The property crash that will never come:

[ysyap]

SINGAPORE, Oct 3 (Reuters) - Following are flash estimates for private home prices in the third quarter of 2011 released by the Urban Redevelopment Authority (URA):
Quarter-on-quarter, percentage price change: Period Q3/2011 Q2/2011 Q1/2011 Q4/2010 Q3/2010 Singapore +1.3 +2.0 +2.2 +2.7 +2.9 private home prices
Context:
- The rate of increase in private residential property prices fell for the eighth consecutive quarter, according to URA data.
- URA said the biggest increase was for homes outside the central region, which rose 2.1 percent during the third quarter. In contrast, private home prices in the core central region edged up by 0.8 percent.
- Savills said last week that home sales in Singapore's mass market segment continued to be robust during Q3. But the high-end market softened amid new headwinds from crisis-hit economies of Western Europe.
- The URA flash estimate is based primarily on data from the first 10 weeks of the quarter.
- Singapore has been trying to stem the rise in home prices by increasing the supply of land available for housing and reducing the amount people can borrow for second properties.
- The ruling People's Action Party swept back to power in May general elections, but the opposition made historic gains. The sources of unhappiness included the spiralling cost of housing and Prime Minister Lee Hsien Loong has responded to the polls setback by retiring three ministers including the minister in charge of housing.

[Geylang OKT]

When the tide ebbs, all vessels, whether luxury cruisers, tankers, boats and even sampans will all be affected

[devilplate]

When the tide ebbs, all vessels, whether luxury cruisers, tankers, boats and even sampans will all be affected

hows ur biz lately?

[hyenergix]

SINGAPORE, Oct 3 (Reuters) - Following are flash estimates for private home prices in the third quarter of 2011 released by the Urban Redevelopment Authority (URA):
Quarter-on-quarter, percentage price change: Period Q3/2011 Q2/2011 Q1/2011 Q4/2010 Q3/2010 Singapore +1.3 +2.0 +2.2 +2.7 +2.9 private home prices
Context:
- The rate of increase in private residential property prices fell for the eighth consecutive quarter, according to URA data.
- URA said the biggest increase was for homes outside the central region, which rose 2.1 percent during the third quarter. In contrast, private home prices in the core central region edged up by 0.8 percent.
- Savills said last week that home sales in Singapore's mass market segment continued to be robust during Q3. But the high-end market softened amid new headwinds from crisis-hit economies of Western Europe.
- The URA flash estimate is based primarily on data from the first 10 weeks of the quarter.
- Singapore has been trying to stem the rise in home prices by increasing the supply of land available for housing and reducing the amount people can borrow for second properties.
- The ruling People's Action Party swept back to power in May general elections, but the opposition made historic gains. The sources of unhappiness included the spiralling cost of housing and Prime Minister Lee Hsien Loong has responded to the polls setback by retiring three ministers including the minister in charge of housing.

House prices shd peak next year by extrapolation. Rental has already peaked this year. Will they remain flat or drop? Depends on recession n retrenchment.

[Geylang OKT]

hows ur biz lately?

Very good indeed! As property prices are plunging, the speculators and specu-vestors need to seek solace

[hyenergix]

R u e mamasan in e avatar? Any special rates for forumers here when our properties prices crash?

[Geylang OKT]

R u e mamasan in e avatar? Any special rates for forumers here when our properties prices crash?

Bro, we still need to eat also leh

[hopeful]

Bro, we still need to eat also leh

from wikipedia.
http://en.wikipedia.org/wiki/Semen

Nutritional value

Semen is primarily water, but contains trace amounts of almost every nutrient the human body uses.[citation needed] It has somewhat higher amounts of commonly deficient minerals, such as potassium, magnesium, and selenium.[42] One typical ejaculation contains 150 mg of protein, 11 mg of carbohydrates, 6 mg fat, 3 mg cholesterol, 7% US RDA potassium and 3% US RDA copper and zinc.[43][not in citation given] When metabolized, protein yields 4 kcal/g, carbohydrate also yields 4 kcal/g, and fat yields 9 kcal/g.[44] Hence the food energy in the typical ejaculation is 0.7 kcal (2.9 kJ).


Your chicks no need to go hungry

[land118]

Very good indeed! As property prices are plunging, the speculators and specu-vestors need to seek solace

yours truely is recession proof biz.., only worry abt the man-in-blue & MOM...

[Geylang OKT]

yours truely is recession proof biz.., only worry abt the man-in-blue & MOM...

We are all law abiding citizens

Nowadays the new breed of law abiding pimps are all high tech and armed with either US or Australian degrees

[Geylang OKT]

from wikipedia.
http://en.wikipedia.org/wiki/Semen

Nutritional value

Semen is primarily water, but contains trace amounts of almost every nutrient the human body uses.[citation needed] It has somewhat higher amounts of commonly deficient minerals, such as potassium, magnesium, and selenium.[42] One typical ejaculation contains 150 mg of protein, 11 mg of carbohydrates, 6 mg fat, 3 mg cholesterol, 7% US RDA potassium and 3% US RDA copper and zinc.[43][not in citation given] When metabolized, protein yields 4 kcal/g, carbohydrate also yields 4 kcal/g, and fat yields 9 kcal/g.[44] Hence the food energy in the typical ejaculation is 0.7 kcal (2.9 kJ).


Your chicks no need to go hungry

Men (or women) do not live by semen alone

[land118]

We are all law abiding citizens

Nowadays the new breed of law abiding pimps are all high tech and armed with either US or Australian degrees

of course...legitimate biz

[evergreen]

If your semen is so great why don't you drink yours to avoid wastage or get other guys to give theirs to you.

[condoinvestor]

Hi all.

Have not been following this thread, however would like to know the feeling out there, IS THE CORRECTION COMING? and by HOW MUCH?

My take is Yes, 10 % at the most. I will like to hear from the rest...

[testtest]

Hi all.

Have not been following this thread, however would like to know the feeling out there, IS THE CORRECTION COMING? and by HOW MUCH?

My take is Yes, 10 % at the most. I will like to hear from the rest...

Agree, it will be 10% of the current value after the dust is settled!

[phantom_opera]

both C / BAC are down 10% last night, what is 10%?

[ysyap]

Agree, it will be 10% of the current value after the dust is settled!

10% drop does not even reach the low of 2009. As pointed out by experts, new lows will still be higher than previous lows.

[hopeful]

10% drop does not even reach the low of 2009. As pointed out by experts, new lows will still be higher than previous lows.

dont be mistaken. the observation is limited to property price indices. Individual projects may be lower than previous low.

[kane]

dont be mistaken. the observation is limited to property price indices. Individual projects may be lower than previous low.

Which projects do you have in mind? Most of the lows in 2009 was pretty low.

[East Lover]

dont be mistaken. the observation is limited to property price indices. Individual projects may be lower than previous low.

i'm wondering who will start the fire sales, developer? they should have a lot of $$$ now... buyer? the holding power is getting much bigger than last round.... who else? those investor who has multiple properties and plays shares????

[gn108]

Those who play share on margin and lose at Casino.

i'm wondering who will start the fire sales, developer? they should have a lot of $$$ now... buyer? the holding power is getting much bigger than last round.... who else? those investor who has multiple properties and plays shares????

[devilplate]

dont be mistaken. the observation is limited to property price indices. Individual projects may be lower than previous low.

or certain projects may drop lesser

[devilplate]

i'm wondering who will start the fire sales, developer? they should have a lot of $$$ now... buyer? the holding power is getting much bigger than last round.... who else? those investor who has multiple properties and plays shares????

shd be those who bot low in 09/2010, they might try to breakeven.....they will sell those poor facing and bad numbered like 10-04 units away at breakeven px.....i got one such deal in 09.....vy ugly number but heck care when its dirt cheap

[East Lover]

Those who play share on margin and lose at Casino.

those kind of ppl should always go for fire sales regardless bearish or bullish??

[East Lover]

shd be those who bot low in 09/2010, they might try to breakeven.....they will sell those poor facing and bad numbered like 10-04 units away at breakeven px.....i got one such deal in 09.....vy ugly number but heck care when its dirt cheap

then they should sell ealier to earn more. during peak time, any unit can sell one....

[devilplate]

then they should sell ealier to earn more. during peak time, any unit can sell one....

how u noe when is peak? its always on hindsight isnt it

[DC33_2008]

Property analysts are quite positive with spore properties till of 2011, What are your takes.

[devilplate]

Property analysts are quite positive with spore properties till of 2011, What are your takes.

i prefer big crash ....but may only see flattish or slight correction

not much meat to crash

perhaps landed got chance? some gained nearly 100% since 09?

[DC33_2008]

Landed is more difficult to crash than condos. Difficult to find good buy these days.

i prefer big crash ....but may only see flattish or slight correction

not much meat to crash

perhaps landed got chance? some gained nearly 100% since 09?

[devilplate]

Landed is more difficult to crash than condos. Difficult to find good buy these days.

based on historical stats, not really.....when biz hit real bad, goto sell hse too

i believe those increase alot may suffer steeper correction....increase less, drop lesser too