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Thread: One Reason Why Recent Adjustments to Cooling Measures are Bad Signs for SG Buyers

  1. #11
    Join Date
    May 2012
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    3,648

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    Quote Originally Posted by teddybear View Post
    I still believe property price especially OCR will crash by 2020.......... Reversion to the mean over past about 12 years...........
    Have been explaining the red dot concept with you for the last 5 years...

    Drop a bit can but not possible to revert to mean lah... even US says it is recovering from the financial crisis of 2008...
    The three laws of Kelonguni:

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



  2. #12
    Join Date
    Mar 2009
    Posts
    10,682

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    Let's scrutinize your red dot concept and whether it can stand up to scrutiny.........

    Bishan:
    1997: S$1400+ psf.
    2005: S$800+ psf.
    2008: S$1300+ psf.
    2009: S$1000+ psf.
    2016: S$1300+ psf.

    From 1997 to 2005, the price dropped (800-1500)/1500 = -47% !!!!!!!
    From 2008 to 2009, the price dropped (1000-1300)/1300 = -23% !!!!!!!

    So the red dot concept failed!
    In fact, the property price can drop for a consecutive 8 LONG YEARS despite Singapore being a LITTLE RED DOT!

    Similar situation can be seen almost everywhere in Singapore!

    Quote Originally Posted by Kelonguni View Post
    Have been explaining the red dot concept with you for the last 5 years...

    Drop a bit can but not possible to revert to mean lah... even US says it is recovering from the financial crisis of 2008...



  3. #13
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    May 2012
    Posts
    3,648

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    Can find another place that is more representative of OCR boh? Bishan very central leh...

    Quote Originally Posted by teddybear View Post
    Let's scrutinize your red dot concept and whether it can stand up to scrutiny.........

    Bishan:
    1997: S$1400+ psf.
    2005: S$800+ psf.
    2008: S$1300+ psf.
    2009: S$1000+ psf.
    2016: S$1300+ psf.

    From 1997 to 2005, the price dropped (800-1500)/1500 = -47% !!!!!!!
    From 2008 to 2009, the price dropped (1000-1300)/1300 = -23% !!!!!!!

    So the red dot concept failed!
    In fact, the property price can drop for a consecutive 8 LONG YEARS despite Singapore being a LITTLE RED DOT!

    Similar situation can be seen almost everywhere in Singapore!
    The three laws of Kelonguni:

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



  4. #14
    Join Date
    Mar 2009
    Posts
    10,682

    Default

    Come on, Bishan is not in CCR, how can be very central?
    You mean you want to take Tuas or Woodlands?????

    Anyway, if 1 place in Singapore does not satisfy your "red dot" concept means your concept failed and does not apply universally, why need to take so many places when some more other places will also failed????????

    Quote Originally Posted by Kelonguni View Post
    Can find another place that is more representative of OCR boh? Bishan very central leh...



  5. #15
    Join Date
    May 2012
    Posts
    3,648

    Thumbs down

    When we want to show a particular point, we use representative areas that are typical.

    And there may be exceptions that do not follow but the general trend and average case follows our concerns or theory. That is the reason why we calculate mean and averages.

    You should take Tuas, Woodlands, Clementi, Jurong East, Paya Lebar, Punggol and Sengkang to track.

    Quote Originally Posted by teddybear View Post
    Come on, Bishan is not in CCR, how can be very central?
    You mean you want to take Tuas or Woodlands?????

    Anyway, if 1 place in Singapore does not satisfy your "red dot" concept means your concept failed and does not apply universally, why need to take so many places when some more other places will also failed????????
    The three laws of Kelonguni:

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



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