Who told u? Agt?Originally Posted by Jadey
Arcadia dropped more den 10% liao
Older 99lh first to drop?
Who told u? Agt?Originally Posted by Jadey
Arcadia dropped more den 10% liao
Older 99lh first to drop?
Originally Posted by devilplate
I think we are looking at the same data but with different interpretation. The amount of landed homes in the last 20 years has not increased very much. New landed developments are few and generally yield only a few hundred units at each new launch. Most transactions are resale. Bcoz of the quantum required for purchasing a landed, buyers are usually of a certain income category.
Non-landed homes on the other hand through plot ratio revisions have sprouted up like mushrooms through the years. It offers a wide range of prices that people of all income range can buy in and get their feet wet.
If a crash comes, non-landed properties have a wider spectrum of owners are affected. For a 500 unit condo, you only need one desperado seller to give in to a lower psf to start a psf spiral downwards for that development. For sure a crisis will affect the landed owners as well, but the exposure I feel is less and therefore landed prices are less volatile.
Just my thoughts.
We shd peak next year. Whether e bubble will burst dep on retrenchment of owners or tenants.Originally Posted by blackjack21trader
Most probably not a sudden bust, but more of a stagnation in prices or a slow deflation of prices maybe.
I think there are some early signs that we might be heading for some sort of landing. For example the central region rental is starting to dip, unemployment number is inching up, GDP is revised down, SGD is weakening (funds pulling out)...blah blah blah. But hey, ,most of us got holding power......Originally Posted by azeoprop
Correction will start with CCR, the more atas the worse. Just look at stock performance of CAPL vs UOL vs SL you will know why.
Ride at your own risk !!!
if 80% have holding power, BUT the 20% start dumping cheap to create a spiral downward on prices as well as valuations. how?Originally Posted by avo7007
*in camp, u just need 1 sabo king to punish the whole platoon.
STI hits bottom of 2.4k and stay there for next 6m - 10% correction
STI hits 2.2k and stay there for next 6m - 15% correction
STI hits 2k or below and stay there for next 6m - 20% correction
Dow Gold ratio goes below 4 - 25% correction
Dow Gold ratio goes below 3 - 30% correction
Dow Gold ratio goes below 2 - 40% correction
Dow Gold ratio hits 1 - 50% correction
Ride at your own risk !!!
Don't say until like that leh. These sabo kings are also the same people who move our property to record level.Originally Posted by jwong71
Let's see whether HK or SG will be the first country to start reversing the cooling measures if the need arises.
FTSE is now below 5,000. panic has stricken the world.
Dammit! George Soros was right all along.Originally Posted by stalingrad
HSI leads the world into abyss -660, HSCE now -436, Dow futures -120
Shares in Franco-Belgian bank Dexia plunged more than 37 percent in early trade on Tuesday, despite a government pledge to step in if needed amid concerns a collapse or break-up is on the cards.
The French and Belgian governments will "step in if necessary" to bail out Dexia once more, Belgium's finance minister Didier Reynders said early Tuesday, following an emergency board meeting which left open the possibility of it being broken up.
The Franco-Belgian bank, already bailed out when the US mortgage market crashed in late 2008, is in danger of becoming the first major European banking institution to fall since the sovereign debt crisis began last year.
Dexia's shares lost more than 10 percent on Monday on warnings of an imminent credit rating downgrade over fears about its liquidity and wider concerns of exposure to eurozone sovereign debt.
Last edited by phantom_opera; 04-10-11 at 15:59.
Ride at your own risk !!!
omg, this afternoon both hsi and sti plunge like nobody's business...
I believe the property crash will come after all.
if not a major crash, it will be a minor one.
Waiting and waiting for eternity. Singapore stocks reached 2 year low today... Time is near le!Originally Posted by stalingrad
no worries.. based on agents and alot of ppl still vested, the property market will never fall since Spore will open the flood gates for immigrants and all the world over will flock to Spore the safe haven.
For people who invested monthly on investment-linked insurance or endowment policy and hope for good return for 20y, it may be a total disaster if this continues.
Ride at your own risk !!!
Will those buying CCR have more holding power or those buying OCR?Originally Posted by phantom_opera
That will determine which will correct earlier right?
SC Global, pure CCR play:Originally Posted by Jonathan0503
Sim Lian, pure OCR play:
So market expects CCR to correct or OCR?
Ride at your own risk !!!
Sg always followerOriginally Posted by kane
Looking at the SGD chart, I don't think so.Originally Posted by ahkongkid
In a globalised economy, I think if the rest of the world crashes Singapore will follow too... . I'll take the agents' words with a handful of salt. There may a lot of people vested but they can't control external factors. Singapore was strong during the '97 crisis but still got dragged down.Originally Posted by ahkongkid
Maybe the 4 year ssd will prevent some firesales from happening?
Last low higher than previous low. Anyway interest rates are low.
Affordable means small
e.g: 10,000 units sold till date, 70% bgt earlier (never kena SSD), 30% bgt later (kena SSD).Originally Posted by azeoprop
got the answer? 7000 units can afford to firesales, 3000 units cannot afford
Originally Posted by howgozit
bongo
people seem to ignore the effect of GLOBALISATION
no developed, or developing country has immunity
those who think asia is safe is just plain ...... ....i shant put a word to it
you decide what word is appropriate
Historically, the property market is behind the equity markets by about six months.
However, this is not the case since post Lehman crash in the equity market. Property market is above all time high but not the equity.
The two markets have seemed to be decoupled.
Not decoupled but maybe other supporting factors are holding the housing market better than in the past. Factors such as a shift in world power to the east plus the ailing European economy allows more security in housing investment here. Given time, housing market will definitely reflect the equity markets. Maybe the lag duration has been stretched further? 2012 will be more exciting to watch!Originally Posted by Laguna
When our new President have to approve to dig into our Re$erve, sure it is time...Originally Posted by ysyap