if buy now with 4yrs SSD at least 2yrs later IF ur property does get a 20% appreciation, it is at least better than pay 20% more when buying at a later time
if buy now with 4yrs SSD at least 2yrs later IF ur property does get a 20% appreciation, it is at least better than pay 20% more when buying at a later time
Very Good point, I have totally forgotten about that!Originally Posted by devilplate
That is why ONLY SELECT Properties with SHORT RENTAL LAG TIME. My humble view is that the Rental demand in that particular project must be strong enough to make you hold steadily onto the property within the 4 years locked in period.
How so? Some properties located in supposedly good location has no rental demand for dunno what reasons ( fengshui maybe ? ) your humble brother here also got no clue.
A way to know this is to observe the lag time or how fast a vacant unit is taken up within a project. I am sure you got relatives who are agents. They know the best and can tell you.
That is why, be steady la....
4yrs very far ahead.... If u sense smthing is wrong (smell blood), u cant cash out to protect ur profit....Originally Posted by dtrax
However, if u oredi hf a few ppty..... Can consider new launches.... If smell blood, sell other existing ppty n keep the BUC ppty as future stock....
but new launches are priced 20% higher than properties already built. So, either way, there is high risk in buying more.Originally Posted by devilplate
There is no right or wrong.. as long as you dun over commit if you intend to buy now (in case u cant cash out in future). As for buying properties, I'm sure many of u gurus know far better which are the better buys.. no one is forcing you with a gun to buy the current overprices newly launched mass market projects which imo is crazy at this time.
Well it is logical to say that but assume you are right, shouldnt the resale vol be higher since expats need to purchase a TOPed unit instead of renting? On the other hand sellers are not selling also due to low interest rates and gd economy. Or r u saying the most FT bot direct from developers instead? If so that means they need to handle rental+new purchase loans which is heftier. Figures show that most new launch are still bought by locals/pr albeit the multiple CMs. Herd mentality or not I am not sure, but the so-called old money will definitely return when we prices of the real CCR condos with huge quantum ssoars coupled with increasing transaction vol.Originally Posted by blackjack21trader
I did not see a huge or sudden increase in expat buying into new projects . But my sources did see an increase in the number of foreign talents ( Not the usual Indonesian or Malaysians) shopping for properties in the resale market. Whether there is actual transaction, we will all know in a few months' time.Originally Posted by dtrax
Do not forget, China is facing inflationary problems. She will definately curb her domestic property markets. This is because a big proportion of the population is the most feared middle class. But curbing domestic property markets is equivalent to tell the investing savy young middle class to go elsewhere to park their cash.
For India, the younger educated expats overseas are always the smarter investors than their local businessman. Unless you are talking about Indian businessman like Ratan Tata who are the few exception. No offence intended, just my humble opinion only.
You brought up a very good point which deserves further investigation ! I shall gather the relevant data on and then meditate on it. You have actually pointed into the correct direction to dwell on this question. Hopefully, I can give you a good answer and contribute here after the election.
i find your post very interesting. Hope u can share more. ThanksOriginally Posted by blackjack21trader
Retirees with $ can invest in Prudential M class when it goes below one dollar. Monthly returns is 4 cents per unit and this is equivalent to 5% pa. Better than putting money into annuity. Alternatively, you have more $ can invest in Capitaland bonds. The price was $94 when tsunami hits japan. Now has already gone up. One has to buy in block of $250,000.Originally Posted by DaytonaSS
thanks for your kind sharing. Congrats on your 2009 bet btw, saw your sharing on other thread. High Risk period = High Return.Originally Posted by DC33_2008
Now you believe my grassroots has faster information than the mass media?Originally Posted by blackjack21trader
Haha.... So is your grassroots afraid of KBW? Will he anyhow slam brakes on the market? The jurong east GLS winning bid quite scary....
dear blackjack,
which of robertson quay condos are you looking?
dun need to wait for the data liao. confirmed Chinese buyers are in the making..Originally Posted by blackjack21trader
Originally Posted by blackjack21trader
KA NI GONG, NI MAI TIA. TIO LIAO BO ?
Pssssssssssssssssssssst...so u wanna know where is the next in-location? hehehehehhehehehehhehehehehhehehe
HINT: Near J.C. hehehehheheheheh
repeat again in case u forgotten hor..hehehehehOriginally Posted by blackjack21trader
remember every single word I said hor..hehehehheheOriginally Posted by blackjack21trader
wah, BJ21, u have been absent for so long. nobody remember you anymore le.
how is your greece trip?
brother hopeful ! So happy to see u again. Actually I was back earlier la, I was busy in ChannelNewsAsia Forum lor. hehehehehhehehehehOriginally Posted by hopeful
yo bro blackjack, wat is JC? give more hints...Originally Posted by blackjack21trader
let's have some fun first, i invite brothers & sisters here to make a guess. heheheheehehheOriginally Posted by Allthepies
JC = JC Draycott?
let me guess a non prime location, J Cube
Originally Posted by hopeful
Joo Chiat.... lol trying for the most out answer
YES! Brother carbuncle is so right! well, maybe not in Joo Chiat BUT NEAR THERE . heheheheheheh.. Well, the skeptics might say I talk cork again but here's my rationale:Originally Posted by carbuncle
The next ERL MRT line should pass through Marine Parade, no ? Then is it not logical to assume that because Joo Chiat is so rich in heritage, that one of the transport link exit should be located near there ? hehehehehehe As to where......I will tell you once my third eye made a scan on the district la.
hehehhehehehehehehehhehe
bro bj21t, 3 guesses liao, anyone of us hit?
Yes bro, read above Aim near there, but not within the Joo Chiat noisy area hor !Originally Posted by bargain hunter