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Thread: Any Ceiling for contribution of CPF OA?

  1. #956
    Join Date
    May 2012
    Posts
    3,605

    Default

    Water increased 30% so price will drop 30% cos construction never use water.

    Land increased 30% and price will drop 30% cos just need to build on thin air.

    Development charges increase 20% and no need to pay cos just buy Freehold at Leasehold prices?

    Quote Originally Posted by cbsh38584 View Post
    You almost also forget that if we have come to a situation who DIS is triggered. Your ppty will probably worth <50%. There will margin call for your investment ppty on leveraging. It will be a stack of card falling one after another. Everybody suffers include you & me. Nothing is safe except maybe physical gold.
    The three laws of Kelonguni:

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



  2. #957

    Default

    Quote Originally Posted by Kelonguni View Post
    Water increased 30% so price will drop 30% cos construction never use water.

    Land increased 30% and price will drop 30% cos just need to build on thin air.

    Development charges increase 20% and no need to pay cos just buy Freehold at Leasehold prices?
    Seriously I think it is possible to drop 50% maybe more.

    Example developer buys land for 1000 psf ppr then build it then sold it.

    Somehow property crash 50% and you can buy the same property for 500 psf.



  3. #958
    Join Date
    May 2012
    Posts
    3,605

    Default

    Yes, developer is forced to lelong brand new at 50%.

    Existing owners also must lelong at more than 50%.

    Only cash holders showhand buy 2-3 each with the price drop.

    Quote Originally Posted by Arcachon View Post
    Seriously I think it is possible to drop 50% maybe more.

    Example developer buys land for 1000 psf ppr then build it then sold it.

    Somehow property crash 50% and you can buy the same property for 500 psf.
    The three laws of Kelonguni:

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



  4. Default

    Development charges increase 20% and no need to pay cos just buy Freehold at Leasehold prices?
    Seriously I think it is possible to drop 50% maybe more.

    Example developer buys land for 1000 psf ppr then build it then sold it.

    Somehow property crash 50% and you can buy the same property for 500 psf.



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