Brudder, more than that.... Look deeper and you will see the rationale.... There are a few more reasons hor... HahahahahahaOriginally Posted by 狮子王
See, when I good mood, I share with u wat..... Hahahahahaha
Brudder, more than that.... Look deeper and you will see the rationale.... There are a few more reasons hor... HahahahahahaOriginally Posted by 狮子王
See, when I good mood, I share with u wat..... Hahahahahaha
Brudder lion.... Ringo is a very smart boy.... Look at him and I predict in 10 yr time, he will be rich.... Train him leh...
For me, I just swatting mosquito... Oops, just killed one more... Hahahaha
So rebellious and hot blooded how to train?Originally Posted by chestnut
WOAHAHAHAAHHAHAHAH
Blackjack21trader's 2014 Celestial Prediction: Year of The Crazy Horses. ( Coming This Fall ) www.sglion.com
"Not just one horse, but the whole bloody herd of crazy horses ! "- The Illuminati
brudder, if you already own few properties, the satisfaction and thrill of owning 1 or 2 property is not as great as someone young who is buying their first private property. Hence for the latter group, they will be more willing take risk or make sacrifices if interest rate goes up as compare to someone who is already in their 50s or someone who have gotten used to making big capital gain in the past.Originally Posted by 狮子王
Ultimate it is the cost of buying, regulation and the lack of high return potential that is making the risk less worthwhile.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
You so old meh...? You always quarrel with that dunno who I forget his name liao. But I agree with you lor... WOAHAhahaHAHAHAHOriginally Posted by Ringo33
Blackjack21trader's 2014 Celestial Prediction: Year of The Crazy Horses. ( Coming This Fall ) www.sglion.com
"Not just one horse, but the whole bloody herd of crazy horses ! "- The Illuminati
Bro, he is practicing immersion protocol.Originally Posted by 狮子王
no wonder....LOLOriginally Posted by chestnut
Blackjack21trader's 2014 Celestial Prediction: Year of The Crazy Horses. ( Coming This Fall ) www.sglion.com
"Not just one horse, but the whole bloody herd of crazy horses ! "- The Illuminati
But come to think of it, I know got one very shrewd investor in real life temperament also like that. He control his temperament by reminding himself with a tattoo " 忍“ on his body. Not suggesting to Ringo boy to do the same and tatto that all over his body hor... WOAHAAHHAHAHHAHAHOriginally Posted by 狮子王
Blackjack21trader's 2014 Celestial Prediction: Year of The Crazy Horses. ( Coming This Fall ) www.sglion.com
"Not just one horse, but the whole bloody herd of crazy horses ! "- The Illuminati
Originally Posted by 狮子王
But paiseh my temperament also like that one hor.. although I very handsome on the outside leh..HEHEHEHHEHEH
Blackjack21trader's 2014 Celestial Prediction: Year of The Crazy Horses. ( Coming This Fall ) www.sglion.com
"Not just one horse, but the whole bloody herd of crazy horses ! "- The Illuminati
my 2c
Dont:
1. think of property investment as a short term play
2. neglect the maths and do your sums diligently
3. omit to plan for worse and worst case scenarios
4. see leverage as a dirty word
5. have a soft ear and soak up every darn thing u hear
6. have a herd mentality - when the news is out in mainstream it is already stale
7. let emotions cloud your judgement - only allow them for own stay home and not investment projects
8. keep all your eggs in one single basket
9. forget that nobody is invincible (to the effects of the global economy)
and last but not least
10. dont look back in anger (to quote a brit band song) - once you have committed dont regret and start with the what ifs
click: 🏢shoeboxmickeymousehouse 🏢
Haha, I swat also...Originally Posted by chestnut
To be honest, I thought that Ringo is very smart too. However, he would need to experience (or see some experiences) a big failure to make him a complete investor. Be very fearful of what a market could do to you; it is not all rosy la.
(Note: Take it easy Ringo, I meant good.)
Cheers!
Are you semi-retire or retire now?
Originally Posted by chestnut
Brudder, I had so many failures. HahahahaOriginally Posted by Secretariat
It thot me
1 lesson
2. Humility
Sweet wise words. Property is the final frontier, final destination. No matter where the money come from (inheritance, working, gambling, stealing, etc) in the end it will always come to the final resting place, which is property. That's why in the long term it will always appreciate. The question is long term or short term. What we are doing now is looking for the short term appreciation.Originally Posted by mcmlxxvi
Short-term appreciation can be a gamble. I am looking at mid- to long term. Short-term will be in stocks.Originally Posted by indomie
With so many lazy (including me) bumps jumping into properties for gain & rental yield so as to retire early, the goods should be ending faster. Developers are rushing to entice all these goondos before the game ends
OK, let's explore another scenario which a property investor shouldn't do in today's condition. I am sure that it is controversial, so all debates are welcomed.
Scenario:
After reviewing the state of development where his investment property is located, the profile of his tenants over the year, an invetsor thought that he should sell the unit and buy another unit with the sale proceed.
Don't:
Increase the leverage ratio of the investment by buying another unit.
In other words, an exercise like this would make sense only when the leverage ratio falls. For example, when the leverage ratio of the current investment unit is say 3-to-1, it should be say 2-to-1 for the other unit.
Cheers!
Dev and gov, what's the different? Nothing happen in sg without the approval of the gov planning committee. They are not about to crash the market. The gov are only making sure a group of people not hoarding all the properties, while the other group having none. That would be a political disaster.Originally Posted by 3C
This is very common scenario if you own a property that is already more than 10 years old because rental demand for most older apartment will start to fall while cost of maintenance will start to rise. So there is always this thought of selling it to buy a newer apartment.Originally Posted by Secretariat
Leverage ratio sure confirm fall for owner with 2nd and 3rd property unless the property you sold is already more than 70% paid up.
And to achieve that ideal ratio, usually people will have to downsize their ambition to buy a smaller apartment, which explain why smaller quantum apartment are more popular these days.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
Clap, clapOriginally Posted by indomie
Terima kasih PakOriginally Posted by chestnut
Brudder mcm, can u do me a favour. Are u able to get the total number of rental units from ura? Then we compare w total number of private and see the ratio?
Interesting to find out how many % rented and % for self stay.
Thanks if u can find out. I super bad in such things
Originally Posted by mcmlxxvi
I think you can actually get some info from onemap now.Originally Posted by chestnut
Look under population query/tenancy/tenant.
"Never argue with an idiot, or he will drag you down to his level and beat you with experience."
So you mean the oversupply of PC in the coming years is intentional. Gov want more people to own a piece of condo even knowing that supposedly only 20% of the population can afford? pasir ris alone they are building 80% PC & 20% public housing. Open your eyes widerOriginally Posted by indomie
When property crash, it is a sign of major recession and there is so much our dear govt can do.Originally Posted by indomie
Why would they want it to crash when it is the pillar of our 'economy'?
Hahahaha
Indomie, u are so smart. U must have gone Borobudur. Was there last week. Only 1 golf course there. So sad.
Brudder, immigrants need a home - either hdb, private or hotel.Originally Posted by 3C
So the population is the key.
Brudder, I was very hardworking in the past like u... Now I lazy leh... I just share my analysis... I no longer playing props. Paiseh...Originally Posted by Ringo33
All this will benefit u guys of the next gen. Hahahaha
Your analysis of mm for west is superb.... I believe that story hor
When is the sg gov ever build (or created) oversupply of anything at all? So many hotel build, now full. Such a big airport, now all full. So many hospitals, all full. So many schools, all full. So many taxi, all full.Originally Posted by 3C
All i know is someone that started this thread has sold his property and hoping for a crash. He is creating fear. But i have some nice entertainment reading. Lol.
Btw all talk cock lah. Interest rate is still lower than HDB loan rate.
Tai Kor,Originally Posted by chestnut
I must be younger than you... I confess that I am overleveraging......