Ai yoh, Still asking people to buy properties? The big global recession is coming you know?
In early 2009, I give my opinion that that was the best time to buy, but most people probably didn't...
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Ai yoh, Still asking people to buy properties? The big global recession is coming you know?
In early 2009, I give my opinion that that was the best time to buy, but most people probably didn't...
Those buy to spend and enjoy, not invest lah! Just like rich people buy rolls royce at >$1M each, to make money mah?!
So you have to differentiate buy to enjoy and use or buy to invest, criteria...
I believe the stock market peak is now over but it will stay high for a while. So buying now is like buying near historical highs?
If both hold for 99 years, the 99-years leasehold property has a value of $0!
While the freehold property would have increased with inflation!
How can 99-years leasehold property has higher value...
Indeed, so the hoo-la-la in properties will still continue for another 2-3 years?
Anyway, new enbloc sales will be mostly killed because of the enbloc tax imposed on developers? This will have...
This kind of 99-years leasehold properties >20 years old will have less and less buyers until they "have price (from new properties) but few/no buyer (for these aging 99-years leasehold properties)"!
My 30+ years investing experience:
Never ever buy ILPs, Whole Life insurance, high expense ratio Unit Trusts!
Theoretically, this is the case. Practically, this is not going to happen because US will then create war threats, wars in Middle-East etc and most big money will shift their money to "safe-haven"...
Sounds like a case where a unit or 2 owned by a family is for sale but represented by multiple property agents?
No rent means not an asset?
Not true lah!
Say I buy a freehold property at $100k. 20 years later become $5M. If I sell at $5M means my profit = 4,900%!
4,900% profit so not an "asset"?
Only...
I like what they did: Keep printing money!
When they print, the others also have to print their own currencies otherwise their currencies become too strong!
End effect is monetary inflation...
Based on your logic, the same is true for HDB SERS! - That is, HDB SERS
are unhealthy. First, they are a waste of resources, with many perfectly fine housing blocs razed to make way for ones that...
Yap, What the property "cooling measures" do is just like last time property price recession, developers change to cheap materials and worksmen (1 of the condo now having law suite with developer is...
Well, as we know, properties are getting more and more expensive because of ABSD "cooling measures".............................. Ha ha ha! ABSD collect $$$ and make properties more expensive is also...
Let me tell you this: In the long run, your money in banks will be "inflated" away (so much so that your cash can buy much less than what you can buy today)!
Don't believe?
Water price up 30%,...
Return on our cash investment is the return of our money, so it is the "yield", nothing wrong about it.
We use that to compare to say putting that cash in the banks or somewhere else and ask...
I see more $$$ :cat:
They want to take a profit cut of 5% from enbloc sale?!
The euphoria in property market are basically OCR and those new estates they are pushing up (like Jurong, Payar Lebar). Don't see them being more targeted in their approach to cool them?...
I am also confident that 30+ years later, MO price will go no where and even crash to ground (vs freehold private properties in D10-D11).
Might as well buy the freehold resale condo with full facilities now still going for about $2500 psf nearby along Paterson Hill and nearer the Orchard MRT station and shopping malls (vs this...