View Full Version : What should a property investor do now?
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
No standard answer - depends on what's your objective and circumstances.
If you ask me I'll say 3) coz I'm seller in the market now. Haha.
Regulators
10-03-10, 14:18
u mean (2)?
No standard answer - depends on what's your objective and circumstances.
If you ask me I'll say 3) coz I'm seller in the market now. Haha.
u mean (2)?
2 for him and 3 for the TS.
If have ony one property - (1)
If you have multiple properties and wish to buy diamond for wife, buy new lambo/merc, go on a world tour, start a biz, etc - (2)
If you have idle cash pile sitting in the bank a/c and earning 0.x% interest - (3)
If you are a heartlander who don't know what city living is all about - (4)
If you fear that you will outlive your properties - (5)
If you don't want to queue for booking of BBQ pits or wait for your turn to use the treadmill or see your neighbour's laundry, etc - (6)
:) :cool: ;) :D :p
u mean (2)?
No I meant (3) as I want him to buy mine hahaha....
If have ony one property - (1)
If you have multiple properties and wish to buy diamond for wife, buy new lambo/merc, go on a world tour, start a biz, etc - (2)
If you have idle cash pile sitting in the bank a/c and earning 0.x% interest - (3)
If you are a heartlander who don't know what city living is all about - (4)
If you fear that you will outlive your properties - (5)
If you don't want to queue for booking of BBQ pits or wait for your turn to use the treadmill or see your neighbour's laundry, etc - (6)
:) :cool: ;) :D :p
I like.... your answers.
Property_Owner
10-03-10, 14:54
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
1) Hold on and ride the wave
Yup, if you have only 1 property.
2) Sell now and cash out on the wave
If you have few properties but need some cash to enjoy
3) Buy now and further ride the wave
If you believe prices will continue to rise like I do.
4) Switch to Prime to ride a bigger wave
If you have spare cash as prime area rental yield are still low.
5) Switch to Freehold from Leasehold to reduce downside risks
Locations, location, location.
6) Switch to Landed to further reduce downside risks
I dun think landed will escaped the fall if the whole market crash. yield isn't doing so well too. Can't flip easily.
sell everything you have now except the best you have in your portfolio, and stay there.
then sit back and enjoy life
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
3) Buy now and further ride the wave
3 and only 3 can be the answer! :cheers1:
1930 - Great Depression Worldwide
What should a property investor do now?
3) Buy this pair of River Valley Road shophouses for $3,800.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/th_RiverValleyShophouses19300821.jpghttp://i305.photobucket.com/albums/nn211/jlrx_bucket/th_RiverValleyShophouses.jpg
1950 - World War II Just Ended, World Economic Upswing
What should a property investor do now?
3) Buy this 27,986 sq ft "Modern" bungalow at Orange Grove Road for $45,000.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/th_OrangeGroveBungalowTigerYear1950021.jpg
1977 - Vietnam Invades Cambodia, PM Lee Kuan Yew Standbys Airforce to fight to "Bitter End"
What should a property investor do now?
3) Buy this 30,000 sq ft Queen Astrid Park bungalow for $500,000.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/th_QueenAstridParkBungalow19771114.jpg
1981 - Property Market Reaches "Ridiculous Prices"
What should a property investor do now?
3) Buy this District 11 Mandalay Court for a "Ridiculous Price" of $217 psf.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/RidiculousPrices19810418.jpg
http://i305.photobucket.com/albums/nn211/jlrx_bucket/PropertyClassifieds19810421.jpg
1986 - Singapore's First Recession
What should a property investor do now?
3) Buy this 3,600 sq ft Seletar Hills Semi-Detached for $328,000 or $91 psf.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/SeletarHillsTigerYear19860930.jpg
No I meant (3) as I want him to buy mine hahaha....
Not difficult to interpret your intention mah ... aiyah ... juz sell to jlrx lah since he believes in buy buy buy :D
Yup, greenhorn gave good answers .. lol
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
1) Hold on and ride the wave
Yup, if you have only 1 property.
2) Sell now and cash out on the wave
If you have few properties but need some cash to enjoy
3) Buy now and further ride the wave
If you believe prices will continue to rise like I do.
4) Switch to Prime to ride a bigger wave
If you have spare cash as prime area rental yield are still low.
5) Switch to Freehold from Leasehold to reduce downside risks
Locations, location, location.
6) Switch to Landed to further reduce downside risks
I dun think landed will escaped the fall if the whole market crash. yield isn't doing so well too. Can't flip easily.
1) Hold on and ride the wave
- If you have one or even two investment properties, you may wanna just hold on.
2) Sell now and cash out on the wave
- Same as "Property_Owner".
3) Buy now and further ride the wave
- If you have lots of spare cash and believe prices will continue to go up, you may selectively buy more.
4) Switch to Prime to ride a bigger wave
- Same as "Property_Owner".
5) Switch to Freehold from Leasehold to reduce downside risks
Same as "Property_Owner".
- P.S.: In addition, "location, location, location". Another addition, "location, ..........
6) Switch to Landed to further reduce downside risks
- Same as "Property_Owner".
.. P.S.: Landed property, as an investment, has more risk as it is not so liquid and serve a smaller-and-almost-fixed market.
I agree. Especially properties in the prime location.
Singapore is now at a turning point as it transforms into a very different city from its neighbours over the next few years.
Those who make it in their country will definitely buy at least 1 property in SG for their family, kids etc...
[quote=jlrx]3) Buy now and further ride the wave
3 and only 3 can be the answer! :cheers1:
I agree. Especially properties in the prime location.
Singapore is now at a turning point as it transforms into a very different city from its neighbours over the next few years.
Those who make it in their country will definitely buy at least 1 property in SG for their family, kids etc...
3) Buy now and further ride the wave
3 and only 3 can be the answer! :cheers1:
Although I believe that we cannot predict the future, we can always look back into the past (with the benefit of hindsight) to see why certain things happened the way they did.
The blue curve below shows the property fundamentals curve due to the depreciation effect of paper money.
The pink graph shows the actual property price curve. The property price curve showed the market running ahead of fundamentals four times, and then correcting itself: 1985 (Singapore's First Recession), 1997 (Asian Financial Crisis), 2000 (Dot Com Bust) and 2008 (Lehman Brothers).
http://i305.photobucket.com/albums/nn211/jlrx_bucket/PropertyPriceCooling.jpg
With the benefit of hindsight, we can explain:
1. Why property prices started to shoot up in 2006/2007: simply because it's time! The pink property price curve had gone below the blue fundamentals curve. Prices were below fundamentals. It's time!
2. Why property prices bounced up so rapidly in 2009, stunning everyone, despite the world being in recession: the pink property price curve had crashed downward right into the blue fundamentals curve (like a gymnast falling into a trampoline) and got bounced up!.
http://joedale.typepad.com/photos/uncategorized/2008/01/10/boy_jumping_on_trampoline_hg_wht_62.gif
Regulators
10-03-10, 22:55
thought u have already gone thru this before, kindly spare us the torture :doh:
Although I believe that we cannot predict the future, we can always look back into the past (with the benefit of hindsight) to see why certain things happened the way they did.
The blue curve below shows the property fundamentals curve due to the depreciation effect of paper money.
The pink graph shows the actual property price curve. The property price curve showed the market running ahead of fundamentals four times, and then correcting itself: 1985 (Singapore's First Recession), 1997 (Asian Financial Crisis), 2000 (Dot Com Bust) and 2008 (Lehman Brothers).
http://i305.photobucket.com/albums/nn211/jlrx_bucket/PropertyPriceCooling.jpg
With the benefit of hindsight, we can explain:
1. Why property prices started to shoot up in 2006/2007: simply because it's time! The pink property prices curve had gone below the blue fundamentals curve. Prices were below fundamentals. It's time!
2. Why property prices bounced up so rapidly in 2009, stunning everyone, despite the world being in recession: the pink property price curve has crashed downward right into the blue fundamentals curve (like a gymnast falling into a trampoline) and got bounced up!.
http://joedale.typepad.com/photos/uncategorized/2008/01/10/boy_jumping_on_trampoline_hg_wht_62.gif
thought u have already gone thru this before, kindly spare us the torture :doh:
My sermons may sound a bit boring at times, just like the sermons in some religions which have to be delivered 52 times a year, but it's important to keep the faith because we get new members to our Church of Propertism here all the time. :cheers1:
Every sermon is slightly different, but based on the same set of principles - Propertism - the belief that property prices will always go up in the long term, simply because paper money will eventually lose all it's value.
http://thebackpew.com/backpew/images/just_say_amen.jpg
- Propertism - the belief that property prices will always go up in the long term, simply because paper money will eventually lose all it's value.
Are you referring to Hyperinflation? If so, unless you can afford to pay off the property and still have $$$, leveraged real estate NOT a good hedge against hyperinflation. Sorry, not a good sermon my friend.. :tongue3:
Hi forumers, anyone care to share his views moving forward for the Singapore property market with assumptions? No right or wrong just views.
1) Hold on and ride the wave
2) Sell now and cash out on the wave
3) Buy now and further ride the wave
4) Switch to Prime to ride a bigger wave
5) Switch to Freehold from Leasehold to reduce downside risks
6) Switch to Landed to further reduce downside risks
7) ...
Didn't buy during the 'bottom' which really wasn't a bottom at all. Now watching the market go back up. Missed the boat on buying my first condo. Loads of cash now in the bank at 0% interest.
Are you referring to Hyperinflation? If so, unless you can afford to pay off the property and still have $$$, leveraged real estate NOT a good hedge against hyperinflation. Sorry, not a good sermon my friend.. :tongue3:
No need for hyperinflation; no need to leverage too much. Just buy within your means.
How about a 3-room HDB flat in Clementi "New Town" for $16,400?
http://i305.photobucket.com/albums/nn211/jlrx_bucket/HDBPrices19800624.jpg
Or a District 10, Shanghai Road, 7,275 sq ft bungalow for $8,200 or $1.13 psf? Just buy within your means.
http://i305.photobucket.com/albums/nn211/jlrx_bucket/ShanghaiRoad19200328.jpg
“The modern banking process manufactures currency out of nothing.”.
- Lord Josiah Stamp, Former Director of the Bank of England (1937)
“At the end fiat money returns to its inner value—zero.”
- Voltaire (21 November 1694 – 30 May 1778)
Loads of cash now in the bank at 0% interest.
u can go buy share what ;)
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