Look like Bishan8 with owners still crying after more than 10 years.Originally Posted by heehee
Look like Bishan8 with owners still crying after more than 10 years.Originally Posted by heehee
Bishan 8 has no train noise but here can be a big issue given his close proximity.Originally Posted by DKSG
风水轮流转。Originally Posted by DC33_2008
Bishan 8 shows that Bishan is losing its shines and some other new RCR/OCR regions rose up.
Ringo will be more likely to win.
actually I oso dunno y the 2 of them can argue for so long over the same thing in different threads!Originally Posted by DKSG
Surrounding developments plays a part in capital appreciation. Obviously growth area or steriod injected location will perform better than others.
At this point in time ---- Smart investors buy overseas...
Smart investors already cashing out their property overseas liao. Now you go in sure kenna slaughtered.Originally Posted by Condo Kaiser
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
When you talk about overseas, it is anywhere outside Singapore territory, u mean you know what investors in more than a hundred countries are doing ?Originally Posted by Ringo33
Haha I don't want to name countries to look at la... So many possibilities I got no time to think abt Singapore properties... Just stay put and collect rent here...Originally Posted by Regulators
Once cross borders... the sky's the limit... so many ways for creative financing to maximize your money... while people here still thinking of ABSD BSD SSD all these waste time problems...
If you cant even get your facts right on Singapore property, please try to avoid commenting on overseas property lah.Originally Posted by Regulators
Dont need to overstretch yourself with 100 countries, because end of the day, there are only short list of countries which are investment grade
1) SE Asia,
2) Canada
3) USA
4) Australia
5) UK
6) Spain
7) Dubai
8) China
9) India
So Mr. Regulators, perhaps I missed out some, care to share?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
I did not comment on overseas investors, u were the one making this ridiculous sweeping statement. It is as if u know what millions of investors are doing around the world. I think u r the one overstretching yourself
Originally Posted by Ringo33
Originally Posted by Regulators
in the context of overseas property investment for Singapore, there are only a short list of countries which Singaporeans usually invest. So there is no need to bring up 100 over countries because majority of these 100 countries are not investment grade for foreigners.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
So smart investors are only Singaporean investors? Why do Singaporean investors need to cash out on their overseas ptys? Those Singaporean millionaire investors who bought into London's Fitzroy place should sell now even before pty built? All Singaporeans who invest overseas ptys should liquidate their investments n buy jurong ptys ?? For $800k u paid for your dog box, can buy two ptys in inner city Melbourne n collect more than 6% rental. If u r only interested in rental yield, u should be looking at countries like Australia n not Singapore so your statement is flawed
Originally Posted by Ringo33
Last edited by Regulators; 10-07-13 at 09:38.
In London, my accountant and estate agent are shaking their heads wondering how Asian investors can pay so much for new launches of London property. They don't think that a decent % rental yield can be achieved at the prices they are paying. Perhaps these investors don't need the rental to pay their mortgage....just parking their $$$ there
Originally Posted by chiaberry
if they pay up a huge portion for the property, the rental yield would move up. as long as the yield as better than what they can get locally or parking in a bank, it's a sound move
your choices are quite conflicting, eg spain and china.Originally Posted by Ringo33
like Spain property market has been falling since like forever....
china has been increasing since like forever....
so one country rising prices, one country falling prices yet both are investment grade?
SEA is grouping of countries, cambodia, myanmar also investment grade?
so can know what is your criteria for investment grade?
For the smaller investor, they can get better yield buying an existing property direct from the market (not BUC). No need those luxurious new launches where the service (maintenance) charges can eat majorly into your returns.Originally Posted by eng81157
Agree that the yield can be better than what can be got locally or parking in bank. My last UK flat has gross yield 6.5%, mortgage rate 1.5%, LTV 75% (bought before Lehman - interest rates were higher then, that's why I have a good deal on the mortgage - I don't think can get 1.5% currently for UK property).
all i can say is smart investors dont look at places normal people look at...
the list Ringo give is decent but still got many other places which are interesting to look at.... safe and good returns...
and yes agree with Hopeful that his "investment grade" is inaccurate.
for example
- investment grade properties in China are not open to foreign ownership.
- spain is under valued but squating is a big issue with alot of developments
and when buying overseas. FX exposure is an equally big profit driver as capital gain or rental yield. so need to look beyond the property itself to understand the cost and benefits.
how's the capital gains factoring weakened poundOriginally Posted by chiaberry
Thanks everyone for the support! Find A Home Loan is Standard Chartered #1 broker in 2013.
Spain, like southern France has always been a popular holiday home for Europeans and middle eastern. Even the PRC from China are buying them, you dont know meh?Originally Posted by hopeful
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
you see, i am Chicken Little. i see headlines from zerohedge like thisOriginally Posted by Ringo33
http://www.zerohedge.com/news/2013-0...ge-most-record
my balls shrink buying spain real estate.
then again another headline
http://www.zerohedge.com/news/2012-1...su-casa-200000
my balls inflate only a little.
for same amount, i can buy second citizenship at one of the caribbean nations. residency versus citizenship, which is more attractive??
Those are old news. doesnt zerohedge tells you how the spanish property prices going to be 1 to 2 years down the road?Originally Posted by hopeful
Like in any investment, there is no way to catch the bottom.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
yes, ZH does tell me.Originally Posted by Ringo33
http://www.zerohedge.com/news/2013-0...t-about-bottom
Actually cqn be resales or new... no straight fomular
..................Originally Posted by lionhill
Waterford? Cannot make it lah. Do dark inside. Pool is so small n the units are either looking at each other or looking at the temple next door. Frankly along kim yian stretch this project cannot make it. In that area I only interested in Martin place or river gate.Originally Posted by Ringo33
“Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity.”
― Martin Luther King, Jr.
OUT WITH THE SHIT TRASH
https://www.facebook.com/shutdowntrs
btw just to remind you guys, in july i recommended ringo33 to buy a 500+sqft mk88 unit at $800k+ to be mocked by this clown saying the price of mk88 is stagnant and not moving. let the caveat in that same month in july speak for itself.
MACKENZIE 88 MACKENZIE ROAD Apartment 09 CCR Freehold 1 948,000 538 Strata 06 to 10 1,761 Jul-13
The seller of this unit didnt bought his unit this year, he bought in in 2007/8.
So isnt this a very idiotic way of compare transaction price of different units, different facing different floor or even different condition?
What happens if a similar size unit from lower floor is sold and lower price next month? Are you going to say price MK88 plunge?
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."