Who bought, this year?

[30years]

I sold mine, in 2010 and 2011. Last few transacted prices for similar units about 30% higher. Property prices has indeed gone higher. I sold thinking that prices would stay flat or go down. I was wrong. Now I am unable to buy what I have sold at the same or lower price.

I am not buying now. Who would pay more to buy back what one has sold? Not me. So I will just have to wait or never buy again, since I am already 50 years old.

I see a lot of property bulls here but I wonder if any has bought an investment property this year. Many just talk and criticize those who are not bullish, but which one of you has the balls to match your big mouth?

Go buy a property now if you think prices will continue to go higher and tell us about your purchase. In a few years time, you will know if you are a hero or a moron!

[Allthepies]

Still gems lying around, spotted but didn't buy becos no money to buy @ 40% downpayment

Government has already set the playground for a steady growth with the numerous CM.

[DC33_2008]

You should keep them for retirement plan as you are 50 years old. I must qualify that ony if they are properties in good location.

I sold mine, in 2010 and 2011. Last few transacted prices for similar units about 30% higher. Property prices has indeed gone higher. I sold thinking that prices would stay flat or go down. I was wrong. Now I am unable to buy what I have sold at the same or lower price.

I am not buying now. Who would pay more to buy back what one has sold? Not me. So I will just have to wait or never buy again, since I am already 50 years old.

I see a lot of property bulls here but I wonder if any has bought an investment property this year. Many just talk and criticize those who are not bullish, but which one of you has the balls to match your big mouth?

Go buy a property now if you think prices will continue to go higher and tell us about your purchase. In a few years time, you will know if you are a hero or a moron!

[hyenergix]

I sold mine, in 2010 and 2011. Last few transacted prices for similar units about 30% higher. Property prices has indeed gone higher. I sold thinking that prices would stay flat or go down. I was wrong. Now I am unable to buy what I have sold at the same or lower price.

I am not buying now. Who would pay more to buy back what one has sold? Not me. So I will just have to wait or never buy again, since I am already 50 years old.

I see a lot of property bulls here but I wonder if any has bought an investment property this year. Many just talk and criticize those who are not bullish, but which one of you has the balls to match your big mouth?

Go buy a property now if you think prices will continue to go higher and tell us about your purchase. In a few years time, you will know if you are a hero or a moron!

Bought in JB, does tt count?

Juz use projected population over e next 5 years n current investments to estimate e potential in 5 years' time.

[minority]

wanted to buy but the 40% is deterring me.

[azeoprop]

Same here....40% + 3% extra stamp duty = cannot buy.

[Xan]

Bought two this year.
Might b the biggest carrot.
Nvm, let's see.

[carbuncle]

I bought... handphone. lol.

we have already bought all we need way way back in 2009. what for enter another position at higher threshold again?? property can do shorting? lol

[carbuncle]

buy for own stay never a bad time. long long run will not lose. if you can hold it and its not a lemon.

[CondoWE]

40%+3%+3%...bought one this year for retirement stay...hehehe..

Like what bro carbuncle said; "buy for own stay never a bad time. long long run will not lose. if you can hold it and its not a lemon" .

[hovivi]

I bought 8riversuites

Price is high indeed but there are lots of people with cash waiting at the sideline to come in.

Price may go up - good

Price go down - feeling is no good but no problem, i have holding power

[Rysk]

I bought 8riversuites

Price is high indeed but there are lots of people with cash waiting at the sideline to come in.

Price may go up - good

Price go down - feeling is no good but no problem, i have holding power

+1 Like

[phantom_opera]

Quickly buy one mm, u lucky Liao mr basic sold all including his roof in august 2008

[hovivi]

+1 Like

I also mean most who bought has $$ power otherwise how to pay 40pct

My unit 60pct loan and monthly installment can fully covered by cpf

80k BTO + private condo were sold, alot to newly wed.. And counting on them to have babies, we can't afford to crash market to put them in financial jeopardy
And there are really lots of liquity out there.. Lots of..

[Allthepies]

Repeated post

[Allthepies]

Unless the interest rate goes there will not be a problem. But when interest rate goes up means economy good? Economy good price can still crash?

[Allthepies]

Can someone comment whether there's wiil be a situation when interest rate shoot up yet economy is in a shitty state?

[minority]

Unless the interest rate goes there will not be a problem. But when interest rate goes up means economy good? Economy good price can still crash?

interest rates goes up dont mean economy is good. could mean lack of liquidity or banking fear thus spike in interest rate.

[Allthepies]

interest rates goes up dont mean economy is good. could mean lack of liquidity or banking fear thus spike in interest rate.

Oh I see so in our current situation--
Liquidity high unless US economy recovers, Liquidity high interest rate to remain low.
US economy not good implies interest rate remains low?

[carbuncle]

maybe during protracted sustained financial crisis deeply handicapping banks and lenders?

[phantom_opera]

Hint: US 10y bond yield

[Allthepies]

Hint: US 10y bond yield

It is going up does it means SIBOR gg to go up soon?!

[Arcachon]

Can someone comment whether there's wiil be a situation when interest rate shoot up yet economy is in a shitty state?

Can try buying India property.

[phantom_opera]

It is going up does it means SIBOR gg to go up soon?!

If it goes up to 2.5pc sibor may up to 0.6, if 3pc sibor could go 0.8

[hovivi]

Unless the interest rate goes there will not be a problem. But when interest rate goes up means economy good? Economy good price can still crash?

Even interest rate double, it's just <$1k more per month, don't think will have much impact..

[phantom_opera]

Dun mean to scare u, sibor should be at least 4pc to combat high inflation

[hyenergix]

Interest rate is way too low. Hurting savers n rewarding borrowers.

[august]

I sold mine, in 2010 and 2011. Last few transacted prices for similar units about 30% higher. Property prices has indeed gone higher. I sold thinking that prices would stay flat or go down. I was wrong. Now I am unable to buy what I have sold at the same or lower price.

I am not buying now. Who would pay more to buy back what one has sold? Not me. So I will just have to wait or never buy again, since I am already 50 years old.

I see a lot of property bulls here but I wonder if any has bought an investment property this year. Many just talk and criticize those who are not bullish, but which one of you has the balls to match your big mouth?

Go buy a property now if you think prices will continue to go higher and tell us about your purchase. In a few years time, you will know if you are a hero or a moron!

cannot buy cos caught by ABSD and limited to 60% loan LTV.

[yowetan]

I am waiting for a minor correction so I can get a Mt Sinai property.

[phantom_opera]

I am waiting for a minor correction so I can get a Mt Sinai property.

minor one like 10% won't make it, you need to be like Mr B, 50% by 2015 ... this is because property will go up at least 5% every year in line with inflation rate