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1 Attachment(s)
CIMB-GK Singapore Property Sector 2 April 2008
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Thanks for posting. It is very informative for me.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by ahlahdin
Thanks for the report.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
All sour grapes are hoping to see the arrow going down down down but they are all disappointed as the chart all showing arrows up up up. Huat Ah!!!!!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
All sour grapes are hoping to see the arrow going down down down but they are all disappointed as the chart all showing arrows up up up. Huat Ah!!!!!
haha....the report is saying mass market condo have at least 30-40% upside to go.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
haha....the report is saying mass market condo have at least 30-40% upside to go.
I strongly believe that there are at least two more sharp increase in our ppty prices as we had in 2007 before it eventually stabilizes.
One will definitely happen in this year. And the other one should be taking place in between 2010 and 2011.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
haha....the report is saying mass market condo have at least 30-40% upside to go.
Luckily this report is from an independent research company - not from a property-agent research arm.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
All sour grapes are hoping to see the arrow going down down down but they are all disappointed as the chart all showing arrows up up up. Huat Ah!!!!!
HAHA ALREADY PEAKED. ASK THEM TO EXTEND THAT GRAPH FOR THE NEXT 2 YEARS. OH MY GOD THE TIME IS UP.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
HAHA ALREADY PEAKED. ASK THEM TO EXTEND THAT GRAPH FOR THE NEXT 2 YEARS. OH MY GOD THE TIME IS UP.
HAHA IN THE MIDST OF OVERTAKING THE LAST PEAK. ASK THEM TO EXTEND THAT GRAPH FOR THE NEXT 2 YEARS. OH MY GOD THE TIME IS RIGHT FOR ANOTHER PEAK.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
HAHA IN THE MIDST OF OVERTAKING THE LAST PEAK. ASK THEM TO EXTEND THAT GRAPH FOR THE NEXT 2 YEARS. OH MY GOD THE TIME IS RIGHT FOR ANOTHER PEAK.
LIKE THE HONGKONG SUPERSTAR "TWIN PEAK" IS IT??????
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
LIKE THE HONGKONG SUPERSTAR "TWIN PEAK" IS IT??????
Which Hong Kong superstar has Twin Peaks? I know Twins don't have.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Which Hong Kong superstar has Twin Peaks? I know Twins don't have.
Please don't insult them.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Please don't insult them.
Anyway, most of us saw one of the twins' twins.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Anyway, most of us saw one of the twins' twins.
Are you Edison Chen?
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Luckily this report is from an independent research company - not from a property-agent research arm.
That is why we should trust them.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
That is why we should trust them.
They say it is to overtake the last peak.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
haha....the report is saying mass market condo have at least 30-40% upside to go.
Quote:
Originally Posted by Unregistered
Luckily this report is from an independent research company - not from a property-agent research arm.
30-40% upside is good wah. Agree?
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
haha....the report is saying mass market condo have at least 30-40% upside to go.
Quote:
Originally Posted by Unregistered
I strongly believe that there are at least two more sharp increase in our ppty prices as we had in 2007 before it eventually stabilizes.
One will definitely happen in this year. And the other one should be taking place in between 2010 and 2011.
Like that swee liao lor!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Like that swee liao lor!
Huat ah!!!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
All sour grapes are hoping to see the arrow going down down down but they are all disappointed as the chart all showing arrows up up up. Huat Ah!!!!!
Huat Ah!!!!! Huat Ah!!!!!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
All sour grapes are hoping to see the arrow going down down down but they are all disappointed as the chart all showing arrows up up up. Huat Ah!!!!!
Quote:
Originally Posted by Unregistered
Huat Ah!!!!! Huat Ah!!!!!
Cheong ah!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
HAHA IN THE MIDST OF OVERTAKING THE LAST PEAK. ASK THEM TO EXTEND THAT GRAPH FOR THE NEXT 2 YEARS. OH MY GOD THE TIME IS RIGHT FOR ANOTHER PEAK.
The next peak will be much higher and it will not be so soon yet.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Singapore home sales seen slumping to 5-year lows
By Daryl Loo
SINGAPORE, March 17 (Reuters) - Singapore homes sales in February almost halved from the previous month, and could slump this quarter to the lowest since the SARS epidemic in 2003 as surging inflation and global economic fears keep buyers at bay.
The government on Monday said 170 private homes were sold in February, less than a tenth of the homes sold last August when Singapore was still in the midst of a two-year property upswing.
The abrupt slowdown this year is hitting shares for property developers but could take some pressure off inflation that is at the highest level in 25 years.
After January saw 316 homes sold, property analysts are predicting that total sales for the first three months of this year will be between 700-800 units, the weakest in five years.
"The only two other periods when the Singapore residential market experienced such low sales volume were during the SARS period in the first quarter of 2003 when 427 new homes were sold, and during the Asian financial crisis in the fourth quarter of 1997 when 894 units were sold," said Li Hiaw Ho, research director of property consultancy CB Richard Ellis.
So far the jury is out on how much the drop in demand has hit home prices. Private home prices in Singapore surged 31 percent last year to their highest in over ten years and near the peak of mid-1996 just before the Asian financial crisis.
High-end homes, typically those priced at above S$1,800 ($1,302) per square foot, saw the greatest jump, while the increase was more moderate for homes in the mass market segment.
But the price increase slowed in the fourth quarter as steps taken by the authorities to curb real estate market speculation took effect, including a move in October to bar developers from selling uncompleted homes on a deferred payment scheme.
"The sales figures for February were stunningly low... Buyers are becoming very conservative, although prices seem to have held up," said Jones Lang LaSalle research head Chua Yang Liang.
LAUNCH DELAYS
Reflecting the cautious mood, some developers have delayed their property launches, evident in the 343 units put up for sale in February, against 410 units in January and 445 in December.
KepLand, which is building the 221-unit Marina Bay Suites luxury apartments with Hong Kong Land and Cheung Kong, said in January that it would delay the project until the end of the Lunar New Year holiday in mid-February.
"We're still waiting for instructions to launch," said Margaret Thean, executive director of property agency DTZ, which has been appointed to market the project.
There have also been newspaper reports of property speculators who bought units last year with hopes of a speedy sale for a quick profit, but who are now being forced to sell at steep discounts due to the drop in demand. But it may not to be time to go bargain hunting just yet.
"While anecdotal evidence of lower transacted prices from desperate speculators looking to liquidate their positions have yet to be fully recognised by the entire market, the risk of a downward spiral effect in residential prices remains," Morgan Stanley analyst Melissa Bon said in a report this month.
"In addition, the bottoming out of private rental vacancies and likely peaking of rentals may put downward pressure on residential prices," she said.
The U.S. brokerage has downgraded CityDev to "underweight" for its exposure to the Singapore home market, and expects prices in the mid to high-end sectors to drop 15 percent this year, compared to its previous expectations for a 15 percent rise.
ABN AMRO analyst Fera Wirawan said homes catering to the mass market could still rise at least 5 percent as prices in this segment had not run up as much.
"It's all about sentiments now. Buyers are holding off in anticipation of a price cut. Even if developers refuse to decrease the price, especially in the high end, they can't hold out for long if the volumes stagnant like this," she said. (Editing by Neil Chatterjee)
Its all coming down for sure...
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Singapore home sales seen slumping to 5-year lows
By Daryl Loo
..............
Quote:
Originally Posted by Unregistered
Its all coming down for sure...
Hey born loser!
Why keep muliplte-post your 3-week-old news anywhere?
Why not post a 3-month-old or 3-year-old news in all the threads?
Anyway, price increased by 4.2%. No old writing can change that.
Go post a 3-year-old news here. It may help you, loser!
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Re: CIMB-GK Singapore Property Sector 2 April 2008
how many sour grape eaters here?
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
how many sour grape eaters here?
No time to count.
Go count the number of times that 3-week-old article have been posted in this forum by the sour grape. That will be the number.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Its all coming down for sure...
IT IS BUDDY. ONLY IF YOU HAD POSTED IT 2 WEEKS AGO I WOULD STILL HAVE GOT 10% HIGHER. WHO WILL HELP ME NOW.
I AM STUCKKKKKK OHHHHHH STUCKKKKKK.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
IT IS BUDDY. ONLY IF YOU HAD POSTED IT 2 WEEKS AGO I WOULD STILL HAVE GOT 10% HIGHER. WHO WILL HELP ME NOW.
I AM STUCKKKKKK OHHHHHH STUCKKKKKK.
Exactly!
Now you are stucked with a price increase of 4.2%. It was lower 2 weeks ago.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
IT IS BUDDY. ONLY IF YOU HAD POSTED IT 2 WEEKS AGO I WOULD STILL HAVE GOT 10% HIGHER. WHO WILL HELP ME NOW.
I AM STUCKKKKKK OHHHHHH STUCKKKKKK.
Maddog/tigersee, the foreigner, don't reply your own message.
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Re: CIMB-GK Singapore Property Sector 2 April 2008
Quote:
Originally Posted by Unregistered
Maddog/tigersee, the foreigner, don't reply your own message.
Maddog/tigersee posting and replying. Please lah market going up why you cry? Unless you are not vested...