That jerk is a conman who kept saying he is an investment banker. Who want to employ a conman?Originally Posted by Question
That jerk is a conman who kept saying he is an investment banker. Who want to employ a conman?Originally Posted by Question
Are we near the kind of economic difficulty faced during the Great Depression? The US economy today is much stronger than it was in 1929 and the fundamentals are still pretty strong regardless of the crisis we're in.
If you look at the numbers, they are so dramatically different. GDP growth in the US is about 1% and I'm sure it will fall but it is nothing like the -27% during the Great Depression. Unemployment is about 6.1%, but during the Great Depression it was 25%.
Today's world is very different from the Great Depression period - there is greater linkage between fiscal policies and the economy than before and all policymakers are working together. So we are not even close to the level of difficulties faced then.
Maybe Resort World @ Sentosa might employ him to con gamers?Originally Posted by Unregˇstered
Originally Posted by Unregˇstered
Hey conman is here, looking for me? he he he
to all suburbians, this song is dedicated to you
http://www.youtube.com/watch?v=CEbikoW0Fn4
nice leh.....thanks for sharingOriginally Posted by Suburbia
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This is an extremely nice project by Sim Lian well known for its good finishing and quality. However, the balcony lacks privacy. Too close to other neighbours.
a lot of wasted space, little living space. also too many HDB flats around for comfort. Reminds me of HDB's executive condo.
Originally Posted by Clover by the Pot
No problem with balcony, u can put a blind from the ceiling to provide privacy...Originally Posted by Clover by the Pot
Near to HDB = near amenities which is better, you have this you can't have that.
No issue with HDB nearby, I think it is a great project, anyway how many such projects u can find next to vast greenery like Bishan Park? With ABC remake project by govt on park, even better next time !
Natura HDB launching 600-736k for 120sqm
This goes to show that Bishan still sells.....
In fact, it makes Clover much more better buy....
same maintenance, less restrictions..
yet private exclusive and condo facilities...
I fully agree with you, I was there at both showrooms this afternoon.
HDB still cannot compare to private. Although Natura Loft is a good project, Clover is definitely a notch if not two above Natura. Its premium in pricing is worth every cent.
Long term (>10 years), as land become more scarce in Spore, Clover will see prices stabilising at least 1000 psf, mark my words.
Originally Posted by Better than Natura
How come got ppl compare Clover to Natura Loft???Originally Posted by Central Kid
How can compare one? One is private and one is still public with all the stupid rules
http://www.todayonline.com/articles/284772.asp
Weekend, November 1, 2008
Good turnout at new DBSS project
Tan Hui Leng
[email protected]
AT first glance, you might not have thought an economic slowdown was in the wind, with 1,000 visitors thronging the sale launch of the Housing and Development Board’s latest project at Bishan on Day One.
Natura Loft, a Design, Build and Sell Scheme (DBSS) project, features three 40-storey blocks of 160 four-room flats and 320 five-room units.
Describing the response as “enthusiastic”, developer Qingjian Realty’s deputy general manager, Mr Li Jun said: “In fact, online registrations started coming in at 8am ... There are interested buyers who have not even seen the show flat.”
The crowd was a mix of young couples and families looking to upgrade. IT professional Ashley Yong turned up with fiancee Rebecca Lim.
“We can’t afford a private property, and we like this location,” he said. His parents live in Bishan and the couple expects several Government grants to help them finance their first flat.
“Economic crisis or not, I don’t expect public housing prices to come down by, say, 50 per cent, especially in a prime location like Bishan where resale flat prices will still continue to be high,” added the 32-year-old.
One prospective upgrader was project manager Edmund Lim, 40.
“I am here to compare the differences between a DBSS flat and a private condominium,” said Mr Lim, who lives in a Pasir Ris executive flat with his wife and nine-year-old daughter.
Still, good turn-out aside, by the time the show-flats closed at 6pm on Friday, there were just 80-or-so applications.
So, has the weakening economy dampened the mood of property hunters — especially with Natura Loft units asking prices higher than DBSS flats at Boon Keng and Ang Mo Kio?
In January, more than 1,100 applied for 714 DBSS units at City View@Boon Keng on its first day of launch. In July, 130 applied for 578 DBSS units at Park Central@AMK within the first few hours after having been launched on a Wednesday.
Calling the first-day take-up at Natura Loft “normal”, Mr Li said the company expects a better response this weekend.
Cheap compared to the normal HDB flats!Originally Posted by so expensive!
No wonder so many are buying.
[/QUOTE]
280 bought during the weekends?Originally Posted by great response!
Sure or not?
So good meh?
Originally Posted by What?
280 submitted application for the option to buy. Going by the trend, there will be some who submitted because they are kiasu and just want to try their luck.
Sadly, there will be people with the herd mentality and jump in to submit their application before they first do their sums properly. Once they did their sums, they will find that the flats are priced beyond what their income can comfortably support.
Afterall, they are not suppose to earn more than $8,000 per month.
Lets wait for the real take up rate. Anyway, still seeing Boon Keng and AMK DBSS advertising, so they are not fully taken up too. I don't think this will be any different.
You mean they want to get banned from apply for a HDB flat the next time under the new HDB regulation?Originally Posted by iridrium
they only get banned if they are successful in the application and reject to take up the offer.
i think alot of ppl with combined income of 10k are trying their luck.
if they get rejected as not qualified, i dont think they will be banned.
You mean there is a chance they will accept the application from those with >$10k monthly income?Originally Posted by Unregisteredxx
If not, why bother to try?
Originally Posted by Curious
If they earn > $ 10K, they should buy freehold condo or landed property rather than HDB.
< $8,000: .. buy HDB flats.Originally Posted by Unregistered999
$8,000 < $10,000: buy executive condos
> $10,000: . buy private properties
< $8,000: buy HDB flats.
$8,000 < $10,000: buy executive condos
$10,000 < $15,000: buy leasehold condos
$15,000 < $20,000: buy freehold condos
> $20,000: buy landed properties
Some ppl less than 8K also can stay Condo mah. Papa sponsor $$.Originally Posted by Unregisteredx
Some people don't work also can stay in GCB.Originally Posted by Unregisteredoooohhh
Wah lau! We are talking in general.
Who set this rules... Havent you see people struggle to pay maintenance fee in condo ? havent you see porsche and Merc in HDB ? crap.
Originally Posted by Unregisteredx
Hello! In general.Originally Posted by NUnregistered
Originally Posted by Unregistered
No more 280 lah.Originally Posted by What?
Now already 500. More than the 480 flats available.
Originally Posted by mr funny
given that this property is targetted at families, the design is not at all safe for family with young children.
We actually like the location and the size of the units, but they have such big open balcony. There are already some scary and sad news about young toddlers falling from balcony, so we think it may not worth to spend the money just to buy a future home full of worries.
No issue with the balconies, they are standard height. What we need is education for the children (from as young as 2 years) to know what is safe and what is not.
Even without balconies, if children are not properly educated about safety, many incidents can still occur inside the house.
Originally Posted by young housewife
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Can always email/call/sms for enquiries.
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