HDB and private property prices up in Q1 flash estimates

[Unregistered]

You are right. It's the new condos with TOP in 2011 that could end up with negative equity.

That's why I am suggesting to all the sour grapes to take a three-year vacation and come back again in 2011 to frighten those people who have bought at a much higher price than me.

Maybe they will be very scared because by then the sub-prime problem would have been in its third year? Or may be they are not scared? I don't know.

CAN U UNDERSTAND. MORON

April 2, 2008, The Straits Times
Property market may stay quiet for up to a year
Home prices, sales could remain weak as US sub-prime concerns linger
By Fiona Chan, Property Reporter

A MONTH ago, property consultants were predicting that the cooling market would pick up after June. That optimism has fast drained away.
Consultants now expect home prices and sales to remain weak for up to a year from now, after official estimates yesterday confirmed that price growth was tapering off.

'We can expect residential prices to continue weakening over the next 12 months', in the light of the United States sub-prime debacle and an expected US recession, said Jones Lang LaSalle (JLL). Other consultancies, such as CB Richard Ellis Research, believe price growth will slow further in the second quarter, to '1 per cent or 2 per cent'.

Home sales are also plunging as buyers retreat - and they are expected to stay low as sellers dig in their heels to wait out the slowdown. New home sales were likely to have dropped in the first quarter to one of the lowest levels ever, second only to those recorded during the Sars period.

In the secondary market, sales have fallen to 2005 levels, according to estimates from Savills Singapore. Mid-tier private properties on the city fringe, such as in Novena, Toa Payoh, Marine Parade and Queenstown, are likely to be hardest hit by falling buyer demand. These areas saw the biggest slowdown in price growth in the first 10 weeks of the year, suggesting that prices in these regions may be peaking, said JLL. Buyers in these areas have shallower pockets and are more sensitive to market sentiment, it added.

In the HDB segment, prices have stabilised at about $50,000 cash over valuation or less, said Mr Eugene Lim, assistant vice-president at ERA Realty Network. 'Resale flats priced higher than that take much longer to sell or may not sell at all.'

Phillip Securities Research, meanwhile, aired concerns over the 'huge supply' of homes due to be completed in the next two years. Supply is 'expected to exceed the demand from buyers and result in a slide in local property prices from 2010', it said. HDB plans to release another 5,000 new build-to-order flats in the next six months. There are also 64,900 private homes in the pipeline, of which 90 per cent will be completed by 2011, while 60 per cent have yet to be sold.

Most experts believe, however, that confidence and demand will return by year-end - as long as the Singapore economy stays robust. 'Sellers now take a while to sell their homes, but there are still buyers,' said Mr Eric Cheng, the executive director of HSR property group. 'Last year, it took maybe a month to sell a home. Now, it takes two months. But in 2000 or 2002, it took a year,' he said.

[Unregistered]

You are right. It's the new condos with TOP in 2011 that could end up with negative equity.

That's why I am suggesting to all the sour grapes to take a three-year vacation and come back again in 2011 to frighten those people who have bought at a much higher price than me.

Maybe they will be very scared because by then the sub-prime problem would have been in its third year? Or may be they are not scared? I don't know.

Well we know your capacity. Borrowing for a 500K shack.

[Unregistered]

This is the wisest saying. People are too short sighted. To each his own, these people may be able to buy lower, but until then they have to pay the price of anticipation. If their expectations don't come true, it's all but wasted time and energy. Then after they have bought, they will keep comparing around to assure themselves that theirs was the best timed deal. Otherwise, they continue to feel gloomy because they didnt catch the bottom.

No need to blame them. We all know we are a kiasu society which will always su su and su.

Just ask yourself why there are so many eager buyers out there waiting for the price to drop so they can buy cheap? Because they all agree with you that Singaproe ppty fundamental is very solid and a sure make money in middle to long term. If that is the case, will you still believe that you can find a seller who will lower the price and sell to you to let you make a big profit?

[Unregistered]

Well we know your capacity. Borrowing for a 500K shack.

YES BRO HE SHOULD BE DISCUSSING ON A HDB OR DORM FORUM

[Unregistered]

http://www.todayonline.com/articles/246078.asp


First signs of housing market slowdown
By Tan Hui Leng, TODAY | Posted: 02 April 2008 0828 hrs


Singapore - AFTER property fever hit euphoric levels last year, flash estimates from the Housing and Development Board and the Urban Redevelopment Authority (URA) show the growth in real estate is slowing down significantly.

The index for the private home market showed prices rose 4.2 per cent in the first three month, down from the last quarter’s 6.8 per cent growth.

And looking ahead, some property watchers are taking a more subdued stand — expecting private property prices to inch forward a modest 1 to 2 per cent in the second quarter, and 5 to 10 per cent for the whole of this year. Should the economy contract on the back of a United States recession, home prices could fall for the first time since 2004, said an analyst.

But, PropNex chief executive officer Mohd Ismail, for one, is optimistic. While foreign interest last year buoyed the property market in the downtown and core central region, he said, strong domestic demand is expected to drive growth in the mass market.

He noted how condominiums in outlying estates such as Woodlands and
Jurong East are averaging $550 to $600 per square foot (psf), which is “still very affordable pricing that has moved up marginally from before the boom last year”. He predicted: “The mass market will continue to perform with prices expected to well exceed 10 per cent for 2008.”

He attributed the first quarter’s results to a low volume of transactions, due to many developers holding back property launches and sellers holding on to their properties.

ERA noted that after a fast-paced 2007, the private housing market seems to have come to “some form of standstill”.

“The lower overall price increase indicates that buyers have turned cautious in view of continued concerns about the US economy, sub-prime crisis and the
erratic stock market,” said ERA’s assistant vice-president Eugene Lim.

Knight Frank, which expects the rate of increase of private home prices to remain below 5 per cent in the first three quarters, outlined the most sobering scenario.

“If the economy were to contract in the coming months, home prices would face strong downward pressure and could experience their first decline since first quarter 2004,” said its director of consultancy and research Nicholas Mak.

Flash estimates are compiled based on transaction prices given in caveats lodged in the first ten weeks of the quarter, supplemented by information on the number of new units sold.

More complete statistics will be updated four weeks later and the URA notes, the difference between the flash estimate and actual price changes could be significant when the change is small

[Unregistered]

Hello , Everthing blur..blur to sale or not to sale that is the question.Can buy gold and sale property

Gold going down lah, hahahahahaha, idiot.

[Unregistered]

http://www.todayonline.com/articles/246078.asp


First signs of housing market slowdown
By Tan Hui Leng, TODAY | Posted: 02 April 2008 0828 hrs


Singapore - AFTER property fever hit euphoric levels last year, flash estimates from the Housing and Development Board and the Urban Redevelopment Authority (URA) show the growth in real estate is slowing down significantly.

The index for the private home market showed prices rose 4.2 per cent in the first three month, down from the last quarter’s 6.8 per cent growth.

And looking ahead, some property watchers are taking a more subdued stand — expecting private property prices to inch forward a modest 1 to 2 per cent in the second quarter, and 5 to 10 per cent for the whole of this year. Should the economy contract on the back of a United States recession, home prices could fall for the first time since 2004, said an analyst.

But, PropNex chief executive officer Mohd Ismail, for one, is optimistic. While foreign interest last year buoyed the property market in the downtown and core central region, he said, strong domestic demand is expected to drive growth in the mass market.

He noted how condominiums in outlying estates such as Woodlands and
Jurong East are averaging $550 to $600 per square foot (psf), which is “still very affordable pricing that has moved up marginally from before the boom last year”. He predicted: “The mass market will continue to perform with prices expected to well exceed 10 per cent for 2008.”

He attributed the first quarter’s results to a low volume of transactions, due to many developers holding back property launches and sellers holding on to their properties.

ERA noted that after a fast-paced 2007, the private housing market seems to have come to “some form of standstill”.

“The lower overall price increase indicates that buyers have turned cautious in view of continued concerns about the US economy, sub-prime crisis and the
erratic stock market,” said ERA’s assistant vice-president Eugene Lim.

Knight Frank, which expects the rate of increase of private home prices to remain below 5 per cent in the first three quarters, outlined the most sobering scenario.

“If the economy were to contract in the coming months, home prices would face strong downward pressure and could experience their first decline since first quarter 2004,” said its director of consultancy and research Nicholas Mak.

Flash estimates are compiled based on transaction prices given in caveats lodged in the first ten weeks of the quarter, supplemented by information on the number of new units sold.

More complete statistics will be updated four weeks later and the URA notes, the difference between the flash estimate and actual price changes could be significant when the change is small

Well well well....cannot camouflage for long. The cat will be out of the bag soon. No wonder developers are getting cold feet.

[Unregistered]

CHIP CHIP See below.
April 2, 2008, The Straits Times
Property market may stay quiet for up to a year
Home prices, sales could remain weak as US sub-prime concerns linger
By Fiona Chan, Property Reporter

..........

What is cheap? The current property prices?

Yes, you right.
Now that the US sub-prime concern is going away, the current property price is indeed cheap.
The problem is there but the concern is going away.

If the concern remain, the price is still not necessary high. Now that it is going away, it is definitely cheap.

Bank news and economic data boosts stocks to a big rally
Joe Bel Bruno
Business Writer
Associated Press
New York, New York, U.S.
Tuesday, 1 April 2008, 7:31PM U.S. EDT


Traders work on the floor of the New York Stock Exchange April 1, 2008. U.S. stocks extended gains on Tuesday, lifting the benchmarks S&P 500 and the NASDAQ up more than 3% as Lehman Brothers Holdings Inc.'s move to bolster its balance sheet calmed worries about the financial sector's stability. - Photo: Brendan McDermid, AP

Wall Street began the second quarter with a big rally Tuesday as investors rushed back into stocks, optimistic that the worst of the credit crisis has passed and that the economy is faring better than expected. The Dow Jones industrials surged nearly 400 points, and all the major indexes were up more than 3%.

Financial stocks were among the big winners after Lehman Brothers Holdings Inc. and Switzerland's UBS AG issued new shares to help bolster their balance sheets. With that upbeat news and a fresh quarter ahead of them, investors appear quite willing to make some bets that the worst of the damage from the nation's credit struggles has been felt. Moreover, the banks' moves buttressed the view that financial services companies are taking aggressive action to improve their capital bases and stave off the potential of a collapse similar to Bear Stearns Cos.

Analysts believe there must be a recovery in bank and brokerages to lead major stock indexes higher. Some of the biggest financial players had their sharpest moves of the year Tuesday — Citigroup Inc. shot up 11%, JPMorgan Chase & Co. rose 9%, and Lehman surged 18%.

"Investors have a difficult time making decisions about the stock market if they don't have confidence in major financial institutions, so there's been a lot of sideline cash," said Richard Cripps, chief market strategist for Stifel Nicolaus. "The extreme conditions that we've seen here over the past few months has been missing that confidence ... but that appears to be changing, and we're seeing the response."

Meanwhile, Wall Street got another boost when the Institute for Supply Management said its March index of national manufacturing activity rose to a reading of 48.6 — indicating a contraction, but a slower one than in February and tamer than many analysts had predicted. Government data on construction spending for February also came in better than expected.

The Dow rose 391.47, or 3.19 percent, to 12,654.36. It marked the eighth-biggest point gain ever for the Dow, and the third time in two weeks it came close to or surpassed 400 points.

Broader stock indicators also gained sharply. The Standard & Poor's 500 index rose 47.48, or 3.59%, to 1,370.18 — the index's best start to a second quarter since 1938. And, the Nasdaq composite index rose 83.65, or 3.67%, to 2,362.75.

The advance was in contrast to a lackluster session on Monday, where stocks managed a moderate gain in the final session of a dismal first quarter. Major indexes ended the first three months of 2008 with massive losses, marking the worst period since the third quarter of 2002 when Wall Street was approaching the lowest point of a protracted bear market.

Renewed enthusiasm that the credit crisis might be waning was also felt in the Treasury market, where government securities fell as investors withdrew money to take bets on stocks. The 10-year Treasury note's yield, which moves opposite its price, rose to 3.55% from 3.43% late Monday. The yield edged up to 3.56% in after-hours trading.

In addition to hopes about the financial sector, Wall Street was relieved to see the feeble dollar regain some strength against the euro. The euro fell to $1.5596 from $1.5785 late Monday in New York.

And there was also optimism that commodities prices, which have hit historic highs in recent months, have begun to retreat. Crude fell 60 cents to settle at $100.98 on the New York Mercantile Exchange after earlier falling below $100. Meanwhile, gold dropped back below $900 an ounce.

"This is a nice way to begin the second quarter," said Todd Leone, managing director of equity trading at Cowen & Co. "All the financials are up big, and there's a sense that things are turning. We definitely have not seen the last of the credit crisis, but we're getting closer."

The stock rally was underpinned by the announcements from UBS and Lehman Brothers that they are boosting capital by issuing new stock. Shares of banks and brokerages hovered near multiyear lows in recent months as investors feared heavy losses from investments tied to subprime mortgages would be overwhelming.

Earlier this month, widespread concerns about Bear Stearns' financial position forced the investment bank to sell itself to JPMorgan in a deal engineered by the Federal Reserve — and that stoked fears that other investment houses might follow.

JPMorgan rose $4.05, or 9.4%, to $47; while Bear Stearns was up 36 cents, or 3.4%, to $10.85 — slightly above the $10 per share acquisition price.

UBS, one of Europe's biggest banks, said it will issue up to $15 billion in new stock and that its chairman, Marcel Ospel, had quit. Investors chose to look past the bank's announcement that it will take a fresh $19 billion write-down due to additional declines in the value of its mortgage assets and other credit instruments, following an $18 billion write-down last year. Its shares surged $4.21, or 14.6%, to $33.01 in trading on the New York Stock Exchange.

Lehman Brothers, dogged by speculation it might reveal losses big enough to cripple the company, on Tuesday raised $4 billion of capital to stymie questions about its financial stability. Lehman rose $6.70, or 17.8%, to $44.34.

The Russell 2000 index of smaller companies rose 22.68, or 3.30%, to 710.65.

Advancing issues outnumbered decliners by about 4 to 1 on the New York Stock Exchange, where consolidated volume came to a heavy 4.65 billion shares, compared to 4.02 billion on Monday.

In overseas trade, Tokyo's Nikkei closed up 1.04%. There were gains in Europe too, with London's FTSE rising 2.64%, Frankfurt's DAX gaining 2.84% and Paris' CAC 40 advancing 3.38%.

[Unregistered]

What is cheap? The current property prices?

Yes, you right.
Now that the US sub-prime concern is going away, the current property price is indeed cheap.
The problem is there but the concern is going away.

If the concern remain, the price is still not necessary high. Now that it is going away, it is definitely cheap.

Poor guy thinking that the dead cat bounce is a sign of economy going up? Wah so ignorant morons here. If you are so sure then sell your property and put everything in stocks. woooohahahahaha.

[Unregistered]

Poor guy thinking that the dead cat bounce is a sign of economy going up? Wah so ignorant morons here. If you are so sure then sell your property and put everything in stocks. woooohahahahaha.

Poor guy thinking that the record rally and the URA's figure are April jokes? Wah so ignorant morons here. If you are so sure then sell both your property and sell your stocks. woooohahahahaha.

[Unregistered]

What is cheap? The current property prices?

Yes, you right.
Now that the US sub-prime concern is going away, the current property price is indeed cheap.
The problem is there but the concern is going away.

If the concern remain, the price is still not necessary high. Now that it is going away, it is definitely cheap.

Another Moron. ----CHIP CHIP---

[Unregistered]

ADB Cuts Asia's Economic Growth Forecasts, Warns of Inflation

By Shamim Adam

April 2 (Bloomberg) -- The Asian Development Bank lowered its growth forecasts for Asia's developing economies as a global slowdown weighs on exports and expansions in China and India cool.

Asia excluding Japan is predicted to expand 7.6 percent this year, less than a September estimate of 8.2 percent, the Manila- based lender said in a report today. The economies grew 8.7 percent in 2007, the fastest clip in almost two decades.

Asian central bank officials are balancing the threat of an economic slowdown against signs of quickening inflation fed by record energy and commodity prices. Measures to damp inflation will dominate central banks' policies this year, the ADB said, the second organization this week after the World Bank to warn of the threat of rising prices to the region.

``The major risk lies not so much in softer growth but in rising commodity prices and accelerating inflation,'' the ADB said. ``Appropriate macroeconomic responses to accelerating inflation are likely to include tighter monetary policy and some exchange-rate appreciation.''

Crude oil rose to a record $111.80 a barrel last month, while prices of food staples including rice, wheat, soybeans and palm oil have surged amid increased demand and higher fuel and freight costs.

In China, inflation has surged to the fastest pace in 11 years, while consumer prices in Sri Lanka and Vietnam have neared or exceeded 20 percent. Singapore's consumer price gains have reached levels not seen since 1982.

Highest in Decade

``Inflation in developing Asia is expected to accelerate and could hit a decade-long regional high,'' the report said.

The region's economies, almost twice as reliant on overseas sales as the rest of the world, are being dragged down by weakness in the U.S., Japan and Europe, the markets for 60 percent of Asian shipments.

``Although developing Asia is now exporting more to other emerging economies, this is unlikely to compensate fully for losses in the much larger, more established markets,'' the lender said. ``Market penetration of Asian suppliers in China's final goods markets is limited, and strong growth in China will provide only a limited cushion against the downturn'' in the U.S., Europe and Japan.

U.S. growth slowed to 2.5 percent in the fourth quarter from a year earlier and half of the economists in a Bloomberg News survey last month expect a recession this year.

U.S. Slowdown

The Federal Reserve has lowered its benchmark lending rate six times since September to cushion consumers and companies from the worst of a credit crunch that's made some of the world's biggest banks reluctant to lend to each other.

``The depth and duration of the U.S. slowdown will have knock-on effects elsewhere in the global economy,'' the report said. ``Though the prospect of a recession in either the eurozone or Japan looks less likely than in the U.S., growth is expected to decelerate sharply there.''

The Asian Development Bank reduced its growth forecasts for China and India, the world's two fastest-growing major economies. China's expansion will slow to 10 percent this year from 11.4 percent in 2007, while India's will ease to 8 percent in 2008 from 8.7 percent last year.

China's ``2007 performance suggests strong momentum going into 2008, maintaining a risk of overheating in some sectors and inflation becoming more entrenched,'' the ADB said. ``Net exports will be hit by a combination of weaker external demand, domestic policies to restrict some exports, currency appreciation, and rising local costs for labor and land.''

China's Interest Rates

The People's Bank of China will probably raise interest rates and order lenders to set aside more deposits as reserves this year, the report said. The central bank is also expected to allow the yuan to gain at a faster pace against the U.S. dollar.

The Reserve Bank of India is likely to hold off any interest-rate reductions until after the country's elections, the ADB said. The government faces elections before May 2009.

``The growth outcomes in the economy over the next two years will depend in part on the timing and scope for relaxing the present tight monetary policy,'' the report said. ``Easing of the lending rates and revival of the consumer durable goods sector and construction activities are important for achieving a pickup in industrial growth.''

The Asian Development Bank predicted that the region's expansion will quicken to 7.8 percent in 2009. While Asia's growth is still ``solid'' amid an ``unsteady'' global economy, it will depend on how domestic challenges are met, the ADB said.

``Developing Asia will not be immune to the global economic slowdown, nor will it be hostage to it,'' the lender said. ``Once Asia has passed through the gathering storm of rising commodity prices and inflation, its growth prospects are likely to depend much more on how successfully countries manage their economies and overcome domestic constraints to growth.''

[Unregistered]

What is cheap? The current property prices?

Yes, you right.
Now that the US sub-prime concern is going away, the current property price is indeed cheap.
The problem is there but the concern is going away.

If the concern remain, the price is still not necessary high. Now that it is going away, it is definitely cheap.

Another Moron. ----CHIP CHIP---

Another Moron, who has nothing to contribute but the words "CHIP CHIP". What a CHIP-CHIP Moron!

[Unregistered]

Market adds to gains after factory data
Caroline Valetkevitch
Reuters
New York, New York, U.S.
Tuesday, 1 April 2008, 10:10AM U.S. EDT


A logo of U.S. investment bank Lehman Brothers is seen outside its Asia headquarters in 1 April 2008 - Photo: Yuriko Nakao, Reuters

Stocks added to gains on Tuesday after stronger-than-expected data on U.S. factory activity eased some concerns about the economy.

The Dow Jones industrial average was up 223.26 points, or 1.82%, at 12,486.15. The Standard & Poor's 500 Index was up 23.52 points, or 1.78%, at 1,346.22. The Nasdaq Composite Index was up 43.10 points, or 1.89%, at 2,322.20.

The figures are showing US economy is turning around. No wonder the big rally in the US and across the whole Europe. Asia is enjoying this rally now.

US economy turning around is definitely good news! Keep it up!

[Unregistered]

ADB Cuts Asia's Economic Growth Forecasts, Warns of Inflation

By Shamim Adam

..........
..........

Careful of inflation.
Better hedge it.

[Unregistered]

Wah can buy so cheap condo 500K one. Afterall hawker what. Cannot dream of dist.10.?

Afterall hawker selling sour grape juice. where he got brains to think. is as good as counting your chickens before they hatch as bravo soon found out.?

Wah have to borrow even to buy a 500K shack??

Why are you so fascinated with district 10? I also happen to have district 10 but its TOP was decades ago.

I am using my dist. 4 property as illustration because of its impending TOP, to illustrate why it is meaningless for sour grapes to frighten people with the impending TOP.

"borrow even to buy a 500K shack??"

This is where you don't understand.

Borrowing allows you to leverage and invest in more properties.

In today's low interest rate environment, it makes more sense to borrow from the bank, compared to placing money in the bank.

By the way, I am not that "hawker" who has a sugar-cane machine to crush sour grapes with his $$$$.

[Unregistered]

My suggestion to all ppty owners is to continue to hold your units. Don't let go easily. It comes to a point very soon that ppl will start to realize that in order to preserve their assets value is to invest in ppty to hedge the monster inflation that looming into Asia.

Mark my words, Singapore ppty prices will continue to appreciate and double in a year or two.

Your argument is justifiable. The reason why our ppty market takes a breather is not totally due to the subprime issue alone but also due to strengthening of Sing dollar.

In fact, subprime issue did not have a direct impact towards the real economy in Asia, especially Singapore. Look at Hong kong, the ppty prices over there have continued to rise amid the subprime crisis. Why in HK the ppty prices can continue to soar and exceed their 1996 historical peak, while here we have to take a breather? Because HK dollar was pegged with US dollar. So, when US dollar weaken HK dollar also follows suit, this cause the ppty assets in HK was undervalued, so prices jump up.

Here, we know there are many foreign funds waiting to enter our ppty market and praise the Singapore growth story. But, why there are still no action yet? Because of the strong Sing dollar which make our ppty prices appear less attractive. But thing will change fast once the inflation issue is softening and MAS will allow Singapore dollar exchange rate to revert back to it's moderate level. By then guess what? Foreign funds will buy out all our ppty and prices will soar rapidly to the new plateau for sure.

[Unregistered]

Your argument is justifiable. The reason why our ppty market takes a breather is not totally due to the subprime issue alone but also due to strengthening of Sing dollar.

In fact, subprime issue did not have a direct impact towards the real economy in Asia, especially Singapore. Look at Hong kong, the ppty prices over there have continued to rise amid the subprime crisis. Why in HK the ppty prices can continue to soar and exceed their 1996 historical peak, while here we have to take a breather? Because HK dollar was pegged with US dollar. So, when US dollar weaken HK dollar also follows suit, this cause the ppty assets in HK was undervalued, so prices jump up.

Here, we know there are many foreign funds waiting to enter our ppty market and praise the Singapore growth story. But, why there are still no action yet? Because of the strong Sing dollar which make our ppty prices appear less attractive. But thing will change fast once the inflation issue is softening and MAS will allow Singapore dollar exchange rate to revert back to it's moderate level. By then guess what? Foreign funds will buy out all our ppty and prices will soar rapidly to the new plateau for sure.

You have a point there, yes, our Sing dollar is very strong now.

[Unregistered]

The figures are showing US economy is turning around. No wonder the big rally in the US and across the whole Europe. Asia is enjoying this rally now.

US economy turning around is definitely good news! Keep it up!

YES IN ONE DAY EVERYTHING TURNED AROUND. US ECONOMY GROWING. ALL SUB PRIME ISSUES OVER. MANUFACTURING GOING UP. HOUSING SALES ALSO SOARING. JOBS INCREASING.

GO AND HAVE YOUR BRAIN SCANNED NOW. DONT DELAY. TELL THE DOC THAT YOU WANT TO CONTINUE GETTING THESE HALLUCINATIONS. FEELS GOOD RIGHT?

[Unregistered]

You have a point there, yes, our Sing dollar is very strong now.

Right time to buy US$.

[Unregistered]

YES IN ONE DAY EVERYTHING TURNED AROUND. US ECONOMY GROWING. ALL SUB PRIME ISSUES OVER. MANUFACTURING GOING UP. HOUSING SALES ALSO SOARING. JOBS INCREASING.

GO AND HAVE YOUR BRAIN SCANNED NOW. DONT DELAY. TELL THE DOC THAT YOU WANT TO CONTINUE GETTING THESE HALLUCINATIONS. FEELS GOOD RIGHT?

Big cock talking cork again!

[Unregistered]

YES IN ONE DAY EVERYTHING TURNED AROUND. US ECONOMY GROWING. ALL SUB PRIME ISSUES OVER. MANUFACTURING GOING UP. HOUSING SALES ALSO SOARING. JOBS INCREASING.

GO AND HAVE YOUR BRAIN SCANNED NOW. DONT DELAY. TELL THE DOC THAT YOU WANT TO CONTINUE GETTING THESE HALLUCINATIONS. FEELS GOOD RIGHT?

AND ALSO IN 1 DAY, U DISAPPEAR IN AIR TOO!!!!!! MORON

[Unregistered]

Wah HK up 1050 points. Soon 30000 will be a reality.

[Unregistered]

AND ALSO IN 1 DAY, U DISAPPEAR IN AIR TOO!!!!!! MORON

lol SOS...stuckkkkkkkkkkkkk ohhhhhhhhhh stuckkkkkkkkkkk.

[Unregistered]

Wah HK up 1050 points. Soon 30000 will be a reality.

YES SELL INTO THE RALLY LIKE THE FAT CATS.

[Unregistered]

Wah HK up 1050 points. Soon 30000 will be a reality.

Tomorrow down 2000**pts

[Unregistered]

OH 59% UNSOLD. HEARD THAT? 59% UNSOLD. IT IS WRITTEN IN SIMPLE ENGLISH MORONS.

Stupid fools, I am talking about property prices up by 4.2%, don't try to confuse us with 59% unsold. U mean all along all units built is 100% sold???

Go and check last 10 years records, 59% unsold is sup sup sue. Many desperado enblockers getting millions of dollars looking for a shelter now. Walk in walk out of condos trying to find cheap buys but in the end, all went home disappointed.

I just don't understand all yr logic. If the prices drop by 20%, will you really buy??? I bet you will still kbkp why did'nt drop to 30% or 40%. Unless the police now go back to the old days and starts to wear shorts!!!

[Unregistered]

No need to blame them. We all know we are a kiasu society which will always su su and su.

Just ask yourself why there are so many eager buyers out there waiting for the price to drop so they can buy cheap? Because they all agree with you that Singaproe ppty fundamental is very solid and a sure make money in middle to long term. If that is the case, will you still believe that you can find a seller who will lower the price and sell to you to let you make a big profit?

Well said. Thats why all these poor sour grapes are so frustrated that the Q1 prices rose by 4.2% despite all the bad news. They all tan ku ku for the property price to go down. But there again, I bet they all have no balls to buy even if the prices go down by 10% becos they are all greedy looking for a 40% decrease. I repeat, you all sour grapes can TAN KU KU.

[Unregistered]

New idea -- how abt having betting set up for property prices on singapore pools .A index for next year April 1 ,2008 can be set up .. say 200 or 100 -- chose the side and bet the money ?

don't think Property Price Index up is good for the sellers who are waiting to sell their property. At higher price, it does not attract buyers, and everyone is expecting the price to come down, price index shown up,more buyers will stay away....

What you guys think?

[Unregistered]

don't think Property Price Index up is good for the sellers who are waiting to sell their property. At higher price, it does not attract buyers, and everyone is expecting the price to come down, price index shown up,more buyers will stay away....

What you guys think?

If you don't need one of course you don't buy. But, if you really need one then just pay the price and move in. Who can predict where the price is heading to? Even the most often quoted best ppty analysts still keep on revising his comments one week after another. This week he said up, and the following week he predicted down and so on and so forth.

Don't ruin your personal plan just because of the price.