You should have start selling when the US real estate is down. Sell, Sell, Sell all property is going down, invest in share, gold, silver everything except property. Singapore property is going down 40% to 50%......Originally Posted by basic
Senior
You should have start selling when the US real estate is down. Sell, Sell, Sell all property is going down, invest in share, gold, silver everything except property. Singapore property is going down 40% to 50%......
Banned
have you seen Japan property in last 20 yrs? down 90% all the way....has not recovered yet...this is the matured market destiny.....
same to USA...on the same road now....4 yrs down >50% now...on the way to go....
Spore, HK, Taiwan, Korea, China, UK.....everybody go thru' same economy path...land limited or huge land....human moves the same way.....
Senior
If every country goes through same economy path, then there will never be lousy investment decisions already. Just have the first country to lead the way and the others just don't repeat those mistakes or if unavoidable mistakes, then just hold back when it comes. No absolute certainty de. Different countries have different dynamics and governances so cannot assume lah!
Senior
Why is it still so expensive in Tokyo if it is down by 90%. So, GIC and capitaland in losing money too as they do investment properties in Tokyo too.
Senior
Prices were highest in Tokyo's Ginza district in 1989, with choice properties fetching over 100 million yen (approximately $1 million US dollars) per square meter ($93,000 per square foot). Prices were only marginally less in other large business districts of Tokyo.
http://en.wikipedia.org/wiki/Japanes...t_price_bubble
Singapore property need to appreciate to $93,000 per square foot.
Down 90% $93000psf is $9,300 still cheap Buy,buy,buy
Singapore property so cheap, quick go and buy, buy ,buy
Exalted
wah down 90% still 9kpsf!!! our orchard rd condos only 3k+psf nowPrices were highest in Tokyo's Ginza district in 1989, with choice properties fetching over 100 million yen (approximately $1 million US dollars) per square meter ($93,000 per square foot). Prices were only marginally less in other large business districts of Tokyo.
http://en.wikipedia.org/wiki/Japanes...t_price_bubble
Singapore property need to appreciate to $93,000 per square foot.
Down 90% $93000psf is $9,300 still cheap Buy,buy,buy
Singapore property so cheap, quick go and buy, buy ,buy
BUY BUY BUY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Banned
so has US learnt the Japanese mistake?? NO, everyone is telling them don't repeat, but bernanke just do it.....If every country goes through same economy path, then there will never be lousy investment decisions already. Just have the first country to lead the way and the others just don't repeat those mistakes or if unavoidable mistakes, then just hold back when it comes. No absolute certainty de. Different countries have different dynamics and governances so cannot assume lah!
like china growth in early 2000, can you stop the china trend at that time?? no way, salary & labour is so cheap & hardworking....but now?? let see...
is spore going to a matured economy like US & Japan footstep?? up to today, YES...will see....
Junior
i know la..you are referring to Lin Rui Yang and Zhang Ting right? Please la..that is because they set up a property company there la.. talk about who bullshitting..
Senior
US create the Japanese mistake (Plaza Accord), Bernake is the most intelligence guy.
http://en.wikipedia.org/wiki/Plaza_Accord
Junior
Zhang Ting & Lin Rui Yang & baby:
LOL
Last edited by blackjack21trader; 31-10-11 at 14:13.
Senior
Nice baby... cute cute... boy or girl?Check out the ring on his finger.. bigger and heavier than my watch man!
i'm Buaya ! Girls BEWARE !!...
about s'pore economy/properties collapsing, there is one and only one reason making me very frightened:
=> you guys are like damn free everyday eat full nothing do speculate on real estate and tcss here....
Senior
Why tcss frightens you?about s'pore economy/properties collapsing, there is one and only one reason making me very frightened:
=> you guys are like damn free everyday eat full nothing do speculate on real estate and tcss here....
Junior
Why tcss frightens you?
coz we all no fulltime regular 9-5 jobs?
Exalted
so many bros here jobless also ar?
Senior
Far from retire. Envy you guys retire with large income.
Newbie
I'm pretty sure the jobless here that tcss here are all jobless by their personal choice and probably have a sufficient stream of monthly passive income.so many bros here jobless also ar?
I'm no where there yet. Haha. Just very zhou bo at work.
Junior
dear brother ikan billis, we are all here to strive to gain financial freedom. Financial freedom means "make money works for you" or use "money to make money" or more crudely.. just laze around and watch your wealth grow la... so, most of the time, we are here in the forum seeking new investment ideas- whether is it Cork or is it Sing Song- does not matter la..everyone share share only mah..otherwise how to progress in our knowledge. the final action lies in your own judement.about s'pore economy/properties collapsing, there is one and only one reason making me very frightened:
=> you guys are like damn free everyday eat full nothing do speculate on real estate and tcss here....
Actually chiobu basic has a point too, we must all exercise vigilant in handling our investment la...it is already a known undeniable fact that Euro has a big problem mah.
but i still maintain Lion & Hong Kong properties are the best investment now in the current inflationary & currency devaluation era.
Exalted
how much passive income u looking at for u to be semi retire/retireFar from retire. Envy you guys retire with large income.
Senior
OK, I am going to work now. Time now in France is 0724.about s'pore economy/properties collapsing, there is one and only one reason making me very frightened:
=> you guys are like damn free everyday eat full nothing do speculate on real estate and tcss here....
Exalted
jobless cud also mean many r biz owner here
dun work for ppl=jobless mah
Music of the night
央行货币政策委员会委员、清华大学中国与世界经济研究中心主任李稻葵:
对于房地产调控，李稻葵的观点很坚决：“房地产的调控没有回头路，不可能再回到过去那几年每年10%以上的快速上升阶段。”李稻葵认为，中国经济增长速度再往下降，房地产也不会重新回到过去的形势。他认为，中国经济靠卖地、靠房地产发展的模式已经过去了。
至于货币政策，李稻葵表示：“相信未来五到十年都不会有重大放松，会比较谨慎
There is no turning back on price control on Chinese property market ... Wanke already preparing to sell pure MMs as the future revenue generator
We should be happy property market is under control in China, basic made it sounds like end of the world
Ride at your own risk !!!
Banned
so chow ah qua blackjack, I know your intention...haha....really no standard...dear brother ikan billis, we are all here to strive to gain financial freedom. Financial freedom means "make money works for you" or use "money to make money" or more crudely.. just laze around and watch your wealth grow la... so, most of the time, we are here in the forum seeking new investment ideas- whether is it Cork or is it Sing Song- does not matter la..everyone share share only mah..otherwise how to progress in our knowledge. the final action lies in your own judement.
Actually chiobu basic has a point too, we must all exercise vigilant in handling our investment la...it is already a known undeniable fact that Euro has a big problem mah.
but i still maintain Lion & Hong Kong properties are the best investment now in the current inflationary & currency devaluation era.
go back to your thread, why post so worry yet name calling & try to create trouble here.....
market force will decide...Europe, US, China & Japan DEBT will unfold, debt will not go away, only transfer to govt & country...banks or govt or sovereign funds default, result is the same to economy globally, recession, stagflaiton, depression will come, deflation cycle is near, property crash in asia is coming, no fools will want to hold ILLIQUID investment in crisis, time...cannot turn to cash when opportunity is there yet see value diminishing every month....
Banned
that is why the greedy & gambler china local govt are dumping their lands like no tomorrow now....once developers wake up that no more support from govt, they will dump like SSE down from 6200 to 1600 in 2007 within 6 months, 70-80% gone....
If you deal with chinese before, once they have no money, they will dump at ANY price, really any price.....
Music of the night
Good good good, dump until 100psf in Beijing 4th ring and open up to Singaporeans to buy, I want I want
Ride at your own risk !!!
Newbie
I support u on being cautious. But do u have any suggestion on alternative investment? Deposit in banks also not safe if mkt collapse.
Newbie
Lehman crisis got pty down by 30% meh? gosh,
share with me which pte condo down by 20% I am not so greedy 20% enough... especially less than $1mio - 3 bedder
Junior
LOL..chiokapeng la.... so you propose to put all cash in bank savings and watch them all erode 10 years later isit ? I stay in this thread cos so many brothers here mah.. so popular la your thread..dun chase me leh..HAHAHAHA..btw, chiobu = pretty woman , it is not name calling la..it is a praise hor....kekekeke
Exalted
[quote=jeaprp]I support u on being cautious. But do u have any suggestion on alternative investment? Deposit in banks also not safe if mkt collapse.[/quote]
u r very right
how?!?!?!
mabe all our cash become banana notes??
Exalted
parc vera 3bdr only 900kLehman crisis got pty down by 30% meh? gosh,
share with me which pte condo down by 20% I am not so greedy 20% enough... especially less than $1mio - 3 bedder
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