View Full Version : What would you do with sgd$6million ?
Hypothetical question :-
What would you do with SGD$6million for investment purpose and how would you structure the portfolio?
Thanks! :)
$6m in precious metals: 70% Gold, 30% Silver
100% in physical bullion
$6m in precious metals: 70% Gold, 30% Silver
100% in physical bullion
Haiz.. you beat me to the reply haha.. my ratio a bit different:
30% Gold, 10% Silver, 10% Equities, 50% CASH for spending and retirement money :o
Hypothetical question :-
What would you do with SGD$6million for investment purpose and how would you structure the portfolio?
Thanks! :)
I will leverage it and buy 10 million worth of properties.
I will leverage it and buy 10 million worth of properties.
Yes, overseas properties in Australia, US and UK, but not asia, and definitely not Singapore.
In addition to precious metals, I suggest commodities, equities and risky foreign curriencies as well.
put everything in CPF, cos every month see statement will be very happy according to some sia suay minister
:scared-2:
120KG of GOLD
$6m in precious metals: 70% Gold, 30% Silver
100% in physical bullion
put everything in CPF, cos every month see statement will be very happy according to some sia suay minister
:scared-2:
Ok.. I think your suggestion is the dumbest of them all! :P Even if it's meant to be sarcastic..
Put everything into CPF so that govt can control how much you spent? and worse.. now is after 65yrs old.. u are only allowed to draw out 50% max right? ..And at 65yrs old somemore...
I have minimal CPF savings and I would like to leave it at that :)
All here are Gold Bugs ... only 1 suggested property in a property forum.. haha..
I've also been thinking of buying properties but Singapore properties too expensive and rental yield not good. So now, I temporarily park everything in equities and bonds .. and hopefully can shift out to properties when it becomes cheaper. Just my opinion.
So my gameplan is everytime I hit $400k profit, I will take out the profit and put downpayment of 30% for a property and loan the rest. So my portfolio will ultimately shift to become only properties with no equities and bonds.
I will leverage it and buy 10 million worth of properties.
You will need to be very young and have enough income for the banks to loan you the remaining $4m.
So now, I temporarily park everything in equities and bonds .. and hopefully can shift out to properties when it becomes cheaper. Just my opinion.
How much do you park in in equities and bonds to yield $400k?
hi focus,
depends on the risk profile and age group...
risk profile:
========
if low risk profile (i.e. cannot sleep if lose a bit of capital moneies), just expose 10-30% to equities and properties... the rest put in bonds / money market, low risk of losing the capital, but high risk of becoming smaller in value due to inflation....
if med risk, then 50-50%.
if high risk, then 70-30%.
age group:
========
30-40s: suggest to be in high risk group, coz time horizon allows some risk to get to age group of > 70
40-50s: med risk group, coz not many up-down economic cycles left in time horizon to get to age group of > 70
50-60s: low risk, dun wan to lose capital at this point, to get to age group of > 70
60-70s: super low risk, to get to age group of > 70
> 70 onwards: leave 1 mil to kids, then plan how to spend the 5mil, including to charity, etc etc...
juz my tots...
have fun,
fc
move to australia(western).
move to australia(western).
Do you need S$6M to migrate to Australia?
If you are keen to do so, you can do so anything.
How much do you park in in equities and bonds to yield $400k?
The hypothetical amount..
Property_Owner
13-10-09, 17:51
not enough to buy ardmore park:doh:
not enough to buy ardmore park:doh:
What to do.. I not at your level yet..
so have to think of ways to optimise the money :)
Who doesn't want to buy sentosa cove or ardmore if got the money.. sob sob sob
That's why need to come here to listen to how you guys structure your investment portfolio to learn more.. learn from the best. :)
What to do.. I not at your level yet..
so have to think of ways to optimise the money :)
Who doesn't want to buy sentosa cove or ardmore if got the money.. sob sob sob
That's why need to come here to listen to how you guys structure your investment portfolio to learn more.. learn from the best. :)
then cannot follow me. i crazy one as i'm too poor
60% cash, 30% gold, 10% silver
i count property as a liability, not an asset.
then cannot follow me. i crazy one as i'm too poor
60% cash, 30% gold, 10% silver
i count property as a liability, not an asset.
Don't worry. I'm not following you!
I'm just gathering information on how property investors allocate their capital. :)
Always good to have an open mind and shorten the learning curve.
new2mondrian
14-10-09, 09:00
80% equities (index funds and asian focused stocks weighted on the banking and transport sector); 20% in SGP bonds and precious metals.
The dividends arising from the equities: to fund my properties. :)
new2mondrian
14-10-09, 09:07
All here are Gold Bugs ... only 1 suggested property in a property forum.. haha..
I've also been thinking of buying properties but Singapore properties too expensive and rental yield not good. So now, I temporarily park everything in equities and bonds .. and hopefully can shift out to properties when it becomes cheaper. Just my opinion.
So my gameplan is everytime I hit $400k profit, I will take out the profit and put downpayment of 30% for a property and loan the rest. So my portfolio will ultimately shift to become only properties with no equities and bonds.
if u talk about yield (strictly in terms of rental income and NOT capital gains), property sucks. u need a balanced portfolio, and the portfolio cannot be consisting solely of properties.
even IF one manages to lease out all properties at the same time, the yield is at best 2-3%; after deducting property taxes, maintenance charges, upkeep of rental property, agent fees, and the income tax component on rental income. investment to me is all about managed risk and yield. my 2 cents.
if u talk about yield (strictly in terms of rental income and NOT capital gains), property sucks. u need a balanced portfolio, and the portfolio cannot be consisting solely of properties.
even IF one manages to lease out all properties at the same time, the yield is at best 2-3%; after deducting property taxes, maintenance charges, upkeep of rental property, agent fees, and the income tax component on rental income. investment to me is all about managed risk and yield. my 2 cents.
Gold/Metal is worse than property and shares. Property has rental while shares has dividends. Gold/metal has 0% yield or even negative yield.
new2mondrian
14-10-09, 09:50
Gold/Metal is worse than property and shares. Property has rental while shares has dividends. Gold/metal has 0% yield or even negative yield.
totally agree. gold/metal should be part of risk management strategy and never about yield. that's why I was amazed to see so many goldbugs here.
You will need to be very young and have enough income for the banks to loan you the remaining $4m.
If you fully pay up 5 million worth of properties - should be able to get around 50-60% mortagage based on these fully paid properties held as collateral even without a very high income and there is another 1 million left to be paid a deposit for the remaining purchases. So total value of 9 million might be possible without being a big earner or too young
if u talk about yield (strictly in terms of rental income and NOT capital gains), property sucks. u need a balanced portfolio, and the portfolio cannot be consisting solely of properties.
even IF one manages to lease out all properties at the same time, the yield is at best 2-3%; after deducting property taxes, maintenance charges, upkeep of rental property, agent fees, and the income tax component on rental income. investment to me is all about managed risk and yield. my 2 cents.
Gold has only started moving recently after a super long hibernation and it may go into another long hibernation in time to come. IT has been proven that only 5-10% of investors will make money in stocks in the very long term and that too you need to be very savvy or have lots of luck. So the safest and best investment which may be the least exciting but with reasonable long term returns is property. Many Singaporeans and people all over the world became rich through property and not through stocks, gold, silver or other investments.
if u talk about yield (strictly in terms of rental income and NOT capital gains), property sucks. u need a balanced portfolio, and the portfolio cannot be consisting solely of properties.
even IF one manages to lease out all properties at the same time, the yield is at best 2-3%; after deducting property taxes, maintenance charges, upkeep of rental property, agent fees, and the income tax component on rental income. investment to me is all about managed risk and yield. my 2 cents.
Wow! You are an agrressive equities person! :) 80% of investment portfolio in equities alone. But like you say.. managed risk..
Yes, I was saying rental yields here are low and thus, properties is expensive. But I buy properties for capital gain, the rental is to sustain the installment only. Though I would opt for new launches so I can have the opportunity to exit before TOP to compound the money.
Hope to become like property_owner.. looking at the number of properties he have thru the forum threads.. think he is damn rich and savvy property investor. Imagine owning a Ardmore Park apartment and then got MBR unit as well.. easily worth >$10mil.
If you fully pay up 5 million worth of properties - should be able to get around 50-60% mortagage based on these fully paid properties held as collateral even without a very high income and there is another 1 million left to be paid a deposit for the remaining purchases. So total value of 9 million might be possible without being a big earner or too young
Hmm... how come I never think of that! :)
It's actually quite safe to leverage this way ..
The loan amount can be financied by the rental from the financied properties.. in the event that rental not enough to cover, can use the cashflow from the fully paid up properties to finance the loan.
All here are Gold Bugs ... only 1 suggested property in a property forum.. haha..
I've also been thinking of buying properties but Singapore properties too expensive and rental yield not good. So now, I temporarily park everything in equities and bonds .. and hopefully can shift out to properties when it becomes cheaper. Just my opinion.
So my gameplan is everytime I hit $400k profit, I will take out the profit and put downpayment of 30% for a property and loan the rest. So my portfolio will ultimately shift to become only properties with no equities and bonds.
That is provided it is easy to make money in equities. My 25 yrs experience has proven stock investments to be one big merry go round. Lose , win, lose, win and in the end back to square one. All excitement but no profit at the end of it. By the time property prices come down to a level attractive to you, you might be stuck with depressed equities. When stock values recover, property values would have shot up as well. The ideal is perfect exit and entry into such investments but this hardly happens and ideals will remain ideals.
I will buy 4 properties cost 1 mil each, rental abt $3.5k each but -$350each for maintainance fee. so all in total about $12-$13k per month. quite decent income. $600k for shares and $400k for bonds and I still have 1 mil in my bank account.
Property_Owner
14-10-09, 14:16
Gold has only started moving recently after a super long hibernation and it may go into another long hibernation in time to come. IT has been proven that only 5-10% of investors will make money in stocks in the very long term and that too you need to be very savvy or have lots of luck. So the safest and best investment which may be the least exciting but with reasonable long term returns is property. Many Singaporeans and people all over the world became rich through property and not through stocks, gold, silver or other investments.
Property is about holding power.
Hmm... how come I never think of that! :)
It's actually quite safe to leverage this way ..
The loan amount can be financied by the rental from the financied properties.. in the event that rental not enough to cover, can use the cashflow from the fully paid up properties to finance the loan.
As long as you get prime properties, getting them rented out should never be a problem though the yield may vary. Rentals based on the average yield for 9 million worth or properties should be more than enough to cover the installments for the 3 -4 million loan.
I will buy 4 properties cost 1 mil each, rental abt $3.5k each but -$350each for maintainance fee. so all in total about $12-$13k per month. quite decent income. $600k for shares and $400k for bonds and I still have 1 mil in my bank account.
Sounds good but I will get one more 1 million property and do without the bonds and cut down my cash holdng to 1/2 million - more than enough if you have 15k nett rent coming in every month. 600k for stocks ok as it can keep you occupied and some excitement is good.
What about investment properties like shop house or retail? Isn't the yield much higher?
Property_Owner
14-10-09, 15:20
What about investment properties like shop house or retail? Isn't the yield much higher?
shop house not bad. abt 8 to 10 % yield but capital gain not so fast
shop house not bad. abt 8 to 10 % yield but capital gain not so fast
Not those that I know of, especially those with good yields. Another thing about shops or retail, the tenant actually improves your property, try renting out your old broken ram shackle HDB shop house to an ID company, viola, free renovation :D unlike stupid residential tenant, who leave your multi million dollar private property in a mess.
Property_Owner
14-10-09, 15:45
Not those that I know of, especially those with good yields. Another thing about shops or retail, the tenant actually improves your property, try renting out your old broken ram shackle HDB shop house to an ID company, viola, free renovation :D unlike stupid residential tenant, who leave your multi million dollar private property in a mess.
For shop house, best to buy those facing a busy road, e more noisy and dusty e best. then rent out to ID company. They just love this kind of facing. Exposure to them. rent low first for 1 year, then slowly increase e rent, since they had spend so much renovating the place and want to hold on to that area, they will suck thumb and pay the rent. I had been going so. :D :D :D
For shop house, best to buy those facing a busy road, e more noisy and dusty e best. then rent out to ID company. They just love this kind of facing. Exposure to them. rent low first for 1 year, then slowly increase e rent, since they had spend so much renovating the place and want to hold on to that area, they will suck thumb and pay the rent. I had been going so. :D :D :D
Yeah agree, anybody bought shop units at The Lenox?
That is provided it is easy to make money in equities. My 25 yrs experience has proven stock investments to be one big merry go round. Lose , win, lose, win and in the end back to square one. All excitement but no profit at the end of it.
That is correct.
Equities is the lousiest investment of all time. I've said before that companies, like humans, have a life cycle. They are born, grow, mature, get sick and then die. In fact the average lifespan of companies, around 50 years, is less than human life expectancy.
If Shakespeare had invested his life savings in companies that existed during his time, his descendents would have nothing left. On the other hand, if he had bought some small plots of land around Buckingham Palace ...
Only people whose rice-bowls depend on equities, e.g. analysts, fund managers, business school professors and entrepreneurs raising IPO capital, will tell you that equities is a good investment.
The people who gain most from equities are, in order of gain:
1. Entrepreneurs who list their companies;
2. Angel Investors;
3. Venture Capitalists; and
4. Fund Managers who have early access to preferential pricing before IPO.
Anyone who buys after that is, on average (I say on average), participating in the decline and eventual demise of the company.
Kodak is (as good as) gone. Suddenly.
Microsoft ... I don't think it will be around for long.
Google :scared-4: ... good luck to you. (If anyone gives me $6 million worth of Google shares tomorrow, the first thing I'll do is to sell it and convert into one Seven Palms condo at Sentosa Cove).
http://www.channelnewsasia.com/imagegallery/store/phpnUBXNC.jpg
If you fully pay up 5 million worth of properties - should be able to get around 50-60% mortagage based on these fully paid properties held as collateral even without a very high income and there is another 1 million left to be paid a deposit for the remaining purchases. So total value of 9 million might be possible without being a big earner or too young
Correct, this is what the banks regard as "Asset based financing". In normal circumstances ((not "extraordinary times" like beginning of the year, when the banks were a bit "kiasi". However, they will still lent but at a lower value)), banks will have no problem lending you around 50% of the valuation.
So if you have the cash, it is preferable to hold properties and leverage 50% to buy a few more properties than to buy equities?
What if you hold equities for just one cycle, not forever? Buy equities for this bull cycle..and then sell all and convert to properties.
Anyway, i agree with you guys that properties are good if you have holding power and also easier to make money long term. That is why I am looking to switch out of equities soon.. Very stressful ... Not like properties where you can sleep well knowing that your properties won't run away tomorrow.
With this money, you can also buy a condo unit in Hong Kong for S$20,000 psf (HK$100,000 psf).
All interested parties may visit the following website to view their dream(s).
http://www.39conduitroad.com.hk/index.html
With this money, you can also buy a condo unit in Hong Kong for S$20,000 psf (HK$100,000 psf).
All interested parties may visit the following website to view their dream(s).
http://www.39conduitroad.com.hk/index.html
If I am the "property agent from Brazil", then you must be the "property agent from Hong Kong"!
Below is the latest confirmed sale: US$ 57 million (S$ 80 million) for a 6,158 sf Hong Kong apartment, or almost S$ 13,000 psf !!! :scared-4:
By contrast, The Sail's latest S$2,850 psf and Seven Palm's S$3,400 psf look like ... HDB flat prices. :scared-4: :scared-2:
The Straits Times
Oct 14, 2009
HK suite sells for US$57m
http://www.straitstimes.com/STI/STIMEDIA/image/20091014/conduit-reuters.jpg
HONG KONG - IT'S A price tag that would make even New Yorkers and Londoners gasp - nearly US$57 million for an outsized luxury apartment in one of Hong Kong's wealthiest neighbourhoods.
A five-bedroom duplex suite with as much as 6,158 square feet was sold Wednesday to an unidentified buyer from mainland China, said the developer, Henderson Land Development, a major Hong Kong property company. It claims the apartment is the most expensive in Asia by square foot.
Aside from an aroma spa centre, fitness room, outdoor yoga gym and grand harbour views, the new homeowner will enjoy an exclusive address in the hills of Hong Kong's main island - 'a majestic realm for the city who's who', according to a statement from the developer.
The deal comes at time when Hong Kong real estate, benefiting from mainland China's booming market and easy money sloshing through the world financial system, is surging and inspiring talk of a bubble.
The city has long had one of the world's most expensive property markets, with prices that many local residents are hard pressed to afford. About 47 per cent of Hong Kong lives in publicly subsidised housing, according to government data. -- AP
shop house not bad. abt 8 to 10 % yield but capital gain not so fast
interest rate for commercial property loans are also higher ~
Uh.. my money is too small to consider those HK units..
I already think Singapore housing is too expensive... let alone HK.
If I am the "property agent from Brazil", then you must be the "property agent from Hong Kong"!
Below is the latest confirmed sale: US$ 57 million (S$ 80 million) for a 6,158 sf Hong Kong apartment, or almost S$ 13,000 psf !!! :scared-4:
By contrast, The Sail's latest S$2,850 psf and Seven Palm's S$3,400 psf look like ... HDB flat prices. :scared-4: :scared-2:
The Straits Times
Oct 14, 2009
HK suite sells for US$57m
http://www.straitstimes.com/STI/STIMEDIA/image/20091014/conduit-reuters.jpg
HONG KONG - IT'S A price tag that would make even New Yorkers and Londoners gasp - nearly US$57 million for an outsized luxury apartment in one of Hong Kong's wealthiest neighbourhoods.
A five-bedroom duplex suite with as much as 6,158 square feet was sold Wednesday to an unidentified buyer from mainland China, said the developer, Henderson Land Development, a major Hong Kong property company. It claims the apartment is the most expensive in Asia by square foot.
Aside from an aroma spa centre, fitness room, outdoor yoga gym and grand harbour views, the new homeowner will enjoy an exclusive address in the hills of Hong Kong's main island - 'a majestic realm for the city who's who', according to a statement from the developer.
The deal comes at time when Hong Kong real estate, benefiting from mainland China's booming market and easy money sloshing through the world financial system, is surging and inspiring talk of a bubble.
The city has long had one of the world's most expensive property markets, with prices that many local residents are hard pressed to afford. About 47 per cent of Hong Kong lives in publicly subsidised housing, according to government data. -- AP
有无搞错啊!
新加坡 S$3,400 psf 咁便?
香港已经 S$13,000 psf 啦!
With this money, you can also buy a condo unit in Hong Kong for S$20,000 psf (HK$100,000 psf).
All interested parties may visit the following website to view their dream(s).
http://www.39conduitroad.com.hk/index.html
If the pair of top units at 88th storey are too expensive at S$20,000 psf, one can choose the cheaper mid-level unit at S$13,000 psf.
http://www.thestandard.com.hk/images/std_logo.gif
Top of the Pile
Alfred Liu
The Standard
Hong Kong
Wednesday, 14 October 2009
http://www.thestandard.com.hk/newsimage/20091014/5_2009101322544694573conduit.jpg
Prices for luxury properties in Hong Kong are now firmly at a sky-high level, a fact confirmed yesterday as a developer slapped a price of more than HK$63,000 psf on a premium apartment in Mid-Levels.
That will make it the highest-priced penthouse in Asia - and it is not even on top of the building.
The top-of-the-pile tab was revealed as Henderson Land Development (0012) released the first price list for its residential project 39 Conduit Road yesterday. On it was the HK$357.7 million, 5,636-sq-ft duplex. That means a square- foot record of HK$63,473.
Another duplex, 5,131 sq ft and also on the 66th floor of the 88-story building, is listed at HK$311.4 million, or HK$60,696 psf.
In June last year, Sun Hung Kai Properties (0016) sold a 5,497-sq-ft penthouse at The Arch, atop Kowloon MTR Station for HK$41,100 psf - a record for Asia.
The pattern of soaring prices is setting off alarms as well as expressions of amazement.
Lui Hon-kwong, associate professor of marketing and international business at Lingnan University, warned of the danger of a price bubble in the property market, which is drawing huge inflows of cash from super-rich mainlanders.
"A price bubble is determined by the mainland government's policy direction," he said. "If it does not support people in investments, our property market will lose ground and prices will plunge."
Still, Eddie Hui Chi-man of Polytechnic University's department of building and real estate notes that the sale of expensive homes by Henderson is at the upper extremes of the property market and should not have a bearing on the mass market.
"Some super-rich people are chasing luxury homes like others collect paintings and wine because they are rare," Hui said.
"The property market is recovering ahead of the real economy, however, and people can afford mortgage payments."
Besides the two premium duplex homes, Henderson also set prices for 18 "regular" homes in the block - sized at 2,808 and 3,284 sq ft - from HK$73.4 million to HK$137.9 million. The developer's sales general manager, Thomas Lam Tat-man, said the company will set about securing sales as early as this afternoon.
Customers have shown interest in 20 to 30 apartments, Lam said. They are negotiating up to HK$70,000 psf for the most expensive unit.
The project has a total of 66 homes sized from 2,800 to about 7,600 sq ft, with two penthouses on the 88th floor still to be priced. Henderson has suggested it could be seeking a staggering HK$100,000 psf for the loftiest pair.
The firm intends to sell 40% of the homes this year, which would bring in about HK$4 billion. Lam predicts a 10% increase in prices for homes sold later.
Midland Realty regional sales director Jimmy Lee said the prices asked by Henderson will not deter buyers. "Housing supply in Mid-Levels is very limited and investors have long been waiting for new units."
If I am the "property agent from Brazil", then you must be the "property agent from Hong Kong"!
Below is the latest confirmed sale: US$ 57 million (S$ 80 million) for a 6,158 sf Hong Kong apartment, or almost S$ 13,000 psf !!! :scared-4:
By contrast, The Sail's latest S$2,850 psf and Seven Palm's S$3,400 psf look like ... HDB flat prices. :scared-4: :scared-2:
The Straits Times
Oct 14, 2009
HK suite sells for US$57m
http://www.straitstimes.com/STI/STIMEDIA/image/20091014/conduit-reuters.jpg
HONG KONG - IT'S A price tag that would make even New Yorkers and Londoners gasp - nearly US$57 million for an outsized luxury apartment in one of Hong Kong's wealthiest neighbourhoods.
A five-bedroom duplex suite with as much as 6,158 square feet was sold Wednesday to an unidentified buyer from mainland China, said the developer, Henderson Land Development, a major Hong Kong property company. It claims the apartment is the most expensive in Asia by square foot.
Aside from an aroma spa centre, fitness room, outdoor yoga gym and grand harbour views, the new homeowner will enjoy an exclusive address in the hills of Hong Kong's main island - 'a majestic realm for the city who's who', according to a statement from the developer.
The deal comes at time when Hong Kong real estate, benefiting from mainland China's booming market and easy money sloshing through the world financial system, is surging and inspiring talk of a bubble.
The city has long had one of the world's most expensive property markets, with prices that many local residents are hard pressed to afford. About 47 per cent of Hong Kong lives in publicly subsidised housing, according to government data. -- AP
Freehold or not?
Freehold or not?
All Hong Kong properties are on a 50-year leasehold term.
Perhaps Singapore can offer 3 alternatives, namely 99-year leasehold, 999-year leasehold and freehold, to these buyers?
All Hong Kong properties are on a 50-year leasehold term.
Perhaps Singapore can offer 3 alternatives, namely 99-year leasehold, 999-year leasehold and freehold, to these buyers?
One of reason attracted the buyers to sgp.??
FH,999,or 99LH. Plus no natural-disasters.:D
Considered cheap to them la in a way then
proud owner
14-10-09, 23:55
One of reason attracted the buyers to sgp.??
FH,999,or 99LH. Plus no natural-disasters.:D
Considered cheap to them la in a way then
on one hand good to have rich people here
on the other hand , mainlanders speak really loud .. i cannot tahan ... not sure if anyone share the same observations
proud owner
14-10-09, 23:57
on one hand good to have rich people here
on the other hand , mainlanders speak really loud .. i cannot tahan ... not sure if anyone share the same observations
i was recently in London ..Bond Street ... my goodness ...the number of mainlanders shopping there are just crazy .. easily made up 30 pcts ...
and all youngsters .. not those auntie/uncle type ...
on one hand good to have rich people here
on the other hand , mainlanders speak really loud .. i cannot tahan ... not sure if anyone share the same observations
not just loud, is f-loud ... buay tahan
proud owner
15-10-09, 00:56
not just loud, is f-loud ... buay tahan
i was in Zhu hai once ... at a resort .. enjoying the hotspring ..sitting on a bounder with warm water streaming down on my shoulder ..damn mainland woman came sat next to me and starting inching closer .. i didnt feel comfortable and move a bit and she eventually squeeze me off my spot and took over the bouinder ...
有无搞错啊!
新加坡 S$3,400 psf 咁便?
香港已经 S$13,000 psf 啦!
I am getting a deja vu feeling similar to end 2006 ...
http://i305.photobucket.com/albums/nn211/jlrx_bucket/6a6a01c8.jpg
I am getting a deja vu feeling similar to end 2006 ...
..........
Yes, deja vu.
Excluding the recent mass-market run-up, the whole market (local and regional alike) gives you a feeling that you are back in 2006, going into 2007.
Err ... you may want to consider calling that agent after Christmas regarding your CCR/prime Soleil ... maybe next July, just like the old days back in July 2007?
DO NOT SELL your property especially prime ones OR you shall regret by Christmas 2009.
".... 2 months to Christmas 2009 ... let's see if 2010 will be like 2007 bull run....
US$ depreciating fast.... government like China spending (get rid of ) their depreciating US$ reserve as fast as possible all over the places on resource, asset.... assume the fund and the rich will be doing similar ? ...."
That is correct. You can see how China is spending by the scale of their massive infrastructural projects all around the mainland- this does not include the huge subsidies given to their people for property, cars and even computers. Those who qualified for the benefits are not the poor only. It is like a bloated stomach, you need to release the darn stuffs anyhow and quick !
Property_Owner
15-10-09, 09:57
interest rate for commercial property loans are also higher ~
I dun loan for commercial. Also most of the time max loan only 60 to 70%. So might as well dun take.
Property_Owner
15-10-09, 09:59
One of reason attracted the buyers to sgp.??
FH,999,or 99LH. Plus no natural-disasters.:D
Considered cheap to them la in a way then
also china will not call back singapore as part of them, i scare of HK. What if one day kena recall manning
Property_Owner
15-10-09, 10:05
So if you have the cash, it is preferable to hold properties and leverage 50% to buy a few more properties than to buy equities?
What if you hold equities for just one cycle, not forever? Buy equities for this bull cycle..and then sell all and convert to properties.
Anyway, i agree with you guys that properties are good if you have holding power and also easier to make money long term. That is why I am looking to switch out of equities soon.. Very stressful ... Not like properties where you can sleep well knowing that your properties won't run away tomorrow.
Use 5m and leverage the rest to buy a whole floor unit in the Sail. When prices goes up sell the good stack one by one. You yield should be good enough to cover the loan. Look for capital gain first.
Property_Owner
15-10-09, 10:06
i was in Zhu hai once ... at a resort .. enjoying the hotspring ..sitting on a bounder with warm water streaming down on my shoulder ..damn mainland woman came sat next to me and starting inching closer .. i didnt feel comfortable and move a bit and she eventually squeeze me off my spot and took over the bouinder ...
ai ya. your wifey with you right? :D :D :D :D
So if you have the cash, it is preferable to hold properties and leverage 50% to buy a few more properties than to buy equities?
What if you hold equities for just one cycle, not forever? Buy equities for this bull cycle..and then sell all and convert to properties.
Anyway, i agree with you guys that properties are good if you have holding power and also easier to make money long term. That is why I am looking to switch out of equities soon.. Very stressful ... Not like properties where you can sleep well knowing that your properties won't run away tomorrow.
Congratulations!
The value of your equities have just increased overnight.
So you are about to switch to properties now?
http://www.reuters.com/resources/images/logo_reuters_media_us.gif
Dow passes 10,000 mark on earnings optimism
Leah Schnurr
Reuters
New York, New York, U.S.
Wednesday, October 14, 2009, 5:39 pm U.S. EDT
http://d.yimg.com/a/p/rids/20091014/i/r846367298.jpg
A JP Morgan Chase Co. flag flies next to an American flag in New York May 18, 2009. - Photo: Lucas Jackson, Reuters
The Dow industrials pierced the 10,000 level on Wednesday for the first time in a year on surprisingly robust company results and better-than-expected retail sales.
With major indexes up more than 1%, the Dow's milestone shows how far the market has come since last year when investors fled collapsing financial markets as the economic outlook soured. Analysts said the more than 50% rise off the 12-year lows hit in March could encourage more investors to buy stocks.
"Dow 10,000 may be largely psychological, but with tremendous levels of cash on the sidelines this may still be a call to action for investors," said Lawrence Glazer, managing partner at Mayflower Advisors in Boston.
The Dow Jones industrial average (.DJI) rose 144.80 points, or 1.47%, to 10,015.86. The Standard & Poor's 500 Index (.SPX) gained 18.83 points, or 1.75%, to 1,092.02. The Nasdaq Composite Index (.IXIC) put on 32.34 points, or 1.51%, to 2,172.23.
Strong results from JPMorgan Chase & Co (JPM.N) and Intel Corp (INTC.O) also bolstered analysts' optimism over the earnings season that is picking up pace.
A fresh 14-month low for the dollar also helped stocks as investors bet the slumping currency will lift profits of large multinational companies with big overseas sales.
http://graphics.thomsonreuters.com/109/US_DOWUSD1009.gif
JPMorgan Chase & Co's (JPM.N) quarterly profit rose sharply, bolstering hopes other major Wall Street banks will report strong results this week. Its stock jumped 3.3% to $47.16 and the S&P financial index (.GSPF) gained 3.4%.
Chip maker Intel Corp (INTC.O) gained 1.7% to $20.83 a day after reporting a quarterly outlook and results that soared past expectations. Analysts have said signs of improving revenue will be key to the current season.
A government report showed U.S. retail sales, excluding auto purchases, rose for a second month. The data offered cautious optimism that spending could help support the economy as it struggles out of recession.
The S&P retail index (.RLX) rose 1.7%.
Return of 10,000
The Dow was last at 10,000 in October 2008 when it dropped through that barrier in a selloff on increasing fears about the financial crisis. The index is up 52.9% since the 12-year closing low of early March but is still down 29.3% from its October 2007 record close of 14,164.53.
The Dow first crossed above 10,000 in late March 1999 as the tech boom accelerated before the bubble popped the following year.
While the return of 10,000 was greeted with relief, analysts cautioned the economy remains fragile. Light volume also signaled conviction was weak, which makes it easier to push stocks up.
"It means we've come a long ways in a hurry," said Scott Marcouiller, senior equity market strategist at Wells Fargo Advisors in St. Louis.
"It is a psychological positive, but it's also a logical spot now for us to take a pause."
Abbott Laboratories Inc (ABT.N) also cheered investors after it reported profit that topped Wall Street forecasts.
Abbott was up 3.1% at $51.20.
Volume was moderate on the New York Stock Exchange at 1.35 billion shares, below last year's estimated daily average of 1.49 billion. On the Nasdaq about 2.37 billion shares traded, above last year's daily average of 2.28 billion.
Advancing stocks outnumbered declining ones on the NYSE by 2,275 to 763, while advancing stocks beat decliners on the Nasdaq by about 2,028 to 688.
Hi,
I have been reading some of the posts in this forum with great interest and learning new point of views each time.
So based on the quotes below, does that mean that we are going to see lots of property investor/ specuvestors offloading their units on hand at a good price from end of the year?
Yes, deja vu.
Excluding the recent mass-market run-up, the whole market (local and regional alike) gives you a feeling that you are back in 2006, going into 2007.
Originally Posted by Reporter, Soleil
Err ... you may want to consider calling that agent after Christmas regarding your CCR/prime Soleil ... maybe next July, just like the old days back in July 2007?
Quote:
Originally Posted by blackjack21trader
DO NOT SELL your property especially prime ones OR you shall regret by Christmas 2009.
Quote:
Originally Posted by blackjack21trader
".... 2 months to Christmas 2009 ... let's see if 2010 will be like 2007 bull run....
Hi,
I have been reading some of the posts in this forum with great interest and learning new point of views each time.
So based on the quotes below, does that mean that we are going to see lots of property investor/ specuvestors offloading their units on hand at a good price from end of the year?
Perhaps you have forgotten about that beautiful but quietly-cold Christmas back in 2006.
Remember that cold turkey you shallowed?
After that you just felt warmer and warmer by the day?
... and you reached clima.. in July 2007.
No, you will see a lot of our cousins from above (i.e. the North) snatching the beloved toys on our hands from middle next year. Don't cry over that toy please!
Perhaps you have forgotten about that beautiful but quietly-cold Christmas back in 2006.
Remember that cold turkey you shallowed?
After that you just felt warmer and warmer by the day?
... and you reached clima.. in July 2007.
No, you will see a lot of our cousins from above (i.e. the North) snatching the beloved toys on our hands from middle next year. Don't cry over that toy please!
Keke... Reporter... frankly, i can't remember because I was young and naive enough back then to believe that I can earn my retirement through 8 hours of hard work. :doh:
After growing 4 years older and a little wiser, and with a little more moolah on hand, I'm looking at properties as a mean to fund my way to retirement. :)
Keke... Reporter... frankly, i can't remember because I was young and naive enough back then to believe that I can earn my retirement through 8 hours of hard work. :doh:
After growing 4 years older and a little wiser, and with a little more moolah on hand, I'm looking at properties as a mean to fund my way to retirement. :)
Err ... I think unless you are born with a silver spoon or inherited a big fortune, one has to work at least 14 hours a day to accumulate that ammunition to ...
Once you have the ammunition, you can then ...
So, it is OK to work hard.
Anyway, I believe you have to wait till middle next year because the top dogs are just beginning their sniffing around. Don't chase them away please!
http://www.businesstimes.com.sg/mnt/static/image/images/topMasthead_small.gif
Luxury apartment sector feels the rush
More deals clinched as sentiment improves, foreign buyers sniff around
Kalpana Rashiwala
The Business Times
Thursday, 15 October 2009
Luxury apartment deals picked up in the second and third quarters of this year as a more cheerful mood spread to the upper realms of the private residential market.
The number of apartments priced above $4 million changing hands rose rapidly from just 15 deals in the first quarter of this year to 87 in Q2 and 210 in Q3.
The total of 312 apartments in this price range sold in the first nine months of this year are 11% more than the 280 transacted for the whole of 2008, which was generally a quiet year for the Singapore residential market following the global financial crisis, notes CB Richard Ellis (CBRE). It analysed caveats information from URA’s Realis system up to Oct 12.
During 2007 – the peak year for the luxury housing market – a total 1,740 apartments were sold at over $4 million each.
CBRE studied caveats data for condo and apartment deals in the Core Central Region (CCR), which includes the prime districts 9, 10 and 11; the financial district; and the HarbourFront and Sentosa Cove locations. The transactions include both primary and secondary market transactions but exclude collective sales.
Joseph Tan, the firm’s executive director (residential), says that some investors feel this is a good time to buy luxury apartments as they stand to net capital gains before the price surge sweeps this segment.
‘In addition, with the appreciation of foreign currencies against the Sing dollar in recent months, foreign investors could have found prices of luxury apartments here fairly attractive,’ he said.
Looking ahead, he sees an increase in high-value transactions with upcoming new luxury projects such as Marina Bay Suites and Seven Palms Sentosa Cove as there will be investors interested in these projects. ‘Buying interest will be project-driven, based on the uniqueness of each project,’ Mr Tan added.
Developers report a pick-up in sales of luxury apartments to both Singaporeans and foreigners.
Wheelock Properties (Singapore) CEO David Lawrence says: ‘A lot of foreigners talk to us about buying quality property assets in Singapore. They include high-net-worth (HNW) Indians and Chinese who are thinking of becoming Singapore permanent residents and wish to move their families here.’
Savills Singapore managing director Michael Ng also says the Republic has been a beneficiary of wealthy Asians from places like China, Malaysia and India coming out again to buy luxury properties with renewed confidence upon sensing that the worst is over in the overall global economy.
‘A lot of them see Singapore as a safe place to park their family and money,’ he added.
The thinking in property circles is that foreign buying will strengthen further when Singapore’s two integrated resorts (IRs) open next year. And this should translate to stronger demand for luxury apartments.
CBRE’s data showed that about 86% or 268 of the 312 units sold at above $4 million in the first nine months of 2009 were in the ‘above $4 million to $7 million range’.
They included developer sales in projects like Volari at Balmoral Road, Residences@Killiney, One Devonshire, Latitude at Jalan Mutiara, Madison Residences in Bukit Timah, and The Orchard Residences. This segment saw the biggest recovery in transaction volume over full-year 2008.
A total of 35 caveats were lodged for properties that cost between $7 million and $9 million in the first nine months of this year. The transactions, which were mostly in Q3, include The Hamilton Scotts and The Orchard Residences in the primary market (developer sales), and Ardmore Park, St Regis Residences and Scotts Highpark in the secondary market.
There was a caveat lodged for a unit at Nassim Park Residences that cost nearly $13.3 million in July and two in August (at about $9.6 million and $9.8 million), based on URA Realis caveats data as at Oct 12.
However, BT understands that since then, two more units were sold in the development in September, followed by a further two so far this month.
The four units were sold at prices ranging from $9.6 million to $14 million, or from about $2,850 psf to $3,480 psf.
BT understands there have been close to a dozen transactions at Nassim Park Residences since mid-year. However, buyers of some units have yet to lodge caveats.
Err ... I think unless you are born with a silver spoon or inherited a big fortune, one has to work at least 14 hours a day to accumulate that ammunition to ...
Once you have the ammunition, you can then ...
So, it is OK to work hard.
Anyway, I believe you have to wait till middle next year because the top dogs are just beginning their sniffing around. Don't chase them away please!
Barring any major disaster, as I had predicted the IRs would have an effect on private property prices.
Err ... I think unless you are born with a silver spoon or inherited a big fortune, one has to work at least 14 hours a day to accumulate that ammunition to ...
Once you have the ammunition, you can then ...
So, it is OK to work hard.
Anyway, I believe you have to wait till middle next year because the top dogs are just beginning their sniffing around. Don't chase them away please!
Haha... of cos, hard work is needed and I definitely dun hold a silver spoon... what I meant was working hard blindly and depending on monthly salary for retirement :P ...... well, I am still very far far far away from achieving what some of you have now in CCR...... But, there's always a place to start... ;)
Freehold or not?
clearly u have never ventured into HK market ;)
all new HK pties have a lease until 30 Jun 2047. (I give you 5 minutes to figure out why this exact date is used ok ? :) )
btw Reporter u do know "Mid-Level" is a district right ? That's where the rich stay.... actually not the *real* super rich. Only those *rich* and want to show off type. Real HK tycoons stay in houses in exclusive areas just like SG tycoons.
clearly u have never ventured into HK market ;)
all new HK pties have a lease until 30 Jun 2047. (I give you 5 minutes to figure out why this exact date is used ok ? :) )
btw Reporter u do know "Mid-Level" is a district right ? That's where the rich stay.... actually not the *real* super rich. Only those *rich* and want to show off type. Real HK tycoons stay in houses in exclusive areas just like SG tycoons.
Yes. Mid-Level is a high-end district for rich locals and super-rich "cousins". Super-rich locals stay in high-end houses.
clearly u have never ventured into HK market ;)
all new HK pties have a lease until 30 Jun 2047. (I give you 5 minutes to figure out why this exact date is used ok ? :) )
Yeah never ventured into HK market, lease till 30 Jun 2047 is it 50 years from 1997 handover date? My that is a very short lease for property, can they be renewed easily?
Congratulations!
The value of your equities have just increased overnight.
So you are about to switch to properties now?
:) .. the value have been increasing since March..(but only able to cover my losses of 2008).
Yes, I will implement my plan of paying downpayment for a condo everytime i get $400k profit. Should see $400k profit by end of year.. if this market keeps going like that.
Actually, i've been thinking... why need to pay in full for properties since they allow loan?.. I can just set aside the cash in aud deposit to earn that 3%.. and let the renter pay for my installment rite.. and got tax deduction too
oH By the wya.. Andy Ong of ERC (a multi-millionaire) says he's not comfortable with the property market right now..
http://www.andy-ong.com/2009/10/warning-i-am-not-comfortable-with.html
:) .. the value have been increasing since March..(but only able to cover my losses of 2008).
Yes, I will implement my plan of paying downpayment for a condo everytime i get $400k profit. Should see $400k profit by end of year.. if this market keeps going like that.
Actually, i've been thinking... why need to pay in full for properties since they allow loan?.. I can just set aside the cash in aud deposit to earn that 3%.. and let the renter pay for my installment rite.. and got tax deduction too
Fully agree. May as well use the cash to buy DBS's preference share which gives return of ~ 6% and use the proceed to pay your mortgage.
Because he missed the property boat? :p
oH By the wya.. Andy Ong of ERC (a multi-millionaire) says he's not comfortable with the property market right now..
http://www.andy-ong.com/2009/10/warning-i-am-not-comfortable-with.html
Anyway, is this Mr Ong really rich (or famous) as mentioned?
Uh.. my money is too small to consider those HK units..
I already think Singapore housing is too expensive... let alone HK.
Yar, I know what you're saying.
The 66th-storey HongKong condo sold at S$13,000 psf is really too ..........
Worse! At $20,000 psf, who would buy that 88th-storey condo?
No more S$20,000 psf and no more HongKong condo.
Let's eat some Shanghainese hot cakes instead.
Oops! Sorry!
No cake for us!
The 67 units were all snapped up in the morning.
No S$20,000 psf this time. It's >S$20,000 psf!
http://www.zaobao.com/images1/zblogo.gif
李嘉诚在沪开发 “四季雅苑”67栋别墅半天抢光
上海中通电
星期四, 15-10-2009
入秋的上海楼市，在豪宅项目上尚无调整迹象，在多个豪宅售楼处，“售罄”或“尾盘”两个词语频频出现。
据上海“上海证券网”报道，9月25日，由李嘉诚旗下企业开发的单价每平方公尺人民币（下同）10万元(2万新元）以上 (more than S$20,000 psf) 的“四季雅苑”项目，67栋独立别墅在开盘当天早上就被抢购一空。这个毗邻8月刚刚创出上海豪宅销售纪录——星河湾项目的别墅群，以单价高出前者一倍的价格，推动了沉寂近一月的上海豪宅市场重新白热化。
四季雅苑项目每套别墅总价均为2000万元以上，以此计算，大约有13亿4000万元左右的购房资金沉淀其中，相当于一个一次推盘量高达3万平方米（此前市场上许多楼盘一次推盘量不过100至200套，总面积不超过2万平方米）、每平方米单价达4万元的高档住宅项目的销售额总和。高端住宅的吸金能力可见一斑。
http://property.zaobao.com/images6/oversea091015.jpg
“四季雅苑”项目由67栋独立别墅组成。
资深市场人士透露，此次四季雅苑项目的主要业主均为内地企业家，其中又以长三角民营企业家居多，预计占买家总量近七成。
浦东甲级办公楼市场已经触底
另外，据路透社报道，国际知名房地产服务及投资管理公司，仲量联行上海商业部董事李凌昨日表示，位于上海浦东中央商务区的甲级办公楼市场在今年三季度已经触底，预计明年一、二季度将现反弹；而浦西办公楼在未来一两个季度里仍可能继续下滑。
他在报告中称，今年第三季度上海中央商务区甲级办公楼平均租金为6.1元/平方米/天，环比下降了3.6%，但降速已经放缓.因为入驻率的上升，部分浦东业主开始停止调降租金。
上海和北京两大城市的办公楼租金自去年下半年以来一路下滑，空置率则持续增长，特别是在北京中央商务区和上海陆家嘴金融区，因许多跨国公司紧缩预算，以应对全球经济危机。
hmm reporter I think this time u got it wrong... in China ppl quote price in sqm, so I think it's more like 100,000 RMB per sqm , so >S$2000 psf. Not cheap by china standard still
hmm reporter I think this time u got it wrong... in China ppl quote price in sqm, so I think it's more like 100,000 RMB per sqm , so >S$2000 psf. Not cheap by china standard still
Yes, you are right.
It's my bad.
I've mistaken 公尺 as 尺.
The message can't be deleted. So it will stay here forever as a laughing stock.
Pai sai!
Property_Owner
15-10-09, 22:13
The message can't be deleted. So it will stay here forever as a laughing stock.
:D :D :D :D :D
:D :D :D :D :D
:D :D :D :D :D
:D :D :D :D :D
proud owner
15-10-09, 22:20
Yes, you are right.
It's my bad.
I've mistaken 公尺 as 尺.
The message can't be deleted. So it will stay here forever as a laughing stock.
Pai sai!
to Err is human
to bring laughter is noble
Anyway, is this Mr Ong really rich (or famous) as mentioned?
Dunno.. but he rubs shoulders with Douglas Foo, Ang dunno what of Temasek/GIC....
maybe someone else can shed life on it.
Yes, you are right.
It's my bad.
I've mistaken 公尺 as 尺.
The message can't be deleted. So it will stay here forever as a laughing stock.
Pai sai!
Don't worry ... since this message will stay here forever, one day it will no longer be a laughing stock.
In fact, this day may not be too far away.
If Hong Kong can sell for $13,000 psf, why can't Shanghai sell for $20,000 psf?
Shanghai is the past and future financial capital of China, whereas Hong Kong is just the interim financial capital due to some unfortunate events in Chinese history.
So one day not too distant in the future, people reading your post on this website may exclaim ... "What??!!! Shanghai $20,000 psf so cheap!!! Even Singapore that backwater city down south is selling for $100,000 psf!!!"
http://www.bricoleurbanism.org/wp-content/uploads/2009/03/2154216483_bbc615a6ef_b-crop2-sm.jpg
http://www.oldstratforduponavon.com/sitebuilder/images/singaporeraffles-466x303.jpg
on one hand good to have rich people here
on the other hand , mainlanders speak really loud .. i cannot tahan ... not sure if anyone share the same observations
For our culture, loud is rude.
But sing loudly with a sweet voice is different.
This is "more than welcome" as said by President SR Nathan.
OK OK, I seriously like her powerful voice and her singing.
http://www.tnp.sg/mnt/static/image/images/mast_04.gif
Coco Lee - becoming a Singaporean?
Tan KeeYun
The New Paper
Friday, 16 October 2009
http://static.divaasia.com/action/PageImage/14102009061940/5582.jpg
She loves Singapore so much that she is thinking of becoming a Singaporean.
“I’m not kidding, I’m absolutely serious,” said a bubbly Coco Lee.
“My sister is looking into the procedure of how to go about attaining (Singapore) citizenship.”
The 34-year-old singer was born in Hong Kong but spent much of her childhood and youth in San Francisco.
She holds American and Hong Kong citizenship.
The curvaceous beauty was in town to promote her Mandarin album East To West, her first in three years.
She was also the special guest performer at last Sunday night’s President Star Charity show.
Looking sprightly and radiant as she spoke to the media at The Ritz-Carlton on Monday, she had nothing but praise for our “beautiful” city.
“I love the greenery here. There are trees everywhere,” she said, flashing a wide smile.
“The moment I arrived, I was hoping to try some durians, chicken rice or the food at the hawker centres.
“My manager was so anxious about me eating at hawker centres, thinking it wouldn’t be ‘glamorous’ enough, but I really don’t mind. I love simple places!”
According to Lianhe Wanbao, while backstage at the President Star Charity show, Coco went so far as to “personally express her interest” in becoming a Singapore citizen to President S R Nathan, who was the guest-of-honour that evening.
President Nathan reportedly replied that she is “more than welcome” to do so.
But was Coco just being over-friendly? It didn’t seem so – she was engrossed in the topic.
"Jet Li and Gong Li are Singapore citizens, right?" she asked reporters. "I want to be one too."
International gongfu star Jet Li, 46, became a Singapore citizen in July, while 42-year-old actress GongLi got her pink IC last November.
However, when reporters quizzed Coco on whether her fiance knew about her intentions, she laughed and said:“He doesn’t know about it yet!”
She joked that he will “most likely read about it on my Twitter page”.
Coco has been engaged to Canadian businessman Bruce Philip Rockowitz, 50, since 2005.
He adores Singapore too, she said.
“Although this is my first work trip to Singapore in six years, both of us have visited Singapore over the last few years,on holiday.
“The only thing he doesn’t share my love for is durian!”
With her light golden-brown tan, Coco oozed *** appeal.
Not surprisingly, she made the list of the World’s 25 ***iest Pop Divas by TV channel E! Entertainment in February.
She was the only Asian on the list, coming in 15th, beating Jennifer Lopez and Kylie Minogue.
Alicia Keys, Rihanna and Leona Lewis took the top three positions respectively.
The rankings were determined by the E! Entertainment producers.
Surprise
Coco’s inclusion came as a surprise, considering that she has released only one English album in the US.
While she is a household name in HongKong and Taiwan, with nearly 20 studio albums in a 15-year career, her fan base remains relatively niche in the US.
She managed to cross over to the US with her English single Do You Want My Love in 2000. It ended up being a moderate hit, peaking at No 49 on the Billboard Hot DanceClub Play charts.
Three other singles – Before I Fall In Love, Wherever You Go and Can’t Get Over – followed from Just No Other Way, her only album to be released in the US, in 2000.
Coco also sang A Love Before Time, the theme song to director Ang Lee’s award-winning Crouching Tiger, Hidden Dragon.
It was nominated for Best Songat the 2001 Oscars.
“My friends were the ones who told me about the ***y list,” she said, flashing a wide smile. “I didn’t knowI had made the top 25 till (then).
“E! Entertainment is a huge network in the US andI’m very happy that I was chosen.”
So which part of her body does she consider ***iest?
“My fans would probably say it’s my smile, where as my fiance thinks it’s my curves, especially the areas near my waist and back,” she told The New Paper, in a separate interview after her press conference.
East To West “defines her life”, said Coco, who is now based in HongKong.
“My whole world revolves around a combination of cultures, from both the East and West,” she said.
“In a way, it has given me an advantage in the music industry, especially when it comes to artistic ideas for myattire and make-up.
“Due to my upbringing in the West, I’m more open to trying innovative and daring styles.”
For example, she adores the new image she sports in her album photos, one that sees her wearing a gleaming, shimmering gold-plated blouse. She pointed out that some Asian designers didn’t take well to that outfit initially.
The customised costume cost the equivalent of $13,000and two weeks to make.
“Admittedly, the outfit’s design draws attention to the breasts,” said Coco with a grin. “But I really like it a lot.”
She added that the gold outfit differs greatly from her previous styles.
“It’s not sweet and girlish, but very cool and masculine,” she said. “I get a feeling of female empowerment when I wear it.”
A pity that the public would not be able to see this favourite attire of hers during live performances, or at any of her promotional events.
“I would love to wear it to meet my fans, but I can’t,” she said with a sigh.
“The blouse is constructed in such a way that the designs appear to ‘move upwards as my body moves.
“Then, I will appear to have four breasts!” If there is someone who loves the costume as much as she does, it’ll have to be Mr Rockowitz. The couple manage to maintain a close, loving relationship despite their busy schedules.
“Every day, he is the first person I talk to on the phone in the morning, and the last person I talk to at night,” said Coco.“Also, we text each other very often. “You should ask anyone who works with me, I’m the undisputed text queen.”
Coco said they were both home loving types who would prefer to “stay at home and watch DVDs”, rather than do the party circuit. “We’re huge fans of TV dramas, like Criminal Minds and Mad Men.”
The 16-year age difference was never an issue for them, she said.
On the contrary, she feels Mr Rockowitz is a “wonderful listener and communicator”, traits which come only “with age and experience”.
“We have never once fought,” said Coco. “Whenever we disagree on something, we will face it rationally and try to ... solve the problem.”
not just loud, is f-loud ... buay tahan
Err ... but ... some are quite sweet and pretty one leh!
Like the beautiful Gong Li?
Can tahan?
http://static.divaasia.com/diva/img/logo_diva_top_02.gif
Chinese actress Vicky Zhao Wei to marry a Singaporean businessman
Diva
Wednesday, 23 September 2009
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Vicky Zhao Wei is said to be marrying a Singaporean businessman, known as Marco, at the end of the year. The Shin Min Daily News quoted Hong Kong reports that it was singer Faye Wong who brought the couple together, when she introduced the pair to each other at a night club in Beijing.
The two are said to have dated for two years. During that time, Marco has already proposed to Vicky twice. The couple have remained low-key about their relationship as Marco is not industry insider. He is said to be a businessman who is about Vicky's age, and owns two top night clubs in Singapore. The pair hit it off very well after being introduced by Faye, and passion quickly sparked between the two.
The couple's families approve of the relationship and they will be married in a low-profile ceremony at a secret location in Singapore later this year.
Marco's first proposal received a refusal from the actress, as she had work commitments. However, she said yes to him when he asked her again in a second proposal which took place two months ago.
However, Vicky's spokesperson Chen Rong has denied that the marriage will take place, and also denied any knowledge of Marco. When Hong Kong reporters asked if Faye Wong was the matchmaker for the couple, the spokesperson said: "These are personal matters, let's not discuss it. It's not important who introduced the couple to each other."
But at a promotional activity held at the beginning of the month for her movie "Hua Mulan", Vicky admitted that she already had someone in mind as a marriage partner when she was asked about it by a reporter, although she declined to elaborate on further details.
Before Vicky met Marco, Apple Daily reported that the actress was spotted holding hands with musician Li Quan, 37, at the opening of fashion store H&M in Shanghai in 2007. Up to two months before the photo was captured, it was still known to the media that she was dating Chinese table-tennis star Wang Liqin.
That is provided it is easy to make money in equities. My 25 yrs experience has proven stock investments to be one big merry go round. Lose , win, lose, win and in the end back to square one. All excitement but no profit at the end of it. By the time property prices come down to a level attractive to you, you might be stuck with depressed equities. When stock values recover, property values would have shot up as well. The ideal is perfect exit and entry into such investments but this hardly happens and ideals will remain ideals.
Err ... Miss Tan seems to think otherwise ... she is in the equities market lately ...
She wrote about property investment back in 2007. Will she write again next year?
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Why can't I make big bucks from stocks?
Sumiko Tan
The Straits Times
Tuesday, 20 October 2009
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I've been dipping into the stock market of late in a bid to 'grow' my money.
My company had docked our monthly salaries in April this year as part of cost-saving measures. We're also bracing ourselves for much lower bonuses when our salary letters are handed out in January. (I know, I know, we should be so lucky if we're even getting a bonus.)
All this means that my colleagues and I have been down by quite a sum compared to previous years.
And with banks offering such pitiful interest rates for fixed deposits - hitherto my main vehicle for parking my money - how to bolster our income has become a hot water-cooler topic.
My answer has been to make forays into the stock market.
Thing is, I've realised that I'm not cut out to make big bucks from the market either. I lack timing, luck, guts, patience and the diligence to do research on the stocks I want to buy. Worse, I never knew till now what a greedy person I am.
If I had been prepared to let go of some stocks instead of sitting on them because I wanted them to rise by another one or two cents - which they never did, of course, plunging instead - I would be smiling at a pretty pile of profits.
Instead, I've made just a few hundred dollars here and there.
My profits are peanuts compared to those of friends who have the uncanny ability of sniffing out stocks that are on the verge of shooting up, and letting them go just before they tumble.
I've a friend who bought a slew of bank stocks late last year when everyone else was panicking about the financial meltdown.
Imagine, he got DBS stocks at the basement bargain price of $8 plus. He kept some lots and they're worth more than $13 today. Others he sold at a profit, then used the money to buy the stock again, and sold those after he chalked up even more profits.
Everything he touches seems to turn to gold, whether it's blue chips or penny stocks. He bought Capitaland for less than $2 and the stock went over $4 last week. He's also made a tidy sum on Golden Agri-Resources.
He had never even really gone into the stock market prior to this. He started investing when friends said a recession was a good time to pick up bargains, especially blue chips - sort of shopping at a Club 21 sale, I suppose, only the stuff you buy isn't last season's.
It didn't hurt that his fengshui master said that 2009 was going to be a year he would make money, and that he has.
The main problem with stock novices like me is that we're lazy.
Instead of studying the companies we're keen on buying - who runs it, what sort of industry it is in, its financial history and prospects - we jump in blindly and speculate based on gut feel, rumours and 'tips'.
I spend more time contemplating the pros and cons of buying a dress - is it too expensive, would it make me look fat, do I have shoes to go with it, where can I wear it to - than a stock I'm prepared to throw thousands of dollars at.
Worse, I get sentimental about certain shares and won't let them go even when the price is good. As someone told me, if you love the share so much, you can always buy it again later. Just take your profits first.
Then there's the matter of patience. I want prices to rise and I want them to rise now. When they don't, I get discouraged and dump the shares. But the minute I sell, the price will rise. Why does this always happen to me? Is there a name for such a phenomenon (other than lousy luck and bad timing)?
My worst vice, though, is greed. A colleague whom I consult about shares told me something that shocked me last week: 'Wah, you're very different from when you first started. Then, you just let go every time you made a small profit.'
Which I realised to my horror is true. Just a few months back, I was a happy camper if I got a 5% return (way better than what the banks are giving). I am so much more difficult to please these days.
I really should heed the advice of experienced investors: Either buy good stocks and keep them for the long term, or quickly exit the market whenever you've made some money; you can always go back in again.
The first time I played the stock market was back in the 1990s when every Tom, Dick and the neighbourhood auntie was into it.
My craze lasted a few months and I probably broke even. But there were some dud buys. I still have a reminder of that period in my Central Depository account - 10,000 Goldtron shares bought at a price I don't remember and which are now worth one cent each, or a grand total of $100.
In the years that followed, I paid little attention to the market. I exercised a few of my company's stock options and bought and sold the occasional shares, but that was about it.
My money was parked in fixed deposits, a life insurance asset guaranteed plan and my POSB savings account.
When I went through a session with a financial adviser in 2007, I told her that I was banking on a 3 to 4% fixed deposit interest rate to see me through my retirement. It was a modest return but a steady enough one, I thought.
Then the financial hurricane hit last year and left us all bruised and breathless in its wake.
Everything tumbled - interest rates, value of stocks, value of savings and job security. A lot of people lost a lot of money. The days of 3% interest rates for fixed deposits are also gone, maybe forever, at least in my lifetime.
And now, barely a year later, we are told that the recession is over and sunny days are back.
Stock markets are up and people are buying property like there's no tomorrow. How do you account for that? There must be plenty of money floating around. But are the good old days really here? Why am I still feeling the pinch then?
Events of the past year have brought some lessons and changed some habits.
I've become more wary of staff from banks and insurance companies and am suspicious of their sales pitch. I will also read the fine print in any contract I sign now.
I've also been trying to rein in needless, extravagant purchases although my resolve to be prudent is slipping by the day.
At one stage, I had banned myself from using my credit cards. I thought using only cold hard cash would make me think twice about buying something I want but don't need. The experiment lasted just two months.
The biggest lesson has been how I must think of ways to grow my money instead of letting it sit in a savings account.
Maybe the stock market is not the safest and best way to achieve this. In fact, many people have lost their shirts through bad calls. But I'm not carried away by the market, I don't have a large sum invested, I err on the side of caution and I've yet to realise any losses.
I have colleagues who swear that property, not stocks, is the better way to go. You can't go wrong, they say, whether it's buying an HDB flat to rent out later, an apartment next to an MRT station or even a piece of commercial property in a bustling part of the island. You can make hundreds of thousands, they say.
But going into property seems such a hassle and taking a large loan to fund an investment is too high a risk for me.
What I've also learnt over the past year is to never compare your financial lot with that of others.
There will always be those who will earn more money than you - whether at work, in the stock market or through property - and there will always be those who will earn far less.
The challenge is to stay happy and satisfied with what you have, even if all you made was two hundred dollars from a stock while your friend made two thousand.
Drats.
Hypothetical question :-
What would you do with SGD$6million for investment purpose and how would you structure the portfolio?
Thanks! :)
Simple:
1. 3 mils to get shop/house, rent them out. Must study location/traffic volume/future devevelopment, etc
2. 1 mil in stock market, anyway, experience tells it is quite stressful. Simple rule aim those counters with constant high dividend payout.
3. 1 mil in foreign currency, either NZD or AUD, wait for interest and capital gain.
4. 1 mil standby for contingency, expect for those unexpected.
Simple:
1. 3 mils to get shop/house, rent them out. Must study location/traffic volume/future devevelopment, etc
2. 1 mil in stock market, anyway, experience tells it is quite stressful. Simple rule aim those counters with constant high dividend payout.
3. 1 mil in foreign currency, either NZD or AUD, wait for interest and capital gain.
4. 1 mil standby for contingency, expect for those unexpected.
Quite close to what I have in mind... of ;-
1) 3 mil in dividend paying Stocks
2) 1 mil in Bonds
3) 1 mil in AUD
4) 1 mil for downpayment of properties and loan the rest
5) Everytime, stocks generate $400k excess profit, take out to pay down the house loan or buy another property
new2mondrian
21-10-09, 16:09
Quite close to what I have in mind... of ;-
1) 3 mil in dividend paying Stocks
2) 1 mil in Bonds
3) 1 mil in AUD
4) 1 mil for downpayment of properties and loan the rest
5) Everytime, stocks generate $400k excess profit, take out to pay down the house loan or buy another property
hey focus,
what dividend paying stocks are u looking at??? can share?
hey focus,
what dividend paying stocks are u looking at??? can share?
I bought mainly bluechips & midcap when they were having dividends of >5%. the standard names like UOB, DBS, Venture, SATSvcs, Starhub etc etc
new2mondrian
21-10-09, 18:50
I bought mainly bluechips & midcap when they were having dividends of >5%. the standard names like UOB, DBS, Venture, SATSvcs, Starhub etc etc
haha... similar to my strategy. I used to like Citysprings and FSL... but these days have gotten more conservative and look for SPH, SP Ausnet, Starhub (which tanked after the EPL saga), UOB, DBS and ST Engrg.
haha... similar to my strategy. I used to like Citysprings and FSL... but these days have gotten more conservative and look for SPH, SP Ausnet, Starhub (which tanked after the EPL saga), UOB, DBS and ST Engrg.
Yes.. Get paid to wait for capital appreciation like property.
new2mondrian
22-10-09, 10:14
Yes.. Get paid to wait for capital appreciation like property.
actually that's what i like about equities (blue chips) and index funds. There is diversification across various sectors, and there is ease of entry/exit. Properties can be a money sucking pit for years to come, eg landed properties require regular upkeep (roofing, gardening, pest extermination, water seepage, problems with retaining walls... every big and small thing also out of own pocket); condos have the monthly maintenance; not to mention the yearly property taxes and even more taxes on rental income; and the hefty stamp duties upon purchase and another hefty agent fees upon sale and rental. Sometimes after accounting for all these, the capital gain (if any) is really paltry.
AUD and NZD deposits are good... too bad i missed the boat when both currencies tanked against SGD earlier this year. :doh:
actually that's what i like about equities (blue chips) and index funds. There is diversification across various sectors, and there is ease of entry/exit. Properties can be a money sucking pit for years to come, eg landed properties require regular upkeep (roofing, gardening, pest extermination, water seepage, problems with retaining walls... every big and small thing also out of own pocket); condos have the monthly maintenance; not to mention the yearly property taxes and even more taxes on rental income; and the hefty stamp duties upon purchase and another hefty agent fees upon sale and rental. Sometimes after accounting for all these, the capital gain (if any) is really paltry.
AUD and NZD deposits are good... too bad i missed the boat when both currencies tanked against SGD earlier this year. :doh:
It is a well known fact that only about 10% will make money in equities in the long run. On the other hand majority will end up making money in properties in the long run despite all the headaches.
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