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Thread: Beacon Heights D12 , 999 yr

  1. #391

    Default

    Quote Originally Posted by Unregistered101
    It seems to be not far from the expressways and temple. Do you get the sound from the traffic sound temple? I understand that CTE will have another additional built to cater to the high traffic volume. Traffic exhaust soot can also be a problem for health wise.
    The noise is not really noticeable though. As for the traffic, KPE and the future woodsville interchange will definitely help to smoothen the traffic and all traffic related polutions.

    Cheers!

    Pet

  • #392
    UnregisteredToo8
    Guest

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    Right.

    I have been hunting around for months for good value buys and have my checkbook with me all the time. I tot the credit crunch will results in more people selling, but reality's limited sellers for good properties. As for those URA statistics, you need to do your homework. Don't just look at those headliners - price drop at x%, and anal-ysts, who usually tcss.

    Those good ones I saw, the owner rather rent them out then sell me at 5-10% discounts.

    Those genuine firesale cases are most taken up by agents themshelves, or offered to their best customers and close relatives. Unless one's lucky, hardly any good lobang will hit us.

    Maybe I just need to be more patient. Afterall, it's been 8 months waiting.
    Meanwhile, low savings interest rate and inflation are eating into my $$$.

    Regards

    Quote Originally Posted by hahaha
    try doing your pty bargain hunting for cheap n gd pty in the central n see who will sell u at 10% or 20% below the price they bought. Nobody would do that. As mentiond, pty prices is cyclical so dont be too happy just becoz u witness a slight drop.

  • #393
    so u see it
    Guest

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    so u finally knw wat it is like. The sentiments of home owners dont go with stats. It is only owners facing credit crunch or the ones holdng lousy units that are forced to let go below price they bought. Most kiasu singaporeans have done their math b4 buying property and they have factored in economic situatns like this so they r in no hurry or need to sell at loss. U probably would nt be gettng any bargain pty as they dnt usually remain there very long but i wish u luck.
    Quote Originally Posted by UnregisteredToo8
    Right.

    I have been hunting around for months for good value buys and have my checkbook with me all the time. I tot the credit crunch will results in more people selling, but reality's limited sellers for good properties. As for those URA statistics, you need to do your homework. Don't just look at those headliners - price drop at x%, and anal-ysts, who usually tcss.

    Those good ones I saw, the owner rather rent them out then sell me at 5-10% discounts.

    Those genuine firesale cases are most taken up by agents themshelves, or offered to their best customers and close relatives. Unless one's lucky, hardly any good lobang will hit us.

    Maybe I just need to be more patient. Afterall, it's been 8 months waiting.
    Meanwhile, low savings interest rate and inflation are eating into my $$$.

    Regards

  • #394
    there is a cycle
    Guest

    Default

    when OCR has had its fun, the next surge for RCR and CR will be massive. If prices in upper bt timah are going to surge to 1kpsf or more one day, wat do u think will be the effect on RCR n CR?buying a property in central is a no brainer when it cmes to safe investing
    Quote Originally Posted by drop already
    Nice try. Whatever RCR has fallen. I'm just stating a fact becos a previous forummer say only the high end one has fallen which is not true. Only the OCR has risen this quarter.

  • #395
    Time property
    Guest

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    so depends on timing lah. wrong time go into CCR also die - where got "safe"? The stupidest are the those who got no brain and go buy CCR or RCR when prices have surged so much already... esp CCR, if you buy something at 2000psf, you will have to wait a very long time for the "surge".
    Quote Originally Posted by there is a cycle
    when OCR has had its fun, the next surge for RCR and CR will be massive. If prices in upper bt timah are going to surge to 1kpsf or more one day, wat do u think will be the effect on RCR n CR?buying a property in central is a no brainer when it cmes to safe investing

  • #396
    warren follower
    Guest

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    Quote Originally Posted by Time property
    so depends on timing lah. wrong time go into CCR also die - where got "safe"? The stupidest are the those who got no brain and go buy CCR or RCR when prices have surged so much already... esp CCR, if you buy something at 2000psf, you will have to wait a very long time for the "surge".

    This is the bottom liao lah for the economic malaise.

    When big fish such as Warren Buffett starts whacking companies and assets left and right, you know that bottom already here or close to it liao. Most likely we are in the middle of the bottom and the turnaround is round the corner maybe in the next 1 or 2 years.

    What that means for Singapore property is something else. Surely there is no way people can sell $5000 psf properties anymore, but for those mid priced CCR condos like $1200 psf to $2000 psf, there is fair value in them, for the very reason that many of these mid priced ones are located just down the road (or very near) those $4000/$5000 psf properties which are going to be experiencing a 20% drop in price.

    If you can buy a condo at half the price of a high end one, and yet live on the same street as that high end one, why not?

    Think!n Think value!

    For me, I feel mid priced condos have been quite resistant in their prices and haven't dropped very much. Perhaps 2009 or 2010 will be a good time to buy those mid priced condos in CCR. But I won't touch the high end CCR ones like Nassim or the Marq or Hilltops... those are reserved for the super rich.

  • #397
    Unregistered12345
    Guest

    Default

    I think we are near bottom. The question is whether the recovery is U or V shape. Also, some much money has been taken out of equities and funds... it's a matter of time before they need to be parked somewhere.

    In a market like singapore, where the government is very very proactive in managing demand, esp powerful hands in controlling HDB supply/price and LTA land sales, property prices might soften, but will not crash...

    Get your checkbook ready, be alert for good bargains, seek around for good value... for the next few quarters' the time for investment... Once we are on track for recovery, the developers will start launching, driving up hype and sentiments., the surge will be on again.

    BTW. The current price might drop 5-10%. But this will be the new price floor. The price of concrete, steel, manpower.... is increasing... recession or not. Tata is building hundred thousands of nano car for eager indians... and China with dampened growth has yet to fill basic infrastructure needs...

    About equity. Timing/catching the market is important, despite all those anal-ysts telling you otherwise. All those bozo analyst are professionals, professionally earning your fees and tcss you. During the 2002-2003 downturn, I invested and when I divested 1 year ago, I earned 80% gain ~20% return a year. example DBS at $12, sold at >$20, SIA $10, sold at $18... so minimum attention and good returns....

    I am ready to jump...anyone with me... hopefully to greater wealth :-P
    May the force be with us.


    Quote Originally Posted by warren follower
    This is the bottom liao lah for the economic malaise.

    When big fish such as Warren Buffett starts whacking companies and assets left and right, you know that bottom already here or close to it liao. Most likely we are in the middle of the bottom and the turnaround is round the corner maybe in the next 1 or 2 years.

    What that means for Singapore property is something else. Surely there is no way people can sell $5000 psf properties anymore, but for those mid priced CCR condos like $1200 psf to $2000 psf, there is fair value in them, for the very reason that many of these mid priced ones are located just down the road (or very near) those $4000/$5000 psf properties which are going to be experiencing a 20% drop in price.

    If you can buy a condo at half the price of a high end one, and yet live on the same street as that high end one, why not?

    Think!n Think value!

    For me, I feel mid priced condos have been quite resistant in their prices and haven't dropped very much. Perhaps 2009 or 2010 will be a good time to buy those mid priced condos in CCR. But I won't touch the high end CCR ones like Nassim or the Marq or Hilltops... those are reserved for the super rich.

  • #398

    Thumbs up

    Quote Originally Posted by Unregistered12345
    I think we are near bottom. The question is whether the recovery is U or V shape. Also, some much money has been taken out of equities and funds... it's a matter of time before they need to be parked somewhere.

    In a market like singapore, where the government is very very proactive in managing demand, esp powerful hands in controlling HDB supply/price and LTA land sales, property prices might soften, but will not crash...

    Get your checkbook ready, be alert for good bargains, seek around for good value... for the next few quarters' the time for investment... Once we are on track for recovery, the developers will start launching, driving up hype and sentiments., the surge will be on again.

    BTW. The current price might drop 5-10%. But this will be the new price floor. The price of concrete, steel, manpower.... is increasing... recession or not. Tata is building hundred thousands of nano car for eager indians... and China with dampened growth has yet to fill basic infrastructure needs...

    About equity. Timing/catching the market is important, despite all those anal-ysts telling you otherwise. All those bozo analyst are professionals, professionally earning your fees and tcss you. During the 2002-2003 downturn, I invested and when I divested 1 year ago, I earned 80% gain ~20% return a year. example DBS at $12, sold at >$20, SIA $10, sold at $18... so minimum attention and good returns....

    I am ready to jump...anyone with me... hopefully to greater wealth :-P
    May the force be with us.

    Good foresight and if you are looking to invest in a "steal of the town" do drop me a line @82818888. I have really attractive and good deals up for grabs!

    Cheers!

    Pet

  • #399
    call here call there
    Guest

    Default

    hey pet, no need to call here call there lah, why dont u just share wth us wat is ur "steal of the town"
    Quote Originally Posted by Petmail
    Good foresight and if you are looking to invest in a "steal of the town" do drop me a line @82818888. I have really attractive and good deals up for grabs!

    Cheers!

    Pet

  • #400
    call here call there
    Guest

    Default

    hey pet, no need to call here call there lah, why dont u just share wth us wat is ur "steal of the town"
    Quote Originally Posted by Petmail
    Good foresight and if you are looking to invest in a "steal of the town" do drop me a line @82818888. I have really attractive and good deals up for grabs!

    Cheers!

    Pet

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