All property agents stop your nonsense postings please.
All property agents stop your nonsense postings please.
Orange tee, go and die. You don't have business to bother about us. Get lost and hope you kena hit by a car.
What is wrong with you? Are you going mad? Lost too much money on stock market? Agents have to be positive! Spend more time thinking of how to sell properties. Not cursing at us!Originally Posted by get lost
Of course people are angry...may be out of a job soon...let them rant here...its the only think they can do...
bought 2nd pty beacn hts with zero regrets. 1st pty fully paid, 20% BH paid, few hundred thousand in bank, mthly 5 fig income, below 35 yr old, self-employed n running recessn proof biz, master degree holder n dnt hold any stocks. I sleep soundly every nite recession or not. Going on a mth long holiday to 2 countries in Nov
Hohoho...you must still be dreaming then...either that, or you are insane...else, you are a property agent trying to incite others to buy in this really pathetic market...
Originally Posted by sound sleeper
Hmmm...if you really sleep soundly every night as you claim, why are you posting at 4am in the morning???! Working out your losses in the stock/property mkt???
Originally Posted by sound sleeper
Pathetic acting... 100% must be desperate property agent whole day in BH showroom with nothing to do. Go back still thinking of ways to market in this shit times.Originally Posted by sound sleeper
Give them a break lah!Originally Posted by pathetic
u think it is bull but wat i stated is true. I m not an agent. I have absolutely no worries wth my bh investment.Originally Posted by Still Dreaming
i sold my stocks at its peak during the soaring oil price (u may have guessd wat agri counter i bought). I was watchng DVD til late so i posted at that time. Do u wish 4 every1 to be in the same rocky boat as u? In our affluent society many are richer than u think, i am just averageOriginally Posted by Wow
hardly any1 using ths forum. I have been there n it is really quietOriginally Posted by New forum
Go discuss HDB flats at another forum.................. fight with other buyers of HDB there please....Originally Posted by HDB Buyer
Frankly, i find BH a worthy investment but too bad i committ to another project already before BH soft launched.... or else............Originally Posted by Sound sleeper
Properties are still an unobtainable dream from many young people. We are a young couple virtually on starter's salaries. At present we are staying with my husband's family, but are keen to move into our own place, reasonably close to both sets of parents.
We want to know what we can do to get ahead of the real estate ladder?
property is not unobtainable. i presume you are in your twenties. i started off staying in a HDB flat in my twenties and made money twice from selling my new flat and second resale flat. i bought my third hdb flat practically free. as i am currently running a business, of course income would be better than when one is being employed. i understand where you are coming from coz i was in your shoes last time. i had taken many risks in my life to get to where i am now (not well off, just slightly better than last time). I had lost money and made money in stocks and was struglling with only $700 income a month when i first started up my biz. Life is tough, but i managed to stabilise my biz and made some money from there before i ended up getting a unit in BH recently. i am in my early thirties and admit that i still have a long way to go when it comes to learning about real estate and how the gurus make money out there.....
Originally Posted by Home.
just curious, where did you invest?
Originally Posted by gistered
You mentioned you are at starter salary. I assuming total combined income is about $4-5K. After deducting CPF, total bring home is $3-4K. I guess you do not have a lot in your CPF either.Originally Posted by Home.
The better option will be to get a HDB flat becasue condo installment can range from $3k to $5k depending on the cost and payment terms. Not forgetting that you also need to pay 20% in cash/cpf combined within a 8 weeks after signing on the dotted line. Besides, bank also look at your income before deciding on the loan given and the terms (30yrs or lesser).
Wait until you've established yourself in your career and earn higher salary before you jump into condo. Not worth the risk now.
for starters, they should invest in a hdb first. it is not impossible to make more than 100k or even 200k from hdb flats as some people think that only condos can achieve that kind of profit. i would advise looking for good hdbs less than 10 years located in the central area. no pint buying new ones coz you get tied for 5 years. buy a resale one, take a bank loan and you can sell it at a profit anytime the following year. i know of people who buy and sell hdb every year, making more than 50k to 100k each year. which average job can pay you that much if you are not highly skilled?
Originally Posted by wait
If there is no serious conflicts living together with your in-laws, it will provide you with a good environment to build up your savings. Your cpf savings (you & husband) will grow together as well.Originally Posted by Home.
Both of you are still young. No hurry lah.
A young couple starting out should get a HDB flat in a good location to start off. Many people make their first pot of gold from selling their first HDB flat, not staying with the in laws and accumulating small savings from employment. I managed to break free from all my housing loan after successively selling my previous HDB flats at a profit. Once the HDB flat is fully paid up, then think about buying a private property for investment. That is the way most Singaporeans would do it, unless you have rich parents to buy you a condo at the onset of your career....
Originally Posted by no hurry
beacon heights is a good starting home and also good for investment. you can consider it. when top, you will make money from the sale if you intend to sell...
Originally Posted by Home.
Load of crap...
CNA just reported Property mkt downturn...want to buy now better expect to hold for at least 5 yrs...And thats if u dun lose your job or get pay cut...
All property agents should have at least some morals and not con people into making a bad decision like "investing" now...
Originally Posted by Home sweet home
the simple is logic is buy when market is down and make when market goes up, don't you even understand this? beacon heights is in the central and developer selling good high floor units at below 1k psf so it is a good buy. only someone of your interllect will think that pty prices will nosedive to the pits. please wake up, this is land scarce singapore.....
Originally Posted by Crap
Another property agent hungry for sales in bad mkt...
Of cos its good to buy when prices are down...but have you even bothered to understand her situation? just started work, combined income unlikely to hit 5k over...u want them to buy and maintain a condo?
FYI, in 2003, height of SARs epidemic, private property mkt prices nose dive! Did you know abt that? Took 4 yrs till 2007 before prices reach their selling prices in 03...u hungry for sales also shouldn't advise like that...
Originally Posted by are you nuts?
Stupid fool.Originally Posted by Sound sleeper
Please talk sense and don't misled others. I watched the CNA news earlier too.Originally Posted by Crap
CNA did not report property downturn.
CNA reported Sep sales figures. Although it was higher than August figures, it was not impressive.
Who is misleading who? Take a look you hopeless property agent...Especially comments by Nicholas Mak...
September figures show continued softness in private home sales
SINGAPORE: Sales of private homes in Singapore improved 17.5 per cent in September, compared to the previous month.
But analysts said the pickup fell short of expectations, given the low base in August caused by the Hungry Ghost Festival. The seventh month of the Lunar calendar is traditionally regarded as an inauspicious period and buyers usually refrain from making purchases during that time.
Almost 300 per cent more units were launched for sale in September, compared to August. Property developers sold 376 units in September, just 51 units more than the preceding month. Nonetheless, some analysts see something to cheer about in the data.
Ku Swee Yong, director, Marketing & Business Development, Savills (Singapore), said: "I already see that as a positive (sign) because in September, the stock market beat the whole market down, so many investors were spooked."
The stock of private residential properties has been building up in the past year and was compounded by a large oversupply in September.
As buyers become more cautious in light of the economic downturn, prices are expected to fall.
Nicholas Mak, director, Consultancy & Research, Knight Frank, said: "Whatever gains made in the first half of this year will probably be lost by Christmas. Depending on how the global economic and financial situation plays out, I think there's still a lot of uncertainty and turmoil out there.
"There is a possibility we could see further weakness in home prices in 2009, especially if the Singapore economy were to slip into a prolonged recession.
"At the moment, we haven't seen some of the major bad news like massive retrenchments or fall in salary levels. If such a thing were to happen, we could see people giving up homes or downgrading."
Knight Frank said bad economic outlook could result in a double-digit fall in home prices in 2009. But others are not as pessimistic.
Ku said: "Private residential prices in mass market will still hold up very well, probably for the next 18 months... we believe so because the demand for public housing is still strong.
"In the third quarter, HDB price index for resale HDB (flats) still managed to climb 4.2 per cent. That should support mass market prices for HDB upgraders very well."
However, all agree that within the private residential sphere, luxury properties will bear the brunt of price pressures.
"For luxury and mid-tier residential market, we think that over the next 18 months, we might see about 5, 10 per cent drop. For the very luxurious properties, about 15 per cent drop in prices," Ku added.
Luxury properties tend to attract speculators who have retreated from the market in the current unpredictable financial environment.
Originally Posted by CNA
Useless agent! Can't even read a piece of news properly.Originally Posted by Crap
If you have nothing to do, go read more books and brush up your brain.
If you need a job, let me know. I can find you one.