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Thread: Words of WISDOM...

  1. #1
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    Default Words of WISDOM...

    Think about it a old man once told me....

    Son...its NOT your fault if you are born poor but ITS your fault if you die poor....

    how true....

    anymore 2 wisdom sayings...

  2. #2
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    "Go and buy a property now if you need it for own stay instead of renting"

  3. #3
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    Paper money will return to its intrinsic value of zero - Voltaire.

  4. #4
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    Quote Originally Posted by hyenergix
    "Go and buy a property now if you need it for own stay instead of renting"
    Wow - disagree with that one. Time and a place for everything under the sun..... including short term renting.

  5. #5
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    Quote Originally Posted by EBD
    Wow - disagree with that one. Time and a place for everything under the sun..... including short term renting.
    Depends on how short is short, u may rent and hope for prices to fall but end up paying 2-3 or even more years extra rental

  6. #6
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    Quote Originally Posted by hyenergix
    "Go and buy a property now if you need it for own stay instead of renting"
    tks bro i already got one property small little hdb...now waiting to buy when time is right already factored in my rental loss for one year after i sold my PC...so i am NOT as bad off as those who never wear cond%m

  7. #7
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    Quote Originally Posted by price
    Depends on how short is short, u may rent and hope for prices to fall but end up paying 2-3 or even more years extra rental
    i thought about it and i told myself...how HIGH are condo prices going to go...in 1 to 2 years time when market is FLOODED with HDB/PC do you from the BOTTOM of your heart really really think prices are going to go FLYING upwards from where they are today...i know this is a VERY sensitive topic...in a property forum...so whatever it is we all got our OWN game plans cos we are all in different quadrents of our lives...some young/some old/some rich/some poor....so lets just hope everybody can HUAT BIG BIG with their plans...

  8. #8
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    U may b miscalculating if u r planning to buy new OCR or RCR condo. Govt is increasing BTO n developers r pushing up EC prices. Nearby condos will reduce their discounts to maintain e gap.

  9. #9
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    Yes, I will never compromise my family in the future to play this property investment game. 1st own-stay property should never be traded like investment. Causing the entire family to move and paying for rent in hopes of getting a good buy in the near future is the stupidest move. No $ dont play property

  10. #10
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    For property investment, one has to take the timeline longer.

    KBW is smart, first, he has addressed all the first timers, and now the second timers. Thereafter, when the subscription rate for BTO is low, then he will drop the BTO supply. The cost of holding unsold stock for HDB is too high.

    BTO will go ahead with a subscription rate of 70% (not too sure), there will be balance stock as contingency for the market.

    So long as the political issue surfaced in the last GE is addressed, then he is safe.

    Private property market is a free market and govt should not have too much intervention.

  11. #11
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    Quote Originally Posted by hyenergix
    U may b miscalculating if u r planning to buy new OCR or RCR condo. Govt is increasing BTO n developers r pushing up EC prices. Nearby condos will reduce their discounts to maintain e gap.
    So far all their efforts are not making huge impacts coz buyers return with a vengeance...

  12. #12
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    Quote Originally Posted by radha08
    i thought about it and i told myself...how HIGH are condo prices going to go...in 1 to 2 years time when market is FLOODED with HDB/PC do you from the BOTTOM of your heart really really think prices are going to go FLYING upwards from where they are today...i know this is a VERY sensitive topic...in a property forum...so whatever it is we all got our OWN game plans cos we are all in different quadrents of our lives...some young/some old/some rich/some poor....so lets just hope everybody can HUAT BIG BIG with their plans...

    I share your reasoning and logic with regards to the future property market. The situation is very different from the past. Thus we cannot extrapolate the future based on the present without considering the supply that is coming on stream. I really hope I am wrong. But I am preparing for the worst.

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    Anyone know how many units HDB build from 2006 to 2010.

    2006
    2007
    2008
    2009
    2010
    2011(25,000 units)
    2012( )



    Last edited by Arcachon; 30-03-12 at 02:09.

  14. #14

  15. #15
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    Give me One year and 25,000 units and I will see "Light at End of Tunnel".

    http://mndsingapore.wordpress.com/page/3/

  16. #16
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    Sorry not one year, it from May 2011.

    Well done

    https://www.facebook.com/media/set/?...1376579&type=1

  17. #17
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    Anyone know how many units HDB build from 2006 to 2010.

    2006
    2007
    2008
    2009
    2010
    2011(25,000 units)

    2006-2010(26,319 units)

    Demand and Supply.

  18. #18
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    Quote Originally Posted by Arcachon
    Anyone know how many units HDB build from 2006 to 2010.

    2006
    2007
    2008
    2009
    2010
    2011(25,000 units)
    2012( )



    http://en.wikipedia.org/wiki/Mah_Bow_Tan
    Minister for National Development (1999-2011) - total new units declining ever since he took over...

  19. #19
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    Quote Originally Posted by Arcachon
    Anyone know how many units HDB build from 2006 to 2010.

    2006
    2007
    2008
    2009
    2010
    2011(25,000 units)

    2006-2010(26,319 units)

    Demand and Supply.
    u can find the numbers in the HDB Annual Report

  20. #20
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    The report indicate 26319 units over a period of 5 years.

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