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Thread: Singapore property prices to double by 2030: Morgan Stanley

  1. #21

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    Quote Originally Posted by Amber Woods View Post
    Do not be naive to believe in whatever a journalist say. He or she could well have been paid by some developers to write this article as they hope for a good launch.
    Quote Originally Posted by proud owner View Post
    This particular report is from MS, Morgan Stanley.

    It is meant for their internal clients.

    Very often these reports get 'leaked' ..

    I am 100 pct certain, no developer will / can/ able to, pay a bank analyst to write something to boost their sales..
    Many listed companies and Chinese companies are doing that especially if their target readers are the HNW (high networth) clients around the world.

  2. #22

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    The US financial meltdown was mainly due to banks like Goldman Sache and these banks' analysts. They are well rewarded by the rich and the powerful and also the people in power.

  3. #23

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    Quote Originally Posted by PropVestor View Post
    Property prices anywhere is largely a supply and demand economics. The implications of those two factors are quite a few like population growth, GDP, interest rates, political stability and general perception towards a positive/negative future etc.

    It is true that I do not have access to the data that MS is looking at to state '5 to 6%' growth in prices. But to put it simply, doubling of prices in 13 years is a real blanket statement. The circumstantial facts that points toward that outcome in that article is IMHO very speculative and narrowed.

    If we really have this outcome, it will be really sad for our future generation as an even bigger segment of wealth will be held by a few and income gap will be further widened. SG may lose its price competitiveness to attract talents of ALL levels to come. Do we only want to see this place exclusive to the very wealthy only? I don't.

    I hate to see 2030 comes and when I turn 50 that year. Only the very rich can buy our apartments we buy today or the last few years. Example, 2030: CCR average $6,000 psf+. Yes, I will be happy with a sizable nest egg settlement but as a local, we need residential prices to rise slowly. Just taking a longer view of things.......

    2 cents,
    PropVestor
    Only Time can tell what will be the price of property in 2030.

    I can only say, if one can afford to buy and not buy now then when is a good time to buy.

    Remember your Timeline is getting shorter by the day and in no time 10 years will past by without you knowing.

    2006 was a time when I can buy but don't dare to buy, fortunate for me a friend show me the right way.

    After all the money printing, property only got one direction. They can only do so much to hold the price, Time will still show the right price.

    Just remember how many 10 years do you have.


  4. #24

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    Quote Originally Posted by Arcachon View Post
    Only Time can tell what will be the price of property in 2030.

    I can only say, if one can afford to buy and not buy now then when is a good time to buy.

    Remember your Timeline is getting shorter by the day and in no time 10 years will past by without you knowing.

    2006 was a time when I can buy but don't dare to buy, fortunate for me a friend show me the right way.

    After all the money printing, property only got one direction. They can only do so much to hold the price, Time will still show the right price.

    Just remember how many 10 years do you have.

    You always talk about your purchase in year 2006 which was the year the market was at its lowest and many people fear of buying. I can only say either you are lucky or your timing was perfect then. Why don't you talk about your recent purchases between 2011 and 2013 when you bought at the high?

    Indeed, we may not have many ten years to wait. However, we should bear in mind that property is not the only asset class worth investing.

    We should not be overly concern with people who can afford to buy multiple properties for investment. If they are rich, no problem for them to take the risk. If they are not rich, they pray hard for the market to work their way. It is the group who save every penny to invest in their only property that need to be cautioned. For this group, it is worth waiting for the next ten years.

  5. #25
    Join Date
    Mar 2009
    Posts
    10,738

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    If you buy a FH property, anytime is a good buy because wait for 100 years and your FH property will be MUCH MORE valuable vs if you buy a 99-years LH property and wait for 99 years and your property VALUE is ZERO...............

    People will say you never live that long......
    Well, when you have a lot of capital, and you want to pass on to your descendants, that is the kind of time frame you will then be looking at to preserve your capital............

    Not like many people, as their 99-years leasehold property become older, they will try all means to convince others that 99-years LH property is worth buying so that they can flip their "aging babies" to them............

    Even if your HDB flat is worth $1M now at 30 years old, it will only become $ZERO in another 69 years time! Time for these people to wake up their idea now with MND Minister's message and all those news now in Main stream media.............

    Quote Originally Posted by Amber Woods View Post
    You always talk about your purchase in year 2006 which was the year the market was at its lowest and many people fear of buying. I can only say either you are lucky or your timing was perfect then. Why don't you talk about your recent purchases between 2011 and 2013 when you bought at the high?

    Indeed, we may not have many ten years to wait. However, we should bear in mind that property is not the only asset class worth investing.

    We should not be overly concern with people who can afford to buy multiple properties for investment. If they are rich, no problem for them to take the risk. If they are not rich, they pray hard for the market to work their way. It is the group who save every penny to invest in their only property that need to be cautioned. For this group, it is worth waiting for the next ten years.

  6. #26

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    Quote Originally Posted by Amber Woods View Post
    You always talk about your purchase in year 2006 which was the year the market was at its lowest and many people fear of buying. I can only say either you are lucky or your timing was perfect then. Why don't you talk about your recent purchases between 2011 and 2013 when you bought at the high?

    Indeed, we may not have many ten years to wait. However, we should bear in mind that property is not the only asset class worth investing.

    We should not be overly concern with people who can afford to buy multiple properties for investment. If they are rich, no problem for them to take the risk. If they are not rich, they pray hard for the market to work their way. It is the group who save every penny to invest in their only property that need to be cautioned. For this group, it is worth waiting for the next ten years.
    http://www.moneycrashers.com/should-buy-house-now/

    https://www.quora.com/Should-I-buy-a...I-been-hearing

    https://www.quora.com/Does-it-make-s...e-market-crash

    Last edited by Arcachon; 15th April 2017 at 03:45 PM.

  7. #27

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    You always talk about your purchase in year 2006 which was the year the market was at its lowest and many people fear of buying. I can only say either you are lucky or your timing was perfect then.

    2006 Lucky or perfect timing or God blessing guess nobody will know but one thing I know is the data I have and a simple math to decide.

    I have a 5 room HDB bought for S$250,000, MOP selling for S$ 390,000.

    CPF about S$100,000 + , O/S loan about S$100,000 +, CASH about S$100,000 +

    2 Bedroom selling for S$535,000

    Still working at age 43.

    What will you do, buy or wait for crash.

  8. #28

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    Why don't you talk about your recent purchases between 2011 and 2013 when you bought at the high?

    2011, Age 47 still working.

    5 room HDB with rental income, 2 Bedroom with rental income. staying oversea.

    2 Bedroom appreciates by S$1,000,000.

    What will you do, wait for the crash or go and buy?

  9. #29

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    We should not be overly concern with people who can afford to buy multiple properties for investment. If they are rich, no problem for them to take the risk. If they are not rich, they pray hard for the market to work their way. It is the group who save every penny to invest in their only property that need to be cautioned. For this group, it is worth waiting for the next ten years.

    I may be wrong but Time will tell 10 years from now.

    What I know with Data and simple math.

    Billions are pumped into the infrastructure, simple math will tell you the property price cannot stay at present value.

    I have a friend who tell me not many can afford to pay for the property and I ask him according to his earning capacity or the present work force.

    We are from a group where there are only One Uni, now there are Six. Simple math more are able to buy.

    https://en.wikipedia.org/wiki/List_o...s_in_Singapore

    Try not to time the market, nobody can.

    There are lot more Data but too much to put into words.
    Last edited by Arcachon; 15th April 2017 at 04:13 PM.

  10. #30

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    1996, A short story of catching the crash.

    Bought a condo before the crash in 1997 for rental income, bought another one after the crash.

    Staying with the parent at a landed property.

    Now two fully paid condo collecting rental income.

    Told me he will never go into property again because of the stress of owning property, just want to sit back and relax.

  11. #31

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    2009, A short story of catching the crash.

    Bought a Landed property and have to sell because the wife got lay off from Banking job.

    Sold Landed property and made a profit of a million dollar.

    Wife found a banking job a few month later.

    Bought rental income property one after another with the million dollar total 3 and one BUC all FH.

    2016 sold the BUC.

    Now staying in one of the property almost paid off with two rental income FH property.

  12. #32
    Join Date
    May 2012
    Posts
    3,749

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    不入虎穴,奄得虎子!

    The world will always be long to people who take calculated risks more than people who avoid risks.

    2013 they said dangerous times I agree. 2015 they said still early I disagree but understand. 2017 the boat engine already started they still say risky...
    The three laws of Kelonguni:

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

  13. #33

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    Unknown year, A short story of catching the crash.

    Bought a landed property, work lot of O/T to pay the mortgage and redevelop the property to six room and rent out the room.

    Fully pay the property and collecting rental from the room.

    Now retired.

  14. #34

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    Quote Originally Posted by Kelonguni View Post
    不入虎穴,奄得虎子!

    The world will always be long to people who take calculated risks more than people who avoid risks.

    2013 they said dangerous times I agree. 2015 they said still early I disagree but understand. 2017 the boat engine already started they still say risky...
    Just learn the word "Self-Sabotage"



    https://www.srx.com.sg/cooling-measures

  15. #35

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  16. #36

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    2006, A short story of catching the crash.

    My Brother bought a BUC 4 room HDB BTO at Geylang Serai, staying at a resale 3 room HDB with his PRC wife.

    Told his wife he wants to give out the BTO because afraid of losing the job and cannot pay the mortgage.

    Wife asks me to talk to him.

    Using simple Math, told him when MRT NS and EW line completed, property double.

    Now MRT Circles line North-East line underground cost more than surface MRT, property sure goes up.

    The rest are history.

  17. #37

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    Quote Originally Posted by Arcachon View Post
    2006, A short story of catching the crash.

    My Brother bought a BUC 4 room HDB BTO at Geylang Serai, staying at a resale 3 room HDB with his PRC wife.

    Told his wife he wants to give out the BTO because afraid of losing the job and cannot pay the mortgage.

    Wife asks me to talk to him.

    Using simple Math, told him when MRT NS and EW line completed, property double.

    Now MRT Circles line North-East line underground cost more than surface MRT, property sure goes up.

    The rest are history.
    You were lucky to buy at the right time in 2006 and hence there was no looking back. Imagine you if had bought your first property in 2013, your situation would be very different. You will be hoping that your investment would turn out well.

    You have actually benefited from timing the market and now telling people timing is not important.

  18. #38

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    I have seen similar blunder statements from comp like morgan stanley and nomura on SG property. Nothing worth to talk about.

    Morgan also predicting SG property down by 20% in 2013 lol

    http://sph-vld7.shareinvestor.com/pr...organ-stanley/

    And it has its own property investment fund, so surely has its own short/long expectation on property price.

  19. #39

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    Quote Originally Posted by Tomutomi View Post
    I have seen similar blunder statements from comp like morgan stanley and nomura on SG property. Nothing worth to talk about.

    Morgan also predicting SG property down by 20% in 2013 lol

    http://sph-vld7.shareinvestor.com/pr...organ-stanley/

    And it has its own property investment fund, so surely has its own short/long expectation on property price.
    True, never use only one indicator.

    I believe in Big Data.

    http://www.straitstimes.com/opinion/...ia?xtor=CS3-17

  20. #40

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    Any idea how to know if the property buyers are first time buyer or investors? I hope this info published somewhere.

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