Enye Hypersonic November 19, 2013 Share November 19, 2013 yup ... they are damn good in massaging data and building ghost town and mega shopping mall with fake brands on the contrary, i believe china got plenty of $$$ to burn for the next 5-10 years and china has not start their $printer$ like usa yet ... US print money China buy China print money who dares to buy? you are very optimistic ↡ Advertisement Link to post Share on other sites More sharing options...
Lala81 Hypersonic November 19, 2013 Share November 19, 2013 i recognise that external factors and world economy do have impact on property price but ... local factor is the MAJOR influence to property price demand and supply demand ... can open floodgate, can remove CM, can reduce sales of land, can change policy, can do many many things supply ... can up/down BTO & EC projects, can increase/decrease land sales, can also do many many things local policy changes and CM has direct impact on property price rather than usa/europe collapse or lehman brother collapse even world economy tank to bottom ... if govt step in ... govt can "stablise" the property price you think govt will let property price free fall and crash? I'm surprised. U sound like a big bear most of the time... Link to post Share on other sites More sharing options...
Wt_know Hypersonic November 19, 2013 Share November 19, 2013 (edited) yes ... i am bearish but i praise the govt ... they can move mountain ... seriously and also because spore economy is small, the country is small, policy can be changed immediately, no political stumbling block, etc captain steer left ... 5M people go left ... captain steer right ... 5M people go right ... i mean that is a good thing tell me if it's not happening now? i'm bearish that correction is imminent ... percentage not sure ... 5%? 10%? 15%? crash like $1.2M condo sup sup water now drop to $700K-$800k-ish previously? resale hdb 4-room go back to $300k+? punggol resale hdb 4-room already selling at $500k-$600k I'm surprised. U sound like a big bear most of the time... Edited November 19, 2013 by Wt_know Link to post Share on other sites More sharing options...
Intruderx 1st Gear November 19, 2013 Share November 19, 2013 I foresee surplus HDBs from 2H'14 onwards due to completion of ECs and Condo. WIth PR can only purchase HDB after 3 years, will this affect HDB rental by then? 1 Link to post Share on other sites More sharing options...
Wyfitms Twincharged November 19, 2013 Share November 19, 2013 yes ... i am bearish but i praise the govt ... they can move mountain ... seriously and also because spore economy is small, the country is small, policy can be changed immediately, no political stumbling block, etc captain steer left ... 5M people go left ... captain steer right ... 5M people go right ... i mean that is a good thing tell me if it's not happening now? i'm bearish that correction is imminent ... percentage not sure ... 5%? 10%? 15%? crash like $1.2M condo sup sup water now drop to $700K-$800k-ish previously? resale hdb 4-room go back to $300k+? punggol resale hdb 4-room already selling at $500k-$600k correction would be about 5% anything more would be a result of a serious external shock/ black swan read a savills report that demand will continue to chase supply all the way to 2015. Thank ICA for that 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 20, 2013 Share November 20, 2013 To complete the picture Link to post Share on other sites More sharing options...
Van 1st Gear November 20, 2013 Share November 20, 2013 To complete the picture Means ? Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic November 20, 2013 Share November 20, 2013 (edited) To complete the picture Did the newspaper write for 6.9M? Edited November 20, 2013 by Thaiyotakamli 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 20, 2013 Share November 20, 2013 Means ? Means property so plentiful until it oooozes out of your ears.... Link to post Share on other sites More sharing options...
Kangadrool Supersonic November 20, 2013 Share November 20, 2013 I foresee surplus HDBs from 2H'14 onwards due to completion of ECs and Condo. WIth PR can only purchase HDB after 3 years, will this affect HDB rental by then? There's more to this rule....... It's to force more on the fence to convert to citizenship in preparation of 2016. If these people can convert to citizenship instead of just taking up PR, they immediately qualify for NEW HDB flat at SUBSIDIZED price. Hence, new flats supply was ramped up. 1 Link to post Share on other sites More sharing options...
Van 1st Gear November 20, 2013 Share November 20, 2013 (edited) Means property so plentiful until it oooozes out of your ears.... One of the PSLE question: Given our population as of Jun 2013: 5.399m and household size currently averaging 3.53 what is the projected population based on 500,000 new homes? ignore death rate about 18400 - last yr Clue 5.399m plus 500,000 x 3.53 = ? Even if household size dips to 3.3 projected increase: 5.399m plus 500,000 x 3.3 = ? [grin] Edited November 20, 2013 by Van 2 Link to post Share on other sites More sharing options...
Mustank Hypersonic November 20, 2013 Share November 20, 2013 One of the PSLE question: Given our population as of Jun 2013: 5.399m and household size currently averaging 3.53 what is the projected population based on 500,000 new homes? ignore death rate about 18400 - last yr Clue 5.399m plus 500,000 x 3.53 = ? Even if household size dips to 3.3 projected increase: 5.399m plus 500,000 x 3.3 = ? [grin] I like your maths question 1 Link to post Share on other sites More sharing options...
Icedbs Turbocharged November 20, 2013 Share November 20, 2013 To complete the picture Nice rolex watch Link to post Share on other sites More sharing options...
Throttle2 Supersonic November 20, 2013 Share November 20, 2013 One of the PSLE question: Given our population as of Jun 2013: 5.399m and household size currently averaging 3.53 what is the projected population based on 500,000 new homes? ignore death rate about 18400 - last yr Clue 5.399m plus 500,000 x 3.53 = ? Even if household size dips to 3.3 projected increase: 5.399m plus 500,000 x 3.3 = ? [grin] wow, you so smart.....so does it mean that there is enough or not enough supply huh ? if you think enough, what is your next move? if you think not enough, what is your next move? share share leh.... Nice rolex watch thanks Mate Link to post Share on other sites More sharing options...
Koko 4th Gear November 21, 2013 Share November 21, 2013 US print money China buy China print money who dares to buy? you are very optimistic It is predicted that the RMB will be appreciate but slow... As of current situation, nobody willing to take in too much US dollar... but many are willing to take in RMB... In the market, there is still demand of RMB... so many people will buy. 2 Link to post Share on other sites More sharing options...
Enye Hypersonic November 21, 2013 Share November 21, 2013 It is predicted that the RMB will be appreciate but slow... As of current situation, nobody willing to take in too much US dollar... but many are willing to take in RMB... In the market, there is still demand of RMB... so many people will buy. you are talking about current situation where China govt has plenty of reserves to back them up i was responding to a post about China has not started printing $$ like the US to sustain growth in this case when China has used up all their reserves and start to use debt(or print $$) to sustain GDP growth will you still dare to buy when China defaulting on their loans becomes a possibility ? 1 Link to post Share on other sites More sharing options...
Qpik Supercharged November 21, 2013 Share November 21, 2013 Lai Lai.....OT OT Those who notice Throttle's watch followed by what his finger is pointing, ki chew.... I'll start the ball rolling.... I admit, I notice his hand then the article that he pointed out....neat, clean fingers, can gauge his age & definitely no ordinary table wiper Link to post Share on other sites More sharing options...
Wt_know Hypersonic November 21, 2013 Share November 21, 2013 with rolie on the wrist ... wiping table also 2x quicker ... good productivity Lai Lai.....OT OT Those who notice Throttle's watch followed by what his finger is pointing, ki chew.... I'll start the ball rolling.... I admit, I notice his hand then the article that he pointed out....neat, clean fingers, can gauge his age & definitely no ordinary table wiper ↡ Advertisement Link to post Share on other sites More sharing options...
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