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Thread: Is the market losing steam?

  1. #31
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  2. #32
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    Quote Originally Posted by PropVestor View Post
    Any recent en-bloc success news to share? I have not seen any recently. Maybe I was not tuning in.
    There are many, but everyone playing the hush-hush game.

    Government hush-hush, developer hush-hush, even the sellers also hush-hush, as they need to buy as well.

    Too much fan-fare is never good for anyone.
    The three laws of Kelonguni:

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

  3. #33

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    I am sure there are more hopefuls than successes. I put the probably of hopefuls against success to 10:1?

    In any case, I hope someone is compiling the numbers and keeping track of the successes.Until a transaction goes through, any psf number put it by the hopefuls are just plain hope.

    I am happy to see more owners injecting more life into the market. Hope to see more action in the private re-sale market.

    PropVestor

  4. #34
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    Quote Originally Posted by PropVestor View Post
    I am sure there are more hopefuls than successes. I put the probably of hopefuls against success to 10:1?

    In any case, I hope someone is compiling the numbers and keeping track of the successes.Until a transaction goes through, any psf number put it by the hopefuls are just plain hope.

    I am happy to see more owners injecting more life into the market. Hope to see more action in the private re-sale market.

    PropVestor
    I am also not sure.

    Mine are new properties so those paths are out for me. But certainly, it has jacked up asking prices for sellers, some of which will consider holding out for enbloc instead of selling on the market.

    I just know that by the time all those enbloc are completed, demolished and in new construction status, it will be easier and more lucrative for those with my intention to rent. Fingers crossed for an even brighter time ahead when rents rise together with prices!
    The three laws of Kelonguni:

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

  5. #35
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    En Bloc Fever: 148 little-known freehold property that you need to know about (Part 1)

    https://stackedhomes.com/blog/148-li...for-en-bloc-2/

  6. #36
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    With $9.4 billion worth of collective sale deals done in the first half of 2018, Lake believes the figure could exceed the $11.5 billion achieved in 2007, which was the peak of the last en bloc sale boom. “We could be looking at $15 billion this year,” he says.

    https://www.edgeprop.sg/property-new...box=1528900389

  7. #37

    Default En bloc fever Vs price index

    Quote Originally Posted by Arcachon View Post
    Only Time will tell the truth, just like 2007.

    Thanks. Anybody has enbloc Vs prop price index chart?

    Now analysts are saying prop price is going up with support of enbloc sellers.
    Why did prop price crash in 2007 even many owners just managed to sell in enbloc?
    Aren't they supposed to buy new houses after selling old ones?

  8. #38
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    This graph only shows volume of enbloc and number of sales.

    2007 price only went up, same for2008. Only 2009 saw a short crash.

    Quote Originally Posted by ccreporter View Post
    Thanks. Anybody has enbloc Vs prop price index chart?

    Now analysts are saying prop price is going up with support of enbloc sellers.
    Why did prop price crash in 2007 even many owners just managed to sell in enbloc?
    Aren't they supposed to buy new houses after selling old ones?
    Last edited by Kelonguni; 15th June 2018 at 08:22 AM.
    The three laws of Kelonguni:

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

  9. #39

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    Quote Originally Posted by Kelonguni View Post
    This graph only shows volume of enbloc and number if sales.

    2007 price only went up, same for2008. Only 2009 saw a short crash.
    Thanks. My memory is bad...
    2009 short crash could be due to Lehman crisis.

    So the statement makes sense that enbloc support price going up..... unless another recession...

  10. #40
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    It was supposed to be volume going up leading to price increases.

    But the string of CMs have kept a lid on volume and only price us moving at this juncture.



    Quote Originally Posted by ccreporter View Post
    Thanks. My memory is bad...
    2009 short crash could be due to Lehman crisis.

    So the statement makes sense that enbloc support price going up..... unless another recession...
    The three laws of Kelonguni:

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

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