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Thread: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

  1. #6
    UBS Investment Research Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by Unregistered
    Can't imagine how many sporeans will lose not only all their CPF , but all their cash , plus top up until god knows when ? All these prices are too ridiculous for 99 projects with more than 950 units . As of now , caribbean still has 250+ units sold back to KEppel . Can you imagine , this is called sold out ???????

    We are projecting an overall price rise of 20% this year.

    We think it is unlikely that residential prices in Singapore will decrease as seen in the US market. This is mainly because we believe Singapore residential prices are still in a catch-up stage, compared to GDP.

  2. #7
    Unregistered Guest

    Thumbs down Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by interested in caribbean
    Over at the condo.com.sg website there are a lot of people slamming Caribbean! Can someone explain all the pros and cons of Caribbean? Because compared to Reflections this is relatively very cheap. If price going to fall like some people say, then I guess I will wait a while to pick one unit up here. For staying, not renting. So what do you think, will the price fall or not?
    If caribbean was so good why did you not buy there when it was cheap , there is a reason why caribbean still holds above 200 of its own units and claimed to be sold . Because the sales suck . Now they launched reflections so high that the flipper dare not buy . Apparently reflections had a very low coverage because the sales were not impressive , there were many fire sale reflections going on on the weekend , because the option payment will be due this weekend . Just see how many reflections units are thrown back this weekend . This will gauge the price it should be . Fools rush in .

  3. #8
    aim, cock, and fire! Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by Unregistered
    If caribbean was so good why did you not buy there when it was cheap , there is a reason why caribbean still holds above 200 of its own units and claimed to be sold . Because the sales suck . Now they launched reflections so high that the flipper dare not buy . Apparently reflections had a very low coverage because the sales were not impressive , there were many fire sale reflections going on on the weekend , because the option payment will be due this weekend . Just see how many reflections units are thrown back this weekend . This will gauge the price it should be . Fools rush in .
    I know you are the same guy posting over at the Reflections thread, because you have a space before all your punctuation marks! LOL! You are a funny guy you know.

    Anyway what I want to say is, fools DO rush in. However do you know why they are called fools? Rushing in to buy is not the problem. The problem lies with themselves - they are not prepared, they never did their research, they never adequately analysed the property they rushed in to buy.

    Savvy investors/speculators would have done all their groundwork, research, finance preparations, etc. to the extent of driving down to the site to survey and recce the place as well as every other building, office, condo, road, bus route, MRT, expressway, and even coffeeshop that is within 1 KM of their target property. And they do it well before the launch.

    The rule of the game is same as being a sniper: you pick a target early, spend some time analysing the behaviour and movement of the target, decide whether to abort mission and move on to another target, if staying with the same target then you take aim, wait... wait... wait... wait... wait... until the right moment then BANG. Be the first one to chiong the best unit for the lowest price.

  4. #9
    aim, cock, and fire! Guest

    Default Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    If you decide that the property is no good, and you can justify adequately to yourself why it is not good or not worth your money, then just leave and pick another one. Do not simply follow the crowd and do not simply believe the hype of journalists, advertisements, consultants, salesmen, etc. Have your own mind.

    That is how some smart investors picked up lots of cheap prime property back in 2003/2004 when every body said property was lousy investment. Now in 2007 every body saying how hot property is and how much more it will go up, the smart investors are selling it back to you at 2X, 3X the price and laughing their way to what ever next big thing they are putting their profit in.

  5. #10
    Unregistered Guest

    Talking Re: Caribbean At Keppel Bay (D4, 99-year Leasehold, by Keppel Land)

    Quote Originally Posted by aim, cock, and fire!
    If you decide that the property is no good, and you can justify adequately to yourself why it is not good or not worth your money, then just leave and pick another one. Do not simply follow the crowd and do not simply believe the hype of journalists, advertisements, consultants, salesmen, etc. Have your own mind.

    That is how some smart investors picked up lots of cheap prime property back in 2003/2004 when every body said property was lousy investment. Now in 2007 every body saying how hot property is and how much more it will go up, the smart investors are selling it back to you at 2X, 3X the price and laughing their way to what ever next big thing they are putting their profit in.
    Agreed , your logic is one that many SGporeans do not see . They only listen to newspapers BS and TV's bias coverage . Look at one shenton . Look at the classifieds , one shenton still has many developers units . This is the most classic case of BS .

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