poll away...
0-10%
10-20%
20-30%
30-40%
more than 40%
Senior
poll away...
Senior
how to have the link on the number of voters to show who voted what?
Global recession is coming....
should have drop 80%!
Originally Posted by kane
Exalted
Y no option for px to increase ar? Hahaha
Music of the night
40% .... garmen target 30%, swing on both sides always exceed target one
Ride at your own risk !!!
Exalted
Sure anot! Bro u more negative den me!
Den we shd all dump all our ppty now except our own roof?
Senior
if someone can tell me how to edit the poll i will be happy to add that option in.
Junior
dont let my posts and lelong pictures scared u le..
Exalted
I still maintain 20% drop on average just solely based on cm5 alonedont let my posts and lelong pictures scared u le..
As for eu bubble, its anyone guess.....big or small? Hehehe
Junior
if too big, everyone will die.. by then, no one on the street will talk or interested in property. so buy too many, aso hard to sell then.I still maintain 20% drop on average just solely based on cm5 alone
As for eu bubble, its anyone guess.....big or small? Hehehe
small.. total discount 30-40%. swee swee
let the buying interest cycle come back, time to sell again
Newbie
y would a 10% tax made the property drop 40%? Drop 10% is already consider a break even for foreign investor and a 7% gain for Singaporean based on the current price. Please enlighten me.
Junior
Demand supply forces but not as drastic as 40% unless EU breaks up
However drop will be first in D 9 10 11. Every investor was betting on china investors
Doubt anyone here thinks foreign investors are 'lulu'/ idiots
They would Be even more savvy
I sell Cheese Pie
you are quite close. My take is 70% drop thereabouts.should have drop 80%!
Newbie
Next 3-6 months... maintain to drop max 10%
6-12 months... back up again by 5% and keep at this level until 2014
Hard to see 2015 and beyond...
Senior
Yup... 10% from CM5. But if Euro crisis deepens, another 10%. If US crisis deepens, a further 10%. So max will be 30%... Hahahaha!
Junior
Going by past experiences of the gahmen, if property prices drop more than 20% all cm will be removed
Banned
then our govt will be gone case in 2016.....
then our govt will be like malaysia govt standard.....no standard....down the drain....no credibility.....
Junior
No need to argue.... All will be revealed in due time....
Music of the night
Sti headline big big 30% can't see hah? All sti headlines pap ctrl one, then developer share price high volume crashing 14% to 20% in 2d very bad technical super bear signal as no more upside for investor until after next election, 40% then only reversed out as br will be 988psf then
Ride at your own risk !!!
Music of the night
CAPL/CDL/Wingtai recorded very high volume when gap down ... very bad sign ... it means much more downside to come as big funds unloading
We are following footsteps of China ...
Ride at your own risk !!!
Senior
Property stocks will suffer quite a bit because of the measure. They were on the downtrend and this accelerated it.
Exalted
Resale market oredi vy dead and wif this cm5, not surprising to see knee jerk firesale now
Senior
Sure have a couple. Like in Jan.
Music of the night
Similar to the Chinese, low volume for a few months then one big developer cut price suddenly overnight by 20%, the risk is higher than ever especially for big quantum units
Ride at your own risk !!!
Senior
Big quantum units are always susceptible when rentals don't keep up.
Newbie
Just wondering. If resale is already very dead and you don't really see price dropping, why would this CM result in firesale? It would just make the market more dead only right?
Unless we see this trend keep going on for maybe another 1 -2 years and interest rate shoot up (very unlikely given current economic conditions), else don't really think price will drop significantly. Maybe 5-10%...
Music of the night
If so confident, In this case buy property stocks better right? down 14% for cdl already, that means those who sell write off sg resudential profit oredi
Ride at your own risk !!!
Senior
Property stocks technically like fiat money can print infinitely. Expansion of physical space is not as easily done.
Junior
i think it is all about confidence level. some with multiple properties wud now try to lower down their exposure and keep more cash for future opportunities. and even if they sell at 10-20% discount now, they are still able to make as their entry price is still lower than the asking price now.
Senior
Whatever it is, if need to sell, sell now. Don't wait till prices drop 20% or more then cry miss boat...
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