As long as rental can hold prices WONT drop

[radha08]

Many many gurus around so i also might as well be one..

My theory is simple as long as the rental market is strong,resale prices will not drop....cos people have option to rent out their apts instead of sell at RIDICULOUS prices....of course there will be exceptional cases like owners who gamble/business fail/need money for other investmentetc etc...

Of course with onslaught of many many new properties going to TOP the enviroment might change..

Thank you for your attention it was fun being an analyst....

[kane]

Isn't it fun to be an analyst. Heh.

[radha08]

Isn't it fun to be an analyst. Heh.

ya all those clown earn money by talking rubbish everytime say may drop could drop might drop....kns so if never drop also they not salah because they say may/could/might.......better i talk kok n listen to myself...

[blackjack21trader]

Many many gurus around so i also might as well be one..

My theory is simple as long as the rental market is strong,resale prices will not drop....cos people have option to rent out their apts instead of sell at RIDICULOUS prices....of course there will be exceptional cases like owners who gamble/business fail/need money for other investmentetc etc...

Of course with onslaught of many many new properties going to TOP the enviroment might change..

Thank you for your attention it was fun being an analyst....

That is correct, bro radha08. That is why the master of all ana-lists-that is the humble ME said only landed will crash exactly because of this point you observed. The rest of the property types will maintain their price levels.

I have been right so many times for the past 20 years, the next 20 years will make no difference in my accuracy of predicting the property markets.

From: The Most Humble Person living on Planet Earth,
BLACKJACK21TRADER AKA 神龙股侠。
NIL SINE LABORE et AMOR !

[phantom_opera]

this is fundamental analysis .. what is lacking is technical analysis

my idea is to write a robot, pull the information from property guru over internet on number of rental units available across all PCs in Singapore, plot a daily graph, if we see vacant units start to accelerate rental could come down soon

if google sg can provide this info will be great

btw, bedok plot of land near TM MRT is released for sale BR buyers heart beat getting faster

[phantom_opera]

example daily comparison yesterday / today

O@E - 119 / 122
Livia - 131 / 136
Waterfront Waves - 228 / 231


Casa Merah - 75 / 78
One Amber - 35 / 35
Dakota Residences - 31 / 29
Mandarin Garden - 37 / 41
Astoria Park - 11 / 12

If done daily over a month ... we will have technical trend

[radha08]

btw, bedok plot of land near TM MRT is released for sale BR buyers heart beat getting faster

those who still got a heart....

[radha08]

example daily comparison yesterday / today

O@E - 119 / 122
Livia - 131 / 136
Waterfront Waves - 228 / 231


Casa Merah - 75 / 78
One Amber - 35 / 35
Dakota Residences - 31 / 29
Mandarin Garden - 37 / 41
Astoria Park - 11 / 12

If done daily over a month ... we will have technical trend

i also brought up this point before but a lot of bros said prop gur data not accurate...anyway good observation another thing u can do if u VERY free like me drive around the area at nite and observe how many units light is turned on...so u know how many people staying there and how many ghosts there are...

[zeq]

That is correct, bro radha08. That is why the master of all ana-lists-that is the humble ME said only landed will crash exactly because of this point you observed. The rest of the property types will maintain their price levels.

I have been right so many times for the past 20 years, the next 20 years will make no difference in my accuracy of predicting the property markets.

From: The Most Humble Person living on Planet Earth,
BLACKJACK21TRADER AKA 神龙股侠。
NIL SINE LABORE et AMOR !

dun mind, dun keep highlighted yr words. very irritating.

[hyenergix]

i also brought up this point before but a lot of bros said prop gur data not accurate...anyway good observation another thing u can do if u VERY free like me drive around the area at nite and observe how many units light is turned on...so u know how many people staying there and how many ghosts there are...

U r polluting e air w ur car. I suggest u walk.

[richie$$$]

Prime property rental prices in Singapore rose 4.8 percent during the 12 months ending September 2011 – a significantly slower rise than the 17.8 percent recorded during the previous 12 month period.

The Knight Frank Prime Global Rental Index report, which looks at the top five percent of the residential market, placed Singapore in 10th place from the 16 surveyed cities. Geneva (18.3 percent), Nairobi (13 percent) and Hong Kong (10.6 percent) occupied the top three positions in terms of percentage increases.

The reported noted: “Asia provides a mixed picture with Hong Kong and Singapore recording more muted growth. In the past 12 months, annual rental growth has shifted from 18.1% to 10.6% in Hong Kong, and from 17% to 4.8% in Singapore. China’s main cities of Beijing and Shanghai by comparison are seeing the rate of rental growth rise, although it remains to be seen whether the government-imposed regulatory measures that are having the desired effect of softening prices will filter through to rents.”

Globally, rents for prime properties increased by 4.3 percent, representing the Index’s strongest annual performance since Q3 2008. The overall index is now 19 percent higher than its recessional low in Q1 2010, but still 18 percent lower than its pre-recessional peak in Q3 2008. The Asia Pacific region saw an average rise of 8 percent during the September 2010 to September 2011 period.

This survey was conducted prior to the latest round of cooling measures which were introduced by the Singapore government. Some analysts and industry watchers are expecting a rise in prime property rental prices as some foreigners choose to rent instead of buy to avoid the additional 10 percent stamp duty which was imposed earlier in December.

[richie$$$]

Prime property rental prices in Singapore rose 4.8 percent during the 12 months ending September 2011 – a significantly slower rise than the 17.8 percent recorded during the previous 12 month period.

The Knight Frank Prime Global Rental Index report, which looks at the top five percent of the residential market, placed Singapore in 10th place from the 16 surveyed cities. Geneva (18.3 percent), Nairobi (13 percent) and Hong Kong (10.6 percent) occupied the top three positions in terms of percentage increases.

The reported noted: “Asia provides a mixed picture with Hong Kong and Singapore recording more muted growth. In the past 12 months, annual rental growth has shifted from 18.1% to 10.6% in Hong Kong, and from 17% to 4.8% in Singapore. China’s main cities of Beijing and Shanghai by comparison are seeing the rate of rental growth rise, although it remains to be seen whether the government-imposed regulatory measures that are having the desired effect of softening prices will filter through to rents.”

Globally, rents for prime properties increased by 4.3 percent, representing the Index’s strongest annual performance since Q3 2008. The overall index is now 19 percent higher than its recessional low in Q1 2010, but still 18 percent lower than its pre-recessional peak in Q3 2008. The Asia Pacific region saw an average rise of 8 percent during the September 2010 to September 2011 period.

This survey was conducted prior to the latest round of cooling measures which were introduced by the Singapore government. Some analysts and industry watchers are expecting a rise in prime property rental prices as some foreigners choose to rent instead of buy to avoid the additional 10 percent stamp duty which was imposed earlier in December.

[samsara]

You are right. Talk is cheap. Analysts have nothing to lose by following the crowd. If everyone is shouting down the market, they will shout down the market. On the other hand, they put their necks on the chopping board by taking a stand that is contrary to the trend.

It is important to do your own research and develop your own understanding of what is going on at the macro-economic level and also what truly impacts the behaviour of markets.

Timing the market is a sure-lose approach. Well and good if one times it correctly (with handsome monetary rewards even) but should he mistime it, it can be terribly (maybe even fatally) costly.

ya all those clown earn money by talking rubbish everytime say may drop could drop might drop....kns so if never drop also they not salah because they say may/could/might.......better i talk kok n listen to myself...

[ysyap]

Many many gurus around so i also might as well be one..

My theory is simple as long as the rental market is strong,resale prices will not drop....cos people have option to rent out their apts instead of sell at RIDICULOUS prices....of course there will be exceptional cases like owners who gamble/business fail/need money for other investmentetc etc...

Of course with onslaught of many many new properties going to TOP the enviroment might change..

Thank you for your attention it was fun being an analyst....

You are right to suggest that rental market will be strong going forward simply coz nearly all foreigners coming to our shores for work, etc will just have to rent. The rental demand for HDB flats will rise simply because investor's appetite for private sector has been greatly dampened by the latest CM.

Inevitably, the latest CM has also allowed more HDB owners to upgrade coz of nothing more than just a slight correction in private housing prices. All this provided the recession is kept at bay.

[kane]

i also brought up this point before but a lot of bros said prop gur data not accurate...anyway good observation another thing u can do if u VERY free like me drive around the area at nite and observe how many units light is turned on...so u know how many people staying there and how many ghosts there are...

there's this condo cairnhill crest or something. Right at the exit of CtE to cairnhill. During the last crisis there were hardly any lights. I thought the prices would crash there. Was waiting for a crash but it didn't materialise so in the end had to aim elsewhere.

[radha08]

U r polluting e air w ur car. I suggest u walk.

tks for suggestion i cicyle bicycle...

[blackjack21trader]

dun mind, dun keep highlighted yr words. very irritating.

You should tell that to basic and richie$$$, they started it and they are the irritating ones. why YOU TARGET ME ? YOU SHOULD GO AND TAKE A GOOD LOOK AND TELL THEM OKAY !!!!

[kane]

relax relax, this thread so far quite peaceful, don't turn it into another colourful thread leh.

[flagship74]

You should tell that to basic and richie$$$, they started it and they are the irritating ones. why YOU TARGET ME ? YOU SHOULD GO AND TAKE A GOOD LOOK AND TELL THEM OKAY !!!!

[devilplate]

How to gauge inflow and outflow of expats?

All these tok abt rental ok gg forward or potential oversupply r nothing if u cant tell the expats nett flow rite?

[richie$$$]

Lmao gold fingers n mama boy. Balls left in d fridge

[blackjack21trader]

relax relax, this thread so far quite peaceful, don't turn it into another colourful thread leh.

that zeq called me irritating...FINE...I will leave this forum. Good luck to the newbies here. You will never learn anything especially how to invest from the most humble person on Earth- that is, ME !

[richie$$$]

Farnee one who sees future wld b enjoying jetsetting life n nt spend time on forums n telling commoners wht 2 do

If I made $$$ I b somewhere else holidaying now Lmao

Me commoner can go kimchi land Nice cold weather free wifi if not me no come to forum

[devilplate]

Farnee one who sees future wld b enjoying jetsetting life n nt spend time on forums n telling commoners wht 2 do

If I made $$$ I b somewhere else holidaying now Lmao

Me commoner can go kimchi land Nice cold weather free wifi if not me no come to forum

I tot u oredi made it wor....

[devilplate]

that zeq called me irritating...FINE...I will leave this forum. Good luck to the newbies here. You will never learn anything especially how to invest from the most humble person on Earth- that is, ME !

Pls continue ur story telling

[kane]

Pls continue ur story telling

i support that.

[ysyap]

that zeq called me irritating...FINE...I will leave this forum. Good luck to the newbies here. You will never learn anything especially how to invest from the most humble person on Earth- that is, ME !

Hey most humble man you fight till blue black in the other forum coz Mr B called you names and maul you down like a bulldozer and you exchange blows ceaselessly. Now this chap call you irritating and you run road? Not proportional lah...

Don't stop your story telling leh...

[hyenergix]

We take on different persona in this virtual world. I'm your most humble peasant here.

[ysyap]

We take on different persona in this virtual world. I'm your most humble peasant here.

Huh?

[hyenergix]

No need to take things too seriously here. We just take on a different persona and tcss. Strange to see so much flaming...