Originally Posted by Unregistered
I boughts 2 units during the Director launch leh.
That is 2007 - not 2006.
Don't smoke please!
Originally Posted by Unregistered
I boughts 2 units during the Director launch leh.
That is 2007 - not 2006.
Don't smoke please!
Yes, I know what Director Launch is.Originally Posted by Observer.
Do you think this is what I am talking about.
Work harder and someday you may understand what I am talking about. Director and soft launch or whatever fancy name they come up with, as long there is this word "launch" in it, these sales activities is more or less for the masses and don't fool yourself that you are given any special treatment. You have some way to go.
Originally Posted by UnregisteredOriginally Posted by Adobe PDF
Stop smoking here.
These folks also bought theirs in 2007 - not 2006.
If you did not buy any One-North Residences, just keep you mouth shut and get lost! This is the One-North Residences thread - not your talk-cock thread!
I guess most flippers were buying one north because everyone is telling them one rochester is going to launch at much higher price and one north is sure win "get-rich-quick" proposal. Good luck to you if you are one of those flippers.Originally Posted by Registered
From investment point of view, I just don't see any investment sense to spend over one million for a 2BR even without bath tub in that location. Mark my words: The rental yield is going to be less than 3% (assuming you bought at 1000 psf) at 2010 in that location. It is a stinky investment. Even a high qualty bond will be doing better than this sort of yield anytime anywhere.
Originally Posted by Unregistered
Luckily all the folks know your words cannot be trusted.
He sounds like a pro in investing.Originally Posted by Registered
Don't worry,
If you are not so sure whether you made a right decision, just sell it off ASAP and I am sure you stand a good chance to lose only a few percents
What is few percents of a million anyway
Originally Posted by Unregistered
Stop your nonsense.
Shut up!
You are losing it,Originally Posted by Wee Wei Ling
You must be really worrying?
Originally Posted by Unregistered
Losing? Me never! You ever!
My brother who has just become the bank CEO will help me.
The phrase, "you are losing it" usuallyOriginally Posted by Wee Wei Ling
means "you are losing your cool"
It got nothing to do with money
No offense, just want to help
Originally Posted by Unregistered
Friend, you have a problem with her? Go beat her up or kidnap her lah.
Don't waste our thread here for your personal argument with her.
This thread is meant for discussion on One-North Residences condo.
P.S.: Kidnap her and you will be rich. No need to spend any more time on the forum or doing investment.
Originally Posted by Unregistered
Originally Posted by Sanjeev Sanyal, IPS & DB
Up a little bit only, cry father cry mother.
Market have only just started to move, no need to get so excited.
Cheer up!
Properties in one-north will continue to "recover" or move up from the 10-year depression.
It started from $780psf at pre-pre-launch for VVVIP and had gone up some 20% (to $950psf) in less than a week (even before public launch). I think the flippers are too daring and just too many. One must be a fool to buy now from these flippers. Well, wish the flippers wait long long...
Originally Posted by St.
They are not daring. They learnt their lesson since 2005.
In 2005: "It's foolish to buy at these prices."
In 2006: "It's foolish to buy at these prices."
In 2007: They do not want to say "It's foolish!" again.
Cos if they do, they will be foolish when they look back in 2008, 2009, ....
I can't disagree with you in principle. But the question is that what are 'these prices'. If $780 is that price, is $950 after just several days of soft-launch still that price? The developers raised price everyday so leave little room for future appreciation to the buyers, I question the wisdom of speculating at these prices. The slow or no subsale so far proves it...Originally Posted by Investor.
as long as there are sceptics the market can still go up. when everybody is bullish and thinks this is the new era for singapore property then it is the top. hence judging from some people's reactions to current prices, the market is still bullish.
I just sold my last investment property today. I hope price can go up somemore and glad to see everyone make some including the purchaser of my property today. In fact, if price can go up 20% or more from here in next few months, I don't mind to sell off my last property and rent one instead. I have a feeling that there will be sharp correction ahead and am looking forward to fire sale in property and stocks in the coming daysOriginally Posted by pte banker
Originally Posted by Unregistered
Which district is your sale in?
What is the percentage gain over purchase price?
district 5,Originally Posted by Curious
gain 25%, but the property was purchased in 2003.
Time for this District-5 and one-north-centric project to fly in July.
The Rochester is going to lift One-North Residences to a new high.
fly from the crazy sky-high launch price ($1000 psf)? wait long long...
No need to wait lah.Originally Posted by St.
Just sold mine and made a small profit of $200k.
If wait a bit longer, it will be $300k.
Yes!
If your 200k profit is based on the initial psf of $78x, then it's not news b's the psf had already gone up to around $1000 at the end of soft-launch. We all knew the insiders had gotten a handsome profit, you just cash in. But I think the buyer of your unit (if he flips) will have to wait long long...Originally Posted by Happy Man
Originally Posted by St.
Why so negative?
Keep saying 'high', 'high', 'high' everyday!
Say 'hi' lah.
Still can go up some more.
Just buy and make money mah.
Talking can't make money one.
In URA website, there is a 1,615sqft 4-bedroom done at $1,115psf in May. Which unit is this?
Also, there is a 3,089sqft penthouse done at $1,100psf in June. Which unit is this?
The Straits Times
6 July 2007
The booming property market will drive prices for private housing above the 1996 peak by the middle of next year, according to an HSBC economist.
Senior Asian economist, Robert Prior-Wandesforde, said on Friday, "The real estate market has probably further to run. We may be in some of the earliest stages of a bubble, but there is more for prices to go."
"The private residential market is nowhere near that of mid-1996, so there is still room (for prices) to appreciate further even if we're in the early stages of a bubble."
Mr Prior-Wandesforde believes that property prices will go higher partly because the ratio of home prices to income is only half that of 1996.
Wage growth is also running at multi-year highs and interest rates are low.
He also cited the speculative activity that is boosting prices.
And while prices in strict number terms may pass 1996 levels soon, once factors including wage levels are accounted for, the real catch-up will be some way off.
Originally Posted by The Straits Times
Still have at least 30% more upside.
Good!
The transactions in the last 6-8 weeks have reached 1996 level already in most areas. The numbers from URA are way behind the reality and evryone knows it.Originally Posted by The Straits Times
Originally Posted by Unregistered
District 5 has yet to reach its 1996 level.
One-North Residences
980 sqft
ASKING FOR $1.35 (NEG)
SERIOUS SELLER