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Private Property: Good time now to buy or sell?

Kelfinity

By Kelfinity,
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HP_Lee

HP_Lee

5th Gear
(edited)

The table is about to turn? Know the significance? Under-estimate?

 

1. Trump may not work with us. Means more jobs back to USA. 60 - 70% SMEs depending on MNCs.

2. China took our military vehicles

3. China invested 14billion in JB and planning to build port better the PSA in Malacca .

4. Actually , Singapore have been enjoying the Trans-pacific-partnership benefits for years, even before it happens.

5. One-Belt One China is going to wipe us off the table. Just take a look at our geographical position and you will know what I meant.

6. Philippines president did critical of Singapore before.

 

There maybe tons of durians dropping in the next few years? Talents are here for reason. If we keep seeing Asia-pac US-HQs start pulling back ,supply chains and indirect related industries, there goes jobs. Better not put most eggs is one basket. That's my advice. That go-go days of the buying property is no longer repeat of the history. Unless we see bloodbath in the property market, which is not happening now, at all. Just caution note.

 

 

Waiting for what kind of durians?

 

 

Edited by HP_Lee
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Showster

Showster

Twincharged

The table is about to turn? Know the significance? Under-estimate?

 

1. Trump may not work with us. Means more jobs back to USA. 60 - 70% SMEs depending on MNCs.

2. China took our military vehicles

3. China invested 14billion in JB and planning to build port better the PSA in Malacca .

4. Actually , Singapore have been enjoying the Trans-pacific-partnership benefits for years, even before it happens.

5. One-Belt One China is going to wipe us off the table. Just take a look at our geographical position and you will know what I meant.

6. Philippines president did critical of Singapore before.

 

There maybe tons of durians dropping in the next few years? Talents are here for reason. If we keep seeing Asia-pac US-HQs start pulling back ,supply chains and indirect related industries, there goes jobs. Better not put most eggs is one basket. That's my advice. That go-go days of the buying property is no longer repeat of the history. Unless we see bloodbath in the property market, which is not happening now, at all. Just caution note.

Just know this Brother...

 

Singapore should never have existed as a country.

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HP_Lee

HP_Lee

5th Gear
(edited)

I am seeing my business is no longer as usual, even operating in lower cost Malaysia. US customers are working with us the possibility of operating in US.  i am not sure is this happening in other industries. The worrying part is, we are mostly depending on US. Even Singapore tried to push through TPP with Japan, I doubt much juice left without US.

What worries me, is US currently taxing cooperate around 40% over or more. Tax incentive can be easily adjust to bring jobs home. While US may potentially tax much higher for those operating off-shore. Therefore it makes sense for offices and factories to move back. If that really materialize, our currency will be affected. Another main problem is , we are nowhere Silicon Valley nor manufacturing power house. Moreover our cost of employing people here are neither cheap. 

So all these factors does need to consider before investments. I do know many turn a blind-eye to it. But it does matter. Singapore use to be and now is :

 

1. Strong in IP.

2. Secure place.

3. Low tax incentive.

 

But 1 and 3, can be easily turn the table. Whereas, 2 can be build overtime. Besides, we still do not have the critical mass to sustain by itself, as compare to Malaysia , Indonesia , China , US or Europe. Even though, Malaysia still need investments to come in. I am not saying not to buy property here. One have extra and the rest to other places , that's ok. But if it is depending on rental to cover loans, than think twice of the risk involve.  

 

Nobody have ever dream of UK breaking off, most though all just a bag of hot air. It happened. None have though oil price would ever crash, but it happens. No one though Trump wins, again it happens. There goes, the unimaginable.  You guess the next?

 

Recently, we see foreigners start buying up Singapore properties. And that seem to show the confidence of Singapore. But have anyone knows where are those money coming from?? I do believe they can afford to lose it?   

 

Lastly Malaysian PM rush to China after the Trump wins. Singapore president goes to Japan. What is this trying telling us?

 

Just know this Brother...

Singapore should never have existed as a country.

 

Edited by HP_Lee
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Showster

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Twincharged

I am seeing my business is no longer as usual, even operating in lower cost Malaysia. US customers are working with us the possibility of operating in US. i am not sure is this happening in other industries. The worrying part is, we are mostly depending on US. Even Singapore tried to push through TPP with Japan, I doubt much juice left without US.

What worries me, is US currently taxing cooperate around 40% over or more. Tax incentive can be easily adjust to bring jobs home. While US may potentially tax much higher for those operating off-shore. Therefore it makes sense for offices and factories to move back. If that really materialize, our currency will be affected. Another main problem is , we are nowhere Silicon Valley nor manufacturing power house. Moreover our cost of employing people here are neither cheap.

So all these factors does need to consider before investments. I do know many turn a blind-eye to it. But it does matter. Singapore use to be and now is :

 

1. Strong in IP.

2. Secure place.

3. Low tax incentive.

 

But 1 and 3, can be easily turn the table. Whereas, 2 can be build overtime. Besides, we still do not have the critical mass to sustain by itself, as compare to Malaysia , Indonesia , China , US or Europe. Even though, Malaysia still need investments to come in. I am not saying not to buy property here. One have extra and the rest to other places , that's ok. But if it is depending on rental to cover loans, than think twice of the risk involve.

 

Nobody have ever dream of UK breaking off, most though all just a bag of hot air. It happened. None have though oil price would ever crash, but it happens. No one though Trump wins, again it happens. There goes, the unimaginable. You guess the next?

 

Recently, we see foreigners start buying up Singapore properties. And that seem to show the confidence of Singapore. But have anyone knows where are those money coming from?? I do believe they can afford to lose it?

 

Lastly Malaysian PM rush to China after the Trump wins. Singapore president goes to Japan. What is this trying telling us?

Thanks for the efforts elaborating.

 

Brexit and Trump have both been raised by me of 50-50 chance of happening. Modern democracies have this issue.

 

Everything traces back to spending and debts. Govt debts help people feel good in the short term, and US and many EU countries have been loading up on it for decades, but it risks the welfare of the next generation.

 

The moment they off the tap, the people vote against.

 

Now how would the new leaders respond?

 

China with its huge funds still run short of funds for all its plans. Internationally funds cannot simultaneously commit to the same cause.

 

If it's so easy to implement your points 1-3 anywhere else, SG would not have existed in the first place.

 

Agree that we are still very trade dependent. Does US like to talk directly with China now that Trump is in charge? How about China to India?

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Twincharged

Unemployment in US is already at 4.6%. It neither needs nor can handle companies' rising costs (in the face of rising USD???) returning operations back, many of which are currently specialised industries tapping on low costs of less developed countries. It also does not have that many of qualified personnel in each of these specialised industries. In all, it is smooth talk and nice campaign move - that is about it.

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HP_Lee

HP_Lee

5th Gear

I believe you are referring to manufacturing, that was already mostly moved out of Singapore. What I was referring is the offices. That is where most PMETs are. PMETs are no longer cheap to hire in Singapore. If you compare Singapore PMETs and US, you will see not much differences. In some post , they are in fact cheaper than us. 

When I hire PMETs in Malaysia when I shifted my manufacturing operations 2 years back, is 2.4 times cheaper than hiring in Singapore. As you know, 70%-80% Singapore's workforce are PMETs. So I can see we maybe the hardest hit, if the TPP and other Trade arrangement are pull back.

Hopefully, what you said, all smooth talk and hot air, is about it. If not , it is going to be hard for our children. 

 

Well let see, what Trump have in his sleeves in Jan 2017. As we know, the One-Belt-One-China is not for us. Without US, we will become an ulu ulu island.

 

Unemployment in US is already at 4.6%. It neither needs nor can handle companies' rising costs (in the face of rising USD???) returning operations back, many of which are currently specialised industries tapping on low costs of less developed countries. It also does not have that many of qualified personnel in each of these specialised industries. In all, it is smooth talk and nice campaign move - that is about it.

 

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Twincharged

We have always been and still is an ulu ulu island.

 

Most people in the west and Europe think we are somewhere in China.

 

We actually don't quite exist. We never did. Every major China city is bigger than us whichever demographics we use.

 

Trump also said he will target and stop immigration. How to stop immigration and yet have good jobs reserved for unqualified locals in US to fill up all the PMET roles? It's not just a tall order. His talks are targeted for maximum political mileage but many of his stances are contradictory to begin with.

 

 

I believe you are referring to manufacturing, that was already mostly moved out of Singapore. What I was referring is the offices. That is where most PMETs are. PMETs are no longer cheap to hire in Singapore. If you compare Singapore PMETs and US, you will see not much differences. In some post , they are in fact cheaper than us. 

When I hire PMETs in Malaysia when I shifted my manufacturing operations 2 years back, is 2.4 times cheaper than hiring in Singapore. As you know, 70%-80% Singapore's workforce are PMETs. So I can see we maybe the hardest hit, if the TPP and other Trade arrangement are pull back.

Hopefully, what you said, all smooth talk and hot air, is about it. If not , it is going to be hard for our children. 

 

Well let see, what Trump have in his sleeves in Jan 2017. As we know, the One-Belt-One-China is not for us. Without US, we will become an ulu ulu island.

 

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EugeneChong

EugeneChong

Neutral Newbie

Latest News on Spottiswoode Suites

Prices are going down with 8%+8% discount on the star buy units on the 30th floor now.

1 Bedroom units are going at prices from $1.15M
2 Bedroom Duplex units are going at prices from $1.98M
3 Bedroom units are going at prices from $1.85M
3 Bedroom Duplex units are going at prices from $2.26M

It is truly a great time to get your hands on this rare freehold development in District 2 of Singapore.

icon_lol.gif icon_lol.gif icon_lol.gif icon_lol.gif 
http://new-launch-property.com/

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LPPL

LPPL

6th Gear

Latest News on Spottiswoode Suites

 

Prices are going down with 8%+8% discount on the star buy units on the 30th floor now.

 

1 Bedroom units are going at prices from $1.15M

2 Bedroom Duplex units are going at prices from $1.98M

3 Bedroom units are going at prices from $1.85M

3 Bedroom Duplex units are going at prices from $2.26M

 

It is truly a great time to get your hands on this rare freehold development in District 2 of Singapore.

 

icon_lol.gif icon_lol.gif icon_lol.gif icon_lol.gif

http://new-launch-property.com/

1 bedroom mickey mouse going for 1.15mil you call that going down?
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Wt_know

Wt_know

Supersonic
(edited)

only prc, indian and indon want to park their $$ in spore [sly]

 

must plug the hole by

 

1st unit = 15%

2nd unit = 20%

3rd unit = 25%

4th unit = 50%

5th unit and above = 100% ABSD

 

muahahahaha

 

 

Edited by Wt_know
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Thaiyotakamli

Thaiyotakamli

Supersonic

only prc, indian and indon want to park their $$ in spore [sly]

 

must plug the hole by

 

1st unit = 15%

2nd unit = 20%

3rd unit = 25%

4th unit = 50%

5th unit and above = 100% ABSD

 

muahahahaha

Malaysian too haha look at 1mdb
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Throttle2

Throttle2

Supersonic

 

https://www.theedgeproperty.com.sg/content/16-million-loss-scotts-square

 

Here is the real state of matters.

Folks who bought from developer still losing until tng kor.

 

Until today still cannot be fully sold even with this bulk deal.

All early buyers sitting on papers losses.

Wahahaha, but no problem lah mostly rich foreigners, they can hold on forever.

 

Huat ah!

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Enye

Enye

Hypersonic

https://www.theedgeproperty.com.sg/content/16-million-loss-scotts-square

 

Here is the real state of matters.

Folks who bought from developer still losing until tng kor.

 

Until today still cannot be fully sold even with this bulk deal.

All early buyers sitting on papers losses.

Wahahaha, but no problem lah mostly rich foreigners, they can hold on forever.

 

Huat ah!

 

nothing wrong with holding on forever

 

 

warren buffet also believes in this

 

:D

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