All prophets come in to share what you see in 2020!
All prophets come in to share what you see in 2020!
can dont see so far or not, eye very tiring.....
See far, can relax eyes.Originally Posted by DaytonaSS
Vision 2020 (wawasan 2020).
Resting on the following assumptions:
1. The world's economy has recovered by 2012
2. Oil price increased to US$200 per barrel
3. Singapore's population increased to 6 million
4. Further announcements of new MRT lines
5. Government has successfully created more business districts in OCR
Prophecies for pte condos:
1. All new launches will be compact type
2. FH/999LH OCR or 99LH OCR condos near MRT stations generally will be launched at least $1800 psf
3. >50% buyers of new launches will be foreigners or PRs
4. Many OCR condos will cost more than CCR/RCR condos
Please feel free to add or discuss
More foreigners convert to Singapore citizen.
Prices of landed esp 999y and FH will increase exponentially.
Since we have new air con garden, who knows, the whole island may be airconed by then?
HDB 1mil is normal
ulu 99yr private 1000psf is minimum
ERP everywhere
Bak chor mee and chicken rice in hawker centre smallest size $6
Taxi boarding charge $6
GST 10%
...and everybody tied down with 50yrs loan and have to work like a dog till old age.
BASICally in 2020:
China shadow-banking debt impodes, severe slowdown;
Heightened political tensions as US, China and EU fight for share of the emerging market --> uncertainties of a war breaking out;
natural disasters due to global warming, tsunami wiping out coastal cities;
New strain of H2N2 causing fatalities round the globe...
Hence,
Depression, deflation, all the house values reduces >80%, all you left with is a title deed that nobody even wants....who would want to buy ILLIQUID property then?
Daily floating bodies in Bedok Reservoir if that happens....
Use telescope la....heheOriginally Posted by DaytonaSS
Due to global warming, all reservoirs dries up by 2020Originally Posted by azeoprop
everything end in 2012...
Wonder wat will be my post count by 2020?
i must say this thread will be a challenge
we need crystal balls and ppl must have balls to forecast. although no one will pu tui that person for errors, only haul curses and swears if bearish and good brudder if bullish on views.
why? we cannot even firm up views for next 1-2 years....don't talk about a 9-year horizon. too far out...
6-9 mths, 9-12 mths probably possible
stack these timelines against reports due...like employment rate, US debt payment dates, which gahmen has chunky loans due and when....central banks meetings, elections dates, economic data announcement dates...
negative outcome down market point -1, positive news up market point +1
a balanced view like analyst but in a simpler approach
Huh, why will OCR condos cost more than CCR/RCR leh?Originally Posted by hyenergix
U mean in future people prefer to stay in OCR than CCR?
WW III will have just been over in Year 2020. If you take a look at Spain where 45% youngsters are unemployed now, fighting a war might be a decent job!
Singapore will have amazingly benefited due to its neutral stand. Big giants all turn to Singapore to ask for judgement. Just look at Swissland, you will know that giants will loss more by attacking Singapore. There are 100+ countries' interests here. So it's best to leave Singapore untouched.
Singapore is too small to fail!
Thanks,
Richard
PS. Buy property when everyone agrees with BASIC.
Richwang, I like your prediction, not the WWIII part though.Originally Posted by richwang
That means the world will have BASIC understanding to leave Singapore untouched!
can explain further? Y lose more by atk sg?Originally Posted by richwang
Wah piang....basic is rite! I dun haf basic common sense arrrrr....Originally Posted by buttercarp
Y hoping for ww3? Wah liuuuu
World peace!
you ok?... should be whole sgp flooded...Originally Posted by devilplate
2020 leh....Originally Posted by ikan bilis
Time will tell...lol
Long overdue mega earthquake in Sumatra causing a giant tsunami to submerge Singapore.
2020 Singapore cease to exist.
Nice... Wat a list.Originally Posted by hyenergix
@.@ huat huatOriginally Posted by devilplate
Personal transportation will be very expensive but public transport will be continued to be overwhelmed. Residency will radiate outward from commercial and retail center, that are being de-centralised from CCR.Originally Posted by Jonathan0503
When you are climbing up a hill new to you, it is hard to predict where and when you will encounter dips, flat or steep slope in very short timeframe. But generally the trend is upwards if you stretch the timeframe slightly.Originally Posted by dmonddd
the uptrend is without a doubt over the years. applies to most countries in asia. inflation, higher salaries.
one smarty pants/skirt already pasted that many times thinking, all are dumbos
the thread is asking abt singapore landscape in 2020.
trying to point out that such thread raised will give hypothetical answers
for the fun and passing time, great thread
the winners in properties market are those who can predict and jump into the market when there are blips....short downtime and out when cycle picks uptrend. so you may have some with different agenda. in stock market you hear market rumors of share price of company A to hit above $10, guy leaking the info may be offloading the stocks himself. You can read from forums that some are of such behavior. sadly these guys have the guts not to be truthful because this is cyberworld
like stock market, when prices spiral down, some will do average price buy, some will wait for bottom to show. but most will not dare to enter as regret if bought at 20% above bottom price....same for selling...aiya missed selling at peak. common to hear - sold and prices went up another30%. Missed the boat when down or up
read the market happenings and looking at the crowd actions - may provide better insights than analysts.
retails shops - do you see them closing more as compared to last year?
SG $ appreciation impact on them....their margins - did they pass the benefits to you like restaurant owners since cheaper to import. prices remain same in restaurant?
Originally Posted by hyenergix
Retail shops will continue to evolve. The popularity of Internet shops by 2020 means much keener competitions for those that just import goods and sell. I have more confidence in F&B outlets or those that provide services like hair-cuts or medical treatments, since they are hard to be replaced by Internet shops and big chain stores like NTUC.Originally Posted by dmonddd
I hope to read oracles here!
no no no when i meant retail shops, do you see a lot of them closed shops and more retail spaces vacant/up for rent? esp in older shopping complexes
some will do data dump to counter above.
but if you speak to some retailers you will hear that it is challenging to sustain business.
F&B retail is always the driver in retail industry but because of singaporeans lifestyle. but do you see chains of restaurants expanding or consolidating their operations?
btw i am not a retailer otherwise i will be having more than 1 bullet
Originally Posted by hyenergix
As above in red text...Originally Posted by dmonddd
MRT will reach JB by 2018 (I guess I have 90% chance to get this right). So here is my feel:
JCR - up up (Peter Lim is investing there)
ICR - up (Temasek is investing there)
OCR - down (in particular north, cannot compete with JCR)
RCR - stable (this is the core Singapore)
CCR - up up (this is kind of offshore Singapore, world class riches will just buy their 2nd, 3rd or nth home there - for their nth girlfriend/boyfriend/children.)
Thanks,
Richard
PS. JCR means the old JB area, ICR means Iskandar area.