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Thread: MM losing shine ??

  1. #1
    Join Date
    Jun 2014
    Posts
    10

    Default MM losing shine ??

    Wah, Our mickey mouse losing steam liao ?

    A sign of stress ?

    Having say that,
    There are really many MM units coming into the market soon... Hmm


    http://www.channelnewsasia.com/news/...e/1333936.html



    Cathay

  2. #2
    Join Date
    May 2012
    Posts
    4,035

    Default

    Quote Originally Posted by Cathay View Post
    Wah, Our mickey mouse losing steam liao ?

    A sign of stress ?

    Having say that,
    There are really many MM units coming into the market soon... Hmm


    http://www.channelnewsasia.com/news/...e/1333936.html



    Cathay
    This index always present half side of the story. MM down 0.8%. Central (exclude MM) down 0.7%. Outside central increase 0.1%.

    Can I also conclude central MM bear the brunt of the fall, and that OCR MM holding strong or even gaining? Really can't tell... More complete data please.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  3. #3
    Join Date
    Aug 2013
    Posts
    83

    Default

    Quote Originally Posted by Kelonguni View Post
    This index always present half side of the story. MM down 0.8%. Central (exclude MM) down 0.7%. Outside central increase 0.1%.

    Can I also conclude central MM bear the brunt of the fall, and that OCR MM holding strong or even gaining? Really can't tell... More complete data please.
    Index is useless because it does not distinguish:

    (i) Freehold prime (district 9, 10, 11) vs. leasehold CBD (district 1 and 2) vs. Sentosa when measuring central district property.

    (ii) MM-size two bedders (600 sq foot) and three bedders (800 sq foot) etc which both seem to be included in the index even though MM one bedders (<500 sq foot) are not.

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