Message to current property owners (with more than 3 properties )

[ysyap]

I'm disgusted by names calling by some kacha buteh owners, owning a hdb and a pathetic mm condo. Or some 1st timers/newbies
U know who u are.

I will post firesale of ur development, with pics of caveats and ads.. From 2012 onwards

Then you must be so irritated by Mr B... Anyway you can never tell who owns a hdb and a pathetic mm condo. Well, do whatever makes you feel better... and in so posting, help the rest of us who are looking to buy in 2012...

[Antione]

Unlikely foreigners like this kinda feeling.

Drop by 30%,

which means other enjoy 30% discount, foreigners only 20%

It's not fair

"Why shld I pay more" is in everyone mindset

Unless we see a absolute dead market, but if there is any unit sold along the way, do you think it will be bought be locals or foreigners?

[teddybear]

Locals will buy first because no penalty whereas foreigners & then PRs got penalty mah!
After locals bought already at 20-30% discount, price drop another 30-40% due to worsening Europe & China, all cooling measures no choice have to be removed, foreigners now got incentive to come in to buy,l and CHEAP CHEAP some more! They will happily kiss some people's ass for creating the perfect crash from the cooling measures which also signal to them not to buy and then later signal to them to buy cheap cheap!

Unless we see a absolute dead market, but if there is any unit sold along the way, do you think it will be bought be locals or foreigners?

[radha08]

Interestingly today i met an old friend he owns a 5rm flat in hdb he told me last month he and his wife bought a 2 bedder condo brand new one in hougang ave 7 called parc viera or something...he is a normal working joe and he seems unfazed by the whole saga playing in the property market...

his theory is that when his condo completed..he will move in there and rent out his HDB...i find it quite a change from what i been hearing inthis forum reading in papers on the news...seems like to the man on the street property is the way to go....

anyway god bless...hope his investments dont turn sour...

[blackjack21trader]

Interestingly today i met an old friend he owns a 5rm flat in hdb he told me last month he and his wife bought a 2 bedder condo brand new one in hougang ave 7 called parc viera or something...he is a normal working joe and he seems unfazed by the whole saga playing in the property market...

his theory is that when his condo completed..he will move in there and rent out his HDB...i find it quite a change from what i been hearing inthis forum reading in papers on the news...seems like to the man on the street property is the way to go....

anyway god bless...hope his investments dont turn sour...

Like bro ysyap said, your neighbor's investment really depends on how US and Euro play out in the next few months. China has no need to control her inflation now. I hope the angmo can come up with something creative to do some basic canning on the backside of bears lah. I mean they can come up with 3Dstudiomax and Maya computer 3D animation to save her movie industry, what they can't imagine to solve?

[blackjack21trader]

Like bro ysyap said, your neighbor's investment really depends on how US and Euro play out in the next few months. China has no need to control her inflation now. I hope the angmo can come up with something creative to do some basic canning on the backside of bears lah. I mean they can come up with 3Dstudiomax and Maya computer 3D animation to save her movie industry, what they can't imagine to solve?

I remember last time while I was running the National Service Army IPPT run, my Ah beng buddy always ran beside me and panted: "you can do it, you can do it one...". Wahlaueh... after the mental psycho...I really did it leh ! Now the whole world is telling the angmo : "you can do it, you can do it one lah !"

[Douk]

IMO, the additional stamp duty mainly targets short term speculator, and finacially stretched investors from Singapore property market. It didn't affect real demand. Most people knows next year is likely to be recession year, whether there is a additional stamp duty, price is dropping when recession hit.

If economy improves next year, Singapore is still attractive in property investment compared to many Asia countries. Foreigners will continue to invest into Singapore... As long as economy doesn't worsen, price should not dip much..

[teddybear]

If what you said is their real intention, oh no, looks like wrong policy! Regardless, foreigners will get lost Liao & you think they to come back to be carrot head? oh no!

IMO, the additional stamp duty mainly targets short term speculator, and finacially stretched investors from Singapore property market. It didn't affect real demand. Most people knows next year is likely to be recession year, whether there is a additional stamp duty, price is dropping when recession hit.

If economy improves next year, Singapore is still attractive in property investment compared to many Asia countries. Foreigners will continue to invest into Singapore... As long as economy doesn't worsen, price should not dip much..

[Douk]

If what you said is their real intention, oh no, looks like wrong policy! Regardless, foreigners will get lost Liao & you think they to come back to be carrot head? oh no!

We should look at this as a change in tax system, and a differentiator to Singaporean, PR and foreigners. In stock market, we have speculative penny stock and stable blue chips. I guess Singapore just want to be blue chip in property market and discourage small time punters.

in investment, as long as ROI is attractive and fair governing rules, no one should seen this as carrot head.

[blackjack21trader]

We should look at this as a change in tax system, and a differentiator to Singaporean, PR and foreigners. In stock market, we have speculative penny stock and stable blue chips. I guess Singapore just want to be blue chip in property market and discourage small time punters.

in investment, as long as ROI is attractive and fair governing rules, no one should seen this as carrot head.

The drop for new property will not be more than 30%, most likely max. 5% because developer's margin is less than that. Anyway, the difference between a new property and an old one is about 20%. So this gap has been bridged and we could see resale for old properties transaction started to go up in the next few months.

[Antione]

Just returned from BBQ in chalet at Pasir Ris.
Neighbouring unit was booked by Filipinos. They are really having a lot of fun, w good food, full of games, excitement, scream and noise.
Totally drown the sound of the local youngsters in nearby units.
Like I said, foreigners are enjoying and having great fun in this country.
While locals waited patiently for price to drop, I think the foreigners will pick up the discounted props even when it is 10% higher.

[jwong71]

Just returned from BBQ in chalet at Pasir Ris.
Neighbouring unit was booked by Filipinos. They are really having a lot of fun, w good food, full of games, excitement, scream and noise.
Totally drown the sound of the local youngsters in nearby units.
Like I said, foreigners are enjoying and having great fun in this country.
While locals waited patiently for price to drop, I think the foreigners will pick up the discounted props even when it is 10% higher.

how come the filipinos at chalet..?? if rich enuff, should be at some rented condo as min.

dont worth-ship the filipinos maid, as your future buyers ok

[Antione]

how come the filipinos at chalet..?? if rich enuff, should be at some rented condo as min.

dont worth-ship the filipinos maid, as your future buyers ok

They have already long infiltrated into our PMET jobs.
I was most pissed off when I was charge $50 by a Pinoy doctor in neighbourhood clinic for some basic rashes cream three years back, and never revisited after then.

[radha08]

the whole of philipines is working abroad asia/america/europe/saudi....but they dont bother me as much as the ABNN....

[ysyap]

Just returned from BBQ in chalet at Pasir Ris.
Neighbouring unit was booked by Filipinos. They are really having a lot of fun, w good food, full of games, excitement, scream and noise.
Totally drown the sound of the local youngsters in nearby units.
Like I said, foreigners are enjoying and having great fun in this country.
While locals waited patiently for price to drop, I think the foreigners will pick up the discounted props even when it is 10% higher.

Yup... foreigners will park their money where its safe... 10% more just for that additional security fee.. they'll gladly pay...

[devilplate]

Dear brother ysyap, you are always so kind and considerate! yes indeed your are right, but I feel the risks for owners with more than 3 properties is higher now. And I fear they may become the kancheong spiders like some developers hor. That is why I address to them only mah.

Those wif more den 3ppty shdnt sell at all....buy back nid to pay 3% more ok?

Entry px for being a super landlord had just been raised by 3% more!

[jwong71]

Those wif more den 3ppty shdnt sell at all....buy back nid to pay 3% more ok?

Entry px for being a super landlord had just been raised by 3% more!

jokes aside.

what is 3% for the 3rd property, if u can buy cheaper. its a cost saving.

if u can buy 10-30% cheaper, would you not sell the existing property..??

[ysyap]

jokes aside.

what is 3% for the 3rd property, if u can buy cheaper. its a cost saving.

if u can buy 10-30% cheaper, would you not sell the existing property..??

Sell now buy later is always a gamble... what if price correction is only 10%? You pay agent 1%, plus 6% BSD, plus minor reno, you might end up paying more... going casino?

[phantom_opera]

The Bishan 8 tragedy has been forgotten guys,

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

[devilplate]

jokes aside.

what is 3% for the 3rd property, if u can buy cheaper. its a cost saving.

if u can buy 10-30% cheaper, would you not sell the existing property..??

U oredi noe tats a joke wat....hehehe

[devilplate]

The Bishan 8 tragedy has been forgotten guys,

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

Very nice! BR gona firesale at 600psf soon....patience will pay off

[jwong71]

The Bishan 8 tragedy has been forgotten guys,

BISHAN 8 Condominium 63 Bishan Street 21 20 108 685000 589.25 10-Dec-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 663000 570.32 6-Oct-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 653000 561.72 18-Sep-03
BISHAN 8 Condominium 63 Bishan Street 21 20 108 670000 576.34 10-Sep-03
BISHAN 8 Condominium 61 Bishan Street 21 20 108 668730 575.25 21-Jul-03
BISHAN 8 Condominium Bishan Street 21 108 687000 590.97 02-Apr-03
BISHAN 8 Condominium Bishan Street 21 109 670000 571.06 02-Mar-03
BISHAN 8 Condominium Bishan Street 21 144 770000 496.77 02-Mar-03

what tragedy..? u want which year caveats for bishan 8, i put up for u la.

so hard to visualise

[phantom_opera]

Sell now buy later is always a gamble... what if price correction is only 10%? You pay agent 1%, plus 6% BSD, plus minor reno, you might end up paying more... going casino?

what if sell, buy STI ETF, up 60% in 5y but property price barely up 12% in next 5y?

[devilplate]

what tragedy..? u want which year caveats for bishan 8, i put up for u la.

so hard to visualise

Pls provide initial launch px

[hyenergix]

Very nice! BR gona firesale at 600psf soon....patience will pay off

B4 tt happens, pls hire a bunch of teenagers to queue up for ur turn. Those in front of ur queue number will pounce at $1100psf.

[jwong71]

Pls provide initial launch px

closed.

not for sharing

[devilplate]

please see the attachment, as per your request

Bro ...dun haf 1996 caveat leh....

[samsara]

文武双全
忠厚老实

closed.

not for sharing

[jwong71]

Bro ...dun haf 1996 caveat leh....

top date 2001, the contract date are in 1999.

cant find.

melville park got 1996 prices.. u want..?

[devilplate]

top date 2001, the contract date are in 1999.

cant find.

melville park got 1996 prices.. u want..?

Ic....

Ya pm me tks