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Thread: new cooling measures effective 8dec 2011

  1. #151
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    Quote Originally Posted by teddybear
    HK central CCR > $15k psf! SG central CCR $6.5k psf. SG Lose so much!
    HK OCR $1k psf. SG OCR $1.35k psf! SG middle income earn so much more than HK?
    Have to compare HK OCR with HDB prices. 80% (ie middle income) stay in HDB

  2. #152
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    very interesting...... property prices will plummet down like a tonne of rocks

  3. #153
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    Those who are waiting by the sides for falling durian will have a smaller purse to play with now. 3% smaller... Lol!

  4. #154
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    So govt do read Mr B's postings after all!

    Btw this thread is expanding faster than that by Mr B some 2 months back. Wow! Records are falling like dominos!

  5. #155
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    Quote Originally Posted by devilplate
    Which bank? Maybank got 7% so high meh?

    I tink msia ringgit can change some!
    Yes devil. Maybank is the one, other bank also around that rate. There is a maybank at city sqr. Near n safe...

  6. #156
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    Quote Originally Posted by ysyap
    Those who are waiting by the sides for falling durian will have a smaller purse to play with now. 3% smaller... Lol!
    Then the seller will have to sell 3% cheaper too

    buyers (if any) market soon

  7. #157
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    such a drastic measure just before the crucial European Union summit tomorrow? is s'pore govt already expecting things to turn out well n therefore taking pre-emptive measures?

    if not why not wait a bit more until the direction of the crisis is clearer before implementing more cooling measures? otherwise if recession comes, how?

    or they think if recession comes, more foreigners will park their assets in safe haven s'pore?? so either way, cooling measures r due?

  8. #158
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    Thomson Grand townhouse owners looking for a flip will be pretty upset.

  9. #159
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    Quote Originally Posted by Lovelle
    Go across causeway, park some ringgit in any local bank. Interest rate is very high over there..
    Thought have to be malaysian then can enjoy the high interest, no?

  10. #160
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    Quote Originally Posted by Geylang OKT
    Then the seller will have to sell 3% cheaper too

    buyers (if any) market soon
    Govt actually very smart... they know they may manipulate the market such that through that move to 'save' the market, they have turned it around to become buyers' market and in so doing, they are collecting BSD like baby drinking milk every 3 hours . will flow into their pockets swiftly.

  11. #161
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    MM makes more sense now due to lower taxes.

  12. #162
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    Quote Originally Posted by Geylang OKT
    very interesting...... property prices will plummet down like a tonne of rocks
    Ur biz cfm up up up!

    Coe cat b also start to drop liao! Crash is coming!

  13. #163
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    Quote Originally Posted by ysyap
    Govt actually very smart... they know they may manipulate the market such that through that move to 'save' the market, they have turned it around to become buyers' market and in so doing, they are collecting BSD like baby drinking milk every 3 hours . will flow into their pockets swiftly.
    Give the property market a well deserved rest. Good pickings to be had in 1.5yrs to 2yrs time

  14. #164
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    Quote Originally Posted by ysyap
    So govt do read Mr B's postings after all!

    Mr B postings are out of proportion...everyone knows there is slowdown blah blah in digital age..info is transparent the problem is he keeps on posting like the world is coming to the end that infuriates even Buddha

    Those units that depend on foreigners buying will be hit the hardest...

  15. #165
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    Quote Originally Posted by gav108
    such a drastic measure just before the crucial European Union summit tomorrow? is s'pore govt already expecting things to turn out well n therefore taking pre-emptive measures?

    if not why not wait a bit more until the direction of the crisis is clearer before implementing more cooling measures? otherwise if recession comes, how?

    or they think if recession comes, more foreigners will park their assets in safe haven s'pore?? so either way, cooling measures r due?
    Our lovely govt always believe in staying one step ahead of others, the key to stay afloat in the impending turbulent storm.

  16. #166
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    Quote Originally Posted by gav108
    such a drastic measure just before the crucial European Union summit tomorrow? is s'pore govt already expecting things to turn out well n therefore taking pre-emptive measures?

    if not why not wait a bit more until the direction of the crisis is clearer before implementing more cooling measures? otherwise if recession comes, how?

    or they think if recession comes, more foreigners will park their assets in safe haven s'pore?? so either way, cooling measures r due?
    If recession is expected, price will automatic come down, don't need another cooling measure.

  17. #167
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    Think should cheong stocks now, liquidity will cheong into stocks, no other place to go

  18. #168
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    Quote Originally Posted by Lovelle
    Yes devil. Maybank is the one, other bank also around that rate. There is a maybank at city sqr. Near n safe...
    On la! Ringgit better den oz dollar to change now....

  19. #169
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    So What Mr B said is correct?!

  20. #170
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    Mr Basic got it rite this time! Kudos!

  21. #171
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    Quote Originally Posted by kane
    Thomson Grand townhouse owners looking for a flip will be pretty upset.
    They must be crazy to want to flip when they bought few mths ago.

  22. #172
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    Quote Originally Posted by devilplate
    On la! Ringgit better den oz dollar to change now....
    There was capital control b4 in Malaysia right?

  23. #173
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    Malaysia will laugh at us....
    they want foreign monies and yet Singapore Govt is more than willing to give them...

  24. #174
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    Quote Originally Posted by devilplate
    On la! Ringgit better den oz dollar to change now....
    Sing D and Ringgit up and down roller coaster so not much of a leverage these past year. You change with what currency?

  25. #175
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    Volume will drop to near zero next month, agents eat grass
    Ride at your own risk !!!

  26. #176
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    Quote Originally Posted by devilplate
    Ur biz cfm up up up!

    Coe cat b also start to drop liao! Crash is coming!
    gahmen better go protect Bedok Reservoir

  27. #177
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    Quote Originally Posted by solsys
    They must be crazy to want to flip when they bought few mths ago.
    Yup... with that SSD, they must be crazy but there are indeed crazy people in our midst...

  28. #178
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    Quote Originally Posted by Allthepies
    Think should cheong stocks now, liquidity will cheong into stocks, no other place to go
    3X my SMRT position tomorrow
    Ride at your own risk !!!

  29. #179
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    This will provide further support for the rental market with more units top next 2 year.

  30. #180
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    Quote Originally Posted by phantom_opera
    Volume will drop to near zero next month, agents eat grass
    Developers cursing too... double blow for those who recently bought land parcel at super high price too... Oops!

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