Good times over for luxury home market

[NO_7]

Sg is a small city, north eastern asia like the rich Jap may flee here cos of radiation in their home land.

[hopeful]

http://www.straitstimes.com/premium/...arket-20130822

PROPERTY investor Sameer Aswani was buying and selling high- end homes about as fast as he could transact a few years ago, but that gravy train has well and truly hit the skids.
......
"In the good times, I was flipping units left and right. At one point in 2010, I did five to six in about four to five weeks," he said.

.......

so did the IRAS go after him? this is a clear case of trading.

btw, how come ST ask the same few person (him, Soh) for opinions?
http://www.stproperty.sg/articles-pr...homes/a/106737
you can see his home address is 9B broadrick road. ST can release personal address meh?

[focus]

.. it always amuses me seeing some ang mo "analyst" talking about Singapore properties...

an ang mo is very less likely to understand asian pty markets. let alone being an authority in it.

nobody plays with pty like asians do. these ang mos mostly will never get it.

You dont say..
In 2009, a UBS wealth mgmt head (asian) says singapore property prices will drop more and go on and on about his research in a private sharing.

look what happen..
but he is now still appearing on tv and i think also promoted..

GO figure.. lol

[puffer_fish]

Always believe in yourself 50 %, do your due diligence checklist 30%, listen to market chatter 20%