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  1. Re: Scaled-down test to get more housing agents qualified

    Sad to hear that the test is being scaled down to allow more to qualify ie quality is being sacrificed for quantity. Unfortunately, a more important aspect than knowledge is integrity (I personally...
  2. Re: US mortgage crisis to cost $1.3 trillion worldwide

    Tighter credit conditions in Spore has seen its first victim ie Bravo saga. Much of the spectacular growth we have seen over the past few years have been a result of excess liquidity, excessively lax...
  3. Re: Two en bloc sales delayed; developer asks for more time

    I wonder how many en bloc deals are there out there that resident have not been paid yet. For those 2nd or 3rd tier developers like Bravo..well they can forget about financing those deals if the bank...
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    Re: The Madeira & Guilin View

    I think for every development we will see a handful of such jump in prices - there are a group of people out there who need a place and fear being left out; enbloc millionaires; speculators etc -...
  5. Re: New record: Five-room HDB flat goes for $720,000

    Dont hear anymore of such sales...suggesting these were one off in nature.
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    Re: The Madeira & Guilin View

    Guilin 4 room owners (1700 sq ft + 1800< sg ft) asking for $1.0 mio! just a few months ago $700k+...i think its the "fishing" attitude taken by a lot of owners...not necessarily will be done.
  7. Thread: Palm Garden

    by Boon
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    Re: Palm Garden

    Just an update...latest caveats show a few units going at $480-490k. Up 20% in a few months.
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    Re: Time to exit, not enter, markets

    I think he was referring to "speculation" i.e. those buying for speculation.
    Maybe you could choose to rent. It's not a dirty word. I have colleagues who have sold and in turn, rented or moved in...
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    Re: No bubble to burst

    It was a figure of speech - yes different asset markets have different "bubble" indicators but what I cited is a general cliche to suggest a market is in such a situation. I certainly do not expect...
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    Re: Preparing for a global market crash in 2009

    While Clemen's comments may seem hogwash to some, he is basically referring to what is the spending/saving pattern of an individual's life-cycle (very very roughly, an individual spends in the first...
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    Re: Can Asia withstand a US slowdown?

    OMG! i'd better find out where the city circuit will be - hopefully it runs past my cheap hong lim hdb apartment - i am sure prices of apartment where the circuit runs through will double in value as...
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    Re: No bubble to burst

    I dont think we've seen a bubble yet in Singapore - at least not until we've seen every uncle, aunty and taxi driver buying into properties...then we know it's a bubble. :)

    In fact - and I've...
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    Re: Can Asia withstand a US slowdown?

    I personally do not subscribe to the argument "Asia is decoupling from the US". Everybody points to inter-regional trade and China + India as engines of growth that will ensure Asia remains on its...
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    Re: Survey of market participants

    That's much higher than the national average, even from crisis lows. Would you care to share where is this property? Just curious to know what drives this particular property so much higher than the...
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    Survey of market participants

    There has been a lot of discussion with regards to whether we are in a property bubble or otherwise. i think an anecdotal way of gauging whether such a condition exist - and this is a very behind the...
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    Re: His warning: Beware of Malaysian property

    I was unfortunate enough to buy a project at Bukit OUG by MBF property prior to the crisis. Same story.

    My advice to those looking to buy into malaysian properties for investment:

    (1) good...
  17. Thread: Buyers Beware

    by Boon
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    Re: Buyers Beware

    Thanks. That's what happened to my friend exactly (although he merely initialed the pages of the OTP to signify that he had read it and not actually sign the OTP).
  18. Thread: Buyers Beware

    by Boon
    Replies
    18
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    10,900

    Re: Buyers Beware

    Not sure. $1 mio was just an example but a likely size if say I were to bunch up with a few friends/acquitences to buy a central unit. While gains will be lower as it's divided, risk is lowered to...
  19. Re: What makes this property boom different from the past booms?

    Yes - i have been looking at properties in the west and adverts there have also dwindled. In particular, I have been following Madiera, a condo in Bt Gombak...a particualr agent had advertised a...
  20. Thread: Buyers Beware

    by Boon
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    10,900

    Re: Buyers Beware

    Thanks.
    Is there any way a group of buyers who pool their funds together e.g. 10 buyers each forking out $100,000 to create a pool of $1.0 mio to buy an apartment, can create a legal entity to own...
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