Originally Posted by Buyer
What are you buying?
Just a 2 bedroom.
Originally Posted by Buyer
What are you buying?
Just a 2 bedroom.
Originally Posted by Investor.
2 bedroom is fine.
I dunno yet.
Most probably 2bedder too.
Maybe 3bedder?
Originally Posted by Buyer
Which facing?
Which level?
At what psf?
Hope you won't lose your shirtOriginally Posted by Buyer
Goood luck!
Thank you.Originally Posted by Unregistered
I won't.
I think you make a biggest mistake in your lifeOriginally Posted by Buyer
Originally Posted by Unregistered
I think you too.
In URA's press release today:
"...The increase in private housing prices in recent quarters is in line with greater economic growth and rising confidence. Private housing prices are now increasing at a faster pace because of good economic prospects going forward and the increasing attractiveness of Singapore as a global city."
Originally Posted by Unregistered
Like that ah ..... let's go and buy The Rochester man!
When are they launching?
Why are so so panic in spreading the good news in all the threads?Originally Posted by Unregistered
I hope you are not one of those who lost the shirt in 1996 and trying to recoup your losses by going all out this time.
Stay calm, if you are lucky, you may make it big this time
i guess many forumers here are actually on the seller side, such as flippers of OneNorthRes. they just pump up enthusiasm here and cook up sentiment for buying, with the hope to cash in their speculations sooner. hdb rose nearly 3% this quarter, the largest among 11 yrs. the craze has spread to the mass market. I think some cool-down measures will soon be announced. the speculators deserve getting burnt again.
Originally Posted by Unregistered
You mean the government is going to burn the country economy and speculators?
Originally Posted by Unregistered
Yes, I love it.
Get the government to introduce 1997 measures and burn the country economy.
Make stupid idiots like you go jobless and work as beggars and maids.
Yes, please do it!
Ha ha ha!
Originally Posted by Unregistered
Perhaps he is recouping. Nevertheless, it is good for him too.
For people like me who missed the 1990-6 actions and only started investing in 2006, it is definitely good news.
Up up up!
By the way, are most or all of the anti-speculation measures still in place? What else will the government do? I can see they will release more land. But other than that, what should a government do to stop citizens of a land-scarce country from buying properties?
you meant you flippers can hijack the state economy? it's only you & the speculating activities getting burnt like that in 1997. ha ha, you will get jobless then, since your job is here to fool people buying in your speculations. we're doing well in 1997 by the way. all current owners meant to invest long term or live in will be fine as they have the holding power. but i surely won't take you as my maid.Originally Posted by 1997
It is not too late to introduce measures to cool the speculative activity and number of local folks affected is rather limited. The recent frenzy is rather limited in terms of exposure in comparing to the 1993-1996 boom. First, the frenzy has just started not long ago. Second, many still has fresh memmory of their experiences in the mid-90s. Third, many who ent in the mid-90s, be it be private condos, landed properties or even HDB, are still under the water and as such they don't have the means to speculate the way folks in the 90 did.Originally Posted by 1997
such as banning or collecting heavy duty for subsale transactions within xx years of initial purchase etc. look at the previous OneNorthRes, there're pages of ad in a single condo web (http://www.singaporeexpats.com/housi...5-sESTATE.htm). i guess they're those who jump up at this forum using offensive words...Originally Posted by Unregistered
I don't think that is possible, because it is hard to define subsales, or distinguish it from normal sales. Some subsales may be justified by certain circumstances. Do the government have to peruse the circumstances of each subsale to decide to permit or not?Originally Posted by Unregistered
Profit from subsales is already subject to income tax, by the way. It is not like
the government condones or encourage subsales by not taxing the profit.
Look at China, the government tries to talk the stock market down. It is working? No! I am not saying that Sin government will do nothing. I am saying it is a balancing act. They don't want to market to soar, but neither do they want it to crash either.
So, don't be too sure that there will be more anti-speculation measures coming. They may not be more.
Great idea,Originally Posted by Unregistered
this is one way to ensure gradual appreciation of property prices in tandem of the growing economy and population. Speculators driven frenzy resulted in dramatic appreciation of property prices would eventually damage the health growth of our economy and there is no question that policy makers know this well.
Originally Posted by Unregistered
Put it simply.
A crash will burn everybody.
Name me a crash that the economy is not effected?
And yes, it's a balancing act.
The act to "cool" but "not to crash".
Originally Posted by Unregistered
Stupid idiot!
1997 crash, economy is also affected lah, stupid!
You got a million in the bank, then you come talk to me.
Otherwise, stay clear!
Stupid idiot! Know nothing but open useless big mouth.
Originally Posted by Unregistered
Go eat shit lah!
If you hate speculators, go kill them.
Don't drag us innocent home owners into it.
If my house value go down due to a crash, you will get shit in your face!
For those expecting an immediate announcement of anti-speculation measures, please visit the showflats of Botannia. I was there last weekend, and there was hardly any potential buyers there. There were more agents than potential buyers.
Most of the frenzy is limited to the central area. Duchess Residences sold out in one day.
But how do you cool activity in one part of the city only? You can't.
Are you so scaring? so you can only shout a few offensive words? You'd better go lost!Originally Posted by 1997
Originally Posted by Unregistered
I get lost so that you can stay here?
In your dream, stupid idiot!
You can't collect income tax from thieves. You need to ban / punish them. Here some anti-speculation measures are needed to directly rule out flippers. The state economy will be more healthy and sustainable only if getting rid of the short-term speculators, whether locals or foreigners.Originally Posted by Unregistered
Sad to see name callings and so forth in this forum. Anyhow, Singapore is a free market and let it be so..... control and stuff do not sit well with international institution which in term will lead to other negative consequences. Right to say that speculation may damage the country economy but do you really want to have a close economy? Singapore is small without natural resources. All we have are brains and hardworking people. Will not survive by ourselves if we adopt closed economy.
There are sure people who disagrees with this view but just think about it....
the answer is to rule out the flippers. botannia is quiet cos less or no flippers. OneNorthRes or DuchessRes were sold out like hotcakes also cos the flippers' gettting in. be it long-term investment or living in, the normal buyers are more rational. the current sharp uptrend is not purely of demand vs supply, it's due to frenzy speculative activities.Originally Posted by Unregistered