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Thread: The Wharf Residence (D9, 999 yrs, Capitaland)

  1. #61
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    http://www.businesstimes.com.sg/sub/...33427,00.html?

    Published May 18, 2009

    CapitaLand sells 24 more The Wharf Residence units

    About 80% of buyers for the 134 units sold to date are Singaporeans


    CAPITALAND has sold another 24 apartments over the weekend at The Wharf Residence at Tong Watt Road, off Mohamed Sultan Road, the listed property group said in a release yesterday.


    Price range: Artist's impression of The Wharf Residence, where the apartments are priced at between $1,300 and $1,600 psf

    This comes after the sale of 85 apartments on Friday following a relaunch of the 999-year-leasehold project.

    The apartments are priced at between $1,300 and $1,600 per square foot (psf) inclusive of a package comprising stamp duty absorption and an interest absorption scheme.

    Buyers who do not opt for this package will enjoy an 8 per cent discount.

    Last year, CapitaLand priced apartments in the development at $1,500 to $1,900 psf, again inclusive of the stamp duty/interest absorption package.

    However, buyers were not given the choice of not opting for this package.

    With the latest sales achieved up to 4pm yesterday, CapitaLand has sold 134 of the total 173 apartments in the project.

    About 80 per cent of buyers for the 134 units sold to date are Singaporeans.

    The rest are from Indonesia, Malaysia, China, Japan, Canada and Vietnam, said CapitaLand Residential Singapore CEO Patricia Chia.

    The apartments comprise two to four-bedroom units ranging from 1,012 to 2,196 square feet, as well as five penthouses (2,745 to 5,565 sq ft).

    The development also includes 13 conserved shophouses, dubbed the Vintage Collection houses, ranging from 4,478 to 4,930 sq ft in strata area.

    Ms Chia said CapitaLand has received queries for the conserved houses and will launch them for sale soon.

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    Default The Pier

    Would Whaft be a better buy than The Pier? The Pier is already 3 years old but still looks very nice. I am sure the rental yield is good too considering it is next to the river with all the pubs below.

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    Quote Originally Posted by ST88
    Would Whaft be a better buy than The Pier? The Pier is already 3 years old but still looks very nice. I am sure the rental yield is good too considering it is next to the river with all the pubs below.
    what kind of rental yield is considered good ?

    i am just doing a mental calculations...

    take rivergate as example

    assuming 1700 sqft .. bought at 1000 psf during launch .. and securing 80 pct loan ... the monthly repayment will be rought 5.5-6k .. adding maintenance of 500 a mth .. thats 6-6.5k ...???

    and there are 1700 sqft brand new Rivergate rental asking 7.5k neg ..

    is that good ? 7.5 -6 = 1.5 k

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    Quote Originally Posted by proud owner
    what kind of rental yield is considered good ?

    i am just doing a mental calculations...

    take rivergate as example

    assuming 1700 sqft .. bought at 1000 psf during launch .. and securing 80 pct loan ... the monthly repayment will be rought 5.5-6k .. adding maintenance of 500 a mth .. thats 6-6.5k ...???

    and there are 1700 sqft brand new Rivergate rental asking 7.5k neg ..

    is that good ? 7.5 -6 = 1.5 k
    i am surprised no one responded to my earlier post regarding rental yield ..

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    By the way, Rental yield is a matter of your return on capital invested and not related to how much you need to pay for housing loan instalment.

    Quote Originally Posted by proud owner
    i am surprised no one responded to my earlier post regarding rental yield ..

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    Quote Originally Posted by teddybear
    By the way, Rental yield is a matter of your return on capital invested and not related to how much you need to pay for housing loan instalment.
    i understand that ... i am just wondering with a mere 1.5 k maybe even less depending on what was the purchase psf ..as i only used 1000 psf for my calculation ..

    why would anyone even consider it ?

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    Talking

    I think some buyers are looking more at capital gain than rental yield.

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    Quote Originally Posted by dormer
    I think some buyers are looking more at capital gain than rental yield.
    i know

    meanwhile there are 295 advertisement in property guru ...out for rent ...

    assuming there are repeats ... so there are at least 100 units looking for tenants ??
    trying to rent out ..to tide over this period and hopefully when mkt recovers in end 2009 or 2010 ...

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    Quote Originally Posted by proud owner
    i am surprised no one responded to my earlier post regarding rental yield ..
    everyone knows rental yield will be 0 to 2%.

    very likely 0 because the number of units available for rent in river valley more than number of expats who want to stay here.

    come to the worst, rent to ah neh lor....

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    if all the vacant properties in river valley really bo pian must rent to ah neh then next door fraser no need to spend 5 million to change road name liao. can leave it as meyahneh chetty rd, no need change to martin place

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    eh Anus, I think you have confused D9 with D8. High class Indian expats live in D9, Bangladesh workers hang out at D8. Wa lao! Like that also don't know.

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    I know of people who have a few properties and they just leave it vacant unless can get good rental. They don't need the rent away. Why do they want to do so? No idea, May be it has to do with the money getting cheaper by the day because of the printing press and hence property is a better preserver of value.

    Quote Originally Posted by proud owner
    i know

    meanwhile there are 295 advertisement in property guru ...out for rent ...

    assuming there are repeats ... so there are at least 100 units looking for tenants ??
    trying to rent out ..to tide over this period and hopefully when mkt recovers in end 2009 or 2010 ...

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    they leave it vacant becos they have no choice, not becos they want to

    number of buyers lapping up mickey mouse units, studios, 2 bedders are a sign that the recovery is a false one.. and if it is false it is a trap

    meanwhile rental will continue to plummet

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    May be you have not seen the really rich people, and there are many in Singapore from all over the world because of the good living environment. They can't be bothered with the few thousand dollars as they just state a price and leave it to the agents. No hit their asking price no rent out.

    Quote Originally Posted by august
    they leave it vacant becos they have no choice, not becos they want to

    number of buyers lapping up mickey mouse units, studios, 2 bedders are a sign that the recovery is a false one.. and if it is false it is a trap

    meanwhile rental will continue to plummet

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    http://www.straitstimes.com/Money/St...ry_378581.html

    May 19, 2009 Tuesday

    Price cuts draw buyers to 3 condo relaunches


    Parc Centennial sold 32 units at $1,115 psf to $1,233 psf over the weekend. Prices were about 20 per cent lower than last year's $1,450 psf. -- PHOTO: EL DEVELOPMENT


    THREE prime condominium projects that struggled to generate interest last year saw a surge of buyer activity over the weekend after developers cut their prices.

    The freehold 19-storey Parc Centennial in Kampong Java Road - where all 51 units are served by private lifts - sold 32 units at $1,115 per square foot (psf) to $1,233 psf, or from $1.27 million to $1.93 million. This price level is about 20 per cent lower than last year's $1,450 psf, and the interest absorption scheme is included.

    Developer EL Development sold only six units in April and May last year when the project was originally released for sale. And at a private preview in March this year, it sold a 2,486 sq ft penthouse unit for $1,005 psf.

    It held a preview this past weekend and has now sold all the two-bedroom units, which start from 1,098 sq ft. The three-bedders increase in size to 1,572 sq ft.

    Managing director Lim Yew Soon said he had raised the prices of the remaining 12 three-bedroom units at Parc Centennial by 2 per cent.

    Over at the 302-unit Martin Place Residences in River Valley, a soft launch over the weekend saw sales of 80 units at $1,450 psf on average, out of a total of 100 units launched.

    Developer Frasers Centrepoint Homes said the 'attractive pricing' drew buyers. It released units priced from $1,260 psf to $1,700 psf, compared with the initial 28 units sold at $1,700 psf to $2,000 psf last year.

    Singaporeans made up 62 per cent of the buyers at Martin Place Residences, with the rest being permanent residents and foreigners.

    Earlier, CapitaLand had reported strong weekend sales at its 173-unit The Wharf Residence. About 95 per cent of the buyers chose not to take up the stamp duty waiver and interest absorption, preferring a straight 8 per cent price cut, it said yesterday.

    Prices started at just below $1,000 psf for units with private enclosed space and many of the weekend deals were done at less than $1,300 psf, industry sources said.

    Attractive price cuts, coupled with the recent stock market rally and a fear of losing out, are some of the key factors spurring buyer interest, experts said.

    Compared with the situation late last year, buyers are more confident and developers seem to be taking advantage of improving sentiment to relaunch projects at attractive prices, said PropNex chief executive Mohamed Ismail.


    JOYCE TEO

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    Foreigners back in private home market
    Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China
    Joyce Teo
    The Straits Times
    Thursday, 5 November 2009


    New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter. -- Photo: Desmond Foo, ST

    Foreign buyers are streaming back into the private homes market in growing numbers, especially those from China.

    New research from property consultancy Savills Singapore shows foreigners accounted for 22.7% of private home sales in the third quarter – above the 19.7% average since the start of 2000.

    Buyers from China have dislodged those from India for the No. 3 spot in the rankings this year with a contribution of nearly 15% of total foreign purchases. This puts China just behind Indonesia in the second spot and Malaysia at No. 1.

    In the past two years, India had been in third spot, but it has slipped to fourth.

    Last year, buyers from China had moved up to the No. 4 spot, dislodging buyers from Britain.

    Buyers from Myanmar featured more strongly, coming in at No. 8. They did not make it to the top 10 last year, and were 10th in 2007.

    In the July to September period, foreign buyers – including permanent residents – lodged 2,448 private home caveats, a key step to buying a home.

    This is up from 1,807 caveats in the second quarter and just 498 in the first, according to data compiled by Savills.

    In all, permanent residents bought 1,389 homes in the third quarter.

    DTZ said its preliminary data for the third quarter showed that foreigners accounted for about 25% of total sales, compared with about 33% during the boom of 2007.

    The most popular project sought by foreigners was Sophia Residence, a project launched in July. Then came Caribbean at Keppel Bay, Ascentia Sky, One Devonshire and Viva.

    Permanent residents preferred Melville Park, a 99-year leasehold condominium in Simei, the recently launched Trevista, followed by Caribbean at Keppel Bay.

    About 54% of the purchases by China buyers were for resale homes, said DTZ head of South-east Asia research Chua Chor Hoon.

    Like Malaysian buyers, buyers from China tend to prefer homes priced between $500,000 and $1 million.

    One-fifth of them bought homes costing $1.5 million to as much as $5 million.

    Indonesians, however, tended to go for higher priced projects, particularly those priced $1.5 million to $5 million.

    They like properties located at Novena, River Valley and the Singapore River.

    They had been the biggest group of foreign buyers, taking first place from 2004 to 2007, only to lose the spot to Malaysia during the recent economic crisis, said Ms Christine Sun, Savills Singapore’s senior research & consultancy manager.

    The latest figures featured a substantial rise in the number of foreign transactions for higher-priced properties.

    A total of 86 properties priced above $5 million were sold in the quarter, up from 27 in the second and a mere six in the first.

    Also, there was a 60% rise in deals for projects costing between $1.5 million and $5 million. Demand from foreigners for mass market homes was little changed from the second quarter.

    Savills said recent data showed that foreigners who are not permanent residents tend to buy more pricey projects.

    This group was also more likely to buy homes in prime districts than permanent residents, said Ms Sun. ‘We are hearing that more of these super-rich mainland Chinese buyers have come in recent weeks to buy prime properties like the bungalows in Sentosa Cove.’

    But the big influx of foreigners to the luxury market in the 2006-2007 boom has not quite returned, consultants said.

    Still, support from regional buyers could rise further. Jones Lang LaSalle’s head of residential, Ms Jacqueline Wong, said the firm has had rising interest from new potential buyers from India, China and Russia in the past four months.

    ‘We are one of the places they are considering. They see Singapore as a safe haven,’ said Ms Wong.

    A senior private banker at a foreign bank said: ‘We are seeing some clients consider buying a Singapore property as one of a string of homes they have around the world. Luxury homes have come down 30% from the peak, so they are better value now.’

    DTZ’s Ms Chua said foreign buyers see the growing attraction of Singapore as a global city and expect prices to keep rising as the economy strengthens.

    ‘Prices of prime and luxurious units have not reached 2007 levels and there is still the potential of capital appreciation depending on the rate of economic recovery,’ she said.


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    Aspen Heights condo resale price hits $1,450 psf
    The Edge
    Monday, 25 January 2010


    Aspen Heights

    Aspen Heights may be 11 years old, but the massive 606-unit condominium located along River Valley Road has been enjoying a resurgence of interest from homebuyers, riding on strong sales of new developments nearby. After only 15 transactions hovering at the $1,000 psf level in the first half of 2009, more than 30 units have changed hands in 2H2009, with prices surging past $1,400 psf. For the period Dec 23 to 31, there were three caveats for units sold at $1,250 to $1,450 psf, according to URA Realis.

    After the onset of the financial crisis in late 2008, prices at Aspen Heights sank below $1,000 psf for about half a year, before rebounding strongly in June 2009 with the rest of the market. The main reason for the upturn could be the strong sales of nearby developments, including The Wharf Residence and Martin Place Residences, which were among the top sellers last year.

    The 2 upper-mid-tier projects were relaunched in mid-May last year at prices that were 20% lower than in early 2008. For instance, in mid-May last year, CapitaLand had priced the remaining units at the 173-unit The Wharf Residence on Tong Watt Road off River Valley Road at $1,200 to $1,500 psf, compared with $1,500 to $1,900 psf for the first phase released at previews in mid-2008. Meanwhile, Frasers Centrepoint Ltd also relaunched Martin Place Residences at Martin Place off Kim Yam Road at $1,260 to $1,700 psf, compared with its soft launch in early 2008, when 28 units were sold between $1,700 and $2,000 psf.

    Since last May, however, prices of both projects have enjoyed an uplift. Last October, a high of $1,496 psf was achieved in a new sale by the developer when a 2,206 sq ft unit at The Wharf Residence was sold for $3.3 million. The condo is expected to be completed in 2013.

    Likewise, at the 302-unit Martin Place Residence, sales have picked up since May. Last month, a 1,044 sqft unit was sold for $1.88 million, or $1,800 psf, in a sub-sale according to a Dec 2 caveat. This is a 13.7% gain for the original owner, who purchased the unit from Frasers Centrepoint Homes and sold it in just 6 months.

    The buoyant demand for homes in the River Valley Road area could also have been sparked by the new shopping centres that opened along Orchard Road last year: ION Orchard, Orchard Central, 313@Somerset and Triple One Somerset (at the former Singapore Power Building site). Easy access to a range of good schools like River Valley Primary School and Singapore Management University as well as cafés and restaurants in the Robertson Quay area continue to reel in families with school-going children as well as investors.

    New developments under construction have also drawn buyer interest to existing developments in the River Valley and Mohamed Sultan neighbourhood. The largest project in the area is easily Aspen Heights, developed by the former DBS Land (now part of CapitaLand). Units range from 882 sqft 2-bedroom apartments to 1,604 sqft for 4-bedrooms, while penthouses measure 2,691 to 3,143 sqft.

    With prices recovering to 2007 levels, it’s also a good time for owners looking to sell their properties. According to a Dec 30 caveat, a 1,324 sqft unit on the fifth floor of block 263 (one of two blocks) changed hands for $1.67 million, or $1,260 psf, translating into a 23% gain for the seller, who purchased the unit in early 2007.

    On the 10th floor of the neighbouring block 261, a 2,691 sqft penthouse fetched $3.9 million, or $1,450 psf. That’s a 19% gain for the seller, who purchased the unit for $3.28 million 3 years ago, according to a March 2007 caveat.

    With renewed investor interest in projects in Orchard Road and investors targeting both older projects and new launches, it won’t be surprising to see resale prices at Aspen Heights returning to or even surpassing mid-2007 levels.

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    Mohamed Sultan Road office site up for sale
    New bid is double the one URA received in 2008
    Emilyn Yap
    The Business Times
    Friday, 29 January 2010

    The Urban Redevelopment Authority (URA) will be launching a transitional office site at Mohamed Sultan Road for sale in around 2 weeks' time, after a developer committed to pay at least $9.33 million for it.



    The bid, which works out to $94 psf ppr, is double that which URA received in 2008 when it last tried to sell the site. This has raised a few eyebrows, considering the soft state of affairs in the office market.

    The 15-year-leasehold office site has a site area of 66,482 sqft and a maximum permissible gross floor area (GFA) of 99,728 sqft. It can accommodate a 4-storey building.

    DTZ executive director Ong Choon Fah believes that the parcel stood out because of its location, which is not too far from the central business district (CBD) and is near entertainment spots at Clarke Quay. Companies in the creative industry may find the site attractive, she said.

    Cushman & Wakefield Singapore managing director Donald Han agrees that the site's location is appealing. Given the relatively high offer, he suggests that the bidder could be a firm looking to own and occupy the site, or a developer which 'knows the game, and is confident of developing transitional office sites'.

    He added that the bidder could be expecting a recovery in the office market and as a result, higher rents in future, after the development on the office site is ready around the 2nd half of 2011.

    Leasing activity in the office market has picked up in the last few months as the economy stabilised. 'Although we expect office rents to continue to slide perhaps to the end of this year or early next year, the worst is probably over,' says Mrs Ong. 'There's a lot more confidence.'

    But both consultants do not expect to see many other bidders for the site when the tender is launched. With this bid being so much higher than the previous one, 'there could be some segments saying 'it's not cheap',' Mr Han quipped.

    URA had launched the site for sale in August 2008 when it was on the confirmed list. It received one bid of $4.65 million or $47 psf ppr from RSP Architects Planners & Engineers, but rejected it as it was too low. URA transferred the site to the reserve list in October that year.

    The agency last sold a transitional office site at Scotts Road/Anthony Road in May 2008, for $32.99 million or $226 psf ppr.

    Separately, owners of the freehold residential development Holland Hill Lodge have put their estate up for collective sale. The asking price ranges from $15 million to $16 million, and this translates to a land price of $1,038-$1,107 psf ppr, based on a gross plot ratio of 1.6.

    The site measures some 9,033 sqft and the existing GFA of the development is 18,086 sq ft. The owners are checking with the authorities on whether this GFA can be fully utilised upon redevelopment.

    Credo Real Estate is marketing the site and the tender closes on 25 February 2010.

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    A hold-for-7-months subsale?


    The Wharf Residence
    Address ........................... psf .............. Area .......... Price ............ Contract Date
    7 Tong Watt Road #14-02 .... $1,449 psf .... 1,033 sqft .... $1,497,000 .... 15 Jan 10
    7 Tong Watt Road #14-02 .... $1,316 psf .... 1,033 sqft .... $1,359,000 .... 10 Jun 09

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    Quote Originally Posted by Reporter
    A hold-for-7-months subsale?


    The Wharf Residence
    Address ........................... psf .............. Area .......... Price ............ Contract Date
    7 Tong Watt Road #14-02 .... $1,449 psf .... 1,033 sqft .... $1,497,000 .... 15 Jan 10
    7 Tong Watt Road #14-02 .... $1,316 psf .... 1,033 sqft .... $1,359,000 .... 10 Jun 09
    lucky chap ... delay a bit more kana charge stamp duty again

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    Quote Originally Posted by proud owner, 23 February 2010 6.21 am
    lucky chap ... delay a bit more kana charge stamp duty again
    You mean "luckily the buyer bought early otherwise he will "kana" SSD when he sell"?

    The seller obviously won't have to pay any SSD regardless of his date of sale.

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    A 2 bedroom just sold at 2450 psf. I think the buyer didn't do enough researches. There are many units at 1400 to 1500 psf. Hahaha.




    Quote Originally Posted by River Valley
    You must be a seller that wanted to sell your condo for $2.5kpsf. Dream on.

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    I think stupidity also got limit right? $2.4k psf is totally crazy, if its really true I cant think of any reason why someone will pay at that price even if he got too much $$$ to spare

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    Quote Originally Posted by Squall8888, 5 March 2010 3.50 pm
    A 2 bedroom just sold at 2450 psf. I think the buyer didn't do enough researches. There are many units at 1400 to 1500 psf. Hahaha.
    The Wharf Residence has a nëw hïgh at $2,450 psf?
    No biggie!
    Everyone else is also breaking nëw hïgh these days.

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    Ai yo with 2450psf can get Rivergate or ResMartin Place Residences good units still got excess leh. Spoilt market somemore at wrong project

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    ai yo.... with 2450psf can get Rivergate or Martin Place Residences good units still got excess leh. Spoilt market somemore at wrong project

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    Quote Originally Posted by Squall8888
    A 2 bedroom just sold at 2450 psf. I think the buyer didn't do enough researches. There are many units at 1400 to 1500 psf. Hahaha.
    Hi...but sorry...where you got this information..I don't think can be true..?

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    Quote Originally Posted by yunjc
    ai yo.... with 2450psf can get Rivergate or Martin Place Residences good units still got excess leh. Spoilt market somemore at wrong project
    1-year-old Rivergate at $1,911 psf?
    Err ... but it's for big unit leh. 2-bedder for more than $2,500 psf?
    Quote Originally Posted by Reporter, Rivergate, 5 March 2010, 6.44 pm
    Hey! $1,909 psf is also so yesterday. It's now $1,911 psf.


    Rivergate
    Address............................ psf............... Area.......... Price............ Contract Date
    93 Robertson Quay #34-01.... $1,911 psf.... 1,798 sqft.... $3,436,000.... 17 Feb 10
    Martin Place Residences 2-bedder at $1,800 psf?
    Err ... but that's more than 3 months ago. Now the same 2-bedder for more than $2,500 psf?
    Quote Originally Posted by Reporter, Martin Place Residences, 29 January 2010 9.39 pm
    Hey!
    Next time, pass this kindda only-need-to-hold-6-months lobang to me please!
    $1,800 psf?
    What a lucky guy from Martin Place Residences!


    Martin Place Residences
    Address ..................... psf .............. Area ........... Price ............ Contract Date
    2 Martin Place #29-06 .... $1,800 psf .... 1,044 sqft .... $1,879,000 ...... 2 Dec 09
    2 Martin Place #29-06 .... $1,582 psf .... 1,044 sqft .... $1,652,000 .... 25 May 09

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    Quote Originally Posted by Reporter
    1-year-old Rivergate at $1,911 psf?
    Err ... but it's for big unit leh. 2-bedder for more than $2,500 psf?


    Martin Place Residences 2-bedder at $1,800 psf?
    Err ... but that's more than 3 months ago. Now the same 2-bedder for more than $2,500 psf?
    Really appreciate your reports, Reporter! That info helps me alot. Thanks!

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    Rule 1: When it is cheap, it is cheap for a reason.

    A stock price reflects the health of the company. Buying stock is not like shopping, you don't go for bargains. You go for healthy company.

    Rule 2: Do not be afraid to take losses.

    It is better to stop and take some losses rather than wait for a tumbling stock to recover. Usually, a dropping stock will drop further!

    Rule 3: Never fall in love with any investment or stock.

    You don't fall in love with something inanimate.

    Rule 4: Use your head, not your heart.

    If when you buy a stock, it drops. And when you sell, it risies. Then you have been trading with your heart and not your brain. Read those financial statements again, don't be lazy!

    Rule 5: Don't average down !

    To average down is to walk into a trap. It is wiser to average up.

    Rule 6: Let the gains run, but stop the losses.

    When you are winning on a trade, let it runs until your profit objective is achieved. But when you are on a losing trade, better take some monies off the table.

    Rule 7: If you can't sleep over a pick, most probably it is a bad pick.

    You have overlooked something. Your instinct is sending some signals to your brain. Review your stock pick.

    Rule 8: Don't show hand ! ( Meaning: dump all you have into a single investment )

    Because you will be at the mercy of one investment. If this fails, it is game over for you. However, if you keep some bullets, you can shoot like Rambo later again .

    Rule 9: Listen only to analysts that have a single-sided opinion. Shun those who give you 2-sided advice.

    Analyst who cannot give you a straight forward one sided view usually don't know what they are talking about or are just plain cowards . In investment, you always seek opinions which are presented one sided .You decide on the opinions later whether they are right or wrong on your own. They are the presenters, you are the decision maker. So, it is hardly useful when an analyst tells you “ The economy may recover in the next quarter, but it may not also due to...etc etc.” Come on, ANALYSTS ARE NOT POLITICIANS, YOU DON'T NEED A DIPLOMATIC ANALYST! An inconclusive analysis will only cripple and confuse your mind.

    Rule 10: Discipline Vs Setting Targets.

    Normally, in trading stocks, a human will not execute his orders even when the price targets are met many times. He will just watch them as his profits disappear or his losses escalate as if enjoying it. In trading, setting targets is very important and you have to be discipline enough to execute your orders when your targets are reached. It is important to be discipline in this because for a private trader, your are actually trading against a market of automated trading systems. Basically, the rule is to set a profit objective and a stop loss target. When your stock reaches the profit objective, execute it. And when it reaches your loss target, execute it. Be as emotionless as possible when you execute the trades. In reality, easier said than done but can be done!

    Rule 11: Pick a winner, not a loser.

    Rule 12: Your Due Diligence.

    More to come.....



    Disclaimers: Use the information on this page with discretion and due diligence. The investment principles presented here are very contrarian and based purely on personal trading experience. I am trained in business administration, I DO NOT have a finance,economic or stock trading degree. What works for me, may not work for you. I shall not be responsible for any loss or anything you do with any information on this site.

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