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Thread: Property price is coming down fast

  1. #901
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    Default

    Greek PM abandons referendum on Greek debt plan


    By ELENA BECATOROS and NICHOLAS PAPHITIS

  2. #902
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    Posts
    8,926

    Default Be prepared

    [Basic (Scar):]
    I know that your powers of retention
    Are as wet as a warthog's backside
    But thick as you are, pay attention
    My words are a matter of pride
    It's clear from your vacant expressions
    The lights are not all on upstairs
    But we're talking kings and successions
    Even you can't be caught unawares
    So prepare for a chance of a lifetime
    Be prepared for sensational news
    A shining new era
    Is tiptoeing nearer
    [Shenzi:]
    And where do we feature?
    [Basic (Scar):]
    Just listen to teacher
    I know it sounds sordid
    But you'll be rewarded
    When at last I am given my dues
    And injustice deliciously squared
    Be prepared!
    [Spoken]
    [Banzai:] Yeah, Be prepared.
    Yeah-heh... we'll be prepared, heh.
    ...For what?
    [Scar:] For the death of property king.
    [Banzai:] Why? Is he sick?
    [Scar:] No, fool-- we're going to kill him. And Singapore too.
    [Shenzi:] Great idea! Who needs a property?
    [Shenzi (and then Banzai):]
    No property! No property! la--la-la--la-laa-laa!
    [Scar:] Idiots! There will be a property king!
    [Banzai:] Hey, but you said, uh...
    [Scar:] I will be property king! ...Stick with me, and
    you'll never go hungry again!
    [Shenzi and Banzai:] Yaay! All right! Long live the king!
    [All Hyenas:] Long live the king! Long live the king!
    [Full song again]
    [Hyenas: {In tight, crisp phrasing and diction}]
    It's great that we'll soon be connected.
    With a king who'll be all-time adored.
    [Scar:] Of course, quid pro quo, you're expected
    To take certain duties on board
    The future is littered with prizes
    And though I'm the main addressee
    The point that I must emphasize is
    You won't get a sniff without me!
    So prepare for the coup of the century
    (Oooh!)
    Be prepared for the murkiest scam
    (Oooh... La! La! La!)
    Meticulous planning
    (We'll have food!)
    Tenacity spanning
    (Lots of food)
    Decades of denial
    (We repeat)
    Is simply why I'll
    (Endless meat)
    Be king undisputed
    (Aaaaaaah...)
    Respected, saluted
    (...aaaaaaah...)
    And seen for the wonder I am
    (...aaaaaaah!)
    Yes, my teeth and ambitions are bared
    (Oo-oo-oo-oo-oo-oo-oo)
    Be prepared!
    [All:]
    Yes, our teeth and ambitions are bared
    Be prepared!
    Ride at your own risk !!!

  3. #903
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    Default

    We shall have to wait till tonight. People may start offloading later today.
    Quote Originally Posted by rattydrama
    Greek PM abandons referendum on Greek debt plan


    By ELENA BECATOROS and NICHOLAS PAPHITIS

  4. #904
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    Default

    What is this ???

    and also this phrase:

    [Scar:] No, fool-- we're going to kill him. And Singapore too

    could we use ISA...property terrorist is here




    Quote Originally Posted by phantom_opera
    [Basic (Scar):]
    I know that your powers of retention
    Are as wet as a warthog's backside
    But thick as you are, pay attention
    My words are a matter of pride
    It's clear from your vacant expressions
    The lights are not all on upstairs
    But we're talking kings and successions
    Even you can't be caught unawares
    So prepare for a chance of a lifetime
    Be prepared for sensational news
    A shining new era
    Is tiptoeing nearer
    [Shenzi:]
    And where do we feature?
    [Basic (Scar):]
    Just listen to teacher
    I know it sounds sordid
    But you'll be rewarded
    When at last I am given my dues
    And injustice deliciously squared
    Be prepared!
    [Spoken]
    [Banzai:] Yeah, Be prepared.
    Yeah-heh... we'll be prepared, heh.
    ...For what?
    [Scar:] For the death of property king.
    [Banzai:] Why? Is he sick?
    [Scar:] No, fool-- we're going to kill him. And Singapore too.
    [Shenzi:] Great idea! Who needs a property?
    [Shenzi (and then Banzai):]
    No property! No property! la--la-la--la-laa-laa!
    [Scar:] Idiots! There will be a property king!
    [Banzai:] Hey, but you said, uh...
    [Scar:] I will be property king! ...Stick with me, and
    you'll never go hungry again!
    [Shenzi and Banzai:] Yaay! All right! Long live the king!
    [All Hyenas:] Long live the king! Long live the king!
    [Full song again]
    [Hyenas: {In tight, crisp phrasing and diction}]
    It's great that we'll soon be connected.
    With a king who'll be all-time adored.
    [Scar:] Of course, quid pro quo, you're expected
    To take certain duties on board
    The future is littered with prizes
    And though I'm the main addressee
    The point that I must emphasize is
    You won't get a sniff without me!
    So prepare for the coup of the century
    (Oooh!)
    Be prepared for the murkiest scam
    (Oooh... La! La! La!)
    Meticulous planning
    (We'll have food!)
    Tenacity spanning
    (Lots of food)
    Decades of denial
    (We repeat)
    Is simply why I'll
    (Endless meat)
    Be king undisputed
    (Aaaaaaah...)
    Respected, saluted
    (...aaaaaaah...)
    And seen for the wonder I am
    (...aaaaaaah!)
    Yes, my teeth and ambitions are bared
    (Oo-oo-oo-oo-oo-oo-oo)
    Be prepared!
    [All:]
    Yes, our teeth and ambitions are bared
    Be prepared!

  5. #905
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    Default

    pis phantom_opera Dick Lee in the making?



  6. #906
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    Quote Originally Posted by basic
    when time comes, I will change the thread title to " Spore porperty price is going to crash now"...time is not ripe yet....

    why ECB cut rate?? because economy condition worsen....
    more importantly, they beg for money now, you want money you should give higher rate with worsen condition...they cut rate instead, who want to lend them??......
    this rate cut due to show colour by new chief, it will lead to ho lan eventually...


    Greece 1 yr bond rate now 234%....2-3 weeks ago still 134%....
    2 yrs bond rate is 107%....
    so attractive, people still dare not buy, why??....
    when all these lead to Euro gone case....world financial & economy crashing...spore with no resources, who care.....


    Will Greece be forced to drop the Euro?


    November 3rd, 2011

    let see Greece PM resign today??....
    save Greece or save Euro$?....

  7. #907
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    Default

    Quote Originally Posted by irisng
    My father had an asmatic problem. His problem got worsen when the Indonesia burned the forest and causing S'pore air to be polluted. We went down to visit him on Saturday, he looked all right, still happily preparing dinner for us but Sunday morning he was gone. Life is really unpredictable.
    Sorry to learn this. My deepest condolences.

  8. #908
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    Default

    basic been replying to himself

  9. #909
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    Quote Originally Posted by basic
    a responsible govt, FD rate> inflation rate...this is a people govt, work for his people....look at Australia, rate is 4.5%, inflation is 3.5%....
    China is not bad, at least try to meet, rate is 3.5%, inflation 6%...
    Spore is rate 0.25%, inflation 5.5%....US works for wall st. only, but still better than spore, we are the super greedy one.....

    so MAS keep claiming since many yrs back, strong S$ to fight inflation?? bullsh.it?? inflation keep moving up....we know actual is much higher than 5.5%...if I am not wrong, property price is not our inflation item....
    they refuse to use interest rate to fight inflation....so their strong S$ fight inflation fail long ago...yet bo chap....they try super hard to twist by words, but reality don't cheat....they know...
    strong S$?? S$ is weak compared to major currency in the world...AUD, YEN, Euro, RMB......shout only...
    they will argue high interest will hurt ecoonomy, then hurt people...blah blah..hard truth?? we all know....
    this world is very funny....everywhere no money, bank, brokerage...bankrupt, retrenchment everywhere...country going to default, banks too very soon....unemployment so high everywhere, no jobs, no money to buy things....bad debt is so high, NPL loan too rising high inmany parts of the world....go to china, you will know how many factories closed down, unoccupied, empty factories.....
    so high risk to do business, to loan out money due to bankrupt anytime......yet cut rate to loan money??....what will be the conseouences?? borrow new loan to repay old loan??....
    let see how the music going to stop...coming soon....


    punt punt....who know what will happen this weekend?......

  10. #910
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    Quote Originally Posted by devilplate
    basic been replying to himself
    hehehe..

  11. #911
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    Borther Basic.....

    Please....
    I listen to you to sell all my properties and now you leave me i a lurch and do not want to tell me what to do????

    Please HELP!!!!!!!!!!

  12. #912
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    Quote Originally Posted by CCR
    Borther Basic.....

    Please....
    I listen to you to sell all my properties and now you leave me i a lurch and do not want to tell me what to do????

    Please HELP!!!!!!!!!!
    Brother CCR, you have eyes but you do see. you read but you dont understand.
    Master Basic already tell you to keep cash in local Singapore banks and not other foreign banks in Singapore.
    Holding cash is eaten by inflation, net loss 4% a year.
    Holding property value drop by 50%, so hold cash still come out ahead.

    Please go back to your meditation chamber and reflect on the Master's words.

  13. #913
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    Aiyo yo, so embarrassing leh. In fact, my father had passed away for more than 20 yrs, everything has gone back to normal. Times will erase part of the memory. Not that bad now. Anyway, thank you so much everybody for your console.

    He is indeed a very good father.

  14. #914
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    Quote Originally Posted by irisng
    Aiyo yo, so embarrassing leh. In fact, my father had passed away for more than 20 yrs, everything has gone back to normal. Times will erase part of the memory. Not that bad now. Anyway, thank you so much everybody for your console.

    He is indeed a very good father.
    if more than 20 years ago, haze from indonesia not so bad la. land clearing for plantation not in full gear yet. so the cooking fumes must be the culprit.

  15. #915
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    Quote Originally Posted by rattydrama
    my info dated 2 years ago. NTUC's rate wasnt that attractive except LUV. But LUV capped at 200k so not good enough. Great Eastern rate is good for short term insurance say 5 or 10 years type just for the basic death including PA.

    Tokyo marine generally gives you better rate of return for child education term insurance. base on historical, they nvr cut interest rate. its soemthing like pay for 5 yr at about 600 per month and u get 90k when he reach uni age...gauranteed + add non gauranteed. (stand to be corrected as need to check policy but should be something in this manner.)


    hope this info helps and back to ppty.
    What do you think about AIA Insurance? Thought of upgrading my current hospitalisation insurance to "as-charged" or should I change the insurance company?

  16. #916
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    Quote Originally Posted by hopeful
    if more than 20 years ago, haze from indonesia not so bad la. land clearing for plantation not in full gear yet. so the cooking fumes must be the culprit.
    Alamat, I think I got it mixed up. My mother died on 02/02/1986 and my father died on 02/10/1994. So it was my mother who had died >20 yrs while my father >10 yrs. I'm so unfilial leh, cannot even remember which year they died off hand, have to refer to my diary, sign......

    "The haze is back in Singapore, with the PSI in the unhealthy range. How would you cope? ... Before the 2006 haze situation, the last 3 big ones -- 1997, 1994, 1991 ..."

    http://search.yahoo.com/search;_ylt=...r=ush1-finance

    http://www.sgh.com.sg/about-us/newsr...itsTimes,.aspx

  17. #917
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    Quote Originally Posted by irisng
    Alamat, I think I got it mixed up. My mother died on 02/02/1986 and my father died on 02/10/1994. So it was my mother who had died >20 yrs while my father >10 yrs. I'm so unfilial leh, cannot even remember which year they died off hand, have to refer to my diary, sign......

    "The haze is back in Singapore, with the PSI in the unhealthy range. How would you cope? ... Before the 2006 haze situation, the last 3 big ones -- 1997, 1994, 1991 ..."

    http://search.yahoo.com/search;_ylt=...r=ush1-finance

    http://www.sgh.com.sg/about-us/newsr...itsTimes,.aspx
    Case Study : http://library.thinkquest.org/C004470/Singapore.html

  18. #918
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    Quote Originally Posted by hopeful
    Brother CCR, you have eyes but you do see. you read but you dont understand.
    Master Basic already tell you to keep cash in local Singapore banks and not other foreign banks in Singapore.
    Holding cash is eaten by inflation, net loss 4% a year.
    Holding property value drop by 50%, so hold cash still come out ahead.

    Please go back to your meditation chamber and reflect on the Master's words.

    I did not say keep cash in S$ in local bank....
    I said there is nothing suitable for long term for now...
    If you are skillfull, plenty of short term investment due to volatility these days....
    If you read my earlier posting, S$ is not strong yet rate is super bad....

  19. #919
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    Tech sector in Taiwan, many already started unpaid leaves from now till next yr.....>20,000 of them....
    on & off unpaid leaves from now on are much higher....

    gobal 90% notebook, Ipad, mobilephone, smart phone, Xbox, PSP, Playstation....from Apple, HP, Dell, Sony, Toshiba, ASUS, Nokia, SE, HTC, Acer....are all designed & produced by Taiwanese.....

    AMD global retrenchs 12% of total headcount....
    many factories in China...if you move around Guangdong & ZheJiang...many empty, unoccupied....slowdown in global demand, high labour & material cost already impacted china manufacturing.....closed down, default, run road, bad debt, NPL...will accelearate in next few quarters.....


    there is 2 semicon related companies in Spore retrenched a few hundreds employees last month....more retrenchment coming as Spore semicon & technology are no way to compete or compare to taiwan.....

  20. #920
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    Quote Originally Posted by basic
    I did not say keep cash in S$ in local bank....
    I said there is nothing suitable for long term for now...
    If you are skillfull, plenty of short term investment due to volatility these days....
    If you read my earlier posting, S$ is not strong yet rate is super bad....
    So essentially he means keep cash in bank lose money due to inflation - lose money, put in property will lose money in 2yrs time, do short term investments, at ur own risk *also lose money*, so in conclusion, u will lose money but at least u will not lose 30% of your property value since you sold yours already

  21. #921
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    No IMF, EFSF Participation In European Bailout: Merkel Says G20 Fails To Reach Agreement On IMF Resources, Nobody Wants Any Piece Of EFSF



    Submitted by Tyler Durden on 11/04/2011 08:06 -0400

    can keep talking buut cannot come out with detailed plan & implementation...
    when market has no more patience....will just dump everything....next week we will see some action....time is running out....

    German Chancellor Merkel says hardly any countries in G20 have said they will participate in the EFSF


    all the PMI # in all Europe countries are su.cked....keep contracting, no sign of recovery.....with debt burden, make it much harder to return...

    Italian bond market not taking comfort in IMF surveillance

    By Jamie Coleman || November 4, 2011 at 13:40 GMT
    || 1 comment || Add comment
    Italian yields have spiked about 20 bp this morning, helping pressure EUR/USD.
    The news that the IMF will be making quarterly visits to Rome to oversee the budget process apparently has not calmed investors. Perhaps it signals how bad the problem is…




    many focus in Italy now....another one to go down like Greece, I don't think this country can take austerities yet already bankrupt....cut cut cut or default.....can mafia kuay kuay to oblige??.....

  22. #922
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    Quote Originally Posted by dtrax
    So essentially he means keep cash in bank lose money due to inflation - lose money, put in property will lose money in 2yrs time, do short term investments, at ur own risk *also lose money*, so in conclusion, u will lose money but at least u will not lose 30% of your property value since you sold yours already
    say & twist what you like.....

  23. #923
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    Quote Originally Posted by blackjack21trader
    Dear bro irisng, my condolence is with you. I can understand your feelings for your father as I myself is an asthmatic . Several weeks ago, I also had an ashmatic attack because of the forest fire.

    I do believe your father is in a better place than us all now.
    You have to take care of yourself too. I heard that for those people who suffer from asthma problem, the best is try to avoid hairy animals and soft toys.

  24. #924
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    Quote Originally Posted by basic
    say & twist what you like.....
    twist & say what your twisted words as you like

  25. #925
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    Quote Originally Posted by dtrax
    twist & say what your twisted words as you like
    only fools know will lose 30% in any investment, yet invest....
    only fools buy property now....

  26. #926
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    Lagarde: IMF will not lend to EFSF

    By Jamie Coleman || November 4, 2011 at 14:55 GMT
    || 2 comments || Add comment
    • IMF lends to countries, not legal entities



    china, brazil & Japan also will not lend to EFSF...where do they get money??....

    why even Germany & France also refuse to put money into EFSF??....
    why need to leverage?? no money...
    why ECB cannot print?? because Germany will not allow any printing....
    cannot print? nobody lending? how??....next 1-2 weeks, market will react....

  27. #927
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    Quote Originally Posted by basic
    only fools know will lose 30% in any investment, yet invest....
    only fools buy property now....
    Is the word "fools" your trademark?

  28. #928
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    Default It is back to basic

    Assume 2 scenarios

    Advanced economies survive.
    They have to export more to us.
    Economy is rosy, inflation comes down. Stocks market up. No firesale for friend basic.

    Advanced economies bankrupted
    Every 2 years 1 MRT, open the gates to more spr and foreigners will cushion the economic shock of external problem. Everything hold by controlling supply since we have enough reserves. Decade of inflation about to stay. No firesale for friend basic.

    If you cannot justify a SEA financial crisis, no firesale for you
    Affordable means small

  29. #929
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    Quote Originally Posted by irisng
    You have to take care of yourself too. I heard that for those people who suffer from asthma problem, the best is try to avoid hairy animals and soft toys.
    Good to invest in a quality hepa air purifier for your home, office and car as well.
    http://app2.nea.gov.sg/psi_aircleaning.aspx

  30. #930
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    Quote Originally Posted by yjcai
    Assume 2 scenarios

    Advanced economies survive.
    They have to export more to us.
    Economy is rosy, inflation comes down. Stocks market up. No firesale for friend basic.

    Advanced economies bankrupted
    Every 2 years 1 MRT, open the gates to more spr and foreigners will cushion the economic shock of external problem. Everything hold by controlling supply since we have enough reserves. Decade of inflation about to stay. No firesale for friend basic.

    If you cannot justify a SEA financial crisis, no firesale for you
    advanced economy export to us?? what?? nothing....unemployment at >20% for many yrs till today, getting worse...look at all their PMI, contracting to multi-yrs low now....continue to go down....no jobs, produce nothing, no business, export what to you??....

    western world no jobs, no money, cut spending, cut budget, no demand....they don't buy, we also no need to produce....so retrench, close down, bankrupt.....why still need PR/FT/FW/foreigners?? instead at least send 50% of current one back.....if import more, then riots, unrest, dead bodies everywhere, reservoirs floating everyday, murder, kidnap, robbery, burglary.....police very busy lah.....this is spore....

    fire sell....don't buy...fire fire sell...not interested...If like that our banks also bankrupt....

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