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latour
03-10-12, 16:01
"Outlook of Property Market 2012/2013"
Starting to talk about property market outlook 2013 already, what do you think?

http://creative.asiaone.com/2012/IA/ST701_IA121003/index.html
carbuncle
03-10-12, 16:12
Core central pick up pace. Outside area flatline. rental up all around. my predictions.
condolisa
03-10-12, 16:19
Core central pick up pace. Outside area flatline. rental up all around. my predictions.
How about landed?
carbuncle
03-10-12, 16:26
never looked at that segment so no comments :p
condolisa
03-10-12, 16:42
I am not a landed person either but agent is trying to sell my friend one :p
dtrax
03-10-12, 17:07
http://farm9.staticflickr.com/8313/8049863260_9f0a453c59_b.jpg
dtrax
03-10-12, 17:09
well if I were to based on the PPI charts alone, I will start to hunt for uncompleted CCR/RCR. Any comments?
sh
03-10-12, 17:14
http://farm9.staticflickr.com/8313/8049863260_9f0a453c59_b.jpg

Hmmm... uncompleted OCR higher than uncompleted RCR:jaw-dropping:

What is this world coming too...

Quick quick go buy RCR:D
phantom_opera
03-10-12, 17:17
i am rich in debt, total US Federal debt to GDP is 103%. And rising about 1.5% per month so in another 10m, US debt to GDP will be 118%, another 20m, 133%, another 30m, 148% :scared-4:



http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/09-2/Debt%20to%20GDP%2010.2.2012_0.jpg
dtrax
03-10-12, 17:20
Hmmm... uncompleted OCR higher than uncompleted RCR:jaw-dropping:

What is this world coming too...

Quick quick go buy RCR:D

Inline with URA flash estimates: http://www.ura.gov.sg/pr/graphics/2012/pr12-112b.pdf

Sooner or later, pple will pay the catch up game
Ringo33
03-10-12, 17:22
well if I were to based on the PPI charts alone, I will start to hunt for uncompleted CCR/RCR. Any comments?
uncompleted properties are very dependent on the projects which developers are launching, this is especially volatile in CCR region because psf price could range from >4000psf to <1500psf.

A better indicator will be the completed project because it takes into account the average involving the full spectrum of property segment within the region.

And yes, CCR should be the hot sector in 2013 due to the narrowing gap between CCR and OCR property
dtrax
03-10-12, 17:30
uncompleted properties are very dependent on the projects which developers are launching, this is especially volatile in CCR region because psf price could range from >4000psf to <1500psf.

A better indicator will be the completed project because it takes into account the average involving the full spectrum of property segment within the region.

And yes, CCR should be the hot sector in 2013 due to the narrowing gap between CCR and OCR property

I did a check before based on the transactions for completed n BUC CCR projects on the last 1 yr, 2/3 of the transacted units are <2k psf range:

0-1499 psf: 1031 units
1500-1999 psf: 1495 units
2000-3000 psf: 1087 units
>3001 psf: 175 units
Total: 3788 units
dtrax
03-10-12, 17:31
http://farm9.staticflickr.com/8039/8049882141_8d186e1c92_b.jpg
Ringo33
03-10-12, 17:37
I did a check before based on the transactions for completed n BUC CCR projects on the last 1 yr, 2/3 of the transacted units are <2k psf range:

0-1499 psf: 1031 units
1500-1999 psf: 1495 units
2000-3000 psf: 1087 units
>3001 psf: 175 units
Total: 3788 units

I would say that for long term investment, <2000psf will be a safer bet as it is less reliant on foreign buyer. that my 2 cents
chestnut
03-10-12, 18:05
well if I were to based on the PPI charts alone, I will start to hunt for uncompleted CCR/RCR. Any comments?

Bro, your this statement is subjective. Depends on pricing relative to existing completed project.

I think the next hot area will be tanglin because of prince charles land bid price. Expected price will be about 1.7K taking sky habitat as ref. So place like Metro, Tanglin View/regency will do catch up when they launch.

I feel OCR climb like crazy, so people will be looking at RCR then move towards CCR.
carbuncle
03-10-12, 18:11
I scream yogurt!!!!!!!!!
Ringo33
03-10-12, 18:13
Bro, your this statement is subjective. Depends on pricing relative to existing completed project.

I think the next hot area will be tanglin because of prince charles land bid price. Expected price will be about 1.7K taking sky habitat as ref. So place like Metro, Tanglin View/regency will do catch up when they launch.

I feel OCR climb like crazy, so people will be looking at RCR then move towards CCR.

dont waste time lah. If you want to buy, dont just buy CCR, buy central region if you are looking for older projects, which has lesser restriction.
chestnut
03-10-12, 18:21
dont waste time lah. If you want to buy, dont just buy CCR, buy central region if you are looking for older projects, which has lesser restriction.

What restrictions you referring to?:confused:
Ringo33
03-10-12, 18:38
What restrictions you referring to?:confused:

my bad, it should be central area. where there is not restriction on the average unit size. So developer can build as many MM units as they wish.
radha08
03-10-12, 22:39
I scream yogurt!!!!!!!!!

what happened to...:D

http://www.leewardlaw.com/scream_pics/Ice-Cream-Cones.jpg
buttercarp
03-10-12, 23:11
I scream yogurt!!!!!!!!!

what happened to...:D

http://www.leewardlaw.com/scream_pics/Ice-Cream-Cones.jpg

Uncle is now in the healthcare sector taking care of his health.
So must set good example mah.
dtrax
03-10-12, 23:47
what happened to...:D

http://www.leewardlaw.com/scream_pics/Ice-Cream-Cones.jpg

That's my line!
carbuncle
04-10-12, 08:23
exactly! I oso don steal others line one