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Thread: Look like Lawrence Wong don't give face.

  1. #1
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    Oct 2012
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    Default Look like Lawrence Wong don't give face.


  2. #2
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    Mah bao tan still the best. Doesn't this Lawrence understand that condo is mainly for investment asset? Why always target private property?
    Last edited by star; 14th November 2017 at 11:09 PM.

  3. #3
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    They have to consider the feelings of the 80% right?

    Data speaks one thing, Govt representative still must speak their stand also right? Such as 0% increase in COE from 2018 will not cause a significant increase in price.

    It would be surprising and shocking if they did not express this type of stance.
    The three laws of Kelonguni:

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

  4. #4
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    30,000 units for sale. Not for staying. There will be a shortage for the next 3 years. The demand for ready homes will be high. He don't say too early. And don't forget about the en bloc money floating around the market. lol

  5. #5

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    Market cannot keep dropping. It was dropping from 2013-2017, that's a long series of declines. Barring any major global recession, it should logically go up a while from now.
    But I could be wrong.

  6. #6
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    What Minister Lawrence is saying now is, developers cannot cut corners and sell cheap.

    Must make sure building got standard, cater for transport considerations etc...

    In other words, make sure the costs that need to be put in are put in.

    Expect new properties to be priced at a premium plus higher quality.

    In other words, many ministers pushing for cost-push inflation now. Tio bo, Leeds?
    The three laws of Kelonguni:

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

  7. #7

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    Quote Originally Posted by star View Post
    This is part of a gameplan. By pushing supply all the way up, the government is indirectly hinting to us that we need to let more foreigners in to either work or stay here. With them, home investors will get to rent out their 2nd property and home sellers will get buyers to buy their house.

    This is all in line with the government's white paper to push to 6.9million population by 2030.

  8. #8

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    dun know why but felt that this round of en-bloc was a bit engineered when the GLS was cut quite drastically.
    If nothing is done expect a bit of a see -saw where next 2-3 years will be up & up before things come start coming down. The only good thing is that HDB mkt is quite stable this round.

  9. #9
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    The replacement units will be coming with lesser carpark lots, smaller space per unit, but maybe more efficiently built at best. And will be priced at much higher psf wise from costing considerations.
    The three laws of Kelonguni:

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

  10. #10
    Join Date
    Mar 2009
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    10,798

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    "More efficiently built"?
    A new private condo/apt of size 1400 sqft with only about 1000 sqft usable space is called "more efficiently built"?
    You mean like developers now can give you max 10% balcony space that they charge you for (but is free of charge to developers since not included in max GFA allowed), give you max big big air-con ledge space, max big big private lift lobby space?!

    Quote Originally Posted by Kelonguni View Post
    The replacement units will be coming with lesser carpark lots, smaller space per unit, but maybe more efficiently built at best. And will be priced at much higher psf wise from costing considerations.

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