environment and regulations, trained and skilled workforce, no riots, good infrastructure etc. but then again all these can be replicated, although not in the short term.
That can be duplicated and have been duplicated. But none is successful. Reason ??
Singaporeans are mostly draft !!! sorry obedient i mean.
we will be much worse than them as we have nothing to rely on...
we don't have japanese discipline, we have rojak race & not united, no patriotism, no japan team work, no japanese gracious & manners....
we don't have Germany skill, technology, global brands of car & company, german attitute, geramn brains....
we dont; have US gut, natural resources, space, innovation, creativity.......
we have all the nonsense & rubbish foreign workers with 99% of them no need to pay income tax of low pay & class of human rubbish.....we do not have natural resources to rely on in crisis, we have all the breakdown system of MRT, COE, property....all the bubble to burst on the way.....
nobody will care of this small dot & small economy when in crisis, nobody will take their currency, with or without in the world, no difference.....just an opportunist country.....abandon it....
What is likely to happen is singapore will continue to attract foreign capital inflow as we are considered a safe haven. Inflation will creep up prompting MAS to increase SGD dollar rate. This tsunami of foreign capital inflow will ensure interest rate to keep low for a long time as we are not interested to pay high interest anyway.
STI down almost 70 pts...quite shiok.....small case & no big deal, real nice one yet to come....
as I said, next 1-3 months is only preview & 1% of what you are going to see in next 1-3 yrs....eg. if STI down 20-30% in next 1-3 months, then 100% is what??....
STI below 1000 before 2015 is really nothing, you will know after this coming action....once Europe banks run, game over for global economy....
phantom_opera
07-05-12, 14:54
Since Mr B you are predicting outright deflation ... wouldn't it make sense to buy bonds? Can you recommend us what to buy?
Since Mr B you are predicting outright deflation ... wouldn't it make sense to buy bonds? Can you recommend us what to buy?
sorry, no to morons....as they will stab me from behind....I have nothing to lose to keep it to myself & to all my friends.....
I have said it from beginning....I don't need anything from anyone here...of course I got all the personal attack, mocking from morons here....any value??......I become stronger & better, that is all.....;)
Astronotus oscellatus
07-05-12, 15:29
sorry, no to morons....as they will stab me from behind....I have nothing to lose to keep it to myself & to all my friends.....
I have said it from beginning....I don't need anything from anyone here...of course I got all the personal attack, mocking from morons here....any value??......I become stronger & better, that is all.....;)
Panic setting in?
Panic buying of OCR new launches, I mean.
I was near Seahill showroom over the public holiday weekend, cars of potential buyers parked illegally on the road side, closing down one whole lane both directions outside Blue Horizon.
I was amazed at the crowds reporting in to look at Seahill...
Hedge Funds Betting Against the Eurozone: Why You Should Worry
May 6th, 2012
sure...all the hedge funds are ready to short big big in Euro$, all the srock index, future & stock market.....
such a great opportunity of life time.....all the empty shell, huge bubble, so much meats.....just whack hard to crash it....
S&P,moody still not yet show hands yet.....wait for it to work together....
also wait for Italy final election in 2 wks time......change govt again.....Eurpe banks will be short till suspended....
same to STI, HSI & Dow all will follow accordingly as all are linked together.....
If STI down 20-30% in next 1-3 months, do you think developers & govt & URA will shout like crazy, all sold out, sell like hot cake...snap up everything kind of rubbish....instead property agents will be super busy to call up to offer low ow price quietly....dump & run....it's only the preview, come 2013, 14 & 15......most people lost their jobs, rate at super high, globally protectionism, no trade, super high taxes, barter trade....who still bother with property price?? no food, who still care about property got tenants or not.....that is why property can go super low also no takers.....
but ah cow, do your jobs, 10k BTO this month......20 plots of lands for next 2 months, >400 units/plot.......to catch up with last few yrs shortages.....
The Euro End’s On 6th Of May 2012
May 6th, 2012
The Banks’ Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition
May 6th, 2012
as I said, yesterday is just the beginning of the end.....for Euro, EU & Europe....
all Europe banks will be shorted down....get ready for PIIGS to default & banks bankrupt....print more die uglier....
today is still a celebraiton day for the market after winning election, tomorrow is the start of the real thing....
let hope more weak holders & fools buy more porperty now, then it can crash harder, then banks can bankrupt faster....
we need more fools, they think if bank bankrupt, they no need to pay back....hahaaaa...let see who bankrupt 1st...
developers must be panic now...perform all kind of tricks now to lure fools, naive & newbies to buy....get them to sign, whether can afford, not important, as long aa they sign, money come in now....future is future problems....everyone is so short sighted now, from govt, company, individual....bankrupt & desperate behaviour....
old senile best quote...go for right thing to do instead of popular policy...look at what are doing today....all popular polisies...slap his own face...real shameful....even no cooling measures is doing popular policy....
buy more borrow more, then can crash harder....exactly like print more crash harder.....
U.K. Unemployment Will Rise Until 2016 on Fiscal Cuts: CEBR
May 6th, 2012
No End In Sight To Global Job Crisis: UN
May 5th, 2012
so unemployment will keep rising till 2016...another 4 more yrs of losing jobs from here....not only UK is globally....
so if you are retrenched next yr.....very likely, you will not find a job in nnext 3-4 yrs or even longer.....so how many with S$mil of mortgage loan can without jobs for 3-4 yrs?? if only 1-2%, then htose 98-99%, prepared for bankrupt or jump track....no mercy, no bailout, no help, you deserve it.....
so is globally....even china will lose jobs as western world will want their manufacturing back soon.....buy own country products....no choice, time is so bad, can only take care of ourselves.....even food is not for export unless excess.....money is not important, stay survive & stay alive 1st....
so what food spore has?? many will not interested in $$, food will be very expensive although ynder deflation....no food, you want property for what?? ....so if you count property in term of tonnes of rice in spore....property down 90% is really nothing by 2015....look like a tsunami or earthquake is coming, let see next few weeks news.....
Jim Rogers – Markets Rely On Fundamentals Not Short Term News
May 6th, 2012
this is jim roger very nice way of saying......forget about all the magic data, fraud & fake news...just ignore & stay away....
all the cooked data is to lure fools.....tll no more greater fools....then crash down all the way....music already stop....youcan cheong in, nobody care as long as you foot your bill or declare bankrupt or killed yourself....
fundamental?? basically, there is no fundamental for all country, company & individual now....debt is too huge, oyu have $100mil asset, you may have another $200mil of debt, so wait for bubble burst, wait for banks to come after you or wait for bank runs, then we know how much one has.....
same to spore property.....whatever on paper is not real...you can't sell now as there is no buyer...yoou cannot based on valuation or last transacted price as many sold at >10% below valuaiton or list to sell >10% below valuaiton yet still can't sell...you can hoope & wish, but that is not real.....so how to value your property in future price.....continue to hope & hold tight tight......look at global crisis today....let time unfold....
I know many morons will think this way....great..take in opportunists....tomorrow change govt again, they will run like dog, end up worse as the poisoned our society & dirty the mess....anyway, can't you read, already no jobs for sporean in 9-18 months, millions of foreigners has to get out...still come in?? no money can sutvive in spore & HK??.......hope & dream can.....
instead time for them to press spore to hike tax as spore is in their list of money laundry & tax invasion country...spore will be in spot light by then...secret society or spies everywhere in spore to track all these human rubbish....
great, let get in more rubbish to rubbish spore today.....
hahaaaa...this forever real moron.....
BBBBBased on what you just said, looks like our government need not exile you to Tibet! You should be applying citizenship of another country real soon so that you are not surrounded by morons!
Property owners BEWARE! Basically your condo price will crash 50% by 2015 as predicted by Ah B! Wouldnt it be great to sell it off now at 18% discount to kind hearted forumers here willing to undertake the risk, and then you buy back at 50% discount in 2015/6 ?!
What are you still waiting for ?! Quick! Post the details of the properties u are trying to offload and our friendly investors will get in touch with you real soon!
Who knows you might only need to take a 17% discount only !
DKSG
same to spore property.....whatever on paper is not real...you can't sell now as there is no buyer...yoou cannot based on valuation or last transacted price as many sold at >10% below valuaiton or list to sell >10% below valuaiton yet still can't sell...you can hoope & wish, but that is not real.....so how to value your property in future price.....continue to hope & hold tight tight......look at global crisis today....let time unfold....
As you have said, dont take RUBBISH! But then if rubbish dont talk rubbish, it is quite weird! Anyway, BBBBesides the point.
How come your figure now becomes 10% discount only ?
Did forumers just bidded down the discounts ?!
List a property that is 10% below last done and we will how fast that gets snapped up !
Talk air here is no use! Show something concrete !
I request for people to take 20% discount as you mentioned no one take up the deal! Now you say 10% ?! Ok ok ... u r the BBBBest! 10% then.
Anyone with 10% below valuation properties to sell, please post here !
You even saved on agents fees !! That makes it just 9% ! hahaha!
DKSG
Taxmageddon: Massive Tax Hikes on the Horizon
May 6th, 2012
John Mauldin: The longer-term picture of labor force withdrawal is kind of shocking
May 6th, 2012
yes...these 2 will be 2 of the main theme in global economy in next 1-3 yrs including spore....
let see hollande applies his 75% to the rich....spread to the world....US tax rebate is going to over soon...additional taxes of US$trillion is going to start later this yr...all bankrupt hike taxes to sky high to pay back debt is definitely right path...more to come including psore taxes on property, income & many to come...
global unemployment rate will continue to surges from here....western world mostly in 20+% now...asia will going to same direction...huge retrenchment will be seen in spore in next 9-18 months....millions of foreigners habve to get lost or PAP will lose their lecetion in 2016.....
with high taxes, high interest rate coming, millions of foreigners leaving due to no jobs like dubai in 2010.....property will crash>50% easily....this is only 2 small factors...the bigger one is bank runs,carry trade unwinding of all printed $$...with these 2 major one in, still >50% or >80%??.....your guess is as good as mine....
Europe is gone case....it will pull down the world soon.....run road now or later, the picture is very clear now, govt better come out cooling measures fast enough to rescue more naive & newbies to sink into this bubble & get their family burst into charcoal later....time is running out, wait for 1 more month, scenario is totally different by then......hahaaaa...swee!!!!.....
Deutsche Bank explains why the outcome in Greece is, in his words, “a significant market-negative surprise.”
May 6th, 2012
Greece bochap liao....later all PIIGS also hack care liao.....of bank payment, their debt...all stop paying & let it default....all european banks bankrupt.....why care about all these robbers, print $$ & put it in their own pocket & enjoy life, kill all of them instead globally....
the world order & system will be break eventualy...that is the end of world economy & collapse....print too much but all corruption & cronyism.....bernanke caused the world to breakdown....stop printing all these nonsense.....
once europe banks bankrupt.....US banks will be down....spore banks?? you think very strong, how about the S$135Bil of residential mortgage loan at 1%?? bubble collapse, banks will squeeze all to pay back immediately when global banks run & all hot money pull out, from local banks....who will trust who by then, liquisity dry up, lortgage rate will shoot to sky, property collapse 50% is rally nothing before 2015, can be 2014. 2013....will not disclose here, let time to unfold......
when banks run you think factory still can run, if spore property collapse you think we still need foreign workers......all retrench, how many millions of foreigners has to get out?? ALL.....no jobs, no trade,no demand, no security, no trust.....now is just the beginning, preview of 1% what is coming in next 1-3 yrs.....
those still hold tight tight to oyur property good luck 7 look at reservoir.....those smart one already out, those clever one will just cut 20-30% below valuation & last transacted price & run fast....developers will cur deep deep quietly & run road....
phantom_opera
07-05-12, 18:06
"Desperado"
Desperado, why don't you come to your senses?
You been out ridin' fences for so long now
Oh, you're a hard one
I know that you got your reasons
These things that are pleasin' you
Can hurt you somehow
Don't you draw the queen of diamonds, boy
She'll beat you if she's able
You know the queen of hearts is always your best bet
Now it seems to me, some fine things
Have been laid upon your table
But you only want the ones that you can't get
Desperado, oh, you ain't gettin' no younger
Your pain and your hunger, they're drivin' you home
And freedom, oh freedom well, that's just some people talkin'
Your prison is walking through this world all alone
Don't your feet get cold in the winter time?
The sky won't snow and the sun won't shine
It's hard to tell the night time from the day
You're losin' all your highs and lows
Ain't it funny how the feeling goes away?
Desperado, why don't you come to your senses?
Come down from your fences, open the gate
It may be rainin', but there's a rainbow above you
You better let somebody love you, before it's too late
"
haha....moron, still got shame to ask for information this afternoon.....human can be that shameless, I am speechless.....get money from you, then stab on you.....worse than act of robber.......;)
Ron Paul Could Still Win Enough Delegates To Deny Mitt Romney The Republican Nomination
May 6th, 2012
Romney and his son Tagg have been implicated in a 8.5 billion dollar ponzi scheme with Wall Street investors Allen Stanford and James M. Davis.
May 5th, 2012
“Hollande’s bet was that rejection of Nicolas Sarkozy was enough to get him elected,” – Obama, take note. You’re next.
May 6th, 2012
France election has over...change govt....next big one will be Italy, 2 weeks from now...
of course the most important one is Nov...US...Ron Paul is still in the race although main stream media not reported.....this is the real ace....if Ron selected, end of world priting, FED close down, bernanke fired, rate hike to double digits & all the things only real hero will do with guts....
2012 is change govt yr....all the election will end up in changaing govt....that shows people is how unhappy with their govt today globally....same to spore....many want to kick PAP out too....
whatever without fundamental, bubble, printed $$....all will be burst with change of govt because they are not supposed to be there, these are why govt changed....today STI down 66, just the beginning, amny penny already down >50% in last few weeks...Capitaland/kepland down 5% each today, that show that developers is going crash big way in coming 6 months, huge bubble waiting to be burst.....Capitaland will be below $0.8 before 2015, property price price will down>50% before 2015......music already stop, down down & down with faster speed later.....see yourself....
Attention everyone,
The Lovely Angel B has spoken, listen carefully
To ALL
There is no more hope.
Europe is doom.
China property already down
US printing is ponzi
Bernanke is rubbish
Banks bankrupt
Moron, Execute, Hang
No mercy
Potential Buyers:
Stop buying
Developer sales are fraud
Left hand to right hand
Everything is a SCAM
Wait patiently
50% down before 2015
Bank force sell very soon
Auction cheap cheap
Those bought:
These are FOOLS
Still hold tight tight
Better Sell now
Or Bubble burst
No more jobs, Foreigners all gone
Nobody rent
Be responsible, Go bankrupt
Or jump, Or dive
Just do it
What is the Angel B doing?
Sold everything
Not renting
Camping at Changi Beach
Endure
Cut and Paste everyday
Curse everyday
Waiting Patiently. Rain or Shine
After the storm, Sun will shine, Rainbow will show
It’s party time
Hopefully
But What if?
SG still made it
Interest rate is low
Property no crash
Price stabilized
SG SAFE HAVEN
Foreigners continue to come
People still rent
Who is right?
We shall see….
Angel B continue camping trip at Changi Beach
The Euro End’s On 6th Of May 2012
May 6th, 2012
The Banks’ Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition
May 6th, 2012
as I said, yesterday is just the beginning of the end.....for Euro, EU & Europe....
all Europe banks will be shorted down....get ready for PIIGS to default & banks bankrupt....print more die uglier....
today is still a celebraiton day for the market after winning election, tomorrow is the start of the real thing....
let hope more weak holders & fools buy more porperty now, then it can crash harder, then banks can bankrupt faster....
we need more fools, they think if bank bankrupt, they no need to pay back....hahaaaa...let see who bankrupt 1st...
developers must be panic now...perform all kind of tricks now to lure fools, naive & newbies to buy....get them to sign, whether can afford, not important, as long aa they sign, money come in now....future is future problems....everyone is so short sighted now, from govt, company, individual....bankrupt & desperate behaviour....
old senile best quote...go for right thing to do instead of popular policy...look at what are doing today....all popular polisies...slap his own face...real shameful....even no cooling measures is doing popular policy....
buy more borrow more, then can crash harder....exactly like print more crash harder.....
U.K. Unemployment Will Rise Until 2016 on Fiscal Cuts: CEBR
May 6th, 2012
No End In Sight To Global Job Crisis: UN
May 5th, 2012
so unemployment will keep rising till 2016...another 4 more yrs of losing jobs from here....not only UK is globally....
so if you are retrenched next yr.....very likely, you will not find a job in nnext 3-4 yrs or even longer.....so how many with S$mil of mortgage loan can without jobs for 3-4 yrs?? if only 1-2%, then htose 98-99%, prepared for bankrupt or jump track....no mercy, no bailout, no help, you deserve it.....
so is globally....even china will lose jobs as western world will want their manufacturing back soon.....buy own country products....no choice, time is so bad, can only take care of ourselves.....even food is not for export unless excess.....money is not important, stay survive & stay alive 1st....
so what food spore has?? many will not interested in $$, food will be very expensive although ynder deflation....no food, you want property for what?? ....so if you count property in term of tonnes of rice in spore....property down 90% is really nothing by 2015....look like a tsunami or earthquake is coming, let see next few weeks news.....
Attention everyone,
The Lovely Angel B has spoken, listen carefully
To ALL
There is no more hope.
Europe is doom.
China property already down
US printing is ponzi
Bernanke is rubbish
Banks bankrupt
Moron, Execute, Hang
No mercy
Potential Buyers:
Stop buying
Developer sales are fraud
Left hand to right hand
Everything is a SCAM
Wait patiently
50% down before 2015
Bank force sell very soon
Auction cheap cheap
Those bought:
These are FOOLS
Still hold tight tight
Better Sell now
Or Bubble burst
No more jobs, Foreigners all gone
Nobody rent
Be responsible, Go bankrupt
Or jump, Or dive
Just do it
What is the Angel B doing?
Sold everything
Not renting
Camping at Changi Beach
Endure
Cut and Paste everyday
Curse everyday
Waiting Patiently. Rain or Shine
After the storm, Sun will shine, Rainbow will show
It’s party time
Hopefully
But What if?
SG still made it
Interest rate is low
Property no crash
Price stabilized
SG SAFE HAVEN
Foreigners continue to come
People still rent
Who is right?
We shall see….
Angel B continue camping trip at Changi Beach
And if you subscribe to Ah B's idea, then u better sell your properties NOW NOW NOW! Dont wait anymore, it may go down 50% by 2015!
There are many angelic investors here reaching to help you buy over your properties at 18% off its valuation or last done! 18% where else can you get such offers when property prices is going down 50% by 2015 !
Sell NOW ! Before its too late!
DKSG
NParks advises caution to public during stormy weather
13 Trees at the Beach and 100 more in wooded area uprooted....luckily no news of anyone getting hurt......
New Democracy Unable To Form Government, Anti-Bailout Parties Now Get Opportunity To Eject Greece From Euro
May 7th, 2012
France and Greece are just the beginning Europe is entering a downward spiral – Telegraph Blogs
May 7th, 2012
WSJ: Greek Parties to Start Coalition Talks, but Fresh Elections Loom
May 7th, 2012
so yesterday party over after France & Greece election.....today real & serious thing start....
Greece cannot form new govt....re-election likely....chance of anti-austerity & out of Euro zone still alive...
Greece is small still can pull down Euro easily....
France new president...willl start to show his colour agaubst US & Germany soon....may smile initially, chance of conflict is much higher....
Italy in 2 weeks time, this is a more dramatic one....will not be a nice one....I said many time, Italy is the one to cause global economy collapse....
globally change govt is the theme of 2012, this will totally reversed what have been done in last few yrs...let party for a short while before instability, clash, fight...kick in & thew orld in great chaos....still have new leaders from world top 2 country, China & US...comingon the way...Ron Paul, chance is smallest now, but impact will be the greatest, this one has to wait till Jul.....
so spore property basically no buyers now...tons of panic sellers & developers....no more foreigners buyers, how many local can afford with median income at $1950?? how many is earning >$15k/m? & how many making >$15k/m want to buy a S$2mil property?? with $15k/m, expenses per month will be at least $8k-10k/m, how much disposable income to invest or speculate??......so last few months only developers trade among themselves to chunk out # & price....let see can last how many more months before they play out each others....music already stops....risk is super high with changing political landscape out there...anytime if they overleveraged, they will be bankrupt immediately once 1 crazy politician shouted nonsense & caused Dow to crash 30% overnight like Oct/1987......bernanke may be fired on the spot or assasinated or accident or.....hot summer is coming early this yr....Beijing temp hit 35 deg 2 days ago in spring.....just do it....spore porperty market will crash hard once global turmoil hit anytime.....no more buyer now, sudden event, all sellers will rush to exit together....with deep price cutting especially from developers........
so spore property basically no buyers now...tons of panic sellers & developers....no more foreigners buyers, how many local can afford with median income at $1950?? how many is earning >$15k/m? & how many making >$15k/m want to buy a S$2mil property?? with $15k/m, expenses per month will be at least $8k-10k/m, how much disposable income to invest or speculate??......so last few months only developers trade among themselves to chunk out # & price....let see can last how many more months before they play out each others....music already stops....risk is super high with changing political landscape out there...anytime if they overleveraged, they will be bankrupt immediately once 1 crazy politician shouted nonsense & caused Dow to crash 30% overnight like Oct/1987......bernanke may be fired on the spot or assasinated or accident or.....hot summer is coming early this yr....Beijing temp hit 35 deg 2 days ago in spring.....just do it....spore porperty market will crash hard once global turmoil hit anytime.....no more buyer now, sudden event, all sellers will rush to exit together.....
There are TOTALLY no signs of panic developers. Which one are you talking about ? CDL ? CapLand ?
We have been making offers here to help your supporters to exit the market at an attractive 18% below valuation. So far, got nothing.
Developers sales are holding steady in the past few weeks.
There are MANY people out there earning more than $15K a month! You wont believe it! Thats the problem with people who just type type type in front of computer and refuse to go to the showflats and take a look listen to people.
Sky Habitat, you know how many of those are household income more than $15K ? Just because they are not here to rebutt you, you can talk rubbish ?
In the past few years, we have been attracting ALOT ALOT of people with income more than $15K pm and are very willing to settle down in Singapore. Singapore being one of the most sought after destinations in the world to work, play and live in.
Another call to Ah B's supporters - SELL NOW! Before it all come crashing down, your angelic investors are all here to help you out! You can camp together with Ah B at Changi Beach (contact PN for actual address).
At 18% discount on valuation is better than later 50% crash! You can sell now at 18% discount that buy back in 2015 when it crash 50%!
DKSG
PS : We see how many people here subscribe to Ah B's view. Haahaa!
Many people hope that what Ah B says is correct so that they can buy, but but but, deep inside, we all know its nonsense. This is the same group of people who says in 2008 when Lehman collapsed that Singapore market will crash big time 30-40%. Did it happen ?
hahaaa...theese moronic pest....start personal forever....
most panic & desperate moron.....let him shout nonsense...wasting his time...
try to con naive, newbies & fools.....
try to unload their baby....later force sell at bottom, sell his baby cheaper than a dog.....
real moronic dog....hahaaaaa......;)
phantom_opera
08-05-12, 09:44
Dow is resilient in face of bad news from Europe... positive sign
I think the market thinks abandoning austerity measures in Greece/France is not that bad
10y US treasury at rock bottom of 1.88% .. really hopeless for interest rate to move up till 2014
Meanwhile MR B will enjoy his cash losing purchasing power, minute by minute, hours by hours, days by days
If you put one million in the bank, how much you lose? Assuming inflation rate is 7% (don't trust the 5.2% headline), banks pay 1% for your 1 million FD
You lose 6% a year, that is 60,000 for 12 months, $5k per month, $166 per day :scared-3: If Ah B already put 3y FD, total loss already $180k
That explains why he is so desperate for a crash ... but he could just follow the Katong Regency crowd (Is he wiser than KG crowd, time will tell??)
Dow is resilient in face of bad news from Europe... positive sign
I think the market thinks abandoning austerity measures in Greece/France is not that bad
10y US treasury at rock bottom of 1.88% .. really hopeless for interest rate to move up till 2014
Meanwhile MR B will enjoy his cash losing purchasing power, minute by minute, hours by hours, days by days
If you put one million in the bank, how much you lose? Assuming inflation rate is 7% (don't trust the 5.2% headline), banks pay 1% for your 1 million FD
You lose 6% a year, that is 60,000 for 12 months, $5k per month, $166 per day :scared-3: If Ah B already put 3y FD, total loss already $180k
This is bad. Very bad.
Ah B
Faced it
Be brave
Be responsible
Act fast
Move swiftly
Time is money
You wait for the boat
Boat don't wait for you
See one you like, grab it fast
Need recommendation, bros here can help
BBC report on Greek government in disarray as coalition collapses, as Merkel insists Greek people must suffer austerity:
May 7th, 2012
Europe show just started, all try to be funny now....merkel, whos is she toorder other country....
it's all in a mess...the more messy the better.....then all will go to 1 extreme & explode...once all don;t want to listen to 1 another...die? die lah, that is it...the day is coming, developing now, wait for Italy election...result is the same...govt out...
let inflation burns Germany, that is the best.....without France support, she has no power, she is not leader type, no charismatic, no wisdom, no relationship.....Euro collapse is just a matter of time...this yr is the yr to short euro to rubbish, can make some good money here....
Greece is small but can start the fire....small fire grow to burn the whole Europe, all will follow the foot step to riot & let the pressyre cooker explode...
spore porperty better be very worry, once europe explode, US will be gone too, Asia lagi gone case....then crash will be hard, fast & furious....1997 crisis, many rich man commit suicide in Thailand, Indonesia, HK...tons of bankruptcy in HK & Spore...spore tons of family breakdown....this coming one easily 10x higher....as the people involve & the amount involve is much bigger now....no bailout, no mercy, they deserve it, rule of the game & to be fair to everyone.....of course they can cut lost & run now, but they choose to be greedy, that is why let them die if they need to, they decide to do so, nobody force them......of course govt is responsible for all the tragedy due to their bad policy, they sit on the problem....that does not mean they can abuse powerv to use taxpayers' money to rescue, let them be responsible to their own act......if they make tons of money, we ish them well, if they need to commit suicide, we wish them walk nicely to hell.....
Dow is resilient in face of bad news from Europe... positive sign
I think the market thinks abandoning austerity measures in Greece/France is not that bad
10y US treasury at rock bottom of 1.88% .. really hopeless for interest rate to move up till 2014
Meanwhile MR B will enjoy his cash losing purchasing power, minute by minute, hours by hours, days by days
If you put one million in the bank, how much you lose? Assuming inflation rate is 7% (don't trust the 5.2% headline), banks pay 1% for your 1 million FD
You lose 6% a year, that is 60,000 for 12 months, $5k per month, $166 per day :scared-3: If Ah B already put 3y FD, total loss already $180k
That explains why he is so desperate for a crash ... but he could just follow the Katong Regency crowd (Is he wiser than KG crowd, time will tell??)
real stupid moron liar.....
youn know how much I make yesterday shorting Euro in last 1 week??.....
this yr is the yr to short euro to rubbish, time to short big Dow & STI big way is coming very soon....I already gave hint clearly, before August...can be May, Jun or Jul.....
happy to hear that you do not believe in all magic data...5.2%?? pure rubbish....you can do your math, I do mine...Cosco back ro bwlow $1 soon....capland down 5% yesterday...tons more...those who invest in stock & property in last 1-2 yrs, likely in red now, worse than FD.....of course FD as bad, but nothing for moron here.....CCR property is really crying till no tears now....go & cut deep price & get a good bargain, many stuck & can't get out, go & help them, hahaaaa......
why worry?? property to down >50% before 2015, STI below 1000 before 2015.....zhai lah...everyday count how much you have, no need to bother lah....moving target....let it be as long as you have the skill & right view....all will just run according to plan.....
This is bad. Very bad.
Ah B
Faced it
Be brave
Be responsible
Act fast
Move swiftly
Time is money
You wait for the boat
Boat don't wait for you
See one you like, grab it fast
Need recommendation, bros here can help
;) :p a few of my colleagues are like that after miss the boat.. day in day out KPKB..
;) :p a few of my colleagues are like that after miss the boat.. day in day out KPKB..
you have so many moron friend, no wonder you are moron too....
you have so many moron friend, no wonder you are moron too....
Don't call us Morons
We are not Morons
Please call us Brothers
Internet Forum Brothers
Tell us your problems
Tell us your situation
Brothers here have time
Brothers here are helpful
Brothers here want to help
Brothers' consultations are FOC
Have confident in Brothers
We are the Gang of Brothers
The CONDOsingapore Forum Brothers
Gerald Celente says Europe and America are about to suffer the consequences of debt bombs and economic collapse:
May 7th, 2012
this is sure true....about there...music already stop, this collapse is going to last very very long >10 yrs, >20 yrs?? or even longer....
all these debt is not sustainable, cannot pay back, ponzi scheme....nobody trust Euro & US$ anymore....
will you loan money to someone can't pay you back?? will you do business with someone not going to pay you?.....
time has come.....
those has no patient, go ahead & buy stock & property, the market hope the most is these fools, the weaker they are, the more they need to borrow the better.....because these are the easieat to wipe out in time to come.....easy lah, enjoy the life, go for holiday, do what you like to do, wait for the whole 1000 drama serial to show live in front of you soon.....let those need to commit suicide or bankrupt, let them be, they choose to.....no worry, no fear....let those desperate & going to bankrupt, rush in & out now as it's critical time now,either they make it or down they go....gobal situation is really no joke now.....
Don't call us Morons
We are not Morons
Please call us Brothers
Internet Forum Brothers
Tell us your problems
Tell us your situation
Brothers here have time
Brothers here are helpful
Brothers here want to help
Brothers' consultations are FOC
Have confident in Brothers
We are the Gang of Brothers
The Internet Forum Brothers
you are moronic dog.....;)
you are moronic dog.....;)
Why call me DOG?
A ..... Moronic Dog
Brothers feeling are hurt
Brothers feeling very sad
But we still want to help
We need to do something
Before it's too late
Look through your Moron List (Sorry should be Brother List)
Reach out to us now
Your problems will be solved
Our hotline is http://forums.condosingapore.com/Basically_Hotline (http://forums.condosingapore.com/Property)
phantom_opera
08-05-12, 11:05
My wife just told me SGD purchasing power is halved since 2000 ... :doh:
Bank Of Japan Goes Full Tilt, Buys Record Amount Of ETFs And REITs In Open Market To Prevent Market Collapse
May 7th, 2012
look at Japan, real desperate....not only currency going to collapse, stock market also collapsing.....
asia country including spore, currency generally follow japan.....everything dont look good now....
nikkei going to break 9000 soon....the way they buy, eventually all company & commercial property of japan nationalised......will spore be the same 1 day?.....
everywhere in the world is bankrupt from Europe to US to Japan to most asian country today.....bankrupt is bankrupt, whether people press button or not...now all the bankrupt try to protect themselves, but with changing govts, with conflict deepen, they will push it other out....the day has come....
ah cow fail to launch cooling measures...big failure on him....reflect on bad govern too....the more they don't launch, that means the siruation is getting real bad, no sale, cannot unload, very worry situation, that is all...that is why property stock keep dropping....short them down big way, govt, temasek, GIC can buy up & collect all & nationalised all developers lah...these rubbish, let them have it...as I said kepland & crabland will be below $0.8 before 2015....let them have it, this rubbish govt......
My wife just told me SGD purchasing power is halved since 2000 ... :doh:
that was very nice....
tharman said salary from 2001 ro 2011, 10 yrs...only up 11%....but your wife said inflation up 100%.....
many people die pain pain.....what is the quality of life of sporean in last 10 yrs?? no disposable income?? or with tons of debt?? many graduate pay back study loan till face green green.....debt must be super high in spore today.....all live using future money.....all become 7th month money soon.....
nice.....
Rich ones are alright.
that was very nice....
tharman said salary from 2001 ro 2011, 10 yrs...only up 11%....but your wife said inflation up 100%.....
many people die pain pain.....what is the quality of life of sporean in last 10 yrs?? no disposable income?? or with tons of debt?? many graduate pay back study loan till face green green.....debt must be super high in spore today.....all live using future money.....all become 7th month money soon.....
nice.....
phantom_opera
08-05-12, 11:19
if that is true i.e. purchasing power halved in 12y, we have about 6% inflation rate per year since 2000 (with the year 2003/2004/2009 having very low inflation)
if that is true i.e. purchasing power halved in 12y, we have about 6% inflation rate per year since 2000 (with the year 2003/2004/2009 having very low inflation)
that is why hyperDEFLATION is coming, 2013/4, cycle turning soon, check yourself.....;)
David Rosenberg: ‘Europe is a mess, politically, economically, and fiscally.’
May 7th, 2012
US Equities Ignoring US Sovereign Risk Warning
05/07/2012
europe in mess...no need to say everybody knows...explode just when...this yr...
US also in big mess but supported by bernanke as Dow cannot down, once down bernanke & FED are gone....so desperate act to fake an empty shell.....
economically both bankrupt...politically both changing...fiscally both commit suicide....so the end result is very bad once explode....
spore porperty is even worse than above as the bubble is much bigger than europe & US problem due to use printed $$ to drive....all the fake & fraud to show.....let the cook till chow tar, many people will have to pay for their criminal act??...
anyway, who close 2 eyes? let it be....really whatever will be will be....no way to run, just like MRT, it wants to breakdown, you can't stop it....time to down, it will crash......
phantom_opera
08-05-12, 11:49
Mr B .. if hyperinflation comes, holding cash will be total suicide :scared-2: bond also is shit ... holding commercial properties may help in situation of hyperinflation
Mr B .. if hyperinflation comes, holding cash will be total suicide :scared-2: bond also is shit ... holding commercial properties may help in situation of hyperinflation
have you seen US shopping malls, >50% ghost town now.....;)
Barry Ritholtz: David Rosenberg Says The World Will End Some Time Between Tuesday And Year-End
May 7th, 2012
world end here means global economy collapse.....anytime....
he said now till end of this yr.....I said before Aug, ie. May, Jun Jul...you will see a preview & nice show....
the stage has set up nicely everywhere across the world Europe, US, Japan & Spore....
spore property down down down....no way to run now....if we can change govt in 2016, many will be made bankrupt & jail at the same time??.....
like Japan down 90% in 20 yrs or US down 60% in 5 yrs or most European country down 50% in 2 yrs....your choice....
China property alreday down 20-30% in last 1 yr yet govt keep dumping out land for slaes, keep building another 36 millions of public houses, keep cutting loan amount to mortgage, keep hiking mortgage loan rate to 7.5-8% now,.....this is a govt for the people....unlike our rubbish....
whatever.....need to come, it will sure come....on the way to unfold nicely......wait for a bank run in Europe....be very patient, stop buying......
have you seen US shopping malls, >50% ghost town now.....;)
THIS IS TOTALLY UNTRUE
HAVE YOU EVER BEEN TO US?
T?
you have not been to US in last 2 yrs.....
this moron still reading this thread.....hahaaaa....he will sure shout I am checking you....so he checked all my posting....hahaaa....real moron, this one....;)
I am going spa & massage now.....talk to you later, moron.....;)
;) :p a few of my colleagues are like that after miss the boat.. day in day out KPKB..
So those colleagues that you mentioning.. other that KPKB.. do they desperately doing copy & paste of bad new at the same time??:D
phantom_opera
08-05-12, 12:29
I reiterate my call, when Mr B buys a PC .. that WILL BE the peak ;)
that was very nice....
tharman said salary from 2001 ro 2011, 10 yrs...only up 11%....but your wife said inflation up 100%.....
many people die pain pain.....what is the quality of life of sporean in last 10 yrs?? no disposable income?? or with tons of debt?? many graduate pay back study loan till face green green.....debt must be super high in spore today.....all live using future money.....all become 7th month money soon.....
nice.....
No wonder ppl keep saying BUY BUY BUY properties... UP UP UP 100%... can hedge inflation easily from 2001 to 2011 10 yrs.. no pain no gain..
I finall understand liao loh..:D
I reiterate my call, when Mr B buys a PC .. that WILL BE the peak ;)
But MISSED THE BOAT EXPERT MR B keep repeating 20-yrs later then he will buy..
So now ppl all happily BUY BUY BUY & showflat is so crowded.. cos everybody know that the peak will be at 20-yrs later.. long way to go lor :D
But MISSED THE BOAT EXPERT MR B keep repeating 20-yrs later then he will buy..
So now ppl all happily BUY BUY BUY & showflat is so crowded.. cos the peak will be at 20-yrs later.. long way to go lor :D
That's why the hotline is always open for Ah B
http://forums.condosingapore.com/Basically_Hotline (http://forums.condosingapore.com/Property)
When he needs help, Brothers always there for him.
realestates1
08-05-12, 12:44
welcome
really ah? any 3 bedders caspian or lakeshore or parc oasis or ivory heights or madeira or jade owner going to cut 20% and sell me
regards..
welcome
really ah? any 3 bedders caspian or lakeshore or parc oasis or ivory heights or madeira or jade owner going to cut 20% and sell me
regards..
Ahhhhh.... You came to the right thread.
Ah B has tons of them for you.
Ask him. You'll be flooded with choices. :D
I think better PM him.
He don't anyhow disclose in public forum one.
Many here asked so many times already, he still don't tell us where to get these lobang.
welcome
really ah? any 3 bedders caspian or lakeshore or parc oasis or ivory heights or madeira or jade owner going to cut 20% and sell me
regards..
You are LATE! People here already bid up the price.
Now at 18% cut, got Q waiting to buy.
If you look around you, there are MANY MANY people waiting to buy.
Many waiting for the first signs of price drops (even 5% they buy).
And there are even MANY MANY more who got locked out of the market because of the 40% deposit on second property.
Once we scale back this 40%, there will be a tidal wave of demand!
DKSG
PS : If you dont believe, just ask around in your office. Many many are one the sidelines ready to buy anytime! Office Boy like me get to talk to many colleagues and seek their opinion, so I know.
I reiterate my call, when Mr B buys a PC .. that WILL BE the peak ;)
just came back from spa & massage...shiok....
I already told all of you....the earlier I will buy is 2015.....so can book all your agent now or you yourself is a rubbish agent......sell on 1/1/2015 irregardless what price...this is the earliest date I will buy spore property......
call now.....hope you can sutvive till then....I am very sure, many morons here will be gone by then....commit suicide or heart attack....I say bye bye to you 1st if happen to miss your funeral......;) ;)
phantom_opera
08-05-12, 15:09
Mr B, if you keep delaying it, this may be your address in the future:
Government study on option of building below ground
Use of subterranean facilities to save land will be examined
#B18, Hell Street
New Democracy Unable To Form Government, Anti-Bailout Parties Now Get Opportunity To Eject Greece From Euro
May 7th, 2012
France and Greece are just the beginning Europe is entering a downward spiral – Telegraph Blogs
May 7th, 2012
WSJ: Greek Parties to Start Coalition Talks, but Fresh Elections Loom
May 7th, 2012
so yesterday party over after France & Greece election.....today real & serious thing start....
Greece cannot form new govt....re-election likely....chance of anti-austerity & out of Euro zone still alive...
Greece is small still can pull down Euro easily....
France new president...willl start to show his colour agaubst US & Germany soon....may smile initially, chance of conflict is much higher....
Italy in 2 weeks time, this is a more dramatic one....will not be a nice one....I said many time, Italy is the one to cause global economy collapse....
globally change govt is the theme of 2012, this will totally reversed what have been done in last few yrs...let party for a short while before instability, clash, fight...kick in & thew orld in great chaos....still have new leaders from world top 2 country, China & US...comingon the way...Ron Paul, chance is smallest now, but impact will be the greatest, this one has to wait till Jul.....
so spore property basically no buyers now...tons of panic sellers & developers....no more foreigners buyers, how many local can afford with median income at $1950?? how many is earning >$15k/m? & how many making >$15k/m want to buy a S$2mil property?? with $15k/m, expenses per month will be at least $8k-10k/m, how much disposable income to invest or speculate??......so last few months only developers trade among themselves to chunk out # & price....let see can last how many more months before they play out each others....music already stops....risk is super high with changing political landscape out there...anytime if they overleveraged, they will be bankrupt immediately once 1 crazy politician shouted nonsense & caused Dow to crash 30% overnight like Oct/1987......bernanke may be fired on the spot or assasinated or accident or.....hot summer is coming early this yr....Beijing temp hit 35 deg 2 days ago in spring.....just do it....spore porperty market will crash hard once global turmoil hit anytime.....no more buyer now, sudden event, all sellers will rush to exit together....with deep price cutting especially from developers.....
Mr B, if you keep delaying it, this may be your address in the future:
Government study on option of building below ground
Use of subterranean facilities to save land will be examined
#B18, Hell Street
You very POWER.
There are double meanings in this post depending on interpretation :D
welcome
really ah? any 3 bedders caspian or lakeshore or parc oasis or ivory heights or madeira or jade owner going to cut 20% and sell me
regards..
new moron....
just buy...borrow to the max.....80% or 90% with some kopi money...not enough, go to big ear...norrow till no place to norrow....must leverage more then can huat more.....like mopst moron here....before 2015, all jump reservoir together....
all morons here, queue up to jump 1 by 1...don't rush...opera_phatom is the most kiasi,let him jump to 18 underneath 1st......can bring along your family members too....the more the merrier......;) ;)
Mr B, if you keep delaying it, this may be your address in the future:
Government study on option of building below ground
Use of subterranean facilities to save land will be examined
#B18, Hell Street
before it ready....you are 6 ft under liao......;) ;)
The Euro End’s On 6th Of May 2012
May 6th, 2012
The Banks’ Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition
May 6th, 2012
as I said, yesterday is just the beginning of the end.....for Euro, EU & Europe....
all Europe banks will be shorted down....get ready for PIIGS to default & banks bankrupt....print more die uglier....
today is still a celebraiton day for the market after winning election, tomorrow is the start of the real thing....
let hope more weak holders & fools buy more porperty now, then it can crash harder, then banks can bankrupt faster....
we need more fools, they think if bank bankrupt, they no need to pay back....hahaaaa...let see who bankrupt 1st...
developers must be panic now...perform all kind of tricks now to lure fools, naive & newbies to buy....get them to sign, whether can afford, not important, as long aa they sign, money come in now....future is future problems....everyone is so short sighted now, from govt, company, individual....bankrupt & desperate behaviour....
old senile best quote...go for right thing to do instead of popular policy...look at what are doing today....all popular polisies...slap his own face...real shameful....even no cooling measures is doing popular policy....
buy more borrow more, then can crash harder....exactly like print more crash harder.....
as I told you in BLUE yesterday......today is the beginning of action day....STI lao sa.i 66 pts yesterday....Dow only down 29 last nite....now STI going to see red soon....hahaaaa.....leg soft soft....crash it....
next 1-3 months is only a mini preview....next 1-3 yrs, really no eyes see....by end of 2014....if morons here still around, you will feel like end of the world....can bring along your family to jump down lo...... ;) ;)
Global Reality: Surplus Of Labor, Scarcity Of Paid Work
May 7th, 2012
this is reality & very true...only rubbish like spore need to import tons of rubbish foreigners to work, only mean spore productivity su.ck big big.....
due to internet & latest technology in building & many area....cut down tons of labour work, that is why paid job globally reduces tremensdously unless a country still operate at ancient time with tons of paper work, red tape, spore is one of them.....
western world unemployment mostly above 20% now...fresh graduate unemployment at 53%, how to pay back US$1.5trillion of study loan in US alone.....
many middle managers are excess, rons of them alreday retrench in US to improve productivity as these are jiak liao bee, use mouth to work, not hands on type....only very low skill super low pay job still aplenty....high paid job unless you are real skillful...those past time, eat snake type, tons of them already cannot survive under technology supervision.....
china GDP slowly going below 8%, unemployment slowly creeping up.....
spore productivity must be 1 of the lowest in the world...see so many jobs, many foreign fools standing around, looking at each other...knock down, then paste back, then knock down again at least 4-5 rounds, finally end with koyak rubbish work.....that is our MRT, our full of holes road,our crack building, leaking pipes, falling glasses....everywhere.....
that is why spore only can survive under 0-1% rate...if 2% many companies will bankrupt due to lost.....plus all the fake data now, tons of wormsunder carpet to be dig out in crisis time....that is why or banks is in high risks with low rate...property bubble burst or recession hit, will see companies bankrupt in all sectors or once rate hike driven by gloabl loquidity shortage or crisis time, all collapse down like toufu.....by then, all the mortgage loan will be default...not many can tahan 3-4 months of no income or rental income.....
global high unemployment is here...global low income is here.....that isthe trend....that is why global hyperDEFLATION is kicking in in 2013/4......swee!!!!.....
Hollande Wants To End Dollar Era, Will Clash With US
May 7th, 2012
very nice....everybody looks at US like a rubbish now....many country want to kick it out....
soon will see many stop using US$ to trade, reserved or oil....Iran already use RMB to trade oil....BRIC use their own currency to trade...
France will shout very loud to stop using US$...clash with US in every world arena....it will pull EU, Euro in to clash with US$...clash harder the better....
US already all ready to kill Euro...so that they can survive as reserved currency.....all the action is on now....that is why worls will sink faster & harder in next 1-3 yts...more change of govt is better for harder crash....
spore cannot avoid all these....no trade, no business, funds & investment pull out.....no jobs, nobody comes....spore is death....no market, little dot, no foods...no internal demand, no skill, no brands, almost no manufacturing now....service who?? ang mo also suay ki now......let it be pinnoyland better....
Ah B is very firm with his crystal ball vision. Not even his idol can change his mind.
In 2011
Dr Doom: "Well the positive aspect of my negative view is essentially that you shouldn’t own cash and government bonds but you should be in assets like real estate or equities or precious metals or in commodities. That is the positive view. In other words, the more negative you are about the world and the geopolitical trends which will lead to war, the more likely it is that you will do better in equities than say in bonds and cash."
Ah B: "Xiao (Crazy). Property will crash 50% in 1-2 yrs time. Only fools will buy today."
Dr Doom: "My advice would be to diversify heavily and have money in other jurisdictions than the United States, in other assets than US assets. In say Asia, Asian equities, Asian real estate. And I would have some money in custody outside the USA, in Australia or in Singapore or in Hong Kong or in Switzerland and not have all my assets here in the United States."
Ah B: "SG Property is a sure doom. Only fools hold tight tight now. Already 20% down. Tons out there. In 2 years time, bank will force sell. What a joke."
2011 Feb
Dr Doom: “I like real estate in the U.S… Just buy a house”.
“If you take a very bearish view of the world, then at least—if you own property, you still own it—you pay for cash and get the cash flow as I suggested [from the concubines]. And if you are very bullish about the world, it means the demand for real estate will go up.”
Ah B: "Changi Beach is better. Got seaview." :D
2012 Marc Faber, when he was in town recently
Dr Doom: "One is better off holding shares and properties than government bonds or cash" even as he predicted that global markets are ripe for a deep correction over the next six months. Presumably he feels, like most buyers today, that property tends to hold its value better than other assets in a correction”
Ah B: "Marc Faber is about 70% correct in his predictions. My stand is firm. There is no future in SG property. Guarantee 50% down before 2015. All these fools will jump, dive when they bankrupt. Queue up one by one. It’ll be the end of the world."
Ah B will win?
phantom_opera
08-05-12, 17:28
Singapore OCR from 450psf at 2003/04 to 700psf at 2008, then crashed back to 600psf post Lehman and up to 1000psf now .... the peak could be 1400psf ... and come back down again to 1000psf again
Mr B ... what are u waiting for, waiting to re-enter in 2015 at 1000psf??
Spain to spend billions on bank rescue
May 7th, 2012
The Spanish Bank Bailout Begins
May 7th, 2012
most banks in spain already bankrupt right now.....need to bailout immediately or will just close down....people money in the bank will just gone...
that is why banks run is really bi surprised these days if you heard 1 bigbank in europe just bankrupt overnight....
spain still have money?? loan from ECB again?? I thought they just took Euro1.5T of LTRO 2 months back.....so fast use up?? loan some more can pay back??....or close down better??....
same to spore property market...come to a stage, cannot means cannot, like human life, die is for sure....family can dump in all the have till bankrupt, still must die....same to spore property now....govt & developers want to dump another S$100Bil to push up, when need to die...all these few $100Bil all evaporated....time has come....that is why down >50% vefore 2015 is really nothing......with current global situation, bubble burst, whatever printed & pump in in last 4 yrs, all gone in thin air....but all the mortgage loan has to pay back....ie. if you buy $2mil property borrow, $1.5mil...drop to $800k, your $500k totally gone, yet owe bank $1.5mil plus tons of misc.....
Singapore OCR from 450psf at 2003/04 to 700psf at 2008, then crashed back to 600psf post Lehman and up to 1000psf now .... the peak could be 1400psf ... and come back down again to 1000psf again
Mr B ... what are u waiting for, waiting to re-enter in 2015 at 1000psf??
this moron must be kena stuck with tons of mortgage loan, wait patiently to jump down lah.....
now OCR below $750 psf...tons, go chackpropertyguru, listed price very very negotiable some more....so $700 psf in next 1-3 months is nothing....
next yr below $600 is achievable....
so 2015 is below S$400-420 psf......hold tight tight till force sell lah, why so hurry.....you think Rome build overnight??.....;) ;)
phantom_opera
08-05-12, 17:58
this moron must be kena stuck with tons of mortgage loan, wait patiently to jump down lah.....
now OCR below $750 psf...tons, go chackpropertyguru, listed price very very negotiable some more....so $700 psf in next 1-3 months is nothing....
next yr below $600 is achievable....
so 2015 is below S$400-420 psf......hold tight tight till force sell lah, why so hurry.....you think Rome build overnight??.....;) ;)
I think you are dreaming, Singapore GDP had doubled since 2003, in order for psf price to drop to $400psf .. it means Singapore GDP is halved ... how many years do u think u need for that to happen even if there is a recession??
And if OCR condo were to average $400psf, that means HDB will be $200psf ... that means 1000sqft HDB only 200k ... again .. how many years needed for that to happen, you probably need a WAR for that to occur by 2015
Note you are talking about 2015, 3y from now!!!
I think you are dreaming, Singapore GDP had doubled since 2003, in order for psf price to drop to $400psf .. it means Singapore GDP is halved ... how many years do u think u need for that to happen even if there is a recession??
And if OCR condo were to average $400psf, that means HDB will be $200psf ... that means 1000sqft HDB only 200k ... again .. how many years needed for that to happen, you probably need a WAR for that to occur by 2015
Note you are talking about 2015, 3y from now!!!
moron....I posted at least 1000x...yr 2015....
don't talk rubbish, spore GDP from 2003 to 2011, double.....2003 is SARS.....2008/9 are negative GDP....impact of negative GDP is much higher.....
tharman just shouted 2001-2011, salary only up 11% in the 10 yrs...you want everything double?? moron......
Japan GDP growth from 1990, every yr 0.2%, 20 yrs also 4%, simple, no compound.....but porperty down 90%.....due to last 50 yrs?? then you want to count spore in last 50 yrs?/.....
$400 psf in 2015 is easily achievable.....
stupid moron, kek lin math.....wasting my time.....;)
phantom_opera
08-05-12, 18:20
moron....I posted at least 1000x...yr 2015....
don't talk rubbish, spore GDP from 2003 to 2011, double....2008/9 are negative GDP....impact of negative GDP is much higher.....
Japan GDP growth from 1990, every yr 0.2%, 20 yrs also 4%, simple, no compound.....but porperty down 90%.....due to last 50 yrs?? then you want to count spore in last 50 yrs?/.....
$400 psf in 2015 is easily achievable.....
stupid moron, kek lin math.....wasting my time.....;)
LOL ... here I caught you red-handed:
http://www.singstat.gov.sg/stats/themes/economy/hist/gdp2.html
2002 162,299.5 (S$ million)
2011 326,832.4 (S$ million)
With 2012 Q1 GDP 1.6% increase, now the GDP is 332,061 ...
Mr B ... you have NO CREDIBILITY whatsoever
How about M3 growth??
2003
Jan 190,001.1
2012
Jan 455,057.0
If you just read the M3, a property valued at 190k in 2003 should be now at least 455k now if you ignore all other factors
See how your SGD cash in the bank become banana money??
phantom_opera
08-05-12, 18:26
If you simply use M3 as a benchmark for OCR psf:
2003
Jan 190,001.1
2012
Jan 455,057.0
Assume OCR psf is 400psf in 2003 Jan, then in 2012 Jan the same property should be more than 900psf ignoring all other factors
That's why I keep saying nothing will be below 1000psf soon if M3 continues to grow rapidly this year
LOL ... here I caught you red-handed:
http://www.singstat.gov.sg/stats/themes/economy/hist/gdp2.html
2002 162,299.5 (S$ million)
2011 326,832.4 (S$ million)
With 2012 Q1 GDP 1.6% increase, now the GDP is 332,061 ...
Mr B ... you have NO CREDIBILITY whatsoever
How about M3 growth??
2003
Jan 190,001.1
2012
Jan 455,057.0
If you just read the M3, a property valued at 190k in 2003 should be now at least 455k now if you ignore all other factors
See how your SGD cash in the bank become banana money??
I know you are dirty to set trap....I based on GDP growth....as you said 2003 till 2011....now you count 2002 to 2012/Q1??.....
list down all the yr GDP......with all these #, what can you prove in property price??....what japan in alst 20 yrs? US in last 5 yrs?? get a formula for me between GDP & property price......or GDP per capita....last 10 yrs or last 30 or 50yrs?......stupid moron......
tharman, 2001-2011, salary up 11% only...
only fools everyday analyse all these rubbish #....look into future lah, moron.....real stupid.....really wasting my time.....
phantom_opera
08-05-12, 18:37
I know you are dirty to set trap....I based on GDP growth....as you said 2003 till 2011....now you count 2002 to 2012/Q1??.....
list down all the yr GDP......with all these #, what can you prove in property price??....what japan in alst 20 yrs? US in last 5 yrs?? get a formula for me between GDP & property price......or GDP per capita....last 10 yrs or last 30 or 50yrs?......stupid moron......
tharman, 2001-2011, salary up 11% only...
only fools everyday analyse all these rubbish #....look into future lah, moron.....real stupid.....really wasting my time.....
Ha ha ha your argument is getting shaky ... even I start counting from end of year 2003 GDP to Q1 2012, it is still about double ...
You must not compare Singapore against Japan or other countries, Singapore PC market is only to cater for top 20% of income earners, correct or not correct?? Salary up 11% is for all income earners ... you have any idea how much the top 20% income growth was from 2001-2011??
GDP at the end of each year:
2002 162,299.5
2003 167,174.0
2004 190,484.2
2008 268,772.4
2009 270,012.7
2010 310,036.8
2011 326,832.4
2012 Q1 about 33X,000
Ha ha ha your argument is getting shaky ... even I start counting from end of year 2003 GDP to Q1 2012, it is still about double ...
You must not compare Singapore against Japan or other countries, Singapore PC market is only to cater for top 20% of income earners, correct or not correct?? Salary up 11% is for all income earners ... you have any idea how much the top 20% income growth was from 2001-2011??
don't waste my time...hold tight tight to your stock & porperty till 2015, then sell if you can last till 2015.....
you can't have a formula between property & GDP or take any period of time you like.....
20% or 50%...PC or EC or DBSS......it's still down >05% before 2015.....
really waste my time.....
you like to shake so much....go & use vibrator lah.....
Ha ha ha your argument is getting shaky ... even I start counting from end of year 2003 GDP to Q1 2012, it is still about double ...
You must not compare Singapore against Japan or other countries, Singapore PC market is only to cater for top 20% of income earners, correct or not correct?? Salary up 11% is for all income earners ... you have any idea how much the top 20% income growth was from 2001-2011??
GDP at the end of each year:
2002 162,299.5
2003 167,174.0
2004 190,484.2
2008 268,772.4
2009 270,012.7
2010 310,036.8
2011 326,832.4
2012 Q1 about 33X,000
this is pure rubbish....2008 GDP is negative 7%....
2009 is negative 1 or 2%......
your rubbish all positive up.....stop playing wiht all these #...depend on what they want or don't want to include or exclude....all meaningless.....
I think your little brother is shaky, dropping soon....
leg soft soft...take viagra lah, moron.....
phantom_opera
08-05-12, 18:48
this is pure rubbish....2008 GDP is negative 7%....
2009 is negative 1 or 2%......
your rubbish all positive up.....stop playing wiht all these #...depend on what they want or don't want to include or exclude....all meaningless.....
Wah .. you don't even trust our garmen stats ?? You can provide better stats, Mr B ??
Read it carefully about the number:
Time Series on Annual GDP at Current Market Prices
Wah .. you don't even trust our garmen stats ?? You can provide better stats, Mr B ??
Read it carefully about the number:
Time Series on Annual GDP at Current Market Prices
this is pure rubbish....2008 GDP is negative 7%....
2009 is negative 1 or 2%......
your rubbish all positive up.....stop playing wiht all these #...depend on what they want or don't want to include or exclude....all meaningless.....
so 2003, 2008/9...GDP growth is positive??.....
I think your little brother is shaky, dropping soon....
leg soft soft...take viagra lah, moron.....then shake again....then have milk shake.....
The chicanery between the Fed and ECB – twin balance sheets near peak levels and many European nations back in recession
May 6th, 2012
sure...all balanced sheet already exploded yet in recession now...if all the borrowed money don't pay back...all bankrupt...with current election, they already said stop paying back...wait for the real explosion much worse than lehman bros coming....
If nobody paying back, you think they still print?? if stop printing, ponzi scheme explode, what will happen tothe domino effect?? all the debt wipe out all the way....yet all the debt needs to pay back in future...in short, bubble burst...spore bubble also sure burst....
why pay back, let them lose huge....no jobs, no money, how to pay back....then why loan to them?? why you take S$mil salary & do not know why loan to them?? are you stupid?? why stupid can get S$mil salary?? who give to them? behind boss is govt??.....why they can manipulate everything?? pay them to manipulate?? meritocracy is manipulation??.....who started it??....
with europe going to ho lan...spore property going to crash big way.....with global economy to collapse, spore property to sink to the real bottom.....will see Europe CDS surges like nobody business this week...who still trust or have any confidence?? 1 day nobody care about all these CDS, as nobody going to loan, then print money for what?? sto printing because no more working, wjat is next?? all these will unfold fast...like spore property, 1 day, mostly not going to pay back loan, as no money, retrench, then banks still loan out mortgage loan?? if don't loan out, property sales 0, then what will the price be?? close to 0?? if all the home owner today, 100k-200k of them, need to pay back S$300B to $400B of mortgage loan...if you are 1 of them, most of the bulls here are in...very nice...those are out looking at these fools to pay $300B-400B from their 30-40 yrs working life for free?? enough?? hahaaaa....don't be 1 of them, stop buying.....wait for them to sell you at bottom.....
In this manipulated market, the reckless have nothing to lose, while the prudent cannot possibly assess the real risk or price of assets and debt. The grand irony is that in attempting to “save” the housing market by suppressing mortgage rates and the market’s discovery of the price of homes, debt, and risk, the Fed has systemically crippled the housing market
Making 9 Million Jobless “Vanish”: How The Government Manipulates Unemployment Statistics
HONG KONG PROPERTY BUBBLE MANIPULATORS ARRESTED
I am showing above how property market can be manipulated by who...all knows....from manipulating data, easy money, floodgate, supply, media & many more....
no choice has to against govt directly now, has to get govt down & out, they cannot exist anymore, this evil....they are in the dark & we are in the bright, whatever we post here, they can read & react accordingly, but not the other way round.....to protect their vote, they don;t go against you, at least they can don't do anything....
whatever, must get out PAP govt in 2016, already no other choice to choose...this rubbish evil...
yes, those who need protection from govt that property will not come down, govt is no your side is for sure....I have no problem to fight them now directly....they will not win as this is global crisis now will swallow them like a small shrimp, they can be king in this rubbish dot today but they cannot & dare not fight the tidal wave of global economy collapse....global crisis is sure to come, is sure to happen this yr...govt can take this as excuse for not implementing CM or build more BTO or stop supply & bring in another 5 mil foreigners....who care, let them backfire themselves if they do the wrong thing, will be punished till many has to go to jail eventually or execution.....
developers or sellers can anyhow shout what price they want to sell...they can do internal or insider trade that sold out or sold at super high price....but basically, not affordable & not many fools around to be affordable...bank can loan easy money to fool to leverage 100x at super low rate....go ahead, bank wil be bailout during property crash, we will want all of them to be execute if there is criminal act on abuse power to raid taxpayers' money....
all the COE, inflation in spore is the result of wealth effect from property, no doubt about it, the one behind is definitely govt.....stop saying you do not know the cause if you are so stupid or not sincere or try to hide....how to trust these rubbish.....
same to ah cow....gone case....all history will record the shame of govt....all the 50 yrs has been down to drain due to last few yrs....hard truth will be out eventually.......
of course, all bubble will be burst....many will be bankrupt, some banks has to bankrupt too, we see it clearly from USA from 2006-8.....spore will go the same way now, unavoidable, we will see it in 2012-2104 for spore....property crashing down...2016 is the out of PAP.....this is global issue, they can blame it, but peple will no longer believe & trust them anymore with what they have done in last 2-3 yrs.....sit on it, blame on others, so easy to take S$mil salary......
Global Reality: Surplus Of Labor, Scarcity Of Paid Work
May 7th, 2012
this is reality & very true...only rubbish like spore need to import tons of rubbish foreigners to work, only mean spore productivity su.ck big big.....
due to internet & latest technology in building & many area....cut down tons of labour work, that is why paid job globally reduces tremensdously unless a country still operate at ancient time with tons of paper work, red tape, spore is one of them.....
western world unemployment mostly above 20% now...fresh graduate unemployment at 53%, how to pay back US$1.5trillion of study loan in US alone.....
many middle managers are excess, rons of them alreday retrench in US to improve productivity as these are jiak liao bee, use mouth to work, not hands on type....only very low skill super low pay job still aplenty....high paid job unless you are real skillful...those past time, eat snake type, tons of them already cannot survive under technology supervision.....
china GDP slowly going below 8%, unemployment slowly creeping up.....
spore productivity must be 1 of the lowest in the world...see so many jobs, many foreign fools standing around, looking at each other...knock down, then paste back, then knock down again at least 4-5 rounds, finally end with koyak rubbish work.....that is our MRT, our full of holes road,our crack building, leaking pipes, falling glasses....everywhere.....
that is why spore only can survive under 0-1% rate...if 2% many companies will bankrupt due to lost.....plus all the fake data now, tons of wormsunder carpet to be dig out in crisis time....that is why or banks is in high risks with low rate...property bubble burst or recession hit, will see companies bankrupt in all sectors or once rate hike driven by gloabl loquidity shortage or crisis time, all collapse down like toufu.....by then, all the mortgage loan will be default...not many can tahan 3-4 months of no income or rental income.....
global high unemployment is here...global low income is here.....that isthe trend....that is why global hyperDEFLATION is kicking in in 2013/4......swee!!!!.....
Spain to spend billions on bank rescue
May 7th, 2012
The Spanish Bank Bailout Begins
May 7th, 2012
most banks in spain already bankrupt right now.....need to bailout immediately or will just close down....people money in the bank will just gone...
that is why banks run is really bi surprised these days if you heard 1 bigbank in europe just bankrupt overnight....
spain still have money?? loan from ECB again?? I thought they just took Euro1.5T of LTRO 2 months back.....so fast use up?? loan some more can pay back??....or close down better??....
same to spore property market...come to a stage, cannot means cannot, like human life, die is for sure....family can dump in all the have till bankrupt, still must die....same to spore property now....govt & developers want to dump another S$100Bil to push up, when need to die...all these few $100Bil all evaporated....time has come....that is why down >50% vefore 2015 is really nothing......with current global situation, bubble burst, whatever printed & pump in in last 4 yrs, all gone in thin air....but all the mortgage loan has to pay back....ie. if you buy $2mil property borrow, $1.5mil...drop to $800k, your $500k totally gone, yet owe bank $1.5mil plus tons of misc.....
phantom_opera
08-05-12, 19:11
Basic trying to paste more to divert attention? M3 grows by 140% since 2003, he expects property to crash 50pc by 2015, then m3 must shrink big time now till 2015
The Urban Redevelopment Authority (URA) recently released their 1Q12 real estate statistics.*
The Urban Redevelopment Authority (URA) recently released their 1Q12 real estate statistics, and in this article we will look at the patterns emerging from the numbers for both the residential and non-residential (office, shop and industrial) segments.
Residential — Prices fall for the first time since 2Q09
The URA Private Property Index (PPI) fell by 0.1% in 1Q12, the first decline since 2Q09 after 10 quarters of growth. However, it is still up 3.5% on a year-on-year basis and is 16.1% and 13.6% above the previous 2Q08 and 2Q96 highs respectively.
If we drill further down into the numbers, an interesting pattern emerges. The Property Price Indices for the Core Central Region and Rest of Central Region both fell by 0.6%, while the Outside Central Region Price Index rose by 1.1%. Not only did prices in the Outside Central Region increase, but it re-accelerated from the 0.6% increase in 4Q11.
We can interpret this phenomenon as continued bullishness in the mass market segment, while the luxury and mid-to-high end markets seem to be stalling. Perhaps the impact of the Additional Buyers Stamp Duty, which affects foreigners and PRs more than locals, is finally being felt. But the increase in the mass market segment, driven mainly by locals who are still jumping into the market despite many rounds of cooling measures by the government, should be a cause for concern.
Developer sales of smaller, cheaper and less central apartments driving the market
While new sales are still hot, developers have been taking the opportunity to launch more projects for sale, putting a total of 6,903 uncompleted private residential units on the market, a 68% increase over the 4,105 units in 4Q11. And they've been successful in selling them, with 6,458 units sold versus 3,525 units in 4Q11, and 83% increase.
Shoe-box units (defined as smaller than 50 sqm) accounted for 27% of new sales in the quarter. Cheaper units of less than $750,000 accounted for 42% of new sales, a large jump from 25% last quarter. Most of the units sold were in the suburbs, as an all-time high of 82% of new units sold by developers were from the Outside Central Region. To sum up, the sales of smaller, cheaper and less central apartments are increasing, and are now the driving force in the market.
But the resale market is cooling
Meanwhile, as developer sales continue to be strong, the resale market has been cooling with the volume of resale transactions declining for the third straight quarter to 1,906 units in 1Q12, the lowest since 1Q09. Also as a proportion of total sales, resale transactions have hit an all time low of 21.8%, while the prices for resale properties fell by 0.7% versus the 0.2% increase for uncompleted non-landed properties.
What these numbers are saying is that buyers are increasingly neglecting the resale market while still chasing new launches by developers, despite the often large price premium of new units even when compared to neighboring completed projects. I believe that together with the increasing sales of mass market properties, this is a sign that the sophisticated buyers are staying out of the market while the unsophisticated buyers are falling for the glitzy marketing of developers and agents and lapping up the new launches while ignoring the bargains to be had next door.
Supply in the pipeline hits all-time high
There was a total supply of 78,572 uncompleted private residential units from projects in the pipeline, a 1.9% increase from 4Q11 and the highest recorded since such data was fist available in 1999. Another 4,100 units are expected to be added to this number from the 1H12 Government Land Sales Programme. 46.5% or 36,552 of these units remain unsold as of 1Q12.
Rentals are still rising as seen by the 0.3% increase in the 1Q12 Rental Index, but the rate of increase has been falling by three quarters. The vacancy rate of completed private residential units increased by 0.1% to 6.0% at the end of 1Q12.
Industrial property prices surged, while office rentals decline
In the non-residential space, the standout sector is industrial property, with the Industrial Price Index surging by 7.3% in 1Q12 after a 4.0% increase in 4Q11. Compare this with the poor showing of the Office Price Index which was flat and the Shop Price Index which edged up slightly to 0.2%. If you're interested in industrial property, we've written an article on the URA guidelines for development types and also on the controversy over shoe-box industrial units.
Rentals for office space based on leases which had commenced decreased by 0.5% in 1Q12, versus rental for shop space which increased by 0.1%, and industrial property which increased by 1.8%. The weakness in office rental could be due to the increase in supply of office space, with a stock increase of 97,000 sqm versus a 53,000 sqm increase in occupied space. The weakness in office rentals seem to be driven by Category 1 office space (centrally located high quality office space), with the vacancy rate in this category jumping from 15.6% in 4Q11 to 18.9% in 1Q12.
Overall, my read of the 1Q12 URA numbers is that we are nearing (or already past) the end of the bull market as less sophisticated investors rush into the market (buying up smaller quantum shoebox residential and industrial units located in less central areas), while the sophisticated ones stay on the sidelines. More than ever, let the buyer beware.
By Mr. Propwise, founder of www.Propwise.sg, a Singapore property blog dedicated to helping you understand the real estate market and make better decisions. Click here to get your free Property Beginner's and Buyer's*
Where is the DROP?????
Is it even realistic for HDB resale to become 250psf?
OCR Condo to become 500psf?
If you are PAP with a few hundred billions in reserves will you allow that to happen?
And if it really happens wouldnt foreigners flock here to buy?
If you honestly answer it... the answer is clear....
The first step to any recovery is recognising the REAL situation
I suspect you are talking to a robot. :ashamed1:
The robot search the web and automatically cut and paste when it detected keywords like "drop", "crash", "die"....... :beats-me-man:
Basic trying to paste more to divert attention? M3 grows by 140% since 2003, he expects property to crash 50pc by 2015, then m3 must shrink big time now till 2015
The resale market is picking up.
And the pick up is significant.
Recently, I was negotiating to buy a unit, I told them what Ah B said, ask them to sell me below valuation 10%.
They scold me moron, rubbish, go jump down (not from their condo). I said you dont believe wait a few weeks la!
At the end, the agent called and show off that they easily sold it at valuation / last done + a little bit. And scold me moronic, rubbishish, and ask me to jump down from my condo.
DKSG
PS : Thats the small costs of listening to Ah B.
spore productivity must be 1 of the lowest in the world...see so many jobs, many foreign fools standing around, looking at each other...knock down, then paste back, then knock down again at least 4-5 rounds, finally end with koyak rubbish work.....that is our MRT, our full of holes road,our crack building, leaking pipes, falling glasses....everywhere.....
that is why spore only can survive under 0-1% rate...if 2% many companies will bankrupt due to lost.....plus all the fake data now, tons of wormsunder carpet to be dig out in crisis time....that is why or banks is in high risks with low rate...property bubble burst or recession hit, will see companies bankrupt in all sectors or once rate hike driven by gloabl loquidity shortage or crisis time, all collapse down like toufu.....by then, all the mortgage loan will be default...not many can tahan 3-4 months of no income or rental income.....
global high unemployment is here...global low income is here.....that isthe trend....that is why global hyperDEFLATION is kicking in in 2013/4......swee!!!!.....
This is another example of sitting in front of the computer and typing a world of fantasy!
Ah B! Have you been trying to employ someone recently ?
Office Boy like me recently need to employ an Assistant Office Boy/Girl, after interviewing many, they told me no 20% increment, no need call them back.
Labour market is very very tight now, wages are going up in line with inflation expectations.
You will notice I dont cut and paste things here. I speak with my real ife experiences. I hope I can contribute meaningfully here and to the society and wish that our country, people, nation will prosper and all live in happiness, prosperity and progress for our nation.
We should terminate traitors and BBBBBEast lurking around.
DKSG
phantom_opera
08-05-12, 21:29
I suspect you are talking to a robot. :ashamed1:
The robot search the web and automatically cut and paste when it detected keywords like "drop", "crash", "die"....... :beats-me-man:
This is one hell XXX-rated robot, he detected I used the word "shaky" and he could pick terms used in porn magazine to attack me :eek:
I suspect you are talking to a robot. :ashamed1:
The robot search the web and automatically cut and paste when it detected keywords like "drop", "crash", "die"....... :beats-me-man:
robot?? bring you daughter, can sc.rew her 5x a day in any position....
that moron wasting my time.....I have much better thing to do....
This is one hell XXX-rated robot, he detected I used the word "shaky" and he could pick terms used in porn magazine to attack me :eek:
you like to shake....continue to shake lo, moron....
beside shake, what can you do with all your rubbish data?? ask you to buy stock or property & list down here 5x, you dare not, not even 1x....what can you trade or invest to list down here?? nothing....
ask me nonsense....you forever no action....look at my short in Euro...look at how gold plunge today....still have tons of items to short for few 100% profit this yr & next few yrs.....look at those rubbish data for what....
stupid moron.....wasting my time...
Greek Stocks Plummet To 20-Year Lows
May 8th, 2012
look how nice it is to short.....Dow will come to 20 yrs ago level too in next 1-3 yrs as US data is worse than Greece actually...
wait for the right timing, just short it down to below 3500 before 2015....
spore property can't short...but short STI, STI future, short S$....& many others...spore property still need to crash down >50% before 2015....totally no buyer after 2 yrs from now.....now already no buyers except developers trade among themselves....manipulating, rigging, fake, fraud, magic tricks to show...all the moron here so excited over fake....hahaaa...real moron....
Economic Alert: If You’re Not Worried Yet…You Should Be
May 8th, 2012
Dow plunging 155 now....nice....so tomorrow HSI will tumble another 300-400...so 3 days almost down 1000 pts....how about STI, will follow accordingly....this is just the beginning of 1-3 months as I have said few days ago...today is the 1st day after election party...action started....more to come in next 1-3 months...much more ugly than today....but compared to next 1-3 yrs....really nothing, sup sup water.........next 1-3 yrs will be plunge 100x than next 1-3 months....
by 2015....you will feel like end of the world is here...with or without property, make not much difference...who care.....
I am not joking....by then....you realise, already too late...can plan & prepare for it wan......hahaaaa.....hug your family tight tight ho.....;)
Why the Fed could shock the market and halt QE3
May 7th, 2012
those moron waiting for money printing, tan ku ku liao....instead all money willbe su.ck back form the market soon....
wait for the crisis comes, liquidity dry up, no printing, ponzi scheme collapse, banks run, rate shoot up,then you know what is happening....when banks start to chase back all the money, then oyu know what happens....
is it possible most TOP after 2015, no buyer will want to collect their property, why not....when all bubble burst....all printed $$ evaporated, total debt in the world today is US$1000trillion.....all who in debt, will ba bankrupt....so many bankrupt, who will still take property in TOP.....no jobs, no income, only debt everywhere....nice....sound impossible....see you there....;)
Watch Ron Paul Hearing On “Legislation To Reform Fed And Other Alternatives”
May 8th, 2012
chances of closing down FED is good....rubbish bernanke is creating problem for the whole world...a human with moral should stand forward to shoot him down....
no more printing.....unwinding all the printing will be seen in next 1-3 yrs....
those in debt...pray hard or run fast....all woth mortgage loan...good luck, either you down or bank down...what do you think?? nothing, until you kena sued to bankrupt or squeeze to corner till can't breathe...then you start to get worry, too late liao....if govt bailout, then govt will be gone....
News:More singapore companies facing cash flow problems and delaying payments
many companies have no order now, order from oversea have been diving.....account receivable also big problem with global ruemoil going on, no money to pay up....cash flow of many companies are in big trouble...these companies have tons of debt wih banks.....high inventory, cannot clear, sell, will not get paymant....kena stuck....
big layoff, retrenchment are coming...survival now, this is global trend....demand have down tremendously, many sit in office & factory have nothing much to do, low productivity.....
company already cannot survive, still buy property?? going to lose jobs, still buy property??once cannot pay up loan, huge default will come...plus rate hike later, whole peopertry market will collapse...now is only supported by govt & developers....these manipulators & devils behind....let see how long they can fake the market, I can tell you no more time now, get out or get burnt, both economically, financially & politically.....global crisis will make them to kneel down, they will lie to say global crash the bubble not they build the bubble....they don't plant, there is nothing to burst....
http://www.sedb.com/edb/sg/en_uk/index/news/articles/business-expectations-of-the-manufacturing-sector-apr2012.html
Business expectations of the manufacturing sector
April 30, 2012
I
Business Sentiments for April – September 2012
1.
The manufacturing sector expects better business conditions in the next six months ending September 2012, compared to the first quarter of the year.*Overall, a weighted 19 per cent of manufacturers foresee an improved outlook, while a weighted 4 per cent predict deterioration.*This results in a net weighted balance of 15 per cent of manufacturers expecting a more favourable business situation ahead, a turnaround from the 11 per cent of manufacturers that had expected deterioration in the preceding quarter.*
*
2.
The positive business sentiment is broad-based with all manufacturing clusters projecting better business conditions for the period April – September 2012, compared to a quarter ago.* However, many firms are still concerned with the global economic uncertainties in relation to the strength of US recovery, the European debt crisis and high oil prices.
*
3.
Within the manufacturing cluster, the electronics cluster is the most upbeat, with a net weighted balance of 30 per cent of firms expecting better business prospects in the next six months, compared to a quarter ago.* This optimistic outlook is led by the semiconductor segment, which anticipates improved global demand for chips in the months ahead as inventory levels are adjusted downwards.
*
4.
The general manufacturing cluster is the next most optimistic, with a net weighted balance of 19 per cent of firms in the cluster expecting business situation to improve in the next six months ending September 2012.* In particular, the other manufacturing industries segment projects positive business conditions over the next two quarters, supported by demand from the construction sector.
*
5.
In the precision engineering and chemicals clusters, a net weighted 9 per cent of firms in each cluster predict an improved business outlook in the next six months compared to a quarter ago. Within the precision engineering cluster, the semiconductor equipment, bonding wires and connectors manufacturers are the most optimistic. In the chemicals cluster, while the firms expect a better business situation ahead, they are also mindful of possible margin erosions as a result of high raw materials prices.
*
II Output Forecast for April – June 2012
6.
Compared to the first quarter of 2012, a net weighted balance of 22 per cent of manufacturers expects output to increase in the second quarter of 2012.
*
7.
The biomedical manufacturing cluster is the most upbeat, with a net weighted balance of 41 per cent of firms projecting a higher level of production in the second quarter of 2012, compared to the first quarter of 2012.* Both the pharmaceutical and medical technology segments foresee higher output with improved demand.*
*
8.
The next most upbeat is the electronics cluster, in which the semiconductor, data storage and electronic modules & components segments anticipate higher levels of production in the next three months due to improved demand and expanded capacities.* The transport engineering cluster is also predicting higher output in the second quarter of 2012, compared to a quarter ago. The aerospace segment anticipates sustained demand for repair and servicing jobs for the Asia-Pacific region while the marine & offshore engineering segment foresees a higher level of offshore activity on the back of secured orders.*
*
III Employment Forecast for April – June 2012
*
Employment prospects in the manufacturing sector for the second quarter of 2012 are positive, with all manufacturing clusters expecting to hire workers.* A net weighted balance of 8 per cent of manufacturers plan to increase employment in the next 3 months, compared to a quarter ago. The transport engineering and general manufacturing industries clusters are the most optimistic about employment opportunities in the three months ahead.
*
IV Factors Affecting Export Orders for April – June 2012
10.
A weighted 45 per cent of firms in the manufacturing sector reported no limiting factors that will affect their ability to obtain direct export orders in the second quarter of 2012.* The weighted 47 per cent of firms that indicated export constraints cited price competition from overseas competitors and economic and political conditions abroad as the most important limiting factors.
*
V Investment Plans for April 2012 – March 2013
11.
A weighted 68 per cent of manufacturers plan to invest in plant and machinery in the next twelve months (April 2012 – March 2013) compared to the past twelve months, of which a weighted 53 per cent expect higher or similar levels of capital expenditure.* The planned investments are mainly for the replacement of worn-out equipment, and expansion of production capacity for both existing products and new products.
*
*
Editors' Note: *
For media enquiries, please contact*
Ms Karen Lin*
(Tel: 6832-6587 / hp: 9623-0355 / Email:
[email protected]).
For further information on the business expectation results, please contact*
Ms Leong Pui Ling*
(Tel: 6832-6737 / hp: 9877-2580 / Email:
[email protected]).
Updates on business expectations of the manufacturing sector for the second quarter of 2012 are available on http://www.news.gov.sg and http://www.sedb.com
Technical Notes
The Survey of Business Expectations of the Manufacturing Sector for the second quarter of 2012 was conducted between March 2012 and April 2012 by the Economic Development Board. Out of a total of 414 manufacturing establishments surveyed, 95 per cent responded. These establishments were asked to indicate their expectation of general business conditions and other indicators such as output and employment. Their views are expressed in terms of directional change (i.e. "up", "same" or "down"). Individual responses provided by the establishments are weighted by their contribution to employment and value added. These responses are then aggregated at cluster, sub-cluster and overall manufacturing level, and presented in terms of weighted percentages. The net weighted balance is commonly used to reflect the direction and extent of the business sentiments. It is the difference between the weighted percentage of 'up' responses and the weighted percentage of 'down' responses. For example, if weighted responses for overall manufacturing output yields a net weighted balance of +30 per cent, the plus sign before the percentage figure indicates a positive balance or net upward movement, and not a 30 per cent increase in output. Similarly, a minus sign before the percentage indicates a downward trend and not a decline by that amount.
........Extracted from the web link above
Why the Job Market Will Continue Shrinking
May 8th, 2012
America Will Have Negative Unemployment In January 2022
May 8th, 2012
job market will continue to shrink globally...paid jobs will slowly diminish....due to internet,technology advancement in all sectors....
only spore import tons of rubbish...3 workers do 1 person job, productivity is the lowest in the world....
with the way US exclude working adults from their employment data....mosr americans will either be temp or part time or no paid jobs....& mostly alreday giving up to look for jobs....job participaiton will go below 20-30%....
no more high pay jobs...no need those rubbish using lip service only middle managers, only hands on jobs are needed....global economy collapse in next 1-3 yrs, many banks & companies will bankrupt, huge jobs will lose in spore...tons of retrench....many will give up their property, tons of them, no buyer....price can be dirt junk....on the way coming......spore depend heavily on property now, many developers alreday started to cut down people as sale is bad....once porperty crash, tons of people will be retrench...even property agent, now resale is death only developers trade among themselves, so agent already cut down tons of advertisement as no sale & no buyer at all......
News:More singapore companies facing cash flow problems and delaying payments
many companies have no order now, order from oversea have been diving.....account receivable also big problem with global ruemoil going on, no money to pay up....cash flow of many companies are in big trouble...these companies have tons of debt wih banks.....high inventory, cannot clear, sell, will not get paymant....kena stuck....
big layoff, retrenchment are coming...survival now, this is global trend....demand have down tremendously, many sit in office & factory have nothing much to do, low productivity.....
company already cannot survive, still buy property?? going to lose jobs, still buy property??once cannot pay up loan, huge default will come...plus rate hike later, whole peopertry market will collapse...now is only supported by govt & developers....these manipulators & devils behind....let see how long they can fake the market, I can tell you no more time now, get out or get burnt, both economically, financially & politically.....global crisis will make them to kneel down, they will lie to say global crash the bubble not they build the bubble....they don't plant, there is nothing to burst....
http://www.imf.org/external/pubs/ft/weo/2012/01/index.htm
World Economic Outlook (WEO)
Growth Resuming, Dangers Remain
April 2012
The April 2012 edition of the World Economic Outlook assesses the prospects for the global economy, which has gradually strengthened after a major setback during 2011. The threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area.
....extracted from web link above.
E. Michael Jones: “If credit does not make contact with human labor, the value of the credit disappears. Credit is time; credit is opportunity, but it cannot become money (which is necessary for trade) unless labor first turns it into wealth.”
May 8th, 2012
this is the meaning of printed $$ & bubble.....
human labour=economy as there is income of peole involve & hard work put in....
so for property....land $300 + build cost $250 + profit $50=$600 psf, this is economy for now...anything above that is likely bubble...if fail business, make lost, then sell below $500 is nothing....
keep pushing by snake oil salesman, if you buy & eat their koyok, you will die by poison...
use printed $$ to push up to $1000....value is not there as no labour involve, only by ponzi, it will diminish....so tharman said salary up 11% from 2001 to 2011, 10 yrs...so how much air is inside bubble......burst it's not only air inside gone, burden of debt will sofiacate you till death, pressure you till no breathe......face it, need to die, die as you should prepare for it when you decide to buy or hold....don't blame & complain....
GREEK ‘EURO EXIT’
May 8th, 2012
Greek euro exit would be catastrophe: EFSF head
May 8th, 2012
greece is small but small fire will burn the whole jungle eventually.....PIIGS will all fall & collapse the same way....
this willhappenthis yr....look at the stock market now, justb the beginning...if without printed $$ or printed $$ no more effective....or debt already too big to increase anymore to cause Euro or US$ to crash or inflation too high to print or change govt chnage policy or FED close down or....so many thing can blow off the global economy collapse....
with economy collapse what will be spore property be?? collaspe even harder....with devil behind, so we must kill the dracula devil, blood scuker, that is govt....
many knows there will be no buer now unless price cut 15-20% from last transacted price.....watch stock for next few weeks, many developers & sellers will be panic if plunge more....if they are in fear now, then next 1-3 yrs, their head will be shorted & go crazy....stop buying, let them waste their money by advertising & all salary & no sales, lte inflation eat up all their profit & no sales....wait till they cut to the bone & bleeding, let them die.....
Economic Alert: If You’re Not Worried Yet…You Should Be
May 8th, 2012
Panic in the eurozone
May 8th, 2012
Greek Stocks Plummet To 20-Year Lows
May 8th, 2012
Gerald Celente says Europe and America are about to suffer the consequencesof debt bombs and economic collapse:
May 7th, 2012
The Spanish Bank Bailout Begins
May 7th, 2012
Danger of a leaderless world
May 8th, 2012
David Stockman Interview: The Emperor Is Naked
May 8th, 2012
the world today has no good leader that can lead us to the right track & right path...only rubbish leader caused us to have US$1000trillion of debt....
with US$1000trillion of debt is not naked is what?? same to most porperty wiith huge mortgage loan whether is 60% or 80%......only when crisis comes, all naked will have no place to hide....all these weak holder will have to lost all their capital & live with huge debt, work for 30-40 yrs just to pay of their debt....
when crisis comes, all job lost, you can only hope govt chase all foreigners/FT/FW/PR out, so that you can takeover their jobs & their pay....or you will be jobless & no income....spore productivity is so low, chase out all foreigners now or no way to raise salary....the problem will be very acute as our govt love foreigners so much & they also want to convert them & their vote as govt know they will lose real big or even out in 2016....look at 2011, President election, PAP real support is below 35%......if they don't chase out fast, they will be in big trouble in next 1-3 yrs.....
when crisis comes, all job lost, you can only hope govt chase all foreigners/FT/FW/PR out, so that you can takeover their jobs & their pay....or you will be jobless & no income....spore productivity is so low, chase out all foreigners now or no way to raise salary....the problem will be very acute as our govt love foreigners so much & they also want to convert them & their vote as govt know they will lose real big or even out in 2016....look at 2011, President election, PAP real support is below 35%......if they don't chase out fast, they will be in big trouble in next 1-3 yrs.....
I am not a die hard fan of PAP. But to read that their "real support" is below 35% makes me want to question whether people here respect the election results. How can you say their support 35% when clearly 60++%% voted for them ? Are you comtemplating our legal framework and implying that there are illegal happenings during the election ?
You have to be careful about what you say.
I know you are desperately trying to (for the past 6 months) "crash" Sg property market with your daily rantings. But this step is getting overboard!
DKSG
I am not a die hard fan of PAP. But to read that their "real support" is below 35% makes me want to question whether people here respect the election results. How can you say their support 35% when clearly 60++%% voted for them ? Are you comtemplating our legal framework and implying that there are illegal happenings during the election ?
You have to be careful about what you say.
I know you are desperately trying to (for the past 6 months) "crash" Sg property market with your daily rantings. But this step is getting overboard!
DKSG
Time for basic to lim kopi?
when crisis comes, all job lost, you can only hope govt chase all foreigners/FT/FW/PR out, so that you can takeover their jobs & their pay....or you will be jobless & no income....spore productivity is so low, chase out all foreigners now or no way to raise salary....the problem will be very acute as our govt love foreigners so much & they also want to convert them & their vote as govt know they will lose real big or even out in 2016....look at 2011, President election, PAP real support is below 35%......if they don't chase out fast, they will be in big trouble in next 1-3 yrs.....
Frankly, if anyone who can use their brains will know that with 40% deposit, there is only that much risk either the property owner or the bank will undertake.
Resale transactions is picking up in April despite the current economic situation in the West. I think people are smarter now than in 2008/9 when Lehman collapsed. They now buy on the slightest hint that owners willing to accept last done +-3%.
Last week, I was negotiating a deal (for my friend) and someone parachute in to pick up the unit at valuation (I asked for valuation minus 5% after showing them Ah B's work here!). They laughed at me and tell me if market drop 15%, please tell them, they will buy WAY In Advance of me!
So, watch out guys! Singapore property is on its path towards gradual price appreciation from now till 2015! The 50% drop cited by someone who proclaim that our elections results are rigged, will never come.
DKSG
Club of Rome Report: We Are Doomed
May 8th, 2012
80-year-old Greek citizen Panagiota Makri: “I’m confused. I feel numb and confused. Only God can save us now”
Kenneth S. Rogoff, a professor of economics at Harvard: “A Greek exit would underscore that there’s no realistic long-term plan for Europe, and it would lead to a chaotic endgame for the rest of the euro zone.”
Tres Knippa of Kenai Capital Management: “What is going on in Europe is an absolute disaster…the risk-on trade is not the place to be. I want to be out of equities and very, very defensive because the situation in Europe just got worse after those elections.”
gone case liao....
final stage of cancer.....
will you loan money to them?? use your head not a.s.s.........
game over is here.....take time to unfold....
Global Reality: Surplus Of Labor, Scarcity Of Paid Work
May 7th, 2012
this is reality & very true...only rubbish like spore need to import tons of rubbish foreigners to work, only mean spore productivity su.ck big big.....
due to internet & latest technology in building & many area....cut down tons of labour work, that is why paid job globally reduces tremensdously unless a country still operate at ancient time with tons of paper work, red tape, spore is one of them.....
western world unemployment mostly above 20% now...fresh graduate unemployment at 53%, how to pay back US$1.5trillion of study loan in US alone.....
many middle managers are excess, rons of them alreday retrench in US to improve productivity as these are jiak liao bee, use mouth to work, not hands on type....only very low skill super low pay job still aplenty....high paid job unless you are real skillful...those past time, eat snake type, tons of them already cannot survive under technology supervision.....
china GDP slowly going below 8%, unemployment slowly creeping up.....
spore productivity must be 1 of the lowest in the world...see so many jobs, many foreign fools standing around, looking at each other...knock down, then paste back, then knock down again at least 4-5 rounds, finally end with koyak rubbish work.....that is our MRT, our full of holes road,our crack building, leaking pipes, falling glasses....everywhere.....
that is why spore only can survive under 0-1% interest rate...if 2% many companies will bankrupt due to lost.....plus all the fake data now, tons of worms under carpet to be dig out in crisis time....that is why or banks is in high risks with low rate...property bubble burst or recession hit, will see companies bankrupt in all sectors or once rate hike driven by gloabl loquidity shortage or crisis time, all collapse down like toufu.....by then, all the mortgage loan will be default...not many can tahan 3-4 months of no income or rental income.....
global high unemployment is here...global low income is here.....that isthe trend....that is why global hyperDEFLATION is kicking in in 2013/4......swee!!!!.....
Frankly, if anyone who can use their brains will know that with 40% deposit, there is only that much risk either the property owner or the bank will undertake.
Resale transactions is picking up in April despite the current economic situation in the West. I think people are smarter now than in 2008/9 when Lehman collapsed. They now buy on the slightest hint that owners willing to accept last done +-3%.
Last week, I was negotiating a deal (for my friend) and someone parachute in to pick up the unit at valuation (I asked for valuation minus 5% after showing them Ah B's work here!). They laughed at me and tell me if market drop 15%, please tell them, they will buy WAY In Advance of me!
So, watch out guys! Singapore property is on its path towards gradual price appreciation from now till 2015! The 50% drop cited by someone who proclaim that our elections results are rigged, will never come.
DKSG
The world will end up trying to inflate itself out of the problem and we certain faces inflation risks more than deflation like what Ah B says.
The formula is easy, pump in money, inflat salaries, prices, etc. And as a result, the debt becomes smaller ! People start to take on jobs and make MORE money.
So the best asset class to hold in such times are physical assets which move in tandem with inflation. Look at our inflation and property prices, dont they move in tandem ?
Dont be fooled that property prices will drop by 50% by 2015! Look for yourself what happened since this ranting has been going on non-stop ? Did it cause a dent to our healthy Property Market ? NO!
Singapore properties will move in a path of gradual appreciation. INcreasing 0.5-1% every month or quarter. so by 2015, you will see at least a 15% increase from now!
Government is all out to back assets owner because they are the biggest land owners. When there is a sharp decline, government will stop land sales, enbloc more properties, thereby decrease supply and increase demand!
DKSG
News:More singapore companies facing cash flow problems and delaying payments
many companies have no order now, order from oversea have been diving.....account receivable also big problem with global ruemoil going on, no money to pay up....cash flow of many companies are in big trouble...these companies have tons of debt wih banks.....high inventory, cannot clear, sell, will not get paymant....kena stuck....
big layoff, retrenchment are coming...survival now, this is global trend....demand have down tremendously, many sit in office & factory have nothing much to do, low productivity.....
company already cannot survive, still buy property?? going to lose jobs, still buy property??once cannot pay up loan, huge default will come...plus rate hike later, whole peopertry market will collapse...now is only supported by govt & developers....these manipulators & devils behind....let see how long they can fake the market, I can tell you no more time now, get out or get burnt, both economically, financially & politically.....global crisis will make them to kneel down, they will lie to say global crash the bubble not they build the bubble....they don't plant, there is nothing to burst....
Hedge Funds Betting Against the Eurozone: Why You Should Worry
May 7th, 2012
sure...all the hedge funds are ready to short big big in Euro$, all the srock index, future & stock market.....
such a great opportunity of life time.....all the empty shell, huge bubble, so much meats.....just whack hard to crash it....
S&P,moody still not yet show hands yet.....wait for it to work together....
also wait for Italy final election in 2 wks time......change govt again.....Eurpe banks will be short till suspended....
same to STI, HSI & Dow all will follow accordingly as all are linked together.....
If STI down 20-30% in next 1-3 months, do you think developers & govt & URA will shout like crazy, all sold out, sell like hot cake...snap up everything kind of rubbish....instead property agents will be super busy to call up to offer low ow price quietly....dump & run....it's only the preview, come 2013, 14 & 15......most people lost their jobs, rate at super high, globally protectionism, no trade, super high taxes, barter trade....who still bother with property price?? no food, who still care about property got tenants or not.....that is why property can go super low also no takers.....
but ah cow, do your jobs, 10k BTO this month......20 plots of lands for next 2 months, >400 units/plot.......to catch up with last few yrs shortages.....
phantom_opera
09-05-12, 15:02
STI could be down to 2,600-2,700 ... already >50% probability. This also means SIBOR will be rock bottom, CM will not come ... property market could continue to inch up due to low interest, high liquidity, lack of alternative investment as more people liquidate their stock position
10y US treasury yield already gave you a hint of what is coming:
http://chart.finance.yahoo.com/z?s=%5eTNX&t=5y&q=&l=&z=l&a=v&p=s&lang=en-US®ion=US
Nowadays I buy anything ... always tell myself ... $50 today is $25 in year 2000 :beats-me-man: M3 has gone up 140% since 2003 ... with so much money chasing assets of limited supply ... it is only a matter of time for property prices to go to 7th heaven
STI could be down to 2,600-2,700 ... already >50% probability. This also means SIBOR will be rock bottom, CM will not come ... property market could continue to inch up due to low interest, high liquidity, lack of alternative investment as more people liquidate their stock position
10y US treasury yield already gave you a hint of what is coming:
http://chart.finance.yahoo.com/z?s=%5eTNX&t=5y&q=&l=&z=l&a=v&p=s&lang=en-US®ion=US
Nowadays I buy anything ... always tell myself ... $50 today is $25 in year 2000 :beats-me-man: M3 has gone up 140% since 2003 ... with so much money chasing assets of limited supply ... it is only a matter of time for property prices to go to 7th heaven
dream & hope hard......
if youn know SRTI 2600-700 coming....then you should know STI below 1000 by 2015 is nothing.....
stupid moron.....
Somehow I keep having this feeling this basically and last time that basic are different.
This one like no charisma, even the scolding people part also Bo seh Liao.
Global Reality: Surplus Of Labor, Scarcity Of Paid Work
May 7th, 2012
this is reality & very true...only rubbish like spore need to import tons of rubbish foreigners to work, only mean spore productivity su.ck big big.....
due to internet & latest technology in building & many area....cut down tons of labour work, that is why paid job globally reduces tremensdously unless a country still operate at ancient time with tons of paper work, red tape, spore is one of them.....
western world unemployment mostly above 20% now...fresh graduate unemployment at 53%, how to pay back US$1.5trillion of study loan in US alone.....
many middle managers are excess, rons of them alreday retrench in US to improve productivity as these are jiak liao bee, use mouth to work, not hands on type....only very low skill super low pay job still aplenty....high paid job unless you are real skillful...those past time, eat snake type, tons of them already cannot survive under technology supervision.....
china GDP slowly going below 8%, unemployment slowly creeping up.....
spore productivity must be 1 of the lowest in the world...see so many jobs, many foreign fools standing around, looking at each other...knock down, then paste back, then knock down again at least 4-5 rounds, finally end with koyak rubbish work.....that is our MRT, our full of holes road,our crack building, leaking pipes, falling glasses....everywhere.....
that is why spore only can survive under 0-1% interest rate...if 2% many companies will bankrupt due to lost.....plus all the fake data now, tons of worms under carpet to be dig out in crisis time....that is why or banks is in high risks with low rate...property bubble burst or recession hit, will see companies bankrupt in all sectors or once rate hike driven by gloabl loquidity shortage or crisis time, all collapse down like toufu.....by then, all the mortgage loan will be default...not many can tahan 3-4 months of no income or rental income.....
global high unemployment is here...global low income is here.....that isthe trend....that is why global hyperDEFLATION is kicking in in 2013/4......swee!!!!.....
So low interest rates continue.....
Somehow I keep having this feeling this basically and last time that basic are different.
This one like no charisma, even the scolding people part also Bo seh Liao.
Not that Bo seh lah.. MR B now very scare kena ban again.. :D
Ah B post still very disgusting
Read his post #10954. :doh:
I sure he will kena ban again. Soon.
Ah B post still very disgusting
Read his post #10954. :doh:
I sure he will kena ban again. Soon.
You mean this one below..:doh: :doh: :doh:
robot?? bring you daughter, can sc.rew her 5x a day in any position....
that moron wasting my time.....I have much better thing to do....
phantom_opera
09-05-12, 20:56
Be careful Ah B becomes Singapore's Hannibal if property market continues to chiong ...:scared-5:
Be careful Ah B becomes Singapore's Hannibal if property market continues to chiong ...:scared-5:
only fools shout cheong like moron now....living in denial....
don't even bother to look at property till 2015 lah.....so simple rule also do not know, focus on wrong thing forever....wasting time....
look at my short in euro & Gold in last 1 week.....can bring family go round the world few round liao.....just started only....short Euro to see Euro 1= US$1 this yr.....
short Dow to below 3500 before 2015...short STI to below 1000 before 2015....
these 3 will make few S$mil easily.....
tons more not to share with morons here...bonds, commodity, curremcy.....
Ah B post still very disgusting
Read his post #10954. :doh:
I sure he will kena ban again. Soon.
ban ban lo....I already said is not my lost....is the lost of forumers here...lost tons of important news....
In next few months when global market fall down like a rock....all will hungry for such news......may be when they want to read, I should stop, hahaaa....
those who buy now & last few weeks/months....stock or property...all up lorry liao....music stop...show starts.....no more chance....
only fools shout cheong like moron now....living in denial....
don't even bother to look at property till 2015 lah.....so simple rule also do not know, focus on wrong thing forever....wasting time....
look at my short in euro & Gold in last 1 week.....can bring family go round the world few round liao.....just started only....short Euro to see Euro 1= US$1 this yr.....
short Dow to below 3500 before 2015...short STI to below 1000 before 2015....
these 3 will make few S$mil easily.....
tons more not to share with morons here...bonds, commodity, curremcy.....
At the rate you are going, we may just sponsor all your trips to the 18th Level of "Paradise" with trillions of HBN!
Market down a bit shout until like Chicken Little sky falling down.
Stocks, Currencies, Gold, commodities go up and down in cycles.
You very horse behind canon leh. Happen already then say u did this did that. If you so good, why didnt you tell us you sold ALL your properties already and at which point in time ?
No nid reply say I personal, because u start personal first by telling us about your short this short that.
I think at the end of the day, the most short thing is your brain lor!
DKSG
At the rate you are going, we may just sponsor all your trips to the 18th Level of "Paradise" with trillions of HBN!
Market down a bit shout until like Chicken Little sky falling down.
Stocks, Currencies, Gold, commodities go up and down in cycles.
You very horse behind canon leh. Happen already then say u did this did that. If you so good, why didnt you tell us you sold ALL your properties already and at which point in time ?
No nid reply say I personal, because u start personal first by telling us about your short this short that.
I think at the end of the day, the most short thing is your brain lor!
DKSG
stupid desperate moron....your whole family include your kids jump together with you, I am still live happily.....
forever personal....real moronic dog mentality.....;)
Sometimes I dont know who are the ones in denial ?
Those who missed the boat and chants here everyday ?
Or those who fantasize about 50% drop at the slightest hint of instability ?
Many here have been through the major ups and downs in our property market. They will be able to tell you that since 2008, there are many many who missed the sampan, boat, bum boat, cruise ships and oil tankers!
But many of them review the situation and were fast enough to rectify their portfolio. There are just a few who till now still thinking of 1999 prices will come back.
Just look around, did the kopi price go down in Lehman Crash ? Did the Katong Laksa ever sells cheaper than the previous month/week ?
DKSG
only fools shout cheong like moron now....living in denial....
don't even bother to look at property till 2015 lah.....so simple rule also do not know, focus on wrong thing forever....wasting time....
look at my short in euro & Gold in last 1 week.....can bring family go round the world few round liao.....just started only....short Euro to see Euro 1= US$1 this yr.....
short Dow to below 3500 before 2015...short STI to below 1000 before 2015....
these 3 will make few S$mil easily.....
tons more not to share with morons here...bonds, commodity, curremcy.....
Tsk Tsk Tsk......sounds like SELF-CLAIM......any evidence?
Greek bailout halted, Euro crashes
May 9th, 2012
Euro-zone countries considering delaying payment of €5.2 billion in bailout aid to Greece due to concerns over political turmoil. via @wsj
May 9th, 2012
with all the developement in Europe now......messy & unstable....this will lead to bank runs in Europe in near term....get ready for the domino effect to crash the world economy.....
so stay out of spore property now as global crisis will hit spore economy very badly in next 1-3 yrs, over-valued, it will down >50% before 2015.....
eventually what I posted here will unfold 1 by 1....these are the news & things will actually bring down spore propertyn price...that is global economy crisis & collapse will plunge spore property price to down >50%.......so stop buying.....
What did happen in Spain today? What is causing Spanish bonds to go down so much?
May 9th, 2012
This Is The Chart That’s Causing Spain To Get Clobbered Today
May 9th, 2012
spain CDS went above 6% again....who dare to buy?? it will surge hugher in next few weeks.....
who dare to loan $$ to PIIGS?? no way they can pay back beside ponzi scheme, but once the chain is broken....all country will collapse....from this yr, we will see all these unfold 1 by 1....
so stop buying property....as these events develop, it will eventually crash world economy due to globalisation, all is linked now....almost all are as bad, from US to Europe to Japan, china, spore.....spore property will be badly hit soon....property price already down, no buyers now, artificially support by developer & govt now, pump in more good news to lure fools in......don't get caught...once global market collapse, they can't & dare not support anymore, crash will be super hard....ponzi scheme over like sunshine empire...who is the bigger yet bo tai chi??.......
Tsk Tsk Tsk......sounds like SELF-CLAIM......any evidence?
hahaaaa.....I said 2-3 months ago...I even said it on Monday....but not important as I said...no personal things in this thread....since they put words in my mouth, I just disclose a bit...but you can take it as nothing happen as no personal thing to be discuss & disclose here......
so no own how many or buy or sell at what price...make or lost how much....in this thread...just on view, information, analysis.......;)
phantom_opera
10-05-12, 09:28
The bust of Europe (including UK) is actually inevitable. The bust of US also is inevitable. It is the bust of unsustainable lifestyle .. it will happen sooner or later. US in not in any danger now simply because USD is reserve currency and US still has the strongest military of the world.
So bust of Europe and UK are going to happen now or next few years. It is sort of expected and factored into the property market already.
Is it bad for Singapore?? Not necessary, funds will shift into Asia once the dust settles ... :cheers1:
And US bust is not in the radar yet
Ah B post still very disgusting
Read his post #10954. :doh:
I sure he will kena ban again. Soon.
only katoey behave this way. that is why many mention about changi village. man and lady never come out such vulgar words.
Mr.B mouth very stinks.
only katoey behave this way. that is why many mention about changi village. man and lady never come out such vulgar words.
Mr.B mouth very stinks.
What is katoey? :confused:
Dialect, Malay or Chinese word?
Why still invest in properties in London? Should wait a bit longer.;)
The bust of Europe (including UK) is actually inevitable. The bust of US also is inevitable. It is the bust of unsustainable lifestyle .. it will happen sooner or later. US in not in any danger now simply because USD is reserve currency and US still has the strongest military of the world.
So bust of Europe and UK are going to happen now or next few years. It is sort of expected and factored into the property market already.
Is it bad for Singapore?? Not necessary, funds will shift into Asia once the dust settles ... :cheers1:
And US bust is not in the radar yet
What is katoey? :confused:
Dialect, Malay or Chinese word?
meaning= ladyboy in thai
Things In Europe Just Getting Worse By The Minute
05/09/2012
Europe's Stigmatized Banks On The Verge Of Crucifixion
05/09/2012
sure...Europe is sinking every day & minutes from now...whether is new govt in Frabce or Greec....or banks collapse in Spain...more to come in Italy & the rest of PIIGFS & Europe....
Europe will pull down the world, no doubt about it...time already started, music already stop....will see global market & economy sinking deeper & deeper....banks runs going to start...followed by sovereignity.....spread to global stock, property, currency, bonds, debt....all bubble burst in next 1-3 yrs...then global growth halt for next 20 yrs due to debt payment burden....
so stop buy spore porperty...already no buyers, govt & developers try all micky mouse tricks to support price & volume thru' all govt controlled media...now already not sustainable as all fools almost all hook, no greater fools around now.....global crisis start to hit....they have to run fast or will get stuck with few $10B of property.....resale sellers also realised after advertised for past 6-9 months, market is not moving at all.....all start to cut price & go into price war....stop buy, let them fight, once Europe red light is up....all gone & down....many sellers already cut deeper try to dump & get out...many list >10% below valuation now, most sales sole below valuaiton...COV down, valuaiton also down..... no more time for them to run,sell now likely will not complete transaction as Europe is exploding by then.....
The bust of Europe (including UK) is actually inevitable. The bust of US also is inevitable. It is the bust of unsustainable lifestyle .. it will happen sooner or later. US in not in any danger now simply because USD is reserve currency and US still has the strongest military of the world.
So bust of Europe and UK are going to happen now or next few years. It is sort of expected and factored into the property market already.
Is it bad for Singapore?? Not necessary, funds will shift into Asia once the dust settles ... :cheers1:
And US bust is not in the radar yet
continue to dream & hold tight tight....
when you wake up....all spore porperty price already down>50%....
nothing new.....market has no mercy.....
only moron think global collapse, spore is still ok....spore is the most vulnerable to external economy in the world......
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