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Thread: A few CCR transactions sold at a loss (reported in The Edge)

  1. #4261

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    DBSS flat resold for record $1.18m in Bishan by ST 1 Feb 2017.

    Quote Originally Posted by teddybear View Post
    Fret now, as long as your property size is small, absolute price is less than $1.5M (regardless of size), there will always be takers (from some goon-du)!

    If not, just make sure your house has good feng shui and there will always be lots of China's Chinese buying (and they are buying and supporting OCR private property prices) - The recent property transactions statistics already gave us a glimpse of that fact!

  2. #4262

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    Watermark

    Sold 26 JAN 2017 3 RODYK STREET #XX-XX 1,733sq ft 1,460psf
    Bought 17 AUG 2007 1,780psf

    on paper a good buy.

  3. #4263
    Join Date
    May 2012
    Posts
    3,219

    Default

    Quote Originally Posted by teddybear View Post
    Fret now, as long as your property size is small, absolute price is less than $1.5M (regardless of size), there will always be takers (from some goon-du)!

    If not, just make sure your house has good feng shui and there will always be lots of China's Chinese buying (and they are buying and supporting OCR private property prices) - The recent property transactions statistics already gave us a glimpse of that fact!
    Quote Originally Posted by stalingrad View Post
    Thanks, Teddy. Happy New Year. Our crappy condo measures 1302 sqf. Not sure it is small or large. But I would be happy to get rid of it for less than 1.5 mil. Hope you are right and we are safe from the market free fall.
    You just missed the largest gains starting this year. I think authorities was waiting for you to cash out then they started to change the directions.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  4. #4264

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    The Trillium

    Sold 1 MAR 2017 118 KIM SENG ROAD #XX-XX 2,217sq ft 1,632psf
    Bought 20 JUN 2011 1,901psf

  5. #4265

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    Watermark

    Sold 26 JAN 2017 3 RODYK STREET #XX-XX 1,733sq ft 1,460psf
    Bought 17 AUG 2007 1,780psf

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