YES - Not enough CPF Minimum Sum...sigh.
YES - Need to get higher loan for Condo. Not worth it.
NO - I can get good rental yield. Shiok man.
NO - Other reason.
It is interesting that everyone seems to think this way during this period. This will allow genuine buyers to bargain hunt from these panic sellers. At the end of the day, those with holding power will survive and thrive. So if u got $$, be prepared to scoop.Originally Posted by Unregistered
These ppl who are relentlessly posting lower psf (ignorantly) are actually doing genuine buyers a big big favour.
Thanks for this low quote tha u r declaring....u r really helping potential buyers.
European Stock-Index Futures Retreat; BNP, UBS May Decline
By Adria Cimino
March 31 (Bloomberg) -- European stock-index futures fell, following U.S. and Asian markets lower, as concern deepened that losses in the credit markets will hurt economic and profit growth.
BNP Paribas and Fortis may decline after their U.S.-traded securities dropped. UBS AG will probably slip as Merrill Lynch & Co. said the region's biggest bank by assets may have more writedowns. Vodafone Group Plc might drop after Morgan Stanley downgraded the stock. Goldman, Sachs & Co. advised investors to sell shares of British Airways Plc.
Futures on the Dow Jones Euro Stoxx 50 Index, a benchmark for the euro region, fell 23, or 0.7 percent, to 3,539 at 7:05 a.m. in London. The U.K.'s FTSE 100 Index may decrease 21, according to Cantor Index, a betting firm.
``The markets seem incapable of shaking off concerns about U.S. investment banks and the depth of this current U.S. recession,'' Oliver Stevens, head of dealing at IG Markets in Melbourne, wrote in a note to clients.
U.S. stocks on March 28 extended the worst quarterly slump since 2002. Asia's benchmark today had its biggest drop in two weeks.
Europe's Stoxx 600 has fallen 16 percent this quarter, headed for its worst quarter since at least 1987, on concern credit-market losses will erode earnings. The financial industry worldwide has already reported $208 billion in losses related to the collapse of the U.S. subprime mortgage market, according to Bloomberg data.
Analysts have slashed profit-growth estimates for Stoxx 600 companies. Earnings will rise only 1.9 percent on average this year, down from 11 percent predicted at the end of 2007, Bloomberg data show.
BNP, UBS
American depositary receipts of BNP, France's biggest bank, ended 1.3 percent below the close in Paris last week. ADRs of Fortis, Belgium's largest financial-services company, also finished 1.3 percent lower.
UBS may have a further $11 billion in writedowns in the first quarter and report a 2008 loss, Merrill said. The brokerage cut its 2009 earnings-per-share forecast by 6 percent.
Separately, UBS may ask shareholders to approve a capital increase of as much as 16 billion Swiss francs ($16.1 billion), the Sonntag newspaper reported, citing people it didn't identify.
Credit Suisse Group, Switzerland's second-biggest bank, may retreat. Merrill reduced its 2008 earnings-per-share forecast by 13 percent and its 2009 forecast by 4 percent.
U.K. banks forecast that credit market turmoil will last at least until the end of the year, twice as long as they predicted three months ago, according to a survey by the Confederation of British Industry.
Lending conditions will worsen in the next six months, leaving banks with ``significantly'' higher borrowing costs, according to the quarterly survey of financial firms.
Vodafone was downgraded to ``underweight'' from ``overweight'' by Morgan Stanley, which lowered its share-price estimate by 21 percent to 170 pence.
British Airways, Europe's third-largest carrier, was cut to ``sell'' from ``buy'' at Goldman Sachs.
Tesco Plc, the biggest supermarket chain in Britain, has put the expansion of its Fresh & Easy stores in the U.S. on hold for three months to allow the business time to ``settle down.''
I have not seen any marketing done by the developer so far
Actually, by what I see. this project might be a sold out project soon. just look at the crowd going to the showflat.
March 30, 2008
PROPERTY
HDB resale market healthy but prices rising at slower pace
Total sale prices likely to be steady or higher while upfront cash demands may continue to slide
By Joyce Teo, Property Correspondent
WHILE quiet may prevail in the private homes market, the resale market for HDB flats offers another picture - one filled with steady activities.
Still, a number of potential HDB resale flat buyers are kept out of the market by the high upfront cash sums that some sellers demand.
These cash sums are on top of the valuation price of a flat and can be paid only in cash.
Last year, when HDB resale prices rose 17.5 per cent in line with the private property boom, many sellers rode on the buying wave and started asking for cash- over-valuation sums ranging from $50,000 to more than $100,000.
For those who are holding off their HDB purchases for a lower price, property agents say cash- over-valuation amounts could continue to slide. But HDB resale flat prices are unlikely to tumble in the foreseeable future, they say.
'The HDB market is still very healthy,' said Mr Chris Koh, director of Dennis Wee Properties.
Resale prices are still rising - albeit at a slower rate than last year - as valuations have generally risen, property agents say.
Even if the cash-over-valuations are slightly lower than late last year, the total resale price will still be steady or higher.
ERA Realty Network's assistant vice-president, Mr Eugene Lim, said his firm expects the first-quarter HDB resale price index to show a marginal rise of 3 per cent or less.
The resale price index increased by 5.7 per cent in the fourth quarter of last year.
Cash-rich en-bloc sellers
'WE ARE still seeing en-bloc sellers downgrading to the bigger HDB flats such as the executive flats,' said Mr Koh.
With their $2 million or so sales proceeds, some en-bloc sellers, especially the retired ones, prefer to buy an HDB flat to live in and a small private property for investment, he said.
Meanwhile, some of the HDB resale flat buyers are downgrading to smaller flats.
As a result, there is more sales activity among three- or five-room flats and executive flats, said Mr Koh.
He said some collective sale sellers are of the view that the private property market will fall some time down the road.
This group would buy an HDB resale flat to live in while they wait for a good time to enter the private property market, he said.
They need to live in their resale flats for only one year before they can sell them, if they are taking a bank loan for the purchase.
Those who take an HDB loan for a resale flat purchase have to live in it for 21/2 years before they can sell it.
While this group may not be big, they do help to prop up the HDB market to a certain extent.
Lower upfront demands
THE Government has increased the supply of HDB flats as its stock depletes, and has assured the public that it will boost supply when needed.
As buyers now have more choices, some agents are taking double the time to sell resale flats, compared with around one month on average late last year, said Mr Eric Cheng, executive director of HSR Property Group.
Because of the weak sentiment in the private homes market this year, HDB flat sellers have also become more realistic in asking for lower sums of cash, property agents say.
Today, sellers in prime areas like Holland and Tiong Bahru may ask for $35,000 to $60,000 cash, compared with maybe $80,000 to $100,000 last year, said Mr Cheng.
Mr Koh said cash-poor buyers need not consider only far-out areas like Marsiling. They can also look at towns such as Yishun, Tampines, or Pasir Ris, where sellers are now asking for less cash.
The HDB recently said its records for last month showed that about a quarter of the resale flats were transacted at prices not exceeding $10,000 above market valuation. These included those in more established towns such as Ang Mo Kio, Bedok, Tampines and Yishun.
Such cash-over-valuation levels of below $10,000 for flats in established towns are attractive in today's market, said Mr Cheng.
Those who do not have an urgent need for a place to live in can wait a little longer to see if they can buy a resale flat with a smaller cash sum, say some property agents. But do not expect the valuation price to fall just yet.
[email protected]
March 31, 2008
Bush readying plan to rescue home owners
Proposal encourages lenders to forgive part of debt and refinance mortgages
WASHINGTON - THE Bush administration is finalising a plan to rescue thousands of home owners facing foreclosure by helping them refinance into more affordable loans, the Washington Post said.
The proposal is aimed at assisting borrowers who owe their banks more than their homes are worth because of declining home prices, the newspaper reported in its Saturday edition, citing unnamed government officials.
If enacted, it would mark the first time the White House is committing federal dollars to help the most hard-pressed borrowers.
President George W. Bush said on Saturday that the government would expand efforts to help home owners avoid foreclosure.
The White House is 'committed to building on' its programme to help borrowers refinance mortgages, he said in a weekly radio address.
Officials are weighing measures to 'provide some additional help to some home owners', White House spokesman Tony Fratto said.
Under the plan, the Federal Housing Administration (FHA) would encourage lenders to forgive a portion of these loans and issue new, smaller loans in exchange for the backing of the US government, the Post said.
Two leading Democratic lawmakers have proposed a similar programme to expand the FHA, so that it absorbs more failing mortgages once lenders have erased some of the loan amount.
Senate Banking Committee chairman Christopher Dodd and House Financial Services Committee chairman Barney Frank are expected to push their FHA plan when lawmakers return to Washington this week.
Bush administration officials have told the Post that they believe they can accomplish some of the same goals of the legislation through regulatory changes, though important details need to be nailed down.
Administration officials told the Post they opposed some aspects of Mr Frank's legislation, including a provision to spend US$10 billion (S$13.8 billion) buying vacant foreclosed homes.
The plan could dampen criticism from Democrats, who say the administration has so far been more concerned with helping Wall Street than with aiding those losing their homes in the foreclosure crisis that threatens to push the US economy into a deep recession.
But it could agitate conservatives, who might view the programme as another government bailout, the Post said.
The plan is unlikely to be unveiled before Mr Bush returns from a trip to Europe this week, officials told the paper.
REUTERS, BLOOMBERG NEWS
Monday, March 30, 2008
PROPERTY
HDB resale market healthy but prices rising at slower pace
Total sale prices likely to be steady or higher while upfront cash demands may continue to slide
By Joyce Teo, Property Correspondent
WHILE quiet may prevail in the private homes market, the resale market for HDB flats offers another picture - one filled with steady activities.
Still, a number of potential HDB resale flat buyers are kept out of the market by the high upfront cash sums that some sellers demand.
These cash sums are on top of the valuation price of a flat and can be paid only in cash.
Last year, when HDB resale prices rose 17.5 per cent in line with the private property boom, many sellers rode on the buying wave and started asking for cash- over-valuation sums ranging from $50,000 to more than $100,000.
For those who are holding off their HDB purchases for a lower price, property agents say cash- over-valuation amounts could continue to slide. But HDB resale flat prices are unlikely to tumble in the foreseeable future, they say.
'The HDB market is still very healthy,' said Mr Chris Koh, director of Dennis Wee Properties.
Resale prices are still rising - albeit at a slower rate than last year - as valuations have generally risen, property agents say.
Even if the cash-over-valuations are slightly lower than late last year, the total resale price will still be steady or higher.
ERA Realty Network's assistant vice-president, Mr Eugene Lim, said his firm expects the first-quarter HDB resale price index to show a marginal rise of 3 per cent or less.
The resale price index increased by 5.7 per cent in the fourth quarter of last year.
Cash-rich en-bloc sellers
'WE ARE still seeing en-bloc sellers downgrading to the bigger HDB flats such as the executive flats,' said Mr Koh.
With their $2 million or so sales proceeds, some en-bloc sellers, especially the retired ones, prefer to buy an HDB flat to live in and a small private property for investment, he said.
Meanwhile, some of the HDB resale flat buyers are downgrading to smaller flats.
As a result, there is more sales activity among three- or five-room flats and executive flats, said Mr Koh.
He said some collective sale sellers are of the view that the private property market will fall some time down the road.
This group would buy an HDB resale flat to live in while they wait for a good time to enter the private property market, he said.
They need to live in their resale flats for only one year before they can sell them, if they are taking a bank loan for the purchase.
Those who take an HDB loan for a resale flat purchase have to live in it for 21/2 years before they can sell it.
While this group may not be big, they do help to prop up the HDB market to a certain extent.
Lower upfront demands
THE Government has increased the supply of HDB flats as its stock depletes, and has assured the public that it will boost supply when needed.
As buyers now have more choices, some agents are taking double the time to sell resale flats, compared with around one month on average late last year, said Mr Eric Cheng, executive director of HSR Property Group.
Because of the weak sentiment in the private homes market this year, HDB flat sellers have also become more realistic in asking for lower sums of cash, property agents say.
Today, sellers in prime areas like Holland and Tiong Bahru may ask for $35,000 to $60,000 cash, compared with maybe $80,000 to $100,000 last year, said Mr Cheng.
Mr Koh said cash-poor buyers need not consider only far-out areas like Marsiling. They can also look at towns such as Yishun, Tampines, or Pasir Ris, where sellers are now asking for less cash.
The HDB recently said its records for last month showed that about a quarter of the resale flats were transacted at prices not exceeding $10,000 above market valuation. These included those in more established towns such as Ang Mo Kio, Bedok, Tampines and Yishun.
Such cash-over-valuation levels of below $10,000 for flats in established towns are attractive in today's market, said Mr Cheng.
Those who do not have an urgent need for a place to live in can wait a little longer to see if they can buy a resale flat with a smaller cash sum, say some property agents. But do not expect the valuation price to fall just yet.
[email protected]
Monday, March 31, 2008
Bush readying plan to rescue home owners
Proposal encourages lenders to forgive part of debt and refinance mortgages
WASHINGTON - THE Bush administration is finalising a plan to rescue thousands of home owners facing foreclosure by helping them refinance into more affordable loans, the Washington Post said.
The proposal is aimed at assisting borrowers who owe their banks more than their homes are worth because of declining home prices, the newspaper reported in its Saturday edition, citing unnamed government officials.
If enacted, it would mark the first time the White House is committing federal dollars to help the most hard-pressed borrowers.
President George W. Bush said on Saturday that the government would expand efforts to help home owners avoid foreclosure.
The White House is 'committed to building on' its programme to help borrowers refinance mortgages, he said in a weekly radio address.
Officials are weighing measures to 'provide some additional help to some home owners', White House spokesman Tony Fratto said.
Under the plan, the Federal Housing Administration (FHA) would encourage lenders to forgive a portion of these loans and issue new, smaller loans in exchange for the backing of the US government, the Post said.
Two leading Democratic lawmakers have proposed a similar programme to expand the FHA, so that it absorbs more failing mortgages once lenders have erased some of the loan amount.
Senate Banking Committee chairman Christopher Dodd and House Financial Services Committee chairman Barney Frank are expected to push their FHA plan when lawmakers return to Washington this week.
Bush administration officials have told the Post that they believe they can accomplish some of the same goals of the legislation through regulatory changes, though important details need to be nailed down.
Administration officials told the Post they opposed some aspects of Mr Frank's legislation, including a provision to spend US$10 billion (S$13.8 billion) buying vacant foreclosed homes.
The plan could dampen criticism from Democrats, who say the administration has so far been more concerned with helping Wall Street than with aiding those losing their homes in the foreclosure crisis that threatens to push the US economy into a deep recession.
But it could agitate conservatives, who might view the programme as another government bailout, the Post said.
The plan is unlikely to be unveiled before Mr Bush returns from a trip to Europe this week, officials told the paper.
REUTERS, BLOOMBERG NEWS
March 30, 2008
PROPERTY
HDB resale market healthy but prices rising at slower pace
Total sale prices likely to be steady or higher while upfront cash demands may continue to slide
By Joyce Teo, Property Correspondent
WHILE quiet may prevail in the private homes market, the resale market for HDB flats offers another picture - one filled with steady activities.
Still, a number of potential HDB resale flat buyers are kept out of the market by the high upfront cash sums that some sellers demand.
These cash sums are on top of the valuation price of a flat and can be paid only in cash.
Last year, when HDB resale prices rose 17.5 per cent in line with the private property boom, many sellers rode on the buying wave and started asking for cash- over-valuation sums ranging from $50,000 to more than $100,000.
For those who are holding off their HDB purchases for a lower price, property agents say cash- over-valuation amounts could continue to slide. But HDB resale flat prices are unlikely to tumble in the foreseeable future, they say.
'The HDB market is still very healthy,' said Mr Chris Koh, director of Dennis Wee Properties.
Resale prices are still rising - albeit at a slower rate than last year - as valuations have generally risen, property agents say.
Even if the cash-over-valuations are slightly lower than late last year, the total resale price will still be steady or higher.
ERA Realty Network's assistant vice-president, Mr Eugene Lim, said his firm expects the first-quarter HDB resale price index to show a marginal rise of 3 per cent or less.
The resale price index increased by 5.7 per cent in the fourth quarter of last year.
Cash-rich en-bloc sellers
'WE ARE still seeing en-bloc sellers downgrading to the bigger HDB flats such as the executive flats,' said Mr Koh.
With their $2 million or so sales proceeds, some en-bloc sellers, especially the retired ones, prefer to buy an HDB flat to live in and a small private property for investment, he said.
Meanwhile, some of the HDB resale flat buyers are downgrading to smaller flats.
As a result, there is more sales activity among three- or five-room flats and executive flats, said Mr Koh.
He said some collective sale sellers are of the view that the private property market will fall some time down the road.
This group would buy an HDB resale flat to live in while they wait for a good time to enter the private property market, he said.
They need to live in their resale flats for only one year before they can sell them, if they are taking a bank loan for the purchase.
Those who take an HDB loan for a resale flat purchase have to live in it for 21/2 years before they can sell it.
While this group may not be big, they do help to prop up the HDB market to a certain extent.
Lower upfront demands
THE Government has increased the supply of HDB flats as its stock depletes, and has assured the public that it will boost supply when needed.
As buyers now have more choices, some agents are taking double the time to sell resale flats, compared with around one month on average late last year, said Mr Eric Cheng, executive director of HSR Property Group.
Because of the weak sentiment in the private homes market this year, HDB flat sellers have also become more realistic in asking for lower sums of cash, property agents say.
Today, sellers in prime areas like Holland and Tiong Bahru may ask for $35,000 to $60,000 cash, compared with maybe $80,000 to $100,000 last year, said Mr Cheng.
Mr Koh said cash-poor buyers need not consider only far-out areas like Marsiling. They can also look at towns such as Yishun, Tampines, or Pasir Ris, where sellers are now asking for less cash.
The HDB recently said its records for last month showed that about a quarter of the resale flats were transacted at prices not exceeding $10,000 above market valuation. These included those in more established towns such as Ang Mo Kio, Bedok, Tampines and Yishun.
Such cash-over-valuation levels of below $10,000 for flats in established towns are attractive in today's market, said Mr Cheng.
Those who do not have an urgent need for a place to live in can wait a little longer to see if they can buy a resale flat with a smaller cash sum, say some property agents. But do not expect the valuation price to fall just yet.
March 31, 2008
Bush readying plan to rescue home owners
Proposal encourages lenders to forgive part of debt and refinance mortgages
WASHINGTON - THE Bush administration is finalising a plan to rescue thousands of home owners facing foreclosure by helping them refinance into more affordable loans, the Washington Post said.
The proposal is aimed at assisting borrowers who owe their banks more than their homes are worth because of declining home prices, the newspaper reported in its Saturday edition, citing unnamed government officials.
If enacted, it would mark the first time the White House is committing federal dollars to help the most hard-pressed borrowers.
President George W. Bush said on Saturday that the government would expand efforts to help home owners avoid foreclosure.
The White House is 'committed to building on' its programme to help borrowers refinance mortgages, he said in a weekly radio address.
Officials are weighing measures to 'provide some additional help to some home owners', White House spokesman Tony Fratto said.
Under the plan, the Federal Housing Administration (FHA) would encourage lenders to forgive a portion of these loans and issue new, smaller loans in exchange for the backing of the US government, the Post said.
Two leading Democratic lawmakers have proposed a similar programme to expand the FHA, so that it absorbs more failing mortgages once lenders have erased some of the loan amount.
Senate Banking Committee chairman Christopher Dodd and House Financial Services Committee chairman Barney Frank are expected to push their FHA plan when lawmakers return to Washington this week.
Bush administration officials have told the Post that they believe they can accomplish some of the same goals of the legislation through regulatory changes, though important details need to be nailed down.
Administration officials told the Post they opposed some aspects of Mr Frank's legislation, including a provision to spend US$10 billion (S$13.8 billion) buying vacant foreclosed homes.
The plan could dampen criticism from Democrats, who say the administration has so far been more concerned with helping Wall Street than with aiding those losing their homes in the foreclosure crisis that threatens to push the US economy into a deep recession.
But it could agitate conservatives, who might view the programme as another government bailout, the Post said.
The plan is unlikely to be unveiled before Mr Bush returns from a trip to Europe this week, officials told the paper.
you 2 idiots, post your news in the general section
administrator, please do something to these news
The quartz is rubbish project, if not why is there is many left over units after so long time of marketing.
I have not seen any marketing done by the developer so far
Actually, by what I see. this project might be a sold out project soon. just look at the crowd going to the showflat. well... I welcome all future neighbours.
Ignoring is the best way to get rid of pests
Please! Ask him to buy those in Orchard? Are you out of your mind?
You can't afford those in Orchard, that's why he is here in the TQ thread.
If you guys can lower TQ price, he will be able to afford a condo.
Here is a good chance for you guys to help him.
They are not thinking it will crash. They are hoping it will crash so that they can buy.
But that stupid MCL, Cheung Kong, etc. don't give them a chance.
Re: The Quartz @ Buangkok (99LH By Guocoland)
If this is a rubbish project, why do you bother to post and read the forum here?
If you aren't keen at all, you wouldn't even be here..
Must be one of those that did not manage to purchase earlier and regret, hence badmouthing about it...
wat's the latest now ??
Latest is that speculators fleeing for their lives.
This developer is smart not to release TQ at one time. They have more than 1 triumph card in their hands, so why should they rush to sell the whole project when they knew they can fetch a higher price now as compared to their earlier launch?
3 minutes to MRT station, full condo amenities, BCA Green mark platinum award winner... what more can we ask for??
If the developer reads this forum, bet they are right now laughing to those idiots who wrote negative remark about this project. If these ppl are so smart, they will b millioniare by now instead of being jealous of us ppl owning a unit in TQ.
So, TQ neighbours, let's not get too bothered by all these remarks n discuss furthur on more constructive topics.
More concern about what will be right in front of blk 63 & interior design. cracking my head now for designs. wow!! v interesting n looking forward....
Sorry to end your happiness, we are not speculators but genuine home buyers. If home prices increase, of course we rejoice; if not, we are just as happy with what we have.
Agree
Your shithole is worth 4.00 psf. Shame to you.
TQ got speculators meh?
Prices are still going up, why should speculators flee?
Your thoughts are quite messed up leh.
Next time think properly before you comment.
HDB and private property prices up in Q1 flash estimates
Channel NewsAsia
Tuesday, 1 April 2008, 1345 hrs
Private residential property prices in Singapore rose 4.2% in the first quarter this year, according to the latest preliminary estimates from the Urban Redevelopment Authority.
The pace was slower than the 6.8% clip recorded in the fourth quarter of last year.
On a quarter on quarter basis, the biggest rise in property prices for non-landed properties came from the central districts just outside the prime postal districts of 9, 10 and 11.
Prices in these central areas (i.e. RCR) increased 7.7% in January to March, compared with the October to December period.
Properties in the prime districts of 9, 10 and 11, as well as the downtown area and Sentosa (i.e. CCR), rose 7.5% on quarter.
And those in the rest of Singapore (i.e. OCR) advanced about 7% in the first quarter from the previous three months.
The preliminary estimates are based on transaction prices given in caveats lodged during the first 10 weeks of the quarter, as well as the number of new units sold.
Meantime, the Housing and Development Board says prices of HDB resale flats rose 3.4% in the January to March period over the previous three months.
This is lower than the 5.7% increase in the fourth quarter.
Both the URA and HDB will release final figures at the end of April.
The URA said in its release, that as at 4th Quarter 2007,there are about 64,900 private residential units in the pipeline, of which about 56,100 new private housing units are expected to be completed between 2008 and 2011.
There are also some 38,300 units that have yet to be put on sale by developers.
As for the supply of government flats, the HDB said it had made available in the first quarter of this year, some 1,100 new flats in two Build-To-Order (BTO) projects in Punggol and Yishun.
It said that depending on demand, there could be another 5,000 new BTO flats in towns such as Punggol, Sengkang, Woodlands and Bukit Panjang.
The total planned BTO supply of 6,100 new flats for January till September 2008 will surpass the annual BTO flat supply in 2007 and 2006.
This new supply of flats will be in addition to those offered under Balloting Exercises for surplus replacement SERS and other flats, as well as the planned release of three Design-and-Build sites in Simei, Toa Payoh and Bedok with some 1,500 flats in the 1st half of 2008.
Before the release of the property prices of the Q1 I was quite worried. Looking at it now, that mean the property market is still very heathly. Buyers are just wait and see and on the other side the sellers have the holding power to hold.
Seem like a waiting game untill the F1 and IR is ready for the next high.
Re: The Quartz @ Buangkok (99LH By Guocoland)
I just found this forum. Very interesting. Does anyone here know what is the plan for the plot of land on the other side of Buangkok Central (ie above the MRT Track I believe)? I was told by an agent that it will be a shopping mall just like Hougang Mall and Compass Point. Anyone has an answer? Thanks very much!
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.
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