Property price is coming down fast

[basically]

100 buyers pulled out from Q Bay Residences Pre-booking.

Great Singapore Property Sale now on!

Discounts galore for many new private residential properties.

Today news annouced developer giving 24% discount...the price war JUST begin!

24%...still negotiable to 25%, 30%?.....
price war already started…better dump fast before price collapse, rate hike on the way, global currency war already started, tons of layoff & pay cut ongoing now, GDP down, output & export down, business plunge, no demand, global in re cession, print $$ already no effect as no junk to buy using money now, super high risk & collapse anytime….

no jobs, no tenant, no buyers…rental & price down….there is much better value property around the world, when US & western world property up, asian property will c rash hard…..so cheap & nice property at a fraction of price…..

tons of supply on the pipeline….>40000 unsold new units, many sold for 2-5 yrs still no takers….plus another 100,000 resales units…plus another 90k-100k of new completed in next 2 yrs…..of course khaw already said 25k of BTO this yr, can increase another 7k units….land sales must dump out more since developers so interested….

globally, all kind of wars looming…currency, trade, military, chemical & biological…fight for business & jobs for their people, no more win-win, fight for survival now….time is now, clash to crash……whether to send back gold, sell US bond, buy other’s currency, import taxes, protectionism…..

be patient..spore property down>50% by 2015 is nothing…..developers gives 24% discount is nothing…down 30-40% also don’t buy…stop buying, wait for weak holders & developers to bankrupt, then buy….





many still living in denial, especially resale, refuse to cut >20%, then stop buying from them.....ignore totally, no down >50%, no buy...no 2015, no buy....stop viewing, ignore property agent completely....let them bankrupt & crash...let developers run 1st, last one to run, 1st to bankrupt....

[basically]

Will DOW Hold 14K? US To Reduce War Spending MASSIVELY In Coming Years, Obama’s Balanced “Tax-Loophole” Closing Will Crush Corporate Earnings, Insider Selling Surges, And World Risks ‘Perfect Storm’ On Capital Flows As Currency War Started
February 5th, 2013










Sure….tax hike to balanced deficit & obamacare & tons more of capital gain taxes….all will crash corporate earning, also share price…let them fake & fraud again & crash harder…..

insider is selling & run road now….smart one already distribute & get out totally….like Yahoo…
same to spore property….big boy is trying very hard to get out..once done, total collapse…
time is running out…currency war already started…
global market collapse anytime….hold thru’ CNY is a big risk……




by 2015...50% of global banks will be bankrupt.....when crisis hit....all the worms will b e out..bad debt, non-performing...bankrupt...

[basically]

The entire system is corrupt to its core.The system they have created is mathematically unsustainable. Therefore, it will not be sustained.

Both political parties, regulatory agencies, Wall Street, the Federal Reserve, and mainstream media are participants in this enormous fraud. They grow more desperate and bold by the day. The lies, misinformation and propaganda being spewed on a daily basis become more outrageous and audacious. They are using the Big Lie method on a grand scale. They frantically need to lure the muppets into the stock market and the housing market to keep the game going a little longer.

02/06/2013 - 16:59

The EU’s Systemic Corruption Makes Solving the Crisis Impossible
February 5th, 2013




Jean Pisani-Ferry: Distressed Europe should not be bribed to reform
February 5th, 2013









corruption, bribery…result of QE & printed $$....
fair? there is no fairness in printed $$.....it’s all about robbing $$ globally…
cronyism is not raided national reserved??.....

be patient….got karma & will not run away…
all bubbles will burst…on the way now…Europe from recession to great depression….
then currency & economy collapse….spore will crash real hard once Europe down starting from 2013….
spore property down>50% by 2015 is nothing…no 2015, no buy….

[basically]

Danger Is Imminent: According To Numerous High-Level Insiders, We’re In A Dangerous Global Currency War. Insiders Are Now Aggressively Bearish, And Selling Stocks — At An Alarming Pace!!
February 6th, 2013








already said >6 months ago…currency war will start this Feb…
here it’s now with yen kick start…..
any war will end in blood…..another war of trade is looming now….

why war?? because already cannot survive….economy already collapsing & in panic mode….
let them fight & kill each other end result is global economy total collapse & stock market crash…..
be patient, starting form 2013…already unfolding now…get out fast before too late….spore property down>50% by 2015 is nothing….no 2015, no buy….

[basically]

Professor Robert Pollin & David Rosenberg: I Fail To See What Got Everyone So Excited. Last Quarter Of 2012 Had Zero Growth, Wages Were Lower, Unemployment Higher…. The Broad-Term Trends Are Slowing Down And Doing So Discernibly.
February 6th, 2013








same to spore….spore is even worse than US if you look at GDP & inflation..real GDP already down a few yrs with more heads added….productivity plunges real hard as every head added, GDP should up instead crash down big way….global hedge funds must be watching to take action soon…..

wages is getting lower for new jobs & pay cut for old jobs or layoff….
still fry property price?? real shameless, top down….govt is not for the people…only for a small group to rob taxpayers’ money….all know who…has to pay back wan…
all bubble will burst as not sustainable & collapse….coming…2013….

[basically]

French Government Fears ‘Social Implosions Or Explosions’
February 6th, 2013




The Two Scariest Words In Europe: "Silvio Berlusconi"
02/06/2013




Italian Bond Yields Spike To 6 Week Highs On Surge In Monte Paschi Loss Expectations
02/06/2013








Europe collapsing is for sure…no way to get away & out…
no jobs & demand back…economy will only sink & collapse…
no money from work…except printed $$, this is wrong medicine to kill patient faster….

France, Italy, spain or Greece…..in fire now…
civil war, people power….go to rob back from those corrupted leaders….kill with no mercy….
will spread to the world as all the same today….all is robbing, top down…
no more free market & strong one prevail…so strong one should kill those weak rubbish with no mercy now.….

[basically]

February 6, 2013 4:27 pm
Canada housing cloud cast over Carney

Central banker’s record loses shine as property prices fall
The lack of buyers is sobering evidence that Canada’s housing boom, which began in 2000 and bounced back to life after the financial crisis of 2008-09, is now over.
Vancouver, which until last year had Canada’s strongest growth in house prices, is now its weakest region. The number of homes sold in the greater Vancouver area dropped by 23 per cent last year.

Everyone I met in Vancouver thought the property price will keep on going up due to hot money from China...but the last 6 month the hottest property market in the world completely freeze over

china >7000 developers bankrupt in last 1-2 yrs due to bid land price at too high price...all bankrupt....
tons of china property selling property psf below land price....bread is cheaper than flour is common in china...free market....cannot sell, bankrupt, that simple, hope to bailout?? blardy shameless...hahaa.....

look globally for direction...total collapse on the way...if all morons here no money, go & borrow from all the people you know & buy, leveraged 500%.....hahaaaa, dare?? my foot.....
same to local banks...if anyhow loan out mortgage loan, deserve to bankrupt, no bailout.....





developers have to bid high, no choice...but buyers' choice is not buying & let them bankrupt.....like china >7000 developers bankrupt due to bid too high land price & bankrupt....stop buy, no 2015, no buy...no down>50%, no buy....let them bankrupt...they are lucky in 2009, bailout by QE...this time no more QE due to QE total failure & economy collapse...this coming one will be much bigger due to debt is 10x bigger now, much bigger developers will bankrupt...let do it in 2013.....

[basically]

DOUG KASS: ‘I’m Getting The Summer Of 1987 Feeling’ In The Market Right Now, We’re Headed For A Sharp Fall.’
February 6th, 2013





Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?
February 6th, 2013



Why are corporate insiders dumping huge numbers of shares in their own companies right now? Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days? Do Wall Street insiders expect something really BIG to happen very soon? Do they know something that we do not know?








very nice….crash 30-40% overnight like black Monday will be great….
all the junk & bankrupt, waiting to crash to no value….
most listed company in nett negative asset today due to huge borrowing…

most PE also in negative now….stock market pure gambling today…
huge bubble once burst crash down 70-80% is nothing….
be patient…will see in 2013….same to spore property….spore in recession now…huge layoff & pay cut…no buyers & ten ant now…no 2015, no buy,…no down.50%, no buy…

[basically]

DOUG KASS: ‘I’m Getting The Summer Of 1987 Feeling’ In The Market Right Now, We’re Headed For A Sharp Fall.’
February 6th, 2013





Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?
February 6th, 2013



Why are corporate insiders dumping huge numbers of shares in their own companies right now? Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days? Do Wall Street insiders expect something really BIG to happen very soon? Do they know something that we do not know?








very nice….crash 30-40% overnight like black Monday will be great….
all the junk & bankrupt, waiting to crash to no value….
most listed company in nett negative asset today due to huge borrowing…

most PE also in negative now….stock market pure gambling today…
huge bubble once burst crash down 70-80% is nothing….
be patient…will see in 2013….same to spore property….spore in recession now…huge layoff & pay cut…no buyers & ten ant now…no 2015, no buy,…no down.50%, no buy…

[basically]

Greek Tax Hikes Backfire As Tax Revenues Plunge 16%
02/07/2013




The European House of Cards Is About To Collapse
February 7th, 2013



The house of cards that is Europe is close to collapsing as those widely held responsible for solving the Crisis (Prime Ministers, Treasurers and ECB head Mario Draghi) have all been recently implicated in corruption scandals.









with tax rate hike 50%....revenue to hike 50%, but plunge 16% instead….
so more jobless, pay cut & lower pay….global trend now...
also all the corruption…top down due to printed $$....

same to spore?? those responsible to solve the problem with printed $$, who will pocket it 1st??....
If global tax hike but tax revenue collection plunge like Greece…then a bigger market collapse lying ahead….also global civil war on the way….
be patient…no 2015, no buy…no down>50%, no buy….

[basically]

Pfizer shutting down its research in singapore

SINGAPORE] The Republic's clinical research aspirations took a step back as Pfizer, the world's largest drugmaker, pulled the plug on its dedicated clinical research outfit at Raffles Hospital mid-way through its 10-year lease.

Pfizer's exit from Singapore comes amid a shift in research and development models in the global biopharmaceutical industry, which has turned to more flexible and less costly partnerships, alliances and even crowdsourcing.

A company spokeswoman confirmed that Pfizer Clinical Research Unit (PCRU) will close in the middle of this year. About 30 staff members will be affected by the closure.

"This decision was made as part of Pfizer Worldwide Research & Development's ongoing comprehensive effort to increase operational efficiencies and to create a more focused and sustainable R&D engine," said the Singapore spokeswoman.

how much money we lost here?? all the subsidies, grant, tax free, support, set up....
once all the funds provided by spore govt use up....mostly close shops....
don;t waste time in spore R&D.....top down, we rely on lip service & snake oil sales talk.....hands on is not spore strength...
global will know spore has no substances....only big mouth......baseless & will not last.....
so import talents also no use...very soon they will find out, this is not the place for their dream, technology & skill......

[basically]

Einhorn Will Not Take It Anymore: Demands AAPL Buy His Stock At Higher Prices
02/07/2013








apple down almost 40% already cannot take it?....
I said, Apple will be below $90 by 2015…down 90% from it peak…
by then, jump reservoir??.....

be patient….tons of shares will down >90% by 2015….
STI below 1000 by 2015….so what will spore property be by then? down>50% is nothing….
HSI down 90% in 1-3 weeks in 1973.....history will repeat itself?? cycle will.....

[basically]

Things Are Spiraling Out of Control: The Currency War Has Reached A High Fever Pitch While The Real Economy Fades Rapidly After Each And Every Infusion Of Promises From The Central Banks… A “Credit Supernova Is Dead Ahead!!!
February 9th, 2013











read inside this thread for all the hard truth....
currency war already started....
real economy sinking everyday....
debt surges globally>US$1500 trillion now...all has to pay back wan...once squeezed tons will bankrupt min spore....all the debt....
mostly in huge debt today...once bubbles burst, what leftover are all the debt & bankrupt, commit suicide...all deserve it, no mercy....

[basically]

Market Collapse In Process? Billionaires Continue To Dump U.S. Stocks, Traders Are Betting Against U.S. Economy!!
February 9th, 2013







Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?
February 6th, 2013








be patient...next 1-2 weeks will see some good show.....
those shorted Yen & Euro.....hahaaaa....
all the smart one already out of market...'insiders' dumping their holding....
later will see printed $$ shorting the market big way if their sense is still around...then market will total collapse....
spore property crash >50% is nothing.....no 2015, no buy.....

[basically]

Global ‘credit supernova’ turns 2013 bull into bear. Bill Gross warns about Fed’s cheap-money schemes
February 9th, 2013





When Your Entire System is Backed Only By Credibility, Corruption Scandals Can Bring the Whole System Down
February 9th, 2013










with printed $$ globally, spore too?? all know....
a system based on corruption & credit will collapse totally....
2013 is the yr to see the turning point to total crash down....
all the junk & no valued have been push up to super risking level, only fools will buy...
only way to make money are using printed $$ to short the down for huge profit by bursting the bubble.....
same to spore property.....coming....on the way.....

[basically]

Venezuela Devalues Almost 47% — Too Late For Many
February 9th, 2013





South America Goes Critical: Now Chavez Devalues Currency: “This May Well Be the Lighting of the Proverbial Fuse… Everywhere.”
February 9th, 2013











another currency down....after Iran $$ crash down 60-70% in last 1 month.....
currency war will continue to crash down more small currency, soon will see big one total collapse starting from 2013...
Yen already down 25-30% in last few month will see Euro crashing down too later this yr....
S$, consider a small currency?? it has similar pattern of Japan Yen of huge debt to GDP ratio.....
be patient.....spore property, no 2015, no buy....no down>50%, no buy.....

[basically]

CoreLogic: Nearly 11 million borrowers are underwater on their mortgages, and yet home equity lines of credit are suddenly on the rise again.
February 8th, 2013










after foreclosing>10 millions property in last few yrs....still have >11 million property in US in negative asset....
valuation of property below mortgage loan.....
same to spore in n ext few yrs if govt & banks continue to anyhow loan out.....
now with all the asd & charges....tons are in negative asset if they sell today....
once global economy crashing down...stock market collapse....spore property situation will be much worse than US in 2007 subprime crisis....
short STI down below 1000 is nothing.....S$??....
whatever...only yourself to blame......be patient.....will start to see in 2013.....

[basically]

Claudio Grass: Debt Is The Biggest Issue
February 8th, 2013









sure....global >US$1500 trillion of debt is biggest issue....
strong one should just squeezed all these weak & useless debtors to bankrupt.....
those with huge loan, whether is mortgage, personal, company & country loan must whack them down....
those overleveraged must squeezed fast & not let them run away....
time is here...2013...spore property bubble burst....govt don't do it, let global funds do it in spore economy, S$ & STI.....
just do it....

[lajia]

hahaha....just release out...

[basically]

hahaha....just release out...

your wife, sisters & daughters can go to my dogs cage now to wet their xxx....hahaaaa.....all the balrdy morons here are still the same....forever start personal attack....

[Doom]

You can run but you can't hide. The snake year will portend a year of doom. Seems unlikely now to many BUT . . .

[basically]

all the shameless rubbish morons here can only stab form behind....shout like crazy dogs when I am not around.....
as panic & desperate as before.....shout all the nonsense, stress & worry in this bear thread.....
all morons can continue your rubbish personal attack & lies.....

[yjcai]

Oh basic you are back, why you so bearish now?
2010 - bearish / despite so many forumners convince you but obviously you are wrong
2011 - bearish / despite so many forumners convince you but obviously you are wrong
2012 - bearish / vanish for sometime but obviously you are wrong again
2013 - start of water snake new year / bearish confirm no horse run? What if you are wrong again. Will you vanish?

[hyenergix]

Global economy is recovering. Where else can the $ go to?

2013 will be another year of increase

[phantom_opera]

i am glad basic is back ... that means he has not bought ... that means market still has not peaked

[Rysk]

Oh basic you are back, why you so bearish now?
2010 - bearish / despite so many forumners convince you but obviously you are wrong
2011 - bearish / despite so many forumners convince you but obviously you are wrong
2012 - bearish / vanish for sometime but obviously you are wrong again
2013 - start of water snake new year / bearish confirm no horse run? What if you are wrong again. Will you vanish?

Oh! your are referring to TWIST & TURN cum DIVERT ATTENTION cum MISSED THE BOAT EXPERT MR B??

Let me answer you why he's so bearish..

2010 - still in the rental market.. waiting for pty price to crash..
2011 - still in the rental market.. waiting & waiting for pty price to crash..
2012 - still in the rental market.. waiting & waiting & waiting & still waiting for pty price to crash..
2013 - still in the rental market.. CANNOT TAHAN PAYING RENT ANYMORE..

[Rysk]

i am glad basic is back ... that means he has not bought ... that means market still has not peaked

Totally agreed!!

[hyenergix]

i am glad basic is back ... that means he has not bought ... that means market still has not peaked

Good to have alternative views, except for e language part tt is an area of improvement.

[teddybear]

Never mind about the language, very happy to be confirmed my constant suspicion that the property market has still a lot of leg room to run........................

Good to have alternative views, except for e language part tt is an area of improvement.

i am glad basic is back ... that means he has not bought ... that means market still has not peaked

[Regulators]

he managed to find another place to rent after being kicked out of his old accommodation by the landlord so now he has the time and energy to come back and sprout his nonsense again

Oh! your are referring to TWIST & TURN cum DIVERT ATTENTION cum MISSED THE BOAT EXPERT MR B??

Let me answer you why he's so bearish..

2010 - still in the rental market.. waiting for pty price to crash..
2011 - still in the rental market.. waiting & waiting for pty price to crash..
2012 - still in the rental market.. waiting & waiting & waiting & still waiting for pty price to crash..
2013 - still in the rental market.. CANNOT TAHAN PAYING RENT ANYMORE..