A Moron uttering rubbish here.Originally Posted by Unregistered
A Moron uttering rubbish here.Originally Posted by Unregistered
speculators are completely absent in the mkt for the last two months.
if the STI rebound continues you will see the ppty price index shoot up. just wait. ppty sentiment lags stock sentiments. if STI hits 3500+ the ppty prices will shoot up v sharply.
With the recent crash in STI to 2500+ the ppty prices are still rising. absolutely shocking to me.
Many people are burnt in shares, some are force to sell property to pay for losses in shares, unless shares market recovers, there is no way property sector can be good. u wait n seeOriginally Posted by Unregistered
Why so bor song? Disenchanted also no use. Even top analysts hardly get it right, if not they would be busy managing their billions instead of analysing for you. Property not for the faint hearted and worriers. Be a little enterprising and get your own feel. Comfortable buy if not stay off. Enterprise and some guts is more rewarding than relying on risk controlled ideas of MBAs.
Don't anyhow make sweeping statement such as "many people are burnt in shares", "some are forced to sell property", ....Originally Posted by Unregistered
Anybody can make baseless sweeping statements. What we need is facts.
Tis is call enterprising and person with brave heart. pls readOriginally Posted by Unregistered
A SMALL property firm that snapped up enough sites to place it among the top en bloc players last year has put off completing two deals while it ties up funding.
Because of the delays, owners at one condo are still waiting to pick up cheques for well over $1 million each. They expected payment in late February but an extension put this back to March and now the due date is late this month.
The payments are pending from Bravo Building Construction, a relatively new firm on the property scene. It bought freehold Pender Court condominium in the Telok Blangah area for $80 million last July and soon after purchased Tulip Garden near Holland Road - also freehold - for $516 million.
But completion of both deals seems to have stalled.
Completion is at the final stage of the sale process and triggers the final payment - usually around 95 per cent of the purchase price - to owners. The remaining 5 per cent is paid when the owner vacates.
These headaches for the owners come amid a slowing market for collective sales. The first quarter this year saw just one relatively small deal, compared with some 25 notched up in the same period last year.
The Tulip Garden transaction is expected to be completed late next month but Bravo has already asked for two postponements - first to July 23 and then Aug 7.
It has also asked for extensions to pay an additional 5 per cent of the purchase price - $25.8 million.
This is a routine payment required once the Strata Titles Board approves a sale. An initial 5 per cent deposit was paid when the sale was done.
The deadline for the second 5 per cent payment was March 13 but Bravo won approval to move it to April 7. Then in mid-March, it again asked to move the date, this time to May 5.
However, before the sale committee could respond to the request, it is understood that Bravo asked again to have the date moved even further back, to June 7.
Tulip Garden sold for about $1,018 per sq ft. It has 164 units comprising 96 flats, 66 maisonettes and two shophouses. Flat owners stand to reap $2.5 million to $4.2 million while maisonette owners will receive about $3.4 million each. The shop units will get about $1.1 million each.
The owners are meeting this weekend to consider Bravo's requests that the completion date be pushed back to Aug 7 and the deadline for the $25.8 million payment be extended to June 7.
The Pender Court deal is even further behind schedule.
Bravo was supposed to have completed the sale on Feb 25 but had it postponed, initially to around mid-March. It then asked for a further extension to April 24, which has apparently been granted.
Pender Court's 48 owners should each get $1.6 million or so for their flats, which sold for about $872 psf.
Sources have told The Straits Times that they understand Bravo is committed to completing the two purchases and just needs more time to arrange funding.
Bravo, which was registered in 2002, reportedly picked up $824.5 million worth of en bloc sale deals last year, making it the fourth-largest buyer of en bloc sites.
Bravo's directors could not be reached for comment, despite numerous telephone calls and a visit to its office in an industrial building in Geylang Road last Friday. A Bravo staff member said that the company directors were away on business.
ANOTHER END-BLOCK.s enterprising.
Wah lau!
Not only Asia stocks are surging, but also Europe stocks.
Charge!
And then it will be US turn to surge tonight.Originally Posted by Unregistered
We are still waiting for the big surge.
Originally Posted by Dow Jones
China the biggest of them all DROPPING!!!!!Originally Posted by Unregistered
Drop you head!Originally Posted by Unregistered
Shanghai is still up!
Anyway, the rest of Asia, the whole of Europe, the whole of Americas, the US, are all surging.
More bad news.I cant wait for more.
Bad news fpr property keeps coming. Speculators dead.Originally Posted by Unregistered
No need to wait for bad news.Originally Posted by Unregistered
A few have already come out last night. You never read the UBS, DB, etc. news meh?
Maybe 1 or 2 more coming out tonight or tomorrow night.
More.Please post more bad news.Hoping for a crash so I can buy one cheap.
Yes, you are very right. You are exactly spot on.Originally Posted by Unregistered
We have already told those speculators not to short Dow Jones. They don't listen. They think when there are bad news in the market mean can short Dow Jones. See what happen now? All these speculators were burnt badly. Every stocks markets are surging.
All these bad news have been factored in. They are useless.
Don't be so greedy. You have already gotten what you asked for.Originally Posted by Unregistered
You want bad news. You have them.
You want crash. SIBOR has crashed to the lowest level and is continuing its crash. So you have a crash too.
What else do you want?
Shut up you moron. Europe is flat and dropping even with the big jump in Dow. Dont mislead people.Originally Posted by Unregistered
ATX Austria 3,896.92 .....3:45PM SGT..... 18.13 (0.47%)
BEL-20 Belgium 3,827.93 ......4:00PM SGT..... 11.20 (0.29%)
OMXC20.CODenmark434.95 ........3:59PM SGT.... 0.06 (0.01%)
CAC 40 France 4,875.56 ........4:00PM SGT... 9.56 (0.20%)
DAX Germany 6,738.34.......... 3:45PM SGT..... 18.01 (0.27%)
AEX General...Netherlands....452.33 ..... 4:00PM SGT 1.29 (0.28%)
OSE All Share Norway 488.39 3:45PM SGT 3.50 (0.72%)
MIBTel Italy 24,883.0000 4:00PM SGT 5.0000 (0.02%)
ISE National-100 Turkey 91.91 5:00AM SGT 0.00 (0.00%)
Madrid General Spain 1,482.73 3:55PM SGT 0.00 (0.00%)
Stockholm General Sweden 321.90 3:59PM SGT 0.88 (0.27%)
Swiss Market Switzerland 7,541.59 4:00PM SGT 47.29 (0.63%)
FTSE 100 United Kingdom 5,857.00 3:45PM SGT 4.40 (0.08%)
)
Those speculators going to win big time tomorrow.Originally Posted by Unregistered
Originally Posted by Unregistered
Still not that bad.I want badder news.
So greedy!Originally Posted by Unregistered
There is an asteroid coming our way that may hit our earth. If it do, we will be dead.
I want bad news now!
Moron agh, dropping meh?Originally Posted by Unregistered
Which one ah?
Name ......... Last Trade ............. Change
ATX .......... 3,891.14 4:12AM ET ..... 12.35 (0.32%)
BEL-20 ....... 3,825.48 4:26AM ET ..... 8.75 (0.23%)
CAC 40 ....... 4,873.22 4:26AM ET ..... 7.22 (0.15%)
DAX .......... 6,745.68 4:12AM ET ..... 25.35 (0.38%)
AEX General .. 452.06 4:26AM ET ....... 1.56 (0.34%)
OSE AllShare . 488.34 4:12AM ET ....... 3.46 (0.71%)
MIBTel ....... 24,960.00 4:26AM ET .... 72.00 (0.29%)
Madrid General 1,487.01 4:25AM ET ..... 4.28 (0.29%)
Stockholm G .. 322.38 4:26AM ET ...... 1.36 (0.42%)
Swiss Market . 7,589.24 4:26AM ET ..... 94.94 (1.27%)
FTSE ......... 100 5,857.10 4:11AM ET . 4.50 (0.08%)
Wah lau! You believe him when he say it is dropping? Please!Originally Posted by Unregistered
All stocks are moving up.
Ahahahaha. Yes, all are surging now- I thank God for bringing my portfolio back to the black.Originally Posted by Unregistered
Originally Posted by UnregisteredOMG! The world is surging right now.Originally Posted by blackjack21trader
Most of Asia markets are closed for the day. All surged man!Originally Posted by Unregistered
You obviously do not know what you are talking. STI at 2500+ ?Originally Posted by Unregistered
Europe is surging. Next one is the US.Originally Posted by Unregistered
He meant 3500+.Originally Posted by toaler
Bought at 2004 only $478,200. 1238psf 99LH.Originally Posted by Unregistered
not D9 lah.